These days websites like WikiAnswers and Yahoo Answers are hugely popular among the internet audience. These sites get millions of unique visitors and thousands of ad clicks everyday. Using the same model you can start your very own online business. Building a Q n A website is quite straightforward. There are more than a few scripts that can be used to create such sites.
In this article we will look at the benefits of creating a question and answer website:
Multiple Revenue Streams
There are more than a few ways to monetize a Q & A website. You can place Adsense ads on your pages, join a pay-per-view ad programs, charge your users for asking question and so on. By combining these strategies you can earn hundreds, possibly thousands, of dollars each and every month.
No Work Required
The biggest advantage of this business is that you don’t need to do any work. Once your site is up and running you can just forget about it. Your members will automatically keep creating content for you and after some time your pages will start appearing in search engines for long-tail keywords. For moderation of posts you can hire a freelancer from oDesk or vWorker.
You can also use your website to collaborate with your work buddies, business partners, friends and family members. It’s like having your very own social network. Many Q & A scripts allow you to password protect your site which is a great option if you want your conversations to be private.
If you are looking for a simple way to make money on the internet then creating a question and answer website might be best idea.