Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.


Wednesday, 19 March 2008

Startup Idea #44: Open source cross site metrics for ads

Buzz Machine had an excellent post.
One of the big ideas mentioned by the post is cross site data metrics that allows advertisers to better target their ads. An opportunity is to use an open source approach to create this.

Startup Idea #43: Dynamic widget + social advertising

Current widgets are rather static. MyBlogLog is an exception but it has limited functionality beyond showing recent visitors to a site. Can we combine the dynamic quality of MyBlogLog with the content focus of widgets like Last.fm, Visual Bookshelf et al? Imagine a visual bookshelf that dynamic changes the type of books displayed, depending on the readers' reading habits.

Such a system is almost like another form of the Facebook beacon, but one that is not confined within a closed system. For this to work, we need to maybe co-relate the identity systems of different applications. Once we do that, there are many fun things we can do.

One such widget I would want is sort of like a media widget that sits in your blog. There will be different tabs like music, books, events, games, video et al. Depending on the tab that is chosen, the look of the widget will change such as bookshelf for books, a radio for music et al. The content in these widgets will be determine by the visitors' consumption. So, if your recent visitors are fans of rock music, your widget will display rock music.

The system I described is also a form of social advertising where the interaction itself is the advertisement. If the blog readers or owner see something they like on this blog widget and click through to purchase the items, the blog owner gets a cut of the affiliate fees.

This sounds workable.


Tuesday, 18 March 2008

Startup Idea #42: Small idea-virtual gifts for social sites

Create a feature-as-company where its main product would be to create virtual gifts for social sites. Similar to how HotorNot uses virtual flowers, we can provide such applications for other social networks that do not have either the capabilities or the budget to develop it themselves.


Tuesday, 11 March 2008

Idea generation #15: Seth Godin's ideas

Friday, 7 March 2008

Startup idea #41: Ad market for virtual item

As virtual worlds proliferate like blogs, I see a need for an advertising market where brands can sponsor virtual items. The benefits to the advertisers is that through these virtual items, they can collect preferences of their users, which can then be translated to real world items.

For such a market to work, we need markets where publishers or developers of virtual worlds are willing to open up their virtual item inventory spaces. Currently, all such worlds are closed and it is difficult for any third party to supply services into them. The arrival of 'open source' world making, given tools like what Metaplace is providing, can help to alleviate this problem.

We also need data metrics on interaction or prosumption to tell advertisers about how their virtual goods are being used. What colour is most preferred? What designs are favoured by girls? How many blue colour tshirts are paired with camouflage Bermudas? All these data gives advertisers valuable information on consumer preferences and fully exploits the cheap interaction that is now possible on the net.

Startup idea #40: Microplatform & Ad market for barcodes content

Introduce a micro platform that allows advertisers, consumers, brands and website owners to create their own 2d mobile bar code. The more fun we make this platform, the greater the chance of adoption.

These barcodes will form the content which advertisers can tap on. In other words, we can combine the mirco platform with an advertising market that allows advertisers to bid for barcodes of which to place their URLs.

Besides this HUGE market, the set of accompanying services that can be created such as :
i) clickable type of services for small businesses
ii) efficient frontier type of services i.e. using financial modeling to assist companies to decide on keywords to bid on and the optimal amount to bid--based on countless variables, from past click-through performance to the number of rival bidders, while taking account of constant fluctuations in auction prices et al
iii) measurement and analytic services



Tuesday, 26 February 2008

Startup Idea #39: Microfunding for creatives

Kiva + sellaband + viral credit chains = new financing model for media creatives that is both social and viral.

Media financing has been stagnated for a while. Helping artists to connect with capital suppliers is going to bring huge benefits to the industry.