Yahoo Answers! is a site located on Yahoo that allows people to ask questions and other people answer them to the best of their ability. It uses a points-based system where longer and older accounts will be more trustworthy and where anyone can quickly become an authority on any topic. While many people may not realize it, there is money to be made using this site on Yahoo. One way, it boils down to a simple marketing principle.
In Yahoo Answers! people have problems Using this as a breeding ground for product ideas, you can search through it, either by topic or whatever interests you already have, to find people looking to solve their problems. The next step is to search the Internet for the solution to your problem. A lot of information is free on the internet, so finding this information should be easy and a bit annoying at worst.
After you have the information, they want you to create a report on it. Marketers often turn this information into e-books, since digital products don’t come with any quick or fixed fees, except perhaps time and getting a merchant account at sites like Clickbank or PayDotCom. The time you spend turning free information into a report will be one of the biggest uses of your time. Once you have your report, what do you do with it?
Return to Yahoo Answers! or even a Yahoo group related to the problem you just solved and give away the report for free. The ideal way to do this is to have an autoresponder account on Aweber or Getresponse and exchange your email address for your report. This will allow you to build a list of interested prospects in whatever area you have chosen. Once you have that list of targeted prospects, you can use your autoresponder sequence or email them however you like with more information or market-related products. It may take a bit of work, but this is one way to make money with Yahoo Answers.