(German Version below)
Here I will briefly discuss the possibilities of making money in the internet in Germany (German: online geld verdienen) with geld meaning money and verdienen meaning to earn. Surely the possibilities are not very different from the methods of making money online somewhere else. Nevertheless, I will discuss whether a further potential for German marketers might exist and if online marketers not from Germany should consider getting connected to the German market.
The total online advertisement industry in Germany is rapidly growing with growth rates of 25% in 2008 and 10% 2009. This is impressive if one regards the general reduction of money spent for advertisement caused by the global financial crisis. Some marketing and SEO tools are developed in Germany, but often they are simply imported. Programs and widespread internet developments are often translated. Facebook for example was translated recently not only into German and but also rebuild and adapted to German wishes by introducing studivz. A further example is digg that is known as yigg in Germany. So pay attention. Somebody might just copy your great product idea and earn money for just providing the same thing in another language.
The tax situation is also quite complicated since the amount of taxes you have to pay depends on where your business is located, where the main consumers of your business are located and what your business is about. It also depends on how much you earn of course (German: Geld verdienen). The questions regarding the location are of course not easily to be answered since the internet and its user are usually distributed quite well around the globe. If the language of your site is English or if it is multilingual you have to pay fewer taxes in Germany.
One of the most prominent German money making services is Zanox which is the largest network paying its contributors for submitting articles about future trends and installing its ads on their personal sites. Another service for bloggers reviewing products in multiple ways is Trigami with its location in Suisse. It should probably consider allowing non English speaking advertisers to join the program in order to advertise their products wordwide. Offering your service in more languages increases trust and respect regarding your product and the income (German: geld online verdienen).
On the other hand often marketers sitting in other countries do not try to reach the German one. They are just too lazy to translate all their stuff and do not really think about the potential of entering a foreign market. Maybe their product could fall into the niche category in this market much better than in their home market. The German market is probably less competitive, you can see that if you regard typical search terms like online Geld verdienen, Geld online, Internet Geld verdienen where Geld means money and verdienen means to earn.
Get more information about Geld Online Verdienen in Germany and how to get connected to Germanys growing internet money maker world on my site Verdienen Online. There you will also find top information about current German niches.
Mittwoch, 14. Oktober 2009
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