For many people, making money online would be an absolute dream come true. If they could find a way to make money with a website or some other online venture, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally take back control of their time and their lives.
Now, here’s the good news. The majority of online revenue strategies aren’t that complicated. Like any business venture, your online income takes time to grow. You need to be willing to devote the time and energy required to get your idea off the ground, and you need grit to stick with it even if your journey is slow when you first start out.
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.
Generally speaking, you’ll want to partner with affiliates that are related to your blog concept.
In addition to signing up for individual affiliate programs, you can also sign up for an affiliate ad network that offers a ton of different affiliates in one place. That way, you can see what works and what doesn’t work over time.
Blogging can be done either as a hobby or as a full-time business. In fact, it often starts as a hobby, becomes a profitable side business, and then becomes a brand-new, all-encompassing career.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
You can set up a website, gradually build up the content (articles, videos, podcasts, etc.), then eventually monetize the site through advertising, affiliate marketing, or even the direct sale of specific products or services. Even better, you can generally find whatever services and technical assistance you need online and free of charge. Later on, when your site develops a reliable cash flow, you can begin working with paid providers who can take your blog to the next level.
This might be the most commonly advertised way to make money online. The concept is simple, but do your research and tread lightly. This is also a business that had more than a few scam operations! I even hesitate to include this category, but the subject of how to make money online wouldn’t be complete without including it.
Some will pay you cash to take surveys, but awarding points seems to be the more common method of compensation. You accumulate points by doing surveys, and the points can be redeemed for merchandise.
Fiverr is another variation of micro-tasks. You can earn $5 for each task that you complete. And of course, the secret is to complete as many tasks as possible.
Those tasks can include either products or services. They can involve research, data entry, or any one of a number of small tasks that someone needs to outsource for a specific project. You may even be asked to perform unusual tasks! You can decide which tasks you want to take on, and which you want to ignore.
You can also sell certain products on Fiverr. Of course, this will include small items that will cost no more than $5, including shipping. You may even be able to use the $5 limit as an intro price on certain skills, such as graphic design or accounting, but charge higher fees for more complicated projects.
As you go long, you’ll also want to garner positive reviews. The more positive reviews you have, the more tasks that will become available, and the more income you will earn.
Create a Course
Anyone can create a course, and sell it online.
It’s an excellent opportunity to offer technical training courses that teach people how to learn a much-needed skill, or accomplish an important task. It could also prove to be an important testing ground for your educational courses. If you are able to market your course on the site, against direct competition, you may be able to direct marketing to the general public, using a website, videos, or even an affiliate marketing program.
Much like creating an ebook or a video, educational courses can also be an excellent source of passive income. And that can be an important part of your ability to make money online on a consistent basis.
Create an Ebook
Is there a topic that you’re really strong in? You could write an ebook and start earning some extra money. This is also a passive venture. Once the ebook is written, you can begin getting sales through a thoroughly automated process.
People come to your ad page, make a payment, and are then directed to a download page where they can get their copy of your ebook. You won’t have to lift a finger. Get a few ebooks written and marketed, and well, you get the idea. “How to” ebooks are some of the best ones to provide, especially if you’re an expert in a given field.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
You can also market your ebook on your own website or blog, particularly if the site gets good traffic. Still, another method is affiliate marketing. You can offer to pay sites related to your ebook a percentage of the sale price – say, anywhere between 20% and 50% – for them to post an ad or linked article for your book on their site. This could enable you to market your ebook on multiple platforms for greater market exposure.
Rent Out Your Car
Not everyone will be enthusiastic about this idea, due to the fact that it does have certain risks (like damage or loss of your vehicle). But if you don’t use your car a whole lot, and would like to use it to earn some extra income – without doing any extra work – web platforms are available to make this happen.
Sites like HyreCar and Turo enable you to rent out your car hourly, daily, for a weekend, or even for a specific trip. Some advertise that you can make up to $10,000 per year renting out your car while you’re not using it.