Simple Ways to Make Money Online

You can work overtime or take on a second job to boost your monthly bottom line.  However, the conventional “time for money” formula only goes so far, especially if it means losing precious evenings and weekends with your family.

The Internet is more than a source of news and entertainment gossip. Today, tens of billions of dollars are being exchanged via a multitude of legitimate activities. More and more people are starting their own businesses on the internet and making extra money online. Some are even turning their online ventures into full-time internet businesses.

Here, we look at five (5) ways to make money online that won't require a lot of time or cut into your regular routine. Think of these options as supplemental sources of income with the potential in some cases to be a whole lot more.


Starting Your Own Blog or E-commerce Website


The first way is one of the most popular ways; starting a blog/e-commerce website.

Consider having a permanent presence on online by putting up your own website. Use it to share hobbies, thoughts, and passions with others and use your page to make real connections with people. The mechanics are straightforward, and you'll be in a position to profit from online advertising (e.g. Google Adwords), affiliate marketing (see next slide), and subscriber-based lists to produce a steady stream of income. There are many ways to make money with a blog.

This is one of the fastest ways to get your own piece of "virtual real estate".

Affiliate Marketing


Even if you don't have your own products or services to sell, affiliate marketing gives you a chance to earn strong commissions through a series of one-time sales. Online merchants provide you with an affiliate website (or a simple affiliate tracking link) and marketing support – all you have to do is promote the company with your link via social media, search engines or perhaps ideally your own website (see above).

The great thing about affiliate marketing is you don't have to create your own products, you don't have to provide any customer support, and you don't have to create your own marketing materials.

All you have to do is pick a profitable market, promote the products as an affiliate and earn a commission anytime a sale is made. Affiliate marketing is one of the fastest and easiest ways to make money online.

Online Publishing (E-books)


Regardless of your current occupation and lifestyle, there is probably a book inside of you that's screaming to get out. Amazon's Kindle Direct Publishing (KDP) platform has given thousands of people a chance to become published authors and earn money. It may also serve as a way to get noticed by more established and traditional publishers.

Not only can you sell ebooks on platforms like Amazon.com; but you can also sell ebooks directly from your own website as well. This allows you to sell your ebooks for higher prices and get all of the profits.

You can also repackage multiple ebooks into larger "packages" or use the ebooks as a foundation to sell higher-ticket online courses or even coaching and consulting services.

Publishing ebooks is a great way to make passive income, grow into bigger projects, and establish your authority as an expert in your market.

Online Surveys


Online surveys are one of the easiest ways to earn extra cash. Brand name corporations and market research firms are desperately seeking people's opinions on products and services and will offer good remuneration for it. Depending on their complexity, each survey can be worth five, ten or more dollars.

There are many reputable survey companies to choose from, but you may want to limit yourself to 3-5 in the beginning.

You also want to avoid illegitimate companies; as this field is widespread with scam opportunities that will take a lot of your time and pay you very little money.

Online Freelancing


If you have specific writing/journalism skills or are adept in various IT/software domains, freelancing may prove to be a lucrative source of secondary income. Increasingly, companies are implementing a content marketing strategy and turning to outside sources for specific assignments, and if you can prove your worth there will be more work available. Even simple skills like data entry may be to your liking, provide you can offer at least 5-10 hours weekly.

All you need is a computer with an Internet connection and the desire to build a respectable clientele. Chances are that these opportunities will allow you to gain valuable experience and skills that will prove valuable in your existing business and professional career.

If you're already writing ebooks in a particular niche market (see above) then why not make your services available for other companies; as you already have the expertise to take on the niche writing assignments.

Email marketing.


The money is most certainly in the list. If you're at all interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.

There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.

Use existing websites.


You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.

Of course, a large portion of these sites do have their own respective apps. But these are certainly less involved in the gig economy, and more so in the longer term projects that exist in the fields of photography, online marketing, graphic design and web development, for example.

Craigslist: This site has been the go-to resource for over a decade now for people that are looking to make a bit of extra money online. You can easily sell your used stuff, rent out a spare room in your home or apartment, and offer up your services to the world.

Upwork: This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, website of your own or anything else for that matter. All you need to do is be able to provide a high-quality service at a reasonable price. But be informed, you will have to compete with many others that are constantly bidding on open jobs.

Cafe Press: This website allows you to create digital designs that can then be sold on the platform. You'll earn a commission for everything that sells and you'll never have to deal with printing, warehousing, customer service and so on. The site has over 2 million independent designers that have created products being sold online here. If you have some graphic design skills, then this is a great potential source for your web-based income.

Fiverr: Israeli-based Fivver was started in 2010 by Shal Wininger and Micha Kaufam. It's a great resource for selling just about any service online. You can offer gigs as low as $5 but also get paid much more for upgrades and add-ons. There are plenty of providers earning 6 figures on Fiverr so it's definitely a worthwhile cause for generating a healthy income. Just ensure that you provide some serious value.

Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.

Flippa: If you have a penchant for buying and selling, you could use Flippa, and its higher-end counterpart, Deal Flow Brokerage to buy and sell websites for a profit. You'll need to know what you're doing here, but you could easily make a sizable income by flipping income-generating websites for profit.

Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products on here such as poster designs.

Shutterstock and iStockPhoto: Have a keen eye for photography? Why not sell photos on some of the leading photography sites. You'll need some design software skills to tag along. But if you do have skill in this arena, it's a great potential source for passive income.

Threadless: Similar to CafePress, Chicago-based Threadless also allows you to sell digital designs in the form of t-shirts and other merchandise such as phone cases, mugs, beach towels and so on.

Zazzle: Another great resource for selling online is to use Robert Beaver's Zazzle. The site is somewhat similar to Etsy and virtually anyone can make money online selling a variety of items here. From art to handmade items and customizable products, you can pretty much sell anything here.

Start Your Online Business Today!


Think about it, making money online is surprisingly easy once you set your mind to specific income goals. Ideally, the activities that you choose to engage in are fun, exploit your talents and interests, are worthy of your time, and offer fair compensation.

As the Internet continues to evolve, opportunities to earn supplementary and full-time online income will grow. The very definition of work in an information-based economy is evolving, with traditional full-time jobs disappearing in favor of different arrangements (e.g. self-employment, flexible schedules, changing skill sets, etc.). In this respect, giving it a try can open up new career and business options.

https://www.thebalance.com/simple-ways-make-money-online-2531879
https://www.entrepreneur.com/article/299728

Comments

Popular Posts