Methods of Making Money Online
With all the offers online that promise you the good life of internet riches, how does one know which ones give you the best chances at living the laptop lifestyle. To absolutely make money online these following methods give you the best chances of success.
Most people could find a way to make money through a website or some other online business opportunity, they could quit their job to focus on entrepreneurship, spend more time with their friends and family, and finally take back control of their time, their lives and financial stability.
There is hope however…
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 determination to stick with it. When first starting out things are incredibly slow. This is normal. People need to see your brand, your product, your service many many times before most people will click on your ad. That's just how it goes.
#1: Google Adsense
If you've visited any website, you've seen Google ads. These ads are everywhere, and for good reason. They are easily set up on any basic website, and steady streams of traffic are coming to your site they can be quite lucrative.
One of the cool things about Google AdSense is that it's so easy to get set up. If you blog or website, you can sign up for a free Google AdSense Account. From there, Google gives you a unique code that you paste onto your website. From that point Google tracks your page views, traffic, and earnings for you. There is no upkeep or maintenance to get this thing rolling, which makes it even easier if you have an existing website already.
#2: Affiliate Marketing
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.
You can also sign up to an affiliate ad network that offers a pile of different affiliates in one place. That way, you can gradually see what works and what doesn’t
#3: Business Consulting
Another way to make money online is via consulting. If you’re an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think you’re not important enough to consult for big companies, but you could be surprised at the types of expertise people will pay for.
If you want to start consulting but aren’t sure what steps to take next, you can also set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session you’ll get paid for.
#4: Launch an Online Course
If you have any skill you can teach others, set up an online course you can market online. You can find online courses that teach anything from sewing to marketing or even freelance writing. Or better yet, put your skills up on Fiverr.Com and people needing your services will find you and pay you for them.
Most people set up their online course through a platform like Teachable.com or Udemy.com. However with Teachable, you can upload your course contents and use the platform to manage customers and accept payments.
Another way to make money online is by hosting an online podcast. I myself have not ventured in this space yet but it is enticing. If you have a voice and want to be heard, set up a podcast and tell the world!
The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isn’t the easiest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth looking into.
#6: Book Sales
While the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there.
I have software that even helps you develop your book and puts it all together for you. Gets it ready, puts a nice digital front for your book and sends out a broadcast to release it.
If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.
#7: Lead Sales
Another way to make money online is by collecting leads. The main steps you need to complete to make lead sales work include setting up a website, getting traffic to that website, and making sure you’re collecting leads that someone will actually pay for.
Remember, you can sell leads in many different industries and niches. Every industry and business needs leads so get out there and see who is looking for who and how you can bridge the connection between the two. Really, you just need to figure out a niche, build a website get traffic, and see how much you can get for the leads you collect.
#8: Freelance Writing
If you have writing skills and creative talent, it’s also possible to get paid to create online content. I don’t do this as much, but I am very aware of how viable this income stream is.
While there are a ton of writing job boards to help you get started, she says it’s fairly easy to find starter writing jobs on websites like Upwork.com.
#9: Sponsored Posts
If you have a website or a large social media following, you can also make money by pursuing sponsored posts and ads. But, how does this work? Basically, companies are willing to pay bloggers and social media influencers to promote their products and services. If you have a platform, be it a blog or a huge Instagram following, you can cash in.
Actually I was approached by a company 2 weeks ago and yesterday got paid for my first sponsored ads now on the front page of a different blog of mine. If I can do it, YOU can most certainly do it.
I have heard and know that some bloggers get $20,000+ or more for a sponsored post. That’s insane, but it just goes to show what's possible.
Plus, you don’t need a website to do sponsored content since you can also get paid if you have a ton of followers in the social media accounts.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. With webinars, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your main product or service usually offered at a discount for those who attended and stay until the end.
No matter what you’re selling, it’s not that hard to set up a webinar and attract people to sign up with a lead magnet or Facebook ads. If you look around I'm sure you could find a webinar that teaches people how to start and run a webinar. Lol.
YouTube is another platform that has made it possible for people to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.
With 1,300,000,000 users and over 300 hours of video uploaded to YouTube every minute,it is quickly becoming the platform of choice for marketers and pretty much anyone with video to get their message out.
The most popular YouTuber is a gamer named DanTDM. He earned $16.5 million just last year. Imagine that. Playing video games makes this guy that much. What a world we live in.
Will you earn as much as him? Probably not. But, you can start making money with YouTube using the platform’s own ad network or by getting sponsored posts. If you like doing videos, starting a YouTube channel can be a fun way to earn some cash on the side.
The Last Word of Advice
These are but a handful of the ways someone could earn money online. They represent a tiny sliver of methods out there. Each one with it's own variables and unknown income forecasts but they are many.
Basically it's like this. It will take determination, consistency, drive, and an investment of both time and money. If you are one of those people who scour the web looking for the free & easy way, good luck to you because those types of quick money making ventures don't exist.
But if you have the time, the passion for nearly anything, and a tad of creative skills, you may be able to build an online income stream — or several — if you give it enough time and effort.
But, don’t just take my word for it. If you look online, you’ll find thousands of success stories you can use for inspiration.
One day you could even write a success story of your own. But you’ll never know unless you try.