10 WAYS TO MAKE MONEY ONLINE
10 WAYS TO MAKE MONEY ONLINE
Today, I am going to show you 10 different ways of making money online. They are in no particular order of importance so you can go for the one you are well suited for.
#1 FIVERR
On this site you get paid by offering various digital services. It is a great site for freelancers. You first need to sign up . A service offered on this site is called a Gig. Those who are in need of your services are called buyers. In other words, your employer. As a freelancer offering your services you are referred to as a seller. As a buyer or employer, you browse through categories of services being offered. Examples are, article writing, online research, virtual assistants, transcription etc. when you find the service you are looking for, you place an order to purchase that service. This will attract a processing fee from Fiverr. As a buyer, if you successfully complete a Gig, a percentage of what you earned will be paid to Fiverr. A great way to start your freelancing online.
#2 WRITE AN E-BOOK
If you are good at writing, consider writing an e-book. People still read a lot and e-books are the way to go. The good thing here is you invest your time in writing this e-book and you start making money off it if it becomes successful. A great way to start is by researching the sort of information people are thirsty for and focus on that. There is not much investment needed for this. When you are done writing your book, you will now have to market it. This is where you need to invest a bit. You can do it yourself by building a blog for it, I am assuming you will not stop at writing a single book. Amazon’s Kindle program is also another way to market your e-book.
#3 BUILD A WEBSITE OR BLOG
People blog for different reasons. Some do not care about monetizing their blog. They just crave a global audience to share their hobbies with. Majority of bloggers, however, start blogging as a business to supplement their income. If these blogs become successful, they turn it into a full-time online business. Yes, indeed you can make a lot of money blogging but it’s got to be done right. Most blogs fail because people fail to research the market and lose interest when things don’t go as they expected. There are a lot of experts on how to be a successful blogger. There are people who didn’t know much about blogging when they started blogging. They started off learning and researching their way through, and they ended up making a success of it. My advice? Don’t be afraid to start, you can learn as you go and through patience and perseverance, you would be amazed how the step you take today will transform into a something amazing some months later.
#4 ADVERTISE YOUR SERVICES ONLINE
Social media offers great opportunities but most people do not see this. I belong to so many WhatsApp groups and this is a source of free advertising. There are also a lot of Facebook groups that you can join. In this day and age, everybody belongs to two or more. if you don’t, and you want to make money, then start joining these groups because you have numerous prospective clients within these groups. How do you benefit from your association with these groups? Advertise your services there, and it’s virtually free. you may be good at a number of things. Everybody is good at something. That is just how it is. but how do you make known these talents if you are not marketing them? You are the only one who knows what you are good at, nobody else does. This is why you need to market your skill. For those who can teach, there are parents within these groups who can do with your part-time services. This is only one idea to get to you started. If you need more ideas, you can email me.
# 5 AFFILIATE MARKETING
Chances are you have already heard about affiliate marketing, but if you haven’t then I will tell you. It is helping to sell products which are not yours and getting paid a commission for it. The way to go about this is building a website or blog to market these products or using advertising sites to market them. I will advise you to get your own blog to do this since it’s more effective this way. You can sell anything on your blog but you need to focus on products that have a wide appeal. Your main aim is to make money but if you start promoting shoddy goods, it will end affecting your website in the long run. You can purchase some of these products yourself so that you are very confident in marketing them. There are a lot of affiliates you can join. I will just mention a few. Amazon affiliates is quite easy to join even if you are a new blogger, others will access your traffic before. You can consider, ShareASale, ClickBank and CJ affiliates because they are already well known.
# 6 MAKE MONEY WITH YOUTUBE
Making money with YouTube is also viable. YouTube audience is huge but to start making money you need people to view your videos. You can easily start an education channel where you teach people how to do stuff. You can make money through ads that are played on your videos. The main challenge here is getting people to subscribe to or watch your channel. You can do this by offering tutorials on valuable educational courses or creating videos where you show people who don’t know much about computer how it works.
#7 DEVELOP A SOFTWARE
You can become a software developer. This is obviously for people who have the technical know-how. There is also the option of hiring people to build the software for you if you had come up with a brilliant idea. We all need to start from somewhere so if you are straight out of school, but you have this great idea that can help solve people’s need online, then give it a go. People are always looking for a software that can make a task easier. You may need to hire people to help you with it if you run into problems.
#8 UBER DRIVER
Depending on your location, being an Uber driver can be financially rewarding. Operating your own cab business means finding your own customers. Uber gets you customers and you only need to be available to make use of their opportunities. Personally, I know people who are making money this way. You need to have a suitable car to become an Uber driver. Requirements differ from country to country but one thing is certain, you must be legally qualified to drive which also means you must have a valid driver’s license.
#9 BUY AND SELL DOMAIN NAMES
Don’t be surprised, this is an online business which is not well known but it is very profitable. It is however not an easy one but you can make a very good profit if you do it right. A domain name that you buy for $10 can be worth $1500-$2000 if a company is interested in that domain name. The business of buying and selling domain names is legal but frowned upon as unethical by most.
People in this type of business normally purchase domain names which have value because they are easy to remember or can help with that site getting traffic. They just register it and start searching for businesses that will find the domain name beneficial for their product. You stand to make a tidy profit if your offer is accepted. Domain names can also be auctioned on sites. The disadvantage here is that it is not a steady source of income but when you do sell a domain name, the profit margin is always great.
# 10 MARKET YOUR OWN PRODUCT ONLINE
You can also start your own business online. You can sell your old stuff or new products that you have created yourself. With this type of online business, you are likely to put in a lot of effort because you will see first hand the results of your hard work. Your products being online means you get to reach more people than you will if you have a shop situated somewhere. The number of people who own mobile phones alone is a great incentive to start an online business. Most businesses also have an online presence because they know the importance of having online customers.