Whether you are a professional looking for a stable alternative source of income or a student willing to earn money while studying, the internet provides the best opportunity to do the same. With the technological advancement and internet boom, it hasn’t always been as pervasive as it is now and provides an ultimate chance to explore this avenue.
The idea of making money online is lucrative for multiple reasons. Not only does it provide the freedom to work without much pressure, but also allows you to work at your own pace. It also provides you with a great opportunity to make some serious money as well. However, it is not as easy as it sounds. Making money online requires a lot of persistence, hard work, and consistent efforts. Everybody has an idea that could help them make a lot of money, but to make that idea worthwhile, both financially and in terms of work satisfaction you must put your best efforts. Before beginning to explore the best avenues for making money online, it is essential to answer a few important questions including-
- How does the process of making money online work?
- How to identify the best opportunities that exist?
- How much money can you make while working online?
Answering these questions helps in taking strategic and logical decisions in the process of making money online. We will be exploring these answers in the subsequent parts of this tutorial along with the best methods and strategies of making money online.
Although it is a relatively new concept, the idea carries immense potential and thus is attracting more and more people into it. There are enough and more opportunities available for making money online. The need is to identify the legit and best options along with the ability to filter the scams or non-legit methods from the genuine ones.
How does the process of making money online works?
The best part of this idea is the minimum logistical and geographical constraints. Anyone willing to put in consistent efforts can explore multiple ‘work from home’ options for making money online. All you need is a computer and stable internet connectivity to have a consistent cash inflow coming in. Since the process lack any set or formal structure it might seem difficult and confusing at first demanding a lot of perseverance, patience, and ambition to make it work for you. All you need to remember is that if you are focused on your approach and use the right & legit methods you can make it work for you.
The online money-making works because the Internet has provided an excellent and legitimate platform for earning money to millions of hard-working people. Whether you choose to work as a freelancer, blogger, content writer, web developer, affiliate marketer, or start your own business and become an entrepreneur, the sky’s the limit when it comes to exploring the idea of making money online.
How to identify the best opportunities that exist?
There is no denying that there are unlimited opportunities available online for making some serious money. However, the competition in this sector is increasing with each passing day, which makes it essential to know and identify the most effective and efficient ways of making money online. The success of your online career depends on how well and strategic your choices are among several other things. Some of the essentials to make this process smoother and successful are-
- A dedicated amount of time needs to be devoted to online work.
- Consistency in the plan as it takes time to set the process fully before you start bearing the fruits.
- Choosing the right one from the sea of opportunities.
How much money can you make while working online?
If you are consistent in your efforts and can identify the legit methods, you can easily earn a decent amount of money as high as a five-figure per month.
After thorough research and detailed analysis,
Here we present the top 9 methods to make money online
- Affiliate Marketing of the big brands
- Blogging, Content writing, Web development, graphic designing etc as a Freelancer
- Online branding and video marketing
- Taking up the paid online surveys
- Selling art, craft, and home-made stuff online
- Email & PPC Marketing
- Online tutoring
- Setting up a website or a membership site
- Reviewing stuff for various websites and services
We are going to explore each of these methods at great length to understand the ways of making the most money out of it.
Affiliate Marketing of big brands
Affiliate marketing is one of the best ways of making money online. All it requires is a few basic skills of monitoring online traffic, excellent English writing skills and a great deal of patience in the beginning. Unlike the popular notion, the affiliate marketing concept does not need your product for marketing to make online money. There are several top brands for which you can become an expert affiliate marketer. This is a fairly quick method to make some serious money.
The main features of Affiliate Marketing Program:
- Does not require product development efforts
- Convenient to use with the help of affiliate marketing links
- Easy commission on every sale of the product and services
- Great way to enhance marketing and communication skills
- Low barrier to entry into this segment
- Best ways to make money online using Affiliate Marketing
- Build solid traffic to your link or Blog
- Make efforts to build loyalty and trust with your readers
- Always choose the most relevant products to promote your affiliate marketing link
- Be strategic in your approach and use reader reviews to your advantage
- Ensure to share Informational Links under your affiliate link
- One of the best ways is to share multiple affiliate links per post
- Consider Multiple promotions per campaign with the effective use of images
Various ways to take the benefit of Affiliate Marketing Program
Amazon Associates: Being the pioneer in the affiliate marketing program, Amazon gives you the strategic advantage of the big brand name. Although the commissions are less as compared to other programs, if done consistently, this is still the best of the affiliate marketing option.
Click bank: Click bank is one of the largest marketplaces for digital goods. A wide selection of goods and decent payment structures makes them the favourite affiliate marketing channel. The commissions are as high as 75% per sale and the availability of products in every possible niche is just the icing on the cake.
Web hosting service providers: The affiliate marketing program of the web hosting service providers such as blue host and HostGator is one of the best ways to make money online with great commission structures.
Apple affiliate program: Making money online just by promoting all of the apple products such as iTunes, apps, and movies, has never been so easy. This is one of the best digital affiliate programs for anyone looking to make serious money online.
Others: There are multiple other affiliate marketing channels available such as commission junction, eBay partner network, and much more.
Figure out your favourite niche and then choose a company you would like to become an affiliate marketer to get your journey started.
Blogging, Content writing, Web development, graphic designing
Freelancing is one of the top choices among the avenues for making money online. It is one option which can be started with absolutely zero investment on your part. Despite being the fiercely competitive segment, freelancing provides a great opportunity to make money working online. There are several other benefits of freelancing including better networking, honing specialized skills such as writing, designing, etc
Below are some tips that can help you get on the fast track to online freelancing success
Always look for jobs that you could do without previous experience: There are several freelancing jobs available on various online freelancing sites that don’t require the expertise of an established professional. This can work for your advantage to get started. Clients are just looking for someone reliable and willing to work hard on the projects.
Be consistent: The second thumb rule for a successful freelancing career is to stick with a single or a couple of websites at max and stick to them. Several people make the mistake of browsing multiple freelancing sites simultaneously without building a solid working history.
Impressing the clients: Take every effort to impress your client with high-quality work. It will build the foundation of your long and successful freelancing career. Few tips for doing the same-
- Always be on schedule with finishing the projects and timely submissions
- Be proactive in your approach and send regular updates to let them know that everything was going great and within timelines
- Always double-check the work to maintain quality and consistency.
Ways to make money online as a freelancer
Content Writing & Blogging- Includes writing web content, blog posts, print books, eBooks, various product features and brochures, press releases and much more.
Graphic Designing-Another great freelancing opportunity including the web and print designing, logo making, infographics, business card designing, and videography services.
Programming- A very lucrative and decently paying freelancing option including WordPress, mobile apps, WordPress plug-in, e-commerce etc
Copywriting & Translating- There is a huge demand for the translation and copywriting services in various languages and if you are skilled in an alternate language, there is a huge opportunity for making money in this segment.
Customer service– There are enough and more opportunities available for virtual assistants, data entry role, and web research, accounting, and transcription services
Internet Marketing- With the boom of social media marketing, there is a lot of demand for the freelancers of SEO, PPC, email marketing, powerpoint presentations, and guest posting.
Websites you can explore for the best freelancing opportunities:
- 99 designs
- Freelance Switch
Online branding and Video Marketing
Have ever wondered, how to use online branding and video marketing to Make Money Online? Read on to understand the basics of this concept. Online branding and video marketing is a rising marketing concept and is attractive to many businesses for numerous reasons.
One of the main reasons being the fact that making videos and posting them online does not cost much along with the benefit of staying online forever. Also, the social media sites, videos and online branding go hand-in-hand and most of these sites encourage you to post videos and sharing for enhanced opportunities. If the right strategies are used, there are several ways to create and post your videos online for online branding and viral video sharing.
Below are some of the tips and strategies for online branding and video marketing to make money online-
Maintain the quality
It is no brainer that this is the most important aspect of online branding and video marketing. Make sure to maintain the quality of the content to be on the top of your game. Here are some tips that you could use,
- Think and strategize about your ideal viewer
- Include the relevant content which the viewers will find valuable
- Include the elements that are beneficial to the viewers
Remember that the extremely successful videos are not only because they offer great value to your viewer, but also due to the knowledge, and skillset you showcase in your branding techniques and online videos.
Titles play an important role
Online branding and video marketing can be extremely successful if you make your title and headline are interesting. As these video titles can be great online traffic pullers. Also, titles are important because
They help in grabbing the viewer’s attention at once.
Appropriate keywords in your titles help SEO (search engine optimization) in enhancing your chances in the popular search engines.
Don’t forget to include URL in your videos
Editing plays an important role in online branding and video marketing. When you edit your video, it is essential to take advantage of the different editing features such as adding a text box to your video so that you can display your website address to get exposure.
Take advantage of YouTube
With YouTube emerging as a game-changer when it comes to watch and share videos. There is a huge business opportunity for internet marketers which should be tapped appropriately.
Various ways to leverage the online branding and video marketing channel
YouTube: It is one of the most popular mediums for sharing and watching videos with huge business potential across various niches.
Vimeo: A channel where videos can be uploaded for external views.
Metacafe: A video-sharing medium to leverage for making great money online
Flixya: Another upcoming channel for uploading and sharing videos to tap the huge potential of video marketing.
Instructables: A very popular tutorial site for supporting how-to videos and a great medium for online branding and video marketing.
Taking up paid online surveys
If you want to fill up your free time making some money then answering paid surveys online is a great and rewarding way to do the same. These surveys are normally short and easy & allow you to earn money every time you complete one. There is no dearth for these paid surveys such as My Survey, Global Test Market, Ipsos, Swagbucks etc are available. All of these networks are completely legit and safe. And the best part is that you can sign up to as many as you like to explore this avenue of making money online.
Several companies are offering several methods for making money by filling out surveys for their products and services. The process is really simple where you need to sign up for the companies, take up their preliminary screening test by answering certain questions and getting amazing paid survey opportunities.
Paid surveys are one of the easiest ways of making money online. Although the money is not as high as freelancing or other methods; but is enough to create a decent source of supplementary income.
Important points to remember while taking paid online surveys
Set realistic expectations: Before you start taking up this opportunity, set realistic expectations for yourself on how much money do you expect to make and remember that doing online surveys will not replace a full-time income. This is just a supplementary source of income.
How much time do you want to devote: For clear goals, it is always best to have an idea of how much time you can put into this task to steer forward in the right direction?
Have a clear idea about the money you will make: Various programs work in different ways under the paid survey stream. Some will credit you the accumulated points that can be exchanged for money or a gift card whereas the others credit you the money amount to your account right away.
What survey interests you: This is an important one to answer before you begin with this. Remember there will be different tasks to complete, choose the one that best suits your interest. The option to choose from are-
- Watch the video and answering questions
- Purchasing of a product
- Daily polls
- Visit and explore websites
- Make in-game purchases
Ways to use paid online surveys for making money
My survey: One of the best platforms for exploring the world of paid online surveys.
Global test Market: This one is the reliable and trusted player in the segment for making money online.
My Views: A great and respected platform for paid online surveys.
Selling art & craft
When it comes to selling art, crafts, and other home-made stuff online, there is no dearth of alternatives to choose from. Especially because a large segment of people is looking for unique, hand-made craft pieces instead of the regular, boring stuff available in the market. These sites are willing to reward the creative side of you appropriately.
If you are a craft-oriented person looking to earn some cash from selling your handmade crafts online, there is a lot of opportunities available online without you having to go through the hassle of setting up and running a full-blown online store for making your craft available to others. Invest your energy in making a great craft and get rewarded for the same.
Important things to consider while selling craft online
Beginning the journey of selling your art and craft is a fascinating, thrilling and life-changing experience. If you’ve decided to be successful at this, be smart and strategic about what you do and how you do it and it presents a great opportunity to make a steady income online. Some of the tips to be successful in this venture are
- Create unique products that people want to buy
- Be consistent with your efforts by working on it every day
- Work professionally yet in a friendly manner
- Market your products by taking beautiful pictures and videos
- Be innovative and make reproducible items
- Get a proper mailing list
- Remember to price your products for profit
- Get your dedicated blog or website for your products
- Never stop learning and having fun
Various ways to sell your craft to make money online
Etsy: It allows you to create your online store and reach out to millions of buyers easily to sell your craft ideas. This is, by far, the most popular marketplace for selling the handmade stuff to the masses.
eBay: eBay needs no introduction as such. This makes a great marketplace to showcase your talent and get the chance of earning money online.
Art Fire: A new entrant in the segment and provide a great opportunity to earn money by selling your art and craft.
Others: There are several others in the list as well including
- Café press
- Spreadshirt etc
Email and PPC Marketing
Email and PPC Marketing is another great way to make money online. This concept holds many businesses together, allowing people to capture the email addresses of the readers and staying in touch with them through email broadcasts at regular intervals and earn money at the same time.
The important thing to note here is that the building strong relationship with the people on the list is as important as the size of the list to get the maximum out of this avenue.
One of the best ways to operate is to get comfortable with a small list first and create a niche for you before you move to the bigger list and start seeing any sizable benefits from it.
Ways to make money from Email and PPC Marketing
Affiliate Marketing Offers:
This is one of the main ways to make money online by email marketing. However, never do the mistake of sending the affiliate offers as it is. The best way to introduce the relevant affiliate products to the potential customers is by doing the reviews on your blog or mention how you use the products for your own business in a blog post and then send a link to the post to your list.
Make money by sending your subscribers to other sites:
There are several companies out there who will pay you to send your subscribers their offers. For instance, there is a chance to make money whenever people end up opting in to download a free report on their site from the list you shared.
Start selling your product:
Another smart way to earn money online through email marketing is to start selling your product to your subscribers. You can do this by sending them valuable free content like reports, videos, etc and subsequently introducing them to your product or training program.
Sell Sponsor ads:
This is yet another way to make money and leverage the email marketing by adding a paragraph to one of your emails that advertise a particular sponsor offer with a link to their website.
The building you own email list and marketing the same is an excellent way to make money along with creating a huge reader base.
This is, without a doubt, one of the best ways to make money online if you have the desire, knowledge & expertise to teach others. This avenue offers great potential to make good money as an online tutor.
Irrespective of the subject area you prefer including Math, Art, Science, Foreign Languages or anything else, there are multiple options for online tutoring to let you earn good money.
Another advantage of the tutoring business is the perfect opportunity it allows to work from home without much hassle. There are liberty and freedom to set own working hours and help the students with their learning along with the chance to sharpen your skills.
Important points to consider being successful as an online tutor
- Identify your skillset and decide what you want to teach
- Choose your subjects carefully
- Thoroughly work out your pricing policy and be consistent with it
- Promote your business actively
- Ways to earn money from the tutoring business
Below are some of the websites and ways to help you get decent online tutoring jobs to increase your income-
TutorVista.com: This is a renowned and well-known medium to share your knowledge and earn great money. Here, you will need to submit your resume and cover letter on the teaching jobs section to get yourself enrolled for the teaching jobs. The process is quicker and if you are successfully selected, you can start earning as soon as the hiring process is completed.
Tutor.com: This is another fantastic way to earn money through online tutoring. There is no fee to apply on this website but the screening process might take some time. Try to showcase your skills in a more detailed way as there are higher chances to get selected if you can take on many subjects.
Craigslist.org: You need to create your ad and post on this website under the lessons & tutoring category to start getting the tutoring offers. It is easy to create an ad with a title and description of the services you offer as a tutor to get yourself started as a tutor and start earning money.
Elance.com: All you need to do is create a profile on this website and specify your skills to be able to search for potential jobs, which include tutoring. Once you find the jobs matching your skills, you can start sending proposals and earn money
Setting up a website
There is no denying that starting a website or membership site is hard work, but if done under the right guidance with a systematic approach, not only it becomes much easier but also provide a great opportunity to make a decent amount of money online. However, it is essential to realize and answer the below questions before you set out to create your website or membership-
- What are the essential factors that make membership sites profitable?
- Steps to create membership sites or a website
- What are the effective ways to drive traffic to your new membership site?
- What does it take to attract members and keep them engaged and happy
- Any essential and successful business models
Benefits of websites and membership sites
Since it is essentially a way to make online money, the financial benefits of membership sites are massive. The process works like selling a product and subsequently getting paid again and again at regular intervals. Also, with setting up your website and membership site you do not have to worry much about driving more traffic to your site.
No hassle of physical products:
This is one of the biggest benefits of the membership sites. Every membership site provides information as to their service which is free and does not cost anything to provide it. Also, there is no hassle of stocking the product and logistical worries.
Builds a loyal customer base:
Membership sites provide the benefit of becoming the member for providing services and new information on an ongoing basis. This is a great way to build loyalty and win the trust of the customers in the long run.
Ways to make money online by learning how to keep your members in your membership site
Understand Your Members:
Although there are a lot of different variables at play in the working of the membership sites, the first and foremost is the thorough understanding of the members.
Appropriately react to the market: Based on the need, positively react to the market. Take strategic decisions such as when would it be smart to change the membership site to have an end date, the decision of continuing to produce new content and so on.
Keep making smart changes:
Although there are no hard rules regarding how to run a membership site, it is essential to understand the practicality of your situation and keep making adjustments based on how your members react to be on the top of this.
Reviewing various websites and services
This is another great avenue for making money online if you have a flair with words and you don’t want your talent go to waste. There is a great chance to turn it into an amazing opportunity to earn a stable income by writing reviews for various products, services, and websites and getting paid for it.
Also, there are many niches to explore as per your interest areas. There are several websites where you can make money writing reviews on various kinds of products starting from books, music, movies, food, electronics, software, clothes and everything else you can think of.
Ways to make money online by reviewing for various websites
User Testing: User testing is among the few websites where you can get paid to review websites. The process works in a way where the website owners lookout for a panel of reviewers to test and review their website on various parameters such as ease of usability, loading time, effectiveness etc. There is a great chance to earn money as a reviewer/tester where you’ll have to visit the website analyzing, performing searches, navigating through the site etc among the other specified functions.
This is a platform where you can earn cashback for your reviews and testing and works a little differently than a straight paid review site. As a reviewer or a tester, you will be rewarded with cash for shopping online through their site, then coming back and answering a few surveys about the product you bought and how you like them.
Another great platform to earn some money by being a reviewer. Review my website is best for the bloggers and reviewers who love to write reviews on various topics and different areas. All you need to do is to register your blog with the website and the advertisers select the blogs whom they want to review their products, websites, services, etc. Once you submit the blog advertisers will be able to see your blog’s presence and you will get paid appropriately.
This platform works like a social network website where the reviewers can write reviews for the items listed in several categories. It is a great way to earn money online as the website shares half of its generated revenue from the advertisements with the reviewers. Another distinguishing feature of this website is the voting feature where when you cast your vote on a review submitted by other members, you are entitled to get a share of their revenue as well.
It is another popular website for paid reviews. You can get paid for writing reviews on various niches including software, restaurants, electronics, hotels, books, and clothes among various other categories.
The important point to remember while you choose to become a reviewer is that it is crucial to be extremely honest and fair in your reviews that you are being paid to write from these websites. You are being trusted by the people who will be reading your reviews and builds certain credibility in the minds of people and also in their decision making when buying a product or service from a particular website.
It is recommended to always write the reviews based on your very own experience with the product and service as that is what the websites and advertisers are looking for, which is the honest and first-user fair review on their products and services.
There is no doubt about the fact that there are indeed a lot of ways to make money online using legitimate and reasonable methods. However, the need of the hour is to put the focus on identifying the best ways and correct strategies to become a successful Internet marketer.
Considering the huge competition in this segment, it is quite natural to be overloaded with information and to avoid that; it’s always better to list and identify the most suitable ways as per your interest areas and skill-sets.
All you need is proper research, good mentoring, and correct guidance to be successful in your quest of making money online. Consider all the available options carefully, shortlist the ones which interest you the most, and take appropriate action to implement what you have learned, become your boss, and start earning loads of money online.