Top 7 Ways to Make Money Online

 

If you're looking for ways to make money online then you've come to the right place. In this article, you'll discover the top 7 ways anybody can generate income online.

One of the great things about the internet is that you can go into business for yourself from the comfort of your home. All you need is an internet connection, and you can make money online. Diving into the online world will free you from the daily 9 to 5 grind of a desk job and afford you more time to travel, indulge in hobbies, and spend time with the family.

Another plus is that there are so many different ways to make money online. To start, all you have to do is identify the profitable niche market appropriate for you. After that, there's no need to hire staff, rent space, or purchase expensive furniture (unless you want to).

1. Affiliate Marketing

Affiliate marketing is a process where publishers earn a commission by promoting a product or service made by another retailer or advertiser using an affiliate link. The affiliate partner has rewarded a payout for providing a specific result to the retailer or advertiser

2. Selling on Amazon, eBay, Etsy, and Craigslist

One of the quickest ways to get started selling online is to leverage the power of third-party sites. E-commerce giants like Amazon, eBay, Etsy, and Craigslist are powerful sales and marketing platforms with a built-in prospect base. Millions of people regularly shop on these sites, and the numbers keep growing. 

These mega-sites make it easy to set up shop so customers can browse your products, and there's no need to build your own website. Also, you’ll find a built-in search feature so that interested buyers can easily find your online storefront. Plus, you get to use the site's shopping cart. In short, you avoid a lot of the expense and hassle of setting up an independent e-commerce website.

3. Blogging

Just like any profession (Doctor, Lawyer, financial advising), there are different levels of bloggers who are earning anywhere from $1000-$2 million a year. People can make close to a million dollars a year with the help of blogging.

4. Niche E-commerce

An eCommerce niche is a distinct segment within any given market and often an area that is overlooked by other businesses. Examples of niches include handmade items, pet food or pet owners, trendy t-shirts, eco-friendly products, beauty products, gadgets, or other trending products.

5. Your Own YouTube Channel

YouTube, the Google-owned video network, boasts over a billion users — almost one-third of all people on the Internet — and every day people watch hundreds of millions of hours on YouTube and generate billions of views. On mobile alone, YouTube reaches more 18-34 and 18-49 year-olds than any cable network in the U.S.

What’s amazing, though, is that only 9% of small businesses in the U.S. are actively using YouTube, and my hunch is that figure would be pretty accurate worldwide, too.

So why aren’t businesses investing in YouTube as part of our social media strategy?

6. Selling E-books

Everyone knows that a free ebook is one of the best lead magnet strategies for businesses of any size. But did you know there’s a whole other ebook world where you can actually make money?

Well, ebooks are a great addition to any passive income strategy. Why? Because once you create an ebook, market it and share it, it can technically sell itself.
Now, it takes a decent amount of effort to write valuable content. Not to mention, building a strong brand that will carry your ebook to success is not an overnight task.

7. Develop Apps

Whether it’s an iPhone or Android, it's got apps and everyone's got one in their pocket.

Don't panic if you're not a programmer. You’re the idea person. You can hire people to create it. With the availability of programmers available at reasonable rates, you could probably find someone on a site like Upwork. Of course, the exact amount you’ll pay your developers depends on the complexity of the app.

You should create your app so that it works on both kinds of smartphones, Androids, and iPhones. That way you maximize your customer base.

Visit my blog for more ideas.