Whether you’re looking to make some fast cash, or you’re after long-term, more sustainable income-producing results, there are certainly ways you can make money online these days. The truth is that making money online isn’t as difficult as most make it out to seem. It does require some discipline.
However, if you’re looking for realistic methods for you to start earning money online now, then it really truly does boil down to seven paths you can get towards profit. Some will provide you with immediate results, helping you to deal with your basic monthly necessities such as rent, utilities, and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
No matter what method you select for generating your online income, there’s one very important thing to understand. Money can be earned and spent, stored and pilfered, invested and wasted. Not time. That’s why time is far more valuable than money. You can’t recreate the time. Once it’s spent, it’s eliminated forever.
When you lack the luxury of time, making money on or offline can seem like an impossible task. How are you supposed to do that when you’re operating at a life-sucking nine-to-five job? While the stability of full-time employment might allow the majority to sleep well at night, it doesn’t empower your creative juices to search for new income-producing strategies.
Regardless of what method you end up using to generate earnings on the web, you need to adjust your mindset to help empower rather than discourage you. The simple truth is, making cash online can be fraught with avoidable pitfalls. Cancel the noise by keeping a few fundamental guiding principles in mind.
If you’re at all serious about generating a full-period income and possibly more from your online activities, then you need to focus on passive income as opposed to active income. Sure, the active income will help you survive. That’s the scarcity mentality at perform. But it’s the passive income ideas that will help you thrive.
Considering that you have a finite amount of time, passive revenue should make up a large part of your work. If you are serious about generating any semblance of income online, then passive earnings should be one of your sole objectives and ambitions. Why? Wouldn’t you prefer to do the work one time and get paid repeatedly instead of relying on your time to create that income? Invest the time at the front-finish so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you’ll get paid somewhere down the road. And you’ll continue getting paid whether you keep building that passive revenue stream or you end.
Anyone interested in generating income online should be pursuing passive income, while also working on active income. There are loads of ways to generate an income passively on the internet, many of which start at the foundation of having a blog, producing substantial traffic and building an audience and a list. It’s not easy, but it’s worth it.
That doesn’t mean you need to start a blog to earn money online today. You could opt for a non-blog-starting route, but if you’re searching for longevity in your income-producing capabilities on the internet, then a weblog should be your primary aim.
1. Use existing websites to make money online
You could also opt to use existing websites for making money. These include both active revenue 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 and effort to passive income to ensure that you can slowly build up earnings that may arrive on autopilot without any extra added effort.
Of course, a large portion of these sites does 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 advancement, for example.
Upwork : This website offers a great marketplace for selling just about any professional service. You do not require a merchant account, a website of your own or anything else for that matter. All you need to do is be able to provide a high-quality program at a reasonable price. But be informed, you will have to compete with many others that are constantly bidding on open jobs.
Fiverr: Fivver was started in 2010 by Shal Wininger and Micha Kaufam. You can offer gigs as low as $5 but also get paid much more for upgrades and add-ons.
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 create a substantial amount of money. But it is really a resource you may use in your spare time to generate a small income online.
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 certainly sell your used stuff, rent out a spare space in your home or apartment, and offer up your solutions to the world.
Cafe Press: This site allows you to create digital styles that can then be sold on the platform. You’ll earn a commission for everything that sells and you’ll never have to cope with logistics like printing, warehousing and customer service. For those who have some graphic design skills, then this is a great possible source for your web-based income.
Shutterstock and iStockPhoto: Have a keen eye for photography? Why not sell photos on a few 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 resource for passive income.
Flippa: When 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 right here, but you could effortlessly make a sizable income by flipping income-generating web sites 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 websites or merchant accounts or any sort of automation. The corporation takes a commission of every sale and costs 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 such as for example poster designs.
Zazzle: Another great resource for marketing online is to use Robert Beaver’s Zazzle. The site is somewhat similar to Etsy and virtually anyone can generate income online selling a variety of items here. From art to handmade products and customizable products, it is possible to just about sell anything here.
Threadless: Similar to CafePress, Chicago-dependent Threadless also enables you to sell digital designs in the kind of t-shirts and other merchandise such as phone cases, mugs, beach towels and so on.
2. Start a blog
If you’re seriously interested in making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. So long as the blog is setup the correct way, in the proper niche, with the right articles targeted at the proper audience, and the offer is complementary to the content, you could make a tremendous level of passive income from a blog.
While some might think that starting a weblog is an arduous effort, when you understand the precise steps you should take, it becomes far easier. It all starts in the decision of choosing a lucrative niche and picking the right domain name. From there, you need to build your offers. You can easily sell things like mini-email courses, training sessions, and ebooks.
3. Sell your own stuff to make money online
If you’re ready to enter the eCommerce fray, you can sell your personal stuff. Of course, along with selling your own stuff by yourself website comes a whole slew of both obligations and technical configuration and requirements. For starters, you’ll need an internet site and a hosting account. You’ll also need merchant accounts like ones offered by Stripe or PayPal: Then you’ll need to design that site, build a sales funnel, create a prospect magnet and do some email marketing.
You can also need eCommerce software programs, fulfillment software, worry about warehousing, customer support, and refunds. But that’s not all. You’ll also need traffic. Think search engine optimization, Facebook ads, along with other social media campaigns. It is hard work, especially on your own. You could opt for Amazon’s platform, which may be an easier route. But, then again, at the finish of the day, it is a serious business, which could produce significant profits. So you’re either all in or you’re not.
Shopify: Want to build your personal storefront? You could choose to develop a Shopify store. You could also install WooCommerce as a plugin and run your eCommerce store from your own blog. You will need an SSL certificate and a way to process payments, but you might find this easier to get up and running fast to start selling immediately.
Fulfilled-by-Amazon (FBA): You could start selling upon the largest online store on the planet and not spend enough time to build out your own infrastructure or be worried about traffic. You will need to pay a commission, but most of the other processes will be automated for you.
Drop-shipping: Amazon offers 1 form of drop-shipping, but you can find other sources for drop-shipping items that you’ll never actually have to see or handle yourself. You’ll simply need to close the sale. Companies like SaleHoo, Worldwide Manufacturers, and many others, offer you a resource for drop-shipping your products.
High-ticket consulting or coaching: You can sell your personal high-ticket consulting or training products from your website. You’ll still require a website, merchant account, sales funnel, direct magnet, and many other items. But you can simply earn a substantial amount of money from each individual client, making it well worth the arduous setup required.
4. Webinars training
Webinars are quite possibly one of the most potent methods for you to make an exorbitant amount of cash online. You’ll need an audience to train and you’ll need to know what you’re talking about. Of course, this usually requires having a web site and some semblance of an online presence. However, people can still perform webinars without all of that. For example, you might have a sizable social press following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don’t worry about it in the beginning. In my experience, the best webinar platform out there can be GoToWebinar.
No matter what method you choose to make money on the internet, understand that you might become able to make some cash fast, but for the sizable returns, you’ll need significant sweat equity. However, a year from now, you’ll be happy you started today. Remember, time is a lot more valuable than cash. Focus on creating passive earnings streams that will free up your time so that it is possible to quit the rat race and focus on the things that matter.
5. Sell as an affiliate
There are loads of resources to make money online being an affiliate. You could source items from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Purchase, Effect Radius and many more. Plus, many of the larger companies have their very own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
In some cases, you will need an active website with substantial traffic to get approved. Selling being an affiliate isn’t easy by any means, but should you choose to have the target audience, it can definitely amount to a large amount of income.
6. Leverage the app economy
If you’re looking to address some immediate financial needs, then the app economy is likely right for you.
Uber or Lyft: If you’re in a locale where you can find Uber or Lyft, or even one of the many competitors around the world such as China’s Didi, the hours are flexible and you can work as you see fit, making it perfect, even though you currently have full-time work but are looking to make some money on the side.
Postmates: You don’t even need a car in some locations to generate income with this app. In some major metropolitan areas like Manhattan, a bike would suffice.
iBotta: Earn cash back rewards by purchasing featured products at major retailers. All you have to do is add rebates, go shopping, then snap a picture of your receipt to acquire your cash back. Simple and effective.
Task Rabbit: Another simple and straightforward application for making a little of side-hustle earnings is the Job Rabbit app. Tasks could be anything from easy repairs to a lot more exhaustive undertakings. The app carefully vets each service provider to ensure the highest quality, and it’s a terrific way to create some extra income on the part on your own terms.
Ebates: This application offers a simple way to make money online by buying whatever you’re already purchasing and then getting a cash-back incentive. With eBates, there are no scanning receipts. Simply click a link in the app and buy it from the store. You’ll instantly be credited with your money rewards upon purchase along with receiving an email confirmation.
Swagbucks: With Swagbucks, there are a number of ways you can make money. You can shop online, watch video clips, answer surveys and surf the web. The app gives you both cash back and gift cards as a reward for your efforts.
Inbox Dollars: Another app you can use to earn money online is Inbox Bucks, which pays you for watching television, taking surveys and buying. You can find cash offers here and it’s relatively similar to some of the other apps in this arena.
7. Email marketing make money online
If you’re interested in internet 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 you could expect to earn about $1 per subscriber per month. Should you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 monthly. You will have to deliver value rather than 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 usually one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as for example PDF versions of an article with added resources in them, four-part video training series, and much more. Think about your audience and what you can provide them to better serve them, then treat them with some respect and you will eventually reap the rewards.