There has never been a better time than now to discuss how to Make Money Online, as many people are working from home due to covid19, have lost jobs, reduced income or want to supplement their income.
Making money online may seem intimidating and you may be thinking to yourself – where do I start, where can I get the best returns for my time?
We have created this post to show you how to make money online and which platforms allow you to make the post money for your time! If you are consistent these different avenues can make you alot of money. See our related post 5 Ways to Earn Money from Home.
How to Make Money Online
With this digital area now is a great time to make money online, and eventually you may even be able to make money when you are sleeping (passive income).
All you need is a device it could be a laptop, tablet, phone and way to connect to the internet or wifi.
Figure out what you’re good at and how you can help others, and research how you can bring this online.
Create your business and brand yourself so that others will remember you and see how you are different from other competition.
Always add something unique to your business or content, people want to see different things and it can help you become noticed more online (don’t blend in!)
Once you have done these things figure out your work schedule and how much time you want to dedicate to making money online and you should start to see your hard work pay off!
Start a Niche Blog & Leverage Affiliate Marketing
Blogs have been popular for quite some time now but many people still underestimate the power of blogging and sharing knowledge or opinions with others. Blogging has also allowed companies to see 67% more leads than companies that don’t blog. Our related post on How to Start a Blog may be useful to you.
What does it take to be a blogger? You will need to create a website. Something you have good general knowledge about that will make writing posts easy. This can vary anywhere from recipe blogs, fitness, arts, sports, really anything you want to be discussing with people. But to ensure you are most successful it is often best to find a subject that is well known to you and that is relatively popular to generate good traffic to your website.
Choose a web host and create your site. There are many ways to create a blog and alot of hosts to choose from. You can start your blog for free using Wix or WordPress, but you wont own your domain, thus a question you need to ask yourself. For low cost startups and to own your own domain we recommend:
Bluehost – Best Web Hosting for WordPress. link here https://www.bluehost.com/affiliates
HostGator Cloud – Unlimited Web Hosting.
Now you may be wondering when do you start to earn some money from this? There’s a few ways for this to work for you.
Advertising. What you would need to do is place relevant ads that relate to the topic you are discussing on the post for users to click on and view. Each time a user clicks on the ad, you are paid for that click. One of the biggest earners for big time bloggers is google Adsense that allows you to simply drag the banner onto your webpage and google will then choose the ads that are most relevant to your post. You also have the option to sell private ads, meaning you may contact advertisers directly to have their ads on your site which enables you to set your own ad rates. And eventually once your blog becomes more well known advertisers may ask you directly if you would like to feature their ads on your website. You are paid by CPC (cost per click) or also known as pay per click (PPC).
Affiliate links. This is another great way to earn money from your blog. Affiliate links can be products or services related to your website or blog post and its a pretty simple process to set up. Using affiliate links on your website involves finding a product that you are able to promote where you are paid a commission for helping with the sale of certain products. To earn money through affiliate links you must first sign up with affiliate programs like Amazon associates where you are given a unique link that you use on your posts. Your affiliate link contains your affiliate code that the advertiser knows when a buyer has used your link to make a purchase. Once the buyer has made a purchase courtesy of your affiliate link you have just made a small commission. Some of the top affiliate programs are Shopify, BlueHost, Amazon associates, Aliexpress, and the list continues. Many of these programs pay out a percentage of sales and others include a fixed price that you can earn for every sale that comes from your affiliate link.
Find Freelance Jobs
If you are in need of quick immediate cash but don’t want to travel or take on full time work, freelance work is a very good option to fill your time with ways to bring in money from home. The beautiful thing with freelancing is that you are considered self-employed or a contractor because you are able to take on tasks based on your own knowledge and skill set. There is such a wide range of jobs you could take on in the freelance world and we will discuss some of these possibilities.
Freelancer. One of the most popular freelancing websites with over fifty million workers taking on work. Jobs on the freelance site include tutors, website designers, virtual assistants, writers, copywriters, translators, web research. The list is endless. If you are eager to work you will surely be able to find jobs that suit your skillset with a quick search. All you need to do to earn money is to bid on jobs that are available and you can then be selected to complete the job.
Kadama, a unique tutoring app that allows users to post jobs where students and parents can find help by posting jobs regarding a wide range of subjects are able to get the assistance right from the app. A great option to help students pay off some tuition fees while still in school. Earn money now.
Amazon mechanical turk. This program offered by amazon is a marketplace where you are able to find virtual tasks that the user is able to search for thousands of tasks to complete whenever it is most convenient. Mturk as it is referred to is a super easy way to start earning money right away with no upfront costs and minimal experience. Many people have reported making on average between $40, 000 and $50, 000 annually by completing these tasks on a daily basis.
Fiverr, is another one of the big name freelance sites that offer similar opportunities as other freelance sites. Fiverr is in the top 200 globally in terms of popularity and has a great reputation. There are constant growth opportunities within fiverr as there are different levels you are able to achieve to reach higher paying jobs. The more you work the more you earn, see tasks here.
Upwork. For this specific freelance platform the work is more geared towards larger projects that may require specialist knowledge. That being said Upwork tends to offer higher quality jobs with better paying clients. There are about 12 million freelancers currently using Upwork to supplement income making it the current biggest freelance market place in the world. Check out the jobs on Upwork here.
Start a Youtube Channel
Youtube is HUGE. It’s the second biggest site in the entire world. Anyone who owns a phone or a computer is easily able to set up an account and start uploading content to the site within minutes. So why doesn’t everyone post videos or make a living from this? Some people don’t think they have what it takes to be a youtuber or may think they’re missing the equipment to be successful. But this is not the case. See this post about creating a youtube account.
There are a few simple thresholds to reach as a youtuber until you are able to start seeing your first dollars:
- You need 4,000 watch hours in the past 12 months
- You need 1,000 subscribers
- You need to live in a country/region where the youtube partner program is offered
- Have a linked Adsense account
A lot of people may be looking at that list and might be worried that it will take them a really long time to start seeing income from YouTube. But the reality is a little work will go a long way with YouTube. All that you need to do to meet these marks is to post videos that bring some sort of value to your audience like “how to” videos for example, and to be consistently uploading new content for your audience. After a while your subscriber count will grow and you will be able to see the light at the end of the tunnel.
The best part about YouTube is that most of the effort to start earning yourself money comes from your initial efforts to get your YouTube account growing. Once you have reached those money maker milestones the rest is going to be a lot easier from then on. However you will need to maintain a good presence on YouTube to be able to make large sums of money as you will be making the money from your ads that are placed on your videos. So the more videos you have the more opportunity to earn money.
To start making money online from the comfort of your own home there’s going to be effort involved but if it is truly something you want to accomplish it is worth it. Having more than just one online revenue stream is how you will be able to truly take your full time work and replace it with the work from home life you’ve been longing for.