Making money online, for most people out there, is an impossible venture. Many would have preferred to quit their 9-5 jobs and take up an online business that will yield a good passive income for them. Online entrepreneurship is a great way to pursue financial freedom in life and gain it over time.
The good news about doing an online business is that most of the tactics we implement to make money online are not as difficult as most people think. If you are a novice to online marketing generally, you’d better have a complete change of the mind if you really want to make money as an online entrepreneur. You must prepare to spend the right energy, time and resources to achieve an online success.
If you’re on the lookout for good ways to make money online, here are a couple of them to follow:
1. Earn from Affiliate Marketing
With or without a personal website, you can venture into affiliate marketing. This is an online business that allows you to connect with brands at home and abroad and earn promoting products or services. Once you’ve chosen a product or service of your passion that you want to promote, you’ll be given a unique affiliate link which helps to keep track of your sales activities and get you compensated.
If you’re a blog owner, you’d want to work with a niche-related affiliate company. So, if, for example, you’re passionate about personal finance, you may consider it fit enough to partner with loan and finance companies.
Preferably, you might want to partner with an affiliate network of companies where you can have the opportunity to promote a couple of programs at the same time.
Once you’ve got to know your audience, you can establish an affiliate marketing opportunity whereby you earn commissions selling related products or services to members of your target audience.
2. Earn Google AdSense Revenue
You’ve visited many blogs and found Ads! When you’re just getting started with a blog, you wouldn’t expect to earn that much with Google AdSense so far it’s all about bringing the traffic and earning a share of advertisers’ money. So, if your site is still under construction, it’s advisable you build out some content first before applying for Google AdSense.
One of the great things about publishing for Google through your personal blog is that setting it up is as simple as A-B-C. If you’re a blog/website owner, you can submit an application for Google AdSense once you’ve been able to publish up to 20 great and quality posts on your blog.
3. Take Online Courses
Do you have an expertise that you can impart into others? There are platforms out there that will let you earn a good amount of money teaching others online. It could be on Online Marketing, Blogging, Freelance Writing, or just any online career that you are passionate about. This can earn you a lot of money online working from the comfort of your home.
If you’re willing to set up your online course business with a platform like Teachable, you can get your courses materials and other needful resources uploaded and get paid taking course online and managing users online.
4. Earn Money as a Consultant
Another great way to earn online is by being a consultant. Are you an authority in any specialty? You could actually earn a lot providing advisory services to people who need such services on their business or personal objectives. You might underrate yourself thinking you may not be that important to be needed for consulting services. When people start using your services, you’ll be amazed at the kind of stuff you’re made in your field.
If you’re a professional blogger, the newbie and struggling veteran bloggers are millions in number – who really need your consultation and would be willing to learn from your blogging experience.
If you’re planning to start a consulting business but do not know what steps to take, then you may have to open an account with Clarity.fm. Through this platform, you’re about to start offering consulting services using a free profile setup. Once you have set up a profile, you’ll start organizing booking sessions with people who are ready to pay you for your services.
5. Make Money Selling Books
If you’re passionate about writing and selling books, and you don’t want to pass through a traditional publisher, you can simply leverage the services of platforms like Create Space whereby you’ll be able to have your materials uploaded and taken for printing without ever involving a traditional publisher. You can also pass your book on to Amazon so people can find it and buy from you.
If you are sure you can come up with a book material that people would be looking to buy, then this is a perfect tactic to implement so far the initial expenses would be minimal and you likely have a word processor and computer already.
6. Earn by Hosting Web Podcasts
Another cool way to earn online is by hosting web podcasts. There are so many people earning a lot of money from their podcasts.
The key to thriving with podcasting is identifying your specialty, growing an ideal audience, and possibly finding the possible means to make the most and create connections with sponsors. In as much as making money through this way involves a lot of logistics that go into editing, recording, and writing a podcast, it’s not the cheapest way to earn online but it can be considered.
7. Become a Freelance Writer
If you think you have what it takes to write perfectly and creatively, you can get paid writing content for brands, companies, and webmasters. I do this constantly and can speak of how lucrative freelance writing is in the online world. I know some guys that are earning up to $2,500 monthly from writing. Some charge up to $100 per article while others charge anything from $150 per article.
Some freelance writers currently earn more than $250,000 a year writing content for site owners while some earn even more.
While there are bloggers who do freelance writing part-time, others do it full-time and earn a six-figure doing what they love doing from the comfort of their home.
So, the key to breaking through with freelance writing is finding a specialty, connecting with people who might need your hiring services, and presenting great content 100% of the time. While there are a lot of job boards for freelance writers out there, newbie writing jobs can be sought easily on platforms like Upwork.
8. Earn Money Collecting Leads
Another great way to earn online is by generating leads. What you simply need to make lead generation materialize includes creating a blog, driving traffic to that blog, and ensuring that leads worth paying for are the ones being collected.
Typically, buyers of leads are ready to buy the personal info you gather from those who pay visits to your site. So, it becomes a win-win for everybody so far you actually paid for the leads and your own visitors are linked to someone else who is able to provide other services to them.
Note that leads can be sold in different niches – not online business alone! On a more serious note, you only need to identify a specialty, grow website traffic, and find out how much you can earn for collecting leads.
9. Promote Your Product Using Webinars
Do you want to learn another way to make money online? A good tactic is promoting your service, product, or course leveraging webinars. By organizing a webinar, you’re typically offering a ton of advice and tips completely free.
Most authority bloggers leverage webinars to promote their courses. While some others offer a lot of free advice and tips during their webinars, they introduce their courses towards the end for those who might want to make extra payment to learn more stuff. And most times, their sales pitches yield a whole lot of money.
You can easily organize a webinar and captivate a lot of people to sign up using a Facebook advert or tripwire offer no matter what you offer. To learn how to set up a webinar, you may try finding a free webinar that teaches how to organize a webinar.
10. Earn with Sponsored Posts
If you have a huge social media following or a personal site, you can of course earn a lot by running sponsored posts and adverts. But, do you really understand how this works? Typically, enterprises are ready to pay social media influencers and bloggers to help market their services or products. If you own a platform, a large Instagram following, or a personal blog, you can earn a huge amount of money.
When you first get a sponsored post on your site, you’ll likely get carried away because you may realize you are making money this way for the first time. So, you’ll get overwhelmed for it. When people, companies, webmasters or individual bloggers reach out to you in request for a sponsored post, they’re likely to be in need of a link from your own site and this can be an avenue for you to increase your rate and make more money through sponsored posts.
Some bloggers are offering sponsored posts through their blogs for $5,000 per post. But to be compliant with Google’s TOS, you must ensure to handle all of the sponsored posts on your blog as an advert. Also, make sure to only promote websites you trust or regularly use one way or the other.
While some bloggers charge $5,000 a sponsored post, others request for $15,000 per sponsored post. Anyways, this may sound crazy, but it’s all about the traffic.
So, whether you have a personal website or not, you can always make money from sponsored posts so far you have a large social media following. You can leverage your following to promote websites, companies, and individual bloggers using sponsored posts. With a large Facebook or Instagram following, you can get different types of sponsorships. Aside from getting paid in cash sometimes, you can also get some free stuff from your advertisers who use your sponsored post services.
11. Develop a Web Community
You can earn a lot of money online from home by developing a web community, though the tactic for monetizing your business can differ a lot based on what goal you share. You can develop a big community using a blog. You can create a web forum as well and ask people to subscribe to a pro membership package. You can of course grow a Facebook group and promote services or products there using your influence.
Many site owners use this method to make money online and there are some that are earning not less than $30,000 monthly from their self-built online forums or communities.
If you’re going to start an online community or forum, you must keep in mind to find your niche first. This will ensure you can bring your audience around and share your forum link. Within a few years of building the community, it may have turned out into a multiple stream of income for you and your family. Then, you’ll start living like a king.
12. Earn By Uploading to YouTube
Another great way to make money from home online is by uploading videos to YouTube. Whether it’s your self-made video or someone else’s, you can upload YouTube videos and earn some real cash. One of the main strategies to maximize earnings with your YouTube channel is by building a following. People with a large following earn a lot through their time and videos.
YouTube has a self-created Ad network through which you can make money. You can also earn by receiving sponsored posts on your YouTube channel. If you’d love to start making videos of your own, create a YouTube channel and have some fun making money.
Conclusion
You can have all the great ways to make money from home online as given above, but there’s just one guaranteed way to achieve financial independence online, and that’s by building a virtual real estate. If you don’t know how to go about this, follow me via this link and start building your own online brand.