6 Sure ways of earning money online
5 minute read
Affiliate Marketing
For you to start earning all you need
is a website, blog, social media platforms, landing pages, sales pages, banner
ads, or e-commerce site of your own. Then, pick a hot affiliate niche market;
one with many potential customers. Look at social media to ID trends and see
what’s hot on sites like Amazon and CJ Affiliate.
When people visits your website or any
web platform and click on a link to make a purchase, they are taken to your
affiliate partner’s site to complete the transaction and after they make the
payment, you will earn for every completed sale made on your platform. The best
part is you don’t have to deal with shipping or customer service.
Affiliate marketing is one of the
fastest and easiest ways to start an online business because all you have to do
is promote the products. You don't have to worry about creating products,
setting up payment and delivery systems, or handle customer support. You just
simply drive the traffic and get them to click over to the companies you are
promoting as an affiliate and if a sales is made you get a commission for
referring that sale.
Selling on Amazon, eBay, Etsy, and Cragslist
To leverage the power of third-party
sites is one of the quickest ways to earn money online. 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.
The common denominators among all
three sites are that you need to use clear, high-quality photos of your
products, keep product descriptions detailed and specific, and know what your
competitors charge so you don't out-price yourself.
Consulting
Another way to make money online is
via consulting. If you’re an expert in any field, you could potentially find
people willing to pay you to counsel them on their personal or business goals.
You might think you’re not important enough to consult for big companies, but
you could be surprised at the types of expertise people will pay for.
My colleague Robert Farrington of The
College Investor is a good example of someone who consulted online on the side
in an unlikely industry. Robert told me that, after he had been blogging for a
few years, a couple of brands reached out to him to ask him for help with
social media and online marketing.
Robert said he did an average of 4-6
of these gigs per year for a while depending on his schedule and the work
involved. The best part is, he charged a flat rate that usually worked out to
around $100 per hour. And remember, this was pay he was earning to advise
people on the best ways to use social media tools like Facebook and Pinterest
to grow their brands.
If you want to start consulting but
aren’t sure what steps to take next, you can also set up a free account through
Clarity.fm. This website lets anyone who wants to offer consulting set up a
free profile. Once your profile is set up, people will find you and book a
session you’ll get paid for.
Have your Own YouTube Channel
Top YouTubers can make millions each
year, and that includes 5 year-olds. Take PewDiePie who has made more than $15
million filming himself playing video games. But you don’t need millions of
viewers to make money on YouTube.
Some ideas for valuable videos include
how-tos such as recipes, unboxing (where you open a product for viewers), food
and travel reviews, music videos, comedy skits, and so on.
Here's how to make money on YouTube:
Set
up your YouTube channel, the place where your videos will live.
Upload
videos consistently and be specific when describing the content in your video.
Make
sure your videos are high-quality and contain useful or entertaining content.
You
don't need a fancy camera to get going; a smartphone will suffice in the
beginning.
Put
the word out on your social media platforms like Facebook and your email
marketing list.
You
should also share the videos on social media or embed them on your blog or
website.
Respond
to comments from viewers to create a fan base. Your job is to attract and keep
viewers.
Monetize
your undertaking by allowing YouTube to include ads in your videos. When
viewers click on an ad, you split the fee with Google. The more views, the more
revenue for you.
One other thing to mention, you don't
have to get in front of a camera to make money with YouTube videos. Many of the
most successful YouTube channels are screen capture videos with tutorials of
software or videos where you are seeing someone do something or do a voiceover;
never having to actually appear on camera.
Blogging
Old-fashioned blogging is alive and
thriving. If you provide valuable content on a regular basis, you attract
like-minded people interested in your niche information and products. Your
readers are compelled to keep reading to find out more and buy.
These people are primed to buy your
products either via ads or affiliate links in your posts. Why? Because you’ve
been providing useful free (targeted) content and people have come to know and
trust you.
Also, you make your site / online
storefront attractive in the eyes of Google by regularly adding useful
information in the form of articles, videos, etc. This results in higher
rankings in Google's search engine so, hopefully, you appear on page one
because most people don’t go to page two on Google.
There are many ways you can monetize a
blog and the taffic you get to it. You can promote products as an affiliate,
promote your own products and services, and have ads on your blog as well.
Selling E-books
E-books represent about 20 percent of
all book sales in the U.S. The good news is you don’t have to be a publisher
with deep pockets to get in on the action. You can sell ebooks directly from
your own website. You can sell your own works or sell a public domain work.
Simply upload it to your website (or seller account on Amazon) and start publicizing
it on your social media platforms, on your email list, your blog, website, etc.
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