12 Proven Ways To Make Money Online

proven ways to make money online

12 Proven Ways To Make Money Online

Uncover Your Hidden Side Hustle

By

Theodore Henderson

 

There are many ways to make money online, both good and bad. In this article, I want to share 12 proven ways to make money online that can really work. Often you simply need to make a little additional cash. You’ve got additional bills to pay. Possibly a kid is going to college, and you need tuition money. Maybe you wish to take your household on a memorable trip.

The internet has actually fundamentally altered how we generate income. There are lots of methods to make extra money through a variety of online strategies. We’re no longer required to take conventional jobs to earn money.

It can be frightening to think of trying to generate income online, mainly if you’ve never done it before. The internet is incomprehensively massive, and attempting to make sense of all the choices can feel scary.

Even though you’ll find 12 proven ways to earn money online in this article, a few of these approaches will be more profitable than others. Some will need more work than others. Some of these money-making approaches can even develop into full-time businesses or jobs.  You should assess them based on your skills and interests.

None of the strategies that follow are of the get-rich-quick variety. These are legitimate, sustainable methods to earn money. All of them need real effort and expenditure of time.  Before we begin, let’s look at some statistics for online business activities that may help you sort through the proven ways to make money online.

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Key Statistics for Online Business

  • 35% of small business owners DON’T realize their business is not too small for a website.
  • 19% of small business owners who have no website believe their business could grow 25% in three years or less with a website.
  • 6 out of every 10 small businesses in 2018 still have no website for their business presence. (Devrix)
  • 46% of small businesses had NO web presence in 2018. (The Balance Small Business)
  • On average, men spend more per transaction than women, spending approximately $220 versus $151 for women.
  • 30% of shoppers would rather return to a website they’ve purchased previously.
  • 55% of people search online for reviews and recommendations prior to making a purchase. 47% visit the company website.  26% check out the “brick and mortar” store, and 23% talk with friends and family. (KPMG)
  • The reasons people purchase online include competitive pricing (36%), preferred website (30%), best delivery options, and price (17%), product availability (14%).
  • 92% of all online feedback is considered positive, followed by 6% neutral, and 2% negative.
  • Other popular online locations to add reviews and recommendations include online forums, WeChat, blogs, Twitter, YouTube, Snapchat, and Pinterest.
  • The top five items that influence buying decisions are the lowest price, enhanced delivery options, easy return policy, payment options, ability to see inventory availability, and information about the product/service.
  • 47% of purchasers share feedback on the seller’s website, followed by Facebook (31%), brand websites (18%), WhatsApp (17%), and Instagram (12%).
  • The two big reasons people won’t buy online include wanting to see and touch the item before purchasing and delivery taking too long.
  • 59% of Millennials will visit Amazon first, making them one of your biggest competitors right off the bat. (Inviqa)
Source – www.wpform.com

 

12 Proven Ways To Make Money Online

 

Strategy # 1:  Affiliate Marketing

 

Let’s begin our list of 12 Proven Ways To Make Money Online with the often misunderstood affiliate marketing strategy. Basically, affiliate marketing functions like this: You promote an online service or product produced by another party (person or company). If someone purchases a product and services through your sales promotion, you get a commission or portion of the sale.

Generally, you promote the online product through a unique link that is tied to you. That way, the business you are working with knows that the sale came through your sales promotion.

Amazon Affiliates is an easy example of affiliate marketing. Once you sign up for their affiliate program, you can promote any product on Amazon. If someone clicks on your affiliate link and then purchases the item, you get a small portion of that sale.

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There are numerous straightforward methods to promote products or services. Your creativity only restricts you.

You may …

○ Write reviews of products on your blog site and include affiliate links.

○ Have banner advertisements on your website promoting the items.

○ Post affiliate links on social media.

○ Promote products to your email list.

Actually, suppose you have any sort of audience. In that case, whether that be on social media or a site, you have the opportunity to generate income through affiliate marketing.  While Amazon is certainly one of the proven ways to make money online their commission rate has shrunk over the years but still can be considered part of your affiliate strategy.

 

proven ways to make money online

 

Strategy # 2:  Offer Products Online

 

Before you can offer products online, you’ll need a website to operate from. If you do not wish to set up your own e-commerce online store, you can easily offer items on:

○ Craigslist.

○ Amazon.

○ eBay.

○ Etsy.

○ Poshmark.

○ And lots of others.

If you want to offer items on your own site, you’ll be required to take one step more and produce an e-commerce site on which you can list your products and process payments.

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First, you can offer homemade products you make yourself on websites like Etsy. If you’re good at crafts and can make an item that others would purchase, Etsy can be a great choice.

You can likewise sell items you’ve currently acquired on websites like eBay, Amazon, and Poshmark. For example, let’s state you like to go to thrift stores. You can find excellent products to sell on eBay at thrift shops or flea markets if you want to do a little bargain hunting.

You likewise have the option of dropshipping products. Dropshipping works a little bit more distinctly than the primary way of selling products online. With dropshipping, you discover an item that is readily available online for a relatively economical quantity.

○ You list that item in your e-commerce shop for a more considerable amount. When you make a sale, you keep the markup. The product maker then sends out the product straight to the buyer without you having to touch it.

If you’re searching for exceptional items for dropshipping, AliExpress is a great place to start. With Shopify, you can develop a store that links directly to AliExpress to make it easy to offer items.

Out of all these choices, offering items on websites like eBay and Etsy is most likely the simplest way to get started earning money online. If you can find things to sell, for example, from thrift stores or yard sales, you can begin generating income reasonably fast.

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Strategy # 3:  Market Your Services on a Freelance Basis

 

Do you have any skills as a…

○ Assistant.

○ Audio Engineer.

○ Author.

○ Bookkeeper.

○ Designer.

○ SEO Specialist.

○ Translator.

○ Voiceover Artist.

○ Or much more.

If so, then you can offer your services online. There are actually many thousands of businesses that need these services. And you can make great money working for them. To get started freelancing, you’ll require to do a few things:

○ Develop a portfolio that flaunts your work. Most businesses will want to see an example of your work if they’re going to employ you. They wish to be positive that they’re hiring the best individual.

○ Set your prices. There are numerous methods to set prices, including by the hour, task, or retainer charge. Set your rates at what you consider to be a reasonable quantity and be positive in that quantity as you talk with possible customers.



○ Reach out to prospective customers. There are numerous ways to get in touch with potential clients. You can:

■ Call them.

■ Email them.

■ Market to them on social platforms like LinkedIn.

■ Apply or answer ads on websites like Upwork and Thumbtack.

■ Offer your services and unique skills on platforms like Fiverr.

Getting a freelance career started isn’t necessarily the most straightforward or least challenging way to generate income. Still, if you’re diligent about finding and looking for work, you can turn it into a lucrative gig relatively rapidly.

 

Strategy # 4:  Become an Online Coach.

 

If you have significant knowledge in a particular industry or topic, you can package your understanding and sell it. To put it simply, you’re offering your expertise and experience rather than a service or product.

To be a coach, you must be able to add significant value to your clients. You must be able to help them significantly and ad real value. 

There are likewise a variety of ways to package training services. You can use:

○ 1-on-1 training.

○ Group training.

○ A course containing additional coaching assistance.

You don’t need to be an expert to be a coach. You just need to have the ability to add substantial worth to your clients. Possibly you have a great deal of experience in the health field. Or perhaps you’re a long-time fitness lover and have accumulated a large quantity of physical fitness know-how.

Several platforms make it easy to do coaching:

● Clarity.fm

● Savvy.is

● Coach.me

 

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Strategy # 5:  Develop Online Courses.

 

Online courses are a fantastic method to monetize your understanding. And unlike training, which requires routine conferences with a small number of clients, you can offer your course to hundreds, if not thousands of people.

You can produce a course around nearly any subject and discover individuals to buy it. To build a course, you require a platform to make it available to clients.

There are lots of ways to produce and disperse a course. Think about these:

○ Email course. You can develop a mostly text-based course.

○ Video course. Film yourself speaking, teaching, or as a mentor.

○ Hybrid text/video course. Include a variety of resources.

Various platforms make it extremely simple to produce courses, enroll students, and accept payments:

● Teachable.

● Thinkific.

● Kajabi.

● TalentLMS.

One method to get a terrific feel for what a course must appear like is to take a couple of courses yourself. Udemy provides countless courses for reasonably low prices. Think about taking a few classes in your specific niche for ideas on what to include in your own course.

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Thinking of how best to do your online business & marketing? 
See our Recommended Business Tools section for suggested ideas.

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Strategy # 6:  Produce Your Own YouTube Videos.

 

How do you earn money through YouTube videos? The simplest method is by putting into action its advertising program.

Suppose you have over 1,500 customers and 4,500 hours of view time over the past 12 months. In that case, you can have YouTubedisplay advertisements prior to your videos. For each 1,000 views a video gets, you’ll make on average somewhere in between $2 – $4.  This is subject to change based on YouTube’s policies.

Perhaps you have 100 videos, and each video gets 5,000 or more views monthly. That could equal somewhere in between $1,000 – $2,000 each month. Imagine if your videos went viral and began getting millions of views!

 

proven ways to make money online

 

When creating YouTube videos, your material will most likely fall under one of two categories:

○ Entertainment. These videos are a lot easier going and are meant to bring a smile to your audiences’ face.

○ Educational. These videos educate audiences in some way. Perhaps you provide a tutorial on how to fix an ordinarily-encountered problem.

Some easy yet reliable ways to grow your channel consist of:

○ Distributing your videos on social media.

○ Publishing your videos to your website.

○ Sending your videos to your email marketing list.

○ Asking individuals to sign up for your channel.

If you publish once or twice a week and consistently promote those videos, you’ll slowly, however, undoubtedly build your channel. The more customers you get, the more views you’ll rack up and the more cash you’ll generate.

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Strategy # 7:  Write, Market, and Sell a Book

 

In addition to making money on every sale, becoming an author and publishing a book has various other benefits:

○ It develops and brands you as a thought leader in your industry.

○ It provides you with a resource to give to clients.

○ It allows you to draw in new clients who would not have heard of you otherwise.

If the idea of writing a whole book daunts you, contract out the writing. Create an outline and then employ a ghostwriter on Upwork or Fiverr to compose the book for you.

As soon as you have actually written your book, you’ll be required to get a cover design and have the book printed. You can get it printed as needed (on demand) with each sale through Amazon CreateSpace, and you can quickly get a cover created through Upwork or Fiverr.

Some easy methods to promote your book consist of:

○ Publish a short post about it on your website.

○ Send an announcement or alert to your email list.

○ Design shareable graphics with quotes from the book.

○ Publish insights from your book on social media.

○ Produce a video promoting the book and upload it on YouTube and other platforms.

 

Strategy # 8:  Launch a Blog site.

 

There are various methods to monetize a blog. How can you earn money with a blog site? Here are some of the most effective methods:



○ Affiliate marketing. By routinely promoting affiliate items on your blog site, along with composing reviews of affiliate products, you can potentially make a substantial number of commissions.

○ Market your services. For instance, let’s say you’re a business coach. By frequently composing posts about selected business topics, you establish yourself as a business expert in your particular specialty. This will bring in new clients, increasing revenue.

○ Ads. Like YouTube, you can put advertisements throughout your blog site. Platforms like Google AdSense make it extremely simple to set ads on your blog site. Earn money for views, clicks, or charge a month-to-month charge to reveal the advertisement. You can also place Ads on your own until you build up traffic.

○ Sponsored posts. Sponsored posts are when you partner with a specific brand to create content for your site. The material is usually related to the brand name and distinctly promotes the brand.

If you don’t have an audience right now, do not worry. By blogging regularly and then sharing those posts online through social networks, you can slowly but progressively develop your audience.

With blogging, maintaining consistency is the key. If you wish to build an audience, you must develop superior material continually.

 

Strategy # 9:  Develop Yourself Into a Virtual Assistant.

 

A virtual assistant is someone who carries out a large selection of tasks for a person. Unlike a typical assistant, who works at close physical distance to the person, you’re not required to be anywhere near the individual you’re assisting. All the tasks are provided to you online.

Suppose you’re well organized, efficiently get tasks done, and have the ability to communicate efficiently online. In that case, you might make an exceptional virtual assistant.

What sorts of work might you perform as an assistant? They run the range, including:

○ Making phone calls.

○ Replying to emails on behalf of your employer.

○ Buying items online.

○ Doing personal tasks.

○ Reacting to inquiries.

○ Inputting, sorting, cataloging data, and setting up information.

○ Managing a social media presence or profile.

○ And more.

Where should you try to find virtual assistant gigs? You can find these in a lot of the same places that you try to find other freelance jobs:

○ Upwork

○ Fiverr

○ Remote.co

○ Indeed

○ LinkedIn

 

Strategy # 10:  Become an English Tutor

 

This is distinct from teaching English as a Second Language (ESL), which typically needs some form of accreditation. Instead, in this role, you merely function as a tutor to those attempting to reinforce their English-speaking skills.

There are numerous nations in which people are willing to pay for an English tutor, in some cases as much as $20 – $25/hour.

 

proven ways to make money online

 

How can you know if mentor English would be excellently suitable for you? Having these skills will help:

○ Understand the subtleties of speaking English.

○ Have an excellent grasp of English grammar.

○ Have a bachelor’s degree (usually needed).

○ Be a clear communicator.

○ Have the capability to teach.

○ Enjoy talking with people.

○ Have patience(this is crucial).

○ Are comfortable utilizing technology like Zoom, Skype, or other streaming services.

There are many places where you can discover online English tutoring opportunities:

One advantage of tutoring people in English is that it exposes you to an array of cultures and countries you would never experience otherwise.  Tutoring has been around for thousands of years but now in the internet age, it has joined the list of proven ways to make money online.

 

Strategy # 11:  Offer Stock Photos.

 

Stock images are pictures that are licensed to the client. When somebody licenses an image, they can use it in various ways, online or in print.

Stock picture websites, such as iStock and Shutterstock, permit you to submit your pictures to their website. Each time someone licenses among your photos, you get a little royalty (usually a few dollars).

As with YouTube, earning money on stock image sites is a numbers game. Suppose you only have a couple of images offered for download. In that case, you probably will not make much money (unless they’re trendy pictures).

However, suppose you have thousands of photos available for download and accomplish several thousand downloads each month. In that case, you can start making considerable earnings.

Your images ought to be of the highest quality. If you desire people to purchase your pictures, they need to be compelling, intriguing, and impressive.

One other thing to keep in mind. To avoid copyright violation, avoid showing any particular brand names in your photos unless you have specific approval to do so.

 

Strategy # 12:  Do Odd Jobs on TaskRabbit.

 

TaskRabbit is a website that enables you to do all sorts of tasks. Wish to help somebody pack up and move their home? You can do that through TaskRabbit. Do you know how to put together a table? You could earn anywhere between $50 – $150 doing so.

The appeal of TaskRabbit is the large variety of jobs offered through the site. And all jobs can be easily managed through their app. Time Publication reported that some individuals earn as much as $2,000 per week through TaskRabbit.

TaskRabbit is an incredibly excellent alternative if you’re knowledgeable in various things and wish to put all those skills to work. For example, if you’re a competent handyman however don’t want to begin your own business, TaskRabbit can supply the tasks for you.

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Thinking of how best to do your online business & marketing? 
See our Recommended Business Tools section for suggested ideas.

***

References – 12 Proven Ways To Make Money Online:

 




About The Author

  

Theodore Henderson works with business owners, entrepreneurs, and corporate professionals on their business skills, marketing, and leadership strategies. He is an Amazon best-selling author, a Certified Career Coach, Business Skills & Leadership Coach, and a Certified Social Media Security Professional Powered by CompTIA.

Visit The Wisdom4Business Blog for the complimentary series on business startup and entrepreneurship.

Also, visit TheHealthyBusinessOwner.com for timely and useful tips and strategies for living a healthier lifestyle.

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