Top 6 Ways to Make Money Online
By
Theodore Henderson
The Wisdom Man
The internet is filled with opportunities (good and bad) to make money online. All you need is a computer, a decent internet connection, and a lot of free time to spare. Also, the burning determination to keep earning cash comes in handy. With the right mindset and enough effort, you’ll be making money in no time. Here are six different ways to earn money online:
Online Surveys
Research companies are always on the look-out for recruits to fill out survey questionnaires for product testing and survey marketing. This method is especially beneficial for students who wish to earn a bit of money with little effort in a small amount of time. By just answering a few questions, you’d be able to earn rewards in minutes.
Check out the article “Legitimate Paid Survey Taker Jobs (and How to Avoid Scams)” for more on this topic.
Online Tutoring
If you have a certain knack for particular subjects such as mathematics or chemistry, tutoring kids online may be an excellent income opportunity. Other websites also offer tutoring services for languages such as English or Japanese. These generally cater to people who wish to learn the language for casual use or in preparation for proficiency exams.
Online tutors generally have flexible working hours and are usually paid a specific hourly rate, depending on the company you choose to work for.
See “A Step-by-Step Guide to Become an Online Tutor” by Kathy Alameda for more about this business.
Money Online With Blogging
Blogging can be a fun yet time-consuming way to earn money. It requires persistence and effort, and it may take you months before you start getting cash from it, but if you love what you’re doing and see it as more than just a job, the hard work that you put in will be all worth it. The amount of traffic you receive will also depend on the topics that you choose to blog about if it’s something that would entice a specific audience.
Not sure where to begin? See “How To Start A Blog Today: Everything You Need To Start Writing” for some tips on launching a profitable blog.
Speaking of profitable, did you know you can earn money from blogs through paid advertising, offering premium content, or selling your own products? Part of the profitability angle for entrepreneur minded bloggers is SEO and EAT. If you have never heard of EAT it is important to your blogging career to know that E-A-T stands for expertise-authority-trustworthiness.
So why is this important? As Google continues to develop its core algorithm, the websites it believes to be published by the best experts with the most authority are selected to best meet it’s users’ needs. A solid review of topic can be found in “Four key SEO changes digital marketers need to know.”
This new focus means that the ranking goes beyond technical SEO and on-page and off-page updates. You must focus more on great content, brand awareness, links, and mentions from trusted, authoritative websites.
Freelancing
Freelancing is one of the most popular ways of making money online. Depending on your capabilities and interests, you can either be a content writer, logo or slogan maker, web designer, or consultant.
Freelancers can choose to work for only one company or for multiple companies at the same time, depending on your free time. Generally, freelancers are paid an hourly rate or on a per-project basis. One of the ways I have used freelancers in the past was for my e-books, white papers, and editing. If you have an interest in this area here is a top-rated ebook creator tool.
Also, CNBC has covered this topic also in its new piece on the highest-paying freelance jobs of 2020 where you can earn $90,000 or more.
E-Commerce
Online selling has become a booming industry in the past decade. A lot of websites, such as Amazon and eBay, serve as online platforms for commerce to take place for all sizes. Don’t let being a single or beginning entrepreneur or small business owner stop you from using them as a marketplace. You can either sell your very own products or buy and resell merchandise at a higher price.
Payment transactions are made easier and more convenient through financial intermediaries like Paypal and Payoneer. Engaging in e-commerce requires discipline and adequate knowledge on business and marketing, but if done right, you will be able to reap great profits.
Affiliate Marketing To Make Money Online
Some of the strategies already mentioned can be combined to generate success in affiliate marketing. If you have or are developing significant influence or a strong social media presence, you can potentially generate considerable income. You would do this by promoting high-quality companies, products, services, and offers to your audience.
Promotion can be done through blogging, email marketing, or even YouTube videos. Having high audience traffic is a must. You should make sure that the products or services that you promote are ones that both you and your audience are really interested in.
Conclusion
Affiliate marketing does take knowledge and perseverance. It is best to find a “budget-friendly” place to learn such as Clickbank University. Which is run by the premier affiliate marketplace known as ClickBank. They have competitors. JVZoo is one of the better known.
There are also some do it yourself versions available such as The 12 Minute Affiliate System . Pick the option that works best for you if you plan to venture in. One of my previous posts 18 Great Side Hustles To Pay The Bills In 2020 discusses both on and offilne ideas in case you aren’t fully sold on the online approach.
If you’re an aspiring entrepreneur waiting to start your own online business or perhaps a side-hustle of some type. Stop waiting and start launching! If you want to create wealth in your life. Starting a business is the best way for average people. Along with that comes the ability to chart your own course in life. Make decisions, some mistakes, some successes, but let the sky be the limit on what you pursue.
–
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 as an entrepreneur, business owner, or just plain busy professional.