Ways to earn money online
Especially in these tough economic times, many people are looking for ways to make more money. The internet is a goldmine for these people looking to earn some extra cash and new businesses are popping up all the time. There are tons of websites that offer something different, so if you haven't found your niche yet, no worries! Below are some of the ways to earn money from the internet.
1) YouTube
The internet's top video hub has partnered with Google AdSense meaning that partnering with them will allow you to make a handsome profit.
2) Clickbank
This booming website provides links and detailed descriptions about each product as well as how much it costs and what type of person would enjoy using it. Clickbank also provides a forum where users can ask questions about the products. The most successful person on the site made $80,000 in less than 6 months!
3) Blogging
With over 150 million blogs on the internet, it's safe to say that blogging is a huge business. Make sure to find something that you care about and get passionate about it because this will be the driving force behind your success.
4) Online Surveys
These are very similar to the surveys you might find in your local newspaper with one exception: they're online! You can live anywhere and still take these surveys for cash. They're always hiring and payout fairly quickly.
5) Join a network Marketing
Network Marketing is a lucrative industry that allows people to make money without having to sell anything. A company called The Pampered Chef pays its representatives a 5% commission on every sale they make.
6) Trade in your skills for cash
If your skill is in demand and you are able to show evidence that you have the skill, you can be paid to work online from home. One site, called ClixSense, allows you to bid on jobs online and if someone chooses your bid, they pay you for the work. Other sites like Elance have thousands of jobs listed all over the world waiting for freelancers like yourself. There are various freelancing platforms like freelancer, Upwork, fiver, guru, etc.
7) Sell your photos
If you take good photos and know how to use Photoshop well, you can turn your hobby into a profitable business. One user on stock photography websites made $3300 from selling her first photo. If you have professional skills you can make even more.
8) Sell handmade crafts online
There are tons of craft sites out there that allow people to sell their homemade goods. Etsy is one of the largest and has over 39.4 million active users as of January 2020.
9) Affiliate Marketing
Affiliate marketing is one of the most popular ways to make money online. Throughout the years, its popularity has gone up and down, but it continues to prove to be a stable way to make money online. The best part about affiliate marketing is that you can be an affiliate for nearly any company, from Shopify to Amazon to Uber to FabFitFun.
Affiliate marketing allows you to earn a living by promoting other brands. If you’re a savvy marketer, you can earn a commission from sales by promoting retail products, software, apps, and more. While earning a commission may seem small, keep in mind that you can be an affiliate for several brands and include several affiliate links on a single blog post.
10) Become a Writer
With a growing interest in content marketing, more brands are looking for great writers to create content. The secret to succeeding as a writer is to be an expert in a niche. A lot of writers try to be generalists, writing for a wide range of categories, from food to tech. However, having a niche focus as a writer allows you to write better content.
11) Invest in Stocks
You can also make money fast by investing in stocks. If you aren’t an expert in picking stock, you might want to skip this money-making idea. While it can have one of the highest rewards, it can also result in money loss if you’re inexperienced. If you currently hold a 9 to 5 job, look into your company’s financial programs. Do they allow you to invest in company stocks? If so, sign up for it. At least with a company stock program, you have some influence on the company’s success as an employee.
12) Game Streaming
Twitch is an online live-streaming platform that focuses on video game live streams. Gamers have earned a lot of money streaming video games on Twitch. The typical "expert" streamer makes between $3,000 and $5,000 per month by playing 40 hours per week. More average streamers will make roughly $250 in ad revenue per 100 subscribers or $3.50 per 1,000 views. To start earning money on Twitch, you need roughly 500 regular viewers. "Small" Twitch streamers usually have 50 - 100 subscribers and can earn around $500 a month. The "real money" comes in when you have enough viewers to make money off ad revenue and subscriptions.
Making money online can help you earn some extra side hustle money, but it can also help you escape your 9 to 5 job so you can become a full-time entrepreneur. By brainstorming online business ideas and choosing to start an online business, you gain more financial freedom, improve your financial security, and inch closer to living life on your terms. It really is possible to earn a living online if you work hard and stick with it. So, which side hustle will you try out first?
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