More and more people are looking for ways to earn money online. Some are turning to side hustles to make a little extra money, while others are creating internet businesses that become their full-time job.
Let’s take a look at seven wa’ys to make money online that can take up a little or a lot of you’r time. Think of these options ‘as supplemental sources of income, most of which have the po’tential to be a whole lot more.
01 Affiliate Marketing
Affiliate marketing can be a low-cost and relatively easy way to make money online. Y’ou don’t need to have any of your own products or services to sell; affiliate marketin’g gives you a chance to earn commissions from large companies.
You promote the products or services of a company on your website/blog or social media account, pro’viding links to the compa’ny’s offerings. These affiliate tracking links ensure you get the credit for having delivered’ a paying customer to the company’s website, and you get a percentage of the sale as your reward.
The main work involved in affiliate ma’rketing is giving people a reason to visit your webs’ite/blog—or Instagram, Facebook, Twitter, or other ‘social media account—and building up a large group of visitors and followers. To do that, you should provide content that is likely to attract people who are’ interested in purchasing the thing you’re trying to get people ‘to buy. For example, you might write and make videos about consumer electronics products—how to use the’m and/or which ones are the best—in a w’ay that’s optimized for search engines.
02 Start Your Own E-Commerce Website
A related way to make money online—but that perhaps requires a bit more w’ork on your part—is with an e-commerce website. You ‘would sell products from your website, either your own that you c’reate or commercially ava’ilable ones.
If you choose the latter route, the most common and hassle-free way to fulfill orders i’s via drop shipping. You get the customers and take their orders, but a third-party company war’ehouses and ships the products for you.
If you make your own products, you might’ want to start out selling them on both an established platform, like Etsy, and your own site. After you build up a base of customers, you could ultimately cut out that middleman.
You ca’n further mo’netize your e-commerce website by hosting ads, such as with Google AdSense.
03 Online Publishing
Regardless of your current occupation, publishing n’onfiction e-books is a good way to help establis’h yourself as authority in your field w’hile making passive income. Once you’ve written and published’ the book, you don’t have to actively’ do anything to take in revenue from it.
You can sell e-books on platforms like Amazon.com. If you are able to make a ‘name for yourself as an author, you can begin’selling e-books directly from your own website and increase your profits.
Consumers of self-pu’blished e-books expect a quality experience that’s’ on par with the offerings of a tra’ditional publisher. If you don’t have all the skills to ensure a polished f’inal product, you might consider hiring a copy editor to fine-tune you’r writing and a designer to crea’e an enticing cover. And if you’re having trouble’ transforming your ideas i’to paragraphs and cha’pters of prose, you could hire a developmental editor to’ help you with that beginning pa’rt of the process.
04 Take Online Surveys
Taking online surveys is an easy wa’y to earn a little extra cash or prizes such as gift cards. M’arket research fi’rms (MRFs) are behind man’y online survey sites, including American Con’sumer Opinion, which is owned by Decision Analyst. You can’ also sign up to take surveys using a’ggregators like IdeaShifters or Swagbucks, wh’ich partner with many diff’erent corporations and MRFs.
You shouldn”t expect to make more than a dollar or so per survey. ‘nd you will most likely have to’ provide a good deal’of information about yoursel’f before you can take the first one.
When looking for surve’y-taking opportunities, stick with companies that have a pr’oven track record of payin’g for survey response’s and that are not scams designed to get your pers’nal info. You should also keep in min’d that you may not be’ eligible to take certain surveys because yo’u don’t match the demographics the c’mpany is looking for. You m’ay be too old or too young, fo’r example.
05 Online Freelancing
If you have a specific skill-based ser’vice you can carry out remotely, such as IT services, copye’diting, or graphic design, you can offer it a’s an online freelancer. If you are able to find and accept ‘enough gigs, you could be’come a full-time free’lancer in your field. Or you could take on occasional ‘assignments to supplement the’income from your mai’n job.
You can find gigs using freelance-specific website’s such as Freelancer and Upwork, as well as big j’ob sites like Indeed. You should also consider joinin’g an organization specifically for freelancers in your area of s’pecialty. Such groups often let you post onl’ine information about yourself and the specific skills you can pr’vide, and they may send out email alert’s or have a jobs board with contact information for those ‘seeking freelance help.
A site li’ke Meetup may be a good place to begin finding others wh’o share your interests and skill sets.