The idea of making money online is attractive to many, primarily because of the benefits it offers. Two main incentives : The lucrative potential of the Internet as well as the personal freedom that comes with working without a fixed schedule or geographic location.
Below are 10 ideas that I shared in the past with some of my students in Web Design & Development.
- Set up a Blog or Website for Profit
One of the best ways to make money online is to create a website or blog which allows you to earn money from the display of advertisements or the sale of products and services.
- Learn about Affiliate Marketing and The Art of Selling
This involves promoting a specific product or service and earning commissions whenever the referred user makes a purchase based on your recommendations. Affiliate marketing is a big and profitable industry that covers a wide spectrum of topics and fields. If you’ve got an interest in fitness, you can make money promoting fitness videos or courses.
- Start an Online Business
Starting your own online business or company allows you to make money off the provision of specific services or products you may have. Some examples of popular online trades include web design, copywriting and internet marketing. It isn’t difficult to start a business. It’s all about getting the right people to partner with and having enough knowledge and connections within a specific industry.
- Try Out Domaining and the Online Real Estate Trade
This is the business of buying, selling, developing and making money from domain names. A domainer purchases many domain names and sells them to interested buyers. This is similar to real estate investing offline and domainers also make money by developing websites and reselling it to a buyer.
- Participate in Get-Paid-to Websites
There are hundreds of websites out there which you pay you to read emails, do surveys, sign up for trial subscriptions and surf the web. The benefit of get-paid-to websites is that you don’t need to have your own website or any personal skills at all. The downside is that there are a lot of get-paid-to scams around and finding websites that are legitimate can be fairly difficult.
- Find a Virtual Job or Make Use of Your Expertise
Not only limited to data entry jobs, online jobs in the new economy include virtual assistants, gold farmers, online life coaching and support for open source software. Most of these virtual jobs involve direct communication through electronic mediums like internet telephony, instant messengers and emails. Which means that all you need to get started is a home computer with an steady internet connection.
- Freelance and Work on a Contract Basis Online
If you have a skill such as web design, programming or copywriting you can offer your services online in exchange for money. Traditional freelancing jobs include transcription, proofreading, translation services on top of the ones already mentioned above. Online marketplaces that you can use to offer your services include Guru.com and Elance.com.
- Create Your Own Product and Sell it
Products you can create include website templates, sound clips or even your own ebook. Websites like Lulu.com allow you to easily develop and sell your own collection of electronic products like calenders, brochures, artwork, images and ebooks.
- Get Involved in the Online Retail Trade
- Help local businesses develop an online presence
Many local businesses are struggling because they have websites, but aren’t getting any results from them. Others don’t have websites at all. You can help by learning search engine optimization, how to set up an email list, and more, and then implementing these for local businesses. You may be surprised how many business owners are 10 years (or more) behind you! If you can deliver results, business owners will happily pay. Find customers by going door-to-door if necessary.
With the amazing speed of innovation on the Web today, more avenues are created almost daily for making money online. Do not limit yourself to this list. Do some more research and explore many different methods. Eventually you will find one method that suits you. Always keep in mind that making money in most cases takes dedication, perseverance, smart work and a huge load of patience. Good luck! 🙂