First of all, if you searched for ‘easy ways to get money online’ or ‘make money fast on the internet’, then you may stop reading here. It is possible to get money online but there are no shortcuts. The most important aspect of making money online is patience and efforts in the right direction and that’s what you will get in this post.
Before reading this article further we urge you to read ‘Myths About Making Money Online’ and make yourself aware of the online money-making reality. If you are new to make money online niche then it is important for you to know how people can scam you online.
Having said that, if you are looking for realistic ways to get money online, you are in the right place. We will talk about 4 ways to make money online.
Do you have a skill (or many skills)? then you must flaunt it. You will be amazed by the sheer count of people looking for your skills and how much money people are making online with their skills. There are many platforms who are hosting freelancers like you. However, we suggest that you create your own freelancing website and keep publishing regularly on it along with these freelancing sites. Of course, there is a competition and you will not start making money from day 1 but if you keep watering the seed of your skills then you will surely see a big-money tree in your bank account.
- Freelancing Platforms: upwork.com, fiverr.com, freelancer.com and many more (no joining fees, most of these work on a commission basis
- Typical period to start earning: Anywhere from day 1 to 3 months (depends on how well you market yourself )
- Typical earnings: From $10 to a thousand per job
- Difficulty Level: Difficult
2. Sell Your Own Product(s) online
Are you selling something successfully within 5 blocks of your city? Then why not get it online? just imagine, if you can sell it to a few hundred people in your city then how much you could earn online with millions of people who have the credit card?
Sure you will need to get the website up and running, optimize it, get the payment gateway linked, figure out the shipping and returns, etc. but who said it’s going to be easy. Think of it as pushing a standing car. You need a lot of effort initially but once the car starts moving it moves on its own. The same principle applies to your online business.
- Where to sell: eBay, Amazon and other e-commerce sites, Your own website
- Typical period to start earning: About 3-6 months
- Typical earnings: A few thousand per month
- Difficulty level: Very difficult
3. Affiliate Marketing
You don’t have a product? Don’t want to deal with the inventory of products or shipping? We get it. You may have a good network. You could be a great salesperson. Selling stuff comes naturally to you. In that case, you must explore the option of affiliate marketing.
In one line, affiliate marketing is earning commission for selling someone else’s product. The commissions can start as low as 3% and can go as high as 75-80% per sale that you make. Some also offer bonuses if you achieve the targets.
You think of a product or service and you will find hundreds of affiliate programs related to that product. You can explore places like ClickBank, jvzoo, commission junction which has millions of products to sell under one roof. You can select one or more products of your choice here and start selling. These platforms will handle all the commissions from all the vendors on your behalf and pay you directly. That way you don’t have to chase each vendor individually. Everything is automated and you don’t need to worry about
Alternatively, you can also search for other affiliate programs separately and enroll for them. Ensure that you do thorough research before selling any product. Check out about the commission rates, product return rate, if the product is really good and so on. Remember that you should at least get 3X ROI for every dollar that you spend on promoting that product.
- Affiliate Marketing Platform: Clickbank, Jvzoo, commission junction, wealthy affiliates
- Typical period to start earning: 3-6 months
- Typical earnings: A few thousand per month
- Difficulty level: Moderate to difficult
We strongly recommend affiliate marketing. If you are interested in learning everything about affiliate marketing and step by step implementation then we recommend the following two programs
4. Become A VBlogger
“I have heard about blogging but what is this Vblogging?”, you may ask. V Blogging is video blogging. There are millions of people who prefer watching videos than reading text.
The volume of video content is growing crazily. It is increasing exponentially. Even Facebook has realized its potential. You may be seeing more videos than images on your Facebook timeline.
Earlier it was only Netflix who offered video content other than television. Now there is amazon prime, Roku, amazon fire TV, zee5, Hotstar giving competition to Netflix. Not to forget about the new YouTube Premium.
But is Netflix going down?? Naah. In fact, all are thriving. That itself should give you an idea about the importance of videos. You don’t really need to start something at Netflix level directly. Start your video channel, TikTok, Snapchat and post regular content. If your content is good then soon you can monetize your channel.
Psst….. We will give you one tip for point #3 above. You can use product explainer videos, give your affiliate links and sell the products. You will stay one step ahead of your competitors.
- Vblogging platforms: Your own website, YouTube, Vimeo, TikTok, Snapchat
- Typical period to start earning: 6-12 months
- Typical earnings: A few thousand to a hundred thousand per month
- Difficulty level: Very difficult (Because creating video content is not easy but it is important to get started NOW)
Is There Anything Else?
Oh yes, there are hundreds of other ways to earn money online. Digital marketing, Cryptocurrencies, becoming a virtual assistant, online tutoring are to name a few. Feel free to explore them, but one thing remains common across all. i.e. the difficulty level. It starts from a difficult level and can really run into extremely complicated. But hey, if it was so easy then every Tom, Dick & Harry would have done it, right?
What are the other ways that you are making money online? we would like to hear about your experiences.