Making money online for some can be extremely easy. Much easier that the effort we put into our every day jobs in real world.
Today, we'll go through the major ways through which you can surely making a decent living online and also, I would like to put forward some streams that you should avoid wasting your time upon. I tried tons of schemes online, and wasted hundreds of hours.
The conclusion is this post it's self. Before we move forward, you can always go through some of the similar posts I posted in the paste. This topic is so vast and needs to be discussed every now and then so that more and more brothers/sisters could get benefited from it.
- How I Multiplied 250$ Into 11,000$ in 1.5 Years! Power of Investing In a Blog
- Why students in Pakistan / India must prioritize entrepreneurship over 9-5 job?
1- Create a Blog - Build Your Online Empire
Setup a blog in niche that you're in loved with or that has low competition in Google. Once you've your audience built up after blogging for 8-12 months, you can apply for Google Adsense and start monetizing our blog. There are couple of ways through which you can make money with your blog.
a- Setup Ads: You can setup Ads and use platforms such as Google AdSense, BuySellAds etc. There are couple of other Ads delivery network but they aren't quite profitable.
b- Promote Products/Affiliate Marketing: You can become affiliates to different companies that offer products same as in your niche and promote their products. These companies offer commissions on every sale that you'd make.
For example, I use Bluehost for my sub domains in BloggingeHow, and thus I love to recommend it to my readers. As I trust the product my self, I believe in it.
Like wise, you can go through Affiliate marketplaces to choose different products that you think are suitable for your niche. Clickbank is one great example.
c- Monetize Email List: If you have spend some time researching about blogging and how to succeed, one basic and most important blogging tip that you would get is to 'create your email list'. This is so core and important which you'd only realize once you're 1 year into blogging.
Here, you should read: 6 reasons to get started with aweber - you'd be foolish otherwise
You can put Adverts in your email broadcasts/Newsletters that you can charge on monthly basis. Platforms like BuySellAds allow putting adverts in email newsletters.
Also, if your email list is of high quality, meaning by that people in your list are actual buyers and are targeted towards the product you are affiliate to and promote on your blog, you can also recommend this product to your list and get some extra profit out of these audience.
d- Offer Services: You can offer various services on your blog such as 'Skype consultancy' in a field that people believe you're experienced with. There are many bloggers out there that offer 'Free WordPress Setup Service' which I offer my self too. Such services are helpful for the people who either don't have the skill to do it, or are short of time.
In any case, you can earn from offering services to your blog's audience.
You can also read:
2- Create an Event Based BlogThere is a huge potential to earn through event based blogs. Event based blogs are the ones that are short lived and are only aimed for a particular time period and targets a set event. For example, you would notice tons of blogs/websites popping up for free coupons and deals before New year or Black Friday or specially on Christmas.
Bloggers build blogs (2-3 pages max) before these event and try to rank them on the first page of Google. On these blogs, they either have banner ads setup, or they promote a particular product and earn commission from it on each sale.
When the actual event arrives, Google would bless them with thousands of visitors which would help them earn big bugs. Some people only do event blogging.
But the down side is that you're not able to build a brand name and loyal fans. After 30 years of event blogging, no one would recognize you with a brand name.
3- Write For Other Blogs
You can write for other popular blogs and earn a reputation online. With time, as your portfolio would become strong, you would be able to earn more on per article basis.
4- Become a YouTuberIf you're crazy about making videos, then you can earn a decent amount on YouTube. I've seen people rising up on YouTube from nothing to well known celebrities who now tour different countries to visit their fans.
How cool is that.
YouTube have their own YouTube's partner program through which you can make money with your video by displaying Ads around them. As YouTube is owned by Google its self, these ads are Google AdSense ads and the process works just like how you would earn through any blog and Google Adsense combination.
5- Freelancing - Monetizing your skills
With popular freelancing sites such as Freelancer.com, Elance.com, Odesk.com and Fiverr.com, you can offer your skills (Any skill that you have can be offered in these platforms) and you could meet up with potential clients who would give you big orders.
People have become millionares through freelancing. Once they get a decent setup, they build up their own companies and outsource the projects they get.
Freelancing is huge now days!
6- Selling Products on Ebay/Amazon
If you're good at marketing, you can promote third party products on sites like Ebay/Amazon and earn commissions just like in Affiliate marketing through blogs.
This requires quite a skill as you need to coupe up with the competition as there are tons of people already doing this. You'd have to research your marketing first on these platforms and the prices that those or similar products are priced at.
Conclusion - Yes You CanIf you have that urge and dedication that you can certainly make money online. With every business, there comes failures. It's pretty hard to not face any failure along the way, but what makes you a champion is that you don't quite at that point when you're down.
I hope this post would help you out to start somewhere in the field of your interest and never look back.
Best of luck
P.S For some motivation, I have attached these posts for you. Every time I read these again, I aim not to waste any moment more of my life :) Cheers.