So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
Selling clothes you no longer wear is a quick way to make some money. Start with local consignment shops for faster cash, or use sites like ThredUp and Poshmark to find buyers. If you go the online route, be sure to take clear, well-lit photos of your pieces and research similar items to set competitive prices. Get tips on how to sell your clothing.
Konga is one of the largest websites in Nigeria. Sell to over 50 million buyers across every state in Nigeria. Commission fees are as low as 3%, and you only pay when you successfully sell your product. You choose the price for your listings, whether or not you accept Pay On Delivery, your return policy, your delivery method, and other important options.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
If you have a background in a specific field, you may find there is a demand for writing industry papers in your area of expertise. For example, there are often adverts for doctors, lawyers, nutritionists, and business experts from particular niches, to write white papers on different subject areas. These are well paid jobs that you will need to stake your reputation on, but that can often be worked on from the comfort of your own home.
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
The Chase Freedom Unlimited offers 1.5% cash back on all purchases. You can redeem that as straight cash, a statement credit, or as gift cards to many different merchants. Thanks to a 0% introductory APR, lack of annual fee, and sign-up bonus, Insider Picks reporter David Slotnick calls it a no-brainer and "the perfect card for just about everyone."
Affiliates – There are many affiliate networks, like FlexOffers and CJ Affiliate that permit you to promote other people’s services and products. You simply put the link or a banner on your own page and after that you obtain a percentage if somebody clicks through and buys the product/service. You’ll wish to select goods that are specifically within your blog post’s category.This is an effective way to generate once you have the traffic coming to your blog post.
Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
Babysitting isn’t just for teens. Everyone from college students to recent retirees can make money watching other people’s children. Word-of-mouth referrals from friends and family are still a great way to get started, but you can also create a profile on Care.com or Sittercity to expand your reach. Note any specialized skills, such as CPR certifications or experience with special needs children, to make yourself more marketable.
This is similar in concept to micro-tasks, except that it is oriented toward specific services, such as cleaning services, pest inspection, handyman services, house cleaning, lawn & garden services or any of the skilled trades. It might actually be more accurate to say that it is a platform where skilled service providers can offer their services to site visitors, similar to Angie’s List.
If you have nothing of value to sell from home then retail arbitrage might be a better option for you. Many people partake in arbitrage to earn a little extra money, and for some, it has even become their full-time job. Retail arbitrage is the buying of goods at a low price and then selling them on a different platform at a higher price. Sales in shops provide ideal opportunities to pick up products for next to nothing. These can then be sold on eBay or Amazon for higher amounts, making you a nice profit.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
Money can be earned and spent, saved and pilfered, invested and wasted. Not time. That's why time is far more valuable than money. The point? When you lack the luxury of time, making money online (or offline) can seem like an impossible task. How are you supposed to do that when you're working at a life-sucking nine-to-five job? While the stability of full-time employment might allow most to sleep well at night, it doesn't empower your creative juices to search for new income-producing strategies.
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Install WordPress. WordPress is king in the content management system arena. Please don’t use Blogger. If you have aspirations of taking your site to the big time, you will eventually want to switch to WordPress. Bluehost will often (if not always by request) help you with this part because it is super easy. WordPress has one click installations now so you’re lucky. Back in the day I was still fiddling with the FTP server in hopes that my files would transfer completely without a hitch.
Outstanding list post Eric, I too love list posts. Actually had to open up my Evernote and copy this stuff down. I’d like to share a couple of really outstanding resources for online business professionals: fizzleshow.com (These 3 guys are brilliant, they provide an online community and outstanding learning for new business owners) and Empire Flippers – (Both those guys are funny, smart and helpful, which is always important in a great resource!). Thanks and looking forward to more valuable stuff!
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
For sure! I think that’s something Jeff and I have learned rather quickly is to definitely not put all your eggs in one basket. We had 1-2 affiliates that we promoted for the longest time that were by and large our main sources of income. We realized that if we lost even 1 of those affiliates we would be in for a huge world of hurt when it came to our monthly intake.
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Every year, hundreds of millions of documents are notarized in the United States: wills, mortgages, citizenship forms, handgun applications. While for decades, this has all been done in person, there is a budding crop of sites that allow notaries to take their services online. If you’re already a notary, you can sell your services online. Or, if you want to get started, check out the National Notary’s checklist for becoming a certified notary.
You’re here because you want to learn how to make money online. Most us us do, and, you’re not alone. Most people do and we all have different reasons for doing so. If you’re like me, then you want to spend more time with family and avoid the hustle and bustle of a daily commute. For others, making money online means owning their time and not having to answer to anyone else.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
This is one of the classic online work opportunities and well-suited to picking up in your downtime. All you need to do basic transcription is the ability to listen and type what you hear – correctly – at a respectable typing speed. On average, it’s best if your typing speed is around 65 WPM and that you can maintain accuracy of at least 95%, though you’ll find that most transcription opportunities urge you to maintain 99% accuracy. Many transcription companies pay per audio hour transcribed, so it’s in your best interests to be as quick and accurate as possible to maximize your earnings. You can often make more by having the background to specialize in medical or legal transcription.