As you might guess, I think the #1 way to make money online is affiliate marketing. This is my all-time favorite method to make money online. You can make money selling ohter peoples products and services. In other words, you don’t have to deal with any customer service, you don’t ahve tod eal with storing any products, you don’t have to deal with any payment processing, and you don’t even ahve to hire any employees. Just create a website, get out htere on social media, start to advertise a little bit, and you will earn commissions on selling other peoples products.
Personally, I make most of my money through Amazon by writing Kindle ebooks, and so far I have been successful with it. Granted, the Kindle as a “device” does not exactly fit into making money “directly” on the Web. But again, I NEED the Web to publish my ebooks– and therefore, I make money through the internet, or with its help, at the very least.
Just as a personal example, I own a website called DogFoodInsider.com. Most of the articles on that site have been written using freelancers I found on Elance.com. So, I would post a job on Elance saying that I need reviews of dog food. A bunch of freelance writers would come back with how much they charge, their experience, why they are an expert with dog food and writing dog food reviews, and then I can go ahead and choose from the list who I will hire. So, Elance.com is great, anybody can join, and in fact, any of the above services are open to any freelance writers.
Videos are everywhere on the Internet and some work at home websites will give you the opportunity to get paid for watching them. Video creators get paid for every hit their video receives online. Those who are new to the business will often try to maximize the views by sharing small profits with those who are registered to watch the videos for pay. You will earn a few cents per video watched and can kick back on the couch while doing it.
There’s a high probability of passive income if you get to the top of the pyramid on these MLM networks. Multi-Level Marketing does take some time, so this is more of a marathon rather than a sprint. It takes some time to build a good sales team. So as long as you’re willing to start at the bottom and work your way up over time, Multi-Level Marketing can be a great way to earn an income online.
Signing up with Google AdSense will enable you to make money from advertising on your blog. Google AdSense will place relevant ads around your site, and if your site visitors click on these ads, you will earn a fee. Although each click only amounts to small change, if your blog has high levels of traffic and lots of page views this will quickly amount to a reasonable sum.
Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. Every decision that we make in life is weighed on a pain-versus-pleasure scale. We will always do more to avoid pain than we will to gain pleasure, plain and simple. However, this is also what holds us back from succeeding in any endeavor.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
You can earn above average rates of return because peer-to-peer lending eliminates the bank function. That means that you participate in nearly the entire interest rate being paid by the borrower, rather than the less than 1% that you will typically earn on certificates of deposit. And you can reduce your risk by investing in slices of hundreds of different loans.
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.
Any skills you have can offer you a legit way to potentially make money online, as well – think about it. Do you have fantastic Photoshop skills? How about photography – are you the queen of flat lays? Maybe you know how to build a killer social media schedule or plan an amazing event (like a party). Perhaps you’re a pro when it comes to designing WordPress sites. With a site like Skillshare, you can actually teach these skills to others online and earn an income off things you already know! It’s easy to get started and Skillshare offers plenty of resources to help you build your class.