Buy and sell domain names. If you’re good at finding popular yet undiscovered domain names, you can make some cash on the side by buying and reselling websites. Think of it as digital real estate speculation. Domains are available on GoDaddy.com for as little as $2.99 per year, but are sometimes resold at far higher prices: According to Business Insider, the site MM.com sold for $1.2 million dollars in 2014. Once you find the perfect domain name to resell, you can market it on Flippa.com for a flat fee.
With that said, I find Ebay is better for supplemental income instead of a full-time income. But you CAN grow a full-time business on Ebay if you choose to. I simply prefer other ways to make money online. I don’t like to rely on Ebay or any single company to grow my business, so I tend to use Ebay for things that I find to be fun like garage sales. It’s not something I like to earn a full-time income from, but others do choose to grow an entire business centered around Ebay. If it’s really something you enjoy, you could do the same.
A website called AchieveMint gives you points for engaging in healthy activities, like exercise, tracking your eating habits, or even taking health related surveys. Points can be redeemed either for cash (10,000 points are worth $10) or for Amazon Gift Cards. The app actually connects with other health apps, like Fitbit and MyFitnessPal, to track your progress.
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. Russell Brunson often says that if you do a webinar every single week for a year, you'll be a millionaire at the end of it. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence.
Travel blogging is a hard industry to break into. However, the rewards can be worth it, and let’s face it, who doesn’t want to be paid for traveling around the world! There are numerous ways to monetize a travel blog, but affiliate marketing should predominantly be your focus. On your blog, promote hotels, tours, equipment hire services, flights, and anything else travel related. Then take a cut of the proceeds as your audience books their holidays based on your recommendations.
When creating a membership site, always offer different plans and pricing tiers to appeal to your different categories of audience. Access to specific types of content is then dependent on the plan selected by a member. Membership fees can be a one-off payment or a repeat subscription. And you can even sell products on your membership site to boost your income.
However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. And by far, the best webinar platform out there is certainly GoToWebinar. Hands down, there isn't even another platform that comes close.
You may have a strong opinion about politics or that you have something to say about AIDS prevention in South Africa. You may believe there is a serious conspiracy going on with the NSA surveillance program, or there is a serious lack of compassion in our society nowadays. You would like to talk about the great sex you had last night, or you just want to let go of your frustration after a tough day in the office.
Social networking is the name of the game these days, which has led to a proliferation of interactive sites – from social media giants Facebook and Twitter to open web forums like Reddit to private forums on company and personal sites large and small. One thing these sites all have in common is that they require moderators and content specialists – people monitoring interactions, ensuring they follow the terms of service and maintain the level of etiquette required by each site. Brands hire moderators (and customer service reps) to babysit their brand image on social media, responding to complaints and making sure everyone has a positive experience – as much as possible, anyway. While some companies handle moderation in-house, there are a number of companies out there looking for moderators – and it’s something you can do part-time!
Retain some control. If you upload photos of yourself, or friends/family with consent, it's worth going for the 'rights managed' licence option – otherwise you'll have little to no control over how your images are used (eg, you could star in an ad for haemorrhoid cream). See Alamy's page on understanding stock image licensing for more on the different types of licences.
Work as an online interpreter or translator. If you’re fluent in a foreign language, it makes sense to look for work as an online interpreter or translator. Depending on your individual skillset, you could find work translating blog posts or eBooks, transcribing recorded lessons or speeches for clients, or translating through Skype or another online video service. And, thanks to the increased use of foreign languages in the United States, getting started could really pay off. According to the Bureau of Labor Statistics, employment for interpreters and translators is expected to increase 17% nationally through 2026.
Manage social media for businesses. If you have a knack for social media, you could potentially get paid to manage various platforms for others. Many businesses are too busy running day-to-day operations to stay on top of their Facebook, Twitter, and Pinterest accounts – and will pay someone with the knowledge and time to do it for them. To find these jobs, ask local businesses and check sites like UpWork.com and Problogger.net.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Considering I have actually done this business model in the past, I can say the biggest benefit of making money online by coaching is how rewarding it is. With coaching and consulting— the people that work with you, that pay you for your time, especially if it's a small group setting or one-on-one— are going to be passionate about what you have to say and they are going to be there for a reason. They are going to be showing up for your calls because they are paying you. They want what it is you have to give.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
As well as selling your eBooks, Amazon can also create paperback copies of your book. CreateSpace, an Amazon-owned company, will help you self-publish your book. A relatively straightforward process, you must upload your work to CreateSpace and submit it for review. Your book will then be displayed on Amazon, and printed on demand and shipped by CreateSpace when purchased. And you can collect up to 70% royalties for each book sold.
Once you’ve gathered a list, put together a template outreach email (as you’ll be doing this over and over) that’s short and clear with expectations. Tell your potential interviewee who you are, what your podcast is about, and what you’re asking of them. Do a few test interviews with friends and family to make sure everything is being recorded at the quality you want and then book your first episode.
With an ebook, there is no need for publishers, editors, printing companies, etc. So, you basically just write the book, you edit yourself and overhead is extremely low. You do have to share a small portion of your revenue with Amazon when you sell a copy of your book, But you’re not paying anybody up front. The only time you have to pay Amazon is if you make a sale.
Using Fiverr is a great way to pick up work. Once you have signed up you can advertise your services. Fiver allows you to create your own gigs, whether you are offering web design, digital marketing, writing, or something else. You can choose how much you want to charge (it can be more than a fiver) and people will then contact you if they are interested in working with you. Fiverr will not only help you get experience if you are just starting off as a freelancer, but it will also help you earn some extra cash.
Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses from their own websites. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
I don’t frequent these forums too often (and there’s often a lot of garbage to sift through), but there are some gems of information here. It’s usually a good place to check on reviews of various SEO software, see what people think about different changes in the MMO world (like when Google changes their ranking algorithm), and other miscellaneous MMO/affiliate marketing topics.
Learn then selling guidelines. Each marketplace has guidelines that define what you can and cannot sell. State and federal laws also impact what items are prohibited. In general, you cannot sell alcohol, weapons, service contracts, animals or event tickets. Also, while not always prohibited, you may find restrictions on how you can sell items in some categories, such as art, gift cards and coupons. eBay, Craigslist and Amazon publish these guidelines on their websites.
I really like your list because it shows that there’s no one single way to make money online, but rather there exists a multitude of opportunities. In fact, if you’re smart about it, it makes sense to attack multiple opportunities because diversification drives financial stability. This is one of the things I’ve really enjoyed about your blog all along – you personally go after multiple online income streams such as niche sites, blogging, affiliate marketing, article marketing, and peer to peer lending. I am ALL about that same strategy both online and offline because stuff happens and diversification is the key to protecting and building wealth.
If you have some money to play with, a creative method of income is through private labeling. The practice of private labelling essentially involves choosing a product you’d like to sell, sourcing a generic version of that product for resale, creating your own brand, and selling your products through Amazon. It may take a significant investment of time to set up, but you can set it up so it’s all automated and hands-off after you first launch. Ship your product to Amazon, Fulfilment by Amazon (FBA) will handle shipping (and returns) to your customer, and you collect the money you make.