No matter what method you end up using to generate an income on the web, you need to adjust your mindset to help empower you rather than discourage you. The truth? Making money online can be fraught with avoidable pitfalls. There's no shortage to the rah-rah cheers of internet marketers looking to find ways to ensure they part you from your hard-earned cash. The trick? Cancel the noise and get to the real meat and potatoes, so to speak.
Clearly, there's a lot of demand on Amazon, and if any product is going to sell, it's going to sell well on Amazon. But the goal here is to source the right products that will easily sell at the world's largest online retailer. Generally, products between $10 and $50 sell very well here. Just be sure to do the right market research before jumping on this bandwagon.
Lending Club (U.S. Residents Only) – I’ve been talking about this site ever since I started this blog, so there’s no reason to stop now. Lending Club is an important part of my passive income strategy. I discuss it in all of my income reports, so you can read those for more detail. As I’ve said several times, I believe this is my only true source of passive income.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.
51 Talk (also known as HAWO) is a well known language education school that’s listed on the New York stock exchange. They describe themselves as “the best and largest professional online English school in China,” and employ more than 12,000 people globally. Most of their teachers are native English speakers from other countries who use their computers to conduct remote… Read More
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
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.
E-mail marketing is one of the oldest forms of making money online. As the old cliche goes, “the money is in the list.” Within the MMO niche, e-mail marketing has become somewhat annoying, but there are some people who still do it well. I like to think my newsletter subscribers get value out of my e-mail, as I very rarely promote anything. I think e-mail marketing is critical, not just because it’s a way to drive traffic to things that make you money, but because it’s another way to stay in touch with people who follow your website, blog, or brand. I only use Aweber, but I thought it would be helpful to include a list of alternatives. I’ve noted the ones that are free.
Drive for Uber or Lyft: If you're in a locale where you can find Uber or Lyft (or even one of the many competitors around the world such as China's Didi), you could easily make a respectable income. The hours are flexible and you can work as you see fit, making it perfect even if you currently have full-time employment but are looking to make some money on the side.
White labeling products involve purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
There are times when many of us find ourselves in a bind and we need money today, even if it's just a couple of bucks. Fortunately, there are some websites you can use to earn fast cash online. I'm not going to lie to you, many of them are just extra cash online and will never replace your income. Regardless, they can save you in a pinch when you need it most if you use them regularly and allow the money to build up.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Become a virtual assistant. Virtual assistants perform a wide range of services for their clients, all of which can be completed online. Depending on the day, they may open and reply to emails, schedule online work or blog posts, write mock-up letters and proposals, or perform data entry. You can look for virtual assistant jobs on sites like UpWork.com and Problogger.net.
Tools & Resources: I’ve written a pretty comprehensive guide on the best web design software that covers both free and premium software packages. If you’re serious about becoming a web designer, then I recommend purchasing the full Adobe Creative Cloud Suite. At $49.99 per month, this is probably a bargain considering what you can achieve with this set of tools.
The peer-to-peer concept is coming to virtually every corner of human existence. That includes the hospitality industry. Through AirBnB you can actually rent out your house for various lengths of time for a predetermined fee. That gives you an extra income on your house and gives the visitor the benefit of having an entire house, rather than being crammed into a single hotel room.
If you are really short on cash and need some immediate funds then you should start by looking around your house. Clear out your cupboards and find any items lying around that you don’t need or haven’t used for a while. Then sell them on eBay. Just because they are gathering dust in your cupboards, doesn’t mean someone else won’t snap them up. Simply sign up with eBay, list your products and then, as they are sold, send them off to the buyers.
Advertising – This is definitely probably the most old-school means of earning money that has a blog. It’s also starting to become minimal common way. You can sell advertising spots entirely on your site or you can sign up using a company like Google AdSense or Media.net | One of the largest ad-tech companies worldwide. Either way, you won’t experience a whole large amount of money from ads until your views are very well into the thousands everyday.
If you know your way around a computer and can type fast, consider doing paid tasks for companies on the Internet. You can do data entry, web design, researching information and so much more. You can register for online micro-task companies. You will get to work with clients who need to get projects done and will be able to work from the comfort of your own home.