In some cases, you may want to design your own products (we’re talking simple things, like t-shirts, magnets, mugs, etc.), but you don’t want to take on the cost of having inventory that you can’t sell. The below options are great for this situation – for the most part, it’s free to set up a virtual storefront, and you earn money when your products sell (and if nothing sells, it costs you nothing). These are generally great if you already have an established brand and want to sell your branded gear.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
Creating space for banner ads on your website is another way to generate a revenue from adverts. However, for this type of advertising, you will need to contact businesses directly and ask them if they would like to advertise on your website. The upside is that you can charge a set amount, or even a recurring monthly fee, to business to promote their services on your site. Using a WordPress plugin like AdSanity is an effective way to manage this type of advertising.
Thanks Howie. Also, I can’t believe you’re selling the rights to that course! It’s definitely a valuable product, although I don’t think I have the time to add it to one of my projects. Someone else would be much better equipped to take it to that next level (like Pat, as you mentioned – although I’m assuming he has too many projects on his plate at the moment).
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.
A popular tactic to make money on social media is to pay for advertising affiliate products. Create ads for particular affiliate products that are big sellers and have a high yield. Then target these ads at specific custom audiences to ensure your ads are viewed by those who will have an interest in the product you are promoting. If viewers click through your from advert to the product page and make a purchase then you will earn an affiliate fee.
Now, don’t just write one book and expect to earn a full-time income from that. What you want to do is write a series of books and start to gain a following. Whether you’re writing fiction or non-fiction, really try to keep everything within’ the same niche and within’ the same industry. Once you do that, you can start getting a following of people who are highly targeted and every time you come out with a new book, they’ll be ready to download it immediately. That can take some time, but gaining a following is the best way to grow a legitimate long-term and sustainable business.
Products – You can create your product, like an ebook or software. You would then use your blog site as a promotion tool to obtain people to get your product. As long as you produce a legitimate product having a whole wide range of value, you need to be able to acquire some buyers, but like everything else having a blog, you’ll want the traffic to have the sells.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
Ether – This is actually a pretty cool concept. Essentially, you’re selling your advice via telephone (almost like a phone version of Just Answer). They give you a free Ether phone number (which forwards to an actual phone), you set your hourly (or by-the-minute) rate, and you can schedule times that you’re available for calls. You can also sell digital content via Ether.
Websites like Survey Junkie will pay you a decent chunk of change for the low-maintenance, borderline mindless task of completing surveys. Companies want to understand consumers better, and one way they do that is by compensating survey-takers. Most surveys pay between $0.50 and $1.25, and many of them take less than 5 minutes to do. You can read our full Survey Junkie review for more info.
If you are more confident in your skills, you can also market directly to websites and blogs. You can contact the sites by email to market your services. That will also enable you to select the specific types of sites that you are more comfortable working with. Since there are literally thousands of websites and blogs on the web, the potential market is limitless.
For those with a large Twitter following, you can make money from your Tweets alone with Sponsored Tweets. You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.
Surveys aren’t the best way to make money fast. But there’s a certain appeal to clicking a few buttons and earning money when you’d otherwise be doing nothing. Here’s our recommendation: Sign up for these legitimate survey sites all at once. Chances are, you’ll qualify for at least one or two surveys on each site a month, and the rewards will add up.
Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could even build up a Facebook group and use your influence there to sell and promote products.
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out namingforce.com and squadhelp.com. If you dream of coming up with witty copy, try coming up with company slogans on Slogan Slingers and Get a Slogan.
Thanks for the information cause I will definitely use it in my journey to make some good cash online… Right now facebook is a easy traffic getter for me… I guess a picture is worth a thousand visits if you find a high demand niche… But now I’m stepping it up with autoresponders to add to my arsenal for another stream of income… The plan is to get as many streams as possible by using the power of leverage… If anyone would like to know another legitimate work from home opportunity to add to your extra online income arsenal… click my name and it will take you to the site
Make the most of your spare space by listing it for short term rentals with Airbnb. If you know how to be an Airbnb host that wows their guests, you have an amazing opportunity to make money fast. By creating a wonderful experience for your guests, you’re setting yourself up for great reviews and lots of repeat guests. Check out our complete guide on getting started as an Airbnb host.
Take for example, my company, Drop Ship Lifestyle. I love eCommerce, and I loved eCommerce years before I started creating online courses. It’s what I read about, talk about, dream about, etc, etc. By having online eCommerce courses, I can spend even more time (and add another revenue stream to my businesses) just by teaching people something I am passionate about: eCommerce.
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
I have been thinking about going into Affiliate Marketing for a while now. I know it seems easy, but really is not. That is why I have yet to do it. I know it takes quite a bit of traffic. I have some other things brewing anyways. If they do not work out, then that may be my next step. I have a really good feeling about what I am doing right now anyways. I am making a pretty decent amount of money already. I just hope it stays that way. :]
Side note: I could have easily used affiliate links for the majority of the items listed below, however I have decided to only use affiliate links for services that I actually use, or ones that I’ve seen highly recommended. The vast majority of these links are not affiliate links. I want this article to be a valuable resource, not a source of income for me. If you use my affiliate links, I may earn a small commission, but I will greatly appreciate it!
However, like anything else truly worthwhile, apps require a significant investment of your time or money upfront. If you don't have the skills, then you have to hire someone who can assist you in creating a great app. But first you need to come up with an idea that will sell. Do the proper market research and analytics to come up with the right app.
They often expect you to commit to working a certain number of hours per week, which is generally part-time. They will pay you an hourly salary for that work, so it is really more of an at home job situation than it is in an entrepreneurial way to make money online. Still, if you want to get involved in political activity, and you have the time and motivation, this could be a way to monetize that passion.
Infographics are currently an extremely popular type of media. An infographic showing information or data in an interesting and fun way can help engage an audience and generate numerous likes and shares. As infographics take more time to create than just simply uploading an image, busy website owners are prepared to pay for custom infographics. And don’t worry, an infographic can be created using simple design software such a Canva. So extensive graphic design skills are not necessary, just a creative eye.
If you live in an area where Uber or Lyft operate, why not become a driver? If you're looking to make some short-term cash, you can definitely rake it in by working for one of these popular car-hire apps. As long as your vehicle fits within the specifications of their program, and you have a clean license, you could do this on the side, especially if you're in a crunch for cash.
If you have ever dreamed of making your own stamp on the world and have some computer skills, create your own website and start earning cash. You can create a blog and sell advertising space, as well as websites in which you can sell your own products and services. There is no limit to the number of ways you can make money with your own website. Find a niche that interests you and explore how profitable it can be.