How Can I Make Money Online?
Keep scrolling if you want to earn extra money without breaking a sweat. To save you time and hours of research, I’ve created this extensive list of online money-making ideas and gigs on the side. You need to set aside some time to read through the list, and I’m pretty confident you’ll find one or two you quite like the sound of.
1. Affiliate Promotion
You may already know that affiliate marketing is one of the oldest online moneymakers. Here’s how it works:
- As an internet entrepreneur, you’ll need your web presence: a website, blog, social media platforms, landing pages, sales pages, banner ads, or e-commerce sites. But instead of selling your products, you sell the effects of other companies. You can use several of these combinations, if you like, as long as you get your marketing message to the public.
- Then, pick a hot affiliate niche market with many potential customers. Look at social media to identify trends and see what’s hot on sites like Amazon and CJ Affiliate.
- Give important content and marketing messages aimed at your prospects.
- When customers on your digital platform click on a link to make a purchase, they are taken to your affiliate partner’s site to complete the transaction—and you get a commission for every completed sale. The best part is that you don’t have to deal with shipping or customer service.
Affiliate marketing is one of the fastest and easiest ways to start an online business because all you have to do is promote the products. You don’t have to worry about creating products, setting up payment and delivery systems, or handling customer support.
You drive the traffic and get them to click over to the companies you are promoting as an affiliate, and if a sale is made, you get a commission for referring that sale.
2. Amazon, eBay, Etsy, and Craigslist sales
One of the quickest ways to get started selling online is to leverage the power of third-party sites. E-commerce giants like Amazon, eBay, Etsy, and Craigslist are potent sales and marketing platforms with a built-in prospect base. Millions of people regularly shop on these sites, and the numbers keep growing.
These mega-sites make it easy to set up shop so customers can browse your products, and there’s no need to build your website. Also, you’ll find a built-in search feature so that interested buyers can easily find your online storefront. Plus, you get to use the site’s shopping cart. In short, you avoid a lot of the expense and hassle of setting up an independent e-commerce website.
Amazon: With Amazon, you can even have them fulfill your orders. The digital retailer also claims to have over two million sellers on its website, accounting for 40% of all sales. Another benefit of using Amazon (as well as these other third-party sites) is that people already trust them and are more likely to buy from them than from their independent websites if they had one.
eBay: With eBay, the procedure is very similar. You start by becoming an eBay seller and stay in good standing by making sure your PayPal account is verified, and then you can sign up for your store. These three steps allow you to piggyback on eBay’s reputation, reach, and sales and marketing infrastructure to sell your products. Though you can list a single price on eBay, the significant benefit of their platform is the auction system, which lets your prospective buyers get into bidding wars, driving up the price you can sell at with the items you are listing.
Etsy: If you’re crafty, Etsy is where you should set up shop. The web portal is focused on handcrafted and unique, one-of-a-kind items and has 1.5 million sellers worldwide. And, like Amazon and eBay, you can set up your online shop on Etsy’s site.
Craigslist: Perhaps one of the oldest sites for listing items for sale, this is still a great place to list and sell items.
All four of these sites are a straightforward way to start your digital career, although you have to pay fees ranging from $0.99 per item for Amazon to $0.10 for eBay to $0.20 for Etsy.
Old-fashioned blogging is alive and thriving. If you provide valuable content regularly, you will attract like-minded people interested in your niche information and products. Your readers are compelled to keep reading to find out more and buy.
These people are primed to buy your products via ads or affiliate links in your posts. Why? Because you’ve been providing applicable free (targeted) content, and people have come to know and trust you.
4. Niche E-commerce
As a startup internet entrepreneur, you’re not competing with e-commerce titans or major retailers like Walmart. You also don’t need a warehouse or a logistics system to sell your wares.
What you do need to succeed is to narrow your focus. In other words, find your niche and stick to it. That way, you become the go-to expert and appear high in the search engine rankings.
5. Create Your Own YouTube Channel
Top YouTubers can make millions each year, and that includes 5-year-olds. Take PewDiePie, who has made more than $15 million by filming himself playing video games. But you don’t need millions of viewers to make money on YouTube.
Some ideas for valuable videos include how-tos such as recipes, unboxing (where you open a product for viewers), food and travel reviews, music videos, comedy skits, etc.