Do you want to make money online? Are you keen to know some legit ways to make money online but couldn’t find one still? If yes, I have good news for you. Read this blog till the end and start making money online. In today’s world, the internet is not limited to entertainment and news. People are making thousands of dollars sitting at their homes. There are hundreds of legit ways to make money online but unfortunately, a huge number of people are not aware of those ways. On the other hand, some people are making huge bucks over the internet. Some are even turning their online ventures into a full-time job/business sitting at their home.
Now, it’s your turn! Are you ready to turn your passion into a profitable money-making machine but not sure what to do and how to get started? You might also wonder whether making money online is your cup of tea or not. Some people even think that they can’t be rich just by make money online. In this article, I will tell you the most common yet effective and popular ways to make money online that can make you billionaire if done properly with dedication and effort. Depending upon your choice/need you can opt these ideas as a full-time job or do it for making some extra bucks in your free time. Let’s begin!
1. Affiliate Marketing
Some of you must be already familiar with this term whereas some might be listening to it for the first time. For those who don’t know much about Affiliate marketing, I will make a separate article in detail soon. For now, you can understand this as commission/incentives for selling other’s products. Yes, you got it right. Even if you don’t have a product or service to sell, you can sell other’s products and services and earn much more than your expectations!
There are hundreds of affiliate programs you can use to start making money online. All you have to do is become an affiliate partner in any of those affiliate programs as per your choice and start sharing affiliate links of their products/services on various social media platforms, stories of your social media profiles, etc. I will suggest you start your own blog/website and promote those affiliate products/services. This is the best way if you are thinking in the long run.
This is personally my favorite. The reasons why I love this are listed below
- No need to have your own product/service.
- You don’t need to provide customer support to the buyers(brand will do that).
- No need to create marketing content(your brand will provide everything).
- Unlimited earning just by promoting products/services.
- Best in the long run.
- No target, no boundaries.
- One can do this as part-time just by promoting in their circle and make some quick cash.
All you have to do is pick a market that is profitable and start promoting them. Congrats! Now you will earn a commission every time a sale is made. It means you are making wealth even when you are sleeping on your bed or enjoying your life with your significant other. That’s why Affiliate marketing is one of the easiest and fastest ways to make money online consistently.
2. Start Your Own Blog
This is one of the most popular ways to make money online. You can start your own blog on any topic that excites you to write or perhaps you might want to choose a profitable niche to start a blog if you want to make a good amount. Again, for those who are new to the term of blogging, I will write a step by step guide on how to start a blog in 2020 in a separate article sooner.
Undoubtedly, you can make good earning from blogging however it’s not a get rich quick kind of scheme. It takes a lot of effort and patience to start making a good amount from your blogs. Also, you should have good writing skills to make your blog engaging. You can share your thoughts and ideas with people around the world or you might want to tell something specific you are expert at like I am doing via this blog.
If you wonder how can one make money online just by posting blogs, you might be curious to know that you can place ads on your blog which generate revenue or guess what, you can write a good review of a product/service and put your affiliate link which will generate commission. There are several other ways you can consider monetizing your blog however these are most popular and common among bloggers. You might be surprised to know that some bloggers are able to make around $20000+ every month from blogging but again, that requires a lot of patience and effort.
3. Publish E-Books
You might be a professor, an engineer, a doctor, a student, a housewife or whatever be your occupation, there is always something in your mind that you want to reveal to the world. It might be any skill, a thought, an idea, some good recipes or an interesting story. Writing an e-book is always a good idea. And guess what, you can publish an e-book for free on Amazon Kindle Publishing(KDP).
It has given thousands of people a great chance to become a published author and earn some money at the same time however Amazon charges a nominal fee on every sale.
Selling an e-book is not limited to Amazon KDP. There are several other ways to do so but this one is the easiest. Alternatively, you might want to sell your e-books on your own blog/website which is another way to monetize your blog and earn the name, fame, and money at the same time. This also allows you to sell the book at higher prices and escapes you from paying a commission on every sale. So eventually, all the profit is yours.
Publishing e-books is undoubtedly one of the best ways to earn passive income and become an expert in the market of your field.
Nowadays, with easy to use tools anyone can publish an e-book with a little effort or else you can hire a freelancer to design the cover of your e-book(content will be yours). You need not write long books that take months and years. Instead, stick to a niche and write precise content.
Arguably, the most popular and traditional way to make a lucrative source of regular income from the comfort of your home. If you have any specific skill, be it writing, graphics designing, painting or anything else, freelancing is the best way to earn a good amount of money with comfort and flexibility.
With the passage of time, freelancing is getting more and more popular among freelancers as well as companies. Companies are considering skilled freelancers for their specific assignments and that might be a piece of good news for you. Even a simple skill like typing or data entry can be a boon for you if you are able to grasp projects.
Companies like UpWork, Fiverr, Freelancer, Guru, etc. are paying a decent amount to freelance workers.
All you need is a computer or smartphone(depending upon the work), an active and reliable internet connection and a desire to do the work that your clients appreciate. Hopefully, these will help you in your professional career also(if any).
You might call freelancing a passive income stream however I consider it as one of the fastest ways to generate a good income and make money online.
5. Your own e-commerce website
Most of the people don’t look for going to market to buy something they want. Instead, they search on Google. You can grab this opportunity and start selling your products/services online via your e-commerce portal. The best way to do this is Drop Shipping, where you have to take the orders on your website and you can use a third party that manufactures and ships the product.
To excel in this field, you need to focus on a specific niche and stick to that.
Additionally, you can sell your products on Amazon or any other e-commerce giants by becoming a seller. This is also an easy way to sell your products online but you need to pay commission to the store.
6. Online Courses
If you are skilled at something and can teach others, you might want to consider making online courses and sell it on Udemy. If you search, you can find courses online on almost everything from writing an email to build an e-commerce website or even Entrepreneurship.
There are people who have made six figures or more selling online courses.
You can set up your online course via a platform like Teachable and make money online. Teachable is a kind of best platform for those who are looking to create and sell online courses.
7. Online Surveys
Taking online surveys is one of the easiest ways to earn some extra cash in your leisure time. Various market research firms and some brands always look for people who are willing to give their opinion on products/services. Depending upon the firm and survey you might be offered $2-20 per survey.
There are companies like Swagbucks offering a decent amount but to be honest you can’t become a billionaire by taking online surveys. You can do this for some quick cash in your free time. I suggest sticking with the companies that offer plenty of surveys to take and pay a decent amount for your honest opinions. Also, limit yourself to a few companies and stop using the services that don’t end up being worth your time.
8. Become An Independent Contractor
As an independent contractor, you have the freedom to schedule tasks at your convenience. You are offered complete freedom to choose when and how much you want to work. For any given day, you are free to work more or less as per your convenience and urge.
A huge number of projects on a variety of topics are available for independent contractors and payout is pretty good. Some of the crowdsourcing companies which offer these kinds of work are Appen, Lionbridge, iSoftStone, Leapforce, etc.
Here is the tutorial for how to become an independent contractor for Appen and make money