This is something that is fairly easy to learn and also in high demand. On Windows, one good program to edit audio is Sony Sound Forge. I use Sound Forge Audio Studio, but if you are doing this professionally, you might consider the upgrade to Sound Forge 9. Get the hang of editing out “um”s and “ah”s from audio. Even better is understanding the “flow” of an interview conversation and editing out portions that don’t make sense. Finally, learning to find and add intro music really gives podcasts that professional touch. Advertise your services on oDesk or eLance. I pay people to do this for the podcasts I am setting up on Inspiring Innovators, and it’s a job that can definitely be done from your house.
Have old electronics (smartphones, laptops, tablets, or computers) that you no longer use? Sell them on Gazelle. Search the site for the type of device you have and instantly receive an offer. Once accepted, they'll send you a pre-paid box so you can ship the device back to them. It will take a day or two to process and verify your device and then payment is issued via PayPal 3 – 5 business days later.
If you want to find a way to be able to mention products that are on sale more frequently on your website one of the easiest ways I’ve done that in the past is to just do a weekly deals post. So what I’ll do is publish a post every week with the best deals for my niche and then incorporate all of the previous tactics I’ve discussed above to link to the products on Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more. Depending on how often you publish articles you could do it more or less frequently (I’ve seen some websites do these style of articles every day).
When you use Snagshout to create honest reviews on the discounted products you shopped for, you can receive some pretty huge discounts. In some cases, discounts are as high as 90% off the regular retail price. You can even get a lot of free stuff, and many items will only cost you a dollar. You aren’t necessarily getting paid to shop, but the discounts are so great that it is the next best thing. You can even write reviews on the go from your smartphone, set a VPN on your device so it looks like reviews are written from different places and people.
People have been making money playing wow for a long time. ESL, blizzcon, and several other gaming leagues offer several thousand dollar purses for top finishing teams ($75,000 is the highest payout i've seen). I played wow for a short time in college and sold my account for $800; however, the character was fully upgraded. People also sell in game currency for real currency. Crazy stuff.
As a blogger, I love the Amazon affiliate program. As an affiliate, aka Associate, you earn a commission on every sale you refer to the site. While many complain the rates are low, they do offer a progressive earnings structure on most general merchandise. The more you sell, the more you earn – from 4% to 8.5%. Amazon also has several “Bounty” opportunities where you can earn a set fee of $3 to $25 for referring people to sign up for Prime, Amazon Student, Audible, Baby & Wedding Registries and more.
Enjoy making silly videos? Even short, silly videos can sell products online. Find an product worth promoting that has an affiliate program, then target your video toward potential customers of that product. In your video summary on YouTube, place your affiliate link for the product, and after the video, do a 30-second still frame showing a short URL where people can buy the product. If your video is funny, informative, or useful, you may sell some products. Big tip: Try to promote a product that makes you a fair amount of money for each sale, but doesn’t cost a whole lot for the potential customer. You can find products on Commission Junction, for one.
Right on read, Robert. I am pretty well versed on the majority of methods you provide or touch on… however, the one I want to learn the most about “Content Locking” goes to an inactive link. My independent search isn’t doing much better. Is there something on the serious downside to this monetization method? Can you lead me to something that provides; pros, cons, and/or the how-tos of Content Locking?
Become a blogger’s virtual assistant: Bloggers need help. There are endless things they could be doing every day and just don’t have the time to get them done. To fill the gaps, bloggers hire virtual assistants. One common way VAs help bloggers is by managing their social media accounts. To learn more about what it takes to be a VA see: How to Become a Virtual Assistant.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
I hired David from Web Geek 4 Hire to upgrade my blogs and install new WordPress plugins. He charges $5 to upgrade a plugin…great for him, since most plugins only take a few minutes to upgrade, and great for me, since if anything breaks, David gets to clean up the mess! You can make this a full time position; there is a ton of demand for these services. Find customers by contacting bloggers directly. Get references from bloggers who understand the value of outsourcing these tasks.
Now, this isn't about some get-rich-quick method here. If you want to get rich quick, forget about trying to do it on the internet. Sure, Facebook ads are all the craze, but without a serious understanding of the mechanics behind sales funnels and conversion optimizations, which only comes after years and years of in-the-trenches work in the internet marketing field, you're largely wasting your time trying to "get rich quick."
Are you a professional in a field that can help answer questions for people looking for your expertise? Websites like JustAnswer and LivePerson match you up with people looking for answers to technical or professional questions. You can make money online by simply answering these questions and providing the right information to people based on their individualistic circumstances.
I need to be more regular in my donating / giving so I wanted to tie a specific dollar amount that I’m looking to accomplish. I know it’s kind of odd that I’m including this goal in a blog post as most people are pretty private about what they give to charity, but it’s on my white board so I guess it’s on the blog post lol. Throughout this year I will occasionally release products or software and state in the sales material that (for example) the first $5,000 purchased worth of this software will be going directly to Charity Water. Continuing with charity water as an example, after I would reach that sales figure I’d then make a donation to a Charity Water campaign as well just to prove that I was actually making the donations. You’d have to be pretty evil to say you were going to donate money and not actually do it though.
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
Most of the virtual income opportunities I’ve discussed in this article are focused on older kids, usually teens, who are now pros at games like Halo or World of Warcraft. But, what about those little ones who’ve grown tired of their Webkinz account (or should we say their Webkinz mansion) that they’ve spent several years building up. You’ve spent lots of cash buying those little stuffed animals and collecting codes, and your little kid spent hours playing games and collecting cool Webkinz items for their Webkinz home. Is there a way for your child to rake in a little cash for all of that effort? You bet there is – help them sell their Webkinz home.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.
This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
Use automation. Use automation technology to send thousands of emails to customers on your marketing list. Software can segment your list and send targeted, timed emails to your customers. It makes your customers feel like you are reaching out to them personally. Email automation software companies include MailChimp, InfusionSoft, Marketo, HubSpot and Eloqua.
What does that mean for you? It means Nielsen will pay you $50 a year to keep their app on your favorite internet browsing device. The app itself collects statistics on your internet usage anonymously, so you never have to worry about any data being linked to you. And the best part is, the app takes up barely any space and doesn’t slow down your phone or tablet at all!