One of the great things about the Internet is that it can connect people and companies almost instantly, and companies have found out about it. Companies have found that they can receive almost instant feedback about their products, services, or ad campaigns through the Internet. This is called market research, and before it used to take companies hundreds of thousands of dollars and many months to find average and sometimes outdated data.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
This site is an interesting one, its not like Bing, Swagbucks, GiftHulk or InstaGC. In fact its a pretty unique way to make money online. On Slice The Pie you review music. You listen to all sorts of music, usually new stuff. You listen for at least 1 min and 30 seconds and then write a short review. My understanding is that the review gets sent back to the artist. Depending on the quality of the review you can get paid up to $0.25.
Fixed-price advertising is when you set a flat fee for your ads, a setup that tends to attract smaller advertisers with a very specific budget. I’d also recommend BuySellAds for this due their extensive range of tools that can help the smaller website (those with less than 100,000 impressions) sell their inventory directly to advertisers. Fixed pricing = clear expectations.
Great article, I have tried a few over the years. I had a side business cleaning offices for years. It did great, but I hated never being able to take more than 3-4 days vacation, so I eventually gave up. I tried MTurk, but if you multiplied my earnings on an hourly basis, it was a little over $6/hr. My blog is much worse, probably less than $0.25/hr.
Certain niches are easier to get into. Believe it or not but there are plenty of amateurs making money writing short romance novels online. These short stories could be in a specific niche like erotica, historical, paranormal, time-travel or LGBT. Other amateur writers can be found writing science fiction, mystery or thrillers too. Stories are usually priced in the $2.99 to $9.99 range with ~60% going back to the writer.
At first, Second Life was a huge online community that was mostly just a novelty. But, as that community grew and the user base exploded, opportunities also grew for savvy and creative virtual entrepreneurs. Second Life offers users a creative and very flexible design tool where users can build their own items, from amazing cars to clothing to jewelry and more. Scripting is included so creators can incorporate functionality and behavior to those items. Rare, customized items are very much a status symbol within this virtual world – and they are rapidly increasing in demand and value. The place where you sell your items are most commonly right there in the virtual world. Blogs and forums throughout the Internet discuss the amazing items within their favorite niche, which you can find and buy on Second Life, such as this UK blog called “Music Thing.”
Dayo, sadly, because of the market size, app related business remain only profitable in a few western countries. I don’t know of any that could be used in Nigeria. That said, you can always put your own twist on things and make something that people in your local area could find useful. Essentially, you create a niche market out of it, and that can be very profitable.
How many email newsletters are you bombarded with every single day? There’s a reason for that. Marketing to an actively interested group of email subscribers is one of the best ways to make money online. There have even been million-dollar businesses built from simple email newsletters like TheSkimm, or Mister Spoils. Each newsletter targets a specific type of user with interesting, daily content, while also partnering with relevant companies and affiliates to bring in extra money. If this seems daunting, it’s not. Tools like MailChimp, Seva (formerly ConvertKit), AWeber, and ActiveCampaign, make it easier than ever to get started with email marketing.
Harris Poll Online is another legit survey site that pays people to complete surveys. When you join Harris Poll Online (it’s free to join), you’ll fill out a profile. Harris Poll Online shares information about you to other companies. This helps companies get surveys from people with coordinating interests. FYI, the information you share is secure and never sold to third parties.
Excellent article Chris! This will help me out a lot. I am a new author through amazon and my book is also being sold through KDP Select (The kindle option worldwide) but regardless of my advertising on my Facebook page, which cost money, I do not seem to be getting anywhere. With Amazon Associates, is it totally free and no cost to you or do you pay a fee over a certain amount of time. Also if you have any tips on how to get a book out there that would be excellent. My book is being sold at Books a Million, Barnes and Noble, and Alibris. I plan on doing a book signing at Barnes and Noble in hopes it will raise awareness of my book.