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.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
I will give you a very simple example. Let’s say you build up an audience of 50,000 readers and out of that 50k you have about 1% that trust you (1% of people that trust you online is actually very huge), so that equates to 500 readers. Out of that 500 readers you will have about 10% that will buy your eBook and other affiliate products, so 50 people total. So, if you are selling your eBook for $10, you will make $500. Of course it doesn’t stop there, those people that buy the eBook and like it will most likely recommend it, and you will have a snowball effect where more people keep buying your book and other affiliate products. This is just a rough example that shows you some realistic numbers. Do not ever think that if you build up a huge number of readers that they will all trust you and buy the products that you promote; if it was that easy everyone would be a millionaire by now.
A good approach as an affiliate marketer is to create reviews. You showcase several different products of the same type on your website. For example, you could include your opinions and technical specifications on several different types of Bluetooth portable speakers. You give your opinion and list the pros and cons of each. Then you include a link for each… to buy that particular speaker. The trick is, whichever speaker your prospect chooses and buys, you make a commission.
Google Adwords can be used to drive targeted traffic to a sales page. You simply make an ad in your adwords account then use your affiliate link in the target page URL of the ad. Obviously, you will have to continuously measure the conversions and see if the campaign cost is less than the campaign profit in order to keep the campaign running but I am sure you get the idea.
Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products on here such as poster designs.
Have you ever watched any Youtube videos from kids your age? Did any of those videos have over a million views? The chances are pretty good you have. Those kids are making a lot of money. You can too by starting your own Youtube Channel. I have seen lots of girl beauty channels and boy gaming channels where teens are making more money than your parents.
If you have previous experience as a computer programmer, or have skills in this field, then there is plenty of work you can pick up as a freelancer. If lack of confidence is holding you back, then Free Code Camp is an excellent way to get your foot in the coding door. This organization provides free courses where you will build real-life apps and programs, giving you experience and plenty to add to your CV.
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
Freebie trading is a real money maker. But it takes a special person to master the techniques and be consistent with the process. It involves Freebie Sites that provide users with cash rewards or physical prized for trying out services or products. The services can be free or be very inexpensive. They are things you would normally do, such as getting your credit report, but you get paid! You might not make a full-time income doing Freebie Trading but with some work, you can certainly supplement your income. The other great benefit is that you can do this whenever you want and set your own work schedule. Read my interview with a Freebie Trader to learn more about how it works. In his first year, he grossed $28K!
I loved the landing page idea. This would be very effective in one case ONLY. If you are promoting a product or a an eBook this would work very fine OR increasing an Email list by offering something for FREE. You know in this life “Nothing is for FREE”. So you are giving your visitor for an example “A guide to how to install a blog template in wordpress or blogger” or “how to monetize your blog?” a FREE guide will drive this visitor to type his email and hit the subscribe button right away. But if the visitor a PayPal Button he just click the MAGIC X button on the top of his browser. Landing pages are very effective when you know how to use them.
…Marketing an eBook is definitely the hardest part. Ebooks have exploded in popularity and the market is unfortunately saturated with crap from people who thought they could write a quick eBook, put it on an affiliate network, and make millions. However, if you CAN find a good way to market (or possibly have others market by having it listed on affiliate networks) then an eBook can be a great way to make some residual income.
Setting clearly defined short term and long term goals will enable you to measure your progress and achieve personal satisfaction once you have successfully met your goals. Charting your progress will also enable you to actually see the stages of completion leading to the actual realization of your goals. This eliminates the feeling of a long and pointless grind towards achieving your goal. Your self-confidence and level of competence will also improve as you will be more aware of your capabilities as you complete or achieve your goals.
If you love animals and live in an urban area then consider this a viable job opportunity. Here's the problem you might try to solve with this idea: people are busy going to work each day and they have to leave their sweet dog at home. Dogs don't do well over long periods of time by themselves. They like to be around you and me. Offering to walk a group of dogs once or twice a day, if you have the flexibility, can really rake in some extra money if you're doing this on a weekly basis and have several clients. Think premium dog walking service: treats, playtime, the works. Obviously, you have to find the right clientele where this service makes sense.
Whatever products or services you advertise on your site should make sense for your niche and audience. When you try to sell products or services that will undeniably resonate with your audience, whether they are blog readers or your social media following, they will feel engaged and intrigued. When you try to sell products or services that don’t relate to them or make sense for their lives, they will immediately sense they are being “sold to,” and will become less interested in you and what you have to offer.
Set up the site. Choose a website building platform, such as WordPress, Joomla or Drupal. Next, choose a domain name and web hosting for your site. The domain name is your web address. Web hosting is a service that connects your site to the internet. Once you have your domain name and web hosting, go to the control panel of your hosting account and install your website platform. Design your website by choosing and installing a theme.
Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.
Qmee is a browser extension that you can install on pretty much any browser (Chrome, Firefox, etc.). Once installed, sometimes Qmee will show sponsored advertisements on the side when you're searching on any popular search engine. Each advertisement will pay a certain amount (usually a few cents or more). If you visit any of the ads you see when they pop up, you'll get that cash into your Qmee account. They will pay out instantly to Paypal no matter how much is in your account. Qmee is open to people ages 13 and up in either the US or the UK.
Freelancer – refer people to developers, designers, and other freelancers you’ve worked with and make 100% of Freelancer’s project commission for the first 90 days. I get a lot of people requesting WordPress speed optimization services… so I refer them to my developers with a freelancer affiliate link and make $125/month in passive income. You can’t use affiliate links to link to specific freelancer profiles, so I direct people to the homepage via affiliate link and give people my developer’s usernames.
A site called User Testing will actually pay you a fee to evaluate websites. It typically pays you $10 for each video that you review – which typically takes about 20 minutes. If the work is there, and you are particularly good at it, you could earn up to $30 per hour. That’s a pretty solid pay rate for a work-at-home job. You wouldn’t have to work a whole lot of hours to generate a decent part-time monthly income.
A website called AchieveMint gives you points for engaging in healthy activities, like exercise, tracking your eating habits, or even taking health related surveys. Points can be redeemed either for cash (10,000 points are worth $10) or for Amazon Gift Cards. The app actually connects with other health apps, like Fitbit and MyFitnessPal, to track your progress.
Many bank accounts will give you a cash bonus to open an account with them. I'd start with an online savings account that will pay you higher interest. Look for special deals and offers that we occasionally write about here on PT Money. You can also sign up up for our bonus ideas (see form below) and you'll receive our monthly update with early notification of such offers.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
Get creative and sell you and your time online in a fresh, new way (it's not what you think). Fiverr is a website dedicated to connecting people to talented individuals to get things done. We all have talents and some of them can be quite marketable. Some of the featured gigs I noticed on Fivver include drawing an art illustration, designing logos, creating online content and even providing a voice for a Podcast intro and much more. As you might expect, gigs start at $5. The trick to making more is to offer upsells. Listen to my podcast episode with a successful Fiverr creator.
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.
If you design a wildly popular app (which is harder than it sounds), you might be pleasantly surprised with the income they generate. Offering one or more apps at the iTunes or Android app store gives your creations wide exposure to prospects. And income can be generated by charging for the app, displaying in-app ads, or charging for in-app features and upgrades.
If you’re not sure you want to go all-in with an online store, try making some seasonal crafts during the holidays that are easy and require minimal investment. For example, you can gather mistletoe and/or pinecones, tie them into bunches with ribbons and cheap bells, and sell them as decorations. If it goes well and you enjoy the process, think about opening a more permanent storefront.
In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
If you’re a teenager and you want to make money, try making money online by selling stock photos, doing paid surveys for marketing companies, or starting a YouTube channel and gaining subscribers. For more ways to earn online, look for apps that will pay you for running errands, like taking a picture of yourself in front of a specific business. If that doesn't work, ask your family and friends if you can do any odd jobs, like mowing the lawn, cleaning their house, or babysitting. Read on to learn how you can put on a yard sale to earn extra money!
Every time you make a sale, you get a percentage — a commission, in other words. That percentage can range from 5 percent to 25 percent (sometimes even higher), depending on the company and the product. It may not sound like much, but for high-ticket items, even 5 percent can be quite a lot. When you make hundreds of sales, the amount can certainly add up. Some of the highest commissions can be earned when you promote digital information products as an affiliate.