Top 5 ideas to make money online
In today’s tough times, most are hard-pressed to make ends meet, even if they are currently employed with a regular source of income. For some, a job is no longer an option and they prefer to venture into other money-earning ideas that can potentially replace their income from work.
This article outlines the top 5 ideas to make money online that many creative people use to earn an extra (or full-time) income that allows them to make ends meet or to put food on the table.
The Internet has not only changed the way we communicate and search for information, but it has also offered many income opportunities to those willing to take advantage of it.
- autonomous – One of the most common ways to earn money in addition to having a traditional job is by offering your services as a freelancer. If you are an artist, you can position yourself as an artist for hire. Building an online portfolio is extremely essential to being an artist for hire. An illustrator needs to be able to show potential clients what he can offer them if she accepts them as a client. Freelance authors and web publishers are constantly looking for people to design book covers, websites, and logos for them. This is a great source of income for someone who enjoys doing graphic design. My friend, he does this quite successfully and by having his own website that draws organic traffic, he puts himself above many other freelance graphic artists. Self-publishing of books has skyrocketed in recent years. There are many freelance authors looking for publishers who would like to publish their work for a more affordable price than the norm in the publishing world. You can edit papers or ghostwrite to help the author create the whole book if he knows what he’s doing.
At the lower end of this scale, you can take on article writing jobs and help online publishers like niche website owners and bloggers continually feed their sites with new, quality content. The key here is quality content, to build ongoing relationships with your customers and build your reputation.
Freelance writing is a great money making idea because you can completely control the amount of work you do. If you’re just starting out, websites like Odesk.com and Elance.com are great places to land your starting jobs. Setting a competitive price for your service will help you attract clients and build your reputation on these freelance job boards, but if you are considering going down this path for the long term, I suggest you create your own website to build your reputation, attract more clients , and turn it into a real business that can potentially replace your day job.
There are many services that you can offer as a freelance online. If you are a developer or programmer, you will definitely earn more money online by offering software development services.
- Become an online retailer – Have you ever bought something on Amazon and eBay? Most of these vendors are people just like you and me who operate their own bookstores, electronics stores, or computer retail stores out of their homes. There are two ways to start selling things as an online retailer: buy stock and hold inventory to ship yourself or become a dropshipper where you partner with a dropshipper who will ship your inventory to your buyers from their warehouses. Option two is a lot of work, but can be tricky when it comes to pricing, delivery, and item quality, since you can’t actually see (or touch) your products before shipping them to your customers.
The best way to get started with this money-making idea is to start selling junk that you can find inside your home (ladies, I don’t mean your husbands!). The average person has many things in their home that they never use. Items like old jewelry, unwatched DVDs, and unused craft supplies are perfect. You can also buy things that are in the bargain bins and sell them online at regular prices or get things from your local thrift stores or library sales.
The key is being able to check the current prices of the items you want to resell before you buy them to make sure you’ll actually make a profit. This is where your smartphone will come in handy, all you have to do is download price comparison/scanning apps like FOB Scan.
- Selling Fiverr Gigs – Yes, Fiverr concerts! It might not sound like much, but Fiverr concerts are no longer limited to $5 a pop. You can offer your initial service or product at the standard price of $5, but you can offer upgrades from $20 to $50 a pop. Some of the jobs you can offer are voice overs, small graphic work, short videos, SEO boosts, and other quick little jobs that you can do for a few minutes of your time.
- Open a YouTube channel – As I mentioned in my previous article, YouTube users watch over 4 billion hours of video a month, so there are always people willing to watch your videos. A person who plans to make money from YouTube needs to decide on a niche or what they want to talk about in their videos. Do you want to teach a tutorial or give a comment? If someone owns all of your material legally, then they are eligible for the partner program.
With original ideas and constant promotions, an Internet entrepreneur can open a YouTube store in a matter of minutes. Although it may take a lot of work, the payout after a while can be quite high, but just like any other content marketing business, 10 YouTube videos will not make you happy. It’s always a numbers game, think of it like having your own TV show where you are the host, producer and channel owner. You can read this article to learn more about how to make money from YouTube.
- Create and sell your own products – Many online marketers have discovered that they can make money faster by creating their own products than by creating specialized blogs or websites. This, of course, is beyond the realities of most beginning online marketers, but if you have some free time, product creation isn’t really as difficult as you may think. Creating an infoproduct (eBook or membership site) on a topic you know and love will reward you a hundredfold. Come to think of it, if you have a product of your own, many other affiliate marketers are willing to sell your products on their websites and email lists for a commission that helps you reach a very wide audience that is impossible to reach. your own.
There are many more money making ideas that people use to make money online, but these are by far the best ideas that you can put to work for you right away, especially the top 3. Creating and publishing your own blog or website is the best. way to build a business system that will create an amazing source of passive income in the near future, but the top 3 ideas listed above will help you make money right away.
Offering freelance services on established freelance job boards helps you leverage your traffic, as they are the “go to” places for people looking to outsource things they don’t like to do themselves.
Retailing on Amazon or eBay can also drive sales faster than building your own online store, since they already have the traffic of search-minded shoppers who want to buy online. It’s free to list products on Amazon and you’re only charged when you actually sell something, whereas eBay will charge you pennies when you list a product for sale.
Fiverr, on the other hand, is the “go to” place in the world for small jobs that people want to outsource. It may not be as promising as the first two money-making ideas listed here, but they pay for every gig you put on.