Two decades ago, if someone would have told you that you can work sitting at home, without a boss knocking on your head and you making more money than what you normally do, you would have giggled at such a thought whole day, still not believing what transpired. It’s amazing how such a thing that once used to be a “daydream” has become a reality in today’s modern world. Internet has become a lifeline for many, and continues to do so, on a global scale. People can connect from one corner of the world to the other and transactions can be carried out without meeting clients physically. You have the flexibility of time, no management pressure and the most wonderful thing; it’s you who decides when to take a day off. It certainly sounds amazing, almost a dream job anyone would love to be a part of. Speaking of which, let us now evaluate some of the effective ways of making money online, right from the word GO!
Article Writing
Internet has given a chance to budding writers from across the globe, to not only express themselves and unleash their talent on a global platform, but also get paid handsomely for the same. There are numerous websites out there that encourage new writers to go ahead and self-market themselves in a way that can attract more fortune for their efforts. Some of the reputable ones include hubspot, helium, hubpages, squidoo and Xomba.
You can also write for new websites, provided you get hold of a good client. Sites like freelancer, odesk and Elance offer great opportunity to make some quick bucks without much experience. All you need to do is to bid on a project with an appeal that earns you the same. Your primary focus should be on building a portfolio that speaks for the quality you deliver. Once you build that online reputation, the orders will keep rolling in, and so will the money. The article writing industry is one big pot and its decline in future is next to impossible.
Building your own website
In case you think your writings are too good to be sold for peanuts, pen your own website to showcase the talent you have, and let the world know about it. Figure out your area of expertise and derive a conclusion whether you can offer something valuable to your audience; something that would pull them back to your website again and again. This is no “Get rich quick” scheme, and just like the real world, you have to instill confidence and trust in your audience, in order to reap potential benefits. Once you build a good amount of traffic with compelling content, there are hundreds of ways to monetize your website and make money at your will. All you need is a domain name and a hosting account to get started.
Affiliate Marketing
An affiliate marketer is the one who sells someone else’s product in exchange of a commission offered by the original product seller. There are basically two types of commissions offered; either the affiliate gets paid as CPA (Cost per action) or CPC (Cost per conversion). The promotion of such products can be done through any media that has the potential to bring in sales for the affiliate. Social media, your own website or email marketing are few effective ways to convert your referral link into money making medium. All you need is to sign up with reputable companies such as Clickbank, commission junction,Amazon or Chitika, in order to start promoting a couple of products from a huge database at your disposal.
Freelancing
Freelancing is a term for online trade that implies selling your services to people who need them. These services include content writing, website development, graphic designing, programming, coding, SEO, online marketing and almost anything that a webmaster would need you to accomplish, professionally. You can master a particular trade and build up your reputation by fulfilling the demands of your client in the best possible way. Avoid being “Jack of all trades and master of none”, as this is the most common mistake most newbies make, when they are introduced to the freelancing platform. You should always start with something that you are expert in, and gradually extend your business by hiring few professionals under you. Outsourcing makes the work easier as you enjoy all the credits, but only when you have established yourself reputably. You need to bid on projects time to time and back your proposals with a nice sample portfolio. Simply expecting things to happen on their own will do no good to your online campaign. So push yourself a little upfront and see how that works for you. Patience is the key here. Elance, odesk and freelancers are the giants of this platform and good ones to start with. You can also have your own sales page on DigitalPoint forum, which has quite a popular marketplace.
Sell online courses on Udemy
E-learning has become a prominent part of academics in the last decade or so and reputed institutes across the world have adopted this method to provide better learning experience to the students. Udemy gives you a chance to formulate an online course of your own in subject of your interest that you feel would be beneficial for many across the globe. The idea is not only to expose your knowledge worldwide, but also earn money while doing so. You may need to invest a little upfront, but what you get in return is a long lasting source of income. Go on a research spree, check out what people are searching for and come to their rescue in an appealing manner. Once your course starts selling like hot cakes, sit back and enjoy the show.
Monetize YouTube videos
Making exclusive videos is another way of creating an opportunity for yourself. Unleash the talent inside you and let the world know how good you are at it. If you keep your ability nipped in the bud, no one will ever come to know your worth. You must have heard stories of how singers, actors and other artists got recognition through their YouTube videos. And if not, they have earned enough reputation on YouTube to keep making bucks with their videos. This revenue comes through the ads that are displayed every time someone views your video. So, the more audience you attract, better are the chances of you earning good money and for a long time. This can be done only by creating compelling content, something like a social message in an innovative manner, a funny prank on someone or almost anything crazily useful you can think of.
Application Development
With the escalation of Android and iOS smartphones in the last 5 years or so, application development has become a productive way of making money online with minimum efforts. There are thousands of apps being developed everyday and most of them sell at a rapid pace. Make sure that the application you develop is one of its kinds in the market and provides value to the user. It’s always a good idea to build an app that caters to the need of local people, since the chances of sale is more in this case. You can then gradually expand your services to a national level or beyond that.
Sell photography
If you always had a passion to capture things in an innovative manner, you have no idea how much money you can pile up with every quality snap. People across the world are willing to pay for evocative pictures that are worth thousand words. So, in case those photos are lying uselessly in some odd folder, pick them up, make it public and let the world know your skill. The best way to start is by building a portfolio on stock photography websites such as istock, shutterstock, fotolia, and Dreamstime. The amazing part about stock photography sale is that, you can sell a photo multiple times without handing over the copyrights.
Sell your own stuffs
Do you have a cloth factory of your own? Do you make handmade art and craft items? Do you recycle old stuffs to invent something new? Yes? Well, you may have the talent to formulate something, however, to convert it into passive income requires smart choices. Anything and almost everything sells on internet, since people love to try their hands on new products every now and then. If you want that money to come thick and big, you need to stretch your business beyond the horizons of your native place. Sell your stuffs on a dozen of e-commerce websites such as craigslist, etsy, ebay or amazon. If your product is good enough, customers will market it themselves with a positive review. Timely delivery, good customer service and reliable products are the pivotal keys to the success of e-commerce business.
Leave a Reply