Today, there are more ways than ever to make money online; your only real limit is your own creativity and desire to succeed. In this guide, we’ll go over 10 of the most popular ways to make money online, including popular jobs like blogging, freelancing, and selling digital products as well as strategies like starting an e-commerce business and investing in cryptocurrencies like Bitcoin.
Let’s get started!
1) Start With What You Know
If you’re having trouble making money online, start with what you know. If you have a hobby or passion—from scrapbooking to writing to digital photography—consider monetizing it. After all, it’s often easier to make money online doing something you enjoy anyway. Another idea is e-commerce: Establishing an online store and selling your items can not only be fun but also profitable! Just make sure that if there are items sold through your store, they’re things you already use and/or have tested. This helps ensure that they’re high quality—just like anything else one would buy in a brick-and-mortar store.
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2) Decide on a Niche
One of the best ways to make money online is through a funnel system. A funnel system is when you attract visitors and then convert them into leads and customers. Every step of your funnel has certain marketing tactics that draw in people, including call-to-actions that motivate leads to go through your forms, where they can sign up for more information or purchase your product. The initial goal is always to get your visitor’s attention, so that you can capture their contact information so you can market directly to them later on. After you have their attention, now you need to figure out how you’re going to keep it long enough for them to become a customer–or multiple customers–who buy from you over and over again. Check out some funnels below and learn about each stage of these processes
3) Build an Email List
By leveraging a large email list, you can earn extra money with affiliate offers, sell your own products and services, and gain new readers and customers. To start building your list, you’ll need to set up an account with a service like AWeber or MailChimp. From there, it’s easy: Just start sharing your information on Twitter, Facebook, LinkedIn and more. If you want to learn more about making money online through email marketing, be sure to read Making Money Online Through E-Mail Marketing.
4) Optimize Your Site for Search Engines
The foundation of any online business is making sure you have a web presence, and one way to do that is by optimizing your site for search engines. Even if your site isn’t up yet, it’s good practice to start studying SEO now. (If you don’t know how Search Engine Optimization works but you want a basic introduction, check out John Mueller’s Google Guide for SEO Beginners .) Remember: When people are searching for something on Google, they aren’t actually searching for website design or web hosting. They’re looking for answers about their needs and problems. So make sure those answers will come from you!
5) Write Consistently and Create Valuable Content
Consistency is what makes you a household name. If your readers are used to seeing you on their social media feeds every week, they’ll return for new content and share it with their friends. Write consistently and create valuable content about once a week or two, depending on how often your audience expects new information from you. For example, if you run a news site or an entertainment site, people expect updates at least once a day. On other sites—maybe business or politics—new updates might be less frequent but still expected. Inconsistent blogging can turn readers off from your brand quickly; make sure there are no gaps in between your posts so that people don’t forget about you and never return for more content!
6) Promote Your Site via Social Media
There are lots of ways to market your business online, but there’s no reason not to save yourself some money and use a free resource. Social media platforms like Facebook, Twitter, Google+ and LinkedIn are all great for promoting your site; just make sure you don’t pay for a promoted post unless you know that it will reach your target audience. If a friend or family member uses one of these platforms frequently, it may be worth paying them a few bucks to share something relevant on their account so that it appears in their followers’ news feeds. It never hurts to ask!
7) Affiliate Marketing
One way you can make money online is by doing affiliate marketing. This involves promoting other people’s brands and products on your site. If someone buys a product, you get paid a percentage of the sale price. The key with affiliate marketing is that it will not make you rich overnight—the initial investment can be huge, as companies charge high commission fees. However, if you want to continue to invest over time, it can result in substantial earnings; and as an extra bonus there’s no need for complicated product sourcing or shipping!
8) Podcasting
Podcasting is a great side hustle that can actually bring in decent money. You can create your own podcast, and it only takes a few hours a week to get started. Just record some audio or video and upload it online, then you can have guests on your show, get sponsors for your podcast, and so on. Like any good entrepreneur, once you’ve got your podcast going you can start monetizing through advertising or affiliates. The great thing about podcasting is there are ways to scale quickly if you want.
9) Join or Create Communities for Related Interests
As we’ve already covered, networking is one of your best tools for establishing yourself online. One great place to start connecting with like-minded people is on industry forums and in Facebook groups related to your niche. Look at what people are talking about and see if you can contribute something valuable. If you have an expertise in a certain topic, don’t be afraid to share your knowledge! Plus, learning more about what interests other people will help you tailor content marketing and sales pitches later on. And remember that while it might seem intimidating at first, engaging with strangers is a lot easier than meeting someone new in person—it takes much less courage!
10) Sell Products, Too
There are a variety of ways to make money online, and a lot of it comes down to selling products. Sometimes you can find things that aren’t being sold in stores, or you could create your own product and sell it for much less than retail prices. Learn how: Read our tips on How To Start an Ecommerce Business From Home and learn from ecommerce veterans by reading Quora questions like these .
