24 Legitimate Ways to Make Money Online
This post is going break it down when it comes to making money online as creator, freelancer or professional.
There is no magical way to make money online. If you are going to work from home as a business owner or professional you have to also learn – how to market your business various way and beat the competition. Without knowledge of marketing, you are not going to succeed no matter how many times you try.
There are primarily three ways to make money online: Work, Create or Promote. There is no shortcut for making money online, you need to have experience, patience and courage to do the work you need to do.
In other hands, Internet-based job has more freedom and abilities to make more money but the downside is you will have no financial incentive which only comes with a regular job like insurance, paid vacation etc. Here is a list of work you can do to make money online.
When you are just starting out – I will recommend you to work on freelance website. When you have following of your own outside the freelance website. You can build the following using content marketing or pitching your service to your prospect directly. Then, start offering your services directly to make money online as freelancer.
2. Remote Job
There are many types of remote jobs like an hourly, contract based, project-based etc. It depends on the employer.
3. Virtual Assistant
As a virtual assistant, you don’t have to jump from one project to another as Freelancer do. And, you also don’t have to compete with other virtual assistants. It is the best way to make money online if you just want to make a few bucks or you live in third world countries.
4. Selling Expert Advice
If you have expertise and knowledge in a certain field then you can sell your advice as a consultant. Of course, you have to brand your self and market to attract clients. You can sell your advice as an expert on Clarity.fm or become a coach to offer your service on a platform like Coach.io.
5. Consulting Agency
You can hire other freelancer or employees to help you with your business. This is the great way to make money online in the long run. It will take time to build a client base. In start you have to do cold emailing, PPC ads to get clients, later clients will come to you.
Think of this way: instead of working on someone else business – invest your time and energy in creating a product which you can sale as your own. The best kinds of product or assets are which required you to create one-time and sale as long as you want.
You don’t have to be an expert to write a blog post. Usually expert doesn’t write, they sell services. You just have to be one step ahead of your audience. This is it. Go ahead and start blogging now.
7. Creating Video
Don’t be a shy person, if you do then you will end up working for a regular job or freelancing. Video marketing is going to stay. Start creating tutorial videos, vlogging or an entertainment whatever get your audience attention.
8. Creating Podcast
A podcast is just like Blog but instead of writing, you do audio recording. There are many benefits of having a podcast for your brand. You can connect with a large number of an audience using Podcast and monetize your effort using sponsorship.
9. Write an eBook
You can easily start selling an ebook from your website and on a marketplace like Amazon. You don’t need a literary agent or publisher to become a published author, welcome to self-publishing.
10. Selling Graphics
11. Membership website
Is this sound make sense to you? If it does then create a WordPress website and use a membership plugin to turn a normal website into a membership income generating hub.
12. Online Forums
You can monetize your online forums by selling ads, Affiliate marketing, selling your own product/services etc. The best part is You own your social media platform and the audience.
13. Create and Sell Mobile App
You don’t have to create next What’s App to make money using mobile app development. Just start with creating a small tool which makes people life easier. Tools like Bar code scanner, Ebook reader, notepad, Audio player etc.
14. SaaS Business
Saas stands for “software as a service”. It is the most popular way of starting your own online business or say Startup. You get the idea which has demand in the marketplace then hire developers to turn an idea into the software business. There are many examples of Saas business think of social media management tools, productivity tools etc.
15. Affiliate Marketing
Affiliate marketing is the most popular way of making money online. You don’t need any experience other than sales and marketing. As an affiliate marketer, you are going to act as a broker or sales guy. Sales and marketing is the only profession which doesn’t require you to have a qualification. I mean anyone can start making money through affiliating marketing.
If you curious about affiliate marketing and want to learn how to make money through affiliate marketing then take a look at this.
16. CPA Marketing
17. Selling Banner Ads
If you have a website or blog with a good amount of page view then selling ad space on your website is the best way to make money online. You get paid when someone clicks on your ads and per thousand-page view.
There are online ads networks like Google Adsense and Buysellads.com which is the best way to monetize your website selling ads.
18. Selling Solo Ads
19. Influencer Marketing
If you have a fan base on any social media then it is easy to monetize your audience through Influencer marketing. You can get your profile list on various Influencer listing platforms like Influence.co to attract clients and get sponsors deal.
This way your customer pays you $ but the product actually cost is $, you made $ in profit. You don’t touch the product because you are a middleman between a real e-commerce website and your customers.
Investing is a great way to double your money. If you have money then use it to buy and sell assets. Buy low and sell high. Did you get my point right? Do you – keep reading.
This is my favourite way to make money online. I have bought and sold domain name many times through Godaddy premium domain name listing. It is an easy way to make money online, you can always start with a low investment.
22. Buying and Selling Website
A website represents an online business, not just a presence. Flippa is a domain name, website, mobile app and any digital assets marketplace where you can list your offer for sales and run auction.
You can make money by buying a low-cost website with great value then sell it through Flippa or any other marketplace. You can also build a website from scratch to sell on Flippa.
23. Forex Trading
My favourite trading is Forex trading, you buy one currency against another and hope that the value of the currency increase in your favour. That is the quickest way to make and lose money online.
24. Cryptocurrency Investment
I will not advice investing ICO and stupid cryptoshit, because there is lot of scam activity going on in crypto world. Make sure you stay alert and curious.
When I started searching for a way to make money online – I was blown up for a certain time, that there is a secret which only my Bizz guru knows. I started freelancing and then later I position myself as a brand (Consulting agency). I didn’t make any money from the consulting agency I thought it will cool say “Now I own my business bitch”.
After a long way, I started blogging, I am still blogging.
It was a long article. Thanks for reading to last, now go ahead and join my email list, this is where the real magic happens.