The internet is much more than a source of cat videos and selfies. If you’re willing to put in the work, you can actually make money online. Maybe you need to make some quick cash to pay an unexpected bill. Or maybe your goal is to create a source of residual income. No matter the situation, you can likely find a way to start earning money online.
The following four ideas are potentially a source of online income. Just remember that nothing is guaranteed. And earning money online takes time just like any other money-making endeavor.
1. Promote Products with Affiliate Marketing
Affiliate marketing is potentially one of the most lucrative ways to earn money online. It involves promoting a product or service for another business via your website or blog.
For example, perhaps you have a blog dedicated to photography. You can promote different camera brands, lenses, and other photography equipment.
When you’re an affiliate, you earn a commission when someone buys a product or service from your affiliate partner. The affiliate program will provide a code for you to use as an affiliate link. This allows the affiliate program to track purchases that originate from your affiliate link.
Your earnings potential depends upon the price of the item, how many sales you make, and the amount of your commission per-sale.
For example, the Amazon Associates program usually pays anywhere from 1 percent up to 10 percent commission per-item sold. But you can usually belong to several affiliate programs. This means you have the ability to test different products, services, and programs to find which ones perform the best for you.
2. Writing for Cash
Creative people with decent writing skills can possibly make money online with freelance writing. Business owners pay for content for blogs, websites, emails, and more.
Magazines, for-profit, and non-profit organizations often need written content as well.
Writing for websites such as Upwork or Textbroker provides a good way to get started with online freelance writing. Finding writing assignments on these websites removes the need to build your own website or market your services.
However, setting up your own website and marketing your services is potentially more lucrative. With your own website, you can write for a specific niche and target specific clients. If you’re good, clients are likely to return and give you repeat business. You can also set your own rates and negotiate prices with clients.
Facebook is one of the most popular social media websites around. And there are several ways to make money from Facebook. If you’ve never made money with Facebook, then starting your own Facebook group is a good place to start.
Facebook Groups provide a place for like-minded individuals to gather. You can create a group for just about anything – including a product or service that you’ve created.
Social media marketing via Facebook makes it possible to connect with prospects and customers. And creating your own group is the perfect promotional tool for your product or service.
For example, perhaps you design WordPress templates for small business owners. You could start a Facebook group that focuses on providing SEO tips or design tips for small business owners.
Your group will attract small business owners who might eventually become clients. You could even create a set of templates created specifically to sell to group members.
Other ways to make money from Facebook include selling items in the Marketplace or joining Buy and Sell Groups.
4. Money-Making Websites
You can possibly make money online by using websites created specifically for earning spare cash. These websites won’t make you a millionaire, but you can earn some extra cash. Take Amazon’s Mechanical Turk for example.
Mechanical Turk pays you to complete tasks. These tasks can include taking surveys, participating in research projects, watching videos, and more. You earn a small fee for each task that you successfully complete.
Explore Your Options
The ideas mentioned above are only a few of many ways to make money online. But no matter which idea you decide to pursue, remember that making money online takes work. With a bit of hard work and dedication, you can possibly create a full-time income from online sources.