Making money online is a really interesting process. Not all of us tap into the opportunity of making money online but if it is done right, all you need to do is repeat the process again and again. The more time you invest to enhance your online money making skills, the more money you are eventually going to make. Here, are a few ways popular ways to get rich online.
1. Selling your own products
A few days back I was reading a case study written by one of my friends and apparently he made a few thousand dollars selling his product online. The entire investment in the raw products cost him around $50 and the profits made were massive. That is when I realized that selling products online can really make some good amount of money. I haven’t sold any of my products yet, but I’m soon preparing to get started with it. I have an idea and the work plan but I have not been implementing it just because of lack of time.
Getting straight into how you can make money online by selling products- You need to have a product which in my case are paintings. And then you need to find the right marketplace to sell them. I planned to sell mine on Etsy.com and later go on amazon, maybe. But in the starting, I would try listing my products on Etsy because it is free and would give me a better idea on how people react to my product.
On every sale you make you need to pay some commission to Etsy which I believe is around 3.5 per cent. Selling products on amazon can also be done by I think Etsy would be a better marketplace for my paintings. Anything from handmade crafts to home decor can be sold on Etsy. Can you get rich by doing this? In the beginning, you will have a rough start but later as time progresses you would easily make profits which you can again invest in your business and maybe include some people to help you which would make the work faster and help you make more profits.
This way you can start small and then scale your business which would make you rich online. It isn’t difficult if you have an idea for what exactly you want to sell and choose the right marketplace for it. I have heard many people even stocking up items when they are on discount and later sell them online when there is a hike in prices. It sounds trivial but when you make a few thousand dollars with it, it just gives you more money to invest on something worthwhile. We all start cheap, so it’s okay if you make your first few dollars that way.
2. Owning your own Website/Blog
Having a website or a blog is another way to make money online. There are millions of websites online that are making loads of money every day and many of them are owned and managed by just one person. I know that making a website is not easy even though many people claim that it is. Although it is difficult I can vouch for one thing , it is not impossible. If you have the right training and do everything the right way then you can easily rank in Google which would ultimately result in more sales.
How do you get your website ranked? Well, it might seem a little difficult but there is a catch here-Not all websites do the right thing or have the right practices when it comes to ranking on Google. So, when you have a website where the practices you have helps you to get into the good books of Google then ranking becomes much easier. Not only does your chances of ranking on the first page increases but it also makes your website authoritative with time which means your site would not loose that position(within google rankings) even if you leave it for a month or so without any updates.
Once you have a site which is ranked well in Google and it starts getting some genuine traffic, you can go for affiliate marketing where you promote other’s products, services or maybe sell your own products or can even monetize your site using Adsense. The best way you can make some money is using Affiliate marketing. When I say go for affiliate marketing it does not mean that you go and promote some random crappy products which nobody wants or cares about. Promoting the right products is crucial when it comes to affiliate marketing.
When you review a product make sure that the review is legit and it isn’t there just to sell something. I personally do not promote things which I do not think are good for the audience or if I think that they are a real waste of money I caution them through my posts well in advance. Being true to your audience is really going to help in the long run and I think that is what really matters when you want to have a sustained online business.
3. Freelancing Jobs
This is another way through which you can make money online. There are a few sites like Freelancer.com and Fiverr.com where you can offer to do some work and get money in exchange for it. Although gaining authority in providing various services might take some time but all you need to do is keep working and try to fetch some positive reviews from your customer.
I tried offering Logo making services but then later realized I suck at it and left the entire idea behind. But if you are really good at something then you can surely sign up on these sites and put up your gig in order to make money online. It isn’t as easy as it sounds, you will face a lot of competition on these two sites and fiverr.com, even though it is popular you have a lot of good competition in any field of services and it can take some time for you to make a full-time online income with it.
There is another site upwork.com which is pretty good when it comes to offering jobs, here you get paid hourly and even the quality of services that you will be providing should be top notch. If I really wanted to go ahead with freelancing jobs then I would work with upwork.com because the pay is good and your services are rated on a much better scale.
Find such sites- sign up- choose what work you can offer and you are ready to get started. I just named a couple of sites but there are many others similar ones so just look out for them and if you find anything interesting let me know in the comment section below.
4. YouTube Videos
I had to write about this, I seriously had to. YouTube stars have been making a lot of money and you do not really need 1 million subscribers to get started, even one viral video on your channel can fetch you some money. You make money on YouTube based on the number of views you get on your video. There are a few famous YouTubers who actually make a full time living from their videos. Although it might look simple or something which anyone can do but it’s not!
You need to always be creative and make videos on something which would be liked by the masses. It is a pain at times to come up with new ideas. I blanked out many times when it comes to writing my posts and trust me you do not want that happening to you especially when you have people waiting for your new videos on YouTube. You can monetize your videos by ads and even affiliate marketing ( promoting someone else’s products which you find interesting).
Posting regularly and have a posting schedule can also help here. Eventually, you would gain views and popularity. In the beginning, it might be a really slow start but if you keep constantly working towards it, you will eventually make a full-time income. Check out a few famous YouTubers and how they made it big on YouTube- RomanAtwoodvlogs, PewDiePie, Movlogs, SSSniperwolf, Superwomen… and the list goes on.
5. Writing Reviews
Reviews for different products are one of the most searched terms on the internet. People want to know the quality of a product before they go ahead and buy one. I have personally bought a few items after checking a couple of reviews online. It is not just the quality but also the experience you had with the product that people look for in reviews. There are many ways on how you can write a review but having a proper website and then offering people some quality reviews will help a lot when it comes to making commissions or having a sale.
It probably might take some time to make a sale from a website with reviews but ultimately you are going to have a constant flow of income and the only thing work you would be left with is the maintenance of your site. Maintenance is not going to be that difficult especially when you have your review site on an autopilot mode where you keep making tons of money even when you are sleeping. I think writing product reviews is an interesting job and it becomes way easier when you personally have an experience with the product that you recommend.
People like genuine stories and when you tell them how the given product solved your problem then they are going to relate to your story and may go ahead and buy the product. While writing reviews it is important to understand that you cannot write about the features of the product, you need to write how the product is going to be helpful. It depends on the type of the product as well. If you are writing about the features, then make sure you give some input from your side as well to make that review unique.
You cannot sell features, you have to sell the uses of a product and when you successfully do that you will end up making more money. By writing reviews you do not need to promote everything out of greed. Give honest opinions for every product that you review in order to build some credibility and trust on your site. I have been writing product reviews as well and it has worked out for me and few others as well who followed a given training.
SO these were a few ways in which you can make money online. In case you have any further questions or comments, then leave them in the comment box below.