In today’s world, everyone seems to be at least a little bit connected to the internet. While traditional jobs are declining, new ones have emerged to take their place. As the world changes, so does how we can make a living and how we can achieve financial freedom. Today, we’re going to tell you about 12 ways that you can make extra money online. Some of these ways will require you to have a steady stream of cash flow while others may require more of a gamble. Hopefully, this article will help you to develop a better understanding of how to make extra money online so that you can take advantage of the opportunities that arise and make the most of your unique talents.
12 Ways to Make Extra Money Online
There are a variety of ways that you can make extra money online. Some of these ways are a little bit more risky than others so you should understand what you’re getting into. Let’s take a look at some of the most popular methods for making money online.
1. Take Surveys
Giving your opinion and taking a survey isn’t necessarily a bad idea, as long as you know what you’re doing. One of the best places to make a quick cash prize is through online surveys. Some of these surveys even pay out in cash! The key is to find a reputable company that is paying out prizes. Once you establish a solid base, then you can begin adding other online surveys that pay out in cash. Keep in mind: these aren’t going to be high-paying jobs but they can help you to establish a steady flow of income.
2. Start an Online Store
If you’re the creative type, you can explore starting an online store that sells all kinds of fun and unique items. Whether you like to design jewellery, like Rosette Jewelry, or clothing, like Hues Clothing, you can use platforms like Etsy to set up shop and get started making money online almost immediately. Keep in mind: this is a tricky business and it takes a lot of time to grow your business and make sales.
3. Start An Online Tutoring Business
If you’re an expert in something, like Microsoft Excel, then you can establish yourself as an online tutor and teach people how to use spreadsheets on a freelance basis. You can use platforms like Skillshare to connect with potential students, set up a lesson plan, and get to work. All you need is an internet connection, a microphone, and a computer (or mobile device). Once you’ve established yourself as an expert, then you can leverage your expertise to make money online almost immediately.
4. Start An Online Transcription Business
If you’re a fast typer, you can establish yourself as an online transcriptionist and make money from home by listening to audio files and typing out what you hear. You’ll need a good microphone, a computer, and a verified high-speed internet connection. You can use platforms like TranscribeMe to get started and start making money online almost immediately. If you want to go the extra mile, you can even take in some of the raw files and re-translate them yourself for even more money.
5. Start An Online Coffee Shop
If you’re the social type and you enjoy spending time with people, you can open up an online coffee shop where you and your customers can meet and have a quick chat or buy each other a cup of coffee. You can use a platform like Shopify to set up a small coffee shop with your partner or friends and then offer your services as a barista to make some extra money online. Your customers can order anything from a simple coffee to a doughnut platter and you can decide how to price everything based on what you can make per hour. Keep in mind: this is a fairly labor-intensive business so you may need to put in the time to learn how to make the perfect flat white.
6. Start An SEO Company
If you have a decent amount of free time on your hands, you can get started establishing yourself as an SEO specialist and build a team of freelance writers that will work with you to build up a portfolio of SEO projects that you can take on. For those who want to establish themselves as a company, you can use platforms like Amazon Mechanical Turk to take on smaller projects (individual tasks) that pay out consistently and give you the chance to establish yourself as an expert in your chosen field. You’ll need to learn a bit about SEO to be able to establish yourself as an expert but once you’ve got your domain name and website set up, then you can get to work.
7. Start A Blog
Blogs aren’t just for fun these days. They can be quite the cash-producing machines if you know how to run them correctly. If you’re looking for an easy way to make money online, then you can get started with a simple blog on a platform like Blogger or WordPress. You can put in the time to learn how to pick a niche and build up a following (a significant number of engaged readers) and then use your blog to launch your product or service offerings. The advantage of this method is that you’re not tied to one product or service. As long as you can find a niche that’s in demand, you can always make money with a blog. Keep in mind: establishing a successful blog takes a lot of time and you’ll need to put in the work to learn how to make the most of it.
8. Start An Online Travel Agent Business
If you’re the adventurous type and you want to try your hand at something new, you can get started establishing yourself as an online travel agent and book everything from plane tickets to luxury vacations. You’ll need a good grasp of sales and a keen eye for detail. Once you’ve got your travel agency up and running, then you can begin booking luxury vacations for clients. You can also use platforms like Lonely Planet to find your niche and get to work. The key is to find a profitable niche and build a team.
9. Start A Podcasting Business
Podcasting isn’t just for fun these days. If you download the right apps and put in the time to learn how to pod cast, you can make money from home by creating audio presentations on virtually any subject matter. You can use platforms like Blubrry to get started and then use your podcast to establish yourself as an expert in your chosen field. The great thing about podcasting is that you don’t necessarily need a significant audience to make money. You can start with any niche and then expand your audience as you grow your business. If you decide that this is a good way to go, then you can use a tool like Funnelwebsite to get started building your podcast.
10. Start A YouTube Channel
YouTube creators can make a lot of money. All you need to do is create entertaining videos in a wide variety of niches and then get to work promoting your channel. You can get paid per click or per view for your videos. Create infographics for businesses, like Mint Vue, to build up a modest following, which can then be used to gain credibility and promote your other offerings. The great thing about this method is that you don’t necessarily need to be established to make money. You can get to work right away and then use other methods discussed on this list to establish yourself as an expert. Just remember: building a following on YouTube takes a lot of time so don’t expect to see results immediately.
11. Start An Affiliate Marketing Business
If you’ve got a significant other, you can get started establishing yourselves as an affiliate marketing team and earn a commission on every purchase that your customers make, whether or not you’re directly connected to them. You’ll need to learn a bit about affiliate marketing to be able to get started but once you’ve got your digital nomad kit ready to go, then you can begin making money online through affiliate marketing. Keep in mind: this is a fairly passive income business so you may need to put in the time to learn the ropes before you can truly begin making money online via affiliate marketing.