When you’re looking for ways to make money online, there are dozens of options available. While some of these tasks are easy enough to do and can easily produce a profit, others can be a bit more challenging. If you’re looking to create a passive income stream, you might consider exploring the latter category and see what options await you.
In this article, we’ll introduce you to four ways to earn money online that are under the radar of most people but can be very profitable when pursued. These are affiliate marketing, eBay selling, cryptocurrency mining, and blogging. We’ll walk you through each one, providing you with the necessary information to get started quickly and easily.
Affiliate Marketing
If you’ve ever been to Amazon, you might have noticed something about the language of its webpages. A single Amazon webpage can contain dozens and dozens of affiliate marketing URLs, all of which could be easily tracked and managed from one place. When a webmaster (someone who builds websites for a living) gets paid per click or per impression on a given site, they generally choose affiliate marketing as one of the ways to make money online.
You can find hundreds of affiliate marketing opportunities within the Amazon Network, which offers various products and services. When a product or service is purchased through one of these affiliate links, the webmaster earns a commission. Depending on the product or service, this can range from a few cents to several dollars. If you’re new to affiliate marketing, you might find it difficult to know what products to promote and which ones to avoid. That’s why we’ve prepared this comprehensive list of the top 20 niches that you can profitably promote on social media platforms like Amazon and eBay.
eBay Selling
If you’ve ever shopped on eBay, you might already know that you can list almost any product or service and be confident of receiving a response from at least one of its numerous prospective buyers. eBay purchases can range from inexpensive to high-end product, so regardless of your experience level, you’re sure to find something you can offer for sale.
If you’re looking for ways to make money online, you might consider eBay as a venue for shopping. You can use eBay’s platform to reach an international audience and make money off the sales of virtually anything. There’s a whole section of their site devoted to making money online, so if you have a specific niche product or service that you specialize in, you can definitely find a way to make money on eBay. There are also hundreds of vendors that sell and ship goods to eBay users on a daily basis. If you can get to that point, you can set up automated eBay auctions to get the process started quickly and effortlessly. You just have to establish a presence on the platform and then promote your auctions successfully. You might also consider doing some research into popular products that are currently in demand and then create a special deal or discount for the eBay auction.
Blogs are a great place to establish a presence on the web that is both authoritative and popular. If you can get the word out about your blog through social media platforms like Twitter and Facebook, you can potentially reach a large audience. The fact that people are increasingly getting their news and information online through social media gives you the opportunity to connect with your audience and get them to trust you and your content. If you’ve got a pretty big following already on your social media platforms, it’s time to break out the blog and start creating content for your audience.
Cryptocurrency Mining
If you’ve been paying attention to the news over the past year, you might know that cryptocurrencies have taken the world by storm. Everyone and their mother is jumping on the cryptocurrency bandwagon, and many people are making a fortune from mining (the process of using specialized hardware to solve complex math equations and thus gain Bitcoins or other cryptocurrencies).
If you’re looking for ways to make money online, you might consider mining cryptocurrencies. There are dozens of different cryptocurrencies that you can mine, and the list is growing every day. In order to get started, all you need is a graphics card (more on this later) and a Bitcoin wallet.
Mining cryptocurrencies isn’t as easy as it sounds. For one thing, you have to have access to specialized hardware to carry out the process. Without having access to specialized hardware, you’re essentially just using your CPU (the little grey machine you probably use to access the internet) to perform the mining. While it’s possible to mine cryptocurrencies using just your CPU, it’s not recommended. If you want to create a passive income stream, you might consider getting yourself some specialized hardware to do the mining for you.
Blogging
In addition to the above, you can create blogs and sell and promote affiliate products from them. In theory, this isn’t a very different process from the above options, but in practice, it can be quite a bit more difficult. You obviously need to have a blog in order to do this, but aside from that, you need to have an established audience to make money blogging. You’re going to have to put in the time to build up that audience, but once you’ve got it, the money starts to flow freely. You can sell and promote affiliate products from your blog without having to run multiple ads or track any conversions, because the entire process is automated and hands-free.
There you have it. Four ways to make money online that don’t require much experience but can be highly profitable if pursued. Do any of these sounds like a possibility that you’ll pursue?