It’s 2019 and many of us are still trying to figure out how to make money online. Hopefully, this article will help.
Find Your Niche
You might be wondering, ‘How can I make money online when so many are doing it?’ The answer is simple – find your niche. Find the sector of the online world that you are passionate about and can become an expert in. When you have identified this niche, you will be able to develop content that is highly relevant to your target audience and can thus, be more valuable.
For example, if you are an expert in mobile photography, you could create tips and tricks for that niche. If you are really good, you could even create a product for that niche – a mobile photography guide, perhaps?
Content is King
We are living in a world full of information and content is no longer limited to traditional media. As a result, many traditional sources of revenue, such as print and online advertising, have suffered. However, there are still plenty of opportunities for content creators to make money online.
As an example, if you are an expert in mobile photography and know how to create high-quality content for that platform, then you could take advantage of the fact that there is a huge audience of potential customers on the go. Many companies make money online by creating apps and tools for iOS and Android devices. If you can create an app that helps mobile photographers to take better pictures, you can potentially make a lot of money.
Curate An Expert Library
Another way to make money online is to create an expert library. An expert library is a collection of videos, blogs, and other online content that you have personally curated. You can use your expertise to curate the collection and, in so doing, provide your audience with expert-approved content on a variety of topics. When you establish your expertise, you can also use it to evaluate and recommend products that you find useful or interesting.
Create An Online Store
If you are looking to create an online store, you could use Shopify, for example, to get up and running in no time. With Shopify, you can easily set up an online store in under a minute. Once you have your website, you can use the store to sell your own products or those curated by other experts. If you do decide to sell your own products, you can integrate a variety of popular shopping platforms, such as Shopify’s own store, as well as, e-commerce solutions, like WooCommerce, to create a fully functioning online shop.
Monetising Your Expertise
If you are looking for a simpler way to make money online, you could consider monetising your expertise. You might decide to use your blog to share your insights on a variety of topics and incorporate affiliate links. When a user clicks on an affiliate link and makes a purchase after reading your blog post, you make a small commission. You may also choose to charge a fee for certain services that you provide, such as coaching or consulting. You can use your blog to highlight your expertise, share your insights, and allow others to benefit from your expert knowledge. You may also choose to monetise your expertise by becoming a digital marketing or content strategist for hire.
Make Money With Affiliate Marketing
Another great way to make money online is to use affiliate marketing. You can get started with this method by creating informational product pages (i.e. ‘blog posts’) for companies that you are aware will be of interest to your target audience. When an audience member chooses to buy a product after reading your blog post, you make a small commission.
You may also choose to try affiliate marketing for products that you cannot sell yourself. For example, you can write an article about a popular app that you find helpful and, in so doing, earn a small commission when someone clicks the link and makes a purchase within 24 hours. It’s a great way to make money online without having to create any content yourself.
Make Money With Freelance Blogging
If you are a talented writer looking for a way to make money online, you could try freelancing. You may start off by writing for small firms or individuals who can’t afford a full-time content creator. To earn money online, you could use platforms like Fiverr, where you can offer your writing services for free, or Upwork, where you can connect with potential clients and receive assignments for freelance jobs.
Make Money With Influencer Marketing
If you are an influencer with a large social media following, you can use your influence to earn money online. For instance, you could choose to partner with a company that allows creators to earn money online. When you partner with a company that connects creators with advertisers, you can then introduce your audience to new products and platforms that you believe they will find valuable. When an audience member chooses to buy a product after being influenced by your content, you make a small commission – just like with affiliate marketing.
The great thing about influencer marketing is that you do not necessarily need to have a lot of followers to get started. You could choose to focus on growing your following for a specific channel, such as Instagram, and, in so doing, earn money online. Companies like Top Tier Marketing utilize a variety of marketing methods and leverage influencers to gain visibility and credibility with potential customers – a tactic known as ‘influencer marketing’. If you can become a known influencer in your industry, you can use your platform to promote products that you feel will be valuable to your audience, while also, making money online.
Make Money With Affiliate Marketing (continued)
If you are still reading, you may be wondering what is the difference between affiliate marketing and the other methods mentioned so far. Affiliate marketing, as the name implies, is the act of promoting others’ products (variously known as affiliate products or simply products) for revenue sharing. When a product is promoted with an affiliate link, the vendor will usually pay the affiliate a commission for each purchase that is made, directly or indirectly, as a result of the promotion. If you want to learn more, read our guide to Affiliate Marketing.
Once you have some knowledge of how to make money online, you may wonder how you can continue to grow your income. One great way to do this is to become a SMM (Social Media Marketing) expert. If you can gain credibility as a social media expert, you can potentially pitch your services to brands and businesses that are active on social media. You may, therefore, choose to work with brands that are interested in expanding their reach online. When an audience member clicks on a sponsored link and makes a purchase after reading your blog post, you earn a small commission. To get started, read our guide to SMM.