Is it possible to make money online without having a product to sell? Plenty of people are making a living from YouTube, but the key is to figure out how to monetize their content. There are plenty of ways you can make money online without having to resort to selling a product, ranging from showing ads, to getting paid per click, or even per impression. We’ll go over a few of these methods and how to get started with them.
Monetizing Through Affiliate Marketing
One of the oldest and most popular ways to monetize content is through affiliate sales. Affiliate marketing is when a third party sells products or services on behalf of another company, and when a customer follows a link or sees an ad on social media, they’re taken to a page where they can make a purchase. You can use tools like Linkedin, Quora and Facebook to gain exposure to potential customers, and when they land on your site, you can promote and earn money off the products you think they might want.
One of the biggest mistakes newbies make when trying to make money with affiliate marketing is they think it’s all about selling a lot of products. That’s not the case, it’s about finding your audience and appealing to them so when they do have something in mind that they want, you can be the first to tell them about it.
Monetizing Through Video Content
Thanks to the rise of TikTok, the video world has shifted. Before TikTok, videos were mostly used to tell stories or inform viewers of what was going on. Now, people are using videos to entertain and engage with their audiences. If you can capture and hold an audience’s attention with a funny or interesting video, you can make money online.
One of the best examples of this is Skillshare, a platform where users can access thousands of online learning courses and earn money from home. Users can promote products to their audience, using affiliate marketing or display ads, or they can just record themselves talking about the products they’re promoting. If they’re knowledgeable about the subject, they can even teach a short course on it and make money off that alone.
Another way to make money with video content is through affiliate sales. Similar to the previous method, you’ll be promoting and earning money off products, but instead of doing so online, you’ll be documenting your activities in real life. For example, if you were to make a YouTube video about fashion, you could potentially interview various designers and get them to promote their items during the interview. When they do, you’ll be able to tell your audience that you’re bringing the fashion trends in the real world, and you’ll be able to earn a little bit of money off the back of that.
Even if you don’t have an audience yet, you can still make money with an Instagram account by engaging with other Instagrammers. You can follow, like and comment on other users’ photos to gain more followers and eventually make money off the ads that will be served on your page.
Monetizing Through Podcasting
Talking and listening to podcasts has never been more popular than it is today, with the number of monthly listeners on iTunes reaching 49 million in 2020. Most podcasts are simply people talking about news stories, politics or social issues, but you can make a little bit of money from the podcasting world too. You can use a tool like Listennotes to find and organize podcasts you might like, and once you’ve found a few to listen to, you can use a tool like Funnelweb to track how much you’re earning from each podcast. You’ll need a PayPal account to send funds to, but it’s not necessary to have a PayPal account to make money with podcasts.
Just remember that this is a fairly new way to make money online, so you’ll need to find customers and figureheads in your niche to listen to. If you can get a few thousand listeners, you can make a decent amount of money from podcasting alone. If you’ve got a smaller following, you can use affiliate marketing to promote and earn money from various products and services discussed on your podcast.
Monetizing Through Blogging And Yachtin’
Blogs and Yachtins offer a chance to make money online from a different perspective. Typically, when someone decides to monetize their content, they’ll begin by making money off affiliate sales, before moving onto sponsorships and eventually, direct sales. If you’ve decided that you want to get into the blogging or the yachtining world, you can begin by joining affiliate programs for those platforms. Just remember that these are still relatively new ways to make money online, so you’ll need to put in the time to learn how to do it properly.
Blogs are fairly straightforward to make money with. You can simply begin by writing interesting and informative content on your site about your niche. You can also look into making money from affiliate sales, where you’ll be promoting and earning money off various products or services, whether they’re online or not.
The biggest mistake newbies make when trying to make money with blogs is they think its all about attracting as many readers as possible. That’s not the case, it’s about engaging with your audience and creating an environment where people want to come back for more. The more you engage with your audience, the more they’ll value your opinion and want to hear what you have to say. When they do have something in mind that they want to discuss, you can be the first to tell them about it. In cases like this, you can use social media to reach people and potential customers, while also earning money off products you think they might want or need.
Yachtins provide a platform for people to express their opinions, share their experiences and connect with other bozos like them. If you’ve got an interesting story or opinion to share, especially one that’s likely to cause debate, you can use your Yachtin account to do so. Even if what you’ve got is more informative than entertaining, you can use your Yachtin account to get some extra income. Some people even use their Yachtins to make money.
The biggest mistake newbies make when trying to make money with Yachtins is they think its all about getting as many likes as possible. The more you like a post, the more your followers are likely to like it too. When someone decides to monetize their content, they’ll usually start by making money off affiliate sales, then move onto sponsorships and eventually, direct sales. Just remember that this is a fairly new way to make money online, so you’ll need to figure out how to do it properly. You can use tools like Hootsuite to gain exposure to your target audience and when they land on your site, you can promote and earn money from the products you think they might want or need.
These are just a few ways you can make money online. If you’ve got a niche, you can find various ways to monetize it. There’s no one-size-fits-all approach when it comes to monetizing your content, so you’ll need to find what works best for you.