In recent years, the world of online marketing has exploded and developed into a multi-billion dollar industry. As a result, a lot of money-making opportunities have emerged. If you’re looking for ways to make extra cash online, check out these 13 different profitable ideas. Hopefully, one of these options will be a source of easy income for you.
Start An Online Store
If you’re looking to make extra cash, one of the best ways is to start an online store. As the name would suggest, an online store is where you can sell and market your products electronically, i.e., online. There are a variety of store types to choose from when beginning your online store journey, such as:
- Penny Auction Sites
- Viral Marketing Campaigns
- Ebay Stores
- Takeaway Website
- Recycle Business
- Virtual Shopping Mall
Whichever one you choose, the key to success is to pick a profitable niche and then to focus on growing your audience. An audience that trusts your advice, that is interested in your product, and that is inclined to buy what you recommend. With this kind of audience, you can launch and grow a successful online store in no time.
Penny Auctions And Pay-per-click Advertising
Another great way to make money online is to participate in auction sites and pay-per-click advertising. What is an auction site? Well, it’s exactly what it sounds like. People willing to part with money for advertising space on their websites are willing to ‘auction’ that space off to advertisers. The adverts shown within these sites generally appear at the top or the bottom of the page, depending on the platform. They can be quite animated and can include text, images, and video content. These ads can be highly targeted, using advanced technologies such as:
- XML Sitemaps
- Pay-per-click Advertising
- Facebook Pixel
- Google Analytics
The great thing about these forms of online marketing is they’re very easy to get started with. Simply find a profitable niche and then use automated marketing to promote products within that niche. Once you’ve got a good amount of traffic, you can consider switching to a lead generation platform such as:
- Envato Studio
Which leads us to our next point…
Monetise Your Blog
If you’re a blogger, you can turn your blog into a money-making machine by simply taking advantage of the fact that people are constantly searching for ways to make money online. If you can become a ‘go-to’ source for information about ways to make easy cash, you’ll be able to build up a substantial audience. When that audience starts to engage with your content, you’ll be able to promote and monetise your blog. Some of the ways you can do this include:
- Product Reviews
- Video Content
- Affiliate Marketing
Blogs can be a great source of revenue. All you need to do is to find a profitable niche and then to build and grow your audience. When that happens, you can consider monetising your blog. Of course, you’ll need to find a way to make money online that doesn’t compromise your integrity. That’s something that takes a bit of skill. But once you’ve got that skill, the revenue possibilities are endless.
Become A Freelancer
Alternatively, you can become a freelancer. If you’re a skilled and qualified designer, writer, or marketer, you can put your skills to use and earn money online. Some of the tasks you’ll be asked to do include::
- Brand Strategy
- Content Marketing
- Graphics Design
- IT Security
- Mobile App Development
- Product Research
- Software Testing
- Web Development
For each project you take on, you’ll need to consider whether you’re going to be able to complete it on time, to the satisfaction of your client, and most importantly, to make a profit. To find out more, you can read this amazing blog post by Derek Halpern. In it, he discusses how to make the most of your freelance portfolio.
Start An Online Shop By Using A WordPress Plugin
If you’ve got a WordPress blog, you can use a WordPress plugin to create an online shop. An online shop is essentially an automated store, where all of the processing is done by a third party. When a customer makes a purchase, the money is transferred directly to your account. Some of the most popular and effective plugins for creating online shops include:
The great thing about these plugins is not only do they make establishing and operating an online shop very easy, but they also automatically adapt to changing market conditions. If you’ve got a clear idea of how online marketing and sales works, you can use these plugins to generate sales in your spare time. It’s as simple as installing the plugin, creating a product page for the item you want to sell, and then promoting and ‘trafficking’ that product page. When visitors make a purchase from that product page, you’ll receive an affiliate commission. Simply put, when you make a sale, you’ll earn money. It’s that simple.
Use Coupons And Discounts
Another simple way to make money online is to use coupons and discounts. When you use coupons and discounts, you’ll generally be provided with a number of ‘points’ or ‘credits’ that you can then use to make a purchase. For example, say you’ve got a $5 discount coupon for Subway. If you go to Subway and make a purchase of $10+, the $5 discount will be applied and you’ll end up paying only $4. Some coupons and discounts can even be stacked, providing you with additional savings. Simply search for the coupon or discount you want to use and apply it towards your purchase. When you use coupons and discounts, it’s generally best to buy what you need instead of going for large or extravagant purchases, as this is usually the strategy employed by coupon and discount promos. This is because they are usually limited in number and can only be applied towards a single purchase.
Use Your Mobile Phone To Its Full Potential
If you’ve got an Android phone or tablet, you can use their inbuilt Google Play Store and Apple App Store to make money online. Simply browse through the apps and games available on these stores, create a listing for the product you want to promote, and then put up a bid for the price it’s selling for. If your bid is accepted, you’ll then be presented with a download link for the app or game. Once you’ve downloaded the app or game, you can then promote and monetise it using the same methods discussed above.
Use Your Computer’s Internet Connection To Make Money
If you’ve got a computer or laptop, you can use its inbuilt Wi-Fi connection to make money online. Like with most online ventures, you’ll need to find a profitable niche and then to build and grow your audience. When that happens, you can consider promoting and monetising your blog using the methods discussed above. One of the simplest ways to do this is to make use of online marketing’s most popular and effective tools, which are generally free. Some of the tools you can use include: