In 2015, many different opportunities exist for individuals to make money online. The internet allows for almost every skill or talent to be monetized. Whether you’re an expert photographer, designer, or programmer, there’s usually a way you can create a skill for others to use. You can find work-from-home positions, as well as make money online from investments, side-hustles, and more.
Investment and Speculative Trading
In early 2015, two relatively new forms of online income came to the forefront. One is referred to as ‘penny stock scam’ where individuals buy very small, potentially fraudulent stocks in companies they think are going to rise in value. In reality, these companies are usually a sham and do not provide any value to investors. The other form is referred to as ‘cryptocurrency’, where individuals purchase and trade virtual currencies (bitcoin, litecoin, ethereum, etc.) either for profit or for a social good. Unlike traditional investments, there is no governing body in charge of overseeing these types of investment vehicles. Their value is determined by the market, and as such, can rise and fall rapidly. In the final quarter of 2014, the value of one bitcoin was around $335, but on January 2, 2015 it was only $121.95, showing a more than 85% decline in value. At the time of writing, one bitcoin is valued at $171.22.
This form of online monetization relies on a person, business, or website building a relationship with a customer, client, or audience and then monetizing that relationship. When someone clicks a link or purchases an item after being told they can get a bonus or discount for doing so, they are engaging in affiliate marketing.
Because affiliates are paid based on the sales they generate, this can be a very profitable form of online income. It’s a win-win situation for both the affiliate marketer and the customer. The affiliate marketer can earn a commission on every sale, and the customer can enjoy the discount or freebie they were promised. In the past, affiliates typically earned less than $100 per month, but today, with the rise of online shopping, many more ways to make money, and increased competition, affiliate marketing can be a lucrative option for anyone who wants to try it.
If you’ve ever wondered what would happen if you invested a few hundred dollars in a high-quality CD ladder that you then used to generate consistent monthly income, you can find out by trying out RealtyShares or similar investment products. Basically, these are high-yield investment contracts that pay out as real estate values rise or fall. Just remember that the performance of these types of investments can vary greatly, so make sure you understand the risks before getting started.
Daily Deals And Discounts
Some online businesses will pay you to take part in their daily deals or discounts. All you have to do is click a link in their email, go to the site, and take note of the offers they have available. You’ll usually have to join a deal-of-the-day website to take part in these types of opportunities, but it’s easy money that can add up quickly if you’re able to participate in multiple deals each day.
Monetizing Your Blog
If you’ve got a well-written blog with a large audience, you can take advantage of the fact that others want to read your content and pay you to promote their interests. Simply create an affiliate relationship with a reputable company that offers a product relevant to your niche, and when someone clicks a link or makes a purchase after reading your blog post, you’ll earn a small commission.
There are many ways to make money online. Some of them are more suitable for certain individuals than others, but as long as you have an internet connection and a computer, you can definitely find a way to earn some extra cash.