In this blog post, I will tell you several ways to make money online. Some are more suited for experienced online marketers, while others may be a good option for those who are just getting started. Regardless of your experience level, you’re bound to discover a method that suits you perfectly.
Create and sell your own products
This may be the most obvious way to make money online. After all, you’re reading this article, right? I mean, you’re probably thinking about creating some sort of product or service and trying to figure out how to make money selling it, right?
Whether you decide to write a book, package up some courses or tools, or develop an app – there’s a market for almost everything. From the most popular brands to small, independent businesses, there’s a product or service to fit every niche.
If you’re passionate about an idea or product, then there’s no reason why you shouldn’t be able to find a way to monetize it. You can use a tool like Shopify to easily get started with product creation.
Monetise YouTube videos
YouTube is the second-largest search engine after Google, and it is growing faster than even Google itself. With billions of videos being watched every month, it’s an obvious target for entrepreneurs and online marketers alike.
Since the majority of videos are uploaded by users themselves, rather than big brands or companies – the copyright for all videos belongs to the users who created them. This means you could potentially make money online without needing to learn any programming skills at all. You could create simple products or tools that make it easy for users to navigate, find and buy what they want on YouTube.
However, rather than just focusing on the fact that the videos’ copyrights belong to you, you could also develop products that allow you to monetize specific videos. For example, perhaps you notice a particular video goes viral and ends up being a massive success. You could clone that video and successfully duplicate the results.
Start an online store
With Shopify, you can open a shop in under a minute. What is a Shopify shop? It’s a store or web-based marketplace where you can sell your own products (including those you create with Shopify).
So, instead of just selling your own products online as you build your audience, you could also use Shopify to launch your own store. When users visit your store, they will see all your products listed on one page. From there, they can click on any of the items and be taken to a checkout page to make their purchase. If someone buys something from your store, you will earn a commission.
The best part is that you don’t need a huge amount of investment or resources to get started with Shopify. You can open an account with the platform for free and start selling your own products right away.
Create a Membership Site
Users have a habit of spending a lot of time online. Nowadays, people spend more time online than they do in real life. This is mostly thanks to the growth of the internet and mobile phones. A lot of people have an idle time on their hands, and content creators know this well.
If you believe that there’s an audience that would benefit from a membership site, then creating one could be a profitable venture. A membership site is where you can attract and retain paying members. It’s a place where people come back for more, as there’s always more content that can be added. Membership sites often include a library of some sort, where users can access and download courses, guides, how-to’s and other content.
The best part about a membership site is that it provides you with a ready-made audience who are already searching for the content you provide.
Sell and promote affiliate products
This is one of the easier ways to make money online. All you need is a simple product or service to sell, an audience and someone to promote those products for you.
So, what is affiliate marketing? In short, it’s when an online marketer gains revenues from advertisers or affiliate partners when someone clicks a monetized link or buys a product that’s promoted on their behalf. So, in other words, when someone clicks a monetized link or buys a product that’s promoted on their behalf – the person who created the product earns a commission.
One of the easiest and most effective ways to make money online is affiliate marketing. Simply find a product you’re passionate about (one that is within your niche) and become an affiliate for that product. You won’t have to look far for a product to promote, as there are hundreds of thousands of products to choose from.
What’s important is that you choose a product you’re passionate about, as this will naturally translate to better affiliate marketing material. If you believe that your product will make a lot of money for your employer (e.g. a business to business product), then you should look into becoming an affiliate marketer. In some cases, you may even be able to negotiate a commission that’s higher than your employers would normally pay.
Make Money With Affiliate Marketing
Making money with affiliate marketing is easy. All you need is an audience and a way to capture their attention. Then, you can simply get to work creating content that will interest, intrigue and hopefully, inspire your audience to take action.
Simply put, content is king. When it comes to driving traffic and generating sales – content is the single biggest differentiator. The more you can contribute useful and interesting content to your audience, the more they’ll value you and your advice.
Creating content is easy. It just takes time to find your voice and get experienced with using a content creation platform like Hootsuite or HubSpot.
However, rather than focusing on creating content – you could also use your platform to research and discover topics that will interest and benefit your audience. Platforms like Hootsuite allow you to curate and create content around a specific research topic. For example, if you’re a real estate agent and you notice that people are increasingly using your platform to research property purchases, you could create curated articles about all the key topics surrounding real estate – including buying a home, preparing for settlement, and so on.
Doing so would not only expose your audience to content from an experienced and reliable source – but it will also help you to establish yourself as an expert in the field. Plus, with so much competition in today’s world, establishing an expert source is an easy way to differentiate yourself from the crowd.
Choosing a niche and finding a purpose
If you decide to go the DIY route, you may ask yourself, “What niche should I pick? What’s the popular topic right now?” Since 2016 has seen the beginning of a trend dubbed “niche marketing”, it’s an excellent time to become proficient in this area.
Niche marketing is about finding your area of expertise and becoming an expert in that space. Once you find your niche, you can develop a strategy for how to best position yourself as an expert in that space. For example, if you choose to become an authority on food safety, you could educate potential customers about the risks associated with undercooking food or purchasing pre-made food products that haven’t been properly maintained.
This is an important point to make. In the world of marketing and sales, there is a term called “confusing the language of purchase”. This means using words and phrases that will confuse the person reading your copy – and in some cases, this could mean financial gains for you. If you choose to become an expert in a particular space, then you can take advantage of this fact and develop marketing materials that will confuse and even astound your readers.
Make Money With Affiliate Marketing in 2021
If you’re looking to make money online in the coming months, then affiliate marketing is a viable opportunity. Just make sure that you get started early and put in the necessary work.
With affiliate marketing, you’ll need an audience to start with. From there, you can choose to grow your audience via social media or blog posts – or you can opt for paid advertising. At this point, you’ll need to find a way to capture traffic and turn it into paying customers.
If you decide that blogging is the way to go – whether you’re using your own blog or an established one – you can choose to monetize your content through affiliate marketing. If you already have a platform like WordPress, then you can use affiliate marketing to monetize your content immediately.