Income is an important consideration in every area of your life. At the very least, you want to have enough of a regular income to meet your basic needs. However, even if you’re managing just fine, there are many opportunities to make extra money online that you might not have considered. These are the top ten ways to make extra money online that you need to know about.
1. Start a blog.
Blogs aren’t just for fun these days. They can be quite the moneymaker when done right. The key is to pick your niche, build your audience and then monetize the blog. It doesn’t get much easier than that. You’ll simply need to find a way to make money from the blog, especially since you’re probably going to be able to benefit from the ever-increasing affiliate marketing market. Blogs are a great choice for beginner’s or someone who wants to make extra money online quickly.
2. Start an online store.
E-commerce is also a viable option for anyone looking to make extra money online. You’ll simply need a solid e-commerce platform, whether you want to build your own store using something like Shopify or WordPress or use a service like Shopify to build your online store for you. Then, you’ll need to determine which products you want to sell and how you intend to sell them. You can use your platform of choice to perform all of this automatically for you (without having to hire a sales person).
As with any other way you can make money online, be sure to market your store correctly. You can use various techniques such as SEO, social media marketing and affiliate marketing to get the most out of your online store.
2. Start an online tutoring business.
If you’re looking for something more hands-on, you can start an online tutoring business with a platform like Teachable. You’ll have to have some technical knowledge yourself, but once you’ve built up a small audience, you can begin offering online tutoring in a variety of subjects, including English, math and social studies.
What’s great about this option is that you can essentially scale as quickly as you like. You can start out with just a couple of tutors and grow your business organically, while also generating a steady flow of income.
3. Start an online ESL teaching business.
If you’re a language learner yourself or know someone who is, then you can start an online ESL teaching business, specializing in English as a second language. You can use platforms like Skype or Google Hangouts to connect with potential students around the world and teach them English via video chat. Some people even prefer online learning because it offers flexibility and convenience.
You’ll need to establish yourself as an expert in English and have a clear understanding of the language learning process. However, the real challenge will be in getting students to visit your site and pay for your services. Getting just one student can be quite the feat, but if you can pull it off, you can make a lot of money from this platform.
4. Start an online translation business.
Whether you’re a native English speaker or bilingual, you can start an online translation business. All you need is a computer and the ability to translate English into other languages. If you’re looking for a low-cost option, you can even use online translators like Google Translator to do some of the work for you. You’ll simply need to review the translated content to make sure it’s correct and then add it to your website or store.
You can use various techniques to get the most out of your translation business, including SEO, social media and affiliate marketing.
5. Start an online magazine.
Creating an online magazine isn’t as hard as you’d think. You can use platforms like WordPress, Wix or SquareSpace to simply launch a digital version of your magazine, featuring articles and stories from your website.
What’s great about this option is that you don’t have to worry about high upfront costs. You can simply launch a magazine whenever you want and start attracting paying subscribers immediately.
6. Start a YouTube channel.
YouTube creators can make a lot of money, even when they don’t make much money off ads. You can start a YouTube channel in almost any niche, from fashion to gaming, and make money off memberships, live chats and, of course, ads. You’ll have to create a strategy to make the most of your channel, focusing on growth and monetization, but it’s not as difficult as it sounds.
7. Start a podcast.
You can also make money from a podcast, either by selling and promoting products related to your niche or through affiliate marketing. To get started, all you need is a microphone and a cheap sound system. You can then use a podcasting platform like Gimlet or Anchor to get the word out about your podcast. Once people start listening, you can begin promoting products and making money off a potential subscriber base.
8. Start a livestreaming business.
If you’re looking for another way to make money online, you can start a livestreaming business. All you need is a camera, a computer and an internet connection. You can use platforms like YouTube, Twitch and Facebook Live to broadcast yourself playing various video, mobile or board games. People can interact with you during the livestream and you can even talk about products related to your niche. You can then promote products and make money off your audience.
9. Start an online survey marketing business.
Up until now, we’ve discussed ways to make money online that don’t require you to have a website. However, if you want to make money online, you can easily do so with the help of a platform like Survey Junkie. You’ll simply need to find a niche, build a survey and then take surveys from companies in exchange for a percentage of your earnings. You can then promote products related to your niche during the survey to make money.
What’s great about this option is that you don’t necessarily need a lot of money to get started. You can simply sign up with Survey Junkie for free and then begin earning. You can then use your earnings to fund your future surveys or to pay for the products you promote during the surveys.
10. Start an online tutoring business.
If none of the other options appeal to you, you can always become an online tutor. All you need is a laptop, a microphone and a clear mind. You can use platforms like Skype, Google Meet or Zoom to connect with potential students and then begin teaching them English or Math or anything else you’re good at.
You can use various techniques to get the most out of your tutoring business, including SEO, social media and affiliate marketing.
How to Make Extra Money Online
Income is important to all of us. At the very least, you want to have enough of a regular income to meet your basic needs. However, even if you’re managing just fine, there are many opportunities to make extra money online that you might not have considered. These are the top ten ways to make extra money online that you need to know about.