It is always good to be ahead of the curve and know the latest way to make money online, but often you will be surprised what you will find.
The landscape of making money online is constantly evolving, but here are some popular methods for beginners to consider. Keep in mind that the online business environment can change rapidly, so it’s important to do your own research and adapt to current trends and opportunities.
However, the key to success in any of the online money making methods is knowing what the hell you are doing. Yes, this sounds obvious, but many beginners insist on spamming the world their newest product or service.
Sadly, this does not work…
In addition, if you are intending to create content on any of the platforms, create value and quality in your offerings. Creating a readership will pay you back in kind.
Here is a collection of my top online ways to make extra money:
1. Freelancing
Offer your skills and services on freelancing platforms like Upwork, Fiverr, or Freelancer. Common freelancing gigs include writing, graphic design, web development, and digital marketing.
2. Blogging
Start a blog on a topic you are passionate about and monetise it through advertising, affiliate marketing, sponsored posts, or by selling digital products and courses.
3. YouTube
Create a YouTube channel and generate income through ad revenue, sponsorships, and affiliate marketing. Focus on producing high-quality content in a niche you are knowledgeable or passionate about.
4. Affiliate Marketing
Promote products or services from other companies on your website, blog, or social media channels. Earn a commission for each sale or lead generated through your referral links.
5. Dropshipping
Start an e-commerce store without holding inventory. You source products from suppliers and only purchase them when you make a sale. In addition, platforms like Shopify can help you set up your store.
6. Online Courses and eBooks
If you have expertise in a particular area, create and sell online courses or eBooks on platforms like Udemy, PayHip, or Amazon Kindle Direct Publishing.
7. Podcasting
Start a podcast on a niche topic and monetise it through sponsorships, affiliate marketing, or donations from your listeners.
8. Social Media Management
If you have a good understanding of social media platforms, offer social media management services to businesses looking to improve their online presence.
9. Stock Photography/Videos
If you’re into photography or videography, sell your work on stock platforms like Shutterstock or Adobe Stock.
10. Online Surveys and Market Research
Participate in paid online surveys or become a part of market research panels to earn small amounts of money or gift cards.
11. Remote Work
Look for remote job opportunities on platforms like Remote.co, We Work Remotely, or even job boards like LinkedIn.
12. Content Writing
Offer your writing services to websites, blogs, and businesses in need of quality content. Content mills like Textbroker as well as content marketplaces like ContentWriters may have some options to get started.
13. Online Tutoring or Teaching
Are you have expertise in a particular subject? Then consider tutoring or teaching online through platforms like VIPKid, Teachable, or Chegg Tutors.
14. Virtual Assistance
Provide administrative support, customer service, or specialised services to businesses as a virtual assistant.
15. App and Software Development
If you have coding skills, create and sell apps or software, or offer your development services to clients.
16. E-commerce
Start an online store selling physical products or handmade crafts. Platforms like Etsy, eBay, or Amazon can be good places to start.
Bonus online opportunities to make money
Network marketing: One online money making methods which is often overlooked is MLM / network marketing. It does have a bad reputation in the past, but over recent years that has all changed. Many of the newer companies such as doTERRA have put and legitimate and honest face of the industry.
In addition, the use of the internet has become a game changer for affiliate marketers who try their luck with MLM. Also, many have found success by using similar affiliate marketing methods to their MLM businesses.
Download Steven Jackson’s eBook about online ways to make extra money in network marketing for beginnings for best methods and practises.
What next?
Remember that success in any online endeavour often requires time, effort, and persistence. It’s important to research and choose a method that aligns with your skills, interests, and long-term goals. Additionally, be cautious of online scams and always verify the legitimacy of any opportunity before investing your time and money.
In addition, when you are deciding what type of online money making methods you want to do, consider who you are as a person.
So, ask yourself:
- How much free time do I have?
- What skills do I already have that will help me become successful online?
- What interests and hobbies do I have that will help me in an online business?
- How much money can I invest if at all?
Asking these question will help you get closer to the type of niche you want to start. So, before jumping into online ways to make extra money, think about what that means to you.
