If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Write reviews of products or services. First, you could write reviews of products and services that you already use. For example, Snoring HQ produces reviews of a number of different products designed to help users stop snoring. People almost always look for third-party neutral reviews of products and services they’re considering buying, so this is a valuable opportunity to build both visibility and user trust.
This monetization method is low-cost and low-risk. It’s never been easier to start writing an e-book, publishing it and making money from it. No additional costs for printing the books and publishing them. All can be done online, on your own website. And you charge a fee for the download link and collect e-mail addresses (for future follow-up and e-books upselling) monetizing this way your website. You can even gather past blog articles, give them a coherent structure and provide them to the public in the form of an e-book.
Tutor students. Many families prefer the flexibility of using an online tutor. Depending on your background, you could be simply helping a child with homework or providing college-level support. You need to have your own computer and high speed internet. Experience required differs among companies. Some require “strong experience,” while others require a specific educational background. However, most companies do require a college degree.
With apps being constantly developed, competent app developers are in high demand. Again, if you have the experience or skills to create successful apps then this could be something you could end up working on as a full-time freelancer. Check out adverts for developers on Toptal, a higher paying jobs site for experienced freelancers wanting to make money online.
If you have goods or services to sell, your blog or website is a great place to do it directly. Whether you design children's apparel, build handmade guitars, take gorgeous photos or offer web consulting services, an intuitive eCommerce platform like Weebly's makes it easy to set up shop, process sales and compete with big online retailers in both aesthetics and technology.
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
In his follow-up to the cult classic The Toilet Paper Entrepreneur and the game-changing book, The Pumpkin Plan, author and entrepreneur Mike Michalowicz details the cash management system that will ensure any business – of any size, in any industry, no matter how much debt it carries or how many years it has been operating— will become permanently profitable.
Webinars On Air is a powerful webinar tool that will enable you to create professional webinars for your viewers. Harnessing the power of Google Hangouts, this all in one solution will take care of all the technical aspects of hosting a webinar, including payments. Also have a look at our guide to the best webinar software, both free and paid options.
And as for advertising on behalf of others, via any of the multiple previously discussed methods. Always ask yourself “Would I buy this service/product that I am recommending if I have the same requirements as my readers?”. It’s far easier to convince someone else to purchase something if you are convinced about the quality of product you are recommending.
Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that isn’t run by a government or institution. Bitcoin is the most well known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is worth over $17k and is expected to be worth well over $1m in 2022.
Also known as CPA or Cost Per Action, Affiliate Marketing is an extremely profitable way to generate revenue for your website. The section of Affiliate Marketing goes into a lot of detail, rightly employed it can make your site very profitable relative to running CPM or PPC advertisements. It’s also a lot tougher to utilize, so let’s talk about affiliate marketing.
Another list building technique you should be trying, is a squeeze page. A squeeze page is a dedicated page on your site to getting a visitor to sign up for your mailing list. You can see an example of a page like this by checking out our squeeze page for our Traffic Domination video! If you want to create amazing high converting squeeze pages (+ a lot more), check out Optimizepress.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.
Running a coupons website can be very lucrative. Find a coupon niche, select a WordPress coupon theme, and then display relevant coupons on your site. When your audience uses the coupon codes or discount links, you will earn an affiliate cut for example you could set-up a site dedicated to iHerb Coupons or add a page to your website with Web Hosting Promo Codes. Coupon websites are quite high maintenance as they need to be constantly updated with new offers. However, if you build up an engaged audience and allow them to post coupons and discounts they have found themselves, then quite quickly your workload will reduce.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Focus on the surveys and offers at the top of the list. Here's a tip not many people know. CashCrate has a special algorithm that automatically selects the best surveys and offers and places them at the top of the list. There are several factors that go into determining which are the “best”, including payout, approval rate, and a variety of other factors. But all you need to know is that these surveys and offers are great, so you can do them in confidence!
Anyone interested in making money online should be pursuing passive income, while also working on active income. There are loads of ways to generate an income passively on the internet, many of which start at the foundation of having a blog, generating substantial traffic and building an audience and a list. Is it easy? Nope. Is it worth it? It sure is. But that doesn't mean you need to start a blog to make money online today.