Not only will this multiply the money you’re bringing in in a serious way, but it protects you against any sudden changes in the market or in your business. Remember that old saying about putting all your eggs in one basket? A few hours a week committed to just one or two of the following opportunities will put you in a much stronger position to be financially safe and independent.
Podcasting is a unique skill I must admit, but the results are, well, they’re good. Midroll claims that 61% of listeners made a purchase after listening to an advert, so it’s no wonder that their customers are pretty world class (Dunkin’ Donuts, HBO, Squarespace, etc). If you’re not much of writer but you’re not exactly shy either, podcasting could be for you.
I now have a general question that I hope you can address. My husband recently started a travel story/advice website in his first language, Spanish. He hopes to attract Google AdSense to it, but he understands that it will take time. I have just registered my own English site with SiteGround to offer the same content in English, but I don’t yet have an actual framework/theme for it. I’m not too concerned about that, as I can see that many themes would be suitable. I’m feeling a bit overwhelmed by all the details and mechanics of getting this going, however. I don’t want to stumble now if I can do it right, even if it takes a bit longer. My husband’s brother-in-law started his own site a few years ago in Italy and began to make a very lot of money. He then increased his efforts to several more sites, which made him even more money, but then the profits started to fall. My husband and I suspect that he actually decreased his own traffic with the new sites. We would like to have one quality site in 2 languages, which hopefully make money later; but we aren’t greedy and I feel strongly about creating decent content. (If you look at his current site, you will see that the articles are very long. We now realize they have to be shorter going forward!) If you have any advice for us, we would greatly appreciate it. Thank you in advance!
OnlyTheBreast.com. If you're a woman with breast milk, you can sell (or donate) your unused breast milk at this website to moms. You can sell for whatever price you want, but generally, moms sell for a couple bucks an ounce, which can add up, if you pump enough. You can sell locally, but many users ship their breast milk to willing buyers, as well.
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.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
Before we start, I’d like to reiterate as I have in the past. First and foremost, provide value to your readership. Making money will be easy once you’ve created a loyal readership in the right niche. Always remember if you want to create a cash cow of a site, then you need to pick an industry that is thriving and you know a lot about this subject or at least are willing to learn. It also helps if there is less competition in terms of search engine ranking in that particular niche. You can use a tool like SEMRush to help you with that. But enough of that, let’s look at how you can make money online!
That may be fine for other businesses, but my business is different. This is a dangerous line of thinking that holds people back, and it is something that I hear all the time. The fact is that all websites should be able to turn a profit for their owner. This doesn’t just apply to e-commerce websites; this applies equally well to websites for traditional businesses and even non-profits. Although the application of them may be different, the principles are all the same.
Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could even build up a Facebook group and use your influence there to sell and promote products.