Why make $7 an hour selling coffee behind a counter when you can easily earn the same amount by spending 10 minutes to write an article on your blog? The internet offers a viable source of money which can help to supplement your regular income; the internet is lucrative and has personal freedom that comes with working without a fixed schedule or geographic location. There is no need to suffer through monotonous day jobs which offer poor returns for the time invested.
Cataloging the Different Ways to Make Money Online:A basic search on Google will reveal many ways to make money online; categorize and compile a list of the online money making methods available so that future visitors can have reference point which provides them with all information they need. Make sure it covers most of the ways to make money online, more methods and examples of how to make money online will be added to this list, which can be considered a work in progress.
- Set up a Blog or Website for Profit: Some of the best ways to make money online is to create a website or blog which allows you to earn money from the display of advertisements or the sale of products and services. There are many different types of money making blogs which will help you make money and you’ll need to pick a model that suits your interests, schedule and skill levels. A simple no frills blog will allow you to easily pull in at least several hundred dollars in a month through the use of paid blogging websites alone. For more information, check out Dosh Dosh’s archive of articles on how to make money blogging. Apart from blogs, other websites can easily help you to generate passive income as well. These can range from e-commerce websites, social communities and information portals to basic landing pages for affiliate programs.
- Learn about Affiliate Marketing and The Art of Selling: Affiliate marketing is a big and profitable industry that covers a wide spectrum of topics and fields. If you’ve got an interest in fitness, you can make money promoting fitness videos or courses. In terms of fashion wear, you can earn commissions by recommending friends to clothing or t-shirt companies with affiliate programs. The amount of money you make depends on what you are selling. Affiliate marketing is one of the most powerful ways to make money from the web. Amazon, Commission Junction and Click Bank are three of the biggest affiliate marketplaces you can use if you’re branching out into affiliate marketing.
- Start an Online Business: It isn’t difficult to start a business; it’s all about hiring the right people, having enough knowledge and connections within a specific industry. You should do some in depth research before you decide to settle on a specific niche for your business. Starting your own online business or company allows you to make money off the provision of specific services or products you may have. Some examples of popular online trades include web design, copywriting and internet marketing. Entrepreneur.com has a good collection of tips on how to start an online business.
- Try out Domaining and the Online Real Estate Trade: This business involves buying, selling, developing and making money from domain names. A domainer purchases many domain names and sells them to interested buyers. This is similar to real estate investing offline and domainers also make money by developing websites and reselling it to a buyer. This practice is known as site flipping and can make you a tidy sum of money if you know how to build an attractive and profitable website. For a rough estimate of how much money you can earn from site flipping, check out the Site Point Marketplace to browse through the collection of websites for sale.