Earning money online for most people would be a dream come true. If there were a way they could make money with their own website or some other venture online, they could finally quit their job one day to focus on being an online entrepreneur, spend precious time with family & friends, and taking back total control of the way they work and live their lives.
The reality is, earning income online isn’t a long-winded dream and not as hard or technical as it may sounds. Many have been doing it for nearly three decades and I have been doing it for just 2 years with my own website Earning Online. I know thousands also who are doing the same thing with their own websites, courses, and by applying other unique strategies.
The good news is that the majority of online income earning strategies aren’t complicated at all when you are shown the proper way. With any kind of business venture, it takes time to grow and your online business is no exception. You will have to be willing to devote time to it, as well as energy to get your idea off the ground, and you’ll need to stick it out especially if the journey is slow when starting out.
If you’re aiming to earn revenue online but you’re not sure where to begin, read here the best ways and strategies to mull it over before deciding on what will work for you:
#1: Google Adsense Ads
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Visit most websites and you will see Google ads. These ads are found everywhere for good reasons because they are easy to set up on any website. Once your website starts to generate a steady stream of online traffic, it can be very lucrative.
The cool thing about Google AdSense, it’ easy to set up on your website. If you have a website or web-based blog, you can easily signup for your own free Google AdSense Account. Google will then provide you with a unique code to paste into your website and Google does the rest including, tracking page views, traffic, and what you earn on your behalf. There’s no need for you to upkeep or maintain anything to get AdSense working for you, so it’s a no-brainer especially if you already have a website or web-based blog.
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When I started out, I knew absolutely nothing about anything in regards to earning online. But two months in, my website started making sales and it’s absolutely mind-blowing when you make your first commission, no matter what the amount. It was a whopping $8! The feeling of earning that first commission was amazing beyond belief. It got me so excited about the prospects of earning any amount I wanted. Today my website has earned me thousands.
#2: Online Affiliate Marketing
Whether you have a website or not, or a blog or not, affiliate marketing is a great option. Affiliate marketing works with brand partners and businesses that you choose to have links to via the content on your website. Basically, you have a link to a product or service using a unique affiliate code you received when you signed up as an affiliate for that particular product or service. You’ll earn a commission any time someone goes on to purchase a product or service through the link on your website.
Accordingly, you will partner up to an affiliate programme that is related to the concept or niche of your website and blog. Since I’m an educator, I have focused all of my affiliate effort on training products like how to build your own revenue earning website and everything related including how to rank in Google and other search engines and even how to choose an income earning niche.
As well as signing up for individual affiliate programs, you could sign up to an affiliate ad network which offers a heap of varied affiliates all in one place. Then you could see over a period of time what is working and what is not.
If you are wanting some inspiration, my friends Kyle and Carson are the founders of Wealthy Affiliate, a member-based community training platform for anyone starting an online affiliate business. They are the experts on all things related to online affiliate marketing. Since 2005 they have shared this knowledge with Wealthy Affiliate members.
There are as many niche markets as there are members of Wealthy Affiliate. Literally, millions of ideas or niches exist. This just goes to show that any idea you may be thinking of, will make money and be compatible with nearly any affiliate company or product available out there.
#3: Podcast Recordings
One other way to earn income online is to host an online podcast. The key to getting ahead with podcasting is to find your niche and to grow an audience, then connecting with sponsors to monetize your podcast by having them pay you to have their ad at the beginning of the podcast for example.
This is not the simplest way to make money as there are a lot of logistics involved with the writing, recording, editing, but is worth thinking about as when you get it right, it can be lucrative.
#4: Consulting & Advisery Services
You could try your hand at consulting as a way to make money online. If you are an expert in a particular field, then you could potentially seek out people who would be willing to pay for you to counsel them, personally coach them or help them with business goals for example. You might be surprised at the types of expertise people will pay you for.
A colleague of mine, Martin Thomson, earns income helping people from all over the world with SEO or search engine optimization, and even spellchecking website content.
Other friends and colleagues are consulting on website design and even building peoples websites. Remembering that the internet is one big information highway and seeking information and providing it is the main reason people are online in the first place. What information could you be providing for a fee?
Martin charges a flat fee depending on the amount of work involved and his schedule. He could make up to $100 US dollars an hour. He said it was something he did on the side and when he wasn’t busy with his main income from affiliate marketing.
If you think consulting is something you could be earning revenue from but are not sure how to start, you could set up a free account through Clarity.fm. This is a place for anyone who wants to offer to consult and to set up a free profile. Once you have your profile set up, people can find you to book a paid session with you.
#5: Online Courses
But if you have skills you can teach to others, then it’s entirely possible to set up a course online or even create personal one-to-one coaching online. Online courses teaching anything from cooking to online marketing or how to draw for example are available. Even I offer one-on-one face-to-face coaching to those just starting out with their own web-based business. I use a live screen to instruct up to 10 students at a time.
But most people will upload their course material to a platform like Teachable.com or Udemy.com or if you want to pay using using cryptocurrency then you could try the new decentralised platform BitDegree. People will find your courses here and enroll in them for a fee. In return, you pay a fee to the platform for managing enrollments and fees.
#6: Sales From Books You Write Yourself
The book and publishing industry traditionally was in hard copy print. But nowadays all you need is a computer and the internet to publish a book online. A website like Create Space will allow you to upload and print your book without getting a publisher formally involved and to even get the book on Amason.com for people to buy a digital or hardcopy version of it.
So if you think you have an idea for a book and can write about it, then it’s worthwhile considering this strategy. The bonus is that the start-up costs can be very minimal especially as you probably already possess a computer with word processing software and internet capability anyway.
#7: Website Generated Leads
Another good way to earn money with a website is by gathering leads from it. To make leads work for you, you will need to set up a website and get traffic to it, then collect leads that someone will pay to have. The way it works is people are searching the web to find information and ask questions about something like taking out a loan for example.
The bottom line is that lead buyers are willing to purchase the personal information collected from the people who come to your website. People find your website and request this and that and leave personal information during the process. Lead buyers will pay to have this information and help the lead with their questions and requests so you don’t have to.
Many different industries are willing to pay for the leads you generate as a result of your website. You need to work out a niche and build a website to generate traffic to to it. You also need to find out how much you can get for the leads you collect as a result.
#8: Freelance Content Writing
Do you like to write and have the skills or creative talent for content creation. People will pay to have you write content for their websites when they can’t. It is a very viable income stream you could generate for yourself. I have employed this service myself from time to time. A blogger I personally know, Michelle is such a person and has made thousands from writing content for other peoples websites.
Michelle started out supplementing her income by writing content for others but now has a team of writers to assist. This team are usually students looking to earn a little money while studying full-time. You can charge per word written from 5 cents per word for example.
The key is to working out a niche and networking with people in the same niche who might hire you to write for them. If you can deliver high-quality content then the more work you can get. It’s straight forward getting started when using websites like firrva and Upwork.com.
#9: Sponsored Posts
If you have a large following on social media or through a website, you can earn money seeking out sponsored ads and posts. So how does this work? Well basically, companies will pay social media influencers and bloggers to promote and feature their products and services.
Companies are very aware of the reach followings like this can have, and they want a piece of the pie. S0, if you have an online platform, whether it be from blogging or have a huge following on any of the social media platforms, then this is a great way to earn from it. You can even get paid in free stuff too and not just cash, and it pays to promote products and services you love. Household items, skincare and makeup items, kitchenware, garden care items are just some of the free stuff you can receive.
#10: Webinars
Webinars are a great way to market courses and other product and services. Basically, with a webinar, you are offering advice and tips in a live format in the first instance but it has play-back capability so it can be watched anytime. Remember though, webinars is another platform to promote your product and services and courses.
Jay Neil of magistudios, runs weekly webinars giving tips and advice regarding web-based affiliate marketing. While he gives loads of free tips and advice, he is promoting products and services related to affiliate marketing tools at the end of the day. However, it is a win win for everybody involved including the people watching the webinar for free, the owners of the affiliate tools when sales are generated as a result of Jays webinars, and Jay himself of course, when he gets paid to promote those products and services.
#11: Building A Community Online
You can also earn money from building an online niche community, and the monetising strategies that you can employ should align with whatever your goals are. You could build a membership forum based community where people pay to be a member. Or it could be a blogging community. Facebook groups are popular and you could use your influence to sell and promote product and services there.
My friend Patrick has created such a community where he uses his influence to sell personal growth seminars to his huge membership. He only started a few weeks ago and is already making a killing.
#12: YouTube
Youtub is owned by Google and provides a video platform for those who want to earn income online. They have made it possible for almost anyone, anywhere to earn a living or supplement their income this way. YouTube channels are created for any topic you can think of – there are a ton of them. Anyone with a big YouTube following can earn some serious money if they aren’t already.
You would of heard by now that some of the heavy weights like Antonio Centeno an ex marine officer and men’s fashion expert, has built a YouTube channel called Real Men Real Style. He has built it into a million dollar business.
According to Forbes who conducted a profile study of Youtubes top ten stars included big players such as DanTDM, a gamer who earned $16.5 million in one year.
Will you earn that much starting your own YouTube channel? Not likely, but you can still make money via the YouTube platform using it’s own ad network and getting paid for sponsored posts. If you like to make videos, this is a fun way to make money doing it.
If yoou have a passion for connectiing and talking with people and can offer them your skills and creativity, then this maybe the strategy that gets you started.
At the end of the day, having multiple income streams can be achieved using two or more of the strategies mentioned here. If you are passionate about something and or have great skills and/or knowledge about something, then why not give this ago. Nowadays, there is plenty of online support and training to get you started.
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Hi Rina,
What a wonderful article on ways to earn money online! I really enjoyed reading your article and it opened up my eyes to new ways to earn online. I’ve been working on a blog with Wealthy Affiliate for about a year now and I’ve started to see some money trickle in. It’s barely anything but that’s okay, I’m enjoying the process.
The freelance writing angle seems to be one quite a few people are doing. I’ve checked on Fiverr to have some folks help with some of my posts and there’s a lot of good talent out there.
I know a couple of folks who are working on Youtube channels. I think it’s been slow going so far but I admire their drive.
Thanks for the great article,
Mat
Hi Mat!
Good to hear that you are enjoying the process of earning an income from blogging. The most important sale you will ever make from your online business is the 1st sale, because this is when you know that you are on your way. So good job Mat!
The work you do now particularly in your first year or two, is where most of the work and building out of your online business should be done. Earining any amount of revenue in this time is a bonus. I have seen a lot of people give up on online business because they are expecting to make a ridiculous amount of money in a very short time, for very little effort.
It does not work like this. Unless one is wiling to put some serious amount of time, at least a couple of hours a day for 6 months to two years building out the business, then they should walk away from it.
It’s common for online entreprenuers to employ several of the strategies, if not all, overtime. The more you become experienced, the more confident you become at employing some or all of the strategies outlined in the article.
Regards 🙂
What great ways to make money online! I have a website and I do affiliate marketing but you have given me so many other ideas that I could add to my income stream. I am thinking of starting with Youtube videos. I also have to add some ads on my website as well. I heard it does not pay as much but that’s still some extra money. Thanks for sharing!
Hi Reyhana! Great to see you back again 🙂
You are right about the ads, but I keep them on all of my pages anyway as people have become accustomed to seeing them there. The thing is, you are providing every opportunity to those who visit and who do click the ads – and if this leads to a conversion or sale, then it’s been worth it.
Depending on what you are promoting, you could also have repeat sales from any one conversion. Then it really is worth it then.
I wish you great success Reyhana
Regards 🙂
There’s a lot of great suggestions here on how to make money online! I have been surprised to learn how much money some of those super popular youtubers make! Some of those ventures also take a of bit money I would think. Maybe like podcasting you would need a special microphone and room to make it sound good. I had once also toyed with the idea of voiceovers. This is something that could be done from home and sometimes online. Thanks for a lot of great suggestions! 🙂
Thank you Lynne. I know of people who have hired time in someone elses studio to get started with podcasting. This way you don’t have to spend money on the gear in the first instance, and the gear is already set up. So, I would suggest looking into doing this first. Your ocal radio or community radio stations, or small recording studio in someones basement would do the job.
Hope this helps,
Regards 🙂
Great article!
I prefer doing the Google Adsense and the Affiliate Marketing -making money- things, since I’m doing them for quite a time now, and I have to say that it earns pretty well.
You covered everything very well so people knows exactly what they can expect.
I will share this post, since I really like it!
Thanks!
Hi Emmanuel
Glad to have your comments and pleased you could stop by. Affilliate Marketing as you know, is freely accessable to anyone with an internet connection but also way way easier to set up these days as the technology has evolved. The Wealthy Affiliate platform is testiment to this.
In terms of what you can earn from affiliate marketing is dependent on converting traffic and using tools such as Google Adsence helps to achieve this and the great thing is that it is free!
Thanks again for your imput and have a great day!
Wow great overview of the ways to create an online income. You break down and explaination for each one is done very well. You also need a website as a foundation and a platform that supports and coaches you each step of the way and that’s Wealthy Affiliate. I have not seen another site yet that offers great value for money as they do. Thanks Kenny
Hiya Kenny! Great to have your comments and yes a website based foundation for earning an online income goes without saying. Even if you plan on having a YouTube channel to generate income, having a website too will only increase potential earnings and it’s a place for visitors to your website to browse through. It’s like killing two birds with one stone doubling your potential income stream in this instance.
Thanks again for calling by and have a great day!
Rgards 🙂
Hi Rina,
There are some great options to earning money online. I like the way you describe the 12 methods in your article. My choice is online affiliate marketing. I build a website, choose my niche, do some surveys about my niche, create quality contents, attracting traffic, and earn income from the affiliate links. Thank you for sharing the information with us.
Thank you Gunawan for dropping by and for your thoughts which are much appreciated.
Regards 🙂
Wow, I never thought that there are so many ways to make money online. I used to believe that it is very hard to make a career in the online world. Thanks for sharing all these different ways to make a full time income online. I think affiliate marketing and YouTube channel can be a good career for me. what would be your suggestion for me? I have no prior experience with all theses. Where should I start to become a successful affiliate marketer?
Hi Sanjay!
Glad to see you call by and thanks for the comments and questions!
Once upon a time when the internet was still relatively new and it’s potential wasn’t widely uncovered yet, there were a few pioneers who were venturing into unchanted waters (as humans do – remember when people thought that you would fall off the edge of the earth thinking that the horizon was edge?). As they started to see, they worked hard and long to bring us the technology, tools and knowhow that we see today. Back then it took literally years to put an online business together from scratch.
Now, we have platforms such as explained here in a Wealthy Affifliate review, who with the knowledge they have learned over the years, built the WA platform for people like you and me (I also had no experience at all when I started with Wealthy Affiliate). They teach everything there is to know, showing you step-by-step how to build a web-based revenue earning afiiliate business from scratch. If you can take simple instructions and can commit the time needed to building out your new online busienss, then you too Sanjay can do just as I have done.
WA have a community of like-minded people, there to support your progress and care about your success and can make all of the difference in helping you stay motivated – your own panel of coaches and mentors for free.
You can actually take a look inside WA without cost, before you make a decision or committ to anything.
If it isn’t what you are looking for Sanjay then you could look elsewhere (read my ‘Top Reviews’ at the top of this page, but I believe you will find everything you need in Wealthy Affiliate.
Regards and wishing you great success online 🙂
I think this is a very accurate list. I know of people who make substantial income through using one or more of these online platforms (like YouTube). I think using any one of these would be a great way to finally get yourself out of your comfort zone (that’s where the money is).
You will also learn that making money happens second. So what comes first? Helping people! You may not think or feel like the most helpful person in the world but this is what business is about. Creating honest relationships with people and then providing value to them. This is why it is good to use a platform such as Wealthy Affiliate which takes you from average to business owner in a few minutes (they literally help you create your actual website in under 30 seconds!)
Hi Renton!
Great to have your comments and the emphases on helping others and getting out of your comfort zone. Having people to help and support and the tools and training in one place such as Wealthy Affiliate means one can get started quickly. It’s not unusual to be earning in just a short amount of time and many have already experienced this including myself. This certainly can happen to anyone who is shown the proper way and is prepared to put the work in.
I liken the process of building out your online business to growing a mango tree. You can’t have the mango until you work the soil, prepare and add compost, plant the seed and give the seedling nutrients and water until it matures – and only then will the tree bare fruit.
I appreciate you taking the time to offer up your thoughts to the readers.
Regards 🙂
Hi Rina,
First I want to thank you for sharing this post. It’s not only informative but I love that you share your own story with us. These ‘make money online’ posts are everywhere now a days. It’s your own story that makes it unique and trustworthy.
About Google Ads, do you think if there’s any cons of it? I’ve been thinking about it and opinions are divided. Some say it’s great, others claim that it would ruin the look of your site and the money earn would never be enough to compensate that. What do you think about it?
One more thing, your post is aimed at beginners. So as a beginner myself, the information out there is overwhelming. If you can only pick one way to begin with, which would be your choice?
Looking forward to your opinions and would love to be back for more of your posts.
Cheers,
Wei
Hiya Wei!
Thanks for calling by and for the comments and questions. For starters, any ads including Google Ads should be relevant to your niche, or the topic of your website. So when you are setting up ads within your Google AdSence account be sure that this is the case.
When visitors to your website arrive, they are expecting to see what draw them there in the first place. For example if they click through your post about ‘The Oral Health Of Your Cat’ to your website relevantly named ‘My Cat And I’ then that is what they expect to see. Unrelated ads or posts will deminish trust in you as the publisher or blogger.
Now it’s easy to make these kind of mistakes when you are first starting out without the proper quidance and support. Which brings me to your second question about picking one place for beginners to start earining online. Beginners need to have a proper start and be shown the proper way to get started and the only way to do this is to get the proper training and support. For this reason I highly recommend the training in Wealthy Affiliate where you can get started for free. There is no other place you can get started on the right track from the minute you get there.
I hope this helps you Wei and I wish you every success in the future.
Regards 🙂
Rina