Do you want to make money online and at home? You have come to the right place. I’ve compiled a list of 6 ways to make money online. Before I dive into this list I would like to say a couple of things.
First, There will be future posts similar this one.
Second, having multiple streams of income is crucial in our journey to financial freedom.
In no particular order of importance or payout, here goes:
Sell on Amazon or Ebay
If you don’t like carrying inventory, you can use a feature called Fulfillment By Amazon or FBA. This way of making money very passive in that you don’t have to do any of the hard work.
This is how it works:
- Pick a product to sell
- order/manufacture the product
- Send your product to Amazon’s fulfillment centers
- list the product
- sit back and relax
Amazon does everything else for you! There are a few in-between steps but the list above gives you a general idea. All you have to do make sure you have enough product in the amazon warehouses to fulfill the orders!
Create an online store with Shopify
Shopify is an online platform that allows you to create an online store. You can design your store however you like and list whatever product you would like. I would recommend listing products that you are enthusiastic about and/or are well informed on because this makes selling your product easier.
There are other online platforms you can use to create your store and earn a commission per sale. The key is to explore.
My brother recently launched his own store through Shopify but he had one problem: He did not like to carry inventory.
He found products that he was passionate about on AliExpress and listed them on Shopify (he had to ask the sellers permission of course). He does around $1500/month in sales. A slow start but you get the point.
Create a blog
If you’re someone with a unique perspective on certain topics or are passionate about ideas then a blog is a great way to express yourself. The sky is the limit with blogging.
How do you make money blogging?
You can run ads on your blog and make money based how many impressions the ads or how many clicks the ads get. You can chose how you make your money on the ads.
Money can also be made through affiliate links on the blog. Here’s how they work: You provide a link to a product and earn a commission every time the product is purchased through your link. It is important to provide links to products that you believe in and have used. Otherwise, people may think you’re just a scam artist trying to make a quick buck.
Blogging can be used as a platform to create content on other platforms such as Instagram, Twitter, YouTube, etc.
Manage social media for small or local companies
Social media is a great way for companies to gain exposure and build a customer base. However, managing social media can be difficult for small/local companies when included with everything that goes into running a business. This is where you can help.
In some cases, the business owners may not know how to use social media. In other cases, the business owner may not have the time to manage a social media page.
The process is as simple as searching online for small businesses and reaching out to them asking them to manage their social media.
Make YouTube videos
You can make videos about anything. It can be entertainment, informational, viral, or combination of the 3. The key however is to be consistent.
Building a list of subscribers definitely helps in getting consistent views on your videos.
There are a few ways to make money on YouTube. Here are ones that I know:
- YouTube ads: Get paid every time your an ad is played on your video(s).
- Affiliate Marketing: As stated in the blogging section; Get paid every time a product is purchased through your affiliate link.
- Sell your own products: You can use YouTube as a platform to sell your own product.
- Crowdfunding: This is raising capital for a project through a large number of people, hence the name crowd funding. A great platform to do this on is Patreon. No, This is not an affiliate link.
On a final note, you can use YouTube as a platform to gain a following and generate income on other platforms.
Believe it or not, you can actually make money by taking surveys online. I must say however, this way of making money is rather a challenging way to make a livable income. Taking surveys is a good way to make a couple of extra bucks in your free time.
A few sites worth looking into are:
There are tons of other survey websites you can use. But remember, it is very difficult to make a living off of this.
If any of these were useful, don’t forget to like, comment and share! If none of these were useful then stay tuned for future posts.