EDUCATION
TOP 10 WAYS TO EARN MONEY ONLINE
hey everyone...
1. Start a YouTube channel
Starting a Youtube channel is the simplest way of making money online and needs no investment.
YouTube gets almost 5 billion video views per day which proves its power on the internet.
Felix Kjellberg, the owner of PewDiePie (a YouTube account), has earned 12 million dollars in 2015 by running a single YouTube channel.
You too can see such success if you capitalize on the opportunity that YouTube provides us currently.
Suitable For -
People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.
Skills Required -
Ability to create a video using software tools or record a video using your mobile phone or camcorder.
Time Required For Starting A YouTube Channel -
Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos.
Tips -
1. Create a YouTube channel around a specific theme such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random unrelated videos channel.
For e.g. If you love gadgets you can create a gadget reviews channel where you can post review videos of the latest gadgets and help people to decide whether it's a right choice for them.
2. Select a theme in which you're really interested. Analyze other videos related to your topic, see how many views those videos get.
It will help you to get an overview of how many people are interested in your theme.
3. Generally more the views more beneficial the theme is. As more people are searching for it.
4. Check out if there’s any missing concept in the currently existing videos related to your theme.
You can cover these concepts in your videos to fetch more views.
5. Give your best to engage with your audience. Study comments people leave on your videos, learn the hidden expectations that your audience has from you.
6. Try to find out what they like about your videos and what they don't. Study which videos get the highest retention rate and find the reasons behind them.
7. Spy on your competitors and try to model the things that are working for them. But never try to copy them, always maintain your uniqueness.
8. Always try to improvise each new video from the last one.
So when you look at your first videos after few years, you should think aww how bad I was earlier.
That's a good sign; it shows that you've improved.
9. Experiment, experiment and experiment. Never fear to try something new and see how it works.
Experiments are the only way where you can find new and exciting stuff which can catapult you way ahead of your competitors.
10. Finally, try to collaborate with other YouTuber's who are doing similar work.
Learn their strategies and mindset. Working together can do wonders for your channel.
11. Have fun. Do the things that you love and enjoy your life.
How To Monetize -
The general rule for monetization in YouTube is very simple. More views your videos get, more money you’ll earn.
You’ll just have to enable the monetize option in your YouTube channel settings.
It's very simple.
2. Start a blog
Being a blogger is one of the easiest ways to earn money from home.
Unlike any other job, if you are blogging from home. You don’t need to work 9-5.
You can work at any time of the day with ease.
But beware blogging takes time before it starts making money for you.
So I suggest you jump into this field slowly.
If you have a day job, don’t quit it. Start part-time with your blog.
Once it is on the stage where it is earning you more than your comfortable limits then it’s the best time to turn into full-time blogging mode.
Suitable For -
People who love to write and would like to share their knowledge and expertise with the world.
Skills Required -
Ability to express knowledge in writing with simpler yet effective way.
Time Required For Starting A Blog -
The time required depends upon your level of expertise if you are an expert you can easily start a blog within few hours.
For a complete beginner, a day or two would be sufficient to be ready with the basic setup.
Tips -
1. Start a blog about something in which you are really good at.
For e.g. If you love travelling and you have travelled a lot of places then start a travel blog.
2. Always try to limit your blog to a particular domain. Don’t put content about multiple domains in one blog.
For e.g. Writing about recipe tips on a fashion blog.
Keep your blog specific to one domain only.
3. Using your experience and expertise, try to create a very unique and phenomenal content.
4. Try to give a lot of value to your readers. Write about something that will make a difference in your reader's’ life.
5. Listen to the readers of your blog. Try to solve the problems they are facing. Always reply to their comments. Make them feel better.
6. Be committed to your blog. A blog is like a relationship. Give it some love and it will flourish. Ignore it and it will die a death.
There’s no point in being half-hearted in your blogging efforts - if you don’t care about it, why should anyone else?
7. Think about content, style, tone of voice, audience, etc.
Look at the people who already do what you’re planning to do. Ask yourself the following questions:
How will I stand out from the crowd? What can I say that hasn’t already been said? What’s my unique selling point? Why do I want to do this? 8. Be professional in the way you handle and grow your blog.
Don’t criticize other brands, bloggers or people. Remember what goes around comes around.
You don’t want something you’ve said to come back and bite you one day.
9. Be open minded and willing to collaborate with other creatives. You’ll meet some fantastic and awe-inspiring people.
How To Monetize -
You can monetize your blog by recommending products or services related to your blog’s topic either by writing an informative article or placing banner ads on your blog’s relevant pages.
You can earn handsome commissions when a person buys a product recommended by you.
Another way is you can place Google Adsense ads on your blog. More people click on your ads more money you will make.
3. Do Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate's own marketing efforts.
Suitable For -
People who love to talk, write, explain and have the ability to persuade.
Skills Required -
Ability to promote product online using social media, videos, ads etc.
Time Required For Starting Affiliate Marketing -
Virtually within an hour. You just need to select an online product that pays you a commission when you promote and sell it using your affiliate link.
Tips -
1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.
There are lots of products available in every domain you just need to find a domain which is suitable for you.
2. Places to find products: Clickbank.com, Shareasale.com, Jvzoo.com. These websites have thousands of products listed from multiple domains.
3. Choose a product that pays you at least 50% commission on each sale.
4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.
Just get your custom affiliate link created by the vendor and start promoting it.
5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit.
How To Monetize -
Monetization is simple, just make more people to buy the product through your affiliate link.
Create a Facebook page or Banner ads with the aim of promoting the product.
Tell people how the product will help them to solve their problems.
Improve people’s knowledge about the domain and help them to solve other related problems.
4. Create Niche Websites
What is Niche Website?
Niche Website is a small website focused on one particular topic which shares all the information relevant to the topic that is both useful and interesting for the target audience.
A niche website can be of few pages or even of hundreds of pages depending upon the size of the niche.
Suitable For -
1. People who have an interest in a very specific topic within a large domain.
For e.g. In large a domain like Yoga, you can choose specific sub-domain such as ‘Yoga to lose weight.’
2. People who love to talk, write, explain and have the ability to persuade.
Skills Required -
1. Ability to create Niche website based on specific sub-domain using Wordpress, Blogger or other available software and tools.
2. Ability to promote niche website using social media, ads etc.
Time Required For Starting A Niche Website -
You can start a Niche Website within a day. But creating a good content for the website might take time.
Tips -
1. Write out as many niche site ideas as you can, using the sub-domain that interests you the most.
2. Narrow down your niche idea based on finding the answers to the following questions:
What is the audience size of your niche? Is your audience known for spending money for purchasing the niche related products? Are there multiple products available which you review on your site? Are there affiliate programs that provide more than 50% commissions? What is your investment budget?
3. Create at least 10 articles of rich content containing 1000 words, those articles will provide great value to your niche targeted audience.
4. Sign up for at least 2 affiliate programs that offer products related to your niche with more than 50% commissions.
5. Do keyword research and find at least 15-20 niche relevant search terms and try to rank your site for them.
6. Try to network with the owners of the authority blogs in your niche and find guest blogging opportunities.
How To Monetize -
Promote the products relevant to the topic of your niche website by placing affiliate links in the content and sidebar of your site.
Try to get more visitors to your site by doing SEO, forum marketing, social media and paid ads.
More people visit your niche site and buy products through your affiliate link, more money you make.
How about creating 10 more Niche Websites with every site generating $500 a month in affiliate commission that would be $5000 of passive income per month.
5. Sell Websites On Flippa
What is Flippa.com?
Flippa.com is an online marketplace for selling and buying websites.
Suitable For -
People who like to develop websites.
Skills Required -
In-depth knowledge of Wordpress platform and website creation.
Time Required For Creating A Website -
Depends on the expertise of the developer in website creation.
Tips -
1. Choose a topic you are passionate about. You need to be passionate about the subject your website focuses on.
If you launch a website about something that you don’t care about, you will lose interest very quickly and inevitably stop working on it.
2. Think about your long-term business model.
To make your website successful you should do a lot of research beforehand.
Try to find the answers to the following questions:
Who are your direct competitors? How do your competitors make money? How will your website make money? How can you make your website stand out from others? How long will it take to monetize your website?
3. Choose a domain name that is relevant to your topic and appeal to your target audience.
A good domain name is an essential part of branding your blog. Choose .COM as your domain extension because it looks more professional.
4. Choose a reliable paid host like Hostgator, Bluehost or anyone that might suit your needs.
5. You need make your website's design and layout look very professional.
Believe it or not but first-time visitors will make a judgement about your website within first 10 seconds of loading, so you need to make sure that your website’s design appeals to them and they like it.
How To Monetize -
1. Register your website on flippa.com. Flippa works on bidding model, the highest bidder gets the ownership of the website.
2. Set the bid price of your website 15 times greater than the current monthly income of your site.
For e.g. If your site is earning $500 per month then you can set the basic selling bid price of your site to at least $7500.
3. Start the auction and wait for bids. People will start bidding for purchasing your site.
Once you receive the bid that satisfies your target selling price, then finalize the deal with the bidder.
4. Flippa.com will manage all the payment and other technical stuff for you and you'll receive your commissions via your selected payment method.
6. Sell A Service On Fiverr
What is Fiverr.com?
Fiverr is a global online marketplace which offers tasks, services and products, starting at a cost of $5.
Fiverr gets almost 4.7 million visits per month.
Your aim should be to leverage Fiverr’s powerful visitor base to reach more people and sell your services or products to them.
Every service or task you offer on Fiverr is called a GIG. With Fiverr’s millions of visitor base, you don’t need much to worry about your gig’s promotion and payment handling as Fiverr handles this for you.
All you need to do is focus on delivering high-quality work to maintain your ratings, as ratings given by your customers will have a huge impact on the failure or success of your gig.
People offer a diverse variety of services on Fiverr which ranges from Graphics and Design, Digital Marketing, Music and Audio, Advertising to anything you can practically think of.
Remember you can sell your gig at any price, $5 is just the minimum starting price.
Top Fiverr gig sellers make over $50,000 a year by leveraging the platform and providing high-quality services.
Suitable For -
1. People who love to help others by making their easier. 2. People who love the freedom to work, doing what they really like.
Skills Required -
People having in-depth skills in any particular area, using which they can help other people to complete their tasks or ease their life.
Time Required For Creating A Gig On Fiverr -
You can create a Gig on Fiverr almost within an hour. All you need to do is first sign up on Fiverr.
While creating a gig you’ll have to insert your gig’s title, upload gig’s image, write gig description and insert relevant tags and keywords.
Tips -
1. Find your best skills - The first thing you need to do is sit down quietly and figure out the skills of which you are the strongest and stick to tasks related to them till you see some success.
For e.g. If you are a person who can design logos and websites, then you should create and sell those gigs in Fiverr that are focused on logo creation and web designing.
2. Do your initial homework - Before diving into gig creation you must do some research to ensure that the gig you are planning to offer has interested buyers.
What if you have a wonderful gig idea, but it didn't sell?
To avoid such situation you must undertake necessary research to understand what buyers in your niche are looking for.
3. Find popular gigs related to your skill set - One of the best ways of seeing success with Fiverr is to dig out the popular gigs related to your skill set, study them, then model your gig accordingly.
Most important metrics you should look while studying other gigs are its:
Title Description Image Pricing Strategy Upsell Strategy Bonus Strategy 4. Craft your gig’s title - Now as you are ready with all the research data, jump into gig creation. Obviously, here title creation will be your first step.
Following are the steps you must follow to optimize your gig’s title.
- Based on your research data model your gig title, use intriguing words into the title to ensure it catches your target customers the attention and is relevant to him/her.
For e.g. If you are offering a logo designing gig. You should consider using titles such as
I’ll design 3 MAGNIFICENT logos in 24 hours I’ll design a PROFESSIONAL logos with free revisions I’ll design 2 STUNNING logos BONUS Free editable file
- All the above titles are beautifully crafted because they include two important things.
First, they all have intriguing words such as MAGNIFICIENT, PROFESSIONAL, STUNNING and BONUS. These words definitely help to catch the attention of the right people.
Second, they all are appealing to the most important aspects that any person who wants to design a logo is looking at.
For e.g. The first title “3 MAGNIFICENT logos in 24 hours” will appeal to the people who are in urgent need of a logo.
The second title “PROFESSIONAL logos with free revisions” will appeal to the kind of people who want the option of incorporating their changes into logo design.
The third title “2 STUNNING logos BONUS Free editable file” will appeal to the people who have some knowledge of logo designing and want to customize the logo on their own.
5. Create your gig’s image - While doing initial homework you must have observed that some gigs have better images than other which makes them really stand out.
Shortlist such images and take inspiration from them while modelling your image.
Once you’re ready with the initial idea use free online image editing tools such as Pixlr or BeFunky to create your gig’s image.
6. Write gig’s description - Your gig’s description plays an important role in convincing your potential customers to place an order with you.
So you must ensure that your gig's description is precise, clear and appealing to your potential customers.
Study other top related gig’s descriptions to get some inspiration and model your description on them.
7. Do Facebook Marketing
What is Facebook Marketing?
Facebook Marketing is another form of affiliate marketing in which marketers promote products on Facebook.
Suitable For -
People who like to use Facebook.
Skills Required -
1. Ability to create appealing facebook posts and images.
2. Ability to promote your page on Facebook.
3. Ability to persuade people with proper reasoning.
Time Required For Starting Facebook Marketing -
You can easily start Facebook marketing by creating promotional posts and create a Facebook page promoting a product.
This can be done within minutes.
How To Monetize -
1. Get more people to visit on your Facebook page.
3. Start promoting any affiliate product relevant to the Facebook page’s topic.
3. If possible, use Facebook ads to promote your posts and pages in a wider range of audience.
3. More people buy products from through affiliate link more money you make.
8. Click And Sell Photos
Suitable For -
People who have the passion for photography.
Skills Required -
Ability to take versatile and creative photos.
Time Required For Starting Photography -
If you are an experienced photographer you can start almost instantly.
If you are new you might need time to learn photography. Learning time completely depends on how quickly you grasp the concepts.
How To Monetize -
There are many ways to earn a lot of money from photography, mentioning a few.
1. Sign up at the following websites, upload your photographs and start earning money once people start buying them.
iStockPhoto.com SmugMug.com Alamy.com GettyImages.com Fotolia.com
2. Remember, creativity is really necessary for photography.
You will have to bring more professionalism and creativity in your photographs to start earning a good income.
Merely taking random photographs from your cell phone or a digital camera is not going to work here.
3. You can even start your own photography website and sell your photographs directly from there.
9. Do Document Translation
What does a document translator do?
When businesses grow globally, they need to communicate with their customers in a language that their customer understands.
Most of the businesses communicate with their customers in written form such as email, product usage guides, help tutorials, written blog content and so on.
In order to do this, they need people who are multilingual and can effectively convert a document written in one language into another.
As a document translator, your task will be to convert documents written in one language into another language.
The most common example you must have seen is a phone usage guide you get when you buy a new phone.
You must have observed that this guide has multiple versions written in multiple languages.
This job is done by document translators.
Suitable For -
1. Almost anyone.
2. More suitable for people who love to write.
Skills Required -
1. Ability to read write and fluently speak at least 2 or more languages.
2. Ability to interpret the meaning of the context with right understanding.
Tips -
1. Set up your home office with a computer, internet connection, a recording headset.
You’ll require this if you decide to participate in live conversations and convert documents online.
2. Most of the translation jobs are in Spanish, Japanese, Korean, Chinese and French.
So try to learn and be fluent in any one of them. These will fetch you more money.
How To Get Started -
The best way to get started is to upload your resume and list your rates and services on Translatorscafe.com. It contains a free online directory of translators and translation jobs.
Another way is to register yourself with the following top websites, these sites will provide you translation jobs based on your expertise and abilities.
Here’s the list:
Gengo.com Lingosaur.com Expected Earnings -
You will earn about $12/hour for translating normal documents and up to $40/hour for translating technical or scientific content.
10. Join Q&A Sites
Sometimes search engines aren’t simply enough to find the answers to our personalized questions. That’s where Q&A sites come in.
When someone needs a personalized answer quickly, they mostly turn to popular answer sites to get the help they need.
If you are an expert in any particular field then answering people's’ questions on Q&A sites can fetch you a handsome income online.
On most of the top Q&A sites, questions are priced from $5 to $25, even more for more complex problems.
All you need to do is provide appropriate answers to questions of your choice.
If the asker accepts you answer he or she will pay you the agreed amount.
Answering on Q&A sites is one of the most easiest ways of making money online by leveraging your existing skills.
It’s even better because you don’t need any investment to start or learn any new skills.
Following is the list of some reputed Q&A sites you should consider joining:
JustAnswer.com Ether.com ChaCha.com WebAnswers.com
1. Start a YouTube channel
Starting a Youtube channel is the simplest way of making money online and needs no investment.
YouTube gets almost 5 billion video views per day which proves its power on the internet.
Felix Kjellberg, the owner of PewDiePie (a YouTube account), has earned 12 million dollars in 2015 by running a single YouTube channel.
You too can see such success if you capitalize on the opportunity that YouTube provides us currently.
Suitable For -
People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.
Skills Required -
Ability to create a video using software tools or record a video using your mobile phone or camcorder.
Time Required For Starting A YouTube Channel -
Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos.
Tips -
1. Create a YouTube channel around a specific theme such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random unrelated videos channel.
For e.g. If you love gadgets you can create a gadget reviews channel where you can post review videos of the latest gadgets and help people to decide whether it's a right choice for them.
2. Select a theme in which you're really interested. Analyze other videos related to your topic, see how many views those videos get.
It will help you to get an overview of how many people are interested in your theme.
3. Generally more the views more beneficial the theme is. As more people are searching for it.
4. Check out if there’s any missing concept in the currently existing videos related to your theme.
You can cover these concepts in your videos to fetch more views.
5. Give your best to engage with your audience. Study comments people leave on your videos, learn the hidden expectations that your audience has from you.
6. Try to find out what they like about your videos and what they don't. Study which videos get the highest retention rate and find the reasons behind them.
7. Spy on your competitors and try to model the things that are working for them. But never try to copy them, always maintain your uniqueness.
8. Always try to improvise each new video from the last one.
So when you look at your first videos after few years, you should think aww how bad I was earlier.
That's a good sign; it shows that you've improved.
9. Experiment, experiment and experiment. Never fear to try something new and see how it works.
Experiments are the only way where you can find new and exciting stuff which can catapult you way ahead of your competitors.
10. Finally, try to collaborate with other YouTuber's who are doing similar work.
Learn their strategies and mindset. Working together can do wonders for your channel.
11. Have fun. Do the things that you love and enjoy your life.
How To Monetize -
The general rule for monetization in YouTube is very simple. More views your videos get, more money you’ll earn.
You’ll just have to enable the monetize option in your YouTube channel settings.
It's very simple.
2. Start a blog
Being a blogger is one of the easiest ways to earn money from home.
Unlike any other job, if you are blogging from home. You don’t need to work 9-5.
You can work at any time of the day with ease.
But beware blogging takes time before it starts making money for you.
So I suggest you jump into this field slowly.
If you have a day job, don’t quit it. Start part-time with your blog.
Once it is on the stage where it is earning you more than your comfortable limits then it’s the best time to turn into full-time blogging mode.
Suitable For -
People who love to write and would like to share their knowledge and expertise with the world.
Skills Required -
Ability to express knowledge in writing with simpler yet effective way.
Time Required For Starting A Blog -
The time required depends upon your level of expertise if you are an expert you can easily start a blog within few hours.
For a complete beginner, a day or two would be sufficient to be ready with the basic setup.
Tips -
1. Start a blog about something in which you are really good at.
For e.g. If you love travelling and you have travelled a lot of places then start a travel blog.
2. Always try to limit your blog to a particular domain. Don’t put content about multiple domains in one blog.
For e.g. Writing about recipe tips on a fashion blog.
Keep your blog specific to one domain only.
3. Using your experience and expertise, try to create a very unique and phenomenal content.
4. Try to give a lot of value to your readers. Write about something that will make a difference in your reader's’ life.
5. Listen to the readers of your blog. Try to solve the problems they are facing. Always reply to their comments. Make them feel better.
6. Be committed to your blog. A blog is like a relationship. Give it some love and it will flourish. Ignore it and it will die a death.
There’s no point in being half-hearted in your blogging efforts - if you don’t care about it, why should anyone else?
7. Think about content, style, tone of voice, audience, etc.
Look at the people who already do what you’re planning to do. Ask yourself the following questions:
How will I stand out from the crowd? What can I say that hasn’t already been said? What’s my unique selling point? Why do I want to do this? 8. Be professional in the way you handle and grow your blog.
Don’t criticize other brands, bloggers or people. Remember what goes around comes around.
You don’t want something you’ve said to come back and bite you one day.
9. Be open minded and willing to collaborate with other creatives. You’ll meet some fantastic and awe-inspiring people.
How To Monetize -
You can monetize your blog by recommending products or services related to your blog’s topic either by writing an informative article or placing banner ads on your blog’s relevant pages.
You can earn handsome commissions when a person buys a product recommended by you.
Another way is you can place Google Adsense ads on your blog. More people click on your ads more money you will make.
3. Do Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate's own marketing efforts.
Suitable For -
People who love to talk, write, explain and have the ability to persuade.
Skills Required -
Ability to promote product online using social media, videos, ads etc.
Time Required For Starting Affiliate Marketing -
Virtually within an hour. You just need to select an online product that pays you a commission when you promote and sell it using your affiliate link.
Tips -
1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.
There are lots of products available in every domain you just need to find a domain which is suitable for you.
2. Places to find products: Clickbank.com, Shareasale.com, Jvzoo.com. These websites have thousands of products listed from multiple domains.
3. Choose a product that pays you at least 50% commission on each sale.
4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.
Just get your custom affiliate link created by the vendor and start promoting it.
5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit.
How To Monetize -
Monetization is simple, just make more people to buy the product through your affiliate link.
Create a Facebook page or Banner ads with the aim of promoting the product.
Tell people how the product will help them to solve their problems.
Improve people’s knowledge about the domain and help them to solve other related problems.
4. Create Niche Websites
What is Niche Website?
Niche Website is a small website focused on one particular topic which shares all the information relevant to the topic that is both useful and interesting for the target audience.
A niche website can be of few pages or even of hundreds of pages depending upon the size of the niche.
Suitable For -
1. People who have an interest in a very specific topic within a large domain.
For e.g. In large a domain like Yoga, you can choose specific sub-domain such as ‘Yoga to lose weight.’
2. People who love to talk, write, explain and have the ability to persuade.
Skills Required -
1. Ability to create Niche website based on specific sub-domain using Wordpress, Blogger or other available software and tools.
2. Ability to promote niche website using social media, ads etc.
Time Required For Starting A Niche Website -
You can start a Niche Website within a day. But creating a good content for the website might take time.
Tips -
1. Write out as many niche site ideas as you can, using the sub-domain that interests you the most.
2. Narrow down your niche idea based on finding the answers to the following questions:
What is the audience size of your niche? Is your audience known for spending money for purchasing the niche related products? Are there multiple products available which you review on your site? Are there affiliate programs that provide more than 50% commissions? What is your investment budget?
3. Create at least 10 articles of rich content containing 1000 words, those articles will provide great value to your niche targeted audience.
4. Sign up for at least 2 affiliate programs that offer products related to your niche with more than 50% commissions.
5. Do keyword research and find at least 15-20 niche relevant search terms and try to rank your site for them.
6. Try to network with the owners of the authority blogs in your niche and find guest blogging opportunities.
How To Monetize -
Promote the products relevant to the topic of your niche website by placing affiliate links in the content and sidebar of your site.
Try to get more visitors to your site by doing SEO, forum marketing, social media and paid ads.
More people visit your niche site and buy products through your affiliate link, more money you make.
How about creating 10 more Niche Websites with every site generating $500 a month in affiliate commission that would be $5000 of passive income per month.
5. Sell Websites On Flippa
What is Flippa.com?
Flippa.com is an online marketplace for selling and buying websites.
Suitable For -
People who like to develop websites.
Skills Required -
In-depth knowledge of Wordpress platform and website creation.
Time Required For Creating A Website -
Depends on the expertise of the developer in website creation.
Tips -
1. Choose a topic you are passionate about. You need to be passionate about the subject your website focuses on.
If you launch a website about something that you don’t care about, you will lose interest very quickly and inevitably stop working on it.
2. Think about your long-term business model.
To make your website successful you should do a lot of research beforehand.
Try to find the answers to the following questions:
Who are your direct competitors? How do your competitors make money? How will your website make money? How can you make your website stand out from others? How long will it take to monetize your website?
3. Choose a domain name that is relevant to your topic and appeal to your target audience.
A good domain name is an essential part of branding your blog. Choose .COM as your domain extension because it looks more professional.
4. Choose a reliable paid host like Hostgator, Bluehost or anyone that might suit your needs.
5. You need make your website's design and layout look very professional.
Believe it or not but first-time visitors will make a judgement about your website within first 10 seconds of loading, so you need to make sure that your website’s design appeals to them and they like it.
How To Monetize -
1. Register your website on flippa.com. Flippa works on bidding model, the highest bidder gets the ownership of the website.
2. Set the bid price of your website 15 times greater than the current monthly income of your site.
For e.g. If your site is earning $500 per month then you can set the basic selling bid price of your site to at least $7500.
3. Start the auction and wait for bids. People will start bidding for purchasing your site.
Once you receive the bid that satisfies your target selling price, then finalize the deal with the bidder.
4. Flippa.com will manage all the payment and other technical stuff for you and you'll receive your commissions via your selected payment method.
6. Sell A Service On Fiverr
What is Fiverr.com?
Fiverr is a global online marketplace which offers tasks, services and products, starting at a cost of $5.
Fiverr gets almost 4.7 million visits per month.
Your aim should be to leverage Fiverr’s powerful visitor base to reach more people and sell your services or products to them.
Every service or task you offer on Fiverr is called a GIG. With Fiverr’s millions of visitor base, you don’t need much to worry about your gig’s promotion and payment handling as Fiverr handles this for you.
All you need to do is focus on delivering high-quality work to maintain your ratings, as ratings given by your customers will have a huge impact on the failure or success of your gig.
People offer a diverse variety of services on Fiverr which ranges from Graphics and Design, Digital Marketing, Music and Audio, Advertising to anything you can practically think of.
Remember you can sell your gig at any price, $5 is just the minimum starting price.
Top Fiverr gig sellers make over $50,000 a year by leveraging the platform and providing high-quality services.
Suitable For -
1. People who love to help others by making their easier. 2. People who love the freedom to work, doing what they really like.
Skills Required -
People having in-depth skills in any particular area, using which they can help other people to complete their tasks or ease their life.
Time Required For Creating A Gig On Fiverr -
You can create a Gig on Fiverr almost within an hour. All you need to do is first sign up on Fiverr.
While creating a gig you’ll have to insert your gig’s title, upload gig’s image, write gig description and insert relevant tags and keywords.
Tips -
1. Find your best skills - The first thing you need to do is sit down quietly and figure out the skills of which you are the strongest and stick to tasks related to them till you see some success.
For e.g. If you are a person who can design logos and websites, then you should create and sell those gigs in Fiverr that are focused on logo creation and web designing.
2. Do your initial homework - Before diving into gig creation you must do some research to ensure that the gig you are planning to offer has interested buyers.
What if you have a wonderful gig idea, but it didn't sell?
To avoid such situation you must undertake necessary research to understand what buyers in your niche are looking for.
3. Find popular gigs related to your skill set - One of the best ways of seeing success with Fiverr is to dig out the popular gigs related to your skill set, study them, then model your gig accordingly.
Most important metrics you should look while studying other gigs are its:
Title Description Image Pricing Strategy Upsell Strategy Bonus Strategy 4. Craft your gig’s title - Now as you are ready with all the research data, jump into gig creation. Obviously, here title creation will be your first step.
Following are the steps you must follow to optimize your gig’s title.
- Based on your research data model your gig title, use intriguing words into the title to ensure it catches your target customers the attention and is relevant to him/her.
For e.g. If you are offering a logo designing gig. You should consider using titles such as
I’ll design 3 MAGNIFICENT logos in 24 hours I’ll design a PROFESSIONAL logos with free revisions I’ll design 2 STUNNING logos BONUS Free editable file
- All the above titles are beautifully crafted because they include two important things.
First, they all have intriguing words such as MAGNIFICIENT, PROFESSIONAL, STUNNING and BONUS. These words definitely help to catch the attention of the right people.
Second, they all are appealing to the most important aspects that any person who wants to design a logo is looking at.
For e.g. The first title “3 MAGNIFICENT logos in 24 hours” will appeal to the people who are in urgent need of a logo.
The second title “PROFESSIONAL logos with free revisions” will appeal to the kind of people who want the option of incorporating their changes into logo design.
The third title “2 STUNNING logos BONUS Free editable file” will appeal to the people who have some knowledge of logo designing and want to customize the logo on their own.
5. Create your gig’s image - While doing initial homework you must have observed that some gigs have better images than other which makes them really stand out.
Shortlist such images and take inspiration from them while modelling your image.
Once you’re ready with the initial idea use free online image editing tools such as Pixlr or BeFunky to create your gig’s image.
6. Write gig’s description - Your gig’s description plays an important role in convincing your potential customers to place an order with you.
So you must ensure that your gig's description is precise, clear and appealing to your potential customers.
Study other top related gig’s descriptions to get some inspiration and model your description on them.
7. Do Facebook Marketing
What is Facebook Marketing?
Facebook Marketing is another form of affiliate marketing in which marketers promote products on Facebook.
Suitable For -
People who like to use Facebook.
Skills Required -
1. Ability to create appealing facebook posts and images.
2. Ability to promote your page on Facebook.
3. Ability to persuade people with proper reasoning.
Time Required For Starting Facebook Marketing -
You can easily start Facebook marketing by creating promotional posts and create a Facebook page promoting a product.
This can be done within minutes.
How To Monetize -
1. Get more people to visit on your Facebook page.
3. Start promoting any affiliate product relevant to the Facebook page’s topic.
3. If possible, use Facebook ads to promote your posts and pages in a wider range of audience.
3. More people buy products from through affiliate link more money you make.
8. Click And Sell Photos
Suitable For -
People who have the passion for photography.
Skills Required -
Ability to take versatile and creative photos.
Time Required For Starting Photography -
If you are an experienced photographer you can start almost instantly.
If you are new you might need time to learn photography. Learning time completely depends on how quickly you grasp the concepts.
How To Monetize -
There are many ways to earn a lot of money from photography, mentioning a few.
1. Sign up at the following websites, upload your photographs and start earning money once people start buying them.
iStockPhoto.com SmugMug.com Alamy.com GettyImages.com Fotolia.com
2. Remember, creativity is really necessary for photography.
You will have to bring more professionalism and creativity in your photographs to start earning a good income.
Merely taking random photographs from your cell phone or a digital camera is not going to work here.
3. You can even start your own photography website and sell your photographs directly from there.
9. Do Document Translation
What does a document translator do?
When businesses grow globally, they need to communicate with their customers in a language that their customer understands.
Most of the businesses communicate with their customers in written form such as email, product usage guides, help tutorials, written blog content and so on.
In order to do this, they need people who are multilingual and can effectively convert a document written in one language into another.
As a document translator, your task will be to convert documents written in one language into another language.
The most common example you must have seen is a phone usage guide you get when you buy a new phone.
You must have observed that this guide has multiple versions written in multiple languages.
This job is done by document translators.
Suitable For -
1. Almost anyone.
2. More suitable for people who love to write.
Skills Required -
1. Ability to read write and fluently speak at least 2 or more languages.
2. Ability to interpret the meaning of the context with right understanding.
Tips -
1. Set up your home office with a computer, internet connection, a recording headset.
You’ll require this if you decide to participate in live conversations and convert documents online.
2. Most of the translation jobs are in Spanish, Japanese, Korean, Chinese and French.
So try to learn and be fluent in any one of them. These will fetch you more money.
How To Get Started -
The best way to get started is to upload your resume and list your rates and services on Translatorscafe.com. It contains a free online directory of translators and translation jobs.
Another way is to register yourself with the following top websites, these sites will provide you translation jobs based on your expertise and abilities.
Here’s the list:
Gengo.com Lingosaur.com Expected Earnings -
You will earn about $12/hour for translating normal documents and up to $40/hour for translating technical or scientific content.
10. Join Q&A Sites
Sometimes search engines aren’t simply enough to find the answers to our personalized questions. That’s where Q&A sites come in.
When someone needs a personalized answer quickly, they mostly turn to popular answer sites to get the help they need.
If you are an expert in any particular field then answering people's’ questions on Q&A sites can fetch you a handsome income online.
On most of the top Q&A sites, questions are priced from $5 to $25, even more for more complex problems.
All you need to do is provide appropriate answers to questions of your choice.
If the asker accepts you answer he or she will pay you the agreed amount.
Answering on Q&A sites is one of the most easiest ways of making money online by leveraging your existing skills.
It’s even better because you don’t need any investment to start or learn any new skills.
Following is the list of some reputed Q&A sites you should consider joining:
JustAnswer.com Ether.com ChaCha.com WebAnswers.com
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