How To Start Earning Money – From online lottery to filling envelopes at home, there are a lot of popular quick money ideas that keep popping up. They work? Not really. Will you make money doing this? Very good. But you would probably make more money from your 9 to 5 job. At least then it’s a guaranteed paycheck.
The truth is, there are real ways to make money online – millions of people are doing it every day. From freelance digital nomads to seasoned marketers and up-and-coming entrepreneurs, there are plenty of business ideas you can try at home using your laptop and a solid internet connection. So, let’s break down some real ways to make money online.
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Let’s start our list with one of the most popular ways to make money online. According to Google Trends, the popularity of dropshipping is increasing, highlighting its viability as a business idea. With success stories about how an entrepreneur made $6,667 in eight weeks or how a store owner made six figures selling just one product, there’s plenty of evidence that dropshipping is a real way to make money online.
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If you don’t know what dropshipping is, it’s a business model where you sell a product to a customer, but the supplier stores, packs, and ships the product to your customers on your behalf. With Shopify dropshipping, you have access to millions of products that you can add to your store. Some Shopify dropshipping apps let you handpick your product images, edit item descriptions, and give your business a personalized vibe so people love shopping with you.
The best way to make money from dropshipping? Most entrepreneurs have focused on a few marketing strategies:
Ready to open a store but need products to sell? Handshake is where online entrepreneurs go to buy products at wholesale prices.
Print on demand (POD) is another popular way to make money online. Many people have adopted this business model because it has lower overhead than other companies.
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Print-on-demand is similar to dropshipping in the sense that you don’t have to carry inventory or ship products to customers. There are two small differences, however. First, you can create your own custom products, which is great for brand awareness. Second, you can choose from specific items instead of a wide range of categories. Most print-on-demand companies offer easy-to-print products like t-shirts, mugs, and tote bags.
The best way to make money from your print-on-demand business? Free marketing channels. Your best bet would be to promote your products for free on Instagram and Pinterest and through social media influencers that convert your audience well.
You can get a complete overview of on-demand printing versus dropshipping by watching us get into a healthy debate with Wholesale Ted about the pros and cons of each business model.
Affiliate marketing is one of the most popular ways to make money online. Over the years, its popularity has gone up and down, but it remains a steady way to earn online. The best part about affiliate marketing is that you choose from a wide range of companies to partner with, including Shopify, Amazon, Uber, and FabFitFun.
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Affiliate marketing allows you to make a living promoting other brands. If you’re a seasoned marketer, you can earn a commission from sales by promoting retail products, software, apps, and more. While earning a commission may seem small, keep in mind that you can be an affiliate for multiple brands and include multiple affiliate links in a single blog post.
If you really want to make money online doing affiliate marketing, your best bet is to focus on content marketing. By creating a blog with multiple pages of high-quality content, you create an asset you can call your own. Strategically place affiliate links in your blog posts to drive traffic to your affiliate partner’s website.
If other people can make money from YouTube, so can you. The highest paid YouTuber is Jimmy Donaldson (aka MrBeast) who uploads bizarre stunts on his YouTube channel which earned him $54 million in 2021. Another earner is Jake Paul who earned $45 million on YouTube sharing high energy prank videos and boxing content. His YouTube fame (and boxing career) has helped him use his influence to make money online in addition to his YouTube earnings.
Your YouTube channel should focus on a single niche so that you can build a strong and loyal audience. For example, you can create makeup tutorials, stream video games, review products, teach skills, create prank videos, or anything else you think will get an audience.
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The secret to making money on YouTube is creating content that people want. Create witty titles to entice people to watch your videos and use keywords in your description to optimize YouTube search. Once you reach the 1,000 subscriber milestone, you can officially monetize your channel with YouTube ads.
Building a personal brand can also help you make money online. Did you know that football star Cristiano Ronaldo charges between $880,259 and $1 million on average for a sponsored Instagram post? While it might seem like reality stars, singers, and athletes are the biggest influencers, remember that smaller-scale influencers can make more money today than they did a few years ago.
To become an influencer, you need to build a healthy following. The best platforms to start with? Instagram and TikTok. Some of the biggest non-celebrity influencers have often gained their first taste of exposure on these platforms. You might want to check out how to get more Instagram followers if you want to build a large Instagram audience.
To make money as an influencer, you can charge for sponsored posts, create your own online store and sell products, add affiliate links in your bio, sell your photos, sell ads in your own podcast, make and sell merchandise, get paid to appear at events and much more.
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Selling courses is one of the best ways to make money online. If you are an expert in a subject, you can monetize your knowledge by creating online courses. You can sell your course on Udemy or, if you already have your own audience, through your own website. Some entrepreneurs earn up to $5,000 a month from online courses.
To create a popular and successful course, be inspired by trending courses in your niche. Then see the comments. What are the aspects that people praise and what are the things that people hate? How can you create something better than what has already been created? Focus on creating content that resolves the biggest complaints, while emulating the positives people praise.
The platform you sell your course on will determine the best way to make money. If you sell your course on Udemy, you don’t have to do much to promote it. You can almost set it and forget about it. Maybe promote it on some blogs or social media. However, if the course is hosted on your own website, you may want to display ads to promote it. You can also create an email list to promote future courses without having to pay for marketing.
With Amazon Kindle Direct Publishing, publishing an ebook has never been easier. All you need to do is write the ebook, format it, create an ebook cover, publish and promote it. In 2013, I created several e-books on Amazon, and while I didn’t become rich, I still made some money from it.
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You can choose to hire a copywriter for your ebook, a graphic designer to design the cover, and a manuscript editor to eliminate errors from the content. When researching the topic, focus on keywords based on popular searches on Amazon. I often use the Keyword Tool, which lets you find the words people use during their search so you can build your title around them.
To generate sales for your ebook, focus on marketing tactics that are proven to attract customers. For example, you can give away the first copies of your book for free. It helps you build buzz on social media and get some reviews, which helps you win customers through social proof. Other effective strategies for promoting your ebook include influencer marketing and video campaigns.
Blogging is one of the oldest methods to make money online. People who love writing tend to start niche blogs. For example, a blog about procrastination, cars, dropshipping, toys, etc., is usually a narrow enough focus to build a loyal following and big enough that you can cover a lot of ground.
You can start a blog on many platforms, from Shopify (remove the checkout feature, so you don’t have to pay a subscription while creating it) to WordPress. When starting your blog, focus on very specific keywords with a narrow focus and continue to expand into other but still relevant categories as you grow and dominate new spaces. This will allow you to build a huge blog over time. Remember that design is also important to make
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