54 Legit Ways to Make Money Online

54 Legit Ways to Make Money Online

1. Introduction

Online money. Has any subject been at your fingertips primed to blow up into something big? If there’s one thing about the internet, it’s that it’s a great opportunity to make lots of money very quickly. As keen as we all are to get out there and start making 5 figure paychecks every month, we’re also wise enough to know that there is no such thing as fast money with no work.

The purpose of this guide is to show you the right way to making an online income. Depending on how much effort you’re willing to put in, there are many ways of making money online. Some of them are super easy (such as making a few hundred dollars for doing a few hours of work), some are a little bit more difficult (such as starting up a website, it’s hard to give a time frame on how much you would be earning with this method), but the one thing all of these methods have in common is that they require dedication and a desire to succeed. Due to the little effort required, I won’t be talking about the super easy methods, as they aren’t really worth it in the long run. This guide will mainly focus on one thing: turning your time and effort into a steady income so that you can free up more of your time to do the things you really want to do.

1.1. What is Making Money Online?

Online advertising is a lucrative business, especially for services that are willing to pay or free-to-play games that are seeking to increase traffic. Pooled data has revealed that banner ads are seeing record growth in the past few years. If a product can establish credibility, the likelihood of it gaining demand will increase. An excellent example is the launch of online software named xFire, a program which enabled users to track gaming hours and playtime on video games to see if it was worth the investment. By word of mouth, the free program gained popularity due to its functionality. Though its creators did not enlist in any form of advertising, they were able to convert the program into a profitable product by establishing a premium service of the software with video advertising. Evidently, the method of making money online is very diverse in its techniques, and the resources to increase one’s knowledge of the field lie within exploration and building connections with those who have experience in the same goal.

Realistically, in order to use legitimate methods to make money online, one would have to understand how to monetize different services and products, how to effectively promote information to certain demographics, and most importantly, how to establish credibility with a potential customer. Monetization is a key concept when trying to make money with a website, creating a product, or providing a simple service. But the question is, how to figure out what is the most effective way to go through with this? It can be so complex that there are times where individuals will seek consultation from experts.

Earning money online can be defined in many ways. Basically, when you’re making money online, you are earning it with the use of the internet. This can range from active income, passive income, getting paid in real money, or in some cases, paying for services with their products. An example of using money to make money is when an individual opens an e-gold account and starts promoting high yield investment programs (HYIPs) and Autosurfs. People who own these programs pay the account holder, who is using e-gold, to be an affiliate and receive customers to their website. The account holder earns a significant amount of money per day, and the daily earnings are then spent to advertise these types of programs and take the remaining money as profit. This is a complex example as the person is not technically making their money in a positive manner, but there are many ways similar to this one, such as paid affiliations through surveys and getting work-at-home jobs, all stemming from making money from a product.

1.2. Benefits of Making Money Online

Working online can give a sense of security through its different methods through which one could earn money. If spending a lot of time on the internet, you can learn quiz taking for cash, as many companies will pay you to take their online quizzes. More serious methods include working freelance through writing articles, or data entry. These methods allow for people to spend the free time they would have wasted, and convert it into extra income. Many surveys have shown that people who lead balanced lives spend too much time being idle when coming home from work, which could be used doing something that pays. Finding a flexible part-time job can often be more trouble than its worth, especially if you are looking for one that will pay decently. An online occupation is most suitable for people in these situations, as well as for those who are unable to work a steady job due to certain disabilities. Earning money using the internet as a method has its advantages for almost any walk of life.

There are numerous benefits of making money online, namely the potential of earning more money than you would with a regular job, as well as being able to do it from the comfort of your own home and work the hours you prefer. This flexibility is ideal for parents with young children, whose schedules may often change. College students can benefit from money made online, as the scheduling offers freedom that could potentially work around class schedules. Entrepreneurs can find many advantages to working online as well. This is especially useful if trying to implement a business idea that you have had for a long time, and you are able to spend as many hours as you like in your trial-and-error phase.

1.3. Common Misconceptions

The following are common misconceptions frequently made by the people. It would be advantageous to evaluate them now before we get to the ways to make money. Making money online is a get rich scheme. This thought is far from the truth. Like all things in life, creating your own source of income is a long process that requires a lot of time, effort and sometimes money. Many people give up once they find out that they are not making the amount of money they were hoping for in the short term. It does not mean that it is a failure, only that it’s time to change your plan and keep persisting until the income will be enough to sustain the lifestyle you want. Each different method to make money comes with different amounts of income, for example freelance writing can earn you a few dollars a page, to $100 for a whole article. Doing a small job like data entry may only earn you a few cents. The range is quite large with most methods but essentially your time has to be traded for money. There are too many scam websites, making it impossible to make money online. It is true that there are an incredible amount of scam websites and easy ways to lose money online, and yes it does make it quite difficult to tell what is a scam and what isn’t. However, losing money to a scam site is no different from buying a faulty product. Simply return to the main method. Research is needed before you delve into any online money making method. Check how reputable the company is or the person you are working for. Search for any testimonials. If it is applicable, ask around to other people who have been involved with the same method. Normally the people who claim all methods to make money online as bad are the ones who got scammed themselves, tried one method and it didn’t work out and ceased trying to find an alternate way.

2. Passive Income Opportunities

Affiliate marketing allows you to get a commission through the sale of goods. You will receive a specific tracking URL from the seller that tracks every time a potential buyer clicks on it. If the buyer conducts the action specified, usually a purchase, you will receive a referral fee. This doesn’t have to be during an allocated block of time and may in fact be a long-term form of income – for example, linking a product that continues to be sold through many years. It’s a good avenue for those with a large online presence, as you can utilize your audience to substantially increase your revenue. Building an audience to cater to, however, is a skill in itself, often requiring knowledge in SEO, building a blog or social media following. If this is an area you need to work on, perhaps the revenue gained is only a secondary benefit.

Creating and selling online courses or e-books can be a large upfront effort with delayed income. If you have expertise in a particular area, creating a course can be a good way to generate income. There are platforms like Udemy or other third-party sites that can simplify this process, although they often take a cut of your revenue. Alternatively, using your own site and marketing may be more profitable in the long run.

Earning money from advertisements is similar to affiliate marketing, but more passive. If you have a high traffic website, blog or YouTube channel, you can sign up for Google AdSense to automatically place targeted ads on your site. You will generate income based on ad impressions and clicks. This can be a simple way to add further revenue to an existing site, although the amount earned from ads can be very small per impression, especially in the lower traffic stages. In the case of YouTube, many content creators utilize this as a main source of income.

2.1. Affiliate Marketing

Now, remember these two methods are interlinked. For the person promoting a service or product, they will need to use plenty of words and content over various internet marketing methods to be able to entice visitors into making a purchase. Affiliate marketers needing some type of a product to market should sharpen and develop excellent writing and research skills.

The second methodology is creating and selling an internet product in an attempt to achieve financial independence. The product could be anything from downloadable e-books to classes or tutorials. Often, an internet-based business can be set up with the first intention being to promote and sell a product or service. This is when the prospect of a turnkey business opportunity is offered, and this can also be a nice option for those wanting to implement various advertising strategies to turn a profit.

The primary methodology is using one or other kind of internet marketing, whether it’s search engine optimisation, research engine marketing, email advertising and marketing, or normal banner and hyperlink advertising. Its only objective is to get a service or product in front of internet users and entice them to make a purchase. Usually, commissions on gross sales are the most popular form of revenue, although leads or clicks may work well for some.

Words and pictures allow the internet to function properly, whenever utilizing a search engine, blog or any other website. Excluding flash-based or other interactive choices, 95% of net users’ dedication to a webpage is all the way down to reading and real browser display. Quite merely, net users are after phrases and content. Now, this is the place the two very totally different methods of earning money from internet advertising come into impact.

2.2. Creating and Selling Online Courses

Creating online courses allows you to share your knowledge with the world and receive payment in return. There are many online platforms that enable you to create and market a course. An example would be Udemy. And an alternative method could be to start a blog which also shares similar mechanics to creating a course. You simply build a site and create some content. You can monetize the blog through advertisements, or create and sell an e-book at the end of each post. This is a slower method, and e-book sales are not consistent, so it’s not as viable an option as the former. However, the advantage is you aren’t giving up a portion of profits to any third-party sites. Any readers who enjoyed your free content and seek to learn more through an e-book will provide you with direct income. This method is more useful for bloggers who have an audience but have had difficulty with other methods.

2.3. Earning from Advertisements

Media.net is a leading global advertising company with one of the most comprehensive portfolios of advertising technology in the industry across search, native, display, mobile, local, products, and video. Media.net manages high-quality ad supply on over 500,000 websites and its platform and products are licensed by some of the largest publishers, ad networks, and other ad tech companies worldwide. Earn more from your premium content with Media.net.

Infolinks is a global advertising platform offering various ad types – InFold, InText, InTag, and InFrame. Infolinks enables publishers to implement various options to integrate directly into a website. This will help take full advantage of any revenue opportunities and increase CPM with the best ad units and ad placements for websites.

Google AdSense allows you to place ads on your website and earn money every time someone clicks on them. The ads are generated from businesses that use Google’s AdWords program. The advertisements are easy to set up and while it may take time to see any significant revenue, it is a good way to earn advertising revenue.

2.4. Selling Stock Photos

This method comprises of photography and transferring them on different sites. When somebody buys that photograph, a portion of the money goes to the photographer who has kept the photo on the site accessible for procurement. Stock photographs are all over the place – sites, magazines, pamphlets. They are utilized to liven up substance all over the place. And in the event that you are a decent picture taker, this could be a strategy for you to gain some cash. You should simply take some quality pictures and transfer them to different stock photograph sites, for example, Shutterstock, Adobe Stock, and Alamy to give some examples, and basically pause. This technique does take some tolerance as your photographs might not get bought immediately and may take a couple of months to begin getting deals. Additionally, in case you’re not an expert photographic artist as in the past technique, there is as yet plausible to bring in cash from this on the off chance that you have a better than normal cell phone with a camera on it. It probably won’t be a ton, but rather it’s an approach to acquire a little stash money now and again. Remembering stock photography for your phone’s camera.

2.5. Renting Out Property Online

Another common means of earning passive income is to rent out some property. This can take various forms, such as leasing a room in your home on a short-term basis, such as with Airbnb, or renting out a holiday home. The rental values on these can be high, particularly if the property is located in a popular tourist area. Long-term rentals can bring in a stable monthly income. Although the actual activity of renting is not passive in that case, as you will need to do some maintenance and possibly manage tenants, it is part of a strategy to get and maintain a stream of passive income.

A similar idea for earning passively is to license some music. If you then get it placed in a film, advertisement, or some other form of media, you can collect the licensing fee and royalties off that for years to come. The amount you will make from this can vary widely and there is no guarantee that you will even regain the costs involved in making the music, but for some musicians it can develop into a reliable stream of income.

3. Freelancing and Remote Work

No profile of the gig economy would be complete without mentioning the rise of freelancing and remote work. This phenomenon falls hand in hand with the rise of 54 legit ways to make money, owing to the fact that working remotely fits the framework for more a lifestyle choice rather than a predetermined option. The decision to work from home and becoming an independent contractor is often taken by individuals seeking more work-life balance and, above all else, has a skill that they can offer to the world. Upwork and Guru.com are two such websites that cater to freelancers and those seeking to outsource work, where a profile can be created and a multitude of work can be found from data entry all the way to computer programming. The benefit of working through these intermediary websites is the steady stream of work, flow of income, and facilitation of contact with other independent contractors. Though it is noted that profiles with lesser job success scores will find themselves paying a larger percentage of their income as commission to said websites.

Online marketing work is also frequently available to the freelancer in the form of SEO (Search Engine Optimization) and marketing campaign management. This type of work is often affiliated with some form of training and can pay quite well and due to the nature of digital marketing, can often be done from home. This type of work can be a good fit for those who have employment experience with marketing, or simply those with a knack for understanding trending consumer patterns and the internet.

3.1. Freelance Writing

To make money from freelance writing, it is important to specialize in an area. Maybe you are interested in writing about education. Perhaps you are an expert at writing about personal finance. Take a look at your existing interests and see where you can follow a path to some profitable and interesting freelance writing jobs. Then you might want to make sure that you have a solid understanding of what types of writing are in demand in this area. Writing for the internet is different to writing for print media, and freelancing generally involves a lot of the former. Internet articles are generally shorter and more in depth than print media. They are often aimed at improving search engine rankings, so a good knowledge of SEO (search engine optimization) is an added plus when it comes to selling your work. Many internet article jobs involve ghostwriting, where the client provides you with a topic and a word limit, and you produce the article. Finding out your strengths and preferences will help you sell your writing services more effectively.

3.2. Virtual Assistant Services

As the number of solopreneurs, freelancers, and small businesses increases, there has been a pressing need for virtual help. Virtual assistants or VAs can provide an array of services, from administrative, technical, or creative support, and the best part is that it’s all done from the comfort of their own home. The demand for VAs is high and it continues to grow. According to Entrepreneur.com, “It’s an ideal opportunity for people who want to work from home. And with services like virtual secretarial support, customer service, appointment setting, and special projects, the demand for online help will only increase.” A virtual assistant has the flexibility to choose the services offered and VAs can decide if they want to be a generalist, to be an online sort of administrative assistant, or they can opt to specialize in a certain area such as marketing support, blog or website maintenance and design, or graphic design.

The key to success as a VA is to reveal the value one can bring to a client. Services are offered to ease the burden of a business owner in exchange for some free time, whether it’s through personal or professional tasks. A great VA will have a friendly disposition, proactiveness, and be great communicators. The rate of a VA’s services varies and can be charged by an hourly rate or by project. Keep in mind that customizing service packages and setting tiered pricing will help to bring in more clients and thus make the venture more lucrative. Once a strong skill set and client base have been established, a VA can outsource work to other VAs and charge a markup on their services.

3.3. Graphic Design and Illustration

If you are an artist or a designer and are looking for an alternative income, you should try graphic design and illustration jobs. Similar to freelance writing, to become a freelance graphic designer or illustrator, you will need to market yourself and your work. This can be done via creating a website and blog showcasing your work. It is crucial to have an online portfolio to show to potential clients. There are also a few job boards which are dedicated solely to creative work. Not to mention the best way to market yourself is by doing high quality work for your current clients, if they are impressed they will refer you to others.

Illustration jobs are often specific to drawn or painted artwork. The usual nature of the work is producing artwork for a specific job, like a website or a print an online advertisement. Many illustration jobs are posted in similar places to graphic design jobs, yet there are specialty boards with the sole purpose of connecting illustrators with those looking for an illustrator.

It is crucial for a graphic designer to have a thorough understanding of Adobe Photoshop and Illustrator. This software can be expensive, yet is available at a reduced cost or free at many college campuses. There are open source alternatives to this software like GIMP and Inkscape, but nothing will get you more work than having Photoshop and Illustrator on your tool belt. Web-based software will not be sufficient as the layers and quality needed for certain projects can only be achieved with the aforementioned software.

3.4. Web Development and Design

Although there are a myriad of ways in which to enjoy the benefits of earning money online, one of the more difficult routes by which to accomplish this is through web development and design. However, this is not to say that it is impossible, nor that it is even all that hard, to earn a small supplemental income from the knowledge that you have gained in this field. By utilizing some or all of the websites mentioned below merely for the purpose of adding extra cash to your wallet, you can significantly increase your income as well as the amount of knowledge that you have accumulated.

Development and design projects are hardly scarce as most businesses and individuals alike feel that they must have the best site possible in order to present themselves to others in a professional manner. While it is often difficult to find someone who is willing to shell out large sums of cash to have a website designed, there are a number of small businesses and individuals who are more than willing to pay a small sum for a ‘touch up’ to improve the quality of their site. This could be anything from a redesign of the site, to an improvement on the site’s logo, to simply proofreading the site’s content.

3.5. Social Media Management

You can also use online platforms such as Fiverr, Freelancer or Upwork to find work as a social media manager or strategist. You may find work for a company or agency, or you can decide to start your own social media marketing business. Jamal Rezwani, the founder of Indonesia-based digital marketing agency, Institusindo, claims that companies are able to get at least a 3-5x return on investment through effective social media marketing. He also adds that the demand for social media marketing in Indonesia is currently very high.

If you have no experience with social media marketing, but you are interested in pursuing it, you could take on some pro-bono work to build a portfolio. Many non-profit organizations require help with social media and are willing to have a volunteer take over this role. Building a strong portfolio will help you to secure paid work in the future.

4. Online Business Ventures

E-commerce Stores

Slightly more traditional, the e-commerce store is similar to running a regular retail store, but in cyberspace. Costs can range from low to very high depending on the products you are selling and the type of store you would like to operate. Stock can be kept at a minimum or at a level that would allow for huge sales to take place if it’s anticipated during a festive season, for example. The options are endless with many different products and styles of stores that can match anyone’s abilities and wants in an online business.

Dropshipping

Dropshipping is a simple concept: you are the middleman. Find a product that can be sold for more than what it is being sold to you for. Advertise the product and when you make a sale, order the product through your supplier and have them ship it directly to the customer. You make the profit from the difference between what the customer paid you and the wholesale cost. This is a low-risk strategy as you are not required to buy bulk and store products in a warehouse, neither do you have to worry about the hassles of shipping the products to your customers.

Venturing into the myriad of options to venture into for a business online can be confusing and daunting. These 5 options provide a range of entry requirements, initial investment costs, and variety of other factors that will be able to suit people who are looking at starting their first business and those who may have experience running a business and now want to harness the power of the internet to grow their business.

4.1. Dropshipping

What are the benefits of dropshipping?

The great things about dropshipping:

1. Less capital is required – Probably the biggest advantage to dropshipping is that it’s possible to launch an ecommerce store without having to invest thousands of dollars in inventory up front. Traditionally, retailers have had to tie up huge amounts of capital purchasing inventory.

2. Easy to get started – Running an ecommerce business is much easier when you don’t have to deal with physical products. With dropshipping, you don’t have to worry about managing or paying for a warehouse, packing and shipping your orders, tracking inventory for accounting reasons, or handling returns and inbound shipments.

3. Wide selection of products – Because you don’t have to pre-purchase the items you sell, you can offer an array of products to your potential customers. If suppliers stock an item, you can list it for sale on your website at no additional cost.

The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders.

Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.

4.2. E-commerce Stores

You will need to find a niche that works for you. You will need to establish a relationship with wholesalers in that niche and convince them that you will be able to sell goods. You can convince them by making an attractive website that can generate traffic. It can take time to convince these wholesalers that you are right for the job. But once you have done this, you now have a legitimate business that can provide goods to your customers. Also, if things do not work out, wholesaling items can be used in a physical store to test out the salability of your items without wasting too much money. An example of this would be selling sporting goods on an e-commerce site, and if that doesn’t work out, you can sell those items in a physical store or online auction.

Typically, staying logged into a business is unattractive to most people. They would prefer to sell a site and what revenue it has generated as opposed to running it. If by any chance you would like to sell your e-commerce store, it is now an asset as opposed to being out of pocket for trying something that didn’t work. E-commerce stores are a great way to try and have your own business given that there are so many tools and resources to guide you and at the end can leave you with something profitable or with some experience in business management.

4.3. Print-on-Demand Products

Print-on-demand products are an ideal way to turn a business idea into reality. With print-on-demand products, the only thing that will be printed is what is actually ordered. Often times, businesses have a great idea and order a bunch of t-shirts to sell, and while they may eventually get them all sold, what usually happens is that they run out of certain sizes and styles along the way, leaving some customers unsatisfied. With print-on-demand products, there is no chance of this happening. Customers can order exactly what they want, and it can be created specifically for them. This type of business model is especially great for artists and musicians. With print-on-demand, artists can get their designs put onto products (mugs, t-shirts, hats, etc.) and only have them made as they are ordered. This totally eliminates the risk involved with ordering a bunch of products that may or may not sell. For musicians, they can get their album or mixtape put onto CDs and only get them made as they are ordered. There are many print-on-demand services available with stores and integrations for websites to make the process as simple as possible. A few of the best print-on-demand services to try are Printful, Zazzle, and Merchify.

4.4. App and Software Development

There are a lot of different ways to utilize this online business model. It works great with advertising sales, selling content, or paid membership areas. Many app and software developers are now taking advantage of this business model by creating specific software or an app and offering it on a free or trial basis to gain popularity. If the app receives a high number of downloads and use, the developer can then begin to place ads or offer premium in-app features and content to generate revenue. This method has been proven very successful for smartphone app game developers. The other option is to simply develop an online-based software or tool that helps solve a problem or pain point for your target audience. By offering a free trial or a limited version of the software with the option to upgrade to premium, you can then pique interest to potential customers and generate leads. If the software can solve a business problem and has a high likelihood of saving a company time or money, this can be an especially lucrative business model.

4.5. Online Consulting Services

A consulting business is easy to start and is actually an inexpensive way to start an online business. For 54 different ideas on how to make money online, this is a very underrated one. Consulting can include a wide range of knowledge. You could help people with tax preparation, legal questions, or any number of subjects. The best way to figure out what you need to do is sit down and write. Stop and think. What knowledge do I have in a certain industry that others might be interested in learning about. Always remember knowledge is power. Keep that in mind. Some consultants are expensive but having knowledge on the subject can often bring perceived value to the customer. And when people perceive value, they will try to obtain it the best way and the cheapest way. This could later attribute to higher paying jobs.

Costs can vary greatly. If you don’t have a lot of money to start or are on a budget, try getting involved in a company that will allow you to work at home. These are becoming more and more frequent in all industries. Always remember also that legal structuring and tax rules depend on your country. Try talking to a tax professional. He could be the first consulting job. When you get to the point of hiring or creating your own home-based business, keep in mind still that you can deduct a portion of your home costs. This includes anything from utilities to remodeling to computer equipment for your home office! Always save your receipts!

5. Online Surveys and Microtasks

The next category of methods to make money are paid online surveys and microtasks. I cannot endorse this method as a good way to make money, as the rate of pay is very poor. The working environment is often very repetitive, as tasks are to be done on a piece rate basis. It is very common for these to be mindless tasks that can be done very quickly. Often these jobs start off as interesting and a good way to make some money, but soon become very tedious and the attractive rate of pay decreases. Completing online surveys or doing a few microtasks in your spare time is not a terrible idea, as it is a quick and easy way to earn a bit of extra cash. However, it is not a viable source of income and is not preferable when compared with other methods outlined in this book. If this is something that still interests you then I suggest looking at [website], this website is a bit of a mixed bag in that the rates of pay and the type of work vary, but you may find something that is worth your while.

5.1. Taking Paid Online Surveys

Economists have already been pushing production theories to include assessments and trips, as such data collection process eventually increased in value as internet usage. Companies are willing to pay for consumers’ opinions. Completing paid surveys is one of the most common ways for students to make money online. Think tanks are dedicated to providing a two-way conduit of communication between the general public and the policy maker within a framework of comparative information and analysis. The contributions of students’ views and opinions provide them a valuable source of public opinion which usually faces neglect from policy makers. High paying surveys can range from topics on politics, to consumer goods or medical research and many students are able to participate during their free time. Usually the more personal data you provide and the more detailed a consumer profile you build, the more survey invitations you will receive, however be wary of providing too much personal information for incentives of high-paying surveys are circled around student youngsters and fraudulent research organizations may have other uses for your personal data. A good source of survey opportunities can come from major global organizations. Posting of survey opportunities are usually sporadic and the best way to be in the continuous loop of available surveys is to check back frequently. If the option is available, students may want to consider setting up a separate web email id solely for survey invitations, and it is good practice for one to not regularly check for new surveys while being in hope of fast earnings, it is very time consuming and payment is usually delayed for some days or weeks after survey completion. But the acceptance of many surveys can and usually lead to a steady flow of additional income for students in time to come.

5.2. Participating in Market Research Studies

Your opinions are valuable. Why not get paid to share them? Participating in online market research studies is another way to generate some extra cash. Market research studies are conducted by companies to help them better understand their target market. They are often looking for very specific types of people to answer survey questions. If you do not qualify for a particular study, no worries; with consistent participation in online surveys, you will increase your chances of being invited to participate in a higher paying study. Please note that in order to be successful with online surveys, you should complete your member profile with each survey company you sign up with. This will increase your chances of being invited to participate in the more specific, and higher paying surveys. Some survey companies even offer you free products to test and keep.

In addition to market research studies, there are several online survey websites that hold a variety of free contests and sweepstakes that also require no financial investment on your part. This can be a fun way to potentially win some free cash or other prizes. And on many of these websites you can set up an alert when there are new contests available so you can consistently increase your chances of winning options for free cash.

5.3. Completing Microtasks for Cash

Microtasks are a good way for people to earn a little extra money on the side. What is a microtask? It is one of the small, menial jobs that are typically annoying for any company to do, but too inconsequential to hire someone to do in-house. They are often tasks that can’t easily be automated—like describing the content of an image in one sentence, or picking the best category for a product. When you complete a microtask, you are typically paid anywhere from a few cents to a couple dollars, but most tasks take less than a minute. I have heard of people even doing these tasks on their phones during their daily bus commute.

The first thing you probably need to know is where to find these microtasks. In most cases, you are going to be working for a larger company that has a real need for “big data” — data that needs to be analyzed, and sorted, and categorized in ways that are hard to automate with a computer. Many, many kinds of tasks fall into this category.

Amazon’s Mechanical Turk is perhaps the largest and most well-known cloud labor platform. Cloud labor means you are doing tasks on the Internet, and is so named because a cloud of workers can be summoned to work on something at any time. Most of the task requesters on Mechanical Turk are either academic researchers needing participants for studies, or companies using the tasks as described before to help analyze and categorize data. New jobs are posted every day, and many people have had good luck earning money this way.

6. Content Creation and Monetization

YouTube Channel Monetization has got tougher over the past few years. Once upon a time, all you had to do was enable ads, get some views, and rake in the dough. Nowadays, with YouTube’s partial ad-ban for certain content, ad revenue isn’t always reliable. However, there has never been a better time to run a YouTube channel. The site’s integration with other kinds of social media make promoting a channel easier than ever. And there are more forms of monetization than just ad revenue, such as product placement, making and selling products, selling a service, and crowd funding, something that has become very popular among YouTubers in recent years.

Podcasting is similar to making videos, and the equipment is more affordable, but it can be tougher to monetize. However, there are several options for creating revenue with a podcast. Sponsored content and ads are the most common sources of income. Many podcasters, such as the popular fitness podcast The FitCast, sell a subscription to a premium area of the site, offering bonus content and a chance to interact with the host. Another often overlooked option is product placement.

Starting a blog or vlog is one of the most popular and beginner-friendly ways to create content, and there are countless ways to monetize it. While some of the top blogs and vlogs started out as hobbies, many of them have grown in audience and income to the point where they were able to quit their day jobs, and there are numerous stories of bloggers and vloggers earning an income in the six figures through their writing and videos. Common ways to monetize blogs and vlogs include affiliate marketing, working with brands to do sponsored posts, promoting a product or service, or displaying ads on the blog or YouTube channel. Building a large audience is essential to making good money with a blog or vlog, and that means consistent, high-quality content over a long period of time.

6.1. Starting a Blog or Vlog

You can start a blog that writes about your hobby or interest and anything related to it, like the newest stuff and the information. But the main catch is the way for you to earn good money. You can join some paying post company which is available on the internet. They will ask you to write a review or opinion for their clients’ products on your blog. It is like advertising but only in written form. You will be paid good money as this can be a good income for people nowadays. You can also put ads on your blog if you want. An easy way to earn extra cash. Meanwhile, for vlog, you can record a video of yourself doing something and upload it to YouTube. The way for you to earn money with it is the same as blogging; put ads in your video. Are you a funny person? A comedian? Or can you do something that is interesting and will attract people to watch? If yes, then this can be a good chance for you to earn money with your ‘skill’. A good example would be the Numa Numa guy who is so funny and has been watched by millions of people. Always remember that the quality of your content is the main key for your online income. So, choose wisely which one is the best for you and all the best!

6.2. Podcasting and Audio Content

Podcasting is seeing a steady rise in popularity and may be one of the most underutilized ways to make money online as it reaches an international audience. While it gets easier over time, the early stages can be very off-putting as a lot of effort needs to go into creating content before seeing any financial return. The word podcast derives its name from the iPod and the term broadcasting and encompasses any audio or video content that can be subscribed to digitally. Podcasts cover an infinite amount of subjects and genres and new content can be constantly added, users can listen at their own leisure and can download podcasts to save on data and listen offline. There is an expectation that the listener will take something valuable away from the content, it may be educational, it may be news-based or it may be comedy and although a lot of podcast content is created by amateurs, professional companies are investing in the media, an example being The Football Ramble podcast which is sponsored by various companies and is part of a network called acast.

The amount of money that can be made from podcasting varies, some podcasts use donations and crowdfunding to support the podcast and make it ad-free, others will take up advertising and promote products during the podcast. The most profitable way is the use of sponsored content where companies will pay the podcaster to directly promote their product, the rate of pay for product promotion will vary greatly depending on the amount of downloads the podcast gets and the target audience.

6.3. YouTube Channel Monetization

YouTube Channel Monetization enables the owner to earn money through advertisements served on the site of the channel. In order to be eligible for monetization, a channel must have 4000 public watched hours in the past 12 months and at least 1000 subscribers. Advertisements will earn revenue based on cost-per-click (CPC) or cost-per-view (CPV). With CPC, an advertiser pays the publisher when their ad is clicked. With CPV, a publisher gets paid based on how many views an ad receives. Generally, a channel will Make Money Online: 8 Realistic Ways to Earn From Home $1-2 per 1000 views from advertisements of which YouTube takes a 45% cut. This will equate to $0.55 per 1000 views. Revenue can be increased by changing to high paying ad types in the Monetization settings and through generating an audience that clicks on ads. However, generating an audience that clicks on ads can be detrimental to the loyalty and trust of a channel’s fan base and should be done with caution.

An alternative to regular advertisements are AdSense InVideo ads. Being quite intrusive, they have a high revenue potential with a rate of $3-5 per 1000 views. InVideo overlay ads that are seen simply by placing the cursor over them also have a high revenue potential but are often closed immediately. AdSense InVideo ads can be enabled in the Monetization settings if the channel is eligible.

6.4. Writing and Self-Publishing eBooks

Another more traditional method is to create your eBook in Microsoft Word. Since Word is such a popular program for writing, it’s no surprise that a lot of people are using it for eBook creation. When you’ve finished your eBook, you can save it as a filtered HTML. eBooks created in Word display well in a web browser and can also be easily converted into the PDF format. Word has downsides though, it’s less secure than PDFs and the filtered HTML files can be easily edited. Overall, using Word is a decent method for eBook creation but there are more effective solutions available.

Method

Creating a website and selling eBooks: Another method for creating eBooks is to create an interactive online website. There are services such as E-junkie, ClickBank, and PayDotCom that enable you to do these things with little to no coding involved. Instead of PDFs, you would actually be able to create a file that can’t be saved or printed (using SWF). This feature adds perceived value to customers who would only have access to viewing the eBook online and not being able to download it. This also is a form of viral marketing, as your customers tell others, your traffic will steadily increase. If you’re creating an eBook for the first time, I wouldn’t use this method because it may require more money and effort than you’re willing to spend.

6.5. Creating and Selling Digital Art

A pretty straightforward method of making money with digital art is to create prints, posters, and other physical items with your art on them. There are a number of print on demand (POD) sites around where you can upload art to, and when someone buys a print the site will handle everything from printing, payment processing to sending the item, and you get a small cut. I’ve used Deviantart’s print program, and while it won’t make you rich, it’s easy to set up and forget. Deviantart also offers a similar service with t-shirts.

Zazzle and Cafepress are two well-known POD sites that allow you to customize a wide range of items with your art, and putting your art on products from mugs to mousepads can be an interesting and often profitable venture. Success depends on a variety of factors: what you search for, importing/keywording your art properly, and how you choose to market and show your products, but with time it’s definitely feasible to make a steady bit of cash.

My personal recommendation for print on demand services would be Imagekind, as a number of my professional illustrator friends have had great success with it. While the others are good for putting art on merchandise, Imagekind is solely for selling prints and the quality is quite high. Like the others, it costs nothing to get started and you can determine your own profit.

7. Online Trading and Investing

Online stock trading started in the late 1990s and has taken off ever since. The fact that it is a lot simpler to understand and purchase compared to other financial instruments has made it very attractive to people. With the rise in popularity of stock trading, many online brokerage houses have appeared offering a varied and broader range of services often at a cheaper rate than ‘real’ brokers. It is also a lot faster to move your money around between different stocks. Before online stock trading, moving money between different stocks could take days and sometimes even a week, this was done by the broker sending the check back to you and then you sending it to the new broker, where the new stock would then be purchased. Step-by-step this process took a lot of time and there was potential that the check could be lost in the mail, or you may have forgotten about it. Now with a few clicks of the mouse, the investor’s money can be quickly moved from one position to another.

Typically when people think of investing and trading, they think of individuals in colored jackets frantically screaming at each other on the trade show floor. The image of the stock market being an intimidating place for people to try and make money is now a thing of the past, thanks to the online market.

Stock trading and investing have been around for centuries. In the past, it was only done when there was a significant amount of value in it and over the years as the global economy has shifted and changed. There are now many ways to trade and invest in financial markets which is available to the public.

7.1. Stock Trading and Investing

Investing in stocks is not a get-rich-quick scheme, and all are welcome to Let’s Make Money Online. In order to trade in the stock market, you need to first be prepared to invest your time in learning and studying the market. You should have an interest in the stock market and have at least a fundamental knowledge of how the market works. A study of technical analysis and fundamental analysis is a must to start with so that you can make educated and informed decisions of whether to buy or sell. Different people have different levels of comfort and risk-taking abilities, and it is wise to make your risk profile as a basis for making stock decisions. Those who have high risk profiles will generally go for trading on volatile small-cap and tech stocks, and may on occasion attempt to achieve through highly leveraged plays. On the other hand, investors with low risk profiles may opt for long-term planning by buying up stable blue-chip stocks.

If and when you choose to invest an amount of capital that you can part with, then you are equipped with the knowledge and the amount of investment that allows you to start, and there are many ways for you to open an account to start trading.

7.2. Cryptocurrency Trading

He went on to create Bitcoin, which is described as a ‘A Peer-to-Peer Electronic Cash System’. The beauty of cryptocurrency is that it can transfer value across the world and finalize micro and large transactions without the need for a middleman. This competently matches up to the first two phases of accomplishing. With simply having the funds in Bitcoin, autonomous action contracts could be created to attain the third phase of sending the funds to the supplementary party.

Cryptocurrency trading involves exchanging one cryptocurrency for another or exchanging supreme money into and out of cryptocurrency. Supremacy trading is an alternate of known currencies from one country to another. At its beginning, cryptocurrency trading was in spirit unregulated and happened on peer-to-peer networks. This makes it difficult to show exact volume statistics. Full of beans currency traders use brokers to aloofness their markets. Most cryptocurrency trading takes place on centralized squabble platforms. Satoshi Nakamoto said in his well-known Bitcoin whitepaper that “peer-to-peer would be electronic cash”. This statement references the fact that there should be no need for third parties.

7.3. Forex Trading

Global currency is a massive market, as people from all over the world have access to it and if done correctly, can be profitable. In “Forex Trading,” global currency can be traded for a number of reasons, but generally is done to provide a (company or person) with a net gain in another currency, usually to speculate and/or to secure a rate for a future transaction. The foreign exchange market aids international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation and evaluation relative to the value of currencies, and the carry trade, speculation based on the interest rate differential between two currencies.

Forex trading is essentially an educated guess; with so much activity and change in global markets and currencies, an individual needs to keep an eye out and act on the opportunity at the correct time in order to secure a rate for a future transaction before the market shifts, or to exchange one currency for another at a more favorable rate. While getting into forex trading would be way easier for someone with investment and market knowledge (like stock trading).

7.4. Peer-to-Peer Lending

Similar to online stock trading, peer-to-peer lending is a viable money-making opportunity. The way it works is to loan money to an individual or business with the agreement that it will be paid back with interest. The good thing about lending is that you do not have to have a considerable amount of start-up capital. It’s possible to get started with as little as $25 and gradually add more money to loan as you get the hang of it. Now the most successful P2P lenders are said to average a return of 10-15%. However, this is for the long term where you’re actually going to depend on that money. Worrying about the return is something that could affect the risk to which you’re willing to take. The good thing about lending is that you don’t necessarily have to stick to higher risk loans to get a good return. While it is usually the case, the fact that you can choose what you’re willing to fund allows you to hang in the lower risk area.

It is possible to track down businesses and people looking for loans through other websites and agree on a set interest rate. This will usually (but not always) leave you better off than funding high-risk loans through a service like LendingClub or Prosper. High risk is another thing to watch out for, sometimes it can be hard to identify the intentions of a borrower and could result in the loss of your money. With people losing their jobs and their homes these days, it’s becoming harder to identify who is high risk or low risk. Always be nice to borrowers and decline the offer if you don’t have a good feeling about it. You can also lessen the risk of losses by diversifying your loans. This method is slower, but it’s almost a guarantee of getting most of your money back.

8. Online Tutoring and Teaching

Online tutoring and teaching have gained immense popularity as well as substantial financial rewards, making it one of the most sought-after ways to earn money on the internet. This is particularly beneficial for individuals who possess advanced knowledge and proficiency in a specific subject area. With the growing demand for virtual education, the opportunity to capitalize on online tutoring and teaching has become increasingly enticing. Not only does it offer a flexible and convenient working environment, but it also enables educators to exert their expertise on a global scale, transcending geographical barriers. As the digital era continues to flourish, the scope for online tutoring and teaching expands exponentially, granting individuals the chance to accrue substantial financial gains while sharing their knowledge and passion with eager learners from all corners of the globe.

8.1. Language Tutoring

Language tutoring is a highly sought-after and incredibly rewarding online job opportunity. It provides individuals with the chance to effectively capitalize and utilize their exceptional language skills, leading to a steady and substantial income that can be earned from the sheer comfort and convenience of their own homes. In today’s interconnected world, where communication is paramount, language tutoring plays a pivotal role in bridging gaps and improving global understanding. It allows both tutors and students to engage in a mutually beneficial exchange, fostering personal growth, expanding cultural horizons, and creating meaningful connections. With the increasing demand for language proficiency, this flourishing profession offers unparalleled flexibility, as tutors can cater to a global audience, choosing their preferred teaching hours and adapting lesson plans according to students’ needs. Moreover, the advent of innovative technologies and interactive platforms has revolutionized language learning, allowing tutors to employ dynamic and interactive teaching methods. This not only enhances students’ language acquisition but also encourages them to develop a genuine passion for languages, transforming their lives in unimaginable ways. Therefore, language tutoring is not just a job, but a transformative experience that empowers individuals, cultivates cultural awareness, and paves the way for a brighter, more interconnected future.

8.2. Academic Tutoring

Academic tutoring is a highly sought-after and immensely lucrative option for individuals who are seeking to generate income through the online sphere. With the increasing demand for educational assistance and the widespread accessibility of the internet, this avenue presents a plethora of opportunities for those wishing to capitalize on their academic prowess and impart knowledge to eager learners worldwide. Through virtual platforms and multimedia tools, aspiring tutors can transcend geographical boundaries, reaching a vast global audience hungry for guidance and intellectual enrichment. By harnessing the power of digital technology, individuals can not only translate their expertise into financial gain but also foster a deeper sense of fulfillment by helping others cultivate their intellectual potential. The ability to effectively communicate complex theories, simplify intricate concepts, and nurture analytical thinking skills makes academic tutoring an immensely rewarding experience, both professionally and personally. Don’t miss out on the chance to utilize your academic expertise and embark on a journey that combines online entrepreneurship and the joy of inspiring minds. Start your virtual tutoring venture today and unlock a world of intellectual and financial possibilities!

8.3. Music or Art Lessons

Music and art lessons are an incredibly effective and extraordinary approach to openly express and efficiently impart your profound passion, boundless creativity, and eminent talents with individuals around the globe, all the while, simultaneously procuring a significant and prosperous source of income through the vast and ever-expanding realm of online platforms, digital networks, and virtual opportunities. By embarking on this exhilarating journey, you not only have the chance to share your expertise and inspire countless aspiring artists and musicians, but also to forge enduring connections, nurture collaborative endeavors, and leave an indelible mark on the increasingly interconnected global community of art and music enthusiasts. With the limitless potential for growth and connection that these modern technological advancements provide, the possibilities for personal and professional fulfillment are truly endless. So seize this unparalleled chance to showcase your talent, cultivate your creativity, and financialize your skills, as you dive into the exciting realm of online music and art lessons.

8.4. Online Fitness Coaching

Online fitness coaching has gained immense popularity in recent years, emerging as a highly lucrative opportunity for individuals to not only earn a substantial income but also empower and guide others in achieving their desired health and wellness aspirations. With the widespread accessibility of internet platforms and the increasing demand for personalized fitness solutions, the potential for success in online coaching is endless. By leveraging their expertise and leveraging various digital tools and resources, fitness enthusiasts can now conveniently offer their guidance and support to a vast audience globally, transcending geographical boundaries. Through tailored exercise routines, personalized meal plans, and constant motivation, these dedicated coaches empower individuals to unlock their full potential, overcome obstacles, and reach optimal levels of fitness and overall well-being. As the world becomes increasingly health-conscious, the role of online fitness coaching will continue to flourish, providing countless opportunities for individuals to thrive financially while making a profound impact on people’s lives.

9. Virtual Assistance and Customer Support

Imagine talking on the phone and getting paid more than you ever dreamed! You can get paid to chat with customers from your home with one of the many online customer support programs. Or maybe you enjoy solving people’s technical problems. There are also online technical support jobs where you can work remotely, giving you the flexibility to work from home on your own schedule. This can be a rewarding career with very good pay if you have the experience and setup required. Some technical support jobs are company-based, others allow you to work with and for the customer directly. This method simply involves helping computer users solve problems. Virtual assistance is very similar to typical in-person work as a personal assistant, but you get to do it from home and the tasks can be a lot more diverse. A virtual assistant is often tasked with things such as administration, appointments, making travel plans, and some internet marketing tasks. Being a virtual assistant is flexible, reliable work that can pay very well with enough experience.

9.1. Remote Customer Support

More and more companies are implementing chat support to handle customer inquiries and more to save on costs of phones. This can often be a better alternative to a customer service rep having to handle angry customers on the phone. With chat support, you, the support specialist, can be dealing with several inquiries at once and even walk away from a chat that doesn’t seem to be going anywhere to assist another customer. This doesn’t require any background in phone support and it’s typically an advantage to be able to multitask. Nowadays, chat support is sometimes offered alongside phone support positions but is still not as common. Email support is also similar to this and there are usually plenty of positions available.

You can often find remote customer support positions on job boards such as Craigslist and Probono.org.

Your duties would include:

– Responding to customer inquiries (some companies will require that you have a headset)

– Handling and resolving customer complaints

– Walking customers through step-by-step solutions

– Following up to customer inquiries

You are reading the text of “54 Legit Ways to Make Money Online”.

Many companies need customer support specialists. This could range from handling emails and general support, to chat support and more. These jobs are quite common on remote job boards and typically with the technology being employed by companies today, you can sometimes have walk away from a chat to deal with a phone call and then come back to it.

9.2. Online Chat and Email Support

The first two services deal with chat and email support, and Babbletype only requires that you are fluent in English, though they do prefer people who are detail oriented. It is a relatively easy going job, you get to pick and choose from a list of assignments posted by clients and the workload is not very heavy. Site5 is a web hosting company hiring customer service agents to work from 9AM to 5PM Eastern Standard Time, Monday to Friday. They have both part-time and full-time positions available and require that you have experience working in a web hosting environment, have strong written English skills, and are good at troubleshooting. You also get to choose from email and chat support assignments with Site5. Finally, TicketLeap is hiring part-time customer service representatives to work from their ongoing pool of tickets to respond to email inquiries. Tickets are usually related to events and event registration; experience in the event industry or in a prior customer service role is a plus.

IEnumerable is a company offering virtual assistant services to scholars and students in need of research or editing help, to help them better manage their time. They are hiring virtual assistants to work on various assignments including data entry, web research, and proofreading. The work is done in a virtual office using chat, email, and phone, but a headset is not required. DataNet Systems is a company that creates software products for the transportation, emergency notification, public safety, and utility industries. They are hiring individuals to work from home providing customer support and/or telesales services. The customer support position involves troubleshooting software problems and entering help desk tickets, but specific information on whether it is chat or email-based customer support was not available so you would have to inquire with them directly.

Finally, the last position is provided by a company called Sedgwick CMS. They are seeking full/part-time virtual help desk agents. This position involves taking inbound calls and creating email tickets to help address end-user issues with clients’ supported products. Help desk support and call center experience is a plus.

9.3. Technical Support Services

9.3.2 Who provides technical support and how is it provided?

The primary job of technical support is to offer help to computer users and maintain maximum efficiency. This is accomplished by fast solving of the problem, usually at the user’s end, enabling him to get back to an interrupted task. Online and web-based services provide a user interface that enables the user to describe the problem using an online form to create a ticket. Tickets are commonly used in combination with call centers providing live requests for help, so that in case the problem is not solved by the creation of a ticket, the customer will be prompted to call the next level of support.

9.3.1 What is Technical Support?

Technical support is a service that provides assistance to the users of various computer or software products. In general terms, technical support services attempt to help the user solve specific problems with a product rather than providing training, customization, or other support services.

In today’s digital world, a good number of services are provided online ranging from education, entertainment, direct customer services, and sale of various products. In case some of these software products and online services do not function properly or fail to deliver, the customer will try to contact the service provider or product vendor to get the problem resolved as soon as possible. Hence, the demand for technical support services.

10. Online Gaming and eSports

In-game item trading can be an enticing method of generating money. The idea of playing a game to earn virtual currency and items that can then be sold for real money is a tantalizing prospect. For example, CS:GO has a skins marketplace where skins can be bought or traded for real money. Websites like OPSkins have been created solely for the purpose of selling skins and are highly profitable. However, Valve has attempted to shut down the skins gambling industry due to legal concerns, thereby reducing its overall profitability. Price volatility and the potential for developer intervention makes this method less reliable than the others.

Online gaming and esports can be a profitable venture for the tech-savvy and talented gamer, with a variety of opportunities spanning the different skills and commitment levels.

Watching other people play video games has become a billion dollar business. Thanks to live-streaming services like Twitch, YouTube Gaming, and Microsoft’s Beam, creating a passive form of entertainment has never been easier. Streamers can quickly accumulate a large following due to the low barrier for entry and consistent content. Professional gamers can be sponsored or receive ad revenue, effectively generating an income from casual gameplay. Alternatively, content creation for YouTube is also a viable option. Competing for ad revenue or creating a business with product placement are effective means of generating money on YouTube. With dedication and a good business sense, one could even parlay this into a full-time job.

39.1 billion for esports events.

10.1. Professional eSports Competitions

A relative newcomer to the esports world is Overwatch, released by Blizzard Entertainment in May 2016. A first-person shooter, Overwatch has seen a large push from Blizzard. They have launched a professional league and made a fan-specific in-game currency that can be used to buy league-related items. One owner of a professional Overwatch team even received a small loan of 20 million from investors to secure a place in the Overwatch league.

There are numerous games in the market now that have competitive leagues, but not all of them are effective. A successful competitive game has to have a robust spectator mode and has to be well supported by developers. One of the more notable games is Counter-Strike: Global Offensive. A strategy-based game where two teams of terrorists and counter-terrorists combat to achieve their objective, CS:GO has been around since 2012. It has a global following and in 2016, the CS:GO championship at ESL One Cologne had an astounding 1 million viewers. The event was streamed live in over 40 languages. With the sport growing in popularity, a gambling scene has emerged and players can often win quite a lot of money. In 2016, developers Valve started the first of a series of content updates focused on bringing new forms of play to the game and also announced plans to fix any integrity issues within the gambling scene.

Contrary to gambling or traditional fantasy sports, eSports is an emerging industry, one that consists of video game competitions. On the most professional level, it features the best players from everywhere in the world. Millions of fans tune in to watch these games played competitively and many of these fans are actively engaged in betting on the outcomes. In 2015, an estimated 188 million viewers tuned in to esports events and tournaments. There are even fantasy leagues almost like fantasy football, through sites like Alpha draft where people can make real money decisions to win on the outcome of eSports matches. Nevertheless, most of the cash is currently heavily driven by brand sponsorship instead of directly from fans.

10.2. Streaming and Content Creation

This is a method that combines two separate methods of making money into one; similar to professional gaming, streaming and content creation has the opportunity for profit through advertisement revenue and sponsorships. Streamers are those who broadcast themselves live over the internet for people to watch, the most popular platform for this being Twitch.tv. Becoming a streamer on Twitch has become easier in 2017, with many features such as affiliate and partner programs opening up more opportunities to content creators. These programs allow streamers to accept donations from viewers in the form of paid bits, with some viewers often donating money directly to the streamer. Popularity is essential to making a living off streaming, with the top 5-10% of streamers making the bulk of the money due to how donations and the bits-to-dollar ratio are skewed.

Content creation is similar to streaming, though it involves making video content which can be uploaded to YouTube or a similar platform. This money-making method can tie in closely with streaming, as many streamers will create highlight reels or funny montage videos using content from their stream. Advertisement revenue is the source most YouTubers make money from, though often they will attempt to get sponsorship deals from various companies. Popularity is again the key factor in making money from content creation, as more views on videos means more money from ad revenue and that publicity is a big part of securing sponsorship deals. Earning substantial money from content creation is not easy, it often takes years of dedication before seeing any return and only a very small percentage of content creators make a comfortable income from it.

10.3. In-Game Item Trading

In-game item trading is a multi-million dollar industry. While highly risky and probably not the best primary source of income, some players have managed to make a living just from buying and selling in-game items. Games such as D2, DOTA, and CSGO have become the flagship of in-game item trading. D2 is infamous for its real money trades out of the spectrum of the game’s official platform. While the game wasn’t built around them, there’s a staggering variety of unique and set items to be collected in D2. Set and unique items are not affected by durability loss like most other items and aren’t included in the gambling system, so once you have one, you simply don’t lose it. This has made them a popular status of wealth since the first versions of the game. Many of those set and unique items have crazy backstories on how they were found and the journey they went through the hands of other players to get to where they are now. Because of this, there will always be a demand for these items, and Jak3b3 is living proof of that. A user made above $8000 in a trading forum centered around set and unique items with a simple “I have an item I want to see how much it’s worth” post.

Another user in D2, on an older version of the game from a different source, managed to acquire 24 HRs (high rune – the currency of D2 at this moment) from a friend in the course of a LAN game where the friend was mildly intoxicated and unaware of the value of the items he was trading. It took a while before the hoax could be revealed without ruining a good friendship, but in the end, the HRs were never spent, and the friend ended up giving Jak3b3 the items because he hadn’t played the game in ages and didn’t have the heart to try and rebuild what he wasn’t sure he’d get back.

11. Online Investing and Crowdfunding

If you have capital to invest, but you don’t want to be a landlord or invest hundreds of thousands of dollars into the stock market, online investing is for you. Online investment opportunities are plentiful and diverse. As outlined above, real estate and stock investment are both feasible on an internet income. If you’re not an accredited investor, but you’d like to invest in startups, check out “microventures.” Ideally you should diversify into multiple investment vehicles to hedge risk and optimize returns. With housing still being relatively expensive, and wages being stagnant, this is a great alternative to build passive income in 2017. Finally, due to the influence of globalization and ease of access to the internet, there are many international investment opportunities available.

Regarding international opportunities, some people have been very successful with a small “laptop lifestyle” type of venture. There are a wide spectrum of things that can be done on a computer that are both interesting and can make some significant coin. The light at the end of the tunnel is now real for law school grads entering six-figure debt. With sites like Lending Club or Prosper, you can easily get a small unsecured personal loan. Rates and terms are usually superior to a bank, and approval rate is high. Now we by no means advocate or advise this. However, it is an option for part or full time work in the future. The important thing is that it is possible to pay the money back and escape a bad financial situation with hard work and dedication. Prior to making any investment with any crowdfunding site be sure to scrutinize do thorough research and carefully analyze the risk vs the projected return on your investment.

11.1. Real Estate Crowdfunding

Real estate crowdfunding involves funding real estate ventures by pooling small sums of money from a large group of investors, typically via the internet. It offers investors an opportunity to gain exposure in the real estate market with relatively small amounts of capital. At the same time, it provides an alternative source of financing for developers. This is a new and exciting investment method, with a high potential return (potentially higher than many stock market investments), relatively low to moderate risk, and a way to diversify your portfolio into real estate.

Real estate crowdfunding consists of 2 main investment types: equity and debt. Investors seeking cash flow, usually from properties in the development stage, would invest in the debt. This is a loan agreement with the developer, usually set with a fixed interest rate and short-term payback period. It is less risky than equity investment but does have the possibility for lower returns. Step by step guide to registering, creating a new property, investing, and monitoring investments as an investor.

11.2. Startup Investing

Investing is a form of passive income that industry experts (and Sam!) all advocate if you are trying to make $200 extra per month. By investing small amounts per month, you can potentially make an 8-15% return on investment. Of course, before placing your hard-earned money into an investment, you’ll need to do plenty of research. Bear in mind that all investments carry an element of risk and it’s only the level of risk that varies. But by scanning the following ideas, you may also find that startup investing can be a viable option for you.

Many people are used to the notion of investing in property and stocks, but one possible investment option is investing in startups. The growth of the global startup economy means there are now many startups that rely on investments to grow. As an initiative to promote local businesses, some governments will provide a little tax relief for investments into small local startups. In Australia, investors in startups are eligible for tax breaks under the early-stage investor scheme, and investors in qualifying groups under the company investment innovation scheme are eligible for tax reliefs. Depending on your state of residence, this can make investing in startups particularly attractive.

11.3. Peer-to-Peer Lending Platforms

Peer-to-peer lending platforms are now providing the means for you to lend money to businesses as well as individuals. Business loans can provide higher yields and less risk if you are well diversified. A small number of platforms exist that specialize in business loans alone, but there are even fewer still that enable investors to loan small amounts to many businesses. This is important because with any investment, it’s good to diversify, and spreading small loans across many businesses can minimize risk and increase potential returns. In the UK, the government-backed Funding Circle is a prime example of a platform where you can lend as little as £20 to UK small businesses and can take rates.

Peer-to-peer (P2P) lending is a popular and upcoming form of investment and fundraising solution that brings together individuals who need to borrow money with those who have money to invest. It can be more economically viable than borrowing money through a bank or credit card, often with lower and better rates. As an investor lending money to individuals or businesses, the goal is to receive the loaned amount along with high interest yields. The difference between what you receive and the original amount you lend is the profit. High profits are the result of assuming higher risk, and unsecured loans tend to generate higher yields. P2P lending has been praised for its ability to provide better loan terms and higher earning potential for investors, and better rates for borrowers. This is because peer-to-peer lending platforms operate with significantly lower overheads than traditional financial institutions.

12. Online Reselling and Flipping

There are many ways to resell online. One good place to start can be selling used items on eBay or Amazon. This can make you a lot of money if they are popular or rare items. You can do this by searching around garage sales to thrift stores, and then reselling them at a higher price. You can also do this by going to retail stores and looking for heavy clearance items that will sell for more online. Another way to flip items is to buy in bulk. This can be potentially increasing your profit margins by purchasing wholesale, buying free lots from classified ads, or bulk buying from retail stores when they have big sales. This way you can resell by pieces increasing the overall price for all of the items, or you can try to swap the items to individual buyers for a higher return. One other way you can buy and resell is through buying storage units. Storage locker auctions are popping up all over the place especially on the west coast due to high foreclosure rates on homes. This is where the contents of a storage locker are auctioned off to the public to recoup the lost money on the units. Typically the person auctioning the items will not have full knowledge of the contents so it’s a guessing game to what is inside. High profits can be made by finding gold, jewelry, or other valuable items, then selling the remaining contents to break even, or other collectors and hobbyists.

12.1. Buying and Reselling Items

This is a formal statement. Simply, this process involves buying items in sales or at discounted prices, which can be found very easily on websites such as eBay, checking the market value of the item and then selling it for a higher price. There are many people who make a substantial amount of income on the side by doing this as their main method of selling. Ex-stock is an excellent method for home business. In the first instance you will need to find out where and when Ex-Stock sales occur, this can usually be done by looking in your local paper and calling up businesses to see if they hold these types of sales. Then simply attend the sale, purchase the items and most commonly you will then sell the stock on eBay because of the high number of consumers. The main advantage of purchasing stock at must visit the website-and-mortar sales is the ability to physically see the stock which you are buying so you can check for damage, etc. and you can usually negotiate on the price of the item by making a bulk purchase. The stock can include anything from clothing, electronics, and jewelry. This is a good method for making a steady income, however, there are not always sales occurring and it can be very time-consuming.

12.2. Flipping Websites or Domains

The next step from this is to buy and improve a site with revenue. AdSense sites are a good target for this; generally, the older they are, the more revenue they pull in, and therefore have a higher price tag. You can make simple layout improvements such as optimizing the ad placement or increasing the content.

Method 1: Using Webmaster Forums or Marketplace Sites

The most cost-effective way to start this is by simply perusing forums/sites looking for good deals. There are several popular webmaster forums out there, or in some cases, sites have a marketplace section, so you can always find people selling stuff. You can buy almost anything like this, from code or graphics to site skins and WordPress themes. Try and look for items with a reasonable demand in a niche that you are familiar with. If you think it won’t take you too long, you can even consider improving these items.

Flipping is buying something for the purpose of reselling quickly at a higher price. There are a few different methods of buying items to resell, which we will cover below. If you have a flair for design or development work, and a good understanding of various websites or programming languages, building and selling websites can be a very lucrative business.

12.3. Dropshipping from Overseas Suppliers

There are three different ways to create a dropship business. The first method is to become a direct affiliate of a manufacturer. In this relationship, the manufacturer provides you with a feed of their product that you can use to populate your store. You get paid at your prearranged affiliate rate for all sales made from traffic that you send to the manufacturer. This model lacks defining what separates what you are doing from the millions of other affiliates selling the same product. As an affiliate, you often rely on pay-per-click traffic and lose customers due to price comparison. Despite the fact that these customers were almost definitely going to purchase the product, the aspect of losing led traffic can be very frustrating.

Dropshipping is a method of obtaining a product from a manufacturer and selling it through an intermediary party. The process begins when a customer purchases the product from the retailer. The retailer then purchases the product from the manufacturer who ships the product directly to the customer. Due to its low overhead and flexibility, dropshipping is an attractive business model. However, the success of dropshipping ranges from marginal to only those who enter with a great understanding of the market and the process. This is a result of an industry-wide ignorance of marketing and an influx of get-rich-quick mentality.

13. Online Surplus and Gig Platforms

Upwork and Fiverr are prime examples of gig economy platforms. If you have particular technical skills, or a diverse skill set, these are a beehive of small jobs that range from writing, translating, design, sales and marketing, and pretty much anything else. You can apply to specific jobs and, if selected, complete them at the client’s discretion. The beauty of this is that once you have established a reputation and rapport with a client, work will often come to you and there is potential for a part-time job with a steady income. The experience and skills you develop are a bonus. It’s a similar story with Taskrabbit. This promises work across a whole ream of job types, but is mostly aimed at those who are handy with DIY and maintenance. You can apply specifically for ‘task’ jobs, which can range from things like assembling furniture to a quick plumbing job. Task rates are variable, usually set by the platform and there is potential for a long-term task with a client if successful. Again, this is a great place to earn money for specific skilled work, to make a little extra cash on the side and/or to establish a more long-term job with the skills you have.

13.1. Gig Economy Platforms

Postmates and DoorDash – the on-demand delivery app for food and beverage from local restaurants for customers while having partnered with local restaurants in the area to provide drivers with a list of hotspots to pick up orders. Postmates also has an option to do courier work and grocery delivery. With both, they allow you to work on your own schedule and the more you work, the more you get paid. Drivers get 100% of the tips. This is ideal for someone looking for flexible work with quick payment results.

TaskRabbit – a platform that matches up workers with local tasks based on their skill set and location ranging from quick and convenient tasks like cleaning and organizing to more detailed work like home repairs and maintenance. You name your task and set your time what the “Poster” has set as the maximum price for that posted task with the option to negotiate the price with the poster. Runners can choose to accept or counteroffer the task. This is ideal for someone looking for a flexible work schedule with defined pay rates and specificity to desired tasks. Opportunity is there to build regular clients and impact their lifestyle.

Gigwalk – an app that provides on-demand mobile work. Usual tasks are verifying road blocking and highway and street sign existence. Requires taking photos and description of location. An example of one of many tasks within this platform is a project looking for a marketing researcher that needs to do some in-field data collecting analyzing what the competition is doing at specific retailers and “possibly” a liquor store mostly located in the NYC metro area, various parts of NJ, and Grand Rapids, MI. This location will require GPS data and photos to validate the project. As this is a continuous project, this is an example of what the work is, however, it is NOT guaranteed work in these areas. This is an independent contractor position and working on engaging individuals on a team doing similar work is important.

There are many platforms and websites online that allow anyone (above 18) to make some money on the side with things like doing small tasks, running errands, or even constructing more permanent work situations.

13.2. Surplus Auction Websites

These organizations utilize the power of the internet to connect buyers to sellers who have an overstock of a certain item. This is an effective way to not only save money on goods, but also to possibly take advantage of buying items for resale. There are several popular surplus auction sites with new ones popping up all over the internet. Some popular ones include liquidation.com, uBid.com, and govdeals.com. Liquidation.com is a marketplace for surplus merchandise from a wide range of sources. It is very user-friendly with many options to search for the best deal on the items you want. UBid.com is an auction style website that also sells overstock of many items. Although not all items sold at an auction on this site will be from surplus, many are and it’s a good chance to get a deal. Govdeals.com is an auction site strictly for surplus items from a government agency. This is a good site to find overstock items that were once too expensive; it may now be affordable from a government auction. These are just a few examples of surplus auction websites. Check any of these sites for some hot deals on overstock merchandise.

13.3. Online Thrift Store Platforms

Instead of selling unwanted items and clothing in a traditional garage sale at your home, where you may offer one or two items and have to hurriedly say goodbye to the rest, why not try out online auction and sales sites. Perfect for clearing a little space while still making some money, online sales have many advantages over the traditional garage sale. With online sales, you don’t need to drag an item out of the garage. You can also be assured that it’s a truly valuable item and can get the appropriate price for it. If no one bids on the item, you can always relist it or make an Amazon or eBay store for your items.

Whether you are selling clothes that are no longer in wearable condition or are still like new, online thrift stores or swap sites are a great way to make money off clothing no matter what the condition. For clothing that is still in good shape, eBay is the perfect place to sell it, but for those tattered and torn items, as most people who sew can tell you, there’s a market for usable fabric. You can sell it by the pound on eBay or list it on a variety of swap sites.

14. Online Research and Data Entry

You will not make a full-time income doing these things. The goal is to earn $5 here and there. You can set your own hours, however many you want, just as long as you finish your project. When it comes to many of these simple online data entry jobs, there is very little to no skill required and any schmuck can do it. Form filling, web searching, online surveys – these are a few examples of data entry jobs. Marketing research can be a bit more sophisticated and may require some mindset of field experts and economists. Not all of these jobs are worth the time, and like answering online surveys, it doesn’t pay very well. This is where the entry to becoming an e-research assistant is. This concept consists of online research tasks for various companies all fielding within market analysis and a pay balance ranging on the effectiveness of your research. Market analysis and virtual assistant are the most profitable data entry jobs available and have a booming future with many business firms offering full-blown e-research on employment bases. Who better to do online work than a telecommuter? These job opportunities are seemingly endless.

14.1. Market Research and Analysis

Online consumers are often the toughest to reach. A great starting place to identify consumers’ needs is to be part of a consumer advocacy group, which is a group that represents the consumer interests in general. They often serve specific needs to consumers such as providing education, conducting research, and developing public policies. By identifying what a consumer advocacy group is focusing on, you can then identify a potential project or product for a corporation that is designed to help the consumer. An example of this is health policy. A nurse such as myself could join a nursing association and gather information on consumers’ needs in regards to the future of the nursing profession. This could potentially lead to a project or product that may be researched needing a nurse to provide consultation.

A great way to find some of these legitimate sites is through online forums such as beermoney. Reddit is a social news website and forum where content is socially curated and promoted by site members through voting. Reddit members earn “karma” points through submitting and commenting on links, and many are willing to help others make money, but expect a high level of market research and analysis beforehand, which is very helpful.

Market research is a significantly popular avenue that many people can use to make money online. While it isn’t considered an actual job, surveys are a relatively easy way to make some money on the side. There are many corporations who use the internet as a way to conduct consumer research, and they usually use survey sites to gather the data that they are looking for. These surveys usually consist of repetitive multiple choice questions, and while they won’t make you rich, a little goes a long way. Many survey sites will also enter you into a sweepstakes to win a larger cash bonus upon completion, and while the chances of winning are small, it is still a nice incentive. Some of these surveys will also give you free products to test and keep, another great perk. While there are some survey sites that aren’t as reputable, there are an abundance of sites that are legitimate.

14.2. Data Entry and Transcription

Transcription extends to many different types of tasks involving the transcribing of information from one form to another. The term “transcription” has many different definitions, notably in music and linguistics, which are not relevant here. The act of data entry itself is considered a form of transcription, and people may find data entry jobs in the same places they would find transcription jobs. Data that needs transcribing is often in the form of an audio or video recording, which needs to be converted into written text. This might be a recording of an interview, a conversation, or a speech. Often, people looking for transcription services have no idea where to start and think that it may be too expensive to outsource this task to somebody else, but it can be quite affordable.

There are many places online where data entry can be performed. Some of the most common jobs are those which involve the input of data into a company’s database system.

Data entry is the act of transcribing some form of information into another medium, usually through input into a computer program. Forms of data that people might transcribe include handwritten documents, information from spreadsheets, and sequences of numbers, as well as computer code and even names and addresses. These can be input into an electronic form through typing. Data entry can be a boring and mindlessly repetitive task, and this is the part of it that scares most people away.

14.3. Virtual Research Assistant Services

The downside may be that often the VRA’s name will not appear on the research, it is a matter of professional integrity to accept this provided that the employer does not request the assistant to write a favorable report on unfavorable data. Overall it is a great way for people with research skills to work on fulfilling projects while learning a lot on the way.

A virtual research assistant (VRA) performs research for individuals or companies, and the nature of research varies from field to field. The services offered are similar to those of a personal assistant, but conducted 100% online. A VRA should expect to look for information that is available to the public, there is seldom any form of data entry or teleservice work. The services are usually charged out at an hourly rate, and can be performed in unsupervised flexible time periods to suit the assistant, i.e. college students etc. This is a plus compared to other online jobs with strict deadlines.

Virtual research assistant industry has seen a significant boom over the last decade. Businesses, small or big, find it quite convenient to contract with freelancing virtual assistants as they offer support on an as-needed basis without the hassle of hiring a permanent employee. The work is interesting and wide ranged. The virtual assistant is expected to carry out anything and everything, from making travel arrangements to conducting research on investment opportunities.

15. Conclusion

There are many ways to make money online. Some are good but many are not. Many of them take long to see results, while many put money in your pocket fast.

The trick is to sort through the numerous ways to find the best and most effective ways to make money online. Those are the ways that if used correctly can put money in your pocket a long way than many online jobs and the best part is what you will see from such methods will be in the format of passive income. This means that if you spend a little time it will continue to pay you off. In many ways money can exchange hands the same way. If you work for somebody and a three the course of a year the hours equals the amount of pay. If you work this method online you most likely won’t make that much in a year, the same way many things people do equal the amount they are paid on the job. Now this isn’t a bad thing at all because in the long run you are productive working a job and you put food on the table. In many cases working on net even if it means you net the same amount of money 6 months down the road you are still being more productive. This is a little known but great way to improve effectiveness. Why not? If you can work a method that will pay off the same amount as a regular job or even slightly less not because it’s too much. With less demand and time you can work those methods a long time to the point they are earning double. Now money isn’t everything but we all know it helps and if you can double that in less time wouldn’t you?

15.1. Final Thoughts

Another point to consider is that it is meant, at least in my idea, for the newcomer who has not much clue as to where to start or what to do. They can use a vast amount of the results. However, they may need help, perhaps creating a website or finding out where to start on marketing or how to actually begin trying to sell the product. To offer these kinds of services up in return for the product or small payment can really help you out and someone else who is in the same situation at the same time. You can use the same method for the person below who may not have made as much through the methods and has started to look at ways of outsourcing parts of the earnings in the hope to free up their time and earn more. Finally, against freelance or contracted work, you can use the credentials you have gained from this kind of work as a selling point for your skills. A marketing write-up, for instance, can say that you have funding knowledge and have researched SEO techniques and are now offering these services at a professional level. While you can make money on the internet in countless different ways, a lot of it can be quite unrewarding. By using the money-making method to further yourself in a similar field, you can make the most out of your time and earnings and reap long-term benefits.

15.2. Tips for Success

It is absolutely essential that you set realistic goals for yourself. Don’t shoot for the stars expecting to make tons of money in a short time. Instead, set small, reachable goals that you can complete. Once you reach your goals, make new ones to continue your growth. Remember, success isn’t always about the money. Just because you aren’t making much in the beginning, doesn’t mean you’re not a successful person. If you try your best, you can and will succeed.

It’s important that you don’t get too down on yourself from the beginning. With anything new, there is always a learning curve. Since you’re trying something significant, it’s going to be tough. Don’t expect to be a huge success right away. Even if it is one of your goals, expecting too much too soon can leave you with disappointment. If you’re very new to the Internet and how money is made, be prepared to take a lot of notes. There’s tons of useful information that you will want to reference back to later. If you’re more experienced, record what has worked and what hasn’t worked for you and why. This can be an invaluable tool for your continued success.

15.3. Taking Action

It’s time to start applying the methods in this book. Take your time and begin to apply each one until it becomes second nature. It is a good idea to go back and reread the chapters on mindset and clarity to make sure you are still moving in the right direction.

Take massive action. Don’t dabble in trying to make money online. Decide how you want to do it, believe you can do it, and then take continuous action.

If you want to freelance, pick a site and apply for 30 jobs a day. It may be competitive but the jobs are there. Some people apply for one or two and say it’s impossible – these people are not taking action.

If you want to build a site, work on it every day until it is earning enough money to work on something else.

If you want to use internet marketing, investigate until you find someone who is successful and take every step they did, before too long you will have the same results.

Source: https://superseoplus.com/