You don’t have to start your own online business from scratch. Instead, you can build one (very quickly) by helping out people who already have a successful business. Every service business has a long list of past clients they’re most likely not doing a good job of keeping up with—but their neglect is your opportunity. It’s up to 5x more expensive to attract a new customer than it is to keep an existing one. By helping businesses follow-up and bring back their old customers, you’re saving them money (and making your own!). A follow-up business like this can be as simple as a series of emails you write for a client to help them bring back old customers (check out this step-by-step guide for videos and example pitches). All you need is some writing skills, time to research and craft an effective outreach campaign to prospects in a profitable niche.
If you have a fondness and talent for taking pictures you can make extra money online by becoming a stock photographer and selling your images to a stock photo company like ShutterStock or iStockPhoto. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
However, some of the world's top-earning blogs gross millions of dollars per month on autopilot. It's a great source of passive income and if you know what you're doing, you could earn a substantial living from it. You don't need millions of visitors per month to rake in the cash, but you do need to connect with your audience and have clarity in your voice.
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.
Data entry encompasses different job titles, but they usually include inputting data into a company's system from written or audio files. Most legitimate companies hiring for this type of work hire people as independent contractors and not full-time employees. Data entry jobs are frequently the bait in work-from-home scams, so be sure to examine opportunities carefully, and never pay for kits or software.
While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial. Follow along with my experiment growing a new blog, called SmartWP about WordPress, into an additional revenue stream for my business.
VIPKid provides an international learning experience to children in China between the ages of 4-12. Headquartered in Beijing, the company offers fully immersive one-on-one English language instruction provided online by highly qualified teachers. The curriculum is based on the U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Pitches to be your own boss. Our Consumer Action Center is hearing from a lot of callers who go to help-wanted sites, find an opportunity that looks good and then contact the supposed employer. It turns out to be a pitch for owning your own business, with promises of huge money. Unfortunately, the only ones making money are the people pushing startup kits for a fee.