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.
If you need to brush up on your sales skills, check out online courses like Sales Training and Prospecting on Udemy, The Guide to Pitching and Selling Clients on CreativeLive. And once you’re ready, head over to Angel List and see if there any open sales position opportunities align with your interests.
The benefit here is that you don’t have to risk buying up stock in a product and losing money if it doesn’t sell. The entry barrier is lower and you don’t have to invest nearly as much to get started.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
The greeting card business has been huge for years, and it seems to get bigger with every passing holiday. Fetal Greetings offers a special opportunity for expecting mothers: To have their baby greet the world in the form of a card! Holly Nill-McKay started the company in 1999, and while the idea may sound strange, I love it. It’s a great example of a unique and clever idea that builds on an existing industry. The cards themselves are cute, and they make wonderful surprises to send to family and friends to announce a pregnancy.
Your email list is going to be your most direct form of contact with your audience. It’s been proven to be the most effective marketing channel available to you, and for years, email marketing has consistently outperformed every other digital channel when it comes to acquiring sales, leads, and customers.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
With tens of thousands of new drones being purchased, and subsequently crashed or damaged, there is an opportunity to start an online drone blog, advice, and repair business. Here’s the clever part: use a 3D printer to print good quality spare parts cheaply and use those for repairs and spares. Customers with damaged parts can order them online, have them printed, and delivered. Alternatively, they can post the damaged drone to you to your workshop, have it repaired, and sent back.
Telemarketing services are great for appointment setting as well as creating warm leads. More and more companies are looking to outsource their marketing efforts and this is where you could fit in. Telemarketers charge £15-30 per hour depending on the size and type of operation.
Sammi Caramela has always loved words. When she isn’t working as a Purch B2B staff writer, she’s writing (and furiously editing) her first novel, reading a YA book with a third cup of coffee, or attending local pop-punk concerts. The only time Sammi doesn’t play it safe is when she’s writing. Reach her by email, or check out her blog at sammisays.org.
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
Next, you need to include a list of your credentials. However, don’t just give point after point of accomplishments; be sure to state exactly how each of your credentials is going to translate into a benefit for your clients. Don’t make the critical mistake of assuming that visitors to your site can make this leap on their own. Clearly spell out the benefits you offer in your sales copy. For example, if you’re a real estate agent with certification in housing inspection, you shouldn’t just tell your visitors “I’m a certified housing inspector.” Instead you should say, “Not only can I find the best home in the best location for you and your family, but as a certified housing inspector, I can give you an accurate assessment of the home’s structural soundness and let you know about any potential problems to make sure you avoid getting stuck with costly repairs in the years to come!” Doesn’t that sound better than “I’m a certified housing inspector”? Make the benefit obvious!
Your favorite artist, musician, or entrepreneur often needs help maintaining their fan pages on Twitter and Facebook. If you have a bit of a background in social media you can make money online looking after these pages by looking for jobs on Fiverr.
Are you interested in home decor? Do you love re-imagining home spaces? Consider a career as an online interior decor. You can create mood boards, set up design strategies, and make furniture and fabric recommendations all online.
Build your list by creating a lead magnet. ($10) An eBook is as low-cost as you get when it comes to lead magnets. You can easily find someone to create a great-looking design for you for $10 or less. Total cost so far: $107
A lead magnet can be anything from a YouTube video, to a cheatsheet, a webinar, or even an ebook. As long as it’s filled with information that your audience wants, you can promote your lead magnet anywhere in order to get more signups to your list.
We personally use Infusionsoft at Foundr, because we have a subscriber list of over 300,000 people. For someone just starting out, however, there are several tools out there that you can use to get your email marketing into shape and even create automated email campaigns.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
Journalists, doctors, lawyers, academics, and researchers record interviews every single day and need someone to transcribe what’s been said. So, if you’re comfortable with listening to the same audio over and over while writing it down you can make good money online doing transcriptions.
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If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
If you’re willing to take the time to learn the development skills necessary to build high-quality software products (or even MVPs to help you get funding), there’s a growing roster of reputable online learning platforms like Treehouse, CodeAcademy, and Skillcrush to get you the skills you need.
Blogging is not capital intensive, but there is a high potential for return. The best bloggers make 6 figures monthly. Even if you are just blogging as a hobby, it will teach you the basics that you need to know for an online business, such as web design, content creation, SEO, and advertising. These skills are essential for any other type of online business.
But he managed to sell a necklace for $200, and with that $200, Branson finally had the money to call potential advertisers for his fledgling magazine. The rest, as they say, is history. That $200 would eventually grow into the Virgin Group, now a multibillion-dollar brand, operating in industries ranging from aerospace to communications.
Santa Mail has been around since 2003, and as far as I can tell, it was the first company of its kind. Since then, at least four sites offering the same service have popped up. Even though someone may come along and offer something better, for now, Santa Mail is at the top of its niche.
You’ve heard of antique dealers and even car dealers, but what about dealing in domains? Domains are internet real estate and like real estate they could be considered as an investment. Don’t just buy any domains, spread your risk with a portfolio and make sure you hold out for the highest price possible.
Pitch, cold email, and sign your first clients: Now it’s time to go after clients. Mention them in your content. Reach out to them over email or LinkedIn. Tailor your pitch to show what kind of value you bring to the table. (You can even read my personal cold email templates).
Some people have made big dollars by owning desired domains and selling them to hungry buyers. For a minimum investment of buying domain names you feel will be popular (typically $10 to $20), you might make a big profit selling it down the line.
Learning how to earn money online as an affiliate isn’t easy. But there are lots of people worldwide that are making over $1,000,000 a year doing it. Most will not be a successful unless they have some formal help and training. Affiliate stores are web stores where people purchase items on a site, but through a third party.
The key thing to remember is that at this point you’re not trying to build a fantastic, well-developed website just yet. All you’re trying to do is create an MVP website that you can start directing your customers and potential audience to.
Also, no matter what your career, it’s important to diversify where your income is coming from. This means having multiple revenue streams from multiple sources, like selling your freelance services, affiliate and passive income, as well as coaching and other online odd jobs.
Another great way to make money is to find things in your area that are free or cheap, and then sell them online. Many people hunt through local thrift stores for rare collectibles, vintage styles or cheap-as-dirt books or media to mark up and resell online.
The sites that hold the most value on the web hold the most valuable content. Face Book holds information about what hundreds of millions of users. YouTube possess millions of funny, educational and controversial videos. If you can create a website that focuses on offering valuable resources, then you just might be onto a winner.
The second part of the equation is consistency, as you can’t build a strong social media following without consistency. While you can post onto your preferred social media platform manually, it can end up becoming a real chore.
I’m really interested in the wave of productized consulting that seems to be swelling up recently. To put it in layman’s terms, an individual (usually a freelancer or consultant) who has a very specific skillset packages their services up in a way that makes it appear like a product. Some people are hesitant to work with individual freelancers, but if you look and sound like a company, they are much more at ease.
Strategy #7: Encourage referrals and repeat customers. Always, always, always follow up with existing clients! Are they happy with the job you did for them? Is there anything else you can do for them? Do they know anyone else who might benefit from your service?
I talk a lot about how to start a blog on this website, and for good reason. In 2018, it’s easier to start a blog than ever before, and your blog can also be a big potential source of income (if you know how to monetize it).
Selling your know-how can really pay off. Even if your know-how is super nerdy and small — I created an online course that teaches people how to start a business proofreading transcripts for court reporters. Lives have been changed in the process, including mine! The course has earned me over $166,000 in profit since its launch in February, exactly four months ago today.
Strategy #2: Be specific about exactly what you’re offering. We’ve already talked a bit about this, but this is such a common mistake I see website owners making–whether they’re selling a service or a product–that I think it warrants further explanation.
Then once you’ve got your domain name and hosting sorted out, it’s time to pick a CMS, or Content Management System, that will let you update pages, build your blog and integrate with all the other services you need. It’s hard to go wrong with WordPress—the CMS powering close to a quarter of the internet.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
Just head out to your local cafe, set up a small sign saying that in exchange for a coffee all you need is 10 minutes of someone’s time, and spend the whole day talking to people. All you really need are some concept photos, even a simple slideshow, and then talk to as many people as you’d like to gather valuable information.
The $15-$20 is to cover the ticket price, but the majority of these events are usually free. Keep an eye out on the speakers and guest lists and see if there’s anyone you’d like to connect with. Being in the same room with them will make it that much easier to develop a rapport and establish a relationship.