Journal logo

Make Money Online

Ways to make money

By Fairul NizamPublished about a year ago 4 min read
Like
Make Money Online
Photo by Alexander Mils on Unsplash

Over the past several years, interest in quick ways to make money online, from the comfort of our homes, is on the rise.

The magic of the web is that it’s a powerful sales channel, marketing network, and community hub all in one—plus so much more. There are many creative ways to make money fast online beyond filling out surveys and selling used goods on marketplaces.

To make choosing the best ways to make money online easier, we’ll look at several key factors:

Business type: whether the idea is product based, service based or driven by an audience.

Effort: how much time, skill, or experience you’ll need to put into the idea.

Leverage: how well positioned you are to turn the idea into a money-making one that increases in value without needing your direct attention. A high-leverage idea isn’t a 1:1 trade of time for money.

Startup costs: the upfront budget you’ll need to launch the idea.

Profit potential: how much profit you can expect to make from your idea per year.

Get help to making money online in the most convenient way here

Here are seven ways to make some extra cash.

Giving your opinion and taking part in market research can be an easy way to make money online. Some of the more popular survey sites include Survey Junkie, Swagbucks, OneOpinion, Opinion Outpost and Ipsos iSay. Find out how you can make a few extra bucks from home by taking online surveys now! Keep in mind: These won't bring in huge earnings. Swagbucks says its members earn about $1 to $5 per day. Just make sure you do some research before you get started or commit to participating in any online surveys.

Blogs aren't just for fun these days. They can be quite the moneymaker when done right. The key is to pick your niche, build your audience and then monetize the blog. Just remember: Building a following can take some time, so be patient. You can do this through affiliate marketing, which earns you a commission when someone clicks a monetized link or buys a product that's promoted on your blog. You could also try selling and displaying ads on your site. You can use a tool like Google Adsense to get started with the latter.

There are several platforms designed for online gig work. For example, Amazon Mechanical Turk is a place you can take on small tasks for businesses across the globe. They might include moderating content, taking a survey or transcribing audio. Clickworker is a similar platform, or if you have a specific skill - like copywriting, editing or graphic design - you can use freelancing platforms like Fiverr, Freelancer.com and Upwork to connect with potential clients.

If you're the creative type, you can start up an Etsy shop. Etsy sellers offer everything from jewelry and clothing to artwork, invitations, yard signs and more. If that's not your style, you can start a drop-shipping store. With this strategy, you essentially operate a storefront. When a customer makes an order, you order that product from a third party (typically a manufacturer, vendor, or wholesaler) and ship it directly to the customer. Shopify has a whole drop shipping walkthrough you can use to get started (and you can use their platform to create your store, too). Shopify encourages users to consider this route and even lists ways it's beneficial, from reducing your stress to giving you the flexibility to work remotely.

YouTube creators can make a lot of money, and it doesn't necessarily require much expertise. You can create how-to or explainer videos on virtually any subject or go more personal and put yourself in the videos. You can interview subject matter experts, provide tips and tricks, or even just show yourself playing various video, mobile or board games. The important thing is to find a niche and build a following. You can then integrate Google Ads, become a YouTube Partner, and even make money off memberships, live chats and subscriptions.

If you're a fast typer, you might consider doing some online transcription for cash. You'll simply need to listen to audio files and then type out what you hear. You get paid per piece, so the faster you can type, the better - at least, financially speaking. Rev.com, GoTranscript and TranscribeMe are just a few of the sites where you can find online transcription work.

Fancy yourself the tech-savvy type? If so, you can get paid to test out new websites and mobile apps and hunt down any glitches. At UserTesting.com, for example, you get to test new sites and products from brands like GoDaddy, Hello Fresh, HP, Subway and Canva. You just need to have a reliable WiFi connection, a microphone, a computer or mobile device and you can get to work. BetaTesting.com, UserZoom and Userlytics are other similar platforms.

industryhow toeconomybusiness
Like

About the Creator

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

Fairul Nizam is not accepting comments at the moment

Want to show your support? Send them a one-off tip.

Find us on social media

Miscellaneous links

  • Explore
  • Contact
  • Privacy Policy
  • Terms of Use
  • Support

© 2024 Creatd, Inc. All Rights Reserved.