How to make money online acording to ChatGPT… and my personal opinion (1)

I’ve tried a variety of methods to make money online only none of them worked or maybe I looked in the wrong place… that’s possible too.

So today I decided to ask ChatGPT to give me a few ways to make money and maybe I can implement one of them.Now let’s discuss each method in turn and see how unfeasible it really is.

1. Freelancing

Certainly! Freelancing is a popular way for individuals with various skills to offer their services to clients or businesses online. It allows you to work independently, choose your projects, and set your own schedule. Here’s more information about freelancing:

Types of Freelancing Jobs: Freelancers can provide services in a wide range of fields, such as:

• Writing: Content writing, copywriting, technical writing, blogging, and more.

• Design: Graphic design, web design, logo design, and illustration.
• Development: Web development, app development, software development, etc.
• Marketing: Social media management, SEO (Search Engine Optimization), email marketing, etc.
• Virtual Assistance: Administrative support, data entry, customer support, etc.
• Translation: Translating documents, articles, or websites from one language to another.
• Video and Audio Production: Video editing, voiceover work, podcast editing, etc.
• Consulting: Providing expertise in specific industries or fields.

At first glance it looks easy but believe me it’s really not. Why not? Because as a freelancer you need to have a variety of knowledge and skills to do all those jobs I discussed above. Ok, you will say that you have some of those skills but there are other things that prevent you from doing these types of jobs and that thing is that THERE ARE A LOT OF PEOPLE ALREADY DOING THIS. I mean let’s think logically if any of us would start freelancing now and would enter on sites that offer this possibility to do this kind of job, when a new job will appear in no case you will not be the only one who wants to apply to carry out the tasks required by the client but there will be others trying to do the same thing as you, and the client will normally choose the one with the highest rating… so honestly you have no chance to be the one chosen. Ok, if you want to try you are free to try I just gave a personal opinion about this kind of job.

2. Online Surveys and Market Research

Certainly! Online surveys and market research provide an opportunity for individuals to earn money by sharing their opinions and feedback with companies and organizations. Companies value consumer insights to improve their products, services, and marketing strategies. Here’s more information about online surveys and market research:

How It Works:

1. Survey Platforms: There are various online platforms that connect participants (you) with companies looking for feedback. Some popular survey platforms include Swagbucks, Survey Junkie, Vindale Research, Toluna, and many others.
2. Sign Up: To get started, you need to sign up on these survey platforms. Most platforms are free to join, but some may have specific eligibility criteria based on demographics or geographic location.
3. Profile Creation: After signing up, you’ll typically need to complete a profile questionnaire. This information helps survey platforms match you with relevant surveys based on your demographics and interests.
4. Participate in Surveys: Once your profile is set up, you’ll receive survey invitations via email or on the platform’s dashboard. Surveys can vary in length and complexity, and the pay typically corresponds to the time required to complete each survey.
5. Earn Rewards: For each completed survey, you’ll earn rewards, which can be in the form of cash, gift cards, or points. Some platforms offer a redemption system where you can exchange points for rewards.

Now that you’ve read the above you’ll be happy to say that you’ve discovered a not hard to make money online. But now to tell you the truth… it’s a waste of time doing this kind of job. I know it’s easy and you’d think anyone can do it… I know that, it’s just another problem. You fill out these surveys, which basically take about 10–15 minutes to complete. Ok, you do that and at the end you get a few cents… actually a few cents, and to get to a big amount, say 100$, you have to work a few hours a day for a month. In short, you give your precious time for these surveys and in the end you only make a few cents, while you could in this time do something else that can bring you an income of thousands of dollars a month.

3. Content Creation

Creating and monetizing content online is an excellent way to make money while sharing your knowledge, skills, or creativity with a broader audience. There are several avenues for content creation that you can explore, each with its unique opportunities for generating income:

• YouTube Channel: Starting a YouTube channel allows you to create and share videos on topics that interest you. Once your channel gains a significant number of subscribers and views, you can monetize
• Blogging: Starting a blog allows you to write and share articles on subjects you’re passionate about or knowledgeable in. There are various ways to monetize a blog
• Podcasting: Podcasting has gained immense popularity, and you can create audio content on diverse topics.
• Online Courses and Ebooks: If you have expertise in a particular field, you can create and sell online courses or ebooks. Platforms like Udemy, Teachable, and Amazon Kindle Direct Publishing allow you to publish and sell your educational content.

This is really a good option that can bring you a consistent income, but before you start using one of the above methods, you should keep in mind that YOU WILL NOT GET RICH OVERNIGHT. What I mean by this is that in order to make a consistent income, it takes time, and a lot of work from this point of view. My honest opinion is that if you are the type of person who has time to upload content and put in a lot of work that at first will not bring you any income, then this method is a very good one that I need to try.

4. Affiliate Marketing

Certainly! Affiliate marketing is a popular and profitable way to make money online by promoting products or services and earning a commission for each sale or lead that comes through your unique affiliate links. Here’s more information about affiliate marketing:

How Affiliate Marketing Works:

• Affiliate Programs: Companies or merchants set up affiliate programs to encourage individuals (affiliates) to promote their products or services. Affiliates receive a unique affiliate link or code that tracks the traffic and sales they generate.
• Affiliate Promotion: As an affiliate, you promote the products or services on your website, blog, social media channels, email newsletters, or any other online platform. You can use banners, text links, or even product reviews to attract potential buyers.
• Customer Referral: When someone clicks on your affiliate link and makes a purchase or completes a desired action (like signing up for a service or filling out a form), the affiliate program’s tracking system records that activity and attributes it to you.
• Commission Earnings: For each successful referral, you earn a commission. The commission rate varies depending on the affiliate program and the product/service being promoted. It can be a percentage of the sale amount or a fixed amount per lead.

Now that we understand what affiliate marketing is all about, let’s see how profitable it is. So in short we have to promote products sold by others and bring them constant traffic and customers to their site…Pretty easy right? It’s not that easy because we have to think about what kind of traffic we want to target. There are 2 types of traffic: paid and free. Free traffic is about building a niche-based community where you can promote your products. Besides this there is also paid traffic, i.e. promoting those product links using TikTok Ads, Facebook Ads, Google Ads… In my opinion those who will earn the most money from this method are those who have a community already built or those who develop strategies to promote those products at the lowest cost.

5. Online Courses and Ebooks

Creating and selling online courses and ebooks is a popular and potentially lucrative way to make money online, especially if you have expertise in a particular subject. Here’s a more in-depth look at this method:

Creating Online Courses:

• Choose a Topic: Select a topic that you are passionate about and have in-depth knowledge of. It could be anything from cooking, fitness, programming, marketing, language learning, or any specialized skill.
• Plan Your Course: Outline the content of your course, including modules, lessons, and any supplementary materials like quizzes, exercises, or downloadable resources.
• Record Your Content: Create video lessons or slideshows that cover the material. Ensure your content is engaging, well-structured, and easy to understand.
• Choose a Platform: You can host your course on online learning platforms like Udemy, Teachable, Thinkific, or Skillshare. These platforms handle course delivery, payment processing, and provide a built-in audience.
• Set a Price: Decide on the pricing for your course. Consider the value you’re providing and compare it to similar courses in the market.
• Market Your Course: Promote your course through social media, email marketing, and other online channels. Consider offering discounts or collaborating with influencers to boost your reach.
• Engage with Students: Interact with your students through course discussions and respond to their questions promptly. This helps build a positive learning environment and encourages positive reviews.

Creating Ebooks:

1. Choose a Niche: Select a niche or topic that has a target audience interested in your content. It could be fiction, non-fiction, self-help, educational, or any other genre.
2. Write and Edit: Write your ebook, ensuring it’s well-written, edited, and formatted professionally. Consider hiring an editor to ensure the quality of your content.
3. Design a Cover: Create an eye-catching and professional cover for your ebook. The cover is essential for attracting potential readers.
4. Publishing: Self-publish your ebook on platforms like Amazon Kindle Direct Publishing (KDP) or Smashwords. These platforms allow you to reach a vast audience and earn royalties on each sale.
5. Promotion: Promote your ebook through social media, your website or blog, email newsletters, and book promotion websites.
6. Collect Reviews: Encourage readers to leave reviews on the book’s sales page. Positive reviews can significantly impact your ebook’s visibility and credibility.

Another pretty good way to make money online, but if we make a kind of similarity with affiliate marketing we find that besides creating our own product we also have to promote it because nobody simply knows about our course or our e-book until we promote it so that people know about it, logically.

6. Dropshipping

Certainly! Dropshipping is an e-commerce business model where the seller (dropshipper) doesn’t keep products in stock but instead partners with suppliers or wholesalers to fulfill customer orders. Here are more details about dropshipping:

How Dropshipping Works:

1. Setting up an Online Store: As a dropshipper, the first step is to create an online store where you will display the products you intend to sell. You can use popular e-commerce platforms like Shopify, WooCommerce, or BigCommerce to set up your store easily.
2. Selecting Products: Research and choose the products you want to sell in your online store. Focus on products with demand in the market and consider factors such as profit margins, shipping costs, and competition.
3. Finding Suppliers: To partner with suppliers, you can use online marketplaces like AliExpress, Alibaba, or connect directly with manufacturers. Look for reliable suppliers who offer dropshipping services and have a good track record of shipping products on time and maintaining product quality
4. Importing Products: Many e-commerce platforms have plugins or apps that make it easy to import product listings, images, and details from your chosen dropshipping suppliers to your store. This saves you time in manually adding product information.
5. Customizing Product Listings: Customize the product listings on your website with appealing product descriptions, images, and pricing. Ensure that your product pages provide all the necessary information for customers.
6. Receiving Orders: When a customer places an order on your website, you receive the order details, including the customer’s shipping address and payment information.
7. Notifying Suppliers: Forward the order details to your dropshipping supplier, along with the payment for the wholesale price of the product.
8. Supplier Shipment: The supplier then picks, packs, and ships the product directly to your customer, using your business information as the return address.Certainly! Dropshipping is an e-commerce business model where the seller (dropshipper) doesn’t keep products in stock but instead partners with suppliers or wholesalers to fulfill customer orders. Here are more details about dropshipping:

Yes, with this method you can really make a lot of money but you have to take into account some aspects that many people do not say. First of all, before you can describe such a business you need a company to be registered with the state. Another disadvantage is that you have no control at all over the goods you sell, i.e. you cannot know if it comes damaged from the distributor. On top of that, the return policy is also quite difficult because it is hard to make a return on an order from some distant countries. In principle this is a very good way to make money but besides some risks you have to take there is also the need to promote your own website where you sell your products. So if you add up all those costs you will realize that it’s a pretty substantial amount that you have to invest and that you may not recover but as I said it depends a lot on the niche you choose.

We’ve gone on long enough with this article but be sure I’ll come back and we’ll discuss the second part of this article. All I want to say is that if you want to make money online watch different tutorials just to get an idea about that business and try to approach your own strategy and add value to your product or content, because everyone is following that tutorial step by step and no one add something to that thing and that is so bad.