The best part about making money online is that you can start anytime. You can be a student looking for some extra cash, or someone struggling with a dead-end job who is looking to branch out and try a new career path, or you might just want an alternate income stream. Either way, the ability to make money off of the internet is amazing.
But here’s the catch, a lot of these online business ideas or models do not work. Some do not work because they don’t have a proper structure and some might just work but won’t get you enough of a profit on which you can live on.
That is why in this article we want to talk about the top 10 tried, tested, and proven ways to make money online.
1. Create Sales Funnels
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Sales funnels are a part of digital marketing. Sales funnel kind of works the same way how ads work but produce better results. For this, you will first need to build a landing page, meaning your website. Next, you have to generate traffic on your website and enable customers to buy products. After that step, offer those customers an upsell or an upgrade and finally, keep the steady momentum going.
The best way to create sales funnels is by using a software called ClicKFunnels. You can visit https://jefflenney.com/product-reviews/clickfunnels-review/ to know more about ClickFunnels.
2. eBay Dropshipping
This business model is great for people who are willing to put in a good amount of upfront work. This model requires a very low start-up cost and no physical inventory. eBay dropshipping essentially means you will be sourcing an item from a different website.
For example, you may find an item on Amazon that is priced at $10 you can then use software to relist the item on eBay and price it at $15. When someone buys that product from eBay you make that extra $5.
Why this works is because there are thousands of people who will always buy from one place. Whether it be Amazon or eBay. With eBay drop shipping you can take advantage of this price discrepancy and make money on the price difference. You will need to put up the upfront work and hire virtual assistants to ease the process.
3. Dropshipping With Shopify
This is kind of similar to the above eBay dropshipping but the difference is that Shopify lets you use your website. Shopify will host the actual e-commerce website that will help you put products up. This essentially helps create your brand identity.
In this case, you will need to generate your traffic by using Facebook ads, email marketing, and utilize your Facebook pixel or Google Adworks to retarget people who interacted with your product. This takes quite a lot of money to start and you have to go through a big learning curve to know about product creation, paid traffic, and payment processors. However, successfully creating your shop will give you stability and credibility.
4. Sell Books on Amazon
Flipping books on Amazon can get you some amazing deals. There is a software called eFLIP that allows you to find books that are undervalued on Amazon. You can buy these books and then resell them through the Amazon FBA program. This is similar to the retail arbitrage model.
You can buy books at $5 and sell them at $15-$20. A relatively easy way to rake up profit.
5. Affiliate Marketing
This is one of the best-proven ways of making money online using your blog or website. Let’s break it down further.
Affiliate marketing is basically when you recommend a product or service to your audience using a special tracking link. When somebody uses that link to purchase that said product or service, you will get a referral commission.
You can join an Amazon affiliate program or programs offered by Commission Junction or ShareASale. You will find products related to all sorts of niches and select products that match your website and intended audience. This takes a lot of work in building your social media presence. You will need to produce quality SEO content to generate traffic.
6. Use Google Adsense
This is also related to affiliate marketing. If you want to put ads on your website to earn a commission. You can display advertisements on your website and if someone buys a product through your ads then you get a certain commission out of it.
The easiest way to do this is by installing Google Adsense. Adsense lets you control the type of ads you want on your website and even the ad placement. You can also use Google AdSense to see how much you might be able to make.
7. Sell Advertisement Directly
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Google Adsense is really easy to set up but the amount of money you earn with it is limited. Google takes a certain cut for finding the advertiser. Also, Google pays based on the number of clicks. So it is optimized for large traffic websites.
If you are running a small website with a targeted audience then you are better off selling ads directly to your website using WordPress plugins like AdSanity that lets you keep all the profits.
8. Offer Freelance Services
Freelancing is by far the most popular way to make money online. If you are really good at a specific skill in demand, then offer that skill or expertise to other companies who may need it. Content writing, graphic designing, illustration works, all of these skills, and many more can be offered to clients for a good amount of pay.
You won’t even necessarily need a website or blog, but, if you do have one, it will be better since you can start by offering your skills to your audience first.
9. Consulting Services
Use all that knowledge you gain from your professional or freelance work and use that to start your consulting services. The easiest way to get starting with consulting is by adding a PayPal button that people can use to give you money.
10. Online Courses
Once you have enough experience with a particular sector or subject use that knowledge to enhance your consulting services and create courses. This way you don’t have to answer the same questions over and over again. Turning your online consulting services to an online course is a pretty smart way to earn more money.
The best thing about income from online is that your income will not be limited by your age or background or physical location. But it is a source of income, and you have to be serious about it. There is no shortcut to earning money. You will need to put in your time and effort. We hope our above-mentioned ways can help you make a profit online, and, better yet, become your primary source of income so you can become completely self-dependent.