Have you been thinking of how to make money online?
Have you been consuming a lot of articles about making money from the comfort of your home and don't know how to get started?
Do you want to be your own boss by making money online but don't know what to invest in?
If your answer to any of the above questions is YES, then this article will make it easier to get started.
Let’s get started…
As your know, the internet is a big field to play in and there are different ways to make money on it.
Here are some of the sure and legitimate ways to make on it.
- Selling a Product
This money-making method requires you to exchange a product for money. The product you sell can either be physical or digital.
a. Physical Product
Physical products are merchandise, apparel, and other physical goods you sell to customers. Selling physical products may require you to add at least one shipping or local pickup option to your store.
There are some marketplaces where you can showcase your physical products globally to potential customers. These include eBay, Amazon, Aliexpress, etc.
b. Digital Product
A digital product is any product you sell online that doesn’t have a physical form or substance.
Digital products can be in form of ebooks, courses, webinars, code, software, etc, and it's one of the easiest things to sell on the internet. The starting capital is low.
There are some marketplaces that are dedicated to selling digital products, these include Amazon, Envato market, Sellfy, etc
2. Sell a service
Selling a service online is broad, but we will pick the most common and efficient ones in this article. These includes
- selling your skills, (via freelancing) this can be done on Fiverr, Upwork, etc
- selling your expertise and experience (consultation and coaching)
- sell a SaaS (Software as a service)
3. Sell other people's products
Gone are those days when you need to go through the hassle to create a digital product or own an e-commerce store to sell online.
Selling other people’s products is a business model that has come to stay, and there are people making six figures every month doing this.
This business model is known as affiliate marketing.
This online money-making model is easier than the first two since you don’t need any skill to get started. You are just a middleman connecting the buyer of the products to the seller/product creator and getting paid for it.
4. Blogging
Blogging is one of the oldest methods of making money online. People who love writing often tend to start a blog with a niche focus. For example, a blog on programming, cars, blockchain, dropshipping, marketing, and even content writing, etc.
You can start your own blog by having your own blogging website built on WordPress, Shopify, etc, or use multi blogger system live medium, dev.to.
There are several ways to make money from blogging, these include
- adding affiliate links in your posts (don’t forget a disclaimer).
- You can monetize with AdSense by placing ads strategically on your website.
- Sponsored posts can help you make money from specific brands. This is popular among review bloggers.
- Selling digital or physical products on your website.
You can also use your blog to build authority so that you can eventually get speaking gigs, television deals, or big contracts from clients.
5. Crypto Trading
You’ve often heard of people making money from trading cryptocurrencies. You’ve heard all of the success stories of people making millions of dollars by getting in early when the price of a coin fall and selling when the prices are high.
The cryptocurrency industry is still in its early stage, and there is a lot of money you can make in trading crypto. But to trade wisely, you are expected to have some fundamental crypto trading knowledge so as to know when to enter and trade and when to get out of a trade.
To get started with crypto trading, there are more than enough resources on youtube to get you started. And also remember to start trading with the money you can afford to lose.
Here are my best ways to make money only even with your smartphone.
I will love to know some methods you think I left out in the comment section.
Keep making that money online!
