12 Ways to Make Money Online - For Real Online Income Creation and Wealth Building
Real online income creation and making money online would be an absolute dream come true for many in the high stress world we live in. For many people if they could find a way to make money online to supplement their income; or go all in and quit their job to become an entrepreneur, that would be the ideal.
Online Income Creation has now become the greatest opportunity to improve your financial position, and for many around the world the ability to alleviate the poverty they currently endure.
Today earning money online for those who decide to take the chance is not a pipe dream. There are thousands of people who are earning money online and creating real life changing incomes with their own websites, courses, often creating unique marketing strategies to leverage the tools many of which are freely available to all of us online.
The good news is that the majority of online income creation strategies are not that complicated. Like any business venture, your online income will take time to grow. As with a bricks and mortar business you need to be willing to put in all the time and energy necessary to get your idea off the ground, and you need to be persistent.
If you’re looking to earn money online but are not sure where to start, here are some strategies to consider:
#1: Affiliate Marketing
With affiliate marketing, you partner with brands and businesses that operate within the field that your website covers and revenue share on any of their products you sell. In order to do this the company will provide you with an affiliate code when you sign up for their affiliate program. You then make money any time someone buys a product or service through your affiliate code/link.
This is a great way to make money online. You will want to partner with affiliates that are related to your website/blog/channel subject. For example if you were an accountant you would more than likely focus on affiliate companies dealing with financial products such as savings accounts, credit cards, and investment accounts.
You can make money with nearly any affiliate company or product if you know your audience and build up enough traffic to create sales.
#2: Consulting
Another way to make money online is via consulting. If you’re an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think you’re not important enough to consult for big companies, but you could be surprised at the types of expertise people will pay for.
If you want to start consulting but aren’t sure what steps to take next, you can also set up a free account Groove.cm which has everything you need to start and maintain a consultancy.
#3: Online Courses
If you have a skill that you can teach others, it is also possible to set up an online course that you can promote online. You can find online courses that teach everything from cooking to marketing to even freelance writing.
#4: YouTube
YouTube is another platform that has made it possible for people to earn money online. There are tons of YouTube channels on every possible topic you can think of, and most of the people with a large following earn some money for their videos and your time. Possibly the most lucrative way to create an income online with YouTube is to promote affiliate products if you do not have one of your own. One such person was our friend Paul Murphy creator of Affiliate Tube Success Academy who will show you how to make money online without necessarily showing your face or without amassing millions of subscribers or views.
You can also monetize YouTube by using the platform's own ad network or by receiving sponsored posts. If you like making videos, starting a YouTube channel can also be a fun way to earn money online.
Click to get Paul Murphy's FREE 24 Ranking System
#5: Book Sales
You can now complete the entire process of writing, publishing, and marketing a book online these days. There are many websites that will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there.
Published online can be a good way to create an ongoing source of passive income. If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.
#6: Freelance Writing
If you have writing skills and creative talent, it’s also possible to get paid to create online content. This can be a viable online income stream which can easily be accommodated with other activities. It’s fairly easy to find starter writing jobs on websites like Upwork.com.
#7: Sponsored Posts
If you have a website or a large social media following, you can also make money by attaining sponsored posts and ads. Increasingly more companies are willing to pay bloggers and social media influencers to promote their products and services. If you have a platform, whether it is a blog or a huge YouTube or Instagram following, you can cash in. Beware that companies that want a sponsored post really just want a link from your website to their own site, so make sure it is really worth your while to send people away from your site.
#8: Podcasting
Another way to make money online is by hosting an online podcast. Podcasting is the practice of using the internet to make digital recordings of broadcasts available for downloading to a computer or mobile. The key to succeeding with podcasting is finding a niche, growing and cultivating an audience, and then find ways to monetize that audience. Monetization could be achieved by marketing your or other people’s products to them or you could work with sponsors who would pay for exposure to your audience. Interviewing leaders in your sphere of interest often leads to greater exposure for you and your brand.
#9: Google AdSense
If you have visited a website, you have seen Google ads. These ads are everywhere and for good reason. Not only are they easy to set up on any standard website, but they can also be lucrative once your website starts generating a steady amount of traffic.
One of the best things about Google AdSense is that it is very easy to install. If you have a blog or website, you can sign up for a free Google AdSense account. From there, Google gives you a unique code that you paste on your website. Google takes control from there and tracks page views, traffic, and revenue on your behalf. There is no maintenance or upkeep required for this to work, which makes it a good idea if you already have a website.
#10: Webinars
Webinars are another strategy for making money online; use them to market your product, service or to generate interest in your consultancy business for example. In a webinar, you are basically offering up information and advice relating to your market and the solution you provide for problems within that market or industry. At the end of the webinar you present your paid product or service with the aim of getting some sales.
This Free Masterclass will show you what can be achieved with webinars and great software.
#11: Blogging, Membership sites and Online Community Building
You can also earn money online by building an online community, monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could build up a Facebook group and use your influence there to sell and promote products.
If there is something that you're passionate about and you want to connect with others that have that same passion, then an online community is something you should definitely consider.
#12: Lead Sales
Another way to make money online is by lead generation. The main steps you need to complete to make lead sales work include setting up a website, getting traffic to that website, and making sure you’re collecting leads that someone will pay for.
Lead buyers are willing to pay for the personal information gathered from people who visit a website in their particular area of interest/niche. This is a win-win for everyone since you get paid for the leads and your website visitors are connected with someone who can provide them with something they desire.
Keep in mind though, you can sell leads in many different industries, you just need to figure out a niche, build a website and traffic for each website pertaining to that niche or industry. You simply have to figure out the value of the leads you collect.
In Conclusion
There are numerous ways to make money online and those covered here are really the tip of the iceberg and are not necessarily exclusive of each other. If you have time, an interest for almost anything, you may be able to build an online income stream, or several over time.
Take a look online and you’ll find thousands of success stories from which you can take inspiration. Below you will find some resources to consider for your online journey.
Suggested Resources:
Groove.cm - Your all-in-one Software Solution for Online Businesses (Free No Credit Card Required)
Affiliate Tube Success Academy - FREE 10 Day Email Course (Value $997)
Groove.ai - For all you AI solutions in one place