You probably know a dozen ways to make money online. Many of them might feel a little old and tired, too. Maybe you’ve seen all these ideas before? After all, it’s been nearly two decades since the Internet truly took off in mainstream culture. But that doesn’t mean there aren’t new opportunities out there waiting to be discovered. In fact, we live in an exciting time where technology is changing at a faster rate than ever before.
New tools are constantly being released that can help anyone launch a lucrative side business or even a full-time income venture with minimal financial risk and start-up time.
Here are 11 ways you can make money if you haven’t already heard about them yet:
Blogs have been around for years, but they’ve recently gotten a huge boost thanks to the rise of blogging platforms like Medium, WordPress, and Blogger. If you want to start a blog, the first thing you’ll need to decide is which platform you want to use. Each platform has its own strengths and weaknesses, so it’s important to choose one that fits your needs and abilities. Once you’ve decided on one, it’s time to start creating content.
Blogging is great because you can definitely make money with it. There are a ton of different ways to monetize a blog, including:
- Affiliate Sales
- Sponsored Posts
- Selling Your Own Products
Of course you don’t have to rely on a third party blogging platform and use your own domain. This in fact is the best idea, if you want to grow your blog really big. There are many sites, where you can buy a domain name, like for example Namecheap.
Unlike other online business models, dropshipping doesn’t require any upfront capital for inventory or other expenses. You simply sign up for a dropshipping service like Doba that provides you with a storefront and start marketing products to your customers. When customers buy these products, the service you’re using will ship them directly to the customer. When that customer pays for the product, you get the payment, minus any applicable fees.
Doba charges a $29.95 monthly fee per store, regardless of the number of products sold. That can cut into your profits, so it’s important to find a dropshipping service that doesn’t charge too much. Once you scale up your business and have an established brand, you can try to attract investors who are willing to help you scale more quickly.
You can make money with freelance writing by pitching your services to online publications. You can find these opportunities by searching online job boards, reaching out to publications directly, and researching potential clients on sites like Writer Beware. Be careful when you’re selecting freelance writing clients. You don’t want to work with someone who will steal your ideas and pass them off as their own. Make sure you read and understand any contracts you sign and take careful notes on any important details so you can refer back to them later.
Freelance writing can be a great way to make money, but it also requires a lot of time and effort. Before you get started, make sure you have a schedule that allows you to meet deadlines and also have time for research and other tasks.
Become an Influencer
If you’re good at something—like baking, gaming, or gardening, you can make money by sharing your skills online as an influencer. Platforms like YouTube and Instagram allow you to build a following around your passions and share your knowledge with others.
The key to being an effective influencer is to provide constant, useful content and make sure your platform is easy to access. You don’t have to have a large social media following to make money as an influencer either. If you have a smaller, but highly engaged, audience, companies might be willing to pay you for product reviews or other types of sponsored posts.
Start a YouTube Channel
YouTube is one of the most popular websites in the world, and it’s also one of the best ways to make money from home. You don’t have to be a professional video creator to make money on YouTube. In fact, you don’t even have to make high-quality videos. You just have to create content that people want to watch and be willing to share it.
The best way to do that is to choose a channel topic and stick to it. For example, you could host a gardening channel or an entertainment channel that features funny videos and memes.
Virtual Assistant Business
With the rise of artificial intelligence, many people are expecting a huge job loss in the coming years. But that doesn’t mean there aren’t any opportunities to make money. In fact, there are more work-from-home employment opportunities than ever before.
If you have good organizational skills, a way with words, and some computer and Internet skills, you can build a lucrative virtual assistant business. You can specialize in anything from administrative tasks to customer service. Some websites that help you find virtual assistant jobs include Upwork and Remote.
Earn By Learning How To Code
If you’ve always wanted to learn how to code but never had the time, now might be the time to make it happen. Not only is it a useful skill, but it’s also a skill that employers are willing to pay top dollar for. You can find online coding courses at many different skill levels, and many of them are free to audit.
Once you’ve learned the basics, you can start building websites and apps that make money. You can also use your coding skills to find freelance work online, like building websites or coding apps.
Another skills-based side business idea is online coaching. You can make money by helping people improve in a specific skill, like public speaking or weight loss, or by teaching them something new, like programming or yoga.
The best way to get started with online coaching is to pick one skill and become an expert in it. Now, you can’t just create a YouTube channel and start talking about your area of expertise. Instead, you need to create a course that teaches others how to do what you do.
Create Games and Apps
If you have a strong background in computer programming and design, you can earn money by creating games or apps. There are a lot of ways to make money from your app or game, including in-app purchases, ad revenue, and sponsorships.
You can also sell your app or game for a one-time fee. Many app and game creation platforms, like Appy Pie, let you create and publish apps without any coding experience. You can also hire freelancers to create your app for you and find work through online job boards like Upwork.
Videos are one of the best ways to market your products and services online. Now more than ever, companies are turning to online video to promote their products and services. If you can create engaging and effective videos, you can make money in a variety of ways, including through online video marketing services like Patreon, YouTube, and VidIQ.
You can also use video marketing to earn money by creating your own online course and selling it through platforms like Skillshare and Udemy.
Surveys and Research
One of the easiest ways to make money online is by participating in surveys and market research. There are a lot of sites out there like Swagbucks where you can earn a few extra bucks by answering a few questions. You can also use a service like Mturk to search for market research and survey opportunities.
This can be a great way to make extra money on the side, but be careful not to spend too much time on surveys. You don’t want to become too dependent on them since they aren’t very stable or consistent.
There are many ways to make money online, and they don’t require years of experience or a large financial investment. All you need to do is pick a niche that interests you and then research ways to make money in that area. With a bit of creativity and effort, you can start making money online in as little as a few weeks.