By Vanessa B
More and more consumers are spending their money online. And there are many trends that you can participate in. If you are worried about the start-up money, check out this online personal loan calculator. The start-up costs shouldn’t be that high for an online business, and securing a good loan might not be as difficult as you think. If you don’t know where to start, don’t worry – we’ve got your back.
1 – Online Courses
Your knowledge and experiences are valuable assets if presented the right way. When you create an online course, although it will be a lot of work upfront, it could create a passive revenue stream for you for months and even years down the road.
There are many platforms dedicated to hosting online courses. Shop around and find the best match for you and your target learners. Some of the popular platforms include:
2 – Social Media Management
The number of social media platforms is increasing. Not only Facebook and Twitter, but also LinkedIn and Instagram are gaining popularity every day – and that means more and more people are trying to gain followers.
Social media platforms require constant monitoring and management to be successful. If you set up a social media management agency, you can earn money by providing your clients with social media services. These services include but are not limited to:
- Engaging with followers
- Filtering and maximizing paid content
- Creating posts that attract new followers and increase interaction with current followers
3 – Blogging
Building and maintaining a blog takes a lot of time and effort. But it can also be a good way to engage with people online and provide a good creative and intellectual outlet. Blogs generally don’t make money at first. You have to gain an audience (or a readership) before you can effectively monetize your blog.
When starting out your blog, don’t worry about how to make money from it. That part comes later. The first thing you need to do is let your personality come through. Share who you are and your creativity with others, positive things generally come out of that later.
4 – Web Design
As a web designer, you will create websites for your customers. You can focus on a specific niche or branch out and opt to market yourself as a versatile web designer. thanks to the many building-block web design platforms, you don’t necessarily need to know how to write code to be a web designer. But if you can write code, that will give you a strong competitive edge.
5 – Affiliate Marketing
If you don’t know what affiliate marketing is, we’ll give you an example: if you’re looking for a new pair of shoes online and find a pair you like mentioned on a website (a YouTube video or a blog, for example) the content creator will get paid by the seller for sending you to their site and making a purchase.
Affiliate marketing is a very flexible option – it doesn’t require much investment and doesn’t limit you in terms of location. You need to create a following, either from social media, a blog, a website or a video channel. Then you can provide links to the products or services you talk or write about.
There are many claims online about the quick and vast fortunes you can make through affiliate marketing. These claims are made by people who want to sell you their affiliate marketing courses. Don’t fall for these scams. You will not make thousands of dollars a month through affiliate marketing. But if you have a sizable following, readership, or subscribers, affiliate marketing can provide a decent additional revenue stream for you.
6 – Blogging + Affiliate Marketing + Your Own Products
If you want to make money online for real, it makes sense to combine different types of business together: there aren’t many bloggers who would sell other people’s products on their site; plus, affiliate marketing requires constant work if you want to be successful at it – so why not combine two or three sources of income?
Selling your own products doesn’t mean getting into the manufacturing business. There are plenty of white-label products available. From bottled water, to wine, and just about any kind of product you can think of, there is a manufacturer who will slap your branded label on the product for you to sell to your community of followers or subscribers.
7 – Paid Surveys
All you need is an Internet connection and a computer or smartphone – and no financial investments whatsoever! With paid surveys, all you have to do is answer some questions on behalf of your customers and receive payment in return (usually between $5-$50 per survey). This is one of the easiest online money-making activities out there: however, many surveys are available only to US citizens due to laws. So make sure to check whether your country is allowed access before picking this option.
Additionally, keep in mind that paid surveys are not always reliable sources of income: sometimes surveys take days or weeks until they’re approved; plus, many surveys are scams so be careful before signing up.
If you have an internet connection and free time, you have everything you need to start making money. Don’t fall for the scams, though. If it sounds too good to be true, the chances are that it is. On the other hand, if you put in the hours, you can make decent money with these trending online money-making ideas.