We earn money so that we can live this life, but we don’t want to be stuck by earning an average or a small wage or do part-time jobs which give you a little cash for the summer. There are multiple other ways to earn money by side hustle. Here are 5 easy but rewarding ways to make money online.
NOTE: I won’t be going through ways like doing online surveys or Mechanical Turks. These techniques won’t guarantee you to make money fast but it will help you make a lot of money after some hard work.
- Affiliate Marketing
Affiliate marketing is one of the most popular ways to earn passive income online. It is easy to do when you put enough work and determination. You get an affiliate link of the product you want to promote from the supplier and if someone buys their product through that link you get a commission. Putting your affiliate links in your YouTube video description and in blog posts are some ways to promote your link (NOTE: Do not spam links). There are a bunch of YouTubers out there to help you. You only need to work for some time and the cash will flow passively.
PROS:
No Money Needed to get started.
You don’t need to have products of your own.
CONS:
Hard work and determination should be put forth when you start promoting.
Platforms you can work with:
Amazon Affiliate
It is the most popular affiliate program to date just sign up at https://affiliate-program.amazon.com/
Click Bank
It is also one good website where you work with small brands.
Website: https://www.clickbank.com
- Write a Blog
Blogs have been there for a long time and people who read them are increasing as the popularity of the internet is increasing. There are a lot of ways you can make money with a blog, here are some examples:
Affiliate Marketing:
As we said above driving traffic to a website through a link and making sales for them can earn you a commission. Bloggers mostly do a product review and paste amazon affiliate links below.
Google AdSense:
This is the most popular way you can monetize your blog. Google pays you a percentage every time a viewer clicks your ad. Many other programs like WordPress Ads are coming up but still the good old AdSense is the best and the most popular way.
How to get started:
Register a domain with Go Daddy or Namecheap.
Purchase a web hosting plan with Bluehost.
Make a website with WordPress through Bluehost.
Amazon FBA
This is the new generation of the old buy for cheap and sells for a profit. You find a Supplier from China through aliexpress and buy a product in large quantities and send them to Amazon. There are tons of tutorials on YouTube on how to do this and on the topic ‘What can I sell on Amazon’. You get to keep the profit after the expenses if the product is a success and you lose if the product fails. The risk is highYouTube
YouTube is one of the best platforms to make money online, you don’t need any money to get started. People make millions of dollars out of it. Affiliate marketing is common on YouTube as people love to watch videos instead of reading articles.Dropship from AliExpress.
This is a great business model and an answer to the question ‘How to make money online fast?’. It is used by many famous people like Chris Records and many others. It basically when you find a product on AliExpress for cheap and list it for high and you don’t need to make a purchase before your customer makes a sale. When you make a sale tell the Dropshipping supplier to mail it to the customer without a bill. Dropshipping jewellery from aliexpress (Jewelry Dropshipping) is popular nowadays and is turning in a lot of sale than other products but the competition is high. The Risk is Low
Examples of some successful Dropshipping companies:
www.goatcases.com
www.commonpanda.com
PROS:
You don’t need to make a purchase before your customer makes a sale.
You don’t need to store the products.
CONS:
You need to run ads to drive traffic onto your website
You need to buy a good domain and subscribe to Shopify.
How to get started:
Register a domain with Go Daddy or Name Cheap.
Make a website with Shopify.
Find some products on aliexpress.
List your products on your Shopify store
Run Ads.
Appreciate the great info in here. Got to jump on that affiliate marketing
Good choice if you are willing to work hard.