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A Quick Guide on How To Make Money Online

No matter what other people think, there is money to be made online. There are many business models to work and work and your earnings will be limited only by the work you do. This quick guide will present ways to make money online and help you determine which is the best option for you.

Let’s start

  1. Freelance Jobs

There are thousands of online businesses today that are eager to hire skilled and talented individuals. People who know how to design, write, program, code, and teach often find what they’re looking for. A talented and skilled person can easily find work online in these fields. Most of the time businesses offer project-based, part-time and full-time work.

Pros:

Finding work is easy and there are hundreds of job opportunities to choose from. As long as you complete the work assigned to you, you have the freedom to work whenever and wherever you want.

Your earnings are determined by the quality of the time and hard work you put in. In contrast, in most but not all, office jobs that pay and wages are fixed.

Shortcoming:

You are working for an online boss. You have to answer to someone. If you’re not a fan of working for someone then this might not be for you.

Another con is isolation. You may be the boss of the office, you may be the worst person but you can tolerate it because of your friends. Now finish the friends and let the boss in. Sounds a little sad, doesn’t it?

  1. Creating an Authority Site or Niche Site

First and foremost, let’s differentiate between the two:

Authority sites are websites that have proven their expertise in the World Wide Web. This means that it is considered a “go-to” website by many reputable people on the Internet because of its service or product.

Niche sites on the other hand are websites that contain and talk about only a specific niche, a specific topic throughout the blog.

Where is it appropriate to make money online in all this? How to make money online by creating a website is by monetizing it.

a. Monetizing it using Google AdSense

Many people have made thousands of dollars from Google AdSense. However, getting approved by Google is really hard. Your website will need around 16-25 quality articles to get approved. However being approved is not a guarantee of making money. Your site visitors should also click on Google’s ads. If the ads are used more properly, you can earn a good amount of money.

b. affiliate marketing

Affiliate marketing is promoting other people’s products and services on your site. You are basically promoting their products and you get commission if any site visitor buys your product.

C. membership website

You create a website that is full of content and quality products that are exclusive to members only. A person may be able to get full access to your website only, you have to pay a subscription fee (which you will set). This is a good business model because it is recurring (members pay their fees monthly) and it will generate income long after you finish the website.

Pros:

You can create recurring passive income for yourself and you can live the lifestyle you have always wanted. The sky is the limit when it comes to earning potential in building authority sites and niche sites. This is because earning will be limited only to the time, effort, connections and investment you put into the website(s) you have. The more blood, sweat and tears you put on websites, the more successful the website will be. Certainly more success = more money.

Shortcoming:

A lot of research, promotion, money and time should be invested in building an authority site or niche site. You will also come across a learning curve as you need to learn many things, such as online language jargon, methods and techniques, copyright, online legal matters and much more.

  1. Selling Your Own Product\Service

“The people who make the really big money are the manufacturers and sellers of the product(s). Everyone in between is working for them.”

-anonymous

There is nothing better than being the “source” of a quality product. It can be an ebook, podcast, magic toolbox, furniture, t-shirt and etc. As long as you’re sure what you’re selling is the best, then sell it online!

Create a way for people to find your product — either create a website or place it for sale on a website. Start there and slowly build your business.

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