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The Internet has created opportunities for everyone. You can explore the various events that take place in the different digital spaces and create something new. Amidst the pandemic, where some doors were closed, new gateways were ready to be explored.
UNCTAD surveys show that there was a 28% rise in online shopping for almost all product categories. 13% of retail stores opened their online platforms during COVID-19.
Along with this, the media consumption of mobiles and computers saw an 18% rise. This alone gives a picture that internet forums have become an integral part of our daily routine.
Online platforms are not only to attain information but also to generate revenue and income. Most online personalities like Pew-Die Pie (YouTuber), Timothy Skyes (Stock Blogger), and Charlie D’Amelio (Social Media Celebrity) make a living out of their online presence.
And so can you!
Today we are here to share a few methods on how to make money online for free. We will be sharing different ways to create your own identity on the internet and how to make money online.
#1. Start A Blog
We are aware that this idea must’ve crossed your mind as well. It is one of the most organic and effortless ways to make money online. No doubt it will take you some time to understand the algorithm and the ranking system, but you can trust the process provided you do it right.
Starting a blog today is a piece of cake. You can easily create a forum for free; however, you need to know the technicalities to grow and earn money from it. Let us guide you through how you can start your own blog and how to make money online for beginners.
How To Start
Following are the steps you can refer to when starting a blog;
- Sell e-books and online courses
- Provide consultancy services
- Cross channel promotion
To monetize your blog you can add backlinks and collaborate with other bloggers. Write blogs for affiliates and brands. You can also add advertisements to your blogs.
20 Best Affiliate Programs for Bloggers in 2022
Proximate Earnings
On average, a blogger can earn up to $300 – $500 per month. This can be achieved through consistent efforts and a high-end marketing/collaborating proposition.
#2. Create An Impactful Podcast
When talking about digital content, audio content is equally celebrated on the internet. Podcasting has created a good space for itself on the online forums. Anyone can share their expertise or information through the medium of audio. It can be considered Radio 2.0.
Starting a podcast today is no big deal. Even without the heavy equipment, you can start your podcast. All you need is your cellphone and laptop and stable wi-fi to publish the content on the internet.
How To Start
You can refer to the following steps;
Proximate Earnings
Podcasters, once established, can expect earnings from somewhere between $2000 – $4000 monthly.
#3. Build A YouTube Channel
We have covered textual and audio means of communication now. Let us discuss the most effective medium of video content. Video content on the internet is a go-to solution for anything. If you want to gain some knowledge about a topic or if you want to learn how to make lasagna you can find a video for everything on the internet.
Talking of video content, how can we not mention the platform dominating this territory, YouTube. According to surveys, as of now, in 2022, Youtube has 51 million channels. It has grown by 36% in the last year. This information can answer your query on how to make fast money online.
How To Start
The first few steps for creating digital content remain the same. You need to choose a niche and conduct research for the same. Now you can refer to the following steps;
Proximate Earnings
YouTubers’ earnings are co-related to the subscribers they have. Hence, a YouTuber with 1 million subscribers earns up to $5000 monthly. For YouTubers with less than 100k subscribers, the revenue can come up to $600 – $2000 monthly.
#4. Create An Online Course
When we talk about sharing knowledge and experience with others on the internet, we cannot go without discussing online courses. Online courses are a medium created to enhance skills, knowledge base, and practical sense of a subject.
There has been a 360° spin in the education sector due to the pandemic. Everyone has shifted to online platforms to seek expertise. You can create online courses for artsy skill sets, practical learnings, and theoretical bases. This is one of the most effective answers to the query of how to make money online fast.
How To Start
Following are the steps to monetize an online course;
Proximate Earnings
The earnings for an online course depend on three factors – Hosting, Promotion, and Content. The earnings from online courses can range from $500 – $50,000. The latter price factors institutional affiliation.
#5. Affiliate Marketing
When discussing how to make money online, we cannot skip affiliate marketing as it is an integral part of all digital content. If you are creating a blog, podcast, or video content you always consider affiliate marketing as a source of monetizing your content. Hence, it is an important method to generate revenue.
For everyone who is new to this term, affiliate marketing refers to promoting products and services for brands and businesses through posts and reviews. You can also promote through email lists and microsites. Let us give you an insight into how you can become an affiliate.
How To Start
To become an affiliate you can glance at the following steps;
Proximate Earnings
Remember that you will be paid only when you drive a sale. On average, affiliate marketers are paid $2000 – $5000 per month.
#6. Sell Digital Products Online
Demand for digital products such as stock images, online courses, websites, and others is only increasing day by day. You can create digital products and sell them on various platforms.
For instance, you can create a website on demand or sell a pre-built website on platforms like Flippa.
Digital products are intellectual property that can are sold at high prices. This can be one of your passive income sources. Let us explain the process to you further.
How To Start
- Online Courses
- E-books and PDFs
- Stock Images
- Background Music and Sounds
- Web Elements (WordPress Themes, Templates, others)
- Applications
- Websites
- Podcasts and Video Content
- Graphic Art Stacks (Backgrounds, Textures, Fonts)
Proximate Earnings
We cannot mention consolidated pricing as all products are different and so is their demand but to mention a few;
#7. Create An E-Commerce Site/Online Store
Another method how to make money online is to create an online store or an eCommerce site. Now the question is what can you sell on these sites? You can opt for commodities that are used minimally such as tapes, records, CDs, and others. You can also sell merchandise and wholesale products.
As for pre-revenue businesses and start-ups, this is a good opportunity to understand your target audience and to get feedback while generating passive income for your business.
How To Start
To create an online store or an eCommerce site you need to find a platform that can provide you services beyond hosting your site. Most of the platforms offer CMS (Content management system), CRM (Customer Relation Management), and analytical reporting.
Proximate Earnings
While the earnings depend on the quality and promotion of the store, the average earnings for an eCommerce site can range up to $10,000 per month.
#8. Create An Audiobook
Just as most the other digital content audiobooks are another solution for how to make money online. The evolution of physical books into audiobooks can be debatable but the one thing that is evident is the rise in the use of audiobooks.
Audiobooks are audio content for physical books and essays. They are more interactive and portable in their being and hence, are widely used.
How To Start
Proximate Earnings
The pricing can vary from narrator to narrator but the average range remains between $150 – $1000 PFH (Per Finished Hour)
#9. Freelance As A Writer/Proofreader
If you are well-versed in a regional/foreign language or English, you can also opt for a job as a freelancing writer or proofreader. Here, you will be writing or rectifying articles. This is an adept job for someone who is looking for passive income without having to disturb their routine.
In order to attain this job, you need to have a portfolio where the client can see your previous works. Sometimes they give you an assessment of their own and then select you. As a proofreader, you need to be a fast reader and possess the skills to rectify mistakes that an AI sometimes cannot.
Proximate Earnings
A freelance writer is paid according to the word-price system. For instance, they can ask you to write an article for 2000 words where one word costs $1 – $4. As a whole, a freelance writer earns up to $250 – $300 per article. As for a proofreader, the price ranges from $200 – $500.
#10. Dropshipping
Dropshipping is one of the widely used methods to make fast money online. Dropshipping refers to mediating between the consumer and the seller. Here, the customer connects with the shipper to buy a product.
The shipper then asks the seller to deliver the product to the customer. The shipper gets his commission without having to keep any inventory or gears. He purely plays the role of a middle man.
Dropshipping can be observed on platforms like Amazon and Etsy. The shipper creates an online presence for the seller to allure the consumer and then takes a commission for the same. This is how the revenue is generated.
How To Start
Let us guide you through the process of drop shipping;
For instance, if a spatula is $10 on Amazon and the consumer places an order for that on your site. You will buy the spatula for $5 from Shopify and send that to the consumer. Your margin here is 50%. Hence, it is a preferred means of cash flow.
Proximate Earnings
A drop shipper can get up to 15% – 30% margin in a sale while not having to put any additional money.
With this, we conclude our guide on how to make money online. You can opt-in for any method to generate that extra stash of cash. Hope you found the article helpful!
