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4 Easy (and Affordable!) Ways to Make Money Online

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Are you looking for ways to make money online that are actually going to generate you sustainable revenue?

The good news is, there are many platforms, tools, and resources out there to help you do just that.

The problem is, if you’re just starting out, it can be tough to know where to start with your online business.

But it can be done.

And it doesn’t even have to be that hard, even if you’re just starting out and don’t have a lot of experience.

If you’re thinking about starting an online business, take a look at these proven ways to make money online (the easy way) and start achieving the financial success you’ve been dreaming of.

1. Affiliate Marketing

Affiliate marketing is when you recommend products or services to your loyal audience. You might do this in blog content, social media posts, or even in email campaigns.

To recommend products or services to your site visitors, you include special links throughout your website that take people to the product or service you’re promoting.

Then, every time someone makes a purchase after clicking on your link, you get a commission.

Many companies that sell products or services offer affiliate programs that you can join for free. For instance, Amazon, eBay, and Walmart are some of the most well-known.

 

 

From there, all you have to do is promote their stuff to your readers and encourage them to buy.

Since 15% of all digital marketing revenue comes from affiliate marketing, it’s safe to say this is a reliable way to make money online.

But before you can jump into affiliate marketing, you’re going to need a sizable following. After all, if no one is coming to your website, there’s no one to click your links to buy.

That means you make zero money.

Luckily, you can monitor your site’s traffic using Google Analytics, which tracks who comes to your website and what they do once they arrive.

 

 

Once you notice regular traffic coming to your website, you can easily start affiliate marketing and generating extra cash.

Take a look at these affiliate marketing best practices for becoming successful:

  • Know Your Audience: Know what your audience is looking for when they come to your site because recommending products and services they aren’t interested in won’t generate you much money.
  • Establish Yourself as a Trustworthy Brand: People want to know you’re recommending things because you back them, not just because you want to make money.
  • Be Helpful: Write up reviews, share video demonstrations, and be as informative as possible so people can make an educated decision about whether they want to buy.
  • Be Transparent: Always tell your readers you participate in affiliate marketing and that you may profit off their purchases so they don’t feel scammed.

Affiliate marketing is a great way to generate money online, so long as you don’t think of it as a get rich scheme and try to convince people to buy things that aren’t worth their money.

2. Start a Dropshipping Business

If you’ve ever looked into launching an eCommerce shop, you know there’s a lot to invest up front.

For instance, you’ll need to build a site, accumulate inventory, store those products, ship them to customers, and so much more.

This can be overwhelming to anyone just starting out. Not to mention, it can be extremely expensive.

If you’re looking for a great way to break into the eCommerce world and make some money online, without all the hassles that come with having an online shop, look into starting a dropshipping business.

With a dropshipping business, you run your online store, but never have to deal with actual inventory.

Once a customer makes a purchase from your store, your supplier will ship your products from their own warehouse, right to your customer.

In addition, you don’t have to deal with managing inventory levels, shipping your products, or dealing with customer returns.

What you do get to do is brand your online business, promote the products you’re selling, and make money off everything that’s sold.

Dropshipping is a great way to get into the world of online retail if you don’t have a lot of money to invest into your business right away.

And who knows, you might end up sticking with dropshipping even after you’ve made a lot of money because it’s simply easier to do than running a traditional online store.

3. Start a Freelancing Business

Do you have a special skill that you can use to help people?

Monetizing your existing skill set as a freelancer is one of the easiest ways to make money online. Plus, this type of work is in demand today. According to Maryville University, labor economics experts estimate that by 2020, 60 million Americans will be freelancers, contractors, or some other form of contingent labor. All you have to have is a website that’s set up to show what you have to offer others.

And the best part about it?

Oftentimes if you have the right skill set and resources, you can make a living online right from the comfort of your own home.

Take a look at these helpful tips for starting your own online freelancing business:

  • Find a profitable niche
  • Determine the services you’ll offer and their price points
  • Build a portfolio website highlighting your work
  • Find a way to vet potential clients
  • Pitch your services to others in the online world
  • Promote yourself on a variety of channels including social media

Lastly, make it easy for people to get in touch once they decide they want to hire you.

This can be done using a simple contact form plugin, such as WPForms if you use WordPress as your content management system.

 

That way, when someone wants to hire you, all they have to do is fill out your form to get more information or hire you straight away.

Plus, you’ll be able to send confirmation emails to customers after they’ve filled out your form, receive a notification when someone submits a form, and add their email to your list for further marketing.

4. Offer Members Only Content

After you’ve been blogging for some time, and have built up a size-able audience that traffics your website on a daily basis, you might consider locking up some of your most valuable content and making it accessible to paying members only.

Membership sites can turn a huge profit if what you have to offer is original, relevant, and continuous.

And, while the time to create premium content for members can be a never-ending process, if you’re already publishing content on your website regularly, you might as well monetize it.

Many WordPress plugins make setting up a membership simple to do:

In addition, you can also host members-only webinars and Q&A sessions, create a members-only forum, and offer eCourses to make money out of content you’re already creating.

Need some tips for generating interest in your membership site?

Check it out:

  • Interact and engage with members so they feel they’re getting their money’s worth
  • Run group events and challenges to boost involvement
  • Give out free spots to newcomers as a promotional technique
  • Make navigation of your growing membership site easy
  • Monitor your members’ needs and adjust content accordingly

Running a membership site is a great way to generate recurring revenue that can make you financially secure.

And while it definitely takes more time than some of the other ways mentioned above, it has the potential to secure you the most money.

Final Thoughts

Running an online business and making money is not always easy to do, especially if you don’t know where to start.

However, with a little bit of guidance, a lot of determination, and a commitment to growing a successful brand, you can monetize your website relatively easily.

So, take a look at what your overall goals are, how much time you have to invest, and what you want to accomplish, and start making money online starting today.

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Marc Sullivan
 

Marc lives and breathes writing. He writes about marketing, business, sports, cybersecurity, or just about anything and everything under the sun.

bhawna

Hey Marc

I think drop shipping has very huge potential. I remember when fidget spinner came into existence it blew up the internet. At that time many drop shippers had earned in millions. It is all about finding that trending product which people are seeking to buy.
Keep up the good work

Gaurav

Amazing post, thanks a lot sir for sharing this

I think drop shipping has very huge potential. I remember when fidget spinner came into existence it blew up the internet. At that time many drop shippers had earned in millions. It is all about finding that trending things

    Marc Sullivan

    Absolutely, Gaurav.

    Nowadays, dropshipping sites are popping like mushrooms.

    For the most part, finding the winning product AND the right group of people is where things get really tricky for dropshippers.

    However, as more and more gurus surface — and I’m talking about the legit ones that provide real value — the more people are slowly learning the tricks of the trade and experiencing breakthroughs in dropshipping.

Sachin

Affiliate marketing takes a little more time to start earning money but it is one of the best ways to make money online these days. Thanks for sharing the different ways to make money online.

    Marc Sullivan

    You’re welcome, Sachin. Thank you for dropping by.

    And you’re right, it does take a little more time to start making a decent amount of money with affiliate marketing. Sadly, that’s something that others fail to understand.

    Whenever the phrase “affiliate marketing” is mentioned, the phrase “passive income” almost always comes to mind.

    But in reality, grit, hard work, diligence, and just about everything you need to succeed in almost any kind of business still applies to affiliate marketing.

    Stay awesome mi amigo!

Alisha Khan

I think freelancing is a better option. You have very much time to do anything related to your niche. I really impressed with your article, so great & useful knowledge you mentioned here

    Marc Sullivan

    Hi Alisha,

    I appreciate the kind words.

    There are certainly pros to freelancing.

    Compared to running a full-scale dropshipping or affiliate marketing site, there are fewer moving parts to it. (At least, that’s my opinion.)

    I guess that also depends on the kind of job you’re handling as a freelancer.

    Kindest,

    Marc S.

Moss Clement

Hi Marc,

Your tips are great and I appreciate your time in putting this article together. Affiliate marketing is the #1 for most web owners including freelancers, and I see why it is on the first spot. Freelancing is a remarkable way to make money online, but realize that even freelancers are leveraging affiliate marketing to make some extra money. So as you pointed out, if you have a sizeable steady traffic, start making money with affiliate. All other tips are great as well.

Neil Sharma

Hello Marc,

Your article is amazing as you have described the various option that the person can go on for the online services. As the craze of internet is on high speed. It also offers some projects which the person can do it using internet. You have described widely renowned option and audience are using it on the high scale. You have targeted best option which help the person to use their skills and make money from that.

Mostly people are in the search for the job but internet helps the people to reduce their travelling time and cost and work from their home. Blogging is the best way to earn money if the people possess the writing skills.

You can add the option of blogging into your article as it is the good medium to earn money. Your article is very prestigious as you are telling the scope of the internet and how they can utilize their hidden skills. Thanks.

Brad C Lindsey

Hi Marc –

I appreciate the write up. I have looked into all of these and you bring out some good information. My knowledge is centered around Digital Marketing, as I have been a free lancer for a number of years doing so.

Drop shipping has always been something to look into, but intimidating to me for some reason. Going to take another look into it soon…

Thanks for sharing!

Brad

Mawex

This is actually a great write up, I’m a freelancer for some years now, from my thought and the money I made and still making through freelancing I don’t think I will be able to set up another thing apart from giving my freelancing career more focus and thought.
All this was before I started an affiliate marketing which I’m now getting quite a great income from, and actually doing two things that brings you money was a great experience for me because you use the money from the other side to fund both sides and still some extra cash remains which will at the end of the pay for your little expenses and you’ll have a lot to save from the other side, which is largely dependent according to your budget. Anyway that’s a great job up there seeing both the things I do featured as a way of making money online.

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