The Five Main Ways To Make Money Online
There is no doubt that there a lot of ways to make money online but what are the main ones? This is something that a lot of Internet marketers and bloggers do not seem to put the focus on. A newbie can easily be overloaded with information and to avoid that, itâ€™s better to list them the main ways! Being a newbie, itâ€™s often hard to start an online business and make money with it in a short time. Good mentoring and proper guidance will help any newbie start having some success. However, taking action is the best option as you have to implement what you have learned!
1) Affiliate Marketing
Affiliate marketing is a marketing practice in which a business rewards an affiliate for each visitor or customer brought by the affiliate’s marketing efforts. You can advertise products on your website or blog to either help sell the merchant’s products or to send potential customers to the merchant’s website. If someone buys from your affiliate link, you will receive a commission that can be of any percentage (10 percent to as high as 75 percent) from the productâ€™s original worth or price.
2) Product Creation
All around the World Wide Web, people are looking for information that will help them in life or for their own online business! If you have skills, you can write an eBook or create a software but this some good programming skills (html, php,etc.). I rather find that this is the most profitable way to make money onlineâ€¦.why? Because you can sell thousands of copies if you have a huge number of affiliates. Your product could sell for years and years if itâ€™s of good quality and if you market it well. However, do not expect to get rich overnight as this is a long process. You have to market your product well and promote it properly so you can start selling your products in large quantity!
Blogging is definitely one of the ways to make money online but itâ€™s also just a hobby for many people. You can blog for fun or for money but I would suggest to blog for money if you can. To make money blogging, you have to create good content and market your blog well and you will start generating revenues. As long as you write good content and treat your visitors well, you will start making money. The thing I like blogging is that you can sell advertising spots on your blog or build a list of hungry subscribers with it!
4) Email Marketing
Internet marketers are consistently praising the power of email marketing because itâ€™s really a good way to make money. Â Havenâ€™t you heard of the quote “Money Is In The List”? You can build a list of hungry subscribers and promote them your business or products that will help them grow their business. What stops you from getting 100,000subscribers?Â You can promote your own products to your list or even other peopleâ€™s products. There is no question that building a list is fundamental in order to make money online.
5) Domain Flipping
Website Flipping refers to creating or buying a website and then fixing it up and selling it to make some money. There are a lot of factors that will at what price you can sell your domain such the time spent on developing, optimizing, and getting traffic to your website. You can sell a website from $10 to $1,000,000, it all depends on the websiteâ€™s traffic and overall worth!
This guest post was written by Fazal Mayar, who has been blogging for over a year now. While being a student, Fazal loves blogging, Internet marketing and as well as computer games. His dream has always been to make money online.
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24 Replies to “The Five Main Ways To Make Money Online”
Wouldn't the main ones be different consulting and service jobs?
Such as writing articles, custom development of websites, working as helpdesp etc?
That is if you want to make money online more quickly than the other stuff on the list. Service/consulting jobs really should be considered when we talk about "how to make money online".
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You are right but those aren't the '' big ways ''. You can for example go to fiverr and make 5$ and etc. Very few make six figure a year just by writing. When newbies want to know how to bank it, i refer them to this post.
@hostingfan, thanks for noticing the mistake
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My favorite: Affiliate Marketing 🙂
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Good post I use all of them except the domain flipping which I am gonna get into prob in the near future. Blogging integrated with affiliate marketing and building lists are my main sources of income. Product creation is where the really big money is why do all the hard work yourself? When you can have thousands of affiliates promoting your products for you and amplifying your online income.
"threat your visitors well"…haven't tried that yet. Maybe I'll do some split testing with both threatening and non-threatening landing pages.
Nice catch. I fixed it. Let me know how the split testing works out 😛
I'm on it! I'll be sure to put a contact form on the threatening landing page to see if I can catch some user feedback.
Affiliate marketing is the easiest I guess. Just recruit all the people you know and watch your money grow.
Affiliate Marketing and Product Creation is still the best..Plus of course email marketing…
Offline products or services are also can be good. Although the delivery of those things take long it is somehow personal and is a good one. I like giving date coaching services and I also like the income that I get from it so win win.
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I think affiliate marketing is simple way to earn money but you need huge traffic on your site or blog. Without huge traffic you can't make money so it's a game of how much traffic you receive.
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Guys, I really can appreciate this list. However, these five have been around for years. However, in May of 2011, I am looking for fresh ways to "make Money" online. Do we have to invent them?
Thanks so much for this informative post! I have been trying to find a way to work from home ever since my son was born in 2003 and I just haven’t found the right fit yet. I’ve dabbled in the VA thing and sold a few things on ebay. I am actually now starting a business (in its very early stages), but I would love to write articles for magazines as well.
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Great tips on how to make lots of money.
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I think domain flipping is not an easy way to get cash. But if you are very expert on it, the huge cash will go to your pocket. Anyway, i'd like blogging to get money online.
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Has everyone forgot? You can also make a proper website that integrates the email list with the subscriber list and allow people to sign up for an account. Then sell advertising within that as well as products and services.
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I think Affiliate marketing is the best way to make money online.
But, all we need to know How to generate good and most importantly “Targeted Traffic” to affiliate url.
I think targeted traffic is the only way to success in this business.
CEO & Founder
Affiliate marketing seems the most logical one to try first, but I see creating a product as more rewarding as you have the best control over what you produce.
The idea of domain flipping is really interesting to me. I have always thought it would be kind of cool to flip a house or a car as a side investment, but never a website. Once I learn more about the web I might look into that option!
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There are hundreds, thousands, of ways to make money online, I would avoid categorizing them into "main" ones.
For example, I own two membership websites, both of which do quite well and both of which require very little in the way of maintenance/on-going investment (with the exception of a member gate membership).
In terms of popularity, AdSense also has to be in there…
Unless I'm missing something here affliate is the easiest to put together, but it isn't necessary the easitest to make money. Just my .02 cents…
The only thing I haven't tried is domain flipping! I've dabbled in the other 4 and have had some success but it is much more difficult than I originally thought. It is all starting to turn the corner now but its been a long road – if I was in it for the money only I wouldn't have gotten as far as I have thats for sure!
The best way in my opinion is product creation, if you can find a good niche that you have expert knowledge in then this is a winner for sure, no easy but a winner if you stick at it and create something of value.
The internet is turning into the hundreds of billions of dollars industry and it is honestly the best way to go.
You listed 5 awesome areas to enter into and there are hundreds of success stories about people making lots of money on the internet. It is where the world spends its free time. You just have to be patient and persistent.
These are the ways to earn some money by yourself. But if your are for example work in some seo team, the Net is also your work place.
Steve from mobile application development
Hey, Zac, this is quite a good guest post from Fazal. There are many ways to earn money online, but there is difference in whether someone is earning cents or dollars from it. I think Fazal chosen to write about the right ways to make some more serious money…of course, it all depends of ourselves and the way we are managing, but I think that affiliate marketing and product creation (Fazal's number 1 and 2 on the list) can be the fastest in earning money. Blogging is just for long term dedicated individuals, and the success doesn't come suddenly over there.
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