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Updated 08 December 2020
1. Affiliate Marketing
No doubt, this is one of the best ways to monetize if you are looking for ways to do so, it is not stressful and does not demand much of your time, all you have to do is sign up for some affiliate programs out there that can keep making you some money once people buy or sign up through your links that you share. You can even make a blog post about it and then advertise the page using google ads or facebook ads, so if it is profitable then all you have to do is to increase you ad spend, and that can help increase the amount of money you will make. this is how companies like Forbes, Thepennyhoarder make money online, they spend a lot of money in getting people to their websites and when they sign up through their affiliate links they make money and that can help them spend more money to bring in more people to their websites, this can help them build up their email list which they can market to whenever they choose. These are some sites that have an affiliate program:
You can monetize your skill or outsource it as well, you do not need to have a company to become a freelancer, there are companies that already have a platform where you can post your skills and put a price tag on it so that anybody that needs your help can pay for your services, outsourcing these could be helpful to a freelancer that wants to leverage opportunities and make more money online, the freelancer can outsource they request for his/her services to other freelancers for less money and then keep the profit, a freelancer who has a very good reputation is more likely to get more requests for his/her services and the best way to get it done is to outsource it to other freelancers, instead of employing people which will cost more money. There are some freelance sectors you can monetize:
Writing | Translation
Many blog websites need writers | translators to help them in their articles, and they will pay good money for their services, which is up to $50 an hour, that can be a cool extra income for a freelancer who is just starting and you can charge more or less depending on the gig, bloggers are ready to pay more if they see value in you as a freelancer, so the way you represent yourself and the quality of your work can speak for you.
Customer Service Representative
If you think you can relate to customers in a very welcoming manner, then this could be your freelance job, companies are ready to pay you up to $35 an hour, this are usually sites like amazon, walmart.com, jet.com, these websites would need your help to answer questions the customer has for their products or services, they know that having customer service representatives can help boost sales and instead of just having an FAQ, having someone real that people can chat or talk to can contribute to the growth of the business.
Web | Software | App Developer
Companies Starting out or well established ones can demand for your services if you have exactly what they are looking for, this could be mostly referral based category, whereby for example if someone requests for a software or an app development and you meet their needs, other people can easily find out that you are the one that developed it and that would be more business to you, the amount of money that can be made in this category differs, but there are high potentials of making a lot of money. There are some websites you can post for a freelance job or gig:
Investing is an awesome way to make money, that is how Warren Buffet made his money, The billionaire who is now worth over 80 billion dollars by Forbes and today is admired to be one of the best investors. Some borrowers who come to peer to peer lending sites, may have found it hard to get the money they needed from banks, they do get screened by these peer to peer lending companies to make sure that they can pay back they amount of money borrowed with interest in the agreed lending period, and that is how you make money, if you invest your money and when it gets borrowed you will get a share of the profits, which is up to 9% depends on the investment. There are some peer to peer lending websites you can join:
People have questions that they want to be answered, it could be questions regarding to their marital lives,finance,health,SEO, one of the most common ways people make money online is through consulting as an SEO expert. People pay big bucks to know latest tricks on how they can rank first page on google and that is how the consultant make money, if he/she has the information they will put a price tag on it, which is usually in thousands of dollar, and that can become a very good income stream, because if the consulting works, customers will keep coming back to know more. There are sites like consulting.com which teach people how they can make a lot of money in their consulting niches.
5. Podcasting
If you like to share stories and discuss or talk about your passion then you need to have a podcast, all you need to do is to pour out your heart when you speak and people will listen to you, as long as it is fun and not so boring, people will listen or watch longer and if they find value in what you are sharing they will tell their friends and this could result to more downloads. There are many ways you can monetize a Podcast you can bring users from other podcast platforms to your blog, so that they can listen or watch it right there and that can mean more money to you, if you have adverts or affiliate links on your blog, you can also allow companies to advertise on your podcast, companies like gieco would just want you to talk about how their insurance company can be helpful to your listeners and they will pay you for that promotion depends on the agreement you made with them. There are some podcast platforms you can join:
You must not be a good writer for you to start selling books, if people see value in your books they will buy. J.K. Rowling is not the best writer but she have sold over 500 million books worldwide, all you need is an idea and when you tell your story people will buy it, most books that have sold millions of copies did not sell that much because the book is one of a kind, it is usually because of good marketing, if you can get your books to let say 10,000 book stores or libraries they chance of you selling thousands or even millions of copies is very high regardless if it is a good or a crappy book, when there is so much traffic in front of your book you will make sales and then you can use the money to improve on it. There are websites where you can sell your books:
You must not appear in videos to be able to make money with them, there are people that just edit sport videos and type words into the video and that's all, they upload it and they make money. You can hire someone to make a video, use good keyword,thumbnail and you will attract viewers and when you upload it, the more viewers you bring in the more money you make, because some of these video platforms can allow you to make money from viewers, advertisers pay these platform to put ads in the video that your viewer wants to watch and when they see the ad and click on the link you will make money. Some of the platform that allows you to make money making videos are:
Companies need to grow and if they know what there customers wants that can help them get there faster, there are some sites that allow you to review a website and tell them how it is functioning and how they can improve on it, in order to get more engagement from customers, these companies want you to give your sincere opinion about how their products or services looks and how it could look, they will pay you per review and that can be up to $30 per hour These are some sites that can allow you to test websites and make money:
There are people who make a living selling domain names, people scan the internet looking for two words or even one word domain names that would likely sell for big bucks, sites like PrivateJet.com which sold for $31.180,000 can make people shouting and screaming that they wished they bought it when it was under $100. Sites like Godaddy give people the chance to buy and resale domain names, some people research on what kind of domain names that companies might be looking for and when they buy it they will hold it for months or even years and when a buyer comes for it, then they will sell it for thousands or millions of dollars.
10. Sell Online Courses
If you can teach or have a knowledge that you do not mind passing across, it might look small to you and you might feel people will not pay you good money to learn from you, but it all depends on your presentation, if you present yourself to be valuable, even if it is a simple course you make on how to be a better public speaker for an example, people will pay you to learn, so if you have a knowledge and want to pass it across, why not get paid for it. These sites can help you make and sell your course: