The most effective ways to make money online

There are hundreds of ways to make money online. You can fill out online surveys, search the web and get paid for it, review websites or apps… I could create a long list of methods, that can earn you some extra money. However, in this article we will talk about things that will help you earn way more money than the methods mentioned above. None of them will make you thousands within a first week or a month, but if you are determinted to make money and will NOT give up, you won’t regret for sure.

Blogging

Making money with a blog is possible (whether it’s a hobby blog or a business blog). It’s not a get rich quick ordeal, but if you do it right, you could make enough to support your family and much more. Let’s dive in and see how you can make a profit with your blog.

Monetize with CPC or CPM Ads

One of the most common ways bloggers make money is through placing ads on their site. There are two popular types of ads:

  • CPC Ads: Cost per click ads are usually banners that you place on your website/blog. You get paid each time a reader clicks on the ad.
  • CPM Ads (cost per 1,000 impressions) are ads that pay you a fixed amount of money based on how many people view your ad.

Perhaps the most popular network for placing these types of ads is Google AdSense. With this program, you do not need to be in direct contact with advertisers; you simply place the banner on your site, Google chooses ads relevant to your content, and your viewers click on the ads.

Include Affiliate Links in Your Content

  • An advertiser has a product he wants to sell. He agrees to give you a commission from each sale if the buyer is coming from your site.
  • He gives you a unique link that tracks your affiliate code. That way, he knows when a buyer used your link to make a purchase.
  • You put your affiliate link on your blog. You can do this directly in the content or through banner ads. If a reader clicks on your unique link and buys the product you’ve recommended, you earn a percentage of what he purchased.

You can utilize affiliate marketing through ad networks like Amazon Associates, or you can create private partnerships with advertisers and businesses with an affiliate program.

Email marketing

Email marketing is basically the use of email to promote products/services. But a better email marketing definition is the use of email to develop relationships with potential clients. If you are interested in email marketing, setup email software and create a lead magnet that you can use in your sales funnel. It’s often said that you can expect to earn about 1$ per subscriber per month. Email is the currency of the web, and anybody who is online has an active email address. So when it comes to connecting with your prospects and customers, there’s no channel with a wider reach than email.

Email is the preferred communication channel

For many, social networks are a very personal form of communication used to keep up to date with friends & family. When people log in to their social media accounts, they are there to see photos and updates from people they know and care about. Email on the contrary, is a much more professional medium and people expect to receive information about products and services through that channel.

In fact, studies show 72% people prefer to receive promotional content through email, compared to 17% who prefer social media.

Email is an open platform

Email isn’t owned or controlled by any one particular entity. It’s an open communication platform and there are a multitude of services that provide access to send and receive email. The diverse array of companies involved in email marketing ensures that no one party can make changes that are going to have a widespread effect, and unlike Facebook or Twitter, if you invest the time and money into building a great email list it’s an asset you will own and be able to leverage without the threat of someone limiting its effectiveness.

apps, blur, button

Social media

Even though it’s a relatively new industry, there are already a number of ways to make money with social media. Every major social media outlet has in some way helped users turn their hobby into a business or turn their business into a bigger business. Here are a few common ways how people make money with social media.

Become an affiliate

Becoming an affiliate is a great way to make money on social media without having a large follower count. As an affiliate, you are responsible for promoting a brand or its products on your social channels. This is usually done in the form of an affiliate link. When one of your followers clicks on it and makes a purchase, you earn a commission from it.

 

Combine the methods mentioned above

Matter of fact, these methods work hand in hand really well.
If your blog or website is new, it most likely won’t get a lot of traffic through google search. In this case, social media are perfect to start with. Social media are popular, easy to use and ideal to advertise your website/content without huge investments.
Let’s say the advertising through social media worked well, it brought new visitors to your website and even
boosted your google ranking a little bit. Do you remember the third thing we have talked about? Right, E-mail marketing. It’s the right time to build great email list and connect with your potentional clients.

Looks simple, right? There are many things you need to consider before you start a blog/website/eshop. If you ever want to be successful in whatever you are doing, you have to get through all the obstacles and not give up after the first fail.

Let’s say you want to build a blog. You’ll need to choose your niche, the right name for your blog (which might be difficult for some people), good hosting as well as nice, fast loading and responsive theme. You should learn about SEO (Search Engine Optimization) as much as you can. SEO – this is what will bring the traffic to your website. You may want to learn about keywords too. It is important to choose the right keywords for your posts. Then you need to learn about backlinks, anchor texts and a lot more.

There are many things I would love to talk about… And we will do so in the next article!

 

Below we have the most common online money making method.

apple, business, coffee

Freelancing

A freelancer or freelance worker is a term commonly used for a person who is self-employed and is not necessarily committed to a particular employer long-term.

According to the Freelancers Union, 55 million Americans–35% of the workforce–have freelance careers, with a combined estimated earning of $1 trillion a year. Freelancing is so flexible, you can set your own hours, working full or part-time on the projects of your choice. While clients can offer specifications to the work, a freelancer works similar to an independent contractor, in which he’s free to control how the work is completed.

Further, freelancing allows you to set your own price, which is often higher than what you’d make as an employee doing the same work. The regularity of freelance work can vary. Many freelancers work for the same set of clients over a long period of time. For example, a freelance writer might have a client that requires an article twice a week ongoing. Others work with clients over shorter periods, usually on specific projects. For example, a freelance web designer might build a website for a client and once the site is done, so is the work relationship.

A few advantages of freelancing

  • Choose your own working schedule – work whenever you want.
  • It’s affordable and easy to start – you can start whenever you want to. All you need to do is find your first client. There are many websites that’ll help you with your first step. For example: http://freelancer.com/
  • Choose clients – yeah, you’ll be able to choose the clients you would like to work with. However, in the beginning you’ll (well, you should) take everyone who will hire you.

And obviously, disadvantages

  • You won’t make as much money in the beginning – people usually pay less to a new freelancer. Breaking in with lower costs may be needed, but as quickly as possible, seek to charge what you’re worth and find clients willing to pay for quality.
  • It’ll take some time to build clientele 
  • Your work can be irregular
  • Distractions – working from home can pose many distractions from personal telephone calls to children, family and visitors to the lure of the refrigerator, television, household chores and personal errands. You must be focused, motivated and disciplined.

 

 

 

 

 

Leave a Reply

%d bloggers like this: