How To Make Money From The Internet?
For years, I have sought ways to make money online. To find out How To Make Money from The Internet in ways that really work, and are legitimate. For example, like the #1 Recommended Opportunity I have provided here at this website. Before narrowing down to the few that really work, I discovered plenty of programs to create income from the Internet.
In this blog post, I will share with you some of these online money making methods. At the end of this post, I will answer the question of How To Make Money from The Internet, and highlight the ones that I feel truly works well. By the way, this is part of a series of posts under the topic – How to Start and Grow Your Successful Online Business. Check out the entire series to get ideas on how to do exactly that. Now on to today’s article.
You may be asking – why online?
Why the Internet?
Well, most of us spend a lot of our time on the Internet. We search for information, check emails, shop for products, watch videos and engage with friends, family and loved ones on the World Wide Web. So, since most of our time is on the Internet, why not make money from it?
As of 2016, there are 3.4 billion users on the Internet. That statistic alone can indicate to you the immense potential to create an online business for profit or simply do it part time for additional side income.
So what are the ways we can profit from the Internet? It may surprise you, but there are many. In fact, too many for me to list here in a single article. Hence, I have decided to list the better ones here:
- Sell Products on Your Own Online Store
- Sell on Online Marketplaces
- Sell on Classifieds
- Fulfillment By Amazon (FBA)
- Write, Publish and Sell Your EBook
- YouTube Videos
- Got Skill? Go Freelance
- Share Your Knowledge
- Design Apps
- Selling Your Media Creations
- Paid Surveys
Do you like to write? You can consider creating a Blog. It needs to be interesting, and filled with helpful information that people are looking for. Those people are the target audience for that particular niche.
As you create more quality and useful content, you start to gain authority. You build a following. There is a tipping point where things will progress and become much easier. When that happens, you get momentum. That is when money making opportunities happen.
You can start to generate revenue from advertisers, affiliate marketing, AdWords, promoting a product or service, and many other methods. The earning potential is vast. You can generate tens of thousands of dollars to hundreds of thousands of dollars per month.
Truth be told, it is not easy to get there. But it is possible. To be successful, it takes time and a lot of hard work. Also, your writing skill has to appeal to the readers. The most critical factor here is Time. When you look back a year from now, you will wish you started today. I know I did.
Sell Products on Your Own Online Store
Ecommerce is big and getting bigger.
Emarketer Reports that:
“Worldwide Retail Ecommerce Sales Will Reach $1.915 Trillion This Year
Double-digit growth will continue through 2020, when sales will top $4 trillion
In 2016, total retail sales across the globe will reach $22.049 trillion, up 6.0% from the previous year. eMarketer estimates sales will top $27 trillion in 2020, even as annual growth rates slow over the next few years”
You can tap on that phenomenally huge market by building your own online store, and sell your products. It can be done by hiring a web development team, or using Shopify.
Shopify makes it easy to build your own online store. There is minimal hassle. They provide the framework, and you just create it using their tools. There is a cost involved, a monthly subscription fee for their services.
The other thing that will take up your time and effort is to find a product that sells well. This will involve sourcing for it, creating a brand, the logistics to ship it, store it, and fulfill sales order, and of course, the marketing to promote your brand and product.
Needless to say, you will need to spend time, effort and money to market your listing. An Online Marketplace listing is no guarantee that your product will be featured on their website.
Sell on Online Marketplaces
Another approach to sell things online is to leverage on Online Marketplaces. There are many of these, such as eBay, Amazon, Etsy, Qoo10, Lazada, and more.
When you sell on Online Marketplaces, you are do not really have an online store. Your products are listed on their sites. When customers make a purchase, you must fulfill it. The Online Marketplaces get a commission from each sale.
As you can see, this does take a lot of time and effort. This is because you are selling your product, which you need to source or produce. Then there is the cost to store the inventory. And when there is a purchase, you will need to send it to the customer.
For old, used or handcrafted items, you may not need to source or produce (except for those that you personally make). And of course, if it was yours, you already were storing it. The only other time and effort would be to pack it and send it to the customer when sold.
Sell on Classifieds
You can also sell your stuff on Classifieds such as Craigslist, Gumtree, and so on. It is usually free to join, and there are usually no commissions collected from these sites.
One major point of consideration is that most people now search for products on Online Marketplaces or Online Stores more than in Classifieds. I am not saying nobody does it anymore. The number is significantly less.
This method does take less time and effort. I see this more as another avenue to create awareness for your brand and product. And if you do get sales from this option, then good for you.
Fulfillment By Amazon (FBA)
This can be a lucrative online business. You source or create your own product. Then store it at Amazon. Next, create a listing to offer the product to Amazon shoppers. When someone buys, Amazon will pack it and send it to the customer.
Due to the fact that this is your own product, profits are high. The costs are production of product, shipping to Amazon for storage, storage fees by Amazon, any online advertising costs, and the FBA and commission fees.
There is also the time and effort to find products to sell or to design and create your own products. In addition, the time to do administration and managing the logistics. If you do online advertising to promote your product, which you need to do, that will also take up a lot of your time, unless you outsource it.
Write, Publish and Sell Your EBook
Have you ever dreamed of writing your own book and publishing it? To be an author, and see your creations on the bestsellers list? With the Internet, this dream can now come true.
It can be fiction or non fiction as long as your writing skills are good, and people love to read what you produce. For fiction, it is all up to your imagination. For non fiction, books that teach people or help people about technical stuff can sell extremely well.
Once your book is ready, you an self publish it on platforms such as Amazon’s Kindle Direct Publishing or Apple’s iTunes Connect.
Needless to say, it will take a lot of time and effort to create that literary asset of yours. One thing you must note is that this market is saturated. So competition is strong. Yet, when you are successful, it can be a great source of income.
There are people who start a YouTube channel, post videos about themselves or around a topic. And these people are making a lot of money doing that. It was reported that YouTube star PewDiePie was earning $7.4 million in revenue.
For a start, you do not really need to invest in expensive video equipment. Just a video camera or camera with video recording capabilities or you can even use your smartphone to record videos. I have even seen videos with poor quality reach millions of views.
All you need to do is choose the option to monetize your videos. When your videos are viewed, and ads are played, you are on your way to earning money from this source.
How much time and effort is needed depends on how successful you want your channel and videos to be. I have seen people who just upload the videos as it was recorded, and do not make any money.
Then there are people who make a bit of effort such as add background music, edit the video, and create attractive thumbnails. As I said, it was a little bit more effort, and as such the money is a little bit more than nothing.
By now, I think you know where I am going with this. If you treat this as a business, and put in a lot of time, money and effort, you will see good returns.
Got Skill? Go Freelance
The trend towards gig economy is here, and growing. Businesses are looking for people with specific skills that can help their businesses to complete tasks on a part time or freelance basis. If you have any of those skills that are in demand, you can get those jobs and earn money.
Websites like Fiverr, Upwork, ODesk are where you can find these part time or freelance jobs. You will skills such as graphic design, accounting, social media, web development, SEO and so on in demand.
It takes time to be successful and make decent income with this option. You have to build a good reputation, and get great reviews. As time goes by, you will get more jobs and hence more income.
Share Your Knowledge
Your knowledge and your expertise is now in demand. There are various platforms to offer your hard earned experience with others. One of them is to create courses on sites like Udemy and SkillShare.
What you do is to create a curriculum based on a subject that people are eager to learn. For example, it can be a course about SEO and how to use it to Get to First Page on Google.
This approach to make money online is gaining popularity, and as a result there is more competition. But it is still a great source of income if you succeed.
It will require time and effort to think of a topic that people will need, then create the curriculum, and produce the lessons (usually in video format). If there are handouts, you will need to create those, too.
To gain prominence at the start, you will definitely need to do digital marketing to promote your courses, and of course your self as a reputable teacher with good authority.
The advent of mobile devices herald the rise of mobile Apps. And with that, the opportunity to make money.
Create an app and offer it on iTunes for Apple devices and / or Play Store for Android. You generate income by charging for the app, displaying in-app ads, or charging for in-app features and upgrades.
What you need is an idea first. An idea of what service or information the app can offer, and people need. If you know how to develop the app, then you can create it on your own. Or if you don’t have any technical skills, you can hire someone to do it.
The entire process can be a significant undertaking. And when done right, it can be a great source of income for you. It will require a lot of time, money and effort upfront. Also, digital marketing to create awareness.
Selling Your Media Creations
Are you good at photography? Or creating videos, music or illustrations? There are sites, for example Shutterstock or iStockPhoto, where you can either sell these media or get royalties for the use of each photo, video, music or illustration.
Of course, the media must be what people need or are looking for. They must be something they can use for their marketing needs. And this means it will require you to be creative.
In addition, this takes time to build. So, you will need persistence and lots of effort to succeed.
There are companies out there in the World Wide Web who will pay people to take surveys. This is an easy way to make money online. All you have to do is sign up, and take surveys.
Companies like CashbackResearch.com will pay you because they want to get valuable consumer and user data. The downside is that the money earned is not a lot.
But if you already have good full time income or you are a student, and some extra pocket money is nice to have, then this is an all right option. After all, if you are going to spend time on the Internet, why not make some money at the same time, right?
Passive Online Revenue – Final Word
As you can see from all the above options, there are lots of opportunities. Finding reputable sources to generate income is a challenge.
There are unscrupulous Internet Marketers wants to make money from you rather than help you make it. Over the years, I have seen my fair share.
Now, I have also learned that there are legitimate ways on How To Make Money from The Internet. And which are these? They are:
- Blog – Yes! ★ #1 Recommendation ★
- Fulfillment By Amazon (FBA) – Yes!
- Write, Publish and Sell Your EBook – Yes!
- YouTube Videos – Yes!
- Share Your Knowledge – Yes!
- Design Apps – Yes!
- Selling Your Media Creations – Yes!
At the same time, let me elaborate a little further on what I consider as passive income. Passive income is not something where you do nothing from start to finish, and expect to reap lots of money. It is usually not a get rich quick scheme.
As you have read in my explanations above, a lot of them require lots of hard work. Time and effort, and most times some money, are needed. At least in the initial stages. After the groundwork is done, the result is that there is less effort no effort to be made. Then it becomes passive income.
For example, putting up a video on YouTube requires some hard work at the start, such as recording the video, editing it, adding voice over and background music, digital marketing, and so on. But after some time, very little or no effort needs to be put in. The views continue to increase. You get passive income.
If you continually need to put in a lot of time and effort, then it is not truly passive income. Especially if you are exchanging your time and effort for money. And here are some that are not really passive income. They are still considered as a few ways to make money online. But if it is passive income you are after, these are not quite it.
- Sell Products on Your Own Online Store
- Sell on Online Marketplaces
- Sell on Classifieds
- Got Skill? Go Freelance
- Paid Surveys
When you look at the options that I have deemed as truly opportunities to have Passive Online Revenue, you will realize that most of them require authority building. You need to build a brand that people will trust. One that they are willing to spend their money on.
Chances are, you are here to find out what are the options to make money online. Perhaps it is to have extra income to afford a better lifestyle. Perhaps it is to save for rainy days. Whatever you have planned, the idea is to get rich.
I understand. Because that is my dream, too. Consider these options, especially my ★ #1 Recommendation ★. For my wish is your dreams and mine to make money online come true.
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