How to Make Money Online for Dummies

By | September 19, 2018

How to Make Money Online for Dummies

 

The Internet holds a lot of potential for saving money. For instance, there are websites like Giving Assistant that help you to find deals and earn cash back when you shop. That isn’t all the Internet is good for, though… You can also use the Internet to earn money.

 

There are plenty of ways you can make an extra dime with just your laptop and a little extra time. Even if you aren’t sure where to go or what to do, you might be surprised at just how easy it is to learn. If you need help, don’t worry… Here’s our guide on how to make money online for dummies!

 

Take Online Surveys

 

There are plenty of companies that are looking for feedback on existing and new products. Research companies are also always looking for information on topics such as the shopping habits of those in the market.

 

So, it only makes sense that you should capitalize on this need. It isn’t enough to pull in a salary on its own but when you need a little extra cash, you could always try taking online surveys for compensation. This is an easy thing that you can do in your free time, too. It doesn’t require set hours or a lot of commitment.

 

Run a Blog or Website

 

If you are interested in something a little more dedicated, consider starting your own blog. This will allow you to express yourself, do something you love, and make money. What could be better than that?

 

Simply writing blog posts won’t earn you revenue, though. A big part of this comes from adsense. Have you ever noticed banner ads on a web page? Those companies are paying money to have those ads placed there, and the website owners are making money off them. It’s the same idea of a business making money from renting a billboard on the side of the highway.

 

Some bloggers also allow other writers and website owners to promote their content or supply “guest posts” for their blogs. In many cases, this form of advertising comes with a cost, similar to traditional banner ads. This is another way for blog owners to profit from their success.

 

Blogs can also use a technique called affiliate marketing. With affiliate marketing, a blog or person teams up with a company or brand to sell a product or item. The blogger would mention the product and use a special affiliate link to send readers to the company or brand’s website. When someone buys the product in question with your specific link, you would earn a small profit, usually a percentage of sale.

 

The important part of this to consider is popularity. Your blog has to popular in order to make money. You can’t start a blog today and expect it to make a steady income tomorrow.

 

If you are looking for fast cash, surveys might be the better option. Running a blog can and will make you money, but requires a long-term strategy and plan, much like running a small business.

 

Sell Your Personal Projects

 

The Internet is also a great place to sell your talent. Starting a blog is one avenue, but there are plenty of other opportunities to make money online, regardless of your talents.

 

If you want to go above and beyond writing posts online but you still want to remain in that wheelhouse, you could always try your hand at writing e-books. The process is rather simple and allows you to write a book, post it online, and make a percentage of e-book sales.

 

You could also sell the things you create. For instance, if you are skilled at knitting, you could start a store through an online platform to sell blankets or clothing. There are plenty of people who are interested and willing to purchase high-quality, handmade items online.

 

For all of these ideas, you need to keep in mind that you will need to steadily build a following if you want to sell your skills. The downside of the Internet is that competition is fierce. You will have to work hard to make yourself stand out if you want to succeed.

 

Become a Consultant or Use Your Skills to Train

 

If you are an expert in a field and want to profit off your knowledge, you could become a consultant. As a consultant, you would use the knowledge you have to help others online for a fee.  

 

For example, if you went to school for accounting, you can sell your services to people online if they are looking for related services.

 

If you are particularly skilled in a field, you can also hold educational and training sessions via webinars. When done correctly, these can be even more profitable than traditional consulting.

 

As with many of the things that we’ve gone over in this list, you will need to have a strong online presence to make a serious profit. This usually means that you need to create a website and garner a following and presence to continue attracting clientele and earning money.

 

In the past, these are the skills that you would hire someone to work at your company to do. However, since the dawn of the Internet, these jobs are now outsourced.

 

Even if you aren’t an “expert” in your field, you can still use your knowledge. You could always use your expertise to tutor students in your specialized field. This is a great option because it doesn’t require you to have a degree in your field, just a solid understanding and successful track record. Prospective students are usually willing to pay to benefit their education.

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