If
you’d claimed it was possible for the average guy on the street
to make
millions of dollars online just
a decade ago, the chances are good you’d have heard nothing but
laughter in response. Today, though, there are countless Internet
millionaires who
turned a great idea into obscene profit, used the power of the web to
promote their offline business or simply worked their butt off to
sell their skills online.
While
it’s unlikely that you’ll ever earn enough to buy
your own private island,
there’s nothing to stop you from using your skills to make a
comfortable living
online.
In fact, while the media would have you believe that online success
stories are limited to just a few lucky, hard working people who
stumbled on a great idea that went on to make millions, the reality
is that there are tens of thousands of people who make a living
exclusively online. Here are just ten ways you can join them.
How To Make Money Online
1. Sell Stock Photography
The
Internet has caused an explosion in the demand for stock photography.
As the number of media and commercial outlets has increased
dramatically with the growth of online media there’s an enormous
need for high quality stock photos.
Yuri
Arcurs is
the man everyone turns to for their stock photo needs. As the world’s
top selling stock photographer he sells an image every 8 seconds, 24
hours a day (that works out to over 4 million images each year).
Arcurs makes millions of dollars each year simply by being the best
at what he does. There are lots of great photographers in the world
and the barrier to entry is as low as ownership of a camera, but
Arcurs has managed to build a reputation online for consistent, high
quality and imaginative images.
If
you’re a professional photographer (or even just a hobbyist) you
should consider the possibilities of selling stock images online.
2. Tweet For Sponsors
SponsoredTweets.com is
an online platform that allows you to make
money on Twitter by
charging sponsors for communicating their advertising messages to
your followers. You set the amount you want to get paid for every
tweet you make, choose a category and select keywords you want to
work with. You then wait for advertisers to contact you and take you
up on your offer, paying you the amount you specified for each tweet
that you make.
All
throughout the process, the tweeter has full control over his or her
account, and may choose the wordings of the tweets, or may choose to
reject the tweet altogether.
3. Blog for Ad Revenues
If,
however, you already have a blog with a devoted following it should
be easy for you to leverage your readers into hard cash. Ad networks
such as Google
AdSense pay big money to
place their ads on your site, and you’ll receive a payment every
time a reader clicks one. While it’s easy to go overboard and fill
every spare pixel, if you place your ads well it’s possible to make
a comfortable income from your site.
One
of the
most successful bloggers around
today is John
Chow,
a Canadian blogger who
makes more than $40,000 a month through ad sales and other revenue
streams. Ironically, his blog is about ways
to make money online.
4. Sell Affiliate Products
If
you have a flair for sales copy you could try your hand at selling
products for affiliates. While many people take the seedy route of
selling diet pills and penis enlargement products, if you want to
keep your conscience clear you’ll find that Amazon runs a very
successful affiliate program that allows you to make money
advertising any of the products for sale on their site. eBay also
have a pretty good affiliate setup, with their top affiliates earning
$1.3 Million a month, WOW!
5. Write an e Book
In
recent years the self-publishing world has exploded online to the
point at which you don’t even have to run your own site in order to
promote a book. Amazon, Barnes & Noble and Kobo are just a few of
the sites on which you could self-publish today, with commission
rates of around 70% available on every sale.
The
number of eBooks
on Amazon reached
8 million last year, and Amazon stated that eBooks are outselling
hard backs 2 to 1, 62% of ebook sales fell into the Thriller and
Mystery genre, so if you feel that you could pull this style of genre
off then you will be in for a good chance of sales.
26
year old self published author, Amanda
Hocking from Minnesota
makes more than $2 Million a year from her ebook sales. Amanda
Hocking’s stories about, trolls, vampires and zombies and
‘supernatural teen romances’ sell for $2.99 or for as little as
$.99.
6. Become a Virtual Assistant
Every
small businessman would love to hire a full time assistant to take
care of the little things, but many simply can’t afford one. Thanks
to the Internet, though, they can now hire part time assistants who
work for a whole host of clients, and all at a much lower cost than a
full time staff member.
If
you work
from home this
may be a perfect opportunity to make a consistent income. Virtual
assistants can earn $20 an hour in return for booking travel tickets,
interacting with clients and dealing with the daily needs of small
businesses.
7. Lease Your Skills
Most
people have at least one skill that carries a market value, though
until now that skill may have been impossible to monetize in
the traditional job market.
Sites
such as 99Designs, Elance, Freelancer and iWriter allow people to
hire out their skills as writers, coders, designers, translators and
lots more on a contract basis. Freelancing sites are a great way to
boost your income in your free time, and with enough motivation and
hard work you could find yourself earning a comfortable full time
income from them.
8. Selling on eBay
eBay
is a great way to turn your unwanted things into a little spending
money, but it isn’t just a place to sell your old Star Wars action
figures. In fact, eBay’s global marketplace can offer a great way
for canny traders to buy and sell their way to profit. By buying
wholesale you can sell anything with a mark up. Even better, if you
have the skills to make things people want to buy you could start
your own home-based craft business, selling to customers around the
world.
Matt
& Amanda Clarkson are
a successful
couple who
so far have managed to make over $8 Million in eBay sales.
9. Become A Mobile App Tester
People
that are rather uncertain of their application development potential
can still make some money
through the usage of iPhone apps.
People
that have the time and desire to test
iPhone apps and
discover bugs can be rewarded payments for their efforts. uTest is
one such application. Individuals that have signed up will also build
some reputation on the basis of the testing they have done so far.
Better
reputation signifies access to more profitable app testing
opportunities.
10. Designing T-Shirts
Finally,
if you have something of an artistic streak you could kick off the
next viral sensation with your own range of funky, arty t-shirts.
Sites such as CafePress allow users to upload their own t-shirt
designs and sell them on
their personal online store.
You
can also contact distributors such
as threadless.com or designbyhumans.com to
release your t-shirt designs to the masses.
If
your designs catch the eye you could be looking at enormous profits
when they take off in a big way.
Conclusion
As
you can see, to make
money online you
don’t have to be particularly skilled with computers. You don’t
need to be know how to build your own website from the ground up, and
you don’t have to be a mogul with millions of dollars to invest in
success. If you have any kind of artistic skills, creativity or
business savvy you can turn it into profit.
In
short, you should understand that the online world is just like real
life. The same opportunities are there for the taking, but instead of
drawing your customers from just your home town you can reach out
with your great ideas to the far reaches of the earth.
So
why not start today?
Reference: Wikipedia /Google/ Blog
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