Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the chance you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Medium is an online community where anyone can post articles and essays and get them in front of their audience of millions of monthly readers. While it can be a great place to build your audience for your own blog or find customers for your consulting business, with Medium’s new Partner Program, you can now make money online whenever someone reads your articles. Register for free and you can choose whether your articles are freely available or only readable by those people paying $5/month for a premium Medium membership. You’ll make money based on the amount of people who read and engage with your posts each month.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time online personal trainer can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out a few of the top fitness blogs and observe how they make money online from their content sponsorships, affiliate earnings and product sales.
27. Sponsored/paid posts – Many blogs publish sponsored and paid posts. Sponsored posts are basically just posts about a specific brand, product or service. A company will pay you to publish an article about it. It’s similar with other paid posts as well. Your basically selling the spot for the article on your site. If you decide to take this route, you’ll want to build your traffic before you will get many offers.
The sales flow will go something like … A search is made that brings a user to your content or an ad brings visitors to your content. The visitor reads the article and is impressed – they subscribe to get the free offer – you get their email. You email them the free offer and thank them. A couple of days later, you send them another valuable piece of content. Then after a few more emails, they get the offer. At this point, you have hopefully built up authority and trust. You have earned the right to ask for the order. You send them the affiliate offer and follow up emails.
If you have a budget and are willing to pay for traffic, you might want to explore investing in Facebook Ads, Google Adwords, Bing Ads or any of the other networks you can buy traffic from. Their first advantage is a double-edged sword. You can literally start receiving traffic within minutes from starting a campaign. But once you stop running the campaign, the “traffic tap” stops.
Find work. When you first start out, you may have to accept work writing about a topic you don’t find all that interesting. You must keep an open mind and be willing to accept work that may not be in your desired field. However, as you continue to write, you not only learn about more topics, but you also build your reputation. With time, you can be choosier about assignments you want to accept.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
If you’ve never used a video editing software before it might seem daunting at first but most people who edit videos taught themselves. It isn’t that difficult. And if you really want to learn a new skill that’s going to give you a bit of a competitive edge then I seriously recommend giving it a shot. Video is just getting bigger and bigger and a lot of people who don’t like reading articles LOVE videos.
Video is growing like crazy. And more and more people are looking for professional help cutting their raw footage into viral-worthy content. If you have the right software and a bit of skill, you can easily make money online as a video editor. Check out these article of Fstoppers on how to become an online video editor and then look for relevant jobs on Mandy.com, Creative Cow Job Search, or ProductionHub.
If you’re the vendor, then you create your own product and set it up using Clickbank’s system. They then list your product in their marketplace so that tens of thousands of affiliates can see you. They handle the tracking using unique tracking links and cookies so they know exactly where the sale came from and credit the referring account accordingly.
If you're ready to enter the ecommerce fray, you could sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account like ones offered by Stripe or PayPal. Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.
The product they are trying to sell is a landing page building software. It's pretty pricey at $600. I mean, why should I pay $600 for this when I could buy the most popular page builder for WordPress — Thrive Architect for $67. Thrive Architect is an extremely popular landing page builder from a company dedicated to their product (not just a side project!). It integrates with WordPress as a plugin, meaning you can host your website ANYWHERE.
Learn then selling guidelines. Each marketplace has guidelines that define what you can and cannot sell. State and federal laws also impact what items are prohibited. In general, you cannot sell alcohol, weapons, service contracts, animals or event tickets. Also, while not always prohibited, you may find restrictions on how you can sell items in some categories, such as art, gift cards and coupons. eBay, Craigslist and Amazon publish these guidelines on their websites.
If you have a fondness and talent for taking pictures you can make extra money online by becoming a stock photographer and selling your images to a stock photo company like ShutterStock or iStockPhoto. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.