Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
The basic strategy is this: Post interesting content consistently with relevant hashtags. Use a service like Hashtagify for hashtag ideas. Follow users in your niche and engage with their posts. I also know a couple of people who grew their Instagram accounts quickly solely depending on shoutouts from influencers. You can use a service like ShoutCart for that or contact influencers directly (most of them list their email addresses in their bios).
For example, if you buy a $100 suit… perhaps you could rent it out for $25 for the night/weekend and someone locally is interested in just a cheap rental (because they don’t need to own a suit for the one or two times per year they wear one). After four weekends of renting the suit, it’s paid for itself. Now, whenever it’s rented out—you’re profiting for the remaining life of the suit.
One nice thing about Elegant Themes too is that instead of paying for every theme separately you simply pay one yearly subscription fee and then get unlimited access to all of their different themes. So if you intend to set up several different websites and want some solid themes that are guaranteed to be continually updated and worked on these guys are definitely work a look.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial. Follow along with my experiment growing two completely new blogs—one finance blog MoneyTalk and one called SmartWP about WordPress, into additional revenue streams for my business.
The webinars are good, and it's nice that you can ask any question you want. However, they are not very organized. I listened to one from August, which was just an audio recording with a bunch of random questions. I think if they had a weekly topic that was focused on a portion of building an online business, then it would be easier to search through the topics to find things that interest you. How are we supposed to take advantage of these webinar recordings when they are all just random topics from the entire world of online marketing?
Affiliate marketing makes it easier to scale because you're latching onto other metrics outside your own sphere of influence. Once you've found the product or service you can believe in, it's easy to promote that to people worldwide via the Internet. Furthermore, it leads you to ancillary products and services that might provide additional affiliate opportunities.
It can take time to build up your personal freelance business. Yet, there is more demand than ever for freelancers. So, if you want to kick start making money online through freelancing you can join one of the top freelance networks, such as Flexjobs, SolidGigs, Contena, Upwork, Fiverr, or PeoplePerHour. Sign up, build your profile, upload some samples of your work and start making extra money by doing small freelance jobs.
Understand how a niche website works. A niche website focuses on very targeted, specific information. The content must be specific, useful and interesting to your target audience. Successful niche websites get anywhere from 1,000 to 10,000 visitors per month. You build content on a particular keyword, and you make passive income with Google Adsense or through affiliate links.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
Once you’ve gathered a list, put together a template outreach email (as you’ll be doing this over and over) that’s short and clear with expectations. Tell your potential interviewee who you are, what your podcast is about, and what you’re asking of them. Do a few test interviews with friends and family to make sure everything is being recorded at the quality you want and then book your first episode.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Tutor students. Many families prefer the flexibility of using an online tutor. Depending on your background, you could be simply helping a child with homework or providing college-level support. You need to have your own computer and high speed internet. Experience required differs among companies. Some require “strong experience,” while others require a specific educational background. However, most companies do require a college degree.