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15 ways to make money online
1. 15 ways to make money online
Mohamed Anan
Internet Entrepreneur
Originally posted in
http://valuestartup.com
2. How to make money online? Is one of the most asked question in
the internet world. Surrounded by a lot of hype, myths and
misinformation. This post would illustrate 15 legitimate ways to
make money online.
After creating your profitable online business idea, choosing the right
domain name for your business, building your wordpress website and
equipping it with the best wordpress plugins. It‟s time to explore the
different online money making strategies.
People dream to start an online business for different reasons. Some
want to become the next internet millionaire, some want to create
passive income to aid in their living by working as an online marketer as
a part time job and maybe enjoy the luxury of firing their boss.
But everyone is mutually interested in making money! And unfortunately
the internet is filled with myths, scams and misinformation that made
people think that starting a successful online business and making
money online is not for everybody.
But this is not true. I am one of countless internet entrepreneurs who
are enjoying this luxury and lifestyle. You can too. so I have illustrated
15 different ways to earn money online weather as a full time or a part
time job.
It‟s NOT a get rich quick scheme, it‟s like everything in life. The more
effort and dedication you put it, the merrier the rewards. Trust me. There
is no get rich quick program. There is no forex super bot to win lucrative
deals for you. There is no perfect product in a perfect market where
money is thrown randomly everywhere. Stop dreaming and start
working.
3. Make Money Online By Selling a
Physical Product
I remember when I tried selling mobile phones online
“lucrative market by the way” The cost was too high.
Buying lots of mobile phones in a wholesale price,
leasing a warehouse, and shipping products each day
to meet the deadlines. It was a nightmare.
The profit margins were not that attractive comparing
with the kind of effort spent. So being the productivity
freak of nature that I am. I researched for a solution! I
have found something called Drop-shipping.
Basically they are warehouses owners who gets the
orders through you and takes the responsibility to
deliver the product on time.
That was an awesome discovery!
But I have gone through dozens of Drop-Shippers till
one of them replied and accepted to do business with
me. Being a small merchant they thought I was not
really worth their time.
4. Problem was that the Drop-Shipper was totally reckless! They didn‟t stick to the schedules
and always delivered the products late. Sometimes several days late. Sometime a lot of
mobile phones delivered with scratches due to improper storing and transportations! So my
refund rates went sky high!
No matter how much I tried. They never offered a proper explanation! Spent Months suffering
till I found the world largest database of authentic and reliable Drop-Shippers. World Wide
Brands
They saw a need and capitalized on it. They spent years contacting, interviewing, testing and
screening wholesalers in countless industries and countries. They made my life and a lot of
people lives easier -I talked about that when creating a profitable online business idea,
Remember? Hopefully.
With a very low fee, their full database will be at your service. Every drop-shipper is
authentic, tested and interviewed for you. They are ready to do business and committed to
deliver on time and without a scratch. Or they would be removed from the World Wide
Brands Database which is bringing them a huge amount of business.
If you have a knowledge of a certain product line. Then this profitable online business model
is the right choice for you to start making money online.
How to Start?
Get a proper hosting plan and a free domain name from bluehost
Build a wordpress website with Genesis framework to enhance your security -you don‟t want
to get hacked. It‟s painful- and SEO. They provide a wide range of beautifully designed
themes.
You can always add some functionalities or edit the appearance by hiring a cheap and a
professional web developer via Odesk
Register with World Wide Brands. Brows their categories and choose the wholesaler you like.
Everyone is good and tested and want business.
Contact them and understand how to send the orders to them. Then request a catalogue.
Upload pictures and descriptions to your website, promote it -as we would discuss in the
following posts- and start earning.
5. Make Money Online By Selling a
Digital Product
Audio learning programs. Books and Ebooks.
Ebooks has a 40 Billion Dollars market and it‟s growing rapidly each year. As more people
are preferring the comfort of browsing endless numbers of Ebooks, Pay and download them
instantly.
You can create your own Ebook and sell it. Or you can be an affiliate for an Ebook that you
really like to spread the benefit.
So, What about software?
Clearly. It became an essential part of our lives. From our laptops, smart phones, PCs and
even cars! There are software all over the place. The creativity and technology are moving
rapidly. Exploring what was impossible in the past. And easing the way to simplify the hardest
tasks to be reachable within a click of a button.
If you are a programmer. There is no better time for you. Unleash your creativity. Create
something never done before, Fill a current need, make people‟s lives easier and more
productive Or simply take the best software and make it better. The sky is truly the limit
regarding technology.
If you are not a programmer and you have a good sense of industry defining software and
technology. Be an affiliate! Seriously this is as good as being a programmer. Build a website
and a community around a certain software set. Provide useful content, insights and support.
How to start?
Get the host and the free domain, build a website based on the powerful Genesis framework
and it‟s beautiful themes.
Choose the software you would like to promote. Sign up for an affiliate account. Get your
links and start working.
6. Make Money Online By Selling Your
Services
Are you the go to expert in a certain topic? Do
you have an above average level of
professionalism regarding a certain technology,
system or business model?
If yes. Then this IS your GOLD. 15 Way s to
Make Money Online www.valuestartup.com 2012
Build a website and provide your BEST
CONTENT, some case studies and testimonials.
And ex customers if applicable. Check my hire
me page to get an idea of how to construct yours.
7. Make Money Online By Affiliate
Marketing
have mentioned being an affiliate in a couple of points above. It‟s really
easy as you don‟t have to go through the hardships of creating an
ebook or coding a software or even providing a service. All you have to
do is to sell good services and products.
Pick a niche, search around and ask for recommendations to narrow
your scoop. Choose something and try it out yourself. Become an
expert in that subject or software to support your community and
whoever buys through your affiliate links.
Being a supper affiliate is not easy. It requires work and dedication to
build a solid audience base. And some communication skills to
recommend each product for them and going deep explaining it‟s worth
and benefits.
You may consider adding an incentive for whoever buy from your link.
You may create a downloadable guide that you send to whoever buy
from your affiliate link. Or some tips and tricks to enhance the customer
experience. Or some advanced tactics. Or a better way to use a 15 Way
s to Make Money Online www.valuestartup.com 2012
feature, a certain hack maybe. And You may add some personal
coaching for that service or product.
There are many ways to add an incentive. Research your product and
think thoroughly how you can add even more value to this already
awesome product.
8. Make Money Online By CPA
Networks
This is an advanced form of affiliate marketing. Where you send traffic to a landing page to
do a certain action. Ex. register for a free trial or get a free sample or simply signing for an
email newsletter.
The payment per action is low (About 0.2 : 1 USD per action) considering affiliate payments.
But it‟s easier. Much easier. Who doesn‟t want a free sample or a free trail of something?
People enjoy anything free.
So what is really attractive in the CPA business model while it‟s offering such low profits?
As I said, it‟s an advanced form of affiliate marketing. When an online marketer is controlling
a huge email list and a wide audience in a certain niche. He can send them to the landing
page to do the required action and getting paid a decent amount of money. 15 Way s to Make
Money Online www.valuestartup.com 2012
There is of-course other ways to drive traffic to the CPA offer. By using Search Engine Ads.
Targeting a very specific keyword so people would click on the ad and go to the CPA offer
which hopefully would be attractive enough for them to sign up.
The problem is that you must have a wide experience of Google Ads. To successfully pick the
right keywords to send the right people to the CPA offer. Picking the wrong keyword would
cost you a lot of money unless you evaluate the situation and change it to the second
keyword in the queue.
It‟s the fine art of knowing your niche so well that you know for sure what people type in the
search engine when they are looking to BUY. Hence this is why it‟s called “buying keywords”
Another difference between CPA networks and Affiliate networks is that CPA networks are
much harder to join. Unlike Affiliate networks where you just sign up and write down your
info.
CPA networks will require you to fill an application, then some will schedule a phone or Skype
interview with you to assess your expertise and how can you be an added value to the
network.
Tackle the CPA world when you are really good in Google Ad and/ or serving a wide audience
9. Make Money Online By Displaying
Ads
When mentioning the Ad-Driven online business model people
automatically imagine building a website packed with Google Ads
Advertising spots. You get paid when your website visitors click on one
of the ads.
Some niche websites are earning a good income using Google Adsense
business model. But I think the effort spent far exceeds the income
potential!
The maximum amount I‟ve ever heard of was 2000 USD per month/
Website. But this was not an ordinary website. It was none other than
Pat Flynn„s famous Security Guard Training which is setting comfortably
in the number one spot in Google Search.
Even Pat saw the dangers around relying on Google Adsense as the
primary source of income. So now he is on a mission to diversify his
earnings by building a true authority site.
The better alternative for Google Ads business model. Is selling Ads
space in your website.
Simply build a real powerhouse authority website in your niche. Drive
lots of traffic and enjoy a good Alexa Rank. And advertisers would
contact you asking for Ad Space.
If you want faster results you can always research possible advertisers
in your niche and contact them via email. Maybe ask for a meeting or a
Skype meeting to further illustrate your value for them.
10. If you are in the fitness niche. You can consider
supplements companies a very potential advertise. Fitness
machines, home training systems, Video training systems,
Ebooks, Fat loss products, Healthy Herbs, Healthy
Restaurants and Cafes, Personal trainers and Gyms. All of
them would be more than happy to listen to you and
potentially make some business.
But before attempting to contact them. Make sure it‟s a
relative niche and write down your website statistics Ex.
Unique and recurring visitors, page views, Aexa Rank,
Email list … etc to prove that you are the best choice in
that niche.
Yaro Starak is the best example of the proper usage of this
business model -among many- Advertiser fight for a
chance to be in his famous blog.
By the way Ads takes a huge part in Facebook, LinkedIn
and Google business model. Google revenues are by
BILLIONS due to his immense popularity.
If you have an idea that would engage a big customer
base, then the ad driven online business model would be
very lucrative way to you to earn money online.
11. Make Money Online By Developing a
Unique Software
This is the Era of programmers! and technical
minded businessmen who can spot a trend or a
need and hire the best programmers to build a
unique software to capitalize on this need.
Put your creativity to work and build something
extraordinary.
SEOmoz owns the best SEO platform in the
website
Majestic SEO built the world most integrated
back-link database.
Mint owns the first true financial management
solution for individuals and corporates.
12. Make Money Online Selling Smart
Phone Applications
Smart phones applications specially Iphone and Android are BOOMING! And they will continue to grow for
years to come.
The App Store is accessible via any smart phone where users can download free and premium applications
instantly on their phones.
You can brainstorm a unique and interesting idea for that niche. Then post a job at Odesk and the highly
proficient programmers would code it for you. 15 Way s to Make Money Online www.valuestartup.com 2012
I will cover this online business model more thoroughly in future posts. But as best practises you should
have an interesting, fun and simple idea for this niche market. Post a job in Odesk or Elance and hire a
programmer to code it for you. Don‟t offer too much info while posting the job to guard your idea.
Generally Programmers don‟t have a good imagination. So be sure to draw on paper how would you like
your application to look like. And list the features precisely to properly communicate it with the coder.
You generally want to start with a simple application to get used to the market place.
You have three business models regarding Selling smart phone applications to earn income online.
First you develop a free application and earn a revenue by advertising! Your application would be
downloaded much more when it‟s free -people like free stuff remember- So you can get a good advertising
revenue from this strategy.
Secondly you can develop a premium application and earn passive income online when customers
download your application. It‟s not that easy and require some online marketing to spread the message.
Thirdly you can use the Free-mium business model and this is one of my favourites. You offer a free version
of your application as well as a paid version -or both in the same software and the client can choose which
one to run- As people love to try things before buying this could be highly profitable and successful when
selling smart phone applications.
You can use the Free-mium model differently by offering 14 days -or whatever- trail period. If the customer
enjoyed your application he will very likely purchase the premium one.
13. Make Money Online By Website
Flipping
As you can see in the image above. People
builds website and sell them.
Brand new website get sold based on their
beauty, functionalities and design.
Established website get sold based on their Alexa
Rank, Page Rank, Traffic and profitability.
If you are a talented web developer! You can
build dozens of websites and sell them in flippa. It
would be a numbers game.
If you are a businessman. You can build a
website and grow it for a year or two to reach
respectable numbers in ranking and traffic then
sell it for a much bigger sum of money.
14. Make Money Online By Domain
Flipping
Who said that all the good domain names are
taken? Look at mine -ehem hopefully-
Seriously if you have the patience to go
brainstorm catchy domains names. Then go for it.
Buy it and park it. 15 Way s to Make Money
Online www.valuestartup.com 2012
There are many domain parking services where
you can park your domain then put it in an
auction! Who knows maybe you got a winner on
your hand.
15. Make Money Online As a Freelancer
How many times I‟ve mentioned using Odesk to
outsource your technical and development
needs? A lot I think.
If you have a technical, graphical, design
expertise. Or good at copy-writing, proofreading,
translation, photography or a good assistant. I
assure you, there is someone searching for you.
Sign up for Odesk, Elance or Freelancer. Write
down your expertise and upload a portfolio of
your work -if available- and keep any eye on the
daily offers in the market place. Hundreds of jobs
are posted daily in these websites. You can have
all the work you need and earn a good living too.
16. Make Money Online By Selling Your
Book
Amazon marketplace is the largest and most
trusted book store available today. sign up for a
free account in Createspace it‟s an amazon
service to self publish your book by request.
Write your book, sign up for Create space and
promote your book in as many channels as
possible. Every time a customer purchase your
book. An order is sent to Create Space, they will
print your book and deliver it to you. Best thing is
that they don‟t require exclusivity contract by any
kind. So If a big publishing house noticed your
book and want to publish it. You can stop your
Create Space Account and start working with the
publisher right away.
17. Make Money Online By Webinars
Gone are the days of expensive seminars in a
fancy hotel. Now you can hold a fully booked
webinar where everybody is enjoying the comfort
of their homes!
Use a good webinar system. A free one but ad
driven is Anymeeting So you can set up your
webinar for free!
Choose a topic, build an authority website and
when you reach the desirable level of audience.
Announce your Webinar and invite everyone to
join. At 17 USD it would be much less than any
Seminar available.
Make sure to always deliver great content so they
would be happy to attend your next webinar.
18. Make Money Online By Taking
Surveys
Use with extreme caution. 99% of these
programs are nothing but a scam. Every now and
then you can find an authentic one. 15 Way s to
Make Money Online www.valuestartup.com 2012
Unfortunately the service I always recommended
shut down. So do your own research carefully
and always ask for official papers and documents.
19. That was by far the longest post I‟ve ever written.
I was determined to leave nothing on the table. I
have listed everything I know on how to make
money online.
Do you know other ways to make money online
that I didn‟t list here?
If you enjoyed this post please share and
comment.
Till next time,
-Mohamed