9 Practical Ways to Make Money Online
Whether you want to know how to make money online or just how to make some extra money on the side you're in the right place!
As you know, one of the best ways to make money online is to start a blog.
Blogging allows you to express yourself and share your passions, build your professional network, get more exposure and more!
Check out my guide on how to start a blog and start your blog today!
Is It Easy to Make Money Online?
Making a significant amount of income online isn't easy, but if you're intelligent, hard-working and persistent I believe you can make it work!
Some of these methods will help you make some cash fast and will help you pay for immediate expenses like rent, utilities, and groceries.
While others will take a while to build up—but have the potential to transform your financial life forever!
Either way, here are nine practical ways to make money online!
1. Complete Online Surveys
Survey sites like Survey Junkie are popular because they allow you to easily make money from home!
Filling out online surveys is one of the easiest and most laid-back ways of making money online.
You have to be patient to make money with surveys, as they can take some time to complete. Nonetheless, it is still an easy way to make money online.
Survey Junkie is one of the oldest and most established survey sites on the Internet.
Survey Junkie was created back in 2005, giving them over ten years of experience in the survey game.
How Much Money Can I Make With Survey Junkie?
The average survey is going to pay around $1 to $3. It’s not a lot, but it’s on par with what you’ll find at other survey sites.
The main factor that is going to affect your earnings with Survey Junkie is the number of surveys that you get invited to.
Every user is different, and all of them are going to qualify for different surveys. Some people may qualify for ten surveys a week—while others will only qualify for two!
If we assume that you get paid $3 a survey and get invited to five surveys a week—you will make $60 a month with Survey Junkie.
It doesn’t sound like a lot (and it isn’t) but completing online surveys is an easy way to make some extra money online!
How to Make More Money With Surveys
You can increase your survey earnings by signing up to multiple survey websites.
Another survey site I recommend is Swagbucks.
Swagbucks is known to offer a wider range of rewards than other survey sites, in terms of price and content. But, it works much like Survey Junkie.
2. Start a Blog or Website
Starting a blog is a great way to make money online. I enjoy blogging because I get to follow my passion—and help people at the same time!
Visit our how to start a blog article to get started today!
How Do I Make Money With My Blog?
Once you have been blogging for a few months and have built up some traffic, it’s time to start monetizing!
One of the most popular ways to monetize your blog is through display advertising.
Display advertising-income is generally measured by RPM or “Revenue Per 1,000 impressions”. An impression on a site is simply someone viewing a page once.
An RPM of $50 means you earn $50 per 1,000 website views.
How Much Can I Make With Display Advertising?
The amount of income you generate through display advertising will vary from niche to niche, so, it’s important that you do your research before starting your blog!
Display ad earnings vary among advertising networks.
You can expect to earn anywhere from $3 to $30 per 1,000 views through display advertising.
Where Do I Start With Display Advertising?
I recommend that you start with Google AdSense if you'd like to start earning money through display advertising on your blog.
It's easy to get accepted by Google AdSense and you can make a decent amount of money (depending on your traffic numbers).
25,000 monthly sessions and 100,000 monthly page views are required to join Mediavine and Adthrive respectively.
You will typically make between $15-25 per 1,000 views from these premium ad networks!
Visit our how to start a blog article to learn more!
3. Become a Freelancer on Fiverr
Becoming a freelancer on Fiverr is one of the best ways to make money online!
There are even freelancers on Fiverr who make enough money online to pursue it full-time!
What Is Fiverr?
Fiverr is the world’s largest marketplace for digital services—allowing you to view a large selection of freelancers that are offering their services.
Now, this is where you come in.
There are all kinds of freelance jobs that you can complete on Fiverr.
Here are the main categories on the platform:
- Graphics & Design
- Digital Marketing
- Writing & Translation
- Video & Animation
- Music & Audio
- Programming & Tech
Don’t be discouraged by the name “Fiverr.” You can charge more than $US5 for a job or “gig” on Fiverr.
You should offer your first few gigs for a low price. You can start charging significantly more once you have built up a reputation—and become a level one/two seller.
The Fiverr marketplace was originally a way for freelancers to find more clients. And now many people are making a full-time income by offering their services on Fiverr!
If you’d like to learn more about making money on Fiverr visit our How to Make Money On Fiverr article!
4. Sell Your Designs on CafePress
Another way to make money online is to sell designs through CafePress.com.
Founded in 1999, CafePress is arguably the world’s best online gift shop. The designs you will find on CafePress are crowd-sourced from a global community of over two million independent designers.
How Does Selling Work On CafePress?
CafePress is a website that specializes in selling T-shirts, mugs, hoodies, tote bags, and more with various logos.
CafePress has a base price for each product and then you add in your mark-up. When an item sells, you’ll get the mark-up amount.
Also, CafePress will take care of all the billing, shipping, and customer service for you—if you make sales!
How Much Does It Cost to Set Up a CafePress Store?
You basically have two options when it comes to setting up a store on CafePress.
You can either let CafePress take 10% from your royalties each month (up to $10) or you can choose to pre-pay and let them bill your card for your store every month.
This is never more than $6.95 per month depending on how many months you pay in advance.
If you have a passion for design and love selling products, try selling your designs on CafePress!
5. Start an eCommerce Site and Sell Physical Products
E-commerce refers to any kind of online business that involves transactions. But, when I mention eCommerce I am referring to sites that allow you to sell physical products (think Shopify or Amazon FBA).
E-commerce is one of the fastest-growing retail markets—with consumers spending $517.36 billion online with US merchants in 2018—a 15% increase from the previous year!
E-commerce is a fairly simple (not to be confused with easy), yet profitable way to make money online.
5 Steps to Start an E-commerce Site
Starting an E-commerce site can be summarized in five steps:
- Research potential products using Amazon and list 10-20 of your favorite products
- Build your online store with Shopify or Amazon FBA
- Source products using Alibaba
- Set up your payment processor
- Market your store using Facebook and Instagram
And that's it, you're ready to make some money!
Your E-commerce site has the potential to be a passive income machine once you have set up it up and it is well-established!
6. Launch a YouTube Channel
With over 1.9 billion monthly active users and over 30 million daily users, it’s clear to say that there is a demand for YouTube videos.
It's not easy to build a successful YouTube channel, but once your channel is well established the money will roll in—in larger and larger quantities!
How Can I Make Money with YouTube?
The main way that YouTubers make money is through display advertising via Google AdSense.
Your advertising earnings will vary greatly depending on the type of videos you’re making, or your “niche”.
How Much Money Can I Make with YouTube?
It is hard to determine the average amount of money that a YouTuber makes overall as different channels and influencers monetize their channels in different ways.
But I can provide an average earnings figure assuming the channel uses display advertising to generate cash.
The average YouTuber makes $5-8 per 1,000 views with display advertising.
This might not sound like a lot but imagine where you could be after a year of consistently creating videos—with an archive of helpful content that can be found in YouTube search!
If you'd like to learn how much money YouTubers make visit SocialBlade.com. SocialBlade allows you to search for any YouTuber and view an estimated figure of their display advertising earnings!
SocialBlade also lists various stats like the YouTuber's channel views and subscriber growth averages per day.
Other Ways to Make Money With a YouTube Channel
There are other ways to make money with your YouTube channel.
You can also link out to affiliate products (and make a commission in the process) or direct users back to your blog or website!
7. Start a Podcast
A podcast is a digital audio file that is made available on the Internet for people to download and listen to.
Creating and launching a successful podcast can be summarized in the following steps:
- Select a specific topic for your podcast
- Devote the time and effort to make the best podcast possible
- Develop a unique value proposition for advertisers
- Make money with your podcast
- Make money helping others podcast
You may ask “why would someone want to listen to a podcast when they could just watch a video?”
Well, you can listen to podcasts at times when it is impossible to watch a video. For example: while driving, working out at the gym, or while drifting off to sleep.
And some people just prefer to listen to audio and focus on the sound—instead of being distracted by subtitles and other visuals.
How to Make Money With a Podcast
There are plenty of ways to make money with a podcast, as is true for any content marketing platform!
Here are three great ways to monetize a podcast:
- Advertise your own products or services
- Promote other people's products as an affiliate
- Feature guests on your podcast for a fee
As you can see, there is no shortage of ways to make money with a podcast.
While there are plenty of ways to monetize a podcast—it is not easy to do it successfully!
To become a successful podcaster you need to have a great personality and voice, build a community, become skilled at audio clean-up and production—and build an audience on social media.
8. Write and Sell eBooks
Another great way to make money online is to sell eBooks!
What Are eBooks?
eBooks are books, well, technically they are electronic books—hence the name.
They are in a format where they can be delivered or downloaded online.
You can write them yourself, employ writers, use public content or create your eBooks from various sources.
You can cover just about any topic with your eBooks. You are self-publishing your eBook and therefore don't have to confine to the restrictions of the larger publishers!
How Much Can I Make Selling eBooks?
A lot of people are making money online selling eBooks. Learn how Carol made $45k over six years without a lot of effort by selling books.
Also, you can set your own prices when selling your eBooks. And some eBooks sell for $40+, or about double the price of your average paperback book!
How to Sell eBooks
There are lots of ways for you to sell your eBooks.
Two of the most common ways people sell eBooks are through their own website or Kindle Direct Publishing.
Selling eBooks is a pretty passive form of income for most publishers, and all you have to do is check your site every now and then—to ensure everything is running smoothly!
Visit Kindle Direct Publishing to start publishing today!
9. Become an Influencer on Instagram
Have you heard stories of popular Instagrammers that are making six figures and thought “I could do that”?
With an engaged audience comes the potential to generate cash—no matter what platform we're talking about.
You might be surprised to know that you don't need a huge audience to make money on Instagram.
Even having a few thousand highly-engaged Instagram followers could be enough to generate some serious cash.
How to Make Money on Instagram
There are four main ways to make money on Instagram:
- Doing sponsored posts for brands that want to get in front of your audience
- Becoming an affiliate and making a commission selling other brands’ products
- Creating and selling a physical or digital product, or offering a paid service
- Selling licenses for your photography or videos
The great thing about making money on Instagram is that you can pursue more than one of these revenue streams at once.
Essentially, pursing one revenue stream doesn't prevent you from being able to utilize other revenue streams!
And what you may have started as a hobby could potentially become your full-time business!
With the growing trend of online businesses, there are ample opportunities to generate income online.
From small tasks like completing online surveys to starting a blog and brand—there is something for everyone!
What is your favorite way to make money online?