5 best ways to Make Money Online

Are you currently looking for ways to make money online? Great, you've come to the right place! Perhaps you want to find an additional source of income in order to pay bills? Or are you thinking about changing jobs? Regardless of the reason, there are many different ways on the Internet how to make money online.

How to Make Money Online with a Website or Blog

One of the time-honored ways to make money online is to make money with your own website. You choose a niche, generate traffic, and then use it to sell your product or service.

Sale of advertising space . Sign up with an advertising platform like Google Adsense and sell ad space on your website.

Business card site . Whatever you do, the site is a universal business card for business.

Site with vacancies . A great and relevant idea for the project is your own bulletin board website for employers and job seekers.

Site sale . After all, you can sell your site if it already has an audience and generates some income.

Keep reading to learn about the different ways to make money online with your own website.

1. Sell Your Services

Selling services from your website is one of the fastest ways to make money online.

There are two different approaches to selling services:

Create an educational blog and offer your services

Create a niche blog containing useful information about a particular topic. Let's say you have a health blog and you've built up a fairly large database of email addresses, or you have high volumes of traffic.

You can add a service page to your site and offer health-related coaching, either in person or through tools like Skype.

Create a basic website and post information about your services

This method consists in creating a business card site (the best platform for this type of sites is WordPress) in order to present services to companies and individuals.

Let's say you want to become a freelance writer. To do this, you need to choose a niche and create a website. Then add a few pages to that site that tell people who you are, what services you provide, and some examples of your work.

The next step is to attract potential customers. Write guest posts, participate in podcasts, or engage in cold outreach.

If you want to take your service business to new heights, combine both methods and get great results.

2. Create a job board

Bulletin boards can be quite a lucrative way to make money online.

The process is simple - people looking for specialists in a certain field post job ads on your site, and your visitors apply for these vacancies.

You can monetize your site by either removing the fee for posting jobs or by adding a paid monthly subscription for access to a list of job postings.

Keep in mind that you need decent traffic to do this. The company will not pay to post a job on your site if you are unable to provide qualified candidates.

For example, let's look at the ProBlogger message board . Here, the commission is paid by companies and individuals who want to post vacancies. In turn, anyone can access and apply for a job completely free of charge. Because ProBlogger is a reputable site with a large audience, companies that post their jobs here will get hundreds of responses to each one.

When creating a message board, make sure you have a decent audience that will connect with companies in your space.

3. Sell Your Site

Well, the last way to make money from your site is to sell it!

Depending on the site, this can be quite a lucrative option.

Screenshot of the Empire Flipper Website Page

On average, the sale price of a site is several times higher than the monthly income from it. The amount depends on many factors, but in general you can expect to sell it for 12-30 times more than your monthly passive income.

Among the factors that determine the sale price of the site, it is worth noting the following:

The age of your site;

domain authority;

The amount of traffic on your site;

How much profit does it bring;

Diversification of income;

The stability of your income;

Whether your site grows or stagnates.

If you're wondering how much websites typically sell for, take some time to look at Empire Flipper 's listings .

How to Make Money Online Without a Website

Creating a profitable website is a great long-term investment for those who want to earn passive income online. However, there are other ways to make money online that do not require website development.

4. Publish Books to Kindle

Now is the best time in history to become a writer. If you have always dreamed of writing books, then your dream is much closer than you think. The self-publishing revolution has made it possible for everyone to make a living by writing books.

Screenshot of the Kindle Book Publishing Page on the Amazon Site

Since everyone can now publish, the competition is constantly growing. But perhaps by writing a better book and meeting the expectations of readers, you can increase your chances of success.

When publishing your own books to Kindle, every aspect of the publishing process is under your control. This means that you are responsible for writing, editing, formatting, creating the cover, uploading it to Amazon, describing your book, and promoting it. There are some nuances. Amazon does not yet allow direct publication of books in Russian. Since they do not yet have a way to check the copyright of Russian-language books, the moderators immediately reject such applications. In this case, you should contact trusted intermediaries who will publish the book for you. Or you can translate your creation into English.

Here are some tips to help you advance your success as a self-published author:

Do your market research. Make sure there is a viable book market that is not too competitive but still has readers.

Write the best book and hire a professional editor.

Create a quality book cover and description. These two elements are very important for sales.

Publish your books in a series and set out to dominate that market.

Your success as an author is completely under your control. Write the best book and collect an email list of your potential readers. The better you know your audience, the more you can earn.

5. Email Marketing

Think about how many letters come to your mail every day. Many of them are probably mailing lists that you subscribed to. Some letters you open every day with pleasure, others ... You don’t know how they got to you at all.

Setting up an email digest or newspaper subscription can be a great way to reach your target audience and build a solid foundation for your business. Million dollar companies like theSkimm have been successful with daily emails.

Screenshot of Mailchimp Mailing Service Page

Starting an email newsletter is not difficult at all, especially with tools like ConvertKit (English), Drip (English), MailChimp (English) or Aweber (English).

Here is the process to follow:

Decide what niche you want to fill and define the style of your letters;

Choose an email marketing service ;

Create a simple landing page and drive traffic to this page;

Send regular emails to the list of subscribers.

The goal of your newsletter is to gain the trust of the audience so that your emails are opened with pleasure every day.

When you have a large enough list of people who read your emails, you can choose one of the options for monetizing it:

Selling your own digital products;

Selling an online course;

Recommending partner products to your subscribers;

Sponsorship sale.

this article was written by imran ullah

5 best ways to Make Money Online