Different Ways to Make Money Online: Which One is Your Favorite?

Make Money By Selling on Online Marketplaces

There are a lot of things you can do online to make money, however, the best way to build your fortune is by running an ecommerce website. Jeff Bezos became the world's richest man by running an ecommerce website called Amazon. While not everyone can become Jeff Bezos but it is possible for all people to earn from ecommerce. However, this does not mean everyone will become successful. If you want to do ecommerce, you have two options, one you sell from your own online store, and two, you sell through other online marketplaces. For instance, you can create my online store dot com and make money by selling online, or create stores on ebay, amazon, etsy, zazzle, printful, printfy, redbubble, etc. and make money by selling physical or digital products. You might have to spend a lot of money to launch your own online store, but creating your store on third-party ecommerce marketplaces is relatively cheaper, most of the ecommerce stores offer free selling through their platforms, you pay only when you have successfully sold products. What ecommerce option should you choose depends on your interest, time you can give, your skills and expertise, the money you have with you, etc.

Making Money Through Blogging

If you want to blog for money, that's absolutely fine but before you attempt to blog, you need to build up your skills. Language and writing skills are the primary skills required for blogging, but these skills alone will not make you successful. You need SEO skills and your SEO strategies must rank more than 50 percent of your blog content on the number one rank on Google for high traffic keywords. This will ensure that your blog will receive traffic consistently. If you receive a large portion of traffic from search engines, you will have more or less consistent traffic. You also need digital marketing skills. You of course need search traffic but you should not rely on search traffic alone, you also need to work on other traffic sources, such as referral traffic and direct traffic. You can bring referral traffic and direct traffic only through digital marketing. The first requirement to become successful is to have really good traffic. If you don't receive at least 500 daily visits, there is no way you can actually make money from your blog. You also need to bring traffic from higher-tier countries like the US, the UK, Canada, and Australia.

Making Money Through Surveys

Surveys and posting on paid-to-post sites are two common ways to make money online. These are also some of the best ways to make money online when you are just starting out, don’t have any experience working online, or do not have any specialized skills. However, these methods do not come with all benefits, there are also many disadvantages. For example, in order to earn from surveys, you need to be located in high-tier countries possibly on tier 1 and tier 2.  For low-tier countries surveys are not available, even when they are available, you are offered a very low pay rate. I am based in a tier 4 country and I don’t get surveys to participate, even when I get a survey, I have to answer questions for 30 minutes and I don’t get more than 5 cents. As far as posting on paid-to-post sites is concerned, these sites are available globally, and as long as you have language and writing skills you can earn. However, you have to spend long hours posting on these sites (check word requirement on Trendri) and if you have poor language and writing skills, you might not be able to participate on these sites.

Making Money Through Videos

If you have created interesting videos and if you have followed the rules properly (not publish copyrighted content, not publish on illegal topics, etc), getting 1000 subscribers and 4000 hours watch time on youtube is not very difficult. It might take time to grow your channel organically, but you can surely reach the monetization threshold if you are a good video content creator. Once you are approved by youtube, ads will being to appear on your video and you begin to earn. However, a youtube monetization program is not the only method to monetize your youtube channel, you can monetize through a subscription program, for instance, you can ask your viewers to subscribe through Patreon. You can also monetize your youtube channel through sponsorship. Sponsorship means businesses and advertisers will post ads on your videos and you make money. Another way to monetize your youtube channel is through affiliate marketing, you can market affiliate products and provide the links in the description to make money. By the way, you can also earn from youtube monetization without reaching 1k subscribers and 4k hours watch time. All you need to do is publish short videos. Youtube shorts can ern even with zero subscribers as long as you earn views.