Five ways to make money online

Way No 1 - Start A YouTube Channel

Starting a Youtube channel is the simplest way of making money online and needs no investment.

YouTube gets almost 5 billion video views per day which proves its power on the internet.

Felix Kjellberg, the owner of PewDiePie (a YouTube account), has earned 12 million dollars in 2015 by running a single YouTube channel.

You too can see such success if you capitalize on the opportunity that YouTube provides us currently.

Suitable For -

People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.

Skills Required -

Ability to create a video using software tools or record a video using your mobile phone or camcorder. 

Time Required For Starting A YouTube Channel - 

Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos. 

Tips - 

1. Create a YouTube channel around a specific theme such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random unrelated videos channel.

For e.g. If you love gadgets you can create a gadget reviews channel where you can post review videos of the latest gadgets and help people to decide whether it's a right choice for them. 

2. Select a theme in which you're really interested. Analyze other videos related to your topic, see how many views those videos get.

It will help you to get an overview of how many people are interested in your theme.  

3. Generally more the views more beneficial the theme is. As more people are searching for it. 

4. Check out if there’s any missing concept in the currently existing videos related to your theme.

You can cover these concepts in your videos to fetch more views.

5. Give your best to engage with your audience. Study comments people leave on your videos, learn the hidden expectations that your audience has from you.

6. Try to find out what they like about your videos and what they don't. Study which videos get the highest retention rate and find the reasons behind them.

7. Spy on your competitors and try to model the things that are working for them. But never try to copy them, always maintain your uniqueness.

8. Always try to improvise each new video from the last one.

So when you look at your first videos after few years, you should think aww how bad I was earlier.

That's a good sign; it shows that you've improved. 

9. Experiment, experiment and experiment. Never fear to try something new and see how it works.

Experiments are the only way where you can find new and exciting stuff which can catapult you way ahead of your competitors.

10. Finally, try to collaborate with other YouTuber's who are doing similar work.

Learn their strategies and mindset. Working together can do wonders for your channel.

11. Have fun. Do the things that you love and enjoy your life.  

How To Monetize - 

The general rule for monetization in YouTube is very simple. More views your videos get, more money you’ll earn.

You’ll just have to enable the monetize option in your YouTube channel settings.

It's very simple.



Way No 2 - Start A Blog

Being a blogger is one of the easiest ways to earn money from home.

Unlike any other job, if you are blogging from home. You don’t need to work 9-5.

You can work at any time of the day with ease.

But beware blogging takes time before it starts making money for you.

So I suggest you jump into this field slowly.

If you have a day job, don’t quit it. Start part-time with your blog.

Once it is on the stage where it is earning you more than your comfortable limits then it’s the best time to turn into full-time blogging mode. 

Suitable For -

People who love to write and would like to share their knowledge and expertise with the world. 

Skills Required - 

Ability to express knowledge in writing with simpler yet effective way. 

Time Required For Starting A Blog - 

The time required depends upon your level of expertise if you are an expert you can easily start a blog within few hours.

For a complete beginner, a day or two would be sufficient to be ready with the basic setup.

Tips -  

1. Start a blog about something in which you are really good at.

For e.g. If you love travelling and you have travelled a lot of places then start a travel blog.  

2. Always try to limit your blog to a particular domain. Don’t put content about multiple domains in one blog.

For e.g. Writing about recipe tips on a fashion blog.

Keep your blog specific to one domain only.

3. Using your experience and expertise, try to create a very unique and phenomenal content.

4. Try to give a lot of value to your readers. Write about something that will make a difference in your reader's’ life. 

5. Listen to the readers of your blog. Try to solve the problems they are facing. Always reply to their comments. Make them feel better.

6. Be committed to your blog. A blog is like a relationship. Give it some love and it will flourish. Ignore it and it will die a death.

There’s no point in being half-hearted in your blogging efforts - if you don’t care about it, why should anyone else?

7. Think about content, style, tone of voice, audience, etc.

Look at the people who already do what you’re planning to do.  Ask yourself the following questions:

How will I stand out from the crowd?What can I say that hasn’t already been said?What’s my unique selling point?Why do I want to do this?

8. Be professional in the way you handle and grow your blog.

Don’t criticize other brands, bloggers or people. Remember what goes around comes around.

You don’t want something you’ve said to come back and bite you one day.

9. Be open minded and willing to collaborate with other creatives. You’ll meet some fantastic and awe-inspiring people.

How To Monetize -

You can monetize your blog by recommending products or services related to your blog’s topic either by writing an informative article or placing banner ads on your blog’s relevant pages. 

You can earn handsome commissions when a person buys a product recommended by you.

Another way is you can place Google Adsense ads on your blog. More people click on your ads more money you will make.

Way No 3 - Do Affiliate Marketing

What is Affiliate Marketing?

Affiliate marketing is a type of performance-based marketing in which a business rewards a certain percentage of commission for each product bought by the customers who are brought by the affiliate's own marketing efforts.

Suitable For - 

People who love to talk, write, explain and have the ability to persuade.  

Skills Required - 

Ability to promote product online using social media, videos, ads etc. 

Time Required For Starting Affiliate Marketing - 

Virtually within an hour. You just need to select an online product that pays you a commission when you promote and sell it using your affiliate link. 

Tips - 

1. Select an online product from the domain in which you are well conversant with. For example, if you are a dietician then select a product related to diet.

There are lots of products available in every domain you just need to find a domain which is suitable for you.

2. Places to find products: Clickbank.com, Shareasale.com, Jvzoo.com. These websites have thousands of products listed from multiple domains. 

3. Choose a product that pays you at least 50% commission on each sale. 

4. Most product websites handle affiliate link generation and payouts so you don’t need to worry about how you’ll get your commissions.

Just get your custom affiliate link created by the vendor and start promoting it. 

5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit. 

How To Monetize -  

Monetization is simple, just make more people to buy the product through your affiliate link.

Create a Facebook page or Banner ads with the aim of promoting the product.

Tell people how the product will help them to solve their problems. 

Improve people’s knowledge about the domain and help them to solve other related problems.

Way No 4 - Create Niche Websites 

What is Niche Website?

Niche Website is a small website focused on one particular topic which shares all the information relevant to the topic that is both useful and interesting for the target audience.

A niche website can be of few pages or even of hundreds of pages depending upon the size of the niche.

Suitable For - 

1. People who have an interest in a very specific topic within a large domain. 

For e.g. In large a domain like Yoga, you can choose specific sub-domain such as ‘Yoga to lose weight.’ 

2. People who love to talk, write, explain and have the ability to persuade.  

Skills Required - 

1. Ability to create Niche website based on specific sub-domain using Wordpress, Blogger or other available software and tools. 

2. Ability to promote niche website using social media, ads etc. 

Time Required For Starting A Niche Website -

You can start a Niche Website within a day. But creating a good content for the website might take time.

Tips -

1. Write out as many niche site ideas as you can, using the sub-domain that interests you the most.

2. Narrow down your niche idea based on finding the answers to the following questions:

What is the audience size of your niche?Is your audience known for spending money for purchasing the niche related products?Are there multiple products available which you review on your site?Are there affiliate programs that provide more than 50% commissions?What is your investment budget?

3. Create at least 10 articles of rich content containing 1000 words, those articles will provide great value to your niche targeted audience.

4. Sign up for at least 2 affiliate programs that offer products related to your niche with more than 50% commissions.

5. Do keyword research and find at least 15-20 niche relevant search terms and try to rank your site for them.

6. Try to network with the owners of the authority blogs in your niche and find guest blogging opportunities.

How To Monetize - 

Promote the products relevant to the topic of your niche website by placing affiliate links in the content and sidebar of your site.

Try to get more visitors to your site by doing SEO, forum marketing, social media and paid ads.

More people visit your niche site and buy products through your affiliate link, more money you make.

How about creating 10 more Niche Websites with every site generating $500 a month in affiliate commission that would be $5000 of passive income per month.

 

Way No 5 - Publish A Kindle eBook

Publishing an Kindle eBook is another simple way of generating consistent passive income.

Did you know that Amazon.com is the biggest competitor to Google than any other search engine like Yahoo or Bing?

More shoppers try to search a product on Amazon than on any traditional search engine.

When people want in-depth information on a specific topic, they don’t search for blog posts on Google but instead try to find a highly recommended book on Amazon.

Your aim should be to leverage the power of Amazon.com’s growing outreach and popularity to generate a stable passive income source.

Suitable For - 

People who have in-depth knowledge on a certain topic or love to do research and explain it in an easily understood from.

Skills Required - 

1. Ability to provide detailed insights on a particular topic. 

2. Ability to provide some extraordinary tips for solving people’s problems.

Time Required For Creating An eBook -

The time required completely depends on the creator of the eBook. What topics he/she wants to cover? How many details does the creator want to include?

These are the important factors that define the time required.

Tips -

1. Research, research and research. It is the key to successful Kindle eBook product. 

Research about what people are looking for in the domain related to your eBook's topic.

For example, if you are creating an eBook on ‘Yoga exercises to lose weight' look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from a book? 

You can easily conduct this research by studying the comments, reviews and popularity of the existing competitor's books on Amazon.

2. Write for one reader. When you know your ideal reader, you know how much he/she already knows.

You can avoid boring him/her with obvious information, and you can provide exactly the information he/she’s looking for. 

3. Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers.

More questions mean more people are looking for answers and that’s a good sign.  

5. Look out for the market gaps in your selected domain. And see whether there’s demand for some topic, see whether your eBook can cater that demand. 

6. Visit Amazon.com and see how many books are present in your selected domain. Are people buying those books?

This will help you to understand the demand and purchasing ability of the market in your domain.

7. Find a few friendly readers who match your ideal reader profile and give them your first draft.

Not only will they help make your book better, it will also boost your confidence.  

How To Monetize -

Sign up to Kindle Direct Publishing Program, with this you award exclusive distribution rights for your Kindle eBook to Amazon.

This will allow you to sell your eBook in all the countries where Amazon.com is available giving it a massive exposure at launch.

Create a small niche site on the related topic and promote your eBook through it. The more eBooks you sell the more money you make.

 

No comments