1:- YouTube video
Have you watched a YouTube video lately? Of course you have! This is one of the world’s most popular websites, with more than 2 billion users watching hundreds of millions of hours of video each day. And it’s not all cats doing funny things, by any means.
You can leverage YouTube’s reach to make money online. No, you’re not trying to create a viral video, so to speak, although if it does go worldwide and is seen by millions, that’s a good thing.
Instead, you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content—something engaging that people want to watch. And it works in many, many different niches. It could be a how-to video or a talking-head video on a topic of interest for people in your niche—the sky is the limit.
You make money with ad revenue. Your first step is to create a YouTube account and start uploading videos. Then you enable monetization on your YouTube settings.
Basically, this gives Google the go-ahead to include short AdSense ads with your videos, which you've seen if you’ve watched a YouTube video. When viewers click on those ads, you get paid.
Another opportunity to make money with a YouTube channel is through paid sponsorships. Build a large enough following and companies will be more than happy to pay you to promote or mention their products and services in your videos.
Some tips to create professional-looking videos (no expensive pro equipment needed):
- You can use your smartphone or a simple video camera. But make sure the lighting is good so that everything in your video is clear and easy to see.
- Make sure the audio is clear. You don't want an air conditioning hum, construction noise, or other distractions.
- Use simple editing software like iMovie to put titles at the beginning of the video and to edit out any flubs.
Above all, remember that your videos can be simple and don’t have to be slick. Just provide useful content and be engaging and interesting. Funny helps, too.
And to extend the reach of your videos, be sure to post them on your Facebook business page, Twitter, your blog, and other channels. Let people know you’re in the video business now.
In addition to ad revenue from YouTube videos, you can also use your YouTube channel to drive traffic back to your website, where visitors can read your product reviews, click on the ads on your website, or even get onto your email subscriber list—where you can make multiple sales with your email list.
2 :- Buy products in bulk and sell them online
Many businesses center on the simple concept of importing products in bulk and selling them individually for a profit.
Maybe you recently traveled abroad and came across unique products that aren’t readily available in your market, but that you sense an appetite for. Or maybe you’ve zeroed in on a niche market and know the perfect way to serve it.
Either way, if these products are relatively easy to store and ship, you may have some solid home-based business ideas on your hands.
You can even initially use your home as a showroom to sell locally, giving you the option to expand with additional storage space and employees as you validate your idea and sales start to ramp up. This is how Artemis Design Co. got its start.
3 :- Affiliate marketing
I used to dabble a lot in affiliate marketing back in the early days of IWT. The way it works is a blogger will write a review of something like “My favorite credit cards” and at the bottom they’ll say, “You can sign up for the card here — NOTE: this is an affiliate link.”
So if you click that link and sign up, the credit card company pays the blogger an affiliate commission ranging somewhere from $50 to $75.
There are affiliate programs for anything too — books, weight loss products, what have you.
And it’s great — at first.
When I used affiliates, I only promoted products that I used myself and knew that my readers would value and enjoy.
As soon as I put in an affiliate link on my site, I became ING Direct’s number one affiliate in the world — overnight.
I was making more than $10,000 a month just by putting a link on my site!
However, I soon learned that it wasn’t a great long-term plan. My click-through rates tailed off and I ended up having to spend all this time dealing with advertisers.
At the end, it just wasn’t worth the time so I stopped.
4 :- Start a blog
Blogging has come a long way since its inception. What was once a virtual journal has now turned into a marketing and even monetization tool.
Whether you make money from publishing sponsored posts, hosting third-party ads, or selling your products, a blog is a great online business idea.
The key to starting a successful blog is to focus on building an engaged, loyal audience. When you start with an audience-centric approach, you’ll cultivate a community that trusts you. And when you can earn trust, you can start to drive revenue.
That’s how Mr. Money Mustache started his popular personal finance blog. What began as a movement has turned into a successful business that’s earned national media coverage.
5 :- Teach online classes
If you have a teachable skill, you not only can share that knowledge in forums to get your name out there, you can also turn it into online classes. There’s an audience for just about any desirable skill, whether it’s English as a second language, advanced marketing, or everyday home maintenance hacks.
If I Made is Emily Newman’s home-based business teaching classes to creative professionals. When you teach classes online, not only do you have the flexibility to do it from home, you can also choose to offer live or pre-recorded teaching and training. For example, you might offer the live courses at a premium rate, while customers can purchase the recorded sessions at a discounted price.
That’s what Yegi Saryan, founder of Yegi Beauty, does with her business. After establishing a successful online beauty brand, she turned her talents into passive income. Now, aspiring entrepreneurs can purchase lash classes to kickstart their skills and add it as a service offering in their business. Classes are available both online and in-person.
6) Stock market trading is also a good option to earn money online
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