The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. It is hard work, especially on your own. You could opt for Amazon's platform, which might be an easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Let’s say I’m an Amazon affiliate for camping gear, and I want to write an exhaustive, in-depth blog post and review of the “50 Best Hiking Backpacks for Adventuring Outdoors.” By running a quick Keyword Planner check on the organic search volume I can see that there’s around 5,500 monthly searches for the keyword ‘hiking backpacks’ alone. I’ll then start with putting together a blog post outline to highlight my unique angle and make sure I’m doing the best possible job of answering reader questions.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
Online focus groups are closely related to online surveys, and in some cases, the same companies administer them. Like in-person focus groups, online focus groups require more time and concentration than online surveys. Configurations vary, but you generally have to join a panel and engage on a certain number of issues per week or month. Online focus groups are often more selective than online surveys – if you don’t meet specific demographic or income criteria, you may not qualify.
You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
A company such as Nielsen Panel pays users who keep their software on their computers 50 dollars per year. Smartphone holders can get rewarded for downloading and installing the MobileXpression for Android app. Users win Amazon gift cards, iPads or television sets. Earning online has been made easy by the wide variety of simple online tasks. Research about any online work to prove its authenticity and mode of payment to avoid scammers.
It works in essentially the same way as the phone apps that were mentioned earlier. If you don’t mind having Google know what you do on a daily basis (anonymously), you can make money by letting them monitor your Internet usage. They use the information they gather to help them market and increase the functionality of their advertising programs when targeting users that are similar to you.
Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products such as poster designs.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
More and more companies and startups especially are embracing remote work—where you use online collaboration and communication tools to do your work from wherever you want. And you don’t have to be a 20-something hotshot designer or coder to reap the benefits of working remotely. Many remote positions are for customer support positions or other customer-facing positions that don’t require specialized skill sets.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.