Medium is an online community where anyone can post articles and essays and get them in front of their audience of millions of monthly readers. While it can be a great place to build your audience for your own blog or find customers for your consulting business, with Medium’s new Partner Program, you can now make money online whenever someone reads your articles. Register for free and you can choose whether your articles are freely available or only readable by those people paying $5/month for a premium Medium membership. You’ll make money based on the amount of people who read and engage with your posts each month.
According to the National Retail Federation (NRF), it's been estimated that retail business will stay on par with a 3.7 percent to 4.2 percent growth rate. However, the NRF expects non-store sales to be anywhere from three to four times that rate of growth. However, even though brick-and-mortar sales still comprise the majority of consumer's spending, it's only expected to grow at roughly 2.8%. Clearly, what's driving much of our present ecommerce growth is the smartphone market.
Hey Luisa, I would first have a look around at what already exists in your industry and how you could differentiate yourself from it. For example, two of my favorite cooking channels on YouTube are Bon Appetit and Binging with Babish. Both of these live off of the personality of their presenters, together with a wide knowledge of food. See what new thing you could bring to the table and make decisions from there. Good luck!
If you’re a website or blog owner, you can sell a portion of your page space to advertisers and earn money passively each time the ads are clicked on by your target audience or visitors to your website. While the actual placing of the ads is completely free, the earning capacity of cost-per-click (CPC) advertising is based on the level of traffic to your site and the cost per click and click-through rate, or CTR. The most popular way to earn money today through advertising clicks is through Google AdSense or similar advertisers.
The other option is to offer white label SEO services to web design agencies. What this means is they handle the web development side of things, and you take care of the search engine optimization work. The perk of this approach is you never have to deal with their clients. Most SEO consultants start here because all the client-finding work is already done. That leaves them to do what they’re best at – ranking sites in Google.
According to Getaround’s estimates, car owners that routinely lend out their car can earn “$1,000s per year actively sharing your parked car”. Considering there is no effort needed by you, it’s a pretty good way to make money. That being said, your car will likely depreciate a bit faster by virtue of lending it out to other people. If you have a big car loan or are underwater on your loan, putting your car on a site like Getaround might not be a great idea.
Disclosure: Please note that some of the links below are affiliate links and at no additional cost to you, I may earn a commission. When you purchase a product using my one of my affiliate links, the company compensates me, which helps me run this blog and keep things like my 25,000 word ultimate guide to starting a blog free of charge to you. Know that I also only recommend products I personally stand behind.
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
This is the best way to boost your earnings, as you have the most leverage at the moment that a company wants you but isn’t sure whether it can get you. Use that to your advantage in negotiations. Another benefit of getting a bump up when you switch jobs is that the percentage boost will be baked into all your future raises, elevating your lifetime earnings. Here’s how to negotiate your salary.
By building an extensive following, this will allow you to gain profit by attracting key advertisers or get commissions by promoting other brand products (think affiliate). Blogging is big business; just ask Heather from Dooce.com. She’s a mom that blogs daily about her children and pets and has successfully turned her daily adventures into a very lucrative business by simply making money blogging. One of my favourite ways to make money from a blog is by creating your own online course.
Start a bed and breakfast. If you live in a popular resort area or own a historic property, a B&B might be the perfect side hustle. Not only can you work at home with this career, but you’ll also score some tax write-offs in the process — although most innkeepers caution that the profession requires a lot of hard work and is more of an attractive lifestyle than a money-making pursuit.
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.
It can take time to build up your personal freelance business. Yet, there is more demand than ever for freelancers. So, if you want to kick start making money online through freelancing you can join one of the top freelance networks, such as Flexjobs, SolidGigs, Contena, Upwork, Fiverr, or PeoplePerHour. Sign up, build your profile, upload some samples of your work and start making extra money by doing small freelance jobs.
If you actually enjoy putting together Ikea furniture or standing in long lines, you may be cut out for doing tasks for others. Websites like TaskRabbit can connect you with people who need help with a variety of things. Moving, cleaning, delivery and being a handyman have the “highest earning potential,” according to the company. Read about how to get started on TaskRabbit.
In our local neighborhood, we’ve seen this service hired out to place signs in people’s yards for announcements or funny pranks. Ha! If you’re out and about on a Sunday you’ll see plenty of people putting put signs for open houses. You’ll probably have a great opportunity for this extra money idea if you can locate a neighborhood where lots of real estate agents or putting out there own signs.
Sign up for a reputable affiliate network: Aside from Amazon, there are dozens of top affiliate programs for bloggers and even large reputable affiliate networks, such as Share-A-Sale, Clickbank, and Skimlinks, that specialize in connecting you with merchants who are looking for affiliates to sell their products. They charge relatively low commission fees for the privilege of connecting you with merchants, and the merchants on these sites tend to offer much higher commission percentages or set dollar amount payouts.
Here’s the best part: Pair your Bank Account with a Varo Savings Account where you’ll earn 2.12% Annual Percentage Yield (APY) with the opportunity to earn up to 2.80% APY on up to $50,000 in savings. To qualify for the 2.80% rate, you’ll need to have payroll or government direct deposits of $1,000 or more and authorize at least five purchases with your Varo debit card each month.
But cutting costs only goes so far. Unless you already make a lot of money and spend like a bon vivant, most people can’t eke out that much more from their budget by decreasing expenses. Plus, the more you retrench, the more your quality of life suffers. (It’s all relative, though — certainly some overspenders could actually improve their lives by tempering their expenditures. Here are 101 ideas for saving money.)
Most people do not claim all of the allowances they are allowed to take, which is why they end up getting a large refund check each spring. Do you regularly get a large refund? Then it may be time for you to file a new W-4 with your human resources department. Your new W-4 should reflect the proper number of withholding allowances you are eligible to take.
It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who’ve done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. Or you can even buy into well-established franchise businesses like Rhea Lana that sell fashionable, affordable kids clothing and get the backing of a proven organization to fuel your online sales. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you’re using one of the best CRMs for small business—and start building your own community!)
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
If you upload photos of yourself, or friends/family with consent, it's worth going for the 'rights managed' licence option – otherwise you'll have little to no control over how your images are used (eg, you could star in an ad for haemorrhoid cream). See Alamy's page on understanding stock image licensing for more on the different types of licences.
If you started university between 1998 and 2012, or since then in Scotland and Northern Ireland, you'll have a Plan 1 student loan. While much is written about whether those with savings should overpay the current English Plan 2 student loans, there's little out there about Plan 1. I wanted to change that, so here's a video explaining how to decide...
You know this one already. You include links to products you are promoting as an affiliate and every time somebody buys the product, you get a commission. With a blog, you can integrate advertising with content to make it even more likely you’ll get the sale. For example, you could do a product review—which is useful content—and then include a link to buy the product under an affiliate link.
That’s where you — the Facebook ads specialist — can come in. If you learn how to effectively run campaigns and generate leads for local small businesses, you can earn anywhere from $1,000 – $2,000 per month per client. You don’t need to have a degree or prior experience in the field to get started, and as your portfolio of clients expands, you can start to up your rates and charge more.
Traditional brick and mortar banks are offering historic low rates on savings accounts. So low that you’re losing money to inflation by keeping funds in them. For example, the national average savings account APY is hovering around 0.09%. The current inflation rate is above 1.2%. If your savings account doesn’t offer more than 1.2% per year, you’re losing money.
Buy and Host Your Domain. Your domain name should be catchy and relevant to your niche. It should also roll off the tongue and sound as similar as possible to your site’s actual name. If the domain isn’t yet registered, you can probably find it on GoDaddy or a comparable domain warehouse for less than $15 per year. Already-registered domains can cost hundreds or thousands of dollars, depending on the quality of the name. Already-built sites can cost tens or hundreds of thousands of dollars, depending on traffic, revenue, and other factors. High-performing domains are out of reach for low-budget flippers.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and grow my blog to over 400,000 monthly readers and $50,000/mo in side income.
Gengo. Gengo is a beginner-friendly platform that covers a range of subjects and project types. Pay tends to be on the low side, but payment is frequent and predictable – it comes via PayPal twice per month. Experienced and prolific translators can become Senior Translators, who command higher pay rates and are responsible for evaluating and editing entry-level translators’ work.
Instead, try scratching for free using an Android app called Lucktastic. (It’s called Lucktastic Match for iOS.) Each day, it releases a new assortment of digital scratch-off tickets. Lucktastic says instant wins range from $1 to $10,000. You can also earn tokens that you can exchange for free gift cards to retailers including Amazon, Walmart, Kohl’s, Sephora and more.