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How to Make Money Online (Realistic & Tested Methods)

DIGITAL MARKETING

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If you’re searching for ways to make money online, you most probably come across advice like taking online surveys, becoming a mystery shopper, selling your used clothes, and other ineffective options, to say the least.

The thing is, most of these methods are a complete waste of the most important asset you have: your time.

This post is different. What you’ll read below are realistic ways to earn money on the Internet.

None of them is in the category of get-rich-quick schemes, and all of them require a lot of work, skills, and patience. But they are tried, tested, and proven to work.

So, if you want to explore methods to make a full or part-time income, this post will give you ideas and inspiration to get started.

10 Top Effective Ways to Make Money Online

  1. Build, Grow, and Monetize a Blog
  2. Earn From Affiliate Marketing
  3. Create and Sell Online Courses
  4. Become an SEO Services Provider
  5. Start a Digital Marketing Agency
  6. Become a Social Media Marketing Consultant
  7. Make Money With a YouTube Channel
  8. Make a Profit by Running Facebook Ads
  9. Do Freelance Work
  10. Create and Sell eBooks

1. Build, Grow, and Monetize a Blog

Build, Grow, and Monetize a Blog
Build, Grow, and Monetize a Blog

One of the most common methods for making money online is blogging. The idea has been around for years, and the concept is simple:

  • Build a website or blog
  • Grow your traffic
  • Make money by selling ads, earn from affiliate commissions, or sell your own products and services.

How Does it Work?

For starters, you need to have a self-hosted website. In other words, you must buy a domain, sign up for hosting, and set up your blog.

That’s the easy part, even for beginners. Many online guides will show you step-by-step how to start a website.

The next step is to decide what you’ll blog about, and this is where things get tricker.

When choosing your website’s niche or topics, you need to select topics that meet this criteria:

  • Big audience – enough people are interested in the topics and search for them on Google.
  • Search intent – the search queries are not purely informational but have a commercial or transactional nature.
  • Products or Services to sell – there are products and services available that people buy.

The third step is to build traffic to your blog. It’s the most challenging part, considering that there are more than 1 billion blogs on the Internet today.

The most valuable form of traffic is targeted traffic. This is the traffic from search engines with a commercial or transaction intent.

The way to build targeted traffic is through a carefully planned SEO strategy and content marketing.

Once you get a considerable amount of organic traffic to your blog (at least 300 users per day), you can monetize your content in different ways.

The easiest method is to sign up for an ad network like Google Adsense and place ads on your website.

Other methods include affiliate marketing and selling your own products, as we’ll see later in the article.

Don’t worry if this is confusing. Our detailed guide below will teach you how to go through the process step-by-step.

  • How to Start a Blog and Make Money

2. Earn From Affiliate Marketing

Earn From Affiliate Marketing
Earn From Affiliate Marketing

Affiliate marketing is the process of making money by selling other’s company’s products and services and making a commission for each sale.

The process is similar to blogging, but the main difference is that you may earn money through YouTube, Instagram, TikTok, or other channels instead of having a blog.

How Does it Work?

While there are many ways to make money with affiliate marketing, the most common model is the following:

  • Build an online audience
  • Add affiliate links to your online platforms
  • The customer clicks a link and makes a purchase
  • The affiliate earns a commission

You must build a community around your brand for this model to work. Through your content, you first need to gain user’s trust and promote products or services that your audience will find helpful.

To gain user’s trust, you’ll have to demonstrate experience and expertise around a topic.

For example, if you build a YouTube channel dedicated to reviewing printers, it would be much easier to make affiliate commissions from promoting a particular printer model than doing the same promotion on a channel about cosmetics.

For influencers with millions of followers, it’s easy to promote any product and make money, but for non-influencers, the best approach is to:

  • Use your knowledge about a niche
  • Deliver high-quality, valuable content to your audience
  • Gain their trust
  • And then monetize your influence

If you want to start with affiliate marketing, our comprehensive guide will take you through the process step-by-step.

  • How to Make Money With Affiliate Marketing

3. Create and Sell Online Courses

Create and Sell Online Courses
Create and Sell Online Courses

Another popular way to earn money online is through online courses. People are constantly looking for ways to build new skills, and they often turn to online academies to follow a course and get a certification for their CV.

How Does it Work?

The process has three steps.

  • Choose a course topic
  • Create a useful course
  • Sell your course on your website
  • Publish your course on online learning platforms

When choosing a course topic, you need to ensure that there is high demand for it. Investing in topics that are low in demand will dramatically decrease the amount you can make selling your courses.

It’s better to go after popular topics even if they are too competitive. You can find your unique selling point and differentiate your course contents and pricing to make your offer attractive to potential buyers.

Performing keyword research, market research, and competitor analysis are the best ways to choose good course topics.

Once you decide on the topic, the next step is to figure out what your course will cover.  A successful course helps people build new skills, solve problems, or learn something new.

The final step is to use digital marketing techniques to market your course and start making sales.

You can sell your course on your website if you have an existing audience. If you’re starting now, you can utilize popular learning platforms like Udemy and SkillShare to reach a huge number of people actively looking for courses.

We’ve been selling courses successfully for years and shared our experiences and lessons learned in the following guide.

  • How to Make Money Selling Online Courses

4. Become an SEO Services Provider

Become an SEO Services Provider
Become an SEO Services Provider

Another popular way to make an income online is to become a service provider, particularly an SEO services provider.

How Does it Work?

To be able to provide any service and get paid for it, you need to:

  • Build the necessary skills
  • Find potential clients
  • Convince clients that you’re the right person for the job
  • Deliver good results

The first part is the easiest. You can build your SEO skills by following SEO courses and certifications and through much practice.

The second part is more complicated. There are two ways to find potential clients for SEO services.

The first is monitoring related job postings on popular job sites such as Upwork, PeoplePerHour, and Fiveer. It’s a time-consuming process, but it works. There are hundreds of open SEO jobs you can apply for for any skill level and expertise.

To secure some projects, you need to reply to job applications fast and convince clients, through a carefully designed pitch, that you’re the right person for the job.

The second part is creating an SEO blog, ranking your content on Google, and selling services directly to people who contact you.

To make this a reliable source of income, you must deliver good results. If you’re confident that you know SEO and manage to help a few clients and get good reviews, everything else becomes easier.

For all the details, read our dedicated guide on becoming an SEO provider and earning a good income online with SEO.

  • How to Make Money With SEO

5. Start a Digital Marketing Agency

Start a Digital Marketing Agency
Start a Digital Marketing Agency

Similar to offering SEO services, you can expand your skillset (or team) and start offering a range of digital marketing services to clients and eventually start a digital marketing agency.

The process is a bit more complicated since you may have to hire people to create a digital marketing team, and you’ll also have to establish a business identity for tax purposes.

How Does it Work?

Here is a simplified view of how the process looks like:

  • Build a digital marketing team
  • Register your business
  • Decide what services to offer
  • Setup a process for finding clients
  • Deliver exceptional results

Basically, what differentiates this kind of business from other service-based businesses is that you can carry your operations 100% online without having a physical presence or specific location.

You can work remotely and provide digital marketing services to clients in any country.

As a result, your costs are lower, and your potential pool of clients is unlimited. It’s the same model we’ve been using for more than a decade, and it’s a great way to make a stable income.

For more information on how to set up a team and business, choose what services to offer, how much to charge for your services, and other critical details, read our guide below.

  • How to Make Money With Digital Marketing

6. Become a Social Media Marketing Consultant

Become a Social Media Marketing Consultant
Become a Social Media Marketing Consultant

If you like working with social media networks and you want to make a living out of it, you can become a social media marketing consultant.

How Does it Work?

Offering consulting services is a bit different than being a service provider. A consultant is responsible for designing a strategy and not necessarily doing the implementation.

Here is a quick overview of how offering consulting services works:

  • Build social media marketing skills
  • Gain extensive experience working with social media marketing campaigns
  • Build success stories and case studies
  • Find clients to provide consulting services

Consultants can potentially make a lot of money from their services, but to get to that point, you first need to build your social media marketing skills.

Next, you need to gain work experience. A consultant is an experienced professional, and this can only be achieved by working for several years in the field and in different projects.

To persuade companies to hire you for consulting work, you need to have a good portfolio together with success stories and case studies to share with potential clients.

Big companies usually hire consultants; to convince them that you’re the right person to craft their strategy, you need to prove your expertise.

It’s a lot of work but an exciting way to make a good living online. Consultants can work remotely without having an office or be physically in a particular location.

We created a detailed guide outlining the process from start to finish.

  • How to Start a Social Media Marketing Agency

7. Make Money With a YouTube Channel

Make Money With a YouTube Channel
Make Money With a YouTube Channel

One of the most popular ways of making money online for millennials and Generation Z is YouTube.

YouTube is the second largest search engine, with a massive audience constantly looking to learn something or build new skills, making it an excellent monetization channel.

How Does it Work?

Here is how you can make money by becoming a YouTube creator:

  • Start a YouTube Channel
  • Decide on your channel’s theme
  • Publish high-quality videos on searchable topics
  • Publish new content consistently
  • Grow your subscriber base and video views
  • Monetize your videos with ads, affiliate marketing, and sponsorships

The most important step of the process is to come up with a channel theme that can be potentially monetized.

Here is an example of what this means. If you create a channel demonstrating your dance skills, it would be extremely hard to monetize with success. Unless you manage to build thousands of followers, the money you can make from YouTube ads will not be worth your time.

If, on the other hand, you create a channel around a particular niche with videos that help people solve a problem, carry out a task, or learn something, your chances of getting more money from ads, commissions from affiliate marketing, and sponsorships are much more significant.

So, while the idea of earning from YouTube is great, do your research and create a solid plan before spending your time creating video content.

The good news is that our guide on YouTube will help you go through the process one step at a time. It also includes examples of niches that are proven to be profitable for YouTube creators.

  • How to Make Money on YouTube

8. Make a Profit by Running Facebook Ads

Make a Profit by Running Facebook Ads
Make a Profit by Running Facebook Ads

A less popular but still good way to make a profit online is by utilizing Facebook ads.

Simply put, this means selling products or services through Facebook so that the advertising costs and cost of goods are less than the sales, generating a profit.

How Does it Work?

Here are the steps of the process:

  • Become a Facebook Ads expert
  • Find products with a high profit margin
  • Run Facebook ad campaigns
  • Measure and optimize campaigns

Becoming a Facebook ads expert is not the difficult part of the process.

The decisive factors for running profitable Facebook campaigns are the products and your ability to optimize the ROI from the campaigns.

The products you choose to promote via Facebook Ads need to have a high-profit margin. We’ve been running Facebook ads for years, and that’s a golden rule.

If your margins are low, Facebook is not the right platform for your products.

If your margins are high (above 50%), you can get a positive return from your Facebook ads investment with the right strategy and optimization techniques.

So, if you like the idea and want to give this a try, empower yourself with lots of patience and follow the instructions in our comprehensive guide.

  • How to Make Money Running Facebook Ads

9. Do Freelance Work

Do Freelance Work
Do Freelance Work

Besides what is mentioned above, there are several opportunities to work as a freelancer online and get paid for it.

How Does it Work?

Freelancing can have different forms, but in general, the process is the following:

  • Choose your niche
  • Decide what services to offer
  • Advertise your services
  • Do the work and get paid

Here are a few examples of freelance jobs that are high in demand and proven to be profitable.

  • Online tutoring
  • Content writing
  • Graphic design
  • Web development
  • Translation services
  • Virtual Assistant
  • Excel experts
  • Voice actors
  • Video editing
  • Animators
  • Image editing
  • Data entry

The list is literally endless; just visit Fiverr and Upwork and look for their most popular gigs. You’ll get a good idea of freelancer opportunities and how much you can make.

Before deciding on the niche and what services to offer, make sure that the money you can make is worth your time.

For example, getting a few dollars for an hour on data entry is not a good use of your time.

There are freelance jobs you can do that can make you substantially more money. Currently, jobs related to SEO, writing, and digital marketing are among the most profitable for freelancers.

Read our guides below to get an estimate on how much you can get paid for those jobs.

  • How to Become a Freelance Digital Marketer
  • How to Become an SEO Freelancer
  • How to Become a Freelance Writer

10. Create and Sell eBooks

Create and Sell eBooks
Create and Sell eBooks

Before creating our online digital marketing courses, we sold eBooks on Amazon and our website.

eBooks and Kindle books are easy to sell, and there is an existing audience for them on Amazon.

If you decide to create and sell eBooks online, we recommend going directly with the option of publishing your eBook as a Kindle book on Amazon.

It’s more cost-effective, and once you do some promotion, you can generate a nice passive income from the sales.

How Does it Work?

  • Choose a topic for your eBook
  • Search for similar eBooks on Amazon
  • Create and publish your ebook
  • Promote it on social media networks and Amazon

Everything that you have read so far about choosing a topic and creating something different from what is already available also applies to Kindle books.

What you need to pay special attention to is how to promote your ebook. Besides creating a community on social media networks and letting people know about it, you need to work on getting positive reviews on Amazon.

Product reviews play a significant role on Amazon, and you need to have a system in place to contact existing customers and give them some form of incentive for leaving a review.

To get started with publishing your first ebook, read this guide.

  • How to Publish a Kindle Book on Amazon

Conclusion

Thousands of people work online either full-time or as a side hustle and make money.

If you’re a beginner and want to learn how it works and which methods are more efficient, you first need to stay away from money scams or programs that promise results overnight or offer shortcuts to richness.

Instead, allocate your time and energy to proven and tested ways to work, like the ones explained in this guide.

To enhance your learning on how to earn money online, you can view our guide on the best training resources available in the market today.

  • Best Make Money Online Courses

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