Before I get in, just keep these 3 things in mind:
- Look for Profitability – Make more money than you spend
- Look for Passive Income – Something that pays you month on month consistently.
- Align with Your Passion – It should be something which is in line your PASSIONS in life.
Best Way To Make Money Online Options
1. Freelance writing
There is huge demand for content writers. Just sign up with eLance.com or Guru.com or oDesk.com as a freelance writer. You can start getting jobs from other people who are looking for content. The best way to make money online by freelancing is by becoming an expert in specific niches. Makes it easier for people to hire you.
2. Sell stock music
If you have a laptop and a keyboard, you can start making music on software such as Fruityloops, Reason, Cubase or Logic Pro. Make tracks from 30 secs – 10 mins duration and post on Audiojungle. They pay you anywhere between 20% to 40% commissions based on the track quality and duration. This is the best way to make money online for computer music producers.
Setup your own self-hosted blog (not on blogger or blogspot) and start writing reviews, useful information and tips. The best part about blogging is that if you’re consistent, you can start dominating search engines in 3-4 months. I would say that this is the best way to make money online if you love to express yourself freely.
4. Fiverr Gigs
Fivver.com is huge.. period! It’s called Fivver because everything there costs $5. If you’ve got talent (anything), there are many people looking for your services. The best way to make money online using Fiverr is to identify your skills and start off with a gig. I’ve read about people who make some insane amounts of cash on Fiverr. Worth checking out.
5. Sell stock images
This is the best way to make money online consistently for graphic designers and photographers. iStockPhoto and ShutterStock are the big two players out there. They do have some guidelines on how to post your images and the quality standards that have to be met.. but I’m sure you’ll figure it out. Before you sign up, make sure you have at least 3 good stock images.
6. Sell stuff on eBay
Start by selling your own products. Once you understand how this works, you can start looking for other good products to sell. It’s a social world out there… so make sure you get positive feedback from buyers, else you can quickly go down. eBay is the best way to make money online if you know what sells well and you have a good logistics system to handle orders smoothly.
7. Building Niche Sites
I use a tool called Market Samurai to do my keyword research before building any niche sites. These are websites that specifically talk about one subject. You can fill these sites with SEO optimised content and links to affiliate products. The good thing is that you need to set it up once.. The best way to make money online with nice sites is if you’ve got your niche and website setup right.
8. Buying & selling domains
This is like buying and selling online real estate. The domain bird-cage.com, for instance, was bought for a mere $1,800 in 2005 — after a redesign two years later, the site was sold for $173,000 to a bird cage vendor [source: Bhattarai]. The best way to make money online selling domains is by partnering up with GoDaddy or Namecheap as an affiliate.
9. Sell hosting
The good thing about selling hosting services like Hostgator or GoDaddy is that it’s a constant renewal system. And in most cases, people stick on to hosting services all their life. The best way to make money online selling hosting is by doing a bit of key word research using Market Samurai using their affiliate tool kits.
Clickbank.com has paid out over 2 billion dollars (with a B) commissions to affiliates every since they started. Its free to sign up on Clickbank, and you can instantly get your affiliate code and start promoting products from different niches. The best way to make money online using Clickbank is by doing some market research using Market Samurai, choosing your products wisely, and then marketing it online.
Have You Decided What’s The Best Way To Make Money Online Yet?
In conclusion, the best way to make money online is in FOLLOWING YOUR HEART. It’s very easy to be swayed by tons of opportunities out on the internet. Just be careful.. follow your gut, and take consistent action.
Image Courtesy: FreeDigitalPhotos.net