Just like in the tangible world, the online world has plenty of scams. You know those pop-ups that bombard you saying you can make $500 in 20 minutes, sounds like a catch and it probably is. It makes you think making money online is a bunch of rubbish. But the truth is you really can make money online and there are plenty of ways to do it.
Allow me to list the ways:
Flipping Sites/Domains: This is the same thing as flipping houses, but with websites. You can buy a site and “fix it up” or build one yourself and then sell it for a larger sum. If you’re good, you can sell sites or domains for thousands to millions of dollars. Want to know some real amounts people sell their sites for, check out https://flippa.com/.
App creation: iPhone and Android apps are starting to get pretty competitive, but you haven’t missed the boat yet. Build an app that people want and sell it and you could be easily make thousands of dollars. Do your research first though.
Advertisements: Another option is to put advertisements up on your online property, like your site. You can sell space individually to businesses or use Google’s Adwords. Depending on how many people go to your site, you could make a pretty dime.
Affiliate Marketing: This is something I do myself. It’s like getting credited for recommending a product to a friend. Basically, you refer someone to a product, and if they buy the product you get a commission. I made my first $100 online this way.
Selling Your Own Products/Services: Create a product or service and sell it online. You can build informational products or tangible products and sell them online. Or you can sell a service. I’m a copywriter and have a copywriting service that I offer. The trick here is making something people actually want to buy.
Those are a few ways to make money online. The more creatively helpful your approach, the more you’ll make. If you really want to make good money online, you really have to care about the people you are serving.
Want me to write an article on the specifics of how to get started on one of the above? Let me know in the comments.
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