THE 5 WAYS THAT YOU CAN MAKE MONEY ONLINE

THE 5 WAYS THAT YOU CAN MAKE MONEY ONLINE

you can make money online through blogging so if you want to make money online I suggest you get into blogging.

Blogging allows you to build an audience which in turn gives you the chance to open up new revenue streams.
That might be a small technicality but I wanted to get that out of the way.

1. Ads

making money with online ads
This is the second easiest way from a technical standpoint to make money online because you don’t have to do much to get them set up. If you use one of the ad networks then they do all of the work for you!
What you do need though is a shit ton of traffic for this to be effective. By this, I mean at least 30,000 page views before you even want to consider putting ads up on your site.

you can use AdThrive or Mediavine and Google Adsense.

Now I know the question you are asking is how much money do make for the amount of traffic that you get. you get paid every time an ad is shown on your site but you get fractions of a penny for each view. For this reason, ad dollars are measured in CPM.

This means that for every 1,000-page view, you make $X amount of money.

So with AdThrive/Mediavine, depending on the niche and the quality of ads, the CPM fluctuates between $5 – $20 per 1,000 page views.

If you do 100,000 page views in a month (the minimum you need to apply) then you will make anywhere between $500 and $2,000 for that month. Again, it’s dependent on the topics that you write about.

Not bad, but not great considering the other ways that you can make money.

However, ads are the most passive way to make money online. Your only focus is to get people to continue to come to your site which can be challenging in its own right.

2. Affiliate Marketing

This is the easiest way to make money online from a technical standpoint because you don’t have to do anything but post a link on your site.

That link points to a manufacturer of some product that will pay you every time someone purchases from them.

For example, if I run a car blog and I sign up for an affiliate program with a car parts shop, I can link the different car parts that I like on my blog and when people click on the link and purchase from the car parts shop I get a cut.

The commission that you get is dependent on the affiliate program. There is no status quo. I’ve seen percentages range from 4% to 90%.

However, making money with affiliate marketing is a lot harder than people present it. You might think that all you need to do is put a link on your site and then watch the money flow but that isn’t the case.

You have to do a lot of upfront work to convince your audience that they want/need a particular product. If you can’t do that then your links will just sit there unclicked.

THE 5 WAYS THAT YOU CAN MAKE MONEY ONLINE

3. EBooks

I love writing eBooks because you can make them as simple or as complicated as you want. The easiest way to make an ebook is to simply write it in some type of word processing application (Word, Pages, or Google Docs) and export it as a PDF.

eBooks are a great starter product for many bloggers because everyone has the tools to create them.

Some people believe that your ebook has to be super long for it to be successful.
It’s completely dependent on the subject matter and what problem you are trying to solve.

If you don’t even want to set up your website you can go directly through Amazon’s Kindle Direct Publishing to reach millions of people instantly. Of course, you are dealing with a lot of competition but some authors make over $40,000 a month with their Kindle books

4. Online Courses

Making money with online courses
This is one of the most lucrative ways to make money online when you have an audience.

To make $1,000 with ads (on a good ad network) you need to do between 70,000 – 250,000 page views a month (remember it depends on the niche). That’s a lot of people!

To make $1,000 with affiliate marketing you might need to sell a couple dozen/hundred items.

With online courses, you can make $1,000 by selling just a couple (dependent on price).

For example, the current price (as of this writing) for the Billionaire Blog Club is $499 (cheaper if you go through the 12-Day Blogging Bootcamp). To make $1,000 this month from the site I will need to sell 2 seats.

That doesn’t require me to get 100,000 people to the site. Hopefully, it only requires less than 100.

Out of these 5 methods, online courses are both the most technically involved and the most time-consuming.

I love teaching people but I hate the process of making courses just because I like instant results. This takes hours. But you can make a good amount from making online courses and selling them.

5. Membership Sites

Technically the Billionaire Blog Club is a membership site that happens to have courses in it. However, most people think of membership sites as having recurring monthly or quarterly fees.

The Billionaire Blog Club is a pay once and you get a lifetime membership type of deal.

Membership sites can work in many different ways. You can simply offer a forum. You might offer monthly video lessons. You can think of many different things but you must make sure that you are providing continuous value to your audience.

Membership sites usually work best once you have an established audience to work with. Starting them from scratch without an audience is difficult because people join membership sites intending to interact with other like-minded individuals.

If they are the first ones to the dance and nobody shows up for days or weeks then they will quickly lose interest.

More Ways to Make Money Online
These aren’t the only ways to make money online. There are a ton of other options :

• Podcasting
• Dropshipping
• E-commerce
• Offering services
• Freelance writing