One of the most time-proven ways to make money online is through your own website. You pick a niche, generate traffic, and then sell your products and services to your audience.
Here you’ll learn how to make money online with affiliate marketing, products, selling your own physical goods, courses, and a lot more.
Keep reading to learn about different ways to make money online.
1. Make Money With an Awesome Blog
A lot of people start a blog as a way to express their views or as a creative outlet.
However, there are many cases of people not only earning a living from their blogs but even turning them into massive companies , Not every blogger will hit these figures, but if you play your cards right you might have a solid chance of earning money with your blog.
Remember that it’s important to have a long-term vision. You won’t make money right away, but, as your writing improves, your skills grow, and your site picks up more traffic, it’s a definite possibility.
If your goal is to start a blog that makes you money, here are some tips to keep in mind:
- Choose a broad topic like health, finance, relationships, hobbies, or personal growth
- Always aim for quality and create the best possible source on any given topic
- Learn about SEO and how to rank your site in search engines
- Build a network with popular bloggers and other influencers
These tips will lead you in the right direction. Once you have a trustworthy blog that gets a large volume of traffic you’ll have many opportunities to monetize your site, such as:
- Paid advertising
- Selling your own courses and products
- Selling affiliate products
2. Start an Affiliate Website
An affiliate marketing site is built upon recommending or reviewing certain products. Then, when a reader buys that product through your link, you’ll receive a commission.
Although it might not seem like a big revenue generator, there are multi-million dollar sites based on affiliate revenue alone.
For example, Wirecutter was so profitable that the New York Times bought the site for $30 million. There is also Lucieslist, a site about baby product reviews and Outdoorgearlab, a site dedicated to camping and hiking gear reviews.
To start your own affiliate marketing website, join an affiliate program that fits your site’s niche.
3. Build an eCommerce Website
eCommerce sites have exploded in popularity in recent years. With the prevalence of platforms like WordPress and WooCommerce, creating an eCommerce site couldn’t be easier.
If you prefer dealing with physical products and selling something tangible, then opening up an eCommerce store could be a great fit.
There are two different methods of running a successful online store:
- Creating and selling a niche physical product to a dedicated group of buyers
- Purchasing cheaper goods manufactured in foreign countries, repackaging them, and selling them at a markup.
The first approach can be very successful, but it does require a passion for the product and the willingness to do a ton of research, product development, and testing.
If the first approach seems a little risky for your first online business, then you might consider the second option of reselling popular overseas products. This method involves sourcing a popular product from a platform like AliExpress, repacking the product, and selling it through your own storefront.
Beyond selling the right products you’ll also need to think about how you’re going to ship your products. You can personally handle shipping and order fulfilment yourself. Or, you can employ a popular method called drop shipping, where the manufacturer handles it for you.
4. Resell Web Hosting
Resell hosting is another great way to make money online.
The basic idea of reseller hosting is providing a dedicated server space, which you can use to build your very own web hosting brand. It allows you to:
- Create cPanel-powered web hosting accounts
- Set custom resource limits (i.e., disk space, bandwidth)
- Conveniently manage all accounts using WHM
Since cPanel is the most widely used tool when it comes to managing a hosting account, it will be easy to attract new users. The server uptime is also monitored by an in-house administrator team, which ensures stable uptime and availability.
It allows you to focus on user acquisition, rather than the technical aspects of server management. If you’ll have any questions, a dedicated 24/7 support staff will be there to help.
Especially if you’re familiar with how web hosting works, reselling it will be a walk in the park. Who knows, you may become one of the web hosting giants if you put enough effort.
5. Create a Digital Course
It seems like digital courses are everywhere today. So, if you have valuable knowledge that someone would pay for, this could be a great opportunity.
In addition to having your own courses, learning platforms such as BitDegree offer a chance to become an instructor. It’s a unique opportunity to pass your skills and experience to thousands of people who are eager to learn something new.
Digital courses can be produced in a lot of different formats, from simple PDF downloads, all the way up to self-produced video courses that have dozens of hours of content.
Creating online courses could also be a very rewarding plan. Since it’s under your control, there’s no limit to how much money you can make.
Like most other methods on this list, digital courses can be integrated into most styles of websites including blogs, eCommerce platforms, and even affiliate marketing sites.
If you’re looking to create a digital course, but haven’t settled on your topic, it’s a good idea to poll your audience. Often, they can tell you exactly what they’d like to learn and would be willing to pay for.
6. Create a Membership Site
Membership sites have exploded in popularity recently and the idea is easy enough to implement. It does, however, require having an existing audience of some sort.
For example, Mark Manson runs a popular self-development blog. On his site, there’s a membership portion that gives users access to online courses, videos, and additional article commentary. For fans of his work, it’s a great deal.
People are already visiting your website because they like what you write about and how you use your style. So, you can create a membership section of your site that offers premium content.
Now, every single person who visits your site won’t take you up on the offer, but your dedicated fans will find it irresistible.
The type of membership site you create will depend upon the kind of site you run and the level of depth you want to go with your premium content. If you like the idea.
7. Sell Advertising Space
We’ve all seen sites that use advertising throughout their content. Sometimes the ads are intrusive, but other times they integrate naturally with the content.
Monetizing your site via advertising is usually reserved for when your site is receiving a large volume of traffic. If your traffic numbers are high and only continue to grow, then this option could be worth exploring for some extra cash.
While the amount you’ll get paid will depend upon the network, you’ll usually get paid based upon the number of impressions or clicks.
There are many different ad networks to choose from. Google AdSense is probably the network you’re most familiar with. With it, you apply to the network, and once you’re approved you can start adding ads to your site. Typically, the payout for Adsense ads won’t be great unless your traffic is in the millions of visitors per month.
There are other ad networks like Ezoic and Media. Both of which have an approval process and site evaluation. These networks also have the benefit of working with you to optimize your advertising revenue.
If you don’t want to work with an ad network you also have the ability to sell advertising yourself. If you have a niche audience, this can be a pretty worthwhile option. Let’s say you have a site dedicated to sleep optimization. Instead of using one of the ad networks mentioned above, you could sell ad space to large mattress companies.
You also have the option of creating sponsored content. This is where a company will pay you to create sponsored content that you would post on your site.
8. Sell Your Services
Selling services from your website is one of the fastest ways to online money making.
There are two different approaches you can take:
Create an Educational Blog and Offer Your Services
Create a niche blog that contains useful information about a certain topic. Let’s say you have a blog about woodworking techniques, and you’ve built a decent sized email list and got a solid traffic number.
You can add a services page to your site where you offer woodworking lessons, whether in person or through mediums such as Skype.
Create a Basic Website and Pitch Your Services
The other method involves creating a WordPress website for the sole purpose of pitching your services to companies and individuals.
Let’s say you want to be a freelance writer. You need to pick a niche and build your website. Then, create a few pages telling people who you are, the services you provide and showcase a few examples of your work.
Then, start generating leads for your new service business by engaging in guest blogging, podcast interviews, or cold outreach.
If you’re looking to take your service-based business to new heights, then combining the two methods will give you great results.