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How To Make Money Online: 5 Real Ideas

November 29, 2021 by BPM Team

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This article contains affiliate links. For more info, see disclosure.

There are many options for working on the Internet. You can not only supplement the family budget in your spare time but also start your own business. Some ways of earning require only your knowledge, while others – extra money and special programs to get an alert to start acting at the right moment. 

Let’s consider five real ways of extra earning.

#1. Affiliate programs

Affiliate programs are an ideal option for “part-timers” wishing to make money on the promotion of goods and services. Retail chains, online stores, banks, ticketing services, and many other companies are interested in Internet traffic, that is, new potential customers. There are thousands of different services offered online by hundreds of companies, so the competition between them is enormous.

As an example, let’s take the network of affiliate programs admitad.com. There are major retailers, air carriers, tour operators, hotels, banks, real estate agencies. All of them are willing to pay for advertising and promotion on social networks. In order to earn money, you need to register on the site and get a referral link. Then choose your favorite “affiliate” and talk about it on social networks, recommend to friends and acquaintances, post in various groups and communities. All – the work is done, your income – commission on purchases. Other popular affiliate aggregator sites: Myragon, Glopart, Mixmarket, Ad1, Social-leads, Actionpay.

#2. Freelance

It is possible to earn on the Internet on different freelance services – from writing texts and promotion of sites to the design of interiors. There are dozens of major sites for remote work such as The TEFL Academy. Here you can, in particular, engage in writing texts: articles, poems, and scripts to order. This and similar services will allow you to earn, excluding the possibility of fraud. That is, when the work is done qualitatively there is a guaranteed transfer of funds. When the performer takes the order, the money is automatically blocked and transferred to the seller’s account after the customer accepts the work.

#3. Your own website or blog

It is possible to make money on the Internet with your own website or blog. At the first stage, an online resource is unlikely to bring substantial profits. On the contrary, the site will require time and money for promotion. Will have to shell out to buy and maintain the domain (free domains poorly indexed by search engines) and hosting, the services of the designer, a specialist in SEO, promotion. But if you can correctly identify the target audience and create interesting and useful content for your readers, the results will be gratifying. Blogging will take time as well as promotional efforts.

#4. Online store

Opening your own business, however small, always involves risk. Therefore, if the purpose – not just to earn an extra penny to the salary, but to create a solid rear for old age – you will have to prepare seriously.

To open an online store must at least:

  • analyze the market;
  • choose a niche and products for trade;
  • create a website and buy a domain (the address of the network);
  • register IE or LLC;
  • hire a few employees;
  • decide on the delivery method (the courier can be in the state) and payment.

There are plenty of tools on the internet for small businesses, including those which allow you to set up an internet store. This is especially true for beginning entrepreneurs.

You can create a website for an online store yourself using popular designers: Tilda Publishing, LPgenerator, WIX, uKit, uCoz, and others. They can be called conditionally free – the basic tools do not allow you to construct a fully functioning website. For example, they forbid you to connect your domain. You will have to pay for full-featured versions of the designers. But the savings compared to ordering a website will still be significant.

#5. Exchanges and cryptocurrencies

If you have small savings, you can try to multiply them. The two most obvious options: put them on deposit in a bank or invest them in your own business. But there is a third – playing the stock exchange or buying cryptocurrency. In order to make money, you need a bank account, a computer, special software, luck, and remarkable intelligence. Before you become a trader or start trading stocks, you will have to study a mountain of special literature, and, possibly, go through training. The risks of such an income are high and the benefits for a newcomer are questionable. The situation is similar with buying cryptocurrencies, the rate movement of which even gurus of exchange trading can’t predict yet.

You may also like: 6 Ways you can Make Money Online in 2021

Image source: Shutterstock.com

Filed Under: Business Success, Finance Tagged With: finance, Make money, online business

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