So many people these days live their lives around their job. The boss sets the hours and days you must work, you either choose to live close to your work or you get stuck commuting in heavy traffic every day. But what if you didn’t need to do that? What if you could work from your laptop and earn the same income?
Where would you be right now if you could work from your laptop? All that you need to do is have an internet connection.
Although the internet is used by virtually everyone on this planet every day, its not uncommon to really have no idea how to make money and grow a business on it.
I have listed below the 5 best ways to make money from the internet in my opinion. So, you can start today creating a secondary income stream, or maybe even make this your main source of income.
I feel that the best possible way to make money online, with very little investment is affiliate marketing. To be straight to the point, this is a way in which you send traffic to a company’s website to make a purchase and you get paid for that lead. For example I could advertise a ‘yoga mat’ on my website and add a link directly to amazon to purchase the mat. If someone clicks on the link on my website, purchases the mat, amazon will pay me a commission. On amazon commissions range between 3-10% of the product value. Now that might sound low, however the more customers you send the more you get paid.
There are affiliate marketers out there that make 6 and 7 figure salaries every year. There are also products out there which pay commissions up to 50% of the value. So, you really can make a fantastic income.
However, you should bare in mind that unless you have a huge following on social media, or a website in place already which has 100s of visits a week you will need to start from scratch. You will need to start to build a following to promote your products, the quickest way of doing this is social media advertising. (Facebook, YouTube, Instagram, google) of course this all then costs money. But don’t let this put your off, once you have a website which starts to get a lot of traffic this can be an income stream for life.
Selling on Amazon, eBay, Gumtree
Selling products online like eBay and gumtree can make some very quick profits, especially if you have things around the house that you never use anyone. Clear out your loft! When was the last time you went up there and used anything? But, once you have run out of items you need to source products elsewhere. Car boot sales, garage sales can be a great way of making some quick small profits. Once you start to understand what products are valuable you can easy make an extra £500-£1000 a week doing this.
However, if you want to scale the business you need to think bigger and you need to use Amazon. 50% of online sales are from Amazon. That’s Crazy! Most people think amazon is a massive online retailer. Its not at all! Amazon is much better than that and has made more self-made millionaires than any other website. Last year (2017) 140,000 made over $100,000 using amazon! Not a bad income when you can do that from your laptop anywhere in the world.
You’re probably thinking how??
Amazon FBA (fulfilled by amazon) allows you to sell your products and cut out the tedious parts, packaging, Shipping, posting, returns… all the boring parts of selling.
Basically, you send all your products to an amazon warehouse, list them for sale which is very straightforward and then they do the rest. Once someone purchases one of your item’s amazon packages it up, ships it and deals with any returns, oh and then pays you. This is an amazing system and gives you time to focus on sales and the rest of your business.
Amazon do take a fee per item, which can make it a little bit more costly, but they are doing virtually all the work so as long as your still making a good profit on each item your laughing.
Finding the right items to sell is key, I always recommend going to Alibaba.com. This is a Chinese wholesale site, so you can get products at a great price. But do bear in mind, a lot of the items have a minimum order value. So, you may have to order 200 items for example to get them for such a low price.
Alibaba can also ship directly to Amazon, you don’t even need to see the product.
This requires a lot of learning, but once you’re familiar with the process it’s a simple business that runs 24/7 with little to no work involved.
You probably see all over Instagram the people who have ‘made it’ by creating funny videos, fitness videos, supercar videos, training videos etc. Truth is, yes you can make good money from YouTube, but it takes time. A lot of time…
You need to post regularly, build up a following and have interesting content. There are so many people taking advantage of YouTube, so you have a lot of competition. But like anything, start slow and build it up and the rewards can be huge. The top 10 youtubers are earning multi millions a year.
How to make money from this? If you start to build up a lot of subscribers and start getting a lot of views on your videos, YouTube will place adverts in front of your videos. You know those annoying videos you can skip in the first 5 seconds. Well when you start to have adverts in front of your videos, you start to make the real money. So you can imagine how well you will be doing when you start producing a couple of videos a week
Promote Companies’ Products
If you have a website or a large social media following, you can also make money by pursuing sponsored posts and ads. But, how does this work? Basically, companies are willing to pay bloggers and social media influencers to promote their products and services. If you have a platform, be it a blog or a huge Instagram following, you can make money.
So, this is why you see so many people promoting their Instagram accounts. Top bloggers and people with huge followings can charge £10,000 – £20,000 a post which is crazy. But even if you only got 10% of that, its still a lot of money for uploading a post. It’s hardly a lot of work!
The other benefits to this is all the free products you will get. If you are promoting a product for a company, they will send you whatever they need promoted. So, if your promoting something your passionate about you will more than likely get free products!
Survey sites are great to make a bit of quick money, most of them take between 2-15 minutes and can pay £5 ($6) each. Which works out at a pretty good hourly rate, if you don’t mind answering boring questions. Websites like Opinionoutpost.co.uk are quick and easy to sign up to and you start making some money. This is mostly done by students to make a little bit of extra money for booze.
It’s never going to be a long-term business and you should really look at the other ideas mentioned above as you can make a passive income rather than using up your precious time.
There are ridiculous amount of ways that you can make money online, the opportunities are endless and you should really pick something you are passionate about, this way it wont seem like your working. I have just listed 5 sources of online income which I feel are the best ways to make a living. And although it may seem like a lot of work and may take 6 months or so to see some big results, its worth it in the long run.