Although the global market has not yet reached
“Jetson” caliber with people flying to the office in
compact spaceships, it has evolved to allow
workers to never have leave the comfort of their
own computer. Below you’ll find a variety of ways
to make money online as well as general advice
for anyone who wants to succeed in the online
world.
1.Flip domain names. Domain names are
valuable internet real estate and some
people actually make a nice living off of
buying and selling them. One strategy is to use
Google Adwords to find keywords that are
trending and use that information to buy
domain names that you think may soon be in
demand. However, since short, snappy, or
straightforward domain names have already
been mostly snatched up, you can also get
lucky buying domain names that are random
acronyms, as you never know when a person
or company with those exact initials will
decide to set up a website. (CPC.com, for
example, sold for over $200,000 when
Contract Pharmaceutical Corporation decided
to go online.
2.Do online surveys. Online surveys won’t
earn you much apiece, but they don’t eat
up much time either and can add up when you
need cash in a pinch.
3.Transcribe audio. Websites are getting
better and better about providing written
transcripts for the hearing impaired, meaning
that transcriber jobs pop up fairly regularly.
Transcribing is generally low paying but is also
easy, fast, and doesn’t require much
commitment. Check eLance or oDesk for
current transcription postings.
4.Edit audio. If you have and know how to
use sound-editing software, you can clean
up webcasts and interviews before they go
online. Again, look at a site like eLance or
oDesk for opportunities.
5.Enter contests. Since you won’t get paid
unless your entry wins, search for a wide
range of free contests in a field where you’re
already have a lot of possible entries (ex.
photos, logo-making, background design) and
submit your work to as many places as will
have you. It might take a day to get through all
of them, but even a few small successes (or,
preferably, a great big one) will make up for it.
The experience might even steer you in a new
creative direction.
Make Money through Online Marketing
1.Become an affiliate marketer. This is
a great way to make money for promoting
someone else’s products or services without
having to carry any inventory. Affiliate
advertisements are usually incorporated into
your website/blog/page via linked articles
(great when your content is strong and
compelling, but must be done carefully to
avoid looking spammy), product-placement
videos (great if you’re funny or have
performance talent), or, less and less
commonly, banner ads (pretty ineffective, as
most people avoid these like the plague). If
necessary, you can also become an affiliate
marketer without a website (by posting videos
on YouTube containing links to the product, for
example). Check out a site like Commission
Junction for possible products and services.
If you have a lot of traffic, you might want
to do cost-per-click advertising, which
doesn’t earn you much per click but banks
on the fact that the sheer number of
visitors will build your revenue.
If you have very strong content, you might
want to do cost-per-acquisition
advertising, which makes you a decent
commission (either a fixed amount or a
commission, depending on what you’ve
pre-agreed to) every time someone on
your site makes a purchase with your
affiliate company.
2.Become an online mystery shopper.
Most people have heard of mystery
shoppers in the real world, but with the shift to
virtual business, it’s becoming more and more
common to send mystery shoppers online-
hunting. If you’re just starting out, be prepared
to front the cost of your purchases, as your
reimbursement will depend on whether or not
you are a capable mystery shopper.
3.Do webinar marketing. This is simply
seminar marketing done online – except
that it’s much cheaper than doing actual
seminars and doesn’t require repeat
performances. If you’re an authority on a
subject that others would be willing to pay to
learn more about, record yourself giving a talk
about it in a professional location (traditionally
a conference room, though this may change
depending on your subject), post it on your
website, and advertise.
4.Refer other professionals for jobs. If
you know somebody whose skill and work
ethic you’re willing to stand behind, consider
referring them to a prospective employer. If
that person gets hired, you stand to make
anywhere between fifty and a few thousand
dollars depending on the position. Check out a
site like ReferEarns or
WhoDoYouKnowForDough for more
information.
“Jetson” caliber with people flying to the office in
compact spaceships, it has evolved to allow
workers to never have leave the comfort of their
own computer. Below you’ll find a variety of ways
to make money online as well as general advice
for anyone who wants to succeed in the online
world.
1.Flip domain names. Domain names are
valuable internet real estate and some
people actually make a nice living off of
buying and selling them. One strategy is to use
Google Adwords to find keywords that are
trending and use that information to buy
domain names that you think may soon be in
demand. However, since short, snappy, or
straightforward domain names have already
been mostly snatched up, you can also get
lucky buying domain names that are random
acronyms, as you never know when a person
or company with those exact initials will
decide to set up a website. (CPC.com, for
example, sold for over $200,000 when
Contract Pharmaceutical Corporation decided
to go online.
2.Do online surveys. Online surveys won’t
earn you much apiece, but they don’t eat
up much time either and can add up when you
need cash in a pinch.
3.Transcribe audio. Websites are getting
better and better about providing written
transcripts for the hearing impaired, meaning
that transcriber jobs pop up fairly regularly.
Transcribing is generally low paying but is also
easy, fast, and doesn’t require much
commitment. Check eLance or oDesk for
current transcription postings.
4.Edit audio. If you have and know how to
use sound-editing software, you can clean
up webcasts and interviews before they go
online. Again, look at a site like eLance or
oDesk for opportunities.
5.Enter contests. Since you won’t get paid
unless your entry wins, search for a wide
range of free contests in a field where you’re
already have a lot of possible entries (ex.
photos, logo-making, background design) and
submit your work to as many places as will
have you. It might take a day to get through all
of them, but even a few small successes (or,
preferably, a great big one) will make up for it.
The experience might even steer you in a new
creative direction.
Make Money through Online Marketing
1.Become an affiliate marketer. This is
a great way to make money for promoting
someone else’s products or services without
having to carry any inventory. Affiliate
advertisements are usually incorporated into
your website/blog/page via linked articles
(great when your content is strong and
compelling, but must be done carefully to
avoid looking spammy), product-placement
videos (great if you’re funny or have
performance talent), or, less and less
commonly, banner ads (pretty ineffective, as
most people avoid these like the plague). If
necessary, you can also become an affiliate
marketer without a website (by posting videos
on YouTube containing links to the product, for
example). Check out a site like Commission
Junction for possible products and services.
If you have a lot of traffic, you might want
to do cost-per-click advertising, which
doesn’t earn you much per click but banks
on the fact that the sheer number of
visitors will build your revenue.
If you have very strong content, you might
want to do cost-per-acquisition
advertising, which makes you a decent
commission (either a fixed amount or a
commission, depending on what you’ve
pre-agreed to) every time someone on
your site makes a purchase with your
affiliate company.
2.Become an online mystery shopper.
Most people have heard of mystery
shoppers in the real world, but with the shift to
virtual business, it’s becoming more and more
common to send mystery shoppers online-
hunting. If you’re just starting out, be prepared
to front the cost of your purchases, as your
reimbursement will depend on whether or not
you are a capable mystery shopper.
3.Do webinar marketing. This is simply
seminar marketing done online – except
that it’s much cheaper than doing actual
seminars and doesn’t require repeat
performances. If you’re an authority on a
subject that others would be willing to pay to
learn more about, record yourself giving a talk
about it in a professional location (traditionally
a conference room, though this may change
depending on your subject), post it on your
website, and advertise.
4.Refer other professionals for jobs. If
you know somebody whose skill and work
ethic you’re willing to stand behind, consider
referring them to a prospective employer. If
that person gets hired, you stand to make
anywhere between fifty and a few thousand
dollars depending on the position. Check out a
site like ReferEarns or
WhoDoYouKnowForDough for more
information.
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