The world has become a global village due to digitization. It is very easy today to get and send information from across the world than it is getting from one place to the other in an urban city in the US.
Online businesses are thriving tremendously on this great development and the trend is not likely to regress anytime.
Yet, with nearly-instantaneous access to the planet’s population through an online search and social media, millions of people are still puzzled by the best way they can harness the power of online presence to actually make money online.
There are so many online businesses that bring people a lot of money and are all legitimate. Below are the top ones that have proven to be highly financially rewarding through the years.
Blogging is undoubtedly the most popular legitimate work home job you can do. You can actually start with a very small investment and grow your income to even thousands of dollars in a month.
Aside from the hosting charges, the only investment will be the time and energy to research about new topics and write fresh and quality articles that will benefit the blog’s readers.
For example, this site is a blog site. I write a lot of great articles that benefit many. I also refer people to products that will help them in their goal of achieving financial freedom online.
By doing all of this and posting other ads on this site, I generate enough money to keep it running and keep some extra. Plus, I get to work from home at my own time.
In order for a blog to become successful, you’ll need perseverance and make sure that it’s updated regularly. Once your number of regular readers grow, then you should be thinking of ways to monetize the blog.
There are several ways to earn from your blog; the easiest method is standard ads, affiliate marketing, sponsored post, and reviews.
Even though most methods can give you meaningful income, most beginners usually choose the wrong monetization methods for their niche which is why blogger failure to make money is on the rise.
Blogging is more than just writing quality articles it involves content marketing, doing Proper Keyword Research, Implementing On Page and Off Page SEO (backlinks building).
Blogging is not a quick money maker, but as your blog expands and gain traffic, the more the money you make.
Adsense, Amazon, and Clickbank are legitimate sites to monetize your blog with. Blogs can easily generate tens of thousands of dollars to hundreds of thousands of dollars per month when done right.
Affiliate marketing is simply a practice of promoting the products and services of a business for a fraction of the sales as commission.
It is not compulsory to sell products all the time to make a commission. There are Different affiliate payment methods that are utilized depending on the contract. The various methods include; Pay per Sale, Pay per Click and Pay per Lead.
With your blog, email newsletter and social media accounts, you can reach thousands of people with just one piece of content.
Affiliate marketing is arguably the best way to make a legitimate living online owing to the fact that it can easily be done on autopilot and can generate big profit margins.
In affiliate marketing, your duty is to sell other people’s stuff online by posting their advertising materials on your website and social media accounts thereby getting paid for anybody that buys the product through your sites.
Many find affiliate marketing to be the fastest way to earn online since it does not involve your own products and services. Your challenge will be to figure out what market(s) to enter, build an audience in your blog and maintaining good relationships with your readers so they trust what you tell them.
Affiliate marketing requires research, hard work, and lots of luck but if you get it right, you will make tons of money. Most prominent people who have done very well in the business are Seth Godin and John Chow.
Aside from working from home at your own convenient time as a freelancer, you will also be able to promote your services to millions of potential customers via mediums like Upwork and Fiverr. These are the biggest resources for selling just about any professional service on the globe.
If you have extensive experience in a particular field, you might want to consider selling your services through one of these sites or building your own website and advertising your services on a variety of social media. This second method is more expensive and also more rewarding.
Professionals in graphic design, accounting, social media marketing, web development or SEO training, Song writing, Virtual assistant, Writing and translation, legal consulting, tutoring etc. make plenty from these sites to be able to quit their jobs and focus on freelancing.
Fiverr is one of the easiest and fastest growing online platforms to start selling a wide variety of services and products. There are many freelancing sites with some specializing in a specific niche, for example 99Designs only applies to graphic design.
Like anything else, the beginning will be difficult. A lot of reviews are required to build your reputation and sourcing work as a beginner in one of these highly-competitive platforms is hard work.
Writing and translation seem to be the most competitive niche but you can find most successful people in your niche and model your profile after theirs.
Web designing is a business that is fast growing and will be in high demand for the next few decades as more and more people are switching to blogging and also almost every small scale business is going online.
You can set up an online web designing business, a logo designing business or anything technical related to websites. With the help of websites like Fiverr, Upwork, and Freelancer.com, you can easily get hired from all parts of the world as a freelancer.
The success of this business is obvious as many people from developing countries start their web designing career as freelancers and after establishing themselves, they start their own firm hiring people to work for them.
YouTube has changed the life of many people. Today you see all sorts of videos pulling thousands and even millions of views. If you know how to make great short videos, you can use this great platform to make money. This could be videos of anything from comedy to cooking to DIY to satire.
There is absolutely no need to invest in expensive video equipment. Just master how to use your Smartphone’s video tools to upload entertaining or informative videos. However, only original videos created by you can be monetized.
Building an audience is the key to monetizing your channel. Copyright protected videos will either be taken down or the original video maker would be the one to monetize it even if it were uploaded by you.
According to Forbes, the top YouTuber, Pewdipie, earns a whopping $12 Million per year legitimately.
Amazon’s and Ebay’s seller system provide a great way to get your products listed on what is arguably the largest commerce sites online. If you enjoy arts and crafts or you are good at making things, you could also consider to sell the things you make on Etsy.
Etsy is a socialized online marketplace for selling homemade items.. You can sell new, refurbished as well as used items on eBay; imported electronics without warranty are also allowed to be sold.
Just create an account with eBay and you are good to sell your product after uploading the pictures and details about it along with the price.
Ebay is a little disorganized place to sell your stuff and many buyers do not like it due to the frauds involved but many people make good money there. They will let you list your first 50 items for free.
Android App Development
Android phones are so popular now and you can use this to make money. They actually have a monopoly over the smartphones market currently. IOS is the nearest competition but it is not even close enough when you consider the number of Android smartphones in the market.
This is the reason why shopping websites, Online Businesses, financial institutions are slowly moving towards android for business promotion as it gives them better conversion rate. Therefore many businesses hire someone who can assist them in creating a great app.
You can find such jobs on websites like legitimateonlinejobs.com
Also you can come up with an app with a unique idea that will sell by making proper market research and you can generate your revenue from the sale of the apps.
However, apps require a significant investment of time or money upfront.
People are always learning and since the age of the internet, people turn online to learn as it is convenient. This works especially well for parents who can learn from the comfort of their homes and not have to worry about finding a place for their child to stay when they go to school.
This is also great for tutors as they can give these lessons online from the comfort of their homes and based on their own time schedule. You can teach almost anything from languages, science, biology, mathematics, topics on building a brand and social media skills, etc.
If you have a unique skill or you are a teacher or someone who enjoys teaching, online tutoring can be a good option for you as no classrooms are needed and no marketing costs is involved. Websites like Tutor.com lets you sign up and start teaching your favorite subject(s).
Some websites may require you to have some relevant qualification and experience.
Alternately, you can consider starting your own teaching website from scratch if you have the money and required marketing skills. This actually have higher risk but you make far more money.
Sell Online Courses
In online tutoring, you get paid for the number of hours you teach thus the income is not recurring.
However, if you wish to have a source of recurring income and you have the required skills and knowledge, you can make online courses and sell them at websites like Udemy.
The courses could range from Mathematics to topics on how to; speck a language, be Fit, make Money online and Lifestyle. You just make courses for anything that people may find useful.
You can as well promote the courses on your own website and this will make you skip paying commissions to a third party which will give you the choice of lowering the price of the courses. However, promoting courses to the public is a really a tasking job.
You can also earn bountifully by managing Social Media Accounts for celebrities and big business owners. Domain Flipping is another great way to make money legitimately online.
Self-Publish Kindle Digital Books is also becoming a great way for many to make money. Other legitimate work home jobs are Email Marketing, Taking Paid Surveys in sites like swagbucks , Amazon Mechanical Turk and telecommunication.
Online businesses thrive majorly through number of readership therefore it can be profitable only if you have ideas that people would love. Of course, the competition is fierce which is why you must make sure you do your own research about your choice, including financial and competition analysis before jumping into “the make money online wagon”.
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