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How to Make Money Online - A Detailed Guide Series!

Updated on May 28, 2014

Introduction

"How to make money online?" This is the questions millions of people are asking and there is PLENTY of info on the subject (as I am writing this, there are 1 870 000 000 results on Google for that exact phrase). There is so much information a person can easily get lost. So I have decided to make a series of Hubs trying to explain the different ways of making money online. You WILL NOT find an answer how to get rich online, you WILL NOT be bombarded with ads or services. This is the beginning of a series of posts in which I will do my best to introduce the different ways of making money online.

As this is the first post of the series I will begin with the basics. There are a billion ways to make money from home but basically they are all gathered in 7 Major categories.

1. Provide a service online

Well this is a no-brainer. If you are good at something, pretty much anything, you can provide that talent to other people or companies. Hundreds of companies (and individuals) are looking for help with some of their task and pay for that help. So if you are a writer, designer, programmer or are good at anything for that matter there is SOMEONE who is looking for you. All you need to do is find that someone. More information about HOW you can do that can be found in one of the following hubs so please check back (Link will be included)

2. Selling / Reselling Products Online

Everyone has something to sell. Starting with old clothes, stuff you have found when cleaning your attic or garage, your old phone, laptop or camera. You CAN put these things for donation, make a garage sale or sell them online. If you are involved in ANY crafts, making Jewelry, tailoring, painting, woodcarving, pottery , if you are a blacksmith anything at ALL that has a product as an end result you can sell it online. Found a bargain? The electronics shop has a 30% off? Buy it and sell it at full price online and make a profit. Good at fixing things – get a broken phone, camera, toy, wardrobe bookshelf, radio wahtever. Fix it and sell it one eBay or Craigslist. Simple!

More on the topic in my next Hub! (Link will be included)

3. Selling Advertising

Blogs – if you are online you probably read one, a lot of people HAVE one and some of you are thinking about making one. A blog is like your own real estate on the web. And as such you can do almost everything with it – including selling advertising. It is pretty straight forward – make a blog (or video), put some advertising, get paid. To give an example - you love traveling and decide to share your travel experiences. You start a blog and write several articles. After that all you need to do is sign up with AdSense for free, give them the address to your site, then decide on the format and placements of the ads and you get paid for every click these ads get from your readers.

Another Hub with details is on the way! (link will be provided)

4. Affiliates

You don’t feel like getting a second job, you don’t have anything to sell (at least not regularly) don’t worry - you can always promote someone else’s services or products. It is called affiliate marketing. Long story short – you bring potential customers to the services provider’s or merchant’s website, they make a purchase and you get a percentage on that purchase. It is pretty straight forward. If you have a hobby, or are interested in something (anything) there is a huge chance there is an affiliate program for you.


Example: Amazon has an affiliate program called Amazon Associates that is available to you when you open an account. They give you a referal ID which is added to links of the items you want to promote. When somene buys from those links - you get a 4% comission. Different programs have different comission.

How and where you can find more programs you can read in my next Hub.

5. Online Trading and Investing

Are you good or interested in finances or international politics (yes, this has a huge impact)? Then maybe this is for you. There are hundreds of websites that allow you to trade stocks, bonds, gold, silver, oil, currency and so on. Of course this will require a bit of investment on your part. Who, where and how you can find in my next Hub. (Link will be added sp come back)

6. Sell Your Time

If you don’t like any of the options above you can just sell your time, or at least that is what I call it. If you are spending a lot of time online, Youtube, social media, Twitter and so on, there are websites that will pay you for your time! All you need to do is watch various videos, click on advertising, take part in surveys, write reviews or just share links in social networks. If you do that anyway why not get paid for it? More on the topic - you guessed it – in my next Hub!

Example: You sign up for a website that pays to click on ads. You login in your account and you are given 15 different ads for you to check. You click on one, wait for 30 secs and you get paid. Simple!

7. Online Gaming

A lot of people (me included) enjoy video games and sometimes spend several hours every day doing it. Sound like you? Well there are several ways you can get money doing what you love. Selling items and currency to other players, selling whole accounts (ok, these things violate the T&C of most games but it IS POSSIBLE ), get paid to actually play, there are plenty of ways to get paid. Including the DREAM of most gamers – become a tester!

If you think I have missed something, PLEASE let me know in the comments and I will add it to the list.

Which of the above categories are you most interested in?

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Comments

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    • profile image

      Ishan Madhav 

      4 years ago from Bodhgaya, Bihar

      Hmm.....:)

    • Greyer profile imageAUTHOR

      Dimitar Sivkov 

      4 years ago from Varna, Bulgaria

      @Ishan Madhav The information on the topic is far too much to fit in a Single Hub, which is why (and I have said it in the beginning) this is only the First hub from a series I am working on :)

    • profile image

      Ishan Madhav 

      4 years ago from Bodhgaya, Bihar

      Good, but I don't think this was as "DETAILED"

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