Because of the internet it has never been easier to make a side income online from the comfort of your home. But the big question is: where do you start?
There are so many ways and strategies to choose from, all valuable in their own right. So that’s why I created this list to give you an idea on what your options are and how to start the one that is your cup of tea.
7 Ways To Make Side Income Online
Below I have outlined the 10 best online businesses you could start today from the comfort of your home. Notice this list is based on my experience and opinion so it will be different for other people.
One of the absolute best ways to create an side income online in my opinion is affiliate marketing.
The concept of affiliate marketing is promoting other people’s products an gain a commission when someone clicks on your link and buys something. The easiest way to get started with this is trough the Amazon Affiliate Program.
I can’t tell you how many simple blogs I have come across that just do simple reviews on Amazon products where people are interested in. These blog then get a lot of traffic from popular search terms and when a visitor clicks trough to buy a product on Amazon. The owner of the blog gets a small commission, which can build up dramatically over time.
The beautiful thing with Amazon Affiliates is that once people click on your link, everything they buy from Amazon within 24 hours will earn you a commission, this has huge potential to stack up some great earnings.
This really is the tip of the iceberg, there are nummerable amounts of affiliate networks to get in to with each of them their own products to promote.
The commission percentages can vary from 3% to even a whopping 90% of the sale price. Some of my favorite networks are Clickbank, Amazon Affiliate Program, JvZoo, WarriorPlus, Affiliati, MaxBounty, and many more.
How to start affiliate marketing?
Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.
We talk about dropshipping when you choose a product on your online store that you don’t really have any physical stock of. When you get an order on your store you move to the third party supplier who will then be sending the product straight to your customer.
The price your customer pay is much higher then the price you pay your supplier, this is the point where you make profit. The most popular platforms to get started with are Shopify, Wix, WooCommerce, Etsy,…
In my opinion this is a pretty easy way to get started with an online business for beginners. You can learn everything from building your store, building relationships with suppliers, digital marketing and much much more without having to deal with all the hassle of owning your own stock and sending orders all around the world.
The easiest way to start doing this in my opinion is starting a shopify store in a certain niche, do some research on which products are trending in this niche right now and promote them trough social media.
How to start dropshipping?
Gigs on Fiverr/Upwork
This one is absolutely one of my favorites, just because it is probably one of the easiest online side hustles to get started with. Fiverr and Upwork are freelancing platforms that have grown exponentially over the last couple of years.
They cover jobs from everything online you can imagine, from logo designing, translations, article writing, website developing and so much more. You probably have a some skills someone else would be interested buying from you, if so then these are the places for you.
How to be a succesfull freelancer?
This one is a rising star, it is a hybrid of the last two mentioned. Dropservicing is a business model where you offer a service where a lot of people are interested in and when you get an order from a customer, you just go over to Fiverr or Upwork and order the gig and then sell it back to the customer, possibly for a huge profit.
This model has a lot of potential just because you aren’t selling any physical products, the customer will have his order within a week and the profits can be huge. Imagine selling a kindle book cover package for $89 and having it made by a freelancer on Fiverr for about $14. That’s $75 profit right there from only one order! Imagine having 10 orders a week consistently, that’s bye bye 9 to 5.
How to start dropservicing?
Start a Blog/Website
Starting a blog or website has been one of the best ways for a couple of years to create a steady flow of passive income for yourself. The one thing that is driving people away from this is the amount of work you have to put in without seeing immediate results.
It is not unlikely starting a website or blog and not seeing the results you want for more then 6 months to a year. But when you put trough this barrier and keep going once you get the ball rolling and getting some steady traffic.
This website you created can grow in to a totally passive side income online because of content you created long ago still making you money. The money from this website mostly comes trough Google Adsense and Affiliate Marketing. Check out this list of earnings from different blogs and website to get little inspiration
How to start a blog?
Online surveys are one of the most popular ways to earn side income online new people can get in to. Probably because it is fairly straightforward. You fill in some questions and get paid a small amount, you rinse and repeat.
The problem I have with this side job is that it gets really boring quickly without getting a lot of rewards for it. You won’t make a fortune from online surveys but if you are just looking for some extra cash these can be pretty interesting to check out.
These are some of my favorite platforms to get started with: TakeSurveyForCash, GamingJobsOnline, Opinion World, Swagbucks,…
Starting a Youtube Channel
Starting a Youtube Channel is one very lucrative way to get started making some side income online. It is fairly easy to get started with and totally free for everyone. All you have to do is make some videos on a certain topic you have some experience in and start monetize these videos trough adsense.
This is also a great way to build a passive income source because a video you put out 6 months ago can still get views and make you money. At the start it can look like you aren’t getting any results but if you push trough this barrier and keep putting out content consitently you can make some amazing passive income from these.
Another way for people who are not really attracted to being on camera and putting themselves out on the internet is doing review videos on certain products.
An example would be the top 5 laptops of 2020, in this case you would be getting some promotional videos from all of these different products and editing them into one video.
This is also a great oppurtunity to strike to birds with one stone. Because you would be getting ad revenue and in the meanwhile putting your Amazon Affiliate links for these products in to the discription.
How to get started on Youtube?
There are a large amount of ways to create a side income online, a lot more then I mentioned above, but these are the once that have eather the most potential in succeeding and actually making you some cash or are very easy to get in to. As with everything you might consider giving a shot, it is totally dependant on every individual and the effort, consistency and time you are willing to put in to see results.
Check out my favorite way to get started online here.