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Naijatop.com » General »   » internet money » How to Make Money Online

How to Make Money Online

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1 How to Make Money Online on 24th July 2014, 12:18 am

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  1. 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.
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    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.
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    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.




Method 3 of 5: Make Money through Online Content



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    Sell your music. A few years ago, Radiohead made headlines by selling its latest album via its own website and raking in the dough – for donations, no less. Though your act might not have Radiohead status (yet), many small, independent, and even big-name acts have followed suit: as it turns out, a handful of sales with no middleman adds up to a lot more than what most artists end up with once the record industry has gotten its “dues.”
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    Become a freelance designer. Create a website showcasing your portfolio and build a client list by finding work in the online classifieds. Though it takes more time to get established doing business this way, you can set your own prices and won’t have to share your profits with the graphic design house.
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    Sell stock photos. This is a good way to make money while pursuing a fun hobby. Since people search for stock photos by keyword, your work will be on the same playing field as everyone else’s, meaning you should submit any photo you think is decent. Once it has posted, your work is done, and while you won’t generally make much per sale, having a good number of photos can mean accumulating a nice monthly side income with virtually no upkeep. iStockphoto, ShutterStock, and Fotolia are a few good places to shop around.
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    Sell an ebook. eBooks are not for everyone, but if you’ve ever found an innovative solution to a desperate situation and wished you could have simply paid someone to give you the answer sooner, it’s likely there’s a market out there for an ebook on the subject. Shop around to see what else is available and look for people posting in forums with similar issues. Don’t waste your time writing an ebook about something someone can readily find answers to; it’s something you want to reserve for people who are at their wit’s end.
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    Sell an app. In a multi-million-person marketplace, $1 or 2 per sale can go a long way. If you have a great concept but no programming know-how, it might even be worth it to hire a programmer. Just make sure you shop around for similar ideas, find ways to one-up your competition, and comply with the rules of the company on whose devices you’d sell the apps.
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    Sell articles. Lots of small businesses, websites, and marketers need good written content and smooth keyword integration to help them get more traffic. Though you won’t make much to start with, most articles will only be 200 to 300 words, which are a snap to crank out. As you prove yourself to be capable, you can start charging more for your services. If you’re a skilled writer, you might even try submitting your work to formal publications.




Method 4 of 5: Make Money through Online Sales



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    Create an online store. Selling online is especially useful if you have a niche item that can’t attract enough business to survive in a physical location, but of course online stores for everyday items aren’t going anywhere, either. If you aren’t particularly web-savvy or can be bothered to maintain a website, you can set up shop on a site likeeBay or CafePress (for a fee). Otherwise, you can hire someone to design a website for you or even make your own.
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    Create a virtual store. Believe it or not, vendors selling virtual items from within online games can make money in the real world. By creating an avatar of yourself and setting up shop, you can do business with other players (or even just advertise your real-world business). Of course, you must first find a game that allows it and pay to set it up, but once you’re in, you can reach a huge range of people in various age groups and locations around the world. MMORPGs (massive, multiplayer online role-playing games) are especially good places to do this.





Method 5 of 5: Pointers when Working Online



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    Make a good first impression no matter which type of online endeavor you attempt. As with any business, your brand (web site, store, virtual portfolio etc.) must grab the prospects attention, enticing and encouraging him/her to learn more. A strong brand should include intelligently and insightfully written copy, a description of your offering, product overview, news and information and numerous opportunities to respond (call to action).

    • Differentiate your product/service from the competition. Consider what makes your business unique by focusing on the brand, the specific suite of services and how the product or service will solve the customer’s problem. Punctuate these differentiating factors in order to set your brand apart from the rest.
    • Maintain a friendly, approachable tone. You want to invite your customer to interact with you so be sure that while the copy on your site or portfolio should be informative, it should also communicate a friendly tone that will motivate communication and interaction with your customers.
    • Have a solid contract with your partner company. Enlist the assistance of an attorney or have a lawyer review your partner company’s contract so you know how you will be paid and the basis for payment (for example if it based on produced work, solid sales, sign ups, conversions, referrals, etc.).
    • Follow up with clients after an initial interaction. Because you haven’t had the benefit of face-to-face meeting, you will need to be proactive (but not a stalker) online. After an initial meeting with a client, send a thank you email a few days later to remind the client about your meeting. Open the floor to additional questions and let your prospective client know you are excited about the possibility of serving him/her.


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    Optimize your skills and knowledge in order to create a strong online presence. Although you may be a talented salesperson or graphic designer, you may not know how those talents will translate online.

    • Take an search engine optimization course. Either online or possibly offered at your local community college, learning about search engine optimization (SEO) is an important component to a successful online career. SEO training will teach you how to position your brand or store higher on Google search engine rankings so your business is hit first when potential clients are performing a search.
    • Write a business plan. Even if the business plan will never leave your computer, creating a plan will give you specific direction and goals, which will help you stay on track and focused.
    • Consult with experts. If you have a friend or colleague who has had success making money online, tap into his/her knowledge and experience. Find out what has worked well or what he/she has tried that bombed. Extract as much knowledge and insight to help guide you in how you will create your online business.


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    Make sure you have the dedication and focus to work independently. If you plan to make your online money making endeavor a success, you must have what it takes to manage your time and be dedicated to your craft.

    • Examine your financial needs. Do you need to make a large income or are you interested in making money online just to have some mad money? The level of required income will most likely dictate the amount of time and effort you’ll need to spend making your online business a success.
    • Evaluate the amount of time you can dedicate to your online business. Are you a stay-at-home mom with two small children and a demanding school and housekeeping schedule or are you single with no strings attached (or somewhere in between)? Identify the hours during the day you can commit to your business and compare those hours to the amount of money you need to make. Typically, especially with some businesses, the earlier months and years are considerably more time consuming, especially if you are building a client list.
    • Be honest about your work habits. Are you a self starter, motivated enough to stay on task and work without having a boss check on you, or are you easily distracted by the phone, kids or other environmental disturbances? Working online takes a tremendous amount of motivation and focus in order to reach your cash generating goals.


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