A lot of people are looking for solid ways to make money online. The fact is there are tons of ways to generate full time or passive income on the Internet. While some of these online money making methods can keep you constantly visiting your bank with pay checks, some can be very frustrating. It’s often very difficult for starters to find what’s best and so most of them end up in the luring hands of scammers.
In this post, I want to discuss three dependable and rock solid ways to make money online. Whether you are out for passive earnings or full time income, these are credible and well-founded ways to invest in.
1 – Product Creation
This is by far my best method to make a killing online. The only limit here is how far you can think. With outsourcing facilities, the technical barrier has been completely rolled out. All you need is think and come out with a product idea. Once that’s done, the next step is just getting someone on eLance or Getacoder or Freelancer to get it done.Well, this may not be as easy as it sounds but I think it’s the better way to go if you cannot go beyond just getting the product idea.
In my income report for 2012, you noticed that a huge portion of my earnings came from the product I created and sold. And to be more honest, more of my income this few days has been from CashDonator Plugin.
Are you already thinking of creating your own products?
Why product creation ?
- You are the master and decision maker in the business.
- You keep 100% of the earnings if you want.
- You create a brand name that can even generate more profits.
- You recruit affiliates to drive traffic to your sales page bringing in more sales and more profit.
- You position yourself as expert in your niche.
- You create a buyers list that can be used to generate more income.
- Product creation will help you network with many more experts
- ETC
Categories of products to make money online
A – Membership Products:
These are also know as Recurring Billing or Subscription Products. In this category, you will always find paid and free membership products.
A membership product is the more beautiful way to make money online. You get paid by one single customer over and over and month after month for the services you provide. However, if your product is not good enough or does not contain enough materials to keep your clients, they may start cancelling their accounts shortly after.
How to make money with free membership products
These are products where signup and the use of the product are free. However, there are couple of ways to make money with free membership products:
- Advertising
- Featured spots
- Premium services
- Email marketing (In some cases)
B – Standard Products
This is the most common category of products online. These are information products (ebooks, audios and videos), web, desktop and mobile applications. With a little investment, you can be author of the next best-seller in your niche.
2 – Email Marketing
Email marketing is one other solid way to make money online. This is simply
collecting email addresses of people in your niche and trying to sell something to them. Building an email list of targeted subscribers can be a very profitable source of income.
While Email marketing can be successfully done without having your own product to sell, product creation is another beautiful way to build a very profitable (buyers) list for further Marketing.
How to profit from Email Marketing without owning a product.
Collecting emails and building a list is a way of creating your own powerful and trusted marketplace. There are two unfailing ways to generate income from your own list (Without having your own product):
1 – Affiliate Marketing: This simply is selling others’ products to earn a commission on each sale. All you need to do is study the product and be sure it’s the best to send to your list. Then send a mail to your list recommending the product. A single mailing campaign can generate a huge amount of income. However, that’s as a function of the size of your list.
There are a number of recommended affiliate products networks out there like Clickbank, CJ, Digiresults,JVZoo,e-junkie,paydotcom etc. All you have to do is create a free account on one or more of them and select the right products to promote to your list and earn their commissions.
2 – Solo Ad: In basic terms, Solo Ad is when someone pays you to mail to your list on his behalf, with a recommendation and link to his page.
That’s another easy way to make money with your list. However, you have to be cautious not to send a mail that will annoy and send your members off your list.
3 – Sell your skills
Most of us have skills that we can use to make money online. These include:
- Design
- Web design
- Web development
- Article Writing
- SEO
- Social Media consulting
- Mobile Phone Apps
- Video production
- Etc
You may want to sell your services on platforms like eLance, Getacoder, Freelancer, Fiverr, SEOclerks and a couple of others. If you are good at what you offer, you’ll be earning remarkably. No room for mediocrity
There are tons of other ways to make money online. Some are blackhat, others Whitehat and some Greyhat. However, if you want to be sure of a handsome amount every month, be involved in one of these three.
Now let me hear your beautiful comments. Share more about these methods or some others. Also share this post with your friends on social media. I’ll be excited to see you do just that.
Waiting to hear from you
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These 3 ways are sure shot ways to make income fast, creating own products and selling it to people is not most all try to do earn income. Congrats to your effort Enstine.
Thanks for your visit and comment Naveen
Will be hopping to see you here again.
Have a great week
HI Enstine
Great post!
I am currently working on your suggested third point but it is very less these day as blogging is taking toll. I hope to move to first point of yours in near future for sure.
Thanks for sharing this.
Sapna
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Sapna recently posted..A Naive Bloggers Day Without Electricity
Hi Sapna,
Good to see you here today.
I’ll be glad to get a copy of your product (that’s the first point). Keep me updated when it’s punlic
Thanks for your contribution
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Enstine Muki recently posted..How I Made $29000+ In My First Year!
Again I have got a wonderful article in your blog, all are the best ways to earn online,but I just want to add something in last way of earning that is
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” Do not sell yourself only sell your skills specially while working online”.
hamayon recently posted..Who Is The Competitor Of Google? There Are More Then One
Haha! “Don’t sell yourself…”
What you have to sell are your skills
Thanks for that comment Hamayon and hope to see you hear again
I’ve said so because many freelancers sell there skills like “payment after work”, this is So risky that’s why I said don’t sell yourself.
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hamayon recently posted..Netbooks VS Notebooks VS Laptops – The Ultimate Comparison
very cool ways for making money thanks for sharing
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make money online recently posted..Great SEO Advice To Boost Your Web Traffic
Rock solid ways Enstine and this year I’ll be going the product route. I’ve done that in the past but nothing really I was able to say I created. This year will be different so it’s a whole new direction for my business.
Great tips my friend, thank you for sharing these.
~Adrienne
Good to see you here today Adrienne and thanks for your comment.
I can’t wait to jump on your product
Hello dear:
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i have found your website through your comment on other blog, and really i liked your blog much, you have quality contents that attract the readers and compel them to comment, very nice post easily understandible.
thanks
Mohammad ismail recently posted..Top 10 Ways To Boost Traffic As Well As Sale Through Pinterest
Hey Mohammad,
Thanks for following the comment and coming to my blog and thanks for your beautiful words. Hope to engage with you more and more.
Have a great weekend
I have tried most of these methods to earn money online . But I don’t think tat E-Mail Marketing is a great idea for a steady income .
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Navneet recently posted..How to replace the default image verification on MyBB with reCaptcha
Hey Navneet,
If Email Marketing does not work for anyone, it’s the way his/her list is handled
Well, thank you Enstine for giving me this great tips. I will remember those three points and try to realize it. I agree with it and I am sure it must work.
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Heru Prasetyono recently posted..Make Money With Facebook!!!!
Hey Heru,
Good luck as you pick up any of them for your money making trip
Good ways of making money online. Product creating is probably the hardest. I suppose the most easiest of them all would be ebooks but now that the market is flooded with so many ebooks that no one wants to hear that word. I like the idea of offering services.
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Shalu Sharma recently posted..Pictures of India Gate
Hahaha Shalu! Ebooks still their place in the market though almost everyone is writing them. What makes the difference now is the quality of content.
thanks for stopping by
Enstine – Those are 3 proven methods of making money. I agree that creating your own product can be most productive and will have far reaching and long lasting revenue generation. But not for everyone of us for sure, it really needs some creative thinking and being the first in the field.
I have recently started out building my email list and thanks to mailchimp, it has proven successful and have quite a good number of people on my list.
Let me see if i can reach out to any solo advertisers who might be interested in promoting their products or services with them.
Thanks for sharing this wonderful article.
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Praveen Rajarao recently posted..How to create Windows Apps
Hi Praveen,
I heard Mailchimp does not allow Internet Marketing Campaigns. Have you checked that out?
This is a great list! A lot a value and important, but the real question after reading this is what action will I take and others? It’s about taking action towards one of these avenues that you have explained very nicely.
Thanks for sharing,
Eric
Hey Eric,
That’s an important question. You have to identify your strength where to start. You can’t be doing all these at the same time. Where to start is always a big issue but you have to look deeper into you and discover where you are comfortable.
Good luck bro
Great Post Enstine, I really love the Idea of product creation, I guess I will go that way this year.
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Joseph Adediji recently posted..5 Tips for Writing Taglines that Convert First Time Readers
That’s a solid way to ensure income online bro
Go for it
Great ideas there. Am exploring email marketing this year and also working on making more money from my skills. Well done bro
Hi Jide,
Good to see you here today and thanks for your comment.
I just started Email Marketing too this weekend and I’m sure it’s going to be a great experience
Have a splendid weekend
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Enstine Muki recently posted..3 Rock Solid Ways To Make Money Online!
Hey Enstine,
It is harder to sell the skills. At least getting started is harder.
I am actively looking to sell my skills on elance. I am new there. Thanks for your encouraging article.!
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Shahzad recently posted..THE END of Guest Posting: ProBlogger and DBT Closed Guest Post Submission
Hi Shahzad,
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I wish you the best on eLance. Please tell us your skills here. I (we) may be in need of your services
Enstine Muki recently posted..How I Made $29000+ In My First Year!
I think you may not need it
I am not a developer.
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I am selling article writing and blog migration services on my blog.
Thanks anyway!
Shahzad recently posted..THE END of Guest Posting: ProBlogger and DBT Closed Guest Post Submission
It’s always important to know man. My readers will surely be interested. Thanks for mentioning it here
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Enstine Muki recently posted..How I Made $29000+ In My First Year!
Enstine, another great post on how to make some money! I agree with your first point. Creating your own product and building your brand around that product is what is going to bring you from the crowd of millions of other bloggers. This is the strongest thing that you can do with your blog.
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Wade recently posted..The Psychology Behind Traffic From Social Media Sites
I got good reward from doing this bro. I’m working on another that will be out soon
Hope to share that with you too in more details
Very helpful post! Making money online is so far the best job I found. You get to be your own boss working at your most convenient time. You just have to know what it is you want and can do.
That’s right Sarah. It gives you freedom. One issue is to be able to plan for old-age days
Hi,
Thanks for sharing the money making tips. There is great opportunity that lies in the internet. And as you say, it could just by starting a simple blog. However, people need a step by step clear system to follow and to get solid results. Check out my blog
Source: Wise Internet Marketing Blog to learn a step by step approach to be successful online
Hi Dave,
Thanks for visiting and commenting.
Hope you have a nice week
I just started my blog. I hope I can optimize my blog so it can be useful for me and for others. But often there are some problems I don’t understand about website such as why I often get error message (500 internal server error) in my blog and it is loading slowly, too. I am affraid this will discourage the visitors to come back to my blog. Any suggestion for me. Thank you very much before.
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Heru Prasetyono recently posted..Kidney Disease Diet Renal Failure Diet – Kidney Diet Secrets – Dialysis Renal Cookbook Recipes
Hi Heru,
The 500 internal server error message is often an issue with unending processes running on your shared space. IMAP sometimes causes this especially if you are downloading a bunch of mails. This error is common on hostgator shared servers. An immediate solution will be to upgrade to VPS if you really don’t want to switch host. If you are also getting reasonable traffic on shared server, be sure to often hit this error
Great post. Here are a few more solid and highly legit ways to make money for free and as an affiliate. It’s definitely a great site for anyone starting out who may not be too familiar with on the online things just yet.
Thanks for visiting and commenting. I do really appreciate.
Have a great weekend
thanks bro. the issue of skills that’s were i come in.
am a web designer
i love your blog bro!
hope one day we can team up online!
Yeah sure. Nothing stops up from moving ahead together
Nice Post, Really helpful Thanks for the useful post Enstine!
Thanks for reading and commenting bro
you are awesome bro. you have plenty idea’s to make money. i like to read your posts.