Make Money Online
Making money online used to pretty much require you to have your own Web site, products to sell and some marketing savvy. But a new generation of dot-coms have arisen that will pay you for what you know and who you know without you having to be a web designer or a marketing genius.
But
it's hard to tell hype from the real deal. I did a search on "make
money online" and "making money online", and much of the information
out there is just promoting various infoproducts, mostly about Internet
marketing. I see why people sometimes ask, "Is anyone making money
online besides Internet marketing experts?"
So I put together a list of business opportunities with legitimate companies that:
- Pay cash, not just points towards rewards or a chance to win money
- Don't require you to have your own Web domain or your own products
- Don't involve any hard-selling
- Aren't just promoting more Internet marketing
- Give a good return on your time investment
In
the interest of objectivity, none of the links below are affiliate
links, and none of them have paid or provided any other consideration
for their presence here. These are legitimate companies with business
models that allow you to get paid for a wide range of activities.
Help friends find better jobs.
Sites like ReferEarns, Zyoin, Who Do You Know For Dough?, and WiseStepp
connect employers with prospective employees, many of whom are already
employed and not actively job-hunting, via networking - the people who
know these qualified candidates. Rewards for referring a candidate who
gets hired range from $50 on up to several thousand dollars - not
chump change. If you know a lot of job-seekers (and who doesn't these
days?), this is a great way to break into the recruiting business with
no overhead.
Connect suppliers with buyers.
Referral
fees are a common practice in business, but they haven't been used
much in online networking sites because there was no way to track them.
Sites like Salesconx, InnerSell and uRefer
now provide that. Vendors set the referral fees they're willing to pay
(and for what), and when the transaction happens, you get paid. uRefer
also allows merchants to set up referral programs for introductions
and meetings, as well as transactions.
Write.
A growing number of sites will pay for your articles or blog posts. Associated Content and Helium
will "pay for performance" based on page views for just about anything
you want to write about. Articles on specific topics they're looking
for can earn direct payments up to about $200. The rates are probably
low for established writers, but if you're trying to break into the
field and have time on your hands, they're a great way to start. Also, a
lot of companies are looking for part-time bloggers. They may pay per
post or on a steady contract. Our Weblogs Guide posts blogging jobs weekly in the forum.
Start your own blog.
You don't have to have your own Web site, or install blogging software, or even figure out how to set up the advertising. At Blogger
you can set up a blog for free in less than five minutes without
knowing a thing about web design, and Blogger even automates setting up
Google AdSense so you can make money off your blog by displaying ads
and getting paid when people click on the ads. To make even more money
from it, set up an affiliate program (see below) for books, music,
etc., and insert your affiliate links whenever you refer to those
items. You'll have to get a lot of traffic to become a six-figure blogger, but pick an interesting topic, write well, tell all your friends, and you're off to a good start.
Related: Monetizing Your Blog
Create topical resource hubs.
Are
you an expert on a particular niche topic? Can you put together an
overview of the topic and assemble some of the best resources on the
topic from around the web? Then you can create topical hubs and get paid
through sites like Squidoo, HugPages and Google Knol.
Payments are based on a combination of ad revenue and affiliate fees.
You'll get higher rates doing it on your own, but these sites have a
built-in supply of traffic and tools to make content creation easier.
Advertise other people's products.
If
you already have a Web site or a blog, look for vendors that offer
related but non-competing products and see if they have an affiliate
program. Stick to familiar products and brands - they're easier to sell.
To promote those products:
- Place simple text or graphical ads in appropriate places on your site
- Include links to purchase products you review or recommend in a blog, discussion forum or mailing list you control
- Create a dedicated sales page or Web site to promote a particular product
Related: How to Really Make Money on the Internet With an Amazon.com Affiliate Site
Microstock photography.
You
don't have to be a professional photographer to sell your photos for
money. People are constantly in need of stock photography for websites,
presentations, brochures and so on, and are willing to pay for the
right image. People generally search for images on stock photography
sites by keywords, not by photographer, so you have the same chance as
anyone else of having your image picked. Just be careful that you don't
have images of trademarked brands, copyrighted art or people's faces
that are readily identifiable (unless you have a model release), but
just about anything else is fair game, and I promise - you'd be amazed
what people need pictures of, so don't make any assumptions. If it's a
decent photo, upload it. Some sites to get you started include Fotolia, ShutterStock, Dreamstime and iStockphoto. The great thing about this is that it's truly "set it and forget it".
The
above list is by no means comprehensive, but it highlights some of the
new and interesting ways to make money online without investing any
money, without having a product of your own, and without having expert
sales and marketing skills. Most of all, unlike taking surveys or
getting paid to read e-mail, the potential return on your time
investment is substantial.
Finding Freelance Projects
There is a huge number of freelance projects posted on the Internet,
usually on intermediary freelancing platforms. Websites that allow
entrepreneurs and virtual workers to engage in business relationships,
charge a commission for their service. All freelance projects come with
description, requirements, deadline and specific details.
Freelancers
decide whether a certain project meets their work profile, thus
bidding on those that correspond to their work specificity. For
instance, designing a website for gambling may contradict the moral
beliefs of one coder, yet, such freelance projects will be taken over
by those who don’t have qualms on the topic.
The
financial aspect is one other issue with many freelance projects.
Every worker charges the amount that he/she believes to correspond to
the work effort necessary for the project. The way people evaluate and
express their time and skills in terms of money varies greatly
depending on objective and subjective factors:
- the freelancer’s cultural background and country of residence;
- the living standards in the country or state of residence;
- professional training (academic degrees – associate, bachelor or master of Arts, Science etc.);
- the level of experience in the domain;
- the freelancer’s confidence in his/her professional skills etc.
For
example, many excellent South-Asian freelancers take up freelance
projects for a fraction of the price charged by European or American
self-employed workers. When a freelancer becomes member of a website
that intermediates freelancing projects, he/she receives notifications
of various jobs available as well as invitations to bid on specific
projects.
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