17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
Dropshipping businesses have become an extremely popular way to make money online over the last decade. Dropshippers source products from manufacturers, then sell the product through their online store. When a customer places an order, the item is shipped from the manufacturer directly to the customer’s home. You never have to store inventory or manage orders. Shopify, one of the most well-known eCommerce platforms online, offers a free 45-minute workshop on how to start and launch a dropshipping business.
Through a video, you’ll communicate your ideas and feedback to the entrepreneur while navigating their website or app. Your video is only 20 minutes in length, so if you do three videos per hour, you’ll make $30. It can be pretty competitive, so you have to act fast when a new website or app is added to be reviewed. Those who want to earn money online by reviewing software can use a tool called Software Judge.
If you don’t have the time or just don’t prefer to work with clients, selling digital products offers another way to make money online with your know-how. There are many types of digital products you can create and sell, such as planners, templates, or workbooks. You can drive people to your digital products through Pinterest, social media, or creating content such as blog posts that rank in search engine results.
Making money by starting a blog is more realistic than you may think. Bloggers make money by advertising for companies they’re affiliated with. When users click an affiliate link and make a purchase, the website owner earns a commission. There are other ways to make money blogging such as by displaying advertising, selling your own products, or writing sponsored content.