Let’s start our list off with one of the most popular ways to make money online. According to Google Trends, dropshipping’s popularity is rapidly growing, highlighting its viability as a way to make money online. With success stories about how an entrepreneur made $6,667 in eight weeks or how a store owner made six figures selling just one product, there’s plenty of proof that dropshipping is a real way to make money online.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
“In recent years, YouTube has grown into the go-to source for all manner of video courses and guides,” says International Living. “Instructors can monetize their videos by charging a subscription fee or password protecting content for paying customers only.” This article shares some tips from one real estate agent who made $100,000 in one month on YouTube. Another piece of advice from International Living: Get to know the phrases that people search for. To find potential search phrases, start typing “how to [your topic]” into YouTube’s search bar and notice what phrases are generated in the auto-fill dropdown. Make sure to use the same keywords when you write your video title, description, and tags.
Are you a fast typist? Transcribing is simple: Listen to an audio file through headphones and type it out. “As a transcriber, your pay is directly related to how fast you type,” advises International Living. “Transcription jobs are paid by the audio hour (the length of the audio file), rather than by the hour worked. The time spent on a transcript is influenced by the audio quality, background noise, the accent of the speaker and the speed at which people speak.” The average transcriber—typing between 75 and 100 words per minute—will complete one audio hour in four hours worked. Consider the company Rev.com, which hires freelance transcribers.
If you have gift cards lying around that you don’t want, you can sell them on Raise. When you enter your gift card, Raise will give you a suggested selling rate. You can change this to set the price at whatever you believe is fair. It’s free to list your gift card on Raise, but once it sells, the site will keep 15% of the selling price and you’ll receive the remaining 85%. For example, if you list a gift card with a $50 balance for sale at $45, Raise will keep $6.75 and you’ll receive $38.25.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
There are five ways to monetize your Twitch channel: selling products, brand sponsorships, fan donations, subscriptions, and Twitch ads. As a Twitch streamer, you’ll want to focus on tapping into all five monetization methods to ensure the highest financial gains. You could make more on Twitch than YouTube, making it one of the best money making ideas for video creators.
If you have gift cards lying around that you don’t want, you can sell them on Raise. When you enter your gift card, Raise will give you a suggested selling rate. You can change this to set the price at whatever you believe is fair. It’s free to list your gift card on Raise, but once it sells, the site will keep 15% of the selling price and you’ll receive the remaining 85%. For example, if you list a gift card with a $50 balance for sale at $45, Raise will keep $6.75 and you’ll receive $38.25.
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