10 Best Ways to Make Money Online in 2020
How To Earn Money?
Maybe you want to create a separate stream of income to pay a few bills? Or, you’re simply looking for a way to replace your current job? Whatever your reason, there are a ton of different ways how to make money online.
However, be careful — some of those methods can be malicious, as there are many scams or other illegal activities out there.
Below you’ll find more than 35 different ways you can make money online that actually work. Some involve creating your own website, but you’ll also find methods that use the built-in audiences of existing platforms.
How to Make Money Online With a Website or Blog
One of the most time-proven ways to make money online is through your own website. You pick a niche, generate traffic, and then sell your products and services to your audience.
Here you’ll learn how to make money online with affiliate marketing, products, selling your own physical goods, courses, and a lot more.
Keep reading to learn about different ways to make money online.
Make Money With an Awesome Blog
A lot of people start a blog as a way to express their views or as a creative outlet.
However, there are many cases of people not only earning a living from their blogs but even turning them into massive companies, like the Livequranforkids(www.livequranforkids.com) Post.
Start an Affiliate Website
An affiliate marketing site is built upon recommending or reviewing certain products. Then, when a reader buys that product through your link, you’ll receive a commission.
Build an eCommerce Website
eCommerce sites have exploded in popularity in recent years. With the prevalence of platforms like WordPress and WooCommerce, creating an eCommerce site couldn’t be easier. Learning Koran Online
Resell Web Hosting
Resell hosting is another great way to make money online.
Create cPanel-powered web hosting accounts
Set custom resource limits (i.e., disk space, bandwidth)
Conveniently manage all accounts using WHM
Create a Digital Course
It seems like digital courses are everywhere today. So, if you have valuable knowledge that someone would pay for, this could be a great opportunity.
In addition to having your own courses, learning platforms such as BitDegree offer a chance to become an instructor. It’s a unique opportunity to pass your skills and experience to thousands of people who are eager to learn something new.
Create a Membership Site
Membership sites have exploded in popularity recently and the idea is easy enough to implement. It does, however, require having an existing audience of some sort.
For example, Mark Manson runs a popular self-development blog. On his site, there’s a membership portion that gives users access to online courses, videos, and additional article commentary. For fans of his work, it’s a great deal.
People are already visiting your website because they like what you write about and how you use your style. So, you can create a membership section of your site that offers premium content.
Sell Advertising Space
We’ve all seen sites that use advertising throughout their content. Sometimes the ads are intrusive, but other times they integrate naturally with the content.
Monetizing your site via advertising is usually reserved for when your site is receiving a large volume of traffic. If your traffic numbers are high and only continue to grow, then this option could be worth exploring for some extra cash.
While the amount you’ll get paid will depend upon the network, you’ll usually get paid based upon the number of impressions or clicks.
Sell Your Services
Selling services from your website is one of the fastest ways to online money making.
Create a Subscription Job Board
Job boards can be a rather profitable way to earn a living with your website.
The process is simple — people looking to hire someone in a specific niche will post a job listing on your site and your visitors will apply for the job.
Create an Online Directory
Online directories aren’t as popular as they used to be, but they can still be profitable.
They work in a similar fashion to the job board above. But, instead of people paying to post jobs, or get access to the job board, they’ll pay you a monthly fee for a directory listing.
If you have an authoritative site or get a lot of traffic, then these listings are pretty valuable.
Finally, one of the most profitable ways to make money from your website is to sell it.
Depending on your site, this can be a pretty profitable option.
Empire Flippers marketplace.
On average, your site will sell for a few times more than what you usually receive per month. This number will depend on a variety of factors, but you can generally expect to sell it from 12 to 30 times your monthly passive income.
The following factors will influence the final result:
The age of your site
Your domain authority
How much traffic your site receives
How much profit you generate
Your revenue diversification
The steadiness of your revenue
Whether your site is growing or stagnating
If you’re curious how much sites will generally sell for, then spend some time browsing through the Empire Flipper listings.