Most people who want to make money online need to make cash fast. But unfortunately, the most lucrative ways to earn money online require that you put at least three months of solid attention into starting your own business.
Online jobs tend to pay quite low. However, to earn a real living, you need to be a business owner and establish your own price.
You have to build a web presence, establish a YouTube channel, write your own blog, or become a drop shipper. This might mean taking an online course to upgrade your skills.
Nobody makes extra cash online in just a few minutes. As the old saying goes, “You might have to invest money before you can make money.”
The Basics of Making Money Online
Before you can start earning money online, you must have a few basic elements.
- A laptop or computer
- A reliable internet connection
- Verifiable identification
- An online savings account for direct deposit
- Payment platforms such as Paypal, Payoneer or Transferwise
Depending on what type of job you are looking for or your preferred business model, you might also need some additional hardware such as earphones, microphones, or a telephone connected to a landline.
Quick Ways to Earn Money Online
In need of some quick cash? Here are some ways to start making money online, but only if you are feeling a little bit lucky.
Online Surveys
Some online survey sites will pay you for your opinion with points you can redeem for cash, discounts, or rewards.
Be sure to test websites before you put a lot of effort into them, as many pay rewards rather than cash. You can find ads for these sites on the Facebook marketplace.
Making extra cash this way is simple. You register and establish your payment method. You then fill out a survey and mark it as complete. The market research company then sends your pay to your chosen payment method.
However, this process can be very time-consuming, as you have to fill out new forms for each new survey or test website. In addition, you can’t usually get paid until the money in your online survey account reaches a certain threshold, such as $110.00.
Playing Games Online
If you love to play games online, you might be able to make a bit of cash, as some apps, such as Swagbucks, will pay you just for downloading their game on your phone. That is about the closest you will ever get to make free money online.
Other apps like Mist Play Games will pay you a fraction of a cent for every minute you spend online playing their games. Some offer a payout every time you watch an ad.
Keep in mind that nobody makes money playing games as a full-time job. For one thing, not all of them payout in cash and instead reward you with discounts and opportunities to play similar games.
Casino sites are also considered to be a form of gaming online. Many of them payout in cash. Online domestic and offshore gambling is legal in the United Kingdom, but it is not a reliable way to make or save money.
Video Game Streaming
If you are a younger, motivated video game player, you might be able to make some money by broadcasting your games live on a site such as Twitch or Streamlabs. The chances are that many gamers are already on a live streaming platform so that they can play with others.
This method of making money only works for beginners who are amazing gamers and somewhat proficient with gaming technology in the first place. The idea is that your fellow gamers will express their admiration for your playing skills by making a credit card or Paypal donation.
Make Money Online Part Time
Would you like to start a business venture that earns you a part-time income online? Here are some ways to make money online that can be quite lucrative, as long as you are willing to be patient and put some time and effort into it.
Affiliate Marketing
Affiliate marketing might be for you if you are a good salesperson. This type of work involves marketing goods and services online, and in return, you receive part of the sale.
Digital commissions can be structured in different ways. Some companies may even payout every time one of your leads clicks on your link. In addition, you can earn passive income by using Google Adsense to sell a company’s products.
Affiliate link marketing works best if you already have your own website or email list. Affiliate marketing without a website is called “bum marketing” and involves posting an affiliate link in comment areas or links.
Blogging
Once you start a blog, you will find that there are multiple ways to make money with it, including placing affiliate links to Amazon or other sites and asking for donations via Paypal or Patreon.
Yet another way to make money with a blog post is to use it to sell your own books, art, or merchandise. You can also make some content exclusive to members and raise money by selling memberships.
Drop-Shipping
Drop-shipping requires setting up an agreement with a third-party seller and then selling their goods online. The selling is usually done on your own turnkey website or on a blog that you create yourself.
Once you have allied yourself with a drop shipper, you can choose your own niche area to sell online from, and the drop shipper takes care of the rest. Goods from your online store are sent to customers, and you collect a percentage of the sale.
Freelance Writers
A successful freelance writer requires basic grammar and language skills to make money online. Several freelance platforms allow you to create a profile and sell skills.
Guru, Upwork, and Fiverr connect writers with clients through a paid membership community. Sought after skills include editing, data entry, transcription, translation, and the ability to manage Facebook ads.
It is also worth your while to establish an online presence and sell your freelance writing skills to local businesses. In addition, you can advertise as a freelance writer on social media.
Online Tutors
One-on-one online tutoring services are very much in demand. If you have an area of specialties such as teaching English skills, maths, or digital skills, you will likely build a client base quite quickly.
It’s quite easy for a beginner online tutor to find students by listing your talents on My Tutor UK or Uplearn. You can also list yourself as a tutor in your local online classifieds.
Virtual Assistant
Being an online assistant is very much like being a real-life secretary or assistant, with the main difference being that you are not sitting in the same office as your boss.
Even small business owners are on the lookout for virtual assistants these days. You can also make extra money working as a call center agent.
This type of remote job requires you to follow a set schedule. You also need to be familiar with the latest remote software and apps that facilitate daily office work.
You will answer phone calls, compose emails, and schedule meetings on a shared calendar. In addition, you may be required to manage online services or an online store.
Your chances of being hired as an online assistant are increased if you have project management software that can ghostwrite blogs or ads and are familiar with a social media platform.
Podcasting
Podcasting works the same way as blogging, except you are broadcasting instead. There are several ways to generate revenue streams from this way of making money online.
Podcasters often earn money by asking for donations on sites like Patreon or Buy Me A Coffee.
People love watching videos. They do support their favourite shows. They will also shop online and buy your merchandise.
You can make more money from an affiliate program embedded into the YouTube video. You can also create online courses and other products to go with it.
However, creating all of this material and media is not completely free. It requires a substantial investment of your time and money.
Avoid Online Money Making Scams
Take all of the information you discover about making money online for beginners with a grain of salt.
Watch out for job applications that are, in reality, phishing for your private information or charging you a fee. An online business will not charge you for taking surveys, market research or an online job interview.
One of the most common scams is the offer of free cash or gift cards in exchange for watching videos or shopping online.
Be wary of terms such as exclusive opportunity, golden opportunity, or high risk. In essence, if an offer seems too good to be true, it probably is.
Summary
Patience is the key to starting an online business. There is no real way to make money online fast. The best you can do is earn free gift cards on survey sites.
No online employer will pay you just a few dollars to work for a day or on the same day. Most gaming sites and product review sites do not pay out immediately and will make you meet a threshold or wait 30 days.
The best way to start making money online is to get some advice about personal finance, go into business for yourself, and earn a passive income.
The second best way is to sell services on a platform that markets you and then reap the rewards of a weekly payday.
Above all, always research the opportunity you are about to get involved with and beware of scamming online platforms.
