Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
You may decide to create free videos as extra content for your blog, and not sell them at all. If this is the case then you can still make money from these videos by selling advertising space on them (in the same way as discussed for monetizing podcasts). Once you have high volumes of traffic visiting your blog, and watching your videos, you can charge businesses to advertise at the beginning of your videos. Use website’s like Izea to help you connect with companies willing to pay to advertise on your blog.
I don’t point all of this out to burst anyone’s bubble, but rather because I have been an entrepreneur for long enough now (more than two decades) that I have learned that it pays to be a realist. The heart of any good business strategy is truly understanding and correctly diagnosing your situation, and the above facts are critical for anyone hoping to succeed at selling online courses.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can't recommend it enough.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
The second mistake worth mentioning is that my email list includes a lot of people who followed me when I wrote more about budgeting, so the match wasn’t 100% aligned. I’ve asked people to unsubscribe who aren’t into the new “design your dream life” theme of my blog, but many still remain. This is totally fine from a content perspective, but it just means that selling to this list is harder.
People go online for a variety of reasons, including for entertainment and socializing. But the Internet is also used to find information and learn new things. Not sure how to use a new piece of software? There is probably a video tutorial on YouTube. Want to know what you can make for dinner with the three ingredients you have in your fridge? Check Pinterest for a recipe.
The second problem was the final night of the launch, I had a problem with payments going through. It’s still unclear why. But this is the worst time to have payment problems. I still have many payments outstanding that show $0 earnings, which is why I titled this post $5k and didn’t give the exact number at first – I didn’t know the total until the following day! I even had 2-3 people have to wait to buy until the day after the launch. Really terrible timing!
Balfour did all the filming and editing for her courses by herself. But it wasn’t easy. “The most difficult aspect is the video editing,” she says. “Like most people, I didn’t initially understand how to shoot video the right size, how to export it, upload it, and fix the noise.” She used the screen recording and video editing software Camtasia, which she describes as “pretty user-friendly, but it did take time.” All of her videos are screencasts – videos of her computer screen – but if you’re planning to do a “talking head” style video, you may want to hire a professional crew. “Those are more complex,” she says, “so I’d suggest you go into a studio and get good lighting and audio.”
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income.
Prior to that group, they had an online community for teachers looking for lesson plans. That probably sounds pretty random, but it's crazy the type of communities you can build and rally people around. If it's something that you're passionate about yourself and you want to connect with others that have that same passion, then an online community is something you should definitely consider.
You can earn above average rates of return because peer-to-peer lending eliminates the bank function. That means that you participate in nearly the entire interest rate being paid by the borrower, rather than the less than 1% that you will typically earn on certificates of deposit. And you can reduce your risk by investing in slices of hundreds of different loans.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
Creating space for banner ads on your website is another way to generate a revenue from adverts. However, for this type of advertising, you will need to contact businesses directly and ask them if they would like to advertise on your website. The upside is that you can charge a set amount, or even a recurring monthly fee, to business to promote their services on your site. Using a WordPress plugin like AdSanity is an effective way to manage this type of advertising.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
Taught by Phyllis Khare (author of Social Media Marketing eLearning Kit for Dummies) and Andrea Vahl (author of Facebook Marketing All-in-One for Dummies) — this training course will teach you everything you need to know about becoming a social media manager! This course contains six modules that are taught over a six-week period. The cost for this class is $597 with the option to pay in three installments of $208.42.
With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.