Creating and selling online courses can be quite lucrative if you’re able to provide a great course and reach your target marketing. Plus, with easier to use and more affordable resources to host your course, there’s no reason to avoid becoming an online instructor. While it can take time to create all the lessons in your course, once uploaded, it can become a profitable source of passive income to your existing business or as a business all on its own.
There are a huge variety of loans on the market. That means you can control your level of risk and reward. For example, lending to highly-qualified borrowers might product 4-5% per year in interest. However, lending to less-qualified borrowers can pay 15% or more. The greater the risk, the bigger the reward, and you get to decide what your risk preferences are.
In this lesson I teach you how to set up a mailing list and autoresponder newsletter using Aweber. This includes how to do automated messages with preset time intervals, as well as one-time broadcasts. I go over how to set up an inbox sign up form and a lightbox sign up form (the one that pops up). I also go over best practices for setting your mailing list so you grow your list faster and build a loyal following.
A final option is a service such as Teachable or Ruzuku, both of which offer some of the benefits of self-hosted with the ease and speed of Udemy. These options have easy creation and upload like the course service marketplaces, but you can add your own domain, and customize your school like in self-hosted options. Some offer their resources for free, with more bells and whistles with paid plans. Most integrate with PayPal, or you can use their payment service.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
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Launch jacking today is extremely saturated with people who are either reviewing a product that hasn’t even come out yet (in other words, they’re just repeating the sales copy), or from insiders who get early access to the product. The problem with being an ‘insider’, is that the privilege is only given to those who hype the product. If you become known for giving unbiased reviews (saying anything that could hurt sales), product creators will stop giving you early access to their products. So to remain in the circle, you have to sacrifice honesty… or at the very least walk a fine line.
Just be sure to put a lot of care into your product listings. Everything from the titles you use, to how effective the description is at convincing potential buyers your product is better than the rest, and even taking care to shoot high quality product photos can have a dramatic impact on your sales. I recommend using photo editing tools like Fotor, which gives you the ability to edit your images, create captivating graphic designs and more.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.