Every customer Crestani convinces to buy generates a significant cut for his company. In one example, he says he receives $40 for every sale of a $90 product. Crestani’s firm Nutryst also recruits and teaches other affiliates to sell these products for them, creating a network effect that generates massive revenue well into the six figures every month.
John. Now that you have social proof, lots of students, and great ratings, this is the perfect time to bring the course over to your own website and start your own marketing. You can get a lot of visibility on Facebook for $5 or less per day! And you can start to experiment with raising prices a little and keep all the profit instead of splitting it with Udemy. I like Udemy and I think it’s a great place to start and use a strategy like this when you’re first building your list and credibility as an instructor. Time to branch out on your own!
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
Writing copy for websites is another great freelancing option for those who have a way with words. Copywriting can involve writing the text for websites, press releases, promotional offline materials including leaflets and brochures, and any other professional text for businesses. While writing blog posts is well paid it won’t make you as much money as writing copy for sales pages. However, clients can be more fussy, as they want the highest quality writing for the forefront of their website or advertising campaigns. Many freelance writers offer both copywriting and blog writing amongst their services. This can be a good way to juggle regular but lower paid clients (blogging) with the higher paid but ad-hoc project based copy work.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
Clearly, there's a lot of demand on Amazon, and if any product is going to sell, it's going to sell well on Amazon. But the goal here is to source the right products that will easily sell at the world's largest online retailer. Generally, products between $10 and $50 sell very well here. Just be sure to do the right market research before jumping on this bandwagon.
Another strategy to make money online is to become a social marketing manager. Being present on social media is key for any business that wants to attract new customers, promote their products and grow their following. However, constantly posting, liking and commenting on the numerous social media channels is extremely time-consuming. More and more businesses are recruiting social media managers to run and organize all their social media. And to save money, social media employees are often employed as online freelancers.
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.
Caitlin Pyle has been earning a full-time income proofreading transcripts for court reporters since 2012. Today she teaches other aspiring proofreaders how to do the same. The full cost of her course is $897 — but it can be broken down into payment “chunks” of $197 (modules 1 – 2), $400 (modules 3 – 5), and $300 (modules 6 – 9). To figure out if proofreading is the right career path for you — sign up for Caitlin's FREE seven-day intro course.