Posted on May 15th, 2020 in Money
Since the start of COVID-19, more and more people have been forced to stay at home. Some of you working, some of you not. In this post, we’re going to review the best and easiest ways to make money online in 2020 and beyond.
Making money online isn’t complicated, but it does require a lot of time and effort to become successful, just like working a full time job. If you’ve suddenly found yourself with lots of free time, or if you just want a way to have some extra money coming in on top of your pay check, this article is for you.
So here are best and easiest ways to make money online. (In no particular order.):
Google Adsense is Google’s advertisement publisher platform. If you already own a website that gets a significant amount of traffic to it, Google Adsense may be for you. With Google Adsense, advertisers pay Google to promote their products and services. One of the platforms Google uses for this is called the Display Network. Websites on the display network show Google’s ads on their websites in exchange for a percentage of the ad spend budget. With Google Adsense, you’ll earn money every time someone clicks on one of the ads displayed on your website. The amount of the click varies greatly, and can range from just a few cents to over a dollar, depending on the topic of your website or blog, the the cost per click to the advertiser.
YouTube is another platform that has made it possible for you to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.
Marine officer turned men’s fashion expert, Antonio Centeno has built a multi million dollar business from his YouTube channel, Real Men Real Style.
Affiliate Marketing is a time tested method for making money online. With affiliate marketing, your responsibility is to promote the product or service of the affiliate partner. Each any every time someone purchases that product or service through your affiliate referral link, you collect a commission from the affiliate partner site.
Common ways to promote your affiliate links are through blog articles, social media, and you’re own website. However, some affiliate programs also allow their affiliates to set up PPC campaigns through Google Ads or Microsoft Ads to sell their products.
When choosing an affiliate program to work with, look for higher commission rates. Rates in the 20-30% range are good, while you’ll want to stay away from the < 10% affiliate programs, unless their products or services are so high dollar that it makes it worth it for your time and effort.
At Excite Digital Properties, we have our own affiliate program, with offers a 31% commission on all of our digital products.
This may not sound like one of the easiest ways to make money, but it’s surprisingly easy to do. And while it will certainly take a bit longer to establish, you won’t be sharing the profits with anyone, and once established and profitable (about 3-6 Months), is something you can own and run forever.
Going off on your own may seem like a scary and daunting task. But the reward can far outweigh the risk if you do your research, and put in the time and effort to making it successful.
You may already have an idea of something you know or make better than anyone else. Something people would pay money for. Or, you may be able to identify a need in your local community that can translate to a need for the population at large.
This is what we did at Excite, we started out by creating practice exams and study guides for professional licenses. (Registered Nurses, Counselors, and Medical Assistants.) We identified a need for this information locally, and started promoting our products on a small scale at the local universities and colleges.
Within about 3 months, we were getting orders from cities outside our local area, and soon after it spread through the online schools. Students found our study guides so helpful, that they were referring their classmates to download our product.
Our business model was so successful, that we then started to create other self-help products. And finally, we created the online income kit, as a way to help other people emulate our success with a similar business model of their own.
With the Amazon Kindle store, anyone can publish an eBook and it available for purchase.
And the since the Kindle app is available on almost any device (laptops, iPads, smartphones and yes, Kindles) so the market potential here is big.
List your book for $1.50 – $5.99 and you earn 70% of the sale. Considering Amazon is the ultimate selling machine (and remember people are looking to spend), that is a fantastic deal.
The key to success with eBooks is to create value, and write non-fiction. Simply bundling information you have researched and compiled on a common problem (eg. ‘secrets’ to finding a job) and then presenting it in an easy to digest format (an eBook) justifies someone spending a few quid on it.
Another big tip is to have a great cover designed so it stands out, and once your book is live on the Kindle store it’s really important to get some reviews so it shows up higher in results. Encourage readers to leave an honest review at the end of your book.
The best thing about this lucrative idea is that once you’ve invested the time (say 20 hours), you’ll earn a passive income for years to come!
There are many ways you can start making money online at home. Some are easier than others, and some will be more rewarding in the long run.
Whatever you choose to do though, remember that your success is only measured by the amount of time and effort you put into to making it work. None of these options will get you rich instantly, and they all require a certain level of commitment from you.
If you’re looking to make money online, we urge you to download our online income kit, as it will layout the process and blueprints for you. And give you some much needed advice and guidance along the way. It even has some products with resale licenses included in it that you can start selling today.