What are the options
Below are a selection of online methods that are proven ways to make money. There are thousands of methods for making money online I have selected ones that I have some knowledge on (some more than others). Some of these options I currently use myself and are great areas to look into if you have any interest about online business.
Notice that under certain headings 3 and 4 that I have only gave a few options at times. This is because there are hundreds (if not thousands) of options out there. Giving you a few to start off with is more practical and allows for you to go out there and research more options yourselves.
Each section will be split into 4 sub headings:
- What is it
- Start up cost
- Experts in field
- Courses
These were the first methods of online business I was first introduced to. Therefore I thought a little background on each will allow you to discover further when pursuing an online business.
Amazon FBA
What is it?
Fulfilment by Amazon (Amazon FBA) is where you pick a product and sell it online via Amazon’s website.
Start up cost
High (in comparison to other options, low in terms of starting a business in general)
Experts in field
Stefan James (Project Life Mastery)
Courses
Shopify
What is it?
Shopify is the simple solution of creating on online eCommerce store. It allows users with little to no experience to build eCommerce stores from scratch, allowing them to accept payments and track goods. A basic shopify account costs around $29.00 a month making it easy and affordable for anyone to set up.
Find a step by step guide HERE on how to build your own shopify store in 2018.
Start up cost
Low
Experts in field
Courses
Affiliate Marketing
What is it
Affiliate Marketing is where you promote other peoples/companies products and services and in return you get a commission when someone uses your referral link.
Start up cost
Low
Experts in field
Courses
Blogging
What is it
Blogging is writing valuable content and posting it on the web using a platform such as a website, social media channels or both! A blog post can have a mixture of pictures and videos to make the post more engaging but its main focus is written content. Hosting a domain name can cost as little as $2.00 a month and with the help of wordpress you can build a site in no time at all!
Start up cost
Low
Experts in field
(there are literally thousands of successful bloggers out there so I will just mention my favourites)
Courses
Social Media Marketing
What is it
Social Media Marketing is where businesses/people use paid advertising on social media platforms (Facebook is the most popular) to attract more customers and increase their revenue. You as a social media marketing expert can charge businesses a lot of money each month if you can generate them more leads/customers.
Start up cost
Low (can start with zero)
Experts in field
Courses
Thanks for reading I hope you got some value from the post. I know it isn’t the most in depth post but that is the point. I want to provide a few options to get get started one, as well as a few courses. In reality there is thousands of ways to make money online and thousands of courses out there to help you do it.
Thanks for reading.
Conor