Monetizing your expertise — whether in social networking or transcribing — is one way to make money while sitting at your computer at home. But others also are popping up, such as taking online surveys or even predicting election results.
Also known as Multi-Level Marketing (MLM), this is a business model that allows you to generate ongoing income in two ways: by making a commission selling products and by recruiting other members who go on to sell. The later allows you to make money from the sales made by those you have recruited.
The apps collect data and help companies better understand web and mobile usage — such as what times of day people browse, how long they stay on websites and use apps, and what types of sites and apps are popular (or not).
One method is being an affiliate at a mega-site such as Amazon.com, where commissions are up to 25 percent. Anytime anyone buys a product you’re pitching, you get a cut. And you can choose from more than a million products, including gift cards or computers.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $40,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
One way is with affiliate marketing where you partner with brands and services that you use on a regular basis and would recommend to others. When others signup through your link, you earn a small commission.
A part-time job is the obvious first choice, opted for by most students looking to supplement their student loan. It provides a pretty steady flow of income and can enable you to gain valuable work experience.
With this in mind, we’ve created a run-down of the trusted survey sites, personally tested by ourselves. We reveal how much you can realistically make from each site and share some helpful tips to maximise your profit.
Please be aware that CFDs are a leveraged product and can result in the loss of your entire capital. Past performance does not guarantee future results. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved.
Get freelance editorial work. Maybe you don’t want the commitment of a blog but like to write or express your creativity. You’re in luck because plenty of media, corporate and nonprofit Web sites are looking for freelancers to write, edit or produce content. Some pay by word, some by the hour and some pay per project.
Did you collect things when you were younger or have items that fit your last home but don’t fit your new one? Get out all your collectibles and sell them off. If some are antiques or collectibles, make sure to get them appraised. Otherwise, you may sell some rare items at low prices.
There are a variety of tasks, but most commonly they involve mindless data entry, web research or form filling. You are rewarded and paid in cash (via Paypal) for the work you do, and you can choose for what and when you work. Give it a go. [If you’re US based, also try Amazon’s ‘Mechanical Turk‘].
Another big tip is to have a great cover designed (browse these) 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.
You can create your blog using a free platform from WordPress.org, but you’ll need to pay a small amount – as little as $4 per month – to have your blog hosted. Try GoDaddy.com, which can provide a domain name for your site, email addresses, database storage and other Web hosting services. To make money, you can use the free Google AdSense service to display advertisements on your site. The amount you’re paid varies by ad and usually depends on how many people see it. There’s also what’s called affiliate marketing, in which you earn a commission (usually less than 10%) whenever someone clicks on an ad on your site and purchases a product. The Amazon Associates affiliate program allows you to advertise the retailer’s products on your site, or try affiliate networks such as CJ Affiliate or ShareASale that work with thousands of companies. Depending on how much time you put into your blog and how many people visit it, you could be making a few hundred dollars each month within a year.
There are several to choose from to make money online. At kgbanswers.com and JustAnswer.com, you become an expert after taking a brief test. At these websites, a customer asks a question and receives an answer from an “expert.” At kgbanswers, answers come via your smartphone. At JustAnswers, answers come via email or text message. Both offer subscription and per-question alternatives.
If you have a crafty side, put it to good use. Visit the nearest flea market, Craigslist, or Freecycle.org and buy some interesting items, restore them, add your special touch, and resell them for a profit.
Believe it or not this is seriously the easiest way ever to pull in hundreds (even thousands) of extra dollars per month. Most of it involves very little or no work on your end and there is almost 0 overhead to get started.
LendingClub is the largest peer lending platform that will let you invest in loan applications since 2007. Credit ratings vary from A to G, which is least risky to most risky respectively, just like the risk assessment rating for bonds.
Evaluate Web sites. Another way to make extra cash in a short amount time – $10 for about 20 minutes of work – is to sign on with UserTesting and evaluate Web sites. You need a computer with a microphone and Internet connection, and you’ll have to fill out a one-page demographic profile. You’ll receive work if your profile matches that of the target audience of sites being tested. Then it’s just a matter of using UserTesting’s screen recorder, which you’ll need to download to your computer, to record your verbal comments and on-screen movements as you click through a site. Site owners typically are looking for feedback about whether the Web site is confusing to navigate.
The rules vary when it comes to sponsored content, but to be on the safe side and respect your audience’s trust, consider adding a #sponsored hashtag to indicate sponsored posts. If you need reassurance, about 69% of influencers in one report said that being transparent about sponsorships didn’t affect how consumers perceive their recommendation.
Before a lawsuit goes to court, lawyers will simulate a mock jury trial to try different arguments and predict the reaction of the jury. While your jury decision won’t be the official verdict, this can be a fun way to reenact your favorite Law and Order episodes and get paid for it. eJury cases consist of 50 jurors and pay $10 per case. You can participate in one case each week.