5 Most Reliable Ways To Earn Money Online

Ron - August 29, 2021
5 Most Reliable Ways To Earn Money Online


Looking for ways to earn more money? Maybe as a side hustle or full-time business? There are a lot of ways to earn money online. But not all of them are as reliable. That is why we choose our 5 most reliable Ways to earn money online and explain them in this post.

Is it really possible to earn money online?

Maybe you wonder, is it really possible to earn money online? And I would answer with a resounding YES! Money can be anywhere, whether it is in your local town's market or on the internet. If there are people, you can earn money. To give you some statistics, in 2021 there were 2.14 Billion digital buyers. That means that you will have millions of chances to make a sale online.

But there are different ways to make money, and not all of them produce the same results. Important is that you choose a way that suits you. But as a business owner, it should be scalable, which means there needs to be enough demand. And you need to be willing to put in the necessary effort. If you do this, the moon and beyond is the limit.

So, let's get started and start with the first way:


Become a freelancer:

Becoming a freelancer basically just means that you start a business and you are the sole employee and owner. This also means that you will have to do most of the work. That doesn't mean you cannot work together with other freelancers or businesses.

But how to become a freelancer? Well, I would suggest that in whatever profession you are now, you try to find customers for yourself and charge them for your services. This could be from design to consulting.
 
You can start signing up for freelance websites that offer you the ability to connect with clients. Let's say you are a freelance designer, you could sign up for Upwork.com, and start offering your services. My suggestion if you just start, offer you services for a low price, but deliver high quality. your clients will appreciate the good quality you deliver and you can more quickly build a customer base. After a while, you can start charging more.

Other websites to start:


Sell crafted items

With the successful rise of Esty, selling crafted items is more popular than ever. People love to buy goods that are unique and not mass-produced. This gives you a huge opportunity to turn your skills into a business.

Crafted items often sell for higher prices, they are unique and have a much higher chance of going viral on social media. 

Promote your business.
One of the most popular searches on Pinterest is for DIY and craft items. To promote your business you definitely want to use Pinterest. You can also attract more people by having your own blog next to your shop. If you give people useful tips on how to craft, they are more likely to buy from you.

If you don't know how to craft items, there are a ton of ways you can learn it, one I just mentioned is Pinterest. Another one is Skillshare. On Skillshare there are a lot of video courses that can teach you how to make professionally crafted items that you can sell. Next to that is YouTube or search for tutorials on google.

Calculate the correct price. 
In order to make a good profit you want to calculate the correct price. I suggest you start with what competitors are asking for similar products. But don't forget to include the prices of the materials you use. For example, if you use a lot of metals, maybe even gold, then the price should be higher. Other things to take with you in the calculation are; The more difficult it is to make, the higher the price. The more scarce your product is, the higher the price.

In my opinion, you don't need to use your time spent in your price calculation. It might push the price up a bit, but the end result is what matters.


Related: How Much Money Does It Take To Start An Online Business?



Take online surveys

If you have time on your hands, and you are looking for a less “skill-needed” way to earn money, then taking online surveys might be for you. There are a lot of companies out there that pay money to do customer and product research. They want to know about you so they can better sell products to you. One way for them to find out how to sell more is by doing surveys.

To be honest, though, you should not think that you can start a business doing this. But if you want to earn money the easy way, and if you are ok with receiving a few hundred bucks per month, either in the form of coupon code or cash, then surveys are a good way to start.

Below are some more reliable websites where you can do surveys, they are already years in business and it is proven that they pay out on time. Still, before you want to spend a lot of time on this, you should do some research about the website where you are about to do the surveys:

Other survey sites:





Sell products online

Probably one of the most popular ways to earn money online is by starting an online shop. It has never been easier to start one. With websites like eBay, Amazon, and Shopify you can easily set up a shop and start selling. With Amazon probably being the first place you want to start.

But don't forget, just like with every business, you have to put in a lot of effort to become successful. You won't be successfully selling 1000s of products overnight. You still have to put all of your time and effort into it. You have to choose the right products, and advertise them the right way. You have to deal with employees, taxes, shipping, complaints, web design, delivery problems, import duties, and more. If this doesn't scare you, keep going.

You can also set up your own domain with your own shop, Shopify would be my recommended choice then. They focus on e-commerce and know how to make your shop more successful. It's easy to build a site and all you have to do is promote it and get traffic.

Before you start though, you should have a business plan, a road map that will guide you to success. Set a goal, like 3000 USD per month. And work out how you are going to get there. Define your audience, and make sure that the demand is big enough. If you have a brilliant idea, but nobody else cares, you are unlikely to be successful. So before you start investing, make sure that your product fills the needs of your audience.

If you do it right, you can build a very successful online business and earn a very good living from it.





Become a YouTuber

A still-rising way, but very popular way to earn money online is by starting a YouTube channel. YouTube is still growing and is one of the biggest video platforms out there. If you start a channel now, and you are committed to it, then there is a high chance that in one year you could be successfully earning money from it. Often all it takes are 60 videos before your channel starts to see profits. 

On YouTube, the biggest source of income is ad revenue. Every time a viewer watches one of your ads, you will make money. How much you earn heavily depends on what category you are in, and how much advertisers are willing to pay. A very popular niche is gaming, and you can expect to make around 1 ~ 2 USD per 1000 views.

But there are other ways to earn money on YouTube as well, if your channel is popular you could promote products or services and earn money this way as well. Or if you talk about products, you can provide affiliate links to the products in your description. Affiliate Marketing is a very good way to earn money on YouTube. If you want to learn more about Affiliate Marketing, I recommend your read: How To Make Money From Affiliate Marketing

Either way, YouTube is full of opportunities, and in the last 3 years, it has paid over 2 million video creators more than 30 Billion USD. So, do some research, find out how many views you need per month to make a decent living, and start creating good content. In the long run, you will be making some good money.


Also Read: How To Manage Your Finances Like The Rich


Conclusion.

Making money online is legit and there are a lot of ways to do it. But you have to be willing to put in the effort and think about long-term planning. Money might not come right away, but I'm sure if you stick to it you can do it.

If you have any questions or would like to add some ways how to make money online, please let us know in the comments.









About the author:


Hello, my name is Ron Hoekstra and I am the founder of The Liberty OnDemand. I hope you like my content, and if you want to know more about me, please read more here or subscribe to my newsletter where I will keep you up to date with new posts and other useful content.


Thank you!

Ron.

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