Making money online has always been considered a puzzle that only a few lucky ones have solved.
Well, to be honest, yes it used to be complicated a few years earlier, but trust me now it's super easy to make money online. Just yesterday one of my students disclosed his income numbers. Within 6 months of following my advice, he is now generating $800-1100/month that too with just 5-6 hours of work/week.
Now, this is what brings the biggest smile on my face.
There are gazillion ways to make money online, and choosing one is the biggest roadblock for many. They just get lost in the number of available options to them.
Here are the various channels through which I make money online:
- Affiliate marketing
- Paid consulting
- Display advertisement
- Selling digital products
These four make me 80% of my online revenue.
When you search for such topic on youtube, you will be bombarded with idiotic videos showing you how to make money by clicking on ads, installing apps and other nonsense stuff.
Yes, I agree you can earn money online from these methods as well, but only a few dollars. After all, $100/day is much better than $2/day right.?
So how to reach $100/day of online income.
I will show you how.
Here are the three methods that I use and recommend to all my students.
1. Affiliate marketing
This is the most popular way to make money online. Why because it is just super amazing.
Just like you get free money when you get people to sign up on uber using your special link, similarly in affiliate marketing, you send people to an offer, and when they complete that offer you make money depending on the TOS.
Like when the famous youtube channel technical guruji, does a review of any technology product and then give you a link to Amazon for you to buy that product, for each sale through his link he makes 1-10% of each sale price.
Recommended Read- Top 10 Affiliate Programs to Look Out For in 2018
So how to start affiliate marketing?
- It's easy
- Choose a niche
- Build an authority site on it
- Find affiliate products
- Get them ranked on google and make money in your sleep
Well it's not that easy. Getting your articles ranked on Google is getting tougher by the day. It was much easier in 2010, but it is extremely difficult these days.
here are my tips for you:
- Write only one article per month but make sure it is the best article on the planet
- Market it as your life depended on it. Yeah that is the secret sauce
2. Freelancing your way to success
Now comes the second way to make money online and its freelancing.
Now this is against my rule of passive income because you are trading time for money here, but if you are new and starting your online money making journey then freelancing if the best way to start.
You have first to find out what you know hat others are willing to pay for.
Let's say you have an incredible voice then you can do voiceovers for people.
Similarly if are amazing with your command of the English language then you can proofread or even become a content writer. You can even do ghostwriting or write full ebooks for people looking for it.
How to find freelancing projects?
It's easy; you sign up for sites like fiverr.com, freelancer.com and odesk.com. Make sure you make your profile attractive by adding all details, your key skills, and everything.
Now getting projects for a newbie is difficult on these websites. As already you will be competing with hundreds other who will be bidding for the same projects. So you need to stand out.
The trick that I use and see the majority of people not using it is personalization.
No one wants to give their project to a newbie, after all, they will prefer someone who has an amazing review of the kind of work people want.
The only way to stand out is writing a personalized pitch for the projects. Majority of the freelancers send the same canned response to all new projects. Now I would love it if a freelancer has spent some time in looking at my requirements and sending me a personalized pitch. Here are the key elements of a personalized put:
- like what they understood about the project
- If they have done similar projects earlier, links to that
- Reason (with genuine data points and stats) why they should hire you.
- This last point might be time-consuming but will increase your conversion rate by ten times is sending them some work without even thinking of getting the payment. Like if they are looking for an ebook then you can send them a TOC that will be perfect for the book. This will surely impress them with your proactiveness and will improve your chances of getting the project by ten times.
Also, mentioning that you are new and looking for good reviews and this is why offering lower price is also a good way to get projects. Being genuinely honest and showing care for the project is the way to success for a newbie.
There are many other ways to make money online like opening a YouTube channel strategically, online tutoring and so much more.
You just need to master one skill and then scale it to dominate that skill.
Like I love building sites and driving traffic to them.
Now I will show you some of my Google analytics reports of few of my sites to show you how many people come to my various sites each month:
These people are my bread and butter and make me all the money each month.
The reason I was able to scale my websites was that I was genuine in my approach, I only recommend products that I am 100% sure will help my visitors and give my honest review with proper pros and cons as well
Being honest is the only way to make real money in long run.
Ankur Aggarwal is a Digital Marketer, Entrepreneur, Traveler, Blogger, Foodie. Have been blogging since 2010. In 2016 he scored 99.2 percentile in XAT Exam for MBA, left that to pursue his Online business dreams. He has multiple websites but incomeboy.com is his new venture. The purpose of Incomeboy is to pass on 100% accurate and genuine information on making and saving more money either online or offline in India.