7 Different ways of Generating Online Income
Introduction
Online platforms has extended themselves a lot in last few years, giving everyone opportunity to take benefits of their platforms to earn a good sum of money.
The earning options and strategies are not limited to the options that you may now last year. Intelligent minds are creating ways to make their organization grow in a way that others can take benefit from.
There are several benefits of online earning.You can generate good revenue with little or no investment.You will have extra income that is generating even when you are sleeping.You can even replace your job with online earnings.
1). Teespring
So the first one is what I recommend for anyone getting started and that is Teespring. Teespring is a print-on-demand platform where you basically just create designs. You don't need any paid software for this, you can do it completely for free. There are some apps that will help you do the designing. So you don't have to be an artist or creative. But you're just creating catchy, trendy things to put on T-shirts, or mugs, or different articles of clothing. And then you upload it to Teespring and it creates a virtual listing. And then people can come and buy it. They pay for the whole thing.
Teespring prints it and ships it, takes care of customer service and just puts the profit right into your account that you can pay out. This is great for anyone, because there's no startup cost. It's literally just you finding ideas on the internet, creating them and uploading them to Teespring.
You can spend just an hour after work every day, and you'll be able to create five or six maybe 10 designs every day, upload them to Teespring. And you start compounding this, you do this for a while then you're gonna have 100 200 300 different designs on Teespring while you're still working your full time job. You won't have to worry about this, but it'll be making money in the background. So when you go home you can check your account, see how much money you made on Teespring This is a good way to start building up that raft
2). Merch by Amazon
This led me into my second passive income stream and this was Merch by Amazon. What I found out that Amazon is in everything. well, they're also in print-on-demand. Very similar to Teespring, Amazon has a program called Merch by Amazon. Now what's amazing about this is it's non exclusive.Now the same designs that you upload to Teespring, you can take those designs and upload them to Merch by Amazon. Now you're just gonna get free traffic from people searching on Amazon that are going to be buying those designs as well. Maybe those people don't know about Teespring. So they didn't see it on Teespring. But they did see it on Amazon, double the money. And again, this is completely free to start and you can just keep scaling with this and adding more and more designs. So at this point, I had two passive income streams, and this is so easy for you to start as well.
3).Redbubble
So this leads right into the third passive income stream and similarly to Teespring and Merch by Amazon, there's actually another one called Redbubble. Redbubble is another reputable print-on-demand company. And again, non exclusive. So you can upload the same designs from Teespring, Merch by Amazon onto Redbubble. Now all of a sudden I had three passive income streams, and they're all making money with the same designs. So you guys can make this just as easy as I did. But that's an excellent way to go from working your job to having three passive income streams. So just like that you have three passive income streams that you just built and you don't have to worry about after you've uploaded the designs. Now granted, there's more things that you can do in regards to marketing to sell more on print-on-demand. When you're working your full time job, just add these things in. Just upload the designs and let them do the marketing for you. So there's your first three right there, and that's the first three that I started with. So once I had put some work into this, and was actually making decent money on print-on-demand on these three sites, it was pretty life changing for me. As a 23 year old, you weren't really supposed to be making this much money, and not doing any thing because it was so passive
4). Udemy
start teaching courses on Udemy. So Udemy is a course platform where you can put together a course, and they sell pretty cheaply. And it's an easy way for people to purchase kind of a package course that goes through a lot of things in detail. You just create a course,, do it in extreme detail and do it very well. And then anyone purchasing it from that point forward would get that presentation. So there were no on days or off days. It wasn't like I was teaching it in person where I was sick that day and couldn't present as well as the day before or forgot to mention something. It's all prerecorded, and perfect for every student going forward. So once all four of these were kind of established and running by themselves, I moved into finding additional ways to build income streams.
5). Create Your Website
Try to find out a specific niche and the way that it works is it's about a niche. So when someone's searching something related to a niche on Google, my site comes up. And if you do this properly, your site will come up for the specific questions that they're typing in. Now they're on your website, and they can get an answer for what they're searching on Google through your website. And then in that post, that you're answering their question, you can put in links to affiliate products. Something that's relevant to the question they were asking. Something that you've tried, you actually trust and you recommend. Then you can use ads from different ads platform to the site, like Google Adsense, Media.net etc.
6). Affiliate Marketing
you can put an affiliate link through your website article. So when someone goes on the reading the article, and they're like, oh,that product is perfect for what I'm looking for. They can click that, they go over to Amazon or wherever you're referring that product through an affiliate network, and they can purchase it. And then the website they bought it from gives you a commission for sending that traffic and getting that sale. You're gonna get the bulk of your traffic through Google searches. They come right onto your website without you doing anything. Read the article, get their answer, and if they like the product, they click on it. and they go purchase it, you get a commission. That's affiliate marketing in a nutshell, and just be sure you do this on a specific niche. If you do it too general. It's not going to work. Now in the creating of this niche affiliate marketing site,
You can try making YouTube videos. It can take time completing the overall requirement for site monetization like 1000 subscribers and 4000 hrs of watch time. But high quality and relatively new video content can help drive traffic to your youtube channel.
The reason for most of the folks to be not successful on youtube is lack of patience and lack of promotional options like followers on social media.
But many people today are generating good revenue from Youtube and you can definitely try it out.
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