What Is The Best Way To Earn Money Online? Top 10 Proven Strategies

Making money online has never been easier thanks to the internet and advancements in technology.

If you ever asked the question, what is the best way to earn money online? You’re in the right place.

Today you’ll uncover 10 evergreen strategies.

There are more opportunities than ever to earn an income completely online across a variety of platforms.

Whether you want to start a side hustle to make some extra cash, save for retirement, or build a full-time online business, this guide will walk you through the 10 best ways to make money online so you can get started right away.

1. Start a Blog

Blogging remains one of the most popular ways to make money online. By creating high-quality content that provides value to readers, you can monetize your blog through advertising, sponsorships, affiliate marketing, and more.

Some blogging tips:

  • Focus on a specific niche to become a trusted source on a topic
  • Regularly publish long-form content
  • Promote your content on social media
  • Make your blog posts search engine optimized

Once your blog traffic and email list growth starts gaining momentum, you can make money through:

  • Display ads like Google AdSense
  • Sponsored posts
  • Affiliate marketing
  • Digital products like ebooks, courses, and subscriptions

Top bloggers make over $100,000 per year. While it does take time and effort to build an audience, blogging can become a significant source of online income if you stick with it.

Plus with a plethora of AI content writers and training on how to use them, you don’t have to be a prolific writer. You just have to follow the Google helpful content guidelines for creating useful content.

Simply put it’s all about creating people-first content, instead of search engine-focused content.

2. Become an Influencer

Influencers make money by partnering with brands to promote products and services to their audience on social media. Nano influencers with just 1,000 engaged followers can earn around $100 per promotional post. Grab 20 of those per month and do the math. Yup, that’s 10k per month. That’s only 5 posts per week.

With practice, you can bang that out in 3 to 4 days easily.

Follow these tips to become an influencer:

  • Establish a strong social media presence on one platform
  • Create shareable content consistently
  • Partner with relevant brands in your niche
  • Disclose sponsored content ethically and legally

You don’t need millions of followers to start making money as an influencer. Micro and nano influencers often have higher engagement rates, making their promotional posts very valuable to brands.

3. Sell Digital Products

Creating, marketing, and selling digital products online is a scalable business model that can earn you passive income. Types of digital products include:

  • Online courses
  • Ebooks
  • Video training series
  • Memberships/Subscription services
  • Software, tools, and more

With just a laptop and internet connection, you can create a digital product to sell on your own website or platforms like Udemy and Teachable.

Using tools like email sequences, affiliate promotions, and social media ads you can market and sell your digital products to students across the globe. Top creators easily make over $10,000 per month on these platforms.

Using a platform like Kajabi for example—you can create an online course in a few days if you know what you want to teach.

The AI they use creates the course outline for you.

The days of slaving away over finishing a profitable course are long gone.

4. Dropshipping

Dropshipping allows you to sell products online without handling any inventory. When a customer purchases a product from your online store, you forward their order details to your supplier who then ships the item directly to your customer.

This hands-off e-commerce model means you can run your dropshipping business from anywhere with an internet connection.

Follow these tips for dropshipping success:

  • Carefully vet suppliers and communicate expectations
  • Focus on high-profit margin products
  • Create a branded online store with marketing funnels
  • Master Facebook and Google ads (not really, you can hire someone for this)

The global e-commerce market is growing exponentially. With effective marketing and solid suppliers, running a profitable dropshipping business is easier than ever.

Learn more about e-commerce opportunities here

5. Affiliate Marketing

Affiliate marketing (my top pick) is the process of earning commissions by promoting other companies’ products or services on your website and social media.

For example, you may join the Amazon Associates program then display affiliate links to products on your website. If site visitors click your link to make a purchase on Amazon, you earn a commission.

Follow these affiliate marketing tips:

  • Promote relevant products your audience would be interested in
  • Create product reviews, comparison articles, tutorials etc.
  • Use affiliate links ethically and disclose them
  • Track your conversions to optimize affiliate campaigns

Top affiliate marketers easily earn over $50,000 per month. By providing value to your audience and carefully tracking conversions, affiliate commissions can become a very lucrative online income stream.

The secret is to build your business around helping people solve problems and offering genuine value to help them with your content, coaching, or affiliate offers.

Dive deeper into free training, building a complete online business, and resources here

6. Freelancing

Freelancing allows you to sell your services online to clients across the globe. As a freelancer you get the freedom and flexibility to choose your own clients and set your own rates.

Examples of popular freelancing services include:

  • Writing & Editing
  • Web Design & Development
  • Graphic Design
  • Video Editing & Animation
  • Business Consulting
  • Bookkeeping
  • Virtual Assistance

Follow these tips to succeed at freelancing:

  • Set up an online portfolio to showcase your work
  • Establish your rates and ideal client avatar
  • Reach out to potential clients through cold emails, LinkedIn, and social media
  • Use freelancing platforms like Fiverr and Upwork to start gaining experience

Depending on your niche, freelancers typically charge $25 – $150 per hour for their services. By lining up consistent client work each month, you can comfortably earn a full-time living as a freelancer.

7. Become a Virtual Assistant

As a virtual assistant (VA) you provide administrative, technical, or creative assistance to clients remotely. This location-independent role is ideal for those looking for flexible online work opportunities.

Follow these tips to become a successful VA:

  • Get certified in software like Microsoft Office
  • Set up systems to efficiently manage client work
  • Determine your services and rates
  • Reach out to potential clients through cold messaging
  • Use sites like Upwork and Fiverr to find VA gigs

VAs typically charge $15 – $50 per hour depending on their skillset and experience. Full-time VAs can comfortably earn over $4,000 per month working with just a few consistent clients.

8. Teach Online

Becoming an online teacher is a rewarding way to share your knowledge with students around the world while earning a healthy income.

You can teach online through:

Video Courses – Create in-depth video courses to teach students specialized skills and publish them on your website or platforms like Udemy and Skillshare.

Live Video Sessions – Teach live classes over video chat using platforms like Skype and Zoom.

Tutoring – Tutor students 1-on-1 online in academic subjects, music, sports, and more through platforms like Varsity Tutors.

Podcasting – Teach listeners by creating educational podcast episodes. Monetize through sponsorships, affiliate marketing etc.

Online teachers typically charge $20 – $200 per hour depending on their niche, experience level, and platform. By teaching just a few students per day, you can make $1,000s per month sharing your knowledge online.

This online opportunity is a goldmine for language tutoring as well. If you speak multiple languages what are you waiting for?

9. Invest in Cryptocurrency

Cryptocurrency like Bitcoin and Ethereum have created life-changing wealth for those who invested early. Getting started with crypto investing is easier than ever. And with big companies like Nike, Microsoft, and Paypal to name a few, jumping on board. It’s safe to say Crypto is here to stay.

Follow these tips:

  • Use a trusted exchange like Coinbase to buy crypto
  • Start small with an initial investment
  • Hold your investments long-term as cryptocurrency gains value
  • Stake certain coins to earn interest on your holdings
  • Stay up to date with latest trends to improve your investing strategy

Disclaimer: I don’t trade crypto nor am I a coach, I just know how to make money online, if you take this advice it is of your own free will. This is for informational purposes only.

With that disclaimer out of the way…

While cryptocurrency tends to be volatile, its value is expected to rise over the long run. By making smart crypto investments, you can potentially earn massive returns.

Drum roll please….

10. Monetize a YouTube Channel

With over 2 billion monthly users, YouTube presents endless opportunities to earn an income online.

There’s a cool website called everysecond.io/youtube it shows you the amount of videos per second watched.

After 30 seconds there were over 300,000 hours of videos watched. Yes! every 30 seconds…300,000 hours!

source: everysecond.io

The best part is you don’t even have to show your face. In fact, there are 35 faceless YouTubers pocketing millions of dollars, never showing their faces once. ViralLyft has a post on this if you want to confirm my claim.

And here’s a fun fact for you.

YouTube is the second largest search engine in the world behind Google (who owns YouTube if you didn’t know)

It’s an immense ocean of opportunity. I promise you if you stick with it you can earn on YouTube (and you don’t need fancy equipment either).

Follow this step-by-step guide to start earning from YouTube:

  • Choose a niche and create useful, engaging video content
  • Optimize video titles, and descriptions for discovery
  • Promote videos on social media to drive views
  • Get 4,000 watch hours and 1,000 subscribers over 12 months
  • Monetize your channel through YouTube ads
  • Boost income through affiliate links, sponsorships etc.

YouTubers with over 100,000 subscribers can comfortably earn a 6-figure annual income. While becoming an influencer takes significant effort, the earning potential is massive.

What’s This All Mean?

Earning a living online is more achievable than ever in this year, and every year to come. We are only getting more and more dependent on the internet. That’s why my parents can’t understand how I make money. this wasn’t a thing for them.

Thanks to the variety of money-making methods available today. You can start your freedom story whenever your ready.

From blogging and freelancing to running an online store or becoming an influencer, you can choose a profitable online business idea that aligns with your skills and interests.

If you found this post useful or have questions let me know in the comments.

Want to get started building your business or learn more about this topic? Get started below.

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