Understanding Ways of Making
Money Online
Home Based Online business allows you
the freedom of being your own boss to work in your own time from anywhere in
the world with just an internet connection.
It gives you the opportunity to join the league of entrepreneurs with
little or no money at all.
Many businesses are migrating online to
compete for market share to transition from local to global. And to compete for global relevance, they
compensate people internationally to help them capture a greater share of the
market. Prospective consumers spend a
significant amount of time online so any individual, as an affiliate, whom is
credited with directed them to the address of online advertisers are rewarded
financially. Billions of dollars are
spend to get products and service to be utilized by potential customer and
getting involved in the transaction can be YOUR BUSINESS.
Here are 6 ways you can convert your
time online to earn passive income
#1.
Blogging
Starting a blog is easy.
And if you are new to blogging, you can consider the platforms below
to use for free. Think about the kind of
information you want to write about and the audience you desire to cater
to, then publish your content to monetize traffic that visit your site so you can earn
from your contribution to your online space.
Choose which platform you would like to use.
WordPress:
At WordPress you can create and entire blog for
free. It is easy to navigate and use,
customizable, and can be hosted by number of webhosts. The advantage of your own webhost gives you
more flexibility when it comes to customizing your site so that you can
monetize it. A free account would reside at
.wordpress.com. If you want a .com, you
would need a webhost. Check out Host Gator
Blogger:
Blogger is a free blogging platform that is provided by
Google. This maybe a great option for
you but if you are serious about monetizing it you may be limited because if
you advertise your site via social media too often, it can be deleted without
warning. Too little control!
Weebly
Receive 50% share of your Google Adsense revenue using
Weebly blogging platform
After you are done creating your blog on one or more the above platform, find out where there is market needs to contribute to that need. Your published contribution is content to help you generate traffic and build up an audience. You can then make money from your audience selling your own products,, advertising the products and services of others, and affiliate marketing. Since blogging can be done for free, get started so you can monetize your blogs. If you are able to set up and operate 10 blogs earning only $12 per day minimum on each one, you will be earning a minimum of $120 daily.
#2
Revenue Sharing
Not everybody have the patience to commit to blogging. To
generate money from you blog, traffic is very important. However there are sites that allow you to
share you content on their site to satisfy their tens of thousands of visitors
on a daily basis in exchange for a portion of the revenue it generate from
advertising. Revenue sharing site may
pay based on page viewed or by ads clicked of the article you published. Some sites allow you to choose what you want
to advertise on your pages so that what you earn would be based on what you
wish to accomplish. Here is a list of revenue sharing sites
Newsline
If you are into happenings and like to keep people
abreast of what go on or divulge your digested opinions of popular topics, you
can summarize it into your newlines and get pay for it. The potentials for earning are 45 percent of
Ads revenue from your page and $0.04 cent per 1000 page views
Hubpages
You can earn from a variety of affiliate programs on
Hubpages. There is a 60% revenue sharing
for you post.
Infobarrel
User generated content that produces the
traffic to view you article which you
get a share of what is earn
Wizzley
Have fun writing quality article to help inspire reader
and make money.
Wikinut
Get lifetime royalties
#3
Online Trading
Investing in the stock market can be potentially very
profitable. Trading involve risk, so it
requires trader to be able to calculate their risk by having some researched
information, market analysis and some fundaments of companies or asset they are
interested in transacting. A trader
takes the time to inspect the revenue stream of the company with its income,
expenditure and profit margins as well as the competition it faces. On the
technical aspect, a trader wants to benefit from the movement between the high
and the low and to enter or exit as the right moments.
The average person now have access to trade online and with the variety of options available, can begin trading with as little as one hundred dollars. Here are some of the options available from several brokers.
The average person now have access to trade online and with the variety of options available, can begin trading with as little as one hundred dollars. Here are some of the options available from several brokers.
Binary Options
In simple terms, binary option is predicting the upward
or downward movement of an asset. If
your trade prediction is correct, you get a return of 70 – 85% return on your
trade amount. However, if your trade is
wrong, you lose between 85 – 100% of your trade. The expiration time of a trade normally can
be from 30 seconds to the end of the day.
MarketWorld
Regulated online binary option broker. The minimum deposit is $20 and minimum trade
is $1.00. Free practice account.
Finpari
Regulated broker with a minimum deposit of $100.00 , minimum
$1.00 trade. Free 30 dollar NO deposit bonus
(good to trade but not withdraw unless you make a deposit and/or have a trade
volume of 40 times the free money).
Forex
The risk in forex is much less than in binary
option. In binary option, it is either
up or down which means you win or lose.
The market assets are always moving up and down, therefore in any
direction you take in forex, there is still a possibility of earning IF the
trend reverse and you can manually close your trade in profit. Forex allow you to have more control because
you decide when to close your trade.
Etoro
Trading investment combined with social network so that
you can copy successful traders whom are very proficient in earning profits
XCFD
Trade stocks, Forex, options, commodities and even
Bitcoin with incredible low spreads and zero commissions. Get an introductory Free 30 USD no-deposit
bonus.
Vegas
Style Online Revenue Gaming
Some people
actually do believe in luck and can at times be incredibly luck. Others have actually acquired the skills at
winning in Casino games. Check out the Casino Below
LesACasino
Those who
want to challenge the dealers at poker, black jack and a host of other games
have options. Big jackpots, $1000
welcome bonus!
#4
Affiliate Marketing
Affiliate programs are ways of creating streams of online income
by sending traffic to the website of others thru links with built in codes
unique to you as the affiliate. With the
links, affiliates submit to search engines, places them on their own websites
and blogs, post them in internet forums, reviews and ebooks, in classified ads
and on social media sites. Specific
engagements result in compensation. Before
joining any program, you should probably be aware of the different payment
schemes available, the kinds of people you are looking to target and how many
clients you will be working with. Different
companies have a minimum threshold before you can withdraw, ranging from as low
as $5.00 while others can be as high as $250. Commissions are typical paid
based on clicks, leads or sales.
Advertising revenue is one of the most effortless ways to earn
money from your site even earning while you sleep if you have content to
attract traffic to you. Decide what will
work for you! Pay per click – You will
need a website or blog, Pay per lead – You get a referral link you can promote
almost anywhere, Pay per Sale – You get a commission after the conversion of a
Sale
Viglink
An in-text advertising service for affiliate to monetize online contents by scanning pages for words that can be profitable and linking products that can earn commission via pay per click, pay per lead or pay per sale.
Chitika
This program converts words in your
post to links and every click get paid
Clickbank
This affiliate offers a profitable
way to promote digital products and sell information over the internet.
Wealth Affiliates
This
site is a paid affiliate membership that makes it so easy to learn and succeed with
your affiliate marketing business because they walk you thru the process to be
effective in campaigns that will all you to mature to financially positive
results. You get the opportunity to make recurring revenue as a member. It is
free to join paying membership starts at $19.00
#5
Ecommerce
Ecwid
Open up your online store for free on facebook, or your
own website and sell up to ten different products in any two categories, whether it is digital products or physical
products. Excellent starter for those
who have talent like artist, writers, singer and graphic designers who want to
get their craft expose to the world. Go
for you music or production awards , then announce your bid for president
#6
Paid Survey
Survey savvy
A leading market research firm with 3 million paid member
worldwide. You get pay $20 for a
complete survey and a referral fee for getting other to participate in survey.
Palm Research Paid Survey
Get paid to take research on diabetes, obesity, heart
problem and other medical related issues.
Get five
dollars just for signing up. Take survey
online or on your mobile
Should you have any
questions or suggestion, please do not hesitate to make a contribution in the
comment section. You are not restricted
from sharing the post with your friends on your social media or on your own
timeline.