So much of what’s touted around the web as opportunities to make money online ends up with the opposite effect. Whether you want to offer your services using a niche online marketplace or monetize your existing assets, the first step is to create your own website as a jumping off point. Next, we’ve done the hard part and checked the reputations of some of these alluring sites and business models to see if they’re right for you.
Keep in mind though, you don’t need a website to do sponsored content since you can also get paid if you have a lot of social media followers. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships. Not only does she get paid in cash, but we get a lot of free stuff, too. We’ve received free rugs, free lights, and free carpet cleaners. She only promotes things she loves though, so this strategy works really well for her.
According to Getaround’s estimates, car owners that routinely lend out their car can earn “$1,000s per year actively sharing your parked car”. Considering there is no effort needed by you, it’s a pretty good way to make money. That being said, your car will likely depreciate a bit faster by virtue of lending it out to other people. If you have a big car loan or are underwater on your loan, putting your car on a site like Getaround might not be a great idea.
Obviously, I’m a huge advocate for starting your own monetized blog. However, it does become a bit tricky when you’re trying to do it for free. First, you have two options for getting started – you can either use the free WordPress option or Blogger which is a commercial free platform. Both have similar features regarding functionality and design, and both can be monetized, but only through their respective ad networks.
One of the cool things about Google AdSense is that it's so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance to get this thing going, which makes it a no-brainer if you have a website already.
Pick Topics You Love, Create Checklists and Sell Them! We all use checklists from time to time. We make lists, we prepare and we plan. Checklists help us do that. But what if you could earn cash just by making these helpful checklists? Guess what, it’s a thing! People actually buy checklists all the time on sites like Etsy and Amazon. Maybe you’re one of them. I know I have bought checklists before — basically, content management checklists to help me keep on track with my blog. Sometimes these have been seasonal topic lists, some have been brainstorming cue lists… [Click to Read More…]
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Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.