Best 5 methods to earn money online

Publishing a Kindle eBook is another simple way of generating consistent passive income.

Did you know that Amazon.com is the biggest competitor. to Google than any other search engine like Yahoo or Bing?

More shoppers try to search for a product on Amazon than on any traditional search engine.

When people want in-depth information on a specific topic, they don’t search for blog posts on Google but instead, try to find a highly recommended book on Amazon.

Your aim should be to leverage the power of Amazon.com’s growing outreach and popularity to generate a stable passive income source.

Suitable For 

People who have in-depth knowledge of a certain topic or love to do research and explain it in an easily understood from.

Skills Required 

A- Ability to provide detailed insights on a particular topic. 

B- Ability to provide some extraordinary tips for solving people’s problems.

Time Required For Creating An eBook 

The time required completely depends on the creator of the eBook. What topics he/she wants to cover? How many details does the creator want to include?

These are the important factors that define the time required.

Tips 

A- Research, research, and research. It is the key to successful Kindle eBook product. Research about what people are looking for in the domain related to your eBook's topic.

For example, if you are creating an eBook on ‘Yoga to lose weight' look for how many people are looking for yoga exercises to lose weight on the internet and Amazon? What are their expectations from a book? 

You can easily conduct this research by studying the comments, reviews, and popularity of the existing competitor's books on Amazon.

B- Write for one reader. When you know your ideal reader, you know how much he/she already knows. You can avoid boring him/her with obvious information, and you can provide exactly the information.

C-Check out how many people are asking questions on the topic you have chosen, using websites such as Quora, Yahoo Answers, and WikiAnswers. More questions mean more people are looking for answers and that’s a good sign.  

D- Look out for the market gaps in your selected domain. And see whether there’s demand for some topic, see whether your eBook can cater that demand. 

E- Visit Amazon.com and see how many books are present on your selected domain. Are people buying those books? This will help you to understand the demand and purchasing ability of the market in your domain.

F- Find a few friendly readers who match your ideal reader profile and give them your first draft. Not only will they help make your book better, it will also boost your confidence.  

How To Monetize 

Sign up to Kindle Direct Publishing Program, with this you award exclusive distribution rights for your Kindle eBook to Amazon.

This will allow you to sell your eBook in all the countries where Amazon.com is available giving it a massive exposure at launch.

Create a small niche site on the related topic and promote your eBook through it. The more eBooks you sell the more money you make.

What is Flippa.com?

Flippa.com is an online marketplace for selling and buying websites. 

Suitable For 

People who like to develop websites. 

Skills Required 

In-depth knowledge of Wordpress platform and website creation. 

Time Required For Creating A Website 

Depends on the expertise of the developer in website creation.

Tips 

A- Choose a topic you are passionate about. You need to be passionate about the subject your website focuses on. If you launch a website about something that you don’t care about, you will lose interest very quickly and inevitably stop working on it.

B- Think about your long-term business model. To make your website successful you should do a lot of research beforehand.

Try to find the answers to the following questions:

+Who are your direct competitors?+How do your competitors make money?+

How will your website make money?

How can you make your website stand out from others?

How long will it take to monetize your website?

C- Choose a domain name that is relevant to your topic and appeals to your target audience.

A good domain name is an essential part of branding your blog. Choose a .COM as your domain extension because it looks more professional.

D-Choose a reliable paid host like Hostgator, Bluehost or anyone that might suit your needs.

E-You need to make your website's design and layout look very professional. Believe it or not but first-time visitors will make a judgment about your blog within first 10 seconds of loading, so you need to make sure that your website’s design appeals to them and they like it. 

How To Monetize 

A- Sign up and register your website on Flippa.com. Flippa works on bidding model, the highest bidder gets the ownership of the website.

B- Set the bid price of your website 10 times greater than the current monthly income of your site. For example, if your site is earning $500 per month then you can set the basic selling bid price of your site to at least $5000.

C- Start the auction and wait for bids. People will start bidding for purchasing your site. Once you receive the bid that satisfies your target selling price, then finalize the deal with the bidder.

D-Flippa will manage all the payment and other technical stuff for you and you'll receive your commissions via your selected payment method.

Micro job sites are the sites that post micro tasks and pay you once you complete these tasks.

These micro tasks can include anything like counting the shopping list items, calculating the total bill amount, do commenting on blogs and so on.

The only problem with microtasks is that they don’t pay you much per task.

In order to make a substantial income from these sites to support your living or any cause you’ll have to complete many tasks and as quickly as possible.

Micro-tasks are suitable for you if you have lots of free time. Most of the people join micro job sites just to earn some side income and make good use of their time. 

Following is the list of few reputed short task sites you must try:

.A-Amazon mTurk.com

.B-ClickWorker.com

.C-Microworkers.com

If you are someone who loves Twitter and was eagerly waiting to discover a way of making money online on Twitter, then there’s good news for you. 

You can make money on Twitter just by posting sponsored tweets.

Of Course, Twitter is not going to make a millionaire but it’s a good way to earn instant money.

If you have a big follower base then you can make up to $50 to $100 per tweet, and $5 to $20 per tweet for a smaller follower base. 

The money you’ll make will also depend on demographics of your followers and niche. 

For example, if you are a network marketer with thousands of followers and most of your followers belong from countries like USA, UK, Canada, and Australia then there’s a very high chance that most of the network marketing companies will pay you above $50 per sponsored tweet. 

In simple terms, if you have a good following on Twitter, you can leverage it for making some money online.

The biggest benefit of this method is that you don’t need to invest even a single dollar neither there’s any need for a website or any other technical setup. 

Just tweet and earn!

To find sponsors sign up on the following websites:

Sponsoredtweets.com

Paidpertweet.com

 

What is CPA?

CPA stands for “Cost Per Action."

CPA is one of the popular ways of making money on the internet. CPA marketing is very simple: you get paid when someone clicks on your affiliate link and completes an action.

That action could be:

Providing an email address

Signing up for a free trial of a product

Downloading a mobile app

Requesting a quote

CPA is easier because you’ll earn money even if a product is not sold. Unlike affiliate marketing where somebody must purchase a product for you to receive commissions.

CPA model works on lead generation. Many big companies are willing to pay big commissions for generating targeted leads. 

Your job is to just get them a lead, they will do rest of the work for generating a sale from those leads.

Suitable For 

A- People who love to talk, write, explain and have the ability to persuade.

B-Best for people who already own a blog or website with some daily traffic.

Skills Required 

A- Ability to promote CPA affiliate links using social media, videos, forum marketing, paid ads, etc.

B-Ability to persuade and convince people through right argument and explanation.

Time Required For Starting CPA Marketing 

To start CPA marketing and earn commissions you need find an offer to promote, then get accepted by a CPA network.

You can find an offer almost instantly but getting accepted into a CPA network might take a week.

But, once accepted you can instantly start promoting an offer of your wish.

Tips 

1. Find different offers 

Your first step here will be to find different CPA offers available in the market. And the best way to dig them out is to visit oDigger.com and OfferVault.com.

Both these sites work as search engines for finding CPA offers. They aggregate offers from all the reputed CPA networks available worldwide.

2. Select your perfect offer  

If you already own a blog in any particular niche then select an offer related to that niche. Make sure it is relevant to your blog and audience.

For e.g. If your blog talks about android app gaming, then a CPA offer which pays you when somebody installs an android game app would be perfect for you.

3. Getting accepted 

Believe or not but getting accepted into CPA networks has become a huge stumbling block for most of the marketers. Most of the CPA networks nowadays implement tough scrutiny to ensure that only high quality and legitimate marketers get access to their offers. This is to prevent any fraud or any illegitimate activity.

Following are few tips which will help you to get in:

Be honest   

CPA networks filter out scammers and not the legitimate people. So make sure the information you provide is real and isn’t shady. Don’t try to trick them.

Know you offer 

If you already know what offer you want to promote then it’s a great plus point. You’ll be asked about it when you’ll fill out the application. This shows that you are one with a plan.

Know your traffic sources

While filling out your application you’ll be asked about your traffic sources. So you must know how people are going to reach your offer. Are you going to promote it through email marketing, mobile ads, writing an article on a blog or anything else, you must clearly mention it.

4. Optimize your blog 

Once you’ve joined a network and selected your CPA offer, it’s the time to promote it on your blog. The best way to do this to integrate your affiliate links in the blog’s content. 

This is so far the best way to get higher click-thru rates. Another way is you can place banners either on in the header or sidebar section. 

Always do some experiments and try to optimize your link placement to maximize your click-thru rates, but while doing so ensure that you are damaging your blog’s user experience.

How To Monetize 

Commissions for CPA offers usually range from $0.10 to $10 per action. In some niches such as Insurance, Attorney, Antivirus Software it can go up to $50 per action. 

Imagine if you could get 10 people to download a trial version of an antivirus software which pays you $50 per install, you’ll earn $500 without even selling anything.

Commissions offered are decided based on the factors such as niche, back-end product cost, product demand and supply, targeted country and so on.

In order to earn maximum commissions, it is best that you choose offers which are relevant to your audience and pay higher commissions.