Most reliable ways to make money online in 2024
If you are looking for ways to make money online, then you are in the right place. On this page, you can find all the reliable ways to make income from the internet.
Whether you want to earn full income online or make passive income, there is a reliable way to achieve that on the internet. Jeff Bezos, who has consistently been among the wealthiest people in the world, makes most of his money online from a popular e-commerce platform known as Amazon.
There are also many advantages to earning online. Depending on how you earn income online, you can cut a lot of expenses. If you work from home, you will cut transportation costs and also wardrobe costs. Don’t forget the stress and mental toll that daily 9 to 5 jobs may have. You can avoid most of these by working online from home.
On this list, there is something for everyone. If you plan to make millions online, you will find something here. If you want to make passive income, you will find something here.
How to make money online
Here are the most reliable ways to make money online:
1. Start a blog
Blogging is one of the best ways to make money online. As a blogger, you earn anywhere from $100 to over $100, 000 every month from your blog. If you become very successful, you can make far more than that. For example, according to Owler, a popular blog, HuffPost makes up to $250 million a year.
Blogging is all about sharing information. It could be news, tech, personal finance, pets or anything else. There is an audience for everything. Once you share this information, you build readers. Then you make money from your blog.
The first is to create a blog. We have a detailed guide: How to start a blog. You can find all the steps you need to create a blog.
Immediately, your blog is set up and ready, start posting content. Then drive traffic to your blog.
Once you have built an audience then you can make money from your blog. There are many ways to make money from your blog including Google AdSense, affiliate marketing, ad sales and many more. Read: How to make money blogging
2. Start affiliate marketing
Affiliate marketing is simply promoting the products or services of companies for a commission. It is one of the consistent ways to make money online.
According to ZipRecruiter, the average salary of an Affiliate marketer is $154,700/year.
To work as an affiliate marketer online, you need to decide which products and services you want to promote. Then you make a list of the providers of these products or services. Visit their website and see if they have an affiliate programme.
If they do, sign up, once you are approved, you will be given tracking links. You can use your blog, Youtube, Facebook, Twitter and any place that you are present on the internet to promote your affiliate links. Once people use your link to purchase, you make money.
It works best if you have a blog or social media profile with lots of followings. And you promote products that relate to what your blog or social media are focused on.
For example, you have a blog or social media that you discuss iPhones. And you have over 10, 000 people reading your contents. So you sign up with an iPhone store online as an affiliate marketer. They offer you a 10% commission for every sale through your tracking link.
So you write a feature about a version of an iPhone that costs $800. And you include your affiliate link for your readers to purchase. If 1000 out of your 10,000 readers click on the link to purchase the iPhone, that means you will make 10% commission on every purchase.
Now, 10% of $800 is $80. 80 x 1000 is 80, 000. That means you will make $80, 000!
This is how affiliate marketing works. * Affiliate marketing networks that you can find products or services to promote. Here are some: LinkShare, Commission Junction and Impact.
3. Create an online store (e-commerce store)
An e-commerce store is an online store that sells products on the internet. Running an online store is one of the most lucrative ways to make money online.
The biggest e-commerce store is Amazon. It is worth more than $1.5 trillion. The owner of Amazon, Jeff Bezos, is the richest person in the world, according to Forbes.
While it is hard to grow and be like Amazon, you can start and grow and make money running your online store.
Thankfully, you do not need any coding skills to run an online store. With Shopify, you can create an online store in less than 20 minutes.
All you have to do is go to Shopify and sign up.
Follow the instructions and your shop will be ready. They offer a free trial that you can use to set things up and see if it suits you. If you ever need help, they have lots of resources to help. You can contact their support.
WooCommerce is another option to start an online store. It is built for WordPress and is the most popular platform used to create online stores. The good news is that WooCommerce is free. However, there are paid extensions available.
4. Create an online course
Creating an online course is an intelligent way to make money online for anyone who is very knowledgeable.
There are many millions of people learning online every day. Many people now prefer to learn new skills from the comfort of their home.
If you are an expert in any field, you can create an online course, share your online course and as people are signing up to learn, you make money.
On average, if you have a couple of informative courses that is in demand, you can make over $50, 000 every month
Let your knowledge make money for you.
The easiest and best way to create an online course is with Teachable. Go to Teachable and sign up. They offer a free trial. You can take advantage of the free trial to see how it works.
They also have lots of resources to help you get started. You can always reach out to their support team for help anytime.
5. Take online surveys
Online surveys are reliable ways to make passive income on the internet. While you may not be able to make $100, 000 a month taking online surveys, you can make a good passive income to complement your regular income.
What are online surveys? Online surveys are questionnaires that you get paid to answer. Usually, these questionnaires are from companies looking to improve their products or sample public opinion.
If you can dedicate 2 hours a day to completing surveys online, it is possible to make up to $1000 or less a month from taking surveys. If your geolocation is not favourable, you can make up to $300 or less a month.
The only top 2 survey websites that we recommend are ySense and Swagbucks. We have tried them and they are paying without any issues at all. Most other survey websites are not reliable.
6. Build apps
Wait, you do not need any coding skills to build an app! Read on.
You can build apps, and if many people are using your app, you will make money from it.
An app could be chatting app, dating app, business app or any type of app possible.
In 2009, two friends founded a chat app known as WhatsApp. They maintained it, and the user base continued to grow. In 2014, almost 6 years after the app was created, they sold it to Facebook for $16 billion.
The funny thing is, one of the creators of WhatsApp had previously applied to work for Facebook but was rejected. After creating a successful product, the same Facebook bought it and made him a billionaire.
If you do not have any coding skills at all, you can still create an app. There is an app builder owned by Appypie. Over 7 million businesses around the world are using it. You can use it too.
Go to AppyPie and sign up. Then you can create your app. Drag and drop, very easy without coding.
7. Become a freelancer
If you have in-demand skills, you can become a freelancer and earn income by helping people or businesses complete tasks.
The good thing about becoming a freelancer is that you can work from anywhere. You are in control of your time.
The freelance industry is a multi-billion dollar industry. According to statistics, freelancers in the U.S. alone made almost $1 billion in 2019. There are over 1 billion freelancers around the world.
If you have skills such as writing, programming, graphic designs, editing, web development and other in-demand skills, you can start your freelancing journey. Grab your share of this multi-billion dollar industry.
There are platforms online where you can find jobs. Some of the most popular freelancing websites include Upwork, Freelancer, Fiverr, PeoplePerHour and 99Designs.
8. Invest in cryptocurrencies
Investing in cryptocurrencies is a reliable way to make money. After bitcoin became a big thing, more attention has been given to cryptocurrencies.
Many people expected bitcoin to fade away, but it keeps growing in popularity. According to statistics by SaaS Scout, Bitcoin accounts for $6 billion of daily transactions, and about 41800 people have invested at least $100 in cryptocurrencies.
With cryptocurrencies growing in popularity, it is wise to invest now.
The best way to invest in cryptocurrencies is through Nexo. They offer up to 12% interest when you save your cryptocurrency with them. And there is a $100 million insurance on all custodial assets.
To start, go to Nexo.io and sign up. You can then transfer your cryptocurrency there.
9. Buy and sell domains (Domain flipping)
Domain flipping is all about buying domain names for cheap and selling them for profit. While it may sound so simple, it is very lucrative.
Here are some examples of high selling domain names according to Wikipedia.
Domain | Price |
---|---|
Voice.com | $30 million |
360.com | $17 million |
Fund.com | $12 million |
Hotels.com | $11 million |
Tesla.com | $11 million |
Fb.com | $8.5 million |
We.com | $8 million |
Diamond.com | $7.5 million |
iCloud.com | $6 million |
If you can predict an industry or products that will become popular, you can reserve domains names related to it and hold, once they become big, you sell for a big profit.
Imagine you bought URL friendly .com bitcoin domain in 2008, you would be selling it for hundreds of thousands of dollars today.
To reserve a domain name, the best website to use is Namecheap. You can search and reserve any domain of your choice.
To sell a domain name, you can go to Flippa and open an account. Flippa is the biggest market place for domains and websites. Once you sign up, you will be able to list your domain name for sale.
The good thing about Flippa is that there are so many buyers including big investors and companies ready to buy in-demand domains and websites.
10. Buy and sell websites
You can make a stable and big income by buying and selling websites. This is a very big and growing business. Luckily, it is not saturated yet. So if you know what you are doing, you can get in and make money.
The best platform for this is Flippa. There are many buyers and sellers on Flippa waiting to buy and sell.
What you have to do is go to Flippa and buy a promising website. With good revenue. The most important thing to look out for is a website with consistent traffic and revenue growth.
You can then hold and run the website for a while. Grow traffic and revenue. Then resell for over 300% or more of what you paid for it. Some websites you can resell immediately with a premium listing price, and you can make over 100% profit.
I have made many website sales with the help of Flippa. So far, my highest sale is $12, 000. But there are people selling websites for over $100, 000.
Recently, someone sold a not so popular website for over $550, 000.
To buy a website go here.
To sell a website go here.
11. Start a video blog on YouTube
If you are not camera-shy, you can start a video blog on YouTube. YouTubers earn a lot of money doing what they love.
According to Forbes, the highest YouTube earner for 2019 was eight-year-old Ryan Kaji, who made about $26 million. The second on the list is a group of five friends who made $5 million.
The video blogging industry is huge. Anyone with a passion and love for the camera can start and make money doing what they love. You also get famous.
All you have to do is go to YouTube, sign up and create your channel. Start uploading videos.
But first, you may want to decide what topic your YouTube channel will focus on.
Once you start uploading videos and getting a large audience, you can make money with Google AdSense, sponsored content, affiliate marketing and more.