Long-Term Strategies on How to Make Money Online
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15. Create a Subscription Job Board
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Method Stats:
- Setup time: a few days to a few months for creating the job board website and promoting it to employers and job seekers
- Age threshold: 18+
- Time of payment: varies depending on the chosen payment gateway
With more employers turning to online hiring, job boards have fantastic market potential.
There are two main ways to make money online with a virtual job board. The first is to rent out space for employers to advertise their job listings. The second is to sell access to exclusive job listings to job seekers via a paid membership system.
Popular job board websites like Indeed, Glassdoor, and ZipRecruiter charge employers for premium job post placements. Most of these sites base their pricing plans on factors such as posting period, in-depth company information, or reviews.
The easiest way to create this type of website is with a WordPress job board plugin. For example, WP Job Manager offers tools to seamlessly submit and manage job listings.
Additionally, consider installing a membership plugin to restrict access to job postings.
16. Become a Content Writer
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Method Stats:
- Setup time: a few days to a few weeks – some companies or clients ask for a writing sample before approving you as a writer
- Age threshold: 18+
- Time of payment: every week or upon request – varies between sites
For those with a knack for writing, becoming a content writer is one of the best ways to earn money online. Content writing makes for a profitable side gig or full-time remote work with an average pay of around $60,000/year.
In addition to writing skills, this career path may require SEO knowledge. Knowing the basics of HTML and CSS can also help, especially when working with a content management system (CMS) like WordPress.
Many content writers have websites to showcase their writing skills and work portfolios. If your blog takes off, it’s also possible to make money online by monetizing it.
Try your luck on job boards like Fiverr and Freelancer where many freelance content writing gigs are available. Alternatively, join a content writing agency to get steady work opportunities.
Some of the best content writing agencies to work with are:
- Verblio. Provides all kinds of content types, from blog posts to press releases.
- SEOButler. Seeks US and UK-based freelance writers.
- Express Writers. Hires writers and editors to work with a massive network of clients worldwide.
- Textbroker. Offers gigs to write unique custom content with free registration, flexible time management, and weekly payments for US citizens.
17. Become a Graphic Designer
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Method Stats:
- Setup time: a few minutes to a few days – some sites let you upload works and find projects after signing up, while others require submitting an application
- Age threshold: 18+
- Time of payment: three to 60 days after project completion – varies depending on the site or client
An average base salary of around $58,000/year makes graphic design another high-paying career worth pursuing. For creative individuals, it’s an excellent way of earning money online.
Choose a design specialization and learn the required skills. For example, a logo designer should master color theory, typography, and design tools like Adobe Illustrator or CorelDRAW. Many design courses are available on various eLearning platforms to help you get started.
Here are some of the best sites to make money online via graphic design gigs:
- DesignCrowd. Offers a wide range of projects, from logo and website to billboard design.
- Minty. Ideal for skilled artists looking for design projects with automatically generated contracts.
- We Work Remotely. Find different types of remote design jobs.
- 99designs. Provides high-quality graphic design services for websites, apps, clothing, merchandise, business, and advertising.
18. Become a Website Developer
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Method Stats:
- Setup time: a few days to a few weeks to sign up for online developer jobs if you already know how to code
- Age threshold: 18+
- Time of payment: varies on a case-by-case basis
The average base salary of a freelance web developer is around $82,000/year. Moreover, the employment of digital designers and web developers is projected to grow by 23% between 2021 and 2031. So, now is a great time to jump into the industry.
The first step of becoming a web developer is to choose a web development specialization. Doing so will save you time, money, and energy and help you stand out among competitors.
After choosing a specialization to pursue, learn how to code. Plenty of websites and courses can help you get started:
- BitDegree. Offers beginner and advanced courses, as well as scholarship opportunities.
- Coursera. Partners with 200+ universities and companies to provide certified courses and specializations.
- Codecademy. Perfect for beginners who want short and interactive courses.
- Udemy. Choose from a wide range of on-demand courses in many languages.
If you want to join the web development business, consider participating in a coding boot camp like Alchemy Code Lab or Rithm School to enhance career advancement opportunities.
19. Open a Dropshipping Store
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Method Stats:
- Setup time: a few minutes to a few days to set up the website and find suppliers
- Age threshold: 18+
- Time of payment: varies depending on the chosen payment gateway
Dropshipping is a B2C business model where people sell products via an online store using a third-party supplier to process and fulfill orders. It’s easier than a standard eCommerce store since you don’t need to manage the inventory and shipping.
Starting a dropshipping store is similar to creating a regular online store – it involves choosing a niche and an eCommerce platform. The main difference is that dropshippers have to find the perfect supplier, too. In fact, supplier quality can make or break the business.
To help you get started, here are some websites that help you connect with reliable suppliers:
- Spocket. Choose from thousands of suppliers worldwide and enjoy easy integration with platforms like WooCommerce and Shopify.
- Modalyst. Curate your online store with products from different global suppliers. Use the platform’s profit calculator to set prices.
- SaleHoo. Browse through thousands of vetted suppliers in different product categories. Explore its community forum for dropshipping tips and tricks.
20. Build an eCommerce Website
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Method Stats:
- Setup time: a few hours to a few days – you need to create a website, list products, prepare inventory, and configure tax and shipping
- Age threshold: 18+
- Time of payment: varies depending on the chosen payment gateway
Selling products online is one of the best ways to make money. More brick-and-mortar stores are turning to eCommerce due to its advantages.
Besides having a broader market reach, eCommerce stores require lower startup costs. You’ll be able to save money on operational expenses since you won’t need different retail locations.
Before launching an eCommerce business, decide on the store’s niche. If you’re unsure, researching trending products can help narrow down which products to sell.
Thanks to the popularity of eCommerce platforms, creating an online store has never been easier. Picking the right platform is crucial because it will affect you and your customer’s overall experience.
Here’s a compilation of the four best eCommerce platforms for building your own online store:
- Hostinger Website Builder. A beginner-friendly website builder offering free themes and numerous AI-powered tools to assist business operations.
- WooCommerce. An open-source eCommerce platform built for WordPress, WooCommerce provides all the necessary site functions to create your dream store.
- PrestaShop. This eCommerce software offers robust product management and analytics tools.
- Shopify. A popular option to create online business websites with built-in abandoned cart recovery and SEO tools.
When formulating a business plan, consider factors such as inventory, warehousing, packaging, and shipping.
Depending on your business model and operating locations, you may also need a business license. These may include registration certificates, local and federal permits, and a sales tax permit.
21. Buy and Flip Websites
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Method Stats:
- Setup time: a few months to a few years
- Age threshold: 18+
- Time of payment: varies on a case-by-case basis
Buying and selling websites are relatively simple. After purchasing a site, optimize its content for search engines, generate revenue, and sell it for a profit.
It’s an ideal money-making project for anyone who enjoys website design, improving SEO, and enhancing user experience.
Not all websites have future value, so knowing which ones to buy and invest in is essential. A good rule of thumb is picking the ones already generating revenue and traffic. Moreover, websites with a popular niche and a premium domain name are easier to sell at higher prices.
Here are a few marketplaces for finding websites to purchase:
- Flippa. Lets people all over the world buy and sell domain names or websites with varying niches.
- Latona’s. Browse websites and online stores for sale using various filters.
- Empire Flippers. Sells profitable websites with a wide range of monthly revenues, from hundreds to hundreds of thousands of dollars.
- SideProjectors. A platform to buy and sell digital projects like websites, eCommerce stores, apps, and domain names.
There are some factors to consider to avoid making a bad website investment.
The first is to ask for a proof of concept, revenue report, and the site’s current monetization methods. Then, check the traffic’s volume and sources. These are good indicators of a website’s potential.
It’s also a good idea to ask about existing site issues and verify why the original website owner is selling it in the first place. Finally, double-check the seller’s background and avoid buying sites from anonymous brokers.
22. Create a Podcast
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Method Stats:
- Setup time: up to a few weeks to sign up on a platform, prepare your topic, and configure audio equipment and software
- Age threshold:13+ to 18+, varies across sites
- Time of payment: varies depending on income sources like ads and sponsorships
Starting a podcast is one of the most profitable online business ideas. The number of global podcast listeners has increased steadily over the past few years. It’s projected to reach around 500 million listeners by 2024.
A computer or mobile device with a built-in microphone is enough to start a podcast. However, we recommend investing in proper audio equipment and software to improve recording quality.
All you need is a topic to talk about and engaging communication skills. You can make a podcast about any topic, from financial tips to true crime.
After recording and editing the first few episodes, find a podcast hosting platform to publish them online. Some of the best ones are Buzzsprout, Resonate, and Anchor.
Most podcasts primarily make money from sponsorships. Once your podcast has attracted a following, consider signing up for production agencies like Podfly or Pacific Content to grow your brand, quality, and audience reach.