5 Simple Ways to Make Money Online

5 Ways You Can Make Money on the Internet

Make money online
Designed by Freepik

As people continue to struggle in a stagnant global economy, thoughts frequently turn towards ways to earn a few extra dollars.

Sure, you can work overtime or take on a second job to boost your monthly bottom line.  However, the conventional “time for money” formula only goes so far, especially if it means losing precious evenings and weekends with your family.

The Internet is more than a source of news and entertainment gossip. Today, tens of billions of dollars are being exchanged via a multitude of legitimate activities. Here, we present five (5) ways to make money online that won't require a lot of time or cut into your regular routine.  Think of these options as supplemental sources of income with the potential in some cases to be a whole lot more.

1. Starting Your Own Blog or E-commerce Website

how to make money blogging
Arda Guldogan/E+/Getty Images

Consider having a permanent presence on the World Wide Web (WWW) by putting up your own website. Use it to share your hobbies, thoughts and passions with others and use your page to make real connections with people. The mechanics are straightforward, and you'll be in position to profit from online advertising (e.g. Google Adwords), affiliate marketing (see next slide), and subscriber-based lists to produce a steady stream of income.

See also: 3 Ways to Make Money Blogging

2. Affiliate Marketing

Julia Nichols/E+/Getty Images

Even if you don't have your own products or services to sell, affiliate marketing gives you a chance to earn strong commissions through a series of one-time sales. Online merchants provide you with an affiliate website and marketing support – all you have to do is promote the company with your link via social media, search engines or perhaps ideally your own website.

See also: The Most Profitable Niches for Affiliate Marketing

3. Online Publishing (E-books)

publishing ebooks
John Lamb/Digital Vision/Getty Images

Regardless of your current occupation and lifestyle, there is probably a book inside of you that's screaming to get out. Amazon's Kindle Direct Publishing (KDP) platform has given thousands of people a chance to become published authors and earn money. It may also serve as a way to get noticed by more established and traditional publishers.

See also: How to Make Money Publishing Children's Books on Amazon Kindle

4. Online Surveys

make money online surveys
JillKyle/E+/Getty Images

Online surveys are one of the easiest ways to earn extra cash. Brand name corporations and market research firms are desperately seeking people's opinions on products and services and will offer good remuneration for it. Depending on their complexity, each survey can be worth five, ten or more dollars.

There are many reputable survey companies to choose from, but you may want to limit yourself to 3-5 in the beginning.

5. Online Freelancing

freelance writing
svetikd/E+/Getty Images

If you have specific writing/journalism skills or are adept in various IT/software domains, freelancing may prove to be a lucrative source of secondary income. Increasingly, companies are turning to outside sources for specific assignments, and if you can prove your worth there will be more work available. Even simple skills like data entry may be to your liking, provide you can offer at least 5-10 hours weekly.

All you need is a computer with an Internet connection and the desire to build a respectable clientele. Chances are that these opportunities will allow you to gain valuable experience and skills that will prove valuable in your existing business and professional career.

See also: How to Make Money Selling T-shirts Online

Start Your Online Business Today!

digital marekting
kaan tanman/E+/Getty Images

Think about it, making money online is surprisingly easy once you set your mind to specific income goals. Ideally, the activities that you choose to engage in are fun, exploit your talents and interests, are worthy of your time, and offer fair compensation.

As the Internet continues to evolve, opportunities to earn supplementary and full-time online income will grow. The very definition of work in an information-based economy is evolving, with traditional full-time jobs disappearing in favor of different arrangements (e.g. self-employment, flexible schedules, changing skill sets, etc.).  In this respect, giving it a try can open up new career and business options.