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There are really only 8 different ways to make money from an online side business, and I have summarized them all for you in this post.
If you are planning on starting an online side business someday (which is really something you should be doing – that’s the whole purpose of reading this blog ), then your business idea will almost definitely fit under one of those areas. Just as a side note, this is going to be a part of a series of 8 posts that I will be writing in the future.
In my upcoming posts, I will go into more detail about each one of those ways to make money, and include specific examples of how to get started.
Sell digital information products that can be downloaded, such as an ebook or a video course.
Sell standalone software or software as a service (web applications) that users can download or subscribe to. Every single person making money online (that I know of) is using one of those methods, so your million dollar side business idea will fit into one of those buckets.
As I mentioned, I’ll get into more detail about each one of those ways in my upcoming posts, so make sure you subscribe to this blog if you haven’t already.
A blog is just a marketing tool that helps you make money using one or more of the above methods.
For example, I run a blog called “The Couch Manager,” which is about working productively from home. You can technically sell your services and products on other established marketplaces, and I’ll get into those later.
Plus, if you’re an employee, there are a lot more benefits you will gain from blogging than just making money (read my guest post on ProBlogger about Why Every Employee Should Start a Blog to learn what those benefits are). I will be getting into the basics of how to set up your own blog to maximize your chances of making money from them in future posts as well, so stay tuned.
Whether you are a newbie or an experienced online business owner, you need to create a good marketing plan, customer loyalty and innovative ideas to make your business successful. You can generate as many innovative ideas as you want, but they are useful only when you are able to implement them successfully. Write high quality content and use the right keywords in your web content to make your website SEO friendly. Besides these marketing strategies, you can also use viral marketing strategies to promote your business fast. Use social networking sites such as Facebook, LinkedIn and Twitter to attract visitors to your website. Give your online business sufficient time to develop and learn what works and what doesn’t for it. This first post is an introduction that gives an overview about all the 8 different side business ideas you can pursue. I will also share how some individuals are currently running their businesses, and how much money they’re making. You get paid when someone buys the application or when someone clicks on advertisements in the application. However, having a blog will make it much, much easier for you to sell and to get feedback about what people really need. Many online business starters fail to make their mark on the web because of lack of persistence, dedication and hard work. It is not hard to start an online business but to be successful; you have to make the right choice.

Don’t try to stuff keywords into your content otherwise your site can get penalized by Google. Viral marketing uses people to transmit a message to their friends and colleagues to create brand awareness. Are you thinking that you have to spend your whole day on these social networking sites to interact with your fans?
Someone, somewhere can use your skills and talents – and they’re willing to pay you for it.However, use caution when you see the phrase “make money online,” as it could be a scam.
In fact, some people have become millionaires with zero knowledge about anything to do with writing or application development. I also have a side bar Google ad and affiliate links within my posts about specific products that I like. Bear in mind that you have to spend your money wisely and question every business move you make.
Choosing the right keywords and meta tags can dramatically improve your search engine ranking. These search engines will produce far better results than other marketing techniques like e-mail, print media, television ads etc. Keep track of the growth of your business and pay attention to the different segments of customers visiting your website. Therefore, be patient, believe in yourself and work hard to achieve your goals and make your online business a success.
So I make money from publishing ads, promoting affiliate links and selling an information product – not from the blog itself. Also, you should be aware of marketing tactics and strategies that will work best for your business. This will give you the opportunity to improve your existing products and make new products even better. Apply the search engine optimization strategies to get your website noticed by search engines like Google, Yahoo and MSN. However, you may also use these marketing techniques to spread the word about your business.
These sites are used for communicating and sharing content with friends and family, promoting business and building traffic. To make your work a little bit easier, here are some tips to make your online business a success. Make an effort to understand the expectations of your customers as it is essential for your business growth and staying ahead of the competition. Find every possible way to promote your business and make a good impression on your website visitors.
Keep in mind, your availability and degree of commitment will determine the future of your online business.
While some have bigger payouts than others, if done the right way they can all add up to a healthy income.1. Become an Online ResellerAn online reseller purchases items and resells them on sites like eBay to make a profit. Sellers determine the price by the market and the value of items they sell, so it’s imperative that you have a strong knowledge of what the product is worth (market value). Depending on the volume of your business, reselling on eBay and other sites could become a lucrative full-time job.2.

Try Affiliate MarketingAffiliate marketing is one of the fastest-growing ways to earn money online.
What’s great about becoming an affiliate marketer is that you don’t have to create any products yourself. One piece of advice, don’t join every affiliate program you come across in hopes of increasing your streams of revenue. Crew, Express Jet, 1-800-flowers and IRS outsource their customer service to third parties who then hire home-based workers to take calls. Tutor Online With a college degree and skills in math, science, English or a variety of other subjects, online tutoring might be the right fit for a little extra cash. Transcribe Audio Although most transcription companies will require you to pass an entrance exam, once you get your foot in the door there is real opportunity to make money.
TranscribeMe offers short audio files to be transcribed at a rate of $14 per audio hour, with potential to earn up to $20. The key here is audio hour – your speed and efficiency will determine your overall hourly rate.6. Be a Nurse on Call Registered nurses should consider a company like Fonemed, which provides phone-based triage and medical information to customers in Canada and the US. Companies like Fonemed contract with medical-related clients, doctor’s offices and pediatrician’s offices to answer questions during non-office hours (usually weeknights and weekends).
To be considered, you must be licensed in the state or province where you are located and have at least three years of recent clinical experience with adults and children. Typical Fonemed nurses make $27 an hour and are eligible for benefits like health insurance and paid leave.7. While $0.99 is a cheap price for a consumer, multiply that by the millions of people who have the device to download it. Take Online SurveysYou definitely won’t get rich taking surveys online, but it’s an easy way to earn a little cash on the side.
Closed CaptioningWork from home doing court reporting or creating closed captioning for the hearing impaired for television, videos, etc. It’s an industry you can break into with just a little training that inevitably pays quite well. Captioning is generally done with a stenotype machine, and if you are trained to use one it is possible to type over 200 words per minute. If you aren’t trained, visit the National Court Reporting Association for more information.10 Take Part in an Online JuryThink about this.
These cases are real and your verdict will give them a prediction of how things might go in the courtroom.
Become a Virtual AssistantBusiness owners and other professionals are in need of personal assistants but can’t afford to add a permanent position.
Flip Domain NamesOne of the easiest ways to make money online is by buying a domain name for a low price and selling it for a higher price. You can purchase domain names through sites like GoDaddy or in an online auction at NameJet.

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