There are many ways to make money online. So, what is the easiest and most profitable way to make money online. I will list down 2 lists, the easiest list and the most profitable list.
The Easiest Ways
Here are 3 of the easiest ways to make money online in order of increasing difficulty
1. Simple online jobs
This is by far the easiest way to make money online, requiring you only to open an account. Most of them also pays through paypal which is easy for anyone to set up. Most of these job sites require you to perform simple jobs like surveys, testing user interface. Some even do not require you to do anything except installing their apps on your mobile phones.
However, most of these jobs do not pay so well, although some of them do pay decent amounts. You have to sieve through them to find the ones worth your effort to perform.
The bigger problem, though is that there are not enough of such jobs for you to perform for you to make a regular income off it, especially those that pays. What is more, you have to compete with many people to do the same tasks.
Hence, this is a good way to make some extra money on the side, especially if you do not want to think and do too much. Simple job sites which I personally like are swagbucks and Paid Viewpoints. They are simple survey sites which I found to be good for times when I am free and not much to do.
2. Selling on Red Bubble
The second easiest way of making money is selling on red bubble. Basically, it is a platform for artist to sell their designs to the world. It is very easy and free to register . All you do is to upload your design to the platform with a few clicks of your mouse and you are in business.
What Red bubble will do is to take your design and paste it onto all kinds of merchandise like t shirts, stickers, clocks etc etc. Whenever a customer fancies a product that has your design and orders from red bubble, you would make a profit which is the difference between your set retail price and the base price.
The base price that red bubble set covers everything from marketing, sales, production, shipment and customer service.
How is that for a truly passive income stream. You do the work once, upload it and wait for the money to come in.
What is more, the designs that sell are usually the simple ones with some illustrations and text which anyone can do with a simple platform like Canva.
3. Affiliate Marketing
The last of the easiest way to make money online is affiliate marketing. Actually, there is a paradox. It is one of the easiest but at the same time one of the most difficult.
It is easy because all the product development has been done for you, all you have to do is to recommend the company’s products to those people who needed them and if they buy on your recommendation, the company rewards you with a commission. All you do is is copy and paste the afiiliate link and promote it. That how easy it is, just copy and paste.
The difficult part is how to do these so much better so that the customers who needed the product buys through your recommendation link (or affiliate link). Do not forget the company themselves may be investing heavily on marketing and promotion. Secondly, there may be thousands of affiliates who are promoting the company’s products as well.
The most profitable ways
Here are 3 of the most profitable ways to make money online listed in increasing profit potential
1. Selling on Redbubble
Although selling on red bubble can help you to get passive income, it may not be the most profitable. This is because the profit margins are pretty low. In the case of red bubble, it comes in at about 15% as there are costs associated with the production of the product.
However, if you are passionate about art and are able to submit many designs up, you may get a few that are hits and make you quite a bit of money.
2. Affiliate Marketing
Another profitable way to make money online is through affiliate marketing. Depending on what programs that you market, the profit margins are typically much higher, with some paying hundreds of dollars.
The challenge for any marketer is always in their ability to deliver their links to a massive audience in an authoritative and trustworthy way.
To do really well in affiliate marketing, you must promote your online presence on the internet and build up a large following either through driving traffic to your website through SERP ranking, blogging or organic results to your fanpage or youtube channel.
If in the process, you can build up your own database of loyal subscribers who follow your recommendations and buy through your link, your profit potential increases exponentially. This is because you can market to this group repeatedly not only for the current product but for all subsequent future new products.
At the same time, regular communications to them can increase their trust in you and your expertise. This is true whether online and offline, people buy from people they trust and respect.
Therefore, while it can be easy to start, it takes some effort to be really profitable. However, recently an expert marketer has developed a simple system which allows you to build your list of loyal email subscribers really quickly.
What is more, he not only will show you how he does it, he will give you a copy of his website which does this for him. So, check out his simple system right now.
3. Online Trading
The last and final way to make money online may come as a surprise to many. To me, this is potentially the most profitable thing you can do online.
Because with leverage, you can potentially make a lot of money within hours. What i like to trade is the XAUUSD on the 30 minutes chart.
However, it is not exactly easy. For one, you have to get yourself educated especially critical being the risk management skills. And to make money, you have to learn to control your emotions. Otherwise, instead of making money, you end up losing a lot of money.
Secondly, you need a certain amount of capital to start. Of course, as with any form of trading, it is associated with a certain amount of risk. Therefore, I would advocate this for someone who is willing to really learn the techniques as well as risk management skills. You can check out more from http://channelsmoney.com/category/online-trading
What is the easiest and most profitable way to make money online
Looking from the above, i personally feel that the easiest and most profitable way to make money online is still affiliate marketing. This is because as long as you put in some effort to build up your online presence, a lot of money can be made by recommending many different products to your customer base.
Of course, starting out on anything is not easy. So, my recommendation for anyone who would like to make a full time income from online is to embark on affiliate marketing.
In the meantime, try to do some online jobs and also join red bubble for the passive income.
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