So you want to make money online.
You have probably already found a lot of bloggers who explain how to do it. And most of them are probably not making a single euro (avoid anyone who tells you to fill out surveys or click on ads to generate income).
Not to mention those who only make money selling courses where they teach how to make money. Paradoxical, right?
Is not my style. I’ve been living off the Internet for years, generating thousands of euros and learning the ins and outs of online business.
Online course income
In a week I have earned more than 8,000 euros.
First of all, you should know that making money online is not easy or fast. It never has been, regardless of what you read or want to sell you.
I have had to put in a lot of effort and sacrifice a lot of my free time. I have spent sleepless nights, I have invested hundreds of hours in learning and I have given up my holidays while trying to earn my first euros.
But it was worth it.
The big advantage is that you no longer need technical knowledge. Before you had to know how to program to create a website, but today there are systems so intuitive that even a child would know how to do it.
So the opportunity is now.
In this article I am going to reveal the 10 best ways to earn money on the Internet for its economic potential, simplicity and ability to generate income in a stable way. And since I want to be totally transparent with you, I will also show you my own results.
I remind you that here you will not find high risk or ridiculous income systems such as filling out online surveys or playing poker. If you want to make real money, you are going to have to work for it.
Active versus passive income
Before you start, you should know that there are two ways to earn money online: active and passive systems.
Assets are those that require you to be doing something to generate income, such as selling crafts made by you, translating texts or playing poker.
Liabilities are those that, once created, require practically no further action on your part. Think of the advertising income generated by the readers of a website or the dividends you get with an investment. After the initial effort, then you don’t have to do practically anything else.
The latter are the most desired.
Thanks to passive systems you can continue to generate income while you sleep, are traveling or dedicate your time to anything else. They not only give you money, they also give you freedom.
And it’s not that active systems are bad, but the Internet is like a showcase that never closes. It’s always up and running, and you can take advantage of it to get a steady stream of income.
How to make money online: 10 formulas that work
Let’s now see the best ways to earn money online due to its economic potential, simplicity and reliability, and the results I have achieved with them.
1. Make money with affiliate marketing
This is the system with which I earned my first euros, and in my opinion it is one of the most affordable ways for any beginner who wants to generate passive income.
It hardly requires knowledge, the investment is almost zero and its income potential is very high. In addition, once assembled you can practically forget about it: only minimal maintenance will be necessary.
Affiliate marketing consists of creating a website where you will publish product analysis and recommendations. In these analyzes you will put links to other web pages where the product is sold. If you end up buying it, the seller will give you a commission for having referred a customer.
Logically, you must first have reached an agreement with those web pages. Luckily, today there are affiliate platforms (the best known is Amazon Affiliates) where you only have to register to be part of that agreement.
Let’s say you are passionate about photography. You could create a web page where you would post reviews of different cameras or lenses with a link to the product page on Amazon for readers interested in buying.
This, for example, is an affiliate link.
Your website would appear in search engines like Google when people searched for analysis or comparisons of those cameras. They would go into your article, click on the affiliate link, and if they ended up buying, Amazon would give you a percentage.
Do you see where the grace is? You create a web page, you publish articles and, once they have visits, it becomes an automatic system that you should not be attending constantly. Now that’s what I call money online.
The income potential of this system depends on the market you have chosen (the more that category of products is sold online and the more expensive they are, the better), but also on the time you invest.
These are basically the tasks you will have to do:
Create a website. You can do it in 15 minutes with this tutorial.
Write analyzes, comparisons and recommendations. You will spend most of your time here. You can pay someone to do it, but I recommend that you write at the beginning to gain knowledge and practice.
Position your website in search engines. Although in markets with less competition your website can position itself practically on its own, sometimes you will need to present your website in other places on the Internet to make it more visible.
Ok, but how much money are we talking about?
I like that you ask me this question. So you can see what this system is capable of, this is what two of my affiliate websites generated during the month of July.
This is the most veteran website (I am very fond of it), in a technology niche:
Income Amazon Affiliates 1
And this is barely 11 months old, but it is already around 3,000 euros per month:
Income Amazon Affiliates 2
If I add the rest of the websites, the figure exceeds 7,000 euros per month on automatic pilot.
As if that were not enough, when Christmas arrives, the income multiplies by two or even three. This is what I earned with a single website during one month of December:
Amazon affiliates December
Earning some money with affiliation is relatively simple, but if you want to invoice figures like these you will have to dedicate many hours and effort.
So forget about anyone who sells you that you can build such a system on a Caribbean beach overnight. To earn more than a dozen euros a month you will have to sacrifice a large part of your free time.
The good news is that, after the initial effort, you can dedicate yourself to reap the rewards. Not to mention that you can maintain the system remotely, working from anywhere in the world (something important for a travel lover like me).
If you are looking for a tutorial to learn how to sign up and earn money with Amazon Affiliates, click here.
Simple and easy to implement, even for inexperienced people
Passive income generation system: you must not manage stock or make shipments
High income potential
It can be integrated into your blog if you already have one
The commissions of the best-selling products are usually low
The challenge is to position the web above online stores
There is more and more competition, the opportunity is now!
2. Create a website and monetize it with Adsense
Another of the best ways to passively earn money online is by monetizing web pages with advertising.
The concept is similar to that of affiliate marketing: you create a website on a topic, attract readers and once they are there, you earn money when they perform a certain action.
The great advantage of advertising is that you don’t need the reader to buy to earn a commission. The most common is that you earn money when the reader clicks on an ad (what is known as PPC -Pay Per Click-).
In fact, this is the way the world’s largest ad network works: Google Adsense.
Adsense is so popular thanks to its ease of use and number of advertisers. You simply sign up and, once your application has been approved, you can place ads on your website by inserting a small code.
With Adsense you do not choose what type of ads appear: Google takes care of doing it automatically according to the theme of your website and the profile of the reader. This way you can display personalized ads for each reader, which has three benefits:
Maximize the money you can earn from advertising. The more relevant and specific an ad is, the more likely the reader will click on it.
It saves you from having to contact any advertiser directly. There are hundreds of thousands of companies advertising through Adsense.
That the ads don’t seem forced. As they are personalized for the reader and theme of the web, they are integrated quite naturally in the pages.
Unlike affiliate marketing, here the ideal is to create a web page that provides general information on a certain topic rather than publishing comparisons and analyzes.
For example, you could create a web page where you publish cooking recipes or information about dogs or even dinosaurs (like this website).
The potential of this system depends fundamentally on three things: the theme you have chosen, the number of visits the website has and the percentage of those visits that click on the ads.
Adsense ads on a dog website.
The first point, the theme, is fundamental, because according to that you will earn more or less money per click.
For example, on a cat website, Adsense might advertise cat food. However, on a website about university courses, advertisements for postgraduate and master’s degrees that cost a fortune will surely appear.
In which one would you earn more money?
Indeed, in the second. Since the advertised product is more expensive, the advertiser is willing to pay more money.
To find out what potential a theme has with Adsense, use the Keyword Planner. Enter the theme there and see if it is something that is searched a lot in Google, and how much advertisers are going to pay you per click (what is called a bid).
One part of the bid (68%) is yours and the other (32%) Google, so the higher the bid, the more money you can earn with a website on this topic.
For example, if you created a website with information on recipes, each click from your readers would generate you between 0.16 (68% of 0.24) and 0.19 euros (68% of 0.28). This is an average of 0.175 euros per click.
The percentage of readers who click on an ad is usually around 1.5%. Therefore, if you had two thousand page views per day, the calculation of monthly income with Adsense would be the following:
60,000 page views / month x 1.5% clicks x 0.175 euros = 157.5 euros / month
In this case, the click pays little, so to earn a good figure you would need to have a huge volume of visits.
If you created a website with information on forex and currency trading, with the same number of visits you would earn much more money:
Each click would generate around 7.8 euros (68% of the average bid), so 60,000 page views per month would translate into:
60,000 page views / month x 1.5% clicks x 7.8 euros -> 7,020 euros / month
In addition to what they pay you per click, the income potential is determined by the number of visits the website has. And that depends on the number of people who search for information on this topic on Google.
Fortunately, Google’s Keyword Planner also offers an approximate range of the number of times a month a certain word or phrase is searched 🙂
I know first-hand people who bill thousands of euros a month with Adsense. In my case, I have used it as a complement in poorly paid themes and it still provides me with almost 1,400 euros per month:
Although this theme pays little, I make up for it with the volume of visits.
Monetizing web pages with Adsense is relatively easy, but the most profitable themes are usually VERY competitive. To generate thousands of euros, you must choose a high-potential theme and work hard creating content and positioning it on Google.
With some effort you can get a bonus per month
It hardly requires investment
Relatively simple to implement
Does not require constant content updating (unlike affiliate marketing)
High competition in the markets where Adsense pays the best
Usually you will need a very high volume of visits
3. Sell courses and services with your blog
If the previous two were two of the best ways to earn money online, this is the BEST way to earn money online.
But like everything else, the more money something can generate, the more effort it takes.
It is about creating a blog on a specific topic, positioning yourself as an expert in it, and selling your own paid online courses.
Course sales page
Sounds difficult? It takes effort, but it’s not that complicated. The key is to choose a topic that you master, where people are interested, and build a reputation by publishing content.
The advantage of paid online courses is that they can become totally passive systems, because once created it costs you the same to sell one as two hundred. You just have to publish it in video or PDF format and sell it through an automated system to your subscribers.
This is what I do on my blogbilidadsocial.com. As I am passionate about social psychology, a few years ago I decided to start a blog offering scientific and practical information to shy people seeking to improve their social relationships.
At first it had hardly any readers, but little by little it became popular. Today I monetize it with online courses where I teach how to overcome social fears and achieve a more charismatic personality.
Every time someone subscribes to the blog, a sequence of emails is activated that send them valuable information. After a week, you receive an email presenting the premium video course if you want to sign up.
In this way I invoice an average of 1,000 euros per week on autopilot with something that makes me feel proud.
We’ll bring you many more ways to do nice profits online – soon!