If you ever thought to make money in 2016, then hop in, because this is beginner’s guide to money making. And, this guide will help you build your online income, platform, and a career. So, if you ever thought about the right idea or the proper guidance on working online, then this post can be a life changer.
Do you know why this article will help you?
Because this article is going to tell you about
- It will tell the exact methods to start doing something online
- It will help guide you to understand the process of each method
- It will simplify the process for you to make it easier to get started
- It will emphasize on the needs to be fulfilled as an online entrepreneur
When such things are coming your way, who is going to stop looking for it?
Let’s get started…
But the most important thing is that you need to know a few things that are extremely important in money making online. In fact, without understanding these certain things, you won’t be able to succeed in this field.
So, buckle up and get ready to read that.
Online Money Making Traits to Adopt
Before starting any activity online, you need to adopt some habits to be a successful earner. Every field has few things to adopt, So I feel Following are necessary elements to be adopted in order to successfully establish a career online:
Learn and Keep Learning
Learning doesn’t stop in any form of education, research, and business. It keeps on going. What you need to do is, do not stop learning. Once you think you know everything, the thirst of learning something new decreases and you might lose a few chances to get to know something new. It could be online articles, books, research papers, and even web surfing. The purpose of learning should be there. Once you’re a keen learner, you’d notice that you would continue to absorb the knowledge and information you come across.
Start and Become Consistent
‘START DOING IT’ is a popular entrepreneurial strategy that is highly practiced in the online business world. START represents taking the action. If you’re a beginner in online business, whether you want to become an internet marketer or a blogger, what you need to do is MAKE A START. The next part is getting CONSISTENT whatever you’ve chosen to do. Most of the failures in the world have only one major problem with them and that is they lack CONSISTENCY! Just keep on doing it
Deliver and Become a Giver
Another important trait of being an entrepreneur or a successful starter is that you should know how to deliver to the audience. It includes what you have got, what you have chosen to share, and what else you can find to deliver to the target audience. Being a GIVER makes you prominent. In the online marketing world, GIVING is the most respected and regarded strategy. Pat Flynn believes in GIVING more than you ask from your audience. Adam Grant’s book GIVE AND TAKE preaches about GIVING too.
Methods to Make Money Online in 2016
Take a look at the money making methods which could be used in 2016 and try to dig deeper with the insights shared below:
Blogging is by far the most popular and known method of making money online. New bloggers are coming in, they are starting their blogs, a few get fed up and leave, and the process continues. In this article, you’ll come to know about making money online through blogging. Some of the newbie bloggers think that blogging is all about writing articles and getting paid. It doesn’t work like that. It isn’t necessary that you have understood the monetization methods such as PPC, CPM, Affiliate Marketing, and Direct ads, so now you can make money in a jiffy.
I’m sorry. No!
It doesn’t work like that. The job of a blogger isn’t that easy. A blogger is a person who has a specific knowledge, understanding, or information to share with the specific audience via blog publishing. Suppose a blogger is a knowledgeable person, he keeps his research going on the specific topic (which is known as niche or category of the blog in blogging field) and has got enough material to share in a dozen of blog posts for a couple of weeks. It doesn’t necessarily mean that he will make money off of that knowledge or information. Suppose, he manages to publish that content, who would care about his articles if he doesn’t have an audience?
So, when great content meets relevant audience, then it works.
This tells us that Blogging isn’t just about publishing content, in fact, it also has to deal with the following things:
- Selecting a target market
- Writing useful content
- Engaging the relevant audience (Learn How to Convert Blog Visitors Into your Subscribers?)
- Delivering them value
- Getting the reward
Now there are actually a few methods that help you get paid while you were blogging and readers are actually liking your content:
Contextual Advertising – It includes online banner advertising which is operated based on the content of the sites. Normally Pay-Per-Click (PPC) model of advertising is based on the contextual ads.
CPM – CPM is a cost per 1000 impressions advertising model. It doesn’t have to do anything with content or text of the pages.
CPA – CPA is a cost-per-action advertising model. In this model, an ad publishing generates money after a specific action completion such as a sign-up, form fill, download etc.
Affiliate Marketing – Affiliate Marketing is a money making system which pays commission to the referrer after a sale is generated on the referred traffic. Affiliate sale is a percentage of the sale which is given to the affiliate marketer. In past, I have highlighted 6 Ways to Make More Money & Sales with Affiliate Marketing, it’s a must read.
ClickBank – I have also written a guide on how to make money with clickbank?, do check it.
There are a number of advertising companies available for every type of monetization model.
NOTE : Checkout my Blogging Series Overview [Complete Guide to Blogging] where I have written a series of article on how to start your blog, what tools you need to have and how to make money via blogging. [A Must Read].
UPDATE : Also check the Complete Guide To Start The Blogging Career.
The debate isn’t about choosing the right monetization model to make money off of your blog. The purpose of explanation is that BLOGS do make money when they become popular, and they become popular when they serve their audience.
Don’t focus on the money-making factor of your blog. Just think about the VALUE you want to deliver to the possible audience. You may be able to setup your blog in a few minutes using WordPress, but it doesn’t mean you will be making money in the next hour. It will just start a new learning experience, be patient and money will come automatically towards you.
Note : If you are interested in starting a blog for your own or you want to have an online presence, or you as a company want’s to engage your audience with a blog, why don’t you have a look on my tutorial, which will help you to start your blog in just 15 minutes for a fairly cheap price (the low price is only through my link), For your information, if you will buy 12 months of blog hosting via my Bluehost link you are going to get 1 free domain as well, and the cost is going to be dirt cheap at annual package and it’s fairly easy to earn money from blogging too if you have a self hosted blog and you know how to monetize it well, also if you have bought it from my link and still having troubles, then reach me for a FREE setup, Good luck!
Freelancing is another method to make money online. This is something you should not miss out. Now blogging requires some kind of knowledge to share, plus, it requires English writing skills, which could be a no go for many of us around.
Whereas, freelancing is a bit different and thats why it is being said that ‘Freelancing is a serious business. Although, it requires communication skills and fluent English speaking but it may land you some incredible opportunities when you get a chance to communicate with foreign clients across the globe via social networks, freelancing sites or skype.
If you are not convinced yet then let me tell you that Freelancing is an emerging money-making trend. It could be a job if you take it as a part-time job, and once you’re up for a challenge, you might accept it as a full-time living. According to an estimate, there are 53 million Americans are freelancers and it will likely to grow as it is 34% of the overall workforce, which is expected to reach 50% by 2020.
These predictions about Freelancing boom in 2015 were proved right — We have seen a rapid growth in the demand of freelancers as well as the adoption of freelance working trend.
The freelancing sites such as Upwork, Freelancer, Guru, Peopleperhour and Fiverr played a huge role in introducing the freelancing lifestyle globally. However, the freelancing doesn’t necessarily inclined to above-mentioned networks. Freelancing is a business as well as a lifestyle. I know ample of people who do freelancing without these websites, for some it’s generating personal relations with the buyer and then selling the services however that’s a different story and I will explain it later in the post, for now let’s stick to our topic.
Freelancing gives you the following benefits:
- You are your own boss.
- You can make some extra cash
- You can turn to a full-time freelancer
- You can do freelancing as a part-time job
- You can do whatever you love to offer or sell
- You can develop a brand around your passion
- It builds your relationships while you make money
- It gives you freedom to choose the project you like
- It provides you an opportunity to work from home, office, or anywhere else
There is a dozen of perks of being a freelancer. It doesn’t mean it isn’t challenging.
Like any other job or business, you have to do a lot of struggle to get out there, put your name out, negotiate with clients, and deliver the quality work in order to get paid.
Since freelancing isn’t associated with a handful freelancing sites, it means you can be a freelancer without creating your profiles on those freelancing platforms. The purpose of those sites are to manage a profile as a portfolio, and if you choose the other way around, you could do it your way. However if you are going to start freelancing as your carrier then 15 Common Freelancing Mistakes Which are a ‘NO’ go for any Freelancer should be a must read for you.
Following steps will help the cause:
- Personal brand – Build your personal brand and put name, face, domain, and website address out there on the market.
- Personal website – Get your personal website up and running. Your domain must be representing your full name. People must find you through your personal website.
- Write Blog – It is no brainer. You can use a WordPress (self-hosted platform) to manage a personal site and blog together on the same site. Write your blog regular and try to help the target audience.
- Case Studies – Discuss stories on how you were able to help several clients using your services or how several clients were able to get their issues resolved using your services. These case studies make people imagine how you can help them and it’s a much better for convincing them to buy your service.
- Social media – Build your social media profiles for your personal brand such as Facebook page, Google+ page, LinkedIn page, Twitter handle etc.
- Engage Audience – Publish content on the regular basis to start engaging the audience through your content. This is what exactly content marketing does.
- Build Relations – PR and networking will matter. Build your connections online and offline to grow your network.
Recommended Reading :
- A Complete Guide To Starting a Freelancing Career
- 8 Ways How You can get a Job anywhere through Your Fiverr Profile
- Top 11 Ways To Sell Your Video Creation & Editing Service Online
- 5 Quick Tips to be AWESOME at Fiverr as a Seller
This might open up your mind. Money making online doesn’t only mean that launching a website or writing a blog — It could be anything associated with world wide web, and furthermore, establish an online income method for you.
Online selling is a process of selling goods and services online. When it comes to selling services, people most look at the freelancing services to create their provide and start offering their services. The problem is that it should be not labeled to the certain type of online money making method. Online selling could be anywhere, and hence, it could be anything someone wants to sell and buyers approach them to buy it.
Facebook store is a viable option to begin your online money making career. Tools like Storefront Social and Storeya are helping hundreds of thousands of entrepreneurs and online sellers who are taking their online selling to the next level.
In fact, if you don’t find it comfortable selling products directly on Facebook and rather prefer to use Facebook page as an engagement channel, that will be normal. People do this thing. You can still go online for selling your products but on a different platform.
Online selling could be on any specific platform which is used to reach out to the people across the globe. The e-stores are a perfect option to do that.
Selling a Service Online
Let’s take online selling to the next level. When it comes to money making online, there is no bracket on the physical product or online service, so why not to use the opportunity. In fact, freelancing is pretty much about selling the services online.
There is a slight difference in being a freelancer and solely selling a service online.
The next part will explain that…
Selling a service is probably going freelance without depending on the freelancing platforms. In fact, it is about building your personal brand and putting your name out there to get hired without depending on third-party freelancing platforms.
The simplest way of selling a service online is that DECIDE what you’re good at, and then prepare yourself to market your TALENT. However, you will be required a few things to create in order to engage the prospective customers online. Take a look at those things:
Website – A website makes your business online. You can set up your website within hours using WordPress open source program. Build your website and get ready to be seen everywhere.
Fixing Small Issues – People have issues transferring sites from one host to other, they want to tweak small settings in their websites, documents, presentations and other things.
Blog – A blog is a publishing platform which could be made available to you along with your WordPress based site.
Social Media – You must take your brand to the social media. Choose the select numbers of social media platforms such as Twitter, Facebook, Instagram, YouTube or others, and then try to build your audience on those platforms.
There are a number of services that you can sell online. Although, the online service selling opportunities aren’t limited to certain jobs, in fact, you can sell anything people need and willing to buy whatsoever.
Use your online presence to market the services such as:
- Writing – If you’re a good writer and you think you have an experience that can excel the writing business, you can follow up the whole website launching process, get your website up and running, and start selling your writing service.
- Graphic designing – Just like any other creative service, if you have a talent like graphic designing, you can definitely go online as a graphic designer, put your portfolios out there, and start engaging the audience using your website.
- Web designer – A website designer could get his/her website ready in hours. Use your website to sell your web design service. Maybe, you want to do it as a part-time job or want to quit your job and want to do a freelance business. Give it a shot.
- Video Editing – If you’re a video editor, there is a lot of scope for you out there. Don’t take your expertise for granted. Instead, use to make some extra cash.
- Consultancy – If you have any other kind of expertise. Go and turn to an expert in that area. Set up your own website or hire someone to set up for you and provide all the details to put on it, and start selling your consultancy, whether you’re an architect, construction manager, or a chess expert. Start selling something you are really good at.
Vlogging is an emerging trend on Video Sharing Platforms specially YouTube. It has been growing rapidly over the last few years. Vlogging or Video blogging is a video form of blogging in which video is used rather than text-content. It works like short-films.
Bloggers write blog posts to communicate, entertain, and educate the audience. Vloggers do the same thing with their medium which is video. If you don’t any kind of knowledge, expertise, or writing exposure, but you still want to do something online, then keep reading…
Vlogging isn’t an easy thing.
In fact, it requires a lot of struggle. Not only does it need so much hard work to create helpful and entertaining content, but it also takes time to get traction and get noticed. YouTuber Vloggers are getting popularity.
Vlogging requires your PASSION to do something online and CONFIDENCE to face the world and deliver something valuable to them.
The opportunities are limitless.
All you need is to start looking for them.
This beginner’s guide to money making will help you understand that how to RECOGNIZE your talent.
Read it once again…
You might find a clue about your TALENT or PASSION which you can actually sell out and start making money out of it. The choice is your’s.. opportunities are there..
What would you do after reading this article? Tell me in the comments section.