Since you have landed on this page, It’s sure that you are looking for the ways to make money online.
You may just be looking for a bit of extra cash for fun or a continuous stream of money to meet both ends.
You might be employed, fired from the job, looking forward to leaving the job, a student, work from home Mom, or a retired person and asking yourself “There must be some way of making a bit of money while you are doing nothing"
Instead, whenever you are online, you will find that people trying hard to get you to join or signup or invest in some schemes. Everyone seems to be after your money.
You will find that all the people out there have some business opportunities that would make you rich overnight but back in mind you know that they do not work.
If making money online is that simple, then why are they selling different programs for $17 or $27 and why they keep on bombarding your inbox with different offers requesting you to join any one of their so many offers.
One thing is for sure that making money online is neither simple nor impossible and it needs some hard work and Of course a little investment (But how much? I will discuss in a bit later)
Well, there's good news. There are easy ways to make money online from the comfort of your home even without leaving your bed.
When a Lazy person like me can make money, you can too.
“How to make money for Lazy People” does not mean that it is just for lazy people, any one make money using these methods. I just used the title to indicate that you can make money working at your convenience, any time of the day. You can afford to sleep as much as you want.
There is no prerequisite and anyone can learn these methods and make money but you need to keep patience and be persistent. Initially, you will have to spend 3 to 4 hours a day but it will come down to 1 to 2 hours every day in few weeks
In this article, I will discuss all the tried and tested ways which can be employed for making money online. Then towards the end of this article , I will surely share my preferred method that has helped me making more than $10000 or more per month for the last few years.
Let us start now. And In case you are just in hurry, you can leave your email below for getting the complete details of the method employed by me and how can you replicate the same in your inbox.
This method is quite popular amongst people who are just looking for some extra money. In case you are already employed and looking for some extra money then you can join a company like Panda Research.
Surveys are time-consuming and companies pay very little for taking surveys. In most cases, people do not reach the threshold limit and thus not able to withdraw any money. 95% of people just stop taking surveys after 2 to 3 surveys. They would realize that this is just a waste of time.
In case you are interested in making money by taking surveys, you can read the complete tutorial here.
Making Money with YouTube Channel:
YouTube is a good platform for making money. YouTubers nowadays are self-made celebrities. You can make money by creating content for teaching something, reviewing products, or entertaining. In case you want to know how much money people are making on YouTube, you can check this article on forbes
There are 2 big problems with this way of making money.
- Most of the people are camera shy. The problem can be solved by Using Text-to-Video Software like Vidnami (Click here for 14 days free trial) or you can create an explainer video using explaindio.
- YouTube has changed the policies and has made moneymaking very tough for newbies. You will have to apply for the YouTube Partner Program and have to be accepted by them.
Following are the minimum eligibility requirements for YPP
- Live in one of these.
- Must have more than 4000 watch hours in one year.
- Your channel must have more than 1000 subscribers.
- Must have been accepted by AdSense and have a linked account.
Fulfilling these requirements is not impossible but It will take time. In case you are interested in making money with YouTube, you can check this complete tutorial for creating your own YouTube Channel.
Creating Your Own Money Making Website:
This is the most preferred way of making money. You can create your own website and start making money. Do not worry about the technicalities at this moment. I will make it very easy for you and you will be able to create your own money-making website in less than 30 minutes. But first, let me discuss below the type of websites that can be created for making money.
You can start with any one of the following websites for making money.
eCommerce Store :
You can start your own eCommerce website for selling products of your choice.
The following major steps are involved in running an eCommerce business
- 1Identifying the products: The first important step to building your eCommerce business to decide which product you want to sell. This will take a lot of time. You can find the best products using Oberlo.
- 2Research and Market Analysis
Once you have selected the product, you would like to do proper research on
- Demand and supply ratio.
- Market size
- Available Sources
- Anticipated technology changes or change in Government Policies that can make the product obsolete or difficult to source
- Production cost
- Break-even time.
- 3Naming the business and creating a Logo
- 4Sourcing the products / Start own manufacturing
- 5Booking a domain name
- 6Buying a web hosting space
- 7Creating Website
- 8Creating Social Media Pages
- 9Promoting the product
- 10Selling and Receiving Payment from customer
- 11Shipping the Products
- 12Warranty and After Sales service
- 13Taking care of Returns and Funds
Many people do not prefer to create their own website initially and sell products on Market networks like Amazon, eBay, or Walmart
This is another way of eCommerce business with the difference that you do not ship the product sold by you rather make an arrangement with the Dropshipping vendors to ship the product to the customer under your brand name.
All the steps involved in Dropshipping business are the same except that you will not be shipping the products yourself
The major problem of dropshipping business is that you do not have any control over the product quality. That can be overcome by selecting the dropship vendor based on their ratings.
The other problem is return and refunds.
In case of any return, the product would be dispatched back to the Dropship vendor and you will have to process the refund. In case you are dealing with a new dropship vendor, they may not refund your money. You can again avoid this by checking the vendor’s rating and customer’s feedback.
The returns must be handled carefully to avoid any negative ratings and feedback about your business.
Affiliate Marketing - My Preferred way of Making Money:
Affiliate marketing is the process of promoting other's products for a commission.
This is the best and hassle-free method of making money. The following are the major benefits of affiliate marketing
- Do not require your own product.
- You will not be keeping any inventory.
- You will not ship the product.
- No worries about return/refund/warranty. All these will be managed by OEM.
- You can promote any product/brand or make. No need to spend money on Procuring Dealership.
- You can promote physical products, Digital products or software, or even services.
- Work from anywhere and anytime. Affiliate marketing is the answer to the question you are looking forward to i.e. How to make money for Lazy People – easy ways
Affiliate marketing can be done with or without having your own website, though the website will help you build your own brand on the internet and you will get recognition.
You can create your own Amazon affiliate storefront using Stream Store.
This would look very similar to any other eCommerce store with different categories and products. The customer will be directed to Amazon Website only during checkout time. Once they buy any product in 24 hours (any product, even if not being promoted by you), you will get a commission.
You can also create a review website for promoting affiliate products. When some would be searching for a product on Google would find your review on the front page of a search engine, they would click the link and visit your website.
On your website they will read the product review, pros, and cons of using the product, and if any other better product is available in the market. After getting satisfied with the product, they would visit the vendor's site and buy the product and you will get your commission.
You still are wondering about how to create your own website for doing all this. I promised you in the beginning that I will help you create your own website in less than 30 minutes. No experience or technical skills required
Now It is time to fulfill the promise. Just fill in the domain name below and get your own ready-made website free. Along with the website, you will get access to the first module of paid training free. You can test the training and also interact with the live community to know the effectiveness of the training
There are many more ways of making money online like Online coaching, Stock marketing, Transcribing, and MLM, etc. I will be writing on each of these separately soon.
I hope you have enjoyed this article "How to make money for Lazy People" and in case you need more information, please leave a comment below in the comment section.