5 WAYS TO MAKE MONEY ONLINE 2021 | Best Online Business to Start 2021

what's up guys welcome back to my channel today i'm gonna go over five different ways that you can make money online and we're doing this because a lot of you guys have told me that one of your main goals is to quit your full-time job and run your own online business not too long ago this was one of my big goals too and a little over a year ago i quit my corporate job of seven years and i was actually able to replace my corporate salary i was able to do this by trying out five different ways to make money online so some of them i made a little bit of money and kind of gave up on and other ones i have made thousands of dollars from that's why in this video i'm going to tell you what these five ideas are how you can get started too and also i'm going to share how much money i've made with each revenue stream i'm saving the best for last so if you're interested in knowing how much money i made with my largest revenue stream then you're going to want to stay until the end alright guys without further ado let's just get into the five ways that you can make money online now the first way to make money online is by print on demand and print on demand is basically when you sell your original artwork or licensed graphics on mugs t-shirts blankets etc what makes print on demand so amazing is you're not the one that is actually making the product you're not housing the inventory you're not packaging the product and you're not shipping the product that is all done by the print on demand vendor all you need to do is supply the graphic go on a print on demand website and choose the product you want to sell that graphic on upload your design to the print on demand site and add it to the product then you can add that print on demand listing to your etsy shop your shopify shop or you can choose a print-on-demand site that has a built-in marketplace like zazzle redbubble and society6 you'll have to compare platforms for the best profit margins but i just want to show you how you can set your profit margins on printful so here you can see that printful will charge 7.95 for the shirt before taxes fees and shipping price if you charge 11 dollars for the shirt then you will profit three dollars and five cents from this order let's say you want to charge 18 for the shirt well if you're able to sell the shirt at this price then you will profit ten dollars and five cents every time someone orders so if you want to sell on etsy or your own shopify website let's say choose to work with vendors such as printed mint or printful what i love is you can actually add your own logo and branding to your packages so you get more brand recognition from your customers so if you're curious to get started and you're wondering okay how do i create these graphics or what do i do well of course if you're an artist or a designer then you already know how to create your own graphics but if you're not a designer that's okay because it's common to buy a license to other people's clipart and or fonts and create your own graphic in a program like canva which is free or if you think that's even too much you can actually go on a website like fiverr and commission a piece of artwork or a graphic for commercial use and use that graphic on various products that you want to sell how much money did i make on print on demand a whopping 67 so this was the idea that i actually realized wasn't for me but to be honest i didn't really give it a fair shot i know that there are people out there making thousands of dollars every single month on print on demand so if this sounds like something you're interested in then definitely give it a try so the second way you can make money online is through youtube now hold on a second let me explain because i don't mean from the obvious reason which would be add revenue yes you can make a full-time salary from youtube youtuber gillian perkins admitted to making 75 000 on her channel in 2020 but she has been making videos for years and she's in a niche where you typically make more money so it is possible but it depends on a lot of factors i started my channel in mid 2019 and 2020 i made over five thousand dollars in ad revenue on youtube it was my first year of being monetized and that's obviously not enough money to live off of but my point is that the ad revenue is just a bonus for me because the real reason why youtube is on this list is because of the potential it has to drive traffic and grow other streams of income one stream of income you can grow by being on youtube is sponsorships and sponsorships pay around 2 000 to 10 000 on average per video and of course there are a lot of factors that go into it if you're a really small channel that it might be a lot less but i was approached by companies that wanted to do paid collaborations and sponsorships when i had about 800 subscribers so this is to say that you don't have to wait until you're monetized on youtube and hope for that ad revenue you can start making money because of your youtube channel a lot earlier on aside from that if you have paid products or any other type of service or subscription youtube is so powerful and can help you drive traffic to those revenue streams that you already have set up the third way to make money online is through affiliate marketing and if you don't know what affiliate marketing is it's basically when a company pays a commission to someone who refers them to others for example let's say i became an affiliate partner with the person who created this shirt and i talked about how much i love this shirt on youtube and i linked my unique referral link in the description box below anyone who clicked on that link and purchased this shirt for themselves i would receive a percentage of that sale from the company that created this shirt and of course you don't need youtube to partake in affiliate marketing but just using youtube because that's how i do my content marketing so the commission you receive does vary company to company amazon associates which is basically probably one of the most popular affiliate partnerships that people join they pay don't quote me i think it's around four to ten percent depending on what product it is every time someone purchases through an amazon associate affiliate link but honestly amazon affiliates is not my favorite way of making money through this revenue stream i noticed that subscriptions and small companies actually pay better so small businesses because typically let's say you're trying to promote a course they will offer you 50 so if you're promoting someone else's course and they're selling it for 2 000 and you refer 10 people then you just made ten thousand dollars and there's nothing else you need to do after that because it's not your course it's someone else's and for subscriptions they usually pay anywhere between fifteen and thirty percent they will pay you that fifteen to thirty percent every single month for that referral as long as that person stays subscribed under your referral link so you basically sign someone up and then you make passive income every single month until they cancel and to me it is much more worth it to talk to these subscriptions that i already use and would recommend and recommend them to my audience than making four to ten percent every time i refer a product from amazon and in the past year i made about fourteen hundred dollars with affiliate marketing so how you can get started is by content marketing so by starting a youtube channel or by starting a blog or by growing your instagram audience and recommending products that you actually use and love so that's how you can get started with affiliate marketing the next way that you can make money online is one of my favorite ways of making money online which is selling your own digital products i'm just gonna list down below videos where i help you come up with digital product ideas but basically what i love about digital products is no matter your skill level you can get started today because if you already know how to use programs like adobe illustrator or you're already a graphic designer well you can start right now but also if you have no design experience you can start right now by creating printables or by creating planners and all you have to do is subscribe to canva and it's a free program unless you want to upgrade to pro and you can start creating digital products on their platform for free and i also have tutorials on how to create digital products in canva and i'll list those down below as well so i sell one type of digital product i sell business thank you card templates pretty niche and this past year alone i have made 18 000 on this one product idea so imagine if i filled my shop with all different types of templates that's why i highly recommend creating and selling digital products on etsy i think that that's probably the fastest way you can turn a profit and it's something you can just jump into and start today so that would be my suggestion for you and let's head to the next way you can make money online which is selling online courses this is the largest revenue stream of mine currently and it's also the most work but if you are down to do the work and you're passionate about helping someone achieve something then online course creation could be for you basically you take skills that you have you package it up into a digital course and you sell it to people that want to learn the things that you know so there are courses from how to train your dog to how to draw to how to style your wardrobe i mean it's across the board there are so many ideas so whatever skills you have you can package up and monetize you just have to do some proper market research to validate the idea and it doesn't have to be so overwhelming it doesn't need to be like an eight module course and it doesn't need to take you a year to create you can create something like a starter course where it's only 97 and it helps someone achieve a very specific result and when you're ready you can build a larger course and price it from 397 to 2 000 or even higher so online courses are super profitable and anyone can really start them it's just a matter of will you have the patience to grow that audience or do you have the budget to run ads to your sales page so i created my course eight months ago and since then i have made thirty seven thousand dollars on this one course and this is over the course of eight months those were my five amazing ideas to make money online if you enjoyed this video give it a thumbs up let me know in the comments below what your favorite money making idea is let me know if you have any other ideas and as always guys thank you so much for watching and i will catch you in the next one bye guys

Channel: Alissa Rose

Views: 8,782

Keywords: make money online, how to make money online, ways to make money online, make money from home, business ideas, earn money online, passive income, top business ideas, side hustle ideas, best business ideas, make money online 2021, online business ideas, business ideas at home, work from home, how to make money as a teenager online, making money online 2021, make money online free, top business ideas 2021, how to make money online 2021, Business Ideas from Home

Id: pTiVjkl2JBI

Length: 10min 46sec (646 seconds)

Published: Wed Jan 13 2021