Top 5 Long-Term Strategies on How to Make Money Online

1. Make Money Blogging:

 

Blogging is an excellent way for avid writers to earn income. Many people start a blog to share insights, express views, and establish brands. Some popular blogs are Say Yes and Anywhere We Roam.

You can start a blog about any topic and researching popular blog ideas can help you find a profitable niche. Some blog niche examples include travel blogs, food blogs, and book blogs.

The most common ways to make money blogging are through advertising, affiliate marketing, brand sponsorships, and selling products.

To have a profitable blog, find a niche and build your audience by consistently posting content. Implementing effective marketing and search engine optimization (SEO) strategies is also important.

2. Create an Online Course:

 

The global eLearning market is projected to reach almost $400 billion by 2026. If you excel in a particular subject and enjoy curating learning material, it’s an excellent time to start selling online courses.

Digital courses come in different formats, from simple PDF downloads to videos. Popular online course topics include computer skills, health and wellness, business and entrepreneurship, finance and investing, and personal development.

There are two main ways to make money online by selling digital courses – by joining an eLearning platform or creating an eLearning website. The former is easier to do, but the latter provides more opportunities to experiment with different formats and monetization methods.

You can create an eLearning website with a WordPress LMS plugin. Then, sell courses as digital products or create a membership system to lock them behind a paywall.

If you want to try out a few eLearning platforms before creating an eLearning site, consider the following:

  • Udemy. Provides courses, quizzes, coding exercises, and discussion forums on various topics.
  • Skillshare. Excellent for selling courses on digital art and creative skills.
  • Teachable. Create unlimited courses using any of its paid plans and creators can also apply to have their courses and live events featured on Spotlight, an eLearning marketplace powered by Teachable and Hotmart.
  • Podia. A platform for selling online courses, digital downloads, and membership subscriptions. Users can create standalone or drip courses. They can also group similar courses and market them as a bundle.
  • Pathwright. A design, teaching, and learning platform for creating courses emphasizing active learning through actionable steps.
 

3. Create a Subscription Job Board:

 

With more employers turning to online hiring, job boards have fantastic market potential.

There are two main ways to make money online with a virtual job board. The first is to rent out space for employers to advertise their job listings. The second is to sell access to exclusive job listings to job seekers via a paid membership system.

Popular job board websites like Indeed, Glassdoor, and ZipRecruiter charge employers for premium job post placements. Most of these sites base their pricing plans on factors such as posting period, in-depth company information, or reviews.

The easiest way to create this type of website is with a WordPress job board plugin. For example, WP Job Manager offers tools to submit and manage job listings seamlessly. Additionally, consider installing a membership plugin if you want to restrict access to job postings.

4. Start a YouTube Channel:

Running a YouTube channel is a popular way to make money online. As the largest video-sharing platform worldwide, it has an audience of 2 billion+ monthly active users.

There are multiple ways to earn money from a YouTube channel. The first step is signing up for the YouTube Partner Program to ensure you’re eligible for monetization.

The most popular way to make money is through advertising. Alternative monetization methods include channel memberships, Super Chat, Super Stickers, merch, and YouTube BrandConnect.

YouTube allows many types of niche video content, from gaming reactions to daily vlogs.

To grow a YouTube channel, you must publish content consistently to generate views and build an audience base. Investing in a good camera and editing software can improve video quality and attract more viewers.

Don’t forget to practice YouTube SEO. This includes adding relevant keywords and tags to the video titles and optimizing video descriptions for search engines.

Aside from being a great way to make money online, starting a YouTube channel can benefit a brand. YouTube videos can generate leads and help redirect traffic to your website. Videos also offer a higher return on investment than static images and making them a great marketing tool.

5.Create an App:

Creating an app is one of the best ways to profit from rapid mobile digitalization. Make money online by creating paid apps or selling them to other companies. Alternatively, launch a free app and make money via in-app advertisements.

Creating an app as a side hustle is also an excellent way to hone your coding and web development skills.

For those with little to no coding experience, there are many beginner-friendly mobile app builders:

  • Appy Pie. This app builder employs a simple three-step process to help you create an app with a great user experience and the pricing ranges from $16$60/app/month.
  • AppInstitute. This app builder for busy small business owners makes it easy to create mobile apps without coding knowledge. Pricing ranges from $59-$340/month.
  • Mobincube. An intuitive app builder for launching an app in four easy steps. It offers a free plan in addition to the paid ones. The premium pricing plans range from €35.88-€1,199.88/year.
  • Here are the steps to create an app:

    1. Get inspired. Create surveys, conduct interviews, or run focus group discussions to find out what is missing on the market.
    2. Conduct competitor research. Search existing competitor apps and read their reviews. Take note of what users like and dislike about them.
    3. Start building. Start coding or use an app builder.
    4. Launch. Submit your app to the App Store or Google Play Store and await approval.
    5. Market and monetize and Practice marketing strategies and start making money online.

 

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