Trusted Ways to Make Money Online
I am going to start first with the top ways to make money online (with a long-term focus) and sustainable future.
If you are looking to build a true online business, or that has the potential to truly change your life (and you’re not afraid of investing months & years of work into the business), this where you should start.
Through my years of experience and research, I have consistently found the ideas that have the best potential to create a steady stream of recurring revenue. They will take a lot of effort. But if you’re willing to put in the work, they could change your life, like they have for me.
One last quick thing to note before we dive in: I am going to be talking a lot about your niche for every way of making money online that we cover here. If you are unfamiliar with this term, all it means is your unique topic, angle, market, audience, or voice that will make people stand up and notice your business.
It is a competitive space online. And the more you can differentiate what you do from what’s out there already, the better chance you’ll have for success.
Launch a Startup
Do you have dream to start your own business and not work under someone. This is the most toughest part but if your business blooms then you can become a millionaire in year or in some months.
By end of 2018 quarter, 33000 startups have started and close to $1.8 billion have been invested.
To start your own startup business, you need to do a detailed homework on the customers or people needs. What is trending in the market?, what are the sustainable products or features or services which will last for at least 10-20 years. Which are the products and services for which the demand will never go down and where and how to adertise?
Once you have finalized as to what will be your startup, you need to collect and expand relevant niche. Niche or audience can be increased via social medias like facebook, twitter, instagram, reditt, etc. The larger the niche the larger the profit. Most startup die during the initial stage as they are not able to attract the correct niche. This can be because you are not targetting the right audience or the advertising is not proper or the niche is not enough to generate income.
Once the idea or a product or a service is ready along with the niche audience, the next step is the advertising. Advertising can be too expensive but if you take a free adevertising service then there are very less chances to make your startup business famous. To earn early profit, you will have to pay on the advertising fees. Advertising can be in a mode of off facebook ads, twitter ads, SEO or any kind of digital or physical marketing. The more you advertise, the more there are chances of profit. Once advertising is completed and people have started liking and using your product or services, the next step is on the customer feedback. Taking customer feedback will help you in checking the demand, check the latest updates and an eye on your competitors. Once you’re off the ground, it’s all about customer acquisition, market validation, more funding, and growth.
There are couple of tools which will assist you in setting up your startup business like,
WordPress is free to use for startups that are interested in building a powerful, customizable website to showcase products and increase their digital audience. It goes without saying that you can’t successfully compete in 2019 if you’re not optimizing a digital strategy. WordPress offers free website templates, integrations with third-party applications, and is where you’ll create a content management strategy.
A successful content strategy often involves guest blog posts from other websites to build your own website’s ranking on Google. The higher your ranking, the easier it is for people to find your website.
With MozBar, users can target high-ranking websites for free simply by downloading the plugin and visiting a website they wish to work with. This powerful SEO tool is great for entrepreneurs because it shows which websites are within their reach and which ones will help them gain much needed publicity.
Once you determine which websites you’d like to target in your content marketing strategy, you should start to gather email addresses of the professional contacts you’d like to reach out to.
Hunter is a free business tool for marketing teams who wish to acquire and connect with those accessible contacts. With the free version of the tool, you can filter your searches based on organization, find patterns in emails to verify their legitimacy, and make up to 100 requests at a time.
Now that you have a list of email addresses, you need to start the process of actually reaching out to them. With MailChimp, you can do exactly that for up to 2,000 subscribers and send up to 12,000 emails per month.
As a startup, it’s highly unlikely you’ll ever need to send that many emails, so you know you’re covered. You can create custom email campaigns, landing pages, pop-up forms, and Facebook and Instagram ads. Segmentation, marketing automations and A/B testing are also included.
Social media marketing is imperative to any startup’s marketing strategy, and it’s important to take advantage of social media in order to stay competitive. Hootsuite offers a free solution for startups interested in managing social media pages and posts while optimizing their overall strategy.
Hootsuite also provides agents with powerful reports and metrics to see which posts succeed and why. Their free plan works for only one user and allows that user to manage three social media profiles.