dimeeasy

[dimeeasy]

10 Legit Ways to Build Passive Income Online

Whether you are a student looking to make some extra cash, a working professional wanting to build a side hustle, or a corporate escapee and whosoever who is starting to build an online business need to have some cash inflow for the further smooth flow of your business.

There are many sites out there saying make money like $100 a day with surveys, with google sites, etc. Of course, they may make you money for a certain period of time but are not long-term and passive.

You always need to look out for ways to make money that are passive. You need to earn money every month and double it. Here are my top creative ideas to make money online. These real methods have worked in past and will work now and then too.

Freelancing

You would have heard a lot of this from others. But yes, this is the first best way to earn some cash before starting out your business. It will help to get some extra money into your pocket as well as fund a little for your software if you are starting out. You can start freelancing with no investment upfront. It's FREE. You can make money online freelancing.

Don’t worry if you think you don’t have any skills. You can learn small skills by taking a free trial in skillshare. There are tons of gigs people are looking for to get their work done and with the right process, you can make money as a freelancer.

By the year 2027, freelancers are projected to make up the majority of the workforce in the United States, with 50.9% of the working population. In fact, at the current growth rate, it’s estimated that 67.6 million Americans will be freelancing by the end of 2021. That’s 42% of the American workforce! (Website planet).

What are you waiting for? Search in-demand gigs on google keywords and search trends. And yes, patience is the key. You need to wait a few weeks while you get your first gig. Start promoting your services on social media and find your spot.

Starting a Blog

As of 2021, there are more than 570 million blogs on the internet, based on activities reported by WordPress, Tumblr, Blogger, Wix, Squarespace, and Medium (and this number is constantly growing) (firstsiteguide).

Now do not get overwhelmed, the one thing is though blogs are growing rapidly, and so are people reading blogs. Of course, blogs are saturated, but when you niche down and find your audience then you can achieve your space in this sea of bloggers.

Starting a blog, yesterday, today, tomorrow, is possible as long as you are using proper rules, like optimizing your SEO, giving unique content to your readers, and more. But, the best day to start blogging for your profit is today and now.

Let us look at some stats on why you should start your blog today

61% of online shoppers in the US say they made a purchase after getting a recommendation from a blog post

Companies that blog actively have 126% better lead growth

80% of bloggers say that they see positive business results from their blogging efforts

Blogs affect customers’ buying decisions as 47% of them go through 3 to 5 blog posts before the buying process (Firstsiteguide)

Give me a better reason why you should not start a blog after these mind-blowing facts.

You can start a niche blog, review blog, cooking blog, gaming blog, parenting blog, and more. Just write what you know or keep an eye on your competitors and outperform them. And blogging is the best for your long-term passive income.

Starting a YouTube channel

Now as we’ve known how YouTube has evolved to be like a video search engine, the platform has grown considerably and is been growing millions of YouTubers.

Again, let’s talk about some statistics about YouTube. YouTube has 2.3 billion users worldwide.

79 percent of Internet users have their own YouTube account.

YouTube viewers watch over a billion hours of video on the platform every day and generate billions of views. (YouTube, 2021)

YouTube is localized in more than 100 countries and is available in 80 languages. (YouTube, 2021)

Every day people watch one billion hours of video on YouTube (source-Oberlo)

Now, the real question is how to make money out of YouTube? Well, there is enough space for you to sink in. Are you a coach, fitness enthusiastic, a person with good communication, or even just an individual with no skills at all? You can make videos, monetize your YouTube account, and earn from AdSense and affiliate marketing.

Umm! Some people may say that YouTube is not for me. I don’t know how to make and produce videos. I don’t have any skills. Well, I have a solution for that. You can make money from YouTube absolutely by not showing your face at all.

Here are some of the niches you can make videos y not showing your face.

If u do not want to record videos, you can head up to free stock videos or images and give a voice-over and start making content.

If you feel shy to start, you will never get ahead. So, the one thing I want to tell to everyone who is shy to make videos and for my younger self, stop doubting yourself. Just do it, don’t care about criticism, success will follow you

Affiliate Marketing

Affiliate marketing is when a person earns a commission for referring a product to others. For eg: You register yourself as an affiliate to promote certain products, when the person you promote the product click on your unique affiliate link and purchases through your link you earn a commission. A commission can range for each and every product.

And the affiliate marketing model is the best, safe model for beginners. You can drive traffic for free and for paid as well. You can be an affiliate marketer if you need a passive income, you don’t need to have any other customer support, you can work from home at your own comfort.

Now, how to register as an affiliate. First, think of what do you like the most. What products do you love using? Type the name in google and see whether there is an affiliate program or just see other affiliate programs in your niche. Choose the one you love so that you don’t feel tired and exhausted in the long run.

There are many other sites where you can choose your products from. You can take products from Click bank, Digistore24, Share a Sale, Jvzoo, and similar other platforms.

Here are the best affiliate platforms for you to choose from

How do you want to promote is the next question?

Well, you can create landing pages in click funnels, kartra, or builderall and promote them through ads. If you are on your budget, you could start a blog and promote it. You can write blogs for free on medium.com. It is a cost-effective way to sell your products. You can create a YouTube channel, talk about how you love using those products, and promote them, you could even use Pinterest to promote your blogs and landing pages.

We all know that Pinterest is a visual search engine and no doubt you can get quite a good sale from affiliate marketing in Pinterest

Once you get your first sale and testimonials you can start your Instagram page and build trust with others to promote the products and scale your business.

Instagram Influencer

Do you love making TikTok videos, always want to be active on social media? Then here is your chance to start earning being an Instagram influencer.

You can start by creating content about the topic you want to talk about the most. If creating a YouTube channel feels a bit challenging, grow your audience and monetize them through Instagram. Feel free to talk about what you feel.

Collect your follower's email IDs. Once you become consistent with the audience and platform, the content you are generating makes a digital course or something you think to monetize your people. Giveaway a lot of freebies, checklists, and many other things to lead your audience to the product you are offering. Build trust with them and try to use all of Instagram's available channels. Use carousals, reels, IGTV, go live to show behind the scenes of your work, and more!.

Staying consistent is the key to grow your audience on Instagram.

Starting a T-Shirt Business

Whether you’re an artist, writer, designer, or entrepreneur, physical products can be the perfect canvas for monetizing your creativity. Yes, you heard that right. You can start your own merch for free. Starting an online T-shirt business is booming in this era an why don’t you be one of them. You do not need to hold any inventory, just design your t-shirt online and publish it.

Let me make it clear. So what is print on demand? How to start your free t-shirt business

Print on demand is a process where you work with a supplier to customize white-label products (like baseball hats or tote bags) with your own designs to sell them on a per-order basis under your own brand.

That means you don’t pay for the product until after you’ve actually sold it, so there’s no need to buy in bulk or hold any inventory yourself.

Plus, with print-on-demand services, everything after the sale, from printing to shipping, is handled by your supplier. Once you’ve set everything up, it takes only a few clicks to fulfill an order once you’ve made a sale.

You can use print-on-demand services to:

Test a business idea or new product line for an existing business without the risks that come with buying inventory.

Monetize an audience you’ve built. Printing on demand is a great option if you’re a YouTuber, cartoonist, or social media influencer who wants to spend your time creating content instead of fulfilling orders.

Create original products for a niche of customers. For example, apparel for people who are passionate about gaming.

Easily print one-off items—t-shirts, books, shoes, bags, wall art, phone cases, clocks, laptop skins, mugs, and so much more. You can send these as gifts or keep them for yourself and your team (source-Shopify)

You can get started with print on demand for almost free with teespring, redbubble, printful . Or you can start your online store on Shopify and sell them as a custom branding.

Do not worry if you are not a pro in graphic designing. You can design your t-shirt on canva and paste the design on your t-shirt too. This is a legitimate and easy business for beginners online. You can promote your merch by using SEO, keywords, and various social platforms.

Let's take a look at the print on demand statistics:

This statistic depicts the market value of the custom t-shirt printing market worldwide from 2016 to 2025. In 2016, the global custom t-shirt printing market was valued at 1.16 billion U.S. dollars, and was forecast to reach a value of 3.1 billion U.S. dollars by 2025.

This is insane amount the industry is making from print-on-demand only.

COVID-19 impact Fabric face mask accounted for 11.14% of all goods sold through Printify in September 2020. (Printify)

A 2020 survey revealed that about 96% of millennials and Gen Z have concerns about how the ongoing pandemic will impact the economy. (BigCommerce)

With more people staying at home and focusing on home improvement projects, the Home & Living category is on the rise, with the first 6 months of 2020 seeing a 243.77% growth. Both canvas gallery wraps (2.19%) and premium vertical posters (1.35%) are in TOP15 products sold by Printify merchants. (Printify)

According to Merkle’s report in 2020, roughly 79% of consumers plan to be more conservative with how much they will spend shopping online during the pandemic. (Merkle)

In the first 6 months of 2020, Printify monthly active users have grown by 69%, with registrations up 39%. (Printify)

62% of sellers in the United Kingdom changed their marketing plan because of the pandemic. Moreover, only 14 percent of businesses have decided to stick with their original marketing strategy for 2020. (Statista) ( All sources- Printify) Read more at: https://printify.com/ecommerce-statistics/ And these are just stats alone. Don’t wait now. Start your print-on-demand business right away.

Online Tutoring

Again, online tutoring is gaining massive demand in this digital age. During the pandemic the online tutoring business was a boom and it will be more in the coming years. Just teach people what you know. There are many people in this world who want to learn and are ready to pay for it.

Whether you know to speak English, or drawing, graphic designing, marketing, business, or anything that matters, turn your own skill into a business

You can tutor in paid platforms like cambly, Oakary, iTutor, or just start teaching in YouTube and create tour own course and sell it. You can create courses and teach in udemy too. People all over the world are searching to learn skills and may be you can teach them what you know and monetize your skills.

Amazon KDP [ Selling E-books and low content books ]

As I told you print on demand is a big thing and so does amazon KDP is too. What is KDP? Amazon KDP is nothing but kindle direct publishing. KDP allows you to self-publish eBooks and paperbacks for free. Amazon gives you direct access to your book on Amazon and allows you to create a product detail page for your book. It also gives you the option to expand your book’s availability on a global scale, making it more accessible for readers around the world. Publishing with KDP gives you full rights to your book, which is not something a traditional publishing house typically allows.

What types of content can I publish through KDP?

KDP allows you to publish eBooks (Kindle) and paperback books. However, KDP does not allow the creation of magazines, periodicals, or spiral-bound books.

Content types typically published using KDP include but are not limited to the following:

Novels

Book Series

Children’s Books

Comics

Cookbooks

Journals

Poetry

Textbooks (source: amazon.com)

Selling Photography

Are you a photographer? Are you making enough money? If no then this will help you , if yes you are gonna make an extra dime.

You can sell your beautiful photos on Getty Images, Pexels, Shutterstock, Adobe Stock and many more sites and earn money whenever your image is downloaded. If it is a subscription-based site then your earnings will be more. You can post your beautiful images on Instagram and become famous. Ultimately you can collaborate with various brands for their product photography.

If your camera is lying there near you, take it and start clicking pictures and sell your photos online.

Selling on Etsy

Etsy is an online market place that works as an intermediary between customers and artists, crafters of handmade items or collectors of vintage products. The company engages in customer to customer (C2C) or peer to peer (P2P) e-commerce in which both the seller and the buyer are private individuals or micro-businesses. This is in contrast to other forms of internet commerce such as B2C or B2B (source: Statista).

Let's head to our facts about how profitable it is to sell on Etsy

Etsy had over 2.5 million sellers at the end of 2019, and we can only expect that this number has increased.

Etsy sellers live all over the world, in 234 countries

62% of Etsy sellers are based in the US.

California is home to the most Etsy sellers with 14% of US-based Etsy shops. (credits: veeqo)

Etsy is a huge commerce platform, with an especially strong US presence. Plus, the fact that most sellers are multi-channel retailers—and also selling their products on marketplaces like Amazon and Shopify sites—suggests that the platform isn’t just for amateur makers. It’s for eCommerce businesses.

So if you’re already selling handmade or vintage products on another platform, it’s worth it to expand and start selling on Etsy.

If you’re starting a business, it’s important to run the numbers before setting up shop—or at least quitting your day job. Etsy does have associated costs, though it’s worth noting that the listing and transaction fees are lower than other platforms, like Amazon and eBay. (cre: veeqo)

So, if you can start your print on demand you can sell it on Etsy too. If you are good at handicrafts Etsy is the best place to promote.

Conclusion

So here are the top 10 ways where in you can make legitimate money online. You can try all these methods one by one. Well, everyone will look for quick methods to make money online, but those won’t suffice for long run.

If you should build a strong business online you need to stay consistent no matter what. Staying consistent will help audience grow along with you on your journey to make money online. For beginners starting out these methods will help you in starting out to make a dime or two.

One thing I need to make particular is you will not see results instantly. You need to try and try, keep on trying. Whether it is 2 weeks, 1 month or 3 months, you should not stop. Keep up that grind and let’s start the digital lifestyle. Start by making money online fore free with these methods and start investing in ads and make the business run for you in long run.

#passive income #makemoney #make money online #remote jobs #jobsearch #building a business #freelance #social media #education #money tips #earnmoneyonline #make money blogging #make money on instagram #make money now