With so many success stories out there of how some kid started a website in his garage and went on to make millions of dollars, you’ve probably wondered, how can I get my share online.
Or better yet, is it still possible to make money online or is its momentum over?
In this blog post, we’ll go through different ways to make a living from the internet in 2019.
When we talk about making money online, we can’t help but think about schemes and the “get-rich-quick” sort of thing.
This is not that kind of blog post.
More importantly, those “strategies” rarely work, and if they do, they aren’t sustainable or fulfilling.
The internet gives you the potential to build a real online business and make a living when you focus on long-term goals and the right strategy.
By the way, there’s no one-size-fits-all kind of thing.
The online environment gives you endless opportunities to make money and grow.
In other words, if your ultimate goal is making a living from the internet, many paths can lead you there.
Building an Online Business
By far, one of the best strategies to make a living online is by creating your own online business.
Before you panic, thinking about all of the work of coming up with products or services, on top of making it, managing it and so on, hear me out.
The internet allow you to sell other people’s products and get a commission each time someone buys the product from your links.
How amazing is that?
This is Affiliate Marketing and, most likely, you have read about it before.
Affiliate marketing is a 6-billion dollar industry, and more than 80% of companies worldwide offer an affiliate program.
So, the opportunities are out there.
What are the Advantages of Affiliate Marketing?
- No need to create your own product or service
- No need to offer customer service after the purchase
You simply make a recommendation, and if the user purchases the item through your link, you get a commission.
If I were to describe affiliate marketing in one word, it would probably be freedom.
You can choose whatever product or service you already know and trust.
You do things on your own terms, and you can build multiple streams of passive income, which is key to building long-term wealth.
How Can You Get Started with Affiliate Marketing?
First and foremost, to become an affiliate marketer, you’ll need a website.
One of the most common and effective ways to start is by going for a specific niche.
Let’s say you’re interested in music.
When it comes to niche, the more specific you are, the better.
So, you’d say – “I’m interested in the punk rock from the 80s”.
Now you have a niche, and it will be easier to attract an audience.
Based on your audience, you’ll have to figure out which products would they be interested in.
More often than not, affiliate marketers just go with their gut and base the decisions on their own likes and dislikes.
In the beginning, you won’t have much data to back up your decisions.
But, chances are, you and your target audience might have similar interests.
After a while, you’ll be able to trust your stats and make data-based decisions.
Here is an overview of the road ahead:
- Research possible niches and choose yours
- Buy the domain and hosting
- Create your website
- Add a blog to your site
- Create high-quality content
- Sign up for affiliate programs
- Get some traffic to your website and start making some money
Affiliate Programs and Networks
When it comes to which is the best affiliate program, there’s no right answer.
The affiliate program that will suit your niche might not be the right one for mine.
That being said, some programs can benefit almost everyone, such as Amazon Associate.
In the online shopping world, Amazon is a force to be reckoned with.
You can become an Amazon Associate and make up to 10% commission for each product you “sell.”
The customer will still purchase on Amazon, but the link he or she followed will have your code on it, and you’ll get paid.
To find other companies that want you to sell their product, you could sign up to popular affiliate networks.
They charge low fees for putting you in contact with companies that are looking for affiliate marketers.
Another way of getting affiliate links is to search for businesses that are related to your niche and check directly with them if they have such programs.
How Can You Make a Living On the Internet With Affiliate Marketing?
The best way to get started fast and grow even faster is by following proven blueprints and trying to learn the most about the industry.
To do so, make sure you check out Wealthy Affiliate, a company created specifically to help affiliate marketers succeed.
This platform has loads of content about Affiliate Marketing and can help you each step of the way.
They can also help you create your website and get traffic to it.
Like most online businesses, this is a competitive space. So, getting some help from people who already been where you are, is the best path to start a business.
How Can You Create Multiple Streams of Income Online?
The website and blog you create for your affiliate marketing business can be useful in more ways than one.
When you’re building an online business, the secret to success is creating multiple streams of income, instead of relying on one.
Here are a few ideas on how to make money off of your website:
- Permanent Advertising (deals with brands)
- Sponsored posts
- Advertising (with Google)
- Guest blogging
- Expanding to other channels (social media)
Can You Make a Living from the Internet as An Influencer in 2019?
Another current market that keeps growing is the influencer market.
Social media has given a voice to many people and made some of them very wealthy.
Content creators and influencers have shattered the old paradigms of what work and making money means.
If you like to do videos, take photos, talk on the mic or write, this is something you should consider.
Most platforms have monetization tools to help creators get paid for their content.
YouTube, for example, is the third most visited website in the world and people watch billions of videos on this platform every day.
It allows creators to run ads, find sponsors, receive donations.
Creators also have seen great results in selling their own merchandise.
Instagram, which is a massive influencer platform, doesn’t have a full monetization strategy in place yet.
But, that doesn’t mean you can’t make money.
On Instagram, influencers can get brand deals and create sponsored content.
Twitch, the most popular live streaming platform, especially when it comes to the billion-dollar gaming industry.
From the get-go, they made monetization very attractive for influencers and gamers.
Users can become affiliate marketers, get paid subscribers, sell the game they are playing for a commission, get donations and more.
Not to mention podcast and blogging platforms, which also are extremely popular and have monetization tools for users.
Since it’s such a massive industry that keeps on growing, we believe that you can still become an influencer in 2019.
Businesses are starting to see the potential of social media and are investing more and more on content creators to spread the word.
On the other hand, there’s a lot of competition, so you need to create high-quality, one-of-a-kind content to make it work.
What are Some Other Ways for Making a Living from the Internet in 2019?
I said it before, and I’ll say it again, there are endless possibilities when it comes to making money online.
Apart from affiliate marketing and becoming an influencer, there are other exciting paths to be taken, such as:
Buying and Selling Domain Names
Domain name trading has been around for a while now.
Though it might not be the best long-term strategy, you could get lucky and hit the jackpot with the name of the next big company out there.
The domain Privatejet.com was sold for 30.1 million dollars in 2012.
Buy an Existing Website
Instead of building your website from scratch, an alternative is to buy an existing one that already has some traffic.
It can save you time, and it might bring in some profits sooner.
Become a Freelancer
There are many platforms nowadays for freelancers, which allow you to offer your services and find people interested in them.
It can be time-consuming, so if you decide to go this route, make sure you are available for the work.
Be a Virtual Assistant
If you’re organized, and you want to make some extra money, you can become other people’s virtual assistant.
You can organize their calendar, book trips, conduct researches, manage their emails and much more.
Lastly, a way of making a living from the internet is to start an online shop.
If it sounds too complicated, think about selling funny t-shirts.
So many people have made a living online by selling customized things like t-shirts and mugs, why shouldn’t you?
If you want to start making a living from the internet in 2019, try one of these ideas and let me know how it goes.
Affiliate marketing is definitely one of the best ways to create an online income and eventually grow it into a business.
Sign up for Wealthy Affiliate. They can help you get started and grow faster than you ever thought possible.
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