1Become an affiliate marketer. This is a great way to make money for promoting someone else’s products or services without having to carry any inventory. Affiliate advertisements are usually incorporated into your website/blog/page via linked articles (great when your content is strong and compelling, but must be done carefully to avoid looking spammy), product-placement videos (great if you’re funny or have performance talent), or, less and less commonly, banner ads (pretty ineffective, as most people avoid these like the plague). If necessary, you can also become an affiliate marketer without a website (by posting videos on YouTube containing links to the product, for example). Check out a site like Commission Junction for possible products and services.
- If you have a lot of traffic, you might want to do cost-per-click advertising, which doesn’t earn you much per click but banks on the fact that the sheer number of visitors will build your revenue.
- If you have very strong content, you might want to do cost-per-acquisition advertising, which makes you a decent commission (either a fixed amount or a commission, depending on what you’ve pre-agreed to) every time someone on your site makes a purchase with your affiliate company.
2Become an online mystery shopper. Most people have heard of mystery shoppers in the real world, but with the shift to virtual business, it’s becoming more and more common to send mystery shoppers online-hunting. If you’re just starting out, be prepared to front the cost of your purchases, as your reimbursement will depend on whether or not you are a capable mystery shopper.
3Do webinar marketing. This is simply seminar marketing done online – except that it’s much cheaper than doing actual seminars and doesn’t require repeat performances. If you’re an authority on a subject that others would be willing to pay to learn more about, record yourself giving a talk about it in a professional location (traditionally a conference room, though this may change depending on your subject), post it on your website, and advertise.
4Refer other professionals for jobs. If you know somebody whose skill and work ethic you’re willing to stand behind, consider referring them to a prospective employer. If that person gets hired, you stand to make anywhere between fifty and a few thousand dollars depending on the position. Check out a site like ReferEarns or WhoDoYouKnowForDough for more information.