5 Genius Ways to Make Money Online
1.Launch your own YouTube Channel to educate and entertain people.
Once you hit 4,000 hours of view time and 1,000 subscribers on YouTube, you can monetize your channel and earn an incredible amount of money. As long as you enjoy making videos and is uploading consistently, you surely earn extra income in this platform.
Instead of earning through subscriptions, channels depend on a specific traditional advertising system. This means the more viewers you have, the more money you can make. Wait until you get approved by the YouTube Partner Program. Then, you can start using video ads. With around 1,000 views, you can get $2 to $4.
2.Create a niche website, and use affiliate marketing.
Is there a specific niche you are interested in? Look into the best affiliate programs in Malaysia, as well as the services and products within your niche. Create a website, and then establish a decent audience around it. In affiliate marketing, you are selling another company’s products by referring customers to their online stores. Success in this aspect will take tons of effort and time. You just need to be patient.
3.Start your own eCommerce website, and sell different physical products.
There are many platforms now that can make this easier for people. Platforms like Shopify have made it even more convenient to create a powerful, customizable ecommerce platform in just a few hours.
4.Sell and build software.
Reliable software are needed in every industry. Study your target customers, and then come up with a software program that can help them. Several apps and software you utilize regularly are created by big companies. However, many of them are marketed and created by small businesses. Leverage on building different software products. If you do it right, your digital product can be accepted by Google and Apple stores.
5.Look for freelance clients, and then sell your services.
Do you have marketable skills like designing, marketing, web development or project management? Look for great freelance work online. Freelancing is not as scalable as the other ideas listed here, but it is great for solopreneurs who want to earn more passive income.