Every day, more and more people are taking advantage of the tremendous business opportunities presented by the internet to use what they already have to make money online and establish the career of their dreams.
With advances in smartphone technology and almost instantaneous access to millions of potential customers through powerful techniques such as social media marketing, content marketing, live streaming, pay per click advertising and organic search, there are more opportunities today than ever before to build a REAL, successful online business, even on a shoe string budget. It is no longer necessary to spend huge sums of money on marketing or traditional advertising techniques to find, connect with and engage your target audience.
However, due to the sheer amount of information freely available on the web, it can be really difficult to break through all of the information overload and “mind-clutter” that people are inundated with every single day to find credible advice that you can trust.
This is because thousands of online marketing webpages are just glorified sales pitches for some webinar, seminar or other training session that don’t work as well as the so-called expert says they will. So many people have bought into the hype only to come out of the whole experience the poorer.
Nevertheless, the internet today offers genuine and lucrative online business opportunities, and you can join thousands of people who are changing their personal, professional and financial destiny through the web every single day.
The Major Forms of Online Income
Essentially, there are two main forms of income that you can generate online:
Active income refers to the type of income you earn for the services that you actively provide. It is the most straightforward way of making money online because you’re simply getting paid for using your time and expertise to solve someone else’s problem.
Freelancing is a great example of how to earn active income online. For example, if someone hires you to build a website, you’re earning active income to do the job you’ve been hired to do. In fact, it’s no different from having a regular job because it requires your expertise, your time and your energy. And as with having a regular job, you have to keep working. If you stop working, that income stops.
Also known as residual income, passive income is the exact opposite of active income. It is an income stream that you continue to earn without having to trade your time for money – the dream lifestyle. You get paid while you’re on vacation, eating, spending time with your friends or loved ones, or even while you’re sleeping. You aren’t working, but the money keeps rolling in. This is the best type of income to earn for obvious reasons.
But the real beauty of earning passive income online is that once you have successfully established one steady and consistent income source, you can simply replicate what you have done over and over again until you have established multiple streams of passive income.
Top Eleven Proven Ways to Earn Active & Passive Income Online
Here are 11 proven business models that can be leveraged to earn active and passive income online. Note that some of these methods are semi-passive in the sense that you may be required to do a certain amount of work from time to time:
Establish An ECommerce Store
Setting up and managing your own eCommerce store selling physical products is one of the easiest and most lucrative ways to build a REAL business online. ECommerce has never been bigger than it is right now, especially with the explosion in popularity of smartphone technology.
Unlike in the early days of the Internet when people found it daunting to hand over their credit card details, most internet users are now comfortable buying products online thanks to trusted tools like Stripe, Bitcoin and other payment processors that make it safer and convenient to shop online. Today, there are more people shopping online than ever before.
In fact, eCommerce has become so big that there’s a day called Cyber Monday which refers to the Monday following the other popular shopping holiday, Black Friday. These shopping days are now a global phenomenon.
In the US, Cyber Monday sales in 2016 totalled $3.45 Billion for that ONE day across all devices an increase of 21% over the previous year. Out of this, $838 million in sales were completed through mobile devices. In the UK, Cyber Monday sales in 2016 came to £1.1bn for that day, and £3.3bn for the entire weekend.
The best thing about eCommerce is that some business models such as dropshipping allow you to setup and manage a store selling physical products, even if you have no prior online experience, and without spending a penny on inventory or ever shipping anything yourself.
Here’s how it works…
- You setup an online store on Ebay, Amazon, Facebook or your website.
- A user discovers your product listings and buys a product.
- You order the product from a manufacturer or warehouse.
- The manufacturer ships the item DIRECTLY to the buyer. You don’t get involved in processing orders or even interacting with customers.
- You retain 100% of the profit
Pretty simple and straightforward don’t you think?
Well, it doesn’t end there. There’s more. Once you’ve setup your first store, you can simply do the same thing over and over again until you have a chain of stores selling the bestselling products on the web. And you can setup a dropshipping business no matter where you live in the world and sell to anyone, anywhere…
In the UK, according to the first-ever eBay rich list published in July 2015, 30 Brits built their online businesses with the dropshipping business model using just eBay as their selling platform. The Power 30 UK Index, which ranks the site’s top 30 autonomous sellers, shows that the UK’s top eBay sellers have an average annual turnover of nearly £4million with the top seller (who sells mobile phone accessories) raking in £15 million per year.
If you are interested in an eCommerce business, this eCommerce course and this dropshipping course will guide you, step-by-step through everything you need to know in order to establish and run a successful eCommerce business.
Sell Products With Amazon FBA
Amazon FBA (Fulfillment By Amazon) is simply about selling physical products online with Amazon. As you’re probably aware, Amazon is the largest and most popular and trusted consumer online marketplace in the world. Basically, Amazon allows you get a piece of the action by selling goods of any kind to their customers at a profit.
Note that this is completely separate program from the highly popular Amazon Affiliates program which allows you to make a commission from sales made through your website.
With Amazon FBA, whether you already have a business selling physical products or you just want to start a business altogether, you’ll be able to use the Amazon platform to build your business right from the comfort of your home. According to a webretail survey, 40% of Amazon sellers make $100,000 to $1 million a year, while 14.6% of sellers make between $1 million and $10 million a year.
The great thing is, you don’t have to be a company or manufacturer. You can actually get these items from anywhere including wholesale suppliers by buying them wholesale and selling them at retail prices on Amazon.
You can source cheap items from garage or yard sales, Thrift stores, Walmart or 99 cent stores or China, send them to Amazon and offer them for sale on Amazon. It’s as simple as that. Furthermore, with the Amazon FBA program, you don’t have to personally deal with customer service or shipping.
If you are interested in tapping into the most lucrative business model currently available online by leveraging the power of the largest eCommerce company in the world, click here for more information about our Amazon FBA course.
Become a YouTuber (Vlogger)
Vlogging or video blogging is all about leveraging the power of online video rather than text or images to build a personal brand or company brand and communicate and engage with your target audience. If you are good at any sort of thing, you can become a YouTuber and create a vlog that teaches your audience how to become better at what you already know how to do.
For example, if you’re an expert gamer, you can create a gaming vlog and share secret tips with keen gamers on how to become a better gamer. You can engage in conversations with your audience and offer tips that can help people improve specifc gaming skills. As long as you’re sharing information that is useful and valuable to your target audience, your vlog will take off.
Today, because of the massive influence video bloggers have, health and beauty brands are now using vloggers such as Zoe Sugg, Tanya Burr, Niomi Smart and Marcus Butler as brand ambassadors and product endorsers. These vloggers can command between $25,000 and $50,000 for a five-minute video and as much as $25,000 per month for space on their YouTube channels which enable these vloggers to earn six-figures each year. With the social buzz that vloggers are able to create, companies can generate brand exposure, growth in web traffic and increased sales, which is why they are willing to pay so much.
This is how celebrities are made in the digital age, so why not get your own piece of the action?
Some Facts about YouTube and Vlogging in general:
- There is a 50% year on year in the number of YouTube channels that earn six figures every year.
- 25 billion hours of video are watched on YouTube every month
- PewDiePie, real name Felix Kjellberg with 49.5 million subscribers, is the highest earning YouTube star earning $15 million, and was named one of Time Magazine’s most influential people for 2016.
- A study completed in the summer of 2014 by Variety magazine showed that US teenagers are now more influenced by popular YouTube vloggers than they are by mainstream celebrities.
- Many of the top ten YouTube vloggers actually earned degrees in the likes of psychology or engineering.
- The top 10 highest-paid YouTube vloggers in 2016 made $70.5million collectively, with the top earner earning $15million.
In this Become a YouTube Celebrity course, you’ll learn everything you need to know about how to become a YouTube personality and create your own successful vlog. You’ll not only learn how to build a massive audience in no time at all, but how to make the most of that audience.
You’ll also learn how to make money from advertisements and from sponsors, discover growth hacking tricks to accelerate your progress and how to create an effective YouTube channel without even setting foot in front of the camera.
Sell EBooks On Kindle
Selling an eBook on Kindle is one of the best known ways to generate passive income online quickly and easily. This business model is something that literally anyone can emulate with ease. People who are doing things right are currently making several hundred thousand dollars a year from Kindle.
There’s no fee for becoming a Kindle publisher, and it can accomplish everything in an evening. The only challenging part is coming up with an idea and actually writing the book. However, this can be easily outsourced to experts. You also have the option of purchasing the rights to an existing digital product.
Once you have the ideal eBook on Amazon, you will not have to do anything else. You can then focus on marketing the book on Facebook, Instagram and other social media sites. The great thing about social media is that it allows you to focus only on the specific audience that is known to be interested in the niche you have written about. Once you generate a few five star reviews on Amazon, you can look forward to your book taking off.
The site will keep selling your book, and the income you receive will keep coming. You will not have to process orders yourself or interact with customers. It’s actually really easy and incredibly scalable, and you don’t need any particular skills.
In this Make Money from Kindle course, you’ll learn everything you need to know in order to successfully make money Kindle. This is a step-by-step video and eBook series that will guide you through everything you need to know to setup a successful eBook business on Kindle.
Establish an Importation Business with Alibaba
Setting up a successful importation business involves importing products at the cheapest prices and selling them on established sites such as Amazon, eBay, Shopify and Facebook, rather than on your website.
Alibaba is the biggest online global trade marketplace, with 427 million monthly active mobile users across 190 countries and over 8.5 million sellers. It is a place where you can get a consistent supply of the stuff that you’re going to sell at the cheapest prices you can find on the internet.
Alibaba is widely recognized as a goldmine for making money importing products factory direct and reselling. In fact, the prices you’ll get on Alibaba are so low that you can make 80/90/100% margins on hot-selling products.
If you are interested in establishing an importation business, this Alibaba course will teach you everything you need to know about the entire Alibaba importation process from factory search and selection, to negotiations, to OEM packaging and freight and shipping. The course covers both the basics and advanced importation concepts and strategies.
Learn CPA Marketing
If selling is not your thing, but you still want to make money online, CPA marketing provides the unique opportunity to generate an income online without having to sell anything. With CPA marketing, you are giving away stuff such as a sample of a product or some helpful information in exchange for a user’s contact details. The user doesn’t have to spend any money in order for you to get paid. The more details you are able to obtain from a prospect, the more money you’ll be able to make.
So, just what is CPA Marketing exactly?
CPA is an acronym for Cost-Per-Action. In simple terms, it allows you to earn passive income when someone clicks on a particular link and completes a specific action. This action can be just about anything, but usually consists of things like filling out a lead generation form, playing a game for testing purposes, getting an estimate or quote, providing an email address, signing up to a free trial, signing up for a loan or credit offer or even buying something.
For example, getting someone to simply fill in their email address can net you anything from £1.40 up to £30.00. However convincing a prospect to complete the entire online form can pay you from £8 to £100.
If you are interested in learning how to get the most from CPA Marketing, this CPA marketing course will teach you the exact steps, tools and techniques you need to apply. This course is a 25 HD training video divided into 7 training sections.
Sell Gigs on Fiverr
Fiverr is the largest and most trusted global online marketplace offering tasks and services, that starts at a cost of $5 per job performed. The site is primarily used by freelancers to offer their services. With this unique idea of selling services for just $5, Fiverr has grown exponentially since its launch. Today, Fiver lists more than 3 million services with prices for services that range between $5 and $5000. This platform has opened up a new business avenue for aspiring entrepreneurs to offer their services and earn active income online.
The Fiverr Blueprint course is a step-by-step video training guide that will teach you how you can become a Fiverr Broker to allocate more time looking for good freelancers and customers instead of having to spend valuable time performing the gigs yourself. Simply put, you’re a boss where you hire freelancers to work for you at the same time you charge from your clients. This will allow you to leverage your business and generate passive income for yourself.
Click here for the Fiverr Brokering course.
Become a Social Media Manager
With over 2.307 billion social media users, businesses are now taking social media marketing a lot more seriously than they might have done in the past.
No longer viewed as just a passing trend, businesses now treat a social media presence as an integral part of marketing so they can get their voice heard within the digital marketplace.
In fact, social media is the most powerful platform that businesses can use to build and humanize their brand, and engage with their customers and prospective customers.
Social media managers are being highly sought after by bloggers, small business owners and large brands, and a formal degree is not required to be a social media manager from home.
Some of the tasks you should be able to offer your clients include:
- Social media strategy
- Scheduling social media updates
- Develop online communities
- Identifying and creating viral content for sharing
- Content creation
- Content marketing
- Lead generation
- Improved brand awareness
- Social engagement
- Community growth & outreach
- Responding to customer service issues
- Report on reach, traffic & growth
- Creating amazing social media images
- Setting up engaging profiles
- Search Engine Optimization
- Social advertising
- Sharing popular posts & sales pages on a regular basis
Because of the potential impact of their work on company revenues, freelance social media managers are able to generate salaries of over £70,000 per annum.
In addition, experienced social media managers are able to charge big brands between £30 and £100 ph for consulting. Some even make extra income running workshops and speaking at conferences and other events.
If you’re interested in generating a steady and substantial income as a social media manager, check out this social media marketing manager course. It will show you how to position yourself as the best option for social media management services for potential clients.
Blogging for Business
Blogging is a big industry right now, and running your own successful blog is, without a doubt, one of the most profitable ways to make money online. As a blogger, you’ll be able to earn passive income. What’s more, blogging means you get to earn that money by writing on a topic that you find fascinating and you even get to become something of a minor celebrity in your chosen niche. If a blog takes off and becomes really successful then in theory you can earn thousands a day. It’s incredibly scalable and there’s no ‘upper limit’ for what you can achieve.
For example, Pat Flynn’s Smart Passive Income makes over $150,000 every month and the author publishes a report of his income on his blog every single month, along with the activities that contributed to it. Prolific blogger Neil Patel created a health and fitness blog that began generating over $100,000 per month within 12 months, despite knowing very little about the topic. Jon Morrow’s Boost Blog Traffic makes $100,000 a month in sales.
If you are interested in learning how to get the most from blogging, our Blog Authority course will teach you the exact steps, strategies and techniques you need to apply to generate a comfortable living from Blogging.
Click here to learn how to build a blog for your online business.
Sell Other People’s Products
Affiliate marketing is a proven way to generate passive income, and it is the best option for the widest selection of people. This is because it is an online business model with the lowest barriers to entry, and anyone master it after learning the fundamentals. At the same time, it is one of the most profitable business models people use to make money online.
Affiliate marketing has certainly been growing over the years with about 5.7% of big affiliate marketers starting in 2006 versus 13.9% in 2012.
How Affiliate Marketing Works
Essentially, a third party, or affiliate, acts as part of a virtual sales team by placing ads and links on their website, which will direct visitors to the home page of an established retailer. Every time that visitor goes on to make a purchase, the third party receives a commission. Using affiliate marketing it’s possible to get very rich with zero up-front investment, zero creative process and zero marketable skills. If you have a website, blog, or other online property, you too can earn money through affiliate marketing.
How Much Can an Affiliate Marketer Make?
During the 2014 affiliate summit, over 1,800 affiliates answered a survey, revealing everything from their methods to their earnings. According to the survey, 46% were bringing in less than £15,000, 8% earned £35,000 – £75,000 and 12% earned over £75,000.
Here are a few facts about affiliate marketing:
- US affiliate marketing spend nears $5B.
- UK affiliate marketing drives ~1% GDP.
- 40% of marketing professionals quote affiliate marketing as the most desired digital skill.
- 38% of marketers call affiliate marketing one of the top customer acquisition methods.
- In 2015 Amazon.com revenue surpassed $100B. Its affiliates generated at least $10B of it.
- In the UK, brands spend £1.3B a year on affiliate marketing and lead generation.
Affiliate marketing is a process that is highly repeatable – there’s a blueprint for doing it successfully, and it can reliably earn a substantial amount of money every month.
However, most people that try affiliate marketing don’t make a lot of money from it. Because its so simple to get started, most people don’t treat it as a real business. They simply sign up to a number of affiliate networks they find through a Google search, pick out random products they believe will sell and start posting their affiliate links on their sites and on social platforms. This is a blueprint for failure, and you’ll only end up damaging the reputation of your website. Unfortunately, that’s how most people approach the affiliate marketing process.
If you’re interested in making money from affiliate marketing, you need to follow a proven formula that has works, and has been proven to work.
Here’s an affiliate marketing course that will guide you, step-by-step on your journey to earning a substantial income online.
Click here to check out this affiliate marketing course.
Coach People Online
Coaches are individuals who have had enough success in their life in a particular field. If you like helping people and are experienced in a particular field, you may be qualified to help certain individuals accomplish their personal or professional goals.
Sometimes, coaches are educated or certified in a particular area and sometimes they just rely on their own natural talent. You would be quite surprised how many people can actually benefit from having a coach.
There are many different topics that coaches help people with. For example, if you you can help certain individuals identify what might be holding them back and getting in the way of accomplishing their personal or professional goals.
Why do People Hire Coaches?
People hire coaches for a variety of reasons. But using an analogy from the world of journalism, people hire coaches for the same reason that writers hire professional editors. They need someone from the outside to check out what they are doing, identify any mistakes they are making and provide some invaluable perspective on how to accomplish their overall objectives.
The thing is, coaches are people who will hold you to account for the things that you do. If you set personal goals and then try to accomplish them all by yourself, you’re probably going to give yourself a break now and again, and might even abandon them halfway. It’s a lot different when you have a coach because they will inspire or motivate you to accomplish those goals and help you overcome any challenges you might face along the way.
A coach can help you plan or devise a strategy to help you accomplish your personal or professional goals. They can help with spreadsheets, journals and other materials that you can use to effectively track what you’re doing. A coach will also be there for you when you accomplish all your goals, which can be very inspiring.
If you are interested in becoming any type of coach, this step-by-step coaching tutorial series will give you the information and the tools that you need to start your own online coaching business.