earn money online free new update 2024

1. Create A Newsletter

Revenue potential: You can start with $10/month per subscription and reach up to $2,000 through sponsorships as your audience grows.

Global email users are expected to reach 4.6 billion by 2025. Consumers spend lots of time in their mailboxes daily for work or personal purposes. From communicating with colleagues to searching for product sales or new content, this channel is increasingly gaining ground in consumers’ trust.

If you enjoy content writing and have expertise in or passion for a field, you can start your newsletter and profit from it by building a premium subscription with exclusive content. Exploding Topics and the Motley Fool are great examples to get inspired.

You can start small by sharing a landing page on your social platforms to gradually build an audience. Once you gain more traction, you can invest in a website and motivate your greatest fans to move to premium. Explain all the benefits they’ll reap if they do so and try to reach up to their expectations.

Here’s how Stacked Marketer approached it:

Let’s look at a newsletter by the same creator as a reference:

Before monetizing your newsletter, check competitors’ pricing in your niche to stay ahead of the curve. As your email list and audience grow, you can partner with sponsors and earn more money by sharing their content or brand assets in your newsletter.

To start creating newsletters and managing your audience, you need:

• an email marketing solution with user-friendly features
• pre-made templates to help you save time and effort
• reporting and analytics to monitor your performance
• affordable pricing to begin your new venture

Moosend can help you build a newsletter and manage your email list effortlessly.

You can simply use its ready-made templates and intuitive editor to create outstanding campaigns without coding or design skills. Start your 30-day free trial today – no credit card required!

Also, if you’re looking for more information on how to build your email list from scratch, click here!

2. Start An Ecommerce Business

Revenue potential: You can reach up to $63,000 in monthly revenue in three months and up to $127,000 in year one.

You can start an online store if you’re looking for a large payout that can gradually lead to a full-time occupation. Setting up a small business online has never been easier if you find the right products/services.

To build a profitable store, select products/services you’re passionate about and conduct market research to determine their potential. Then, sit down to map the logistics. You don’t have to start big; just shape your brand and take it one step at a time.

Moreover, you can also get into the world of dropshipping, a business model that has gained many fans over the years. In short, you mediate between the customer and a third-party supplier. You don’t need anything in stock, as they fulfill the orders on your behalf.

You can also offer print-on-demand T-shirts, mugs, and accessories. This way, you can design fantastic products and sell them before placing an order for them.

As you can see, these methods won’t bring you money as fast as the first one, but with persistence and effort, you’ll slowly build a profitable business.

Ecommerce Platforms To Build Online Stores

What are the most popular eCommerce websites to start your online store from scratch?

Here are some great eCommerce platforms to get started:

• Shopify: One of the most famous builders, with an easy-to-use setup and plenty of help during onboarding. The platform offers many premium features and add-ons. Pricing starts at $29/month.
• BigCommerce: It includes an intuitive website builder with various customization capabilities. This platform supports multi-channel selling, search engine optimization (SEO) tools, and various payment options. Pricing starts at $29.95/month.
• Wix: A user-friendly website for beginners and many designer-made templates to build a beautiful website. However, its inventory management is not the best in the market. Pricing starts at approx. $20/month for basic features.
• Woocommerce: A free WordPress plug-in and one of the most popular websites for eCommerce stores. Some of its pros are its SEO capabilities and customer support. However, it’s not one of the most scalable solutions.

Overall, it’s easy to say that opening an eCommerce store is not a low-effort deed. Look at this comprehensive eCommerce business plan guide to ensure everything runs smoothly. If you’re short on time but fascinated by this business idea, consider a dropshipping business as an alternative.

3. Join An Affiliate Marketing Program

Revenue potential: Novices can earn up to $1,000, mid-level affiliates up to $10,000, and advanced affiliates $100,000+.

Becoming an affiliate marketer should be ideal for professionals interested in making extra income. Affiliate marketing occurs when an affiliate or publisher earns a commission for a product or service they promoted successfully to their audiences.

Affiliates can choose between physical and digital products if they can convince their audience to buy them. Even though promoting physical products can convert faster than digital, the commission is usually lower.

Affiliates usually get a unique website link that tracks conversions. They place it inside a blog post or promote it via social media, like TikTok, Instagram, or YouTube.

Others prefer to run Pay-Per-Click (PPC) campaigns if they have some money to invest beforehand to reach consumers who are very likely to convert.

Let’s see some successful affiliate marketing programs you’d better watch out for.

Best Affiliate Marketing Programs For Digital Products

• Moosend: If email marketing is your thing, you can’t miss out on our fantastic affiliate program. Earn up to 40% lifetime recurring commission for every paying customer and an extra commission if they upgrade.
• Shopify: This website builder offers a generous $200 commission if the referred customer remains an active subscriber for two months.
• Semrush: This SEO marketing tool gives $200 for every subscription sale and $10 for every free trial signup.
• Coursera: Join Coursera’s affiliate program to get a 10 to 45% commission. This platform offers everything you need to become a successful affiliate.
• Capsulink: Join the Capsulink affiliate program and earn a 25% recurring commission for up to 12 months. With Capsulink link shortener, you can make and share short links across various social networks and other marketing channels.

Best Affiliate Marketing Program For Physical Products

• Amazon Associates: You can earn a 1-10% commission, depending on the program. The cookie lasts for a day.
• Target: It’s another notable retail brand, enabling you to get up to an 8% commission with the cookie lasting seven days.
• eBay Partner Network: This well-known retail platform pays you a 1-4% commission based on the product category. The cookie’s life span is 24 hours.

To succeed in affiliate marketing, create exciting and relevant content for promotional purposes to make good money.

4. Become An Influencer

Revenue potential: Micro-influencers (10-50K followers) can make from $40K-$100K annually, depending on many factors.

If you love social media and creating content regularly, you can consider leveling up your social profiles, like Instagram or TikTok. If you specialize in a niche market, e.g., education or traveling, you can create more specific content and target specific people by addressing their pain points.

As your following grows, you can experiment with different content types to see what drives more engagement, and sponsorships will start coming your way.

Even though this is one of the most creative ways to make money online and turn it into a real business, you’ll need time to nurture results. Plus, competition is high in specific markets, so you’d better research first.

Here, you’ve listed some tools that will help nail your content creation:

• Design: Canva, GIPHY
• Analytics: Hootsuite, Google Analytics
• Video: Ripl, Filmora9

As long as you find the appropriate tools, you must update your content consistently to fulfill your subscribers’ expectations. Moreover, answering your followers’ comments and interacting with your audience is essential to creating community vibes.

5. Start A Blog

Revenue potential: People who monetize their blog can earn $20,000-$50,000 annually.

If you love expressing yourself through writing or you can experience as a freelance writer, you can become a blogger. To build a successful blog, targeting a specific niche market and audience is much more efficient.

If you publish great content consistently and apply SEO principles, you can turn your blog website into a real money-maker. For instance, you can add affiliate links to blog posts that drive high traffic or sell advertising space to other businesses.

You should dedicate time and effort to set up an online business like this. But if you have a creative spirit, this safe writing space may give you the freedom you need.

Here are some Content Management Systems (CMS) to start a blog from scratch, paid and free:

• WordPress: The free plan starts with limited features and no custom options. The most popular plan for freelancing is the Premium at $13.95/month.
• Joomla: You can start for free, but you’ll soon need to update to access top features. The annual cost for the Personal package is $99.
• Ghost: The pricing varies based on the audience you have. For example, for up to 500 members, it’s $11/month.

Lastly, you’ll also need to buy a domain name from registrants like GoDaddy and HostGator to host your new blog.

6. Create A YouTube Channel

Revenue potential: The average YouTuber earns $18 for 1,000 ad views and around $5 for 1,000 video views. However, the final income can vary.

If you’re more confident with public speaking and have solid story-telling skills, you can also start a YouTube channel to make money online. Again, sticking to a specific field is best if you want to gain authority and followers faster by creating how-to videos, so picking the right YouTube niche is a must.

Let’s see an example:

Overall, you should be 18+ years of age to get your YouTube channel monetized. However, investing in tech gear, like a good camera, a mic, and an editing tool, is essential to grow your channel and sustain an excellent quality over time.

 it’ll take some time to be more visible. Read this manual and learn how to create a successful Etsy shop online.

You should be 18 years old to be eligible to open an Etsy store. Children 13-18 are considered minors and need a parent or legal guide to manage the system.

Before opening a shop, ensure that your products are allowed on the platform and that Etsy Payments are available in your location. You should also follow the laws that apply to online business in your country.

What you can sell:

• Handmade items
• Vintage items (20+ years old)
• Craft supplies
• Digital items

What you can’t sell:

• Alcohol, tobacco, and substances
• Animal products (e.g., leather)
• Internationally regulated items
• Mature content

Find more information about what you can or cannot sell on Etsy here.

8. Publish An E-Book

Revenue potential: You can make from $5,000 to $8,000/month on average.

With the rise of self-publishing, writing and publishing your e-book to make money online is now possible. So if you enjoy storytelling, why not give it a go?

To create a polished e-book, apart from a writer, you need a designer and an editor to ensure that your e-book is as great as possible. You can hire freelancers to help you out.

Then you can submit it to a self-publishing platform and focus on promoting it. However, before submitting it, check each company’s royalty policy to see the rate you’ll receive for every sale.

Let’s see some self-publishing platforms:

• Barnes & Noble Press: They offer a dedicated calculator to measure royalties. When published by B&N Press, you can earn a 70% commission.

• Amazon Kindle Direct Publishing: You can make up to 70% royalty on sales.
• Smashwords: You earn a 60% royalty if your ebook is sold via a retailer or at least 80% if they get it straight from Smashwords.

• Apple Books for Authors: They provide authors with 70% royalties.