The mere thought of making huge amounts of money online was not plausible, even as early as a decade ago. Now though, with the sheer power that the internet has, nor is it only possible to make money online, but it is also possible for people to make fortunes using just the internet. There are a great number of people who have turned creative ideas into revenue generating machines. A good example is Facebook, which now churns out billions of dollars in revenue every year. While these success stories do provide food for thought, not everyone starting an online business makes millions. However, making a comfortable income using the internet is still possible and the methods to make a substantial income using the internet have been discussed below:
The need for content has never been greater than it is now. This is due to the number of restrictions that search engines have kept when it comes to Search Engine Optimization. As online marketers can no longer just rely on the use of keywords to make their web pages stand out, they now have to come up with useful content that is actually beneficial for the people who access it. Therefore, freelancing is a great source to make money for people who have adequate writing skills. Articles, website content, blogs, and press releases are all part of freelancing.
2. E-book Creation:
The self publishing thought has seen immense levels of growth in the past few years. Authors no longer have to publish books on their own websites, as books can simply be posted on Barnes and Noble and Amazon. Ergo, people who have a knack for writing can choose any genre they like and write a book on it to test their luck. The commission rates range from about 70% of these websites, so if the book that you have written becomes popular, some really huge amounts of money can be made.
3. Virtual Assistant:
The power of the internet is such that even those tasks that were previously thought to be impossible to complete from home can now be completed through the use of a computer. One such job is a virtual assistant. Whereas most people would like to have assistants for their businesses, not everyone can afford one. This is where virtual assistants come into play as they can be hired for almost half the money on a full time, on the job, assistants. Virtual assistants can earn up to $20 per hour and earn a substantial income if they have a liking for working at home.
4. Affiliate Marketing:
Affiliate marketing is basically advertising on the behalf of other companies. For example, if a person was advertising for Orange, then for each click made in the advert of Orange, the person advertising on behalf of the company would get paid. Affiliate marketing ranges from pretty basic to high end, with people advertising for even products such as diet pills. Thus, individuals can choose to market for any company they wish for and earn an overall decent amount.