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10 New Ways to Make Money Online

The idea of making money online is attractive to many, primarily because of the benefits it offers. Making money online is mostly about customizing a monetizing formula for your blog. Depending on your skill level, network, and current traffic levels your blog has a variety of options.

When you look for new revenue streams, think about what you do well. Whether you’re an expert in your field, a talented designer, a programmer, or a producer of content, there are ways to leverage your knowledge, skills and abilities, package them and provide them for a fee. And don’t forget that successful web workers are often pursuing more than one income stream at the same time. You may be able to assemble a career out of numerous smaller activities.

Email Newsletters
These are becoming extremely popular. The purpose of the email newsletter is to build up a mailing list of email addresses and then use the emails you send to drive traffic, sales, or income in a variety of ways. Creativity is the best way to use this revenue source. Additionally it is important to start building your email list as soon as possible. But be warned that most newsletter services of any value cost money (but not a lot).

Mentoring programs
People are willing to pay for someone or something that will teach them and give them knowledge (as opposed to mere information). Education is one of the biggest industries in the world, and the online landscape behaves in a similar way.
Creating a mentoring program related to the niche of your website could be very profitable if you manage to structure and promote it adequately. There is a wide range of media and tools that you can use to deliver the information, from text articles to audio and video lessons.

Provide service and support for open source software
Just because the software is free doesn’t mean you can’t make money on it–just ask Red Hat, a well-known distributor of Linux that sports a market cap of more than four billion dollars. As a solo web worker, you might not want to jump in and compete with big companies offering Linux support, but how about offering support for web content management systems like WordPress or Drupal? After getting comfortable with your own installation, you can pretty easily jump into helping other people set them up and configure them.

Start Freelancing Online
If you have a skill such as web design, programming or copywriting you can offer your services online in exchange for money. Traditional freelancing jobs include transcription, proofreading, translation services on top of the ones already mentioned above. One of the best ways to find freelance jobs is to visit webmaster forums because webmasters usually require a variety of web-based services, which range from programming and content writing to design work. Take on short or long projects ranging from many jobs that can be fulfiled by your own knowledge and expertise in an instant.

Sell your video footage
We’ve covered the microstock photography market several times, but did you know that there’s a budding microstock video market too? If you’re a digital video fanatic, turn your high-quality b-roll into bucks using stock imaging sites that also carry video footage like Pond5, iStockPhoto Video and Pixelflow. Set your price, set your terms, and add this new revenue stream to your income.

Offer to Make Websites
There are many webmasters or I would say small business owners who just simply don’t have the time to learn how to make a website. This is where you can come in and earn some beneficial goodness for something you already mastered. This can easily become one of your side jobs.

Design Logos
If you are somewhat familiar with Adobe Photoshop or any other image enhancer application to make your job easier, you can easily become a professional logo designer. With the right amount of practice, you can earn from simply $20-$1,000 for each logo you make, however, be aware that there is always competition.

Uploading Files
Many new uploading databases are offering incentives for each thousandths download. Ranging from $5 to $10 per thousandths download depending on how a reputable customer you are.

Try Out Domaining and the Online Real Estate Trade
This is the business of buying, selling, developing and making money from domain names. A domainer purchases many domain names and sells them to interested buyers. This is similar to real estate investing offline and domainers also make money by developing websites and reselling it to a buyer. This practice is known as site flipping and can make you a tidy sum of money if you know how to build an attractive and profitable website.

Get Involved in the Online Retail Trade
Ebay and Craigslist are the two of the most popular websites you can use if you are planning to get into the online retail trade. You can purchase products from either website to sell to the other. Alternatively, you can specialize use site-specific methods of participating in the online retail trade. For example, Ebay dropshipping and arbitrage is a method whereby you’ll with offline retailers or exporters in other countries, or buy from one seller and sell to another.

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