21 Ways to Earn $100 or More in a Single Day Online
Though it's been a long time since I received my first $100 online payday, I've learned a lot about a variety of online money-making strategies since then. And I'd like to show them to you one by one. But first, let me provide some background on myself and my story.
I started a blog called Good Financial Cents about ten years ago. Although my website now produces a lot of passive income, I originally developed it as a marketing tool for my financial planning business.
I didn't know much about online marketing, social media, or SEO at the time. In reality, I was completely unaware that you could earn money online. Fortunately, I met some mentors along the way who taught me how to make money with my online presence.
This was a big mental shift for me because up until that point, the only way I knew of making money was to go out and find more clients. I didn't realize it at the time, but blogging revenue would soon replace my full-time work.
Now that you know a little about me, let's look at some of the ways you can start making money online, either passively or actively. If you want to make money online in your spare time, take a look at these 21 ways to make $100 or more per day:
#1: Google Adsense
As a financial planner, I had a lot of limitations when I first began my blog. As a result, Google Adsense was one of the few ways I could make money at the time. Simply sign up for this income-generating strategy, and Google will provide you with a code to copy and paste onto your website. The rest is handled by Google, and you are billed if someone clicks on your ads and/or makes a purchase.
I was able to receive my first $100 reward three months after I finally added Google Adsense to my website. This is fantastic, but many people have asked me how I was able to make so much money with Adsense at first.
Bear in mind that, as a financial planner, the majority of the advertisements on my website are for high-yielding financial items. It may take longer for your advertising to pay off with your first $100 check if your blog is in a different niche, such as food or fashion.
#2: Text Links
At first, the second way I made $100 was via text links. If you're not sure what text links are, look at any article on the internet and look for highlighted words that you can press to go to another page.
There are a lot of companies willing to pay $100, $200, or even $1,000 or more for you to connect from your website to theirs, which I didn't know for a long time. However, I was ecstatic when a few businesses offered to pay me $100 or more simply for including a connection in one of my blog posts.
Unfortunately, I discovered that selling text links is against Google's terms of service. If you do this on a daily basis, your website will suffer long-term repercussions.
As a result, selling text links isn't a viable long-term revenue stream. You can do it once in a while without damage, but if you get greedy and overdo it, you will live to regret it.
#3: Sponsored Posts
A organization pays you to write about their product or service on their website in a supported article. Although I initially made $100 to $200 per supported post on Good Financial Cents, I gradually increased my prices.
How much money would you make? FITnancials blogger Alexis Schroeder reports that funded posts earn her $3,000 per month on a regular basis. Some blogs with higher traffic, on the other hand, can easily receive $20,000 or more per supported article.
If you're going to do supported posts, I strongly encourage you to only partner with brands you believe in and are proud to promote. You won't gain much confidence from your readers if you support something and anything without making sure it aligns with your beliefs. This could potentially hurt your efforts to expand your website more than the revenue from supported posts helps.
#4: Affiliate Marketing
One of the most lucrative ways to make money online is by affiliate marketing. When I was able to add affiliate links to my website, my earnings skyrocketed in just a few weeks!
Affiliates in the financial planning niche include online brokerages, online banks, and financial resources. If you're willing to promote these enterprises, you can gain a lot of money.
Although the affiliates you deal with will vary depending on your niche, bear in mind that certain firms will pay you up to $100 for each conversion. With that kind of return on your time, it's not difficult to start earning real money.
Check out Making Sense of Cents if you don't believe me. Michelle Schroeder-Gardner is the blogger behind this site, as well as the creator of the Making Sense of Affiliate Marketing course. Michelle regularly receives over $100,000 a month from her website and course sales. That isn't a mistake.
#5: Display Ads
Display ads are similar to Google Adsense in that you don't need the reader to click on the ad to make money. Consider display advertising to be online billboards rather than billboards on the side of the road.
For display advertising, you'll still be charged depending on how many times the ads are shown. As a result, as your website's traffic increases, these advertisements will become more effective for you.
#6: Freelance Writing
If you don't mind making some of your money through active work, freelance writing is another way to make money online. Another advantage of freelancing is the opportunity to gain visibility by writing for larger websites.
One of the first websites for which I contributed articles paid $150 per post. This wasn't a large sum of money, but it allowed me to hone my writing skills and publicize myself. I don't write for other people as much as I used to, but I know a lot of freelancers who make $250, $500, and even $1,000 per post.
Some of the freelance writers I know make six figures or more a year working from home. Blogger Holly Johnson, for example, makes more than $200,000 a year writing posts for other blogs. If you want to become a freelance writer but need some help getting started, Johnson also offers a course.
#7: Getting New Clients for Your Business
I started my blog with the intention of using it as a marketing tool to attract new clients for my financial planning practice. This strategy worked well because my online presence allowed me to gain authority and interact with people I would not have met otherwise.
If you have a service-based company of some sort, I strongly advise you to start a blog or create an online presence that you can use to attract new customers. This will help you develop your client base in the same way that it helped me, and it's a lot more enjoyable than cold-calling or boring seminars.
#8: Coaching
You can also use the internet to develop a coaching company if you have experience in a particular area. This was an unintentional occurrence for me. As I developed my blog and brand, a flood of people approached me, wanting to know how I did it and how they could apply the same concepts to their own businesses. Although I used to provide free advice because I loved it, I gradually began charging a consulting fee.
The amount you make is determined by the sort of niche you select. Executive coaches make about $325 per hour, while business coaches make about $235 per hour, according to recent figures. Life coaches, on the other hand, can charge between $160 and $180 per hour.
You should start charging people if you're an expert in your field and they continuously ask to "pick your brain." Your time, as well as your advice, is extremely valuable!
#9: Selling Leads
I started a second website, Life Insurance by Jeff, after a few years on Good Financial Cents. We started this website to generate our own leads, but we quickly reached a point where we couldn't handle them all on our own.
After a while, I discovered that a few insurance companies were willing to pay for leads created by my website. These businesses will pay anywhere from $35 to $100 per lead, which is ridiculous. I had no idea this was possible, so this was a real eye-opener for me.
It's also worth mentioning that lead buyers aren't limited to life insurance firms. There are a lot of different lead generation paths and techniques out there, so make sure to look into them all.
#10: Digital Products
While there are numerous digital products available, there is still space for more. I've even got a couple of my own!
I have a $7 upgrade if you sign up for my free Make 1K Challenge, where I teach you how to start a blog and make your first $1,000, for example. Although $7 does not seem like much, this one product allows me to earn an extra $1,500 to $2,000 a month passively!
The vast world of printables is another example of digital goods. Many online entrepreneurs make money by creating digital items that their consumers can print at home. While many bloggers have their own printable budget templates, menu plans, or checklists, Etsy.com has plenty of options.
#11: Online Courses
I've previously mentioned my digital products, but keep in mind that you can build almost any digital product on your own. It could be a PDF, a video series, or a course — whatever you think would work best for your business. Just remember to supply the products and ensure that your product is of high quality. You'll quickly lose street cred if you sell garbage just to make a buck.
In a post about how much YouTubers really make, I mentioned that some of them have their own courses. Graham Stephan, a well-known real estate YouTuber, makes a lot of money selling real estate courses through his Real Estate Agent Academy. How does he manage to make so much money? Each of his courses costs $497. It is just one example; there are several others.
#12: Investment Gains
You can open an online brokerage account and purchase ETFs or stocks just like everyone else. For a long time, I've been able to make at least $100 per day from my savings, and this money is one of my favorites because it's completely passive.
Keep in mind that having conventional investments as well as an online company that can help you earn passive income is important. To get started, simply open an account with Scottrade, TD Ameritrade, or another online brokerage.
There are so many options for investing online these days that there is almost no reason not to. I'm tired of making excuses, so start saving today to create long-term wealth. #EndOfRant
#13: Peer-to-Peer Lending
For a long time, I've been making money with peer-to-peer lending. Borrowers and investors can interact on websites like Lending Club for mutually beneficial financial transactions. On the investment side, you can put your money into crowdsourced loans for people who need money all over the world. The returns on these loans are typically high, and you can use these platforms to generate additional passive income while still assisting others.
Should you join any of the peer-to-peer lending platforms? Gallan Research's David Galland looked at every possibility a few years ago. Lending Club, Prosper, Upstart, and Funding Circle, he concluded, were the best peer-to-peer sites for investors.
#14: Crowdfunded Real Estate Investing
There are a lot of real estate investment websites out there, but Fundrise.com is the one I really use today. You deposit money into your Fundrise account, and competent investors invest it on your behalf and pay you dividends. If you want to get started investing in real estate without the hassles of becoming a landlord, this is a perfect way to do so for as little as $500.
#15: Sponsored Social Shares
Supported social shares operate similarly to supported blog posts in that an organization pays you to write about them on social media. This could happen on every social media website, like Facebook, Instagram, Twitter, and others.
My wife gets paid to post pictures and chat about stuff like furniture, rugs, and children's clothing, which I don't do much of. It's almost comical to me how much money you can make, and it's amazing what people would pay for!
#16: Selling Stuff Online
Another way my wife makes money is by selling things on the internet. She usually sells our stuff on Facebook in various groups. For instance, we recently sold a free wooden hutch that was given to her as part of a social media sponsorship.
Selling stuff is a perfect way to use the internet to make more money if you have things to sell and don't mind wasting some time making free advertising on Facebook or a website like craigslist.org.
#17: Sell a Physical Product
My wife and one of her business partners used to have a subscription package named Happy Mommy Box. They had 1,000 customers paying $35 a month for these adorable boxes filled with items that happy mommies adore.
She finally became exhausted by it all, and she and her business partner agreed to close it down. This, though, only serves to highlight the extent of the opportunity.
Several well-known YouTubers, for example, have their own stores where they sell physical items. For example, Jeffree Star sells cosmetics, and Jake Paul's online store sells a variety of fan gear. You can also find all sorts of entrepreneurs selling handmade soaps, unique home decor, T-shirts, and pretty much everything else you can think of on Etsy.com.
Bottom line: Physical goods will help you earn real money, so be sure to look into the various products you might sell. This could mean selling drop-shipped goods as an associate, or it could mean creating your own product to sell.
#18: YouTube Ads
Even though I started using YouTube in 2011, I didn't turn on advertisements until 2017. When I finally turned on the ads, I was able to make $5,000 to $6,000 a month!
Ads on YouTube are simple to set up because all you have to do is enable them every time you publish a video. Obviously, as your viewership increases, you'll make more money with this strategy.
#19: Buying and Selling Websites
Websites are often purchased and sold for a number of purposes. It's also simple to purchase websites that can help you gain some passive income over time if you know what to look for.
Over the years, I've purchased many websites, including FinanceforTeachers.com. I haven't done much about the site since I purchased it a year ago, but it still allows me to earn $100 to $150 per month with little effort.
Flippa.com is a great place to look for websites and URLs that are currently for sale.
#20: Brand Sponsorships
This technique works in combination with supported blogs, but it's a lot more complicated. When it comes to working with you, many brands want more than just a sponsored tweet. In reality, they are often willing to pay for a sponsorship package that includes written material, videos, social media shares, and other elements.
I've done a few of these over the years, and they can be very profitable but also extremely inconvenient! However, if you're willing to jump through some hoops and have a sizable following, brand sponsorships are an excellent way to supplement your online income.
#21: Book or eBook
Finally, you might think about writing a novel. I published a book called Soldier of Finance a few years ago, and I'm still selling copies. A huge part of that has been the development of my YouTube channel, for which I am eternally grateful.
The great thing about a book or an eBook is that you can sell it over and over again once it's out there. You can also write a book on any subject you like! If you're passionate about a subject, a hobby, or an idea, chances are that others are as well.
{ Extra }
Although this is a partial list of ways to make money online, it is not exhaustive. We skipped over Facebook advertising, retail arbitrage, membership clubs, and a slew of other tactics!
If you need to supplement your salary, bear in mind all of the various ways you can make money on the internet. Even if most of these ideas don't sound like much fun to you, there's a fair chance that one of them will suit your lifestyle and goals perfectly. You will not be sorry if you begin earning money online.
21 Ways To Earn $100 Every Day Online
Reviewed by Mehedi Al Tayib
on
April 04, 2021
Rating:
Reviewed by Mehedi Al Tayib
on
April 04, 2021
Rating:


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