making money online
and the reason I want to do that is
because obviously in the climate of the
world right now
a lot of people have lost jobs are on
furlough
or in general, just struggling for money
and considering we can't get out and
about like we used to
then on the online kind of sphere is the
perfect place for us to try and make
some extra income these days
um so i'm going to go through the list of
10 things
are the best ways you can make money
online um
so number one is trading and when i say
1) trading
i mean the buying and selling of stocks
um or foreign exchange currency pairs
on an online platform so what happens is
is we have
a a graph of previous price action
and people analyze these to kind of work
out where
is the best place to buy and sell stocks
or foreign exchange pairs
now this has unlimited potential in the
way that
the amount of money you can make is
dependent on the amount of money you put
in so the more money you put into it the
more money you can make
but on the flip side the more money you
can lose so trading
is quite risky um unless you know what
you're doing so there is a lot of
kind of learning that you need to do
before you do go into this at
this avenue of making money online um
for that reason
it's not the quickest way but it is one
of the most lucrative so i'm not going
to recommend it unless you know what
you're doing or you are prepared to put
time into learning and practicing before
you go straight into it
the second item that i want to talk
about today is
2) fiverr
now fiverr is an online
kind of marketplace for people who are
freelance so
if you create websites if you design
logos if you are a copywriter for
example
you can put yourself on fiverr and
advertise your services for a fee
now this is where other businesses will
come in have a look and if they like
what you are offering
they will purchase your services from
you
um and it's a great way to kind of build
a portfolio
so on fiverr you're not gonna expect to
make a ton of money but it's a good way
to get your name out there
and kind of build up that portfolio as
i've said the next thing i want to talk about is
3) Amazon FBA
so fulfilled by amazon
this is basically where you um sell
items through amazon and you send it
into their kind of central hub
and they will package the the item up
and they will list on their website and
then if it sells
they kind of deal with the shipping for
you um
this is a great way to make money it's
very lucrative um the only drawbacks to
this are that
amazon do take a fee and it's quite a
hefty fee for your profits
um it does take up quite a lot of space
in your house as you're probably
buying a load of items that need to be
sent off into amazon so whilst you're
waiting
it's kind of easy to build up the amount
of stock you're holding inside your
house
and this third one is that amazon are
quite notorious
for their tight legislations and if you
don't meet them
and you do break a tiny little rule they
can ban you and that's your whole
business gone
so whilst i do recommend amazon for kind
of getting into the e-commerce world
i do definitely recommend setting up
your own venture further down the line the
next um topic whilst we're on the topic
of amazon is writing
4) Ebooks for Kindles
and the
reason why i say this is because
rather than going down the usual line of
writing a book and having to get it
through an editor
this way you can just write your back
write your book sorry you can format
it and create a front cover and you can
down upload it straight onto the kindle
marketplace
um and it's just a great way to get your
name out there
but you will have to do marketing
yourself you can't just upload it and
expect for the item to sell
straight away and in higher volumes you
do have to market it
if you're worried about kind of creating
a front cover
and you're not quite good with graphic
design
don't worry you can go onto fiverr and
get someone to make it for you
so don't let that hold you back and i do
honestly think this is a great way to
kind of build some revenue online if you are
into writing and you're quite creative
in that aspect
the next item is creating an online
5) Educational Course
so this is very valuable to those who hold a
specific skill that people are after
so for example if i wanted to learn how
to trade stocks and forex
i could have a look on a website such as
udemy
go on there find a course for forex
teach myself how to trade and then apply
that training to make myself some money
so if you knew how to trade you could
create this course and then sell it to
people
and it doesn't take anything extra so
you're not having to invest anything
you're not having to learn anything and
you already have the knowledge
but you are simply just creating a
course that's going to be one
educational and too
enticing and then sell its people and
it's a great way to make an
extra buck on the side it's also good on
the flip side if you wanted to learn
something so
if you are looking to make money in an
avenues again trading as an example
you can go online and find a course to
upskill yourself before you
kind of dive straight in next up is
6) Affiliate Marketing
so this is where you don't
own the business but what you do is you
send people towards a certain website
or a certain product and if those people
then go on to
purchase from that website or product
you get a commission from that sale
so this is great because it means that
you don't have to invest in stock
or you don't have to invest in providing
support to your customers
you don't have to worry about packaging
or anything like that you are literally
just sending people to a location and if
they purchase something
you get a piece of that pie there's many
great ways
to find affiliate schemes if you find a
product you like or something you
recommend you can go down to the bottom
of the website
there's normally an affiliate link at
the bottom which you click and sign up to
or you can go to a website like
clickbank which has thousands of
affiliate schemes on there that you can join
um and it's so easy to kind of get
signed up and get going with it
next is
7) Youtube & Blogs
so kind of similar to
what i'm doing here if you have
knowledge in something or you're an
entertainer
you can kind of gain money through
having a successful youtube channel
so you can gain money through
advertisements um product
placement or even affiliate schemes like
I've just mentioned and
the more videos you do the more kind of
the audience you're going to get
and then the more money you're going to
make so it's definitely um
a good way to make money it has got
harder in recent times there's a lot of
competition
on youtube, if you can find yourself a
niche there's no reason why
you can't make a lot of money via
youtube still a similar topic to youtube
is creating a blog so if you have
something that you are passionate and
know a lot about you could create a blog
and build up a following
and then you can monetize this by using
google adsense
on your on your website you can do
product placement again affiliate
marketing again
so it's a great way to kind of take
something that you're passionate about
and if you don't like doing video
and you prefer writing you can create a
blog um
you do need to have a website however um
if you are not very skilled with this
you can learn how to do it via fiverr
um you could get someone to make one for
you via fiverr
or you could use a website called wix
which is a very basic
website builder instead of having to
know code you can just drag and drop things
but it is quite rigid it's not very
flexible and once you have something you
can't really
change it a lot um but it is still good
if you are beginner and you just kind of
want to get into the field as soon as
possible next up is
8) Dropshipping
and this is um a little different and not a lot of
people know what it is but it's basically
when you act as a middleman when selling
product so if you identify a product that sells
really well
or is in high demand you can create a
website on shopify
which is a great e-commerce platform or
you can get someone on fiverr to build
your website again
and you list this product on your
website you market your website get
people to visit it
and then when someone purchases from you
you don't actually
have to hold any stock so when someone
purchases from you you
purchase it yourself from the supplier
who then sends it directly to your
customer so you're never actually going
to hold any stock
and this is great because it's almost
risk-free so you're not actually having to
put your money into stock there's no
risk there
you're not holding anything you only
spend when someone else buys from you
so unlike amazon where you have to kind
of purchase everything before you don't
have any of that with drop shipping
um but you do have to get the traffic
and people
directed towards your website so you're
going to get views and purchases
so i try to mix this up quite a bit and
provide something for everybody
and this one is for people who are into
arts and crafts and
like to make things and are passionate
about making things
so what you can do is if you have a
product such as a christmas bauble
that's personalized or
you draw pictures of people's pets you can
advertise your products on etsy which is
a e-commerce
platform a bit like ebay a bit like
amazon but for people specializing in
handmade
items and this is a great way to kind of sell
items you're passionate about making the
9) Etsy
the only downside to Etsy is that they will
take a fee from you a bit like amazon a
bit like eBay
however, this is well worth it because
Etsy is providing the traffic and the
viewers of your product for you you're
not having to worry about marketing
so that is kind of why it is worth
getting yourself on etsy
rather than just putting something on
instagram or facebook for example
so you've made it to the last item on my
list and i promised you that this was
going to be the best one
and that's not because i think it's
going to make you the most money from
all of the items that I've listed today
however i do think it's easiest and most
appropriate for the majority of people
to make money from online
it's done through a technique called
10) Matched Betting
which is essentially
a method that you can use to extract a
profit out of free bets
and bonuses that bookmakers give out in
its simplest terms you place two bets
that cancel each other out so you don't
make a loss
which means you unlock a free bet that
you can extract the profit from
again that's a simple explanation.
thank you..
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