How To Make Money Online in 2022| 10 REAL WAYS TO EARN MONEY ONLINE in 2022
The past year encouraged all of us to embrace the great indoors. No surprise, then, that the interest in making money online from the safety of our homes is now on the rise.
What once felt like a distant daydream is now a reality for millions of people. Those of us who worked remotely from our home offices for the last few years have a lot less explaining to do at family events—the path to earning a meaningful amount of money online has become much clearer.
- Make Money with Affiliate Marketing
Affiliate marketing is one of the most popular ways to make money online. Throughout the years, its popularity has gone up and down, but it continues to prove to be a stable way to make money online. The best part about affiliate marketing is that you can be an affiliate for nearly any company, from Shopify to Amazon to Uber to FabFitFun.
Affiliate marketing allows you to earn a living by promoting other brands. If you’re a savvy marketer, you can earn a commission from sales by promoting retail products, software, apps, and more. While earning a commission may seem small, keep in mind that you can be an affiliate for several brands and include several affiliate links on a single blog post.
If you really want to make money online doing affiliate marketing, your best bet is to focus on content marketing. By building out a blog with several pages of high-quality content, you essentially create an asset you can call your own. The best part about focusing on content marketing is that if an affiliate program shuts down, you can switch the affiliate link to a competitor without negatively impacting your side hustle income.
- Create a Digital Course
It seems like digital courses are everywhere today. So, if you have valuable knowledge that someone would pay for, this could be a great opportunity.
In addition to having your own courses, learning platforms such as BitDegree offer a chance to become an instructor. It’s a unique opportunity to pass your skills and experience to thousands of people who are eager to learn something new.
- Start a YouTube Channel
If others can make money from YouTube, so can you. The highest-paid YouTuber is 7-year-old Ryan, who reviews toys on his YouTube channel, which made him $22 million in 2018. Another high earner is Jeffree Star, who’s made more than $18 million on YouTube and has a cosmetics brand that sells about $100 million in products annually. His YouTube (and Myspace) fame helped him use his influence to make money online beyond his YouTube earnings.
Your YouTube channel should focus on a single niche so you can build a strong, loyal audience. For example, you can create makeup tutorials, stream video games, review products, teach skills, create prank videos, or anything else you think there’d be an audience for.
The secret to making money on YouTube is to create content people want that either educates or entertains. You can use a headline that’s witty to entice people to watch, or you can use keywords that are optimized for YouTube search. Once you’ve reached the 1,000 subscriber milestone, you can officially monetize your channel with YouTube ads.
- Launch an Online Shop
According to Digital Commerce 360, eCommerce spending was around $3.5 trillion in 2019 and is expected to grow further in the next few years.
It is a massive market and one which you should consider tapping into.
As you would expect, building a successful online shop requires a lot of hard work, therefore it may be several months before you start making a healthy monthly profit.
Prepare yourself by looking at how others have built successful shops and research what products to sell, who your competitors are and who your target audience is.
There are many great eCommerce shopping platforms available, but two I recommend looking further into are Shopify and WooCommerce.
Shopify is a hosted online shopping solution that retails from $29 per month. The service handles everything for shop owners and has a great selection of themes for online stores.
WooCommerce is a WordPress plugin that has grown to become the most popular eCommerce solution online. The plugin is free to download, however you will have to host your online store and possibly purchase additional plugins to extend functionality.
Like Shopify, there are a huge variety of WooCommerce themes on the market to help you market your products effectively.
Check out our Shopify vs. WordPress article to see which platform is right for you.
Business type: Product based
Startup costs (out of 5)
Last year, many worldwide trends experienced a decades’ worth of acceleration. One such trend was the rise of ecommerce. There are a number of ways to run an ecommerce business, some of which allow for minimal need to carry and hold lots of inventory.
Enter dropshipping. Dropshipping is a business model where you don’t keep the products you sell in stock. Instead, when a customer buys something from your store, a third party fulfills and ships the order for you. Because low startup costs are low, it’s an increasingly popular way to make money online for beginners and pros alike.
Dropshippers have a habit of chasing the latest trends. And while there’s nothing wrong with catching a trending product wave, know that there also are many product categories that are steady and offer similar opportunities to do well. At Shopify, we regularly see these categories in our list top performers:
Women’s clothing and accessories. Far and away the most popular category of products on Oberlo. There are a variety of interesting niches within this category, too, including dresses, accessories, intimates, hoodies, socks and hoseries, and rompers. Since these products have a large market, are purchased relatively frequently, and are successfully sold through great marketing, they’re consistently a top performer for dropshipping.
Jewelry. If you want to turn jewelry into a profitable small business, dropshipping is a good model to try. You can sell in a variety of categories, including fine jewelry, fashion or costume, and collectibles. Or sell jewelry made from different materials, like gems, wood, textile, or metals.
Home and garden. Home and garden is one of those dropshipping niches that seem to always be trendy. People are always looking to add personal touches to their space to make it feel warm and cozy, which can make this an exciting (and profitable) niche to sell in.
Beauty. The beauty and personal care market is projected to be worth $511.4 billion by the end of 2021. Beauty is a thriving industry fueled by younger generations entering the market and is strengthened by social media and ecommerce. You also have options in the beauty niche: you can sell cosmetics, skin care, personal care, hair care, fragrances, and more.
- Start a Blog
Blogging is one of the oldest methods for making money online. People who love writing tend to start blogs with a niche focus. For example, a blog about procrastination, cars, dropshipping, toys, etc., is often a narrow enough focus so you can build a loyal following, but big enough that you can cover a lot of ground.
You can start a blog on various platforms, from Shopify (remove the checkout feature, so you don’t have to pay a subscription as you build it out) to WordPress. When you start your blog, focus on very specific keywords with a tight focus and continue to expand into other but relevant categories as you grow and dominate new spaces. This will allow you to build a massive blog over time. Remember that design is also important for making a good first impression on visitors. Here are 20 blog design inspirations to help you launch your blog.
There are several ways to make money blogging. You can add affiliate links in your posts (don’t forget a disclaimer). You can monetize with AdSense by placing ads strategically on your website. Sponsored posts can help you make money from specific brands – this is popular among review bloggers. Bloggers can also sell digital or physical products on their website either (hint: you can add Oberlo products to your website). You can also use it to build authority so that you can eventually get speaking gigs, television deals, or big contracts from clients.
- Create an App
If you’re not a developer, you’re probably looking at this money-making idea and feeling a bit stuck. Fortunately, there is a way to have an app made that doesn’t involve any programming skills.
These days, marketers are using freelance platforms to find affordable developers to create apps for them.
When it comes to making money on your app, your best bet will be to add it to Google Play and the App Store. And while it may seem counterintuitive, having a free app can help you make more than a paid app. With a free app, you can add ads or premium features to help you make money. Since the free app will attract a higher volume of people, it’ll be easier for you to upsell them.
- Develop a Membership Website
If you have what it takes to run a successful blog, you have what it takes to build a good membership website.
Like blogging, the key to a successful membership website is good content, but whilst the vast majority of blogs are free to read, most content on membership websites is hidden behind a paywall.
It is wise, however, to offer some free content to users in order to showcase what a full membership offers.
A full membership may include detailed reviews, in-depth written and video tutorials, access to a knowledgeable support team or community, free eBooks, and more.
Successful membership websites tend to dripfeed content to members over time too. This is to stop people accessing all content immediately and then cancelling. In other words, you need to have a reason for people to hang around.
- Sell Your Services
Selling services from your website is one of the fastest ways to online money making.
There are two different approaches you can take:
Create an Educational Blog and Offer Your Services
Create a niche blog that contains useful information about a certain topic. Let’s say you have a blog about woodworking techniques, and you’ve built a decent sized email list and got a solid traffic number.
You can add a services page to your site where you offer woodworking lessons, whether in person or through mediums such as Skype.
Create a Basic Website and Pitch Your Services
The other method involves creating a WordPress website for the sole purpose of pitching your services to companies and individuals.
Let’s say you want to be a freelance writer. You need to pick a niche and build your website. Then, create a few pages telling people who you are, the services you provide and showcase a few examples of your work.
Then, start generating leads for your new service business by engaging in guest blogging, podcast interviews, or cold outreach.
If you’re looking to take your service-based business to new heights, then combining the two methods will give you great results.
- Create a Subscription Job Board
Job boards can be a rather profitable way to earn a living with your website.
The process is simple — people looking to hire someone in a specific niche will post a job listing on your site and your visitors will apply for the job.
The Balance Careers frontpage.
You can either charge people to post job listings. Or, you could charge your visitors a monthly membership fee to access the job board.
Keep in mind that you do need to have decent traffic in order for such a site to work. A company won’t pay to post a job on your site if you aren’t sending any qualified applicants their way.
For example, let’s look at the ProBlogger Job Board. Here, companies and individuals will pay a fee to post a job listing on the site. Then, it’s entirely free for anyone to access and apply for the job. Since ProBlogger is an authority site with a large audience, businesses who post a job will get hundreds of applications for each listing.
When creating a job board make sure you have a solid audience that has a synergy with companies in your space.
- Freelance services
Business type: Service based
Startup costs (out of 5 )
An increasingly popular home business idea is offering freelance services to clients online. Freelance writing, graphic design, data entry, digital marketing—almost every role an online business would hire for is viable as a freelance service. I myself have worked with writers, illustrators, and designers for years at Shopify, most of whom make their full-time living freelancing, not just doing it in their spare time.
Almost all of these services are best positioned toward business clients, for reasons similar to why business software is an attractive product: business clients are willing to spend. What most freelancers are quick to learn is that they have more leverage over the price they can charge when they position their work as outcomes instead of deliverables. Put another way, businesses hire freelance writers to create content that drives traffic and leads, not for wordsmithing. Sell clients on the outcome and prove it, where possible, through customer evidence like case studies and testimonials.
The other lesson freelancers pick up, sometimes through scar tissue, is the need to niche down when they’re getting started. Why would a company specifically hire you over the thousands of people offering very similar services? You aren’t making a manager’s job any easier by offering catch-all services, either. So be wary of the false appeal of solving for every customer. That’d be like a mechanic trying to expand her customer base by calling her shop “General Fix-It Emporium.”
A better approach is to focus on a recognizable pain point layered on top of an industry or niche. Even then, pitches like “Marketing Content for Tech Companies” are a little crowded—you might see even better results if you sell a more precise outcome or to a subset of a certain industry, like improving the sales pipeline for enterprise software companies.
The last thing to consider for these businesses is that they are a direct trade of time for money. You can make good money with a small selection of high-paying clients, but the moment you stop working, the cash flow dries up. You may be able to turn a freelance business into more of an agency, where hired help handles some client work. And for many business owners, the personal enjoyment they get from doing the work is a reason in itself to continue freelancing. But it’s worth noting that you’re not building much of a standalone asset, so you may eventually want to expand into another business model.
Idea in action
Elise Dopson Freelance Writer
Elise Dopson is a freelance writer for B2B SaaS companies. She’s been a freelance writer for three years and has been hired by huge SaaS companies like Hotjar, Databox, Hubspot, and Content Marketing Institute. But she wasn’t always the in-demand writer she is today.
Elise started a beauty blog in 2012, which made a small fortune in its time. She then landed a job at a local marketing agency, where she learned more about blog writing and SEO. This led her to quit, start her freelance writing business in 2017, and break the six-figure ceiling by the age of 21.
“Ever since I was a kid I loved to write,” Elise explains, “but it wasn’t until working at a marketing agency that I saw you could make real money online doing it. Offering freelance writing services has allowed me to travel freely (before COVID!), work from the comfort of my home, and be my own boss. If you have a passion for writing or designing or organizing stuff, turn it into a freelance service—you won’t be disappointed with the results.”
Today, Elise continues to write for enterprise brands and teaches other writers how to grow profitable freelance businesses in her membership community Peak Freelance.
How to make money from home in 2022
There’s no doubt there are fast ways to make extra money online, like taking surveys on Swagbucks or reselling used goods on eBay. But is that really how you want to invest your time?
As we head into 2021, the opportunities to earn money online without paying anything are only becoming more abundant—you could pick up freelance jobs, start a dropshipping store, create your own products, or promote other people’s products on a blog. It just takes a little know-how and determination to make it happen.
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