6 Easy Ways to Make Money Online in 2021
Make Passive Income Online in 2021
How to make passive income online? What does it mean to create passive income online? It means you earn money while you are not at work, but enjoy a holiday paradise in an exotic country. Sounds fun, right?
Start Making Youtube Videos
Making videos for YouTube is a fast-growing sport. Nowadays, you can film from anywhere with high-quality cameras even on your phone. And the videos you make can really be about anything. Think of makeup, sports, crypto, and someone’s daily life (vlogging or keeping an internet diary).
The possibilities are endless!
You will spend a lot of time making videos, especially when they are still subject to editing. When finished, however, they can create passive income online for a long time. You will earn with “Google Adsense” ads that are displayed on your videos.
You get paid every time someone looks at or clicks on this ad. The price per view is low, we are not talking about crazy money here, but if you have many views, it is becoming a bigger stream of income, especially when you create content daily.
Big Youtube stars, whose videos get hundreds of thousands of views every day, are making a full-time income just from Youtube.
Sell your photos to the Internet
Do you like photography? If so, you may be able to generate a nice source of passive income with your photos. You can post photos taken on so-called stock photo websites, such as Shutterstock or iStockphoto. This way, you will receive a fixed amount or percentage for every customer who buys your photos through that website.
If you make a nice portfolio, you can earn a great deal of money through it. Posting your photos is not difficult. The complete process is fully automatic. And the great thing is… every photo you take can be sold again and again and generate compound revenue. Ideal, right?
Keep in mind that your photos have to be really good and of high quality. It is smart to look at what is already in high demand. So make them slightly with a commercial slant; this works best 9 times out of 10!
Adopt a blog that already exists
Are you able to get an existing blog for a good price? Then you can also earn a very nice passive income with this blog. Blogs are being created all the time, but not all of these blogs are used to their full potential.
So make smart use of this idea.
You can do this with Google Adsense and affiliate marketing. Blogs with a lot of authority and monthly traffic are ideal for this. In financial terms, you should keep about 24 times the monthly income of the blog’s price. If the income is $300 per month (preferably consistent for several years), then you have a price of $7200. It is, of course, better if you can manage for less.
Pay attention to whether it is really a nice blog, or whether the owner wants to get rid of it for another reason. Savvy affiliate marketers make $10k from their websites, so there is definitely some room for making money!
Start an e-shop
Starting an e-shop is also a good idea, where your own products are not necessarily required. Starting an e-shop in a niche where your passion lies – makes it more fun and profitable. You can start small… and when everything goes well, expand your range with more related products.
You have to do a lot of work for it, but you will generate more and more passive income.
However, don’t want to be occupied with your shop, all the time? Then you can automate a number of processes. For example, you can opt for dropshipping, where products go directly from the manufacturer or wholesaler to your customers. You can also place the storage of products at Amazon or ShareASale and have the complete fulfillment arranged by these parties. This saves you time, and you also get a lot of “exposure” for your products.
Plenty of features that may take some time in the beginning, will create passive income online later on autopilot!
Create an app
You can also start building an app. Yes, I know it’s not for everyone, but it’s not THAT hard. You have to ask yourself a number of questions.
- What do you want your app to do?
- How do you make the app attractive to users?
- What problem do you solve with it?
- How do users’ lives become simpler with your app?
- And how are you going to market your app?
Of course, many developers want to release an app, so really stands out.
It starts with a good idea, but then you also have to spend time developing it. Your app can be complex, but also super simple. Think of some games that literally don’t make sense, but have a great playtime. With the addition of advertisements, you can earn a lot of passive income with apps.
You can buy under-developed apps for a very low price, which will add up with massive use. This way, you can earn money for years with the 1 made app.
Google Adsense
Google Adsense really is one of the simplest ways to create passive income online. You place advertisements on your website or blog and don’t have to do anything about it.
The income is generated every time when visitors click on your ads.
Although you only earn a few cents per click, it can add up when you get a lot of visitors. The percentage that clicks on it every day can thus lead from nice pocket money to a whole monthly income.
So it works best when you have a website that is well visited. It can also help to take over an existing website. You can also combine Adsense very well with, for example, affiliate marketing or other revenue models. This way, you build up more and more income with one website.
What are the best spots for Google Adsense?
Pay attention to where you place the ads. The best locations for this on your website are
- inside the content
- in the header
- and the sidebar’s left side
Also, make sure you use the recommended dimensions that Google uses. And use ads with images, but also with text only. According to measurements, that combination yields the most!
Make money with things you already do
You can earn money with things you already do. This includes reading emails, shopping online, and searching the internet.
Of course, it does not bring in much, compared to the other ways mentioned. But it is a method to earn something extra, for which you do not have to do anything extra.
However, we recommend going other ways.
