Best ways to earn money online in 2023

April 13, 2023 AlexMusk

Are you looking to receive extra income from home to pay some bills or replace your current job? Whatever your motivation, there are many good options to earn money online.

However, without some guidance, finding the right option could be a bit tricky as there are many scams and illegal methods out there that promise the wrong thing.

Therefore, we have created this guide to guide you in the best ideas on how to earn money online with real ways. Let’s look at them in detail, but first let’s review a basic difference between the different types of income.

How to make money online – Video

Watch this video tutorial on the top 7 methods to make money online.

Active income vs passive income

Depending on the activity you choose or consider for your online business , there are two ways in which you can earn money: with active or passive income. Let’s see their differences:

Active income : it is the income that you receive after carrying out an activity such as selling your services on the internet. When you create a design, write a blog post , or develop a website for a client, you’ll get paid for the work and time you put into it. In this model, when you don’t work, you don’t receive income.
Passive income : they are those that are generated continuously after having carried out an initial action, but that do not require your time or dedication to continue receiving it. Some examples can be creating an online course, doing affiliate marketing or monetizing a website with advertising.

Here we present you with more than 35 different ways to earn money online with active and passive income that really work. Some involve building your own website, but you’ll also find methods that are used by existing platform audiences. Let’s get to it!

10 best ways to earn money online

As the ways you name are numerous, we have made a selection of the 10 best ways to earn money online.

Earn money with a blog . Create a blog on a topic that you are passionate about and monetize it.
Affiliate Marketing . Recommend products online.
Create an online store . Sell products on an eCommerce site .
Create an online course . Share your knowledge on the Internet.
Sell ad space . Offer advertising on your website.
Sell your professional services . Create a website to offer your services online.
Create a YouTube channel . Create video content and take advantage of the YouTube advertising system.
Carry out translations . Offer your translation services on online platforms.
Create a dropshipping store . Sell products using third-party vendors.
Be a virtual assistant . Increase your income by working as a virtual assistant.

Read on to learn how to use these methods to your advantage.

Earn money with a blog

Blogs are a great way to earn a source of income for passionate writers. Many people create a blog as a way to express their views or as a creative activity.

You can create a blog on any topic, such as travel , food , or books. Searching for some of the most popular blogging ideas can help you find a profitable niche.

Remember that it is important to have a long-term vision. You won’t make money right away, but as your writing improves, your skills grow, and your site gets more traffic, it’s a real possibility.

Some common ways to make money from a blog are advertising, affiliate marketing, branding, and selling products.

To have a profitable blog, it is essential to find a niche and build an audience by being consistent with posting content.

Affiliate Marketing

An affiliate site is based on recommending or reviewing certain products. Then, when a reader buys that product through your link, you will receive a commission.

Although it may not seem like a huge income generator, there are multi-million dollar sites based on affiliate income alone.

For example, Wirecutter was so profitable that the New York Times bought the site for $30 million. There’s also Lucieslist , a site about baby product reviews, and Outdoorgearlab , a site about outdoor gear reviews.

To start your own affiliate marketing website, join an affiliate program that fits your site’s niche. For example, if you have a blog dedicated to computers and technologies, you can become a Hostinger affiliate . You can also join an affiliate network that offers a wide number of programs like the MyLead affiliate network .

Let’s take Bitcatcha as an example. This website writes reviews about hosting services, VPN tools , and site builders. Every time they mention a product, they include an affiliate link in the post.

After signing up for the Hostinger Affiliate Program, you will get access to the affiliate dashboard where you can keep track of all your campaigns. Then, use the marketing materials provided, such as banners, eBooks, and infographics, to increase sales.

While Hostinger’s cheap plans help ensure a high conversion rate, there’s always room to maximize your profit. For that reason, it is possible to ask your account manager for suggestions and advice. We will be happy to help you. You can also check out our guide on affiliate marketing mistakes to avoid .

Create an online store

eCommerce sites have been exploding in popularity in recent years. With the prevalence of platforms like WordPress and WooCommerce , creating an eCommerce site couldn’t be easier.

If you prefer to deal with physical products and sell something tangible, then opening an eCommerce store might be a good option.

There are two different methods for running successful online stores :

Create and sell a niche physical product to a specific group of buyers.
Buy cheaper products made in foreign countries, repackage them, and sell them at a profit.

The first approach can be very successful, but it requires a passion for the product and a willingness to do a lot of research, product development, and testing.

However, the massive success of stores like SkinnyMe Tea , BeardBrand , and Ratio Coffee prove that you can achieve high levels of success with your eCommerce store.

If the first approach seems a bit risky for your first online business, then you might consider the second option of reselling popular products brought in from abroad. This method involves sourcing a popular product from a platform like AliExpress , repackaging the product, and selling it through your own store.

In addition to selling the right products, you also have to think about how you are going to ship your products. You can personally take care of the shipment and dispatch of orders. Or, you can use a popular method called dropshipping , where the manufacturer takes care of the shipping.

Create an online course

The global eLearning market is projected to reach $336.98 billion by 2026. If you excel in a particular subject and enjoy creating learning materials, now is an excellent time to enter the online course market.

Digital courses come in different formats, from simple PDF downloads to videos. Among the most popular topics for online courses are computer skills, health and wellness, business and entrepreneurship, finance and investing, and personal development.

There are two main ways to make money online by selling digital courses: join an eLearning platform or create your own online course . The former is easier to do, but the latter offers more opportunities to experiment with different formats and monetization methods.

You can create an eLearning website with a WordPress LMS plugin. You can then sell the online courses as digital products or create a membership system to maintain them as paid content.

If you want to test a few platforms before building an eLearning site, consider the following:

udemy . It offers courses, quizzes, programming exercises and discussion forums on various topics.
Skillshare . Great for selling courses on digital art and creative skills.

Sell ad space

We’ve all seen sites that use advertising on all of their content. Sometimes the ads are intrusive, but other times they integrate naturally with the content.

Monetizing your site through advertising is generally reserved for when your site receives a high volume of traffic. But, if your traffic volume is high and continues to grow, then this option might be worth it.

The amount you’ll be paid will depend on the network, but generally you’ll be paid based on the number of impressions or clicks.

There are many different ad networks to choose from. Google Adsense is probably the best known network. With Google AdSense, you submit your application and once it’s approved, you can start adding ads to your site. Usually the payout for Adsense ads will not be great unless your traffic is millions of visitors per month.

There are other ad networks like Ezoic and Media.net . Both have an approval process and site evaluation. These networks also have the advantage of working with you to optimize your ad revenue.

If you don’t want to work with an ad network, you also have the ability to sell advertising directly. If you have a niche audience, this can be quite a lucrative option. Let’s say you have a site dedicated to sleep improvement. Instead of using one of the ad networks above, you could sell ad space to large mattress companies .

Another option to earn money online with your website is to create sponsored content. This is where a company will pay you to create sponsored content and you will publish the content on your site. Sites like Buzzfeed and Millo have opted for this alternative.

Sell your professional services

Selling services from your website is one of the fastest ways to earn quick money without investing large amounts of money.

There are two different approaches to selling your services:

Create an educational blog and offer your services

Create a niche blog that contains useful information on a certain topic. Let’s say you have a blog on holistic wellness, and have built a decent sized email list, or have solid traffic volume.

You can add a services page to your site where you offer health coaching, either in person or through means such as Skype .

Create a basic website and promote your services

The other method is to create a WordPress website for the sole purpose of offering your services to businesses and individuals.

Let’s say you want to be a freelance writer. You choose a niche and create your website. Then, you create some pages that tell people who you are, the services you provide, and show some examples of your work.

Then, you start generating leads for your new service business by doing things like guest blogging, podcast interviews, or cold messaging.

If you are looking to take your service-based business to new heights, then combining the two methods will give you great results.

Create a YouTube channel

YouTube is one of the largest search engines in the world. But instead of searching websites, people are looking for videos that are entertaining, funny, or informative.

You can monetize your YouTube channel using its advertising system or by sending your visitors to a website that you have monetized in another way.

Creating a YouTube channel is similar to creating a website, except you’re creating videos, not written content.

If you are comfortable in front of a camera and want to try your hand at creating videos, then you will need to define the theme of your channel. Typically, there are two types of YouTube channels (at least the successful ones):

entertaining content. This style includes things like web series, comedy videos, pranks, reviews, video games, and much more.
educational content. This style is more oriented to ‘ how to ‘ phrases . If you have useful skills or information that you want to convey through video, then this is a legitimate option for you.

When you’ve decided what kind of channel you’re going to start, it’s time to start creating. First, you will need to create a YouTube channel and come up with a catchy name. Then keep the following tips in mind:

Use a high-quality camera to record your videos;
Experiment with different styles, formats, and editing techniques until you find one that starts to work for you;
Optimize your video titles, descriptions, and images to get people to click;
Create a video posting schedule, so followers know when to expect your content.
Carry out translations

If you know more than one language and have good language skills, you can choose to offer your content translation services as a method to earn money online. Since this type of work is done on a freelance basis, you can choose clients, set your own hours, and determine your rate.

Once you’ve figured out which languages you’d like to translate, create a professional profile on one of the freelance websites like Upwork or Fiverr and start looking for jobs. You can also create your own offers with your services to appear in the search for potential clients.

One strategy that you can implement is to promote your ads on social networks, to increase reach and attract more customers. When you accept projects, try to deliver quality translations in a timely manner to get good grades and increase your chances of getting more work. Also, make sure your pricing structure accommodates the time and effort required to complete each project.

Keep in mind that the field of translation is highly competitive, so it is important to have outstanding skills and a good knowledge of the languages you speak. It is also essential to keep up with the language norms that are often constantly changing.

Create a dropshipping store

Dropshipping is a B2C business model in which people sell products through an online store with a third-party vendor processing and fulfilling the order.

It’s an easier alternative to running a standard eCommerce store, as a dropshipping store doesn’t involve the hassle of dealing with inventory and shipping.

Setting up a dropshipping store is similar to setting up a typical online store and involves choosing a niche and platform to sell to. The difference is that you have to find the perfect supplier, since this decision can determine the success or failure of the business.

Be a virtual assistant

If you’re great at planning and organizing, then becoming a virtual assistant might work for you. A virtual assistant could be responsible for a wide range of tasks. For example, you could do general accounting, data entry, email management, research, and much more.

Becoming a virtual assistant can be a great way to not only increase your income, but also network with important people. Not only that, but the market and the demand for virtual assistants are experiencing rapid growth.

Many business owners turn to virtual assistants, rather than hire a full-time staff member.

You can find jobs for virtual assistants on sites like Fiverr , Upwork , and Remote.co .