If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Then there are those who are just lucky. Back in college, I had a friend who convinced me to get into investing in the stock market. They had put $1,800 into a penny stock and from one day to the next, it increased in value (luckily) from $1,800 to $25,000. When I heard about that, I could not believe my ears. I decided to take $4,800 of my tuition money and invested into stock. I remember the value of my stock fluctuating between $4,200 and $5,400 a few times.
I fell for the hype a few times before. I got into High Yield Investment Projects in the past. I was excited because I could earn anywhere between 40 and 90% return in just one month. It was an awesome dream and I bought into it – so much so that I took half of my wedding money and invested it into that “sure thing”. Needless to say, I did not spend as much on my wedding as I thought I would.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
Thanks for the comments. Ironically, this post showed up in my RSS about 10 minutes after I asked myself why I was not getting the conversions I expected. If nothing else, it was encouraging. I get several thousand hits to my blog each year. My problem is that I get hits from all over the nation and my industry (health insurance) requires a state license. I can only offer general advice to people in Califonia. In order for me to earn any money, my prospects have to live in one of the states in which I am licensed and have a competitive product. I have tried advertising on Facebook for hits in my state but have been underwhelmed. I need more state specific hits. Does Google advertising work or would you have another idea for building state specific readership.
Now this one is unique and different. What you need to do is to follow others, follow successful people, their journeys, read online case studies of different people, search for different working methods for earning money online and just replicate them. People are doing this for years and you can do the same. Just copy their strategy, add your twist in it and start doing it.
But, here's some advice. Don't look for the path of least resistance. And if something sounds too good to be true, it usually is. Sorry to break it to you. All of these online gurus have a bit of a leg-up on you. They've been around the so-called block and they've collected and built a following as a result. When you have that, gaining traction on an offer is much easier.
Then, in 2010, I was talking to this one guy about fetish stuff. He was into being made to do low, pathetic things. He was getting so hot and he typed, "Princess, please make me pay you." I had read about financial domination online, so I knew what was about to happen. In my head, it was like, Ding, ding, ding; this is it. I told him to send me $2,000. I didn’t know if he would really do it. But he did, and the next day I picked up my cash at Western Union. I made a conscious effort not to thank him for sending it. I said, “I received the money, whore. Now get down on your knees.”
One thing I would mention is that one of my mentors told me recently that jumping from project to project is a terrible thing to do and will ensure that you aren’t able to dominate any one niche and make as much as you can. Focus is definitely needed if you are going to be successful online. Perfect one thing and then move on to the next – That’s what I would say.
Taking surveys online can be a great way to make some extra money while watching TV or just killing time. While I don’t personally think it’s possible to replace your full-time income with money you make from surveys, it’s very possible to make a few extra hundred bucks every couple of months. And since it can be done in your spare time or while watching television, why not?!
Online selling is a process of selling goods and services online. When it comes to selling services, people most look at the freelancing services to create their provide and start offering their services. The problem is that it should be not labeled to the certain type of online money making method. Online selling could be anywhere, and hence, it could be anything someone wants to sell and buyers approach them to buy it.