3 Ways To Make Money Online In 2024

Introduction

Making money online is a trend nowadays. Just take a look at the thousands of videos and articles (including this one) figuring on the subject of « making money online ».

Making money online is easy, accessible, and it can be quick. In other words, it’s a perfect formula to water the mouth of thousands of people, so they buy make money online courses and books and watch videos about it, etc.

In other words, the "make money online industry", profits from teaching people how to make money online. Very few actually have successful drop shipping business for example, but a lot more are successful by making videos about how to launch your own drop shipping business.

And so, here, I’ll tell you 3 tangible ways you can make money online. It’s not necessarily about drop shipping or e-commerce or agencies or whatever. We’ll go straight to the point, and we’re going to make it easy to understand. Here are three ways to make money online you can start now.

The first way to make money online is to become an influencer. As hard as it may sound, nothing worth achieving in life is easy. Building a following enables you to have a customer base for selling your products, which means, if you’re an influencer, you can easily make money by selling low-cost products.

For example, if I’m a fitness influencer with 2 million followers, and I sell a product for 5 euros, this means I can gain as much as 10 million euros in profit.

Now sure, building a following of 2 million followers takes a lot of time, effort, work, and luck, as social-media also has its fair share of luck with its algorithms. However, even with a smaller audience, you can start selling expensive products. You can start selling 100’s of euros worth of courses to your 2k followers audience. It’s possible.

What I’m saying here is that building a small following and then selling to this following your products is a good way to get automatically a customer base. And, if you helped them with your video, you know these customers have some sort of fidelity toward you.

But what type of content you should be making? Well, this question is very important. Let’s say for example you’re creating baby shark YouTube shorts. In this case, your audience is between 5 and 10 years old, so not only are you not going to get much sales despite your views, but you’re also going to have to sell products in accordance with your content.

You can’t make a sort of Mr Beast type of YouTube channel and then sell self-development books. It’s incoherent. And, since you’re on this website about self-improvement, I imagine that the type of content you want to create revolves around self-improvement.

So, the ideal path would be to create a self-improvement product to sell to your audience. And, your videos should be high-quality videos that are very informational with actionable steps about self-improvement or specific parts of it (business, relationships, reading, meditating, fitness, etc).

Also, it’s important to assess that you don’t necessarily need your face to build an audience. Some content creators, like Alex Hormozi, are so rich that they do not care that other people make profits from their videos, so you can make YouTube shorts about Alex Hormozi with no copyright, and you’ll easily get views (got 2,5k views on a short in the first 2 weeks of my channel creation). You can also repost content from Hamza Ahmed and Chris Williamson. If you build a following from YouTube shorts, you’ll still be able to sell your products whilst reaching a wider audience since you’re using the face of someone who’s already famous.

Just know that if your audience is big enough (around 2 million) and you get therefore a lot of views, you can make 10k+ a month in profit from YouTube only from the publicities. In this way, even if you do not sell any products, you still make profits on YouTube. Speaking about products, let’s move on to the second way to gain money online.

The second way to gain money online is to sell a product. This product can be a course, an online community, or a book. These three products are the ones that work the most online.

An ebook is great but the chance that you become a known author out of publishing on Amazon is thin, even if it’s possible. If I was you, I would rather focus on building a following (the first method) and then building a course or selling an online community.

Now, if your ebook or book is sold with a known publisher such as Penguin House and you can get copies around the world then yes, go for it. However, getting a deal with them and buying their copyright protection is enough of a risk to filter out the waste majority of potential authors.

In other words, if you want to sell an ebook, you can post it on Amazon (and make a ton of profits), but the best way is to sell it through a publisher such as Penguin House, as it bespeaks authority and fame. In this way, you can get your book to sell even outside of the Amazon platform and you get much more customers.

As for building a course, it’s a great idea but you also need some sort of following before. Building a website or a YouTube channel to get the following (or both like us at Always Improving) is a good idea.

Finally, the online community is probably the best option as it can be sold for high prices and generally it’s one of the best, or even THE BEST online business model of the year. The proof is, Skool, a company that enables people to create their own online communities, exploded since the past year, with the rise of many content creators creating their own online communities that often have high tickets (100, 200, 300, 400, 500 euros to enter the community!)

Let’s move on to the third and final way to make money online, and it’s to… sell your services. Platforms such as Fiverr for example are great for freelancing (selling your services online).

One of the best way to freelance is to be a life coach or fitness coach online. For example, selling online consultations is a great way to start. Making online calls with people who buy you to help them solve their problems and meet their goals in the fitness, business, or self-improvement world can prove to be profitable and fun.

On top of that, depending on the market you choose, you can really get your prices up. Some people sell 50 dollars an hour, or even more, for their services.

And, if your passion for example is creating musical beats using your piano, you can sell this on Fiverr. 15 euros per musical beat. On top of that, compared to an online community or a social media community where you might always be solicited (to post new videos, etc), Fiverr enables you to decide when to work (wether you accept a customer proposition or not) and therefore, it enables you to practice freelancing (selling your services online) after work, which makes it much more sustainable.

An online community might be great, but you might be inactive on it if you have other priorities in your life going on at the moment. On the contrary, freelancing enables you to accept your customers demands whenever you want, and it enables you to therefore work, whenever you want.

Conclusion

To conclude, I hope this article was of help to you, and I would like to thank you for reading. Remember that in any business model you choose, you will have to work hard, be resilient, and never give up if you want it to work. There is no one perfect business model. There is only hard work and consistency.

As always, I’ll see you next time. Bye.

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