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How to Make Money Online in 2017

How to Make Money Online in 2017

According to Google, millions of people will search for how to make money online in 2017. Has the market been saturated? If not, where can you start, and what knowledge do you need? Here’s the answer.

There are endless opportunities to earn money on the internet. Thousands of new products and businesses will enter the market, and customers are constantly looking for solutions to their problems. That spells growing methods and ways to get paid and do what you love.

The best part of all is that virtually anyone can do it. If you have access to an internet connection (even at Starbucks) and a computer or mobile phone, you have pretty much every tool you need. Here’s why.

Trends are in your favor. Below, you’ll find a short description of different areas where you can start to earn money from home now. Many of them will allow you to generate a full-time income, and some provide more short-term benefits. They cover the gamut:

Employment. You can be your own boss and be self-employed. You will also find jobs online, based on your skills and willingness to learn. There are quick and free ways to generate cash, as well as opportunities to start a growing full-time career.

Business and investing. You can prosper online. There are thousands of people who started online with no knowledge or money and built successful companies and businesses.

We’ll reveal the top 7 ways to earn money online in this article. Some of them will surprise you, but we’ll cover the most obvious ones first. Let’s get started.

1. Online Surveys

This avenue is deceptively simple. Often, companies will give away products and even cash for valuable consumer information. But can you get paid for sharing your preferences?

Yes. In fact, this data is so useful and valuable to politicians that it can impact their entire campaigns. A single poll, which changes a single word or phrase in an advertisement, press release, or political speech, can mean massive profits. You can make money this way.

Taking online surveys won’t realistically give you massive amounts of monthly income. It’s something to consider. Attracting people who are willing to fill out a survey in exchange for a free offer is another way to get paid.

2. Become a YouTuber

YouTube’s content is as diverse as its audience. Videos are curated and suggested based on what a person likes to watch. In fact, it’s one of the reasons it’s been so successful.

It’s been estimated that 4 billion videos are viewed on YouTube daily! In short, there’s a huge opportunity there, and it continues to expand. Here are a few ways to make money online in 2017 as a content creator:

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Ad Revenue. You can choose to activate ads on your videos. Based on views, watch time, your subscribers, and other factors, your videos will generate ad revenue.

Sponsorship. As you know, businesses are constantly looking for effective ways to reach and expand their customer base. One way of doing this is to pay YouTube creators that align with what they offer for exposing their audience to a marketing message, product, or service. This adds to their brand awareness and provides a way for them to generate sales.

Finding and working with a sponsor may not be obvious. You could reach out to companies that sponsor similar channels to yours. Or, if you create content about board games, for example, reach out to board game companies and offer to create content based on their product.

GrapeVineLogic.com is an example of a “brokering” site that connects YouTubers to companies actively seeking to sponsor videos. LootCrate is a popular example of a company that sponsors a wide variety of creators on different platforms, from YouTube and Twitch to Facebook and Instagram.

Social Marketing Campaigns. Successful eCommerce startups, especially with people looking to work at home and make money online in 2017, integrate social media. YouTube is a prime example.

Let’s say you decide to sell portable jump starters. You could create a YouTube channel for that product line and use it to boost your store in the Google search engine. You could also generate sales this way.

While eCommerce is a much deeper subject that requires knowledge and hard work, it can be very lucrative. Millions of products are available right now, and the opportunity is ripe for the plucking.

3. Binary Options Trading

Yes, you can learn how to make money online in 2017. Investing via a binary options trading platform is a legitimate and effective method, provided you gain a little knowledge.

It also takes a different mindset. Binary options strategies are a unique way of investing money and seeing a return. Here are a couple of basic strategies:

(Triangular) Arbitrage. Warning: this refers to complex information. If it doesn’t make sense, don’t worry! It’s easier than it seems.

There are hundreds of worldwide currencies. Based on the economy and other factors, they change in value. For example, 100 Yen is not equal to 100 USD. Here’s the method:

Currency values change very rapidly. Triangular arbitrage is a big word meaning “to take advantage of incorrect exchange rates.”

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For example, the exchange market might report that 100 Yen is worth 75 US cents when it’s worth 90 cents. You then exchange 1000 USD for Yen and make an instant profit from the inaccurate exchange rate (1000 USD -> 133,333 Yen).

But if you traded it back to USD, you’d have the same amount that you started with, minus fees. Instead, you trade your Yen for euros. All other exchange rates are accurate. Therefore, you can trade back for USD (133,333 Yen -> 1,200 USD).

In this example, you just made $200 minus fees.

Investing in Currencies. This requires significant knowledge. While triangular arbitrage is much simpler, it also means scanning the market for opportunities and quick action. Here are some benefits of Strategy #2.

First is leverage. This applies to both strategies. In basic terms, money lenders will have better terms for binary options traders because it means little risk. The more money you invest, the higher your potential profit.

Second is control. It involves studying worldwide economies and elements that impact the rise or decline in currencies (industry, politics, technology, etc.). While making money online in 2017 with this method may take much more knowledge, you can start small.

If you do make some mistakes, you’re not likely to lose much money. The more consistent you are with your successful trades, the more profitable your trading career will be.

4. Affiliate Marketing

This is one of the easiest methods to build a business online. In simple terms, companies selling a product or service may create an affiliate program. Anything from network marketing opportunities to selling products on Amazon can be included. Here’s the gist.

Your job is basically to generate sales for one or more company. They’ll reward you with a commission based on the sales you make. The way you make sales is to direct the right traffic to your offer and convert as much as possible into sales.

Getting started is easier than it appears. Here are a few tools you to become aware of:

Articles. These are long-form texts that provide information and often a sales process to readers. Put a link to your social content and your affiliate sales page in your article to improve your search marketing (you’ll learn about that in the next way to earn money online in 2017).

You can submit an article to things called “article directories.”

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Article directories will expose your articles to different places on the internet. The benefit to this is sharing your links within them, and also getting people to read your article.

Blogs. These are short-form multimedia/weblog platforms. You can use them to complement your articles. You can also connect them to your social media content by linking and adding things like videos to your blog posts.

Social Media Content. Videos, tweets, Instagram posts, and other content is another way to direct links back to your sales page.

Research affiliate offers. It could be a website that provides how-to videos for a membership fee, or a crib mattress being sold on Amazon.com, for example. Look through their affiliate programs and compare their terms.

Research your market. This is an in-depth and dynamic field. Very valid information can be found online. But the basics are to study the demand, competition, pricing, and other factors for each product or service. Then, join an affiliate offer.

5. General Online Marketing

As you know, there are various ways to market online. In the following sections, we’ll discuss blogging and email marketing, and more ways to make money online in 2017. For now, just know this general overview:

Search Marketing. This is where you use search engines (like Google) to promote a website page. The more positive exposure Google gets from your page, the greater profit you can make. Here’s why.

Many people search Google with intent to buy something. Essentially, you’re focusing on those people who are looking to make a purchase, and not just for information.

When someone types in a particular keyword, your page should show up in first place for best results. This is where articles, blogs, and social media content comes in handy.

Social Marketing. This involves blogs and other social media platforms, like YouTube, Twitter, Instagram, Facebook, and others. Like search marketing, you want your content to be first in front, based on what they’re looking for.

In short, this serves those who are looking for information. It can help generate sales and bring your website page (search marketing) closer to first place on Google.

6. Email Marketing

You can sell products to people on something called an “email list.” This means a list of emails that you’ve collected from people who are interested in buying a type of product or service. Here’s an easy example.

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Let’s say you run a gardening information site. You can ask people for their email addresses and promise to deliver a free piece of content that they’ll love. Later on, you can offer them gardening products. They’ll be more likely to buy than emails collected from a site about baking cookies and pies.

You can also expose your email list to another person’s offer. In exchange for every click on their offer, each sale made, or even an up-front commission, another business will pay you for this privilege.

In fact, successful eCommerce businesses use email marketing on a regular basis to keep their existing customers informed and exposed to their products and services.

7. Freelancing

If you’re looking for how to make money online in 2017, but you have no money or knowledge, this is a perfect place to start. Here’s why.

You’ll learn as you earn. For example, you can work as a writer and provide people with articles, sales scripts, and more advanced forms of writing. Based on your sales ability and other skills, your ability to gain knowledge and earn money is virtually endless.

In addition, you’ll work directly with experts at making a living on the internet. You can start at the bottom and work your way up. You’ll be exposed to other successful business owners and freelancers.

Here are a few more ways to make money by freelancing:

  • Proofreading and editing.
  • Being a professional voice actor.
  • Creating video content.
  • Managing website analytics.
  • Market research.
  • Providing Search Engine Optimization (SEO) Services for websites and web pages.
  • Website design.
  • Programming and software review.
  • Customer service (telecommunication).
  • Legal/Accounting Services.

There are virtually infinite options. You could join online marketing forums and see which problems marketers want to be solved. Check out freelancing sites and look at the various skills that people are hiring for on the internet.

Do you have a college or university degree? You could tutor students online via Skype and market your service via the methods we’ve revealed. Taking a step back to really look at the skills you already have to offer can lead you to even more opportunities.

At the end of the day, learning how to make money online in 2017 is a matter of discovering what you’d love to do and how it could solve the problems of others.

Featured photo credit: money/https://picjumbo.com/euro-coins-close-up via picjumbo.com

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Last Updated on April 3, 2019

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider Consolidating Multiple Credit Cards If Possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to Pay the Full Balance You Spent Each Month at the Very Least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay Extra When You Can – Every Small Amount Counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a Plan on How to Pay Extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out Costs for Services You Do Not Use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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6. Get Aggressive About It

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate Your Progress at Set Intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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Finally (and most importantly)…

8. Keep Trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start Knocking out Your Debt Today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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Featured photo credit: Pexels via pexels.com

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