HOW TO MAKE MONEY ONLINE IN 2024 - How I Make $11k Per Week

TL;DR

Learn different methods to make money online, such as building newsletter-based businesses, blogging, promoting software, selling physical products, selling digital products, using YouTube AdSense, and building Instagram pages.

Transcript

so one of the most common questions that I get asked on this channel all the time is Sam what exactly is the best way to make money online over the next year and the best way that I can answer that is by going through all of the different ways that I'm personally making money online right now as we speak and all of these different methods that I'm ... Read More

Key Insights

• 👨‍💼 Building newsletter-based businesses can provide a consistent source of income by delivering valuable content and making product recommendations.
• 🤑 Blogging allows you to earn money through Google AdSense and other advertising methods while sharing your knowledge and expertise.
• 💨 Promoting other company software can be a lucrative way to earn commissions without the need to develop your own products.
• 😀 E-commerce provides the opportunity to sell physical products and leveraging platforms like Amazon or Shopify can boost your sales.
• ✋ Creating and selling digital products offers high-profit margins and the ability to generate passive income.
• 🫠 YouTube AdSense enables content creators to earn money from ads displayed on their videos, and building a substantial audience is vital.
• 😛 Instagram pages can be monetized through various methods, such as shout outs, sponsorships, and promoting products to a targeted audience.

Questions & Answers

Q: How can I monetize a newsletter-based business?

To monetize a newsletter-based business, you can recommend products or services to your subscribers that you believe would be suitable for them. You can also offer paid subscriptions or advertising opportunities to generate income.

Q: What is a key tip for success in e-commerce?

It is advisable to start with one platform, such as Amazon, eBay, or Shopify, and focus on building a successful business on that platform before expanding to others. Additionally, thorough product research and creating an appealing brand presence are essential for success.

Q: How can I earn income from a YouTube channel?

To earn income from a YouTube channel, you need to meet certain criteria, such as reaching 3,000 watch hours and 500 subscribers. Once you meet the requirements, you can enable YouTube AdSense to earn money from ads displayed on your videos.

Q: How can I monetize an Instagram page?

You can monetize an Instagram page by offering shout outs to other accounts, doing sponsored posts, selling digital products, or promoting products as an affiliate. Building a large and engaged following is crucial for attracting potential advertisers and customers.

Summary & Key Takeaways

• Building newsletter-based businesses involves getting people to sign up for your newsletter and monetizing it through product recommendations or fee-based subscriptions.

• Blogging allows you to earn income through Google AdSense and other methods by creating compelling content on your blog.

• Promoting other company software enables you to earn commissions by recommending software products to your audience.

• Selling physical products online, also known as e-commerce, involves finding popular products and branding your business around them.

• Selling digital products like online courses and ebooks provides high-profit margins and the opportunity for passive income.

• YouTube channels can generate income through YouTube AdSense by creating valuable videos and attracting a substantial number of subscribers and watch hours.

• Building Instagram pages allows you to target specific niches and monetize your following through shout outs, sponsorships, and product promotions.