31st Jul2018

Five Ways to Make Money Online: How to Unlock the Virtual Treasure Chest

by James Smith

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The internet has changed the world. From the time Tim Berners-Lee posited the idea of a world wide web of connected computers to today, the world around us is not what it once was. For all the problems there may be with the online sphere, it’s become an integral part of our lives. Whether it’s the way we communicate to how we entertain ourselves, the internet is at the centre of everything.

In fact, if you look beyond the likes of Facebook, Google and YouTube, the stats prove that we’re now more connected than ever. In 2005, Statista’s data shows that approximately 1 billion people were classed as “internet users”. A decade later, that figure has increased to 3.1 billion. Today, with the number topping 3.5 billion, it’s hard to escape the grip of the online arena.

For those with a money-making mindset, this infiltration into our everyday lives has been fantastic. Regardless of your talents, budget or interests, the internet has become a financial goldmine. Naturally, without a little bit of hard work and good fortune, you’re not going to make a fortune. However, if you’re dedicated and have some skills, all the virtual tools are there for you to be successful online. With this being the case, we’ve outlined five ways you can use the internet to make some money.

Become a Social Media Star

Okay, so you might not be The Rock, but it is possible to make money through social media channels such as Instagram and YouTube. According to reports, the former WWE star was paid $1 million per post on Instagram, Facebook and Twitter to promote his new movie. With 104 million followers across the three platforms, the Hollywood icon is now able to charge astronomical amounts just to write a couple of sentences.

Getting to this level will be almost impossible unless you do something extraordinary. However, the story of Dwayne “The Rock” Johnson is an example of what’s possible. To earn money via social media, you need a following. This means posting content on a regular basis, interacting with other posters and commenting on profiles as much as possible. Add to this a dose of originality and a stream of entertainment and you’ve got the potential to earn from the social media sphere.

Start an Online Business

Sure, it’s easy to say, “start a business”, but today it’s easier than ever. At the lowest end of the spectrum, an online business could be something as simple as selling stuff on eBay. However, if you really put your mind to it, the internet offers a myriad of business opportunities. Let’s say you’re a candle maker, all you need to reach an international audience is a website, a payment processor (i.e. PayPal) and a distribution service (FedEx etc). With just a few things, you can get your products out to the masses.

What if you’re a personal trainer? Simple: you run online courses that feature written guides, video tutorials and video conferences with clients. Basically, whatever your craft, the internet is a medium that allows you to reach the masses in a variety of ways.

Play Games for Money

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If someone told the younger version of you that it would one day be possible to make money from playing games at home, you’d have called them crazy. Well, today, it’s a reality. Thanks to the iGaming industry, you can now play online casino games via your desktop or mobile. Essentially a virtual Las Vegas, the online casino scene offers a wealth of opportunities for players of all skill levels. In fact, for those that play online casino for real money, the top sites are designed to serve and protect. This means your account is protected by the latest online security, regulators ensure everything is fair and the games are varied enough to satisfy the needs of all players. What’s more, there are things known as bonuses. Basically, when you sign-up and play, you’ll receive extra cash as a reward.

Share Your Views

If you’re opinionated and want to make some pocket change, online surveys are perfect. With companies desperate to know what consumers think about their product, they’re willing to pay for your opinions. Naturally, these payments are fairly small. However, the average survey takes a few minutes to complete. What’s more, you can fill in multiple feedback forms at once. Again, this won’t make you rich, but there is money out there to be had. Moreover, there are sites out there that can help. Known as survey hubs, these sites collate all the latest offers and provide quick links to the forms. This means you don’t have to search for offers and, in turn, improves your hourly earn rate.

Go Crypto

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The final way to make money online is to invest in cryptocurrencies. Although the market isn’t as buoyant as it was in 2017, Bitcoin and its peers are still seen as solid investment opportunities. In practice, it’s not a good idea to throw your money at a cryptocurrency and hope it will earn you a profit. Unfortunately, because the market has become popular in recent years, there’s a lot of hype and misinformation out there. However, if you can cut through the bluster and educate yourself on the nuances of the industry, it’s certainly possible to make money from cryptos. Indeed, when you consider that Bitcoin’s value rose from around $1,000 at the start of 2017 to almost $20,000 by the end of it, it’s easy to see why everyone now wants a piece of the action.
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As we’ve said, the internet isn’t a guaranteed revenue maker. However, there’s no doubt it’s a well of opportunity for the dedicated and creative. Even if you don’t use any of our suggestions, there are still ways to earn money online. With a little bit of thought and some technical know-how, the virtual world can be your proverbial oyster.
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