How to make money online: 10 formulas that work in 2023

 How to make money online: 10 formulas that work in 2023

So you want to make money online?

You have probably already found a lot of bloggers who explain how to do it. And most of them are probably not making a single euro (avoid anyone who tells you to fill out surveys or click on ads to generate income).

Not to mention those who only make money selling courses where they teach how to make money. Paradoxical, right?

Is not my style. I've been living off the Internet for a while, generating thousands of euros and learning the ins and outs of online business.

In this article, I am going to reveal the 10 best ways to earn money on the Internet for its economic potential, simplicity, and ability to generate income in a stable way. And since I want to be totally transparent with you, I will also show you my own results.

I remind you that here you will not find high-risk or ridiculous income systems such as filling out online surveys or playing poker. If you want to make real money, you will have to work for it.

How to make money online: 10 formulas that work?

Let's now see the best ways to earn money online for their economic potential, simplicity, and reliability, and the results I have achieved with them.

1. Make money with affiliate marketing

This is the system with which I earned my first euros, and in my opinion, it is one of the most affordable ways for any beginner who wants to generate passive income.

It hardly requires knowledge, the investment is almost nil and its income potential is very high. In addition, once assembled you can practically forget about it: only minimal maintenance will be necessary.

Affiliate marketing consists of creating a website where you will publish product analysis and recommendations. In these analyzes, you will put links to other web pages where the product is sold. If you end up buying it, the seller will give you a commission for having referred a customer.

Logically, you must first have reached an agreement with those web pages. Luckily, today there are affiliate platforms (the best known is Amazon Affiliates) where you only have to register to be part of that agreement.

2. Create a website and monetize it with AdSense

Another of the best ways to passively earn money online is by monetizing web pages with advertising.

The concept is similar to that of affiliate marketing: you create a website on a topic, attract readers and once they are there you earn money when they perform a certain action.

The great advantage of advertising is that you do not need the reader to buy to earn a commission. The most common is that you earn money when the reader clicks on an ad (what is known as PPC -Pay Per Click-).

In fact, this is how the world's largest ad network works: Google Adsense.

3. Sell courses and services with your blog:

If the previous two were two of the best ways to earn money online, this is the BEST way to earn money online.

But like everything else, the more money something can generate, the more effort it takes.

It is about creating a blog on a specific topic, positioning yourself as an expert in it, and selling your own paid online courses.

4. Offer your services on specialized pages:

If you do not have or do not want to create a blog or a website (although anyone without technical knowledge can do it today), another way to get a handful of euros online is to carry out small online services.

The operation is very simple:

1. You register in one of the online platforms that put you in contact with potential clients

2. You publish your service and put a price on it

3. You wait to be hired

The jobs that are usually offered on these platforms are simple things, such as translating text, editing a video, designing a logo, writing a resume, or preparing a PowerPoint presentation.

There are even those who offer to write irresistible profiles on Tinder, your imagination is the limit!

5. Work as a virtual assistant:

If you find it interesting to earn money by offering online services and you want to ensure greater regularity and a more stable income, you can consider working as a virtual assistant.

The virtual assistant is one of the new professions that the Internet technological revolution has brought with it, and its demand is expected to continue growing in the coming years.

6. Work as a copywriter:

Generating content that attracts loyal readers is a fundamental pillar of any digital strategy, and that is well known by both large companies and small entrepreneurs.

That is why more than 3 million articles are published on blogs every day. There are posts on economics, animals, photography, food, health, marketing, video games, philosophy, politics ... Anything you can imagine.

This need to create content has led to the appearance of another highly demanded professional profile in the online world

7. Translate content:

If you consider that you lack creativity or prefer something more mechanical than working as a copywriter, and you have a good level of language, you can make the most of your knowledge by doing online translation services.

"There are many companies that need to translate texts from their blogs, websites, or posts on social networks and who are looking for native speakers to do this job. In addition, it is usually quite well paid."

In fact, at the time Netflix opened applications to find people to translate its series online through its Hermes program.

In the case of the translation from English to Castilian Spanish, they paid 12 dollars per minute translated, not bad!

8. Create a YouTube channel:

With the purchase of YouTube by Google and the exponential growth in the consumption of content in video format, there were people who, overnight, began to earn a lot of money with their video channels.

Yes, there are more and more competitors, but YouTube is the second Internet search engine, only behind Google, and it is expected that in a very short time it will become the first. That means its economic potential is booming.

It is difficult for it to replace a full salary, but if you can contribute knowledge or fun to users and you are funny in front of the camera, in the medium term it is possible to generate some extra money with a YouTube channel.

9. Sell online by dropshipping:

Another good way to make money online is by selling products online.

I know people who are achieving more than 4,000 euros a month in profit with very simple but specialized products, so if you do it well it is possible to generate a good income.

You should know that, mainly, there are two ways to sell online:

• Create your own website (again, it's easier than it sounds) and sell your products there

• Sell your products on third-party platforms (like Amazon)

If you don't make products, don't worry. It is as simple as finding a manufacturer with little popularity, buying the product, and selling it to the final public through your website or the platform, adding your margin to the price.

For this reason, most tend to look for Chinese suppliers. Although you will have to carry out the import procedures, you will have a greater margin.

The main drawback is that you will have to carry out billing and product shipping tasks, which can be a lot of work. To avoid this hassle, it is best to look for suppliers that work through dropshipping.

 

10. Sell courses on online platforms:

If the idea of ​​selling products online, having to find distributors, and creating a website does not appeal to you, an excellent alternative is to sell your knowledge on online platforms.

The concept is simple: you create a video or text course on a specific topic, upload it to platforms like Udemy, and price it.

To create the course, you can record yourself on video, record a presentation on your screen, or do it in text format (in pdf files), just as you would for your blog.

This type of platform receives thousands of daily visits from users looking for courses on a topic, so if yours meets any demand and meets the expectations of users, you can earn a lot of money.