Regardless of your area of expertise, there is a plethora of opportunities out there for you to make money online. Someone, somewhere can use your skills and talents – and they’re willing to pay you for it.
However, use caution when you see the phrase “make money online,” as it could be a scam. Christine Durst, consultant to the FBI on Internet scam issues told Woman’s Day magazine, “There is currently a 61-to-1 scam ratio among work-at-home job leads on the Internet – that is, for every legitimate job, there are 61 scams.”
So how can you tell? Here’s a hint: Legit job offers never require you to pay a fee to get more information, nor do they come in unsolicited junk emails.
We’ve made it easy for you. Here’s a list of 13 (legit) ways to make money online. While some have bigger payouts than others, if done the right way they can all add up to a healthy income.
1. Become an Online Reseller
An online reseller purchases items and resells them on sites like eBay to make a profit. Sellers determine the price by the market and the value of items they sell, so it’s imperative that you have a strong knowledge of what the product is worth (market value). Depending on the volume of your business, reselling on eBay and other sites could become a lucrative full-time job.
2. Try Affiliate Marketing
Affiliate marketing is one of the fastest-growing ways to earn money online. What’s great about becoming an affiliate marketer is that you don’t have to create any products yourself. You just link up a buyer and a seller, and you take a commission on the sale. One piece of advice, don’t join every affiliate program you come across in hopes of increasing your streams of revenue. Choose wisely and don’t overload yourself. Here are some of the most popular affiliate programs to help you get started: CJ Affiliate, ClickBank, Google AdSense and Rakuten LinkShare.
3. Virtual Independent Contractor
Customer service has evolved in the last few decades. It’s no longer about just answering questions from a cubicle in a call center. Larger companies like J. Crew, Express Jet, 1-800-flowers and IRS outsource their customer service to third parties who then hire home-based workers to take calls. Become an independent contractor with LiveOps and you will have the freedom to operate your own business providing customer service right from the comfort of your own home.
4. Tutor Online
With a college degree and skills in math, science, English or a variety of other subjects, online tutoring might be the right fit for a little extra cash. At Tutor.com, working as an independent contractor can earn you around $10-$14 per hour based on the subject and hours worked. The busier you are with your home tutoring business, the more money you can make. Some online tutors bring in up to $1,600 a month.
5. Transcribe Audio
Although most transcription companies will require you to pass an entrance exam, once you get your foot in the door there is real opportunity to make money. TranscribeMe offers short audio files to be transcribed at a rate of $14 per audio hour, with potential to earn up to $20. The key here is audio hour – your speed and efficiency will determine your overall hourly rate.
6. Be a Nurse on Call
Registered nurses should consider a company like Fonemed, which provides phone-based triage and medical information to customers in Canada and the US. Companies like Fonemed contract with medical-related clients, doctor’s offices and pediatrician’s offices to answer questions during non-office hours (usually weeknights and weekends). To be considered, you must be licensed in the state or province where you are located and have at least three years of recent clinical experience with adults and children. Typical Fonemed nurses make $27 an hour and are eligible for benefits like health insurance and paid leave.
7. Develop an App
You don’t need a computer science background to get into the app biz. What makes app development such an attractive opportunity is minimal overhead. While $0.99 is a cheap price for a consumer, multiply that by the millions of people who have the device to download it. So, get brainstorming. Yours could be the next killer app.
RELATED: THINKING ABOUT DEVELOPING AN APP?
8. Take Online Surveys
You definitely won’t get rich taking surveys online, but it’s an easy way to earn a little cash on the side. Do your homework and make sure the survey company is legitimate. My Survey, Pinecone Research and SurveySpot are just a few you should check out.
9. Closed Captioning
Work from home doing court reporting or creating closed captioning for the hearing impaired for television, videos, etc. It’s an industry you can break into with just a little training that inevitably pays quite well. Captioning is generally done with a stenotype machine, and if you are trained to use one it is possible to type over 200 words per minute. If you aren’t trained, visit the National Court Reporting Association for more information.
10 Take Part in an Online Jury
Think about this. Companies like eJury.com and OnlineVerdict.com will pay you to sit on mock juries to give attorneys and consultants feedback on cases they are working on. These cases are real and your verdict will give them a prediction of how things might go in the courtroom. Payment ranges from $5 to $60.
11. Become a Virtual Assistant
Business owners and other professionals are in need of personal assistants but can’t afford to add a permanent position. So what do they do? They hire remotely to address their administrative needs. Contact businesses in your area or register with an agency like Zirtual.com to get stated.
12. Flip Domain Names
One of the easiest ways to make money online is by buying a domain name for a low price and selling it for a higher price. You can purchase domain names through sites like GoDaddy or in an online auction at NameJet. There are dozens of reasons why domains expire, and you can profit from them. Flipping domains doesn’t cost a fortune to start and you can flip as many domains as possible.