This is one of the easiest way to start earning money online. Basically, you partner up with retailers who offer an affiliate program, and advertise their goods, make people buy them and you get your commission of the purchases. There are all kinds of retailers to partner up with, some of them offer more, some of them offer less commission after every purchase. It’s generally a good idea to select a specific niche, and that you only affiliate for products in that particular area. This way, you’ll gain authority and people will trust you, thus they will be convinced to buy that particular product that you are advertising. It's important to note, that you'll need a good traffic on your site to earn a reasonable amount of money, which is requires a lot of work; online marketing, email marketing, SEO, emmit quality content and so on. But after a while you can keep up the conversion rates with a realtively small amount of work.
Dropshipping is an exciting fast-lane business model. It’s a retail fulfillment model, where you, the merchant doesn’t store the products you sell in a store. Instead, when a customer buys the product from your webstore, they actually buy them from a third party who ships the product directly to the customer. By this you are basically advertising the third party’s products, and you never have to deal with inventory or stock levels. This system can also be automated after a while, however, it requires continuous work to keep finding customers. The best thing to do is to outsorurce all those areas that can be done by a thrid part, for exaple the customer support or the order completion.
Make an upfront investment into something you find lucrative. However, you need to research a lot to develop the skills to pick the right financing deal at the right time. You’ll also need a good network of referrers and agents to keep it rolling. You can start small, but in order to have a good return, you’ll have to invest a relatively large amount of money.
Build up a good website in a good niche with real content, get a reasonable traffic and domain authority. Then, start reaching out to businesses in the same niche, and offer them visibility on your website. Forget the old-styled banners. There are much smarter methods to sell advertising; businesses seek opportunities to get noticed by more and more readers and to earn an increasing amount of links to their specific pages to improve their Google rankings. Therefore you can offer the sponsored posts on your site as well. We, in my link-building job, sometimes bump into sponsored posting offers, which - depending on the quality of the site - might cost up to hundreds of dollars.
An easier way in link inclusion, where retailers ask you to add their link to one of your relevant posts. A similarly effective way for the retailers to reach people.
Another thing I’ve just learned about is to sell widgetized advertisements on your site. For example, an Airbnb booking widget in the sidebar of a travel blog. Thus visitors can start the buying process from the travel blog's sidebar, then they will get redirected to the advertiser's site. The engagement factor and click through rates of these interactive widgets are pretty high. It’s a great way to earn some money online.
If you happen to be a professional photographer, designer or a musician, put your work up in a niched up library and live off the royalties. You can do this buy building up your own website, or join major sites like iStockPhoto, Shutterstock, or anything similar. It's pretty passive, however, you still need to have those materials ready to share with the world.
Build up a website where you start publishing product reviews and product comparisons for your readers. People tend to love these kinds of articles and video content. First you’ll need to gain some authority to have your readers trust you. Then, add affiliate links in your content and you are good to go. These kind of articles have a great click-through-rate (CTA).
You can go crazy with your ideas. There is for example https://www.50em.com/, who are specialized on comparing the two software Ontraport and Infusionsoft. The site itself consists of 7 pages, but with their ultra-focused approach and master-class product reviews drive a great traffic. The information they sare in their hyper-targeter content (not only written) help visitors select from these two automation tools, then when they make up their minds and buy one of the software, 50em gets a commission.
Are you an expert in something? Have you mastered gardening? Are you an experienced chef? Write an ebook in the area of your expertise, and get it published by Amazon! Writing a boot is definitely not a passive activity. However, when it's done, publishing your book takes less than 5 minutes and your book appears on Kindle stores worldwide within 24-48 hours. Publishing has never been so easy.
I’ve already written about jobs you can do remotely. Being a remote worker is not an uncommon thing anymore; many large companies employ remote workers. It’s the future. If you can find a location independent full time job, your monthly income is set while being able to work from anywhere in the world! Isn’t that awesome?
Personally, I’ve always been struggling with the standard 8 hour workload. 8 hours is still the major part of your day, so there’s no point of travelling to a surf paradise of you life if you have to work during the day anyway (It’s still better, than nothing, though). However, I always try to get part time positions, with slightly higher hourly rates. Then, if the money isn’t enough, I can still take up some projects from some old clients or find new ones from one of the platforms listed here or here.
This is probably the most difficult and most beautiful options of becoming location independent. It’s hard because you will have to establish a clientele first to have enough income, but beautiful as you will most likely be doing something that you are interested in and good at. Not to mention the beauty of establishing your own business.
Starting an location independent career is not easy, but it's not a witchcraft either; it's a clear, well-thought decision you can make. When you have decided, all you have to do is to work towards your goals, as you would do otherwise in case of having a regural, 'offline' career too. The question that has to be answered here is wether this lifestyle is the one you want. Do you want to be your own boss, set your own schedule, and decide if you'd like to wear pants on a Wednesday morning? If the answer is yes, take the first step, and never look back.