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How To Use The Internet To Make Money [Expert Advice]

online money making, side hustles, make money online, writing jobs, freelance writing, blogging income, ghostwriting, short form content, TikTok earnings, Instagram Reels, YouTube Shorts, Amazon KDP, low content books, journals, planners, notebooks, activity books, book cover design, publishing books, AI tools, ChatGPT, content creation, automate customer service, personal assistant AI, selling items online, flipping stuff, eBay selling, Facebook Marketplace, online tutoring, tutor income, math tutoring, science tutoring, English tutoring, productivity tools, passive income, digital products, content marketing, social media marketing, freelance platforms, Upwork, Fiverr, Reedsy, Canva, Adobe Illustrator, Microsoft Word, Scrivener, IngramSpark, VIPKid, iTalki, Wyzant, Preply

In the modern digital age, leveraging the internet to create multiple income streams has become a viable and attractive option for many.

This guide will explore various side hustles that can help you generate income online, broken down into actionable steps and supported by statistical data.

You Make Money When You Provide Value

The fundamental principle of making money online is to provide value. Whether through content, services, or products, value is the key driver of income. Understanding your target audience and delivering what they need or want is crucial. By focusing on the needs and wants of your audience, you can create products, offer services, or produce content that resonates with them.

This not only builds trust but also encourages loyalty and repeat business. Always ask yourself: How can I solve a problem or improve someone’s life? The answer to this question will guide your efforts in providing real value.

Side Hustle Idea 1: Writing

Writing is a versatile side hustle that can take many forms, from freelance writing to blogging and even ghostwriting. It requires a strong command of language, creativity, and the ability to meet deadlines. Freelance writing allows you to work on various projects for different clients, providing flexibility and diversity in your work. Blogging, on the other hand, lets you share your expertise, passions, or experiences with a broader audience, potentially earning money through ads, sponsorships, and affiliate marketing.

Ghostwriting involves writing content for others who then claim authorship. It can be highly lucrative, especially if you establish a reputation for quality work.

Statistics

Type of Writing Average Income (per year) Platforms to Use
Freelance Writing $40,000 – $60,000 Upwork, Fiverr
Blogging $10,000 – $50,000 WordPress, Medium
Ghostwriting $20,000 – $80,000 Reedsy, Upwork

Writing offers flexibility and the opportunity to earn substantial income, especially as you build a portfolio and reputation. Consistent, high-quality work will attract better-paying clients over time.

Side Hustle Idea 2: Creating Short Form Content

Short-form content, such as TikTok videos, Instagram Reels, and YouTube Shorts, has surged in popularity. This type of content is brief, engaging, and highly shareable, making it perfect for capturing the attention of a broad audience.

To succeed, you need to understand what appeals to your audience and be able to deliver it quickly and effectively. Popular short-form content often includes how-to guides, humorous skits, product reviews, and behind-the-scenes glimpses of your life or business.

Statistics

Platform Average Earnings (per 1,000 views) Top Content Categories
TikTok $0.02 – $0.04 Entertainment, DIY, Education
Instagram Reels $0.01 – $0.03 Lifestyle, Fashion, Fitness
YouTube Shorts $0.01 – $0.03 Vlogs, How-Tos, Reviews

Engaging short-form content can quickly amass followers and generate ad revenue, brand partnerships, and sponsorships. Success requires creativity, consistency, and an understanding of current trends.

How To Make Money Selling Low Content Books On Amazon KDP

Low content books, such as journals, planners, and notebooks, are a profitable niche on Amazon KDP (Kindle Direct Publishing). These books have minimal written content, relying more on design and structure to appeal to users.

Creating these books involves designing attractive covers and interiors, and they can be marketed to various niches, from daily planners for professionals to customized journals for hobbyists.

Statistics

Type of Book Average Monthly Sales Profit Margin
Journals 100 – 500 units 40% – 60%
Planners 150 – 600 units 45% – 65%
Notebooks 200 – 700 units 50% – 70%

Creating and publishing these books require minimal content but can generate steady income with the right design and marketing strategies. Identify popular themes and customize your books to cater to specific audiences to maximize sales.

How to Make Activity Books

Activity books, including coloring books, puzzle books, and educational workbooks, cater to various audiences and can be a lucrative venture.

These books are designed to entertain and educate, making them popular among children and adults alike. To create a successful activity book, you need to identify your target audience, design engaging and unique content, and publish it on a platform like Amazon KDP.

Steps:

  1. Identify your target audience: Research the types of activity books that are in demand.
  2. Design engaging and unique content: Use tools like Canva or Adobe Illustrator to create your book.
  3. Use Amazon KDP to publish: Follow Amazon’s guidelines to upload and publish your book.

Activity books often have higher profit margins due to their perceived value and specific audience. Tailor your content to meet the interests and needs of your audience for better engagement and sales.

How to Make Book Covers

Designing book covers is a specialized skill that can be monetized on platforms like Fiverr and 99designs. A well-designed book cover can significantly impact a book’s sales by attracting potential readers. This service requires a good eye for design, proficiency with design software, and an understanding of the market trends in book cover aesthetics.

Statistics

Service Average Income (per project) Popular Platforms
Book Cover Design $100 – $500 Fiverr, 99designs

High-quality book covers significantly impact sales, making this a valuable service for authors and publishers. Offering customization and understanding the genre-specific design trends can help you stand out in the competitive market.

How to Publish Your Book

Publishing a book has never been easier, thanks to platforms like Amazon KDP and IngramSpark. These platforms allow you to publish both digital and print versions of your book, making it accessible to a global audience. The process involves several steps, from writing and formatting your book to designing a cover and uploading it to the publishing platform.

Steps:

  1. Write and format your book: Use tools like Microsoft Word or Scrivener.
  2. Design a cover: Create a professional-looking cover using design software.
  3. Upload to a publishing platform: Follow the platform’s guidelines to ensure your book meets all requirements.
  4. Market your book: Use social media, email marketing, and other channels to promote your book.

Publishing independently gives you control over royalties and distribution. It also allows you to retain the rights to your work and make decisions about pricing and marketing.

Start Using AI to Make Money

Artificial Intelligence (AI) tools can enhance productivity and create new income streams. These tools can be used in various ways, from automating customer service to generating content. For example, AI can help you write blog posts, manage your social media accounts, or even develop business strategies based on data analysis.

ChatGPT

ChatGPT, an advanced language model, can be used to generate content, automate customer service, and more. It can assist with writing, brainstorming ideas, and even conducting research. By integrating ChatGPT into your workflow, you can save time and focus on more strategic tasks.

Applications:

  • Content Creation: Generate blog posts, articles, and social media content quickly and efficiently.
  • Customer Service: Automate responses and provide 24/7 support to your customers.
  • Personal Assistant: Manage emails, schedules, and tasks, helping you stay organized and productive.

Selling and Flipping Stuff

Selling and flipping items on platforms like eBay and Facebook Marketplace can be profitable. This involves buying items at a low cost and selling them at a higher price. Successful flipping requires market research, negotiation skills, and the ability to identify valuable items.

Statistics

Item Type Average Profit Margin Platforms
Electronics 20% – 50% eBay, Facebook Marketplace
Furniture 30% – 60% Craigslist, OfferUp
Clothing 10% – 40% Poshmark, Depop

Identifying undervalued items and reselling them at a profit requires research and market knowledge. Look for items in good condition and consider refurbishing them to increase their value.

Online Tutoring

Online tutoring offers flexible income opportunities, especially in high-demand subjects. It allows you to share your knowledge and expertise with students worldwide. Whether you’re tutoring in academic subjects, languages, or professional skills, there’s a demand for personalized instruction.

Statistics

Subject Average Hourly Rate Platforms
Math $20 – $50 Tutor.com, Chegg Tutors
Science $25 – $60 Wyzant, Preply
English $15 – $40 VIPKid, iTalki

Online tutoring is a rewarding way to share knowledge while earning a decent income. Tailoring your teaching methods to individual students’ needs can lead to better results and more referrals.

Making money online involves identifying opportunities, providing value, and leveraging the right platforms. Whether through writing, content creation, selling products, or offering services, the internet offers numerous avenues for generating income.

The key is to start, be consistent, and adapt to changes in the market. With dedication and the right strategies, you can build a successful online income stream that complements your lifestyle and goals.

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Top 5 AI Tools to Make Money Easily and Effortlessly

Are you looking to boost your online presence and make money with minimal effort? Alan Spicer’s latest video breaks down five essential AI tools that can help you grow your YouTube channel and monetize your content effortlessly. Let’s dive into these game-changing tools:

1. Amazon KDP (Kindle Direct Publishing)

Amazon KDP is a fantastic platform for self-publishing eBooks. You can leverage AI tools like ChatGPT to help write and format your content, making it easier to publish high-quality eBooks and reach a global audience.

This can open up a steady stream of passive income.

2. HeyGen – Dubbing and Video Translation

HeyGen simplifies the process of dubbing your videos in multiple languages. This AI tool allows you to reach a broader audience by making your content accessible to non-English speakers.

HeyGen is revolutionizing how content creators can reach a global audience. By utilizing advanced AI technology, HeyGen allows you to dub your videos into multiple languages with ease. Here’s how it works and why it’s a game-changer for your YouTube channel:

How HeyGen Works

HeyGen uses sophisticated AI algorithms to accurately translate and dub your video content. The process involves:

  • Transcription: The tool transcribes your original video into text.
  • Translation: The transcribed text is then translated into the target language(s) using advanced AI translation models.
  • Voice Dubbing: The translated text is dubbed over your original video using high-quality AI-generated voices that match the tone and style of your content.

Benefits of Using HeyGen

  1. Global Audience Reach: By dubbing your videos into multiple languages, you can tap into non-English speaking markets, significantly expanding your audience base. This is particularly useful for niche content that might have a substantial following in specific regions.
  2. Increased Engagement: Viewers are more likely to engage with content in their native language. Dubbing your videos can lead to higher watch times, better retention rates, and more interaction on your channel.
  3. Cost-Effective: Traditional dubbing can be expensive and time-consuming. HeyGen automates the process, reducing costs and turnaround times. This allows even small creators to benefit from multilingual content without breaking the bank.
  4. Consistency and Quality: HeyGen ensures that the quality of dubbing is consistent across all languages. The AI voices are designed to be natural and engaging, maintaining the professional quality of your videos.
  5. SEO and Discoverability: Multilingual content can improve your search engine optimization (SEO) efforts. By providing content in various languages, your videos are more likely to appear in search results for international users, driving more traffic to your channel.

How to Get Started with HeyGen

Getting started with HeyGen is straightforward:

  • Sign Up: Create an account on the HeyGen platform.
  • Upload Your Video: Upload the video you want to dub.
  • Select Languages: Choose the languages you want for dubbing.
  • Generate and Download: Let HeyGen do its magic. Once the dubbing is complete, download your multilingual videos and upload them to your YouTube channel.

3. Syllaby.io – Streamline Content Creation

Content creation can often be a daunting and time-consuming task, but Syllaby.io is here to make your life easier. This AI-powered tool is designed to help you generate content ideas and streamline the creation process, making it perfect for YouTube creators, bloggers, and digital marketers. Here’s how Syllaby.io can transform your content strategy:

How Syllaby.io Works

Syllaby.io uses advanced AI algorithms to analyze trends, keywords, and audience preferences, providing you with:

  • Content Ideas: Generate a list of potential topics based on your niche and audience interest.
  • Outlines and Scripts: Create detailed outlines and even full scripts for your videos or blog posts, ensuring your content is well-structured and engaging.
  • SEO Optimization: Incorporate relevant keywords and phrases to improve your content’s visibility on search engines.

Benefits of Using Syllaby.io

  1. Time Efficiency: One of the most significant advantages of Syllaby.io is the amount of time it saves. Instead of spending hours brainstorming and researching, you can quickly generate content ideas and outlines, allowing you to focus more on production and less on planning.
  2. Enhanced Creativity: Syllaby.io helps spark creativity by providing a continuous stream of fresh ideas. This can be particularly useful during times when you’re experiencing writer’s block or running low on inspiration.
  3. Content Consistency: Maintaining a consistent content schedule is crucial for audience retention. Syllaby.io helps you plan your content calendar by providing a steady flow of ideas, ensuring you never miss a posting deadline.
  4. SEO Benefits: With built-in SEO optimization features, Syllaby.io ensures that your content is not only engaging but also discoverable. By integrating relevant keywords, you can boost your search engine rankings and attract more organic traffic.
  5. Audience Engagement: By analyzing what your audience is interested in, Syllaby.io helps you create content that resonates with your viewers. This targeted approach leads to higher engagement rates and more meaningful interactions with your audience.

Getting Started with Syllaby.io

To start using Syllaby.io:

  • Sign Up: Create an account on the Syllaby.io platform.
  • Define Your Niche: Input your niche or area of focus.
  • Generate Ideas: Let the AI analyze trends and provide you with a list of content ideas.
  • Create and Publish: Use the generated outlines and scripts to create high-quality content and publish it on your preferred platforms.

4. Ossa – Faceless Videos

Ossa is an AI tool designed to help creators produce high-quality, engaging videos without ever showing their faces. This is particularly beneficial for those who prefer to remain anonymous or are camera-shy but still want to share valuable content with their audience.

Here’s how Ossa can transform your video creation process:

How Ossa Works

Ossa leverages advanced AI technology to create faceless videos by:

  • Visual Storytelling: Utilizing stock footage, animations, and graphics to visually represent your script.
  • Voiceovers: Adding AI-generated or human-like voiceovers to narrate your content.
  • Editing and Effects: Automatically editing the video with transitions, effects, and background music to enhance viewer engagement.

Benefits of Using Ossa

  1. Anonymity and Privacy: If you prefer not to appear on camera, Ossa provides the perfect solution. You can share your knowledge, opinions, and tutorials without revealing your identity, maintaining your privacy while still building a personal brand.
  2. Professional Quality: Ossa ensures that the final product is polished and professional. The tool’s ability to seamlessly integrate visuals, voiceovers, and effects means your videos will look and sound high-quality, which is essential for retaining viewers and building credibility.
  3. Time-Saving: Creating videos from scratch can be time-consuming, especially if you’re handling all aspects, from filming to editing. Ossa automates much of this process, allowing you to focus on creating compelling content without getting bogged down in technical details.
  4. Cost-Effective: Hiring a professional videographer or editor can be expensive. Ossa provides a cost-effective alternative by automating these tasks, making high-quality video production accessible even for creators with limited budgets.
  5. Versatility: Ossa can be used for a variety of video types, including tutorials, reviews, explainer videos, and more. Its flexibility means you can adapt it to suit different content needs and styles, broadening the scope of your creative projects.

Getting Started with Ossa

To start using Ossa:

  • Sign Up: Create an account on the Ossa platform.
  • Upload Your Script: Provide the script or main points of your video.
  • Select Visuals and Voiceovers: Choose from a library of stock footage, animations, and voiceover options.
  • Generate and Download: Let Ossa compile and edit the video. Once it’s ready, download and upload it to your YouTube channel or other platforms.

5. OpusClip – Make Clips from Your Videos FAST

OpusClip is a powerful AI tool designed to help creators produce short, engaging clips from longer video content. This tool is essential for maximizing your content’s reach and impact on various social media platforms, which thrive on brief, attention-grabbing videos. Here’s how OpusClip can revolutionize your video marketing strategy:

How OpusClip Works

OpusClip uses advanced AI to identify key moments in your longer videos and automatically generate short clips. The process involves:

  • Content Analysis: The AI scans your video for highlights, important quotes, and engaging moments.
  • Clip Creation: It then creates concise, high-quality clips that retain the essence of the original content.
  • Editing and Enhancement: The tool adds captions, transitions, and effects to make the clips more engaging and shareable.

Benefits of Using OpusClip

  1. Increased Engagement: Short-form videos are highly popular on social media platforms like Instagram, TikTok, and YouTube Shorts. OpusClip helps you tap into this trend, increasing your content’s engagement and reach.
  2. Content Repurposing: With OpusClip, you can easily repurpose your existing content, giving it new life and extending its value. This is a great way to maximize the return on investment for your original video productions.
  3. Time Efficiency: Manually creating short clips can be labor-intensive. OpusClip automates this process, saving you time and allowing you to focus on other important aspects of your content strategy.
  4. Professional Quality: OpusClip ensures that your clips are professionally edited, with smooth transitions, clear captions, and engaging effects. This professional touch is crucial for maintaining your brand’s image and keeping your audience engaged.
  5. SEO and Discoverability: By creating multiple short clips from a single video, you can increase your chances of being discovered by new audiences. These clips can act as teasers, driving traffic back to your full-length content and boosting your overall SEO performance.

Getting Started with OpusClip

To start using OpusClip:

  • Sign Up: Create an account on the OpusClip platform.
  • Upload Your Video: Upload the video from which you want to create short clips.
  • Generate Clips: Let the AI analyze your video and automatically generate short clips.
  • Edit and Customize: Make any necessary edits and add custom elements to enhance the clips.
  • Share: Download the finished clips and share them across your social media platforms.

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Don’t miss out on these incredible AI tools that can transform your content creation process and boost your earnings. Watch Alan Spicer’s video to get detailed insights and start growing your YouTube channel with the power of AI today!

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Retirement Investing Should Be All About Passive Income

Retirement Investing Should Be All About Passive Income 1

Retirement investing has undergone a sea change in the past few decades. From the time when pensions were the norm to the self-directed IRA and 401(k) era, the strategies have evolved.

However, the objective remains the same: to build a nest egg that provides for a secure and comfortable retirement. 

Increasingly, experts recommend that your retirement investing strategy should focus on generating passive income.

 

It’s a philosophy that aligns perfectly with conservative retirement investing and ensures that you enjoy your golden years without financial worries.

Why Focus on Passive Income?

The concept of passive income plays an integral role in modern retirement planning. Unlike active income where you trade your time for money, passive income flows into your account with little to no effort on your part after the initial investment or setup. 

This can be invaluable during retirement, a phase in life when you might want to minimize labor-intensive activities. Passive income aligns well with the principles of conservative retirement investing, as it often focuses on lower-risk, high-reliability assets that provide steady returns over time.

Stability and Reliability: The Cornerstones of Retirement Planning

When it comes to retirement investing, stability and reliability are non-negotiable. Even if you are now making money in a super exciting job, you want your retirement to be as risk-free as possible. 

This is because, unlike during your working years, the stakes are higher—your investment returns may be your primary source of income. Passive income-generating assets like dividend-paying stocks, bonds, and real estate can offer this kind of stability.

For example, a well-chosen dividend-paying stock could generate income for years without requiring you to touch the principal amount invested. 

This stability of income enables you to plan your post-retirement life better, from daily expenses to travel and healthcare. And since you’re not liquidating your assets for income, your investment can continue to grow, providing additional layers of financial security.

The Inflation Hedge: Keeping Up with Rising Costs

Inflation, the silent wealth eroder, can take a significant toll on your retirement savings. You’ll need an income that not only serves you today but also ten or twenty years down the line when costs are likely to be higher. Passive income assets are often well-suited to this purpose.

Investing in real estate, for instance, provides two-fold benefits. First, the property often appreciates over time, increasing your net worth. Second, rents usually keep pace with inflation, thereby providing a growing income stream. 

Similarly, some companies have a solid track record of regularly increasing their dividend payouts, helping your income to rise over time and offset the erosion caused by inflation.

The Building Blocks of a Passive Income Portfolio

Crafting a portfolio focused on generating passive income necessitates a mix of different asset classes to provide diversification. Each class comes with its own set of risk and reward profiles, but they should all align with the overarching goal of sustainable income generation.

Dividend Stocks: The Cream of the Stock Market Crop

  • High Dividend Yield: Seek out companies that offer a high but sustainable dividend yield. However, a yield that is too high may be a red flag for underlying issues.
  • Dividend Growth: Choose companies that have a history of growing their dividend payouts. This feature can serve as an inflation hedge.
  • Industry Leaders: Focusing on businesses that are leaders in their sectors often ensures a stable and reliable dividend, as these companies typically have strong financials.

Bonds: The Safe Harbors

  • Government Bonds: Usually considered a very low-risk investment, these bonds offer fixed interest payments at regular intervals.
  • Corporate Bonds: These bonds generally offer higher yields than government bonds, but they also carry more risk. Credit ratings can give you an idea of the default risk.
  • Municipal Bonds: The interest from these bonds is often tax-free, which can make them particularly attractive for retirees in high tax brackets.

Real Estate: More than Just Bricks and Mortar

  • Rental Properties: Direct ownership of rental properties can provide a steady monthly income, although they also require ongoing management.
  • Real Estate Investment Trusts (REITs): If owning and managing physical properties isn’t your cup of tea, REITs can offer exposure to real estate with the added benefit of liquidity and lower management hassle.

Peer-to-Peer Lending and Other Alternatives: Outside the Traditional Box

  • P2P Platforms: These platforms allow you to lend money to individual borrowers or small businesses, often at higher interest rates than traditional savings accounts.
  • Annuities: An insurance product that, for an upfront payment, promises to deliver a fixed or variable income for a set period, often for life.

By strategically selecting and combining these assets, you can build a diversified portfolio geared towards reliable, inflation-adjusted passive income—ensuring a more financially secure and enjoyable retirement.

Implementation and Monitoring: The Journey Never Ends

One common misconception about retirement planning is that it’s a ‘set it and forget it’ operation. In reality, building a passive income portfolio for retirement is a continual process, requiring both regular monitoring and frequent adjustments. 

Even after achieving the initial setup, economic variables, policy changes, and asset performances can necessitate portfolio changes. Therefore, the focus should be on both implementation and ongoing maintenance.

Regular Rebalancing: The Annual Financial Health Checkup

Rebalancing is the act of adjusting the weightings of a portfolio’s assets to maintain an intended asset allocation. It’s something that you should consider doing at least annually. In the context of a retirement portfolio aimed at generating passive income, rebalancing serves a few critical functions:

Income Alignment: Ensure that the income streams from your investments are in line with your retirement needs, whether they’re growing due to inflation or changing due to life circumstances.

Risk Alignment: As you age or your financial situation changes, your risk tolerance may also shift. Your portfolio needs to reflect those changes to ensure you’re not exposed to unnecessary volatility.

Asset Performance Review: Individual assets within your portfolio will perform differently over time. Rebalancing allows you to capitalize on high-performing assets and cut back on or eliminate the underperformers.

Risk Assessment: A Continuous Undertaking

Investing always involves some level of risk, and it’s crucial to continually assess the risk level of your passive income portfolio. A routine risk assessment should include:

  • Economic Indicators: Keep an eye on broad economic metrics like inflation rates, employment numbers, and interest rates, as these can influence the performance of your investments.
  • Market Conditions: Are markets trending up or down? Bullish and bearish market conditions can offer different opportunities and challenges.
  • Legislative Changes: Be mindful of new laws or changes in tax codes that could affect the after-tax return on your investments. For instance, changes in capital gains tax could impact your decision to sell an asset.

The goal of ongoing risk assessment is to anticipate changes that may require you to adjust your portfolio, enabling you to make those adjustments proactively rather than reactively.

The Synergy of Conservative Retirement Investing and Passive Income

The combination of conservative retirement investing and a focus on passive income is a match made in financial heaven. Together, they lay the foundation for a future that isn’t merely about surviving, but thriving, during your retirement years. 

By building a diversified portfolio consisting of stable, reliable, and income-generating assets, you set yourself up for both peace of mind and financial independence. It allows you to preserve your wealth while also generating a sustainable income stream that can support your desired lifestyle in retirement.

The crux of the matter is not just to accumulate assets but to transform those assets into income-generating machines that work for you long after you’ve stopped working. And while implementation is an essential first step, remember that maintaining and monitoring your portfolio is an ongoing responsibility. 

So, as you traverse the path towards retirement, make sure your investment strategy continues to align with your life goals, risk tolerance, and income needs. By doing so, you not only secure your future but also enrich the quality of your retirement life.

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Maximizing Your Time: How to Balance a 9-5 Job and a Profitable Side Hustle

Maximizing Your Time: How to Balance a 9-5 Job and a Profitable Side Hustle

Side hustles can be a great way to make some extra money outside of your 9-5 job.

With the rise of the gig economy, there are now more opportunities than ever to earn money on the side.

Whether you’re looking to pay off debt, save for a vacation, or just have a little extra spending money, a side hustle can help you reach your financial goals.

The list of side hustles below includes a variety of options that can be done even if you have a full-time job. From online tutoring and teaching to freelance writing and editing, there are many ways to use your skills and expertise to earn extra money.

One of the biggest advantages of side hustles is that they can often be done remotely and on your own schedule. This allows you to fit them in around your full-time job and other commitments.

For example, if you’re a graphic designer, you can take on freelance projects in the evenings or on weekends. If you’re a virtual assistant, you can work remotely and provide administrative or technical support to businesses or individuals.

Another advantage of side hustles is that they can be a great way to explore new interests and passions. For example, if you love animals, pet-sitting or dog-walking can be a great side hustle. If you enjoy working with kids, babysitting can be a great option. If you’re handy and enjoy home improvement tasks, handyman services can be a great way to earn extra money.

  1. Online Tutoring/Teaching

Leverage your knowledge in a specific subject area to educate and mentor students through online tutoring or teaching. By using platforms such as Zoom or Skype, you can offer your services remotely and tailor your schedule to fit your primary job.

  1. Freelance Writing or Video Editing

Offer your writing or video editing skills to create engaging articles, blog posts, or visual content for websites, businesses, and publications. With the option to work remotely and set your own hours, you can easily juggle freelance projects alongside your day job.

  1. Graphic Design Services

Utilize your design expertise to craft eye-catching graphics, logos, and other visual elements for businesses or individuals. Offering your services remotely, you can work on design projects at your convenience without disrupting your regular work hours.

  1. Virtual Assistance

Provide administrative or technical support to businesses or individuals from the comfort of your home. As a virtual assistant, you can manage tasks like data entry, scheduling appointments, and handling emails, making it a flexible side hustle to complement your 9-to-5 job.

  1. Pet-sitting or Dog-walking

For animal lovers, caring for pets while their owners are away or busy can be a fulfilling and enjoyable side gig. Offer pet-sitting or dog-walking services in your local area to build a clientele that fits your schedule.

  1. Babysitting Services

If you enjoy working with children, consider offering babysitting services to help parents who need a break or are occupied with work. With flexible hours, you can provide childcare on evenings or weekends without interfering with your day job.

  1. House Cleaning Services

Offer your skills in tidying and cleaning to help individuals who are unable to maintain their homes themselves or simply lack the time. By setting your own hours, you can accommodate house cleaning tasks around your primary job.

  1. Personal Shopping and Errand Running

Assist those who are unable to run errands or shop for themselves, or who simply need a helping hand due to their busy schedules. By being efficient and reliable, you can effectively manage your time while fulfilling the needs of your clients.

  1. Photography Services

Put your photography skills to use by capturing precious moments for events, families, or businesses. With the flexibility to choose your projects and schedule, photography can be a lucrative and enjoyable side hustle.

  1. Handyman Services

Offer your expertise in minor repairs and home improvement tasks to help people who require assistance with various household projects. By setting your own hours and selecting the jobs you take on, you can easily balance handyman services with your day job.

Note: These are just a few examples of potential side hustles, but there are many more options available depending on your skills and interests. It’s also important to note that side hustles may require some startup costs, and it’s always a good idea to research and plan before starting a new venture.

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Stats About Side Hustles

  1. Side hustle prevalence:
  • 45% of working Americans reported having a side hustle in 2021.
  • The percentage of millennials with a side hustle was 50%, compared to 40% for Gen X and 28% for Baby Boomers.
  1. Income generated by side hustles:
  • On average, a side hustler earns an extra $1,122 per month.
  • 15% of side hustlers earn over $2,000 per month from their side hustle.
  1. Most popular side hustle categories:
  • Selling items online (e.g., eBay, Etsy, Amazon): 26%
  • Freelancing (e.g., writing, graphic design, programming): 20%
  • Rideshare driving (e.g., Uber, Lyft): 12%
  • Food delivery (e.g., DoorDash, Grubhub): 10%
  • Tutoring or teaching (e.g., VIPKid, Teachable): 8%
  1. Reasons for starting a side hustle:
  • Extra income: 65%
  • Explore a passion: 45%
  • Build new skills: 35%
  • Networking opportunities: 25%
  • As a potential full-time career: 20%
  1. Time spent on side hustles per week:
  • 1-5 hours: 30%
  • 6-10 hours: 40%
  • 11-15 hours: 20%
  • 16-20 hours: 7%
  • 21+ hours: 3%

FAQ’s About Side Hustles

  1. What is a side hustle?
  1. What are some examples of side hustles?
  • Examples of side hustles include freelancing, pet-sitting, dog-walking, tutoring, writing or editing, graphic design, virtual assistant, photography, personal shopping and errand running, and handyman services.
  1. Can I do a side hustle if I have a full-time job?
  • Yes, many side hustles can be done on your own schedule and remotely, allowing you to fit them in around your full-time job.
  1. How much money can I make from a side hustle?
  • The amount of money you can make from a side hustle depends on the type of side hustle you choose, the amount of time and effort you put into it, and your level of skill and expertise. Some people make a full-time income from their side hustle, while others make extra money on the side.
  1. Do I need any special skills or qualifications to start a side hustle?
  • It depends on the side hustle you choose. Some side hustles require specific skills or qualifications, while others do not. It’s important to research and plan before starting a new venture.
  1. Can I use my side hustle as a replacement for my full-time job?
  1. Do I need to pay taxes on the money I earn from my side hustle?
  1. How do I find side hustle opportunities?
  • There are many ways to find side hustle opportunities, including online platforms, local classifieds, and networking with other entrepreneurs and professionals.
  1. How much startup costs should I expect with a side hustle?
  • The startup costs will depend on the side hustle you choose. Some side hustles may have little to no startup costs, while others may require a significant investment. It’s important to research and plan before starting a new venture.
  1. How can I balance a side hustle with a full-time job?
  • It’s important to set realistic goals and manage your time effectively. It’s also important to communicate with your employer and make sure your side hustle does not interfere with your full-time job.
  1. How do I market my side hustle to attract customers?
  • There are a variety of ways to market your side hustle, including social media, online platforms, referral marketing, and networking.
  1. How can I manage my finances when running a side hustle?
  • It’s important to keep track of your income and expenses, and set aside money for taxes. You should also consider setting up a separate bank account for your side hustle finances.
  1. How do I know if a side hustle is right for me?
  • Consider your skills, interests, and goals when choosing a side hustle. Research the market and the competition, and make sure you have a plan for how to balance it with your full-time job.
  1. Can I get insurance for my side hustle?
  • It depends on the type of side hustle you have, but there are insurance options available for some side hustles such as pet-sitting or handyman services. It’s important to research and consider insurance options before starting your side hustle.
  1. How can I scale my side hustle to make more money?
  • Consider expanding your services, increasing your prices, or taking on more clients. It’s also important to continue to market and promote your side hustle to attract new customers.
  1. How can I make my side hustle stand out from the competition?
  • Offer unique services, build a strong brand, and provide excellent customer service. Networking and building relationships with other entrepreneurs and professionals can also help you stand out.
  1. How can I network and find other like-minded individuals in the side hustle industry?
  • You can network and find like-minded individuals in the side hustle industry by attending networking events, joining online communities, or reaching out to other entrepreneurs and professionals in your field.
  1. How can I measure my success and track my progress when running a side hustle?
  • You can measure your success and track your progress by keeping track of your income and expenses, setting goals, and regularly reviewing your progress.
  1. How do I know when it’s time to quit my side hustle?
  • It’s important to regularly review your progress and consider factors such as income, time, and stress. If your side hustle is no longer meeting your financial or personal goals, it may be time to consider quitting.
  1. How can I find resources and support when running a side hustle?
  • There are many resources and support available for side hustlers, including online communities, networking groups, local small business resources, and entrepreneurial programs.
Categories
HOW TO MAKE MONEY ONLINE

Is Passive Income Real?

Is Passive Income Real?

Passive income is a real thing, and it’s not what you think. In this post, we’ll explore what passive income is and how you can earn money while doing something else.

What is passive income?

Passive income is money that you earn without having to work for it. That’s right, passive income is not a myth! Anything that generates revenue on its own, without your intervention or interference, can be considered passive income.

Why does this matter?

Because if you have a dream of quitting your day job and living the life of your dreams as an entrepreneur or freelancer who makes over $100K per month, then passive income is the key to making that dream a reality.

In fact, it’s possible for anyone with a good idea and some initial capital needed to get started!

All you need is a little know-how about how it works—and this article will give you all of that knowledge in just under 20 minutes!

How can you earn passive income?

There are a variety of ways you can earn passive income. Some people choose to sell digital products such as ebooks, websites and online courses; others may create physical products like clothing or jewellery; and still other people will simply rent out their property to tenants.

Many business owners make the mistake of thinking that they only have one option for earning passive income: creating their own business and working hard every day in order to make it successful. While this certainly is one way to generate income, there are many other options out there as well! As long as you have an internet connection and some motivation, your options are truly limitless!

People often ask me how I made my first $1000 online through affiliate marketing without any prior experience or knowledge about SEO or anything related… The truth is that anyone can do it if they put in enough effort (I didn’t even know what SEO was at the time!).

Is passive income real?

Passive income is real and it’s not a get rich quick scheme. You might have heard about passive income, but you’re still wondering if it exists. The answer is yes! Passive income is possible and there are many ways to earn passive income. It may require some work up front, but once your business starts earning money for you, then you can sit back and relax—with no need to watch the clock or worry about bill payments.

While it’s true that making money becomes less of an issue when you start earning passive income from your investments—like dividend stocks or rental properties—it can take time before this type of business becomes profitable enough to support your lifestyle needs (including retirement) without having to go back into full-time employment again later on down the road when necessary due…

Can You Get Paid on TikTok?

Passive income is not a get rich quick scheme, but can help you make money while you sleep.

Passive income is not a get rich quick scheme, but can help you make money while you sleep. It takes time and effort to build up your passive income streams, but it’s worth the effort if you have the patience to see it through.

Passive income is a long term goal. You will have to do the hard work to build up your passive income streams before they start flowing in by themselves without any additional input from you. Patience and perseverance are key for success!

Passive income isn’t easy money. You need to do the hard work first before your earnings flow in by themselves.

You’re probably wondering, “Is passive income real?” In short, yes. Passive income is very much possible—and it’s not just limited to your bank account. But like most things in life, there are sacrifices that need to be made before you can start making money while you sleep (or while you do anything else).

Passive income isn’t easy money. It requires hard work, which means that you’ve got to be willing to put in the time and effort necessary to make it happen. You’ll want to be ready for some risks; with risk comes reward! Finally, don’t forget about learning new skills—you’ll need them if your goal is getting paid passively!

Conclusion

We hope this post has convinced you that passive income is real and not a scam. It requires hard work, but the rewards are great. If you’re still not convinced, then we completely understand! We wish you luck on your journey to earning more money for yourself and your family.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. Learn new skills for FREE with Skillshare

I SUCK reading books to learn, but I LOVE online video courses.

Every month I learn something new. Editing, writing, video skills, how to cook, how to run a business – even how to meditate to calm a busy mind.

I find all of these for FREE with Skillshare – Sign up, pick all the courses you want and cancel anytime you need.

5. Shutterstock helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

Categories
HOW TO MAKE MONEY ONLINE SOCIAL MEDIA YOUTUBE

How much can you make on TikTok?

How much can you make on TikTok?
tiktok money

TikTok is a social media platform that lets users easily create, share and discover short-form videos. It’s been around for about 5 years now, and it has over 1 billion users worldwide. TikTok is one of the most popular apps in the world, but most people don’t know how much money you can make by creating content on TikTok.

Can you make money on TikTok? – Yes! Many people make a living on TikTok with the TikTok creator fund and brand deals.

In this article, I’ll explain how much Tiktokers earn from their work on the app and show you some of the top stars who are making big bucks off their TikTok channels.

TikTok is a short-form video-sharing platform.

TikTok is a short-form video sharing platform. It was founded in 2016 by Bytedance, and it currently has over 1 billion users.

TikTok is a free app that you can download for iOS or Android. Once you’ve downloaded the app, you can post original content to your feed or watch other people’s videos and react to them with “hearts” or comments.

When you watch videos on TikTok, though, the app will still show sponsored posts from brands in between them (these are called “ad breaks”).

How much can you make on TikTok? 2

TikTok launched a Creator Fund in 2019, which pays content creators.

TikTok launched a Creator Fund in 2019, which pays content creators. The goal of the program is to encourage people with large followings to keep producing videos on TikTok and help them grow their audiences.

The Creator Fund gives users who have high view counts and follower counts (based on either their overall following or the number of views they’ve received over the past month) access to paid features like Super Broadcasts and Super Chat.

It’s not a profit sharing program; instead, it pays out when you meet certain thresholds based on how many followers you have. (source)

Top TikTok stars include Addison Rae, Charli D’Amelio, Loren Gray, Zach King and Spencer X.

TikTok is a free app that allows users to make short videos or vlogs. The platform is home to millions of creators who post content daily and share it with their fans.

How much can you make on TikTok? – The best TikTok stars are able to earn hundreds of thousands of dollars per month from their channel, while others make a living by posting sponsored content (i.e., paid advertisements).

Here are some top TikTok stars:

  • Addison Rae (1M followers)
  • Charli D’Amelio (2M followers)
  • Loren Gray (2M followers)
  • Zach King (11M followers)
  • Spencer X

TikTok’s most popular users make the bulk of their income from sponsored posts for other brands.

How much can you make from sponsored posts?

TikTok’s most popular users make the bulk of their income from sponsored posts for other brands. These are called brand deals, product placements, and influencer marketing—and it’s an increasingly common way for YouTubers to earn money online.

On TikTok, there are two types of brand deals: ones that require payment up front or in advance (also known as pay-to-play) and those that don’t require any upfront payment but only take a cut based on views (referred to as pay-to-view).

A sponsor may request that their content be shown first in your video or at the end of it in exchange for offering you compensation. If you’re interested in pursuing branded partnerships with brands on TikTok, check out Promoted by TikTok for tips on how to set up your account correctly so you get paid correctly when someone watches a video with their logo in it!

The top stars can earn thousands or even tens of thousands of dollars for a single sponsored post.

In the past, many of the top TikTok creators have made thousands or tens of thousands of dollars per sponsored post. Some have even made millions!

These days, it’s much harder to make this kind of money on TikTok because advertisers are less willing to spend big bucks on influencers. But it’s still possible—if you’re one of the top creators in your category, you might be able to make a few thousand dollars per post.

If you’re just starting out as a creator and haven’t built up an audience yet, expect to earn between $0-$100 per month until then. If your videos catch fire with viewers and build up momentum over time, however, you could eventually earn more than $1k per month for posting content regularly and creating compelling videos that get lots of views (and attract sponsors).

Today, you can only give tips during live broadcasts.

Now, you’re probably wondering how to earn tips on TikTok. The answer is that you can only give tips during live broadcasts. This means you have to be broadcasting an original video or a reaction video at all times in order to collect your rewards.

Tips are not a reliable source of income on any social media platform. They’re not even much of a reward all the time! If someone likes your content and wants to show their appreciation, they will likely follow you instead of tipping you money (which is what coins and hearts are).

The amount of tips that one receives varies depending on several factors: whether they have enough coins/hearts saved up; how many people watch their videos; if the user is popular enough; etcetera…

Josh Richards has been able to negotiate several deals based on his audience size.

Josh Richards is an example of how a TikTok user can make money. His channel, JoshRichardsTV, has over 1 million followers and he’s been able to negotiate several deals based on his audience size.

How much can you make on TikTok? 1

“It’s pretty common for myself and other creators like me to be approached by companies who want us to do sponsored content,” says Richards. “Sometimes it’s paid upfront, but most often it’s a revenue-share deal where I get paid 50 percent after the video hits certain viewership milestones.”

Tipping as a feature could bring in even more money for creators.

TikTok is a social video platform with over 200 million monthly active users. In 2019, the company launched a Creator Fund to pay content creators. Creators earn money from the ads that run on their videos through the app’s revenue-sharing system, which works similarly to YouTube’s Partner Program.

But could TikTok make even more money if it offered tipping as a feature? Tipping is already used on some apps like Instagram and Reddit (both owned by Facebook).

With enough followers on TikTok, you can earn real money.

You can earn money on TikTok by purchasing ads and sponsored posts. But the best way to make real cash is by creating your own content, which you can then sell through the platform. This is where things get more complicated; TikTok will take a cut of your ad revenue, but it varies depending on how popular your account is. You’ll also have to pay for post production costs like editing software, camera equipment, etc., as well as any other expenses associated with making videos (music rights costs).

So how much can you expect to make? It depends on how many followers you have and how often people watch your videos. On average, users earn about $4 per 1,000 views—which means that if 10 percent of viewers clicked “thumbs up” or purchased an item from one of our sponsored ads (like hot sauce), we’d be looking at approximately $40 in earnings per video!

Conclusion

If you’re looking to make money on TikTok, you need to put in the work. It won’t happen overnight and it won’t be easy. But if you want it badly enough and are willing to put in the time, then there’s no reason why you can’t make some decent cash from your videos.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. Learn new skills for FREE with Skillshare

I SUCK reading books to learn, but I LOVE online video courses.

Every month I learn something new. Editing, writing, video skills, how to cook, how to run a business – even how to meditate to calm a busy mind.

I find all of these for FREE with Skillshare – Sign up, pick all the courses you want and cancel anytime you need.

5. Shutterstock helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

Categories
FACEBOOK HOW TO MAKE MONEY ONLINE SOCIAL MEDIA YOUTUBE

Making Money on Facebook Marketplace

Making Money on Facebook Marketplace 2

Facebook Marketplace has been something of a revelation for many people, combining the convenience of sites like eBay and Gumtree with a distinctly more localised approach. Many people prefer to sell one-off items on Facebook because of how easy it is to find buyers nearby. And the same goes for buying things—it’s often more appealing to look in your local area for something you could perhaps walk to pick up, rather than something that might have to be shipped across the country. But what about something a little larger in scale?

In other words, can you make money on Facebook marketplace? Like, real money. Not just a bit of extra change for some old items you don’t need anymore.

The answer, of course, is yes. As long as you have something to sell, you can certainly make money on Facebook Marketplace. As for getting items to sell, we’ll leave that for another post, as it can be quite an in-depth topic in its own right. But, whether you buy items in bulk, import from China, or even make the thing you’re selling yourself, we have a slew of tips to help you ensure that product gets sold.

And, if you are just selling one or two items you don’t need anymore and have no intention of making this a regular thing, read on! These tips should still be useful for you.

What You Should Know About Facebook Marketplace

Before we get started, let’s cover a few basics about Facebook Marketplace for anyone who is new to it, or wants a little refresher course. The Marketplace is open to anyone who has a Facebook account and is not in trouble for breaking any of Facebook’s rules.

For the most part, there are no restrictions on the types of things you can sell. The exceptions to this include anything that is illegal, weapons or explosives (even if they are legal where you are), and anything that would require the buyer to be a legal adult, such as alcohol. Oh, and animals. You can’t sell animals.

Finally, you can’t sell services. That means you’re not allowed to offer something like car washing, dog grooming, house painting, or anything else that doesn’t involve money being exchanged for an item.

Making Money on Facebook Marketplace

Tips for Making Money on Facebook Marketplace

Now, onto the tips. We’ve put together six tips we feel will give you the best chance of a successful sale on Facebook Marketplace.

Presentation is Everything

Often the first mistake people make when selling things on Facebook Marketplace is being too casual with their listing. This can seem a little paradoxical because one of the reasons Facebook Marketplace is so popular is the decidedly local feel it gives. It’s a lot more like selling something to a neighbour at a garage or car boot sale than it is taking your items to auction.

Still, even with that in mind, it pays (literally), to put a little effort into the presentation of your item when you make your listing. Potential buyers may know that they are buying a second-hand item from a neighbour, but given two identical items for the same price, they will nearly always go for the one with the nicer photos. Here are some sub-tips for making sure your photos are up to scratch.

Clean Your Item

Firstly, give whatever it is you are trying to sell a bit of a sprucing up. If it can be cleaned, clean it. We’re not saying you should turn it into a full restoration project, but a bit of wipe or dust down will usually go a long way.

Of course, it’s important not to damage the item, so be careful about what you clean it with, as many cleaning products will have some materials they are not meant to be used on. And, if the item is somewhat fragile, such as an antique of some kind, it might be best to leave it well enough alone.

Stage Your Photo

Making sure the thing you’re selling is presentable is only half the battle, if the pictures you take don’t show the item off in all its glory, it can the same effect as not sprucing it up a bit before taking the pictures.

Always make sure you have good lighting when you take your photos. You don’t need to buy a professional lighting rig for this—everyday sunlight will do just fine. The placement of the lighting is important, too. If you have a lot of light behind the item, it will make it hard to see. Also, try and get the item in front of as plain a background as possible. If the background of the image is too busy, that also makes it harder to see the item.

Take Multiple Photos

So you’ve cleaned your item up and you’ve staged the photo perfectly… now what? Well, you certainly shouldn’t just sit back and admire your handiwork. Get the camera back out and snap a few more pictures from different angles.

Not only will having more pictures increase the likelihood of someone purchasing your item, but it could also save you time in responding to questions from potential buyers. If there are any points of interest on the item, try to include them in a picture. For example, if you are selling something electronic, try to include a picture that shows any stickers or stamps regarding voltage or classification information.

Making Money on Facebook Marketplace 1

Make Your Description Useful

It can be easy to skimp on the descriptions when selling on Facebook Marketplace. After all, you’re not writing a product description for a professional store, are you?

Leaving aside the fact that a lack of information—or badly written information—is a turn off to some, this is another situation where you should put a little extra effort in to save yourself some time in the long run. If the listing does not answer the obvious questions about the item you are selling, either through the pictures or through your description, you will almost certainly get interested parties messaging you to ask.

Use Keywords

Keywords may not be the kind of thing you’d associate with what is essentially a classified listing, but they shouldn’t be overlooked. Facebook does its best to make sure any bargain hunters on the marketplace find what they’re looking for, but there’s no sense in making it harder than it needs to be.

Make sure your listing contains any important words. For example, if you are selling a used video game for the PS4 console, your description should, at the very least, include the words “PS4”, “game”, “console”, and “used”. Also, while we’re not sure how much of a difference it makes to Facebook’s search algorithm whether the description is well-written or not, you should try to write the description clearly anyway for the sake of the potential buyers who are going to be reading it.

Be Honest About Your Item

Being honest about what you are selling is important for several reasons. Firstly, it’s just morally wrong to lie about what you’re selling. If that’s not enough, however, there’s also the fact that it could lose you sales. You might fool someone, but someone who knows the item might be able to spot the lie. And, finally, lying would be a shortsighted way to make a sale, as you would then have a reputation for it, which would make it harder to sell items in the future.

List Items Individually

Don’t group several items together for convenience, because it makes them harder to sell. Now, we’re not suggesting you sell an Xbox gaming console and its power supply separately, but if you had a dozen Xbox games to sell, grouping them may make it harder to get a sale, as the buyer will have to be willing to purchase all of the game rather than just one of them.

Price Your Item High (But Not Too High)

Don’t go crazy, but pricing your item a little higher than you’re willing to sell it for will give you a little barter room. Many buyers on Facebook Marketplace like to haggle the price down and are more likely to buy if they can get a bit of money knocked off. Adding a little on allows you to get the price you’re after while letting the buyer feel like they’ve got themselves a better deal. Of course, if you price it too high, most buyers will just keep on browsing straight by your item.

Final Thoughts

Facebook Marketplace is certainly more of a tool for selling things you no longer have a use for but could still be useful to someone else, like electronics you have upgraded from, or old furniture. That being said, it is still a viable business tool, as you can sell almost anything on there, and that includes products you stock.

As with any marketplace, presentation is most of the battle. Make sure your descriptions are accurate and give the buyer all the information they need, and make sure your pictures are clear and show all parts of the item that might need to be seen.

Categories
FACEBOOK HOW TO MAKE MONEY ONLINE SOCIAL MEDIA

Can You Make Money on Facebook Videos?

Can You Make Money on Facebook Videos? 3

Facebook remains something of an untapped resource for many when it comes to making money from your video content. YouTube is obviously the most well-known option for regular video content, Twitch might be your go-to if you’re a streamer, and there’s a myriad of other places to check out, like Vimeo, Instagram, and more. But Facebook has an understandable reputation as a platform for keeping in touch with your friends and family.

And Facebook is great for that. But there’s a lot more you can do with it.

Facebook has been making serious inroads into the video content space and a natural part of becoming a platform for releasing video content is giving content creators a reason to put content out on their platform. The main incentive, of course, is the ability to generate revenue from your content.

Can You Make Money on Facebook Videos? – Facebook has a monetization system that will run adverts on videos and offer branded content on pages. There are multiple levels and various requirements to qualify.

Let’s dive in.

Video Content on Facebook

There are a few ways to get video content on Facebook, and each one has very different use-cases. There is, of course, the standard method of posting a video to your wall or page. Facebook supports video files up to 10 GB in size with a maximum length of 240 minutes, so it should be sufficient for the vast majority of content creators. Video resolutions are limited to 1080p at the time of writing, however, so if you are looking to put 4K content out, you will need to look at other platforms. In most cases, however, even 4K content producers will be able to put a 1080p version of their videos on Facebook without it negatively affecting things.

Another way to get video content on Facebook is by using Facebook Live. This is Facebook’s live broadcasting solution and allows users to instantly start streaming to their followers (and other Facebook users) with hardly any setup needed. Facebook Live is heavily geared towards people switching on their phone camera and holding what could be termed as intimate live streams with their followers, but it is certainly suitable for more traditional live streams. Facebook is even taking steps to make this side of things more accessible for a wider range of live streamers, such as their Facebook Gaming push.

There are also Facebook Stories, which are Facebook’s answer to Snapchat—short videos that only exist for a brief period before disappearing off into the ether.

Monetising Video Content on Facebook

There are many ways to monetise your Facebook video content, and we’re going to start with Facebook’s own mechanisms. As with any platform, Facebook’s monetisation has certain criteria that you will need to meet, but don’t worry, we’ll give you all the information you need.

In-Stream Ads

In-stream ads are probably the most recognisable way to monetise video content, so it makes sense that Facebook would offer this on their platform. These ads can show up in a number of ways, including before the video (pre-roll), and during the video (mid-roll).

For the most part, these ads will work exactly how you’d expect them to, though mid-roll ads work slightly differently for Facebook Live videos. As Facebook want to cause as little disruption to the live viewing experience as possible (but, obviously, still show the ads) these ads will take over the main video window, but the live stream will continue playing in a smaller floating window, so the viewers don’t miss any of the action.

As per Facebook, these types of ads are suitable for longer content and content that is “suitable for advertisers”, meaning you’ll probably miss out on that ad revenue if you are making content about controversial topics. Facebook will automatically look for natural breaks in the content to insert ads, and your pay is determined by things like how many views the video gets, and who is advertising on it.

Can You Make Money on Facebook Videos?

Fan Subscriptions

If you are familiar with services like Patreon, or features like YouTube Membership, you will understand Facebook Fan Subscriptions. This feature allows Facebook users to support you by contributing recurring monthly payments. In exchange for these payments, as well as supporting content they like, these users will get a special badge, as well as other perks and discounts.

This option is not limited to video content, of course, as anyone on Facebook with a big enough following can enable fan subscriptions, but if you are producing video content on Facebook, this is certainly a way to monetise that content, as well as any other content you happen to produce.

Branded Content (Brand Deals)

Branded content is Facebook’s version of what you might call a brand deal in other places. Essentially, you, the content creator, strikes a deal with a brand where they will pay you to promote them. These are different from sponsored videos in that they will typically cover a period of time, or set a number of videos.

Facebook facilitates these deals for eligible channels, aiming to bring suitable brands and content creators together… and taking their cut of the deal, of course. That being said, there is nothing to stop you from striking up brand deals yourself. This can be a little trickier, as you will need to be able to market yourself to the brand, and any legalities will have to be taken care of, but for those that can do it, it will often mean more money than going through Facebook.

Subscription Groups

Subscription groups are essentially a group version of fan subscriptions, and allow fans to join smaller, more exclusive groups with the creators they want to support. Like fans subscriptions, subscriber group members will get special perks.

Can You Make Money on Facebook Videos? 1

Selling Merchandise

Moving away from Facebook specifically, there will always be ways to monetise your content if there is a big enough following, whether that content is on Facebook, YouTube, your personal website, or anywhere else. One such method is selling merchandise.

Granted, this doesn’t work for every type of content creator, as not every niche lends itself well to merchandise. If you are a content creator in a niche that does lend itself well to merchandising, however, you can certainly monetise your content this way.

Third-Party Subscriptions

Facebook may offer fan subscriptions, but you are in no way obligated to use them if you want to offer this kind of option to your viewers. Indeed, with Facebook’s eligibility criteria (more on that below), many content creators don’t even have the choice in the first place.

Services like Patreon do not have any eligibility criteria regarding the number of views you get, how much watch time you have over a given period, or how long you have been on the platform.

Now, we’re not saying that signing up for a Patreon account will automatically lead to the money rolling in. You still need to have a decent following to take advantage of this kind of service, and in most cases, people who don’t meet Facebook’s eligibility criteria probably aren’t missing out on much in the way of revenue. But there are always exceptions, and if you are such an exception, don’t feel like Facebook’s monetisation solutions are your only options.

Promoting a Product or Service

In this day and age, many content creators have other things on the go. This might be the aforementioned merchandise line, some kind of product or endorsement, an online course, or even public appearances, such as professional speaking, stand up comedy, or music gigs.

If this applies to you, try not to see your video content as a single entity that has to be worth your time in its own right. Consider how many of your viewers might become customers or fans of your other ventures as a result of your videos, and don’t discount that value.

Of course, you will need to take steps to make sure your viewers know about your other ventures.

Can You Make Money on Facebook Videos? 2

Facebook Eligibility

Eligibility for the various Facebook monetisation options we have mentioned varies a little depending on the specific type of monetisation you are going for, but, for the most part, you should expect to have to meet the following criteria if you want to take advantage of Facebook’s native monetisation;

  • Adhere to Facebook rules, standards, and guidelines
  • Have at least 600,000 watch-minutes over the previous 60 days
  • Have at least five active videos
  • Have at least 10,000 page followers
  • Reside in an eligible country

Other criteria include at least 60,000 of the 600,000 watch minutes being live video minutes if you want to monetise live videos.

Final Thoughts

Facebook seems committed to making it as easy as possible for content creators to monetise their video content on the platform. And it makes sense—the more money you make, the more they make. That being said, you should never feel as though Facebook’s monetisation solutions are your only option. As long as you have an engaged following for your videos, there will always be ways of monetising that content.

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Can You Make Money on Facebook Groups?

Can You Make Money on Facebook Groups? 2

Facebook Groups are rapidly emerging as a powerful tool for promotion, revenue generation, and social interaction, of course. Still, while that last point may be obvious, and most people will be able to see the promotional potential of Facebook Groups, monetisation is a little less intuitive.

Can you monetize facebook groups? Yes! In fact there are so many little tricks to monetize a facebook page we’ve made a list!

That’s why we’ve put together this post to illustrate the many ways you can monetise your Facebook Group, as well as a few ways to ensure your group succeeds.

Let’s dive in.

10 Ways to Monetise Facebook Groups

It should be noted that some of these suggestions will only work if you are an admin of a group. Now, in no particular order;

Can You Make Money on Facebook Groups?

Promote Products

If you’re a member of a popular group (and, of course, if you are the admin of one), you could use it to promote any products you sell. Of course, you will need to make sure the group in question allows promotion, and if it does, there will probably be guidelines you will have to adhere to.

Remember to participate in the group beyond just promoting things. People tend to react poorly to someone who only ever contributes to a community for selfish reasons, and you will likely find you get better results if you participate.

Build a Reputation

If you have an area of expertise that you plan to turn into a career of some sort, you can start laying the groundwork for that future in a Facebook group! Let’s say for argument’s sake that your area of expertise is something technical like machine learning. You could find an appropriate group and start helping others with their problems, gaining a reputation as an authority in the subject matter. Then, when you decide to try your hand at something a little more professional, such as freelance work, or even a YouTube channel, you will already have a group of people who know you are the real deal.

Remember, the Internet has made it possible for more people than ever to try their hands at things that would normally have needed a formal education. But there will always be a place for people who know what they are talking about and are willing to offer a helping comment.

Charge Membership or Subscription Fees

If you are running a Facebook that is particularly useful to its members, you could start charging membership or subscription fees to join. Bear in mind that your group will have to be something special, offering things that your prospective members wouldn’t be able to get elsewhere.

In order to do this, you will have to set your group to private and invite only, and then set up your own way of handling payments, as Facebook does not currently offer this option.

Earn Advertising Revenue

On a similar note to the previous suggestion, a popular group will likely be of interest to advertisers. Those advertisers could go through Facebook’s own advertising platform, of course, but that platform does not currently offer a way for advertisers to target specific groups. As the admin of a group, you can provide that option for your group.

Again, you will have to deal with the mechanics of this one by yourself, as Facebook does not provide the tools to do it.

Can You Make Money on Facebook Groups? 1

Collaborate With Brands

One-off advertisements are fine, but striking up a deal for ongoing collaboration with a brand or company offers much more stability in your revenue stream. Once again, this is something you’ll have to arrange yourself. You will need to be able to show any potential brand that your group is worth collaborating with. It can also be useful to have some ideas to present to said brand for how the collaboration could go, such as running competitions.

Dabble in Affiliate Marketing

Affiliate marketing allows you to make money from product or service promotion in much the same way that advertising does but in a less intrusive manner. Affiliate links and promotions will typically fit into the general flow of the content in a group, offering the members something of value. An example of this might be providing an Amazon Affiliate link to a product that’s been discussed in the group. The members will not have to pay anything extra (indeed, many affiliate programs offer special deals for affiliates), and you will make a little extra case from each sale.

Accept Donations

It may not be the most reliable way to monetise your Facebook group, but if you have enough members and they are engaged and active enough, you could consider accepting donations.

Of course, this suggestion assumes you are an active participant in the group and that the members can see the value you bring. If you just started the group but don’t really do much from day to day, you may struggle to find anyone willing to donate.

Offer Consultancy Services

If you establish yourself as an authoritative figure on a particular subject, you could parlay that reputation into a career in consultancy work. With today’s fast-paced world of development and creation, people and companies are often branching out into areas they aren’t necessarily familiar with. In these cases, they might not want to hire an expert, but that doesn’t mean they won’t benefit from an informed opinion.

Network

Whatever your intended career going forward, you can probably benefit from a little networking. Whether it’s just people in the same niche as you or people in positions of influence who can be of direct help to your career, getting involved in communities like this can present opportunities that you wouldn’t otherwise have had.

Can You Make Money on Facebook Groups? 3

Sell Your Group

Now, this is explicitly against Facebook’s rules, so we have to say that we do not recommend you do this, but selling popular groups is a thing that happens, and it can be very lucrative. Especially if you develop a knack for building popular groups and can do this on a regular basis.

Again, this is against Facebook’s rules, so you take a risk by doing this. That being said, there’s no way for Facebook to catch you unless you make a big deal out of it.

5 Tips for Helping Your Group Succeed

We won’t dwell on this section too long because advice for making your Facebook group succeed deserves a post of its own, but here are some tips for making sure your Facebook group thrives.

Keep Engagement High

Engagement is the lifeblood of a successful Facebook group. Regardless of what your ultimate goal for the group is, you’re going to want active members who are commenting and replying and reacting to the content.

One way to ensure engagement stays high is to post engaging content yourself, as well as draw attention to popular posts by other members.

Promote The Group

If you want the group to succeed, you need to get the word out. You could advertise if you’re prepared to throw some money at the problem, but if not, you’ll need to do the leg work and get out there yourself.

Other groups are a great place to promote (as long as the group in question allows that kind of thing), but you can also take it off Facebook and get the word out that way. Just remember not to spam, as that will almost always have the opposite of the desired effect.

Foster a Welcoming Atmosphere

If you want people to join and participate in your group, you need to foster the kind of atmosphere that encourages it. What kind of atmosphere that is will heavily depend on the type of group you are running. You can enforce the atmosphere you want with things like rules, temporary (and permanent) bans, and, of course, comments.

Be an Active Participant

We’ve already touched on this in the “keep engagement high” section, but it’s important enough that it deserves its own section. You should be active in the group, encouraging conversation, drawing attention to good posts, and generally keeping everything going.

Encourage Members to Invite Others

Promoting a Facebook group doesn’t have to be a one-person operation. Once you start to build a membership base of engaged users, you can gently encourage them to do a spot of promoting themselves.

We’re not suggesting you demand they go on a full advertising campaign, of course, but things like sharing the link with friends they think will be interested and other low-effort activities.

Final Thoughts

Facebook Groups are not the most obvious thing that springs to mind when you think about options for generating revenue online, but they are certainly an option.

That being said, we have to admit that the biggest monetisation potential for Facebook Groups involves them being used in conjunction with other things. For example, using your Facebook group to drive traffic to affiliate links or services you offer elsewhere or promoting products or services within the group. The options for monetising a group using official Facebook channels is extremely limited, but there is every chance that will change as the platform evolves.

Watch this space.

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Top 30 Side Hustles for Students

Top 30 Side Hustles for Students 4

Being a student isn’t easy, and one of the biggest hardships you will face as a student is finding the finances to do things like… well… eat. Fortunately, the has never been more opportunity for students (or anyone, for that matter) to make a little extra income on the side.

In the interests of making life a little easier for our intrepid knowledge seekers and future leaders, we’ve put together a list of thirty side hustles that students can help make life a little easier while you are putting yourself through higher education.

Start a YouTube Channel

YouTube has made many people rich, and even though those people are a huge minority, there are many many more people who make a respectable side income from the platform.

And, given the popularity of YouTube, there is no shortage of advice out there to get you started. You can even start right here! You can create a channel around something you are passionate about, something you are knowledgeable about (both is a bonus) or even what you are studying.

Start a Blog

Essentially the same premise as starting a YouTube channel, just with written words instead of video! As with YouTube, you can start a blog about anything you have a passion for, special interest in, or knowledge of. It could be the subject you are studying, your favourite genre of movie or novel, or just weird facts from around the world.

If you have a talent for telling an interesting story, you can put that talent to work in blog form.

Offer Dog Walking Services

You don’t need to limit your side hustles to things online, of course. One example of a real-world side hustle is dog walking services. Pet dogs are more popular than ever, but that popularity, unfortunately, coincides with a time when more of us are out working than ever before.

Enter the intrepid dog walker.

If you like dogs, you could make a respectable side income by taking several of the furry little critters out for walkies, giving their owners some peace of mind in knowing that their best friend isn’t being neglected at home.

Become an App Tester

A lot of effort goes into making apps work, but all the effort in the world won’t make up for a lack of user feedback. App developers naturally would rather get that feedback under controlled circumstances, rather than putting an app out and waiting for the negative reviews.

That’s where app testing comes in. There are many services that provide the opportunity to be an app tester, here are a few of them;

Top 30 Side Hustles for Students

Become a Secret Shopper

Secret shopping is the kind of side hustle that will sound like a dream come true to the right kind of person. Also called “mystery shoppers”, these are people who are paid to shop in stores or eat in restaurants with the hidden agenda of collecting information.

There isn’t a great deal of financial rewards for this side hustle, but you will typically be reimbursed for your purchases.

Take Paid Surveys

One of the older and more well-known side hustles of the Internet age is the paid survey. Exactly as the name suggests, paid survey companies will pay you a modest sum to complete a survey, with your answers being valuable to market researchers and other similar parties. Here are a few paid survey sites to get you started;

Become Part of the Machine

If you don’t have a particular skill or interest in mind for your side hustle, you could take a more generalised approach with something like Amazon’s Mechanical Turk. This is a service that operates on the principle that humans are still better than machines at some things. Essentially, people who need a large number of small tasks doing (things like tagging images) can sign up and do just that.

Offer Online Tutoring

If you’re a student, it’s safe to say you’ve at least done well through primary and secondary education. That’s great for you, but there are millions of children (and adults) who are struggling with this very thing.

You can offer online tutoring in subjects like maths. Or, if you have particular areas of expertise, you could tutor in those as well.

Start an Online Course

On the subject of areas of expertise, if you are particularly knowledgeable in something, you could create an online course around it. Again, this could be something you are just good at, or it could be something you are studying, perhaps offering an introductory level of education to a subject that you are studying at an advanced level.

Sell Old Items

Granted, you wouldn’t be able to keep selling old items forever, but there are several apps (and, of course, eBay) designed to make it easy for you to find a buyer for some of your old things, from clothes to gadgets.

Become a Reseller

Essentially, the difference between someone selling old items and this suggestion is that you will be first seeking out items to sell before you can sell them. This might mean scouring things like Facebook Marketplace and Craiglist for hidden gems, or it could even mean buying things in bulk to get the price down.

Top 30 Side Hustles for Students 1

Become an Affiliate Marketer

Affiliate marketing is the process of advertising someone else’s product in exchange for a “piece of the action”, so to speak. The most well-known example of this is Amazon Affiliates, where you can link to any product on Amazon and make a little cut of any sales you generate.

This side hustle works best if you have something to pair it with, such as a YouTube channel, or a blog, but really anywhere you can promote something will work. You could even go door-to-door… but we wouldn’t recommend it.

Sell Print-on-Demand Merchandise

Got a flair for design? There are many services on the Internet that allows you to create products like t-shirts, mugs, mouse mats, and other things of that nature with little more than a click of the upload button.

Again, this works especially well if you have a popular YouTube channel to base your products on, but if you can create compelling designs, you can certainly make print-on-demand merchandise a successful side hustle in its own right.

Sell Artwork or Photography

If you do have that creative flair mentioned in the last tip, you could always put it to good use in other fields, such as selling artwork and photography. A number of sites will let you upload stock imagery so that you can profit from the licensing of those images. Just remember that once you do this, you have no control over how the image gets used, so be careful what images you choose to sell.

Write an eBook (or a physical one)

When “write a book” is suggested, the first thing people tend to think of is a novel. Now, if you have it in you to write a novel, certainly give it a go. But as side hustles go, it’s not the most effective way to make money. Given the typical time it takes to write a novel combined with how long an average publisher takes to respond (probably to say “no thanks”), you might not be a student by the time you see any money from a novel.

But you can create eBooks (or regular books) that are non-fiction and centred around something you are an expert in.

Offer Proofreading and Editing Services

Don’t fancy writing a book? What about proofreading someone else’s? Most of us can put together a blog post, but we’re not all up to a professional standard with the technical aspects of our writing.

If you are confident in your command of the English language (or any language, for that matter), you can offer your services as an editor or proofreader, checking other people’s work for mistakes.

Become an Influencer

Granted, not everyone can become an influencer, but if you have an entertaining personality and you like being in front of the camera, becoming an influencer may be a viable option for you.

Influencers typically operate through social media platforms, such as—Instagram, or Facebook—and can earn money through brand deals.

Become a Ride-Share Service Driver

If you have a car, you could consider working for a ride-share company like Uber, or Lyft. Services like this give you the ability to have complete control over the amount of time you spend working on your side hustle—a kind of flexibility that is a must for busy students.

Become a Virtual Assistant

No, we’re not suggesting you be available 24/7 to respond to questions anytime someone says “Siri” to their iPhone or “Alexa” to their Amazon Echo. Websites like PeoplePerHour.com make it possible for you to find people who need certain assistant-like tasks completed, such as email management.

Review Apps and Websites

Similar to testing apps, there are also sites that will pay you to review apps and websites. We’re not talking about being paid to review something by the company that made that thing—that would be cheating. This is typically for sites that offer consumer information, and want a large number of honest reviews.

Become a Translator

If you know more than one language, you could find work as a translator. This will typically be written word translation, but you can certainly find verbal work as well. This could even be paired with our “transcribe audio” suggestion a little further down.

Top 30 Side Hustles for Students 2

Deliver Things

Similar to Uber (indeed, including Uber), there are companies that offer the delivery of things like food and other items, and they need people to make those deliveries. Unlike Uber, however, this work doesn’t necessarily need a car. It’s a common service offered in big cities and can be done on a bike.

Offer Cleaning Services

Many of us struggle to find time to keep our homes or workplaces as clean as we’d like, so why not take that load off someone’s mind by offering cleaning services! This sort of work can be done in the evening or on a weekend, so it shouldn’t affect your studies.

Sell Advertising Space on Your Car

Getting your brand in front of eyeballs is most of the battle for advertisers, but that’s good for you because it means you can get paid simply for letting advertisers use your car as an ad. Services like Carvertise will pay you as much as $500 a month to put ads on your vehicle.

Rent Out Your Car

Or you could rent out the whole thing! Car-sharing services like Getaround can connect you with people who need to rent a car, letting you earn a little extra cash. If you’re not using your car at the time, this one is a no-brainer.

Rent Out Your Parking Space

If you have a parking space you’re not using in a part of the world where it’s hard to find parking spaces (we’re looking at you, London), you could rent it out to someone, and put that land to good use.

Transcribe Audio

While speech-to-text recognition is getting better by the day, humans are still often needed to transcribe audio. You don’t need any particular skill for this, but being a good typist will make your life much easier if you decide to take on some transcription work.

Become a Freelancer

If you have a skill, you could just charge people to use it. Whether it’s copywriting, illustration, video production, and more And the good thing about freelancing is that if you like it, freelancing can always become a full career when you are done with your studies.

Become a Social Media Manager

If you have a knack for social media, there are plenty of people out there who do not that would be willing to pay you to help them grow their online presence.

Get a Part-Time Job

And, finally, the obvious one. From tending bar to stacking shelves, there is always the option to go out and get a part-time job, earning money the old fashioned way.

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Can You Make Money on Facebook?

Can You Make Money on Facebook?

The prevalence of social media in our lives has opened many doors to success that would scarcely have been dreamed of in the past. And, by “the past”, we could be talking as recently as fifteen years ago. But, while there is an abundance of success stories from platforms like YouTube and Instagram, Facebook rarely is rarely brought up in this regard.

Sure, Facebook is an important tool in getting success on other platforms—you have to promote those YouTube videos somewhere, after all—but what about a more direct approach? Can you make money on Facebook?

The short answer is yes. There are several ways to make money through Facebook, ranging from “a little extra cash” to “this is my job now!”. In this post, we’re going to outline a number of ways in which you can start earning cash through Facebook. So let’s dive in!

How to Make Money on Facebook

With well over two billion users and a well-established advertising platform, there is certainly plenty of money floating around Facebook to be shared. Here are nine ways for you to get your hands on some of it.

Become an Influencer

We’re starting here because this is probably one of the most common ways in which people want to start making money online these days—the influencer route. Making content for an army of fans and making money from that content is the present-day version of being a celebrity, though much more attainable than being the next Tom Cruise or Lady Gaga.

It’s not nearly as well advertised as things like Facebook’s advertising platform, but Facebook does have a system in place for content creators to make money directly, and it comes in three parts.

Can You Make Money on Facebook? 1

Brand Collaborations

Brand Collabs Manager is Facebook’s system for bringing together popular content creators and brands in a managed environment where everyone can feel safe from… well, safe from being ripped off.

Essentially, Facebook ensures the brand is getting a legitimate content creator with an active audience while making sure the content creator gets paid for their collaboration efforts.

In order to qualify for this, you need to have at least 1,000 fans on your page and at least one of the following; 15,000 post engagements or 180,000 minutes watch time over the last sixty days.

That being said, even if you don’t qualify for Facebook’s system, you can always make brand deals directly with brands if you have the audience and negotiation skills.

In-Stream Ads

Much like YouTube, if you are creating video content on Facebook and you are seeing high enough levels of engagement, you can benefit from in-stream ads, earning you a small amount of cash per impression or click.

The criteria for monetising your content in this way is to have a fan or business page with at least 10,000 followers, at least 600,000 watch-minutes across live, on-demand, and replayed videos, five on-demand or previously videos published, and you must meet their policy guidelines.

Fan Subscriptions

Fan subscriptions are essentially Facebook’s answer to services like Patreon, and other platform’s solutions like YouTube Memberships. The criteria for this is a little simpler than the other options; you need to have at least 10,000 followers and at least 250 returning weekly viewers.

Once you meet those criteria, your fans can choose to pay your a regular fee for exclusive content.

Promote Your Services or Business on Facebook

Moving on to more indirect ways of making money through Facebook, if you have a service to offer or a business you are running, Facebook is an excellent platform for advertising your wares.

Like any good advertising platform, Facebook puts a lot of effort into making it so you can get your ads in front of exactly the right kind of people because paying to show an ad to someone who is not interested in what you are offering is a waste of money. Their rates are competitive compared to alternatives like Google Adsense, and you can generate a lot of traffic using this method.

Can You Make Money on Facebook? 2

Crowdsource Your Blog

If you run a blog—or you are thinking of starting one—Facebook can be an invaluable resource for researching your posts. Now, we’re not suggesting you start ripping posts directly off of Facebook and claiming them as your own. That would be wrong.

Facebook is full of groups put together with specific purposes in mind, and those groups are populated by people who are ready and willing to give their opinions and advice. If you are a little stumped for ideas, you can always ask questions in a relevant Facebook group. As long as the group is active and has plenty of members, you’re practically guaranteed to get answers.

Sell Things on Facebook Market

If you’re more interested in selling goods—or even if you just want to have a clearout of some of your old stuff—Facebook Marketplace is an effective way to do so.

Facebook Marketplace is heavily location-based, making it easier to find things that are local to you. This lends itself well to sellers who are perhaps looking to move on something like furniture they no longer need, or electronics they have outgrown. If you are running a business, it can also be a good way to build a local customers-base.

Become a Facebook Marketplace Re-Seller

Facebook Marketplace works both ways, of course, and you can buy just as easily as you can sell. You will often find things cheaper on this platform because of the local nature. Sellers have more of a “garage sale” (or car boot sale if you’re in the UK) attitude towards their items.

This presents an opportunity for someone interested in selling items because you can often find things on Facebook cheaper than those same items would be on something like eBay, or Amazon. You can then buy those cheaper items from Facebook Marketplace and sell them on platforms like eBay and net yourself a little profit!

Find Bugs

The technology behind Facebook is obviously critical to the success of the platform. And, with so many people’s data being at stake, Facebook knows how bad something like a data breach or fatal error could be for business. For this reason, Facebook has a “bug bounty”, where they essentially offer a reward for users who can find problems with the platform.

You will need some technical expertise for this—we’re talking security flaws and other vulnerabilities in Facebook’s systems, not simply reporting a link not working. The above link contains all the details about what Facebook considers a legitimate vulnerability, but if you find one, the minimum reward is $500!

Become a Social Media Manager

If you have a flair for social media—and, of course, your talents extend to Facebook—you could market yourself as a social media manager. Companies, and even individuals, are increasingly willing to pay people to take care of their social media presence for them, growing audiences and keeping them out of trouble. If this is something you would be good at, Facebook presents a huge opportunity to make money. And you wouldn’t be limited to just one client in this line of work.

Create a Popular Facebook Group

If you have an area of expertise—whether it be a professional thing or an area of deep interest on an enthusiast level—you could start a Facebook group centred around that subject matter.

This will require plenty of active participation from you, sharing your expertise and encouraging others to do the same. Once the group has reached substantial numbers, it can be a powerful tool for promoting things. And you, as the founder and established expert of the group, will be in a prime position to take advantage of that.

Can You Make Money on Facebook? 3

Become an Expert

Of course, you don’t need to create a group to establish yourself as an expert in something on Facebook. Posting helpful content on your area of expertise will likely garner interest from those people who seek that knowledge, and that can be parlayed into something more profitable.

It could simply be a way to funnel traffic from Facebook to your website or business, but it could also be the start of something. For example, you could start out answering questions on Facebook, and then move onto a podcast or YouTube channel with your already-established user-base.

Final Thoughts

Like all platforms on the Internet, Facebook is an invaluable tool for making money. And, like most platforms, there are several ways to go about making that money. The trick is finding the method that suits you the most.

For example, if you do not like dealing with people directly—and especially if you are not a fan of negotiation—you should probably steer clear of selling things through Facebook Marketplace. Similarly, if you do not have expertise in developing online systems like Facebook, you probably shouldn’t put much hope in the Facebook Bounty program.

And, most importantly, remember that nothing happens overnight. With a few very lucky exceptions, Facebook success takes time and effort, so don’t be discouraged if you’re not rolling in money by the end of your first month!

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BUSINESS TIPS DEEP DIVE ARTICLE HOW TO MAKE MONEY ONLINE LISTS SOCIAL MEDIA TIPS & TRICKS YOUTUBE

Top 10 Side Hustles for YouTubers

Top 10 Side Hustles for YouTubers 1

People today understand more than ever the importance of diversifying when it comes to your source of income. After decades of financial crisis’ and global pandemics, younger generations are acutely aware of how risky it is to put all your eggs in one employment basket.

This has always been the case for YouTubers, of course. Since the beginning of YouTubers making money from their content, it has always been the advice for smart YouTubers not to rely solely on YouTube to pay their bills. Adpocalypses, changes to personal situations, and much more can make YouTube earnings evaporate in no time.

Of course, telling you that it’s important to spread your wings a bit financially is all well and good, but we want to go that extra step and give you a few ideas on where you can spread your wings!

With that in mind, we’ve put together our top 10 side hustles for YouTubers to dip their toes into (click here for side hustles for students). Never heard of a “side hustle” before? Don’t worry…

What is a “Side Hustle”?

A side hustle is defined as any job or occupation that is not your main job or occupation. In a traditional sense, an example of this might be someone working in a factory through the week and then doing a few shifts tending bar on the weekend. In this case, the bar work would be a side hustle.

Of course, things are a little more fluid these days, with the lines between side hustles and a “main job” being a little blurrier, but there is an emotional component that is strong these days than it once was. It is not uncommon for people who make their money online to have something that they consider a side hustle actually be their primary source of income!

Still, whether you classify something as a side hustle based on the money it makes you or how important that activity is to you, the basic premise remains the same; it’s a way of earning money that you consider secondary to another way of earning money.

How Much Money Can You Make With a Side Hustle?

The amount of money you can make with a side hustle will, of course, vary tremendously depending on several factors, such as what the side hustle is, how good you are at it, how much time you put into it, and more.

As mentioned above, how much money it makes does not necessarily affect its status as a side hustle. If you consider YouTube your “primary” hustle, you may well find one of your side hustles overtaking as your largest source of income. Our advice would be to not think too much about things like the exact amounts. As long as you’re making enough (whatever “enough” means to you), it doesn’t matter which hustle is making the most money.

How Do YouTubers Receive Their Money? 3

Don’t Think of it as a Side Hustle!

While you should get too hung up on the specific amount being made by any form of hustle, it’s important not to think of things as secondary, or unimportant. If your job involves making money on the Internet, you should consider all of it your job, whether it’s making the most or not.

If you start thinking of legitimate income sources as unimportant, you run the risk of letting them slip until they stop being legitimate income sources. You may think of yourself as a YouTuber, but if you have half a dozen side hustles, they will quickly amount to a significant portion of your income, so you probably literally can’t afford to neglect them.

Top 10 Side Hustles for YouTubers

That’s enough about what side hustles are, it’s time to get to our top ten side hustles for YouTubers. Of course, if you simply searched for side hustles and found this post, you aren’t a YouTuber, don’t stop reading. We’ve picked these ten side hustles because they work well with YouTubing, but they are perfectly viable side hustles for other walks of life, too.

In fact, if you see your main hustle on here (blog writer, or podcaster, for example), just swap that one out for “YouTuber” and keep on reading!

Oh, and a little side note about the YouTube Partner Programme, we haven’t included that in this list because we assume that if you’re looking to add side hustles to your resume, you’re already making money from YouTube.

#1 Affiliate Marketer

Affiliate marketing is perhaps one of the most well-established means of making money on the side for YouTubers. This is the process of promoting something in the course of your usual content and making a little money on the actions taken by your viewers.

The most well-known example of this is, of course, Amazon’s affiliate program. When enrolled as an Amazon affiliate, you will be able to get a personal affiliate link from any Amazon product. Viewers who happen to buy that product will not pay any extra—indeed, they wouldn’t even know it was an affiliate link if you didn’t tell them (more on that in a second)—but you will make a small commission on anything they buy through your links.

There are many forms of affiliate marketing available, as well as services designed specifically to facilitate linking companies with people like you. It should be noted, however, that you should always give some sort of indication to your viewers that a link you have put in the description or a product you are promoting in your video is something you are promoting as an affiliate. It’s not hard to find out, and viewers will be turned off by this kind of dishonesty. It could also get you in trouble with YouTube.

#2 Merchandise Seller

Whether you have some kind of merchandise that exists independent of your YouTube channel, or you start releasing merchandise that ties directly in with your YouTube channel, having that channel can be a great way to promote it.

Naturally, if your merchandise is tied to the channel (for example, t-shirts with the channel logo on them), you’re going to want to promote it from that channel. Alternatively, if you want to start (or already have) a small clothing line, you sell artwork, or you sell pretty much anything on a site like Etsy, you can leverage the popularity of your YouTube channel to give that side hustle a bit of a kickstart.

#3 Course Instructor

Many YouTubers have some area of expertise, even if their channel is not about imparting that expertise. These days, the administrative side of creating and hosting an online course to teach other people things is relatively painless. There’s still a lot of work in putting the course together, of course, but there’s a lot of work in running a YouTube channel, as well, and you’re not letting that stop you… are you?

Of course, if your channel is centred around educating, such as a DIY channel, or tutorials on coding, it will be much easier to translate that audience into an online course. But even channels that are not about teaching viewers something can take advantage of this side hustle, as long as the course is teaching a skill that is on display when you make your videos.

#4 Channel Manager

If you have a particular flair for handling YouTube channels, you might consider turning your attention to becoming a channel manager. Essentially, you would take on the management of other people’s channels, and handle almost everything except for the content itself.

Many people don’t have the time or desire to effectively manage their channel themselves, but proper channel management can make an enormous difference. As you will no doubt be aware of this is a side hustle you are considering.

The main thing to beware of here is letting this side hustle take over. A good channel manager will typically have several clients. And, while managing a channel doesn’t take nearly as much time as making content for it, it all adds up if you keep adding clients to your roster.

#5 Blogger

Bloggers may resent seeing their profession listed as a side hustle on a YouTube blog—especially since blogging was a viable source of income before YouTube—but don’t be mad; YouTube can just as rightly be called a side hustle for bloggers. And the good news is this makes sense whichever way round you look at it.

Essentially, you have something to share with an audience, and you are currently doing it in video form. By translating that content to written form, you can reach a whole new audience. Or you can make it supplemental, giving your YouTube audience something else to consume.

#6 Podcaster

In a very similar vein to being a blogger, you can get more of your message out in audio-only form through podcasts. And, again, if you are a podcast, you can easily look at this suggestion in reverse, with YouTube being the side hustle.

This suggestion works best for channels that already have a podcast-like feel, such as panel show channels, or interview channels. If you regularly put out hour-long videos that are mostly talking, you’re going to miss out on a lot of viewers purely because of the time requirements. Not everyone has that much free time to sit and watch YouTube.

Those same people might have an hour’s worth of commuting to do every day, or regularly go for a job and like to listen to something while they do. They might just want something to put on while they do a bit of cleaning around the home. If your content is already podcast-like, putting it out as a podcast will involve negligible work. And, if it succeeds, it could drive more traffic to your YouTube channel.

Of course, you can still make a podcast if your channel isn’t the kind of channel described above. As long as you have something interesting to talk about, you can find an audience.

#7 Produce Video Content

This one is a little trickier. As we mentioned above in the channel manager section, creating content for a channel is the most time-consuming part, so the idea of producing video content for others might not seem like the best plan.

While you could certainly produce video content for other YouTube channels, we’re suggesting something more specialist, such as making animations idents, or infographic clips. If you have a skill for this kind of thing, there will undoubtedly be plenty of people and companies that are happy to pay for your services.

#8 Stock Trader

This one doesn’t really tie in to you being a YouTuber unless your YouTube channel revolves around you being a stock trader, or talking about stock trading in some form. If this isn’t you, you can still get into stock trading (or currency trading), to earn a little (or a lot) extra on the side, just be sure you know what you’re doing. We categorically do not recommend anyone dabbling in the stock market without knowing what they’re doing beforehand.

#9 Become a Consultant

You don’t have to make content to take advantage of your expertise. Consultancy work is a great way for you to exploit your own knowledge while helping others. One example of this could be helping other YouTubers grow their channel (assuming you have proven yourself able to do this in the first place of course!), but it could just as easily be any other area of expertise you have.

#10 Champion a Cause

This one is kind of cheating. You won’t necessarily make any money from championing a good cause, but that doesn’t mean you shouldn’t do it. Whether it’s planting trees or donating to charities, you have the power to make an impact.

Final Thoughts

YouTube is undoubtedly a great platform for launching other projects, whether they are passion projects, side hustles, or even new careers. The list above is a relatively small selection of the possibilities for adding new hustles to your game, so don’t worry if none of the above work for you.

Of course, if all else fails, your side hustle could always be other YouTube channels.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. PlaceIT can help you STAND OUT on YouTube

I SUCK at making anything flashy or arty.

I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.

That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.

Best of all, some of their templates are FREE! or you can pay a small fee if you want to go for their slightly more premium designs (pst – I always used the free ones).

5. StoryBlocks helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

Categories
HOW TO MAKE MONEY ONLINE SOCIAL MEDIA YOUTUBE

Can YouTube Shorts Be Monetized?

Can YouTube Shorts Be Monetized? 1

YouTube has not been one to shy away from making changes in a bid to keep up with the competition in recent years. From giving YouTubers the option to provide paid memberships to their users as an alternative to services like Patreon, to adding live-streaming to compete with Twitch.

I recently dived deep into everything we know about YouTube shorts – One of their more recent additions is YouTube Shorts, which could be seen as a move to compete with the likes of Snapchat, Instagram, and even Facebook to a degree. Of course, in typical Google fashion, not everything they implement is clearly explained and easy to understand.

YouTube Shorts’ rollout left a lot of questions for users due to its almost unofficial system of placing a hashtag in the description. Things are more clear now, of course, but now that Shorts are a more integrated part of the YouTube platform, many users still have questions over the monetization aspect of it.

Yes, YouTube Shorts CAN be monetized! From 2023 YouTube will be adding adverts to YouTube shorts and revenue shared with creators 45/10/45 with the 10% being for music licensing.

What Are YouTube Shorts?

You might be reading this and wondering “what the hell is a YouTube Short?”, but don’t worry, we’re going to fill you in.

YouTube Shorts are essentially YouTube’s answer to Instagram and Facebook Stories. They are short videos—less than 60 seconds to be precise—that are intended for continuous consumption. In essence, YouTube wants viewers to sit and watch several Shorts one after the other, with the ultimate aim being to keep those viewers on the website for longer. Many of us will happily sit through a 10-15 minute video, and if YouTube can put the right Shorts in front of a viewer, that 10-15 minute window could see them viewing 15-30 Shorts (many Shorts are much less than 60 seconds). These videos are primarily made for mobile viewing, something that is evident when you look at the portrait aspect ratio. While regular YouTube is the kind of experience you can set up in front of your computer or laptop head off down the rabbit hole, YouTube Shorts is more of a “kill five minutes at the bus stop” kind of experience.

Where Is The Money?

If you think about this from a YouTube-centric point of view, you might notice a problem with YouTube Shorts when it comes to generating revenue. If the aim is to keep users watching these short videos, you can’t really go sticking advertisements in between because it will dramatically increase the chances of the viewer clicking away. YouTube knows this, of course, which is why they don’t run advertisements on YouTube Shorts.

With that in mind, where is the money coming from?

In short, the answer is nowhere. With no ad being run against YouTube Shorts, there is no money coming in for those views. It could be argued that there is some revenue coming from YouTube Premium users, but that money is coming in regardless. And, since there are no ads on YouTube Shorts, they are unlikely to bring in new YouTube Premium subscribers since the biggest attraction of that service is the removal of ads.

Why Have Shorts If There’s No Money In It?

Just a quick note; there’s no money for YouTube. YouTubers can still get paid, more on that below.

Ultimately, as much as we might like to believe that our favourite companies are acting in our best interests, all decisions ultimately come back to money. YouTube Shorts may not directly make YouTube money, but their inclusion has been judged good for YouTube’s bottom line in the long run.

The most obvious way this works is by exposing viewers to more content. As mentioned above, in the same amount of time you might take to watch one 15 minute video, you could watch 20 Shorts. The more content you watch, the better idea YouTube’s algorithm gets of what you like, and the more successful it can be at recommending content to you. That in turn increases the likelihood of you sticking around, which increases the opportunity to serve you ads. There is also an argument to be made that adding this alternative way of consuming media may attract users that wouldn’t typically spend that much time on YouTube, though we’re not sure TikTok will be quaking in their boots at the thought of YouTube Shorts.

YouTube Shorts Fund Explained

We’ve teased you enough. How do you make money from YouTube Shorts? Through the YouTube Shorts Fund. Since there is no revenue being directly generated from YouTube Shorts, YouTube has to create their own incentives for creatives, and they’ve done this in the form of the YouTube Shorts Fund.

This is a $100M fund set up to reward creators. Bonuses are awarded monthly to creators who have had success with their Shorts, with YouTube stating that they’ll reach out to “thousands” of creators each month to award between $100 and $10,000, which is paid directly into your AdSense account. There is no stated qualification criteria, such as a certain number of views, so the recipients of these bonuses would appear to be entirely at YouTube’s discretion at this stage.

There are some criteria you have to meet in order to be eligible for a YouTube Shorts Fund bonus, however;

  • Have uploaded at least one eligible Short in the last 180 days
  • Channel must abide by community guidelines
  • Channel must not be uploading unoriginal content or content with watermarks (like the TikTok logo)
  • Creator must be in an eligible region (see link above)
  • Creator must be 13 years (or the age of majority outside of United States)
  • Creators under 18 must have a parent or guardian accept terms and set up an AdSense account.

Channels do not need to be monetized in order to be eligible for the YouTube Shorts Fund, however, but you will still be eligible if you are part of the YouTube Partner Programme or an affiliate under a Multi-Channel Network.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. PlaceIT can help you STAND OUT on YouTube

I SUCK at making anything flashy or arty.

I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.

That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.

Best of all, some of their templates are FREE! or you can pay a small fee if you want to go for their slightly more premium designs (pst – I always used the free ones).

5. StoryBlocks helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

Categories
DEEP DIVE ARTICLE LISTS YOUTUBE

Top 7 Highest Paid Niches on YouTube

Top 7 Highest Paid Niches on YouTube

Anyone whose familiar with the topic of YouTube as a money-making opportunity will be familiar with the concept of niches.

If you’re not, all you really need to know for this post is that some niches are worth more to advertisers than others, and the more valuable a niche, the more revenue it has the potential to generate for YouTubers.

Choosing the right niche (or niches) is key to not only ensuring that your channel is financially successful, but also to ensuring that you can maintain the kind of momentum necessary to stick at it long enough to be successful. With that in mind, we’ve picked out seven of the highest paid niches on YouTube.

It’s best to pick a niche you are interested in, but that doesn’t mean you can’t lean towards a more valuable niche that you’re interested.

And now, in no particular order…

Affiliate Marketing

It probably shouldn’t come as a surprise that one of the best paying niches on YouTube is about another way of earning money.

Affiliate marketing—earning income through referrals—typically commands a CPM (cost per thousand views) of around $12 to $22, and is probably the highest paying niche available.

Because affiliate marketing is such a viable way to succeed, there is a lot of interest in affiliate marketing products and, as a result, a lot of interest in advertising said products And, because YouTube ads work on a bidding system, the more interest there is in advertising something, the more money those advertisements will generate.

Top 7 Highest Paid Niches on YouTube 1

Personal Finance

Our next pick, and something that you might see as establishing a bit of a trend on this list, is personal finance.

Being financially successful is about more than finding ways to make lots of money, you also need to manage your money well, and more of us are coming to learn that.

That’s where personal finance products come in. These might be anything from debt management consultations to services and software for tracking your finances. Videos making content in this niche can expect to see a CPM of between $4 and $12.

Business Advice

In much the same vain as the personal finance pick, business advice is also a very lucrative niche, often commanding CPMs in excess of $10. This one makes a lot of sense, as more and more opportunities for small businesses become accessible to regular people, more of us are looking to start a business of our own.

It could be a craft brewery, a 3D print on demand business, an Etsy store, or any number of other ways to start a business without hundreds of thousands in capital. But those people still need advice on running a business, which is why this niche is so competitive.

Drop Shipping

Very much continuing the theme of our last pick, drop shipping is a business model whereby a business owner markets and sells products that another company stocks and ships, that company being a drop shipping company.

This works to both companies advantage, as the smaller company does not need to worry about purchasing and storing lots of expensive stock, and the larger company does not need to worry about things like customer service.

This model of business has found a lot of success in the Internet age, and videos in this niche can expect to see CPMs in the region of $7 to $14.

Print on Demand

There isn’t a great deal to be said about print on demand that wasn’t said in our drop shipping pick because the basic business model is very similar, and so are the CPM figures.

Many drop shipping services will offer a print on demand component on some of their products, allowing companies to offer those products with their own branding.

Top 7 Highest Paid Niches on YouTube 2

Trading and Investing

It’s probably obvious to you now that all of the highest paid niches on YouTube are ones that revolve around finances in some form or another, so you shouldn’t be surprised to see investing and trading on here.

Videos on the hows and whys of investing, as well as tips for those brave YouTubers who are willing to put that information out there, do very well in their own right, but content in this niche that trading platforms, signal services, and the multitude of investing and trading related services and products can advertise on routinely see CPMs as high as $18.

Content Creation

Our last pick might not be the most lucrative in terms of CPM—typically around $5 to $10, if you were wondering—but it is probably the most relevant to anyone reading this post.

Content creation is big business these days, whether it is creating content on video platforms like YouTube, or making podcasts, writing blog posts, or any number of other ways to make things and put them out into the world.

Crucially, there is a seemingly endless supply of products, tools, and services to help people in their content creation endeavours, which means there is plenty to advertise about.

Final Thoughts

While the niches shown here are hot right now, this is very much a volatile marketplace, and there are so many factors that can affect it.

If you can find a niche you are comfortable working in and interesting in making content for, you are in the ideal position as a YouTuber, because you will enjoy what you do.

We understand that many YouTubers don’t necessarily have that luxury, however, and it is sometimes necessary to hunt for the niche that makes the most financial sense. As with most areas of online revenue generation, the best advice you can take here is to not put all of your eggs in one basket.

If you focus everything on one niche, and that niche takes a dive for some unforeseeable reason, you will find yourself in a sticky spot.

If you can diversify your content and tackle multiple niches in different areas, you stand a much better chance of withstanding any dramatic changes to any single niche’s popularity.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. PlaceIT can help you STAND OUT on YouTube

I SUCK at making anything flashy or arty.

I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.

That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.

Best of all, some of their templates are FREE! or you can pay a small fee if you want to go for their slightly more premium designs (pst – I always used the free ones).

5. StoryBlocks helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.

Categories
HOW TO MAKE MONEY ONLINE TIPS & TRICKS YOUTUBE

How to Make Money on YouTube Reviewing Products

How to Make Money on YouTube Reviewing Products

One of the great things about YouTube, both as a source of revenue and as a creative outlet, is that there are so many ways to be successful.

There are wildly successful YouTubers in just about every niche and making just about every kind of content there is. From gaming videos that are pure gameplay—no commentary—to in-depth guides on how to make an amazing home cooked meal. If you want to get a feel for what it is like to camp out in the wilderness with nothing but a knife, there’s content for that.

Want to see someone attempt to build a real-life Iron Man suit? There’s a video out there for you.

This wealth of variety is a two-way street, of course. Not only does it mean that you can find just about any kind of content you want, it also means you can make just about any kind of content you want, and reviewing products is one such type of content that can be both creatively fulfilling and financially successful.

What Are YouTube Product Reviews?

Product reviews on YouTube can cover everything from a “Top 10 Moustache Trimmers” list video to an in-depth review of a cryptocurrency marketplace.

The format can vary significantly, also.

When you think of YouTube reviews, you tend to think of videos where the YouTuber lays out the details of the product, perhaps talks about the kind of use cases you would want it for, and maybe even compares it to similar products. In reality, review videos can be ridiculously over the top or unconventional.

They can even be subtle in the sense that it is not immediately obvious that the video is a review, but nevertheless gives the viewer all the information that a review would give.

Many YouTubers have found themselves becoming unintentional product reviewers as an organic result of their channel’s subject matter. For example, there is a strong niche around camping on YouTube, and many camping YouTubers have found themselves spending whole videos talking about the gear they use after being asked repeatedly by their viewers to do so. The same can be said for musician YouTubers and their gear, and any number of other niches where product reviews were never the main purpose of the channel.

There is a limit to this, of course. For example, the “Will it Blend?” format of days gone by, where various products were thrown into a blender to see if they would blend, doesn’t really tell the viewer much about the product’s capabilities beyond being blended (though it was an effective marketing campaign for the blender itself).

As a general rule, a product review video should tell the viewer any important information they might want to know about the product—such as specifications—give the viewers some basis of comparison so that those less informed about the type of product are not left behind, and, usually, give some kind of subjective opinion. If we were to apply these basics to a video of a new mobile phone, you might include the following key sections;

  • The technical specifications of the phone
  • How those specifications stack up next to a similarly-priced phone
  • Your recommendations—who is the phone good for? Is it worth the money?

As we mentioned above, the actual presentation in which you get this information across is entirely up to you, and there is a lot of scope for creativity there.

How to Make Money on YouTube Reviewing Products

So, to the crux of the post; how to make money on YouTube reviewing products. Like the content of the videos themselves, there are many ways to monetise your product reviews.

We’re going to cover the main ones, but before we do, let’s go over some ground rules that apply to all the below.

Firstly, content is king. It sounds cliché, but it’s cliché for a reason. All the tricks in the world will only get you temporary success (if any) if the underlying content isn’t up to scratch.

However you decide to approach your product review videos, you should do your best to make sure the content is the highest quality you can achieve, both in terms of the contents and the literal quality of the video.

The next universal thing you do is be honest with your viewers when making sponsored content.

This applies to YouTubers of all stripes, but even more so when we’re talking about YouTubers who review products. If you have been paid to do a particular review, regardless of whether the review is 100% honest and not flattering at all for the product, even if all the company did was send you a free product to do the review with and aren’t actually paying you, you need to tell your viewers.

It might put some people off, but not nearly as many people as it will put off if they find out you have been getting paid to review products and not been up front about it. In some situations, this can also get you in legal trouble.

Finally, as we touched on above, make sure you give the viewers the information they came for.

There is nothing wrong with making content where you throw an iPhone in a blender or drop a laptop from water tower to see if it still works after, but if you want people to come to your channel for product reviews, you need to give them the important information somehow.

How to Make Money on YouTube Reviewing Products 1

A Basic Product Review Channel

With a basic review channel, you would be monetising your videos through the YouTube Partner Programme, earning revenue from the ads displayed on your videos. In terms of a pure views-to-revenue conversion, this isn’t the most effective way to monetise your content, but it is the easiest.

Your channel will need to meet certain criteria to be allowed into the YouTube Partner Programme, such as having at least 1,000 subscribers and 4,000 hours combined watch time across the whole channel over the last year, as well as some other criteria.

Relying solely on the YouTube Partner Programme will limit what you can review. For example, if you are reviewing fire arms, you probably aren’t going to be able to monetise that content using YouTube’s monetisation programme.

The same goes for things like tobacco products, adult toys, and host of other things that advertisers aren’t necessarily keen on their ads being displayed next to.

Affiliate Linking

The natural next step to monetising product reviews is affiliate linking. There is a multitude of affiliate networks out there; some may cover purely electronic goods, others may focus on healthcare products, for the purposes of this example, we are going to focus on by far the most commonly used affiliate programme; Amazon Affiliates.

Amazon Affiliates enables users to get a special link to Amazon products and pages that they can give to their viewers, and any time someone buys a product through one of those links, the affiliate gets a little cut of the profit. The price is exactly the same to the consumer, but some of the money is redirected back to the affiliate who shared the link.

This system works very well for product reviewers who are reviewing things you can buy on Amazon, since almost anything on the site can earn you affiliate revenue, and the mechanism by which you earn is quite organic. You review the product as if you would, and you casually mention that there will be links to the products in the description (while being honest about the fact that they are affiliate links, of course).

First Looks and Exclusives

This is a little more indirect, but if you can build up a good enough reputation, you can get your foot in the door for first looks and exclusive content.

You may not get paid directly for these, but having a first or exclusive look at a highly anticipated product can do wonders for your channel’s prestige, boosting your viewing figures and increasing your earning potential from the other methods of monetising your content.

If you do manage to get these kinds of exclusives, it is important that you abide by any non-disclosure agreements and other restrictions placed on your content as part of the deal.

Not only are you opening yourself up to legal problems if you don’t, you are pretty much guaranteeing you won’t get those offers again.

Final Thoughts

Product review videos are an excellent way to earn money through YouTube, in no small part because a love of the subject matter is not necessary for success (though some expertise is necessary). Honesty is perhaps more important than usual in for reviewers, however, since the risk of being caught lying is substantial. If it gets out that you are being dishonest in your reviews, you can essentially kiss goodbye to any hope of making money with product reviews on YouTube.

And, like all types of content on YouTube, the better the quality, the better your chances of success. Great quality videos aren’t guaranteed to succeed, but poor quality content is almost always guaranteed to fail eventually.

Top 5 Tools To Get You Started on YouTube

Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.

1. VidIQ helps boost my views and get found in search

I almost exclusively switched to VidIQ from a rival in 2020.

Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!

2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos

I have been making youtube videos on and off since 2013.

When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.

Big mistake!

I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.

That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.

Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.

3. Rev.com helps people read my videos

You can’t always listen to a video.

Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.

This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.

Rev.com can help you translate your videos, transcribe your videos, add subtitles and even convert those subtitles into other languages – all from just $1.50 per minute.

A GREAT way to find an audience and keep them hooked no matter where they are watching your content.

4. PlaceIT can help you STAND OUT on YouTube

I SUCK at making anything flashy or arty.

I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.

That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.

Best of all, some of their templates are FREE! or you can pay a small fee if you want to go for their slightly more premium designs (pst – I always used the free ones).

5. StoryBlocks helps me add amazing video b-roll cutaways

I mainly make tutorials and talking head videos.

And in this modern world this can be a little boring if you don’t see something funky every once in a while.

I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.

I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.

They have a wide library of videos, graphics, images and even a video maker tool and it wont break the bank with plans starting from as little as £8.25 ($9) per month.