How to Earn Money Online with Internet Technology

It is convenient, it is sleek, it is cute and it works leveraging internet technology to earn money online. If you’ve tried to earn money online, you may have been scammed a few times with over-hyped eBooks, webinars and get-rich-quick schemes. Well just take that as your learning process. You can actually earn good money online if you follow the rules and do what is legit. Any get-rich-quick scheme online is in most cases a scam. If it is too good to be true, it usually is. Never you forget that cliché.
 
If you’re interested in legitimate ways to leverage internet technology to earn extra cash, pay good attention to the following.

Market Yourself as a Brand

This is exactly how celebrities and sports personalities make good money with internet technology. But first, you must have an engaging personality and live for social media. If your personality becomes engaging enough based on what you do regularly on social media, you can monetize these activities and earn good income. By the time your social media accounts particularly on Instagram, Twitter or Facebook have very large following you become some kind of influencer. You earn money through products endorsements and recommendations to buyers. By fully establishing and building your online brand, you earn more income as your online following continues to grow.

Embark on Affiliate Marketing

If you provide content online, you can help promote affiliate links and earn commissions from sales made through these links. That is affiliate marketing. It simply means linking products merchants and buyers through affiliate links and you get paid commissions from sales made through the links you are promoting. A commission-paying affiliate is any product merchant that offers a commission for selling its products online. You can earn these commissions if you connect your followers/viewers to their products through blog posts, videos, email marketing, or social media accounts by way of affiliate links. When a click on these links takes a buyer to the product merchant’s platform to purchase a product, you earn a commission which is usually calculated as a percentage of the final sale.

Start a Blog for Money

If you know something or you have a skill that can benefit others, you can blog about it to grow a following. When your blog becomes hugely popular, you can use it to promote affiliate links and earn commissions on product sales. You can also use your blog as an influencer to endorse and recommend products and get paid handsome commissions for these efforts. If you are blogging for money, always make sure your blog posts are of high quality, educating and highly informative. Be sure that all your content is current and up-to-date when posting. That is what helps to build loyal and dedicated following for your blog. The more the following, the higher the income you earn from the blog.

Sell Photos Online

Photography is a great skill. If you have the skill, you can earn money online selling photos. Before deciding on which photos to sell, you must settle for a niche that you’re exceptionally good at then start creating images in this niche. Some good images to sell can include abstracts, city-life, scenery, buildings, and iconic structures and so on. The idea is to build up your portfolio until you have multiple images to post online to attract attention. Next is to decide on which platforms you’d like to sell the photos on. Many of these online platforms offer different incentives particularly on copyrights and payment methods. Depending on what you prefer, you can settle for pay-per-view or outright download payment offer and you earn money from your photos.

Teach Online Courses

Online teaching skills help to earn money. You can teach cooking skills, yoga and sporting skills, teach languages, offer language translations, teach music or playing a musical instrument and so many other skills that can benefit others. Many people have specific skills/talents they can teach. We all have specific talents we can teach others to earn some extra income online. What really matters is to ensure you market your skills in the right online platforms to help you earn money from teaching these skills. How you teach these skills can vary depending on your preferences. You may choose to teach these skills by way of online courses, Webinars, eBooks, or even a profitable blog dedicated to your specific talent/niche.

Start an eCommerce Store

You can run your own small business and make money online by opening your own store in an eCommerce platform. You can consider eCommerce dropshipping as a convenient business model. It is hugely popular with eCommerce stores owners. Dropshipping allows an eCommerce store owner to sell various products to its customers while the manufacturer/supplier handles the shipping part of the sales chain. It saves the eCommerce store the huge costs of warehousing, safety/security of the products and the cost of shipping. Thus, when a sale is made from the eCommerce store, the product remains in the supplier’s warehouse until they ship directly to the customer. To get started, you must first create a website, find a reputable supplier, and start posting.

Organize Periodic Garage Sales

This is one great way to sell off your extra junk online. Solid items you no longer need such as used furniture, clothes, tools, appliances, books, bedding, sports equipment and children’s toys etc. etc. are eligible for periodic garage sales. Periodically selling off such items online can be a hassle-free way to earn some extra money. If you search well online, you can locate many websites that allow users to post items free of charge, complete with photos and a description. If you’re looking for a local seller, find an online platform that caters to your area. To sell unique or specific collectors’ items like antiques, paintings and rare photographs you need to find specialized and reputable websites for such rare items. You can make quick money from such sales.

5 Ways to Help Your Small Business When You’re Cash-Strapped

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 Well, no news here! Everyone gets broke sometimes, so are businesses. What counts is being able to find a quick way out of it when it happens. Experience has shown that the times when you need money the most are usually the times when it’s hardest to get. What to do? When your business is hemorrhaging money, you are running a very big risk. Finding a quick solution is what brings out the real business person in you. When your business is cash-strapped, you can do any of or a combination of the following.

  

01. Take a loan. Well, all you want is cash to keep your business running. Getting cash even at a cost is same thing as getting a loan to fund your business. Even though a loan may not necessarily fix all your problems, but it sure can help you out of a short-term cash crunch. How and where you can get it is largely determined by the cost of funds from the lender.

02. Cut your expenses. A very natural thing to do when cash-strapped! This step is absolutely the most critical. You must find and block any cash leakages to stop your business from bleeding cash. Even when the bleeding is not very obvious, you can still cut back on certain expenses which will not do damage to the business. However in doing so, you must try to be creative because if you can’t manage to get your expenses under control, then you’re going to be perpetually short of money.

03. Go liquid. That is, you must find a way to generate more cash. If you can do this creatively, it is much better than taking a loan. It helps if you can create a special offering, whether it’s a discount or a new premium package and get your clients to buy in. Going hard on your debtors to get them to pay up their debts can also help to raise needed cash.

04. Dispose of some assets. Yeah, disposing idle assets is one very viable way to raise cash. Sometimes, you may have in your stores, assets you acquired in the past you have not really used or some fairly used ones you have rested. You can dispose of these assets just like as in garage sales to raise cash.

05. Run your business profitably. It is difficult to get cash-strapped if you habitually run your business profitably. A profit mindset draws out the strictest money-management practices in any business. Putting profit first and setting aside a predetermined percentage of profit from every single bit of revenue will help you trim expenses and ensure your business remains financially solvent. That is one very sound management theory and practice which your business badly needs for survival.