Making money online can be a great way to top up or replace your regular salary. While earning money with a website is still bearing fruit, we are seeing that social media and other platforms are opening up new revenue streams. Such methods are ideal for those who don’t want to have any expenses related to site maintenance.
You can make money online without a website if you’re good at taking photos, creating social media content, conducting research, investing in cryptocurrency, and shopping for items.
Continue reading to learn six tried-and-true ways to make money online without owning a website.
1. Buy and Sell Domain Names
Making money on domain names is a good option. Domain names can be quite profitable, and some corporations and individuals are willing to spend a lot of money on the best ones.
To begin, look for strong domain names to sell. Timely, business, geographic, and generic names are all excellent investment opportunities.
It can take hours to conduct research. You should opt for names that have the potential to become popular in the future. Examine upcoming events, emerging tourist destinations, professions, and service name variations.
Services like GoDaddy, NameCheap, Domain.com, Name.com and Google Domains offer domain registration. Sedo and Flippa are sites where you can purchase and sell domain names.
2. Buy and Sell Sites
There are several methods to purchase and sell websites. We list them below.
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Search for a site that has a lot of good content, but isn’t well optimized. After purchasing it, you can optimize it to make money from advertising, or simply sell it to someone else.
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If you don’t want to risk it, you can select a niche that will not become outdated in a short period. Keep an eye out for sites that have evergreen content that isn’t affected by the time. Evergreen niches include health, finances, education, sports, hobbies, relationships, and others.
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If you own a business or have already purchased a website, one of the easiest ways to increase your earnings is to purchase a website from a competitor. You can buy a site to eliminate competitors or merge with them. Depending on the business, this can be a very effective way to gain market dominance.
If you want to buy and sell sites, use these platforms: Flippa and Empire Flippers.
3. Sell Stock Photos and Videos
Stock content marketplaces such as Depositphotos allow you to sell photos and videos online. Making money on photo and video content has never been easier. It makes no difference whether you are a professional or an amateur photographer. If you’ve already paid for a camera, it’s time to make the most out of it. You just need to invest a little bit of your time. The most important thing is to find your niche and upload files to the site regularly. You can build a great stream of passive income this way, especially if you pay attention to keywording.
In addition to photos and videos, you can also contribute vectors, illustrations, and audio files to content marketplaces. So, if you have design or music talents, it’s time to go back to the basics. With Depositphotos, getting started is a breeze. You can sign up for free and begin earning money right away.
4. Invest in Cryptocurrency
Investing, trading, staking and lending, mining, and utilizing airdrops are all ways to make legal money with cryptocurrency.
For direct investment, use the buy-and-hold strategy. It involves purchasing and holding cryptocurrency for an extended period. The short-term volatility of stock investments will be worth it in the long run.
Trading, on the other hand, is intended to take advantage of short-term possibilities. You need to analyze market charts to create correct forecasts about price increases and decreases.
Staking refers to the process of pledging your cryptocurrency to a blockchain network to support it and confirm transactions. Basically, you lend coins to a network and get rewarded in return. This method works best with a Proof-of-Stake blockchain network, which is utilized by many cryptocurrencies.
You can also earn interest on your coins by lending them to other investors. YouHodler, Hodlnaut, BlockFi, Nexo, and Celsius Network are the best crypto lending platforms.
Mining is the process of securing a Proof-of-Work network by verifying transactions. Mining today requires specialized mining equipment, technical expertise, and a large initial and future investment.
Airdrops are free tokens that are typically delivered through an exchange, in order to increase awareness and grow a project’s user base. You can invest in more cryptocurrencies and trade them using tokens earned through airdrops.
5. Earn With Social Media
Nowadays, you can use social media to not only have fun, but to earn money as well. Thanks to modern technology, we can create content quickly and easily. It’s a great way to showcase your talents and gain an audience of like-minded people who will appreciate your efforts.
It takes time to build an audience. However, if you already have a social media profile with a sizable following, you can monetize your efforts. Platforms like Patreon, Youtube, and Twitch can help you create a paid membership.
Teespring and Teemill are websites that can assist you in selling your merchandise. All you have to do is upload your designs, and they’ll take care of the rest, including printing and shipping the clothes directly to customers.
6. Use Influencer Marketing
Influencer marketing is a type of social media marketing that involves influencer endorsements and product placement. When it comes to influencer marketing, it’s critical to cultivate a large, niche-based audience.
You can have a sponsored post or ad on a blog. Brands will pay extra to promote products or services among your audience if they know that it is relevant to their brand.
Affiliate programs are another possibility for additional income. Such programs allow you to promote brands and earn money. Some brands have their own affiliate programs, however, the majority of them are accessed through an affiliate network such as Skimlinks.
You can also partner with brands directly. Ask them to fund a video or a series of posts. Choose brands that don’t contradict your message and match your personality.
Conclusion
Whatever method you choose, the Internet is full of options if you’re an enterprising person looking to earn money. Some investments, of course, come with their own set of risks. However, if you don’t want to deal with the troubles and costs of website upkeep, then all of these methods will be of help to you.
