Know and Understand HOW to earn online!

Understanding Ways of Making Money Online

Home Based Online business allows you the freedom of being your own boss to work in your own time from anywhere in the world with just an internet connection.  It gives you the opportunity to join the league of entrepreneurs with little or no money at all.

Many businesses are migrating online to compete for market share to transition from local to global.  And to compete for global relevance, they compensate people internationally to help them capture a greater share of the market.  Prospective consumers spend a significant amount of time online so any individual, as an affiliate, whom is credited with directed them to the address of online advertisers are rewarded financially.  Billions of dollars are spend to get products and service to be utilized by potential customer and getting involved in the transaction can be YOUR BUSINESS.

Here are 6 ways you can convert your time online to earn passive income

#1. Blogging

Starting a blog is easy.  And if you are new to blogging, you can consider the platforms below to use for free.  Think about the kind of information you want to write about and the audience you desire to cater to, then publish your content to monetize traffic that visit your site so you can earn from your contribution to your online space.  Choose which platform you would like to use.

WordPress:  

At WordPress you can create and entire blog for free.  It is easy to navigate and use, customizable, and can be hosted by number of webhosts.  The advantage of your own webhost gives you more flexibility when it comes to customizing your site so that you can monetize it.   A free account would reside at .wordpress.com.  If you want a .com, you would need a webhost.  Check out Host Gator

Blogger: 

Blogger is a free blogging platform that is provided by Google.  This maybe a great option for you but if you are serious about monetizing it you may be limited because if you advertise your site via social media too often, it can be deleted without warning.  Too little control!

Weebly

Receive 50% share of your Google Adsense revenue using Weebly blogging platform

After you are done creating your blog on one or more the above platform, find out where there is market needs to contribute to that need. Your published contribution is content to help you generate traffic and build up an audience.  You can then make money from your audience selling your own products,, advertising the products and services of others, and affiliate marketing.  Since blogging can be done for free, get started so you can monetize your blogs.  If you are able to set up and operate 10 blogs earning only $12 per day minimum on each one, you will be earning a minimum of $120 daily.

#2 Revenue Sharing

Not everybody have the patience to commit to blogging. To generate money from you blog, traffic is very important.  However there are sites that allow you to share you content on their site to satisfy their tens of thousands of visitors on a daily basis in exchange for a portion of the revenue it generate from advertising.  Revenue sharing site may pay based on page viewed or by ads clicked of the article you published.  Some sites allow you to choose what you want to advertise on your pages so that what you earn would be based on what you wish to accomplish.  Here is a list of revenue sharing sites

Newsline

If you are into happenings and like to keep people abreast of what go on or divulge your digested opinions of popular topics, you can summarize it into your newlines and get pay for it.  The potentials for earning are 45 percent of Ads revenue from your page and $0.04 cent per 1000 page views 

Hubpages

You can earn from a variety of affiliate programs on Hubpages.  There is a 60% revenue sharing for you post.   

Infobarrel

User generated content that produces the traffic  to view you article which you get a share of what is earn 

Wizzley

Have fun writing quality article to help inspire reader and make money.  

Wikinut

Get lifetime royalties

#3 Online Trading

Investing in the stock market can be potentially very profitable.  Trading involve risk, so it requires trader to be able to calculate their risk by having some researched information, market analysis and some fundaments of companies or asset they are interested in transacting.  A trader takes the time to inspect the revenue stream of the company with its income, expenditure and profit margins as well as the competition it faces. On the technical aspect, a trader wants to benefit from the movement between the high and the low and to enter or exit as the right moments.
The average person now have access to trade online and with the variety of options available, can begin trading with as little as one hundred dollars.  Here are some of the options available from several brokers.

Binary Options

In simple terms, binary option is predicting the upward or downward movement of an asset.  If your trade prediction is correct, you get a return of 70 – 85% return on your trade amount.  However, if your trade is wrong, you lose between 85 – 100% of your trade.  The expiration time of a trade normally can be from 30 seconds to the end of the day.

MarketWorld

Regulated online binary option broker.  The minimum deposit is $20 and minimum trade is $1.00.  Free practice account.  

Finpari

Regulated broker with a minimum deposit of $100.00 , minimum $1.00 trade.  Free 30 dollar NO deposit bonus (good to trade but not withdraw unless you make a deposit and/or have a trade volume of 40 times the free money).  

Forex

The risk in forex is much less than in binary option.  In binary option, it is either up or down which means you win or lose.  The market assets are always moving up and down, therefore in any direction you take in forex, there is still a possibility of earning IF the trend reverse and you can manually close your trade in profit.  Forex allow you to have more control because you decide when to close your trade.

Etoro

Trading investment combined with social network so that you can copy successful traders whom are very proficient in earning profits

XCFD

Trade stocks, Forex, options, commodities and even Bitcoin with incredible low spreads and zero commissions.  Get an introductory Free 30 USD no-deposit bonus. 

Vegas Style Online Revenue Gaming

Some people actually do believe in luck and can at times be incredibly luck.  Others have actually acquired the skills at winning in Casino games. Check out the Casino Below  

LesACasino

Those who want to challenge the dealers at poker, black jack and a host of other games have options.  Big jackpots, $1000 welcome bonus! 

#4 Affiliate Marketing

Affiliate programs are ways of creating streams of online income by sending traffic to the website of others thru links with built in codes unique to you as the affiliate.  With the links, affiliates submit to search engines, places them on their own websites and blogs, post them in internet forums, reviews and ebooks, in classified ads and on social media sites.  Specific engagements result in compensation.  Before joining any program, you should probably be aware of the different payment schemes available, the kinds of people you are looking to target and how many clients you will be working with.  Different companies have a minimum threshold before you can withdraw, ranging from as low as $5.00 while others can be as high as $250. Commissions are typical paid based on clicks, leads or sales.

Advertising revenue is one of the most effortless ways to earn money from your site even earning while you sleep if you have content to attract traffic to you.  Decide what will work for you!  Pay per click – You will need a website or blog, Pay per lead – You get a referral link you can promote almost anywhere, Pay per Sale – You get a commission after the conversion of a Sale

Viglink

An in-text advertising service for affiliate to monetize online contents by scanning pages for words that can be profitable and linking products that can earn commission via pay per click, pay per lead or pay per sale.

Chitika

This program converts words in your post to links and every click get paid 

Clickbank

This affiliate offers a profitable way to promote digital products and sell information over the internet.

Wealth Affiliates

This site is a paid affiliate membership that  makes it so easy to learn and succeed with your affiliate marketing business because they walk you thru the process to be effective in campaigns that will all you to mature to financially positive results. You get the opportunity to make recurring revenue as a member. It is free to join paying membership starts at $19.00 

#5 Ecommerce

Ecwid

Open up your online store for free on facebook, or your own website and sell up to ten different products in any two categories,  whether it is digital products or physical products.  Excellent starter for those who have talent like artist, writers, singer and graphic designers who want to get their craft expose to the world.  Go for you music or production awards , then announce your bid for president

#6 Paid Survey

Survey savvy

A leading market research firm with 3 million paid member worldwide.  You get pay $20 for a complete survey and a referral fee for getting other to participate in survey. 

Palm Research Paid Survey

Get paid to take research on diabetes, obesity, heart problem and other medical related issues. 

IPoll

Get five dollars just for signing up.  Take survey online or on your mobile 

Should you have any questions or suggestion, please do not hesitate to make a contribution in the comment section.  You are not restricted from sharing the post with your friends on your social media or on your own timeline.