In this detailed guide, we’ll explore legitimate risk free ways for beginners to earn money online in 2024 and beyond. Grab a coffee, let’s begin! These are the making money online strategies that we are gonna cover today:
1. Start a YouTube Channel
Creating a YouTube channel offers a lucrative opportunity to make money online. With over 2.3 billion monthly active users and a surge in viewership after the COVID-19 pandemic, this is probably the RIGHT time to start and grow your own YouTube channel.
YouTube channel is a medium-level endeavor that demands minimal upfront investment. Consistency in content creation can lead to ad revenue and potential financial rewards.
- Level: Medium
- Best For: Creative individuals, informative content creators, and those comfortable in front of the camera.
- Average Income: Depend on country specific views & ads. For example 10k views might produce $50 to $80.
- Time to First Payment: Typically a few months to start earning through ads, potentially longer for substantial income.
- Money Investment: Minimal to start; you need a camera (even a smartphone will do), basic video editing software, and an internet connection.
- Time Investment: Initially, it’s essential to create high-quality content consistently. Daily engagement or regular uploads are beneficial.
- Other Things You Need: Creativity, passion, patience, and a niche or topic you’re passionate about.
- Skills Required: Basic video editing, content creation, presentation skills, YouTube SEO, and engagement skills.
1. Become a YouTube Partner: To monetize your channel through ads, meet requirements like 4,000 public watch hours and 1,000 subscribers in the last year, along with a linked AdSense account. Partners can diversify income streams.
2. Sell Affiliate Products:
- Choose a Niche: Target a specific audience, e.g., “fitness tips for seniors” instead of broader niches.
- Pick an Affiliate Program: Promote products you genuinely use and like. Example: Semrush Affiliate Program.
- Cloak Affiliate Links: Use affiliate link cloaking plugins to shorten the links for user-friendliness.
- Teach the Audience: Create product awareness through how-to tutorials.
3. Partner with Brands:
- Use platforms like Grapevine for brand collaborations.
- Aim for 10,000 subscribers on YouTube or Instagram for high-paying sponsorships.
- Analyze relevant channels to identify brands to collaborate with.
Recommended Reading: How Much Money Do YouTubers Make in 2024?
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