Oh WOW, how will I answer this question? What is the best way to make money online? I bet you could get a ton of different answers here. Why? Because there are many different ways to make money online.
Some will tell you that you don’t need a website. Some will say the only way is to use funnels. Yet others are here to tell you the best approach is to make easy fast money online.
A lot of it depends on if you are a beginner or a well-seasoned entrepreneur.
I do have my recommendations as to the best way to make money online. But first I want to talk about other ways so you can make an informed decision.
What Is The Best Way To Make Money Online Without A Web Site?
For you, beginners, a website is a way to drive free traffic or people to your online business. And free traffic is money in the bank. But let’s move onto the no website concept.
Some say you can make money strictly from YouTube posting useful videos. You will get paid for the ads on each video you produce. YouTube takes some work and time. There are many hurdles to jump over before you begin to make money.
YouTube videos are a good way to make money for some. The niche of Make Money Online is a highly competitive line. And you need to learn how to make a good video and reach the crowds.
I took a reasonably inexpensive course for $359 to get over my fear of making videos. Yes, I did say that! The course I chose is one of the better-priced classes, and then I still had to purchase the equipment—things like a microphone, a good video camera, and a video editing tool.
After you set up your YouTube channel you need to get subscribers to it. You need 1000 followers before you can set up ads on your videos. But if you like to make movies and have the money to invest this can be a lucrative income.
Create Your Own Product
You can make your own products like E-Books or white pages. Again it will take some training and time along with the purchase of some E-book creating apps.
You will need to write the content for your E-Books or hire someone to do it for you. All of this is time and money. These types of products are good to gain emails.
You may have a product to sell already that you can list on the internet. You can make money this way also. But you need a way to get that information out on the internet. An eCommerce website is a good way to do this. Or sell on Amazon, eBay, or Etsy.
A funnel is a copy that draws the reader in when you offer a free product. Then you lead them to another page where you have created a product to sell to your reader for $9-$35, and when they buy or not buy, it leads them to another page for an upsell.
I like funnels, but the only real company out there today that actually takes you through the process is ClickFunnels. And that is a living fortune. It will cost you $97 a month up to thousands.
The owner of this company is Russell Brunson. He is intelligent, and he knows his stuff, but to make a funnel work, you will need to invest quite a large sum of money. I know how much the program costs because I tried his method.
Funnels are great to use on a website. To use a funnel as a stand alone seller is a bit more complicated. The support you get from the basic program Russell offers is not real good unless you pay for the upsells.
Quick And Easy Money
When you find any get-rich-quick way to make money, turn, and run! Most of the programs are scams. A person will set up a company and then advertise it with a lot of hype. They take your money and never return your emails or calls.
I have had a few companies scam me over the years. And I have written about many many programs that are scams.
Actually, I wrote a couple of articles reviewing James Wendell and Jason Fulton a year ago. I still get so many who fall for these scams. These guys are convincing. It is these types of scams that non-gurus are setting up without a website to take the hard-earned money of people like you and me.
OK, so we have talked about three ways to make money without a website. One was unethical, one was highly expensive, and the other was YouTube. Now let’s talk about what are the best ways to make money online with a website.
What Does a Website Require?
The first thing is a website requires is a host. A hosting company is someone who allows you to park your domain and website at their place. You manage your site but pay a host to help you reach the world. The company you choose will need to offer speed, security, bandwidth, and web space.
There are many excellent hosts out there today, such as WIX, Bluehost, Gatorhost, and many many more. I have not worked with WIX or Gatorhost, but I have worked with Bluehost And Godaddy.
You can take a look at my Godaddy review if you want more information about my experience with Godaddy.
Some hosting companies offer all of these services included in the price, and some require an extra fee.
You now have a place to put your website, which is a hosting company. But maybe you don’t have a website yet, and you don’t even know much about setting one up. Each one of these hosting companies does have tutorials and information in the form of forums and online discussions.
Wix does have a relatively easy way to set up your website. All websites are easy to set up today. It is managing them that takes training to understand.
I’ll Get To The Point!
OK, I know I am supposed to tell you what the best way to make money online is, but I just keep going on. And if I go down this rabbit hole, it could take forever to get to the point.
So let me just spill the beans and let you know that My #1 recommendation for making money online is Affiliate Marketing.
4 thoughts on “What Is The Best Way To Make Money Online?”
Honestly, this is a very thorough look at what it takes to generate money in the online arena. I personally have looked at several different online offers, ones that claim to do training and support for you, and they never delivered on what they promised. Is there something that sets this apart from other sites that make the same or similar claims?
Why would I, why should I, try this site after having been scammed so many times before?
Now that is an excellent question. First I want to point out that nothing is perfect and everything we do in life requires effort. But the thing that sets Wealthy Affiliate apart from other sites is the incredible training and support for a very low price. WA just raised their premium member rates but they are still the lowest in the market. I too have been scammed many times and am shy of every platform out there but I have been a member of this platform for 2 years now. I have never come across any hosting training platform that gives so much. All you have to do is follow the training, ask questions, grow, and learn. But as with anything in life you will get out of it what you put into it. Creating an online business is not a “done for you business.” It is a business that you create and put the work into. I mean would we really want it any other way. When we can be proud of what we create we have the motivation to move forward. One final note, no other platform has me as your personal coach and mentor. I am here to assist you in any way I can.
Excellent points, I know that I enjoy the fruits of my labour more than when something is handed to me. You sound very convinced and passionate about this group Wealthy Affiliate. I imagine that I have nearly nothing to lose and it sounds as if I might gain quite a bit if I check it out. Thank you for your prompt response and well-put answer.
Frank, It is my pleasure to assist you. I am here for you when you need me. Always!