make money online 5

 

20. Create a Podcast

Starting a podcast is one of the most profitable online business ideas, especially with over 155 million people listening to podcasts every week.

Having a laptop or a device with a built-in microphone is enough to start a podcast. However, we recommend investing in good audio equipment and software to improve recording quality.

All you need now is a topic to talk about and engaging communication skills – make a podcast about anything, from financial tips to true crime.After recording and editing the first few podcast episodes, find a podcast hosting platform to make them available online. Some of the best ones include Buzzsprout, Resonate, Anchor, and Spotify.

One quality most podcasts have in common is they primarily make money from sponsorships. Once your podcast has attracted a following, consider signing up with production agencies like Podfly and Pacific Content to further grow your brand, quality, and audience reach.

Make sure to also promote the podcast on social media and other platforms, like your website. Using a podcast theme and an audio player on your site can further boost the podcast’s brand identity and discoverability.

21. Become a Travel Consultant

As soon as pandemic border restrictions ease, people will want to start traveling again. The tourism industry will inevitably surge, resulting in higher demand for travel consultants.

A travel consultant makes arrangements for individuals and businesses by curating their clients’ ideal travel experience. It’s a job that can be done entirely online and is a great money-making option for well-traveled individuals or locals who love sharing the best spots in town.

The average base salary for a travel consultant is $76,504/year in the US, excluding tips. The job’s benefits include a flexible working schedule and opportunities to travel.

Start your career by getting familiar with popular travel management software. In addition, consider taking tourism, hospitality, or even foreign language courses to improve opportunities.

Promote your services with your own website and take inspiration from consultants like Wanderlust Travel Consultants and TravelBoecker Adventures. Alternatively, sign up to be a travel consultant or trip designer on platforms such as Reco.

22. Publish eBooks

The rise of self-publishing has made it possible for anyone to publish eBooks. It’s an excellent option for beginners since there are no printing or shipping costs associated with producing and distributing eBooks.

To publish an eBook, submit your writing to a self-publishing platform. There are two types of publishing companies – retailers and aggregators. The former sell books directly to customers, whereas the latter distribute them to retailers at additional costs.

The revenue you generate from eBooks depends on the publishing company’s royalty policy. For example, Amazon Kindle Direct Publishing pays up to 70%in royalties for books sold on Kindle stores worldwide.

Here are other eBook publication alternatives along with their royalty rates:

• Barnes and Noble Press. Provides a 70% royalty rate for eBook sales.
• Kobo Writing Life. Gives authors 70% of the book’s list price, provided the book is priced at $2.99 or higher.
• Apple Books for Authors. Offers writers 70% royalties for eBook sales.
• Smashwords. The world’s largest indie eBook distributor, it charges a 10% commission when selling to other retailers, and 15%-18.5% when selling on their website.
• Draft2Digital. Lets authors earn 60% royalties from their eBook sales.

Before self-publishing an eBook, ensure that the formatting is correct and that your work is free from typos, grammatical errors, and plagiarism. You might also consider hiring a graphic designer to help create an appealing eBook cover.

23. Start Email Marketing Campaigns

As the number of email users is projected to surpass 4.5 billion in 2025, email marketing has become a powerful tool to generate leads and turn your audience into customers.

The key to executing a successful email marketing campaign is to first build an email list. If you have a website, add a pop-up form with a personalized call to action on its landing page.

Other methods to encourage subscriptions include incentives like discounts, free shipping, giveaways, and pop-up surveys. The goal is to make visitors want to receive email updates about your online business.

The next step is to start formulating and sending email newsletters. Platforms like Mailchimp and Constant Contact help manage campaigns while offering tools to track sales, engagement, and audience growth.

If your website runs on WordPress, try installing a newsletter plugin for better email automation and a more straightforward email-building process. Also, consider conducting periodical A/B testing to determine the best elements of an engaging email campaign.