Many people dream of making money on the Internet – but huge successes like those of Jeff Bezos or Kim Kardashian are the exception. However, there are legitimate ways to build an income online. In this article we show which methods work, what is realistic and which pitfalls you should avoid.
Earn money with surveys
Online surveys and product tests are ideal for beginners who have no special prior knowledge. Platforms like YouGov, Prime Opinion or Swagbucks pay for participation in opinion surveys or product tests. According to my Scholarship.de, the earnings depend heavily on the duration and effort and are between one euro and 60 euros per survey.
The job offers the advantage that no previous knowledge is required, and it also allows for flexible scheduling and quick earnings. However, there are also disadvantages: the tasks can be monotonous, the income is often limited, and sometimes the payment is only in the form of vouchers.
Dropshipping
Dropshipping allows you to sell products without maintaining a warehouse yourself. As soon as a customer orders, the supplier ships the goods directly. Platforms like Shopify or Amazon Marketplace offer the necessary infrastructure for sales. According to online-nebenkommen-aufen.de, the profit margins are usually between 15 and 30 percent, so dropshipping is more suitable as a side income.
Dropshipping offers the advantage of low financial risk and no storage costs. However, it also comes with disadvantages such as high advertising costs, platform commissions and strong competition.
Affiliate marketing
With affiliate marketing, you receive commissions when a purchase is made via a special link. According to earnkaro.com, these commissions can vary greatly depending on the provider. In order to generate significant income, a large online presence is crucial – without sufficient traffic, affiliate marketing is hardly worthwhile. This activity offers the advantage of low financial risk and does not require any special previous knowledge. However, disadvantages include low commissions, high competition and possible data protection risks if successful.
Blogging and monetizing content
Having your own blog opens up numerous sources of income, such as through advertising, affiliate links, paid posts or selling your own products. According to Wix.com it’s worth it Monetization Only a few thousand visitors per month are needed to generate noticeable income.
The activity offers advantages such as full control over the content, high flexibility and diverse sources of income. Disadvantages include high time expenditure, required specialist knowledge and lack of guaranteed success.
Become an influencer
Influencers generate income through advertising, affiliate links or selling their own products. According to indeed.com, if you have around 20,000 followers you are considered a mid-tier influencer and can earn between 200 and 2,300 euros per post. However, this requires constant presence and a lot of effort.
Working as an influencer opens up the opportunity to design content according to your own ideas and benefit from a variety of sources of income. At the same time, you should be aware that the activity takes up a lot of time, the competition is high and your privacy can suffer as a result.
Become a freelancer
Freelance portals like Gulp bring together skilled workers and clients. According to wix.com, hourly rates between 60 and 100 euros net are possible in many industries. Freelancing makes it possible to structure orders flexibly, gain valuable experience and benefit from lucrative projects. At the same time, you should keep in mind that the competition is fierce, the fees are not always high and platform commissions may arise.
Develop apps and games
You can create your own apps or games via Google Play Store or Apple Store can be monetized – through paid downloads, subscriptions or in-app purchases. Programming knowledge is essential. Developing apps and games offers full control over the product and is often a lot of fun. At the same time, this activity requires a lot of time, specialist knowledge and the willingness to face strong competition.
Online tutoring and coaching
Platforms like GoStudent or Superprof enable location-independent tutoring or coaching. Hourly rates vary depending on the specialist area. According to gostudent.org, ten teaching units per week can earn around 620 euros.
Online tutoring offers the opportunity to flexibly organize your working hours and gain valuable experience at the same time. However, disadvantages are that expertise is required, competition can be high, and income can fluctuate.
Sell digital products
Digital products such as e-books, podcasts or works of art can be easily sold online, supported by platforms such as Amazon Kindle or iStock. Success depends heavily on the reach and the platform chosen. Selling such products makes it possible to create your own content, monetize your hobby and have a lot of fun doing it. At the same time, this activity requires talent, time and the willingness to face high competition.
Recognize serious offers
Anyone who promises quick profits without any effort should be suspicious. Providers should be vetted, reviews on platforms like Kununu should be read, and sensitive data like online banking PINs should never be shared. Caution and common sense are crucial to avoid scams.
Markus Maier, editorial team at finanzen.net
By the way: Amazon and other US stocks can even be traded on finanzen.net ZERO until 11 p.m. (without order fees, plus spreads). Open a depot now for free and secure a new customer bonus!
Selected leverage products on Amazon
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the lever you want and we will show you suitable open-end products on Amazon
The leverage must be between 2 and 20
Advertising
