Is there any way I can earn money online without any kind of investment?

There are a lot of ways to make money online. But the process is mainly two. One is the Free formula and another is paid formula. In the paid formula, you may have to invest over $1000 to make it happen and the results are almost instant. In the free formula, you can do it without spending money.

The Easiest Way To Make Money Online


It doesn't matter what old are you or what is your current situation is, anyone can make money online (from teenager to old granny) from his current situation. You only need a computer and internet connection. Moreover, you can make money by using your mobile phone. Sometimes it doesn't require any tech skills or experience.

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Here are some legitimate ways to make money online:

1)Affiliate marketing:
Yes, you can make money through affiliate marketing. Good money. And, yes, you can even make money while you sleep. Affiliate marketing is when an online retailer pays you a commission for traffic or sales generated from your referrals.

Affiliate marketing is a simple 3-step process:
You recommend a product or service to your followers.
Your followers purchase the product or service using your affiliate link.
You get paid a commission for the sales made using your affiliate link.
2)Blogging:
Making money from a blog is definitely doable, it just takes time and dedication. If you want to make more than pennies, I strongly suggest you focus on creating quality content and building a loyal community first. As long as you’re passionate about the content you’re putting out there, other people will be as well. Your blog will grow organically and money will soon follow. Pretty straightforward, right?
Advertisements are the most common and simple way bloggers earn cash – by leveraging Google AdSense to incorporate banners or other types of advertisements on their websites.

Sponsorships are another great ways to make money through blogging. There are influencer networks (IZEA, Mention, Influenster, Webfluential etc.) that can help you discover great sponsorship opportunities. This makes them a great starting point for bloggers looking to build relationships with brands. Brands often want to pay you a set amount for a sponsored post, in which you talk about their product or service.

3)Youtube monetization:
YouTube pays you by monetizing your videos with ads and pay you by estimate views generated by your video. To start earning a good amount of money it will take you atleast an year and lots of hardwork and the content you create should be unique to gain maximum viewers. Once you reach a decent number of subscribers and viewer's you'll start earning handsome money.
4)Doing survey:
By sharing your thoughts, you can earn extra income by taking online surveys. There are many market research companies online that offer paid surveys. Keep in mind that each survey pays very little. So the key is to sign up for several different companies, spend time completing surveys every day, and to complete every survey they send your way.
5)Content writing:

Freelance article writing gives you the opportunity to work from home. Jobs, where article writers can be earning money, are listed every day.

Before having the wish of earning money in content writing, make sure that you became good at it and have enough content to show as proof to them who is going to hire you. Show them the piece of content that you have already written and once you do it you automatically get the projects from the client.

6)Freelancing work:
If you’re a writer, artist, or someone with any skills that can be done online from home, freelance work is a great option. Freelancing can help those who are dedicated to working freely anywhere at any time. It also assists you in making money online by selling your skill on different freelancing platforms and generate a good income. Mostly the students who are studying who have very little free time and want to earn money as a side income to bear daily expenses should start freelancing, it is easy and helps to meet the small desires.

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But if you ask, what is the easiest and most profitable way to make money online, I will suggest one good way that allows you to earn on autopilot - it is truly passive once it’s been set up :

KINDLE DIRECT PUBLISHING:

I’m not talking about writing novels or textbooks: this is about creating low content books that everyone uses, and which Amazon prints for customers on demand. If you get this right, you can be earning money from sales of your books without lifting a finger - which is why it’s really a passive / autopilot method.

Some advantages:

It does not require huge intellectual effort: low content books are precisely that: low content. They don’t have much in them.

Amazon sells them for you: there’s a huge number of buyers trawling Amazon every second for books.

There’s no startup cost, no inventory - Amazon does everything.

The sky’s the limit: some low-content book vendors make $1000s per day!

The downsides:

You do have to create something - there’s some graphical effort required to create interiors and covers - but you can find people who can help, and there are plenty of free sources for interiors (see RESOURCES at the end of my answer).

It’s Amazon - so there’s a 60-day delay before payment - which is not ideal but if you’re going to make a serious effort to make this work, then it’s not really an issue.

Margins: Amazon takes the lion’s share but you can still make a decent profit of a few $ per book sale. This is often more than an author would make with a major publisher - bear this in mind.

Getting Started:

A Quora answer is not the best place to explain the ins and outs of making a living with KDP, so check out the resources list at the end which will take you to the next step. The basic plan of attack though is:

Find a niche and sub-niche for which you can create something and where there is both demand and little already available. Some standard techniques can be used to identify good sub-niches to address. A lined notebook would be too broad and difficult to sell, but a lined notebook for medical students might be much more appealing.

Open an account with Amazon KDP (free, of course)

Create your interior - either obtain one or make it yourself (I use Powerpoint but some people use Canva.)

Create your cover - either yourself using places like Canva or get someone on Fiverr to make one for you if you’re not confident.

Upload your files to KDP - job done!

Now promote your book until it starts to generate sales. Again, many ways to do this! I have found Amazon advertising to be easy to set up, really effective and inexpensive. And once the book is selling you can stop spending money on ads.

Conclusion:

KDP is an honest way to generate money online: it’s pretty straightforward and doesn’t require much in the way of maintenance once you’ve done the upfront work to create your books. It is, however, something that has subtleties that you should research: not every book is going to be a best seller. BUT - there is a great chance that yours could sell like hotcakes if you get it right - and make you a nice income!

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How To Start Making Money With Affiliate Marketing

Affiliate marketing is one of the best platforms of internet marketing. Nowadays, millions of people are making money doing affiliate marketing. When you get a commission selling other people's or companies' products, that is called affiliate marketing. Basically, you are a mediator here for the merchant and consumer. Merchants got revenue from your help/refer that is why they share revenue with you. When you apply for a product for promotion, the system creates a unique link for you that is called an affiliate link. You can share the link on your website, social media or email. If your traffic/followers buy something by clicking on your link, the system counts the sale on your side as the referrer. This affiliate marketing system works in a few steps. By following these steps, anyone can start an affiliate marketing business. This blog post explains everything to learn more about those steps.

Learn: How To Become An Affiliate Marketer

What Is Affiliate Marketing:

Affiliate marketing is one of the most popular ways people make money online and for some, it can be a passive income once established. It is a strategy where an individual partners with a business in order to make a commission by referring readers or visitors to a business’s particular product or service.

There are two ways to approach affiliate marketing: You can offer an affiliate program to others or you can sign up to be another business's affiliate. As the business driving an affiliate program, you'll pay your affiliates a commission fee for every lead or sale they drive to your website.

Joining another company's affiliate program is all about extra revenue. Think about your customers' needs: What other products or services would interest your site visitors? Join those affiliate programs. Affiliate programs can increase your sales with no upfront cost to you. It just takes a little time to plan your strategy and select the partners that will have the greatest impact on your business.

One of the reasons affiliate programs are so popular is that they offer a win-win situation for both merchant and affiliate.

How Does Affiliate Marketing Works:

Imagine John has a website about gadgets. He writes reviews about the latest gadgets. He has a section to compare the features and he also tracks the best deals for his readers. And John would like to make some extra money from his passion. He can monetize by placing advertising banners or by referring to special offers from selected stores. So he creates an affiliate account in 2Performant affiliate network. Here, he can choose to advertise an online shop that sells gadgets or any other products related to the topic of his site.

Using 2Performant he can get a banner prepared by the online shop itself and place it on his site. Also, if he wants to place a link to a certain product of a shop on his site, he can use 2Performant platform to turn this link into a special link. This special link is called an affiliate link, and it tracks what his visitors do in that shop after clicking on his ads. If any of the visitors he sent there decides to make a purchase in a certain amount of time, John will get a commission - a percent of the transaction value. This way John makes some extra money while doing what he likes. This is how affiliate marketing works.

What Are Affiliate Networks?

Affiliate Networks act as a middleman between companies and their affiliates. They manage the relationship and providing third-party checks and balances.

These networks track, report, and manage payments to affiliates. When you sign up with an affiliate network, you usually gain access to all the affiliate companies managed within the network.

Some popular affiliate networks include ClickBank, Commission Junction, and ShareASale.

Affiliate Links

After signing up with an affiliate program, you’ll get an affiliate link, or a special URL that contains your affiliate username or ID. You use this link whenever you mention the advertiser’s product on your website or in other marketing efforts, such as on social media.

Whenever one of your audience members clicks on your affiliate link, a cookie is dropped into their browser to track them. If they become a customer, the company knows it received that customer from you and you get credit.

Learn: How To Get Started With Affiliate Marketing

How Do Affiliate Marketers Get Paid?

A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer?

The answer can get complicated.

The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently.

The affiliate may get paid in various ways:

1. Pay per sale.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.

2. Pay per lead.
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.

3. Pay per click.
This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic.

4 Steps To Be An Affiliate Marketer:

To become an affiliate marketer, and learn how to do affiliate marketing, below-given are the 4 steps that you need to follow-

(i) To begin with, you have to begin checking and reviewing products in your speciality. That can be quite easily possible on a YouTube channel, using live streams on Periscope or by using blogs.

(ii) Second, you need to collect messages or emails, so you can interface with your target audiences whenever you need, as you should never hope audiences to see your content.

(iii) In the next step, you can utilize joint online courses or webinars to make a ton of offers in a brief time-frame, while at the same time develop your email list and make new substance/content.

(iv) In the last step, when your affiliate marketing business begins profiting, you can scale your development with pay per click advertising methods.

Learn: How To Make Money With Affiliate Marketing

Conclusion:

With effective Affiliate Marketing, you can discover an item you like, advertise it to others, and procure a bit of the profit for every deal that you convert.

You’re glad since you enjoyed a commission, and your Affiliate Marketing Merchant would be cheerful in light of the fact that they have another deal from a client that they won’t be able to reach via normal procedures of marketing.

Following aforestated steps will help you understand what is affiliate marketing & how does affiliate marketing work for your advantage & how to do affiliate marketing.

You can choose to be, either an Affiliate Marketing Merchant or an Affiliate Marketer, as per your expertise and specific requirements.

In case you wish to know more about affiliate marketing, how Affiliate Marketing works or how to do affiliate marketing, feel free to ask me in the comments.

If you are also inspired by the opportunities provided by Affiliate Marketing, have a look at our Affiliating Marketing Guide and join our Digital Marketing Course to embark on your journey as an Affiliate Marketer.