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8 Proven Ways To Make Money Online In 2017

The modern-day internet is full of articles, guides, blogs and websites advising on how to make money online. In fact, there is so much that it’s often impossible to separate fact from fiction and scams from real methods of making money online.

Even though billions of people are connected to the world-wide web now, only a very small percentage has tapped into the huge potential of internet to make a living.

Even the clear majority of entrepreneurs, freelancers etc. who work online use their internet income mainly as a side gig.

The percentage of netizens for whom online work is the only source of income is quite small thus in this article, we will focus on legit ways to earn money online in 2017, some of which are quite new yet proven methods that are time-tested to work.

Nonetheless, some methods are evergreen and will always appeal to new comers despite the advancements in technology or changes in economy.

So, we will include these time-tested methods for making money online also in this article. Some methods have been available for many years but haven’t been used as much as we would like to see, hence why they also qualify for inclusion in this article.

Here goes:

The 8 Proven Ways To Make Money Online In 2017

Proven Ways To Make Money Online In 2017

Blogging (Obviously)

Blogging remains at the top of our list, although it’s quite old now and many people would be surprised to see blogging in this list as many people have spelled the doom for blogging many times in the past.

Despite all the forecasts about the death of blogs and blogging considering increasing popularity of social media, blogging remains one of the best ways to make money online – see how much I make from blogging here.

Successful bloggers are even now making six figure incomes from their blogs and some have even used their blogs for launching other businesses, products and services successfully.

Sharing Your House, Car Or Any Other Thing Online

The “sharing economy” is the term used for multiple web based businesses such as Airbnb, Uber etc. which allow one to share an asset which he owns and earn money in the process.

Sharing sites basically work like rental boards and have disrupted whole industries across the globe.

Uber for example has revolutionised the concept of taxi and has allowed millions to supplement their income by working as taxi drivers on a part time basis.

AirBnb similarly allows to share an additional room in your house without going out of your home. All you need to do is to create an account and upload the photos and rate per night for an extra room in your house.

There are numerous other sharing services online which allow you to share your assets and resources for a fixed fee in return.

See: How To Make Money Driving For Uber

Starting Your Own YouTube Channel

YouTube has emerged as one of the best ways to earn money online via videos. YouTube is ranked as the second most popular search engine after Google and is among the 5 most visited sites globally.

YouTubers have turned their hobbies into businesses by starting their own channels on the site and then placing advertisements on videos uploaded by them.

There are numerous YouTubers making six figure incomes annually from their YouTube channels and there is no reason why you can’t make a living from YouTube.

Principles of online business also apply to YouTube and you must conduct thorough research about your target demographic and what sort of content they want to watch before creating a video.

Most YouTubers started out as hobbyists and created their initial videos to help others or for fun. Over years they discovered that their hobby has the potential to make them rich and only then started taking YouTube as seriously.

So, perhaps you can also convert your hobby into money making activity and take advantage of YouTube.

Affiliate Marketing

Affiliate marketing is also a time-tested method for making money online which is open to all. As of 2017, affiliate commissions have nearly crossed the mark of $5 billion annually with rises predicted in 2018 and 2019 as well. – See the affiliate income report here.

affiliate revenue income

There are scores of affiliate networks such as ClickBank offering millions of products to sell. Even retailing powerhouses such as Amazon have their own affiliate programs with affiliates regularly earning 5 or 6 figure incomes on an annual basis.

Amazon also allows one to build their own store using the technology provided by amazon and there is a vast amount of information on the internet which is more than enough to learn the tricks of affiliate marketing.

Online Surveys Still Exist

Online Surveys have been around for some time and are not as popular as other methods on this list. Nonetheless, they provide an easy way to earn money for small amounts of time spent on taking these surveys.

Most online surveys can be finished in 10-30 minutes and the pay ranges from few cents to $50 normally. With a few surveys a week you can easily add a few hundred dollars to your monthly income. It may not be life-changing income, but still a decent amount.

Product Reviewing

Product reviewing is a method which has been around for years but is not much discussed as it’s available only in few countries and not many people are keen to go through all the hassle associated with buying a product, using it and then reviewing it.

See:  How To Make Money Online With Reviews

Although, this method is a bit more time consuming as compared to others. There are numerous other advantages which compensate for the extra work required.

One of the primary advantage is the free goods and products which a person gets for being a product reviewer as you can often keep the item being tested after using and reviewing it.

Online Courses

There is an ongoing boom in the online education sector with sites like Lynda, Tuts plus, Udemy, MCOOCS gaining popularity.

Traditional education system has become dysfunctional and universities are in no position to fulfil the needs of economy by imparting skills required in modern workplace.

Online course providers have switched in to fulfil this need and many people have also joined the bandwagon by creating their own courses at these websites.

If you know how to do something and believe that people will pay to learn what you are willing to teach, then this is the best way for you to make money.

All you will need is some basic video recording equipment for recording video lectures and the rest of the work will be done by the course provider.

Although, creating an online course can be hard work, you’ll not need to do much after uploading our course to the course provider site and this is the best way for generating passive income.

eCommerce Is The “Next Thing”

e-Commerce is something I got into very late might I add) in 2016. So far, after a few months of working on it, I now have 2 online ecommerce stores that generate close to 40% of my monthly income from my online business.

If you want to learn how to make money online in 2017, then this might be soemthign for you to consider as I have found it to be one of the best ways to get started and one of the quickest methods to generate some income quickly.

Below are some of the guides and training modules I have written about starting an eCommerce business. I suggest you take a look at these articles when you have the time:

Final Words

These are some of the best (new) and proven ways for making money online in 2017 and you must choose a method after considering all the pros and cons.

With hard work and dedication nothing can stop you as with Internet possibilities are endless and sky is the limit.

Thank you very much for reading this article, we hope this has brought you value. If you liked this or have any questions about all we’ve just shared, please leave me a comment down below in the comment section. I’d love to hear your 2c on this topic.

Talk soon.

8 Proven Ways To Make Money Online In 2017

12 Comments 8 Proven Ways To Make Money Online In 2017

  1. Simon Crowe in Asia

    I’ve heard about a lot of affiliate markters doing very well! I can only see this growing bigger and bigger in the future.

    I can also see affiliate marketing being a good way to monetise your blog and/or YouTube channel. so for me this looks to be the best way to make money online. I’d love to know how to start, is this what you teach in your blogging course?

    Thank you for time and I look forward to your reply.

    Reply
  2. Alex

    Amazing guide Chris,
    The list is also in ascending order. Blogging comes first & then affiliate marketing etc.
    Thanks for this post.
    Alex,

    Reply
  3. Kevin Lim

    Hi Chris,

    Thank you for sharing this 8 ways to earn money online. I have been struggling to find ways to earn extra money.

    This piece of information is definitely going to help me.

    I do agree with you that eCommerce is the latest trend. However, there are much research to do before selling the products.

    I would prefer affiliate marketing first as it is easier to start. Maybe I shall try out eCommerce when I have the extra time.

    Thanks!

    Regards

    Kevin

    Reply
    1. Chris Lee

      Yes Kevin, definitely try eCommece and dropshipping. There’s a huge opportunity there waiting for everybody to wake up to it.

      Keep at it 🙂

  4. Steen

    Hi Chris!
    Thanks for your thoughts on how it is possible to make money online.
    I have participated in some survey.
    But never really got any payment for it.
    There are some things in this article that thing that strikes me and very much agree with you.
    Firstly, it is fun to write for me so beyond that I have a blog and I will like you to write a book in the future. I think it’s really fun to make video.
    But it also requires some practice to make good videos so that I am not quite reached yet.
    But to have a youtube channel to store my work is really fun and nice. It also means that I can make video of some of my articles and link them together.
    If I say that affiliate marketing has a great future and that you can drive traffic to your link on almost unlimited number of ways.
    But have to choose a technique that you are really good at. What do you say to that thought?
    Steen

    Reply
    1. Chris Lee

      Agreed w100% Steen. I would also love to get into video marketing but it’s such a big beast to tackle that I do not currently have the time for it.

      Facebook videos also seem to work great for reach and promotions so might try that too at first.

      Let me know how it goes from your end. 😉

  5. Jojo

    Hi there,
    thank you for an interesting post. I have concentrated mainly on affiliate marketing but it is true that there are other ways to make money online.
    Youtube seems like an interesting way to go in my eyes. What are the requirements? I mean can post videos you have found on the internet and then place ads on them or do you need to create your own videos? I thought of copyrights for example.
    Cheers.

    Reply
    1. Chris Lee

      Ideally you always create your own videos, anythign you “steal” online will not work as well as your own, unique and original content. 🙂

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