5 Proven Ways to Make Money Online in 2023: A Guide for Beginners
What you will learn from this article is 5 proven ways for a beginner to make money online.
• Affiliate marketing
• Blogging
• Freelancing
• Dropshipping
• Investing
• Final tips to make money online in 2023 as a beginner
Affiliate Marketing
Affiliate marketing: Affiliate marketing is a three part system for promoting products.
-The first part is the Vendor or manufacturer. The Vendor has the product or service that they want to sell.
-The second part is the Affiliate Marketer. It’s the affiliates job to create content or use paid ads to promote the vendor’s product or services. The affiliate receives from the vendor, a unique link that a buyer uses to purchase the product or service. Then the affiliate can earn a percentage or commission for the sale.
-The last part is the Consumer. This is the most important part of the scenario. Without the consumer, there is no need for a vendor or affiliate. Keep the consumer happy and everyone will be happy!
Popular affiliate programs include;
-Clickbank
-Amazon
-Jvzoo
-Rakuten
-CJ affiliate
Blogging
Blogging: This is another popular way to make money online. You can create a blog about a topic you’re passionate about or have expertise in and then monetize it through advertising, affiliate marketing, or selling products or services.
A blog is a long term strategy for making money online in 2023 and beyond.
It is great for beginners with a couple of caveats…be patient and be consistent with your quality content.
A bloggers main goal is to constantly create unique and actionable content so that the audience finds value and a solution that they haven’t found before.
I hold 2 things above the rest that go into being a successful blogger:
Research your butt off and always be learning!!
Some popular blogging tools include:
-Canva
-Pixabay
-Pexels
-Vidiq
-Tubebuddy
-Grammarly
-Moz
-Ahrefs
-Wordpress
Freelancing
Freelancing: If you have skills in a particular area, you can freelance online. This could involve anything from writing to web design to graphic design.
If you don’t have the skills already, you can learn them through online courses like Udemy.
Or you can watch some of the many videos that YouTube has on the subject that you choose.
This is great for beginners because there are so many services for you to choose from.
Some of the most popular freelance platforms include:
Upwork: Upwork is a large and established platform with a wide variety of jobs available. It is a good option for freelancers of all levels.
-Fiverr: Fiverr is a platform aimed to provide low-cost services. a good option for freelancers who are just starting out or who are looking to offer their services at a lower price.
-Freelancer.com: Freelancer.com is another large and established platform with a wide variety of jobs available. It is a good option for freelancers of all levels.
-Toptal: Toptal is a more exclusive platform that only accepts the top 3% of freelancers. It is a good option for freelancers who are looking for high-paying jobs.
-Guru: Guru is a platform that caters to a variety of industries, including IT, marketing, and writing.
-PeoplePerHour: PeoplePerHour is a UK-based platform that is popular in Europe.
-99designs: 99designs is a platform for graphic design.
-Dribbble: Dribbble is a platform for creative professionals.
Dropshipping
Dropshipping: This is a business model where you sell products without having to stock any inventory. You simply find a supplier who will ship the products directly to your customers.
Below I have included a list of the popular Dropshipping platforms:
-Shopify: Shopify is a popular e-commerce platform that makes it easy to set up and run an online store. It offers a wide range of features, including dropshipping integrations, so you can start selling products without having to stock any inventory.
-WooCommerce: WooCommerce is a dropshipping plugin for WordPress that allows you to add dropshipping functionality to your existing WordPress website. It is a popular option for those who already have a WordPress website and want to add dropshipping capabilities.
-AliExpress: AliExpress is a Chinese e-commerce platform that offers a wide range of products at low prices. It is a popular choice for dropshippers because it offers a large selection of products and competitive prices.
-Spocket: Spocket is a dropshipping marketplace that connects you with suppliers in the United States and Europe. It offers a curated selection of products and fast shipping times.
-Oberlo: Oberlo is a dropshipping app for Shopify that makes it easy to find and import products from AliExpress. It is a popular option for Shopify users who want to get started with dropshipping quickly and easily.
-Doba: Doba is a dropshipping platform that connects you with suppliers from around the world. It offers a wide range of features, including product sourcing, order fulfillment, and shipping.
-Modalyst: Modalyst is a dropshipping platform that connects you with suppliers from the United States, Canada, and Europe. It offers a curated selection of products and flexible shipping options.
The best platform for you will depend on your needs and preferences.
When choosing a dropshipping platform, you should consider factors such as:
-Features: Make sure the platform offers the features you need, such as product sourcing, order fulfillment, and shipping.
-Price: Consider the platform’s pricing structure and make sure it is affordable for your business.
-Ease of use: The platform should be easy to use, even if you have no prior experience with dropshipping.
-Customer support: Make sure the platform offers good customer support in case you need help.
Investing
Investing: If you're willing to put in some time and effort, you can make money by investing in stocks, bonds, or other financial instruments.
Investing requires some learned skills and should not be chosen lightly.
I believe it would be best suited for more experienced professionals, however there are places that you can learn these skills:
-Investopedia: Investopedia is a website that offers a wealth of information on investing, including articles, tutorials, and courses. They also have a virtual trading platform where you can practice investing without risking any real money.
-Khan Academy: Khan Academy is a non-profit organization that offers free educational resources, including courses on investing. Their courses are well-organized and easy to understand, making them a great option for beginners.
-Coursera: Coursera is an online learning platform that offers courses from top universities around the world. They have a number of courses on investing, including some that are specifically designed for beginners.
-edX: edX is another online learning platform that offers courses from top universities around the world. They have a number of courses on investing, including some that are self-paced and can be completed at your own pace.
-The Motley Fool: The Motley Fool is a financial website that offers a variety of resources for investors, including articles, stock picks, and a premium subscription service. Their articles are written in a clear and concise way, making them a good option for beginners.
The best platform for you will depend on your learning style and preferences.
Start with the basics. Before you start investing, it is important to understand the basics of investing, such as the different types of investments and how they work.
Before you invest in anything, it is important to do your research and understand the risks involved.
When you are first starting out, it is a good idea to start small and gradually increase your investment as you gain more experience.
Don't panic. The stock market will go up and down, but it is important to stay calm and not panic. Remember that investing is a long-term game.
Final tips to make money online in 2023 as a beginner
I hope that my above guide helps you to make an informed decision with regards to making money online in 2023 as a beginner.
My final tips on the subject pertain to all of my suggestions in this article. •Know your audience and write with them in mind. What you think they want to hear doesn’t always mesh with what they actually want to hear.
•Research all aspects of the business model that you choose.
•Always be learning so that you can become an authority and share your knowledge.
•Be courteous and kind so that your audience enjoys their interaction and engagement with your content.
•Keep in mind how important driving traffic will be to your success. Create strategies based on your method of promotion.
•Don’t give in to discouragement. Use obstacles and setbacks as learning experiences and put them in your toolbox.
Consistency and patience!!
Thanks for listening,
Stephen Providenti
