If you’re looking for ways to make money online, you’ve probably considered exploring the lucrative world of multilevel marketing. But perhaps hearing the term “MLM” might not be exactly what you expect. To put it mildly, the term is a bit misleading; while most MLM companies do offer marketing products and platforms, they are not really your traditional MLM company. Here, we’ll run down the top five ways to make money online without any experience or training, along with why you shouldn’t think of them as “scam” businesses.
1. Create and sell your own products
If you’ve ever been to an entrepreneurial or small-business conference, you might have heard the term “product creation”. Essentially, this refers to the process of coming up with a product that people want or need and then converting that product into a money-making venture. One of the best places to do this is online. With platforms like Etsy and Shopify, all you need is a laptop, wifi connection, and the willingness to put in the work. The upside is that you can create products that you know will sell, and there’s a ready audience of buyers that want what you have to sell.
2. Start an online shop
An online shop, or e-shop, is simply an informational website that primarily sells a product. The product can be anything from a service to a physical item such as clothing or furniture. When someone clicks on a product and makes a purchase, the vendor will typically receive a small commission, sometimes even paying the cost of the product. However, if the customer finds the item to be inexpensive or economical, the vendor might not make any profit. Nonetheless, as a small business starter, you should certainly consider this option and keep a lookout for potential e-shop opportunities.
2. Start an online community
An online community, or simply community, is a type of website that allows interaction between users. Essentially, you can create a community with various purposes. For example, you can have a group of people to support each other on health issues, a place for product reviews, or even a place for users to just chat. In terms of revenue generation, you can use the community to create a network of customers who then make purchases from your e-shop or download digital products such as whitepapers, e-books, or webinars that you’ve put together for free in the community.
3. Start an affiliate program
An affiliate program is simply a way for a business to gain revenue by promoting and selling a product or service that they believe in. As an affiliate marketer, you’ll typically be paid a commission when someone clicks a special link or buys a product that’s promoted on your website or social media platforms. Many affiliate programs are free to join, and you’ll often find a variety of products to promote, from food to clothing to electronics and more. The downside is that you’ll have to learn how to create affiliate websites and how to manage, track, and report the results of your campaigns. But given that you’ll be promoting products that you believe in, this shouldn’t be too difficult.
4. Start an online scrapbooking blog
Online scrapbooking is becoming a very popular way for people to document and share their lives. Essentially, you can create an online scrapbook by using a tool such as Microsoft Word or Photoshop to create a digital scrapbook. As an online scrapbooker, you’ll need to find a steady stream of content to upload to your blog. You can choose from a variety of topics such as weddings, birthdays, holidays, graduations, and more to create a themed scrapbook that will bring in traffic and revenue. As with any other type of blogging, the more you put in it, the more you’ll get out of it – regardless of whether you’re creating a free blog or using a paid option such as WordPress.com.
5. Start an online store (physical products)
If you’ve gotten this far without feeling like you’ve been “drip-fed” with information about making money online, it’s time to reveal the fifth and final way to make money without any experience or training – or at least without much training. Indeed, you only need a laptop, an internet connection, and the willingness to fill it with product that you know will sell. For the past ten years, many digital nomads have been making a good living selling and fulfilling orders for various companies and businesses across the globe. The best part is that you don’t even need a special skill to get started. You can basically get up and running fairly quickly with products such as Shopify, Etsy, Amazon, and Big Cartel. And if you’re looking for a simpler option, you can also opt for drop-shipping from a large e-commerce platform such as Shopify or Big Cartel.
In the next section, we’ll delve deeper into the top five ways to make money online without any experience or training, along with a couple of cautionary tales to keep in mind.