The number one way for me to make money online is by selling digital products online, specifically online courses. In total, I have made more than two million dollars in sales, selling online courses in the last two years or so. It might be two and a half million by now.
The second way to make money online with excellent results, both revenue and profit, is in my experience, serving clients. I earned hundreds of thousands of dollars in revenue and probably somewhere between fifty and a hundred thousand dollars in profit from serving clients online.
These are the top two ways in my opinion to make money online: selling products, specially digital products, and serving clients, and I wouldn’t even include consulting in that.
Now I also like to make money online other ways: receiving donations, YouTube ads, Google AdSense a little bit and affiliate marketing. I have had membership groups on my website. I have done investing and trading with both a stock market account that I use to just essentially buy things that my friend Joe recommends, and a Poloniex account where I trade online currencies, which made a few thousand dollars.
Now, I’m going to list 30 ways to make money online I have used with short explanations as relevant.
Thirty Ways to Make Money Online
They are just in the order I came up with on the top of my head and I already gave you the very top ones in the first section of this article.
- Number one is a Fiverr referral program. Fiverr.com has a “refer a friend” program and I have the Fiverr link on that Jerry Banfield’s resources page.
- Number two is a GoDaddy affiliate program. I’m a GoDaddy customer, so it makes sense to let people know that I use GoDaddy. I think that I have made about twenty dollars on that.
- Number three is Amazon Kindle Unlimited. When people subscribe to Kindle Unlimited on Amazon, they can just go read all the Kindle books they want to, and then as an author you get paid based on how many pages that they read, so I make a little bit on that each week.
- Number four is Amazon Kindle sales, I make a little bit on that each week.
- Number five is CreateSpace sales, which produce a little bit each week, currently maybe $20 or $25 or so.
- Number six: I have a TD Ameritrade Self Employment Plan IRA right now, which allows me to deduct up to 25% of my profit by putting it into an IRA where I can then buy stocks.
- Number seven: Coinbase Bitcoin buying and selling. Coinbase is what I use as a wallet for Bitcoin, and there is a link to that on jerrybanfield.com/ resources where you can get $10 when you buy your first hundred dollars in Bitcoin. So that involves buying Bitcoin at a higher price and selling it at a lower price and losing money, and then sometimes buying it at a lower price and selling it at a higher price.
- Number eight is Poloniex trading. Poloniex is a website where you can put Bitcoin or other digital currencies on it and then trade them. I started out with five Bitcoins, I have seven plus Bitcoins today. That’s a profit of about $1,000 by cashing out in about three months, which someone on my YouTube channel said: “That sucks Jerry, I made twenty Bitcoins on Poloniex in one month!” Congratulations!
- Number nine is Poloniex Ethereum Fork. This is one of the funniest ways you could make money online. Poloniex put a fork in to the Ethereum block chain on their marketplace, I guess the fork happened and they just put that up there to trade. In the process of putting the fork in they have made this new Ethereum Classic and gave me some of it, which went up like four times all on its own and I sold it. I made a little bit of money on that which was cool.
- Number ten: CafePress Marketplace. CafePress is a website where you can sell on-demand shirts, mugs, products, etc… That was one of the first things where I seriously put my time into to make money online. I made several hundred dollars working on it after spending thousands of dollars on ads, and hundreds of hours making different designs, most of which were based on things like video games, which you couldn’t do exactly on there and most of my designs since have been removed. So overall I got a loss on that, but I did make several hundred dollars.
- Number 11 is YouTube ad revenue. That’s pretty straightforward, I make about $2 every time a thousand people watch a video.
- Number 12 is Patreon. Patreon is a website where you can pledge on a monthly basis to creators. I have spent a ton of time and energy, and I have made several thousands on Patreon. I have written a lot of articles about it and I have gotten organic traffic to my website too. The hard thing with Patreon is that people hate monthly payments. Most all of my friends said they would rather make like a $80 or $100 donation than contribute anything at all monthly. This is a big limitation with Patreon.
- Number 13 is ThemeForest. ThemeForest is where I bought my Enfold WordPress theme. They have an affiliate program, I made about thirty bucks by having a link on the bottom of my website go directly to the ThemeForest store instead of straight to the author’s website.
- Number 14: Camtasia TechSmith affiliate. I have used Camtasia to film more than two thousand videos online. I have made around $50 as a Camtasia affiliate.
- Number 15: Coinbase refer a friend. I have done Bitcoin trading tutorials showing that I use an insured wallet through Coinbase, and I have made about $200 in Bitcoin in refer a friend bonuses.
- Number 16: Gaming for Good. I was streaming video games online one day when a guy named Neat Porcupine came on my Twitch channel and demanded to make a donation to me. I said, “I don’t take donations. How do you even do that?” He gave me a link to Gaming for Good. I went to the website, set it up, and he immediately made a donation of $2. I have now received over a hundred dollars in donations on Gaming For Good. While technically it is called a donation, it is not really a donation because they are just giving money to me and it’s taxable income since I’m not a charity.
- Number 17: I have a gaming donation link now on my website that takes donations through PayPal and even through YouTube now, and both of those have been used.
- Number 18 is my online success group. Once upon a time, I made a membership program on my website where we would meet and talk altogether once a week. I let in pretty much anyone who was willing to pay the twenty to thirty dollars a week cost to join the group. The other people in the group often didn’t get along very well together. The one lady who was really enthusiastic got mad about a post I made and left the group. Finally one guy stayed in the group and talked with me for over a year in the group, his name is Jordan. He is now my friend, we talk once a week every week, after a year or two of him being in the group and paying $20 a week, I then started paying him $3,000 a month to do work for me when things were going really well on Udemy. Then a few months later I got banned from Udemy, so now we both just talk about our businesses online.
- Number 19: Udemy Google organic search sales. One of the biggest successes on Udemy was the ability to rank a course high, so when you searched for a Facebook ads course when I was on Udemy, my course came up first. If you searched for a hacking course, my course came up first. If you searched for a bunch of types of courses in Google, you would find my Udemy courses because Udemy has a great page rank. They have a big website so it is easy to rank pages high, and then I had a good system of sharing back-links through free coupons so the page would get a ton of back-links and even if some were spam, a lot of them were good back-links with free coupons. Consequently, I got my courses ranked very high all over Google using Udemy, and then everyday, often hundreds of sales would come in from Google.
- Number 20: M Media ad buys. When people wanted to show mobile ads, I used to use M Media. I would offer a fixed package with a certain number of impressions at about two to ten times the cost I would pay for it, and then I would go buy traffic, take the client’s banner ads and run them on M Media, and then make my money that way.
- Number 21: Focus group user testing. I managed around ten plus focus groups for new mobile apps that were popular in Asia, getting them released over here in the US. I had temporary employees try these out. Now the payment was really low for these and you really needed a lot higher payments to use the kind of people the client wanted to. With temporary employees though it was great, I got 1,500 in a focus group, and I could get two focus groups in, so it was 3,000. The temporary employees cost about $15 an hour with all the fees and everything. They probably only got $10 an hour, but I paid $15 an hour to ten people for four hours, which is $600 or so. I would make about $2,000 per focus group. That was a really nice deal, and that’s what gave me enough money to start teaching on Udemy.
- Number 22: Udemy affiliate selling my own courses. I would advertise my courses with my new Google AdWords account and I would just use affiliate links because then if someone bought my course, I would lose a significant part. I would only actually get then 24% from Udemy on the sale, so I would lose 25% of the sale. If I sold it with my own coupon, I would get ninety something percent without an affiliate link, but if I sold it with my own coupon and an affiliate link, I would get 50% through the affiliate program and 25% from Udemy. The nice thing is, when I sold courses with ads, often people would also go buy other courses and I actually came out farther ahead by affiliate selling my own courses because then if they were Udemy regulars, sometimes they would buy hundreds of dollars of courses along with one of my courses. I came out way ahead on the affiliate program. I made about $25,000 doing that and I spent probably $10,000 in ads.
- Number 23: Udemy affiliate using Google AdWords. I already covered that one actually, so let’s go back to number 22. I did the same thing that I just talked about with AdWords except that I did it on my own website. Now that didn’t work very good on my website because most of the people who came to my website were truly just interested in my courses, whereas most of the people on AdWords had no loyalty to my specific courses, and if they clicked an ad they were just as likely to buy someone else’s courses as to buy my courses.
- Number 24: YouTube sales of my Udemy courses. I put up, and still do this for my courses on my website, long free preview tutorials. I put up as much as a 9-hour free preview for a 20-hour course, and then use that free preview video to sell the course. That is what got everything started for me on Udemy and without that method right there, my Udemy courses never would have gone anywhere.
- Number 25: Amazon affiliate selling my own Kindle books. This doesn’t work that well, but it does allow me to see what people are interested in buying when they are clicking on my books, and theoretically what other things I could make. I have my own books on my website and I have an affiliate link, so if people go buy anything else on Amazon, they then give a small affiliate commission to me.
- Number 26: Amazon affiliate selling products I have purchased. On my books page, I have also got all the books that have been really helpful for me affiliate linked. This doesn’t work very good either. It has made maybe $20.
- Number 27: Fiverr Facebook ad gig. A few years ago I set up a gig on Fiverr to get new clients. I would put up a Facebook ad and show it ten thousand times for $5. I showed it globally so it only cost me about $1 to run the ads, but the problem was that $4 for the work to make a Facebook ad campaign was terrible, and in fact only $3 after Fiverr took their dollar. I hoped it would work to get some new clients, but it didn’t work very well. As you can see there is a common theme here, while most of these methods have worked to make money online, they haven’t worked really well. Now you might be able to make something out of one of them that I haven’t made anything out of. I haven’t made money out of many of them just because of lack of persistence. I’m limited and I can’t do so many things in a day, so number 28 is a good example.
- Number 28: Live class online. I made $9 selling seats to live classes online. I tried it for a few weeks, but it seems that people would rather pay for a pre-recorded course on a certain subject, than to pay for a live class where you have to be available at a certain time. You might be able to get a live class to work.
- Number 29: One on one calls. I take one on one calls using Acuity Scheduling on my website and it is really sweet. It allows me to synch my Google calendar up with my schedule, and then any time I’m available on my Google calendar, I just leave that wide open and accept calls for $199 currently for 30 minutes. Then I’m raising that to $299 for 30 minutes as my base rate with $199 as my max discount starting in October because I have been getting enough of those that it has been taking away from my time to be here and do books and free videos. That works really well because one of the problems I’m about to explain from number 30, scheduling calls is a disaster. Acuity handles the scheduling and I only deal with people who have paid to have a call.
- Number 30: Clarity calls which have gotten me the highest dollars per hour. Clarity calls earned me a thousand dollars per hour to talk to people about Facebook ads. The problem with the Clarity calls is that you have to submit a request to whoever you want to talk to and then often people will submit three times the exact same day, one hour apart. Clarity is currently a nightmare to manage as it is just annoying to go through the call scheduling process back and forth. It takes often as much energy to schedule a call as it does to have the call. However, if you are starting from scratch and you have got a lot of good skills, Clarity might be a good place to go help people for free, and find some people you could talk to and get paid to do it on a regular basis.
These 30 ways to make money online are only a third of all the ways I have made money online. All of them worked in some extend with some working just a little and others fantastically well. What I hope you get in reading this blog post is ideas of what you can do to make money online.
If you are interested to read more about the 100 hundred ways I made money online, get my book:
Available both in Kindle and Paperback format.
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