Published: Sunday, January 08, 2023, Updated: Sunday, January 08, 2023

10 Practical Ways of Making Money Online 2023

Forget the past year what happened to you to built online career. But the failure will help you to succeed. Because failure enriches the experience. Refresh your mind and determine the best ways of making money online. Let's start at 2023.

Effective Ways of Making Money Online

10 Practical Ways of Making Money Online

I have listed about 10 ways to make money online whose I have found effective and actionable. If you tried in right way, you will get result within few month, somewhere few days.

1. Start Online Business

You know, online business is the best way to make money with reputation. Do not be scared to listen to business. I will not tell you about big business. Just start from the small business with low investment. You can start at $100 - $1000. If you have much budget, you can start comfortably.

Online Business

Do you know - How to start, manage, organize business company? If you do not know, obviously you have to know deeply. To know you can take help from website, book or directly from successful businessmen or entrepreneurs.
I recommend you to read this article: How to Start a Small Business in 10 Steps

I have few suggestions to make succeeded your online business journey:

  1. Before starting Online Business, you have to research online marketplace: customer, products, demand & supply, competitors, the value of the product, the bear of cost.

  2. After selecting product, customer & region you have to launch Website. So choose the best eCommerce CMS, Dedicated Web Hosting and Branded Domain.

  3. If possible, you can rent a flat for your office & you must rent a storeroom for your products. You can also store your products in your own room. Whatever, safety for the product is essential.

  4. To promote your product and website, you need boost on Social site and Search Engine. For that, you need placing ads on the different website through Google AdWord (you can use other Ads publishing network). For the better appearance of your targeted keyword of product on Google, Bing, Yandex Search Engines, you need to hire SEO Expert.

  5. For offline, you have much management to do. If you know how to manage your business with or without stuff, very good, otherwise you need to hire or appoint them to your business.

  6. Do not expect revenue from first, second, third invest. You may not get much profit yet you have to continue your invest & serve.

2. Be a professional Freelancer

Have you any skill to serve others? If yes, you can make money by serving as a Freelancer. You can not imagine how many fields have to join online freelancing marketplace & I know you already know about it. Fiverr , Upwork , Freelancer are the popular freelancing marketplace. You can try those.

Be a professional Freelancer

You can serve the followings services according to your skills and experiences.
  • Graphics & Design
  • Digital Marketing
  • Writing & Translation
  • Video & Animation
  • Music & Audio
  • Programming & Tech
  • Business
  • Fun & Lifestyle.

Tips to be succeeded in Freelancing Marketplace:

  • Don’t make any deal until you are complete to learn and handle client’s project.
  • Be positive and honest about your work.
  • Join the similar freelancer community.
  • Smartly handle clients
  • Focus on your performances.
  • Fast communication

3. Start Professional Blogging

The most trendy & smartest way for passive income. If you enjoy writing, if you have basic English, you can also start blogging for making money. Do you know many bloggers are now living by blogging? You can easily make money from blogging in various ways: Advertisement, Affiliate Marketing, Publishing Review post, Selling products etc.

Google AdSense is the most popular Ads publishing network for Blogger. Know how to apply for a Non-Hosted AdSense.

Start Professional Blogging

Recommended Articles:

Tips for blogging:

  • Choose the product related blog topic. It will help you to generate much money.

  • For better, you should learn basic Search Engine Optimization, otherwise, you have to hire from Freelancing marketplace and it is costly for someone.
  • Focus on post readability.

  • Start blogging professionally from the beginning. Buy custom domain & choose the best Blogging platform. For better choose WordPress or Blogger. If you don’t have much budget to buy web-hosting then I recommend using Blogger platform what is just awesome.

4. Create Youtube Channel

Youtube is the largest second Search Engine & the best platform to broadcast yourself. You already know, how much the strongest platform Youtube is! If you are interested to create and publish Video content, then Youtube is the best choice. Just create a professional channel and upload your best content.

Create Youtube Channel

You can easily generate money from Youtube. For that, you have to make a partnership with Google AdSense and it is very easy if your channel has at least 10K views. Without AdSense, you can make money by promoting affiliate product links.

Tips to be successful Youtuber:

  • Choose the products related channel. Because it will generate more money than other topics. But you can also choose any topic which is supported by Youtube Content Policy.

  • Create professional look Youtube Channel. Design excellent Channel logo banner. Intro & outro must be attractive and professional look. For that, you can hire from Fiverr. You know, a lot of awesome graphics designers, video makers are available there to serve you only for $5.

  • Target your audience at high CPC, CPM Country like US, UK, Canada, Australia etc.

  • Upload content weekly. Better you can upload daily if possible.

  • Don’t violate Youtube Content Policy.

  • Focus on content quality.

5. Forex & Bitcoin Trading, Bitcoin Mining:

What is Forex & Forex Trading?

Forex is for Foreign Exchange. Forex Trading is a business by exchanging foreign currency in over-the-counter (OTC) market. It is becoming popular as the money making way day by day. Because, you don’t need to any work, create a website. Just you have to invest and you can start from $1.

Example, you have purchased $100 from Forex Trading Marketplace with your local currency rate 79 BDT/USD and after few days, the rate has been increased into 85 BDT/USD, then you will be profited 6 BDT/USD , if you sell your Dollar with this rate.

Forex & Bitcoin Trading, Bitcoin Mining

Now you may ask what is Bitcoin & Bitcoin Trading?

Bitcoin is a digital currency which payment system works without central repository and this payment system worldwide. Bitcoin is also called cryptocurrency.
Details in Wikipedia: Bitcoin

You can easily earn Bitcoin by Mining. Mining is the process to verify the Bitcoin transaction. For mining per transaction, you will be rewarded some Bitcoins. To started mining Bitcoin you have to sign up any Bitcoin wallet.

6. Buy & Sell Domain

You can easily do this business. Buying & selling domain is the profitable business you can start with low invest. Choose the excellent, brand domain and purchase from reseller program. If someone is interested to buy this domain, you can sell this for the higher price.

If you have established a domain and you want to sell at the higher price, then Flippa can be your first choice.

Tips for buying and Selling Domain:

  • Choose the keyword base Domain
  • The domain should be short as possible.
  • Buy a hosting package to show the demo site, where you can put advertisement to sell this domain.

7. Be Online Tutor: Paid Online course

If you any professional skill and you prefer to teach through online, then you can start paid online course.

Online course

  • Upload Video tutorial on Youtube as paid content.
  • Be instructor or teacher on online course platform like Udemy, Edx etc.
  • Create your own website & start paid online course.

8. Create Android application

Are you an Android application developer? Do you know, you can easily make money without doing work in freelancing marketplace. Just create an excellent, helpful Android app. Associate with Google AdMob. So that you will be paid money to display Google AdSense Display on your application. You can also use different Mobile advertising network but I recommend you to use AdMob by Google.

Create Android application

You can also generate revenue directly from application user. Just launch your application on Google Play store as paid. When user will buy this application you will be paid via Google.

9. Email Marketing

Email marketing is one of the popular digital marketing. If you can make targeted list building you can make money by selling products, affiliate program and also you can sell gigs on Fiverr.

10. Online Survey jobs

Many Online Survey companies pay for doing the survey online. You can make maximum $2 by completing a survey.

I think you should not try this if you have any skill to serve. Because it is not so productive ways to make money. Similarly, you should not attend PPC, PTC Program. Rather you should try the above except this.

Read this article, If you want to make money without investment.

Without AdSense, AdMob Google offers more features to make money online.

You may see various ways of making money online but I have found the above most succeeded way.

Elliyas Ahmed
Elliyas Ahmed
Elliyas Ahmed, founder of COMPROMATH, is a Computer Science and Engineering graduate who excels in Blogging, Website Development, and SEO. He offers freelancing services to help clients succeed online. Learn more about Elliyas Ahmed.