5 Beginner Friendly Ways to Make Money Online

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Whether you are a student, a house-wife, or just someone trying to escape the monotony of working a 9 to 5 job, the internet holds endless opportunities for you. What’s more, it is not just about the opportunities, it is also about the benefits that come from being an online worker. You can eliminate commuting costs, be your own boss, work from anywhere that you want and even network with thousands of people from all over the world. There are thousands of beginner friendly ways to make money online. Your choice of online work largely depends on factors such as interest, skills and even time. If you are looking for some new ways to make money online, then you definitely ought to consider the following;

1. Flip Domain Names

It is not uncommon to hear people referring to domain names as the real estate of the internet. You can make a fortune buying and selling domain names online. As a matter of fact, flipping domain names simply means buying them at a lower price and selling them at a higher price.

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This is a particularly good option if you are an expert at finding trending keywords or if you have a good eye for names that are likely to be big hits in the near future. However, keep in mind that this option requires patience, especially when it comes to building a good domain name portfolio.

2. Transcribing Audio

This is one of the quickest and easiest ways to make money online and the best thing about it is that it doesn’t require any special skill sets. All you have to do is be a good listener and be a good typist. Although transcription jobs may not pay well at first (especially if you are a newbie) you will be surprised at just how much money you can make once you know your way around. Some good websites to get transcription gigs include QuickTate, TranscribeMe and Rev.

3. Take part in Online Surveys

The internet revolutionized a lot of things including the way surveys and research is carried out. There are numerous websites that pay people to complete their surveys. However, not all payments are in monetary form and some may come in the form of gift cards, vouchers or points that can be redeemed for cash. Some of the popular online survey websites include Global Test Market, iPoll (also known as SurveyHead), MySurvey, Ipsos and Toluna.

4. Online Contests

There are lots of online contests for writers, photographers, entrepreneurs and even customers (in the case of company contests). The only catch about this option is that for you to earn, you have to win. Nonetheless, the more contests you enter the better your chances of winning. On the same note, you can also take part in online sweepstakes and who knows, you could be the next winner!

5. Edit Audios

This is a very “beginner friendly” way of making money online, especially if you are familiar with sound editing software. Earn money by cleaning up the sound quality of webinars, webcasts, online interviews, or any other type of audio that needs some editing. Pursue a freelance audio editing career on websites such as Freelancer, ODesk or Elance.

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