How To Make Money Online as a Beginner: Earn 5 Figures a Month

Are you struggling to find the answer to the question of how to make money online as a beginner?

Making money online has become an increasingly popular avenue for people seeking financial independence and flexibility. And in 2023, students, a stay-at-home parents, everyone can achieve this.

In this article, we will explore various methods and provide you guidance on how to make money online as a beginner, along with examples and valuable insights.

How To Make Money Online as a Beginner?

In This Article ⤵️

  1. Generating Passive Income (Blogging, YouTube Channels, SMI)
  2. Freelancing (Writing & Editing, Graphic Design, Web Development)
  3. Online Surveys and Market Research (Online Surveys, User Testing)
  4. Online Tutoring (Academic Tutoring, Skill-Based Tutoring)
  5. Building An Online Store (Starting An Online Store, Dropshipping, POD)

1. Affiliate Marketing – Generating Passive Income

how to make money online for beginners

Affiliate marketing is a popular method to earn passive income by promoting products or services and receiving a commission for each sale made through your referral.

Let’s explore different ways to do it, the earning potential and the difficulty levels:

Blogging

  • Earnings: $100 to $10 000 per month
  • Difficulty: Easy to Medium

For the people wondering how to make money online as a beginner and at the same time make great cash, blogging is one of the best ways to do so. It is an awesome way to generate passive income online.

Some of you might think that this would be an overwhelming task for a non-computer savvy person, but that is far from the truth – it can be done by a small child, especially if you create it with 10web.

10Web is an AI website builder, which will create your blog for you in just minutes! On top of that it offers unique website speed optimization and built-in AI Assistant. To learn more about the platform and how to create your website with 10Web, check our full guide here.

Affiliate marketing is only one of the ways you can monetize your blog – you can also use Google Adsense to place ads and create sponsored posts. It’s one of the best ways to start an online business in 2023 and you can expect to start making good money after 3 months of consistent posting! And after a year or two, it can outearn your 9-to-5 job and replace it.

Meet The Best AI Website Builder – How To Start Using It?

YouTube Channels

  • Earnings: $200 – $10 000+ per month
  • Difficulty: Medium to High

Being a YouTuber is the dream job of the youth in the United States. And the reason for this is quite clear – through YouTube you can make big money doing what you love.

On top of that, you become popular, which raises your social status, which in turn earns you respect and many opportunities for business partnerships.

YouTube can be one of the fastest and easiest ways to become financially independent. But, the road to get there requires persistence and a lot of work. You can create informative or entertaining videos related to a specific niche and include affiliate links in your video descriptions.

As your channel grows and attracts more viewers, you have the potential to earn substantial income through affiliate commissions. On top of that, you can also monetize your channel with ads and business partnerships.

Social Media Influencing

  • Earnings: Varies greatly, but potentially high
  • Difficulty: Medium

If you have a significant following on platforms like Instagram, TikTok or Twitter, you can collaborate with brands as a social media influencer.

By promoting products or services to your audience and including affiliate links, you can earn a commission for each sale generated through your unique referral links. Building a strong personal brand and engaging with your followers are key factors for success in this field.

How To Generate Traffic To Your Website (For Free In 2023)

2. Freelancing – Leverage Your Skills

Freelancing offers a vast array of opportunities to monetize your skills and expertise. Here, we will explore some popular freelancing options along with their potential earnings and difficulty levels:

Writing and Editing

  • Earnings: $10-$100 per hour
  • Difficulty: Low to medium

Working as a writer is an easy side-hustle to do, in order to generate some extra cash. Many individuals and businesses require well-written content for their websites, blogs or marketing materials.

If you have a flair for writing or possess strong editing skills, you can start offering your services as a freelance writer or editor. Platforms like Upwork and Fiverr provide a convenient way to connect with clients. Here is a cool tip – you can use Grammarly to help you significantly with the writing.

Graphic Design

  • Earnings: $20-$100 per hour
  • Difficulty: Medium

If you have an eye for aesthetics and creativity, graphic design can be a lucrative option. You can design logos, infographics, social media posts and more for businesses or individuals. Websites like 99designs and Dribbble offer platforms to showcase your work and connect with potential clients.

Web Development

  • Earnings: $25-$150 per hour
  • Difficulty: High

Web development is in high demand and if you possess programming skills, this can be a rewarding path. Creating websites, building web applications or offering website customization services can help you earn a substantial income.

Platforms like Freelancer and Toptal can help you find web development gigs.

Freelance Digital Marketing – Start A Successful Career (In 2023)

3. Online Surveys and Market Research – Easy Money, Limited Effort

how to make money online for beginners

Online surveys and market research provide a simple way to make money online as a beginner, particularly for people who are looking for minimal effort with decent returns. Let’s delve into some examples, considering the potential earnings and difficulty levels:

Paid Online Surveys

  • Earnings: $1-$10 per survey
  • Difficulty: Low

Doing online surveys is probably the easiest way to make money online as a beginner. Several companies pay individuals to participate in online surveys and provide valuable feedback.

Websites such as Survey Junkie, Swagbucks and InboxDollars connect users with surveys based on their demographics. By dedicating some spare time, you can earn extra cash.

User Testing

  • Earnings: $10-$20 per test
  • Difficulty: Low

User testing involves reviewing websites, applications or products and providing feedback on user experience. Platforms like UserTesting and Userlytics offer opportunities for individuals to participate in usability testing and earn money.

How To Make Money As A Teenager Without A Job

4. Online Tutoring – Share Your Knowledge

If you have expertise in a particular subject or skill, online tutoring provides an excellent opportunity to make money online as a beginner while helping others. Let’s explore the earning potential and difficulty levels:

Academic Tutoring

  • Earnings: $20-$50 per hour
  • Difficulty: Medium

Platforms like Tutor.com, Chegg and Wyzant connect students with tutors in various academic disciplines. If you excel in subjects like math, science or languages, you can provide personalized tutoring sessions to students worldwide, helping them achieve their educational goals.

Skill-Based Tutoring

  • Earnings: $20-$100+ per hour
  • Difficulty: Medium to high

Do you have specialized skills like playing a musical instrument, graphic design or coding?

Websites such as Udemy, Skillshare and Teachable allow you to create and sell online courses, sharing your knowledge with a global audience. You can set your own prices and earn money as students enroll in your courses.

How To Make Money While You Sleep

5. E-commerce – Building An Online Store

how to make money online for beginners

E-commerce has revolutionized the way people buy and sell products online. With the right strategy, you can establish a successful online store and generate substantial profits. Let’s explore the earning potential and difficulty levels in this field:

Starting an Online Store

  • Earnings: Varies, with potential to scale to $10 000+ a month
  • Difficulty: High

Creating your own online store gives you the freedom to sell products of your choice. Platforms like Shopify, WooCommerce and BigCommerce offer user-friendly interfaces to set up and customize your store.

You can source products from suppliers or use print-on-demand services to fulfill orders. By marketing your store effectively and delivering exceptional customer service, you can build a profitable e-commerce business.

Dropshipping

  • Earnings: Varies greatly, with big potential to generate lifetime income
  • Difficulty: Medium to high

Dropshipping is great because it eliminates the need to hold inventory or handle shipping. Instead, you partner with suppliers who handle the fulfillment process. When a customer places an order on your online store, the supplier ships the product directly to the customer.

You earn a profit by marking up the product price. Platforms like Oberlo, Spocket and AliExpress provide access to a wide range of products and suppliers for dropshipping. It requires effective marketing and finding profitable niches to succeed in this competitive field.

Easiest Way To Start Dropshipping as a Beginner (In 2023)

Print-on-Demand

  • Earnings: Varies, with high potential
  • Difficulty: Low to medium

Print-on-Demand services allow you to create and sell custom-designed products such as t-shirts, mugs or phone cases without needing to hold inventory. What you have to do is upload your designs to a platform like Printful or Printify.

And, the awesome part is that they handle the printing, packaging and shipping when a customer places an order. When you create and promote your unique designs and target specific audiences, you will earn a profit from each sale.

How to Make 10k a Month on Etsy

Take action now

Build Your Website Today!

Creating a website has never been that easy – we’ll reveal how to do so in just 10 minutes!

FundTheYouth

Our mission is to educate, motivate, help and inspire the youth to achieve financial independence

Copyright © 2022 Gutenverse. All rights reserved.