Humans are always pursuing work to achieve a more stable income, which is why besides their main job, many also seek passive income sources. Therefore, read the below article to learn about online money-making methods. The main content of the article will present 20 basic ways to help you choose more easily.
What is Online Money-Making? What is Passive Income?
“Online money-making” or MMO (Make Money Online) refers to “methods of earning money on the internet.” With just this short definition, you might still wonder: what exactly is online money-making?
Online earning from the internet is commonly called online money-making. In fact, it’s just a general name for various forms and countless ways to implement it.
You will see many phrases like “online money-making” recently. You might wonder what online money-making is and why people talk about it so much. If you’re truly curious, this article might give you the answers.
Passive income is the money you earn via the internet through interactions of people with your posts on Facebook or forums, most notably on YouTube. Specifically, you create a creative video to attract viewers; if the view count meets YouTube’s requirements, you’ll receive a reward.
9 Internet Money-Making Methods That Yield ‘Huge’ Income
1. Google Adsense
When you visit any website, you’ll see Google ads. This is a good indicator of the appeal of the world’s largest search engine. Setup is very easy on all basic web browsers and when operational, it greatly assists you.
Installing Google AdSense is also very simple. You just need a blog or website, then create a free Google AdSense account. Google provides a unique code for you to paste into your website. From there, they will monitor your page views and collect data for you.
Many ask: how much can you earn through Google AdSense? For example: one person earned nearly $5,000 in one month over 10 years of running Google Ads. Going from zero to earning $5,000/month is a life-changing achievement. This makes the person very excited, even though they know there are many other ways to make money.
– Advantages
Provides a stable income source for long-term work.
– Disadvantages
Requires quite a bit of expertise.
2. Affiliate Marketing
If you have a good website and ideas for a blog, you can consider affiliate marketing. When using affiliate marketing, you collaborate with brands or businesses to promote their products on your content sites.
With a unique referral code, you promote a specific product or service. You earn commissions when customers purchase through your referral link.
It is advisable to partner with reputable and field-related partners. For example, if your blog focuses on finance, you should be interested in financial products like savings accounts, credit cards, or investments.
You can join individual affiliate links or participate in ad networks with multiple partners, which helps identify ineffective activities and optimize over time.
Michelle Schroeder-Gardner, owner of Making Sense of Sense, a comprehensive affiliate marketing website, earns over $100,000 monthly from her blog, mostly from selling affiliate products and commissions. She is very successful and even created her own course called Making Sense of Affiliate Marketing.
Michelle works with many partners in the financial services industry, including Bluehost, a large and reputable company. In fact, you can make a lot of money with any affiliate company or product if you understand your target audience and generate abundant traffic to create sales.
– Advantages
Anyone can do it with finesse in marketing, no capital needed.
– Disadvantages
If not done professionally, it can be time-consuming and yield unsatisfactory income.
3. Shopee Dropshipping
This is an online earning method through e-commerce platform Shopee. The Shopee dropshipping market in Vietnam has been booming recently.
With traditional online business, you need to handle product sourcing, inventory, sales, delivery, and customer service.
However, dropshipping means you only focus on marketing and advertising to attract potential customers, while the supplier handles packing and shipping upon new orders.
Thus, you almost have no capital to start a dropshipping business on Shopee. Your profit is the margin between the supplier’s selling price and your retail price, minus marketing costs.
– Advantages
New model, big opportunities, multiple niches for diversification without capital.
– Disadvantages
This season (COVID-19) has seen many quality goods from China entering Vietnam.
4. Making money from Lambo
Lambo (https://lambo.vn) is the first professional MMO platform in Vietnam, founded and operated by Mr. The Khuong, owner of the blog MMO Kiemtiencenter.
If you are interested in MMO, you probably know Kiemtiencenter. Moreover, you might not know that Mr. The Khuong is also an advisor for KTcity, the most successful online MMO training platform today.
Therefore, you can rest assured about the professional team and the success potential of Lambo.
Lambo aims to connect users (User), hunters (Hunter), and enterprises. Through Lambo, users can:
Query transparent information about various MMO models available in Vietnam.
Receive tutorial videos and tips on how to achieve results from MMO methods you join.
Follow specific MMO types and get Instant notifications with latest info and instructions.
Have the opportunity to participate in weekly training and livestreams from Lambo partners who are experts.
Furthermore, all Lambo members can get free support in earning/business online via the official Lambo Telegram group chat.
Besides the above benefits, you can also participate in the agency earning program with Lambo and earn lifetime commissions from 30% to 50%, called LamboX.
5. KTcity Affiliate
Ktcity is an online course platform specializing in digital marketing, MMO, SEO, online business, online advertising, and online earning…
Besides learning, you can register for the KTcity Affiliate program to generate income by promoting courses. Commission rate is about 30% to 35%, which can easily increase your income.
This is a quite safe earning platform chosen by many. So, explore these opportunities on this platform now.
– Advantages
KTcity offers quality, highly professional courses with high demand and high commissions.
– Disadvantages
KTcity’s affiliate approval process is quite strict, making it difficult for beginners to register.
6. Adflex CPO
Advertisers (producers/publishers) and publishers (partners/publicators) are closely linked through Adflex. This tripartite cooperation benefits all:
Advertisers: producers or product providers will sell more in a shorter time and more effectively. Also, they increase brand recognition and market new brands.
Publishers: partner providers of the suppliers. They earn commissions on each order without investing time and effort in product creation or search.
Adflex – the affiliate marketing network profits from each order made by the publisher.
Currently, Adflex has developed the most effective earning model called CPO. Thanks to CPO, publishers find it easier to earn profits because they are rewarded when customers decide to buy.
After driving potential traffic to the order page, customers leave details such as phone number, last name, first name. The sales department of the provider contacts and calls the customer. If the customer agrees to buy, the publisher is recognized as having successfully sold the product/service.
Adflex is a reputable unit for online earning. It connects sellers with product promoters for commission earnings. As a result, products quickly reach customers, sellers gain profit, brand recognition, and partners receive commissions without extensive product research.
This is why, apart from seeking website management or SEO service providers, finding Adflex is very important for each business.
– Advantages
Adflex offers high commissions, a quality community, and a dedicated team.
– Disadvantages
High competition due to many participants.
7. AccessTrade
AccessTrade is a recent new affiliate marketing platform in Vietnam, developed based on the CPA (Cost Per Action) model.
This means, when someone performs an action (e.g., purchase, filling out a form, registration, …) via links provided by AccessTrade, you will earn commissions if a purchase is made through that link.
AccessTrade connects merchants like Adayroi, Lazada, Tiki, Kyna,… with affiliate marketers (publishers). It has over 60 campaigns in e-commerce, education, travel, consumer goods, etc., helping publishers gain passive income through content sharing on their website/blogs, social networks, email marketing, or advertising on Facebook or Google.
Similarly, your task is: creating links on AccessTrade => Promoting => Receiving commissions. Based on some suggestions, you might understand AccessTrade better. So, register and start executing to receive payments into your bank account by the 15th of each month.
– Advantages
AccessTrade offers a wide range of campaigns to choose from. Frequently organizes offline and online sharing sessions.
– Limitations:
Too many spam campaigns, low commissions. High-paying campaigns are highly competitive.
8. Amazon Affiliate
If you’re an Amazon.com affiliate, you need to register through Amazon Associates. Once approved, you can promote any product on Amazon, and when customers buy via your link (affiliate link), you will earn a commission.
Amaazon continues to upgrade and change its algorithms with precise rules. Violating these can lead to penalties or bans.
Amazon uses a pay-per-sale policy. For each customer who buys through your affiliate link, you get a commission. If the customer merely views the product without buying, and adds it to their cart within 90 days and completes the purchase, you still get the commission.
Customers must buy directly from your link. If they search and buy independently later, you won’t earn commissions.
Therefore, a clear Call To Action (CTA) following your content is essential. If CTA isn’t appealing, the entire campaign might fail.
– Advantages
Large, potential international market with huge purchase volume.
– Disadvantages
English language barrier for beginners; creating a reputable website costs approximately $500.
9. Trade Coin
If you’ve invested in cryptocurrencies like Bitcoin, Litecoin, ETH, …, you’re familiar with trade coin. Also called “swing trading” because Bitcoin prices constantly fluctuate; investors need to monitor daily or even minute-by-minute to buy low and sell high for profit. Simply put, trade coin is buying at low prices and waiting for prices to rise before selling.
The concept of trade coin emerged when cryptocurrencies gained popularity worldwide, notably coins like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Altcoins.
Trade coin is also called “swing trading” for the same reasons. The high risks associated with greed and psychology are common in this community, along with frequent scams.
10. Become a Freelancer
This involves writing blogs or topics for websites, requiring one or multiple writers to generate income from these articles.
If you’re a good writer and able to attract attention through your articles, you should consider starting a freelance writing business.
The only thing you need to do is write, and as your writing skill improves, you can be more creative, add rich, banishing dull elements, and make your articles more interesting.
– Advantages
Flexible working hours: if you are a regular office worker, you work from Monday to Friday or, if in the service industry, you might only get one day off per week. Freelancers can take a week off, work from home, cafes, or anywhere you like, as long as your work progresses smoothly.
Multitasking: unlike regular employees, who do assigned tasks and are generally prohibited from working for other companies, freelancers can work for multiple clients or companies simultaneously, as long as they complete projects accurately and meet set targets.
High income potential: becoming a professional freelancer, you can earn significant income, which depends on your ability, creativity, and reputation in the freelancer community.
– Disadvantages
Initial investment: Depending on the service you choose, the initial investment might be high, including paying for advertising, PR, or quoting for recruitment services.
No health insurance: Freelancers won’t have health insurance benefits for illnesses or medical issues, so you must save up or register with a private insurance provider.
Potentially longer working hours: freelancers might need to work overtime or even stay up late to meet deadlines.
11. Selling POD T-Shirts
POD allows sellers to sell custom-designed products, while dropshipping enables sellers to monitor products directly from manufacturers. Many stories revolve around Print On Demand as more companies switch to this model for their online businesses, with order fulfillment and delivery entrusted to service providers.
This online money-making method is also highly recommended for earning income.
– Advantages
Custom products as requested: POD service allows you to print your unique designs on T-shirts, pillows, mugs, etc., offering the sale of unique items.
Easy finding suppliers: sourcing quality suppliers with integrated systems and management can be time-consuming. POD providers handle these directly for you.
– Disadvantages
High shipping costs and risk of inventory fluctuations.
The product model: your customized products are only made upon order, so the images shown online are mock-ups, not actual products.
12. Making money from YouTube
Many people are doing this, so you probably know about it. Your job is making videos, uploading them to YouTube, and enabling ads.
How much money you make largely depends on whether your content is engaging. For some, it’s around $50 – $100 per month; others can earn about $1,000 – $3,000.
There are also many who create YouTube channels to earn money through affiliate programs, earning $300 – $700 monthly. This is an example from a friend of mine at KTcity.
– Advantages
Many ways to earn money on YouTube, requiring little skill, mainly just creativity. Attracting viewers is the key to success in earning from this platform.
– Disadvantages
High competition, with many people working professionally in this field.
13. Creating a Website for Advertising Services
In online business, a website is like a brick-and-mortar store, a bridge between the business and customers online. Therefore, promoting your website is essential to grow your business, helping you achieve goals such as:
– Increasing online brand awareness
Promoting your site helps introduce it to more people, increasing brand recognition. Online, your website acts as your business’s face; successful promotion helps users remember and have a good impression of your brand.
– Increasing website traffic
Promotional efforts reach more customers, which increases the number of visitors. When that happens, your website’s traffic will likely improve.
– Increasing sales opportunities
The ultimate goal of website promotion is to boost sales. Achieving these two goals makes it easier to sell products and increase revenue.
Demand for brand development is very high, so you can earn about $200 – $500 per month.
– Advantages
Easy to do, straightforward development directions.
– Disadvantages
Generating traffic takes time before you can place ads or get bookings.
14. Selling Online Courses
If you are skilled in a certain field, you can package your knowledge into online courses and sell them. Many people earn substantial income from such courses.
There are two main ways to sell your online courses:
– Through specialized course sales platforms
Unica
Kyna
EduMall
…
– By doing your own marketing and selling
If you sell via course selling sites, these platforms will market your course with the help of the Sales & Affiliate teams.
If you do your own marketing, learn Online Marketing well!
Because selling a course is not as simple as “This course is very good and useful, buy it”.
Income can be from $200 – $300/month, even more.
15. Online Tutor
This idea is an effective way to quickly earn money, especially if you are under financial pressure.
Doing online tutoring essentially means teaching or coaching, just no need to physically commute, and you can do it via video calls on mobile apps or Zoom.
To find students, you can either advertise on social media or use online tutoring apps.
– Advantages
Simple, large market
– Disadvantages
Hard to control quality and student attention.
16. Building a Professional Fanpage
Building an online community on Facebook and charging for posting or reselling the community are also ways to make money on Facebook.
Do you notice all kinds of groups on Facebook?
They are built to attract potential customers.
To build strong groups, you need good content and supporting tools for members & seed members.
– Advantages
Simple, easy to implement.
– Disadvantages
Requires good content skills and a reputable Facebook profile.
17. Earning Money via Phone Apps
If you have iOS or Android phones, some apps can help you earn extra income easily by watching videos, reading ads, taking surveys, or inviting users, etc.
You get paid when performing desired actions within the apps and completing them. Payment methods vary by app, including gift cards, cashouts via bank cards, etc. Popular apps include Momo, Bao, 24h, …
– Advantages
No capital needed, anyone can do it.
– Disadvantages
It is not sustainable and has low profitability.
18. Earning via PPC Networks
PPC (Pay Per Click) is a monetization method where you get paid each time someone clicks on an ad on your site or video that is linked to an ad network. You earn money based on clicks.
Today, the two most popular online income methods in Vietnam are YouTube & Google Adsense.
– YouTube: Find niche topics, create channels, produce daily content, run ads or marketing to reach the required subscribers/view counts for AdSense to monetize.
– Adsense: Find topics with high interest, build a website, create content, register an Adsense account (or buy one in a group), attach ads, and then drive traffic back to your site to earn revenue.
Advantages: Very simple and easy to do, can be done with one hand.
Disadvantages: Low income potential.
19. Selling on E-commerce Platforms
Online selling and e-commerce have long existed and continue to be popular in 2021, regarded as one of the most effective online money-making methods today.
This is an online business model where all product transactions are done digitally through channels like Blogs, Websites, Facebook, YouTube, Zalo, Instagram, etc.
– Advantages
Can reach an unlimited customer base via the internet.
– Disadvantages
This is an online business, requiring capital to start.
20. Other Methods
Simple online earning methods like captcha typing, clicking ads, reading ads, viewing ads to earn money are still popular.
Many people continue to participate in these simple methods due to their ease. Overall, their income potential is very low, nearly nonexistent.
You might earn a few cents daily or lose money instead of earning.
It is best to choose online money-making methods mentioned above, which are reputable, effective, transparent, and clear.
Above is a collection of over 20 ways to make money online, each with its own pros and cons. Hope this article provides the most useful information for everyone.
