11. Create Niche Blogs
Unlike regular blogs, niche blogs are keyword centric, which are targeted to rank high on search engines. For instance, there are many people blogging about mobiles, but only a few are talking about Nokia ONLY.
So if you have a site whose content is only about Nokia, you are creating a niche blog which has higher chances of better keyword rankings. Later you can add contextual ads and earn money.
Or, you can sell the niche blogs at a very high price if it has 1) good content; 2) high traffic; 3) ad revenue potential.
You can read an inspiring post about blogs that sold for millions.
12. Social Network Activity
These social networking sites ask you to sign up and pay you for using the social network. As more members sign up, it increases the social network owner’s chances of displaying more advertisements and earn revenue.
I don’t know whether this method is legal or not but such social networking sites do exist and people are earning from them regularly.
13. Trading on FOREX
FOREX trading is similar to share trading with the difference that in FOREX you have to buy and sell currencies. The value of currency differs with every country. For instance, USD 1 = 51.30 INR and this value changes everyday.
FOREX trading is very lucrative. You can find various online FOREX trading platforms like XE.com. To make profits via this strategy, you have to first reserve foreign currencies for a period of time and when the value of the currency increases, you can sell off those currencies and earn your profit.
Of course, don’t expect to earn from Day 1. You have to research currency valuation for the last 6 months at least to see how your chosen currencies have trended in the market and then you should make the plunge.
14. High Yielding Investment Programs
There are various financial institutions online where you can invest your money for a fixed period of time. These are called high yielding investment programs because they give you periodic fixed returns for the whole duration of the investment, until the last day of the fixed deposition.
At the end, you get back the total amount you had invested as the principal sum. For instance, you invest $20,000 for 3 years with a periodic return of $1000 every five – six months. At the end of 3 years, you get back the whole $20,000 in principal.
This is a good source of investment for long-term secondary income.
15. Start your Own Web Store
Are you good in creating knitted sweaters? Or, are you good in making handmade jewelry? Or are you a writer who is interested in creating eBooks?
With the Internet, it has become doubly easy to sell online. What can you sell? Anything that is worthy of every buck spent by the buyer. There are online premium platforms where you can create your online store and make money from those sales.
If you are interested in affiliate marketing, you can create an E-store of affiliate products, market them and earn commissions.
In other words, you run a full fledged business right from your own home. Just make sure the products are of quality and they are easily shipped all over the world, unless it is an exclusive digital product.
16. Become a Guest Author
It is a misconception that guest authors work for free. Of course, unless you are yourself a blogger and want to guest post on other blogs to increase backlinks, there is no money involved.
However, there are clients out there who are willing to hire only guest posters to research high Page Ranking (PR) blogs, pitch them, write guest posts, publish them and get backlinks to the client websites…and you are paid for all this stuff.
If you have good writing skills, you can easily charge $20 per guest blog of 500 words. You can also create a list of PR 2 blogs to contact freelance clients. A client will always be impressed with a ready made list.
17. Online Teaching
If you don’t want any physical teaching job, you can become an online teacher. Online teachers are in great demand in the US and UK where parents usually prefer Indian teachers because of their vast subject-based knowledge resource.
You can either create an independent website offering online teaching services or you can join online tutorial websites and charge on a per hour basis.
If you are teaching online, be expected to get students from around the world. You need to think about this because there will definitely be time zone differences, sometimes 12-13 hours time difference.
Online teaching is a very lucrative business.
18. Create Search Engine
Google allows you to create a separate search engine for your website. You can do this through AdSense.
First you need a website with good content, then you can custom embed the AdSense codes along with AdSense ads. Therefore, whenever anyone uses your website as a search engine and clicks on the ads displayed, you get to earn money.
It is not easy to make this search engine. You have to read about AdSense in detail to implement this strategy. Not to forget that if your website has good traffic footfall daily, the earning potential increases a lot.
19. Review Products
Before the Internet, there was radio advertisements, TV advertisements, fliers, and other marketing methods that asked consumers to review products and give the company representatives their honest feedback.
Now the companies have left the traditional marketing methodology and have shifted online. They look for people who can review their products, either free or paid, and write about them. This new trend is known as Blogger Marketing.
You only need a website/blog, the skill to write a review and good traffic. Depending on the deal you have with the company, you can even get a small percentage share for sales coming through your website/blog. But don’t confuse this with affiliate marketing, it is entirely different.
You can earn anywhere between $10 – $50+ per product review.
20. Create Tunes
Recall your favorite advertising tunes from your childhood that you used to love very much! These days audio producing companies turn to online tune makers for creating advertising tunes or music for their songs.
Visit fiverr.com and you will be amazed by the variety of such services. You can use Fruity Loops, a tune generator software, to create great tunes and sell them to advertising companies for all they are worth.
Best is to open an E-Store of tunes, hang a price tag and let buyers take their pick.