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Home›Business›What to do in 2023 to make money online?

What to do in 2023 to make money online?

By Ottilie Morar
September 14, 2023
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A decade or two ago, the internet didn’t offer a lot of money-making opportunities. In 2023, there are more ways than ever for regular people to make extra money online with just a computer and internet connection. 

Start a blog 

Making money online through blogging remains popular. Your audience grows over time as you create content around your passions. Once you achieve decent traffic, there are several income streams available:

  • Advertising – Display ads from networks like Google AdSense allow you to earn money when visitors view or click on ads. Topics like finance, tech, and travel tend to monetize well with ads.
  • Affiliate Marketing – Promote relevant products on your site and earn commissions when viewers purchase through your links. Affiliate programs are offered by most major brands and retailers. 
  • Sponsored Posts – Accept paid promotions to review or mention products/services relevant to your audience. Disclose sponsored content properly.
  • Premium Content – Offer exclusive premium content or courses that viewers pay to access via memberships or one-time purchases.

With time and consistency, you can achieve a five or even six-figure income from a successful blog.

Launch an online course

With topics you’re knowledgeable or skilled in, you create online courses to sell. Popular course platforms like Udemy and Teachable make selling video courses easy. Promote your course through your website, social media, and platform marketplaces. Top-performing courses generate thousands per month in passive income.

Sell digital products

  • Ebooks
  • Audiobooks 
  • Stock photos, graphics, and art
  • Software, scripts, plugins
  • Templates, guides, and planners
  • Music, podcasts, and more

Digital products require some upfront work, but involve no upkeep or distribution costs. Sell them on your website or platforms like Gumroad, Etsy, and Creative Market.

Become an influencer 

Social media influencers earn money by promoting brands and products to their audience. While becoming an influencer takes time, you get started on platforms like: 

  • YouTube – Create fun or helpful video content regularly to build a following. Monetize with ads, sponsorships, and affiliate links once you have 1,000+ subscribers.
  • Instagram – Post interesting photos and stories in your niche. Collaborate with brands once you have 5,000+ engaged followers. 
  • TikTok – Upload short, entertaining videos and leverage TikTok’s powerful algorithm. Start making money through TikTok’s Creator Fund once you hit 10,000 followers and get views.

Influencing is very lucrative for creators who achieve large reach and engagement.

Provide freelance services

how to make money online in 2023? Freelancing remains hugely popular, giving you flexibility to work around your schedule. Some examples of freelance services that are in demand include:

  • Writing and content creation
  • Graphic design 
  • Video editing and animation
  • Voice over work
  • Bookkeeping
  • Programming and tech services
  • Consultancy in your area of expertise

Rent out your space

If you have an extra room or property available, you easily earn hundreds or even thousands per month renting it out on rental sites like Airbnb, Vrbo, and Booking.com. This generates mostly passive income outside your regular job. Even renting out parking spots, storage space, or your driveway when not in use makes for decent side earnings.  

Take paid online surveys

Earning extra money from online surveys in your spare time is easy. They typically pay $1-$5 per survey and many are completed on a smartphone. Popular survey sites include Swagbucks, Survey Junkie, ProOpinions, and Vindale Research. While survey earnings won’t make you rich, they provide an effortless option for some passive income. Sign up for multiple survey sites to maximize the number of paid surveys available.

 

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