It’s no secret that the Internet has revolutionized how we spend money. According to the U.S. Census Bureau, more than 13% of all retail sales in America are now made online. The COVID-19 pandemic accelerated this trend, as more shoppers turned toward e-commerce as an alternative to traditional brick-and-mortar stores.
What’s less obvious, at least at first glance, is how the Internet has opened up new ways to make money. Depending on how much time and effort you want to put in, the Internet can be anything from a piggy bank you dip into for extra cash to your primary source of income.
There are easy ways to use the Internet to earn money in your spare time, such as getting cash back when you shop through an app. At the other end of the spectrum, there are full-time jobs you can do online from your own home. It’s even possible to start a small business and run it entirely on the Web. In short, the possibilities for making money online are nearly endless.
1. Earning Cash Back
One of the easiest ways to make money online is to earn cash back on the things you buy. Rewards apps give you money for shopping or, in some cases, just for going into stores without even buying anything. And you can boost your earnings even further by applying online for a new rewards credit card, which will earn you points or cash back every time you use it.
Cash In on Rewards Apps
- Capital One Shopping. When you shop online using the free Capital One Shopping browser extension or mobile app, it automatically applies coupon codes to your purchase. Plus, if you’re shopping on a website like Target or Best Buy, it scans hundreds of other websites and lets you know if there is a better price somewhere else. And you can earn up to 12% cash back at the same time.
- Ibotta. Rewards aren’t just for online shopping. With the Ibotta app for iOS or Android, you can earn cash back for shopping in stores as well. The app offers deals on specific items, and you earn rewards when you buy them. Shop through the app, link it to a store loyalty card, or scan your receipts with your phone to verify your purchase. Ibotta also has a browser extension for Chrome and Firefox.
- Fetch Rewards. Similar to Ibotta, Fetch Rewards allows you to earn cash back when shopping in stores and online. Simply snap your paper or digital receipts to earn points you can cash in for gift cards. You can boost your points by shopping special offers, referring friends, or joining a retail partner’s loyalty program.
- Rakuten. Shopping online through Rakuten earns you cash back at over 2,500 retailers, both in-store and online. Partners include eBay, Macy’s, and Walmart. Just click through the app to a retail site or link an offer to a credit card for in-store shopping. Rewards show up in your account, and you can cash them in via check or PayPal.
- InboxDollars. With InboxDollars, you can earn rewards not only for shopping with the site’s retail partners but also for just goofing off online. Taking online surveys, watching TV, and playing games can all earn you anywhere from a few cents to a couple of bucks. You can redeem your rewards for cash or gift cards. Read our InboxDollars review.
- Shopkick. With the Shopkick app, you can earn points both in stores and online. You can get points for merely visiting a store, more points for viewing or scanning a specific item, and still more for making a purchase. Shopkick also awards points for browsing and watching videos.
- Swagbucks. Another app that offers multiple ways to earn is Swagbucks. You can get cash back on everything you buy through the site’s retail partners and also earn small sums for watching videos, taking online surveys, and searching the Web. Rewards, called Swagbucks, are good for gift cards or cash. Read our Swagbucks review.
Capital One Shopping compensates us when you sign up for Capital One Shopping using the links we provided.
Find a New Cash-Back Credit Card
The Internet can also help you find the best rewards credit card for your needs so you can earn the biggest bonus every time you shop. To find your perfect card, follow these steps:
- Check Your Credit. There are several sites online where you can check your credit score for free, such as Credit Karma and Credit Sesame. They can give you an idea of what kind of credit offers you qualify for.
- Choose Your Rewards. Decide what type of reward you’re most interested in earning. You can choose from cash-back credit cards, travel rewards cards, and hotel rewards cards.
- Compare Rewards Programs. Look for a card that gives you the highest reward in the categories where you spend the most, such as gas or groceries. Consider how easy it is to use your rewards and whether they expire.
- Compare Terms. Once you have your list narrowed down, compare cards based on interest rates and fees. Think about which fees you want to avoid most, such as annual fees or foreign transaction fees, and choose a card without them.
- Apply Online. Apply for the card of your choice through a secure website. You can get a response in a matter of minutes.
2. Selling Products
Selling stuff online can mean anything from unloading a few unwanted items to running your own online store. Most online sales sites make it easy to do either one. You can start by selling just a few items at a time and then decide whether you want to work your way up to a full-fledged business.
Sites where you can sell items online include:
- Craigslist. The big advantage of selling on Craigslist is that it’s completely free to use. The downside is that you can only reach buyers in your local area. However, it’s a good way to sell things too heavy to ship easily, such as furniture.
- EBay. Listings on eBay are free, and you can sell almost anything here. For most items, the site takes 14.35% of the sale price as its cut, plus $0.30 per order.
- Etsy. If your hobbies include handicrafts such as sewing, pottery, or woodworking, you can earn extra cash selling your crafts on Etsy. The site charges a small listing fee for each item and also takes a cut of every sale.
- Stock Photo Companies. Both professional photographers and ardent amateurs can earn some money selling their photos to stock photo companies. Your pictures could show up in magazines, online, and even in textbooks. Sites to try include Alamy, iStock, and Shutterstock.
- CafePress. Through CafePress, you can design and sell your own products, such as T-shirts, mugs, and stickers. The site takes care of all the details like printing, shipping, and handling sales. It also keeps most of the money, but you earn a small commission of 5% on each sale. There’s also a monthly fee of $5 to $10 for maintaining a store.
- Threadless. Like CafePress, Threadless is a site where you can create and sell digital designs. Its products include T-shirts, hoodies, mugs, wall art, and home decor. It’s free to set up a store, and you can set your own prices. The site charges only a base fee for production costs.
- Zazzle. On Zazzle, you can design and sell a wide variety of products. Along with T-shirts and totes, the site can help you create custom stationery, phone cases, playing cards, and even golf balls.
- Shopify. If none of the sites listed here meets your needs, you can use Shopify to set up your own online store. The site can help you get started with sales, marketing, and managing orders.
3. Selling Services
To sell products online, you first need a product to sell. However, to sell your services as a part-time side hustle, all you need is the skill to do a job and someone willing to pay you. You can use the Internet to connect with clients in your local area or find work you can do entirely online for clients anywhere in the world.
Jobs You Can Do Online
There’s a fantastic array of online freelancing jobs, as well as other work you can find through the Internet. Here’s a sampling of the jobs available through the Web:
- Airbnb Host. If you have a spare room in your house, you can make money renting it out through Airbnb. Just list your property and include some photos; the website books guests for you and processes the transactions for a fee (typically 3%). According to Earnest, Airbnb hosts typically earn between $100 and $500 per month.
- Sharing Your Car. If you have a car that you don’t drive every day, you can share it on Turo. Start by listing it for free and then set the daily rate and rules. The earnings potential on Turo is high, perhaps even enough to cover your entire monthly car payment.
- Consulting. If you have expert knowledge in any field, you can make money online by advising other people about it. For instance, Forbes spoke to a successful blogger who consults with companies about social media and online marketing for an average of $100 per hour. You can get started as a consultant by setting up a free profile on Clarity.
- Delivery. With a car and a decent driving record, you can make money delivering food for DoorDash or Uber Eats, packages for Amazon Flex, or groceries for Instacart. In fact, in some big cities, you don’t even need a car; you can make your deliveries by bike. According to ZipRecruiter, delivery drivers earn an average of $14 per hour nationwide.
- Driving. Another way to earn cash with your car is to drive for a ridesharing service, such as Uber or Lyft. These services can even provide you with a rental car if you don’t own one. According to TheStreet, drivers earned around $9 per hour in 2019. However, the pay varies based on where you live and when you work.
- Freelance Writing. Anyone with writing skills can find work as a freelance writer, but the pay varies widely. The Freelance Rates Database from Contently shows pay rates ranging from over $1 per word to less than $0.01. As of June 2021, the average pay per hour worked out to $23.43, according to PayScale.
- Graphic Design. Graphic designers create art and lay out documents, such as brochures and posters, for their clients. According to PayScale, trained graphic designers were earning between $12 and $30 per hour in June 2021.
- Tutoring. You can make money and help others at the same time by tutoring struggling students. You can help students learn specific subjects or prepare for standardized tests. Sites that connect students with tutors include Education First and VIPKid, which is solely for English tutors. VIPKid says its tutors earn $14 to $22 per hour.
- Virtual Assistant. A virtual assistant is an office assistant who works entirely online. The job can involve reading and responding to emails, managing schedules, making travel plans, bookkeeping, research, writing, data entry, creating presentations, maintaining a website, and “social chores” such as sending thank-you notes or holiday greetings. According to PayScale, as of June 2021, this job typically pays between $10 and $26 per hour. There are even courses available on how to become a successful virtual assistant.
Sites for Finding Work Online
The sites listed above specialize in particular types of online work. However, other sites list a wide variety of jobs, both large and small. These include:
- TaskRabbit. On TaskRabbit, you can find clients for a variety of odd jobs to do in your free time, such as painting, assembling furniture, or yard work. The pay varies by task and location. For example, the typical fee for assembling a desk in New York City was $71 to $160 as of June 2021.
- Craigslist. In the “gigs” section on Craigslist, you can find many types of work, from installing tile to social media marketing. Be careful, though; many of the “gigs” listed here are actually scams. Check out any job opportunity carefully before signing on.
- Fiverr. On Fiverr, you can offer your services for any task, such as writing a blog post, designing a website, or being an online fitness coach. You set your own price at anywhere from $5 to $995, and the site takes a 20% cut.
- Thumbtack. Through Thumbtack, customers get matched with professionals in all sorts of businesses, from wedding photography to landscaping. It’s free to set up a profile, and the site charges a fee based on how many leads (potential new customers) it finds you. However, you can set a cap on this fee, such as $65 for two to five leads per week.
- MTurk. Amazon’s Mechanical Turk, or MTurk for short, offers an assortment of bite-sized “human intelligence tasks,” such as filling out online surveys or identifying items in a photo. These tasks don’t pay much, but they’re easy to do in your spare time. Just don’t expect to make a full-time job out of it. According to a 2017 Cornell University study, the typical MTurk worker that year made only $2 per hour.
- Upwork. Freelancers of all kinds can sell their services through Upwork. The site has listings for a wide range of professional services, including writing, Web design, accounting, and IT.
4. Posting Content
There’s a limit to how much you can make by selling services online because there’s a limit to how many hours you can work in a day. However, when you create and post content online, you can continue to make money from it for years to come. It’s a good way to create a passive income stream — a source of money that flows in with no additional work on your part.
Types of Online Content
There are many types of content you can post online and turn into sources of revenue. The major ones are:
According to John Morrow of SmartBlogger, a really successful blog can bring in over $1 million per year. However, he stresses that it takes more than passion and hard work to achieve this kind of success. To make real money blogging, you need to reach “a large audience who buys things.”
The key to doing this is finding a niche — a specific group of people interested in specific content — and then designing everything to appeal to that group. Know what your niche audience wants to read, write exclusively about those topics, and write better than everyone else covering the same topics.
It takes work to build a successful blog, but once you’ve got it up and running, it doesn’t take too much effort to keep it humming along and bringing in money. For more ideas, check out these blog monetization tips from Setapp.
Another way to turn your words into cash is through a successful podcast. Like a blog, a podcast needs to start by finding the right niche, then build up an audience and attract sponsors. A podcast can also go hand-in-hand with a blog, with each one drawing a bigger audience and new sponsors for the other.
Podcasting is more work than blogging since it takes more equipment and organization to write, record, edit, and publish, but it offers big potential earnings. For instance, an earnings report for the successful Entrepreneur On Fire podcast hosted by John Lee Dumas shows that it earned over $220,000 in May 2021.
If you express yourself better in front of a camera than in writing, another way to build up an audience is to set up a YouTube channel. According to Inquirer, the top 10 highest-paid stars on YouTube have all earned upwards of $10 million each over careers ranging from three to 16 years.
Of course, these are hugely successful stars with millions of viewers apiece. But even smaller-scale channels can bring in some side income through ads and sponsorships.
If you have a skill that others would like to learn, you can earn good money by creating an online course to teach it. There are online courses to teach all kinds of skills, including cooking, writing, marketing, massage therapy, and playing the guitar. There are even courses on how to create online courses.
A good online course includes videos, worksheets, and perhaps a discussion forum for students. You’ll have to create all this content on your own, but a platform like Teachable or Zippy Courses can help you organize it into a coherent course, find students, and receive payments.
A shorter version of an online course is a webinar — a single video teaching session, usually streamed live, that lasts an hour or so. However, to make money from webinars, you first have to build up a decent online presence — for instance, through a blog or social media.
Jeff Rose of Forbes notes that webinars can also be a useful tool for selling a full-scale online course or another product or service that you offer. One useful tool for creating webinars is GoToWebinar.
A final way to turn your knowledge into cash is to put it in a book you can sell online. Nowadays, you don’t need a publisher to do this; sites like Amazon’s Kindle Direct Publishing make it easy to self-publish both printed books and e-books. It costs nothing to create a book this way, but Amazon takes a cut of each sale on top of any printing costs.
However, you can still make a lot of money this way because you can reach so many potential readers through Amazon. Rose says one blogger he knows has several self-published books that bring in an average of $1,857 per month in sales.
Ways to Make Money From Online Content
Once you’ve decided what kinds of online content you want to create, you need to figure out how to make money from that content. Some options include:
One easy way to make money from blogs and videos is by selling ad space. The easiest way to do this is through Google AdSense. It’s easy to set up, and Google takes care of tracking your views, traffic, and earnings. Rose says he once made $5,000 in a single month through Google Ads, but this is only possible once you have a successful site with a lot of readers or viewers.
Another way to monetize a blog is through affiliate marketing, or setting up partnerships with brands to promote their products and services. Whenever you mention one of your partners in a post, you include a link to the brand with a code showing it came from your site. Your partner then pays you for every customer who buys the product after clicking on one of your links.
Many resources can help you find affiliate partners for your site, including ClickBank, CJ Affiliate, Rakuten Advertising, ShareASale, and Impact Radius. Rose recommends looking for partners that are related to your blog’s niche, such as gardening supply brands for a gardening blog.
Another way to work with brands is to have them sponsor you directly. For instance:
- If you have a podcast, you could secure a sponsor who pays you a fee to talk about their products and services at some point during the podcast — like an ad with a more personal touch.
- If you have a YouTube channel, you can get companies to sponsor your videos or pay you for placing products in them.
- Bloggers can write sponsored posts about a particular product or service in exchange for a fee.
Rose says he got $100 for his first sponsored post, but nowadays with his successful site, he can charge $4,500 per post. He also notes that his wife, who has a sizable Instagram following, earns both cash and free stuff for promoting “things she loves” on her page.
One of the best ways to make money from YouTube videos is to join the YouTube Partner Program. To do this, you must have a channel with at least 1,000 subscribers, 4,000 watch hours in the past year, and a linked AdSense account.
If you’re accepted as a partner, you can earn money through ads displayed on your videos, channel memberships, and donations via the Super Chat feature. You also get a cut of subscription fees paid by YouTube Premium subscribers who watch your content.
There are some forms of online content, such as books and online courses, that you can simply sell directly to customers. Offering content for sale can be a good way to make money off a blog, like the blogger mentioned above who earns $1,857 per month from book sales.
Companies are always looking for new customers, and they’re often willing to pay for leads on people who might want their products and services.
For instance, Rose has a site about life insurance that gets a lot of visitors interested in buying it. Rather than selling insurance to them directly, he has a form on his site that people can fill out to request quotes from insurance companies. He then collects a fee from the companies for connecting them with interested customers.
Memberships and Subscriptions
If you have a big enough online presence that a community has formed around you, you can charge people for membership. For instance, you could create an online forum and charge people a small fee to view or post there. You can also charge a subscription fee for a channel on YouTube or the online gaming network Twitch, a podcast, or an email newsletter.
A final way to earn money online is to harness the power of the Web for investing. The Internet has created whole new areas to invest in, as well as making it easier to put your money into traditional investments.
Here are some ways to use the Internet for investing, from simple to complex:
Earn More on Your Savings
Opening a savings or checking account at an online bank like Bask Bank or Varo can get you a much better rate than you could earn at a traditional brick-and-mortar bank. Online banks also offer low fees and good customer support. Making this switch won’t put a lot of extra money in your pocket, but it’s as close to a risk-free investment as you can get.
Use a Robo-Advisor
If you’ve been keeping most of your money in the bank because you don’t know how to invest it, a robo-advisor can help. These are algorithms that select a portfolio of index funds for you based on your investment goals and then maintain it automatically.
Investing with a robo-advisor is easy and costs less in fees than a typical managed fund. Some of the better-known ones are SoFi Invest, Betterment, and Acorns, which focuses on investing with small sums.
In the past, if you needed to borrow money, you had to get a loan from a bank — which, in turn, was getting it from depositors. Today, the Internet has made it possible to eliminate the middleman. You can make loans directly to borrowers through peer-to-peer (P2P) lending platforms such as LendingClub and Prosper and keep most of the interest for yourself.
You can also use the Internet to invest in other people’s businesses as part of a group. Various equity crowdfunding sites like Groundfloor allow you to stake moderate sums on many different ventures and make money on the ones that succeed.
This kind of investment can be risky since many startups fail. However, it also offers a chance to get in on the ground floor with one of the few that become wildly successful.
Here’s an investment that definitely couldn’t exist without the Internet: buying and selling websites. Through sites like Flippa and Deal Flow Brokerage, you can purchase available domain names or entire online businesses, then sell them to others for a profit.
Website flipper Jase Rodley says there are two ways to get websites to flip. You can build your own sites from the ground up or buy existing sites that aren’t earning up to their potential. Either way, it takes time and know-how to turn a website into a valuable commodity. It’s not an investment for beginners.
Don’t feel limited by this list. The Internet has opened up a whole new world of money-making opportunities, more than a single article can cover. If you have an idea for a new product or service you’d like to sell online, there’s almost certainly a site out there that can help you do it.
No matter what your passion is, you can probably find a way to make money from it online with enough time. Just search the Web for stories of others who have done the same, and then follow their examples. If you succeed, your own success story could be an example to others one day.