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16 Successful Strategies to Make Money Online in 2023
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Our evaluations and opinions are not influenced by our advertising relationships, but we may earn a commission from our partners’ links. This content is created independently from TIME’s editorial staff. Learn more.
JESSICA MARTEL
NOVEMBER 2, 2023
The world is becoming more virtual, increasing the number of ways you can make money online. An online work-from-home situation offers a lot of perks, including flexibility, a comfortable environment, and no stressful commute. Whether you’re stuck in an office and ready to make a change—or are just looking for a convenient way to make money on the side—check out this list of options on how to make money online.
Ways to Making Money Online
Start a blog
If you love to write and have something useful or inspiring to say, consider starting a blog. A blog is a website where you regularly share your ideas or expertise with your readers. Before you start sharing your thoughts, you need to create a website. You can hire someone to build it for you or do it yourself. Website builders like SquareSpace make it really easy to put together a website on your own even with no previous experience. Once your site is up, it’s all about writing good content consistently and promoting your blog to attract readers and subscribers. If you want to monetize your blog, you need an audience. Then, you can use methods like affiliate marketing (earning income through product recommendations) and ads. You can also create your own product or service and sell it on your website.
Complete online surveys
If you’re looking to get rich, online surveys are not the way to do it. However, you can earn other rewards by sharing your opinions on different products or websites like Survey Junkie. By filling in surveys, you make some extra cash to spend on daily expenses such as gas and groceries, or you get gift cards for different stores and restaurants like Amazon, Walmart, and Target. Survey Junkie reports that it pays over $55,000 per day to its members. You can earn $100 per month via virtual points redeemable for e-Giftcards or cashouts via Paypal by completing three or more surveys a day. Do four or more and your potential haul increases to $130.
Start a side hustle
Having a side hustle or side gig in addition to a full-time job is pretty normal these days. Many people make a decent amount of money using side-hustle apps such as DoorDash or Uber. If you don’t want to go door-to-door delivering food—or don't have a car or the car insurance needed to become an Uber driver—you can look for other opportunities. With apps like TaskRabbit or Handy, you can get hired for random odd jobs in your neighborhood. If you want a side hustle that gets you outside and moving, check out the Rover app to find dog-walking clients.
Sell websites (or online businesses)
Got a website or online business with a decent following or perhaps a desirable domain name registered in your name? There’s money to be made from flipping websites. You just need to know where to look. Often the biggest hurdle is figuring out how much the website or business is worth and finding interested buyers. Websites are said to be worth two to three times the annual profit they generate, although that isn’t set in stone and can vary considerably. For a better idea, consider getting a professional valuation. Once you’ve settled on an asking price, look for an online marketplace that specializes in these types of transactions. It’s important to find somewhere safe that can attract as many potential bidders as possible. Flippa, which also offers a free website valuation tool, is considered one of the best.
Write a newsletter
An online newsletter is an email you send out to your subscribers to share information or promote a product or service. Let’s say you have a blog or a YouTube channel that’s all about yoga. In your newsletter, you can promote your favorite yoga wear using affiliate links. If your readers click on the link, it’s money in your pocket. You can also use your newsletter to promote your latest online yoga workshops, your one-on-one online yoga coaching sessions, and your comfy merch.
Create a Youtube channel
If you’ve always dreamed of being the next big YouTube star, now’s your chance. To make money on YouTube you need views and subscribers—lots of them. To qualify for the YouTube Partner Program, you need at least 1,000 subscribers with 4,000 public watch hours over the last 12 months or 1,000 subscribers with 10 million public short video views over the last 90 days. If you can meet these criteria, it’s possible to earn money. Using your YouTube Channel, you can try to profit from advertising revenue, channel membership, and selling merchandise in your YouTube store.
Write an ebook
Have you been sitting on a book idea for years? If so, why not try to self-publish and sell an ebook online? From financial advice and self-help to cookbooks and fiction, there is no end to what you can write about. If you have expertise on a subject and want to share your knowledge, an ebook is a great way to get the word out. There are many online ebook publishers, including Amazon Kindle, Smashwords, and Rakuten Kobo. Writing a book isn’t easy, and it takes a significant amount of effort on the front end. But once you hit publish, your ebook has passive-income potential.
Voice-over acting
For those with a beautiful, unique, or radio-announcer tone, have you considered voice-over work? Successful voice-over actors often have a background in acting (though it’s not necessary) and are able to do different characters or accents. Voice-over actors can find work narrating ebooks, online videos, or online ads. To get started, you will need a professional portfolio to share with potential clients. Voice-over acting also requires some initial investment. You’ll need to purchase a microphone and headphones, as well as voice recording and editing software.
Become a virtual assistant
A virtual assistant is a remote worker who offers administrative support to different clients. Successful virtual assistants are organized, reliable, and tech-savvy. The exact job tasks you will do as a virtual assistant can vary greatly based on your skill set as well as what your client wants. Some services you might offer include: responding to emails, scheduling client meetings and appointments, transcribing documents, and coordinating travel or bookkeeping. If you already have administrative experience, this can make it easier to break into the industry, but it's not necessary. You can start to look for clients using platforms like Belay, Upwork, and Zirtual.
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