Take Companies Wasted Materials and Sell Them at a Profit

This is actually a lot easier than it sounds. The great thing about this is that in addition to making money, you will have a great thing to talk about in your job interviews as if you succeed doing this it will show entrepreneur spirit. 

Basically there are a lot of manufacturers who work with materials such as metal and wood, and they will always have scrap materials that they need to dispose of. For these companies it is not profitable to find someone that they can sell these materials at a discount so they basically just give it away to anyone who wants it. The good news is that for you or me, this is profitable. Since you are getting these materials for free then you can sell them for very cheap to whoever wants it. 

When I first saw this, I was thinking that a college student like me has no way of storing wood chips and pieces of metal, but then I came up with a way.

Find the materials you want to sell, then find a buyer, and then just tell the supplier to send it to the buyer. Simple.

Chances are since they are giving away the materials for free that the manufacturer will not want to be in charge of shipping it to you. In this case you will need to find a local manufacturer and have a car. It is a little less convenient but still a profitable operation.

Now the important thing is to find a site that provides a list of updated materials for free within your local area.

I live in England and I have found eastex.org.uk to be the most convenient site. It has a simple interface and is fairly local for me.

This method of making money is a little less 'virtual' than what I would like the posts on this site to be, but I think it has some potential.

EARNING POTENTIAL:

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Interested in Graphic Design? Get Paid to Create Logo's for Websites

This is another way to make money for the artsy type of person. It is also a very similar method to the freelance photography post I wrote a couple of days ago. It is pretty simple, if you are good in graphic design then check out ifreelance.com. It is a marketplace that brings together graphic designers and webmasters/publishers. I have heard of some people earning up to $100 per logo. Now I do not know if this is real, it does seem like a bit of a stretch but I do know there is a lot of potential to make some money.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feeder (on the right) to receive a free ebook: "Monetize your Website for Beginners" when it comes out in early March.

Sell your photos online

This is a really easy way to make money for a specific type of person. The person I am talking about is the camera person. We all know one at least one person who is obsessed with photography. Personally I do not understand the 'science' of photography, but I do realize that there are a lot of student or recreational photographers who could benefit by making a buck. Now if you are looking into a career of freelance photography then it might be better to try and get your photos published directly, but if that is not your focus then you can earn some money with istock photo. 

Istock Photo is basically a market place where anyone can sell their photos, videos or audio clips, and then anyone who needs these products for websites or catalogues can purchase them. Naturally ISP gets a commission fee, although I am not sure how much.

 

Photo prices range from 1 to 17 GBP while videos are a little more expensive and range from 12-69 GBP. The price really depends on the resolution/size of the product.

The downside of this is that there is a huge supply. If you make selling this easy then a lot of people are going to sell. The only way to make money is to really stand out, which is very hard to do. However, if you sell a couple to the same person/organization, then you could potentially create a relationship where you will supply them with photos on a constant basis. 

Overall, if you have tons of photos and don't mind selling them online for a little money then you should definitely try this, as there are really no costs associated with it and it doesn't take up a lot of time. Check out istockphoto.com to learn more.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feeder (on the right) to receive a free ebook: "Monetize your Website for Beginners" when it comes out in early March.

Earn $10 immediately just for signing up

No this is not a joke. Read carefully because this is the easiest way of earning $10 short of asking mom and dad for it. The service Hits4Pay is form of link between advertisers and publishers. How it works is you get sent emails around 8 a day, and each pays you $0.02. However, they do guarantee that you will receive $10 just for signing up, and you never have to pay for anything. It's incredible. 

You may be saying that $0.02 is not worth receiving emails, and you have a point, for 8 emails per day you would only earn 16 cents. This translates to $58 a year which is actually not bad. However, the beauty of this is that you also earn $0.02 for every email read by a person you referred. Therefore if you sign up by clicking from my website, we will both earn $0.02 for every email you read. Then you can earn $0.02 from every person you refer. Therefore lets say you refer 100 people, each reading 8 emails a day. That equals $16 a day for you, translating to $5840 a year for doing practically nothing. 

The only 'limitation', if you can even call it that is that in order to reach the full earning potential you need to have a fairly popular site.

So check out Hits4Pay and get your $10 in the next 5 minutes.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feed (on the right), all subscribers receive a free ebook on "How to Monetize your Website for Beginners" when it comes out in early March

Sell Amazon Products on your Site for Free

This I believe is the next step in affiliate marketing. You do not just advertise a single site or store, but with Amazons program you can advertise individual products on your site. This is brilliant as it basically means that you can create an online store without any shipping, billing or administrative nuisances. For example I operate a sports site called The Sports Retort, and I am currently implementing various exclusives such as book and movie of the week (related to sports of course). This is a good way to make money for a start up site, but it is an amazing way to make money if you have a good base of subscribers. If you do then do not wait and sign up at amazon.com. 

The only bad news is that they do not provide commission fees anywhere near to the 75% that clickbank does. For most products you earn a measly 10-15%. However, think about it this way:

Let's say you advertise two products.

A) a clickbank product for losing weight that costs $50 and of that you will receive $25 in commission fees.

B) a bestseller book connected to the theme of your site that is sold by amazon and will earn you $5 commission.

I would choose product B, as I know that someone who visits my site and clicks on the link for the product is much more likely to purchase from amazon than some unknown site. People are not stupid and a site is deemed to be a scam until proven innocent.

So check it out and get started selling amazon products ASAP.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feed (on the right), all subscribers receive a free ebook on "How to Monetize your Website for Beginners"

Top 15 Sites that Pay you to Blog

I have written a post on a similar topic concerning payperpost.com where you get paid to review various products on your blog. This is a great way to make a couple hundred dollars of income every month. Each site is a little different but the idea remai

ns the same.

#1: PayPerPost.com

I have reviewed this site already, and they do require that your blog is more than 90 days old and there are more than 20 posts before you can get accepted into their program.

#2: SponsoredReview.com

This one is similar to reviewme discussed below and even though

 there are less opportunities, I have placed it higher on the list because it charges a lower commission.

#3: Blogitive.com

This site is different from all the others as it doesn't have a pay scale. You get paid $5 for every post no matter what the length or quality. This is bad for more popular blogs as they can earn much more on other sites. On the other hand it is good for starting up sites.

#4: ReviewMe.com

This site differs from the others in that it is much more of a marketplace between advertisers and bloggers. Therefore instead of the site doing the placement and payment, it is rather the decision of the advertiser. I haven't had much experience with this program but I do know that they take a very large commission. However, if you have a popular blog then you can earn some serious cash for a single blog post.

#5: BloggerWave.com

Another flat payment for each individual post of around $10. However, I have heard about bloggers who have had late payments.

#6: Blogsvertise.com

#7: LoudLaunch.com

#8: Smorty.com

#9: PayU2Blog.com

#10: BloggingAds.com

#11: CreamAid.com

#12: LinkWorth.com

#13: BlogtoProfit.com

#14: InBlogAds.com

#15: DewittsMedia.com

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Earn Money Tutoring Online

This one is much more of normal work compared to most online money making methods (:P), and it is not a form of passive income. This means that you get paid for the hours you work. If you have a special talent or a lot of knowledge about a certain subject you can tutor online. It is a booming online business. You can set your own schedule, choose your clients, and you determine how much you get paid per hour. The website is sort of like a market place, bringing the tutees and tutors together. You create an online profile and then tutees can contact you through the site. Most sites I have checked out provide an online blackboard software that makes tutoring very easy. 

Bonus Hint: Lie in your profile. This may seem unethical but honestly make sure to write you have tutoring experience. The only downside to online tutoring is that the customer can easily compare various tutors, and therefore in order to get tutees you have to be competitive.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feeder (on the right) to receive a free ebook: "Monetize your Website for Beginners" when it comes out in early March.

Sell Customized T-Shirts Online

This might be one of the fastest and easiest ways to make money online by which I have come across. You know all of those websites that sell t-shirts with various slogans and images on it? Well one of the leaders of this industry, cafepress.com is running a program where anyone is able to start a branch off from cafepress.com and sell their own customized designs. You get your own store link to the effect of cafepress.com/username and then you are able to design your own stuff by uploading images. You are also able to set your own prices for all your products. There is a basic fee of the garment and then you can add on a commission to each product. This commission is then your take home pay.

The greatest thing about this is that whatever you create, you have the option of allowing cafepress.com to display your created items on their main site. This means that all you need to make money is 30 minutes of spare time and a great idea. There is no worry about months of work in order to get decent traffic, all it is is just creating a product and letting cafepress sell it for you. 

EARNING POTENTIAL:

This is the first 5/5 rating I have given so far and it is not necessarily for the grand total you are able to earn, but rather the amount you are able to earn in a very small period of time.

Make sure to subscribe via the RSS feed (on the right), all subscribers receive a free ebook on "How to Monetize your Website for Beginners" when it comes out in early March

Get Paid $50 cash to review software online

This is an excellent opportunity to earn money if you are very knowledgeable about software. Unfortunately I am not, so I will not be able to take advantage of this offer and this might make this post a little dry. The site softwarejudge.com reviews various computer software and they are always looking for new reviews. Now $50 is the maximum amount they will pay you for one review and they go out on a limb to tell you that the review will have to be of a very high standard to get that much. However, they guarantee that every review they publish will receive at least $1. Realistically, let's assume that you are able to earn $5 per review, and you do 3 reviews per day. That is $15 a day, which equals $450 a month, not bad at all. So check out softwarejudge.com for more information.

Now since I am unable to benefit from this program I am not completely aware if the length required to get paid specific amounts. However, I have looked at some of the reviews and there are a couple that are only 50 words. So if 50 quality words get you $1, then if you write 1000 words day in reviews you can earn up to $20.

Advantages:

• Straightforward
• A guaranteed payment scheme

Disadvantages:

• Requires software knowledge

EARNING POTENTIAL:

Make sure to subscribe via the RSS feed (on the right), all subscribers receive a free ebook on "How to Monetize your Website for Beginners" when it comes out in early March

Have a Blog? Get paid to write reviews

Trying to earn money through your blog or website can be difficult and unpredictable. A majority of the monetizing strategies available such as ads and affiliate programs are functions of how many people click or buy the product. However, as I was researching new ways to make money I could write about I came across one of the best ways to monetize your website or blog, all that is required is traffic.

Payperpost.com is a program where you sign up, and then write reviews of products for a fixed fee per review. You sign up your website or blog and then they review your site in order to make sure it qualifies. The only drawback is that they do not accept sites with very low traffic. This makes sense as they do not want to pay someone to write and then have no one read it. You get to specify what your fee per review is, and the default setting is $5 which is not bad. I suggest you do not go higher when you are starting out. Once you show that you can write well then you can raise your fee. 

The great thing is that as most monetization strategies require traffic and conversion (selling), this method only requires traffic, as you get paid upfront. If you just started your site or blog then this may not be a realistic method, and you might have to wait a while before you have enough traffic to get accepted into their program. Just make sure to not forget about this site when you do have enough traffic.

EARNING POTENTIAL:

Make sure to subscribe via the RSS feed (on the right), all subscribers receive a free ebook on "How to Monetize your Website for Beginners" when it comes out in early March