from Hacker News

Ask HN: What is your proven way for making money online?

by pythonbull on 10/15/16, 4:58 PM with 1 comments

It can be blog.
  • by codegeek on 10/15/16, 5:53 PM

    Proven ways to make money online:

    1. Product

    2. Service

    3. Ads

    4. Affiliate commissions

    Basically, most online money making involves one or more of the steps above. Let me expand a bit more:

    Product

    ----------

    - You can build a SAAS and charge a subscription fee.

    - You can sell code such as themes, plugins etc for variety of platforms including WordPress, bootstrap etc either on your own website or through marketplaces such as themeforest, wrapbootstrap etc

    - You can create and sell desktop apps. E.g. Text editors such as Sublime etc.

    - You can create and sell apps on smartphones/ipad/iOs/Android.

    - Create "tutorials" and "how-tos" and charge for them. E.g. laracasts.com

    Service

    --------

    Service can be anything really but for the HN crowd, it could be things like:

    - Provide managed hosting services. E.g. Host WordPress sites for clients, provide maintenance for a fixed fee

    - Become a freelancer and offer your services on fiverr.com or freelancer.com etc.

    Ads

    -------

    - Create a niche blog and start writing quality articles.

    - Sign up with Google Adsense and/or buysellads.com and hopefully, get a decent amount of quality hits on your blog and make money.

    Affiliates

    -----------

    - Signup with Amazon Affiliates and start writing about their products on your blog. You could make money by referrals

    - Do you use a software product you really like ? Check if the company offers affiliate program. Signup with their program. E.g. Affiliate program through themeforest etc.

    -