1. Online Surveys
This avenue is deceptively simple. Often, companies will give away products and even cash for valuable consumer information. But can you get paid for sharing your preferences?
Yes. In fact, this data is so useful and valuable to politicians that it can impact their entire campaigns. A single poll, which changes a single word or phrase in an advertisement, press release, or political speech, can mean massive profits. You can make money this way.
Taking online surveys won’t realistically give you massive amounts of monthly income. It’s something to consider. Attracting people who are willing to fill out a survey in exchange for a free offer is another way to get paid.
2. Become a YouTuber
YouTube’s content is as diverse as its audience. Videos are curated and suggested based on what a person likes to watch. In fact, it’s one of the reasons it’s been so successful.
It’s been estimated that 4 billion videos are viewed on YouTube daily! In short, there’s a huge opportunity there, and it continues to expand. Here are a few ways to make money online in 2017 as a content creator:
Ad Revenue. You can choose to activate ads on your videos. Based on views, watch time, your subscribers, and other factors, your videos will generate ad revenue.
Sponsorship. As you know, businesses are constantly looking for effective ways to reach and expand their customer base. One way of doing this is to pay YouTube creators that align with what they offer for exposing their audience to a marketing message, product, or service. This adds to their brand awareness and provides a way for them to generate sales.
Finding and working with a sponsor may not be obvious. You could reach out to companies that sponsor similar channels to yours. Or, if you create content about board games, for example, reach out to board game companies and offer to create content based on their product.
GrapeVineLogic.com is an example of a “brokering” site that connects YouTubers to companies actively seeking to sponsor videos. LootCrate is a popular example of a company that sponsors a wide variety of creators on different platforms, from YouTube and Twitch to Facebook and Instagram.
Social Marketing Campaigns. Successful eCommerce startups, especially with people looking to work at home and make money online in 2017, integrate social media. YouTube is a prime example.
Let’s say you decide to sell portable jump starters. You could create a YouTube channel for that product line and use it to boost your store in the Google search engine. You could also generate sales this way.
While eCommerce is a much deeper subject that requires knowledge and hard work, it can be very lucrative. Millions of products are available right now, and the opportunity is ripe for the plucking.
3. Binary Options Trading
Yes, you can learn how to make money online in 2017. Investing via a binary options trading platform is a legitimate and effective method, provided you gain a little knowledge.
It also takes a different mindset. Binary options strategies are a unique way of investing money and seeing a return. Here are a couple of basic strategies:
(Triangular) Arbitrage. Warning: this refers to complex information. If it doesn’t make sense, don’t worry! It’s easier than it seems.
There are hundreds of worldwide currencies. Based on the economy and other factors, they change in value. For example, 100 Yen is not equal to 100 USD. Here’s the method:
Currency values change very rapidly. Triangular arbitrage is a big word meaning “to take advantage of incorrect exchange rates.”
For example, the exchange market might report that 100 Yen is worth 75 US cents when it’s worth 90 cents. You then exchange 1000 USD for Yen and make an instant profit from the inaccurate exchange rate (1000 USD -> 133,333 Yen).
But if you traded it back to USD, you’d have the same amount that you started with, minus fees. Instead, you trade your Yen for euros. All other exchange rates are accurate. Therefore, you can trade back for USD (133,333 Yen -> 1,200 USD).
In this example, you just made $200 minus fees.
Investing in Currencies. This requires significant knowledge. While triangular arbitrage is much simpler, it also