1. Start a Blog
In Australia, blogging has been around for quite some time. Despite the fact that many sectors are already saturated, there are still a lot of people who want to start their own blog.
That is also because it has never been easier, with platforms like WordPress readily accessible. All you need is a hosting account and domain to get started. However, achieving success takes a great deal of effort. You must produce material on a regular basis, market it, understand SEO, conduct social media marketing, and so on.
Here are some of the most common methods for monetizing your website:
- Online courses
- Affiliate marketing
- Membership website
Once it’s up and running, though, achieving this might be quite lucrative.
2. Start an eCommerce Online Business
Selling things that others desire is one of the oldest methods to generate money. That’s also why starting an internet business is a tried-and-true method to make money on the internet.
It’s also never been a better time to start your own eCommerce store, thanks to WooCommerce and other WordPress e-commerce plugins. additionally, there are other options like Shopify.
However, in order to launch a web store in Australia, one thing is required: items. These can be real or virtual, and they could come from dropshipping or an affiliate vendor.
It’s certain that, without goods, there is no online shop, so finding things to sell is the first step. You still have to figure out how to position yourself, market your store, and attract consumers after that. It’s difficult to work, but it may be worthwhile.
3. Sell Products on eBay or Amazon
If you want to sell items online, you don’t have to do it on your own site. There are additional locations where you may complete this task
eBay and Amazon are the most popular. You may simply acquire items, add your margin on the top, and sell it on the platforms if you’re successful. Use the earnings to purchase additional goods, rinse and repeat as necessary.
Amazon can also fill your orders if you’re selling on eBay. Plus, there are other possibilities such as selling on Instagram, Facebook, Snapchat, and other platforms.
4. Publish an Ebook
Have you always wanted to be an author? You can even write and publish your book without the aid of a literary agent or publisher.
Self-publishing is an expanding market. The most common method for writers to get their books in front of readers is Amazon, which is well-known in the industry.
The difficulty: not everyone enjoys writing a book. Not only do you need an idea, but you must also write, edit, and format it as well as design a cover. However, once published, a successful book is a company asset that may sustain income for years to come.
5. Create an Online Course
Create an online course as a step up from writing a book. In this case, too, you’re selling information in digital format to others. However, instead of having different options, you have greater flexibility. Online courses can be delivered in written form (such as an email course) or take the form of videos, audio files, and other media.
People who already have a following, such as from a blog or newsletter, are more likely to go with online courses. This also aids in the validation of your concept and the identification of items that your audience require or desire. You may also get feedback throughout the making by providing a sneak peek and soliciting comments from your readers.
You may also develop courses on platforms like Skillshare, Lynda, Teachable, or tablets instead of having your own website. Authors are generally paid royalties in Australia.