What We Are Doing to Make Money Online in 2016

Yes I know, I haven’t been adding much to this site lately and I only came into it today to update WordPress and various plugins and such. But I like to keep adding content to the site even if it is only every now and then. It’s one of the first websites we created and one I still enjoy writing for.

So I thought about what to write for this post and decided on discussing what we are doing this year to make money online. It’s been evolving over the years but it has to if we want to continue working online. If you rely on Google, Amazon, Pinterest, Twitter or any other external business in order to make your money then you have to be prepared for them to make changes that could alter your income….sometimes in a big way.

It’s so easy to give up when those changes happen. We could have easily given up when Google hit our review sites hard but it never occurred to us to do so. Neither of us wanted to go back to a regular 9 to 5 job so we just assumed that it would work out in the end.

So after we got hit, we spent a lot of time working on this and that, just managing to hang in there by the skin of our teeth sometimes, but we just kept going and eventually we settled in on creating authority sites. But it wasn’t so much that one day we decided that we should create authority sites – it was more of an evolutionary process as what we really wanted was to be working on something that we had an interest in. We had created all of those Amazon review sites on topics, which for the most part, we really had no interest in so we wanted something we could work on long term that sustained our interest.

What this meant is that we started to build sites based on ‘our interest in the topic’ rather than ‘how good the niche was’. However, we also knew that the we couldn’t just build a website based on our interests if no-one else was interested. Nor could we do so if we couldn’t make any money from it. The reality is that if we want to work online, we not only need to think about what interests us but whether we can generate an income from it.

So we ended up creating a couple of authority sites – but we really only have one that we have been placing most of our focus on lately. It is a craft site and it is something the both of us really enjoy working on. We love the topics we write about and we love the people who follow us. It’s a nice community to be in so it was a good choice for us.

We have been building up a presence on YouTube and that has been a great way to get traffic to our website. Creating videos for YouTube can be a lot of work but we make sure we do the best we can with the equipment we have and we have improved so much since we first started recording for YouTube.

Our main focus this year has been on creating our own products. As many of you know, some years back, we released a manual called the ‘Amazonian Profit Plan’ which provided a step-by-step plan on how to create review sites and make money with Amazon. This was extremely successful and we were amazed at how much money we made from that manual – we honestly weren’t expecting it to do so well. But it taught us that creating your own products is the key to making money online over the long term.

We create downloadable graphics and crafting files as well as full training programs for various topics. We will continue to do this for at least the remainder of this year and probably on into next year.

We have also been selling physical products for over a year now on eBay and although it is doing better than we expected (we are a Top Rated Seller) , we don’t want this to be our main focus. We like the freedom of working online so that we can get up and go at a moments notice if we want. However, eBay doesn’t lend itself to that as you have to be in one location in order to stock and post the items. This is why we have started to reduce the amount of items we have on eBay and eventually we will most likely close up shop.

We still of course use Amazon quite extensively. We link to it wherever we can plus we still make money from the old review sites we have, but we don’t want to have to rely on it exclusively.

So that in a nutshell is what we are doing online now.

Can You Make Money With Fiverr? – Our Personal Experiment

fiverrJust recently we uploaded a video training package to our membership site on how to make money with Fiverr. This wasn’t a training program that we personally developed but it looked pretty good so we purchased the rights to it. We watched it through and decided to test it out ourselves to see if there can be money made on Fiverr.  So what you are going to read here is our personal case study.

What we wanted to do was add something that involved us only having to do the work once. We didn’t want to have to take action each time we made a sale because for $5 it really wouldn’t be worth it. I’ll get into what we did further along in this post but essentially if you really want to make the most out of Fiverr, you don’t want to spend an hour of your time making a measly $5. You want to maximize that $5 as much as possible.

So here are two ways that you can do that:

1. Create extra gigs for more money – In Fiverr, you can create a gig for $5 but you can also add extra gigs to that gig where you charge more for other services. So for instance, your $5 gig might be to write a 300 word article. Then under that gig you might add an extra service where you write a 600 word article for $10 and a 1500 word article for $20.

2. Do the work once -In this situation, you are usually selling a product of some sort. It might be an ebook, graphics, audio or plr content. So the work you do is upfront. You create the product (or purchase the rights to a product) and once the product is created there is no more work to be done other than to send it to the buyer.

Since we wanted to keep our workload down, we went with the second option.

The gig we created basically offered a pack of royalty free music which we had the rights to sell.

It probably took us about half a day to set it all up as we needed to zip the music up and upload it to one of our websites so the buyer could download it, We also wanted to make a short video with samples of the music because apparently Fiverr gigs with videos do better. And finally we needed to work out the wording, title and keywords for the Fiverr gig.

So we did the work once and from then on when a purchase is made all we need to do is spend about a minute or two responding to the buyer and providing them with a link to where they can download the music.

Our Results

We published the gig on January 18. You can take a look here if you are interested. Almost immediately we had a sale. Okay, it was from someone we knew but it did get us excited.  The day after we had a second sale, this time from someone we didn’t know.

As of today we have had 5 sales in total. Okay, we aren’t going to become millionaires from this but imagine if we had 10 gigs up there each making $5 every few days and what if we added those ‘extra’ gigs for even more income. We could potentially make $100 a week or more quite easily.

It’s important to note that we haven’t actually promoted this gig anywhere so the sales are purely from people searching for our gig in Fiverr.

Also this was just an experiment, we haven’t added any more gigs or extra gigs to our original gig. Maybe when we have more time we will add more. But in the meantime we just wanted to see if it works so that we can provide you with the result. So result of experiment – It can and it does work.

Overall, I really think there is money to be made in Fiverr. What are your thoughts? Have you tried it and had any success?