LAUNCH EFFECT

5 Ways to Make Money Online | No Skills | No Experience

Now, I’m not talking
about filling out surveys,watching ads or testing websites. You’re better than that. Hi, if you’re new here, my name is Meganand welcome to my channel,
where we talk all things travel,adventure, and working remotely
from all over the world. Now, today I’m going
to be covering five waysthat you can start making money online
today with no previous experienceand no specific tech training. This is perfect if you’re
a recent university graduateor just the general hard-worker
that doesn’t happen to be trainedin a specific tech area,
like web development or coding. Now, I’m not talking
about filling out surveys,watching ads, or testing websites. You’re better than that. Let’s get started. The first way that you can start
making money onlineis through dropshipping. Now, drop shipping is a fulfillment modelthat allows you to purchase
products individually from wholesalerswho will then ship the product
directly to your customer. You will list the product
for sale on your website,a customer will then come to your website,
place an order with you,you’ll take the customer order
and their detailsand send that off to your supplier. The supplier will then package the item upand ship it directly
to your customer in your name. Dropshipping is very attractive
because you don’t have to own store,handle, ship, or pre-purchase
any of the inventory. The way it works is that you purchase
the products at wholesale priceand then sell them at retail price. Your profit ends up being the difference
between what the supplier charges youand what you charge the customer. The way you can get started today is
by putting a website onlinethrough a platform like Shopifyand then going to a website like eBay
or Aliexpress to find a supplier. Aliexpress is a popular choice
because it allows you to buy directlyfrom manufacturers in China. So, as you can imagine,
the products listed are very inexpensive. You will then take
the product of your choice,list it on your own Shopify website
for a more expensive price,and can start generating sales. You are essentially the middleman
and are responsible for driving salesas well as handling customer
service concerns as they come through. I have a friend here in Chiang Maiwho has seen very successful
over the years with dropshipping. His name is Johnny,
and I’ve linked his website below,which has plenty of more informationand can explain the process to you
much better than I can. The second way you can start
making money online is Amazon FBA. Amazon FBA stands
for Fulfillment by Amazon,and is very similar to dropshipping. A key difference is that,
instead of having the product listedon your own website,
it’s listed on the Amazon Marketplace. This option is riskier
and requires more money upfrontbecause you do have to pre-purchase
the products from your supplierand then have it shipped
to an Amazon warehouse. You also have to pay Amazon
for storage fees in that warehouse. The benefits of using
Amazon FBA over dropshippingare that you don’t have
to set up your own store,and it may be easier to drive salesas your product is listed
on the Amazon Marketplace,which is a trusted name. Your products also become
eligible for Amazon Primeand you don’t have to handle
a lot of the customer serviceas customers will be directing
any of those shipping questionsor general questions to Amazon. Teaching English online is very popularbecause it can be done
from anywhere in the world,with the only qualifications being
that you’re a native English speakerand have a bachelor degree in. . . anything. The job is in high demand,
they’re always looking for English teachers,and most teachers that I know
are making around USD 20 an hourworking for companies
like VIPkid and DaDa. Once you’re hired on
by one of these companies,you can expect to be doing 20-minute
sessions with students from Chinavia video-conferencing. All of the lesson plans
and materials are provided for you,so all you really need is
a laptop with a webcamand a quiet room for the sessions. Keep in mind that since the students are
in school during the day,the hours for working are between 6:00
and 9:00 p. m. Shanghai time. This can mean very early mornings for you
if you are living in the US or Canada. Contracts are often
a minimum of six monthsand you can expect to receive
two weeks of vacationas well as a couple days off
each month during that time. So, if you’re high-energy
and you like working with kids,or can at least fake it,
this may be the perfect job for you. Udemy is an online-course marketplace
that allows anyone to be an instructorand sell courses through their platform. Once a course is approved by Udemy
and uploaded onto their websitethey’ll also do the marketing for you
and then split the profits 50-50. In order to get started
you need to identify somethingthat you can teach others on. Now, think broadly,
this could be gardening,it could be how to dress for an interview,
it could be public speaking,anything that you’re good at,
or at least better atthan most of the people that you know. You also want to make sure it’s somethingthat other people are
interested in learningand then you want to browse on Udemy. comand make sure there’s not
a million other coursesbeing taught on the subject
with five-star reviews,because that is pretty tough
to compete with. Once you’ve identified a topic,
you need to film it,which can be done on your smartphone,although you may want to invest
in some audio equipmentas audio is key here. And then you need to edit it. You can edit it yourself
on iMovie or Final Cut Pro,or you can outsource it to a video editor
for a very inexpensive pricethrough a website like Fiverr or Upwork. Once the video is edited and ready to go
you can upload the course to Udemy. com. Udemy will get back to you within 48 hoursand let you know
if the course has been improved,or improvements that you
can make on the courseand then have it approved at a later date. It may seem like a lot of work
to come up with an idea,film, edit and upload to get
a course approved by Udemybut, once it’s been approved, it becomes
a pretty passive source of income,because all you mainly need to do
is handle the occasional customer concern. The fifth and final way that I have
for you today is affiliate marketing. The way this works is that you refer
people to productsand, if that person then buys that productyou receive a commission, which is usually
a percentage of the sales. A very common and easy way for anyone
to get started as an affiliate marketeris through a program called
Amazon Associates. For example, I’m signed up
on the Amazon Associates programas an affiliate for this laptop stand,because it’s totally epic,
folds up into nothing,and I literally take it
with me everywhere. I have a link with a tracking
code embedded in it. So, if you click the link,
it will take you to the Amazon listingfor this laptop stand. Now, if you had typed in Amazon
“laptop stand” and found it yourself,you would see the exact same listing
for the exact same price. By going through my link,
I end up getting a percentage of the salesat no extra cost to you. What makes this even better is that,
if you clicked my link,went on to the listing and thought,
“No, I don’t want to buy that laptop stand,but I do need a new pair
of socks because well…”Winter is coming. Say you then go into the search bar
and type in “thermal socks,”you find a pair of socks
that you like and you buy those. I will receive a percentage of the sales
as commission on those socks,because I was the one
that initially brought youto Amazon. ca or Amazon. com. The amount of commission
that you receive is between 1% and 10%. So, on a pair of socks, you’re not going
to be making very much money,but say you had typed in MacBook Pro
and bought one of thosein the same browsing session. . . You can make quite the commission
on Amazon Associates. In order to get started, scroll to
the very bottom of the Amazon pageand click Amazon Associates. All right, there you have it. Those are five ways that you can start
making money online todaywith no real specific
expertise or tech skills. I’d love to know in the comments below
which way you found most appealing,or if you have any other ideas
that you would like to share. If you found this video helpful,
please give me a like,and feel free to subscribe
to be notified when I come outwith future videos on similar content. All right, that’s it for me. Have a great week
and I’ll see you next time. Bye!