Nine ways to make money online - Part 3

This is Part 3 of the series on 'Nine ways to make money online'. (Click here to read Part 1 and Part 2) . In this post I will touch on three more ways of making money online.

4. Try Out Domaining and the Online Real Estate Trade
This is the business of buying, selling, developing and making money from domain names. A domainer purchases many domain names and sells them to interested buyers. This is similar to real estate investing offline and domainers also make money by developing websites and reselling it to a buyer.

This practice is known as site flipping and can make you a tidy sum of money if you know how to build an attractive and profitable website. For a rough estimate of how much money you can earn from site flipping, check out the SitePoint Marketplace to browse through the collection of websites for sale.

5. Participate in Get-Paid-to Websites
There are hundreds of websites out there which you pay you to read emails, do surveys, sign up for trial subscriptions and surf the web. Websites that pay you to complete offers are worth examining because they usually include affiliate programs with recurring commissions to be earned.

The benefit of get paid to websites is that you don’t need to have your own website or blog or any personal skills at all. The downside is that there are a lot of get-paid-to scams around and finding websites that are legitimate can be fairly difficult. Scam.com is a forum you should visit to learn if the get-paid-to website you’re interested in actually pays its members.

There are also several Web 2.0 or social media websites out there that will pay you to participate in their community. This collection of social media websites usually operate via a revenue-sharing system, which allows you to earn a share of the overall ad revenue. How much you earn depends on how much your submitted article, video or image is viewed.

6. Find a Virtual Job or Make Use of Your Expertise
Not only limited to data entry jobs, online jobs in the new economy include virtual assistants, gold farmers, online life coaching and support for open source software. Mini consultation networks like Bitwine and Ether allow you to easily set up shop and offer advice on specific topics through the web. Most of these virtual jobs involve direct communication through electronic mediums like internet telephony, instant messengers and emails. Which means that all you need to get started is a home computer with an steady internet connection

If you are an expert in a specific topic, you can offer consultation via websites like Jyve or Just Answers. Other skill or knowledge based vocations also include participation in online competitions in areas such as photography, writing, designing and even gaming.