We are living in the greatest era known to man, The Information Age has made it 100% possible for anyone to make money online & I’m guessing you’re smart enough to know that if you too learn how to make money online you will be able to take part of this modern day gold rush. Right?
So let’s get too it, I’m a 28yr old Affiliate Marketer & generate over R250,000 per month from various online projects. Over the last several years I’ve personally tried & tested the many different methods available to South Africans to earn money online, so I’ve decided to share what works & what doesn’t so that you don’t fall victim to any of those tempting snake oil offers.
Why you should trust me?
While, this article is ranked No. #1 on Google for ‘Make Money Online‘… Google doesn’t make mistakes 😉
Summary of what you will learn in this article (you may click on each link to skip to the corresponding section)
1.) Surveys for Money
Getting rewarded to complete online surveys is a quick & easy way to earn a couple of hundred rand worth of vouchers every month.
Here are just two awesome companies in SA you can try for free.
- Earn 30 – 260 per completed survey.
- Exchange 550 pts for R100 Voucher or 900 pts for R200 Voucher.
- Vouchers redeemable at TakeAlot, Zando & YuppieChef
- Earn 100 – 5000 points per completed survey
- Exchange 8000 pts for R200 Voucher.
- Vouchers redeemable at TakeAlot & PayPal.
You can also check out our full paid surveys guide for more companies to try!
If you haven’t already heard of Fiverr you’re seriously missing out on the craziest market place on earth. You can practically buy any online service for $5!
These services are called Gigs.
So how do you make money online on fiver?
Your imagination is the limit when it comes to creating gigs on Fiverr.
If you’re crazy enough to make a video of your self-confessing your love to a complete stranger or if you’re willing to review random products or websites, you can make money fast.
Fiver isn’t limited to crazy gigs, if you possess amateur skills in any industry such as graphic design, writing & seo you too can sell your services.
How much can you earn?
Basic Gigs start @ $5 and like with any business you can let customers top up their gigs with extras. Check out these awesome real life examples:
I will Sing Happy Birthday as a Jungle Boy in the Jungle for $5
(944 Sales = $4,720)
I will create a promotional video featuring twins $15
(4116 Sales = $61,740)
3.) Start a YouTube Channel
Have you noticed all those ads on YouTube videos?
While those ads generate a ton of money and YouTube being the awesome company that they are, share the revenue earned with users who create the videos.
So let me tell you the story of a South African schoolboy Nadav Ossendryver whos fascination with wildlife inspired him to create a platform where users can share videos of their latest wildlife sightings & get paid to do so.
LatestSightings.com was born in 2012 and specialize in making wildlife videos go viral on YouTube.
Viral Video = Millions of views = Ton of Ad Revenue
YouTube pays LatestSightings.com who in turn shares 40% of that with whom ever sent them the video.
It’s a win-win for everybody… except this unlucky tourist.
LatestSightings.com Fun Facts:
- YouTube Channel (Kruger Sightings) gets over 15 million views per month
- 315,985 YouTube Channel Subscribers
- 172,257 Facebook Fans
- Some members have already earned over R200,000
4.) Make Money Freelancing
If you are proficient in a certain skill you can outsource your services online.
Wouldn’t it be great to work your own hours & get paid in US Dollars? While those are the two great benefits of freelancing.
Where can you Freelance?
What type of Freelancing work is available?
- Data Entry
- Logo Design
- Graphic Design
- Website Design
- Software Development
- Internet Marketing
- And Many More…
I’m not going to beat around the bush, freelancing is a competitive marketplace. So be sure to over deliver on every job so that your clients come running back with their new projects.
Your goal is to have 4 or 5 high paying, low maintenance clients providing you with a constant stream of work.
5.) Affiliate Marketing
Most likely my favorite industry in the world! It’s easy, risk-free & super lucrative. In a nutshell you get paid to generate sales & leads for cool companies.
How do you make money? (Beginners)
- Sign-up as an affiliate at an agency. My two favorite affiliate marketing agencies in South Africa are Affiliate.co.za & AdMarula.
- Pick a product/brand, let’s say NetFlorist. You will receive a unique link.
- Share the link with your friends, Post It On Your Blog, Create an Ad on Facebook or Google AdWords.
- Every time someone visits NetFlorist through one of your links & makes a purchase you will earn a % commission on the sale.
The real money with affiliate marketing is made when you have your own blog in a high-paying niche with free traffic from google. Which brings us to our next online money making opportunity.
6.) Make Money Blogging
The blog your reading right now “FastMoney” is one of my online projects and it generates over R100,000 profit per month with zero staff & around 4 hours of work per week. It literally prints money while I sleep 24 hours a day, 7 days a week.
If you don’t know already know what blogging is, it’s simply having your own website where you write about your passions or a topic you have expert knowledge on.
You can literally write about anything from loosing weight, to self-help or even stupid viral stories for example the blog ViralNova which made over $400,000 in just one December that’s R6,000,000 in one month compared to my measly R100,000.
By starting a blog and creating value (aka. Articles, Pictures & Videos) you will start to rank on Google and that’s where the magic happens:
- Your blog will receive free traffic from Google related searches.
- Readers who love your content will share it on social media and you will receive even more free traffic.
- You start to make a ton of cash from the Ads & Affiliate links on your blog.
7.) Win Free Stuff With Competitions
Everybody loves free stuff & competitions give us an opportunity to win great prizes. The best part is that they are always super easy & free to enter.
In South Africa we are blessed with a little company called JustPlay who has over 1,000,000+ users (which I guess makes them not so little).
How does JustPlay work?
- Look through their list of prizes, pick one you like.
- Engage with brand by filling in short questionnaire.
- Viola, you’re entered in the draw for that prize.
For other alternatives you can simply search google on a regular basis, from my experience these two queries usually get the best results:
8.) Buy & Sell Domain Names
It’s weird to think that domains can be traded like a commodity but the simple supply & demand laws of economics adds value to anything that is in limited supply.
Insurance.com sold for $35.6m in 2010.(Full list of most expensive domains sold)
You can also check out a list of some expensive .co.za domains for sale.
So what makes a domain valuable?
- Exact Match Keyword to a Service, Industry or Product.
Casino.co.za, Insurance.co.za, LegalAid.co.za
- Brandable Domain Names like Majestic.co.za
- Domain Length, Shorter is Better.
How does the little guy get involved?
There are 1000’s of new businesses & blogs launching around the world on a daily basis and they will all need a great domain name.
- Search for brandable domains on WebAfrica.co.za, domains start at R99.00 per year
- List the domains for sale on websites like Sedo.com, Flippa.com or Afternic.com
- If 3-yrs down the line you sell it for R2,000 you’d still make a 238% profit.
9.) Import The Next Big Thing from China
It’s seems like everybody I talk too nowadays has this great idea to import a product from china at a cost of R100 then resell it on Gumtree for R2,000.
The math makes sense and you’d be raking in tons of cash.
Besides have you seen all the cool gadgets you can import off AliExpress? They literally have everything you can think of, from smartphones to laser beams!
3 Tips From Me To You:
- Find products you can mark up at least 200-300%.
- Go for products that are in high demand & move quickly.
(Check out Gumtree Top Searches)
- Be prepared to loose your initial investment.
10.) Become An Uber Driver
I was indecisive about adding this one to the list as we on the subject of ‘making money online’ but I guess using the ‘Uber Driver App’ is technically being online.
So if you decide to turn your car into a money making machine, these are the current rates in South Africa:
- Uber X
R 5.00 – Base Fare
R 0.70 – Per Minute
R 7.00 – Per KM
R20.00 – Minimum Fare
R25.00 – Cancellation Fee
Uber will take 20% of your earnings off the top & the rest is yours too keep.
You can check out How To Become an Uber Driver in South Africa to learn more.
How to make money fast? (1 Method)
If you were reading this article to find out how to make money fast? Like overnight fast, than online trading is your golden goose. It can be split up into 3 sub-categories being Forex Trading, CFD Trading & Binary Options Trading.
RISK WARNING: Trading carries significant risk, you can loose your initial investment as fast as you can double it.
11.) Online Trading
Have you ever watched Wall Street? Boiler Room? or how about Leonardo DiCaprio’s Wolf of Wall Street? If you have I’m sure you’d agree with me that the lifestyle of a hot shot trader looks f*cking spectacular.
3 of the most popular types of online trading are:
11.1) Binary Options Trading
Binary Options Trading is one of the easiest methods you can use to make money fast, it’s extremely popular in South Africa with over 100,000 monthly related searches on Google.
Binary Options is a simple way to trade the financial markets. The most popular binary option trade is a HIGH/LOW trade.
Simply put you are betting that the price of an asset will be higher or lower within a given time.
A simple R1,000 trade can net you R1,900 in as short as 30 to 60 seconds. You can however loose the full R1,000 if the market moves against you.
To see what the fuss is about I recommend opening an account at one of the large brokerage houses like 24Option.
Why I recommend 24Option?
- 100% Deposit Bonus on First Deposit
- Proud Sponsors of Conor Mcgregor
11.2) Forex Trading (CFD Trading)
Forex trading is simply betting whether one currency will get weaker or strong against another currency. So over the next 6 months will the rand weaken or strengthen?
If you’re too lazy to learn the Ins & Outs of Forex Trading, Their is an awesome new system called ‘Social Trading‘ which allows you to automatically copy the best traders with the click of a button.
If you don’t feel like reading my guide and you want to check out a forex broker, I recommend you try eToro.
I recommend eToro because:
- They have over 4,500,000 active traders world wide
- Free Demo Account too Practice
- Best Social Trading with their ‘CopyTrader’ platform.
11.3) CFD Trading (coming soon)
Final Thoughts On How to Make Money Online…
Like in all other areas of life, making money online is not going to be easy.
You will probably fail a few time & that’s ok because every time you fail you will be one step closer to succeeding.
Persistence is key, so keep on moving forward until you find something that works for you!