Ways to make money online for college students in 2024

As the internet took off in the 1990’s, stories abounded about how quick and easy it was to make money with an online business, and in fact, many of those stories were based on fact. The rush that began in the new millennium with regard to independence on the Internet quickly caused disillusionment among the majority of people. Especially with the people who thought that the can now be earned in their sleep.

Likewise, many people today see widespread use of the Internet as a problem, as they believe that the competition in every area is so great that there are practically no chances of successfully building a new business. It can be countered that there would then no longer be any new company start-ups, with or without the Internet.

As a second, much more serious argument, founding a company in an Internet business is still very uncomplicated and requires hardly any investments. What is required, but that applies to every successful project, is perseverance and commitment.

Here are 5 tips for your own business:

Find your niche
Be visible
Become an expert
Advertise it properly
Have Patience

Find Your Niche

Selecting a proper niche is the foundation of the online money making process. Very often a product, service or information are combined with each other, from which profits can be made. The niche is most important part. Finding a product or a service that is not required by the general public, but needed by a certain number of people.

Don’t be afraid that there might not be enough potential customers. There is practically nothing for which there would not also be interested parties. Very popular topics on the Internet can be broken down into a niche.

An example: generic term women’s fashion, subcategory accessories, next subcategory sport, including sweatbands for the forehead and wrists or wrist and ear warmers. This can now be expanded further.

Sweatbands with built-in heart rate monitor or earmuffs with integrated headphones and so on. This is a niche with a clearly defined target group. Other niches can also be found in this way. It is important that the niche suits the respective founder and that he or she enjoys it. Nothing works without motivation.

Become Visible

The second step is to create the website. A lot of money could be invested there. IT professionals who write the scripts for websites and web designers who build the functions and look of the homepage. The professionals who do this have long been at work and the business founder can even benefit from it free of charge. With wordpress.org, creating your own blog or websites has become child’s play.

Of course, the website construction with WordPress provides everything that is necessary for the first steps in internet business, without the websites being amateurish. On the contrary, the homepage is equipped with everything that is expected of a modern Internet presence. The use of apps is just as possible as the integration of a blog or a shop. In addition, the pages are automatically adjusted to different end devices with different screen or display sizes. Technically, a free website built with a website builder is just as good as a custom but expensive one.

What might give the business founder a bit of a headache is the design. The wordpress.org offers a huge selection of themes and plugins that can be used, but which ones really fit the topic and which ones have a certain unique selling point? The easiest way is to first choose a design from the templates that approximates the respective business topic and to enrich and individualize it accordingly with your own images. Some knowledge of image editing programs may be helpful, but you don’t have to complete a degree.

Become an Expert

The better the business founder knows his or her profession, the more customers and visitors to the website will benefit. This in turn pays off in customer loyalty. It’s like in a specialty store. Wherever the customer receives comprehensive and correct advice in addition to the product, that’s where he or she will go again next time. Word of mouth from satisfied customers is even better, also on social media.

Advertise Properly

Only a few business founders on the Internet have a large advertising budget at their disposal. Good and free advertising tools are blogs that deal with the topic. These can be linked to other blogs as well as to various social media platforms. Advertising pages on the respective platforms are not free, but inexpensive and very targeted. It is worth using this to increase the number of visitors and thus the number of customers.

Have Patience

It’s actually old hat, but it still has to be repeated again and again. Self-control, perseverance and belief in the product and your own abilities are the keys to success. Then it works with the Internet business and the dream of your own business. Blogging or building a business requires time and patience. Do not expect any miracle overnight.