Artificial Intelligence, Machine Learning and Deep Learning

• Machine Learning and Deep Learning
• Now that we better understand what AI actually means we can take a closer look at machine learning and deep learning to draw a clear distinction between these two.
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• Artificial Intelligence: a program that can sense, reason, act,, and adapt.
• Machine Learning: algorithms whose performance improves as they are exposed to more data over time
• Deep Learning: a subset of machine learning in which multilayered neural networks learn from vast amounts of data.
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• What is machine learning?
• Machine learning can lead to a variety of automated tasks. It affects virtually every industry — from IT security malware search, to weather forecasting, to stockbrokers looking for optimal trades. Machine learning requires complex math and a lot of coding to achieve the desired functions and results. Machine learning also incorporates classical algorithms for various kinds of tasks such as clustering, regression, or classification. We have to train these algorithms on large amounts of data. The more data you provide for your algorithm, the better your model gets

Machine learning is a relatively old field and incorporates methods and algorithms that have been around for dozens of years, some of them since the 1960s. These classic algorithms include the Navies Bayes Classifier and the Support Vector Machines both of which are often used in data classification. In addition to classification, there are also cluster analysis algorithms such as the K-Means and tree-based clustering. To reduce the dimensionality of data and gain more insight into its nature, machine learning uses methods such as principal component analysis and tone.

The training component of a machine learning model means the model tries to optimize along a certain dimension. In other words, machine learning models try to minimize the error between their predictions and the actual ground truth values.

Deep Learning

Deep learning is a young subfield of artificial intelligence based on artificial neural networks. Since deep learning algorithms also require data in order to learn and solve problems, we can also call it a subfield of machine learning. The terms machine learning and deep learning are often treated as synonymous. However, these systems have different capabilities. Deep learning uses a multi-layered structure of algorithms called the neural network.

Artificial neural networks have unique capabilities that enable deep learning models to solve tasks that machine learning models could never solve.All recent advances in intelligence are due to deep learning. Without deep learning, we would not have self-driving cars, chatbots or personal assistants like Alexa and Siri. Google Translate would remain primitive and Netflix would have no idea which movies or TV series to suggest.We can even go so far as to say that the new industrial revolution is driven by artificial neural networks and deep learning. This is the best and closest approach to true machine intelligence we have so far because deep learning has two major advantages over machine learning.

DEEP LEARNING IS BETTER THAN MACHINE LEARNING

The first advantage of deep learning over machine learning is the redundancy of feature extraction. Long before we used deep learning, traditional machine learning methods decision trees, SVM, Naïve Bayes classifier, and logistic regression were most popular. These are otherwise known as flat algorithms. In this context “flat” means these algorithms cannot typically be applied directly to raw data such as .csv, images, text, etc. Instead, we require a preprocessing step called feature extraction.

When it comes to deep learning models, we have artificial neural networks, which don’t require feature extraction. The layers are able to learn an implicit representation of the raw data on their own. A deep learning model produces an abstract, compressed representation of the raw data over several layers of an artificial neural network. We then use a compressed representation of the input data to produce the result. The result can be, for example, the classification of the input data into different classes.

During the training process, the neural network optimizes this step to obtain the best possible abstract representation of the input data. Deep learning models require little to no manual effort to perform and optimize the feature extraction process. In other words, feature extraction is built into the process that takes place within an artificial neural network without human input. If you want to use a machine learning model to determine whether a particular image shows a car or not, we humans first need to identify the unique features of a car's shape, size, windows, and wheels,  extract these features, and give them to the algorithm as input data. The machine learning algorithm would then perform a classification of the image. That is, in machine learning, a programmer must intervene directly in the classification process.

 Another major advantage of deep learning, and a key part in understanding why it’s becoming so popular, is that it’s powered by massive amounts of data. The era of big data technology will provide huge amounts of opportunities for new innovations in deep learning. Deep learning models tend to increase their accuracy with the increasing amount of training data, whereas traditional machine learning models such as SVM and Naïve Bayes classifier stop improving after a saturation point. Deep learning models scale better with a larger amount of data. 

Web 4.0 & Web 5.0

Web 4.0 is still a work-in-progress, with no precise description of what it will entail. The symbiotic web is another name for Web 4.0. Interaction between people and robots in symbiosis is the symbiotic web’s dream. Web 4.0 will enable the creation of more sophisticated interfaces, such as mind-controlled interfaces. To put it another way, computers would be adept at understanding the contents of the web and reacting in the form of executing and determining what to execute first in order to load websites quickly, with greater quality and speed, and construct more commanding interfaces. The read-write-execution-concurrency web will be Web 4.0.

It reaches a critical mass of online network engagement that provides global transparency, governance, distribution, participation, and cooperation to vital communities such as industry, politics, society, and others. Web 4.0, often known as webOS, will be a middleware that will eventually act as an operating system (Web 1.0 Web 2.0 Web 3.0 Web 4.0 Web 5.0).

The webOS will function similarly to the human brain, implying a vast network of brilliant connections. Although little is known about web 4.0 and its technologies, it is clear that the web is advancing toward becoming an intelligent web by incorporating artificial intelligence. The read-write-execution-concurrency web will be Web 4.0. It reaches a critical mass of online network engagement that provides global transparency, governance, distribution, participation, and cooperation to vital communities such as industry, politics, society, and others. Web 4.0, often known as webOS, will be a middleware that will eventually act as an operating system. The webOS will function similarly to the human brain, implying a vast network of brilliant connections. Although little is known about web 4.0 and its technologies, it is clear that the web is advancing toward becoming an intelligent web by incorporating artificial intelligence.

The read-write-execution-concurrency web will be Web 4.0. It reaches a critical mass of online network engagement that provides global transparency, governance, distribution, participation, and cooperation to vital communities such as industry, politics, society, and others. Web 4.0, often known as webOS, will be a middleware that will eventually act as an operating system (Web 1.0 Web 2.0 Web 3.0 Web 4.0 Web 5.0).

The webOS will function similarly to the human brain, implying a vast network of brilliant connections. Although little is known about web 4.0 and its technologies, it is clear that the web is advancing toward becoming an intelligent web by incorporating artificial intelligence.

Web 5.0 or Society 5.0

The 5th Science and Technology Basic Plan envisioned Society 5.0 as a future society to which Japan should strive. It is divided into four categories: hunting society (Society 1.0), agricultural society (Society 2.0), industrial society (Society 3.0), and information society (Society 3.0). (Society 4.0). Cyberspace (virtual space) and physical space have a high degree of convergence in Society 5.0. (real space). People would access a cloud service (databases) in cyberspace through the Internet in the previous information society (Society 4.0) and search for, retrieve, and analyze information or data (Web 1.0 Web 2.0 Web 3.0 Web 4.0 Web 5.0).

A massive quantity of data from sensors in physical space is gathered in cyberspace in Society 5.0. artificial intelligence (AI) analyses this considerable data in cyberspace, and the findings are sent back to people in physical space in various formats.

The (emotional) connection between humans and machines will be the focus of Web 5.0. based on neurotechnology, many individuals will begin to engage regularly. FOr the time being, the web is “emotionally” neutral, which means it does not recognize the feelings and emotions of its users.

What is web 5.0

Web 5.0, the sensory and emotive Web. Its goal is to create computers that can communicate with humans. For many people, this friendship will become a regular habit. It was normal practice in the information society to gather data over the Internet and have it examined by people. People, things, and systems are all connected in cyberspace in Society 5.0, and the best outcomes achieved by AI surpassing human capabilities are transmitted back into physical space. This process provides new value to industry and society in previously unimaginable ways (Web 1.0 Web 2.0 Web 3.0 Web 4.0 Web 5.0). Japan aspires to be the first country in the world to establish a human-centered society (Society 5.0), in which everyone may live a healthy, active life. They plan to do so by combining innovative technology into a wide range of sectors and social activities and encouraging innovation to generate new value (Web 1.0 Web 2.0 Web 3.0 Web 4.0 Web 5.0).

Web 3.0

What is Web 3.0

Web 3.0 is the next evolution of the Internet, and it’s coming in a big way. This isn’t something that will happen in the distant future. Web 3.0 has already begun to roll out, and it will be fully established within two years.

The driving force behind Web 3.0 is blockchain technology. Blockchain is the same technology that powers Bitcoin. It’s a decentralized ledger system (DLT) that stores data across thousands of computers at once instead of just one server. This allows for more data storage and sharing, which means more efficiency and accessibility for anyone who needs it.

Evolution of Web (1.0 to 2.0 to 3.0)

1. Web 1.0

Web 1.0 began as a static form in the 1960s with only text browsers like ELISA, followed by HTML, which made the pages more visually appealing, and the first visual browsers like Netscape and Internet Explorer.

Web 1.0 marks the first stage in the evolution of the World Wide Web. Previously, there were only a handful of content creators. However, on Web 1.0, most users were content consumers.

Web 1.0 is a content delivery network (CDN) that enables information to be displayed on websites. Best Suited for use as a personal website. They charge the user based on the number of pages viewed. This includes folders that allow users to search for specific information.

2. Web 2.0

The term Web 2.0, which Tom OReilly coined in 2004, refers to the second generation of website models.

Web 2.0 refers to websites worldwide that highlight user-generated content, ease of use, and interoperability for end users.

This does not mean a change in the technical specifications from Web 1.0 but a difference in the design and use of websites. Web 2.0 enables interaction and collaboration in social media chat to create user-generated content in a virtual community. Web 1.0 is a more accurate version of Web 2.0. Web 2.0 is also known as the Social Web.

3. Web 3.0

Web 3.0 first appeared in 2006 in an article by Web 2.0 critic Jeffrey Zeldman with technologies such as AJAX.

Web 3.0 is a term used to describe many improvements in web usage and the interaction between different paths. The data, in this case, is not owned but shared, and services show various views of web data. (Web 3.0) promises to make “world information” more meaningful than Google’s current design. This includes transforming a network into a database, a step aimed at accessing content through multiple non-browser applications, and the introduction of artificial intelligence, and spatial and 3D networking technologies.

Why is Web 3.0 Important for the Business?

The world is moving towards a future where there will be no borders, we will all be connected, and everything will be virtual. This is what Web 3.0 is all about.

As said earlier, Web 1.0 was all about introducing personal computers and the Internet. Web 2.0 was the era of social media and social networking websites.

Web 3.0 is the next phase of the Internet, where it becomes an entire universe of its own. Web 3.0 is the era of blockchain technology and decentralized applications. This is when we will see the rise of blockchain-based platforms that can decentralize pretty much every aspect of our lives.

Digital information is placed in Web 3.0, blurring the distinction between digital content and physical objects. So, the impact of Web 3.0 on businesses will be to make them more transparent and user-centric. Anything that went wrong regarding user data in corporate governance will change completely.

Benefits Of Web 3.0

Data Ownership

Over the years, technology behemoths controlled and exploited user-generated data. End-users take full ownership of the data using Web 3.0 provided by the blockchain. Data sent over the network is encrypted. Users can choose what information they want to share with businesses and advertising companies and make money from it.

Anti Monopoly And Data Protection

Web 3.0 features include professional and data, protection models. It promotes non-centralized operating systems that keep control over their users’ data. We’re going to see a frontline shift with decentralization and privacy. The monopoly of technology behemoths is over, and data breach incidents will be few and far between now that users have control over how their data is viewed.

Easy Access To Information

One of the main advantages of Web 3.0 is the ability to access data from anywhere, mainly due to the widespread use of smartphones and cloud applications.

The vision is that the user anywhere in the world has as much access to information as possible. This technology aims to expand the concept by allowing devices to collect user data and smartphones to access data on your computer.

Seamless Service

The suspension of accounts and the rejection of distributed services are significantly reduced. Since there is no single predetermined breaking point, the certainties are minimal. The data is stored on distributed nodes for redundancy, and multiple backups prevent server hijacking or failure.

Permissionless Blockchain

Web 3.0 does not need any central power. Anyone can join and participate in the network by creating an address. This eliminates the possibility of blocking users based on gender, income, orientation, geographic location, or other social factors. It also enables the timely and inexpensive transfer of digital assets and assets across borders.

Features of Web 3.0

Many technologies have to unite and come to the fore, which means that the combination of blockchain technology will not be enough. The emerging technologies of our time are becoming the core components of Web 3.0 for the decentralized and Semantic Web.

The following are five essential features that can help us define Web 3.0:

1. Semantic Web

The Semantic Web is the next step in the evolution of the web that enhances the functionality and accessibility of the websites. The Semantic Web allows users to be more precise and effective when searching for content, allowing them to search for data based on exact meaning rather than keywords or page numbers.

2. Artificial Intelligence (AI)

Artificial intelligence is becoming just that – intelligent by combining machines with humans. And it’s doing so exactly when humans need a helping hand to search or explore the web successfully.

Bringing artificial intelligence and natural language processing together with Web 3.0, businesses of all sizes across the globe can use this powerful combination to give their customers faster and more relevant results.

So they aren’t distracted during the critical workflow processes that they must regularly complete as part of their job responsibilities.

3. 3D Graphics

In today’s digital landscape, 3D design is widely used. It’s common to see it used in art, gaming, and animation. Also, web designers are starting to use 3D imagery to make websites more engaging and immersive.

In Web 3.0, three-dimensional design is revolutionizing online work. It’s transforming many industries by providing added 3D graphics to the Internet. These range from museum guides, computer games, eCommerce, and so much more.

4. Connectivity

Web 3.0, or the Semantic Web, is a system in which data link everything—not just any data, but data that machines can understand. This information was previously hidden from visitors, but it has now been made available to employees and users to improve usability.

As a result, a higher level of connectivity is permitted, allowing user experiences to evolve automatically to take advantage of the additional data.

5. Ubiquity

The Internet is becoming faster, and thus internet-connected computers are becoming more efficient. Everything from Bluetooth devices to watches, drones, and lamps is linked to the Internet. The services can be accessed anytime and anywhere using a mobile phone or computer.

The Internet has changed the world for the better in many ways. The Semantic Web is the next step in the evolution of the Internet, and it will ensure that we are always able to take advantage of its benefits and avoid its frustrations.

WorkFlow Automation (part 3) Website Traffic Secrets

What is workflow automation?

Workflow automation is an approach to making the flow of tasks, documents, and information across work-related activities perform independently in accordance with defined business rules. When implemented, this type of automation should be a straightforward process that is executed on a regular basis to improve everyday production. Workflow is a series of activities needed to complete a task. Workflow automation shifts the performance of those activities from humans to software programs. To Automate a workflow an organization first identifies the tasks that make up the job. It next creates the rules and logic that govern how those tasks should be done. Finally, it programs the software with the predefined business rules and logic.

The rules and logic are often a series of if-then statements that act like instructions telling the program what actions to take and how to move from one task to the next. The software uses those rules and logic to perform the series of tasks from start to finish so that humans no longer have to handle the job.

Benefits for businesses

Automation reduces human errors and eliminates many time-consuming and repetitive tasks, such as manual data entry. Organizations with outdated, manual processes cannot reliably scale with labor- and capital-intensive processes. By adding automation, businesses have improved their capacity for scalability.

Workflow automation also benefits businesses in the following ways:

• Creates processes that reduce costs
• Streamlines task management
• Reduces time in a process cycle 
• Decreases errors from manual entries or oversights
• Automates approval and document flows

Benefits for developers and operations

Workflow automation springboards improved releases and clearer communication channels between developers and operations, two traditionally independent areas. It upends common barriers — such as bottlenecks and follow-ups — that result from siloed developer and operations channels.  

Benefits for IT network administration 

Automating workflows creates better administrative oversight across the cloud, network, operating system, and departmental interactivity. Additionally, it adds a critical layer of visualization to better configure, oversee and analyze network health, security, and deficiencies.

Types of workflow automation

There are two types of workflow automation: Business process (BP) and robotic process (RP) workflows.

Business process workflows

 The methodology is how businesses structure processes to best serve customers. It drives business process workflows toward increased efficiency to reach mission-critical business goals. In many cases, workflow automation software is designed with the BPM philosophy. The software automates business process workflows to optimize tasks that were historically performed manually. Excel's autofill and macro features are early examples of workflow automation. 

Robotic process workflows

Today, the software automates robotic processes and is designed for robots to perform work similar to humans. In many cases, bots work alongside IT (as well as in other fields) to support administrative processes. Bots can identify and suggest the most relevant information to solve processing errors. Bots can also mitigate help desk inquiries, and login authentications and intervene in processing errors.

Workflow automation is a technical term for a practice that has been in use for hundreds of years. Assembly lines and manufacturing during the Industrial Revolution and agriculture, thereafter, were some of the first industries to use RPA workflows. Though, these were machine — not software—based.  

Workflow automation use cases

You can apply automation to most types of workflows. For example, you can automate employee onboarding template documents for human resources or set and automate approval workflows for all of your team members.

You’ll find workflow automation software in most fields and industries:

• Marketing: Marketing Operations Processes (MOPS) use workflow automation for marketing campaigns, and customer communication channels and for measuring metrics and marketing analysis.
• Sales: CRM software also provides workflow management. It automates customer communication, form completion and departmental collaboration. For instance, a CRM can automate approval flow notifications and update internal dashboard data when a customer has taken a specific step, such as signing a document or entering information.
• Finance: Automation increases consistencies in payments, moderates compliance requirements, and supports greater accuracy in forecasting and revenue collections. 
• Manufacturing: Workflow automation offsets shifts in supply and business structures. It reduces redundancies and improves quality-control errors. Automating workflows specifically cuts down purchase, budget and supply chain approval and cycle times. Manufacturing can automate workflows in purchase requests, contract management interactions and go-to-market product development projects.
• Information security: IT automation software mitigates security threats with more nimble responsiveness. Incident report automation and integration with existing security tools and guidelines can help IT better manage hybrid and cloud ecosystems. Companies can also automate workflows to monitor cyber threats for increased security.
• IT operations: For in-house network operations, workflow automation helps manage network users across multiple departments, such as sales, finance, legal and administrative teams.
• Systems management: IT as a service (ITaaS) is a type of software that enables managed cloud services for enterprise businesses, which includes workflow programming. Workflow automation software creates centralized controls for configuring, deploying and overseeing business networks. SDN  and SD-WAN  are two distinct IT network management systems for which workflow automation enables greater integrative oversight. Workflow automation lets IT more easily manage these systems in real-time. 

The future of workflow automation

Workflow automation startups are innovating the workflow process to offer standardized network automation, approval processes, and data-syncing across applications with integrated API solutions.

Most significant is a design shift to low-code workflow automation, which broadens the scope of who can create and deploy workflows to include decision-makers and direct collaborators. The result is that organizations may move away from top-down organizational structures to more symmetrical, collaborative systems that hasten process improvements.

AI in workflow automation is another big trend in the enterprise. AI-powered automation lets businesses draw on data patterns and machine learning to employ predictive analytics and insights for improved processes.

These solutions stand to transform the IT network ecosystem, where network administration is considered one of the last manual processes yet to be automated.  

Workflow automation software coming to market today will include features that advance IT’s ability to control and navigate network issues. Visual workflows will gain traction for easier workflow creation and mediation across IT networks. 

Businesses can also count on templatized workflows that can be used as building blocks to manage future automation, as well as integrative features with pre-existing workflow automation.   

Start work as a Freelancer (part 2)

Buy From Alibaba

Alibaba is a Chinese eCommerce store that matches Chinese suppliers with buyers all over the world. Prices are extremely cheap, providing the possibility of large profits. However, with the potential profits comes more risk. As you are dealing with suppliers in China, if the quality of the product that arrives isn’t up to standard there is little that you can do about it.

Products also have to be bought in bulk and shipped across the world, and customs tax needs to be paid. That said, Alibaba provides both the possibility of arbitrage or white labeling products, which can then be sold on Amazon or elsewhere.

Create Your Own WooCommerce Store

Once you have decided what type of product you are going to sell, you need to decide where to sell them. Selling merchandise on Amazon or eBay isn’t your only option. Creating your own eCommerce store is another way to promote your products and generate sales. Once you have decided what you are going to sell, whether it is white labeled products, your own designs, or other people’s merchandise, you can set up an eCommerce website to display these products.

WooCommerce is arguably the best WordPress eCommerce plugin for turning your website into an online store. Features include automated online payments, affiliate marketing support, product management, and much more.

Create an eCommerce Store with Shopify

Shopify is another great option if you are wanting to create your own eCommerce store. Shopify is arguably easier to set up than WooCommerce but will give you less control over your storefront and cost you more long-term. However, if you have little to no experience in creating websites or using WordPress, or you are working on a very tight time schedule, then Shopify may be the perfect eCommerce platform for you.

Many Shopify website owners will buy products on Alibaba Express and populate their sites with those products.

Sell on Etsy

If you are a creative type, then you could make money online by designing and selling crafty products on Etsy.  Etsy sells a range of beautiful and original items from independent suppliers. Categories range from jewelry, clothes, and accessories, to art, collectibles, and vintage. So if you have some stunning crafty creations, Etsy is the perfect platform from which to sell.

Resources: Etsy Alternatives how to sell your items beyond Etsy.

Niche Affiliate Amazon eCommerce Store

 A niche affiliate site often presents like an eCommerce store. To get started with an affiliate site, choose your niche then display products with pictures, descriptions, and prices, just as you would on an online store. However, when visitors click the ‘buy’ button, they will be taken directly to Amazon, to make the purchase. You then make an affiliate fee for sending the traffic to Amazon but have none of the packaging hassle, or initial financial output creating or buying the products.

Resources:  Affiliate Marketing

Dropshipping

Dropshipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a dropshipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site, and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue. It can be very easy to start a Dropshipping Business.

Merch By Amazon

 Merch by Amazon is another service offered by Amazon that will enable you to make money online without any initial outlay. To get started you need to create an account with Merch by Amazon. Then simply design some T-shirt logos or slogans, and upload them to your Merch account. You will need to choose a T-shirt type, color, and price, and Amazon will create product pages for each T-shirt. When someone makes a purchase, Amazon takes care of production and shipping. And you are paid a royalty for your design.

Printing Fulfillment Services

There are numerous printing companies that will print your designs onto not just T-shirts, but also hoodies, hats, posters, cushions, bags, and phone cases, to name a few items. These businesses also offer fulfillment services. This means that you promote the merchandise on your own site and once you sell a product the printing company will not only print your design but also send the item directly to the buyer. So all you have to do is concentrate on the marketing and selling of your products, and the fulfillment company will take care of the rest.

Selling digital products can be just as successful as selling physical products. Graphics, software, eBooks, design elements, sound effects, songs, and videos are just a few types of digital products that are in popular demand. So if you can turn your hand to creating digital products, let’s have a look at how you can make money online from this skill.

Create Your Own Digital eCommerce Store

Setting up a digital download store can be a great way to make money online from your digital assets, charging visitors a fee to download each digital product. Easy Digital Downloads is a popular WordPress plugin that will enable you to turn your website into a complete eCommerce solution for selling digital downloads.

Sell eBooks on Amazon

Ebooks can be relatively easy to write. Couple that with Amazon, a perfect platform to sell your eBook on, and you could be looking at earning an income through your writing. Once you join up with Amazon’s Kindle Direct Publishing scheme, you can self-publish your eBook in less than five minutes.

If your writing skills aren’t up to scratch don’t let that stop you. Find a capable freelance writer to produce the book for you. The only downside to this is the initial outlay of paying the writer, but this should be recouped in time once the eBook starts selling.

Self Publish Paperbacks on Amazon

As well as selling your eBooks, Amazon can also create paperback copies of your book.  CreateSpace, an Amazon-owned company, will help you self-publish your book. A relatively straightforward process, you must upload your work to CreateSpace and submit it for review. Your book will then be displayed on Amazon, printed on demand, and shipped by CreateSpace when purchased. And you can collect up to 70% royalties for each book sold.

Resources: [easyazon_link identifier=”B01277905E” locale=”US” tag=”makeawebsitehub-20″]How to write a book (book)[/easyazon_link]

Create and Sell Design Elements on Envato

If you have graphic design skills then you could make money online by creating and selling your own design elements, like templates, fonts, graphics, and other assets. This is a great way to earn extra money and build up a portfolio of work, which could lead to you picking up freelance graphic design jobs. Websites like Envato Elements pay you a fee per element sold, which can become quite profitable if your work is popular.

Sell Your Photos Online

If you are a professional photographer or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way to help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like  Shutterstock should ensure your photographs make you some money.

Build a Premium App

If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.

Build a Free App

Free apps have more chance of being downloaded and can be monetized through selling advertising space on the app itself. However, if you want businesses to pay to advertise on your app you will have to be able to prove a high number of downloads. So make sure you are prepared to put in the effort to promote your app once it is created.

Create and Sell a SAAS

Creating Software as a Service (SAAS) and charging people to use it can be a good money earner. Charge your customers a one-off fee to access the tool you have created, or monthly recurring payment. A useful and popular SAAS can expect a high return, so if you have the programming skills for such a task it may be well worth the cash rewards.

Design Themes

If you are a confident web developer then designing your own themes is an obvious path to follow if you are looking to make money online. ThemeForest sells a wide assortment of developer themes, including themes for WordPress, Shopify, Weebly, and Tumblr, to name a few. Once you have created your theme, get it accepted onto the ThemeForest marketplace and make money each time it sells.

Develop WordPress Plugins

Leading on from designing themes, you may want to try your hand at creating WordPress plugins. To increase sales it is worth creating both a free and pro version of each plugin. Free plugins can be added to the WordPress Repository, so your plugin reaches a wide audience. Users can then upgrade to the pro version to access advanced features.

Create and Sell Websites

Successful websites can sell for a lot of money. Websites like Flippa provide a platform to showcase websites to interested buyers. If you are skilled at putting websites together and know how to drive traffic and build a following, then creating and selling websites might be an effective way for you to make money online.

Re-sell Web Hosting

Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.

 Become A Twitch Streamer

Making money from streaming on Twitch is definitely a thing! There’s a captive audience waiting for you on Twitch. tv. Twitch Streamers, like Youtubers, make money through ad revenue and subscriptions to their Twitch channels. People like Ninja ( aka Richard Tyler Blevins) are making money hand over fist on Twitch these days – just by playing video games. He makes over $500k a month from his channel and other various sponsorship deals.

Become a YouTube Vlogger

Famous YouTube vloggers have followings in the hundreds and thousands and have become celebrities in their own right. And through advertising on their videos, they have made big bucks. Popular YouTube vloggers can be paid by companies to promote their websites, products, and services.

Becoming a vlogger is very easy. Simply sign up with YouTube, create your own YouTube channel, and start making and posting videos. The harder part is deciding what to vlog about, and then promoting your channel and growing your audience.

Allow Advertising on Your YouTube Videos

If your YouTube channel has received over 10,000 views then you can begin to make money from your videos through advertising. YouTube places relevant ads on your videos, which in turn, if clicked on, will earn you money. To get started with this, simply sign up with Google AdSense and YouTube will take care of the rest.

Be an Instagram Influencer

Similar to a YouTube vlogger, if you have a large or engaged following on Instagram then you could become an Instagram Influencer. You will be paid to promote products in your photos, from wearing certain clothes to action shots of you using particular merchandise. As your Instagram following grows, you may start out simply receiving freebies in return for a picture of you with the item in the shot. However, for those with followings running into millions, you can expect large payments to display products in your pictures. Use sites like Hype Factory to help connect you with companies prepared to pay for your influence.

Sponsored Tweets

For those with a large Twitter following, you can make money from your Tweets alone with  Sponsored Tweets You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.

 Brand Ambassador

Many big businesses are looking for social media influencers to become long-term ambassadors for their brands. This would involve you working closely with one particular band, and promoting their clothes, products, and services. You may also be restricted from promoting other brands, so check out the small print before agreeing to any long-term agreements.

Promote Your Own Products

If you have your own eCommerce store, social media is the perfect platform to showcase your products. Demonstrate your products in use and tell your social following why they need to buy your merchandise. Most social media channels allow you to add ‘buy’ buttons to your pages, allowing your followers to easily click through to your site and make a purchase.

Advertise Affiliate Links

Posting pictures of products and their affiliate links on your social media channels is another way to make money online through social media. Link to Amazon or to other affiliate program’s websites to make a fee from any purchases your social media followers make.

Advertise Affiliate Products

A popular tactic to make money on social media is to pay for advertising affiliate products. Create ads for particular affiliate products that are big sellers and have a high yield. Then target these ads at specific custom audiences to ensure your ads are viewed by those who will have an interest in the product you are promoting. If viewers click through your advert to the product page and make a purchase then you will earn an affiliate fee.

This is a slightly risky strategy as you have to pay upfront for adverts with no guarantee of sales. However, advertising is a quick and easy way of reaching your target audience. And, by using affiliate programs, you don’t have to deal with any physical products yourself.

List items for Sale on Facebook

If you have second-hand items to sell, or in fact your own products that you have created or white labeled, then you can sell them through Facebook. Post your products on some of Facebook’s many selling pages, and people can then view your goods and message you about payment and pickup.

Buy & Sell CryptoCurrency

Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that aren’t run by a government or institution. Bitcoin is the most well-known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is around $60k per Bitcoin!!

If you want to try your hand at Crypto trading then sign up for Binance, the biggest and best crypto exchange.

Teach online

Sharing your passion and skills by teaching online is yet another way to make money online. Sites like Skillshare are always looking for teachers to create courses and support their students online. And Skillshare’s top teachers make up to $40000 a year.

Expert Mentoring

If you are an expert in your particular field of business you can earn high fees for your advice. Clarity is a business website for startups and entrepreneurs. Sign up with Clarity as a mentor and then make money online by conversing with customers.

Become a Life Coach

If you have an interest in helping others then you might want to become a life coach. There are numerous winson edu you can complete to give you the necessary qualifications and experience to become a successful life coach. You can then start promoting your life coaching services online and picking up clients.

Create Virtual Events

If you have a background in marketing and a passion for a particular niche, then organizing a virtual event may be just up your street. A virtual event could span a day or longer. Individual live sessions would be run by experts in the field. And conference features would include live question and answer sessions, forums, and plenty of free giveaways. Visitors to the virtual event would pay to attend, so the more effective your promotion of the event the more money you would make.

 Buying and Selling Domains

Buying and selling domains can be extremely profitable, with a single domain earning you thousands. However, this is a long game, and you may be waiting years for someone who is prepared to pay big money for one of your domains.

Day Trading

Day trading is a very popular method of trading.  However, to enter into this line of business you will need to have some upfront capital. And if you want to be successful you will need to do some research into what is involved. I recommend you sign up to Etoro to learn what to do and begin trading.

Forex

Instead of trading stocks or commodities, another option is to trade in currencies. Forex, also known as Foreign Exchange or Currency Trading, is the largest market in the world. If you haven’t dabbled in trading before, start small, and remember don’t risk more money than you can afford to lose.

Become a Bank

If you have spare cash sitting in your bank account and already have the capital to invest, then you could consider becoming a bank. Zopa is a peer-to-peer platform that will lend your money to others wanting to take a loan. You make interest on the money lent, which is paid back in monthly repayments.

 Matched Betting – No Risk ( If you do it properly! )

Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income. Matched betting is the number one biggest and most popular way to make money online in the UK.

Enter Competitions

There are numerous online competition websites displaying thousands of competitions for you to enter. These competitions could win you prizes, gift cards, holidays, and cold hard cash. Spend time each day finding and entering competitions. The more you enter, the better your chances of winning.

Fill Out Surveys

Filling out surveys for cash can quickly amount to a tidy monthly payout. Sites like Gold Opinions reward survey completion with gifts, cashback, vouchers, e-Cards, money, and much more.

Simply signup and start answering questions. This is an ideal money-making hack for those wanting to fill a few minutes of their spare time making extra cash.

Get Paid to Review Music

Slice the Pie is a review site that will pay you for every review you post. Leave feedback on tracks, artists, clothes, and more, to help brands make decisions on what works for their audience.

Get Paid to Watch Videos

 Swagbucks is another type of ‘get-money-to’ website. Although Swagbucks offers a number of ways to make money, getting paid to watch videos is amongst its easiest gigs. Simply sign up with Swagbucks, then watch and rate videos to earn points and cash. These points can be redeemed for cash back (through PayPal) or through gift cards.

Type up Audios

If you are a fast typer then getting paid to type up audio tracks may be for you. Take Note Typing is always looking for transcribers who can work from home typing up scripts. An excellent home job option.

 Work on Amazon Mechanical Turk

Amazon Mechanical Turk has thousands of tasks available for you to choose from. Select the jobs you want to complete and work on them from home in your own time. Pay is low, but can quickly add up over time.

What is Amazon Mechanical Turk?
It’s a service that enables you to make money online by undertaking small, paid microtasks. The tasks that you can expect to do is stuff like rating an Amazon search result, spelling checking, proofreading a listing, basic translating, etc.

Become a Clickworker

Similar to Amazon Mechanical Turk, ClickWorker offers a number of online jobs for those looking to make money online to pop up their income. You can select the job that interests you, from correcting text to participating in online surveys, and then complete the work whenever is convenient for you.

Test Websites and Apps

If you have a decent understanding of what makes a good website from a user-experience perspective, then your knowledge and opinions could earn you money.

The website user-testing will pay you $10 for every website or app you review. Simply sign up and then start reviewing. Each review should take 20 minutes, and you will need to complete a set of tasks whilst on the app or website.

Most sites like usertesting.com pay ~$10 per 20 minutes, or ~$30 per hour, which is awesome for just looking at a website and giving your honest opinion.

Sell old cell phones

Nowadays, cell phones go out of fashion and function every 2 to 4 years. Trading up your smartphone for the newer model seems to be the thing to do. With this fast-growing trend, there’s an opportunity for you to make some extra cash by selling your phone and maybe buying old phones for cheap from friends and family and flipping them on a site called Gazelle. Gazelle is a new cell phone selling platform that will pay you either cash or gift cards for your old cell phone.

By using this platform, there’s the opportunity of turning “cell phone flipping” into a small part-time business if you’re able to consistently get your hands of cheap secondhand mobile phones. Note that Gazelle will only pay you for smartphones that work. Not old Nokia 3210s and very old models.