Did you know that about 1.79 billion people bought online in 2019 alone? Yes, that many people. Mind-blowing right? The online community is ever-growing and teeming with opportunities. Today, many people live from the comfort of their homes via the internet, but many others like you ask – how can I make money online?
There are a multitude of ways to earn online, and you might run into a paradox of choice trying to pick out what’s best for you, but not to worry, here you’ll find out not just ways of earning online but also how to choose which will be best for you. Although there are so many opportunities you could benefit from in the digital space, there is a lot of competition. Remember, there are no physical boundaries on the internet, so keep in mind that you may not be the only one bidding for a gig or vying for a work from home job.
For you to earn online, you have to stand out from all the competition. Present yourself and your product or service as the best solutions provider in whatever niche you are into. Here are 6 genuine ways you can make money online.
Affiliate Marketing
Imagine waking up to a notification on your mobile device telling you that you just received the XYZ amount from your affiliate links. Sounds good, right?
Affiliate marketing is merely advertising for products through your platform and then earning a commission whenever a purchase is made. Your platform here could be your blog or social channels.
While it’s easy to get lost in the multitude of affiliate programs, you should only promote valuable products relevant to your niche. Although there are no rules concerning the number or choice of affiliates, the idea is to establish yourself as a symbol of authority in your niche market to make yourself synonymous with competence and trust.
The more your audience trusts you, the more your affiliate sales. If you, as a parent, are going through a blog on kids’ clothing, for instance, and you come across a link to a kids’ toy store, most likely, you will click on that link even if you are not ready to make a purchase.
On the other hand, if an ad on kids’ toys is displayed when reading an article on cybersecurity, what will your reaction be?Let me guess, you skipped it, right? Some others might exit the page and find it hard to visit again. The point is for you as an affiliate marketer to put yourself in your audience’s shoes and promote only those products relevant to your niche. On the bright side, if one of your affiliate programs shuts down, you can easily switch to another in the same niche, making affiliate marketing an evergreen way to earn money online.
Blogging
This is another way for you to make money online from home. Blogging entails creating engaging and informative posts for your specific target audience.
Now you might want to ask, how does creating content on your blog amount to making money online? When you create engaging content, you build a loyal following, and then you can monetize your blog. Google pays you in exchange for placing ads relevant to your niche on your blog. This is also one of the channels which you can leverage to boost your affiliate earnings.
Freelance Gigs
Are you a writer? Can you pass messages through appealing designs? Can you create apps or websites? Whatever skill you have, freelance gigs are another way to monetize your skills and earn money online. From writing to designs and translation, freelance gigs are on the increase and will continue to be.
You can execute jobs and receive payment on an hourly basis or contractual basis, whatever you decide to go with. There are a lot of freelancing sites where you could earn by working on some short term tasks.
Fiverr and Upwork are well-known freelance sites where you can sell your skills online and make money.
YouTube
This popular video hub is also another platform with which you can make money online. YouTube pays you in exchange for the traffic you help them generate on their site, but only if you have large engagements on your videos. YouTube starts paying you when you have at least a thousand views on your videos.
And with more following, you can monetize your videos. In 2017 alone, Dan, a popular YouTuber, earned $16.5 million. Although you might not receive that much, there is still room for you to make decent money via this platform, if you are willing to work.
Online Courses
If you are knowledgeable in a particular field or subject matter or have a skill you could teach others, you could create a course to help inform people and educate them.
Courses could range from programming to writing or learning a foreign language.
One good thing is that you only have to put in the work during course creation.
There are several sites where you could sell your course. You could register as a teacher on Udemy or Teachable or sell them on your website. If you decide to sell your course on your site, you might have to handle marketing.
Nonetheless, creating online courses is one way you can make money online.
Dropshipping
Here, you sell products to consumers or other buyers without having to come in contact with these products physically. It’s relatively easy to start, and it requires little capital.
Think of it as an online version of the physical store you see every day. The only difference is that you don’t own the products on display. You merely market these products on your store from different manufacturers. Your search for products in stock, find reputable stores, and market these products in your store. You could also use the features in Prizehog.net to make yourself some money.
As with any other platform for online earning, it requires consistent hard work and discipline to put in the work if you want to see positive returns and grow your online earnings. There are countless opportunities from which you can make money online. The deciding factor is YOU. Find what you love, put in the work, and watch your stream or income streams grow significantly with time.