How To Make Money Online: Simple 11 Ways
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| Make Money Online |
Here are the 11 best ways to make money online:
1. Give an online course
One of the wonderful aspects of the internet is how easily we can share knowledge across borders. Consider selling an online course if you are an expert in a particular subject or if there is something you believe you can contribute to in your field.
Dozens of websites, such as Skillshare, Udemy, and Coursera, make the process easier for you by allowing you to create a course and upload lesson videos and materials.
Students can either buy your individual course or subscribe to the site and access all courses whenever they want, depending on the site they choose. Most websites pay you per student, so the more popular your course is, the more money you'll make.
2. Start a blog
A blog dedicated to your area of expertise is another way to share your knowledge with the world. Bloggers typically make money by placing advertisements on their websites.
The most popular method is to use Google AdSense — you decide where on the page you want the ads to appear, and Google AdSense will match your blog's content with advertisers looking for readers like yours.
Another way to monetize your blog is to include affiliate marketing links in your posts. The URL of an affiliate link contains a one-of-a-kind code. You will be paid a commission if readers click on the link and make a purchase.
It does not have to be difficult to start a blog. Website builders such as WordPress, Squarespace, and Wix can assist you in quickly creating an appealing and easy-to-navigate website with integrated ads.
3. Sell stock photography
For artists looking for a side hustle, stock photography is a great option. You can sell your high-resolution photos on dozens of websites if you have a professional-grade digital camera. Shutterstock, Getty Images, Dreamstime, and converting the raw are the most popular.
To sell stock photos and videos online, you must have a basic understanding of the types of images that clients are looking for. You'll also need to decide whether your photos will be royalty-free (no additional payments required after the initial purchase) or rights-managed.
If you're going to use models, you should look into model releases to protect both the models' image and your own liability.
It does not have to be difficult to start a blog. Website builders such as WordPress, Squarespace, and Wix can assist you in quickly creating an appealing and easy-to-navigate website with integrated ads.
4. Find gigs on freelance marketplaces
Working for yourself is now easier than ever. According to one Statista report, there were 57 million freelancers working in the United States in 2017. In the next eight years, the number is expected to rise to 90 million, implying that just over half of all workers — online and offline — will be freelancers.
Upwork, Toptal, and Fiverr are popular sites for finding freelancing gigs. You can advertise your work in a variety of categories, including graphic design and web development, as well as voice-over work and illustration.
Clients will contact you with their requests, and you will have the option to accept or decline the job. Processes vary by site, but in general, clients will contact you with their requests, and you will have the option to accept or decline the job. When the job is finished, you will submit it to the client and be paid.
5. Sell your old clothes
Most of us have items in our closets that we'd like to get rid of, but tossing an old dress or vintage pair of shoes may seem like a waste if they're still in good condition. Selling items that are cluttering up your home is a great way to make some extra money.
Online thrift shops such as thredUP, Considering the quality, and Depop can help you free up space while also earning a few dollars on the side. Most sites will require you to handle the selling and shipping yourself.
Other sites, such as thredUP, will require you to mail your items to their distribution center, where they will handle the sale and send you the proceeds.
6. Offer online tutoring
With the recent rise in distance learning, there are numerous opportunities to start a side business online tutoring students of all ages. Math and science tutors are the most popular, but tutors in all subjects, including ESL tutors for language learners, are in high demand.
TutorMe, Skooli, Wyzant, Chegg, and Khan Academy are some popular online tutoring websites.
If you are a native speaker of a language other than English, you may want to look into language tutoring websites like Italki, Preply, and Verbling, where students sign up to practice their conversational skills with native speakers of the languages they are learning.
7. Become a lender
The rise of "crowdlending" is just one more example of how the internet has reshaped nearly every sector of the economy.
Previously, anyone seeking a personal loan had to go to a bank, credit union, or payday lender. If the person did not have good credit, they would be subjected to high-interest rates if they were approved for the loan at all.
Peer-to-peer (P2P) lending websites now connect borrowers with lenders who are ordinary people like you.
A loan can be pooled from multiple lenders rather than taking the entire amount from a single lender. You will receive a portion of your investment plus interest as the borrower repays the loan.
Prosper, Perform, and Upstart are three popular peer-to-peer lending platforms.
P2P lending carries risks, just like any other investment. The borrower may default on the loan, leaving you and the other lenders out of pocket.
8. Sell your creations
There are numerous ways to earn money from your hobby if you are crafty or artistic.
Etsy is the most popular website for selling handmade items such as leather purses, wall prints, custom phone covers, sewing patterns, and so on. Whatever oddball creation you create will most likely find a home there.
If you're an artist looking to sell prints of your work, print-on-demand sites like CafePress, Big Cartel, RedBubble, and Society6 can help by printing and shipping products as customers purchase them.
If you'd rather avoid the transaction fees of a marketplace and handle all aspects of the business yourself, e-commerce sites such as eBay, Shopify, Big Commerce, Squarespace, and Wix can assist you in creating your own online store, complete with payment processing.
If you're interested in dropshipping, Amazon is also a good option.
9. Start a streaming empire
It's difficult to imagine the internet before live-streaming became so popular. Previously, it was limited to gamers playing live and conversing with their viewers.
While gaming is still at the heart of live-streaming, you don't have to be a gamer to make money as a streamer online.
From cosplayers making their costumes on camera to groups of friends running a live Dungeons & Dragons session to just regular people talking about their lives, creators of all kinds are broadcasting their lives across the internet.
Subscriptions, donations, affiliate marketing, advertisements, and third-party sponsorships provide revenue for streamers.
Twitch is the most popular streaming site, but other sites such as YouTube and Facebook also provide user-friendly streaming tools. Similarly, social media apps such as Periscope, Instagram, Snapchat, and TikTok allow you to stream directly from your phone.
10. Get support from your followers
Finally, if you're a creator of any kind, you can get financial support from your followers to help you pursue your projects.
Sites like Patreon enable you to create a membership program with multiple tiers, allowing you to create exclusive content for your subscribers that others cannot see. It's a great way to show off works in progress and sketches, as well as workshop an idea with the help of your followers.
OnlyFans is another popular site that is mostly known for not-safe-for-work content; however, the site is open to creators from any field.
If you'd rather receive funds for a specific project, crowdfunding is the way to go.
Websites such as Kickstarter, Indiegogo, and GoFundMe allow you to create a project proposal with a funding goal. Supporters can contribute to your campaign, and once you reach your financial goal, you will receive the funds (less a central processing fee) with the promise to deliver to them.
11. Before you start hustling
There are numerous ways to make money online, but you should always ensure that you are dealing with a reputable company. Be wary of scams that require you to make a large cash investment in order to buy merchandise to sell.
Also, keep an eye out for clients and customers who are looking to take advantage of you. Know the value of your work or product and advocate for fair compensation whenever possible.
Working a full-time job online and from home can provide a good income. Making your own way in the online job market will be difficult at first, but it will be worthwhile in the long run.