Being a part of this technocratic era, we all are striving hard to hit the nail exactly on the head. The world has become a global village where the internet has tied us all, due to which we can share information in nanoseconds with each other. With digitization and globalization of business, the physical work has reduced and everyone is trying to make money online. The era of online earning has also changed the sad truth of unemployment now.
"As the economy is shifting, you need to have legitimate and creative sources for extra income. There are opportunities available that people have been using for years now” -Franklin Gillette
Today, anyone from any age group, sitting in front of a laptop or even with mobile earns much more than a person sweating out in the field. But you need to have some skill set which can be sold online. These skillsets are digital marketing, social media marketing, etc. It has brought the sense of pride and responsibility for youngsters while it has a become way of producing more bucks as a side business. Monthly earnings are variable and depend upon the number of clients/projects you can handle online.
The benefits of working online are extensive
- You can work in any outfit
- You can work anytime in 24 hours
- Your maintenance costs are low
- You can work for anyone in the world sitting at home
You will also like our list of 56 Business Ideas with Low Investment
Tips to make money online:
Sell your Professionalism
Online jobs are about interacting with people you don’t know and to some extent, you will never meet them anywhere face to face. Work towards standing out because it is very competitive. When submitting your resume for a given work, ensure the formating very well. This will portray who you are in the resume. Double check everything before sending out a document. Use grammar professionally. It is very irritating to find wrong spelling in a document.
Identify your Niche
It is very important to identify the area you are good at and will help you earn more cash. It does not mean you have to be an expert at the start. Bear in mind that, what you are doing should add value. This is the only way to get hold of your target audience.
Give what customers can consume
Making money online will require you to post some samples. It is good to send many samples to customers to have an idea. At the same time, don’t overwhelm them with too much information that will confuse them. Be simple and clear.
Disadvantage of Making Money Online
Online working requires connections, trust and online presence that you build on your skills to make good cash. The disadvantage of this is that you lock yourself at home working alone, which is an easy way to lose contact socially.
Online Money Making Methods
An increasingly popular way to earn money on internet is that of taking an online surveys. Online survey or internet survey, is one of the most popular data-collection sources, where a set of survey questions is sent out to a target sample and the members of this sample can respond to the questions over the world wide web. You might have noticed many surveys having some multiple-choice questions. Some even require your opinions and feedback in short lines.
Earnings depend on the length of the survey and your country. Within 5 to 10 minutes, one can easily fill the survey/form and earn. Some of the best websites are ClixSense, Neobux, Global Test Market, Swag Bucks, Star Panel, Toluna, India Speaks SurveySavvy, SpiderMetrix, ValuedOpinions India. You won't make a lot of money by doing this but if you are consistent then at the end of the month you can make enough money to do some side savings.
Blogging is one of the most scalable and profitable ways of making money online. Anyone can start a blog even for free. You just need a domain name and hosting to start a blog. There are many platforms available where you can start blogging for free and you may not need hosting & domain. Two such famous platforms are Blogger, WordPress etc.
You can make money with blogging by showing ads. After sometime when your blog will become popular you can link it with your Google Adsense account which shows ads to your visitors. You can earn. Many popular bloggers make money from sponsorship also.
Mind you, Blogging also needs consistent effort and dedication to bring traffic. You have to post content consistently so that it can build trust with your audience.
Paid to click (PTC) is an online business model that draws online traffic from people aiming to earn money from home. PTC sites act as middlemen between the advertisers and consumers. Advertisers pay some amount of money to the PTC websites some part of that payment goes to the viewers of the Ads. Many businesses don't want to waste their money on advertising so they simply hire an agency or any third party to bring traffic to their website.
You can earn money on PTC sites by clicking the ads or watching them for a while. It requires patience and that too for just 30-40 seconds.
There are many PTC websites are active on the internet which is a scam they try to bring viewers on their website and after their work is done they don't pay anything to the viewers. So make sure that you register with the trusted PTC websites only. You just have to Google "(Name of the PTC website) scam" you will get all the information about the website, whether people are making money from the website or not. Below we have listed some of trusted PTC websites - Rebel Prize, Paidverts, NeoBux, ClixSense.
Solving Captchas is one of the easiest ways to make money online. But it requires a lot of patience and strength to earn money by solving captchas because you have to sit in front of your desktop screen for many hours and only after that you will be able to make a little amount of money. If someone has no skills that he can deliver to the market then he can do this to earn some amount of money. You just have to read the captcha and type the exact characters in the box. There are some websites where you can earn approx $5 for solving such 1000 captchas. Some of the trusted websites are listed below- Kolotibablo, MegaTypers, CaptchaTypers, ProTypers, Captcha2Cash, 2Captcha, Qlinkgroup, VirtualBee, FastTypers, PixProfit.
Online Renting & Selling
There are a lot of websites and application through which you can sell, buy or rent the things you want. C2C (Consumer to Consumer) e-commerce platforms helps customers in and around their location to get second hand good quality purchase. OLX, Quikr, Rentezee are some apps which allows you to sell or buy your requirements at an economical rate, and you can give less or merely used devices, utensils, furniture etc. on rent too and be paid as a renter. It is quite common these days to have various things like machines, accessories and tools lying around vacant that could give them some returns.
So, instead of keeping them unutilized, they should be used to gain some benefits instead. The market was quick to notice and made the best of this opportunity and online trade now is a very fast growing industry for the same reason.
Also read: List of Rental Startups in India
Affiliate Marketing is one of the best ways to generate an online income passively. There are so many platforms like Amazon, Flipkart, Snapdeal which offers people to become their affiliates and promote their products. An Affiliate Marketer works like a Salesman but here they just need to share or promote their affiliate links and if anyone buys the product through the affiliate link the affiliate marketer will get a commission which will be transferred to his affiliate account and after completion of a milestone which is declared by the marketplace, they can transfer the money to their bank account.
You just need a blog or a website or a huge audience on any platform where you can share your affiliate links. It can be a product review website or it can be your blog. You just have to make sure that your website is getting a lot of traffic to make money by doing affiliate marketing.
Online Stock and Forex Trading
Stock exchange and Foreign exchange trading is a very lucrative way to make money for those who have a better understanding about the market. You can buy and sell stocks online. There are ample number of free and paid courses available on the internet that can train you for online stock and forex trading. This field requires a lot of brain power and decision making, and an exhaustive study of the same will equip you to do the same. Trading platforms provide all the necessary support and assistance by providing secured real time access to trading, research reports, price analysis of stocks, market news, etc.
Become a Freelancer
Freelancing is a very popular way to make money where you can work with small or big scale companies on a temporary basis and provide them with your services. In freelancing, you are self-employed, but you work for a business and it can be steady and regular like in a job. One of the big benefits of freelancing is that you can usually charge more per hour in your freelance business than employers pay for the same work. It can be multiple organizations at the same time.
There is no limit of making money by freelancing but it also depends upon the type of skills you will use as a freelancer. You can work as a content writer, a graphic designer, video testimonials, or even provide services of SEO, data entry and many more such things. There are many websites which act as a mediator between freelancers and client.
Also read: Digital Marketing Business Ideas
Publish a book online
When the love of content writing takes over, a writer is born. If you love writing and think you can create a masterpiece of many pages that grabs people’s attention and creates some artistic value – then why not write a book? And to increase your success rate exponentially – publish it online. There are many platforms like Kindle and lulu where you can publish your content and earn money. Publishing e-books is a great way to make a passive online income and grow into bigger projects and establish your authority as an expert in the field of writing.
Following are the steps to publish your own book:
- Write your book
- Get feedback from friends, family before publishing your book
- Choose a book title
- Hire a great book editor
- Design a book cover
- Create your Direct Publishing Account on any publishing site
- Format and upload your book
- Decide price for your book
- Self-publish your book
Become a YouTuber
YouTube is the second largest search engine which people are using nowadays. More than reading a blog people prefer to watch videos. Currently, YouTube has more than 30 million daily visitors. Nearly 500 hours of video are uploaded every minute, with more than 2500 channels that reach in excess of 1 million subscribers.
If you love creating videos that are interesting, informative and clear, then YouTube is the platform for you. You just need a smartphone to start your own YouTube channel. If you think that you have something which you can show the audience to entertain them or if you have any skill which you can teach people then you should start a YouTube channel right away.
Once you make a YouTube account, start uploading your content and increase your audience i.e. the subscribers. Now-a-days, there are a lot of influencers who have a substantial amount of audience with them. Other brands look out and reach out to these people in hope of getting them to promote their product or service so that it reaches new audience and the advertisement is done thereafter. This can help you make a lot of money. Moreover, Adsense is another option to monetize your channel.
You have to upload videos consistently though. Maybe at the beginning, you will not get that much of views but once you can build the trust with your subscribers and if your content can provide value to the audience.
Start an E-Commerce Business
After Amazon’s successful rise in this world, it has encouraged everyone to use the global platform using the internet and technology and fulfil their dream of starting their own e-commerce business. It is entirely different from the traditional methods of doing business as it requires a team of tech-savvy people who can maintain the website, graphic designers, and workers. Considering the Indian market and the mindset of Indians, it is very difficult to create trust among people as we are still in the process of digitalisation and modernisation. Buying the products physically by going to shops is still the priority for us. But if you can find the right audience and the right product you can easily build the trust.
You can use Social Media to find the right audience and then you can start thinking of a product which the people of the group want and are willing to pay for it. At first, you need to work hard to build the business but nothing is impossible to do. You just have to believe in your product and your business model. You can make a lot of money and that will be a passive income.
Also read: Business Ideas for Students
Thanks for reading and Happy Earning!