You might be familiar with the expression, ‘there is no such thing as a free lunch’, however, this couldn’t be further from the truth. In this article, we will introduce you to some of the most profitable ways to make money online now. Most of these methods require little to no expertise and can be performed by anyone. The key to successfully making money online now is by learning from the pros who have already been there and done that. The following list of money-making ideas will teach you everything you need to know about how to make money online now:
Selling And Promoting Your Own Products
Thanks to the likes of Amazon, which is now your neighbor, if not your friend, you can have your own online store selling all kinds of products. From books to electronics, house wares, and more. You get the picture. All you need is a computer, an e-commerce platform, and a decent Internet connection. Setting up an online store isn’t as difficult as you might think and there are plenty of tools and apps that can help you along the way. Don’t expect to make a lot of money right away, you’ll probably need to build up a store, gradually increasing your sales as you go. But, it’s certainly possible to make some extra money this way.
Creating And Selling Your Own Products
If you’re the creative type, you can take advantage of that by taking your talents in other directions. Instead of building, designing, or drawing something, you can now sell your work digitally. Designing and creating art for businesses, stores, and individuals means you’ll never be short of work. You can even combine your talents by designing a logo or wrapping paper for a company, and then using your artistic skills to create product images or packaging for the same company. All you need is a computer, a decent Internet connection, and a creative mind. In fact, the demand for logo designs and other types of advertising artwork has increased dramatically in recent years and there are now plenty of opportunities to make money online from this source alone.
Selling And Promoting Other People’s Products
The sharing economy, or as some people are calling it, the collaborative economy, is just one of the newer ways of earning money online. Essentially, you’ll be acting as a middleman, or broker, between customers and creators. You’ll be selling their products and either facilitating or encouraging customers to buy them. You’ll essentially be acting as a go-between, making sure that both parties are happy with the arrangement. Some examples of share-economy products include Stitcher, Swoop, and Hello Fresh.
The share economy allows you to build a portfolio of products, or brands, which you can then sell to make a profit. It’s a great way to build a business while also making money online now. The demand for middlemen in today’s world is seemingly endless. Whether you’re an armchair traveler, a cruise enthusiast, or an escapist who wants to retire to a life of leisure in a warmer climate, buying and selling on online marketplaces has become an attractive option.
Teaching And Tricking Students
If you’re an expert in some field then you can use your knowledge to earn money online. The amount you’ll be able to charge will depend on your expertise. For example, if you’re an English teacher then you might be able to get freelance teaching offers. Or, if you’re a lawyer then you could establish a not-for-profit legal advice clinic, or a part-time legal consultancy. Tutoring is another great way to make money online and there are plenty of tutoring platforms like Tutor.com, MyCerinox.com, and MyUCLay.com that allow you to connect with potential students and earn money online, in a traditional classroom setting.
Traditional classrooms aren’t the only thing that have shifted to the internet. Many businesses operate on a completely virtual basis now and the way we educate our children also changed with the times. For example, many schools have adopted online learning platforms like Blackboard, which is used by over 1.2 million schools worldwide to create and administer courses and assessments. While this undoubtedly has its perks, it also means you’ll never be short of work as there’s always demand for virtual tutors.
Freelancing For Large Enterprises
If you’re looking to make a substantial amount of money then you might consider becoming a freelancer. These are individuals who contract with businesses and individuals to perform certain tasks. They are usually highly specialized in one area, such as design, marketing, or copywriting. Because there is little or no oversight from corporate offices, you’ll likely have the opportunity to negotiate higher rates than you would if you were working for a large company.
The nature of freelancing, as opposed to other ways of making money online now, is that you’ll be creating your own work. However, there are plenty of opportunities for you to make money online through freelancing, including:
- Designing and implementing corporate identity materials, like logos or websites.
- Writing product descriptions, marketing copy, or FAQs for websites and other products.
- Structuring and editing documents, like business plans and contracts.
- Graphic design, like logo design and web banners.
- Online stores, like Amazon and Etsy.
- Virtual assistance and research, like legal, financial, and administrative work.
- Software programming, like apps, websites, and online stores.
- Customer support, like help desks and live chats.
- And the list goes on.
Working for large organizations definitely has its perks. You’ll get the opportunity to travel, discover new places, and make useful connections. But, you might find the pressure can become a bit much. In addition, you’ll need to constantly prove yourself and ensure that you’re meeting the necessary deadlines. If you’re looking to make a decent amount of money then freelancing might be the way to go. It’s definitely not as easy to get into as some of the other methods mentioned here, but you’ll certainly be able to find work if you put in the necessary time and effort.
Each one of these methods of making money online now offers its own special perks and advantages. If you’re looking to make a quick profit then you might want to try one of the stock market platforms, like Acorns, which was recently valued at over $15 billion, or Robinhood, which is also a great option due to its zero commission fees, as long as you’re trading stock in the US. Or, you could try a platform like Swoop, which was valued at $20 billion, but charges 15% of every purchase, on their platform, which they dubiously describe as a ‘Netflix for shopping’. Or, you could try a method of selling your own products, like an e-commerce store, like Shopify, which is valued at almost $4 billion and allows users to build their own stores, completely free of charge, through their platform. Then, there’s the option of becoming a tutor, which pays well and allows you to do what you love, while also making money online now.
Live Video Streaming
Thanks to the likes of YouTube and Netflix, as well as Twitch, which I’ll discuss in more detail in a bit, you can now live stream video content, on the web. This content, usually in the form of videos, can be anything from sports, to documentaries, to interviews, to reality TV shows, and more. The sky is the limit when it comes to the type of content you can bring to the platform. You get to set your own hours and work remotely, if you so desire. And, since this is digital content, you won’t really need a physical location to operate from. Traveling to different cities to shoot live video content for your channel is now completely acceptable. And, maybe even necessary, to keep your viewers engaged and interested in your content.
Like many other platforms, like Amazon, YouTube, and Netflix, the world of online video streaming is also a highly competitive arena and much, much research goes into developing an effective strategy for content creation. Building a successful channel, or series, on any of these platforms takes a lot of time, research, and, for some, money as well. But, the rewards can be invaluable as you’ll be able to connect with millions of users, worldwide, who crave authentic and engaging content. Think of the possibilities for engaging students, or members, or potential customers, through live video chats or courses, on YouTube.