The upheavals of 2020 have led many of us to reflect on how we can generate additional income in this climate of uncertainty. Having a sideline to bring in extra cash not only makes us more financially secure, but also provides a fun and creative opportunity for our skills.
Here are four easy ways to make money online. Getting started is easy. What’s stopping you?
Sell your stuff
The first question is how much money you have tied up on things that you no longer want or need. Take a look around your home and think about what items you could sell online for some useful cash. Pick things in good condition so they are easier to sell and get the best photos you can. Next, list them on one of the many popular websites: Facebook Marketplace, Gumtree, eBay, etc. Make sure you understand your payment terms – if you don’t already have one, set up a PayPal account. For bulkier or heavier items, consider how you will handle deliveries and who will pay.
Sell your skills
Are you a talented writer, designer, or IT specialist? Why not monetize your skills with some online freelance appearances?
Sites like Upwork, Freelancer, and Fivver have clients all over the world looking for people who can help them with specific projects. Bid on the job you’re interested in, set a price and deadline, and enjoy the satisfaction of getting paid for doing what you love. Working through these platforms will ensure that you receive payment once the job is complete.
If you’re a designer, all you need to do is find an office printer so you can see what your designs will look like on the page. If you’re a writer, all you need is Google for your research and an online thesaurus to make sure you impress your readers.
Sell a product
Are you a natural seller? Consider buying a product in bulk to resell online. This works best when you have a solid knowledge and can vouch for the quality. Before you begin, do your research and make sure your selection is in a niche that is trending. Start as an Amazon reseller or start small with Facebook and other social media promotions.
If you are an expert in a particular field and you know how to teach or coach others, you can create content and start your online courses. Whether it’s yoga, a dance style, or a second language, you can build an audience provided your videos are engaging and people can learn from them.
Start with free videos on Youtube and invite your followers to attend paid webinars or purchase your online courses. Of course, this will take an investment of your time (and some money to make high quality videos), but if you think about it, once you have the content, once you have the content, people can keep shopping indefinitely so the rewards can be great. You will share your knowledge and make money even when you sleep!
Start a blog
When we read about online influencers who make fortunes from blogging, it is natural to ask how they do it. Blogging has a significant impact on the brands we buy and companies are spending ever more marketing budgets getting their brands on the right blogs. Most popular bloggers can only make a living from their online content. So how can you monetize your hobby or subject area?
Setting up a website is easy and inexpensive, especially if you use a website builder like Wix or Weebly. The key is to make sure you are creating engaging content that will attract and grow an army of devoted followers and keep them returning to your website. Without visitors, you won’t get the income you want. So choose a niche that is not yet overcrowded.
How do you get paid next? The first way is to serve external ads on your website. Check out Google AdSense and similar programs that make this easier by placing ads on your blog.
If you choose a pay-per-click model, you get a small amount every time Clicks Ön the ad on your page. Alternatively, you can have the cost per 1000 impressions (CPM) preset and get paid every time 1000 people only see the ad, regardless of whether they click on it or not.
Bloggers also make money through affiliate links with specific brands they work with. A hyperlink is provided to your product that you embed in your content. If a reader clicks on this link and buys the brand’s product (within 30 days and provided they don’t clear their cookies) you will get a percentage of their total spend.
So, if you have a passion or a hobby and you have the time to create attractive content, blogging can be a lucrative and fun way to generate extra income.
You can find more information about making money blogging here.