If you are contemplating on how to make money Online in 2020, then you must be living under a rock because it is officially the time of the bloggers, YouTubers and IGTVers (see: Instagram). What is more astonishing is that they are making massive incomes through these channels. You will find teenagers buying their first homes for their parents to buying one of the most luxurious cars out there and then flexing on YouTube.
However, apart from these obvious channels, there are easy ways to earn income on the side. Let’s start the countdown shall we:
1) Become a Part-time Blogger
Blogging is different than vlogging but still profitable and rewarding. What is best is that you can start writing about things that you are interested in. However, just make sure that you are tapping into a profitable niche market. Otherwise, your blog won’t receive as much traffic as you would hope.
Now, the question is – how to earn profit through my blog? Well, through Google Adwords, affiliate marketing, and subscriber-based lists. There are more ways to earn money through blogs as they have evolved from just a static page of information to becoming channels of marketing and promotions as well.
2) Start an eCommerce Website
eCommerce websites and mobile apps are all the rage these days. So, why not start your own. What you can do is take the opportunity to create your own ecommerce website or store. All you need to do is find the right software development company in Houston and ask them to develop one for you within your budget.
Once all built, you can then start selling products from your site. You can also go the route of drop shipping. Drop shipping is where you take the orders on your site and get them manufactured and shipped from a third-party source. It’s less hectic and best to earn easy cash.
Of course, you cannot just randomly add products and call it a day. You need to tap into a specific niche and one that is profitable. No need to aim too high and become like Amazon that sells anything imaginable.
3) Affiliate Marketing
One of the easiest ways to make cash is through promoting services, companies, products, and much more on your blog or on your social media. Provided that your blog is successful and you are all the rave on social media. Because if you are famous and have a great reputation, then your chances of being approached by companies and brands is much higher.
Whenever a certain sale or conversion happens, you earn a commission on the side. This is a great way to earn money. Now, if you are running a blog, then you would need to work hard towards creating great content that would get traffic and clicks on the affiliate links.
4) Give Surveys
Possibly the easiest way to generate an extra income stream is by giving surveys. Companies are looking for valuable feedbacks and gladly pay you for taking their surveys. Now, based on the complexity of the survey, the charges can increase (to thousands of dollars even).
However, do not just consider any company with a good offer. Avoid illegal companies or scammers that would make an utter fool out of you and rob you out of your money.
Although giving surveys isn’t the most reliable source of income as there is no guarantee that you would land on a high-paying survey every month. However, whenever you do, you can earn a couple of hundred dollars a month.
Freelancing has become a career path for many experts that would ditch the 9-5 rat race and embrace freedom through online gigs. You too can earn on the side through freelancing. Just make sure that the market you are tapping into is lucrative and has many jobs for you to target.
Take content writing as an example. It has a great market. However, it has even tougher competition. Nonetheless, you can make good money online by giving 5-10 hours weekly. If you are an expert and have experience in your niche that also happens to have a great freelance demand for it, you can work fewer hours and on your terms and still make more money online than your regular job.
Bottom line is to know the game. Build a solid clientele over time and provide consistent and quality work. Once you build a great reputation among the freelance realm, you will not be the hunter but the one hunted by great paying gigs.
These were just 5 one of the best ways to make easy money. If you start diving into the possibilities, you will find that you have a plethora of options to choose from. So, what will it be for you?