If you have been struggling with finances because of the ongoing pandemic, why not take some time and learn a method to make money on the internet?
There are multiple ways to create a source of income online, even if you have only an hour or so to spare every day. Are you interested? If so, check the information below and pick a method for yourself. And remember that unsuccessful attempts should not discourage you. Continue trying until you find an idea that works.
Method #1 – Print-on-Demand Merchandise Store
Starting a print-on-demand from scratch can be a bit rough, particularly if you do not have graphic design skills. However, the lack of experience or skills should not be something to discourage you.
Valuable learning sources like the all-over print design guide by Printify will give you an idea of how to approach the method. As for graphic design, you can hire a freelancer and leave that part of the project to them.
As a rule of thumb, you should start the POD store by promoting one type of product. It could be t-shirts, mugs, or face masks. The thing to note here is that adding different merchandise initially will make it harder to advertise the store when you do not have the resources for it.
Method #2 – Dropshipping Store
71% of shoppers believe they will get a better deal online than in stores. Brick-and-mortar is not dead, but those shops are not as popular as they were. Not to mention the ongoing pandemic, which made more people shop online.
A dropshipping store is also worth considering, especially if you have a lot of time to spare. Learning the ins and outs of e-commerce and dropshipping could lead you to financial independence.
Sure, some would say that the market is oversaturated, but new goods and services appear regularly, so there should be opportunities to become one of the first to promote these products and not face too much competition.
Method #3 – Blogging
For some bloggers, writing articles is a hobby, and they have no intention to monetize their website. For others, it is an excellent source of income.
You could become a blogger and monetize your website as well. It helps if you have a way with words and do not lack creativity, but these things come with time. In other words, if you are willing to persist and learn to blog, monetizing the website will become a reality.
Bloggers make money from digital product promotion, affiliate links, crowdfunding platforms, ad networks, and publishing sponsored content.
Method #4 – Customer Support
You may read about online stores looking to save money and adopt chatbot technology to replace real humans. Sure, machine learning and AI technologies are valuable, but chatbots cannot replace real people quite yet.
The work in customer support may not be that exciting, but it is still a good way to make money. Sometimes, there are not that many customer queries, so the work is not as intense.
Your duties will include answering customer questions on social media and live website chat. Responding to emails is also quite common. Finally, there are some businesses that will require you to be on phone duty and answer phone calls.
Method #5 – Virtual Assistant
Not every entrepreneur manages to finish their work on time. Therefore, they hire a virtual assistant who can take care of less important tasks. Having a pair of helping hands is a good approach if you have the money and can afford a VA.
Look for virtual assistant gigs on social media groups and freelancer platforms. As for the work, it will come down to what your employer asks you to do. Some people need an assistant who can research simple topics and gather information. Others look for someone who has Photoshop skills and can edit photos.
It depends on your skills. The more you know, the higher the odds of finding a good VA gig. Also, keep in mind that besides making money, you will also gain valuable experience and expand your network of connections that might come in handy in the future.
Method #6 – Online Education
Creating and selling online courses on platforms like Skillshare and Udemy is another decent opportunity to make money on the internet.
You do not have to possess an educational background to succeed with this idea. Sure, that would help, but the important thing is finding a topic and compiling the information into an easy-to-digest course.
Method #7 – Streaming on Twitch TV
You do not have to become a top streamer on Twitch TV to make a decent income. No, having a few thousand regular viewers is good enough not to worry about financial woes.
Donations, subscriptions, sponsorship deals, and even something like a YouTube channel where you post stream highlights are available methods to monetize your Twitch TV content.