From freelance blogging to becoming an entrepreneur, there are plenty of business ideas you can try from home. All you need is a laptop and an internet connection.
Let us explore 5 proven ways to make money online:
1. Dropshipping
Let us start with one of the most well-known online strategies. As indicated by Google Trends, dropshipping’s prominence is consistently expanding, showing its attainability as a method for making money online.
If you are new to dropshipping, it is a business model where you list products online and collect payment from customers. Once you receive orders, you then place the order with your supplier and they will handle the shipping. The best thing about drop shipping is you do not need to hold any stock. You can add as many items as you want to your online store.
2. Become a YouTuber
Starting a YouTube channel is another popular way of making money online. To start a YouTube channel. first, you need to find a niche. It can be tutorials, game streaming, comedy, product reviews or any other topic your audience might be interested in.
Once you have identified your niche, you can start making content for your audience to watch. Use catchy titles to attract viewers to click on your content. When you have hit 1,000 subscribers and 4,000 watch hours, you can start monetising your channel with YouTube Partner Program.
3. Write an eBook
It has never been easier to distribute an eBook using the Amazon Kindle Direct Publishing self-publishing platform. All you need to do is compose an eBook, publish, and distribute it. Keep in mind that writing eBooks are not going to make you rich, but it will create additional and recurring income for you.
You can reduce the amount of labour you have to put into an eBook by hiring a writer and a graphic designer to help you put it together. Do keyword research to find out Amazon’s most popular searches. This will help you find the terms people use when searching to come up with your eBook title.
In the beginning, you can give away your eBook for free to stay on top in the search results and gain some reviews. This will help you rank higher for paid listings. From there onwards you may start selling your eBook.
4. Writing
Freelance writing has been around for the longest time and remains one of the most popular and proven ways to earn money online. You can start by writing on various platforms such as platforms like Medium, Publish0x and Marketing In Asia.
Emphasise keywords when you start writing. As you grow, extend into other relevant categories. You can make money in many ways such as including affiliate links (include a disclaimer), referral links and placing ads (only on your own blog). You can earn money from sponsors to write product reviews.
5. Freelancing
You can start freelancing by taking your current 9-to-5 job and work in your spare time. You can be a writer, graphic designer, teacher, or developer. All you need to do is find out what service you can offer to other people and promote it online. Some of the well-known freelancing platforms online are Fiverr, Freelancer, and Upwork.
Conclusion
Making money online is very much possible with sheer determination, patience and a lot of hard work. Just like a traditional job, there are no shortcuts to become successful in making money online.