If you were to tell someone 25 or 30 years ago that making money online is a real prospect, they would probably laugh you off as someone who should get their feet on the ground and start doing some real work. Truth is that making a living online nowadays is both viable and getting extremely popular. Millions of people are doing it every day.
So what exactly can you do? Options are plenty – from starting a business to just selling your items on the web and everything else in between. Chances are, you will be making more than what you are getting in your 9 to 5 job. In this article we will showcase our best picks for doing just that.
We start things off with one of the most popular ways to make a living on the web. Affiliate marketing has had its ups and downs throughout the years, but it continues to be one of the most stable ways to make money online. What it boils down to is promoting other brands in exchange for some kind of reimbursement.
If you are marketing-savvy, you should definitely try this out. Most often you will earn a commission from sales of retail products, services, apps, etc. The best part is that you are not tied to just one brand, you can work with multiple. So while commissions might seem small at first glance, keep the above in mind.
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Why not take your current 9 to 5 job and do it online? Yes, it is a possibility, one that many freelancers employ. This option does not require you to learn a completely new set of skills, just using your existing ones in a different setting, i.e. finding clients online.
To start, you would need to build your portfolio. Start off modest, do some work for small to mid-tier clients to build a strong portfolio that enables you to reach out to big clients. Additionally, there is a mile-long list of websites that require freelance work of different sorts. Perfect for building that portfolio and filling in between big jobs.
We strongly suggest you start with general freelance sites like Upwork, Fiverr or Freelancer. There are a lot of opportunities there to get you going and even some big clients as well. You can do freelance work with other skills you have as well, not just your job.
Investing in stocks is another great money-making option, one that can garner you quick rewards. If you have an affinity for this kind of stuff and know your way around economics, money and markets, then the potential ceiling of such an endeavour is rather high.
However, investing in stocks is a high-risk, high-reward kind of gig. Inexperience here can quickly and easily lead to substantial monetary losses or a loss of a job. This type of online-money making should only be practised by knowledgeable individuals, preferably with experience in the field. Many people assume that investing is easy, but fail to recognize the constant changes and need for monitoring of your portfolio.
Should you still want to invest, but are not the type of person to know anything about stocks, there are yet ways to make this happen. You can choose to work with a broker in exchange for a commission. Your money is still working for you in a way.
Everyone has probably read somewhere about a dropshipping success story. There is proof enough that this is a viable and popular method to make money online. Google Trends also suggests that dropshipping’s popularity is still increasing. So this begs the question – what is all the fuss about here? What is dropshipping and how can people make money off it?
Essentially, this is a business model, where you as the seller do not store, package, nor ship to the customer. The order is forwarder via your digital store to the supplier, who in turn does all the heavy lifting. It is a highly competitive field and many guides are readily available.
To get people to visit your online store, you would have to implement some type of marketing strategies – Facebook ads, directly messaging potential clients, banners, influencers promoting your store (granted you know some or can afford the services of one), etc.
Games of chance can yield you great rewards and monetary gains. Though the term “games of chance” is spot on, there is still a surprising amount of strategies and statistics involved in order to make a correct decision and get the win. Other perks, like MrQ bonus codes, can further extend your chances.
Sports fans can also indulge in this activity, as their connection and knowledge of their favourite sports can grant them valuable insight as to the outcome of a specific game. This might sound like a niche-type method to make money online, but in reality it is rather prevalent.