The pandemic compelled many companies to ask their employees to work from home to stop the spread of the virus. Over a year after the health crisis started, the work-from-home arrangements of these companies will be around for a long time.
For some people, working at home gave them a lot of time that they can use for a side hustle to make extra money. Some even started a business online that gave them the option of resigning from their main job since they were earning a lot from the business.
You may be wondering how to earn money online. Several options are available, including working as a freelancer or starting an e-commerce site. These options can be your supplemental income source that can become your main source of income in the future.
Table of Contents
Work as a Freelancer
The first thing you can do is to work as an online freelancer. If you have a skill that allows you to work remotely, you can use it to apply for an online freelance job. These skills include graphic design, copywriting, or programming. There are a lot of online freelancing platforms listing hundreds or thousands of jobs for different online skills.
Working as an online freelancer only requires a computer, a stable internet connection, and skills suitable for the job. Some jobs even allow you to work anytime as long as you complete the task given by the client.
Set Up an Online Business
Setting up an e-commerce site has also become popular during the pandemic. Most of these e-commerce stores were mainly for stores that had to close their physical locations due to the health crisis. But you can also set up your own online business and offer products that you make at home.
Another option is dropshipping, which is a retail fulfillment method where you do not keep an inventory of the items you are selling. Instead, you market products, take the orders of customers, and have the supplier ship the product directly to the customer. In dropshipping, you focus on setting up the website and promoting the products. Your supplier takes care of shipping the customers. It is cost effective since you do not need to buy the products and keep an inventory before you sell them.
Start an Affiliate Marketing Site
If you are a copywriter, you can use your skills in affiliate marketing. Affiliate marketing is an inexpensive way to make money online since you do not need to offer products or services on the website. Instead, you promote the products and services of other companies and earn a commission from them.
It is similar to dropshipping, but you do not normally sell the products directly. Instead, you write an engaging article and provide links to the products or services offered by a company. You get credit for the same item or service using the affiliate tracking links you use on your blog or website.
To earn significant income from affiliate marketing, you should build your audience and work to increase incoming traffic to the website. The articles should also be engaging and convincing enough for people to click on your affiliate marketing links.
Publish a Book
You can also use your writing skills to write a book and publish it. You can write either a fiction or non-fiction book based on the skills you already have. You can also establish yourself as an authority in your field if you write and publish a book.
Some people prefer going through the motions of publishing a book the traditional way. But you can also opt to self-publish your book to avoid going through the hassle of traditional book publishing, which can become time consuming. Additionally, self-publishing also allows you to create an e-book that people can easily save on their mobile devices after they purchase it. E-books are also good sources of passive income, especially if you get good reviews for them and attract the attention of professionals in your field.
Take Surveys Online
Taking surveys is another easy way to earn money online. These survey sites were established by market research firms (MRFs) to check the pulse of the public about different products and services available in the market. But you should not expect a lot of money when you answer surveys. You will likely earn one dollar for every survey you answer. With this, you can only use this online opportunity as a source of extra cash rather than your main source of income.
Additionally, you should expect these MRFs to collect information from you so they can send surveys suitable to your profile.
Earning money online has been existing long before the pandemic started. It gives people the freedom to work anywhere as long as they have a computer and a stable internet connection.