Updated: Oct 13
In 2020, making money doesn't necessarily mean waking up and heading to an 8 to 5 job. You can make money right from the comfort of your sofas. All you need is a computer, a smartphone, and an internet connection. There are several ways of making money online, but the list I am going to share today is of five methods that have been proven to do this quickly.
Let's dig in
How To Make Money Online
1. Affiliate Marketing
This is by far one of the most reliable ways of making money online. It is used by YouTubers, bloggers, and website owners. Affiliate marketing involves partnering with brands within your content niche and then sharing some of these products within your content in the form of links. When someone reading your content clicks that link and buys the product, you are paid a commission which is a percentage of the price for that product. It is one of the easiest ways for a startup blog to earn money. Shareasale is among the best affiliate programs you can get online. Click the link below to join.
2. Consulting / Teaching
If you are an expert in a particular field, you can create a website that offers consulting services. For the start, you may offer some packages for free so that you attract many clients to your services. The best way to build such a website is through having a blog in it that you can use to create content related to your field of expertise. The importance of the blog is to bring traffic to the website that you can later sell your consulting services to. You can use sites such as thinkific and proprofs to create and sell your online courses.
3. Offer Freelance Services
If you are a skilled video editor, writer, programmer, or any other skill, you can sell your services on freelance platforms like Upwork and Fiverr. Even if you are not an expert at any of those skills, you can get started and then polish up along the way. There are other platforms besides Upwork and Fiverr that can also give you a platform to sell yourself. Some of these include PeoplePerHour, freelancer.com, etc.
4. Sponsored Posts on Social Media
There are some popular bloggers that earn up to $20,000 (per post) by simply posting sponsored posts of their Twitter, Instagram, Facebook, and other social media apps. So, if you build a reputation within your niche, brands can contact you with requests of helping them market their products through your social media platforms. The best way to do this is by first building a blog or YouTube channel first. When you start getting huge traffic on your blog or YouTube channel, it will be easier to convince brands that posting their products on any of your platforms will be of help to them.
5. Create a YouTube Channel
YouTube is one of the assured ways of earning online if you can create great content that people love. There are those 5-star YouTubers who make millions of dollars per year out of YouTube. This money is not only from what YouTube pays for views, but these Youtubers also earn from sponsored product reviews, affiliate links they add in their descriptions, and many other ways. All you need is to create content that will attract traffic, acquire at least 1,000 subscribers, and over 4,000 watch hours then you can start having ads on your posted videos.
That is all folks.
It does take hard work, time, and dedication to earn good money online, but if you keep at it you will achieve your goal.
What do you think about my list? If there is any method I left out kindly leave a comment.
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