With the high cost of living in certain countries and the need to have extra cash in the pocket, people are looking for ways of making money online. These are not get rich quick ideas but they are definitely ideas that one can try in oder to have multiple streams on income.
1. Affiliate Marketing
Affiliate marketing is the process by which one earns a commission by promoting another person or company’s products. Commissions can be earned through the sale of a product or through PPC (pay per click). There are lots of affiliate programs online that one can sign up and join to get started. Once one has been approved, they are given custom links that they can share on the website or social media. Those links van be tracked and if one of your followers makes a purchase through your link, you’ll earn an agreed upon commission. The following are 9 different affiliates programs that one can join are:
2. Freelancing
Freelancing is when a person earns extra money by providing services to multiple individuals or companies. The freelancer earns money by doing tasks and odd jobs for a short or long period of time. The freelancer uses his skills and expertise to work with individuals.
Freelancers use different platforms to showcase their skills to potential clients so that they can be recruited for work or better known as gigs. These sites provide freelancer with the opportunity to do a variety of jobs such as, data entry, programming, design, accounting, business proposals, proof-reading and a whole lot more. Freelancer get paid upon the completion of tasks.
The following are 9 platforms where one can register and be on their way to get gigs and earn extra money:
3. Dropshipping
Dropshipping is an online concept that permits stores to sell products without keeping any actual stores. the retailer offers the item to the client, then gives the business request to an outsider provider, who then transports the request straight forwardly to the client for the benefit of the retailer.
Dropshipping has a low barrier of entry thus it has become one of the most common online business ideas that one can start and earn extra income. Dropshipping has been a supporter of the omnipresence of internet business, as it permitted numerous players to immerse markets with specialty contributions.
The platforms where you can start your dropshipping business are:
4. Dropservicing
Drop servicing is a high-profit business model in which a company sells services to clients, then hires freelancers or agencies to complete the work. Essentially, the delivery service company acts as a liaison, the main point of contact for its customers, while its freelance or agency partners work behind the scenes.
The company makes profit by selling its services for a certain price and then hiring someone else to do it for a lower price thus making its the profit. Drop-servicing is the modern day middle-man except that the business is mainly done online.
Drop-servicing is one of the best online businesses that one can start since it has low overhead costs. It can be done part-time or full-time. The following are categories that one can drop-service:
- Web Design
- Social Media Marketing
- Programming
- Video Editing
- Resume Writing
- Voiceover
- Content creation.
5. Blogging
A blog is a regularly updated website or web page, typically one run by an individual or small group, that is written in an informal or conversational style. An individual who runs the blog is known a s a blogger. When blogging started it was a way of people sharing their thoughts and ideas. Now it has exploded and people share ideas so that they can make money online.
Bloggers concentrate on a niche which they promote on their site. Blogging is closely linked with affiliate marketing in the sense that bloggers will promote products and services in their niche thereby sharing links to the products and earning an income or commission in the process.
In order for one to start blogging, they need a website. This can be done through the use of a content management system (CMS). Once a website has been setup, the blogger can start producing articles to promote content on their site. The CMS platforms that you can build a website on are:
6. Online Tutoring
Online tutoring is the form of teaching over the internet. Online tutoring can either be done one or one or tutoring more than one individual at the same time. Online tutoring is a fast-growing business in the educational sector.
Online tutoring started as a side hustle but over the last few years it has become a main source of income for many individuals. Its relatively easy for one to become an online tutor since there are so many different subjects and topics that one can tutor.
The requirements for online tutoring are usually just that student and tutor both have internet connection with sufficient bandwidth and a device that’s able to receive or deliver the online lesson. Online tutors have the option of joining one or more of the following platforms to begin their online careers.
7. Apps and Website Testing
One can get paid by testing website and apps online. A user tester will test the functionality of a website or an app and get paid after giving a review of the app. Developers are keen on opinions about their products before they are released into the market. Selected individuals have the opportunity to test the app or website and give reviews on how good or bad it is and where it can be tweaked.
In order to get started one needs a smartphone or a computer, microphone, webcam and a reliable internet connection. App testing is almost the same as completing online surveys. The main difference is that instead of answering a series of questions about products, you’re testing out an app to enhance its functionality, usability, and design.
If you are interested in app and website testing, you can join these sites.
Thx.