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Do you want to utilise your skills to earn money online? Then you are in the right place. The online world provides us a plethora of opportunities to earn money. You just need the right skill, knowledge and the ability to work hard. Also, here we will discuss only the genuine ways, not fake scams. By judging your skillset and choosing the proper way, you can earn a good amount of money online. Now let us discuss the ways one by one.
Freelancing
Freelancing is one of the most popular ways of earning money online. If you have any particular skill like coding, graphic designing, writing, etc. you can freelance to earn money. Now a days, there are many online freelancing platforms like Fiverr and Upwork which helps freelancers find clients. If you do not want to use these platforms, then you can also use your own website to find clients by showcasing your portfolio and doing proper SEO. Also, you can utilise various social media platforms like Facebook, Instagram or LinkedIn to find clients. You can also use paid advertising to bring in clients. There are various advertising tools like Google Ads, Facebook Advertising, etc. You can do various freelance work. Some are mentioned below:
Consulting
Consulting is similar to freelancing in terms of the medium used i.e. you can use social media, your own website or any platform to provide consulting services. For consulting, you need extensive knowledge and expertise over any area or field. Then you can help others by suggesting them proper ways of doing their work, and in return, you charge a consultation fee. Most consultants have their own portfolio website so that a trust is built among clients and also to bring in more clients through word-of-mouth of existing clients.
Graphic Designing
Graphic Designers have always been in demand since the dawn of the digital era. Any digital representation of a person, company or a brand requires the work of a graphic designer. Be it logo designing, UI designing, branding, the work of a graphic designer always stays at high demand. If you have designing skills, you can utilise it to earn a good amount of money online. Graphic design freelancers earn a good amount of money through their hard work for their clients. You also need a good designing software like Adobe InDesign, Figma, etc for designing purposes. Find the software which suits your needs the best.
Web Developing
If you have good coding skills, you can earn money by developing websites and apps for your clients. Every company now a days need a website and every startup has a product in the form of an app. You need to target the clients with these kind of needs and can develop for them and earn a good income. In fact, in recent times, many developers have turned to self employment by becoming web developer freelancers rather than working for some company, as in this profession, your income is limited by only your ability to work hard. Web developing can be a lucrative opportunity to earn money online. If you are an aspiring web developer, I suggest you to read this article to get a clearer picture of the programming language to choose.
These are some of the freelancing work that you may pursue. Apart from these, there are many other opportunities for people with other skills like writing, singing, musical instruments,etc.
Blogging
Blogging is one another way to earn money online. Many successful bloggers have earned handsome amounts through their blogs. In order to earn money from blogging, you have two ways-
1. To write blog posts on someone else’s blog and get paid and
2. Write blog posts on your own blog
Which one to choose depends upon your own choice. But the first option falls more under the category of freelancing rather than blogging. So when we talk about blogging, we generally mean writing blog posts on your own blog.
Now to start blogging, you need to have a blog. You need to purchase a domain name and set up a blog. For that you need to choose the blogging platform. This article might help you in this.
Now, there are various ways to monetise a blog, some popular ways are through advertisements using Ad networks like Google Adsense, manual advertisements, affiliate programs, etc. Any type of monetisation will need your blog to have a decent amount of traffic, otherwise, nothing will result in revenue.
Dropshipping
Dropshipping is a business model where you sell items to customers whose inventory you don’t store. You create a storefront, where you need to bring in customers, customers purchase your items and the orders are sent to the dropshipping provider, who in turn ships the products to your customers on your behalf.
In this business model, your entire effort lies in the marketing of your storefront. Let us discuss the pros and cons of this business model.
PROS | CONS |
✅ Easy to set up ✅ No need to hold inventory ✅ Various products to sell ✅ Need your focus only on marketing of the storefront | ❌ No control over inventory may sometimes give rise to problems ❌ No control over quality of the product ❌ Scaling the business is hard ❌ Order fulfilment issues often arise |
A proper management of the cons can help you set up a successful dropshipping business. Many successful brands started as dropshipping brands and later became full fledged brands.
Video Creator
If you are a video creator, then you can easily create a YouTube channel or an Instagram business account to build an audience. After you build decent audience for you content, you can monetise it using Adsense, paid partnerships, collabs, etc. Many YouTubers have build a brand of their channels by posting long form and short form content.
To become a video creator, you can start with minimum equipment, i.e. a decent camera, which is now a days found in most smartphones. After your content becomes popular and revenue start to flow in, you can invest in expensive equipment like a good camera, or a high end editing software.
Selling digital products
Selling digital products is yet another way to make money online. Digital products can be anything digital which has some value like e-books, online courses, photographs, software, etc. If you have the skill and knowledge, you can write an e-book, create an online course or create a software and sell them to customers. Of course, the process isn’t as easy as it seems. It is hard to convince people to buy products. You need to ensure that the quality of your product is top notch.
To sell these items, you can either create your own website and sell them using some e-commerce plugin like WooCommerce or use Shopify to easily set up an e-commerce store. Apart from these, there are also product specific platforms for you to sell your digital products. The way you choose depends upon you and your preference.
So, these are some genuine ways to earn money online. Hope you find it helpful. Kindly share it with others. Thanks for reading!