Our forefathers could never imagine that we could sit in our home and have innumerable ways to earn. Thanks to the upsurge of internet, people today can think of ways to earn money online.
Who doesn’t like free online money making opportunity? It can help you to get rid of debt, pay your child’s expensive school fee, or may well be a replacement for your current job.
With the advent of the internet, money making has become more comfortable, especially if you know the right places to encash your abilities. On the way, make sure to not entangle yourself in frauds or scams.
In this article, we have listed 11 ways to earn money online in 2019. As a bonus, we have added some other ways that can help you make money with no money or little money.
1. Start an Online Business
You can start a local shop and tap the local audience to earn money. But if you start an online business, you get the benefit of scale – your audience is no longer limited to a specific locality or even a particular country.
Begin with studying the market and judge what will sell best. A market is a meeting point of buyers who needs a solution to problems with sellers looking to sell the answer to that problem.
To understand what will sell best, you need to do proper research. Visit various forums and understand what problems people are suffering from and if the solutions are scarce. If there are ample solutions to a particular issue, you will have a hard time to establish yourself in that sector.
After ascertaining the problem, look for your potential competitors. See what they have on offer and how you can make something better than the competitor’s product. Then sit down and create products that sell.
Promoting your products is as essential as creating your product. Without promotion, nothing sells. Look at the Smartphone Division of Sony – they create great products, but those don’t sell because of limited marketing.
For selling, you can choose to build your website or use platforms like Amazon or Alibaba. Amazon and Alibaba offer excellent facilities to sellers and buyers alike, and you get the benefit of their years of experience and expertise.
Building your platform has its perks. You can customize it as per your taste and be a direct seller with no middlemen.
2. Take Online Surveys
Taking online surveys for money is one of the easiest ways to earn some additional income online. You can make some quick cash by spending a few minutes to answer some general questions.
Most of the surveys are conducted by brands who are on the hunt to understand their potential customers better. These surveys are a medium for you to voice your opinion about a particular product or service or brand.
If you hunt for sites that offer online surveys, you will get hundreds of them. But let me tell you the truth to you, most of them are either scams or pay too little to justify the time spent by you.
We suggest you have a look at Swagbucks, Toluna, and OnePoll. These sites offer good payouts for your efforts and are trusted all over the world. If you are lucky, you may also get a sign-up bonus on these portals.
They also offer you the choice to redeem your money in the form of Amazon vouchers, PayPal payments, or via other options.
3. Teach Online
If you have a good grip on any language or a particular subject, you can consider teaching online. You can follow this gig part-time or full-time and it is a way to earn substantial money online.
Before you commence this gig just because it seems lucrative to you, know that not everyone is an excellent teacher. You should only go forward if you are confident about your teaching skills and believe that people are going to come to learn from you.
Various surveys clearly show that the popularity of online courses is on the rise. More and more people prefer online classes even though the institution is in the same city.
As per a survey by Babson Survey Research Group, people opting for distance education is on an all-time high and is expected to increase yearly. It doesn’t come as a surprise when we look at the scale at which digitization is taking place.
You can choose your portal to commence the gig or choose from various portals as your medium. We recommend choosing from Udemy, Coursera, or Lynda. These portals provide you excellent back-end support, and you won’t go wrong if you want either of them.
4. Become a Freelancer
If you have a good skill set, freelancing your services is a proven way to earn money online. Decide a niche or a service that you want to specialize in and commence your freelancing journey.
There are multiple platforms all over the internet that you can register on to allow prospective customers to reach you. You can also pitch in for various gigs that you find yourself capable of performing.
Platforms like Fiverr, Upwork, Truelancer, and so many portals welcome individuals or groups who want to work in a freelance state. You can also create a LinkedIn profile which mentions the services you think people are willing to pay for the experience.
After creating the requisite profiles on various sites, you must create some relevant samples that showcase your abilities. It will help you to win prospective customers. Most well-established brands don’t prefer working with a rookie.
Becoming a freelancer is a tedious task. You don’t just have a handful of competitors that you must be wary of; you are competing on an international basis. It merely means that you must be amongst the best if not the best to survive.
5. Invest with a Robo-advisor
The Digital Age has given life to ideas that we could have never imagined. How many of you ever thought that a machine would make investments on your behalf? The number will be paltry, for sure. But the truth is, it is happening.
Robo-advisors are digital platforms that provide their users with automated, machine-driven financial planning services. It is dependent on various algorithms that are conducted to give you the most accurate predictions possible. Robo-advisors a
Even though they can generate more accurate reports, they charge only a fraction of what human advisors do. You no longer need to shell out those hefty commissions anymore. Robo-advisors are capable of complex tasks such as investment planning, retirement planning, and so much more.
There are a handful of genuinely good robo-advisors in the market, such as Betterment, Wealthfront, and Acorns. The charges are very reasonable, and you will have no qualms in paying as the benefit you receive is much more.
6. Rent on Airbnb
Are you a traveler and face issues with regards to accommodation when you travel? What is the best way to solve it? The simplest solution is to let the travelers be a part of your family when they go to your homeland.
Renting on Airbnb has become immensely popular due to its nature and also as a source of earning. Living in one-star or two-star hotels is a shabby experience all over the world and living in four-star or higher will decimate the travel budgets of most travelers.
It means that travelers are increasingly inclined towards finding a home away from home, and Airbnb is what they need. It allows you to earn some extra bucks without spending too much.
Airbnb allows you to list free, and you can choose the rates depending on various factors. You must include like space, cost of accommodation locally, cleaning costs, utility bills, and others. It charges a small percentage as Host Fee.
Before you allow your first customer, make sure you have kept your valuables securely, and you keep an eye on them. You can also look for reviews from previous hosts to understand what you can expect.
Airbnb is excellent provided you keep all the sundries under check.
7. Solve Captchas
Captcha solving is one of the easiest ways to earn some extra money online. All you need is the right eye and fast hands. Captchas are human verification tests used by most websites to ensure that bots do not become a part of their website.
There are occasions when a large company needs hundreds of sign up on a particular website for their work purposes. As machines are unable to solve these captchas, they hire human beings for this job.
They use software to create accounts on the website, and when they come across captchas, they send the image of it over to the solver. Your work is to take minimum time to type the exact characters, and your accuracy should be maximum.
Solving captchas can fetch you up to $1.5 for every 1000 word images. You can register yourself on various sites that provide this work opportunity and make nearly $300 every month sitting at your home.
8. Sell Your Photos
Are you a photographer and has a knack of clicking worthy images? If the answer is in the affirmative, various sites are looking for talents like you and are willing to pay $100 or more for every image you submit.
Most of such sites let you list your images for free. They only charge when the license sells. Say if the license sells for $200, you will get $150 or less depending on the terms and conditions of the portal.
Some sites pay you up to 85% of the license fee but charge an annual or monthly payment as a subscription from you. Nevertheless, it is an excellent opportunity for you to earn from your hobby.
To begin, you can register on sites like 500px Prime, Shutterstock, or any other that you find feasible. You must read their T&C before you decide to list your first image. Some of these websites have different packages which allow for different exposure of your pictures.
So why are you still waiting? Bring out the shutterbug in you and let it shine!
9. Be a Virtual Assistant
Never heard of the term ‘Virtual Assistant’? A virtual assistant is the one who assists business remotely. He is capable of providing almost everything that an assistant present at the location can. These are most popular amongst organizations which run online businesses but do not want more people in their locations.
You can either start a virtual assistant business and earn around $25 per hour or be an individual virtual assistant and earn about $15 per hour. The types vary too; you can either provide a particular service or a host of services. it is a great way to make money online.
When you commence, zero on the service/s, you are willing to provide first. After that, look at the competition and decide how much you will charge for your services. A virtual assistant works on an hourly basis, and the payment is on the same basis as well.
You can also create your profiles on various popular sites like Upwork, LinkedIn, Twitter, and others. It will allow others to reach you by looking at your credentials. It will also let you pitch to various potential customers to inform them about your capabilities.
10. Start a YouTube Channel
YouTube is a thriving platform which has seen massive growth over the last few years. It is a legitimate way to make money online. If you believe that your content is powerful enough to drive people to your channel, you must start a YouTube channel ASAP!
The content can be regarding anything, be it about Keys or Helmets. If there is enough demand for a particular niche, look no further for a platform to showcase your abilities.
Before you begin, remember that you will have fierce competition. You will have to evolve consistently to stay ahead of the curve. You must do thorough research to understand who your audience is and what people may watch.
The style must be unique to you and make sure to not copy from others. If you care about longevity, make sure to keep up the quality and cater to your customers adequately. Good things take time to happen, so be patient and don’t lose your head if you are not getting enough subscribers.
11. Earn with Affiliate Marketing
Affiliate Marketing is a great way to earn money online, especially if you have a generous amount of traffic who love to read or listen to whatever you say. It is a service through which you recommend certain products to your readers.
The readers will buy the products from the links that you provide them, and you will get a commission for every such purchase. Affiliate Marketing is another way to earn anything ranging from a few dollars to hundreds of dollars online annually.
Like any other similar gig, you must choose a particular you want to work around. You must then find relevant keywords/topics that will drive traffic to your articles/videos. Creating content is not where your duties end; you must promote them enough to let the world know that they exist.
There are several popular online portals which offer a significant commission on affiliate purchases like Amazon, SEMrush, Overstock and other. All you need is to register on their portals and understand how they operate.
The Last Sip
If the above ideas didn’t find a place in your heart, it is not the end of the world. There are innumerable other ways in which you can earn money online. We have also added certain bonus gigs which you may find as a way to earn money online.
You can narrate audiobooks, buy and sell websites on Flippa or even deal in domains. If you love to test products, portals like uTest allow its subscribers to test software or a part of it. You are also entitled to a reasonable remuneration if you succeed in what they ask you to do.
Even if you search for a lifetime, you won’t be able to cover the whole internet (you may experience the entire world though!). Such is its size and reach. If you are not one of those who love to take the tried and tested methods, you can find your way to generate money online. No one is going to stop you from succeeding!
If you loved what you just read, head over to my article on Planning Early Retirement by Frugal Living now.