Ways To make Money Online
1. Transcription
Whenever you see a video, on youtube or any other media platform, and it has captions underneath it that was created by a transcriber.
Whether it's in Korean, English or any language you can get paid to actually, transcribe videos.
How much can you make is up to you, as some companies pay you twelve dollars, some pay twenty and some even pay you up to a hundred, and fifty dollars per audio hour.
This means for every audio hour that you transcribe you get a hundred and fifty dollars. Now you can see how this can be very lucrative because its something that can be a great additional side income.
If you're not doing this right now I don't, know what to tell you you need to get on this because its something that anyone can do.
2. Freelancing
If you have a skill you can showcase it, monetize it and get paid.
For example, I, oftentimes get my thumbnails made by people web service sites.
Now I typically pay anywhere between five and seven, dollars for a thumbnail sometimes I buy in bulk and I pay $40.
Now, if you multiply five dollars by ten thumbnails or however many clients they have a lot of these arm thumbnail makers or graphic designers on Fiverr have thousands of clients you multiply five dollars by a thousand now you can see how this work can become lucrative for you. So graphic design freelancing is a great way to earn a solid income or even a full-time income online at home just using your laptop or your cell phone
I'm telling you sites like upwork are great ways to generate a little side hustle and make money online.
3. Dropshipping
Dropshipping is when you have a store such as a Shopify store or on your domain. Now you buy imports mainly from China or even America and you act as the middleman a customer comes to your store, they purchased a product you pay your vendor usually a lot less than what it costs.
You pay the vendor and then the vendor ships out the product to the customer, and you keep the profit, so you never have to touch a physical product. You don't even have to buy inventory, you don't have to do anything all you do is set up your store and allow the sales to roll in, and it is that simple.
It takes time to build up but I made my first sale within the first 24 hours and, it was for about fifty-seven dollars and it was all profit.
Dropshipping is a great way to make money with little investment. There are people making hundreds of thousands of dollars a month just by drop shipping.
4. Playing video games
Yes, there are apps out there that you can download on your phone where you get paid to play. Apps like swag bucks or inbox dollars which I use.
How much can you make?
That's all up to you depending on how determined are, you can earn anywhere between $12 an hour to $15 an hour literally to play video games.
I use inbox dollars online or just the ‘inbox dollars’ app. It takes a little bit more time to earn money as they usually start you off with $5.
You get paid through the mail by check or you can have a direct deposit or just collect your, money through PayPal.
With inbox dollars, you basically, have to watch videos and play video games and they send you money, it's that simple. It's an app I'm not affiliated with but I've used it to get swag bucks.
5. Create an online course
Now if you have a special skill or educational background and something that you're passionate about like, for example, I have a bachelor's in exercise science and a lot of knowledge of the body, kinesiology, physiology and how the body moves. That's part of my expertise so if you have a skill and either communicating or software design, SEO or anything else, you can create an online course. This is where passive income starts to come in because once you put the work up front you can just sit back and collect the sales.
By providing a lot of value to your clients you will boost your ratings and word of mouth will start to get out and that will bring in more people so you can make more money.
You can use a sales funnel to drive traffic with Facebook ads or Instagram ads to your site where you promote your course and you can sell your course and pretty much enjoy your life.
No skill is too small if you're good at something, it doesn't matter if you're good at making dolls you can monetize that and make a course on how to make dolls.
6. YouTube
So YouTube is another way to make money online of course now with the recent rule changes you do have to be eligible for monetization and I believe it's one thousand subscribers and four thousand hours of watch time to. That is the current requirement to becoming partner but once you become a partner you can advertise and have ads running on your videos which will make you money.
Now, this is a great way to make money online if you have a passion you can put your videos out there to add value to people, and in return, you get you to get money. You can then simply direct deposit or receive a check every few weeks.
How much money can, you make on YouTube?
It's up to you, how much do you want to work? I made nine thousand nine hundred and eighty-eight dollars. Now if a small YouTuber like me can do it I promise you you can do it too.
YouTube, is a great way to make money online if you have a passion for something and you like talking on camera or even if you don't want to show your face on camera.
I have a friend that makes twenty-three thousand dollars a month and he runs a hip hop channel and he never shows his face he just speaks and brings in twenty-three thousand dollars in Adsense per month
7. Affiliate marketing
What is affiliate marketing?
Affiliate marketing is advertising a product and referring customers to it. Once they buy you get a commission. Some companies offer 20% some offering 30%, and some offer as high as 75% commission so it's all up to you which company you choose to promote.
One thing I will say is that when promoting a product, you don't want to steer your people wrong, so always make sure you're promoting something you believe will benefit the customer.
The good thing about, affiliate marketing is that you don't, need to be a YouTuber you can just have it on Instagram you can have it on Facebook you can even text your link to somebody and if they buy something you make a commission. It's a great way to make money online so everybody wins.
8. Teaching
You can teach a language online on various foreign language websites. You can teach Chinese, French or English to people.
How much can you make with this?
Companies are paying $25 an hour, some are paying 30. I've even seen some paying $50 an hour for just sitting at home and talking to students in English.
If you have a few more hours throughout your day then you can make $25 an hour as opposed to going to a day job.
9. Company sponsorships
If you're a content creator of some sort, whether you make Pinterest stuff or YouTube or Instagram or whatever you can partner with companies that want to get their products out in front of people. It's a great way for you to network as well as introduce a product that you believe your audience will enjoy.
Again, everybody wins and the keyword for this is value.
How much can you make?
That's a tough one because I know people personally that have made $40,000 from one post.
I noticed people making $10,000 and people making $250,000. It's a very lucrative way to make money and to be honest maybe a full-time income.
You can get paid per post on IG and you can also get a commission on top of that if you pair those two together you can start to see how this can be a great way to make money.
Even if you have a blog you can advertise that company on your blog and make some great money.
10. Listening to music
There are websites like 'play this push' where you can make $12 per song just listening to music. The way this works is that new artists want their music to be reviewed so they put it on this website and they want people to give honest feedback and to review it.
If you do that you can earn up to 12 dollars per song simply listening to music.
If you listen to 10 songs an hour you can make some money just by listening to music.
11. Facebook
There is a new feature or rather a feature that's not being utilized a lot. It's their version of YouTube and it's called Facebook creator studio.
I have a friend that recently who has a YouTube channel he wasn't making a lot of money on Adsense from his channel he converted his footage to YouTube creator studio he made seven thousand dollars his first month he made like four thousand dollars his second month - all by transferring old content on YouTube to the Facebook creator studio.
So you better hop on that cuz it's going to get harder, so you hop on that so you can make good money doing this.
If you’d like to know how I personally make money online and what I recommend people get started with just check out my personal profile where I share that information in my bio.
So I hope you enjoyed this, and make sure to share this with anyone who might benefit from understanding the best ways to make money online in 2020. I appreciate you!