Since the pandemic has begun, there has been a great amount of shift towards to online earning. This is mainly attributed to the economic regress in many countries since the start of coronavirus pandemic. Many companies down-sized greatly and in that process tens of thousands of people lost their jobs. These people belonged to various professional backgrounds such managers, skilled workers, teachers, pharmacists, daily wagers working on big projects etc. Many of them had college degrees, some with diplomas, some were certified skilled workers.
Within the few first months, most of the professional world saw many changes in the environment. The most dominant change was the inclusion of internet powered services. Companies started to hold virtual meetings online; many new video meeting apps and websites were developed. People started to buy grocery online and had it delivered to their doorsteps.
In a nutshell, with so many people losing their jobs and the mounting economic crisis, it is imperative to look for alternate income resources. Like everything else, earning online has also become rather easy and can be done through many different ways. In this article, you get to learn about 5 different ways you can earn online.
1. Stock Photography & Videography
If you have a DSLR camera or a decent mobile camera preferably 13 MP or above, it is time to start taking some pictures. There are websites on which you get to upload and sell your photos, videos and illustrations. The earning varies for each category. Every company in this business have their own earning structure. Some of the most popular companies in this category are Shutterstock, Pond5, Alamy and iStock. Even if your photography skills are not that great but you are passionate about the idea then you can learn about it online and gain necessary skills by practice.
Visit their websites to learn of the terms and conditions and the respective earning breakdown.
2. Sell Your Skills
Are you a video editor? Can you write fiction? Can you proof-read a piece of work? If you have a skill that you think is marketable then head over to Fiverr or Upwork and make your profile enlisting your skills. Clients come over there and they hire you for your offered gig after thoroughly reviewing you. After you have delivered your services, you get paid and Fiverr or Upwork earn a commission from it. It can take some time to get your first gig as many people are reluctant to hire a newbie. Keep your price reasonable and over time your hiring chances will increase. The main categories that Fiverr is offering now are as follows:
Graphics & Design
Digital Marketing
Writing & Translation
Video & Animation
Music & Audio
Programming & Tech
Business
Lifestyle
There are multiple sub-categories in each of the main category. Select the best option based on your skill set. Read their terms and conditions and payment methods before you apply.
3. Blogging
If you have good knowledge or are an expert in a certain niche say cooking, electronics, sports reviews, books reviews then you may want to consider consolidating all that knowledge on a blog or website. There are services that allow you to make your blog for free such as Blogger. This particular website is an example of free website on Blogger. Making blogs/websites on Blogger is very easy and a non-technical person can do it to. Besides, there are many video tutorials out there for Blogger too.
There are many paid hosting services too. Bluehost is one of the most popular in that category. Making a website is the first step in this process. The second step is to add content that you are passionate about and have great marketable knowledge about it. There are many ways to monetize your blog, the most common is to get approved by an advertising agency such as Google AdSense. Not everyone is approved but only those who fulfill their eligibility criteria. Once approved, ads will start showing up on your website/blog and you will start earning based on your traffic amount, source of traffic, type of advert displayed etc.
Note that this method is a time taking journey towards monetization. But once approved, you can grow over time if you keep posting fresh high value content and keep following rules laid out by the advertising agency.
4. YouTube
Content creators on YouTube can avail the opportunity of monetizing their content provided that they stick to rules and regulations laid out by Google AdSense. If you make a channel that is compliant with their policy and have garnered 4000 watch-hours in last 12 months and 1k subscribers then you may apply for their YouTube Partner Program (YPP). After reviewing your application, they will decide whether you should be approved or not. Once approved, you will start earning money by placing ads on your videos.
AdSense offers a variety of ad formats for your videos such skippable ads, non-skippable ads, bumper ads and overlay ads. Choose the one that suits you. For more information, visit their website.
5. Selling On Amazon or eBay
If you happen to make a product yourself or own a shop selling products, then you can think about expanding your business and partnering with Amazon, eBay or AliExpress. A lot of people had to abandon their shops in the beginning of covid-19 due to lockdowns being imposed in almost every country. With their shops closed, no sales for weeks, they were unable to pay their rents and had to reluctantly abandon their shops. This gave boom to online shopping and a lot of sellers and buyers rushed to online shopping platforms for their needs.
Selling on an online platform also helps you to save your rent especially if you are going with a startup and are not sure about your potential revenue. Online shopping platforms take a cut from your revenue in exchange for providing you their services. You get to keep majority of your incoming. Visit their websites for in-depth insights into their services and revenue sharing structure.
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