11 Proven Ways to Make Money Online
# 1. Become a Freelancer
If you are a programmer, designer or marketer, you can find paid online jobs in India. But you have to be patient and willing to learn more if you want to earn money from online jobs.
There are two skills you need to have to become a good freelancer. One is your key skill, and the second skill, it is very essential that you have good knowledge and experience about marketing. If you are not a good marketer or salesperson, get help from an experienced marketer to make your profile. You need to have excellent communication skills to get customers.
# 2. Learn Stock Market Trading
You don’t need any money to start working as a good freelancer. But to start your career as a stock trader you need some money. You can make money online by stock trading if you know how to pick the right stock. To start stock trading business you need demat and trading account.
I have to tell you ahead of time that you can lose money in stock trading. It is good to start with less money before starting stock trading. Before that devote more time to learn the basics of stock trading. Keep ahead in this business by understanding or knowing all the ins and outs of stock trading.
# 3. Become a consultant or advisor
You can sell your advice and knowledge to many people. To be a consultant or teacher, you don’t need to be a super expert in a domain, you need to be better than your student or client.
I have acquired content marketing skills by working with many start-ups. Sometimes I got success and sometimes failure. With every failure I learned something new in content marketing. Now people also call me content marketing expert.
I help them prepare a content marketing plan. By running good marketing campaigns they get more business.
Anyone with key competitive skills can become a consultant. And can find customers online. For example, if you are a legal or finance professional, you can create your own website and start attracting clients online.
You can monetize your existing skills. Learn new skills or techniques to make money online.
Don’t expect to make quick money without any skills in these matters.
It is possible to learn online skills in a few months if you put in the effort. I am saying this again.
# 4. Make money online from YouTube
You might not know that people are making millions from YouTube. Again don’t think this is an easy task. But anyone can earn a lot of money from YouTube if you know how to record and upload videos on a specific topic.
There are two types of YouTube channels that people mostly upload on YouTube. There are a lot of people who make funny and entertaining videos. Their target is mostly for those who love fun and entertainment. Upload it on YouTube and count money in lakhs. And secondly, most people earn money by making videos that are more helpful to a better audience i.e. Students, Mothers, Housewives, Tech Geeks.
# 5. Make money from Facebook, Instagram
There is no limit to the amount of publicity and money you can earn through Instagram, Facebook and Twitter. Number of social media fans is an asset for such people. Most of them are in the field of entertainment. People related to fashion and entertainment domains can monetize their Instagram pages. You may have noticed the fan base of many movie actors or actresses on social networking sites like Instagram, Twitter, Facebook etc. And you can imagine how valuable they can be to any company that wants to advertise on such pages.
# 6. Buy and sell domains
You may not know but having good viewership or traffic can rent your website. One can learn this method of online income while working with client in real estate domain. Here someone instead of building his own website from scratch, rented a website from someone who already had a lot of traffic, was very popular and connected with people interested in buying a home in the local area. Later monetization is now a history.
Another was not interested in buying his own website. So he asked to rent someone else’s website for a few months. He collected details of buyers by displaying his properties for sale on someone else’s website. He exited the website after selling his real estate inventory. The trick he did here was that he rented someone else’s “property sale” website for a period of time to sell his real estate and sold his properties to someone else.
Isn’t it interesting? We used to think that we can only rent visible offices and houses for the rest of our lives.
Another option is to sell your domain if you have a good SEO score (Domain Authority) or if you have a domain with a special name. Bought my favorite social media scheduling company, Buffer.com, for several hundred thousand dollars. Similarly, you can buy expired domains and sell them at a higher price to people who need them. Honestly, domain trading business is tricky and you need to be an expert to get started. Otherwise, you may lose money.
But, if you already have a domain and are not using it, you can try selling on marketplaces like Flippa.com.
You will also learn how to make money from domain sales as you start working on your online business.
# 7. Income from Writing Work
I never thought I would be a writer. I first started writing for my blog. I became a better writer by writing and writing for the blog. Today, most of my businesses are based on my writing skills.
I learned that to be good at any job, you don’t need formal education for that job.
If you want to write, start writing. There are many experts and consulting companies available online who are willing to teach you how to write good copy.
You wouldn’t believe how many companies are looking for great writers. But finding good writers is difficult. If you write very well on any topics you are familiar with then you can be their next choice. A good writer can earn Rs 2,000 to Rs 20,000 per article of 2000 words.
# 8. Start blogging to earn money online
You can earn money from your writing skills in two ways.
Write to someone who referred you and earn money instantly
Write for yourself and earn money slowly, but steadily
That’s the difference between freelancing and owning a business. Your blog can become your online business. It takes time to attract and grow your audience. But once you start monetizing your blog, your blog will be generating money even while you sleep.
Using simple Google Adsense you can embed ads in your blogs and earn money with Google. You earn money every time someone clicks on such ads.
# 9. Make money with affiliate marketing
Starting affiliate marketing is similar to running a retail store. Sign up for affiliate marketing with big organizations like Amazon and Flipkart. You sign up with the retailer. Promote your favorite products on your website and social media to earn money. Use affiliate marketing links of your organizations liberally in articles promoting those products. If someone is inspired by your article and buys the products you mentioned through those organizations, you can comfortably get a small percentage of the commission directly deposited into your bank account.
I am discussing affiliate marketing as a separate option because it is compatible with any type of online business. In some situations it doesn’t matter if people don’t have a website, but can make money through affiliate marketing.
# 10. Start Product Startup
That is the most beautiful and profitable way to run an online business. I failed two startups. But success has been achieved in content marketing. You may not know how these startups help online businesses grow in the beginning.
You have to work hard to make a product that customers want to buy. The whole process of starting a product company, hiring a team, selling the product is very exciting. Take interest in such businesses only if you have complete information about it.
There is a huge market in the personal finance space. You can start a company or blog to provide loans to people with low credit scores. Or a credit limit can be provided to people with high credit scores.
# 11. Open a Digital Store (Shopify, Woo-Commerce or Marketplace)
You must have certain products in mind to sell in an online store – be it electronics, designer jewellery or cosmetics.
You should start your business keeping these in mind:
Turning your idea into monetization
Setting up shop
Collecting products and
Finding and attracting customers
Time for Action
I will keep writing information through blogging. But there is no use until you take concrete action. People are afraid of startup failure. And they hesitate to start it.
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