How to make money online

 

How to make money online

Tips for earning on the internet

In today’s ever-growing digital and online age, the possibilities of earning some extra money online (or in some cases even an entire income online) are expansive. Whether you have a few spare hours a week or want the majority of your work to be carried out virtually, there are opportunities to fit almost every skill set.

Here, we outline some of the easiest and most effective ways to make money on the internet.

How to start earning money online

Set up your own shop

The great thing about the internet is that starting a business is now at the fingertips of anyone who has a little free time. Setting up a shop on Etsy, Shopify or eBay is quick and easy to do. You can sell anything, from paintings to jewelry to everything in between. Selling your own products is a great side job to earn a little extra, and done successfully, could grow into something bigger.

Become a freelancer

If the 9-to-5 office life isn’t for you then the freedom of freelancing might appeal. The opportunity to choose your hours and work from wherever you are just two of the appeals of undertaking freelance work. If you are a writer, designer, video editor, developer or more, then you can market these skills online and find customers who will pay you for them.

Freelancing is a great way to take your current skill set and utilize it online. There are many sites dedicated to freelancers looking for work, including Fiverr, which allows freelancers to market themselves to potential clients. Other similar sites including Upwork and Toptal are also great places to start advertising your services and find work.

Set up an online class

Have a passion for dancing? An affinity for knitting? A love of yoga? Why not set up a class dedicated to that interest and charge people to attend virtually. Think about the skills and hobbies you already have to offer that others may be interested in. Using platforms like Zoom, Microsoft Teams or Skype is an easy and inexpensive way to offer tutorials online. Additionally, If you advertise your classes through social media, your outgoing costs will be virtually zero, making your profits higher.

Become an online tutor

If you have the skills and qualifications, online tutors are generally in high demand and can earn between $25-$50 per hour, depending on the subject and previous experience. Science and math tutors are some of the most in demand, but English teachers are also well sought after as foreign students often look for native speakers to lead their lessons. This is the beauty of online tutoring — you can teach students worldwide.

Usually, you will need to have or be working toward a degree in the subject you wish to teach or a closely related subject. Online tutoring does not generally require a qualified teacher status, which makes it a great part-time job for students or graduates looking to earn a little extra income. The best place to start online tutoring is by signing up with an expert organization such as Superprof or Smarthinking, which can help match tutors with suitable students.

Start a YouTube channel

YouTubers and social media influencers are undoubtedly some of the biggest celebrities of today’s society, and there is always an opportunity to make money on YouTube (proven by 9-year-old Ryan Kaji, who was YouTube’s highest earner of last year, raking in $29.5 million in 2020 alone).

Revenue on YouTube generally comes from views and advertising — in short, the more views your videos get, the more money you can earn. The YouTube space is, however, becoming saturated with people who understand the earning potential of it, so the more creative and unique your channel is, the better chance you have of standing out from the crowd and making some money.

Complete online surveys

Signing up to complete surveys online is perhaps one of the quickest and easiest methods of making money on the internet. Gaining customer feedback and insight is highly valued by companies, so they pay for your opinions. Each survey generally pays between $1-$5, so it’s unlikely that you’ll become a millionaire by filling out surveys, but you can still earn a little extra each week simply by answering some questions. Some survey sites pay you via PayPal while others offer gift cards or vouchers for sites such as Amazon, so if you find yourself with a spare half hour, it’s worth your time.

One thing to be wary of are scam sites that may try to sell your personal data. For reliable sites to get started with, check out Swagbucks or Valued Opinions.

Heather Roy is a writer for BestReviews. BestReviews is a product review company with a singular mission: to help simplify your purchasing decisions and save you time and money.