6 Best Ways To Earn Money Online 2020

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For many people, the prospect of being able to earn money online is still an alien idea. While there are millions who are making a living by working online.

An online job or series of gigs allows you to work from your home and often pick hours that suit you best, as long as you have a reliable laptop or computer and a decent internet connection.

And, working online is becoming more and more accessible with a series of work possibilities available and more businesses hiring remote, online freelancers to help them out with a huge range of different tasks and jobs.

When it comes to working online, you have several options. You could start your own business, make money from trading or selling, or work as a freelance contractor for clients. 

So, let’s look a few ideas about making money online by working from home.

01. Blogging

If you enjoy writing about your experiences and sharing them with the world, blogging could be an ideal way for you to make money online.

Getting started with your own blog is easier than ever; all you need to do is a hosting account and a domain name, and you can build your blog from pre-designed templates in minutes.

Carefully consider the niche of your blog; some niches tend to be more popular than others but it’s better to choose something that you’re passionate about as you’ll need to be prepared to spend a lot of time writing on this topic.

You can make money from blogging with affiliate links, pay-per-click advertising, or becoming an online influencer and working closely with different brands. 

How to Start a blog?

  • Select a blogging niche (automobile, lifestyle, health etc)
  • Select a hosting provider (Bluehost)
  • Select a domain name (domain.com)
  • Install WordPress
  • Install a theme and important plugins
  • Start writing your content

If you use hosting like Bluehost to host your site, you will get your domain name for free. So, you don’t have to pay $15 extra. Also, Bluehost comes with one-click WordPress installation, so you don’t need any technical knowledge to install WordPress.

Once your installation is ready, you can select a free or a paid theme (design of your site) install the important plugins such as an SEO plugin, cache plugin and other oiimportant plugins.

Now, you can start creating content on your blog. Once you have enough content, you can start promoting your blog to get the initial traffic by posting your content on social media platforms, forums etc.

02. eCommerce

Starting your own eCommerce store is becoming one of the easiest ways to make a living online and with online shopping booming, it can also be quite lucrative if you have the right products.

Starting your own eCommerce website is easier than ever; there are several platforms to choose from. Like we mentioned for blogging above, you can use WordPress to create your eCommerce site. If you don’t want to use WordPress, you can go for Shopify which is another popular choice for eCommerce sites.

Shopify

03. Day Trading

If you are interested in the stock market, you might want to consider the option of day trading for a living online. There are several platforms that you can use to get started with day trading; most will require you to have a minimum required capital of $25000, but you can get started with less although this will likely be a riskier endeavor.

The best way to get started is to learn from those who have done it before and pick up tips and advice from successful day traders so that you can put together a successful day trading strategy of your own. 

04. Become a Freelancer

If you are good at something. For example, you are good in creating graphics, logo designs, templates, images etc, You can create your profile on freelancing related sites and start selling your gigs.

There are a number of platforms these days to promote your services, you can start with platforms like Fiverr where you get access to a big community of professionals who might need your services.

Fiverr

05. Become a YouTuber

YouTube is big these days, there are YouTubers making millions every month. So, if you are good at creating videos and you can create engaging videos, then you are sure to get a lot of views on YouTube and eventually make a good amount of money.

Now, like Blogging, you will have to select a niche that you wish to create videos around. For example, if you are a car lover you can create a channel where you review all the upcoming cars and let users know in-depth knowledge about the car.

If you are not an expert in anything, why not create a general channel where you showcase your daily life, everything you do. Trust there is a big audience who like these kinds of videos.

YouTuber

06. Become a Personal Assistant

More and more businesses these days are turning to online freelancers or outsourcing to online business for a huge range of essential business services.

From sales and marketing to content creation and social media management, it’s often much cheaper and far more efficient for businesses to work with freelancers online, so there’s a huge amount of choice when it comes to what you can do.

So, you can become a personal assistant to anyone in your domain of expertise and work online.

You could offer your services to business clients for content writing, video production, social media management, graphic design, website development, client engagement, customer services, and much more. You can focus on one of these or work as a virtual assistant, where you’ll be responsible for handling a wide range of tasks. 

Final Word

There have never been so many options as there are today when it comes to making money online. You might decide to make some extra money online on the side to your regular job, or quit your job to make money online full-time; the choice is yours. 

About The Author

HobPost
HobPost
This article is written by a HobPost Staff Writer.

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