In today's era of digitization everyone has access to Internet and social media platform attracting a lot of user base for branding a product . Earning money online is not that difficult task as it sounds, You just need to have that extra skills than other people to stand out of the crowd and earn money online.
Every individual should have an secondary source of income as a backup for their future. Many people choose to do a full time job on Internet where as some choose it for secondary income. Time and patience in online earning are the two important key factors to keep in mind.
Your online business or product many take time to reach the Costumers so you need to have patience and just be consistent in your work.
So lets start with the first online earning source that is :
YouTube Channel
Today YouTube is attracting more than 40% of the whole Internet traffic. Making it the most used application by every single individual. There are tonnes of YouTube channel for every other topic and niches.
If you have a special skill that make you stand apart from the common people around you, and if you want to share that knowledge with other people than this source of income can be a good choice for you.
Due to the change in YouTube policy you must have atleast 4000 hours of watch time on your videos and 1000 subscribers in 1 year. If you fulfill this criteria your AdSense account will be enabled and you can place advertisements on your videos. When a viewer views your advertisement you will earn some revenue.
Patience is a must here. As you achieve a good amount of subscribers then your journey can be little simplified. You get a bonus here , You get famous over the Internet !
Blogging
Blogging is yet another trending source of income in 2019 and will be in trend forever. There is ample of information available on the Internet, but still not everything is available there. There must be some knowledge or skill with you that is not known to common people. So you can share it with people by making a blog website . If you are shy to camera and don't want to be in camera and lack self confidence then this could be your ideal way of online income.
A beginner can start with the free blogger website and can upgrade to wordpress in future if needed.
A little investment is required here for a domain . Anyways you can get free domains from several websites.
Search Engine Optimization (SEO) is required here to rank your website on the first page of google.
After you post some articles and a good amount of traffic is viewing your blog then you can apply for AdSense account through which you can place advertisements in your websites and earn revenue.
Affiliate
Today affiliate marketing industry is rising tremendously. Affiliate marketing basically means if a website like amazon is selling a product and if you have a large audience base on your social media account then you can advertise their product to your audience and make them buy that product with you affiliate link. As soon as the person buys the product from your link you will get some amount of commission in your account.There are many affiliate programs one of them is Amazon affiliate program. here you can login with your amazon account and if you have a Website or YouTube channel you can register them on the program and get an approval for the affiliate program. As soon as you get the approval you can get the affiliate link of any product you want and place the interactive link on your website or YouTube channel .
Drop Shipping
Drop shipping is another trending online source of income. The best part here is you don't have to do any shipping or any other traditional drop shipping part of job. You just have to create you store online. As soon as you create your store you can place products from the available list and change the price as per your needs. There are many website to create your online stores like Shop101, Shopify , etc.
These websites have large variety of products with them. You just have to create your store and place the product design your store attractively so that a large user base is attracted to your store. You don't have to do any single task of shipping and packaging. everything will be done by the corresponding website. As a product will be purchased from your store you will get some amount of commission of the product and some amount of commission has to be paid to the corresponding website.
Freelancing
If you have a certain skill like graphic designing , coding, app development or any other skill and you don't want to work for a cooperate job then freelancing could be your ideal choice for online earning.
There are many freelancing websites over the Internet where a large amount of clients require people for doing there job.
For eg: A client requires a web developer so he would be searching for one online.
One of the website where you can start with is www.freelancer.com. Here you have to sign up and create your portfolio . Make your portfolio as good as you can. Once someone likes your portfolio he/she would contact you for doing their particular job and provide money for the same. You can do bargaining in order to increase the amount. As you do more and more task your portfolio becomes more valuable and your price for doing a task also increases and as a result you get the best clients.
In the start you have to have patience in order to get clients.
Stock and Forex
If you have great knowledge about stocks and Foreign exchange then this is the thing you can opt for. You can buy stocks and Foreign exchange when the price is low and sell it when the price rises. This needs constant observation of when stocks and Foreign exchange rises or falls.
A good strategy can make you even millionaire through this, the risk chances are also high due to uncertain rise or fall in the value. I suggest do not opt this if you don't have any knowledge about Foreign exchange and stock market.
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