Making money has arguably become more complicated. Changes in the workplace due to COVID have made for “interesting times”. Sometimes creative thinking has been required to stay afloat, as people tried to “Social Distance”.
The only thing constant in life is change. Those who adapt quickest thrive, those who adapt slowly survive, those who don’t adapt at all are relegated to the lowest levels of existence, poverty and misery. The key to success is to adapt quickly… it will put you at the head of the pack.
Tim McMahon
The internet has allowed more people to work from home. Those who have been able to adapt to this fast-paced digital world have seen their prospects improved. As more businesses turn to remote working, the world wide web is becoming an even more significant focal point in the global marketplace.
Your best hope today is to make money online. Below you will find some creative tips to help you get started.
The 3 Major Ways to Make Money Online
There are only 3 major categories of things to sell online. It really is that simple:
- Sell a Service
- Sell a Product
- Sell information
Although the following video says How to Make Money Online “as a Teen” the ideas presented will work for anyone.
Make Money Online Selling What You Know
Starting with the third category i.e. selling information.
Lots of people use the internet as a research tool. If you can add to the encyclopedic nature of the online world, you may be able to profit from it.
For instance, you could create ‘How To’ videos on social media platforms. Build your audience, and eventually allow advertisers to integrate themselves into your content. You could be an online advisor on any topics that interest you, such as business, sports, or even movies and video games. Moreover, you could publish paid reviews, provide freelance blogging services, or start your own podcast for a price. Your knowledge sells.
You could also turn to your other talents. If you frequently make your own goods, you may be able to sell them on online marketplaces. If you love to create your own clothes or artwork, you may be able to ship off your creations all around the world from the comfort of your own home.
Create a Dropshipping Business
The second category– selling a product.
Dropshipping businesses allow you to sell products online that you do not store or ship yourself. Instead, once you make a sale, you purchase the item from a third-party supplier who ships the item directly to the customer.
Dropshipping businesses effectively operate as online middlemen who raise the prices of a supplier’s goods to make money. In doing this, you would also be an advertiser of sorts.
Still, things are not quite simple as they sound, and you will need a robust approach to make all of this come together. Read Paxful’s guide on how to start a dropshipping business, which covers what accounts and platforms you will need to engage with and what products and payment processes to implement. Follow their guidance closely to better your chances of success.
The best product to get started dropshipping is some sort of gadget with a “wow factor” preferably one that would be difficult to find in a local store. A good way to locate hot trending items is to go to Shopinspect.com and you can search for products that are currently trending and already creating a buzz and then you can advertise them and sell them too. Simply create a shopify store and start advertising on Facebook.
Selling a Service Online
One of the best services to sell is Advertising. If you have enough followers on YouTube, Instagram or Snapchat you can place ads on your feed and generate revenue. If you don’t have followers you can still sell your services as a “Digital Marketer” by creating and placing ads for other companies and tracking their performance.
Social media marketers create content for companies like Wendy’s, Pepsi, or even small local companies. So if you can create intriguing content you can create a buzz for these companies and they will pay you to do it.
If you enjoy creating websites you can sell that service as well.
You might also like:
- 5 Ways to Boost Your Career in Digital Marketing
- Creating a Personal Brand for Your Success
- How to Get a Job with No Experience
- Turning Unemployment to Success
- 6 Ways You Can Reset Your Career
- How to Turn Losing a Job Into Gaining Your Own Business
- 4 Types of Business You Can Easily Start on Your Own
- Hopeful Entrepreneur: Starting Your Own Business With Limited Funds
- Three Ways You Can Market Your Freelance Business
- 5 Success Strategies to Get Your Small Business the Attention It Needs
- Consider Becoming a Social Media Influencer
