Have the thought of making money online ever crossed your mind? Trust me, this is a thing. Being online doesn’t always have to be all fun…okay, it can be fun but you can still make money while having fun being online. There is absolutely nothing wrong about it. Whether you are currently employed or not, this is an idea you can subscribe to; because nobody is tired of making some extra cash. Today, I will be discussing some of the different mediums in which you can explore to make money online.
- Becoming A YouTube
Statistically, there are over 1.9 billion users on YouTube; that’s right, 1.9 billion users. Off course, there are people feeding these users with engaging contents on YouTube, they are called YouTubers. You can be one too, you just have an idea of what type of contents you want to be sharing on your channel and what you’ll like to be known for – the options to explore are endless, you can decide to review movies/games/music/football on your channel, dish out cooking tips regularly, teach arts, teach people how to rock the latest dance moves etc. Whatever the case may be, you have to pick something you are convenient with, capable of doing and also marketable.
This Big question now is, how to do you make money on YouTube:
- With Google AdSense: Have you ever been watching a clip on a YouTube channel and an ad pops up? Yep, those ads are like sponsored posts by Google AdSense which at being activated by the YouTubers themselves. The more engagements attained from viewing the ads, the richer the YouTubers become; because they get a commission per click. Cool money right? All that is needed to be done is to open a Google AdSense account and activating it by going to YouTube monetization page ad clicking “Enable my account “ link.
- By Sponsorship: One sure thing is brands are always on the lookout for web influencers to give their brand a voice and get more audience; one way of doing that is by taking advantage of the subscribers on the YouTuber’s channel. This comes with a price, as the YouTuber earn from every sponsored post they put up on their channel.
It is important to emphasize the need of growing your channel by constantly uploading quality contents, the more subscribers and engagements you have got on it, the higher your chances of getting highly ranked on Google Ranking and also the more likely brands become interested in doing business with you.
- Affiliate Marketing
In this case, all you have to do is market a product(s) and you get commissioned for every engagement that is actualized. The common way in which affiliate marketing is done online is via blogging; brands collaborate with bloggers to put up a link to their products on a post and for each leads actualized via that medium, the blogger gets compensated with a commission.
This is one common and reliable way bloggers make money online. However, you should endeavor to appropriately place your advert links in a way that it correlates with the content it is being attached to; that way, it doesn’t look like you are trying too hard.
- Selling Physical Products Online
Recently, most people are more convenient with shopping online as it saves time and stress. You just need a physical product to sell; it could be clothes, shoes, gadgets etc. Once you have your product, you could either set up an online shop on an E-commerce site like Shopify – which is quite easy to set up by the way – or you sell by using some social media platforms like Instagram – since Instagram is more visuals-oriented, it is easier to market and sell products on here. Whatever the case may be, you are controlling your business behind the screens of your computers and gadgets.
Selling online has proved advantageous because you get to reach a wider audience to sell your products and it is cost-effective as in most cases, you pay almost nothing to keep your online shop running – unlike with physical shops where you have to pay rent.
In this case, you are offering your services to be paid measurably for. It is an age and time where people take time management seriously and they would rather outsource the job than go through the rigors of doing it themselves; also Quality Assurance could be a reason why people subscribe to this idea.
The services could be, Graphic Design, Content writing, Web Design, Data Entry etc. You will be amazed at how much these services are being sourced for.
One medium that is a leveler between the freelancers and the outsourcers are freelancing websites, the reputable ones being: Fiverr, Freelancer, PeoplePerHour etc. The freelance websites simply thrive by charging a commission from both parties for every successful deal between a freelancer and an outsourcer.
So, you just have to get a Laptop or A phone, Sign Up with any of the aforementioned freelancing websites, offer value and make some money within the comfort of your space.
- Online Coaching Or Selling Digital Products
Another way to make money as a skilled professional is by passing down knowledge and getting paid for it. You can decide to produce a digital product, which can be in form of an e-book to sell online. These e-books are basically instructive texts that satisfy the needs of a select few, it could on a topic like 50 intercontinental recipes, How to Dress, How to Boost your Social media presence, How to make money via Social media etc. Whatever the case may be, just make sure the content is what paying for.
Or you could teach all these in online groups like Facebook groups, WhatsApp groups, Telegram. You earn by restricting entry and ensuring every member pay a token to be part of it.
This group idea is more appealing as the members get to question the admins one-on-one on the things about the book that was unclear.
Attaining financial freedom is a possibility, you just have exhausted the viable options of making money available – Trust me, they are mostly online. I hope you found this article helpful in that regard.