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The internet is filled with opportunities and innovative ways to earn money. You can earn thousands of dollars from the comfort of your home.
However, in this sea of options, it is quite easy to get lost. This is why today we’ll discuss how you can earn money online through various means.
5 Basic Means to Earn Money Online
According to the Economic Report of US Households, nearly 30% of the population has moved to online gigs since the start of 2021. This is mainly due to the benefits online gigs bring to the table.
Here are 5 tested methods you can use to get yourself a high-earning online income stream. Let’s check them out.
When you hear the words ‘online work’, your mind immediately jumps to freelancing and you are not wrong about it.
About 80% of online gigs fall under the freelancing category one way or the other. People advertise their skills to anyone who is willing to pay the right penny.
What are some examples of freelance work?
Graphic designing, content writing, and proofreading are some well-known examples of freelancing. Mainly because nearly all of the online material consists of these three.
You can earn more than $2000 per month depending on your skills. People are always looking for graphic designers and content writers for their websites.
How do I find work?
That is the easy part. You can look on websites like Fiverr and UpWork to find numerous opportunities. In some situations, you can even find long-term high-paying projects.
The key is to always keep looking.
Moreover, you’ll get more experience than a job as time goes on. This is because you’ll get to interact with all sorts of businesses and individuals.
2. App and Website Testing
Developers always have an initial testing phase before they launch their website or app on the market. This helps them fish out minor and major bugs.
Since it is humanly impossible to find out every bug in a small subset. Such developers are always looking for people to test their apps in the alpha and beta phases.
How much can I earn from it?
There is no upper or lower limit on earnings you can get from testing apps and websites. It depends on the reputation of the developers.
A highly reputable brand can even pay hundreds of dollars for a single testing phase.
For example, on a website like UserTesting.com, you can earn $10 to $50 for small 20-minute testing phases. Whereas, for video conferences, you can get up to $120 easily.
Do I need to have any past experience in a specific field?
This is the neat part about the app and web testing. You don’t need any prerequisite expertise. You only provide your insight as a user and customer.
This enables brands to tailor-cut their products for better performance and compatibility with users.
3. Take Online Surveys
In the past, focus groups were the main source for brands to gather information from customers/users. Currently, in the online era, it has taken the form of surveys.
Just like focus groups, you can get paid to take these online surveys about various issues or ideas.
Interesting Fact: Brands like Samsung and Apple gather 60% of performance reviews from online surveys.
Where can I sign up for these surveys?
When it comes to online surveys, the range of earnings is determined by your ability to quickly assess and deliver. Some people even earn $2000 just from surveys alone.
How legit is this method?
People often pass off online surveys as scams or shady activities. In reality, the case is quite opposite. The major names are completely legit because they are funded by major brands.
The brands include the likes of Coca-Cola, Pepsi, Samsung, and Apple. Moreover, it also includes websites like Amazon, YouTube, and Reddit.
4. Online Course Creation
For a rather serious line of work, you can choose to become an online course creator. It pays well and has a lot of room for growth in the long run.
People are always looking for academic and technical courses to learn from.
Instead of looking at quick guides, the majority prefer an elaborate explanation of a topic in an organized manner.
How can I create an online course?
The development of an online course has multiple research steps which revolve around your target audience. Here’s our complete guide on Online Course Creation.
In this guide, you can find all the answers to your questions. It contains a step-by-step introduction to development all the way to the selling phase.
How much profit can I make from online courses?
Since the majority of online courses are private, the price tag of your courses depends on the quality of the content. Higher quality means a higher price tag.
For example, you can sell a course related to Python coding for $100 to $200 easily.
On the high end, you can sell a single course for hundreds of dollars. The best part about it is that you can target a much wider audience as time goes on.
5. List for Airbnb
You can list free space in your house or apartment for Airbnb. Currently, in the US, around 20% of the residents are registered on Airbnb.
It works like a rent-a-house service but for a couple of days. You can set days and even hours for availability to earn a substantial income.
Interesting Fact: Airbnb has all sorts of unique places in the US. It includes yachts, frozen igloos, and even private islands.
Does it involve scams?
Airbnb makes sure that the interaction between two users is organic and free of any illegal activities. You have to provide extensive detail about your whereabouts and background.
Similarly, on the other end, the person looking to rent your house space has to provide his/her detailed background as well.
Earning money online has never been easier. With the availability of the internet at your fingertips, the limitation is your imagination. You can turn almost any skill into a high-paying income stream.
This brings us to the end of our post on 5 ways to earn money online.
We hope you can use this information to your advantage and start a successful earning stream.