5 Recommended Ways to Make Money Online In (2021)
In this article, I will explain a step by step recommended guide on how you can make money online in 2021 (Case Study). Please I encourage you to read till the end to follow up with me right?……okay let go………WAIT a second before you’re thinking of ways of making money online I will like to introduce you to Payoneer. first
Payoneer is a financial service company founded in 2003. It provides USA, UK, AND EUROPE foreign bank accounts to its millions of customers all over the world.
It is a simple and cost-effective solution for getting paid by your international customers. And the good thing is “you can transfer money directly to your local bank account”
It is available in all the countries in the world, and is therefore a good alternative to PayPal. And did mention we’ll both get 25$ reward when you sign up with this link.
Alright Let’s get started:
The internet is more than a source of news and entertainment gossip. Today, tens of billions of dollars are being exchanged via a multitude of legitimate activities. More and more people are starting their own businesses on the internet and making money online. Some are even turning their online ventures into full-time internet businesses.
Are you ready to turn your passions into profits and start your own online business but not sure where to get started? Let’s take a look at five ways to make money online that won’t require a lot of time or cut into your regular routine. Think of these options as supplemental sources of income with the potential in some cases to be a whole lot more.
5 Recommended ways to make money Online in (2021)
1. Content Creation
2. Affiliate Marketing
4. Saars Services
1 Content Creation (What is Content Creation)
Let me shock you: you can’t make a dime online without content creation ( Trust me on this one).
Content creation is the contribution of information to any media and most especially to digital media for an end-user/audience in specific contexts it may be your online business niche..
Having said that: Content is “something that is to be expressed through some medium, as speech, writing or any of various arts”for self-expression, distribution, marketing and/or publication.
Typical forms of content creation include maintaining and updating web sites, blogging, article writing, photography, videography, online commentary, the maintenance of social media accounts, and editing and distribution of digital media.
For the purpose of this article we are going to discuss 3 important content creation as the “creation of the material people contribute to the online world” yess!.
Start Your Own Blog
One of the most popular ways to make money online is by starting your own blog just like this one you’re reading this article. You can start your blog around just about any topic that you’re passionate about, but you may want to consider choosing a profitable niche market if you intend to make money with your blog.
For a greater part of individuals, blog is an approach to communicate their perspectives, concerns or sharing their thoughts or information and earning through it. There are numerous instances of individuals acquiring a living from their websites as well as transforming them into gigantic organizations, similar to what the Huffington Post did.
How to Make money Through Blogging
However, there is nothing wrong with making some extra money through blogging and several simple methods exist for getting the ball rolling.
It should go without saying that in order to make money with a blog it’s best to start by choosing a profitable niche market; something where there is a proven marketplace that intersects with your own passions, interests, and expertise.
Once you’ve done that, it’s just a matter of getting website traffic, building your email subscriber list, and making money online. Let’s take a look at some of the fastest, easiest, and most profitable ways you can make money online with a blog.
Google AdSense, Media.net.,Propeller Ads., Amazon Native Shopping Ads., Adversal., Skimlinks, Monumetric., InfoLinks. And a lot more.
- Start Your Own Youtube Channel
Another way of making money online through content creation is youtube.
Based on research Youtube is the second most largest search Engine worldwide
YouTube is the Google-owned video network, boasts over a billion users, almost one-third of all people on the Internet and everyday people watch hundreds of millions of hours on YouTube and generate billions of views. On mobile alone, YouTube reaches more 18-34 and 18-49 year-olds than any cable network in the U.S.
What’s amazing, though, is that only 9% of small businesses in the U.S. are actively using YouTube, and my hunch is that figure would be pretty accurate worldwide, too.
You might have seen many people check over social media which they earned through their Youtube channels. Apart from one method of vlogging there are various other ways through which you can earn money via Youtube.
For instance, Through Youtube Partnership program, you can place Google ads on your youtube channel and videos and earn good money.
There are many ways through which you can Make Money on Youtube a part from partnership programs.
You can also sell different T-shirts, products, promote other brands and services, even you can sell your old furniture, all you need is consistency.
- Creating Your Own of E-books
The internet has changed so many things in our world. And that’s just a small taste of all the disruptions we’ve enjoyed thanks to the internet. One of the biggest disrupted industries and one of those that provides a great path to a solid making money online venture for an individual entrepreneur is in book publishing. Specifically, publishing and selling ebooks online.
You see, what the big publishing houses do with big offices of editors, writers, administrative staff and then big printing presses… then distribution centers to get their books out to bookstores around the country all to hopefully get books in the hands of customers… you can do on the computer you have right now. If that’s not massive disruption, I don’t know what
What Are Ebooks?
Digital books are, well, books. Be that as it may, in an organization where they can be conveyed or downloaded on the web. You can think of them yourself, utilize authors, utilize public space content, and make your digital books from numerous sources. Furthermore, pretty much any subject can be secured similarly to the same number of, if not more, than what a conventional distributor may deliver on the grounds that you can tailor your books to specialty markets. Travel guides, how-to manuals, riddle, sentiment, sci-fi, self improvement, innovation, religions… pretty much any subject is reasonable game as long as there is a market of prepared purchasers.
(Perhaps the most ideal approaches to check for is to examine the hit records on Amazon. Furthermore, the general rundown as well as the ones for classifications and subcategories.)
Likewise, you won’t need to depend on a proofreader or distributer revealing to you whether a book will be distributed. Also, you won’t need to depend on a book shop to put your book on its racks. You’re in finished control of the whole cycle.
Indeed, you will deal with everything yourself, including advertising and selling. Furthermore, that implies you get the opportunity to keep all the benefits. They’re nothing to sniffle at.
Independently published creators have had enormous achievement lately. Take Hugh Howey, who sold a progression of sci-fi books through Amazon’s Kindle Direct Publishing. At a certain point, he was selling 20,000 — 30,000 duplicates per month, which created $150,000 in pay month to month. Amanda Hocking, who states “paranormal sentiment” and dream books, has sold well in excess of 1,000,000 books on Amazon, producing over $2 million in deals. That is evidence that you can bring in cash independently by publishing on Amazon.
Let me show you how to build the same type of business.
Keep in mind that while Amazon.com is the most common way most people think of selling ebooks online, you can also sell your ebooks directly from your own website as well.
Starting an Ebook Business Where You Sell
As an ebook publisher, you have a few options available for selling your works.
You can set up your own website and sell your ebook directly online. You might make a PDF available to your readers for example. A simple shopping cart or PayPal link and you’re all set. A reader visits your site, they order, and they get a download link and get your book. It’s pretty much all automated, and you simply keep an eye on things to make sure the site is running smoothly.
The benefit of this is you control the entire process, get all of the customer information (so you can promote additional products, services, or books), and you can charge higher prices. You may find this surprising, but many ebooks sold directly on a website (especially if it’s on a focused topic) can sell for $40 or more which is double what a traditional print book would sell for.
One of the easiest ways to sell ebooks is to work through a third-party site like Amazon. You may have ordered products, even books, from Amazon in the past. But this is a whole different side to this massive e-commerce site.
The big benefit to working through Amazon Kindle Direct Publishing, even though they charge you a commission on your sales, is their reach. Around 89 million Americans are said to be active ebook readers. That’s your potential audience, all those people visiting this site and browsing for a new book. It could be your book they find when doing a search on a related keyword. In fact, 38 percent of daily sales of ebooks on Amazon go to self-published titles.
While you may not make as much money as you would selling directly on your own site, you’ll have the opportunity to reach an audience who you wouldn’t otherwise have access to.
The process of selling your ebook on Kindle is straightforward. You sign up, then upload your ebook. They take care of converting it to their proprietary format. Then you’re ready to sell and grow your business through Amazon.com.
Which of these options should you go with? I recommend doing both.
Put one (or two) of your books on Amazon and think of that as a traffic source… a way for new people to find you; and you get to make profits from the sales of the ebook. Use your Amazon ebooks to drive people back to your website and get them onto your email list.
The best way to do this is to include a free bonus offer inside your book and have them go back to your website to claim their bonus. In order to get access to the bonus, they have to opt-in and give you their email address.
Once you have them on your email list you can follow up with them and sell them additional ebooks from your own site, at a higher price point. Use the best of both worlds!
Where to Get Your Content – The First Step to Creating Your Bestseller
Believe it or not, you might already have most of an ebook written already. If you are already making money with a blog, those blog posts could be turned into an ebook with some editing. Simply collect relevant blog posts into an order that makes sense, make any needed edits so that references that aren’t relevant are taken out, and add an introduction and conclusion, and you’re done. Any blog posts you use should cover the same or related topics and work well together.
Although the information can be found for free throughout your site many people are willing to pay money to have it formally organized into something easier to consume, like an ebook.
Of course, that’s only one way to put together the content for your ebook. If you want to publish an original work of fiction or nonfiction something you write yourself fresh that is also a good option.
The key part, if you’re starting from scratch, is to work steadily towards your goals of finishing that book. Write something every day! Start with an outline and then fill it in.
You can also repurpose a book that is in the public domain. This means the copyright has expired and anybody can take the content of those books, and publish them, either updated or reworked in some way or as is. Did you see that book, Pride and Prejudice, and Zombies that came out a few years ago? That’s a great example of reworking a public domain book.
Marketing Your Ebooks
There’s a scandalous little tidbit in the conventional distributing world. Distributors generally don’t effectively showcase or advance by far most of the books they discharge. Just those from set up top rated creators get this consideration.
Be that as it may, as a digital book distributor, you will savor having this equivalent power over your showcasing and deals methodology. With all the choices accessible, you ought to have no issue figuring out how to get your book title(s) out into the world and catch the eye of expected pursuers.
I suggest a multichannel approach promoting from a few distinct points. One positive channel is web-based media. Influence your Facebook page, Twitter, LinkedIn contacts, and more to spread the news. At the point when the book is distributed, post it on Facebook with a connection back to your site with more data and an approach to arrange, for instance.
In any case, it’s insufficient to convey one declaration. You need to construct buzz around your digital book. Urge individuals to inform companions concerning your digital book and spread the word. Post content identified with your book. Make challenges. Do giveaways. Get innovative with your promotion.
You ought to likewise advance your book on your blog, get dynamic in gatherings identified with the subject your book is about and inform individuals concerning it, and in the event that you have an email list, make certain to advance it there as well.
Likewise, in case you’re selling your digital books on Amazon you can do paid advertisements straightforwardly on Amazon to elevate your books to a profoundly focused on crowd dependent on catchphrase searches and explicit items (like related books).
2. Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
How Does Affiliate Marketing Work?
Because affiliate marketing works by spreading the responsibilities of product marketing and creation across parties, it manages to leverage the abilities of a variety of individuals for a more effective marketing strategy while providing contributors with a share of the profit. To make this work, three different parties must be involved:
1. Seller and product creators.
2. The affiliate or advertiser.
3. The consumer.
Let’s delve into the complex relationship these three parties share to ensure affiliate marketing is a success.
1. Seller and product creators.
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant, product creator, or retailer with a product to market. The product can be a physical object, like household goods, or a service, like makeup tutorials.
Also known as the brand, the seller does not need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing.
For example, the seller could be an ecommerce merchant that started a dropshipping business and wants to reach a new audience by paying affiliate websites to promote their products. Or the seller could be a SaaS company that leverages affiliates to help sell their marketing software.
2. The affiliate or publisher.
Also known as a publisher, the affiliate can be either an individual or a company that markets the seller’s product in an appealing way to potential consumers. In other words, the affiliate promotes the product to persuade consumers that it is valuable or beneficial to them and convince them to purchase the product. If the consumer does end up buying the product, the affiliate receives a portion of the revenue made.
Affiliates often have a very specific audience to whom they market, generally adhering to that audience’s interests. This creates a defined niche or personal brand that helps the affiliate attract consumers who will be most likely to act on the promotion.
3. The consumer.
Whether the consumer knows it or not, they (and their purchases) are the drivers of affiliate marketing. Affiliates share these products with them on social media, blogs, and websites.
When consumers buy the product, the seller and the affiliate share the profits. Sometimes the affiliate will choose to be upfront with the consumer by disclosing that they are receiving commission for the sales they make. Other times the consumer may be completely oblivious to the affiliate marketing infrastructure behind their purchase.
Either way, they will rarely pay more for the product purchased through affiliate marketing; the affiliate’s share of the profit is included in the retail price. The consumer will complete the purchase process and receive the product as normal, unaffected by the affiliate marketing system in which they are a significant part.
How Do Affiliate Marketers Get Paid?
A quick and inexpensive method of making money without the hassle of actually selling a product, affiliate marketing has an undeniable draw for those looking to increase their income online. But how does an affiliate get paid after linking the seller to the consumer?
The consumer doesn’t always need to buy the product for the affiliate to get a kickback. Depending on the program, the affiliate’s contribution to the seller’s sales will be measured differently.
The affiliate may get paid in various ways:
1. Pay per sale.
This is the standard affiliate marketing structure. In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of the affiliate’s marketing strategies. In other words, the affiliate must actually get the investor to invest in the product before they are compensated.
2. Pay per lead.
A more complex system, pay per lead affiliate programs compensates the affiliate based on the conversion of leads. The affiliate must persuade the consumer to visit the merchant’s website and complete the desired action — whether it’s filling out a contact form, signing up for a trial of a product, subscribing to a newsletter, or downloading software or files.
3. Pay per click.
This program focuses on incentivizing the affiliate to redirect consumers from their marketing platform to the merchant’s website. This means the affiliate must engage the consumer to the extent that they will move from the affiliate’s site to the merchant’s site. The affiliate is paid based on the increase in web traffic.
How to Become A Successful Affiliate Marketer
1. Develop a rapport.
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product.
2. Make it personal.
There is no shortage of products you’ll be able to promote. You’ll have the ability to pick and choose products that you personally believe in, so make sure that your campaigns center around truly valuable products that consumers will enjoy. You’ll achieve an impressive conversion rate while simultaneously establishing the reliability of your personal brand.
You’ll also want to get really good at email outreach to work with other bloggers and influencers. Use a tool like ContactOut or Voila Norbert to gather people’s contact information and send personalized emails to garner guest blogging and affiliate opportunities.
3. Start reviewing products and services.
Focus on reviewing products and services that fall within your niche. Then, leveraging the rapport you have created with your audience and your stance as an expert, tell your readers why they would benefit from purchasing the product or service you are promoting. Almost anything sold online can be reviewed if there is an affiliate program – you can review physical products, digital software, or even services booked online, like ride-sharing or travel resort booking. It is especially effective to compare this product to others in the same category. Most importantly, make sure you are generating detailed, articulate content to improve conversions.
4. Use several sources.
Instead of focusing on just an email campaign, also spend time making money with a blog, reaching out to your audience on social media, and even looking into cross-channel promotions.
Test a variety of marketing strategies to see which one your audience responds to the most. Make frequent use of this technique.
For more information, you can check out this article on how to start a successful blog this year.
5. Choose campaigns with care.
No matter how good your marketing skills are, you’ll make less money on a bad product than you will on a valuable one. Take the time to study the demand for a product before promoting it. Make sure to research the seller with care before teaming up. Your time is worth a lot, and you want to be sure you’re spending it on a product that is profitable and a seller you can believe in.
6. Stay current with trends.
There is serious competition in the affiliate marketing sphere. You’ll want to make sure you stay on top of any new trends to ensure you remain competitive. Additionally, you’ll likely be able to benefit from at least a few of the new marketing techniques that are constantly being created. Be sure you’re keeping up to date on all these new strategies to guarantee that your conversion rates, and therefore revenue, will be as high as possible.
Top Affiliate Companies.
I’m going to share with you what I think of the top 11 affiliate networks that you can start with and find different items to promote.
- ClickBank: probably you’ve heard about it, Clickbank isn’t a product, it’s an affiliate network where you can find thousands of promotional products.
- MaxBounty Affiliate Network: is a world-leading performance-based CPA (cost-per-action) network that specializes in maximizing the ROI of both advertisers and affiliates.
- ShareASale: ShareASale has been in business for 20 years, exclusively as an Affiliate Marketing Network they also offer pay per lead affiliate.
- Amazon Associates: Amazon is one of the largest retailers in the world. In fact, in the U.S. alone, it’s responsible for nearly 40 percent of all online sales. And anyone can access a share of the retail giant’s profits all you need to do is have a website or social media presence and sign up for the Amazon affiliate program. Amazon’s affiliate program, also known as Amazon Associates, is an affiliate marketing program that allows users to monetize their websites, blogs or social media.
- eBay.com: This is a well known affiliate company worldwide, they offer good services to their partners.
- Shopify.com Empowering independent business owners everywhere Over 1,000,000 businesses in 175 countries around the world have made over $200 billion USD in sales using Shopify.
- Rakuten.com: Since our founding in 1997, Rakuten has helped shape the way people shop online, offering Cash Back, deals and shopping rewards on the world’s largest selection of products and services. To date, our 12 million members in the U.S. have earned over $1 billion in Cash Back at their favorite stores.
- Leadpages.com: Leadpages helps small businesses connect with an audience, collect leads, and close sales. Easily build websites, landing pages, pop-ups, alert bars, and beyond.
- Bluehost.com: Bluehost is a leading web hosting solutions company. Since our founding in 2003, Bluehost has continually innovated new ways to deliver on our mission: to empower people to fully harness the web. Based in Orem, Utah, we provide comprehensive tools to millions of users throughout the world so anyone, novice or pro, can get on the web and thrive with our web hosting packages.
- Hostinger.com: We provide a world class website hosting platform to over 29 million users in 178 countries. 15K new sign-ups on average every day – that’s 1 new client every 5 seconds! We have developed a powerful technology to help you learn, create and grow.
- WorriorPlus.com: Since 2006, WarriorPlus has brought together the leaders in online digital product creation and marketing. We’ve established a thriving and dynamic community where great minds share great products for greater success. We are committed to serving YOU and being a part of your journey to help others build their own profitable online business.
3. Start Your Own Freelancing Work
Freelancing is another method to make money online as a Beginner. This is something you should not miss out. Now blogging requires some kind of knowledge to share, plus, it requires English writing skills, which could be a no go for many of us around.
Whereas, freelancing is a bit different and that’s why it is being said that ‘Freelancing is a serious business. Although, it requires communication skills and fluent English speaking but it may land you some incredible opportunities when you get a chance to communicate with foreign clients across the globe via social networks, freelancing sites or skype.
What’s a freelancing Job?
Essentially, a freelance job is one where a person works for themselves, rather than for a company. While freelancers do take on contract work for companies and organizations, they are ultimately self-employed.
Freelancers are responsible for all sorts of things that traditional employees are not, such as setting their work hours, keeping track of time spent on different projects, billing clients, and paying their own employment and business taxes. Freelancers are not considered “employees” by the companies they work for, but rather “contractors.”
Work That a Freelancer Offer?
Nearly any kind of service provided to another business can be offered on a freelance basis. Some common freelance jobs include:
- Freelance writer
- Freelance Web Designer
- A freelance virtual assistant or virtual professional
- Freelance bookkeeper
- Marketing/PR services or social media manager
Requirements to Start A freelancing Work
To start freelance work, you need to have a skill you can offer to potential clients. Most people draw on their employment experience, offering services using the talents they already have. Along with a service, some things to consider putting together include:
- A business plan. While you may not be setting up an official home business, contact your city or county to determine if you need a business license to freelance.
- You will still need a plan that outlines what service you’ll provide, the market you’ll cater too, and marketing strategies.
A website that tells about you and your services, and includes a portfolio of your work, and testimonials.
- A LinkedIn profile. While all social media can be a great resource to network for freelance work, LinkedIn is an online resume located in a place where professionals connect. It’s also a great resource for finding freelance jobs.
- A dedicated business phone or cell phone number on which prospects can reach you.
- A business card.
- A menu of services and your freelance rates.
What skills should a digital marketing freelancer have?
Firstly, set your expectations right. Freelancers sometimes run in circles doing lots of stuff and multitasking like never before. It sometimes gets to situations where everything is chaos – there’s a half-written tweet, a few paragraphs of an article, some pieces of design left in the trash, a client meeting starting in 10min and there’s always something to catch up on. There’s a lot to learn in freelance marketing. You can become an expert in marketing by learning all types of skills or choose something to specialize in. Also, always keep an eye on marketing trends.
Some of us really hate emails, eblasts, and newsletters. And that’s why marketers have to learn the witchcraft of building the perfect newsletter, onboarding emails, outreach messages, or product updates. It’s a much-required skill. As an email marketing freelancer, you’ll highly improve your copywriting skills that will prove to be useful in other areas of your freelance job.
Some of the basics you need to learn are the following:
- Ask for willingness to receive emails (remember GDPR?)
- Find your perfect tool to work with (NinjaOutreach, Mailchimp, EmailOctopus, etc.)
- Master the perfect headline
- Write great copy for the email
- Make sure you have powerful CTA
- Always follow up (even up to 5 times, when doing outreach)
Content Marketing & SEO
If you’re a Jedi with words and you type with speed of light, then skip this part. Content marketing is everywhere. From billboards to Amazon products, articles, websites. It’s one of the most useful skills for any digital marketing freelancer in my opinion, as any of them should be able to create a great copy. Did you know that Welcome Emails have an 82.57% Open Rate? That’s your perfect chance to charm your users with the perfect sales pitch.
I recommend checking out this piece by Inc. to learn more about Content Marketing. If you want to go more in-depth, I suggest signing up for Planable Academy. Upgrade Your Content Marketing OS. You’ll learn from 20 experts who are on the frontlines of content creation and workflow management. In each of the 6 chapters, you’ll deep-dive into every step of the modern content workflow. In the end, you’ll get clear guidelines on what to do next. The best part? It’s free.
Also, you can use some SEO tools that could help you in this process such as Ahrefs, Semrush, Moz, Linkio.
You’ll also have to master what SEO means, how to build links with other blogs, rank on the first page of Google, optimize your website speed, and constantly outreach the website. It’s hard and constant work but pays a lot- min. 500$ / month.
I’m not a data geek myself, but in the world of digital marketing, you should measure everything. It’s one of the greatest things about this industry – data is everything. Ideally, your analytics approach should be divided into three steps – capture data, analyze, and interpret it. Taking data-driven decisions should be one of the most important pillars and values of each marketer.
With Google Analytics Academy you can learn analytics with free online courses, learn about Google’s measurement tools so that you can grow your clients’ business through intelligent data collection and analysis.
Additionally here’s a great piece by Link Humans – The Complete Guide to Analytics in Digital Marketing.
Facebook, Google Ads & Social Media
Facebook Ads Manager is amazing, but a lot of small businesses and brands find it very complicated. And that’s exactly where you come into the game. There are A LOT of brands looking for someone to manage their Ads and this is definitely not a full-time job.
I’d say it’s more about monitoring the Ads and making sure you constantly optimize them. Also, learn more about sentiment analysis to understand how to better optimize your ads.
I totally understand the fear of facing the dragon. The first time I looked at Ads Manager I saw it as a complicated puzzle, and I just started poking holes. After a bit of research, I understood where to start from, found the best tips, and then chose it as one of the main platforms for my marketing strategy.
You don’t have to pay for Udemy courses to learn how to do Ads – it’s all online. Creating good ads is actually the trick. In the learning process, I suggest you create a fake page, you put some cents into it and play around with all the ad formats available. There’s nothing like practice when developing a new skill.
You’ll have to master both the arts of design and copywriting, to understand who exactly is the audience you’re targeting, their desires, needs, problems, and how you solve them. You’ll have to learn to convert your audience to website visitors and then to paying customers. Facebook Blueprint is one of the best resources if you want to learn how to do ads. In case you’re looking to learn more about Google Ads, here’s a great resource
Where you can find the best freelance digital marketing jobs
Freelancer is not a typical employee in a company. They can easily choose from any variety of clients, depending on the budget and job required. Digital marketers working as freelancers provide their own conditions and consultancy on an independent basis. And a lot of them find their next client on one of the following platforms:
Make sure you have a great description on your profile, good profile picture, and a personalized message when looking to apply for a job. It will highly increase your chances.
Pros and Cons of Freelancing
Every job has pros and cons, and freelancing is no different. Being aware of challenges ahead can ensure you’re prepared and dealing with reality.
Pros of Freelancing
Having control over your workload, the clients you work with, and your income is a big benefit of freelancing. When you freelance, you’re in the driver’s seat. You determine what jobs to take on, which clients you want to work for, and your pay rate. Depending on your level of expertise, it could be possible to work part-time hours, but make full-time pay.
Flexibility and remote work are also a perk. Most of the time, working on freelance projects will involve working at your home office and working the hours you so choose. You’ll absolutely have deadlines to meet, but you will decide when and where you work.
Cons of Freelancing
With the ultimate in control, comes additional responsibilities. As a freelancer, you are a business owner, and you need to stay on top of taxes, invoices, payments received, finding your own health insurance, and buying every piece of software and technology you need to complete your work.
Feast or famine syndrome is another real downside to freelancing. Some months you’ll be full to the brim with work, while the next month may be a ghost town. You may be relying on a consistent contract with one client, only to find they don’t need you anymore suddenly. Freelancing requires good money management and constant sourcing of new clients.
Traits and Characteristics Needed as a Freelancer
There are a few qualities you should possess to set yourself up for freelance success. While not an all-encompassing list, these important characteristics will give you an idea of where you should focus.
There’s no boss watching you out of the corner of their eye or colleagues to judge you when you spend an hour online shopping instead of working. Discipline is necessary to stay on track.
Persistence is always important, but particularly when you’re just getting started as a freelancer and desperately trying to track down work.
There’s one word you’ll hear more than anything as a freelancer: no. Rejection is the name of the game, and you’re going to need to let it roll off your back.
You’re responsible for a lot of different tasks. You need to keep track of your income and expenses. You need to promptly reply back to client emails and stay on top of your deadlines. You need to keep your files sorted and your workload streamlined.
You don’t necessarily need to be outgoing in the traditional sense, but you do need to be able to be a little aggressive in order to land new clients. If you want to grow your business, you’re going to have to be comfortable networking and approaching strangers, whether you’re doing it in person or digitally.
Being a freelancer involves a lot of communication. You need to be willing to have the hard conversations like negotiating a higher rate or breaking up with a client and handle them tactfully and professionally. There’s no boss or other colleague to take care of that dirty work for you.
4. Saars Services
SaaS is a method of software delivery that allows data to be accessed from any device with an internet connection and a web browser. In this web-based model, software vendors host and maintain the servers, databases, and the code that makes up an application.
The cloud-based model is so common now that more than 60% of software seekers who call Software Advice only want web-based products—less than 2% specifically ask for on-premise software.
The traditional on-premise software delivery model differs from SaaS in two key ways:
- SaaS deployments don’t require extensive hardware, which allows buyers to outsource most of the IT responsibilities typically required to troubleshoot and maintain the software in-house.
- SaaS systems are typically paid within a subscription model, whereas on-premise software is usually purchased through a perpetual license, paid upfront.
Common SaaS scenarios
If you’ve used a web-based email service such as Outlook, Hotmail, or Yahoo! Mail, then you’ve already used a form of SaaS. With these services, you log into your account over the Internet, often from a web browser. The email software is located on the service provider’s network, and your messages are stored there as well. You can access your email and stored messages from a web browser on any computer or Internet-connected device.
The previous examples are free services for personal use. For organizational use, you can rent productivity apps, such as email, collaboration, and calendaring; and sophisticated business applications such as customer relationship management (CRM), enterprise resource planning (ERP), and document management. You pay for the use of these apps by subscription or according to the level of use.
A good way to understand the SaaS model is by thinking of a bank, which protects the privacy of each customer while providing service that is reliable and secure—on a massive scale. A bank’s customers all use the same financial systems and technology without worrying about anyone accessing their personal information without authorisation.
A multitenant architecture, in which all users and applications share a single, common infrastructure and code base that is centrally maintained. Because SaaS vendor clients are all on the same infrastructure and code base, vendors can innovate more quickly and save the valuable development time previously spent on maintaining numerous versions of outdated code.
The ability for each user to easily customise applications to fit their business processes without affecting the common infrastructure. Because of the way SaaS is architected, these customisations are unique to each company or user and are always preserved through upgrades. That means SaaS providers can make upgrades more often, with less customer risk and much lower adoption cost.
Improved access to data from any networked device while making it easier to manage privileges, monitor data use, and ensure everyone sees the same information at the same time.
Anyone familiar with Amazon.com or My Yahoo! will be familiar with the Web interface of typical SaaS applications. With the SaaS model, you can customise with point-and-click ease, making the weeks or months it takes to update traditional business software seem hopelessly old fashioned.
Organisations are now developing SaaS integration platforms (or SIPs) for building additional SaaS applications. The consulting firm Saugatuck Technology calls this the “third wave” in software adoption: when SaaS moves beyond standalone software functionality to become a platform for mission-critical applications.
Given its ease of access, the SaaS model of software delivery has become common for many types of business applications, and it has been incorporated into the delivery strategies of many enterprise software vendors.
SaaS companies have offerings available for a variety of business applications, including email and collaboration, customer relationship management (CRM), billing/payroll processing, sales management, human resources management, financial management, database management, enterprise resourcing planning (ERP), content management, and document editing and management.
As with other cloud services, organizations typically pay for SaaS applications through a subscription fee, on a monthly or annual basis. This contrasts with the traditional model of paying for software through a perpetual license, with an upfront cost and optional ongoing support fee.
Advantages of SaaS
Accessibility: One strong advantage of any SaaS application is the ability to run through an internet browser, so it doesn’t matter which Operating System is used to access it. So regardless as to whether the user is trying to run the application on Windows, Mac, or Linux machines (or even smartphones running Android or iOS), the application still remains accessible. This makes SaaS applications incredible versatile in a couple of different ways.
For one, it means you don’t need to worry if your operating system or other software will be compatible with SaaS applications. Perhaps more importantly, not only can they be used in the office on desktop computers, they can also be used on mobile devices such as tablets.
Updates and patches: Another key advantage of SaaS applications is that because they run in the cloud, the vendor can update their software centrally without adversely affecting business operations for users. This is in stark contrast to on-premise software that will often require a degree of compatibility and endpoint security testing before even routine updates and patches can be applied.
The SaaS model therefore avoids the pitfalls of testing that slows down the development cycle and access to new features for users, while ensuring that security updates are applied as soon as possible in contrast to on-premises software that may remain vulnerable to attack until the IT service management staff have finished their testing.
Hardware: This leads into one of the other biggest selling points about SaaS, and that’s the lack of initial investment required to use it. For on-premises software, sometimes it’s not simply that business PCs or other desktops have compatible software and hardware configurations, but also that additional servers and network switches that could be required as part of a general investment in IT infrastructure services necessary to support the software across the business.
Market reach: For vendors this means being able to supply a software service to the majority of the market, instead of just a limited and targeted market segment. This means that pricing can be cheaper and more accessible to businesses of every size. For users this means being able to access services not normally available, thus both expanding and improving business services, productivity and general opportunities.
Saving and storage: On premise storage of data means the need to invest in reliable backups such as through cloud storage or other disaster recovery plan to mitigate any serious hardware crash that might otherwise cause the significant loss of data. However, with SaaS, data is routinely saved in the cloud anyway. What makes this double advantageous is not just the redundancy aspect, but also that employees can switch between devices without losing work or data, simply by the fact of logging into the single account, regardless of which device is being used.
Data and analytics: Because everything is run through a centralized platform this means its easy to capture data and provide it for analytics use. Businesses using SaaS software usually have access to reporting and intelligence tools and visualizations that can provide valuable insights into business operations, allowing for workflows to be streamlined and efficiency savings to be actioned. For the vendor, because access depends on a paid subscription there’s no need to be concerned about piracy which might otherwise cost the supplier and damage both access and pricing models.
Salesforce and other SaaS companies
Salesforce.com was an early SaaS company and its SaaS platform remains one of the most popular cloud-based applications. The SaaS business market continues to grow and SaaS technology continues to gain in popularity.
Among the other leading enterprise SaaS providers are ADP, Adobe Systems, Box, Citrix Systems, Dropbox, Google, IBM, Intuit, Microsoft, Oracle, SAP, ServiceNow, and Workday. But hundreds of companies offer their software as SaaS, from mobile management tools to expense report management, from video transcoding to financial calculations, from customer data cleanup to computer-aided design (CAD).
Because SaaS offerings are available from so many providers, a key trend is the rise in integration among vendor offerings. There are both services meant to integrate multiple SaaS applications, such as to provide single signon and access management across them, and efforts within the SaaS vendor community to create integrations across multiple providers’ software so enterprise processes can flow more easily across those applications sourced from multiple providers.
5. Start Your Own E-Commerce Website
What is Ecommerce?
Ecommerce: number 5 Recommended ways to make money Online in (2021), also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.
Whereas e-business refers to all aspects of operating an online business, ecommerce refers specifically to the transaction of goods and services
Types of Ecommerce Models
There are four main types of ecommerce models that can describe almost every transaction that takes place between consumers and businesses.
1. Business to Consumer (B2C):
When a business sells a good or service to an individual consumer (e.g. You buy a pair of shoes from an online retailer).
2. Business to Business (B2B):
When a business sells a good or service to another business (e.g. A business sells software-as-a-service for other businesses to use)
3. Consumer to Consumer (C2C):
When a consumer sells a good or service to another consumer (e.g. You sell your old furniture on eBay to another consumer).
4. Consumer to Business (C2B):
When a consumer sells their own products or services to a business or organization (e.g. An influencer offers exposure to their online audience in exchange for a fee, or a photographer licenses their photo for a business to use).
Examples of Ecommerce
Ecommerce can take on a variety of forms involving different transactional relationships between businesses and consumers, as well as different objects being exchanged as part of these transactions.
The sale of a product by a business directly to a customer without any intermediary.
The sale of products in bulk, often to a retailer that then sells them directly to consumers.
The sale of a product, which is manufactured and shipped to the consumer by a third party.
The collection of money from consumers in advance of a product being available in order to raise the startup capital necessary to bring it to market.
The automatic recurring purchase of a product or service on a regular basis until the subscriber chooses to cancel.
6. Physical products:
Any tangible good that requires inventory to be replenished and orders to be physically shipped to customers as sales are made.
7. Digital products:
Downloadable digital goods, templates, and courses, or media that must be purchased for consumption or licensed for use.
A skill or set of skills provided in exchange for compensation. The service provider’s time can be purchased for a fee.
Before you build your online store you need to know what to sell and how to source it. Firstly you need to find a niche, for example, fitness, technology, bodycon/summer dresses, pet products and baby products are very popular right now.
You can also go on Instagram and see what all of the popular instagrammers are promoting to get an idea of what you should sell. Detox and weight loss teas as well as backless, strapless bras and clothing seem to be popular.
Another site where you can do some research is Amazon, you just look at the top selling products in a particular category and write them down. This trick is well known but since you will be selling these products on your own site and not Amazon you do not need to worry about any direct competition.
Finally you can go on YouTube and type in “fitness tracker reviews”, “summer dress review” or a review of any product you have found for additional inspiration.
Setting up your store: Starting Out
After doing your research, create a list of at least 20 products you want to source, next: Create an online store with Shopify, it is free for 14 days and no credit card is needed, however during the trial you should have made enough sales to get you started and keep your store going. You can choose from a range of free and premium themes to help you bring your store to life.
Once you have signed up you can use the powerful Oberlo plugin which is available through the store builder, this will take care of the storing and shipping by allowing you to automate the fulfillment process.
Oberlo is a dropshipping plugin which means that you will not have to physically store, pack and ship any products. You simply import products from Oberlo into your store and start selling, the suppliers do everything else, this is the beauty of drop shipping.
If you plan on just using Oberlo then you can skip the “The Finishing Steps (Alibaba)” section after reading the “The Finishing Steps (Oberlo)” section.
Setting up your store: The Finishing Steps (Oberlo)
Next you need to set up a payment processor on your Shopify store, you can use Shopify Payments or a third party solution like PayPal and Stripe.
Create an account on AliExpress and use Oberlo’s chrome extension to import your chosen products in a few minutes.
Setting up your store:
First, set up a payment processor, either Shopify Payments or a third party processor like PayPal or Stripe, you can see a list of supported payment gateways listed by country here.
If you don’t mind fulfilling orders yourself you have some startup money you can go to Alibaba, search for the products you listed, find 2–3 suppliers, order a sample, then once you are happy, you can order your first batch. It is best to start with smaller quantities for your first batch:
100–300pcs for really cheap products (less than a dollar)
100pcs for cheap products ($1 — $9)
20–50pcs for expensive items ($10 and above)
Shipping doesn’t take too long so you can always top up your starter batch when sales pick up.
It is best to start your first batch simple, for example if you are selling fitness trackers, start with one color and 50pcs, if you are selling dresses, start with 2–3 colors in 3 sizes (S, M, L) and 20–50pcs each.
Driving Traffic To The Store
Once you’ve set up your store, you then need to think about how you’re going to get people to actually visit your store.
Driving traffic to an ecommerce store can be a lot of fun and there are a lot of different things that you can experiment with. Before you think about driving traffic to your store, first sit down and get really clear about who your customer is.
What influences them and what demographics do they occupy?
When you know that kind of information, your marketing efforts will be better off and it will be easier to spot viable opportunities. Taking that into account…one traffic method you can experiment with is Facebook Ads. Setting up Facebook Ads is easy and 2.5 million advertisers use the service.
Provided that you do the due diligence I just mentioned (relating to knowing your customer), you should be able to take full advantage of the powerful targeting features provided by Facebook.
You can also consider sponsoring posts on social media sites, such as Pinterest and Instagram.
To do that, all that you have to do is find profiles that cater to the demographic you’re trying to go after.
Then, send them a quick message and let them know that you’d like to sponsor a post.
When sponsoring a post, you can’t be too pushy with your sales message. You’ll want to rely on your product images to do a lot of the selling for you.
Luckily, however, by this stage you should already have some great looking product images that you can provide when running sponsored posts.
As well as that, you can even use Google Product Ads.
The setup process for Google Product Ads can be a little bit complicated, but don’t let that keep you from using them.
In This article I’ve explained in detail 5 Recommended Ways to Make Money Online in (2021), I strongly encourage you to start from somewhere because there’s no better time to start than now. Based on my experience and review as a blogger I strongly recommend you to start with content creation (BLOGGING) as a beginner, from there you can now introduce affiliate marketing and freelancing.
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Tag: 5 Recommended Ways To Make Money Online In (2021)
Tag: 5 Recommended Ways To Make Money Online In (2021)
Tag: 5 Recommended Ways To Make Money Online In (2021)
Tag: 5 Recommended Ways To Make Money Online In (2021)
Tag: 5 Recommended Ways To Make Money Online In (2021)