The economy was completely shaken by COVID-19, with millions of Americans losing their jobs and having to find alternative ways to get to the end of the month.
Since so many workplaces are closed or limited due to lock restrictions, more people are never searching online to find ways to make extra money from home.
Here are 10 of the best ways to make money online with the skills you have now.
Take an online course
One of the great things about the Internet is that it allows us to share knowledge across borders. If you are an expert in a particular subject or there is just something you think you can contribute in your field, consider selling an online course.
Dozens of sites make the process easier for you, such as Skillshare, Udemy, and Coursera, where you can create a course and upload videos and lesson materials.
Depending on the site you go to, students can purchase your individual course or subscribe to the site and access all courses whenever they want. Most sites pay you per student, so the more popular your course is, the more you earn.
Start a blog
Another way to share your knowledge with the world is with a blog dedicated to your area of expertise. Bloggers often make money by posting ads on the site.
The most popular way to do this is with Google AdSense: You decide where on the page you want your ads to appear, and Google AdSense will combine the content of your blog with advertisers looking for readers like you.
Another way to make money blogging is by placing affiliate marketing links in your posts. With affiliate links, the URL has a unique code attached. When readers click on the link and make a purchase, they receive a commission.
Creating a blog doesn’t have to be difficult. Sites like WordPress, Squarespace, and Wix can help you quickly create an attractive, easy-to-navigate website with built-in ads.
Sell your old clothes
Most of us have items in our closet that we would like to get rid of, but throwing away an old dress or a pair of vintage shoes may seem like a waste if it’s still in good condition. A great way to earn extra money is to sell items that clutter your home.
For clothing, second-hand online stores like thredUP, Poshmark and Depop can help you free up space and earn a few bucks at a time. For most sites, you will be responsible for the sale and shipping yourself.
Other sites, such as thredUP, will ask you to submit your items to their distribution center, where they will take care of the sale and send you the profits.
Look for gigs in independent markets
Nowadays, it is easier than ever to work on your own. A Statista report shows that 57 million self-employed people worked in the United States in 2017. The number is expected to increase to 90 million in the next eight years, which means that just over half of all workers will be self-employed, both online and offline. offline. time.
A popular way to find independent shows is through sites like Upwork, Toptal and Fiverr. There, you can advertise your work in any number of categories, from graphic design and web development to voice-over and illustration work.
Processes vary from site to site, but customers will usually contact you with their request and you can accept or decline the job. Once the work is completed, you will send it to the customer and receive payment.
Sell stock photography
Stock photography is a great alternative for artists looking for a secondary rhythm. If you have a professional-quality digital camera, you can sell your high-resolution shots on dozens of sites. Some of the most popular are Shutterstock, Getty Images, Dreamstime and iStock.
To sell photos and videos online, you need basic knowledge of the types of images that customers are looking for. You will also need to determine whether your photos will be copyright-free (i.e. no additional payment after the first purchase) or will manage rights.
If you are using templates, you can consult the template releases to protect the image of your templates and your own responsibility.
Offer online tutorials
With the recent increase in distance learning, there are many opportunities to create a secondary activity in online tutoring with students of all ages. Math and science tutors may be the most popular, but tutors are required for all subjects, including ESL tutors for language learners.
Some popular online tutoring sites are TutorMe, Skooli, Wyzant, Chegg, and Khan Academy.
If you are a native speaker of a language other than English, you may consider language tutoring sites such as Italki, Preply, and Verbling, where students register to practice their conversational skills with native speakers of the languages they are studying.
Become a lender
The rise in crowdlending is just one more example of how the internet has shaken virtually every sector of the economy.
Previously, someone looking for a personal loan had to go to the bank, credit union, or lender. If the person did not have good credit, they would have to deal with high interest rates if they were approved for the loan.
Now, peer-to-peer (P2P) loan websites link borrowers with lenders who are ordinary people like you.
Instead of taking the full amount of a single lender, a loan from several lenders can be grouped together. When the borrower returns the loan, he will receive a portion of his investment plus interest.
Some popular P2P loan platforms are Prosper, Perform and Upstart.
As with any investment, there are risks associated with P2P loans. The borrower may default on the loan and leave you and the other lenders in the lurch. But if you have extra money earning pennies in a savings account, crowdlending can be a way to get passive income.
A streaming empire begins
It’s hard to imagine the Internet before live streaming spread so far. Once upon a time, it was restricted to players playing live and talking to their spectators.
Even though games are still at the core of live streaming, you don’t have to be a gamer to make money online as a streamer.
Creators of all kinds are streaming their lives online, from cosplayers making their costumes in front of the camera to groups of friends performing a live Dungeons & Dragons session, to regular people talking about their lives.
Streamers’ revenue comes from subscriptions, donations, affiliate marketing, ads, and third-party sponsorships.
The most popular streaming site is Twitch, but other sites like YouTube and Facebook offer easy-to-use streaming tools. Similarly, social networking apps like Periscope, Instagram, Snapchat and TikTok also allow you to stream from your mobile.
Sell your creations
Whether you are smart or artistic, there are many ways to make money with your hobby.
Etsy is the most popular site for selling handmade products, such as leather wallets, wall prints, custom phone cases, sewing patterns … the list goes on and on. Anything weird and weird you do will probably find a home there.
If you’re an artist looking to sell prints of your work, on-demand printing sites like CafePress, Big Cartel, RedBubble, and Society6 can make things easier for you by printing and shipping products whenever customers buy.
If you prefer to skip the transaction fees of a marketplace and manage all aspects of the business for yourself, e-commerce sites like eBay, Shopify, Big Commerce, Squarespace and Wix can help you set up your own online store, completing the processing of payments.
Amazon is also a great option if you are interested in direct shipping.
Get support from your followers
Finally, if you are a creator of any kind, you can receive financial support from your followers to carry out your projects.
Sites like Patreon allow you to set up a multi-level membership program so that you can produce unique content for your subscribers that other people can’t see. It’s a great way to show off your work and sketch, or come up with an idea with the help of your fans.
Another popular site is OnlyFans, which is known primarily for unsafe content for work; however, the site is open to creators of any field.
If you prefer to receive money for a specific project, then crowdfunding is the solution for you.
Sites like Kickstarter, Indiegogo, and GoFundMe allow you to create a project proposal with a funding goal. Followers can support it, and once you reach your financial goal, you receive the money (minus a central processing fee) with the promise of handing it over to your sponsors.
Before you start walking
There are countless options for making money online, but you should always make sure that you are dealing with a reputable company. Beware of scams that ask you to make a big cash investment to buy merchandise to sell.
Also, beware of customers and clients who want to take advantage of you. Know the value of your work or product and advocate for fair compensation whenever you can.
You can make a lot of money working full time online and at home. Creating your own path in the online job market will be difficult at first, but it will be worth it.