Everyone needs to make money. The internet has transformed the way we do business. It has opened up borders and removed limitations on what you can do and achieve based on geographical regions or financial resources. With a computer, an internet connection, and a personal drive, there is little that can stand in the way of you making an income online.
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eCommerce/Dropshipping
eCommerce is the selling and buying of goods and services over the internet. The industry is booming, and the easiest way you can start is via dropshipping. This is a fulfillment method where a store does not keep an inventory of the items it sells but instead purchases it from a third-party supplier who ships the item directly to the customer. The store owner does not see or handle the product.
This model of eCommerce requires less capital to start, and you only need a laptop and connection to the internet. There are many resources, such as eComProo.com and Shopify, that can help you get started.
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Blogging
Blogs are informational websites where writers share their views on subjects of their choice. There are many profitable niches one can blog about. Photography, health, fitness, career, fashion, gardening, and finance are some of the examples. You can monetize your blog by:
In this case, you can blog about an advertiser’s product, and they pay you a commission for every sale that came from your website. ClickBank is a sure platform for monetizing your blog with affiliate marketing.
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Freelance Web Development, Design, and Maintenance
It is challenging starting as a freelancer. You will need to be disciplined and strict with yourself.
You can set flexible working hours, rate of pay, and be your boss. Also, you choose to work on interesting projects and have a better life-work balance. Another reason you may want to consider becoming a freelance developer is there is a huge shortage of developers worldwide, and contract salaries are high.
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Offer Digital Marketing Services
There are people and individuals willing to pay for your services if you have the skills to promote their products and services using the internet. Some popular types of digital marketing include:
i) Search Engine Optimization (SEO)
ii) Search Engine Marketing (SEM)
iii) Social Media Marketing (SMM)
iv) Email Marketing
v) Online advertising (Google Ads and Facebook Ads)
vi) Influencer Marketing.
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Launch an informative and entertaining YouTube channel
YouTube is the largest video hosting website in the world. It is the second largest search engine with a majority of its users coming to be informed and entertained. You can launch your channel and start monetizing with ads once you hit the 1000subs/4000hr of view time. With every 1000 views, you can make money from Sh200-400. If you have 50 videos getting 10,000 views per month, then that would translate to Sh100,000 – 200,000 in monetary gains.
Chances are, the first video you make will suck. But hey, at least you've made a video, and people can subscribe to your channel at least you took the first step, and in six months you'll look back at that first piece of content and think, even though the video was not that good I have added more subscribers, and hopefully, you can point to a recent video that's much better.
6) Record a Podcast
People are getting busier each day trying to make money online and are looking for passive ways to consume content. This is the reason podcasts are a craze at the moment, presenting you with a great opportunity to build an audience and generate money. Here are some ways you can monetize your podcasts:
i) Stream, it lives on YouTube and makes money from ads
ii) Find traditional sponsorship (advertisement)
iii) Sell your products
7) Write and Sell eBooks
Did you know you can make good money online by packaging your knowledge into a downloadable Book that helps people start a business, learn a new skill, or even advance their careers? You can sell your eBook on Amazon. Amazon self-publishing gives you access to their massive audience to sell your book. They will take 30% as their fee and leave the remainder for you’
Sell your ebook online by choosing an eCommerce platform or marketplace. Create your ebook, add it as a product to your store, and make it available for purchase. You can leverage automation to deliver the eBook to customers.
8) Do Graphic Design For Local and Online Businesses
If you have a creative mindset and motivation, you can help businesses create their brands and make money in the process. Tools such as Visme, Venngage, Stencil, and Adobe Illustrator are becoming increasingly easy to use, and any creative can make money by being a graphic designer for local companies. You can also sell your designs on marketplaces such as 99Designs.com, Dribble, and Behance.net
9) Sell Stock Photos
Stock photography is the supply of photographs of commonplaces, people, landmarks, nature, events, etc. often licensed for specific uses on a royalty-free basis and can be used and reused for commercial purposes. Here are five websites you can use to sell your stock photos and make money online.
i) Adobe Stock
ii) Fotolia
iii) Shutterstock
iv) iStock photo
v) Pond5
10) Flipping Websites, Domain Names, and Mobile Apps
There is a thriving online marketplace for selling and buying websites, a practice that is also known as flipping. The same is true for domain names and mobile apps flipping. Websites and mobile apps have become critical tools in communication and eCommerce, and people are increasingly looking at them as serious sources of income.
Through flipping, people have sold their valuable apps, websites, and domain names from hundreds of millions to tens of billions. Flippa.com and EmpireFlippers.com are some of the platforms you can use to sell your digital assets. The domain name and mobile apps are also sold on these platforms.
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