If you are unhappy with your current financial situation, you might find that working on the internet could be one of the best solutions for the problem.
Many people are making money online. Some start slow and turn their projects into profitable ventures; others learn a craft and work as a freelancer or end up joining an agency for a full-time position.
Let’s take a look at some of the best ways to monetize one’s skills and improve the financial situation. And remember that if the first attempt is unsuccessful, you can move to the next idea and repeat the strategy before you land on a method that meets your expectations.
Learn Graphic Design
The demand for graphic designers continues to grow. Even though some might argue that the market is oversaturated, talented graphic designers should not have problems finding work. There are plenty of freelance gigs as well as companies looking to hire designers full-time.
It is also possible to make your own shirt with Printify and sell the merchandise. So long as the product material is high quality and there is a catchy design, custom products like t-shirts will sell.
In case you do not wish to start a custom merch store from scratch yourself, consider sending your resume to already established t-shirt makers and offer your services as a graphic designer.
Start a Dropshipping Venture
Over 27% of global online retailers have adopted dropshipping in 2018, and the trend did not slow down since then. The ecommerce industry has grown even more during the global pandemic after brick-and-mortar stores had to close down. People had to shop online because there were no other options.
At the end of the day, it is more convenient to purchase goods and services online. It is one of the primary reasons why a dropshipping business could be worth a try.
There is virtually no profit ceiling. How much you make will depend on your work and a little bit of luck.
Research the market to find a reasonable niche. Do not go for an idea that is too competitive because you will struggle with finding your place in the market. Also, focus on a niche that is evergreen, meaning no seasonal products, such as skiing equipment or flip-flops for summer.
Write a Blog
A blog could be a source to express yourself in addition to making money. Even if you lack writing talent, it is still something to learn. Besides, it is not like you are planning to write a novel. Blog posts are simpler because the articles are shorter and do not require as much research if you do not wish to go too deep with the information. In other words, once you find a formula, producing regular articles should not be an issue.
As far as the monetization methods go, you could make money from a blog by:
- Running ads and including affiliate links in the articles
- Offering sponsored content publishing
- Creating a Patreon page
- Promoting e-books and webinars
It is also worth noting that you do not have to limit the monetization to a single method. Combining and using multiple ideas will likely be more efficient.
Become a VA
There are quite a few people who hire a virtual assistant because finishing all the work by themselves is too difficult.
To find VA gigs, visit Fiverr, Upwork, and social media groups for freelancers. Get in touch with potential employers directly and tell them about your skills.
The pay might not be that great at first because your employer is unlikely to trust important tasks to a stranger. However, once you establish yourself as a trustworthy person, you can expect to advance in your career.
Working as a VA has benefits other than just making money. You might learn valuable skills and get a reference from your employer in case you decide to apply for another job in the future.
Create Educational Courses
The demand for educational content online continues to grow, and we are not talking about students who have to learn remotely.
No, adults who already have decent careers are looking to learn new skills that will help them get a better job.
Creating an online course and selling it on Udemy or Skillshare could be a great idea. Even if you lack an educational background, you can still find a niche and compile different sources to turn them into digestible video tutorials.
Manage Social Media Accounts
Running a social media account is not as easy as one might think. Other than responding to comments and creating ad campaigns, a social media account also needs to have consistency content-wise.
Creating original and engaging content requires skills. If you learn the subtleties of a particular SM platform, you can apply the knowledge and manage social media accounts as your job. It is unlikely that social media platforms are going away soon, meaning that this career path is great for those thinking long-term.
Work in Customer Support
Online stores are hiring customer support reps regularly. They need people to respond to customer questions via social media, phone, emails, or direct messages on a website.
The work itself can be quite monotonous, and dealing with annoying customers is not for everyone. However, if you feel like you can handle the work, then give it a try and see whether you like it or not.
Stream on Twitch TV
Streaming can be a lot of fun in addition to making money. Top streamers on Twitch TV make six figures, though they have the personalities or talent to attract enough viewers.
If you are entertaining and believe that interacting with a live audience while keeping it engaged will not be an issue, start a Twitch TV channel and grow your viewer numbers.
Once you attract enough watchers, you can expect to make money from viewer donations and subscriptions. Some brands might also offer you sponsorship deals to promote various goods or services, which is another way to monetize your Twitch TV channel.
Greta Larsen is a writer that specializes in tech, gaming, and finance. She strives to help people discover the most effective ways to increase their incomes, improve their technological experience, both gamers and the ones that struggle with slow computers and other devices.