If there’s anything the COVID-19 pandemic provided to the worldwide workforce other than stress, it was a revelation: For 65% of those working remotely for the first time, returning to an office job seemed like a downside.
Still, exchanging a conventional, in-person career for your laptop means you still need to make money online. Fortunately, there is no shortage of methods to take advantage of; below is a list of the 10 most ways to make money online in 2021.
What are profitable to make money online?
- Become a Freelancer
- Affiliate Marketing
- Monetize Your Social Media
- Write an E-book
- Become a Virtual Assistant
- Start A YouTube Channel
- Run Facebook Ads
- Start A Dropshipping Store
- Sell Photos and Videos
- Sell Informational Products
In this article, we’ll be diving into each of these strategies to help you determine how you can best make money online in 2021.
Become a Freelancer
Thanks to the digital age, starting your own business is easier than ever. In fact, it’s as simple as entering your email into a website like Fiverr or UpWork, posting one or two services, and discovering a world of clients to work for.
You don’t need to be an expert in any field to apply for any postings. Some of the work ranges from small tasks such as writing papers, doing online research and even social media management.
What’s so great about freelancing is the fact that it’s virtually limitless. You can sell any service you can imagine. Some of the most profitable categories include:
• Graphic design.
• Website design.
• Virtual Assistant
• Social Media Management.
• Video Editing.
If you already have a skill that lends well to any of those high-demand services, there’s no reason not to sign up for a freelancing site — it’s seriously one of the easiest ways to make money online today. The best part is, once you already have built a portfolio of jobs you have completed. You can start landing big clients for very high pay.
Suppose you already have a large following thanks to a blog, YouTube channel, or social media account. In that case, affiliate marketing could soon help you earn thousands of dollars per month in passive income.
The concept is simple: For most companies, you simply apply to its affiliate program (like Amazon Associates, for example), implement affiliate links anywhere your audience frequently visits, and earn a commission from every sale made using your referral. The great thing about affiliate marketing is that there’s so many programs for any type of category. You’ll find affiliate programs for categories like fashion, beauty, fitness, finance, website builders, travel, cryptocurrency, sports, and music just to name a few.
It’s important to note that this requires you to have a source of traffic. So, you’ll have to either have social media followers, YouTube, a website, or blog to drive traffic to.
You can find a guide on how to start a blog or website to get started with affiliate marketing.
Monetize Your Social Media
With a market valuation of over $62 billion, there’s no limit to the number of ways you can use the social media industry to make money online. No matter what way you prefer to make money online, monetizing your social media is one of the easiest way to earn extra income online.
If you already have a following, you can start by selling online courses, advertising affiliate products, selling your own products, and so much more. And, if you’re on the influencer side of things, you could make a living solely through company-sponsored posts.
So, if you don’t yet have an account somewhere, you’re already two steps behind!
Write an E-book
Just because technology is flourishing doesn’t mean people don’t have an appetite for reading. On the contrary, the publishing market has remained strong at a valuation of $26 billion, meaning there’s plenty of opportunities for you to start earning passive income with your writing. And, thanks to resources like Amazon’s Kindle Direct Publishing, it’s easier than ever.
Become a Virtual Assistant
As the number of companies transitioning online increases, so too does the demand for virtual help — and they’re willing to pay good money for it.
As a virtual assistant, you might be helping with anything from social media management to bookkeeping, all from the comfort of your home. Depending on your skills and experience, you could see yourself earning around $67,000 yearly.
Start a YouTube Channel
Though it’s one of the more complex ways to make money online in 2021, YouTube channels can still yield impressive profits if you play your cards right. You can make a good amount of profit even with a small following or millions of views.
However, due to high saturation, it’s a wise idea to pick a topic or niche that you’re interested in. That way you’ll be motivated to continue to create content regardless of your subscriber count.
Just like with social media, you want to use a variety of ways to monetize your channel. You should use affiliate marketing to add links to all your videos so you can increase the sources of revenue for your youtube channel. You can use a platform like Patreon to charge your top fans for more exclusive content.
Run Facebook Ads
With almost 3 billion worldwide users, Facebook remains one of the largest social media platforms ever created. And, by utilizing its comprehensive advertisement features, you can take advantage of this userbase by running ads: either for another business or your own.
There are plenty of ways you can make money with facebook ads. If you don’t have any experience with the platform you can take the complete official Facebook Blueprint courses.
Below are a short list of ways you can make money with facebook ads.
- Create and Run Ads for a Local Small Business
- Sell Leads By Running Lead Generation Ads
- Run Ads to Your Own Blog or Affiliate Offers
- Run Ads to Your Own Ecommerce or Dropshipping Store
Start a Dropshipping Store
When considering starting a business, you might be worried about the thought of purchasing inventory, handling shipping, and other complex duties.
Well, we have the perfect solution for you: Starting a Dropshipping store with Shopify.
As one of the newest and most profitable ways to make money online in 2021, dropshipping is an opportunity every entrepreneur should look into, as the chances to earn big are higher than ever.
Dropshipping allows you to sell products without ever having to handle any products. The way it works is simple. A customer places an order on your store. Those funds are used to place an order with a supplier. The supplier then sends the product directly to the customer on your behalf. It sounds complicated but all this can be done automatically on a platform like Shopify.
If you’re an aspiring business owner with a knack for marketing and customer service, dropshipping is most certainly for you.Sell Photos and Videos
Sell Photos and Videos
Are you a creative individual who can’t keep their finger off the camera shutter? If so, your artistic vision could be what earns you thousands of dollars in passive income.
For years, individuals have used stock photos and videos to make money online. From blog posts to advertisements, companies worldwide need these visuals to create the bulk of their marketing material, and they’re willing to pay premium prices for quality work.
So, next time you take a picture you think would look great on a website, try uploading it somewhere like Shutterstock. Someone might be willing to buy it!
Sell Informational Products
With half the world enjoying near-unlimited access to the internet, information has become more available than ever. Today, you can learn anything and everything via a simple Google search.
You don’t need to be a guru or expert with a degree to start your own course. As long as you have any skill or know something people want to learn then this is a great fit and be extremely lucrative.
A few ways to sell informational products are through courses, coaching, mentoring or hosting masterminds. The more personal the higher you can charge for your product.
Fortunately, it takes only a few clicks to monetize that knowledge by using a site like Skillshare or Kajabi. Simply record yourself sharing your advice and guidance, upload enough videos to form a course, and share it with your audience to start earning passive income.
In Conclusion: Just Start
So now that we have listed our favorite picks for online business ideas. It’s your turn to pick the right one to try first. Remember, the best thing is to just get started. That way you’ll see what you enjoy doing and what online business idea can be right for you to make money online.