Top 10 Ways To Make Money Online This 2021
The pandemic forced us to stay at home for the longest time – which pushed us to change our habits. But moreover, it made us realize the things that matter, like time and freedom. Perhaps if you've always wanted to learn how to paint or how to bake, the chances are high that you already achieved it during the quarantine. But that's only the icing on top.
If you're one of the unlucky ones who lost a job because of the pandemic, or worse, were forced to close down your business, then worry not – that's not the end of the road. In this blog, we'll give you some of the best ways on how you can easily make money online while still taking full control of your life from the comfort of your home.
With the rise in tech advancements, primarily online – people are now more enabled to make money with just laptops and internet connections. This setup allows you to have full control over how you spend every minute of your time. Gone are the days when you need to follow a strict schedule to catch the morning bus and to avoid getting stuck in the traffic to go to work. When you make money online, you'll be changing your lifestyle for the better, and eventually for good.
If you're already dreading the term online work, then it should help to know that making money online is not just about getting an online job. There are tons of ways on how you can make money online. From buy and sell businesses, consultancy engagements, freelancing jobs, online teaching to vlogging - whatever you want to do, chances are high that you can make money from it online. If you're passionate about something, you can create a YouTube channel and make videos – this practice has by far created thousands of young millionaires worldwide.
Being online is already innate in most of us. What's the first thing you do when you wake up? I know for sure that you either check your Facebook notifications or your work email. So, since anyone can go online anytime and anywhere, it's just wise that you make money out of it.
In making money online, you get the best of everything – flexibility, location independence, more significant income, less stress, and ultimately, better control of your life. Since you're not locked within the four corners of an office, you get to travel the world while still making money. Who doesn't want that?
If you're already sold, here are the top 10 ways to make money online, especially this 2021.
How To Make Money Online
Since the term online work or online business is too broad, we've listed here our top choices, which have been proven and tested by many. We've already laid it down for you so you won't get overwhelmed with all the available options.
Online Business / eCommerce
Create your eCommerce Brand
Ever wanted to be an entrepreneur? Then try building a small store online. Since it's online, it doesn't have to be grand. Plus, building a website only requires a small amount of money, which allows you to get started in no time.
So, if you have a high-quality product or you know a product that will surely sell, then starting your eCommerce store shall be on the top list priority. If you want to be the next MVMT watches or the next Kylie cosmetics, there's no better time to start than now. Overwhelmed? Don't worry; here's an ultimate guide to eCommerce for you.
Engage in Drop Shipping Business
If you already feel overwhelmed about the thought of physically producing, distributing, or managing your products in eCommerce, then I suggest that you try to dropshipping business. This kind of eCommerce business model takes away all the logistics part of eCommerce since your supplier will be the one to fulfill the orders of your customers. If you want to learn more about this, check this guide on what is dropshipping.
If you have a product in mind that you can offer to companies and businesses, then this business might just be perfect. In wholesaling, you offer products in bulk for a discounted price. The target market is usually businesses and companies – making it ideal for a B2B business setup. However, note that some retailers are now offering it to end-customers as well, especially to those who are budget conscious.
Sell Your Services or Your Stuff Online
Teach Online or Develop a Course
One easy way to make money online is to teach students online or develop your own course and sell it through a learning/course platform. The topics for online course platforms are vast – you can just choose your own topic, which can be anything including baking, yoga fitness, technical subjects, and even car repair - the subject matters are endless. You can also teach English to international students through online classes – easy money if your first language is English!
Try Vlogging or Affiliate Marketing
This one is the hype of the century. To date, more and more influencers are shifting to vlogging. YouTubers have reshaped the way we take in content over the years; now, we consume more video content more than ever – thanks to the rise of vloggers, the content on YouTube is now endless. One successful vlogger is PewDiePie, who just started streaming while playing video games online - and now, he already has a $50 million net worth, all thanks to his 107 million subscribers on YouTube.
Sell Your Stuff Online
How about selling your extra stuff online? Just get rid of your unnecessary stuff and sell it online. There are tons of platforms that allow you to sell used or preloved items online. So, instead of throwing them away, why not convert them to money instead?
Take Online Gigs
Apply for an Online Job
Here is the traditional way of making money online. True as it is, there are tons of available jobs online; whether you're a graphic artist, writer, social media manager, web developer, or bookkeeper – you'll find a job that suits your qualifications. If you want to have a full transition to working from home, it would be best to get full-time work 100% online. Trust me; it's not challenging to look for a job because if it is, then why are there so many digital nomads today?
Get Paid To Do Tasks
If you don't need a definite job and would like to have an online gig for extra income during your spare time, signing up on a platform where you can take on random tasks is a good option. In this setup, you get paid for every task that you accomplish. Typically, the tasks are as simple as booking a movie ticket, getting flowers, reserving a hotel booking, to the more complicated tasks of data analysis, and more. So, if you're looking for a flexible work arrangement to earn extra bucks, then this is a perfect choice.
Take Consultancy Jobs
If you're an expert at something, then another thing that you might want to consider is finding clients online that you can offer your services to. For instance, if you are a marketing expert, an accountant, lawyer, a designer, or any other professional, you can capitalize on your skills by serving clients online. You can easily do this by networking and joining various groups online.
How about getting into the stock market, cryptocurrency, Forex, or any other trade investment? While online trading is not the fastest way to earn money, it offers an easy way to make investments online. Stock trading can be lucrative, especially if you have enough money to invest, and you know what you're doing. The good thing here is that you don't need a stockbroker anymore. With the rise of online trading, you can easily trade and manage your portfolio from anywhere in the world - whether it's for the long term or short-term, you'll be sure to find a platform to trade online.
How to Get Started
If all these are new to you, don't worry, some platforms can help you get settled quickly - and we've listed them down for you.
Best eCommerce Platforms
Building your eCommerce store doesn't have to be complicated. With these eCommerce tools, you can be sure to get started in no time with minimal cost. From building a webstore to planning out your email campaigns, these eCommerce platforms and tools will surely enable you to create and grow your web store.
- Shopify - Best Overall eCommerce Platform
- 3dCart - Best Platform for Beginners
- BigCommerce - Best Platform for Small Businesses
- Cratejoy - Best Platform for Subscription-based Model
- ECWID - Best Platform for Fastest Setup
- 2CheckOut - Best eCommerce Payment Gateway
If you want to know more about these platforms, check our list on the best eCommerce platforms.
Best Online Course Platforms
Once you've decided to teach or share your expertise online, then the next step is finding the channel where you can host your videos for students to access. The goods news is that we've already listed the best online course platforms that you must consider; these are:
- Teachable - Best Online Platform for Easy Setup
- Thinkific - Best Online Platform for Beginners
- Optimize Press - Best Platform for Marketers, Coaches & Creators
Top Platforms for Freelancing
If you're looking for a freelancing job online, then I recommend you to try and sign up for these websites:
Best Trading Platforms
With online trading, you need to carefully select the platforms you want to use since it will significantly affect how you'll be trading assets. One platform may offer better investment options than the other, while one can charge higher than the other. If you don't know where to start and would like to try out online trading, then you can sign up with any of our best picks for online trading platform:
- IQ Option - Best Trading Platform for Diversified Assets
- Cex.io - Best Platform for Cryptocurrency Trading
- Robinhood - Best Free Trading Platform
Whether you're a mom of three looking for better work flexibility, an aspiring entrepreneur, or a young hustler who wants to travel the world, you'll undoubtedly find one way or another to make money online. So, which among these do you think is perfect for you?