The current virtual world has unlocked the door to endless opportunities for people. Things that were deemed to be impossible even 15 years back are now a part of our regular lives. For example, it’s now possible for people to instantly communicate with someone residing thousands of miles away with the help of internet and various applications. The best part is that these opportunities are almost free of cost. The emergence of internet has also opened the door for people to earn money online in the comfort of home. Making money has never been easier. Unlike the past when you had to physically be present in your workplace by commuting many a mile, you can now find work on the internet without having to move out. Even if you haven’t completed school or don’t have a job, there are endless possibilities for you to find work and make money online. 2021 comes with exciting new possibilities. Below are the 10 ways to make money online in 2021.
Earn money on an online marketplace: There are a few big marketplaces where you can find work in 2021. Whatever skill you have, there might be a market for it on the marketplaces such as Fiverr, freelancer.com, guru.com and Upwork. Signing up to these platforms is completely free and you can easily start offering your skills to clients from around the world. As an intermediary, these websites will charge you a commission ranging from 5% to 10%. On Fiverr, you can create something called a gig, which is an advertisement of the services that you offer. Each gig is related to a service and potential clients can contact you through these gigs. You can charge as little as $5 on Fiverr and offer anything such as logo design, voiceover, web development and content writing to name a few. Freelancer.com is also similar and it’s quite easy to work on this marketplace with lesser restrictions than Fiverr. But Upwork is much more selective about accepting new freelancers and you need to be experienced to be accepted on this marketplace. But beware of competition on these sites as there are too many freelancers like you offering their services and it can be quite difficult to get your first client.
Complete surveys online: If you are looking to earn some pocket money as a side hustle, survey sites can be your friend. Completing surveys remains one of the popular ways to make money online in 2021. Although you can’t make a sizeable full time income from it, you can surely earn some little extra cash. but if you are a beginner to making money online, surveys can be a really good start. You basically get paid from various companies for providing your opinions and insights into products, and services. You can get paid in rewards, cash and gift cards. Many of them pay you cash using PayPal. Top survey sites include Swagbucks, Survey junkie, InboxDollars, and Panda Research etc.
Affiliate marketing: Affiliate marketing has become one of the most popular ways to earn money. The concept of affiliate marketing basically involves being a middleman between a product seller and a purchaser. Over the years, the popularity of this concept has grown, as you don’t have to work with and handle the product to earn money. You just promote products created by others and get a commission in return of making sales. In 2021 as well, affiliate marketing remains one of the most popular ways to earn money online. There are popular marketplaces such as Amazon.com, eBay, Shopify and Clickbank etc. for which you can work as an affiliate to earn money in 2021. Once you sign up for these affiliate programs, you will receive your unique link that you can start sharing on the internet. By generating sales, you can make money as an intermediary. Even though commission might be really small from an individual affiliate program, you can be an affiliate for a number of websites that can earn you a sizeable return. But earning as an affiliate is not as easy as you might think. You can’t just simply start sharing your unique link on the internet and expect people to click on them. Spamming is disallowed in many social networking sites including Facebook, Quora and Instagram. You need to quite carefully build a following on various social platforms or have a website to be able to make money off of the affiliate links. For example, you can develop a review website related to electronics products and do affiliate of electronic products from Amazon.
Dropshipping: The concept of dropshipping has become hugely popular in the last few years. it’s somewhat similar to affiliate marketing because you are not really manually handling the product and selling someone else’s product as a middleman. But the main difference between affiliate marketing and dropshipping is that in dropshipping, you are promoting the products under your own brand name rather than directly sharing an affiliate link with the buyers. You choose a product from marketplaces such as Amazon or Alibaba and create your own brand to market and sell this product. That means the customers will think as if you are the supplier of this product and they will also make an order from you. Based on the orders, you will pay the supplier and the supplier will store, manage and ship the product to the customers. Dropshipping has become immensely popular in recent years and there are plenty of success stories of entrepreneurs who have achieved 6 figures with this technique.
Blogging: If you are looking to set up a platform to make a long-term income, blogging might be an option for you. It gives you the opportunity to earn passive income over time. Blogging is also hugely popular among people looking to make money online from the comfort of home. The idea of passive income is that you earn money even when you are not working. You can blog about any specific subject or niche such as health and wellness, technology, digital marketing, life lessons etc. It’s better to choose a particular niche and write in that niche. There are a number of ways to make money online from blogging. Once you manage to build a good enough fan base and following for your blog, you can earn in a number of ways. You can monetize your blog through Google AdSense by placing ads on your articles. You can also add relevant affiliate links to your blog posts to earn. A review type blog is something where you can do a review of some product or service and add the affiliate links of those products within your blogs. This is how you can earn passive income as once the blogs are done, it will generate income for you, as people will continue to visit your site and purchase products from your affiliate links. You can easily set up a blog website on a content management system platform like WordPress through drag and drop. You can also outsource your website developed by an expert on freelancing marketplaces like Fiverr and freelancer.com.
Become a tutor: Virtual world has made it so much easier to become financially solvent from the comfort of your home that it’s even possible to become an online tutor to earn money from home. As the pandemic has restricted people into their homes, many teachers are forced to take virtual classes. So, you can also try your hand at virtual tutoring if you find interaction with people easy. Many people are teaching English online to learners. But in most cases, it’s necessary to hold respective degrees to qualify for tutoring in many platforms. For example, if you are looking to teach English or chemistry, you will need some evidence of your qualifications and experience. You can also show any proof of your qualification other than a certification to be approved for tutoring. A number of websites are available where you can find tutoring jobs such as Chegg Tutors, Tutor Me, Cambly and Yup.
Work as a Virtual Assistant: Being a virtual assistant means that you can do various administrative and other forms of jobs from the comfort of your home. The demand for virtual assistants has been growing in recent years and the current COVID-19 pandemic has highlighted their soaring demands as well. Companies and businesses need virtual assistants for data entry, writing, bookkeeping, social media management, digital marketing and customer support. Websites such as Fiverr, Upwork, Indeed.com, and Guru.com can help you find virtual assistant jobs and clients. LinkedIn is another very prominent website that lists various virtual jobs.
Stock investment: Another very good way of making money online in 2021 is through investing into company stocks. The best part about this thing is that you don’t need to put in any work. You just need to find some stock options with potential and invest into them. But stock investment is not for everyone as it requires some knowledge of corporate finance. If you have studied finance and believe that you can get into this business, you can do so from the comfort of your home. A number of websites are available online where you can make investment such as TD Ameritrade, E-Trade, Interactive Brokers and Charles Schwab etc.
Invest into cryptocurrency: cryptocurrencies have caused some frenzy in the recent past. It all started with Bitcoin and continued with the arrival of many altcoins such as Ethereum, Litecoin, Cardano, Tether and Dogecoin etc. Many people had playfully invested some dollars into cryptocurrencies only to have achieved massive returns due to unprecedented rate of price growth. Bitcoin itself was valued at just $0.1 when it had started trading and now it is hovering around $50,000. That means if you had invested just $1 back in 2010 and held onto it, you would be worth around half a million dollars right now. But the volatility of the price of cryptocurrencies means that you need to be very careful while investing into a coin. Much of the growth in price of a cryptocurrency is derived from global hype and frenzy. That means as fast you can see your investment grow overnight, it won’t also take much time to lose it all. So, before investing your savings, be sure that you are able to take the risk. Platforms such as Binance, Coinbase, Crypto.com and eToro etc. are some websites to invest into crypto.
Drive Your Car: You can get paid in 2021 for simply owning and driving a car. You can work as an Uber driver to drive people who are using the Uber app. You simply need to sign up to the Uber app and get approval as a driver. Any passenger can call you using the app as you are registered to Uber. They will tell you their location and you can simply pick them up from there to drive them to their destination. You can also make money as a delivery person through DoorDash. Even though you are not quite working virtually in this case as you are physically driving, but you are still signing up to virtual apps and websites to make money.