What is online earning?
Online earning is a method of making money with the help of the Internet. It includes owning a website, beginning an online business or opting for other options of online earning that are obtainable from the Internet. It is convenient to earn online as it doesn't need any investment or proper scheduling of time.
what are the benefits online earning ?
1. You Can Work Anywhere
Part of the appeal of choosing to earn money online is that you can do it from practically any location with a reliable internet connection. You don’t need to be chained to an office chair or face the daily commute; your desk can be anywhere.
This is particularly helpful for people who want to work in a specialist career but don’t wish to relocate in order to do it. And if you’re lucky enough to live somewhere that’s simply impossible to leave, you can still make money online while enjoying your dream life.
2. You Can Earn in the Best Currencies in the World
Something that’s tempting for remote workers throughout the world is the ability to earn money online in the best currencies. This allows anyone to take advantage of the stability of currencies such as the dollar, yen, euro, or pound sterling.
Being paid in a major world currency can also increase a remote worker’s purchasing power, depending on their location. Plus, it allows you to adapt if you’re own currency isn’t as strong, putting you in a better financial position.
3. You Can Work Any Time of the Day
If you want to make money online, you don’t necessarily have to stick to a traditional nine-to-five schedule. The majority of remote jobs can be completed at any time of the day. It helps if you’re flexible to work with clients across different time zones; this opens up a broader range of possible roles.
So if you’re more of a night owl, or simply need to organise your day a little differently to usual, there are plenty of opportunities to earn money online.
4. You Can Often Work Flexibly
Flexible working is probably one of the most attractive benefits when looking to make money online. If you prefer to work weekends and free up a couple of weekdays for other responsibilities, remote working allows you to do it. Similarly, if you find yourself unexpectedly busy on one of your usual working days, you generally have the autonomy to rearrange your schedule without disrupting clients. Just like any form of self-employment, you’re in control.
This is really helpful for people who need to fit work around contrasting commitments, such as education, childcare, or other family commitments. You can organise your week in such a way that all components fit together, allowing you to continue to earn money online while honouring your responsibilities.
5. You Have More Time
Working remotely has one giant advantage that makes it almost impossible to resist: the gift of time.
Think about how long you spend preparing for – and commuting to – a nine-to-five job. Time spent on the bus, train, or in the car is effectively given away for free. What if you could invest those hours in your family, hobbies, or education?
Online Jobs Vs Traditional Jobs
Do people prefer working in a traditional office or from home? Work is one of the basic requirements to live. It helps people maintain a financial income that allows them to support their daily needs and all living expenses and liabilities. Nowadays, People have the option to work online or conventionally. So, some of them claim, "Online jobs offer huge flexibility, hence people will not be tied in an office from 9-6 even when they have already finished the day's duty. Such gives them a chance to work on other personal obligations as well" (Hickey, 2017). On the other hand, people who prefer working from an office argue, "Working in an office environment helps individuals build new ideas and expand their knowledge. However, dealing with the same people regularly in an office could ruin the relationship with them" (Reddy, 2020). For example, if a person has a tough time getting along with colleagues, it could cause trouble with the job's stability. It would be a great privilege if employers would choose between attending to a traditional job at a particular time or choosing anytime to work online. So, people would have the opportunity of selecting which environment would like them to work in. In this sense, both online and traditional jobs can help people to hold up their necessities. However, an online job would be a preferable option because it offers adaptability, hours flexibility and decision capability.
There are several ways of income earmarked for individuals and society. It may arise through online or traditional work, and it may be reflected in fixed salary, profits, shares, and bonuses. Online work is similar to conventional jobs as a source of income. Thus both can be done for a price. In the case of traditional practice, the payment can be made through direct bank deposits or cash transfers. For instance, people provide their account information for the financial department, and the amount is deposited to the employee directly or in a check. Compared to working online, people might get paid immediately, or in sequence; for example, if individuals are doing a project or designing a website, they can get their payment on stages. Besides this, both jobs allow that people can do additional hours to increase their income. Likewise, if the individual has another job besides the original occupation, that income can be enhanced significantly. In this regard, the common goal between online work and traditional work is to make money and cover the expenses and necessities of life (Kush, 2020).
The place between online and conventional jobs mainly differ in the space where the activities or duties are developed. On one side, a traditional job implies moving every day from home to the office or vice versa, as well as assuming a cost in public or private transport and exposing them to the dangers of society as accidents or viruses. The opposite will happen if people decide to work online. Hence they would have the freedom to design their workplace. It means people would choose however they like working, whether from their bed, the kitchen or in front of their television. According to Kush (2020), "While traditional employes have to attend the office on a daily basis, the online freelancer can work remotely from anywhere they are." On the other hand, establishing offices in a company could exceptionally be costly; thus, it would need furniture and equipment. While working from home would cheaper because people might need a computer and internet. In other words, the office work must follow the company's policy rules, while work online can be done from anywhere without the need for a fixed location office (Heathfield, 2019).
In traditional work, employees have the responsibility to put their fingerprint at the time assigned by the company. So, the employers will know when an individual has arrived to work. While working from home does not require a fingerprint or a specific time to start and end. It means, for traditional employees, they have regular hours (most from 8 am -5 pm) that they have to follow, but online freelancers have to make their schedules (Kush, 2020). Working online offers people the possibility to plan a specific schedule that suits the person's time to complete the required work in the specified time frame. Furthermore, It would be uncomplicated to maintain an agreeable social life without skimping on work. Hence people would be able to spend more time with their families and friends by altering their working hours whenever they want.
TOP 10 WAYS TO MAKE MONEY ONLINE
Here are top 10 ways to make money online:
1. Teaching and Training
This is my number one way, and I been doing this for the last 5 years. This is something that almost every major University has been doing (taking their classes online) due to the huge success they saw from University of Phoenix which set the tone for online education. It’s easier now more than ever for companies and entrepreneurs to launch online schools, and my good friend Marie Forleo is a prime example with her mega success, B-School.
2. Offering a Service
Providing a service may be the easiest way to start is you don’t need any investment to get this going. My podcast editor Ian Robinson is helping podcast creators edit their shows to increase production value. There are many different ways to provide a service and it’s just about realizing where your talent lies and what solution you can provide for others.
3. Creating and Selling Products
If you have an expertise in ANYTHING then you can package it into a book, course, software, audio program, DVD, and so on. The best way to get the word out and sell these products is with webinars.
4. Membership Sites and Continuity Programs
Another champion that I have a lot of respect for in this arena is Ramit Sethi. He has an amazing continuity program (Ramit’s Brain Trust) and each month provides useful and specific information for his passionate community. The community thrives off of his wise direction and pay him monthly to continue getting access to the community and resources. The beauty of this model is you sell something once and get paid each month for it.
5. Affiliate Marketing
Nick Reese has done an incredible job of building websites, developing outstanding searchable content and selling other peoples products on his sites. He gets a commission on every sale or lead he sends to the company. So he never had to create his own product in order to build his business (he has since branched out into other areas that you can check out on his new site). Pat Flynn also does an amazing job at this and he actually shows how much he generates on a monthly basis from his affiliates here.
6. Building a Site and Selling Ads
Derek Halpern is a BEAST at this. The legend behind SocialTriggers started a celebrity gossip site years ago and had millions of visitors every month that he leveraged to sell advertising on the site. Another example is Tina Su of ThinkSimpleNow.com who does an amazing job with this while sharing inspiring personal development content.
7. Selling Sponsorships for Branded Content
John Lee Dumas, generates over $50K monthly selling sponsorships on his podcast and writes about how he does this here. This can be done via podcast, developing a niched website or even a video show. Create branded content around your passion and find sponsors that will be attracted to your audience.
8. Events
Creating and promoting events, either online or offline can be very profitable as well. Michael Stelzner does both online summits and in person events with thousands of attendees, all while starting out from a simple blog a few years ago.
9. Masterminds and Coaching
An inspiring change maker part of the Integrity Podcast Network is Jonathan Fields. He runs the Good Life Project and has ongoing coaching and retreats in exotic locations all year long that sells for a high ticket price. This can be done either online or offline, as Jonathan has mastered the art of doing both.
10. Getting Creative
Jason Sadler (now known as Jason SurfrApp is one creative entrepreneur. He used his online platform to make money wearing companies shirts with Iwearyourshirt.com. Now he sells his last name for nearly $50,000 a year, sells sponsors pages in his new book, and continues to push the envelop with what you can earn by being creative.
Theses are just my top ten ways of making money online. I’d love to hear what steps listed above you’ve done that work for you in making money online. Please share (and be specific) in the comments section below, and feel free to add another point that works well for you if you if I missed one.
How much money you can make online?
You just have to have a computer, Internet connection, fast typing skills, and the ability to pay attention to details. Most freelancing websites list these jobs, and you can sign up on any of them to start earning in the range of Rs 300 to Rs 1,500 per hour.
1. Online Tutor
If you’re doing well in college, it’s easy to think everyone else is too, but the truth is that many people struggle with passing their courses. You could make a living by helping them out and teaching them what you know.
But don’t stop with fellow college students. You can also teach kids – from elementary school to high school, there are plenty of kids who could use your help.
Thankfully, with the Internet, you don’t have to be limited to your local geographic area. You can teach kids and people from all over the world.
Average US salary: $13-20/hour.
Where to find work: Tutor.com and Wyzant.
2. Search Engine Evaluator
Search engines like Google and Bing rely on user feedback to update their algorithms in ways that serve people better.
You could be one of the people who fills out feedback forms and lets them know what they need to do in order to improve.
Average US salary: $12-15/hour.
Where to find work: Leapforce and Lionbridge.
3. Social Media Manager
We all spend a lot of time on social media every day – Facebook, Instagram, Snapchat, Twitter, and the list goes on. If you’re used to getting a lot of likes or comments, or if you’re great at motivating others through your posts, you might want to consider turning this into a profession.
Social media managers build communities for companies on social media, engage these communities in conversations (for example, getting a lot of comments), and encourage them to take some sort of an action (like reading a blog post, signing up to an email list, or buying a product). Social media managers also play a vital role in building brand awareness for a company.
Average US Salary: $62,000/year for employees, according to Indeed. If you’re a freelancer, it depends on your marketing and negotiation skills.
Where to find work: The best opportunities in this field come from networking and pitching companies directly. To get started, try Googling marketing agencies and see if they need help handling the clients they’ve already landed.
4. Freelance Writer
Social media managers promote content that builds relationships and promotes sales for companies. Freelance writers write the content. There’s a huge need for writers now, as more and more companies want to build long term trust with their target audiences, and they do that by providing top quality content.
Great freelance writers stay up to date on marketing trends and research and know which content types work best when. They’re not only skilled at conveying complicated ideas, but they know how to do it in a way that best converts in a particular content format.
Well-fed freelance writers stay out of “content farms” and bidding sites, where you compete with hundreds of other writers for the same projects and get the gig if you under-quote yourself enough. To be a well-fed freelance writer, you need to go out there and market yourself to your target audience – usually, marketing managers – like any other business owner.
Average US Salary: $61,000/year for employees, according to Indeed. If you’re a freelancer, it depends on your marketing and negotiation skills.
Where to find work: The best opportunities in this field come when you network and proactively pitch to companies, but the Freelance Writers’ Den, a $25/month membership site, is a great place to start if you’re looking for high paying projects.
5. Resume Writer
Writing resumes may seem simple, but most people often find it hard to talk themselves up. If you’ve had success getting a lot of interest from great companies based on your resume, offer your services to others.
You can help them ensure their resumes shine a light on their accomplishments and the value they have to provide companies, in a way that speaks to recruiters.
Similarly, you can offer LinkedIn profile writing services, as many recruiters look for potential employees on this professional social network.
Average US salary: $15-25/hour.
Where to find work: ResumeEdge.
6. Transcriptionist
Transcriptionists are required to listen to audio recordings, and write them down. The key here is to be extremely accurate, so you need to have great attention to details.
This job also requires you to type fast. It works in your favor: The faster you type, the more you earn per hour.
Average US salary: $15-25/hour.
Where to find work: TranscribeMe and Rev.
7. Freelance Web Designer
Like freelance writers, freelance web designers need to market their services if they want to make a sustainable living. Websites that supposedly do the marketing work for you often come with a high price, as you’ll be expected to work for very cheap, and might end up losing money on the deals you take on.
To stand out of the crowd when they market themselves directly to prospective customers, freelance web designers need to prove more than their ability to design beautiful websites.
While companies care about image, they often care more about results. Therefore, well-fed freelance web designers are often the ones who understand what works in user experience and CRO (Conversion Rate Optimization). They learn how to create websites that drive visitors to download something or buy a product.
Average US Salary: $61,000/year for employees, according to Indeed. If you’re a freelancer, it depends on your marketing and negotiation skills.
Where to find work: The best opportunities in this field come from networking and pitching to companies directly. To get started, try Googling marketing agencies and see if they need help handling the clients they’ve already landed.
8. Micro-Freelancing At Fiverr
Fiverr is the world’s largest marketplace for digital services, where you can offer almost anything, from graphics & design, digital marketing, writing & translation, video & animation, music & audio, programming & tech, advertising, business, fun & lifestyle. This is the place to make money out of your creativity and profession.
Average US salary: Starting at $5/gig.
Where to find work: Fiverr.com.
9. Virtual Recruiter
Recruiters post jobs online and look for potential employees on LinkedIn. They read LinkedIn profiles they find and resumes that get sent to them, and decide who could be a good candidate.
They often conduct the initial phone interview, then pass the best ones to the relevant manager at the company to continue the screening process.
Recruiters used to only work offline, but things have changed, and now you can do this job from home.
Average US salary: $20-30/hour.
Where to find work: SimplyHired and CareerBuilder.
10. Become An Online Influencer
Do you have a hobby, a passion, or an interesting life? Are you knowledgeable about something many people struggle with?
If so, you might want to start a blog, a podcast, a vlog, or be active on one of the major social media networks. Sometimes it could take years to build a big enough, engaged enough, audience, but if you’re already used to sharing with people online, and have an audience that trusts you, it might be worth treating it as a business.
As your audience grows, you’ll be able to sell them services (like coaching or consulting) and products, but you’ll also be able to make a living by recommending other people’s products – and getting a sponsorship or commission in return.
Average US Salary: It changes from one person to another. According to this guide, you can charge $5-10 to post something on Instagram for every 1,000 followers you have. In other words, if you have 30,000 followers, you can charge $150-300 for every sponsored post you publish.
Where to find work: There are a lot of ways to connect with brands once you’ve built an audience. For example, if you already have a large following, you could apply to join influencer talent and marketing agencies, like Viral Nation, or platforms like Whalar, who connect Instagram influencers with relevant brands.
Coronavirus Pandemic: A New Opportunity
As a result of the COVID-19 outbreak, companies have moved their daily work to online. However, there are still many businesses that have closed and thousands of workers that have lost their jobs. This is the sad truth of 2020. However, if you have a computer and an internet connection, there are endless new opportunities that you may not even know about! Countless online jobs are hiring individuals who have taken to the online world in search of their next career.
While stuck at home during the pandemic, you can start working a remote job from the comfort of your own home. Here are 5 examples to get you inspired:
Teach English: VIPKid, Qkids and Magic Ears all recruit native English speakers to teach online English classes to young kids in China. If you already have a degree in teaching, UoPeople offers a Masters of Education degree to help you propel your career in this field.
Edit Content: If you have experience in quality analysis and checking for content errors, Reedsy is always looking for talented individuals for editing written works.
Virtual Assistant: If you are an organized and motivated individual, try finding an online assistant job. Through Boldly or Belay, you can start doing pretty much anything from scheduling meetings and conferences to social media and website work.
Professional Services: If you’re more acclimated to the professional side of things, then take a look at sites like FreeUp, SkipTheDrive, Remote and Working Not Working. There you’ll be able to find content, web development, marketing, design and other jobs. (learn more)
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