TMCnet Feature
October 14, 2020

Creative Ways to Make Money Online in 2020

There has been a lot of focus on working from home since the outbreak of the dreaded coronavirus pandemic.  However, the fact is that this idea is nothing new as millions of people around the world have been earning their livelihood working online from their homes over the years. Creative and hardworking individuals seldom find it difficult to earn money. The advent of the internet has opened up numerous opportunities to make money from home by working online. All you need to do is choose the right opportunity, based on your knowledge and skillsets.

Mentioned below are some of the most exciting online work opportunities for individuals that are creative and ready to work hard.

Working as a Freelancer: Freelancing has a great earning potential for individuals with specialized skills such as coding, graphic designing, writing, public relations, strategy development, creating presentations, etc. Recent studies indicate that freelancers will make up almost 45% of the total workforce in the US by the end of 2020. There are many renowned freelancing websites where you can register for free and start applying to jobs that match your experience and skillset. If you are disciplined and organized, this can be an excellent opportunity for you.

Selling Products Online: Starting an eCommerce venture is a great option for individuals with business acumen. The latest industry figures indicate that global eCommerce sales are expected to reach close to $5 trillion by the end of 2021.  To succeed as an online seller, your first step should be to select a niche product.  Before taking the plunge, be sure to track the buying behavior and preference of your target audience so that you can make an informed decision.  Some of the popular platforms where you can get started are Etsy, Amazon, Craigslist, Poshmark, Nextdoor, eBay, Tradesy, etc. You can also sell products via your own online store.

Starting a YouTube (News - Alert) Channel: This is another exciting business opportunity right now for work from home professionals. Video is currently considered to be the most effective type of content.  You may have noticed that successful YouTubers are no less than a celebrity these days. After becoming a YouTube Partner, you can start making money from channel memberships, advertisements, and super chats. The eligibility criteria for the YouTube Partner Program are at least one thousand subscribers and four thousand watch hours over the last year. Once you meet these criteria, every one thousand video views will make you richer by around $7.60. Promoting affiliate links is yet another way to monetize YouTube channels.

Selling Music Online: If you are an individual with musical talent, selling your music online is a great way to start. There are numerous online platforms dedicated to helping aspiring singers and musicians by connecting them to distributors as well as buyers. If this is your forte, Vampr is a unique platform that you may want to check out. In this social platform, you will find people to collaborate with, create your musical masterpieces, and monetize your work without any hassles whatsoever.

Starting Your Own Podcast: Podcast is the radio of the new age that has brought audio content back with a bang. By podcasting, you can entertain your audience or share information on a given topic. You can start your podcast with any topic you are comfortable with, such as sports, literature, dance, music, literature, or anything else. However, be extremely careful about the quality of your shows. The quality of your podcasts will depend on both content and production. If you can afford, consider hiring professionals for these aspects of podcasting. Podcasters can make money via podcast subscriptions, product mentions, and content sponsorships. However, please remember that it may take a few months before any significant financial gains are observed.

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