For many people, making money would be an absolute dream come true. If they could find a way to make money with a website or some other online venture, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally take back control of their time and their lives.
The crazy thing is, that earning money online isn’t a pipe dream. Many platforms are scams, so it is not easy to choose any platform which is authenticated.
But if you’re angling to earn money online but aren’t sure where to start, here are several of the best and most realistic strategies to consider which are authenticated:
1. YouTube
This platform is for those people who can express themselves and can give opinions on a particular concept. And for that, you didn’t have to anything but to start your own YouTube channel.
Then you have to choose a specific niche like health and fitness, education or personal finance, etc.
If you’ve visited any website, you’ve seen Google ads. These ads are everywhere and for good reason.
Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic.
One of the cool things about Google AdSense is that it’s so easy to get set up. So by connecting your YouTube channel with Google AdSense, you can make a steady income.
You can also sell products or merchandise. You can also license your content to the media or work with brands as an influencer or affiliate.
2. Blogging
This platform is for those people who love to write or read. They don’t want to express themselves by speaking but by writing.
You know that blogging is gaining much audience since Jio has launched in India. Everyone has started more and more use of the internet.
You can do blogging by using platforms like Blogger and WordPress. Blogger is a Google-owned platform that gives you free hosting and free domain “.blospot.com” but WordPress is a third-party tool that has the disadvantage of not providing free hosting or domain, so you would need to buy the same.
Also Read: Choosing a Domain Name for SEO
Similarly, in blogging also you have to monetize your blog with Google AdSense. You can also use an alternative like media.net.
By affiliate marketing, Paid reviews/Sponsored posts, or by offering an online course, you can make money in blogging.
3. Dropshipping
This platform is for those people who have marketing skills. Dropshipping is a retail fulfillment method in which you pick up a product from a place and deliver it to another place.
And you do this by online platforms like Shopify. The margin you earn from this process is your profit.
This is how Dropshipping works:
1. The customer places an order for a product on your online store and you collect the money.
2. You forward the order and shipping details directly to your dropship supplier and pays the agreed-upon wholesale price for the product.
3. Your dropship supplier packages and ships the order directly to the end customer as if it was shipped from your online store.
4. You get to keep the difference between your selling price and the wholesale price.
So these are the three best ways to earn money online.