India is globalizing with a fast rate and hence, is matching up the pace of the world in terms of technology really fast. There a number of ways by which Indians make money, but using the internet to make money is still a relatively newer concept to the Indians. So, here in this article we will be talking about the multiple ways by which you can make money online.
This type of online business is highly recommended because it requires the least of the investment and returns you the maximum of the profit, all you need is a laptop and a good internet connection and you are good to go. Many people use this type of business to earn loads of profits.
But before I brief you up with the ways to make money, let me first tell you about certain do’s and don’ts in this context.
Earning money on the internet will only be fruitful, if
- You are passionate about learning new skills and wish to work hard towards it.
- You are patient enough to wait for your business to scale up and make money for you.
- You can invest with as little as a laptop, a good internet connection and some money to start up.
Most people these days are blinded to such an extent by the light of wealth that they adopt unfair means of earning money and indulge in practises which may lead them behind the bars. The need of the hour is to make aware the new users of such unfair means so that they do not indulge in any such practise.
Making money on the internet using the fair and the legal means is also as easy as making money using the unfair means and hence, one should use all the appropriate techniques only to earn money.
You should also be aware of the fraud websites present on the internet and should avoid them. So, while working online always remember to check for the authenticity of the website that you are working for.
Another thing that you should keep in mind is that there are multiple websites on the internet that demand certain amount of money before they let you earn money using their website. Let me make it very clear that the websites that are genuine never ask for any kind of investment, only the fraud companies demand for such investments.
Also, in order to receive your earned money without any hassle, you need to register yourself on the International Digital Wallet. By using the international digital wallet, you can receive your money directly in your bank account very easily. Given below is a list of five websites which are completely genuine and do not ask for any investment from the users.
- Amazon mechanical turk
These were some of the genuine websites that you can use online.
So, let us now talk about the different ways by which you can earn money online in India 2020 : Updated Methods
There are multiple ways to earn money on the internet but there are certain differences when it comes to earning money online in India. Making money on the internet using fair means may seem a bit daunting task, but once you start using it with patience it will seem interesting to you. So, below mentioned are some of the ways that you can adopt in order to make money online in India.
To begin with, let us discuss about freelancing. Freelancing is a job source which is becoming very popular these days and hence, it is at the top of our list. Freelancing is a good option mostly for all the freelancers The artists can earn profits by utilising their arts for the recruiters that re looking for such talented artists.
If you are a designer, photographer, writer, programmer or a marketer then there are ample of paid jobs for you on the internet. Freelancing is generally a good option for all the people with lot of talent and few resources.
To become a successful freelancer a person should be perfectly skilled in his or her genre and secondly, the person must be a very good marketer. With a combination of the above-mentioned qualities a person can earn huge amount of money on the internet in India. But, if you are a new comer in the freelancing profession you should take help of a good marketer in order to build up your profile, because good profiles lead to better jobs and higher pay. In order to get clients a freelancer must have excellent communication skills.
As I mentioned a few of the websites in the former section of the article, some of the websites suitable for freelancing are Upwork, Hubstaff talent and Freelancer.com These mentioned websites are completely genuine and will help you to earn money online by all fair means only.
2) Manual jobs
Another good option for earning money online is by doing manual jobs. There are numerous manual jobs available on the internet these days and you can easily choose the one that suits your requirements and skills. There are a lot of choices when you do not wish to get committed to one single job as a freelancer in order to earn money.
There are a number of small jobs that will help you earn small profits with a little amount of effort.
This profile of job is completely based on helping out others and earning profit out of it. You do not have to be completely committed towards the work here, you just have to lend a helping hand to others. There are multiple sites where people as for help, I have already mentioned some like Amazon turk and Fiverr.
It is just a mutualistic kind of job where both the parties get benefited. This type of online job is an ideal one for the students those who aren’t willing to devote much of the time in jobs. It is a part time job for the students which in turn help them to make money.
It is a great way to monetize your free time, this is a very famous kind of job on the internet these days. even the housewives can use them in the free time to earn money.
3) Online Consultant Job
These days’ people are getting busier with little time to spare and wish to get everything at their fingertips on the internet. Be it shopping or consulting a doctor, people are getting fascinated by the way internet helps them in getting all such services. You can easily earn money using skype without any investment apart from the internet. All the professionals can earn a good sum of money by building their websites on the internet.
This type of job will sometimes lead you to success and other times may lead you to failure, you just need to have a lot patience in order to make things work.
There are a number of consultancy jobs available according to your skills, you can become an online medical consultant if you are a doctor, there are online counsellors, marriage consultants and many more. The perk of having such a skill is that you can work from your workplace and from your website too and can earn through both.
Online consultants may work for a website and can even build their own websites and earn more profit. It just depends upon your profile, you need to have a good profile and an experience for the consultancy jobs. This is one of the hot job that is everyone looking for.
We see people with a lot of degrees but they don’t get a good job, this type of online job is ideal for them, because it doesn’t require a big workplace; just a laptop and a good internet connection and you are ready to go. This is an ideal job for all those people that have been looking for jobs even after having good resume.
People that aren’t content with their current job or the firm that they are working for also, opt for this kind of job. In my opinion, it is a great job for all the perfectly skilled people in search of a job.
Anyone with good core skills can become an online consultant and can get clients online. Online consultants also require a good marketing plan, do not expect to earn money quickly using this type of online job because it takes time to get clients at times.
4) Become a Youtuber
The millennials are a YouTube generation, one can easily use it to earn good profits. YouTube is one platform which is known to build stars. These days we see a YouTube channel for every purpose, be it singing, dancing, acting, cooking, or even short videos like “how to fix a button on a shirt”. There are YouTube tutorials for every purpose on the internet these days.
YouTube has become a good source of income in India, we see number of short funny videos being shared on the internet every time, we encounter a lot of singing and dance performances. Once you start you tubing your talent, you just tend to become better and better in your skills. We have seen a lot of YouTube sensations like Shirley Setia, Bhuvan Bam, Shraddha Sharma, they all earn money by making YouTube videos. YouTube is a good option if you are talented and even if you aren’t.
You can make videos about various topics, facts etc, you can even make tutorial videos and earn from them. And, in this case too, you do not need a lot of investment in order to earn money, all you need is a phone to make videos and internet connection to upload them. You can even start up teaching classes on the YouTubeif you are a teacher or a philosopher.
This is a yet another job which requires a lot of patience, as getting subscribers on YouTube is a bit difficult task. But once you get a decent number of subscribers, they just keep on increasing more and more. You get paid for each like, comment and each new subscriber every time. Sharing your videos on different social platforms will also help you get decent amount of likes and followers. So, this one job is the one that anybody can do.
Most of all, you don’t need to have a great level of experience or qualification, because all you have to do is make a video and that’s it. It is an amazing source of income with the least amount of investment.
There are multiple sites from where you can refer and know ways by which you can earn money on YouTube. There are sites which show step by step procedure and even YouTube videos are there for that matter. We all need YouTube in our daily life and hence, it is an amazing source of income these days.
Check out this case study by Forbes :
5) Make money using social platforms such as Facebook or Instagram
Infographics Credits: Microsoft.com
Earning money through Facebook, Instagram or twitter is a type of job that is filled with fun and joy because all you need to do is post on the internet. There isn’t any limit to which you can earn using such profiles. It might seem a joke to you but professionals do earn up to 20,000 rupees for a single post.
Now there are two ways of earning money on these social websites: by posting and by using it as a place to sell goods. Let me explain each one in detail to you.
(a) By posting
We see a lot of pages these days, some are the fan base access and some are purely entertainment fiction. Admins get loads of pay for the posts on their page, I personally have seen people earning huge from this kind of job. Such type of jobs are the social media specialist/analyst jobs. There isn’t any limit to which you can earn money using such social platforms
(b) By using social platforms as a business platform
People use these platforms for selling goods like, clothing, shoes, furniture etc online. We see a lot of Facebook and Instagram pages for this purpose.
6) By buying and selling domains
You can rent your website if you have a good traffic on your websites. Buying and selling of domains is becoming a great job and is getting very popular on the internet. You can rent a website or even can give your website on rent to people who need it. Both the ways you get profited in this type of job.
People having a decent SEO score can use this to sell domains and earn great profit from it. Companies such as Boughtbuffer.com have been known for the purpose of buying and selling of the domains.
You need to be an expert in such kind of jobs, as domain related things are quite tricky. If you already own a decent domain you can try selling it on the Flippa.com. This type of job is one of my favourite and can help you earn huge amounts of profits.
7) Become a writer
People all over the country with different companies require content writers who can write about their products. Not just the companies you can earn by writing for your own websites. Writing is a talent which requires just one skill which is a good knowledge of the language in technical terms. You can choose the language which suits you to become a writer. To become a writer all you need is a good creative mind which can think of new things to write and earn.
It is ideal for the people who have a passion for writing, all you need to do is write and earn. You can write on your own desired topics and put it on your website or you can get clients of several websites and write for them.
Sites like iwriter.com are very useful for the latter purpose. Once you start writing you will get clients and once you get clients you will be earning great money.
8) Become a blogger
Blogging is one profession which is emerging a lot these days. We see blogs relating to any and everything on the internet these days. You can either create a blog of your own or can either work on other already built blogs. You can be a freelancer blogger and you can even earn for yourself on your own blog.
There are numerous blog posts that we come across these days and you can surely build your and earn profit too.
You can also earn by creating ads using the google AdSense and attaching them to the blogs, you simply earn whenever someone clicks on such ads. Blogging is certainly a very attractive source of income where isn’t any limit to your earnings. You can refer to various step by step guides on “how to earn money using the blogs”, you just need to follow the steps and you are ready to rock your blog.
9) Making money using affiliated marketing
Marketing is another great field which will helps you earn great amounts of money. You can tie up with the websites like Flipkart, Clickbank, Amazon, Snapdeal etc. and make money by promoting your favourite products on your websites.
Promotion affiliation links can be started anywhere such as the Facebook groups, online forums, Quora etc. you do not need any technical knowledge for promoting products, you just have to promote the links on your websites and if people buy those products then you earn good profit.
10)A product start-up
This is the most profitable way to run an online business. It may require a lot of effort and patience but all of it is undoubtedly fruitful. Start-ups help a lot in growth of a particular product. It requires a lot of hard work so as to make the product that attracts the buyers. Even if you possess average marketing skills, you should start by taking small steps and work hard which will surely pay off.
It requires a long procedure including starting up of a product company, making and hiring a team and finally selling the products. But, once you succeed you have a whole product company of your own.
11) Become a digital marketing agent
This is an ideal job for all the people who possess decent marketing skills, all you need to do is start up an online agency and start marketing. You have to help several start-up and companies and you can earn a lot of profit from it. With more experience, you can even start your own digital marketing agency and earn lots of money.
So, you can utilize your marketing skills in order to earn money by investing as little as of a good internet connection.
Residual income, in a few words, is the income that you continue to earn after the work has been completed. This is contrasted with a linear income, which is earned as the work is being done.
Example 1: Investing in the stock market will generate residual income in the form of dividends. It does not require regular work.
Example 2: A worker’s hourly or monthly wage is linear income, because they get paid a certain amount per hour/month. It’s proportional to their work.
It’s not hard to see why residual income is preferable; who wouldn’t want to keep earning money without having to do any work?
The catch, though, is that residual income usually takes a lot of work to build up, and it’s pretty difficult to get. (Note: Residual income is also known as passive income, so we’ll use those two interchangeably.)
Residual income translates to financial freedom, which just means you have the freedom to do whatever you want, within your income limit. It’s a great goal to have, because it reduces work stress, fear of being unemployed, and it lets you explore your hobbies and leisure full-time.
In this guide, you’ll learn about how to build up a residual income. I’ll also give you 7 residual income ideas that you can use to make money. These are simple ideas, but they work. You can pick any of them, based on what interests you, and start exploring it to make money.
But before you start making a passive income, you’ll need to properly set yourself up for success.
Earning Residual Income Requires An Investment Of Your Money And Time
Before you start working towards a passive income, you should have enough money saved up, that you can use for investments and costs. You’ll also need some money to fall back on. Residual income ideas sometimes don’t work, so you should keep spare money in case an idea doesn’t work out. You can eventually earn a passive income if you keep working hard at one or more ideas.
Also: be prepared to work hard. Initially, you’ll have to work persistently on your business or website and not see any returns. Once you’ve built up your business or product to a complete level, and established connections, then you can expect to start earning money from it. (Note that not all of these ideas are businesses; some of them can be done without needing to open up a business).
And finally, here are the ideas:
7 Passive Income Ideas You Can Try Now
1. Write A Book
This idea is the first one on the list, because I want to get it out of the way. It’s a good idea for earning passive income, but most people will not succeed at this. You should only attempt to do this if you’re very interested in writing, and you’re an aspiring writer. I only recommend this as residual income for people who are very talented or established writers, or who already have an audience that would buy their book.
You can publish a book in two forms: paperback and e-book. E-books are much easier to get published, and they’re wildly popular these days. They’re also convenient for the reader. After writing an e-book, all you have to do is set up an account on a seller, like Amazon or Nookpress, and start promoting your book! Here is a simple guide on getting your e-book published. As I mentioned before, if you already have an audience, such as on a website, that’s the best place to promote your e-book. This article will also explain how to set up a website.
2. Rent Out Your Property
Renting out your property is one of the easiest ways to earn a passive income. You can do this if you have a spare apartment, house, or even a spare room in your apartment. It might feel weird to have a stranger living in the room next to you, but often we have extra rooms in the house that we don’t need.
Depending on your location and room size, you can earn anywhere from $300 to $700 just by renting out a room. It’s even better if you have a whole apartment to rent. If you’re going away on a vacation for a few months, you can also rent out your apartment in that time to earn some extra money.
If you’re thinking of renting out your property, then Airbnb is the best platform for it.
Bonus: If you own land and the rights to the minerals below it, then you can let an oil company drill on your property and earn a share of their revenue. Read this full guide on renting out your property for fracking. Landowners who live on mineral-rich property have made thousands of dollars from this method. In order to learn more about your rights as an owner of natural resources, visit the National Association Of Royalty Owners.
3. Create An AdSense Website
Setting up a Google AdSense website is a simple and effective way to earn a passive income stream. The way it works is that you first have to find low competition keywords in a niche. Use Long Tail Pro to find keywords with low competition that get at least 1,000 – 2,000 searches per month. Then, write long, useful, and SEO-optimized articles around those keywords. Lastly, promote your website on social media and build backlinks to it.
Ranking a website isn’t easy, and it takes at least 3-4 months, but it is rewarding as it brings in passive income every month. With decent traffic to your website, you can earn at least $100 – $200 per month. Those numbers can go much higher as you get more traffic and have keywords with a lot of revenue-per-click. You can also earn some money by selling affiliate products on your website, which is the next idea on this list.
As mentioned before, if you have a website audience, then you can write an e-book and promote it on your website. E-books can bring in more money than Google ads. This is why having a website is so good for residual income; you can get multiple streams of income from it.
4. Become An Affiliate/Sponsor
This is another way to earn passive money from a website: sell affiliate products. Affiliate marketing is convenient and effective, because you don’t have to create or retail any products; you just need to get people to buy a product through your link, and you automatically earn a (small) share of the revenue. The most popular affiliate programs are Amazon Associates and Clickbank.
Clickbank is particularly noteworthy because in many cases you can even earn 50% to 75% of the product revenue. However, most affiliate programs will offer commissions between 5% and 10%. In order to maximize your income, promote products that have are expensive. For example, a $1,000 product with a 5% commission will earn you a decent $50 commission.
Similarly, you can also become a sponsor for a company. This is a lot more difficult to do. If you have a popular blog/website, then you can directly contact companies that sell products relevant to your niche. You can set up a sponsorship deal, where you promote their products on your website. In return, you receive either a flat-fee or a commission-based fee like with affiliate marketing.
5. Invest In The Stock Market
Investing in the stock market is a classic form of passive income. As you might know, with stock markets, there is some risk involved. But then again, virtually all residual income methods involve a level of risk, and you won’t find any idea that’s risk-free. In fact, stock marketing can be one of the least risky ways to earn money, if you invest smartly. The basic rules apply: Create a diverse portfolio, start with around $1,000, learn about the stock market, and create a back-up fund.
Here are some killer tips on investing in the stock market for beginners.
If you have money to invest, but you’re not sure if you should, then consider this. What will you be doing with the money anyway? Unless you’re buying something, the money will either be in liquid form or you’ll deposit it in the bank. It will earn a fraction of the return it could earn through stocks. Investing in stocks is a better way to save and grow your income.
6. Create A Digital Product
This one is for the creative-minded people who have a unique idea or talent to offer. A digital product can be anything, including an e-book. If you create a successful digital product, then it can earn you endless residual income for a long time. Some ideas for digital products are: online courses, tools, softwares, services, artwork, and comics.
It may sound like a daunting task, but it can be explained in a simple way. You have to satisfy a need that people have. Do people want a website that connects them to others with a similar interest? Do they want cheaper air fares? Do they want a personalized career path finder? You don’t have to create something new or ground-breaking; you can simply take existing services, and improve them in some way. Or you can create your own.
This is an especially good method for residual income if you already have an audience that you can show your product to. This again shows how powerful it can be to have a website that receives traffic.
7. Start Your Own Business
This is one of the general ways in which you can build a passive income. Starting a business is something that anyone can do, but few succeed at it.
You should only do this if you have the drive and the resources to be in it for the long term. Business owners and entrepreneurs deal with a lot of uncertainty. They have to be risk-takers.
This is the ultimate way to build a residual income, and it covers nearly all the other methods on this list.
If you want to succeed in any endeavor, you need to provide a lot of value. This is particularly important when you want to make money online. Creating an audience and building trust and authority takes time. These are the main ingredients needed to succeed in the world of commerce online. Consider the long-term outcome of your actions.
Although it will seem exasperating in the beginning, everything will be worth it in the end. Just stick it out and never give up. Continue reading to learn some of the best ways to make money online.
In this post, we have listed 4 proven ways to make money online in 2020. Let’s get started here.
4 Proven Successful Ways to Make Money Online In 2020
1) Write and Sell Ebooks
Ebooks that teach readers about technical topics sell extremely well. It’s a good source of passive income, but it doesn’t require a lot of effort at the beginning before the money is generated. You can sell your ebook through Apple’s iTunes Connect or Amazon’s Kindle program. There’s no need to invest a lot of money to write and sell ebooks. Rather, what you have to invest in is plenty of time in writing and marketing them. Here are a few tips on how to write ebooks:
- Choose your target audience and topic
What are you passionate about? What content would be beneficial to your target audience? The best ebooks share personal experiences or stories because this kind of content creates compassion with the readers and builds authority. One way to determine what your target audience will respond to is to analyze which of your social media updates and blog posts are getting the most shares or comments.
It’s also essential to conduct your research on the current market before you finalize your topic. Investigate potential competitors that are already selling similar ebooks on their websites or through Amazon. Consider ways in which unique perspective and your story can help you stand out. A killer title is also a must to attract the attention of your target audience.
You are ready to start writing the book. Write clearly and begin with your desired result, such as teaching a skill or idea and work backward. Organize your writing around the structure you’ve made. You don’t need to write the entire ebook in one sitting. It’s fine to write a little bit every day. Focus on a single chapter at a time and set yourself deadlines.
At some point, you are going to encounter a writer’s block. There are different ways to overcome this problem. Consider your audience:
- How old are they?
- Are they someone you know?
- What’s their job?
Think of the ebook you are writing as an escape or challenge for that person. You can also set an exact number of pages for the ebook or set an end goal for word count. Ebooks are usually at around 11,000 words or 35 pages. Try to write 250 to 300 words per page.
- Format the ebook
Your ebook should be readable. Keep the formatting consistent and use a sans-serif font such as Verdana or Ariel at size 12 or 11 to make it easy to read and digest the information you are presenting. Avoid going overboard on the formatting. Use a simple color scheme. Lists and short paragraphs as well as maintaining 2 or 3 kinds of headers will improve your ebook’s readability. Don’t forget to use high-quality images.
People are likely to remember about ten percent of what they hear three days later. Pairing information with relevant images will increase the retention rate. You can take your photos with a DSLR camera or smartphone. Another option is to buy photos from an image library. There are also plenty of websites that offer free images such as Unsplash, Gratisography, and PicJumbo,
Check for any spelling and grammar mistakes or typos on your own. By doing so, your proofreader won’t be distracted from bigger tasks such as checking how well how you have presented and communicated your ideas. The brain automatically ignores incorrect words, fills in gaps, and corrects typos. Read the sentences out loud to catch errors that you might miss by reading quietly.
Look for an objective outside party who is not too concerned about saying what you need to hear or hurting your feelings. Don’t be hurt or offended if they recommend deleting some paragraphs of the ebook.
- Use a good book cover
A good cover gives readers a sense that you’ve put a lot of work into the book. It also suggests professionalism. The title color should be different from the background. Visual elements must be 300 dpi. Set the title in an easy to read font. Avoid using design elements or images that you don’t have any permission to use.
Avoid cheap standard stock photos. Always use high-quality images. If you’re not skilled in graphic design, you can find someone to create the cover for you. Once you begin selling your ebook, you will be able to recoup these costs. If you want to try making the cover on your own, you can try free tools such as Adobe Spark Book Cover Maker or Canvas Free Online BookMaker. Create a short description of the ebook. It’s a teaser that tempts readers to purchase your book.
- Convert the ebook
You have to format the ebook correctly. The universal format for ebooks is ePub. It’s a good option for selling the ebook directly from your shop. ePub is also accepted by Apple iBookstore, Kobo and Barnes & Noble. The file format for Amazon Kindle is MOBI. You can also sell the ebook in PDF format if it’s convenient for the readers. When you’re selling from your own store, you can have all 3 formats available. Upload the ebook to your website with a photo of the front cover, set the price, provide a description, and add the product to your store.
- Promote the ebook
Promote your ebook before and after you launch it. Use the buzz you’ve built within your audience to drive sales. Self-publishing your ebook gives you absolute control over how you sell and market ebooks. You can do 10 to 20 guest posts for websites that your target audience reads. Look at popular keywords for your market to know what you should write about.
You can also see the most popular blogs for authors in your niche by searching online. There’s no need to mention your book directly, but the subject of your post should relate to your book’s topic. Your goal is to get people interested enough to visit your website and consider purchasing your book.
You can give free copies to bloggers in your market and ask that they share it with their friends and network if they like it. However, don’t bombard them with requests for shares or reviews without becoming acquainted with them first. You can use Instagram, Pinterest, YouTube, and other visual content channels to get traction with your target audience. Live streaming can also help you create a buzz. Your email list is also a great resource.
Don’t forget to monitor your sales. This will help you know where your sales are coming from. Writing and selling your ebook takes work, but it is also a rewarding way to share your expertise and explore your interests as well as increase your passive income.
2) Create Apps
Creating apps will be a significant undertaking if you don’t have app development skills. However, apps are a good source of passive income when done properly. Build a great app and you will have a massive audience of mobile phone users at your disposal. Apps need a significant investment of money and time up front. You can hire someone to help you build an app. First, you need to think of an idea that will sell by doing the right market analytics and research.
The industry, however, is extremely competitive. Making an app that stands out can be challenging. If you want to create an app that sells, you need to develop apps for different phones and promote what you offer. Here are tips on how to create apps that sell.
- Learn the kinds of apps that people are buying by studying the top apps in every category. Read reviews or buy the top-selling apps and explore their features. Compare these apps to see what they have in common.
- Create an app with a wide audience. Incorporate some of the features you recognized when you compared the best-selling apps. Some of the top selling apps incorporate GPS access and social networking. Others are simple productivity or novelty apps like to-do lists. You should create apps with a mass appeal because popularity will increase your revenue.
- Submit your apps to every Smartphone company. Don’t forget to review policies about the types of apps that Smartphone companies publish.
- You need to market your app. If you have a business, you can promote your app to your existing customers through your social networking platforms, brick-and-mortar stores, and online shop. If you don’t own a business, you can create a page for your app on Facebook or other social networking sites. Encourage your followers to try your app and write reviews about it on other sites. You need a strong marketing plan because the competition is fierce for apps, and people are more likely to buy popular apps because they appear on most frequently downloaded or purchased lists.
Creating and promoting apps for different phones will likely provide better results than making only one app for one phone. If you want to make a free app, you can still earn money by selling advertising on this app. Just avoid making apps that are incredibly similar to existing apps.
3) Create Video Tutorials
If your goal is to make a considerable amount of passive income in the long term, you should consider creating and posting video tutorials. The result, however, will depend on how well-received your videos might be. Look for a niche and create your own YouTube channel. Is there something that you can do which will add value to those who might be interested in that niche? Doing video tutorials will require upfront investment and a lot of time before it pays off, but for many, it can pay off very well.
Hobbyists can produce and upload videos on YouTube to share what they love doing. Small business owners can also create tutorials to earn additional money. High-quality tutorials have higher chances of making money for you. Here are tips on how you can make money through video tutorials.
- Endorse products
Some sellers and manufacturers pay popular tutorial producers on YouTube to promote their products. The more views your channel has, the better the chance of a seller or manufacturer is approaching you with a product endorsement offer. You create a video tutorial that showcases the products and promotes its benefits and positive features to your viewers.
For instance, if you create makeup tutorials, a seller or manufacturer will pay you to showcase their new makeup line and build interest for the products by giving away samples. You will be playing the role of a successful tastemaker or someone with the power to influence customers. This will help you get more potentially rewarding product endorsement offers.
- Increase your views
You can earn money based on your video’s number of views. Google owns YouTube, and advertisers pay the company to display advertisements on videos. You need to create and link your AdSense account to your YouTube account. To monetize your videos, choose the kind of ads you want to display. It could be video commercials or banner ads. You have to get thousands of people to watch your tutorials to make money through your videos.
Creating viral tutorials can help you increase views. This will involve some research. For instance, if you upload crafting videos, your viral content might be a tutorial on to make a fashionable holiday gift. Although you won’t make a lot of money through video monetization, you can benefit from increased publicity for the services and products you offer as well as views for your channel.
- Boost demand for your service
You can use video tutorials to increase demand for your products or services. For instance, if you own a bakery, you can create video tutorials to build your client base for your customized cakes or to improve awareness about your baking classes. You have to be willing to provide your business location and name for your marketing to be successful.
YouTube offers an ideal platform to share your knowledge with others. Millions of videos are uploaded every day, so getting noticed can be challenging. You should be active in all social networking platforms available to you to build your audience. For instance, you should create an account on LinkedIn, Facebook, and Instagram to promote your tutorials, build your audience, and connect with them. You may also want to allocate a modest budget to promote your tutorials in social networking platforms.
4) Affiliate Marketing
One of the best things about affiliate marketing is that you can earn money by marketing for different companies. There’s no limit to the amount that you can earn or the number of products you can promote. However, affiliate marketing provides a low-friction-to-market opportunity since you don’t have to make your services or products. Affiliate marketing is not as easy as it sounds. Without traffic, you will not get significant results. However, by keeping some tips and principles in mind, you can also make money while you sleep and dominate in the affiliate marketing world. What is the secret? Persistence and never giving up!
There are 2 kinds of buyers – emotional and logical buyers. Emotional buyers purchase a product based on their emotion because they believe in it. When customers are emotionally invested in your business, you can build a huge tribe. They are the best kinds of buyers because they will believe in you no matter what you sell. Logical buyers base all decisions on cold-hard facts and experience analysis paralysis. They over the judge and over analyze everything and base their buying decision on data because they don’t believe in you.
You have to build an emotional attachment during all stages of the sales funnel or the buying process. If you are not doing it, you are just wasting your time. If you want to be successful in affiliate marketing or you want to make money online, you need to follow this principle because this is how you turn visitors into customers into raving fans. Here are tips on how to earn money through affiliate marketing.
- Create a story
You have to be transparent when creating your story.
- What did you experience in life?
- What secrets have you discovered over the years?
- Why should they pay attention to you?
By properly relaying your story, you can close the emotional bond between those who don’t have any idea about you. In other words, make them care about you and be able to relate to you. Get your target audience emotionally invested in you before attempting to sell them anything.
Creating a diversified platform is also crucial; because it will help you reach more people. When one platform fizzles out, you won’t need to worry about losing your network. If you already have a Facebook group, you should also join online forums and other platforms. This way, people will have various ways to reach you.
Building your platforms is not enough. You need to nurture your audience as well. Reply to their comments and emails and connect with them on social networking sites. When someone posts a comment on your blog post, you should respond to them. The more you nurture your audience, the more they will believe in you and become avid buyers.
- Find a company or product to promote
Create valuable content and provide a lot of value before trying to sell anything. When you’re ready, you should look for the right company or product that is relevant to your target audience. Use your email list to know what your audience is most interested in. Their answers will help you focus your affiliate offers in the right direction. One way to accomplish this is by offering surveys. This also means that you need to give them something in return such as a free how-to ebook or cheat sheet. This is also known as a lead magnet. Tell them what they need to do and what they will get in exchange.
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Many large companies promote their products or services through popular affiliate networks such as ClickBank and Commission Junction. Look for related networks and submit your application to them. Once you are accepted in, you may be required to apply directly to the company afterward. There are 2 levels that you have to bypass. That is why you need to create an emotional bridge between yourself and your target audience and build up your platform before trying to sell anything to them.
- Provide value and attract targeted traffic
Grab their interest by providing relevant and engaging content. Your blog can be your main channel to provide long-form value. People have to stick around as well as read and share your content. When this happens, the Google search engine will notice you. You can attract visitors through article marketing, email marketing, paid advertising, and free advertising. Place ads and links on free websites such as Craigslist. Combine graphics, links, and ad copy on paid services such as Google AdSense and other PPC (pay-per-click) websites.
If you’re using article marketing, you need to improve your ranking in the search results. You can submit your articles to article submission websites. Don’t forget to include your affiliate link or link to your website.
- Promote your affiliate link
Merchants or networks will give you a link that you can use to promote what you want to sell. Analyze the details of the offer that you want to participate in. Build out your affiliate link and make sure that the clicks and sales are registering to your account. There are URL shorteners such as Bitly that can help make a link’s length more manageable.
Wrapping it Up: 4 Proven Successful Ways to Make Money Online In 2020
These are some of the best ways on how to make passive income online. You can work from home, and you are your boss. However, making money online requires a lot of patience. You may not be seeing any results right now, but don’t give up. The day will come when you start earning money while you sleep.
Over To You: Did You Like These Make Money Online Strategies India 2020
So, here in this article we talked about several ways of earning money online in India. Each of the above-mentioned strategies and the websites are completely genuine and you can refer to them for monetizing online. This article will give you clarity about earning money online and will help you choose the option with suits up with your requirements and your core skills.
So, bookmark this article, share with your friends and start earning money online.
Let us know in the comment section which one you are starting with.
All the best!