The internet is full of opportunities. It’s not all about freelancing anymore. The Internet has penetrated all spheres of life, including training. Online courses as well as free resources available all over are simply a blessing. All you need to do is find a suitable pathway and find the correct resources that will guide you.
In this guide, we’ll go over 7 of the most reliable ways of making money online in 2023, seeing the past trends.
Content can be anything from text to graphics including presentations, infographics, websites, articles, explainer videos, etc.
- Pick one and learn its ins and outs.
- With modern tools and YouTube tutorials, it should not take more than a month to understand the fundamentals.
- Do self-projects to build an online portfolio.
- Start advertising your services and offer lower rates to compete with established sellers.
- Sign up on freelancing platforms such as Upwork, Fiverr, and Freelancer.
- Give it time and see your career grow within 6-8 months.
Every brand is now looking for online advertising and digital marketing. COVID-19 has pushed a lot of businesses online and given the necessary motivation for many startup ideas to flourish.
Understand the basics of SEO, ad campaigns on Meta (Facebook and Instagram), and PPC advertising on Google, and start looking for clients on a retainer basis. It helps to first work for people in your circle who have businesses.
A successful digital marketing expert can easily become self-sufficient with returning customers, referrals, and monthly retainers (vs. one-time gigs) in a year.
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Try to build any skill required for ecommerce websites. There are plenty of ecommerce websites looking for marketing experts, graphic designers, copywriters, and SEO specialists. This is a booming field and there’s no shortage of work.
Games: Streaming and Esports
Choose a game (preferably a competitive game on PC) that’s not very hard (some games take years just to master all there is. Start streaming all your playing sessions on Twitch. Alternatively, with enough skill or talent, you can also join esports teams. This is huge right now and many jobs are lined up in the esports scene.
Smart Contracts in Blockchain
If you are technically inclined but not enough to be a hardcore programmer or a full-stack developer, learn programming smart contracts for a blockchain (such as Ethereum). Many Web3 platforms are looking for developers all year round, whether cryptocurrencies are going up or down.
Traffic: Blogging, YouTube, Affiliate Marketing
All traffic-based sources of income are still fair game including:
- Informative blog sites or online magazines rely on ads to make money. This is a more time, low-effort activity.
- Affiliate marketing sites review products based on existing reviews or research and earn commissions from sellers (such as Amazon). This is a moderate effort, moderate time activity.
- YouTube channels that are either informative or funny can quickly start to earn a lot if you’re consistent. This is a high-effort, low-time activity.
Products: White label and Dropshipping
Selling someone else’s products with your brand (white label) or running a dropshipping business (selling other brands’ products) are both fairly viable. Becoming successful with these platforms takes a lot of time and technical know-how, but the profit margins are insane.
There are plenty of ways to make money online, but due to rising competition across sectors, you need to be prepared for the long run. People who tend to give up more frequently or switch their pathway on the fight signs of challenges or loss are often stuck in an endless loop.
Hard work and time can take you places. The lack of patience will be your certain demise as an ever-increasing number of professionals, specialists, talents, and freelancers eye the same pie.