Top 5 Ways to Make Money Online after the Lockdown
Updated: Jun 30, 2020
Closing is a little hard when you have no one to close! With most of the car dealerships, sales floors, and retail stores closed, making a living in sales was close to impossible, right? Wrong! Although making money has usually been associated with traditional 'offline' ways found in the real world, the Internet is taking over a large part of our lives!
With the end of the quarantine and confinement, millions of people that started spending more time and money online discovered a whole new way of doing business: shopping for essential products, educational programs, self-help seminars, or gadgets and gifts to send their loved ones and feel connected.
For the same reason, every day more people are looking for ways to earn money online to increase their financial inflows. Taking advantage of the Shutdown to develop online selling strategies has become one of the most searched topics on YouTube and Google. Thousands of people worried about the effects this confinement will take on their personal finances, eating away their savings o simply trying to make needs meet, are looking for Online courses and passive income ideas during the Lockdown to supplement their salary.
Some of the strategies are flat out scams. They will require you to spend hundreds of hours filling out online surveys to make a few bucks or promise thousands of dollars with pyramid-like schemes that end up costing YOU money and making nothing. The rest, are so vaguely explained in those “make $500 USD a day easily in a few minutes” videos, too good to be true or far more complicated than what they make them seem.
Fortunately for you, we reviewed hundreds of videos, blogs, and Reddit posts and decided to share with you the best-proven strategies to set up an Online Business after the lockdown. We´ve included a basic set of requirements (aside from a computer, a smartphone, and an internet connection), investment, and scalability to understand where could your business take you with a little time and effort.
These chart shows an overview of the best online options:
· Skill set required: a skill or service to advertise
· Investment: depending on the service offered
· Scalability: gain a following / work directly with a company / Sell Training Vids.
Fiverr is the best place to make money online for free if you are good at something. This website lets you offer any kind of service that you have experience and monetize it. It allows you to have a business freelancing, choosing “gigs” from the thousands of available offers and getting paid upon completion.
Getting started with Fiverr is easy, and it is designed for users like you who are willing to work from home and make money. There are many success stories on Fiverr, and once you browse their marketplace, you could find a lot of ideas that would help you get started. You can check the job offerings or get someone to do a job for you. Need a logo? Get someone to do it for 5 bucks! Are you good at proofreading, transcribing, or translating? Offer your services here! The best part, this is absolutely free, and one of the killer ways to make money online without any investment.
Click here to join Fiverr and look at what skills people are making money with!
4. Online Paid Surveys
· Skill set required: minimal although some surveys require certain qualifications
· Investment: time
· Scalability: none. You only get paid per completed survey
This is the most common method for earning quick bucks. This is not precisely an Online Business but we included it in the list as a way of capitalizing yourself while you´re growing the rest of your business endeavors. Many beginners manage to pay their first tutorials, subscriptions, and websites with the income they generated by answering Online Surveys.
Now let me explain, how these online surveys work: survey companies pay internet users for their opinion or views on their popular products and services. They will ask for feedback either in written or video form about a user interface, app, or design.
If you are searching for an entertaining method to make money online, think about registering with a trustworthy survey company and go ahead. The average survey takes about 10-15 minutes and pays $10-$20 USD. Some of these websites offer more elaborate Surveys that require a little more time for $60 USD as well as full week studies for as much as $350 USD! Not bad for a few hours work!
However, before you register for any online survey program, make sure you read their TOS as many programs accept participants from specific countries like the U.S or Canada and thus on.
These are a few of the Surveys we have tested and reviewed for you:
3. Become a Virtual Assistant:
· Skill set required: Word Processing skills/ Oral Communication and Writing skills / Self Motivation and Discipline
· Investment: Time and other resources (phone, printer, etc)
· Scalability: Get several Clients and outsource while overseeing the operation.
As the number of solopreneurs is increasing, so is the demand for a virtual assistant. Virtual assistants help their employers with daily administrative tasks and schedules. Instead of going into the office every day, virtual assistants complete their responsibilities remotely at home or in another location of their choice with internet access. In this role, you are in charge of handling the small details to keep the company moving so that your employer can focus on large-company goals.
You may communicate with your employer on multiple channels, such as email, video messaging, instant messaging, and phone calls. Other responsibilities include organizing your employer’s files, answering emails, arranging meetings and travel plans, and helping to create presentation materials.
The job could be like:
· Doing research work
· Replying to emails
· Writing content or ad copies
· Moderating comments
· Managing Social Network accounts
On average, a virtual assistant job could help you earn anywhere between $8-$40 USD an hour. For anyone who can’t move out of the house, and needs an earning source sitting at home, becoming a VA is a lucrative option.
Click here to Hire or Become a Virtual Assistant on Fiverr.com
2. Create YouTube Videos or an Online Course:
· Skill set required: a skill or idea to share / communication skills /video editing
· Investment: Camera / microphone
· Scalability: monetize your channel / sell advertisement / Sell Training Vids.
There are two ways of making money with videos and both have huge potential if done right. How many times have you spotted advertisements on YouTube videos? Until I got to know about money-making opportunities via YouTube, I never knew a normal user like you and I can earn income by uploading videos on basically any subject.
If you are good a something, you could also record yourself and offer a training video on platforms like Teachable o Skillshare that will pay you for everyone who views your content. It doesn’t have to be a technical video; it could be anything from funny performance to a serious subject. Are you a great cook? You can consider starting a cooking show reviewing online recipes. If you are good with yoga, Pilates, or any other form of exercise you can create your DIY videos and upload it on YouTube and enable ads on them.
You don´t need to buy professional equipment, cameras or any special gadgets to begin producing content, either. A good smartphone´s camera will do the trick for now. Just be ready to capture some crazy moments. Once your channel is established, you may want to invest a little more to upgrade the video quality, improve the sound with a professional Mic, or video editing software to take your business to the next level.
A few links to get you started:
The YouTube Creator Academy: this very successful Youtuber specializes in Real Estate and finance, and shares how he grew his audience from scratch by creating his own tutorial.
Camera and Recording Equipment: You may decide to start big in your channel so I share some of the best-reviewed and most reliable equipment for recording
1. Affiliate Marketing
· Skill set required: basic computer skills
· Investment: $0 initially (although the learning curve could be shortened by Online training)
· Scalability: Create your own product, training video, eBook and Website
Affiliate marketing is definitively the best way for anyone to start earning money online. This requires very little investment & you can use your blog or even your social media platform like Twitter, Facebook to promote and earn money.
Passive income.
That’s the dream, right? To make money while you sleep.
For 99% of all the successful people you see online, affiliate marketing is how they get started. The idea behind it is that you promote other people’s products, often through an affiliate network, earning a commission if people actually end up buying thanks to your marketing.
It’s based on revenue sharing. If you have a product and want to sell more, you can offer promoters a financial incentive through an affiliate program. If you have no product and want to make money, then you can promote a product that you feel has value and earn an income from it as an affiliate marketer.
The three entities involved are:
The Merchant: This is the party that creates the product. They allow “Publishers” or affiliates to act as the salespeople or marketing venues to get their products in front of potential customers giving them a portion of the sale or a recurring commission.
The Affiliate: promotes one or multiple affiliate products and tries to attract and convince potential customers of the value of the merchant’s product so that they actually end up buying it. The Affiliate doesn´t have to be a Marketing Guru or have any special skills: an Instagram following, a blog or just the people you know could be enough to make money in Affiliate Marketing.
The Consumer: The customer or consumer makes the affiliate system go ’round. Without sales, there aren’t any commissions to hand out and no revenue to be shared.
There are networks that allow you to easily find products to promote, one of the most important is the monster Amazon Associates. Not only you can recommend ANY product in their inventory but you get a commission on anything they buy on Amazon over the next 24 hours!
These are a few links to get you started:
$1 USD eBook Work-At-Home Secrets & Internet Jetset: get this guide to begin making money from home. Signup for training from John Crestani, an internet marketing specialist that makes hundreds of thousands a month with affiliate marketing. He Shares more than a hundred ways to monetize your regular online activities: Facebook, Instagram, Quora, Pinterest, Etsy, Google, etc.
Super Affiliate System 2020: If you want to start big or you just don't have the time to wait for your business to slowly pick up, this is a Step-by-Step blueprint made by guys making millions in Affiliate Marketing. Check out their Training and start making money right away.
Keep in mind that Online success is not guaranteed for everyone. Like any other business, you´ll only succeed at making money online as long as you dedicate time and effort to building and growing it. Invest in yourself, in your education, and you´ll be on your way of financial freedom.
Leave a comment below and share other ways to make money with the Closer Community!