The internet is one of the greatest resources for starting a business and making money in the 21st century. There are many ways to earn money online over the internet these days, and many of these require very little capital. However, it is important to know that there’s “no easy money” on the internet, and you need to dedicate time and skill to earn real money online. This article provides ten ways by which you can start to earn extra income online using your laptop or mobile phone and a good internet connection anywhere you are in the world.
10. Sell old and used books online
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This one is for people who have bought and own several books over the years or can access old books. You can sell old books on Amazon, eBay, etc. You can either sell old books that you own or try to acquire old books from people you know, pay little for them and resell them on these platforms.
9. Rent out space you have access to
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This is another way to earn money online. It involves occasionally renting out room or garage space in your home to people who need it. It’s a great way to make money for people who have extra space in their homes and want to monetize it. Platforms like Airbnb, Agoda, etc., allow you to charge overnight for bed space and even storage space. All you need to do is create a seller account with them, showcase the space you have available, and get started with earning!
8. Sell second-hand stuff
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Like in the case of selling old books, it is also possible to sell other items that have been used and are no longer in need by the owners. You can either sell your own old and unused items or scourge around in garage sales and cast-off events for useful stuff to sell online. You’ll need to clean up these items and make them presentable for your prospective buyers. Stuff like old TV sets, baby walkers and home appliances (that still work), etc., are great items to sell.
7. Sell crafts
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You can handcraft items and sell them online via eCommerce stores, social media, or on your website. Bags, dolls, outfits, paintings, games, anything that can be crafted beautifully and inexpensively can earn you a lot of extra income.
6. Sell photos
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If you are good at taking great photos, even with your phone, you can earn money online by selling them on digital marketplaces like Envato, Pixabay, iStock, etc. These platforms provide a means to sell a license to your photos to designers and creatives who need them.
5. Affiliate marketing
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Affiliate marketing involves selling products from other companies or stores via your store and earning a commission per sale. You can display products and services (e.g., web hosting) on your popular blog, social media page, etc., and direct people to buy through your affiliate/referral link. Companies then pay you a commission per successful sale.
4. Get into freelancing
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This has become one of the most common ways to earn money online in recent years. All you need to do is have a skill people need and get paid to carry out projects based on that skill. Some projects require little to no skills (e.g., searching the internet or typing data into excel sheets, etc.), while some tasks are more demanding (for example, writing articles, designing websites, or developing 3D mockups). What is important is that you can provide services that people or employers need.
You can get jobs and bid for projects via one or more of several online platforms like Freelancer.com, Upwork, Fiverr, etc. To get started, you need tools to execute projects (e.g., laptop, mobile phones, software, etc.), a well-written profile, and reliable internet.
3. Publish an eBook
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This is a great way to earn real money online. It involves writing an eBook and publishing it for sale on eBook platforms like Kindle or Kobo. However, writing an eBook requires time, skill, or money (if you choose to get a ghostwriter). Also, you should make sure your chosen topic is one that people would find appealing and interesting enough to buy. One last thing to consider is that you would need to market your ebook to make considerable sales.
2. Buy and sell digital items
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This is a very lucrative means of making money online. It involves purchasing rights to digital items that people may need and posting them up for sale. One great example is purchasing domain names that are catchy and potentially wanted and selling them for higher prices. Another example is buying websites, blogs, and social media accounts with considerable visits or followership. Reselling them to startup businesses that do not want to go through the stress of building from scratch will get you good online money.
1. Content creation
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This is one of the more lucrative businesses online today. It requires creating content, whether video, text-based, audio, etc., that people would be interested in and sharing online via content distribution platforms. There are many types of content creation avenues you can go into, like; Podcasts, review channels, short videos, or films.
Content creation can make money in two major ways, (a) through revenue from Ads and promotion features on the content, whether by you, the creator or via the platform where the content is hosted. (b) through a subscription or donation model by content subscribers where there is a considerable following. Platforms like Patreon and OnlyFans allow you to charge a subscription for your content, while YouTube and similar platforms pay you Ad revenue when users view Ads as they consume your content.
There are many more ways to earn income online; all you need is to do a bit of research and some learning, and you can get started immediately. Keep reading articles like Top 10 ways people invest money to get more ideas on how to earn money online.