Friday, 17 April 2015

How to Earn Money Online?

This is a question that most of us wonder, How to earn money online?

I have the reply but those who feel that they can get rich overnight may feel disheartened. To clear, we don't have a magical trick or a miracle technique to make someone rich overnight.

I am sure that the few that clicked the link hoping for the same would have clicked this off by now. But those who are realistic and wants to know what best can be made online should read the blog in it's entirety.

To begin with how to earn and how much you can earn depends totally on your skills and always remember that - Just like our World, there is no concept of Easy Pickings or Easy Money in Virtual World too.

There are multiple avenues on internet that allows money making. But the quantum of money generated will depend on few factors like-

A. Skill-set & Time involved


B. Market Demand

Now to elaborate, the skill-I further divide the nature of job as-

A. Skill-set and Time involved

1.  High skills- There are web hosts that allows interactions of skilled freelancers with the market. Skills can range from domain experts with degrees to perform a specialists task. Paid2work ought to be one of the site that serves as interface between freelancers and job recruiters. It may involve time devotion to an extent. The high skilled jobs may include-

a. Professional Freelancing

b. Market research or Project back ups

c. Online marketing campaigns

d. Online tutoring


2. Low skills- There are multiple websites that provides money on

a. Clicking on an advertisement

b.Filling surveys for the company.

c. Referrals

These jobs does not include much skills. But as the skill involved is low returns are low too.
I refrain myself from naming any website in this zone as there are many fraud websites and
WORD OF WISDOM & CAUTION IS TO AVOID WEBSITES THAT CHARGES MONEY FOR REGISTRATION.

B. Market Demand

 Internet has emerged as the biggest source of marketing. There are multiple avenues that can yield some money for you.

How to make money in this Domain?

Write a Blog- If you love writing and want people to read, you can opt for this. There are multiple websites that allow placing advertisements on your Blog. Google is the leader with Google Adsense. However, there are few limitations on this and revenue generations are also not that high. Blogger, Wordpress etc offers you space for blogging.

Become an Affiliate- Affiliate marketing is being associated with one or more online stores. Any traffic diverted from your page would earn you a royalty. However, the conversion rates are low and not easy to sell someone else's product.

Sell domain name- Worldwide web is growing but unfortunately domain names are not. So, the one who owns a domain name can sell it to the one who wants that at higher rates. However, gestation times may be higher and expert judgement is required to select names.

Youtube- If you can make videos than this will attract you. Monetizing program of Youtube would let you make some bucks. I repeat some bucks, the returns are like $2-4 for 1000 views. So, you have to be extremely popular to attract eyeballs to actually make money.



It is good idea to earn money online but I would like to caution my friends thinking on these lines-

Getting rich from internet is difficult, even making livelihood from internet is tough. Internet earning is still in nascent stages and one must explore all options before depending on them heavily.


Please feel free to ask any question regarding any topic I have covered or missed.



No comments:

Post a Comment