There are millions of people who are earning online, and they have their own reasons why.
But everyone would agree that it is quite easy, and you get to be your own boss instead of working really hard from 9 am to 5 pm, face employer’s wrath once in a while and still not get paid enough to live the life you have always dreamt of.
So, with an increase in the craze of social media and digital platforms among the people belonging to all races, communities and countries, the opportunities to make money online have also increased and have served quite well in reducing the misery of serving a company follo by N wing traditional job hours.
If you are also tired of your job and want to earn handsome amounts along with enjoying your life without a worry to leave your home, you have reached the perfect place because we are here to present you with some good options that can help you build yourself with never-ending chances of growth.
AMAZON
What is Amazon?
Amazon is an online business and cloud computing company based in Seattle, Washington.
Founded by Jeff Bezos in 1994, it is the largest worldwide Internet-based store in terms of total sales as well as market capitalization.
Keeping in view the situation COVID-19 put us all, working on Amazon can prove highly effective if you want to make it your part-time earning source or even the only source of income.
Here are some ways you can use Amazon and earn money while sitting in the comfort of your couch.
1. Start selling your own private label products on Amazon:
The best way to earn money from Amazon has always been and still is through private label product sales.
Private label is actually a process by which you manufacture a product which is pre-existing by improving its quality or using your brand label on it to give it a brand identity and then sell it to customers.
You can also call it Brand Creation or White Labeling.
This process may seem like you are doing something wrong but this exercise has been around for years and numerous retail stores e.g., Walmart have been practicing it and so far have succeeded.
So basically, all you have to do is:
• Choose a platform to make your sales. Amazon Jungle Scout is a great platform where you can manage all of your sales as it comes up with facilities like product research, brand intelligence, brand and sales management etc.
• Look for a source for your products. Alibaba can prove helpful.
• Label your product.
• Sell it on Amazon
WooHoo! Just like that, you are good to go.
Thanks to FBA, the delivery of the products has become more efficient as well as fast.
2. Publish Something:
If you are a terrific writer and haven’t yet tried the market, Amazon can be the best platform for you.
You can take help from Amazon’s Kindle Direct Publishing which allows you to publish your eBooks on Amazon for free.
In this way, the book that you put all your efforts to write, would not go to waste and millions of people who use Kindle readers would have the access to your book.
Not just that, you can always get your book published in a hard book and sell its copies across the world in hard form.
3. Start selling wholesale items on Amazon:
It is closely related to the Private Label but the only difference is that you would not have to worry about creating your own brand logo and giving the products a new and unique identity.
All you would be doing is buying products of others companies in bulk and reselling them on Amazon.
See. Easy Peesy.
SPOTIFY
What is Spotify?
Spotify is an audio streaming and media service provider based in Sweden.
Founded by Daniel Ek and Martin Lorentzon in April 2006, Spotify serves as the world’s largest music streaming service provider with millions of monthly users.
Basically, it is works in a traditional way. You create a song, tune or a instrumental music piece, publish them on your account and you get paid every time someone listens to your stream or buys it.
Instead of asking people to subscribe to your YouTube Channel and listen to the songs which most people would perceive as a burden, you are just putting out what you have created, anyone who likes it will use it and in return you will be paid. Isn’t this great?
There are two primary ways to earn on Spotify:
1. Through Master Royalties:
If you are a singer who is singing the song, you will get royalties because of the master rights to the track or song.
Let’s suppose you recorded a song and registered it with a music distribution company or a label, every time your music is streamed by someone, the music distribution company or the label will get the master royalties and you will get a percentage of the amount in return.
2. Through Mechanical Royalties:
This works if you are an independent song writer, composer or musician.
Your money will either go to the collection agency or you can get it via publishing administrators if you have registered yourself with any of them.
If you are unable to find a publishing administrator, search for those music distribution companies who serve as one. They can do this bit for you too.
What is Instagram:
Instagram is one of the most famous social networking services provided from America which entertains billions of people all over the world.
Founded by Kevin Systrom in October 2010, Instagram has now become the most popular photos and videos sharing application for people after Facebook.
Although Instagram doesn’t pay you according to the views count, watch hours or number of followers etc., yet there are ways to make money even using the platform such as Instagram.
1. Become an influencer and Promote brands:
Becoming an influencer is not easy but the COVID-19 and persistent lockdowns gave people an open opportunity to explore themselves and enter the influencers’ world.
You can do the same. If you have a talent and you think you have a unique idea to portray it and bring it out into the world that will be liked by the people, start creating the content.
Becoming an influencer is not a night’s job but you have to start from somewhere.
Right? In the beginning, it will take so much efforts, experimenting with strategies, experimenting with content, promoting yourself and increasing your reach but once you have become an influencer either micro or macro, brand will start to reach you and your income will start.
Now, you can get benefited from these in three ways:
Some brands give you the products as gifts that cost a lot otherwise and in exchange that you promote their product on your profiles.
The catch here is you get to own and use several expensive and branded items for FREE.
Some brands offer you payments to promote their products.
They send you the products, you promote them, return the items and get paid. Isn’t that exactly what you wanted.
A pro-advantage:
If the products are clothes, shoes or other accessories, you will get to click pictures of you even if you have to return them afterwards. Isn’t that amazing?
Some brands not only pay you for the promotions but they also let you have the products as gifts. OH MY GOD! This is like a dream come true.
So, hurry up. If you have a talent, use it.
2. Become an affiliate marketer:
This is a brilliant idea too. If you think you have no talent to portray and you can’t create new content either, affiliate marketing is the best option for you.
Basically, affiliate marketing means to provide platform for the sales of other people’s products.
Usually what happens is that people have the products but they do not have a platform to sell so they contact affiliate marketers to put posts, stories etc., of their products and get a commission on every sale.
Brands also explore this option but if it is a well-named brand, it would like to go solo on its own.
3. Sell your own products:
If you have a product of your own, you can use Instagram to display your product and make sales.
If you have a product and you also know how to manage Instagram public page for selling products, this is the best option for you.
Advantage: If you are selling your own product on your own page, you wouldn’t have to give any commission to someone. Instead, reward yourself for the amazing talent you have.
4: Offer services:
If you are a talented person and you have mastered any skill, you can start providing that service to people.
Give out offers.
Make yourself accessible and easy to work with. Identify potential customers and make them your permanent customers.
Offer discounts (but not at the cost of your well-being) and ask the clients to refer you to others if they like your work. This will help you to grow your demand in the market.
BUT FIRST: Learn the skill child! If you don’t have any, you can’t earn any.
What is Facebook?
Just like Instagram, Facebook is also an American Photos and video sharing networking service and has over billions of users.
Founded initially by Mark Zuckerberg and his colleagues, Facebook holds great worth at marketplace and is the biggest social media platform till today.
Compared to Instagram, Facebook is simpler, more casual and easier for the layman thus explaining the fact that more people use it and it holds the biggest market value.
Even if you are new, here are some ways Facebook can allow you to earn money online:
1. Include ads in your video content:
Ads in the video are a great way to earn but you need to be eligible for it first.
While your video is playing, a video ad clip would automatically start and end within a given time period and if the user continues to watch the ad, you will get paid according to the length of the ad watched by the user.
The eligibility criteria include having more than 10, 000 followers on Facebook and the video need to be more than 3 minutes to be eligible for running ads in between them.
In fact, Facebook increases the reach of a video organically if its more than 3 minutes long. Simply, more reach, more views, more people watch the ad and the more you get paid.
2. Collaborate with brands:
This is quite similar to what has already been explained in Instagram brand promotion way and styles. Simply go through them and you are good to go here too.
In a nutshell, earn by:
• Getting products as gifts in exchange of promotion
• Getting money in exchange of promotion
• Getting money and products in exchange of promotion
3. Open a products store:
Same as Instagram, if you have a product and needed a platform to sell it, Facebook is great.
Specially since COVID-19 outbreak, as everything was closed, people started using this technique to keep doing business at small level.
But now as the lockdown is lifted in almost every country across the world, this method is still hot because people have become used to it and they do not want to go to a hassle to buy a product.
They just place an order and BOOM! They get it at their doorstep.
4. Open an affiliate market store:
Like Instagram, if you do not have a talent to portray or you do not have a product, take other people’s products, sell them and get commission on every sale. Simple.
Conclusion
Hope all of this information was useful to you.
I believe in the process of change and with the pace the world is changing, there is no harm in doing a little improvisation to earn for yourself.
Who does not need money?
So, why not have it the easier way.
Try the options given to you from above and do tell us how they helped you. Till then, Good Luck!