Let us talk simple statistics. Just yesterday the US unemployment rate hit the highest of all times. 710,000 business shutdown, over 10 million people filled for unemployment benefits. In Europe, France has over 4 million unemployment cases, Italy, UK and many more. The unemployment rate around the world is on the increase due to Coronavirus Pandemic.
The truth is that most business who have survived this pandemic are mostly online companies or Partly online business. To reduce the spread of the Coronavirus we are advised to stay at home. In some parts of the world this stay at home order is enforced. There is a dire need to make money from home if you want to keep surviving.
If you are interested in earning money online from working at home then you have to continue reading this article. A lot of Physical business that have gone online due to this pandemic would have evolved into online businesses by the end of the Pandemic.
It would only be wise for you to join the bandwagon now before it is too late. Online business is the new gold mine. Just recently, schoology.com reported crashed due to the influx of students registering for online schooling. A lot would change around the world after this pandemic.
There are two major ways you can make money online from the comfort of your home.
- Work online
- Invest online
Make Money Working Online From Home
One may wonder if its possible to make money without working in a physical office. The answer is yes. Online jobs is now a common practice. Back in the days people who venture into online jobs use them as part time jobs especially students. But to day I can guarantee you that reverse is the case today.
Don’t mistake online jobs for network marketing. You cannot completely execute network marketing from the comfort of your home. You need to be on the field convincing people to participate.
Today I am going to introduce you to online jobs that can earn you at least $100 a day.
- Drop shipping
- Online Data entry jobs
- Affiliate marketing
- Online Survey
- Blogging
- Transcription jobs from home
- Online typing jobs
- Online Tutors
- Telemarketing jobs from home
Become a Clickworker
I have mentioned a few of the online work opportunities you can take advantage of this season but I would be discussing just a few of the most famous and most profitable.
Google Adsense
If you take your time and assess this website, you would find Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic.
One of the cool things about Google AdSense is that it’s so easy to set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf.
There is no upkeep or maintenance to get this thing going, which makes it awesome if you have a website already.How much will you make?
I think my best month with Google AdSense was almost $3,000 over the last two years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $3,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.
There are also so many alternatives to Google Adsense like Media.net., Ezoic, Propeller Ads, AD Cash, Taboolar, Mgid, to mention just a few. Some of these Ads publishers require lots of traffic to set you up, that is why I recommend Adsense. But you can still look them up
Online Tutoring
Most schools have gone online. A lot opportunities are available online for tutors. Some these online tutoring jobs require scrutiny but I would introduce you to just a few the requires little or no hurdles. You can start earning as much as $10-$40 an hour.
If you think you can teach English online to children from non English speaking countries, the you can make money this season from the comfort of your home. You would have to visit SayABC, Cambly, Vipkids, DadaABC to signup now.
You can still make your own research on more online tutoring opportunities available.Don’t worry, teaching English online without a degree is also a possibility.
Affiliate Marketing
If you’ve got a good presence on social media or perhaps you even have a blog or website, you can start bringing in money immediately by promoting all sorts of companies, products, services and offers online.
Sign up as a publisher on the Awin network, Amazon Affiliate, Jumia, Namesilo, Bluehost check their offers blog or browse the merchant listings to find something you think your friends would be interested in, grab your affiliate link and share it. If someone buys using your link you’ll make a nice commission.
Online Consulting
Another way to make money online is via consulting. If you’re an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think you’re not important enough to consult for big companies, but you could be surprised at the types of expertise people will pay for.
If you want to start consulting but aren’t sure what steps to take next, you can also set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session you’ll get paid for.
Drop Shipping
Amazon offers one form of drop-shipping, but there are other resources for drop-shipping products that you’ll never actually have to see or handle yourself. You’ll simply need to close the sale. Providers like SaleHoo, Worldwide Brands, and many others, offer you a resource for drop-shipping your products.
Make Money Investing Online from Home
In recent times a lot of people took to sports betting as an online investment opportunity but today that is off the table because there are no sporting activities. Even with the pandemic there are still some online investment opportunities that would earn you so much money.
Online market trading
Whilst this isn’t necessarily an easy way to make money, investing in stock markets can be lucrative if you learn to do it properly and safely. By the same token, you may suffer significant losses if you don’t take it seriously.
Today there is no need to fund the yachts of Wolf of Wall Street style stock brokers. You can do it all yourself with the help of online market trading platforms.
Having spent many hours researching this new opportunity, I’ve been experimenting with the two biggest platforms: Plus500 and eToro.com. Both offer free practice accounts.
Overall I prefer eToro with over 12 million users worldwide. It has been featured in a BBC 2 documentary “Traders: Millions by the Minute” and recently began sponsoring several Premier League football clubs.
Online Stores
You do not necessarily need a website to do this. There are a lot online shops on instagram today and other social media platforms.
Cryptocurrency Trading
The original way to trade cryptocurrencies would be setting up a bitcoin wallet, buying some bitcoins with tangible currency, and then exchanging these bitcoins on a cryptocurrency exchange site to the altcoins of choice.
This way the trader has to securely maintain one or more digital wallets to store and exchange the purchased coins, and is more prone to cyber theft and hacker attacks that target the exchange sites. When trading with Binance, IQ Broker, OlympTrade, a wallet is not required, since the trades are performed though SSL secured online CFD trading platform, this proves to be a big advantage in avoiding potential hackers and theft.
Forex Trading
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the Bank for International Settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.
Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies.
But the modern forex markets are a modern invention. After the accord at Bretton Woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.
Conclusion
Its is okay to doubt how viable these options are, if they are as profitable as they are being portrayed. You would never know if you don’t try. To be able to succeed, you need a smart phone, internet connection, maybe a laptop, creativity and hard work plus patience.
Take your time, look at the many options and choose what works for you. You would realize that you can make money online working from the comfort of your home.
Stay safe.
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