How Can You Create a Profitable Source of Income Online?

Given the recent events, mainly the pandemic, not everyone has had the best time regarding their financial situation.

People are out of work, and they are looking for ways to create a source of income before things get even worse.

Thankfully, there are multiple ways to make money online. If you have been thinking about working on the internet for a while now, it would be a good time to start. Below, you will find a list of potential methods. And remember that if your first idea is not successful, move on to the next one until you discover a method that works.

 

Method #1 – Print on Demand

The ecommerce industry continues to throw. Statista projects that global sales will reach more than 4.5 trillion dollars in 2021. And why should it not? More and more people are shopping online, and businesses are reacting to it by moving their operations and focusing on the internet presence.

Starting a print on demand venture could be a good entry into the ecommerce world. You can make money from custom t-shirts by taking advantage of selling tips explained by Printify, as well as the benefits that the platform offers.

According to the print on demand ecommerce statistics, Printify stores have received more than 400 thousand orders in June 2020 alone. The number is quite promising, and it is likely to grow.

Sticking to a dropshipping business model is probably for the better, particularly for newcomers. You do not want to risk investing in a printing machine. Moreover, dropshipping allows you to focus on customer service as you do not have to worry about inventory and product shipping.

 

Method #2 – Customer Support

Customer support jobs may not be the most exciting thing in the world, but they are still a good way to make money.

Not everyone would be keen to join a position that requires you to answer phone calls. If you get anxious speaking with other people on the phone, look for a position in which you need to reply to emails, social media comments, or direct messages on a website.

With businesses moving for online stores and more customers finding these services, the demand for customer support grows. So if nothing else, at least you can feel safe knowing that the work in customer support is consistent.

 

Method #3 – Online Surveys

Check SwagBucks, Inbox Dollars, and other online survey services if you have about an hour or so to spare every day and would like to use that time more efficiently than just surfing the same old websites online.

Filling out a survey will grant you income. An average person needs about 10 to 15 minutes to complete a survey, meaning that you can finish about five in an hour.

Answering questions is not that difficult, and if it improves one’s financial situation, not taking advantage of such an opportunity would be a waste. Finally, if you run out of surveys on your computer, check whether other surveys are available on your smartphone or tablet.

 

Method #4 – Blogging

As a rule of thumb, you should blog about a topic that you find interesting. For example, you could write about tech stuff because technology makes life easier. Otherwise, you are likely to lose motivation and abandon the blogging idea before making any money.

Focus on content quality and not strain yourself by aiming to publish articles on an unrealistic schedule. Take the time you need and aim to attract readers by offering something unique.

Once you have enough website traffic, you can think about monetizing the blog. Some blogs rely on ad networks or digital production promotion; others stick to crowdfunding pages and offer opportunities to publish sponsored content.

 

Method #5 – Affiliate Marketing

Affiliate marketing is still a good way to create a source of income on the internet. Moreover, there are other programs than just Amazon and ClickBank (though the two are still the most popular).

Your goal is to find a niche and create content that makes website visitors click on affiliate links. These links redirect to a landing page that sells a product or service. For example, Amazon. And if a person who clicked on your link spends their money while the browser cookies are still active, you get a commission.

 

Method #6 – Online Education

The demand for online education is not a surprise. People want to improve themselves or just learn something interesting instead of wasting their time.

Educating yourself opens doors for new jobs. It is thanks to platforms like Skillshare and Udemy that you can find plenty of interesting courses. But the benefits are not just for those who want to learn.

You can create and sell online courses on Skillshare and Udemy. Pick a popular topic and compile the information into an easy-to-digest video course that you can promote and profit from.