Earning Online

Earning Online: Make Money Comfortably

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Since the COVID-19 pandemic struck and completely altered our lives, the world has seen a rise in online jobs. For instance, there are many ways to earn money online through social media platforms like Pinterest, as detailed in an article by Robert Kormoczi on Pinterest. One can utilize many other online opportunities to make money without the fuss of a physical nine to five job.

Type of Online Jobs

Other than earning through social media influencing, blogging or vlogging, there are certain ways to make money online. Some methods are listed below.

1. E-tailing

Electronic retail, also known as E-tail, is a term used to define selling products, goods, and services online. E-tailing includes B2B or B2C sales. B2B (business-to-business) is a type of e-commerce business or transaction deal between two enterprises in which a company creates and sells its products to another wholesale business.  B2C (business-to-consumer) is the sale focused mainly on the individual customers who consume the product.

With time, the scope of E-tail is steadily increasing. Statistics show that in countries like Saudi Arabia, the yearly growth rate of E-tailing is 30%. Given the constantly growing number of internet users, it will be beneficial for one to start E-tailing.

2. Freelancing

A well-known way of earning at home is freelancing. Freelancing is a manageable and flexible job, as one does independent work rather than joining or working for a company. You can do specific work without fully committing yourself to a permanent position. You can deal with clients yourself, negotiate and keep your price. However, in freelancing, you don’t earn monthly or annually; you are paid per the task you complete for a client. There are freelance content writers, graphic designers, and illustrators. Some of the prominent websites for freelance work are Upwork and Fiverr.

3. Dropshipping

Another way of online earning is dropshipping. This involves three parties. A client orders goods from you, but instead of producing the goods yourself, you purchase them from a third party and sell them to your client. This way, you would not have to work or put in your physical input as much as you would in other jobs. With dropshipping, you are the middleman, attracting customers and processing orders. This can get you reasonable profits

4. Paid Surveys

These days, the public’s feedback helps the companies to improvise their products before putting them out for sale. Surveys are convenient, as it isn’t necessary to analyze them in depth. Neither is there an age limit; teens as young as 13 can also fill out these surveys.

However, online surveys will not pay you as much as other remote jobs. Most sites will offer you gift cards or specific points, which can be exchanged for cash or gift vouchers. Paid online surveys can only be considered for some extra cash, not as a fully paying job to sustain your lifestyle.

Endnote

Online earnings will always depend on the number of clients you get. While it may seem like easy money, some online jobs are an unreliable source of income as they do not offer a fixed monthly wage or a consistent number of clients. Choose wisely and only begin depending on your online job to fulfill your cash needs once you see consistent cash inflow for a prolonged period of time.

Also Read: The Reasons for Hiring Freelancers: A Guide for Businesses

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