Bihar Diwas, also known as Bihar Day, is celebrated every year on March 22nd to commemorate the formation of the state of Bihar. On this day in 1912, the British government separated Bihar from Bengal and made it a separate province. Bihar Diwas is an important occasion for the people of Bihar, as it celebrates the state's rich history, culture, and traditions.
The celebrations of Bihar Diwas are a reflection of the state's diverse culture and heritage. On this day, people from different communities come together to showcase their talents and traditions. The day is marked by cultural programs, exhibitions, seminars, and other events that highlight the state's achievements and contributions to the country.
The theme for Bihar Diwas 2023 is likely to be announced closer to the date, but it is expected to showcase the state's progress over the years and its vision for the future. The celebrations will likely include events that reflect the state's achievements in different fields, including art, literature, music, sports, and education.
One of the key highlights of Bihar Diwas is the display of the state's handicrafts, including Madhubani paintings, terracotta pottery, and handloom textiles. These crafts showcase the skill and creativity of Bihar's artisans and are a testament to the state's rich cultural heritage.
Bihar Diwas is also an opportunity for the state's government to showcase its initiatives and programs for the development of the state. The government is likely to use the occasion to highlight its achievements in areas such as infrastructure development, healthcare, education, and agriculture.
In conclusion, Bihar Diwas is an important occasion for the people of Bihar, as it celebrates the state's rich history, culture, and achievements. While the specific celebrations for Bihar Diwas 2023 are yet to be announced, it is expected to be a day of pride and joy for the people of Bihar, showcasing the state's progress and vision for the future.
Hindustan Zinc Limited is a subsidiary of Vedanta Limited and is the largest producer of zinc in India. The company was established in 1966 and is headquartered in Udaipur, Rajasthan. Hindustan Zinc Limited operates the world's largest zinc mine and has a diversified portfolio of mining and smelting operations in India.
The company's primary product is zinc, which is used in a variety of industries, including construction, transportation, and consumer goods. Hindustan Zinc Limited also produces lead, silver, and cadmium as by-products of its zinc mining and smelting operations.
Hindustan Zinc Limited's share price is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. As of March 22, 2023, the company's share price on the BSE was INR 407.95 and on the NSE was INR 407.85.
Investors interested in Hindustan Zinc Limited's share price can track the stock's performance on financial websites, such as Yahoo Finance or Google Finance. These websites provide real-time stock prices, historical data, and other financial information about the company.
It is important to note that investing in the stock market carries risks, and investors should conduct their own research and seek professional advice before making any investment decisions.
In conclusion, Hindustan Zinc Limited is a major player in the Indian mining industry and produces a wide range of metals and minerals. The company's share price is listed on the BSE and NSE of India, and investors interested in the stock should monitor its performance and conduct thorough research before investing.
World Water Day
World Water Day is an international observance held annually on March 22 to raise awareness about the importance of freshwater and advocate for the sustainable management of freshwater resources. The theme for World Water Day 2023 is "Water and Climate Change".
Water is a precious resource that is essential for life. However, millions of people around the world still lack access to safe drinking water and basic sanitation facilities. The United Nations estimates that by 2050, up to 5.7 billion people could be living in areas where water is scarce for at least one month per year. This highlights the urgent need to address water scarcity and ensure that everyone has access to clean water.
Climate change is exacerbating the water crisis by altering weather patterns, causing more frequent and severe droughts and floods, and reducing the quality and quantity of freshwater resources. It is estimated that climate change will cause a 20% to 30% reduction in water availability in some regions of the world by 2050.
To address the challenges of water scarcity and climate change, it is essential to adopt sustainable water management practices. This includes promoting water conservation, improving water efficiency, protecting water resources, and investing in water infrastructure.
On World Water Day, people around the world come together to celebrate water and raise awareness about the need for sustainable water management practices. This year, the focus is on the role of water in climate change and the need to take urgent action to address the water crisis.
There are many ways to get involved in World Water Day. You can attend local events and activities, participate in water conservation initiatives, and advocate for sustainable water management policies. You can also spread awareness about the importance of water by sharing information on social media and engaging in conversations with your friends and family.
In conclusion, World Water Day is an important occasion to raise awareness about the water crisis and advocate for sustainable water management practices. By working together, we can ensure that everyone has access to clean water and protect this precious resource for future generations.
In today's digital age, there are many ways to make money online without having to invest any money upfront. Whether you're looking for a side hustle to earn some extra cash or you want to build a full-time online business, there are plenty of opportunities to do so. In this post, we'll explore some of the best ways to earn money online without any investment.
Freelancing
One of the most popular ways to earn money online is through freelancing. If you have a skill or talent, such as writing, graphic design, programming, or social media management, you can offer your services to clients online. There are many freelancing platforms, such as Upwork, Fiverr, and Freelancer, where you can create a profile and start bidding on projects.
Online surveys
Another way to make money online is by participating in online surveys. There are many market research companies that pay people to take surveys and provide feedback on products and services. Some popular survey websites include Swagbucks, Survey Junkie, and Vindale Research. While you may not earn a lot of money from surveys, it's an easy way to make some extra cash in your spare time.
Affiliate marketing
Affiliate marketing is a great way to earn money online by promoting other people's products or services. You can sign up for an affiliate program, such as Amazon Associates, and promote products on your website or social media channels. When someone clicks on your affiliate link and makes a purchase, you earn a commission. To be successful with affiliate marketing, it's important to choose products that align with your niche and audience.
Online tutoring
If you have expertise in a particular subject, you can offer online tutoring services to students. There are many websites, such as Chegg, TutorMe, and Skooli, where you can sign up to become a tutor. You can set your own rates and work with students from around the world.
Content creation
If you enjoy creating content, such as videos, podcasts, or blogs, you can earn money by monetizing your content. You can place ads on your website or YouTube channel, or offer sponsored content to brands. To be successful with content creation, it's important to create high-quality content that resonates with your audience.
Online marketplaces
You can also sell products online through online marketplaces, such as eBay, Etsy, and Amazon. You can sell a wide variety of products, from handmade crafts to vintage clothing to electronics. While you will need to invest some time and effort into creating listings and shipping products, it's a great way to earn money online without any upfront costs.
In conclusion, there are many ways to earn money online without any investment. Whether you choose freelancing, online surveys, affiliate marketing, online tutoring, content creation, or online marketplaces, it's important to choose a method that aligns with your skills and interests. With dedication and hard work, you can build a successful online business and earn a steady income from the comfort of your own home.
Top 25 Long-Term Strategies on How to Make Money Online
Now that we’ve covered some of the best short-term ways to make extra cash, it’s time to explore several long-term strategies to earn money online.
Unlike the previous section, the money-making ideas in the following list require some initial investment of time, and in some cases, money. Even so, they are worth considering if you want to expand your skills and work portfolio.
1. Make Money Blogging
Blogging is an excellent way for avid writers to earn a source of income. Many people start a blog to share insights, express views, and establish brands. Some popular blogs are Say Yes and Anywhere We Roam.
The most common ways to make money blogging are through advertising, affiliate marketing, brand sponsorships, and selling products.
To have a profitable blog, find a niche and build your audience by consistently posting content. Implementing successful marketing and search engine optimization (SEO) strategies is also important.
2. Join an Affiliate Program
Joining an affiliate marketing program is another excellent way to make money online.
Earn a commission as an affiliate by promoting products, services, or businesses on multiple platforms. You’ll get a percentage of the profit when someone clicks on an affiliate link and completes a purchase.
Bloggers can make hundreds to tens of thousands of dollars through affiliate marketing. The exact earnings will depend on the number of affiliate programs they’re a part of and the blog’s readership size.
Make sure to join affiliate marketing programs that are suitable for your niche. For instance, if you have a blog dedicated to computers and technology, consider becoming a Hostinger affiliate.
BeRush. An excellent option for content marketers as this program offers a $200 flat commission ratefor every Semrush sale.
CJ Affiliate. A popular choice for affiliates with established platforms who wish to work with large and reputable brands.
eBay Partner Network. A good starting point for all affiliate niches and levels, with rates ranging from 1-4%.
Tripadvisor Affiliate Program. Perfect for affiliates within the travel industry. It offers publishers at least 50% of the commission received from its hotel booking partners.
GetResponse Affiliate Programs. A platform offering one-time and recurring commissions for affiliates in the marketing niche.
Like any other business model, affiliate marketing requires trial and error. Some of the biggest mistakes to avoid in affiliate marketing are choosing the wrong niche, producing poor-quality content, and ignoring website performance.
If you are a business owner who wants to create an affiliate marketing program easily, consider using AffiliateWP. This WordPress plugin has handy features for affiliate management, such as an admin dashboard, real-time reporting, an integrated payouts service, and customizable emails.
3. Build an eCommerce Website
Selling products online is one of the best ways to make money. More and more brick-and-mortar stores are turning to eCommerce due to its advantages.
Besides having a broader market reach, eCommerce stores require lower startup costs. For example, you’ll be able to save money on operational expenses since you won’t need different retail locations.
Thanks to the popularity of eCommerce platforms, creating an online store has never been easier. Picking the right platform is crucial because it will affect you and your customers’ overall experience.
Depending on your business model and operating locations, you may also need a business license. These may include registration certificates, local and federal permits, and a sales tax permit.
4. Open a Dropshipping Store
Dropshipping is a B2C business model where people sell products via an online store using a third-party supplier to process and fulfill orders.
It’s easier than running a standard eCommerce store since opening a dropshipping store doesn’t involve the hassle of dealing with inventory and shipping.
Starting a dropshipping store is similar to creating a regular online store – it involves choosing a niche and an eCommerce platform. The main difference is that dropshippers have to find the perfect supplier, too. In other words, supplier quality can make or break the business.
To help you get started, here are some websites that help you connect with reliable suppliers:
Spocket. Choose from thousands of suppliers worldwide and enjoy easy integration with platforms like WooCommerce and Shopify.
Modalyst. Curate your online store with products from different global suppliers and use the platform’s profit calculator to set prices.
SaleHoo. Browse through thousands of vetted suppliers in different product categories and explore its community forum for dropshipping tips and tricks.
5. Create an Online Course
The global eLearning market is projected to reach $336.98 billion by 2026. If you excel in a particular subject and enjoy curating learning material, it’s an excellent time to enter the online course market.
Digital courses come in different formats, from simple PDF downloads to videos. Popular online course topics include computer skills, health and wellness, business and entrepreneurship, finance and investing, and personal development.
There are two main ways to make money online by selling digital courses – by joining an eLearning platform or creating an eLearning website. The former is easier to do, but the latter provides more opportunities to experiment with different formats and monetization methods.
You can create an eLearning website with a WordPress LMS plugin. Then, sell online courses as digital products or create a membership system to lock them behind a paywall.
If you want to try out a few eLearning platforms before creating an eLearning site, consider the following:
Udemy. Provides courses, quizzes, coding exercises, and discussion forums on various topics.
Skillshare. Excellent for selling courses on digital art and creative skills.
Teachable. Create unlimited courses using any of its paid plans. Creators can also apply to have their courses and live events featured on Spotlight, an eLearning marketplace powered by Teachable and Hotmart.
Podia. A platform for selling online courses, digital downloads, and membership subscriptions. Users can create standalone or drip courses. They can also group similar courses and market them as a bundle.
Pathwright. A design, teaching, and learning platform for creating courses emphasizing active learning through actionable steps.
6. Tutor Students Online
If selling digital courses isn’t your thing, but you’re still interested in teaching, consider becoming an online tutor.
Many students today actively look for remote lessons. Independent tutors often offer their services via video communication apps like Zoom and Skype and accept payments via PayPal.
Make money by giving on-demand lessons and providing personalized feedback. You will create lesson plans, learning modules, and keep track of the student’s progress.
Make sure to evaluate your expertise when choosing a topic to teach. Popular tutoring subjects include math, languages, and computer science.
Consider obtaining certification to enhance your credibility as an online tutor and improve rates. And before giving live lessons, set up a strong internet connection to ensure smooth video communication.
When ready, create a website or join an online tutoring platform to promote your services. Here are four popular platforms for people interested in the online tutoring business:
Skooli. Schedule lessons in advance or accept them whenever you’re online.
TutorMe. Connects students with tutors based on their needs and preferences.
Tutor.com. Offers tutors based in the United States the opportunity to teach 250+ subjects to students of varying ages and education levels.
Preply. Teach different languages and set custom rates for your services.
Membership sites make money by selling access to exclusive content through subscription plans. With a tiered membership system, you can divide members’ privileges and determine which content they can access.
The subscription system creates a steady revenue stream as members have to renew their plans to maintain access privileges.
If you’re building a brand, a membership site can help foster a potential customer base for upselling.
When creating your own site, find inspiration from various niche membership websites. For example, Mark Manson and Magnetic Memory Method focus on self-improvement. Meanwhile, Smart Blogger offers tips on blogging and content writing.
After finding a niche that suits your interests, start developing the membership website. The easiest way to do this is with WordPress. Many useful membership plugins offer the tools necessary to create plans and accept transactions online.
8. Sell Advertising Space
Selling digital advertising space is one of the most common ways to monetize a website and earn passive income. The advertising revenue is measured based on clicks or user impressions. The more clicks you get, the more money you’ll make.
Advertisers consider a website’s content category, audience demographics, and user devices before buying a space. So, dedicating time to creating quality content and improving SEO strategies is vital.
To start selling ad spaces, sign up for an ad network like Google AdSense and embed the ad code on your site. If you run a WordPress website, follow our tutorial on how to add AdSense to WordPress.
Don’t oversaturate the site when choosing ad placements – this can negatively affect user experience. Instead, use a heatmap software tool to determine the best ad placement locations for optimal conversions.
Here are some other advertising networks you can sign up for:
Adcash. Use an anti-block feature to bypass users’ ad blockers and obtain higher earnings.
Media.net. Get exclusive access to the Yahoo! Bing network for keyword-targeted ads.
Carbon. A great option for technology and design-based ads.
9. Create a Subscription Job Board
With more employers turning to online hiring, job boards have fantastic market potential.
There are two main ways to make money online with a virtual job board. The first is to rent out space for employers to advertise their job listings. The second is to sell access to exclusive job listings to job seekers via a paid membership system.
Popular job board websites like Indeed, Glassdoor, and ZipRecruiter charge employers for premium job post placements. Most of these sites base their pricing plans on factors such as posting period, in-depth company information, or reviews.
The easiest way to create this type of website is with a WordPress job board plugin. For example, WP Job Manager offers tools seamlessly submit and manage job listings. Consider installing a membership plugin if you want to restrict access to job postings.
10. Buy and Flip Websites
The process of buying and selling websites is relatively simple. After purchasing a site, optimize its content for search engines, generate revenue, and sell it for a profit.
It’s an ideal money-making project for anyone who enjoys website design, improving SEO, and curating a great user experience.
Not all websites have future value, so knowing which ones to buy and invest time in is essential. A good rule of thumb is picking the ones already generating revenue and traffic. Moreover, websites with a popular niche and a premium domain name are easier to sell at higher prices.
Here are a few marketplaces for finding websites to purchase:
Flippa. Offers a wide range of niche websites with a global network of buyers and sellers.
Latona’s. Promotes websites and online stores no younger than a year and with a minimum annual revenue of $20,000.
Empire Flippers. Sells profitable websites with a wide range of monthly revenues, from hundreds to hundreds of thousands of dollars.
SideProjectors. A platform to buy and sell digital projects like websites, eCommerce stores, apps, and domain names.
There are some factors to consider to avoid making a bad website investment.
The first is to ask for a proof of concept, revenue report, and the site’s current monetization methods. Then, check the volume and source of its traffic. These are good indicators of a website’s potential.
It’s also a good idea to ask about existing site issues and verify why the original website owner is selling it in the first place. Finally, double-check the seller’s background and avoid buying sites from anonymous brokers.
11. Start a YouTube Channel
Running a YouTube channel is a popular way to make money online. As the largest video-sharing platform worldwide, it has an audience of over 2 billion monthly active users.
There are multiple ways to earn money from a YouTube channel. The first step involves signing up for the YouTube Partner Program and ensuring you’re eligible for monetization.
YouTube allows many types of niche video content, from gaming reactions to daily vlogs.
To grow a YouTube channel, you must publish content consistently to generate traffic and build an audience base. Investing in a good camera and editing software can improve video quality and attract more viewers.
Don’t forget to practice YouTube SEO. This includes adding relevant keywords and tags to the video titles and optimizing video descriptions for search engines.
Aside from being a great way to make money online, starting a YouTube channel can benefit a brand. YouTube videos can generate leads and help redirect traffic to your website. They also have a better return on investment than images, making them a great marketing tool.
12. Apply for Freelance Jobs
Freelancing is a great way to make money at your own pace. You have the power to choose clients, set your own hours, and determine your rate.
You can offer all kinds of freelance services. Some of the most in-demand freelance skills include web design and development, translating, accounting, and video production.
To get started, sign up on some of these freelance websites and start scouting for gigs:
Upwork. Focuses on large projects requiring freelancers with specific skills.
Freelancer. Provides 1,800+ categories of freelance work opportunities.
Guru. Offers projects from individuals or small to middle-sized businesses.
Make an online portfolio to supplement your profile on job marketplaces and improve your chances of landing high-paying projects.
Finally, make sure that your pricing structure aligns with the time and effort required to finish each project.
13. Become a Website Developer
The average base salary of a freelance web developer is around $72,000/year. Moreover, the employment of digital designers and web developers is projected to grow by 13% between 2020 and 2030. So, now is a great time to jump into the industry.
The first step to becoming a web developer is to choose a web development specialization. Doing so will save you time, money, and energy and help you stand out from the competition.
After choosing a specialization to pursue, learn how to code. Plenty of websites and courses can help you get started:
Coursera. Partners with 200+ universities and companies to provide certified courses and specializations.
Codecademy. Perfect for beginners who want short and interactive courses.
Udemy. Choose from a wide range of on-demand courses in many languages.
If you’re thinking about joining the web development business, consider participating in a coding boot camp like Alchemy Code Lab or Rithm School to enhance career advancement opportunities.
14. Become a Graphic Designer
An average base salary of around $58,000/year makes graphic design another high-paying career worth pursuing. For creative individuals, it’s an excellent way of making money online.
The career path of a graphic designer is similar to a web developer. After choosing a specialization, the next step is to learn the required skills. Many design courses are available on various eLearning platforms to help you get started.
For example, a web designer must study user experience, user interface, and the basics of HTML and CSS. Meanwhile, a logo designer should master color theory, typography, and design tools like Adobe Illustrator and CorelDRAW.
Here are some of the best sites to make money online via graphic design gigs:
DesignCrowd. Offers a wide range of projects, from logo and website to billboard design.
Minty. Ideal for skilled artists looking for design projects with automatically generated contracts.
99designs. Provides high-quality graphic design services in numerous categories, such as websites and apps, clothing and merchandise, as well as business and advertising.
15. Become a Content Writer
For those with a knack for writing, becoming a content writer is one of the best ways to earn money online. Content writing makes for a profitable side gig or full-time remote work with an average pay of around $64,000/year.
In addition to writing skills, this career path may require SEO knowledge. Knowing the basics of HTML and CSS can also help format your writing, especially when working with a content management system (CMS) like WordPress.
Many content writers have websites to showcase their writing skills and work portfolios. If your blog takes off, it’s also possible to make money online by monetizing it.
Try your luck on job boards like Fiverr and Freelancer where tons of freelance content writing gigs are available. Alternatively, join a content writing agency to get steady work opportunities.
Some of the best content writing agencies to work with are:
Verblio. Provides all kinds of content types, from blog posts to press releases.
SEOButler. Seeks freelance writers based in the US and UK.
Express Writers. Hires writers and editors to work with a massive network of clients worldwide.
Textbroker. Offers gigs to write unique custom content with free registration, flexible time management, and weekly payments for US citizens.
16. Become a Video Game Streamer
Streaming has taken off in the past few years, generating an average of around 2.5 million weekly viewers on Twitch alone. It’s an ideal way to make money online if you’re good at playing games and enjoy being in front of a camera.
Streaming platforms like Twitch, YouTube, and Facebook offer partner programs, allowing streamers to accept ad revenue and tips from their audience. Video game streamers can also earn money from brand deals, sponsorships, and merchandise sales.
The amount of money you can make depends on your following’s size. For example, the Canadian streamer Shroud has an estimated net worth of $8-$12 million and over 10 million Twitch followers.
17. Become an Influencer
The continuous rise of social media has made influencer marketing a popular choice to make money online.
Like affiliate marketing, companies pay influencers with large followings to market their products and services. The main difference is influencers aim to impact people’s buying decisions instead of simply bringing leads.
Like streamers, how much money influencers make significantly depends on their following.
The most critical aspects of being a profitable influencer are cultivating a personal brand and becoming an authoritative voice within your niche. This will help attract sponsors and advertisers.
Although many influencers are on Instagram, you can take advantage of other platforms like YouTube and Twitter to build a following and create different types of content. Learn which content types work best for each platform. The social media platform TikTok, for example, is excellent for people who want to create viral videos.
Help business owners attract their target audiences and improve sales performance by offering marketing services. These services may include SEO strategies and social media management.
It’s a great way to make money if you’re already familiar with these concepts or want to develop your skills further.
SEO services can help sites rank higher on search engine results pages (SERP), receive more traffic, and generate leads. You must have SEO skills like link building and keyword research to offer these services.
On the other hand, providing social media management services means planning and executing marketing plans on various social platforms. These activities encourage better audience interaction and higher brand recognition.
An excellent social media manager should keep up with trends, identify a brand’s target audience, and track social media data for better results.
Many resources are available to help you learn SEO. Consider getting an SEO certificate from reputable platforms like the Semrush Academy or take a Google Analytics course to deepen your knowledge.
When you’re ready to monetize your skills, offer your services on job marketplaces like Fiverr and Freelancer. Consider applying to a marketing agency as a digital marketer for a long-term career in this field.
19. Create an App
Creating an app is one of the best ways to profit from rapid mobile digitalization. Make money online by creating paid apps or selling them to other companies. Alternatively, launch a free app and make money via in-app advertisements.
Creating an app as a side-hustle is also an excellent way to hone your coding and web development skills.
For those with little to no coding experience, there are many beginner-friendly mobile app builders:
Appy Pie. This app builder employs a simple three-step process to help you create an app with a great user experience. The pricing ranges from $16–$60/app per month.
AppInstitute. This app builder for busy small business owners makes it easy to create mobile apps without coding knowledge. Pricing ranges from $59-$340/month.
Mobincube. An intuitive app builder for launching an app in four easy steps. It offers a free plan in addition to the paid ones. Premium pricing ranges from €35.88-€1,199.88/year.
Here are the steps to create an app:
Get inspired. Consider creating surveys, conducting interviews, or running a focus group discussion to find out what is missing on the market.
Conduct competitor research. Search existing competitor apps and read their reviews. Take note of what users like and dislike about them.
Start building. Start coding or use an app builder.
Launch. Submit your app to the App Store or Google Play Store and await approval.
Market and monetize. Practice marketing strategies and start making money online.
A laptop or a device with a built-in microphone is enough to start a podcast. However, we recommend investing in good audio equipment and software to improve recording quality.
All you need is a topic to talk about and engaging communication skills. You can make a podcast about any topic, from financial tips to true crime.
After recording and editing the first few podcast episodes, find a podcast hosting platform to make them available online. Some of the best ones include Buzzsprout, Resonate, Anchor, and Spotify.
Most podcasts primarily make money from sponsorships. Once your podcast has attracted a following, consider signing up for production agencies like Podfly or Pacific Content to grow your brand, quality, and audience reach.
Make sure to promote the podcast on social media and other platforms, like on your own website. A podcast theme and an audio player can help boost the podcast’s brand identity and discoverability.
21. Become a Travel Consultant
Border restrictions are easing up, and people are starting to travel again. The tourism industry is surging, resulting in higher demand for travel consultants.
Travel consultants curate the ideal travel experience for individuals and businesses. This job is fantastic for well-traveled individuals or locals who love sharing the best spots in town to make money online. However, you can also do this job remotely.
The average base salary for a travel consultant is around $78,000/year in the United States. The job’s benefits include a flexible working schedule and opportunities to travel.
Start your career by getting familiar with popular travel management software tools. Additionally, consider taking tourism, hospitality, or foreign language courses to improve your credibility.
Promote your services on your own website. Take inspiration from consultants like Wanderlust Travel Consultants and TravelBoecker Adventures. Alternatively, sign up to become a travel consultant or trip designer on platforms like Reco.
22. Publish eBooks
The rise of self-publishing has made it possible for anyone to publish eBooks. It’s an excellent option for beginners since there are no printing or shipping costs.
To publish an eBook, submit your writing to a self-publishing platform. There are two types of publishing companies – retailers and aggregators. Retailers sell books directly to customers, whereas aggregators distribute them to retailers at additional costs.
The revenue you generate from eBooks depends on the publishing company’s royalty policy. For example, Amazon Kindle Direct Publishing pays up to 70%royalties for books sold on the Kindle store.
Here are other eBook publishers along with their royalty rates:
Smashwords. The world’s largest indie eBook distributor, charging a 10% commission when selling to other retailers and libraries and 15-18.5% when selling on their website.
Before self-publishing an eBook, don’t forget to thoroughly check for any formatting issues, typos, and grammatical errors. Also, consider hiring a graphic designer to help create an appealing eBook cover.
23. Start Email Marketing Campaigns
The number of email users is projected to surpass 4.5 billion in 2025. Email marketing has become a powerful tool to generate leads and turn audiences into customers.
The key to executing a successful email marketing campaign is to build a quality email list. If you have your own website, add a pop-up form with a personalized call-to-action button on the landing page.
Other methods to encourage email subscriptions are discounts, free shipping, giveaways, and pop-up surveys. The goal is to cultivate anticipation for your email updates.
The next step is to formulate and send email newsletters. Platforms like Mailchimp or Constant Contact help manage email campaigns. They offer tools to track sales, engagement, and audience growth.
If your website runs on WordPress, try installing a newsletter plugin for better email automation and a more straightforward email-building process. Lastly, consider conducting periodical A/B testing to determine the best email strategies.
24. Become a Virtual Assistant
If you enjoy organizing, planning, or doing administrative tasks, becoming a virtual assistant is a great way to make money online. A virtual assistant provides support services for individual clients or businesses.
Many virtual assistants are independent contractors. Besides being free to work remotely, becoming a virtual assistant requires minimal startup costs. Plus, you can earn an average annual pay of around $58,000/year.
Some skills to master as a virtual assistant include communication, time management, and writing.
Knowing how to operate online tools and software for bookkeeping and project management is also essential. Virtual assistants often use popular platforms, including Google Drive, QuickBooks, and Asana.
The easiest way to market your services is through online platforms like Fiverr and Freelancer. Alternatively, sign up for a virtual assistant company and make money by working with verified clients.
25. Invest in Stocks
Becoming a stock investor is a great way to make passive income. Start by purchasing a share in a company and selling it once its value increases.
It can be tricky in the beginning. Fortunately, many blogs, podcasts, and YouTube channels offer trading advice. They often provide insights, tips, and tricks about stock trading strategies.
Watching videos of market news and trade reviews by stockbrokers can help. Rayner Teo and WhiteBoard Finance are among the many stock trading channels to follow.
The easiest way to buy stocks is through an online stockbroker facilitating transactions. Here are some top picks:
E*TRADE. Ideal for long-term investors looking for a zero minimum deposit.
TD Ameritrade. A commission-free trading platform with excellent customer support.
Fidelity Investments. Provides fractional shares – enabling investors with limited capital to participate in the stock market.
Charles Schwab. Offers a wide range of investment products, including international stocks and exchange-traded funds.
How to Choose the Best Way to Make Money Online
After learning all of the ways on how to make money online, it’s time to narrow down your options.
Realistically, most people can’t tackle more than three choices. To help you make a decision, evaluate the following factors:
Effort. Consider the time you’ll spend setting up and exploring the new venture and whether you have the required skills or experience.
Cost. Estimate whether you have the budget to start the online business.
Interest. Don’t choose an idea just because it seems like an easy way to make money fast. It’s important to opt for a venture you are genuinely interested in.
Potential. Recognize the monetary potential of the chosen idea and whether it can be profitable in the long run.
Conclusion
In this article, we covered several ways of making money online. There are plenty of money-making ideas, so pick the most suitable one according to your financial situation, skills, and passion.
If you want to sell online, consider starting an online store. If you have a limited budget, auction second-hand clothes, self-made designs, and stock photos. Alternatively, make money by adopting the dropshipping business model by sourcing products from a third-party supplier.
Professionals who want to monetize their skills can offer tutoring services and online courses. Web development, graphic design, content writing, and SEO are a few skills with high employment and salary rates.
Since not everyone can commit to a full-time job, freelance gigs may suit your preferences better. Try voice-over work, start a podcast, or become a streamer if you love engaging with an audience.
Alternatively, experiment with blogging and monetize the website with ads to generate passive revenue.
Now that you’ve learned how to make money online, get ready to work hard and reach your goals. Good luck!