Long before 2020 arrived internet experts were talking about earning from one’s comfort.
To many of us, it was something we could always postpone as more pressing concerns like jobs, businesses, gyms, and, travel took our lives.
But, what about all those concerns today?
Most of them seem to have gone out of the window for a while leaving you with plenty of time in your arsenal.
So, why not put it to the best use and do what you’ve never had time for in the past?
Before I tell you about Proven & Best Ways to Make Money Online in 2020 let us look at why 2020 is the best year for online money-making:
· You Have Time In Abundance
The most common excuse you can give to procrastinate on any task is the scarcity of time.
Well, COVID-19 has taken that away from you.
Going out shopping, a hairdo, a party, a meeting, a job, or a business have all been chucked out of your bucket list, right?
Thus, you have plenty of time to think about which skill or way you want to Earn Money Online.
· You Can Consistently Work Without Distractions
Consistency is the key to success.
To put it in the words of Dwayne Johnson, a Hollywood actor- “Success isn’t all about ‘Greatness’, It’s about consistency”.
In 2020, your chances of success are high because you can stay consistent with your work.
You don’t have to visit your friends on weekends, your favorite coffee shop is closed and, all transportation is at a halt all thanks to the Coronavirus pandemic.
So, even if you want to get distracted, you can’t.
Just by cutting down on your daily dose of Netflix and Amazon Prime a bit, you can Make Money Online in Millions by investing a couple of hours on your desktop.
· You Have a Plethora of Options Available
Here is the best part. You don’t have to invent anything.
Everything is available for you to start working on. The digital industry only is worth over $435.83 billion in 2020.
You can choose a skill to cater to industry needs and get paid well in return.
Even if you don’t know any skill you can develop it. After the dark days of the pandemic are over, you will still generate some extra bucks in your free time.
Now, that you know why 2020 is the best year for you to start working online, let me tell you about 15 Proven & Best Ways to Make Money Online in 2020.
Here You Go:
1. Cryptocurrency Exchange
If you are interested in investing money to gain quick profits then Cryptocurrency is your best bet.
In this, you buy cryptocurrencies such as bitcoins. Every bitcoin holds a rate. For example, the current value of 1 Bitcoin= is 6,93,994 INR.
How Does This Work?
You buy and sell these bitcoins according to the fluctuations in the global currencies.
Trading is always done in pairs.
For example, if you predict that the price of Indian rupees (INR) will go up against the price of bitcoin (BTC) in the future then you must buy INR/BTC pair and vice versa.
How To Start?
Upon visiting a cryptocurrency exchange website, you must register with them and complete your KYC.
You then have to deposit an initial sum of money which will be viewed as bitcoins with which you can start trading.
2. Blogging
Arriana Huffington, Rand Fishkin, and Brian Clark are some of the famous skillful bloggers who chose to explore the blogging path and got success.
The point is that If you have some experience or skill that you would want the world to know about then, you should consider blogging about it.
For example, if you are good at gaming, you can share tips, tricks, and hacks for various games that will help your audience to play better.
How does this work?
Once your blog is all set you can add Google ad sense to your blog.
Ad Sense will display ads on your blog and when a visitor clicks on it, the money will be credited to your ad sense account.
If you have some skills like graphic design or content writing you can sell that through your blog too.
How to start?
To start a blog you need to register a domain name and buy a hosting plan for yourself. You can then start posting content in the form of text, videos, and images.
To gain an audience you can either choose to run paid ads to promote your blog or optimize it with SEO organically.
3. YouTube Channel
The total user base of YouTube is 1300,000,000. A study shows that every minute 300 hours of videos get uploaded on YouTube.
The cool part is that this user base can be yours. Nothing is bounded on YouTube. Anybody from anywhere around the world can watch your videos.
How does this work?
You have to upload quality video content that people are willing to watch. Pornography and, Abusive content are prohibited by YouTube so, don’t look that way.
Upon uploading a video, you can monetize it using Google Ad sense.
Whenever a user clicks through to watch your video, he will see ads. The more view on ads, the more money you make.
How to start?
Through YouTube, you can Earn Money Without Investing Online all you have to do is create your channel and start adding intriguing videos.
4. Social Media Influencing
Social media is an active part of human life today. Businesses are moving online to gain traffic from sites like Instagram, Tiktok, and, Twitter.
You can make optimum use of these websites by becoming a social media influencer and making money.
How does it work?
You have to add value to lives by uploading quality content that intrigues people to follow you on Instagram, Twitter, and Tiktok.
The content can be about some skills that you are an expert in.
After you gain a significant following, brands will approach you for their product promotion and you shall charge them for doing a sponsored video or image post for them.
How to start?
Simply create an account on Instagram, TikTok, and, Twitter.
Start uploading content on all the accounts. Engage with your audience to gain followers by replying to their comments and adding comments to other posts.
5. Affiliate Marketing
In simple words, affiliates are those people who market products or services of businesses and get their commission in return on every purchase made.
How Does It Work?
You choose a trending product and market it over social media platforms or other traffic sources like guest posting or blogging.
You need to ensure that people that see your affiliate product are interested in it.
How to start?
To Make Money Online from affiliate marketing, you must choose a website that is inviting affiliate marketers to sell their products.
Register with them and get yourself a product link that you can further market on social media channels and blogs.
6. Online Community Building
Online community building is one of the Best Ways to Earn Money Online.
Wondering how?
Well, you have a segmented or like-minded group of people who have willingly joined your community.
You can build it over Facebook or Instagram as they are two of the best platforms to build communities.
How Does It Work?
You have to build your network over social media and add them to your community. Make sure they resonate with you.
How To Start?
You can start by creating a Facebook or Instagram group. Start adding people to the group and promote your product or service to attain sales.
You can redirect them to your website to gain traction as well.
7. Selling Online Courses
To Make Money Online by selling courses you need some special skill that you are a master of.
People are hungry for learning new things during the pandemic and if you launch your course you can cater to their needs well and earn from it.
How Does It Work?
You create a course based on your skillset and feature it on various websites.
How To Start?
Start by creating high-quality content in your course. Be informative and easy to understand then, visit websites, and feature your course.
Don’t forget to promote it across all social media channels.
8. Opening a Digital Store
Online stores are making millions of dollars every day. If you want a convenient way to Earn Money Online through your store then there is nothing better than drop shipping.
How does it work?
You have to tie up with your supplier and agree to pay a price on every sale. You create your online store and feature their product.
Once the order is placed by the customer, you pass it on to the supplier and he supplies the material to the customer.
You pay the agreed amount and keep your margin.
How to start?
Many websites allow you to start your dropshipping store. Register with them and start your business.
9. Online Photograph Selling
If you are photogenic then, you always have a source of earning open to you.
Wondering how?
Many stock photography websites like people to contribute. You can submit your shots and in return get paid for them.
How Does It Work?
You simply have to submit a photo that matches the terms and conditions for submission.
Different websites have different terms so, make sure you have the right picture size and dimension that they want.
How To Start?
Click a photo that resonates with the website’s audience and submit it.
10. Social Media Page
If somebody says that you cannot Earn Money Online from your social media Facebook or Instagram page then they are lying.
You can sell your product or service on social media and derive thousands of dollars from it.
How does it work?
You have to create a social media page and post relevant content on it. Your content must be interesting and informative.
Once you gain thousands of followers, brands will approach you and ask you to do paid sponsored posts from them.
You can also promote affiliate products over there to earn.
How to start?
Simply start by creating a page on Facebook and Instagram.
11. Consulting
Consulting can be done in different ways. You can become a career consultant or a business consultant based on your skill.
Whatever that you know you can help the world with, you’ll be paid for that.
How does it work?
If you have a degree in consultancy then, things will be easy for you.
You have to create a website and promote it on various channels like Facebook, Instagram, and, Twitter, etc.
How to start?
Start by creating a website for now. Post your degree and let people know you are authentic.
Also, create social media pages to let them know that you are up for work.
12. Freelance Content Writing
If you like to express yourself through writing then. Why not write for a business?
Content writing does not require any specialized knowledge and anybody who writes well can become a writer.
How does it work?
You can pitch businesses that need writers for their websites and become content writers.
Although, you need to study SEO-oriented content writing and sales copywriting pitching.
How To Start?
Head over to various job portals and search for companies who are providing freelance content writing work.
13. Online Trading
If you are good with number forecasting then, online trading can help you earn some serious money.
How Does It Work?
You have to choose an asset that you want to trade with. It can be bitcoin, currencies, or stocks.
After analyzing the current rise or fall in the markets, you have to decide on a time limit for trading.
Upon choosing the trading time and amount you have to invest in the trade and wait for the time to expire.
If you win, you take the amount + % of profit and if you lose, all the amount will be lost.
How to start?
Simply register with fixed-time trading and forex websites and follow the steps.
14. Online Gaming
If you don’t want to invest your time in learning any skill then online gaming can be a good option to Earn Money Without Investing Online.
How Does It Work?
There are a plethora of games out there that help you earn real money.
Some games require you to answer surveys while others ask you to play card games in a winner takes all stipulation.
How To Start?
Download any game that you like and start playing.
15. Domain Trading
Buying and selling domains is a good way to Earn Money From Home. It is hassle-free and there is no real skill required to trade domains.
How Does It Work?
You have to search for trending topics and visit domain-buying websites to purchase a trending domain.
After that, visit the relevant portals and websites where people are looking for such domains and post your offer.
How To Start?
Start by researching trending topics. It can be cosmetics, bakery, medical equipment, etc.
The Bottom Line
These 15 Proven and Best Ways To Make Money Online will help you in multiplying your monthly income for sure.
If you are someone looking for quick money then, you can do what I did. I started playing games and investing in fixed-time trading.