Ways to earn money online Without Investment?
So, in corona times many of us are in fear of losing their jobs or uncertain about the salaries and future. So, this is the best time to think about an alternative option. How to earn money from home? Is one of the most searched topics online and is the question asked by many? Since most of us are looking for the opportunity to work from home part-time to easy ways to earn money and have a backup. But let me tell you there are no easy ways to earn money.
But If you are looking for ways to earn money online you are at the right place. Here I will tell you different ways to earn money online.
As we know there many offline business opportunities similarly, we have a pool of ways to earn money online while working from home.
So, the first thing you have to do is think about your passion, skills, and expertise something which you are good at and will love to do in the long run and then look in to the ways of earning money. This is one of the most important points you have to love what you are doing in order to be successful. Unlike a job where you have to work for long hours even if you are not interested. But in online business you should have interest otherwise you will end up losing your hope in online industries.
Many people just for the sake of money start online part-time work but could only do it for some time and ended up earning nothing. Because online is a game of patience and passion (zeal of doing something).
There are different ways to earn money online but before that you need to know Difference Between Making Money & Earning Money these are 2 different things. And knowing the difference can help you make a decision.
Making Money
Making money means creating something (product or service) that will make money for you. That’s completely up to you how many products you create and service you provide it's just that creating something that will help you make money in the future.
Earning Money
You can earn money by doing something for others and earning money through that.
Now that you know the difference between “earning money” and “making money”, which of these methods you would prefer?
This is completely your choice however I will try to list down all the options for you so that you can make well-informed choice for yourself.
10 ways to earn money online without investment.
- Freelancer
- Social media manager
- Logo or graphics designer
- Website designer
- SEO consultant
- Virtual Assistant
- Writer
- Captcha Solver
- Micro-worker
- Online surveys
If you know how to do any of these jobs, just head over to Fiverr and create a profile. Then just approach clients and send them your send a proposal.
There are many ways to earn money by doing online jobs. You only need to Google the term “ways to earn money online” and you’ll be overwhelmed by the sheer number of online job opportunities available.
Now let’s explore ways to make money online.
The best way to analyze the best business model is by subjecting the models to an analysis. We don’t want a business that will take years to make money. We want a business that fits the following criteria:
- Low Start-up Cost
- Short Time Frame
- High-Income potential
- High Passivity.
Furthermore, we want to identify a supply chain that’s already flowing and get in somewhere in the middle.
Actually, we don’t want to become manufactures or suppliers. We want to become middlemen or distributors. We want to start a distributor network.
The first Industrial Revolution was a time in history when people invented a way to automate the manufacturing of goods.
The Second Industrial Revolution was a time in history when people invented speed (automobiles, airplanes, rockets, etc.).
The third Industrial Revolution was a time in history when people invented a way to process information faster (computers, laptops, etc.)
With the help of technology, we can also automate the production of money.
You can just build a system that can enable you to promote or distribute goods in the market and services without even manufacturing them. The reason we do this is that there are probably more products and services waiting for people to move them to the market than there are consumers.
We want a business that can be automated and will help us start making money fast.
The technology to automate everything is already available cheaply.
Basically, the only tools you need are:
- A laptop or smartphone
- An internet connection
- Basic marketing skills
- A product offer or service to sell
One online business model that has been proven to work again and again in most cases with a low entry barrier and low risk compared to others, is Affiliate Marketing.
Why?
- Low barrier of entry
- No inventory
- No skills needed
- Low start-up capital
- Low risk
- No need for a website.
- Need I mention more?
- Affiliate Marketing
Affiliate marketing is a form of performance-based marketing where you earn a commission or revenue share based on your marketing efforts.
By signing up to become an affiliate marketer, you’re actually declaring that you want to become a distributor of goods and services for manufacturers or suppliers.
You can become an affiliate marketer by signing up with one of the thousands of affiliate networks. You can choose an affiliate network depending on the type of products you want to distribute or promote.
There are literally thousands of affiliate networks from There are many types of affiliate networks, but generally, most of the affiliate networks use the following compensation methods:
- Revenue sharing or Pay per Sale (PPS)
- Cost per Click (CPC) or Cost per mille (CPM, cost per estimated 1000 views).
- Cost per Action (CPA),
- The remaining programs use other rare methods.
These tools will help you in finding out your niche market and also give you an idea of what’s already making money online. Always choose medium or low competitive keywords because beating the high competition will be a mammoth task and can also take years to beat them.
Go for keywords with low competition which have fewer searches in a month depending on your particular niche.
Notice these are just the basics.
Always try to build a website or blog around your particular niche before you start, you also need to do extensive research of your particular niche, including feasibility, competition analysis, viability analysis, etc.
Register A Domain
Register a domain with a web hosting company. GoDaddy, Namecheap, or Bluehost are some examples of good web hosting companies.
The reason it’s a good idea to register a domain and create a website around a particular niche is that you want to build a business that you can sell if you get tired of it or need some cash.
Create A Website or Blog
Hire an expert who can help you in developing a website. Trying using Fiverr you can hire someone within 5$ who can design your website
WordPress platform will be an excellent choice for you and if you don’t want to hire some you can always trying designing your website by yourself. There are many tutorials on YouTube that can help you design your website.
Monetization
You can monetize your blog in various ways:
- Google AdSense
- Affiliate Marketing
- Banner Ads
- Syndication
For a person starting from scratch, you have a long way to go.
Try spending time reading about relevant topics like Blogging, Online Marketing, SEO, and How To Make Money Online.
This basically gives you an outline to start an online business.
The specific methods and means on how to go about it can be learned as you proceed.
For this, you will have to research online for good training and courses that will assist you to build an entire blogging system to make money online from scratch.
Here’s a basic blueprint of an Affiliate Marketing system
- An affiliate network where we get our affiliate link.
- A website or some kind of web presence. This could be anything e.g. a website or a social media account. Facebook pages, Facebook groups, Instagram, or Twitter will do well.
- A web traffic system, an email list, or an audience.
- A sales funnel generating leads by collecting emails
- An autoresponder to send emails and promote your offers
- A PayPal or Bank account to collect money.
Then just share your affiliate link with your audience, email list, Facebook friends, Facebook groups, Facebook messenger, WhatsApp messenger, Instagram account, Pinterest, and just about every other forum you can find on the internet.
Once you have done all the above steps, slowly you will see how the commission is pouring in your account. But you have to be patient. As in starting this can frustrating because it can take some time before the commission starts coming in as the competition has increased.
That it’s online making money is not at all difficult you have to go with the trend and understand the market. Once you are able to this you will start earning.
All the best!!
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