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How to Make Money Online 2020: A Beginner’s Guide

By July 24, 2020 September 15th, 2020 No Comments

In uncertain times, you may not have full confidence that you will receive your paycheque. As 2020 has shown many, life happens, pandemics cause havoc, and people are dispensible in their careers. Now is the time to hustle and learn how to make an income online. A lot of people are reassessing their skills to assign them to tasks that suit the virtual marketplace. 

Top Ten Ways To Make Money Online in 2020

Whether full time, as a freelancer, or just a few hours when you have spare time, with some grit and determination, you can navigate uncertain times. There are numerous avenues that you can take to earn money online. Here are our top ten:

1. Complete Online Surveys and Tasks

Online survey sites are plentiful for your side hustle. They serve as a market research tool for various businesses. As an incentive for consumers to complete surveys, websites offer rewards, free gift cards, or PayPal cash for participation.

With an internet connection, at home or away, you can complete surveys and other tasks on the go. Research surveys seek to gain information from all demographics, so this is an easy way to earn money online, no matter your positioning or skillset. 

Our favorite online survey sites and apps that give you real money include:

2. Do Your Shopping Online

Shopping portal sites combine spending money with earning money. The sites serve to direct consumers to the retailer sites, and in return, they can give cashback to their happy shoppers. Shopping sites like MyPoints, ShopatHomeUpromise, and more, allow you to shop at hundreds of retailers through their apps or online store.

3. Become a Freelancer

Work for clients around the world by becoming a digital nomad. You can start with a side hustle and develop it into a full-time income. If you are a developer, web designer, graphic designer, social media marketer, writer, virtual assistant, or offer any skills that can be executed remotely, then freelancing is for you.

Sites like Udemy allow you to hone your skills with an online course. By visiting websites like Upwork or Fiverr, you can list your services for free and get jobs pitched to you. As a freelance writer, you can create an online CV on Clearvoice, wait for the work to come in, and then use the platform to complete and manage your workload.

5. Google Adsense

If you’re a blogger or already have your own website, then you can make money with Google Adsense. Adsense is placed advertising on your website through banners and selected spaces. For every click, you earn some buckaroos. Your website needs to generate a lot of traffic to make it profitable. To maximize visitors, use search engine optimization (SEO) writing in your content. Adsense provides a passive income for business owners. 

6. Start An Online Business

E-commerce sites can be very successful for small business owners. If selling your own products on Etsy or Amazon has been a roaring success, then you can create your own website for further sales. Directing buyers to an official website also gives your product credibility.

7. Avoid Handling Products and Start a Dropshipping Store

Don’t have space to deal with inventory? Dropshipping is when you partner with one or many wholesalers to sell their products. You create a website, list products with a markup price, place them on your eCommerce store, and accept payments. Once that is done, then the wholesaler does the rest to prepare the product and ship it. If you can handle the admin for this, then it can be a simple way to earn an income. 

8. Turn Your Hobby Into An Income Generating Tool

If you’re always the one snapping photos, but not sure what to do with all the images stacking up in the cloud, consider listing them on stock sites. Many sites allow you to create a free profile and then upload your pictures for others to buy. If you’re into portraiture, just make sure you have model release forms (downloadable from most stock sites). A good place to start is Adobe Stock or Getty Images.

9. Social Media Influencer

Do you have thousands of followers on social media? Are you business savvy? A social media influencer can earn a lot of money from affiliate marketing, which is when companies provide remuneration for influencers who promote their brands or products.

10. Earn Money by Reviewing Websites

With a little know-how and a loud opinion, you can review websites for cash. UserTesting.com is an excellent platform that pays you to share your thoughts on brand websites, latest technologies, and innovative companies. Sign up is easy; tests are straightforward, and you can review sites in your spare time. 

Always do your research and avoid scams or anything that looks suspicious. Be skeptical about offerings of free money without any legwork. There are simple ways to make money online with minimal input. To earn a lot of money, you need to invest hard work to create a lucrative side hustle. Strategize to find the best online money-earning option for you, and before you know it, you could make $100 fast with any of these above mentioned methods. 

Consistency, perseverance, (and an internet connection) are the tools you need for any virtual, online job. Happy earning!

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