Home is cozy and relaxing. The desire for everyone is to stay home yet clear your bills, enjoy the luxury, and still have some money for a holiday once in a while. What if I told you that there are genuine ways to earn a lot of money while working from home?
Whether you are a student, adult, or even a senior, the idea of working from home while earning a decent salary is real.
Earning while at home will require some capital and skills. Luckily, the start-up capital is so minimal that saving on a meal or timing your expenditure will be enough to raise the money. Working from home does not require the establishment of an office in the garage. Your bedroom or even the coach is enough to get you started. And what’s more, you get to earn as much as you can. Here are excellent ideas on how to earn a decent income working from home.
1. Freelancing
Freelancing is for anyone with any skill that you think the world requires. Whether you are an engineer, graphics designer, artist, tutor, accountant, and any skill in between, freelancing is for you.
Freelancing involves hunting for clients and serving them wherever they are instead of directing them to an office. The clients call you through the phone or can contact you over social media without considering whether you have a physical office.
Freelancing is easy because clients will only contact you when they need services. Charges for freelancers are usually lower because you do not have office overheads or expansive structures to maintain. Because of the low cost of freelance services, many clients will turn to you, resulting in higher revenues.
But freelancing also requires a strategy to succeed as well as earn you money. Here are tips on how to succeed as a freelancer
- Identify your skill or trade– what will you offer people so that they can pay? Is it accounting skills, graphics design, illustration, or what will you be serving the freelancing market with? Since you will be competing with established institutions and brands, you must offer an irresistible deal.
- Publicize the skills- let people know that you offer particular services. Create an online profile indicating your training, experience, and expertise in handling client needs. You may register onto freelancing websites or create a personal website. It must be professional and compelling to attract quality clients.
- Identify a paying mechanism– a secure, accessible, and reliable payment system is necessary for freelancers. A common remote payment method makes it convenient for clients to pay you from any location. Choose a method that guarantees the security of money and personal details of your clients.
- Offer quality services– freelancers are looking for the best bargain. The absence of an office and lack of contact should not be an excuse to deliver shoddy work. Once you meet the expectations of your clients, they leave positive feedback on your profile and are likely to refer you to their associates as well as return to you for more business.
Freelancing requires professional ethics as if you are working in a physical office. Know where to get your clients and develop a rapport that will guarantee continued services. Use the internet to market your freelance business and you are halfway to earning a fortune.
2. Online Tutoring
Online learning is picking pace as people target enriching their skills set. Luckily, learning is not only taking place in institutions. People are ready to learn from individuals who can demonstrate the competence. In other cases, teachers are allowed to create virtual classrooms outside their working hours to teach snippets of the skills they already possess.
An online tutor is required to develop content in a particular area. It could be piano, accounting, web development, illustration, language, and thousands of other areas. Invite people to follow your channel or set up a subscription-based training program. The videos or materials can be prepared while sited at the table or on the coach.
How do you earn from online tutoring?
- Host live classes through subscription
- Upload materials on video channels and earn through the traffic generated
- Get endorsements from institutions, product manufacturers, and service providers to market the brands during training.
Success as a freelance tutor requires a strategy. One of the most important aspects is to invest in a camera and studio that can facilitate quality recording. The audio and videos must be clear and easy to follow. Create captivating content that a student or follower can consume without hitch. If your content is popular, your channels will generate significant income. Use social media and other digital marketing strategies to market your tutoring classes.
3. Blogging
Blogging involves creating content targeting internet traffic. The content may be in video, image, or text format. A blogger peddles information, taking advantage of search engines and internet usage habits to rank high as well as attract revenue from advertisers.
A blogger needs a platform. The platform may be a website or social media channel, as long as masses can access your information. Please note that not all bloggers earn money online. In fact, some have been blogging for years yet they have never made a penny from their engagement. So, how do you make money as a blogger? Here is a guide on how to monetize blogging.
- Identify a Niche– what will your blog be about and who will be visiting your blog? There are popular blogs ranging from sports to gambling and digital marketing. However, these niches are highly competitive. Consider your passion when setting up a blog because it will sustain your energy until the blog makes enough money. Passion also helps you to produce captivating blogs that direct more traffic to the site.
- Set up a Blog– brand the blog so that your target audience begins to notice your effort. Choose colors, images and graphics that give an idea of the industry you serve. Choose a blog hosting platform that is aligned to your blogging goals. When a blog looks professional, it gains traction and traffic, making it easier to monetize.
- Create Content– choose an interesting angle for your content to make it interesting. Based on the platform and needs of your audience, identify the best type of content. You have the options of text, images, and videos. These diverse types of content may also be blended to make your blog engaging.
- Monetize the blog– tap into revenue out of traffic or get endorsements through the blog. You may also opt to sell goods and services on the blog. There is no limit on how soon you can monetize a blog. As long as people are willing to pay, the blog can help you make many even on the first day.
Blogs require consistent and quality content. Create a community by engaging your followers. Take their feedback for use in enhancing the profile of your blog. The potential of a blog to make money is endless, yet it does not require any advanced skills.
Want more information and free training on affiliate marketing and earning money with blogging, be sure to visit our number 1 recommendation: Wealthy Affiliate
4. Virtual Assistant
Work as a virtual assistant and you will never have to leave home. Virtual assistants help organizations with tasks that do not necessarily require physical presence in the office. It is one of the fastest growing professions online.
As a virtual assistant, you need to know office processes. They include answering mails, keeping a diary, setting appointments, and answering mails, among others. Virtual assistants also respond to social media, calls, and other query channels that the business may have provided to its customers. In other cases, you will be booking flights and reserving rooms or tables for guests.
A virtual assistant needs excellent customer management skills. You also work as the personal assistant to the boss or perform duties that these assistants perform. A phone is enough to start a job as a virtual assistant. It is an advantage to have a laptop for convenient handling.
Depending on the client, you will need to learn the system used to manage appointments or handle clients. Such systems will differ from one client or industry to the other. With basic tools and skills, this is a zero-capital job to start from home.
Virtual assistant are paid based on the hours of engagement. Like freelancers, you are at liberty to seek multiple clients, some outside your time zone. You will be working in one of the most lucrative stay-at-home-jobs.
5. Product Reviews
The number of products in the market has increased significantly, leaving customers uncertain about what to buy. Marketing information, on the other hand, is so biased that it has been tagged as unreliable. Buyers are now turning to customers for reviews.
Product reviews require you to buy the product and actually use it. Viewers or readers are hoping to tap into your experience when making a decision on whether to buy. Product reviews can be in text or video format. You may also use a podcast of audio to review the products.
It is easy to review products from home because all you need is a camera and a laptop. In fact, a phone camera is enough to capture your reviews and convince potential followers that your reviews are authentic. When using text, you have to capture a few images to guide your viewers.
Where is the money when reviewing products? Well, product reviews make money through two mechanisms;
- Traffic– once you establish a rapport with your followers, they will always return to your channel for more. The traffic will help your blog or video channel to attract advertisers. This channel requires patience and the ability to convince viewers to turn to your channel.
- Endorsements– once you have established your name as an expert reviewer and have a significant following, product manufacturers will begin turning to your for endorsement. They want you to feature their products at the expense of their competition. You will be charging the manufacturers for appearing on your channel.
Product reviews requires you to win the confidence of your followers. Provide factual information and help them to make better buying decisions. Write engaging content and prepare videos that will get interested persons returning to your portal. You must also provide new and interesting information that adds value to the lives of your target audience.
6. Drop Shipping
The biggest challenge for entrepreneurs in the consumer goods sector is capital. The challenge emanated from the traditional mode of doing things where you needed to buy goods in bulk, put them in a warehouse, then begin looking for customers. It translated into humongous capital demand, warehousing expenses, and the possibility that these goods might not sell, leaving you with dead stock. Such a mode of operation sent a lot of people away and out of business.
Drop shipping is a game changer for sellers. It allows you to only buy goods when you have identified a customer. It eliminates the need for warehousing and the huge capital required to buy beforehand. Further, you do not require a physical store to set up your business.
In a drop-shipping business, the store is online. You advertise the goods on your website, social media, or market places. You have to provide contact details and organize shipping logistics. If a potential client is interested, he will send a request through to the contacts provided. You only buy the quantities needed, organize for the delivery company to pick from the warehouse and deliver. In fact, you might never come into contact with these products. Upon delivery or according to the agreed logistics, the client pays and you have your money without leaving home.
Drop shipping requires good market research. Identify products that can sell online, logistic companies, and a reasonable pricing model. If you are a prolific internet user, you can start the business without even spending a dollar on capital.
7. YouTube Channel
The world is consuming millions of videos every day. These videos are created by people using phones and some of the simplest cameras you can imagine. Owners of these channels are also racking in millions of dollars, just by producing a few minutes of video using a phone and uploading it on the internet.
A YouTube channel is similar to a blog. In fact, it is a blog, only that content here is primarily video. Monetizing videos on YouTube is also easier compared to other platforms. That said, here is how to make money using a YouTube Channel.
- Identify a Niche– competition for attention on YouTube is extremely high. As such, you must choose an industry where you can compete fairly and make money. Choose an area that you can authoritatively address using videos. People must also be willing to consume video content on the subject you are covering. Remember that YouTube pays channel hosts based on the number of viewers.
- Develop Engaging Content– shoot videos that will capture the attention of viewers until the end. Bear in mind that people will abandon videos within the first five seconds if it is not interesting. Use quality visuals and sound to keep viewers glued to the screen.
- Promote Your Videos– use such channels as Facebook, email, and even Instagram to promote your videos. It increases viewership, raising the profile of your channel while also boosting your revenue.
- Monetize– register to earn money through your YouTube channel. You must have achieved a set number of viewers and subscribers to earn. Endorsements are also possible when working with YouTube. You must sustain the momentum to keep earning from your videos.
YouTube requires a lot of consistency to keep the traffic flowing. Transcribe your videos and include the text in your description so that the video can rank during searches. Use social media to turn your video viral and increase your revenue.
8. Become an Influencer
Influencers are people who demonstrate passion for a particular industry, attract a large following, and then turn to products for endorsements. For instance, you may be a travel enthusiast running a social media account or YouTube channel. Hotels, tour companies, clothing manufacturers, and such industries will turn to you to review and endorse their products.
Influencers are sometimes celebrities working in other fields. For instance, a journalist may attract a sizable following because of his professional work. Actors also attract crowds to their social media accounts and later turn them into influencer platforms.
An influencer must pick a particular industry based on his followers. The journey begins with offering value through your social media platforms. The crowd you pull will then invite brands to advertise on your pages through endorsements. Every brand that appears on your channel must pay. This is one of the fastest growing remote work options.
Millions around the world are earning handsomely while working from home. While it appears easy, you must work to promote your brand and gain the confidence of your target clients. Choose a niche that is easy to monetize and allows you to deliver value to your customers, albeit remotely.
About the Author
Jack Lee is a journalist student already making money while still learning in class. He submits his homework to Assignment Geek so that he can get more time to earn without compromising his academic work. Jack finds satisfaction in sharing his experience with fellow students to make their college experience better.
