Team FlexiDollars has deep-probed and shortlisted the top 6 street-smart ways to make money online, with minimal investment. Looking for a smart second-income idea? Start right here!
1. Affiliate Marketing:
This is arguably the most tried and tested route to make money online in 2024, the primary choice of the budding, enterprising, digital entrepreneur.
So, what does affiliate marketing involve?
You need to first identify your ‘niche of opportunity. Ideally it should be an area you are knowledgeable or passionate about.
Next, you need to connect with the big affiliate networks like Shareasale, Clickbank, CJ Affiliate, etc. And you need to identify the top merchants whose products or services you can register to market. Once this is done, you can now focus on creating a simple, smart website or blog to promote the selected products or services.
Affiliate marketing demands very minimal investment and you don’t need to hold any inventory at all. You can easily earn 20% to 30% commissions on your sales. But it does require considerable time and effort to create your own website or blog. Once the basics are in place, then you need to spend just a couple of hours every day, marketing your products or services.
2. Become a Freelancer:
You have a number of freelancer websites like Freelancer.com, Upwork, Toptal, which offer a huge range of freelancer opportunities. Data Entry, Programming, Admin, Customer Support, Writing, Translation, you can choose an area that is your core competence and make good money online.
3. Take Online Surveys:
You can make money online by taking online surveys. Paid online surveys are quite simple. As a participant you answer some questions or complete some specific tasks and in return you are paid for the time and effort you have invested in the activity.
4. Content Writing:
If you have a flair for writing, then this is certainly the way forward. Right now, there is a huge demand for quality freelance content writers. Most of the big freelance websites like Freelancer.com, Upwork, Toptal, offer a huge range of content writing opportunities.
The key to success is to gradually build up a good portfolio of your work, in a specific niche. If you can establish your writing credentials, you can easily command top dollars per hour and make good money online.
5. Online Tutoring:
If you have a passion for tutoring, then you can make some serious money online in 2022! All you have to do is register and fill in your personal information in a good online tutoring website. And you have some very good tutoring websites to choose from – Skooli, eTutorWorld, Chegg Tutors, to name a few.
The other great advantage is, you can choose a time slot that is convenient to you. This is what makes online tutoring one of the most flexible and proven ways of making money online.
About the Author:
Chandra Shekhar is a Co-Founder of FlexiDollars as well as Rainmaker Interactive, a premier Digital Marketing Agency. With over 3 decades of experience across Brand Management, Advertising and Digital Marketing, Chandra shares his experience and expertise with aspiring young digital entrepreneurs. Chandra can be followed on LinkedIn here.
