Do you fear losing your job? Is Covid-19 making you financially worried? Are you looking to have an additional income source along with your full-time job? If the answer is yes to the above questions, then you are at the right place. In this article, I will tell you how to make money during Covid-19.
Covid-19 or Coronavirus has taken the whole world under its grip. A microscopic creature is big enough to infect not only humans but also affect the economies of the superpowers of the world. One of the worst things to happen post-COVID-19 is jobs/business losses. So, let us see how to remain financially stable and make money during the COVID-19 crisis.
The impact of COVID-19
We have already started witnessing the damage this pandemic is causing to the healthcare systems, infrastructure development, IT sector, stock markets, and various other sectors of 90% of businesses/industries globally.
Almost every business owner, salaried, and professionals is fearing for the worst. Millions of job losses are already in pipeline and the industrialists, and business tycoons are incurring losses in billions of dollars every day.
The experts are estimating several years to overcome the economic crisis post-COVID-19 and the future seems really bleak for the existing and younger generation for their professional and financial growth.
How to make money during Covid-19? Internet is the source
Recently, lots of people have started researching the internet extensively in search of alternative ways to make money. Whether you are a salaried professional fearing the lay-off or someone who is looking for a job, the internet is the best source to provide you with earning solutions in the economic crisis provided you have a computer/laptop with an internet connection.
You can earn passive income by doing online surveys at Swagbucks.com, be creative with print-on-demand, and e-books at Redbubble.com and Amazon Kindle, and offer freelancing services at Fiverr, etc. But here, the earning opportunities are limited to your potentials and may not lead to speedy growth.
On the other hand, there are some really potential earning sources online that will help you in making money full-time. Through proper research, learning, hard work, and dedication you will be able to earn money that could be enough to replace your existing job.
Earning opportunities online
1. Affiliate Marketing:
Affiliate marketing is one of the best sources of earning money online consistently. With proper learning, guidance, and hard work you can earn consistent income regularly in thousands of dollars. This is one legitimate way to make money online for years to come.
The basic requirement to achieve success in affiliate marketing is through education. You need to have the appropriate knowledge and resources to be successful in building an online business.
Understanding Affiliate Marketing in 4 simple steps:
1) Someone researches the internet for information.
2) You become the source of information through your website.
3) The researcher finds your source of information through search engines and takes action.
4) You earn revenue in commissions through affiliate programs.
In essence, you get an opportunity to explore a different online world, learn new skills, implement and establish an online business that will reward you consistently.
Affiliate marketing education and training require you to invest some amount to start and scale your online business. There are a number of platforms online that offer affiliate training such as Clickbank, Amazon, etc.
One of the best platforms for learning and building your online business through affiliate marketing is Wealthy Affiliate.com. It has a free starter membership that offers basic training in affiliate marketing along with 1 free website building and hosting to provide you initial guidance in establishing your online business.
The premium version is way ahead in terms of training, guidance, and support that is really helpful to establish you as an online entrepreneur successfully.
Transcription services are meant for converting the recorded audio/video files into text files. The files are recorded for general interviews, legal proceedings globally, and need text conversion.
There are a number of online platforms offering freelancing positions that require fluent knowledge of the English language and decent typing speed.
You are free to apply and join as a freelancer and with proper understanding and rigorous hard work convert it into a full-time job. Experienced transcriptionists are able to earn between $1000-$2000 a month.
Some of the best transcription platforms online are Scribie.com, GoTranscript.com, Rev.com.
Join Scribie.com for free
3. Domains Auctioning:
Domains are always a hot topic in the online world. Every online business starts with domains and there are millions of searches performed every day to find appropriate and relevant domain names by the business owners. Domain buying and selling is another way of earning potential income.
With proper knowledge, guidance, patience, and experience, you may be able to earn thousands of dollars with a minimum investment in every auction. The basic requirement is internet research and domain auction membership.
Some of the best domain auction platforms are Godaddy.com, Sedo.com, Flippa.com.
Join Flippa.com for free
Convert Covid-19 into an opportunity to find other ways of earning money
You have to be smart in choosing your options for making money online. There are thousands of options available on the internet that serve you fully-blown balloons which become flat with the time and some may even forge you financially with their cheap version of offers with zero returns.
The above methods and platforms are proven formulas for success in making money online especially during the financial and health crisis as evident today (COVID-19). These are the ways that require minimum or no investment to start earning a good amount of money that will act as a backbone during your crippling financial needs.