Tips on how to make money on the online space.

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Since the pandemic hit the country, tough economic conditions have caused a large number of businesses to close their doors. Simultaneously, others have adapted to the changing times and begun selling their goods and services online.

This shift to the online space is seen as a cost-cutting measure because setting up an online shop does not require a large investment, as well as a market opportunity because, in this day and age of working from home, almost everyone is online, creating a ready market.

If you are unemployed or simply looking for a side hustle, here are some ways to make money on the internet:

  • Online Store

Nowadays, the internet has made it simple to set up a shop on the internet from the comfort of your own home and sell your wares. A shop can be set up on any of the online platforms such as Facebook, Instagram, and even Twitter.

All that is required is to create a profile, take stunning photos of your products, and post them on the timeline for your clients to view. However, to build a following who will then form your customer base, you must be very interactive.

  • Web Development on the Side

Because of the current financial environment, there aren’t many job opportunities for those who have graduated from universities and colleges. Those who have studied information technology can put their skills to use by working as freelance web/software developers.

There are opportunities for such developers as many businesses move to the online space. All that is required is to hone one’s skills so that they can deliver quality to their clients while also marketing themselves.

  • Blogging

Blogging is the creation of written content for the online world. To begin, one should identify the niche that they wish to exploit. This can be lifestyle, I.T, or business, among other things; however, it is best to choose a niche that is related to one’s passions/interests, as this will make it easier to be consistent in the long run. To attract and retain an audience, high-quality content must also be produced. Once you have the figures, you can begin monetizing your blog through affiliate marketing and advertising.

  • Marketing on the Internet

Because of the popularity of social media, businesses have shifted their marketing budgets to the online space to compete for eyeballs. This has created a market for influencers, who are essentially people with a large following on various social media platforms.

Individuals are thought to be able to influence the tastes and preferences of their followers, so companies pay them to market their goods and services.

If you have a large following and are knowledgeable about a product, you can approach the marketing department of the company you want to work with or the agency in charge of the account. Make sure you have metrics to back up your claims, as well as a presentation outlining the value you will bring to the brand.

  • Podcast

People’s lives are becoming more hectic by the day, and as a result, they are seeking more passive ways to consume content. This is why podcasts are so popular right now, as they provide you with an excellent opportunity to build an audience and earn money. Here are a few suggestions for monetizing your podcasts:

  • Stream it live on YouTube and monetize it through ads.
  • Seek traditional sponsorship (advertisement)
  • Create and sell your products.
  • Start a Channel on Youtube.

YouTube is the world’s most popular video-hosting website, with over 5 billion videos viewed each day. It is the second most popular search engine, with the vast majority of its users looking to be informed and entertained. Just like when starting a blog, one must decide what niche they want to pursue. It should be something that one is interested in so that they can consistently produce quality and interesting content.

You can start monetizing with ads once you have 1000 subscribers and 4000 hours of viewing time. You can earn between Sh200 and Sh400 for every 1000 views. If you have 50 video clips that get 10,000 views per month, that translates to Sh100,000 – 200,000 in monetary gains.

  • Jobs in Proofreading and Editing

A proofreader searches for misspellings, incorrect/missed punctuation, textual and numerical inconsistencies, and other errors. Editing, on the other hand, addresses fundamental issues in writing, such as sentence structure and language clarity. Thorough editing will help to improve the document’s readability, clarity, and tone.

  • Virtual Assistant

A virtual assistant is an independent contractor who works from a location other than the client’s to provide administrative services. A virtual assistant usually works from home but has remote access to important planning documents such as a shared calendar. If you want to work as a virtual assistant.