Jobs have disappeared ever since this coronavirus or covid 19 pandemic hit our mother earth, and many people are forced to sit homes during this hard times due to the lockdown in various countries and states.
People have no place to go to, people are struggling to find money to buy their daily necessities.
People have no money, as many jobs are being shut down because of the lockdown.
So what should people do in these hard times? is there a solution for you to make money from your home without having to leaving your place? Is that possible?
Well we’ll discuss about that in this article.
Table of contents
- What has disappeared?
- How to Make Money From Home?
As you can probably already see by observing our current conditions that the situations are getting worse everyday, and people have no work due to which they can’t have money.
So they have to look for an alternative revenue sources inorder to be atleast making money to be able to fulfill their Basic necessities.
So in this article I’m going to talk about various things that you can do to Make Money From Home 2020 during these hard times, so let’s get started.
What has disappeared?
Almost everything or say every day job or day businesses have disappeared and due to this whole economy is shut down.
Chefs don’t have any work as all the restaurants have been closed, Dancers are not performing for the public as the general public is sitting in homes., Engineers are not going to work, plumbers are not going to repair anything, Labour work has been shut down, Teachers don’t have any work as schools and colleges have Been Shut down.
So you can guess how big of a problem this is and due to these jobs been shut down, now these people don’t have anything to do and probably they might also be falling short for money.
So to combat these situations they have to do something that’s going to make them money right from their home.
Yes you heard it right, you don’t have to leave your home for making money, you can make money from your home, with the help of that little device on your pocket or lap.
I’m talking about the smartphones and Laptops.
These devices will help you to setup your online businesses.
Don’t believe me? Let me show you how.
How to Make Money From Home?
Making money from home isn’t easy and if youre willing to work hard then money will come in definitely.
here are some of the best ways to make money from home online.
Start a YouTube channel
YouTube is a very big platform and is known as the world’s second largest search engine after Google.
Do you know why people upload videos on YouTube, obviously the people who upload videos There don’t do it for timepass or without any reason.
There’s a solid reason behind all the videos you’ve been watching since the past days.
There’s a monetization system called AdSense which pays you money whenever someone watches an ad on your video, or clicks on it.
That’s why people have been uploading videos on YouTube, I would not say that they are doing it just for the sake of money, but I can definitely say that uploading videos on the topic you’re good at and Creating a good fan base and audience would definitely pay your bills.
YouTube is best for people who are good at talking, who are not shy to come in front of the camera and can represent themselves better and in this way they can make videos on the things you love to do and eventually you will see money start coming in.
You can also do affiliate marketing with youtube, basically affiliate marketing is sending traffic to sellers Website through your affiliate link and whenever purchase happens, you get a commission, that’s what affiliate marketing is in a nutshell.
So what you can do is you can create a YouTube video, talk about a specific product, talk about that product’s pros and cons and then finally give your affiliate link in the description saying that “Hey I have linked to this product in the description, so if you want to check that out then go ahead and do that”, and you know what it actually works, people who’ll buy stuffs from your affiliate link and you will get a commission.
Affiliate marketing works even when you don’t have a lot of audience or lot of people to watch your video, just few people purchasing the products can make you big money.
You can also try sending paid traffic like facebook ads to your video, people will watch the video, they go and buy through your affiliate link, boom money in your bank.
It’s that simple.
Another great way of earning through YouTube video is sponsored videos, or people paying you money for posting videos.
Initially it requires some amount of fan following in your YouTube channel for that to be happening, so the main concept behind sponsored videos is that, someone or a brand will pay you money to make a video and say good things or say Promote their products to your audience in your YouTube channel, so obviously you have audience and people will pay you money to make a video about their products and get their products to reach your audience (this is also a good way to make money)
Note: I’m not a YouTuber but I’ve tried it and I have seen people earn big money from YouTube by applying all the above methods.
Who is YouTube best suited for?
- People who love to make videos, who can take them infront of the camera and are really comfortable with it.
- People who can teach other people something like if you’re a teacher, chef, Technician, dancer, singer or anything, if you can teach people your Skills then definitely people will pay attention to you, and you can turn that attention to money $$ eventually.
Blogging is the best way for people to make money online who are not comfortable with speaking infront of the camera.
Blogging is the opposite of YouTube videos, Where YouTube videos have content and information in videos format where a person is explaining something in videos, blogging is completely opposite of that.
In blogging basically you create a website typically called as blog and you put out information in the textual format.
And Blogging is one of the best ways to make money online in 2020.
How to make money from blogging?
Basically first you have to Create a blog and then you have to Upload or post Valuable content around a particular topic, particularly called as a niche and then you have to drive traffic to your blog so that your blog readers can find valuable information for them.
So to make money from blogging you have to build audience or blog readers and if they trust you and your content they will keep coming to consume more of your content.
But how the hell do I make money? I know you’ve been wondering this for a while now.
Again the answer is Affiliate Marketing and AdSense these are the most common ways to monetize a blog.
Let’s talk about AdSense first: Whenever a reader comes to your blog, if your blog has AdSense then you can make money by displaying AdSense ads on your blog.
It works same like YouTube AdSense, if viewers see’s ads or click on ads on your blog then you earn the money simple.
Lets talk about affiliate marketing now: a blog is the most effective way to make money with affiliate marketing, I personally use this method to make money from my blogs.
And blog affiliate marketing works same like YouTube affiliate marketing infact both are same, basically you put in your affiliate link in between your content and if someone buys then you get a commission.
who is Blogging suited for?
Blogging is suited for anybody who loves to Write, because blogging is more about writing and expressing yourself in the written format.
So if you love writing and enjoy doing it then you can definitely make good income from blogging.
Create and sell online Courses
E learning or online courses will become the $350 billion dollar business by 2025.
And it’s the most profitable of all the methods I’ve shared with you in this article.
Basically the idea behind this is that you create a course that a target market or a target audience needs and then you sell or market them your course so that they can buy and you can make money.
tyere are many platforms which you can join to lost your online courses.
And many other online course marketplaces you can join to make money selling your online courses.
If you don’t want a mediator in between like these marketplaces, you can also go for self hosted online course platforms like teachable which charges you money for hosting courses, and will never take a chunk of your online course sales money.
Watch the below video to know more about making money online selling online courses 👇
who is this business model suited for?
This business model is suited for the below types of people.
- If you love teaching and you can teach something.
- If you can make video lectures and can make someone understand a topic.
- This is also best for teachers to teach online classes and make money online.
Selling ebooks is also one of the ways to make good money online.
You just have to write a simple ebook and just publish on platform like Amazon KDP and you can expect to see good money coming in.
If you have a blog to whom you can promote to or an existing audience then this could bring in some good cash.
You can also include some of your affiliate links in eBooks and if someone buys that books then you’re also going to make some money, its like hitting two birds with one stone.
So what are you waiting for? go out write your first eBook and make some Cash.
Freelancing is also one of the best ways for people to make huge money from the internet.
If you have a skill that you can serve to the market the you can make good revenue from freelancing.
Even if you don’t have any skill then you can develop the required skills and make money from the gig market.
Peope make thousands of dollars every single month from freelancing, by just doing some simple tasks for people.
Here are some of the most on demand freelancing skills.
- Logo designing
- WordPress web designer
- Full stack Web designer
- WordPress plugin developer
- Video creator
above mentioned freelancing markets have the huge scope for making money.
Or you can also do your own research on which type of Freelance skills are in most demand and which ones earn the most money by researching platforms like FIVERR.
So these were all the things that you can do to make money from home in 2020 during these hard times.
I hope this article was helpful to you, and if this article was helpful and you found this article helpful then feel FREE to share this article with your social networks so that it reaches other people who really need this information.
Thanks for reading this article 🙏 Be strong
Tough times don’t last but Tough people do.
Robert H. Schuller