The sweetest sound from your mobile phone is a credit bank alert or notification; and the pleasantest email is a PayPal or Payoneer payment notification.
Nothing is as sweet as receiving real payments from people online – people you do not and may never see face-to-face forever – yet payments keep coming from them on a consistent basis to keep your personal and family life rolling. Whether you have made money online or not before, you can begin or make more in the coming years ahead.
Making serious money on the internet in 2020 and beyond is as easy as you want it to be. And it will be as consistent as you can be dedicated. You can always make money with your existing knowledge or expertise, and you can learn new ways to make money online by learning a new skill that is highly in demand. It doesn’t matter if you never made a single dime on the internet before now; here are the 10 ways to make serious money off the internet in 2020 and beyond:
1. Teach online courses
An online entrepreneur, Jerry Banfield, says he makes huge money from teaching online courses. According to him, “I’ve made millions of dollars in revenue and consistently $10,000 a month in profit since 2015 when I started teaching full-time online.” Some of the platforms where you can teach online courses and make money are Udemy, Skillshare, StackCommerce, YouTube, and Uthena among others.
2. Upload YouTube videos
You can make money from YouTube videos if you cover subjects of interest that people want to know about. You can produce video tutorials on food recipes, cream production, skincare, sewing, money-making, and just about anything.
The more your videos get popular, the more you get subscribers and that is when the money will start rolling in. With time, you may have big companies hiring you to make and promote videos featuring their products on your channel for huge payments.
3. Get started with affiliate marketing
You can make money from promoting affiliate products for as long as you desire. Affiliate marketing covers various niches such as health, books, electronics, website hosting and anything you can think of. Many internet and affiliate marketers earn up to $250 daily, $500 per week, and over $2,000 per month in commissions depending on the sales of moving affiliate products.
4. Join a mastermind class
A mastermind class is an online class where a professional mentor trains people on how to make money on the internet or some other venture. Although subscribers to the training pay for a membership, they often earn more in returns over the years. In fact, members of the mastermind class can pay other members of the class for desired services instead of taking their businesses outside of the class.
5. Do live streaming
You can make considerable money via live streaming and feature your videos on major social media networks. Hundreds of thousands of people can watch your live streaming videos on Twitch, YouTube, Facebook, Mixer and Dlive among others. You can use an OBS, a good microphone, a professional camera and other related equipment to shoot and stream your videos live; and you can use Restream to stream your content across various platforms.
6. Connect with clients via online marketplaces
If you have good experience with freelance writing, blogging, video creation, graphic design, virtual assistance, web development and other freelance services, you can make good money by connecting with paying clients on popular marketplaces. Some of the reputable marketplaces include Upwork, Fiverr, and Freelancer among others. Some freelancers earn up to $1,000 weekly and others monthly depending on the type of gig, budget, and clients.
7. Start buying and selling cryptocurrency
You must have heard of cryptocurrency trading by now. This involves the sales and buying of cryptocurrencies such as Bitcoin, Ethereum, XRP, and Litecoin among others. You can make huge money in 2020 dealing in cryptos although it requires some upfront money to trade with, just like in forex. Cryptocurrencies are made to make online payments or cash transfers without the use of physical cash.
8. Do audio narration and voice-overs
Joel Young has made over $1.5 million on Fiverr doing a voice-over for people. According to him, “this is an amount of money that would have taken me decades to earn without this platform.” Whether doing voice-over for TV documentaries or working as an audiobook narrator, you can earn steady income in 2020 if you are good with your voice. A lot of advertising and PR companies are looking to hire voice-over experts for ad purposes.
9. Earn money creating videos for people
You can earn steady money by creating how-to videos for popular brands on YouTube. Some companies may even pay you to mention or promote their products in your video if you have a large subscriber base. And lots of online entrepreneurs and product marketers are looking for people to create videos that could be used for marketing purposes. If you have the digital equipment and possess photography and graphic design skills, then you can hope for consistent streams of income in 2020.
10. Set up an eCommerce store
With people wanting to set up eCommerce stores for products sourced from Alibaba and Aliexpress, you can hope to make serious money off the internet in 2020. Ecommerce stores such as Amazon, eBay, Jumia and Konga among others are waiting to be replicated for others. Many entrepreneurs want to go into dropshipping and this will require setting up an eCommerce store that can convert visitors into paying customers. You can make money if you are able to set up eCommerce stores using WordPress plugins such as Woocommerce or Alidropship and using special platforms such as Shopify and Oberlo.
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