5 Ways To Generate Money Online


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It has been two years since the first strike of the Covid-19 pandemic hits everyone across the world. 2020 is going to be remembered by many people as a year that changed everything. The way we live, socialize, learn, work, and conduct business has changed in accordance with the Covid-19 pandemic restriction. Let’s be real, since the strike of the pandemic, all of us have experienced such a devastating phase where some were losing their loved ones because of the virus, some were losing jobs, and some were facing pay cuts from their income. It is undeniable that our economy right now is going to continue to impact our financial status. 


Since the outbreak of the Covid-19 pandemic, many people are dying to know how to earn money online to support themselves as well as their family members. Even until now, there is a growing number of businesses that have gone online to expand their businesses. If you are still looking for ways to generate your income through online platforms, you’re in luck! In this day and age, there are several opportunities for making money online. Even if you were one of the fortunate ones to escape this financial crisis, you might utilize the extra cash to make a dent in your debt or put a little aside for emergencies. 


In this article, we have curated a list of ways to earn money online. 


How To Make Money Through Online Platforms?

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1. Freelancing


Freelancing gives you the opportunity to be your own boss. As the job has inherent flexibility, you can pick your own working hour, the people you want to collaborate with, and the services that you’re willing to offer. Freelancer provides a service for its client in exchange for payment. 


2. Creating Online Courses


Another genius way is to create an online course. You may be able to generate a passive revenue stream by creating online courses. A course only needs to be created once, after which it can be sold repeatedly. In addition, since your course is online, you may easily widen your audience and have students from any country and time zone by offering it.


3. Dropshipping


Dropshipping has been increasingly popular these past few years. Just by being at home, you can be in the business industry and make money online. You’ll just have to sell the products on your website without keeping the stock yourself. By including a profit margin on the product, dropshipping allows you to generate money. The actual seller will offer you their final price, and you can then tack on anything you want as profit. 


4. Creating NFTs


You can create and sell your artworks as NFTs on a marketplace. NFTs are not limited to artwork only, in fact, you can sell everything that is digital as NFTs such as images, videos, pieces of music, and audio. As an NFT artist, you can get compensated with royalties through sales in the marketplace. To know more about the NFT market today, you can click here if you are looking for NFT art news updates Malaysia


5. Affiliate Marketing


Affiliate marketing is the practice of receiving payment or commission each time you advertise a business’ s products and services. Similar to a sales agent who only receives a commission, you are only paid when you successfully drive a sale. You decide on the amount of time and effort you want to invest in your online career as an affiliate marketer