Have you been looking to create a passive source of income online?
If so, you are in luck because there are multiple methods that will get you money even if you can afford to spend only a few hours a day on developing a project.
Let’s take a look at some of these methods.
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The first method on the list is custom merchandise. You can learn graphic design or find a freelancer and collaborate with them. You would be in charge of promoting the business, whereas the designer would have to come up with product ideas.
The initial work of setting up the store will take a lot of time. However, once the business is up and running, spending a couple of hours every day should be enough to keep it going.
It is not that difficult to make a mug or another piece of merch that will sell so long as the quality of the product is good and it has an interesting design. You can start slow and stick to a single product, such as mugs or t-shirts, and add more merchandise later.
Developing an e-commerce store is worth it because more and more people are shopping online.
Around 2 billion people worldwide have made one or more purchases online in 2020, which has a lot to do with Covid-19. The pandemic led to brick-and-mortar stores closing down.
On the other hand, if you were to look at the trends, you would discover that e-commerce has been growing before the pandemic, and it is projected to grow in the future as well.
Making money with web search may seem too good to be true, but it is possible. Of course, the amount is not that significant, but it is still a decent option if you have an hour or two a day or spend time on the internet anyway.
Services like Swagbucks and Qmee are great examples of sites you can use to watch videos, click links, or type to get some extra money.
Spend some time researching the market and find a niche that has a monthly volume search of somewhere between 1600 to 2000.
Such volume is great to build a niche site and run Google Ads on it because the competition is relatively low, but it is still possible to attract enough website visitors to monetize the content.
Not everyone can become a successful streamer, but if you have an entertaining personality or talent, creating a channel on Twitch TV might be a great idea to explore.
Streamers play video games, host talk shows, play instruments, cook, and do other activities to entertain their viewers, who in return subscribe or donate money.
Online surveys are another method you can take advantage of if you only have an hour or so to spare. Instead of browsing random websites on your smartphone or computer, you could complete surveys on platforms like Survey Junkie, InboxDollars, or Toluna.
The money you can make is moderate, but it is still a good option to improve your budget. On average, you should complete five surveys in an hour if they are not too long.
Becoming a blogger is worth it not just because of the monetization opportunities. Blogging also provides you a means to express yourself and connect with readers.
Besides, even if you have lackluster writing skills, it is something you can polish by dedicating some time every day.
If you write regularly and publish an article or two once or twice a week, it should not take too long to get your first readers.
And once more people start visiting the website, you can monetize it by running ads, promoting digital products, including affiliate links, or creating a crowdfunding page.
Virtual assistants are in demand because not everyone can finish their work in time. Thus, hiring an extra pair of hands is a reasonable option.
Now, there are different tasks a VA can do. A lot depends on your skills and how much time you can dedicate to the work, but there should be flexible options. Check local ads, social media groups, and platforms like Fiverr and Upwork for virtual assistant gigs.
Self-publishing authors rest easy knowing that they do not have to bother with traditional publishing agencies that reject most writers. Thanks to Amazon, one can sell their book in a digital format directly on the platform.
If you are an aspiring writer or someone who would like to write a book and profit from it, self-publishing is the way to go these days.
You can find work as someone who writes reviews. Brands hire individuals and ask them to post positive feedback on various sites to raise brand awareness and make readers believe that they should buy from one business and not another.