How to Make Money in 2020

a month ago
How to make money
How to make money

The Internet is a place where you can earn quite decent sums nowadays. Almost everyone who actively uses the Internet sooner or later becomes interested in making money. One needs an additional source of income. Others — more profitable options that will allow you to leave offline work, while maintaining the usual level of income. Well, someone is even thinking about changing their lives by organizing their own business on the Internet.

Fortunately, there are so many ways to make money online now, among which you can always find the options that are most suitable for your goals and requests. Some of them are available to almost everyone, others require certain skills, and in some cases, start-up capital is also required. 

How to Earn Money

How to earn money
How to earn money

How to earn money:

  1. Determine the size of the desired income.
  2. Choose the direction of earnings.
  3. To acquire the necessary skills (or improve the existing ones).
  4. Establish a flow of clients (customers).
  5. Fulfill the responsibilities assumed and receive the due payment.

But in reality, of course, everything is not so simple. At least you will have to spend time and effort on each of the listed stages. As a maximum — also money.

With the first step, in principle, everything is clear: you need to decide what exactly you want from making money - for example, a small part-time job on the Internet, an average salary, or a consistently profitable business. Depending on the desired income level, as well as the amount of time you are willing to devote to making money, you need to choose ways of earning (we will describe their varieties below) that are most suitable for the existing criteria. 

If it turns out that some skills are not enough or they are not sufficiently developed to make money in the chosen direction, they will have to work on — take courses, read literature, watch thematic videos, etc. 

It is also advisable to pay attention to your predispositions. 

If you are a creative person and have never liked mathematics, you probably should not choose a freelance programming profession to make money online. Better, for example, would be to pay attention to web design or copywriting. 

When the necessary knowledge is obtained, you can finally proceed directly to making money.

How to make more money

How to Make Money Online

Making money online
Making money online

You can make money on the Internet in a variety of ways, which differ in the level of complexity and profitability. The simplest options are available to absolutely everyone — for example, getting paid for viewing ads, clicks, likes, reposts, etc. Also, everyone can make money on online surveys or by completing tasks on microtask exchanges. True, in this case, the level of income will be quite low.

More complex options, such as freelancing or making money from your own website or YouTube channel, require the already mentioned skills leveling and a lot of time. But on this it is quite possible to earn money for a living.

If we are not talking about making money from scratch, but about earning income from investments, you need to decide how much money you can invest and what kind of return you would like to have. Based on these data, you can start choosing the direction of investment. Stocks, mutual funds, real estate, cryptocurrencies and even HYIPs - investments in any of these categories and many others can bring both fabulous profits and serious losses. Therefore, you need to carefully study each option and weigh all the risks.

But more on that later, but to begin with, let's take a look at the most basic ways to generate income on the Internet, available to everyone. 

Earnings on Clicks

Making money on clicks
Making money on clicks

The simplest category of making money that has existed since the inception of the Internet is getting money for clicks. Many sites offer this kind of work and anyone can do it. All you need is a computer or smartphone with Internet access.

Tasks for making money can be very different - from simple clicks on advertising banners / links and likes / reposts in social networks to more complex actions like surfing the web (moving through the pages of the site according to the specified scheme). 

Usually, all work is done through browsers, but there may be separate applications, for example, displaying ads, the viewing of which is counted after a click. 

A significant disadvantage of this type of money making is that the payment for such actions is usually quite low. 

Cryptocurrency Faucets

How to make money on cryptocurrency faucets
How to make money on cryptocurrency faucets

Another simplest way to make money on the Internet is faucet sites. On them, you can receive cryptocurrency completely free of charge for visiting or performing simple actions such as pressing a button at set intervals. 

The coins collected in this way can be withdrawn and exchanged for real money. The catch is that it was only at the dawn of the birth of cryptocurrencies that you could earn a significant amount using taps. 

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Now, for each click, only small pieces of cryptocurrency are paid, for example, 10 satoshi (0.00000010 BTC). That is, to get at least $ 1, you will have to click the button in the tap 1000 times. Moreover, this is usually allowed no more than 1 time per hour.

Therefore, faucets are not particularly suitable as a way to get a permanent income, but in order to earn your first money on the network, they may well be considered. In addition, most faucets have built in all kinds of lotteries, by participating in which you can win more serious amounts. 

Earning Money on Online Surveys

Making money from surveys
Making money from surveys

There are many sites on the Internet now that offer their users payment for taking surveys. 

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An important advantage of this type of money making is its availability to absolutely everyone, since no special skills, except for the ability to interact with web resources, are required. 

As a rule, we are talking about marketing research, on the basis of which data on the demand for goods / services of certain categories and brands is collected. There are also polls aimed at studying social attitudes in society. 

This is not to say that this is a very profitable way of making money, since for each survey they usually pay no more than $ 1, and their number per month on one site usually does not exceed several dozen. But for such purposes as replenishing a mobile phone account, it is quite possible to earn. 

Although if you register in many services with Internet polls at once and put them on stream, in total it can become a source of quite acceptable money making. 

Participation in Airdrops and Bounty

Earning money from airdrops and bounty companies
Earning money from airdrops and bounty companies

A little more, compared to faucets, can be earned by participating in airdrops and bounty campaigns of cryptocurrency projects. In this case, users perform a series of tasks aimed at popularizing the project, and in return receive a reward in the form of its tokens. 

In airdrops, most often we are talking about subscriptions, likes and reposts on social networks, joining Telegram channels and chats, publishing posts and comments about the project and other actions, which, in principle, do not take very long to complete. In addition, a referral program is often offered - receiving additional rewards in project tokens for inviting other users. 

In bounty campaigns, tasks are more difficult - for example, writing and publishing full-fledged articles, as well as creating graphic and video content. Truth and rewards in bounty are often much higher than in airdrops. 

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The main problem when choosing this way of earning is the search for really promising projects. Because if you participate in everyone in a row, you will simply waste time promoting scam projects, which in the end will not pay anything.

In addition, even if you receive coins for your work, it is not always possible to immediately exchange them for real money. Usually, you have to wait before the project token is added to some exchange where it can be sold. 

Even so, an unpleasant surprise may await you — at the airdrop or bounty stage, the approximate cost of tokens in dollars is usually indicated, which you expect by completing tasks. But in the end, after listing on the exchange, the coin rate may be ten times lower than the originally announced one. As a result, the reward seems to be present, but the feeling on the soul remains unpleasant.

Nevertheless, if you learn how to analyze projects that distribute tokens through airdrops and bounty, in order to choose only really promising options, it is quite possible to earn several hundred dollars a month on this.

Axle Boxes and Microtask Exchanges

Getting money for axle boxes
Getting money for axle boxes

Among those who are looking for making money on the Internet, sites that are called microtask exchanges or bucks are very popular. On such sites, some users post tasks, while others perform them, receiving a reward for this.

Moreover, work there can be found for every taste - from simple tasks for clicks, subscriptions, likes, reposts, comments to more complex ones like registering on websites, installing applications and passing identity verification on exchanges. In fact, all of the above ways of earning money are concentrated on the boxes. 

The level of earnings for completing tasks on such sites will directly depend on their complexity, the time given to them and your skills. If you only deal with clicks, likes and other actions that do not require much effort, you can only earn money for pocket money. 

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But if you focus on high-paying jobs, for example, creating video content or performing whole complexes of actions in social networks, it is quite possible to earn 300-500 rubles a day. 

Administration of Groups in Social Networks and Messengers

Making money on social networks
Making money on social networks

Quite an interesting way to make money. It involves taking on the responsibility of managing groups on social networks or in messengers like Telegram or Viber. 

In this case, most often you will be responsible for publishing posts, maintaining activity (for example, holding contests), monitoring the implementation of group members' rules, punishing offenders (for spam, obscene language), etc. 

A clear plus of this type of money making is suitable for almost everyone who has accounts in social networks / instant messengers, free time and Internet access. The maximum that may be required is to watch several videos on the topic on YouTube in order to understand in general terms what needs to be done. For the rest, all your duties will need to be clarified in direct communication with the employer.

You can find relevant vacancies both on sites with advertisements for remote work, and in similar groups / channels in social networks and instant messengers. The amount of money earned, of course, will be influenced by work experience. Therefore, for a start, if someone of your friends has their own group or chat, it would be nice to agree with them about going through a kind of internship as an administrator.

Earnings on Your Own Website

Making money on the website
Making money on the website

Earning income from your website is one of the oldest forms of making money online. Today, many types of activities can bring money to a website owner, from advertising to providing services and selling goods. 

The main thing is that the resource has a stable flow of visitors and a good rating in search engines. To do this, you need to create a website, choose its subject matter, fill it with high-quality content and optimize it in terms of SEO. Fortunately, to create web resources today, it is not necessary to have html programming skills, since there are many designers and platforms that allow you to quickly and easily assemble your own website from templates.

Which direction to choose for your web resource? Everything here will depend on your skills, interests and goals. For example, it might be a blog where you share your own experiences about what you are good at (tourism, personal growth, music, cinema, etc.). 

At first, of course, you will need to work hard on filling the site and attracting visitors. But on the other hand, having received a certain audience of readers, it will be possible to safely post ads on the pages of the site, delight visitors with new articles and receive, in fact, passive income. 

Depending on the chosen advertising service, payment may come for readers' clicks on ads posted on blog pages or for viewing them (or both options at once). The most popular options are Google Adsense. True, in order to earn serious sums through them, the number of site visitors must be measured in tens of thousands. 

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Therefore, you can search for less popular systems that pay more, or sell banner space directly to those who need advertising. 

You can also make money on your site by posting paid links to other web resources in articles. If its search engine rankings are high enough, there will be plenty of people looking to boost their SEO in this way. To search for clients, you can add it to various site directories, as well as register on link exchanges (for example, Gogetlinks). 

Another option is making money from affiliate links. To do this, you will need to register with services that pay for attracting new customers and place the resulting referral link (or banner) on the pages of your site. These can be various affiliate systems that pay interest on the sale of goods / services, or, for example, cryptocurrency exchanges and binary options brokers, which pay out a share of their income from the attracted visitors. 

Such methods of making money on the site as creating an online store or selling information products will be discussed in a separate section on Internet business. 

Reselling Sites and Domains

Making money on reselling sites and domains
Making money on reselling sites and domains

A site with a good rating in search engines, a stable flow of visitors, a customized scheme for earning money from advertising and other indicators can always be sold by earning a considerable amount of money. True, if we are talking about selling your own resource, the profit will be one-time. After all, it takes too much time to create and promote a new site to put this method of generating income on the stream. 

For regular earnings, reselling sites is more suitable. In this case, you do not need to spend time creating and promoting a web resource, but you will need to invest your own funds. For example, you can find undervalued sites, buy them inexpensively, work to improve their performance, and then sell them at a completely different price. 

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Well, or you can simply engage in direct speculation, buying websites and immediately putting them up for sale for an amount increased by 5-10%. 

Similar manipulations for making a profit are carried out with domain names. For example, you can buy domains in different zones that are consonant with the names of commercially successful companies, and then offer them to buy them out from you. 

To carry out such operations with websites and domains, specialized platforms are used that provide the tools necessary for conducting transactions and act as their guarantors. One of the most popular services of this type in Runet is Telderi. 

Sale of Photo and Video Content

On the Internet there is an opportunity to make money for those who have a passion for photography and video filming. We are talking about web services (stocks) that act as intermediaries between those who create content and those who are ready to buy it.

Usually they charge a certain fee for their services, but its size is completely covered by the opportunity to profitably sell their photos and videos to a huge number of service users. 

By the way, artists who create their masterpieces, for example, in Photoshop, can earn similarly. The graphics created in this way are also in quite good demand among the visitors of photo stocks.

How to Make Money on a YouTube Channel

Making money on YouTube channel
Making money on YouTube channel

It's no secret that the owners of popular YouTube channels make very good money. The competition on this site is now, of course, off scale, however, if you can offer high-quality content to its visitors, you will be adequately rewarded. 

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The first step is to decide on the topic - educational and entertainment channels are always especially popular.

A good audience is collecting high-quality videos on the topic of online earnings, cryptocurrency and all kinds of life hacks.

You will also need a good camera and microphone, some editing skills, scriptwriting, and at least a little acting to create engaging video content for your audience. An alternative to posting prepared videos can be streaming, for example, gaming. In this case, you will need a powerful PC, experience in computer games and the ability to entertainingly comment on your actions.

The main plus of earning money on your own channel is the ability to receive money from several sources at once. Firstly, you will receive payment directly from YouTube (for showing advertisements in your videos), and secondly, if you have a sufficient number of subscribers, various companies can directly order advertising for their brands from you. 

Freelance Earnings

Making money on freelance
Making money on freelance

One of the most common ways to make money on the Internet is freelancing. It is based on the temporary provision of remote services on the terms agreed with the customer. A special charm of freelancing is independence, since you can work at any time convenient for you and independently regulate your wages by changing the number of orders taken into work. 

Most of the freelancers are in the fields of programming, design, copywriting and translation. If you already have skills in the listed or any other areas, the only thing left is to find a customer. 

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The easiest way is to search for freelance exchanges like Upwork.

Although they will take a small commission for their services, the chances of finding high-paying orders on your topic will be much higher than with an independent search on thematic forums, social networks or Telegram chats. In addition, such sites act as guarantors in the work of freelancers with customers, that is, there should be no problems with payment for adequately performed work. 

Freelance exchanges always have a variety of orders available for fulfillment in many industries, but if you wish, you can publish your offers for the provision of services. But before you try to take the first order into work, you should fill out your profile, not forgetting to describe in detail the skills, prices for services and portfolio (examples of previous work performed). 

If you do not have any special skills suitable for remote work at the moment, you will have to go through the training stage. Freelancing in programming and web design is certainly more attractive because it is the highest paid, but it can take a lot of time and money to get the necessary skills in these areas. 

Therefore, if you set a goal for yourself to start making money online as soon as possible, the first step is to pay attention to copywriting (writing texts). In this case, to get basic skills, it will be enough to take thematic online courses or even get by by watching videos on YouTube. After that, with a little practice, you can go for the first orders on exchanges like Advego.

Also, services for SEO, SMM and SMO-promotion can be attributed to freelancing, but due to the specifics of these areas, it is better to single them out into separate subcategories of this type of earnings. 

Providing SEO Services

Making money on SEO promotion
Making money on SEO promotion

Quite a popular direction in Internet earnings is the provision of services to optimize websites for search engine optimization. Of course, this will first require a thorough understanding of SEO. 

You can do this both independently using materials from the network, and by taking courses. The first option is usually free, but long, the second is paid, but fast.

After studying the theory, it is advisable to test the acquired skills in practice, ideally by promoting your own site created from scratch in search engines. But you can hire someone's web resource for a symbolic price or for free, warning its owner that this will be a kind of internship.

If you can bring your site to the TOP for at least a few search queries, you can start looking for customers. The easiest way is to register on a freelance exchange (for example, Upwork) and place your ad there. At first, the payment will most likely be low, since its level depends on the performer's rating on the site and whether he has a portfolio of previous properties. In this case, the exchange will take a certain part of your earnings as a commission.

Or, you can directly search for potential customers on all kinds of forums on the topic of SEO optimization, as well as in groups in social networks and chats in instant messengers. 

Earnings on SMO and SMM

These types of making money online are a bit similar to the previous one. The only difference is that the promotion is carried out not in search engines, but in social networks. 

In the case of SMM, we are talking about the promotion of groups and pages of companies and brands in social networks. In turn, SMO specialists are engaged in website optimization for attracting visitors from social networks (for example, placing buttons and widgets for subscriptions, likes, reposts, etc.). 

As in the case of SEO, at first you will have to learn these specialties, which are in demand today. Then you need to hone the acquired skills in practice. And only after that you can start looking for customers (through the same channels - on exchanges, forums, social networks, etc.). 

Targeting

Targeting as a way to make money
Targeting as a way to make money

Currently, the services of experienced targeting experts are in special demand, that is, those who are engaged in setting up advertising on social networks, in particular on Facebook and Instagram. The thing is that advertising on these social networks is much cheaper than contextual advertising and at the same time has excellent conversion rates. At the same time, it is very difficult to independently figure out how to set up advertising cabinets and learn how to create really effective campaigns. 

Therefore, most of those who want to advertise their business through Facebook and Instagram are hiring targeting experts, who, by the way, are still in significant shortage. 

The good news is that you can earn $ 1,000 - 2,000 per month from targeting. The bad news is that in order to master this profession, you will have to undergo specialized training. Ideally, personally with practicing professionals in this matter. But good online or offline.

After completing the study of this profession, you will have to practice on free clients for some time, but in the end, after 1-2 months it is quite possible to start receiving the first serious sums for setting up advertising offices. 

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Moreover, unlike many other types of online earnings, you will not have problems finding customers. 

It is enough to leave a few customers satisfied and the fame that you are a good targeting specialist will instantly spread across social networks.

Business as Making Money

One of the most difficult types of making money on the Internet is organizing your own business. Most often, we are talking about creating a website through which you will sell something — goods, services, courses, etc. 

Launching a business online is, of course, quite difficult. This will require not only an idea, but also a miscalculation of all stages of creating a business, as well as the costs of their implementation. Also, when choosing a market segment, which will include your business, you need to calculate the level of competition and potential income. These steps will require the services of a variety of professionals.

Some, of course, manage to start a business from scratch and find success. But such cases are quite rare. In addition, if you do everything yourself, this process can take a long time. Plus, at many stages, you will most likely lack knowledge. Therefore, if possible, it is still better to hire those who will help in website development, market analysis, content filling, SEO-promotion, etc.

Let's consider three main options for organizing a business on the Internet.

Income From an Online Store

Setting up a business to make money
Setting up a business to make money

Despite the fact that the e-commerce niche has been around for quite some time and is very popular, it is never too late to create your own online store. The main thing is to choose a promising direction of activity. At the moment, the easiest way to develop your business is by doing:

Direct reselling of goods purchased from foreign suppliers, including AliExpress, Joom and similar services. Moreover, if earlier it was necessary to create an original website for such purposes, now it is enough just to register on sites.
Creation of our own brand and repackaging of niche products purchased from local manufacturers, for example, wallets, car seat covers or clothing. In this case, for the prestige, it will be desirable to work through a personal website.
Dropshipping, that is, the sale of goods, in which you are only responsible for finding a buyer, and the delivery is organized by the direct manufacturer. In this case, you will not need to think about storing, packaging and shipping goods, and the whole business will work exclusively online.

The latter option is especially popular today, since a whole chain of time and financial costs is excluded.

Sale of Information Products

Making money on information products
Making money on information products

This industry of making money is called information business, since it is not about selling goods, but information. To be bought, it must be fun, unique and problem-solving.

Most often, information is sold in the form of e-books or videos. But this is the final product for which you need to find a buyer. But to get it, you need to organize the creation of content, for which people are willing to pay money.

Basically, you need to write a guide to solve a problem and then convert it into a video or book. If you have any unique knowledge or skills, you can do it yourself. Otherwise, you need to do rewriting — find useful materials on the network and rewrite them in your own words. Ideally, you need to hire someone for this.

For organizing an information business, it is best to choose already proven, popular topics, for example, health, life hacks, earnings without investment, family and home, repairs, raising children, self-improvement, psychology, etc. 

In order for the created information product to be bought well, it should contain as little complex terminology and dry theory as possible. Instead, there should be a squeeze of usefulness on a chosen topic with illustrative examples. In addition, in order to increase your authority in the eyes of buyers of information products, it is worth mentioning in it that you have all kinds of diplomas, certificates and diplomas from conferences on the topic described (ideally, you should have them). 

Earning Money On Online Courses

Making money on online courses for professionals
Making money on online courses for professionals

Another type of selling knowledge is organizing online courses. In this case, one cannot do just retelling the information found on the network. To start a profitable business, you have to really become an expert in any industry. You can of course sell courses in video format as described above, but tickets for events organized as live online lectures and workshops sell much better. 

As in the case of infobusiness, in order to make good money on courses, you need to choose a niche, problem solving in which is a very popular request of Internet users.This can be the psychology of relations between a man and a woman, the correct upbringing of a child, creating your own business, SEO, SMM, SMO and many other areas.

Making Money by Investing

Making money by investing
Making money by investing

One of the most difficult ways to make money on the Internet is investing. The subject of money investment can be stocks and bonds of companies, cryptocurrencies, indices, ETFs, futures and many other assets that can be bought and sold through exchanges or brokerage services. 

The principle of making a profit is no different from speculating in goods - you will need to buy at a low price and sell at a high price (except for margin trading, where the opposite direction of transactions is possible). The only difference is that all transactions are organized through online tools, and the asset price is constantly changing under the influence of many market factors. 

The only difference is that all transactions are organized through online tools, and the asset price is constantly changing under the influence of many market factors. Therefore, in order to increase the likelihood of the first option, you need to acquire relevant knowledge, in particular in the field of technical and fundamental analysis. 

Nowadays, most investors most often focus on Forex asset trading or cryptocurrency transactions. Moreover, the latter option is becoming more and more popular, in particular, due to the ease of access for newcomers to exchanges and the increased volatility of cryptocurrencies, making it possible to obtain large profits in a short time (as well as losses). 

Also, in addition to direct trading of cryptocurrencies on exchanges, you can choose alternative options. For example, investing in tokens of new blockchain projects during their IEO or ICO campaigns. If you choose a really promising project, you can hope for a few hundred and even thousands of percent of the profit. True, the risk of receiving a similar loss is also always present. Therefore, it is worth entering this area of investment only after thoroughly familiarizing yourself with the crypto market.

Tips for making money on investments

As you can see, there are plenty of opportunities to make money. It all depends only on your interests, the availability of free time, knowledge in certain industries and, in fact, the desire to study any direction of earnings.

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