5 genuine ways to make money online
As a blogger I was searching for blog posts ideas, one day I got a notification from Quora that can this question "How to make money Online in India as a student", it grabbed my eyeballs and I logged in to quora to see the question stats.
I was surprised to see that so many people are looking for this answer, I did some research on Quora and found out that these question and answers get 30K - 150K views.
You can understand the gravity of this question. I immediately opened the Google Keyword Planner to see the exact search volumes of these type of "make money online" keywords and found out 14k - 100k search queries are generated monthly through related queries.
So, I did my research on exact ways to earn cash from the internet and found some really exciting ways that can actually help you to earn good amount of money even you can quit your job and focus entirely on your web properties. Yes, you can be your own boss.
Okay, no more time wasting, let's get started now....
5 Genuine Ways to Make Money Online
1. Selling Online on Amazon, Flipkart, eBay, Snapdeal etc.
Times have changed and Indians now actively shopping online. It is said that the Indian e-commerce market to reach 200-300Bn by 2025. You can estimate the earning opportunity from selling online on marketplaces like Amazon India, Flipkart, eBay, Snapdeal, etc.
You'll find several success stories on yourstory only, how they are making millions.
2. Dropshipping using Aliexpress & eBay
What is dropshipping?
Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. (source).
People in the developed country making somewhere between 100k - 1 million per year on dropshipping model e-commerce stores.
Here, you'll need to run a paid advertising campaign on facebooks or google. And you can build your store using wocommerce or Shopify, where the later is recommended. To learn more about drop shipping enroll in any paid courses on udemy.
3. Digital Marketing Consultancy
As online is the future, more and more traditional businesses are rapidly transforming into the online business model and to do this correctly and effectively they need SEO & Digital marketing services.
This is still an untapped market in India. Try to venture into this segment. Many new digital marketing firms are already making huge money.
Blogging is huge. Nowadays top Indian bloggers are earning as much as 5lacs to 20 lacs per month. All you have to do is find a good niche and start blogging. Don't think of making money instantly, instead treat it as a long-term business model.
When your blog traffic is about 100k per month, then scale up your earning through methods like affiliate marketing, sponsored content, brand partnerships etc.
5. Cryptocurrency Mining
Recently, in a news article, I read that by 2020, 15% of world electricity will be used by people for bitcoin & crypto coin mining. Surprised huh?
There are valuable pieces of equipment are available on Amazon that will help you to set up your own mining. Typical things that you will require are dedicated graphics, smps, ram, software for mining(you can download it for free, it's open source)etc.
These are proven and genuine ways to make money online in India or elsewhere. These methods work for students looking to earning some extra bucks online, housewives, retired persons, anyone who wants to leave their 10-6 jobs and want to be their own bose.
P.S. Another version of this post is published on Logical Nerds as "26+ Proven Ways to Earn Money Online in India".