Making money online
has become very easy nowadays, as an increasing number of companies tap the huge
manpower resource of the general public. Rather than hiring professionals or
outsourcing their work to some agency, they depend upon ordinary citizens to
complete certain tasks online.
In return, they pay you money or its equivalent
such as shopping coupons worth your earnings. Such coupons can be utilized to
buy your daily requirements from online or brick-and-mortar stores and help you
keep the cash you would otherwise have paid for your purchases.
Why
Earn Online?
There are umpteen reasons why people look at
making money online. Some people complete online tasks to augment their regular
income. Others earn online to save and create wealth. Yet others work online
for a living.
Making money online is legitimate. It allows you
to earn extra during your spare time. Additionally, some methods of earning money online
are fun and provide entertainment along with cash rewards. There are countless
ways to make money online. However, we look at the seven realistic, time-tested, and proven ways to earn.
1) Online
Surveys
Taking online paid surveys is the most popular way
of making money online. Millions of people worldwide make fairly decent sums of
money by completely answering simple questions about the stuff you use or see daily.
This can be anything from your bathing soap to a new movie, jam, or an
expensive mobile phone. There is no dearth of topics on which paid online
surveys are conducted.
A simple search on the Internet will reveal a
dozen reputed companies that offer paid online surveys. Register at one or more
of these companies. Some surveys are very brief and consist of a question or
two while others are longer.
Depending upon the size and complexity of a
survey, you can earn anything from 20 US Cents to US$ 10. Online survey
companies pay cash or give shopping vouchers for major online stores for your
efforts.
2) Amazon
mTurk
Amazon Mechanical Turk also called Amazon mTurk is
an excellent way to make extra money online.
The service is offered by the global online retail giant, Amazon. This service
allows you to make significant money online. Amazon mTurk works on the
principle of crowdsourcing. Companies that are selling or advertising on
Amazon often require human intelligence to weed out poor or repetitive images, and old and outdated information about products, select the best pictures for
describing a product, and several other tasks.
As a member of Amazon mTurk and depending upon your skills, there are specific
categories of tasks you will be assigned. These include information gathering,
image and video processing, data verification and clean up as well as data
processing. You can sign up on the Amazon mTurk website to offer services.
There are
lots of things to learn in mTurk before you start making some income from this.
3) Social Media Manager
Businesses
small and large are increasingly tapping the vast potential offered by social
media such as Facebook, Twitter, Instagram, Pinterest, LinkedIn, and other
platforms. The most popular among these remains Facebook, thanks to its user base of over 2.2 billion.
Companies
know that reaching customers and attracting potential clients through social media is becoming very important as compared to traditional print, TV, and radio advertising. However, not every business requires a full-time social
media manager.
Working
as a social media manager for a business can fetch you as much as US $10 per
hour. Your task is to upload images, information, videos, or other content
provided by employers for their Facebook, Pinterest, Instagram, or LinkedIn
profiles.
Additionally,
you will respond to positive comments and soften the effect of any adverse
remarks about the business or its offerings on social media. Feedback received over social media is handed over to
the employer for enhancing their brand and its offerings.
4) Online Transcriptions
Another excellent and realistic way to make money online is through transcriptions.
Healthcare providers, law firms, banks, engineering companies, and myriad other
service providers require fast and reliable transcriptions of large recordings.
These
include talks between a physician and patient, discussions in a surgery room,
chatter between Emergency Medical Service providers, courtroom proceedings,
meetings between businessmen and banks or financial institutions, and
discussions among engineers solving a problem or creating new designs.
You
will be provided raw data, usually in the form of audio. Your task involves
listening to these audios and creating brief transcripts that contain all
relevant information. This online work pays fairly well. For example, online
transcriptionists in the US earn as high as US$ 12 to US$15 per hour. You can
get this online work directly from a company or through a transcriptions
service provider.
5) Free Sampling
Hundreds
of companies around the world actually, give you free stuff and pay for writing its reviews. This can be anything from baby diapers to
sophisticated apps, computer games, advertisements & movie trailers, or even
pizzas, burgers, soft drinks, skincare, and beauty products. They seek your
review before the product is launched in the market.
You
can enroll at any major website that pays money for sampling freebies. Indicate
the type of stuff you are capable of trying and writing a review. Generally, a
review will fetch you anything from US$ 5 to US$ 20. Additionally, the freebies
you get can save you some money on household bills, unless you are testing free
software or apps.
6) Micro Tasking
Rather
than hiring employees and lengthening payrolls, a large number of advertising
companies, public relations agencies, media houses, printing presses, and other
businesses depend upon micro-tasking. This is a very simple yet realistic way
to make money online. Anyone with an eye for detail, and good grammatical and
language skills can work as a micro-tasking associate.
Register
yourself for micro-tasking assignments on any good freelance work website. Once
your application is accepted, you will receive tasks that can be easily
completed online. These include correcting advertisements, press releases,
public notices, news reports, greeting and invitation cards, business
stationery, and many other stuff.
You
need to check them for spelling mistakes, grammatical errors, and improper punctuation to make corrections where
required. In the US, micro-tasking earns you US$ 10 per hour.
7) Online Tutor
Becoming
an online tutor is easy for anyone who possesses special skills in any
particular field or subject. You can mentor people on a variety of topics
ranging from a complex subject taught at school or college to complex cuisines
of the world, troubleshooting problems with engineering equipment, repairing
mobile phones, fitness & health, stocks & investments, Yoga, aerobics, or
almost any skill.
Depending
upon what skills you are coaching, earnings can be as high as US$ 20 per hour
per student. Online tutoring can be done as your own business or by getting
hired by some college, university, sports club, company, or trade organization
to train their students and members. Blended coaching is fast gaining ground
worldwide and you can make a lot of money online by imparting skills online.
Tutor.com
is one of the best websites where you can find online tutoring jobs easily.
In Conclusion
There
are various other ways to make money online. How much you earn is directly
proportionate to the time you spend and your skills. While tasks offered by
Amazon mTurk require rather basic skills, working as an online tutor will require
expert-level proficiency in some fields. With the rampant proliferation of
smartphones, you can also make money online through Android and iOS-based apps
that can be downloaded for free.
Finally,
remember that making money online is easy. However, the Internet is rife with
scammers who pose as legit firms and ask you to enroll for very attractive
schemes. Others ask you for registration fees.
Invariably,
websites that charge a registration fee- however insignificant the amount- are
scams. Others simply collect your personal information and sell it to
unauthorized persons, often for phishing and other frauds. Therefore, it is
essential to verify the credentials of a website before embarking on any venture to
make money online.
Jayant
Bharambe is a blogger who blogs about career, business, make-money ideas &
tips on saving money.
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