5 easy ways to make money online
5 easy ways to make money online…
There are those who blame the government for dearth of jobs, and then there are those who sit at home and make money on the internet at leisure. And how!Rapid digitalisation and a rise in smartphone use have created options for minting money on the internet; including through equity trading.
It can be as simple as monetising videos to earn enough for your bread and butter. But there are also those, who sell tutorials online.
Here is a list of options that can help you to make money online:
Equity trading
Most brokerages offer mobile applications for equity trading from anywhere. The first step is to open demat and trading accounts with a reputed brokerage firm. Next, decide if you are into it for the long term or short term. This approach will help you select plans where you pay the least brokerage commission. Learn the language of online trading by going through different types of orders, securities and how to execute them. Once you have learnt the basics, shift some money from your bank account to your trading account. Equity trading is just like buying or selling any other article.
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Most brokerages offer mobile applications for equity trading from anywhere. The first step is to open demat and trading accounts with a reputed brokerage firm. Next, decide if you are into it for the long term or short term. This approach will help you select plans where you pay the least brokerage commission. Learn the language of online trading by going through different types of orders, securities and how to execute them. Once you have learnt the basics, shift some money from your bank account to your trading account. Equity trading is just like buying or selling any other article.
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Start by buying shares of companies which operate in sectors or industries you know about. By tracking share price fluctuations, you can enter a stock at low levels and make a profit when it goes up, says Anil Rego, CEO and Founder, Right Horizons.
Concentrate on 4-5 stocks at the beginning. But overlook penny stocks, and avoid trading based on rumour and speculation. Many college students, housewives and retired persons are making good money by trading in equities online, Rego said.
One should always check company balance sheet, management quality, valuation comfort and business models before investing in a stock, says G Chokkalingam, Founder, Equinomics Research and Advisory.
One should always check company balance sheet, management quality, valuation comfort and business models before investing in a stock, says G Chokkalingam, Founder, Equinomics Research and Advisory.
Look for PTC sites
If you are trying to earn money online and need only small extra income, then ‘Paid to Click’ (PTC) websites can be a great option. On PTC sites, you can earn money by completing small surveys, which take 5-30 minutes depending on the requirement of a particular company.
If you are trying to earn money online and need only small extra income, then ‘Paid to Click’ (PTC) websites can be a great option. On PTC sites, you can earn money by completing small surveys, which take 5-30 minutes depending on the requirement of a particular company.
There is another version of this work, where you get paid for searching the web, and posting marketing-linked comments on different websites. Find out a trusted PTC site, and then start working for it. Be sure to check out the payment method, taxes and fees related to payout.
Hosting ads on your blog or website
Television channels make most of their money by showing you advertisements (ads). With a good website or blog, you too can earn a handsome amount of money by hosting ads. The catch in this space is that your web property should be popular, should not host controversial things and should adhere to advertiser standards.
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Television channels make most of their money by showing you advertisements (ads). With a good website or blog, you too can earn a handsome amount of money by hosting ads. The catch in this space is that your web property should be popular, should not host controversial things and should adhere to advertiser standards.
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More options mean more opportunities for revenue. Choose the right types and formats of ads for your website or blog. When a visitor views or clicks an ad on your website, you will automatically earn money. It’s that easy and simple. Ad programmes pay money once a certain amount is accrued in your account. Google is one of the sources through which one can place suitable ads on your website.
Review websites and applications
There are many upcoming product companies that are looking at various ways to make their products popular. By signing up as a reviewer for these websites and app companies, you can make some cash online.
Once you become a reviewer, you have to write 300-500-word reviews on select products. If the company approves of the review, payment will be sent to you.
There are many upcoming product companies that are looking at various ways to make their products popular. By signing up as a reviewer for these websites and app companies, you can make some cash online.
Once you become a reviewer, you have to write 300-500-word reviews on select products. If the company approves of the review, payment will be sent to you.
While some websites and apps do pay good money, most don’t pay that much. If you have the time to kill, you can spend it earning some extra cash, instead of just surfing the web.
Sell photos, monetise videos
Another way to monetise your time on internet is by selling stuff like photos, videos and used items that have some novelty or economic value. With smartphones and video cameras, most people have tonnes of content available.
Video agencies pay top dollar for photos or videos if you sell the rights to them. These agencies sell/ re-sell the same to their clients, depending on requirement.
Offloading used appliances, items, furniture and goods is also a good way to earn money. “Things that you have not used for over a year should be sold first, by posting a detailed description and price tag on websites like OLX and Quickr,” said Rego.
Monetising your videos through YouTube can also help you generate good money.
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