In this post we cover how to make money online during quarantine.
Does the quarantine have you stuck inside with no job? The good news is that now is the perfect time for you to start learning how to make money online.
The quarantine caused a major interruption in how we live, work, and play – you can take advantage of the current way of life by generating some extra income without even leaving home.
Some of the top ways people are making money online during quarantine are:
- Remote work jobs
- Freelance work
- Ad revenue
- Selling digital products
- Selling physical products
- Affiliate marketing
- Teaching and tutoring online
Let’s explore what you need to get started with each of these and how you can start earning money online.
How to Make Money Online During Quarantine
Apply for a Remote Work Job
One side of the news shows that most employees are losing their jobs or furloughed from current employers. On the other hand, many organizations are learning (and even thriving) by working online.
If you’re out of a job during the quarantine, you can still make a full-time or part-time salary by working a remote job.
Remote jobs allow you to work from home – you can still expect the regular work hours, team meetings, and even lunch breaks. The biggest difference is that you’ll be doing it all at home.
In recent years, working remotely has been a growing trend, even for major companies. It allows more hiring flexibility with finding talent from around the world and not being confined to their physical office location.
Even employees who typically report to an office every day were given flexibility one day per week, for example, to work from home. The gradual shift in the trend has now become the forefront method of maintaining employees during a quarantine.
If your past job didn’t permit working remotely, the good news is that there are countless other companies to consider.
Finding a remote job is an excellent option for people who like stability in receiving a steady income and potentially have benefits. It also adds a bit of structure to your days and weeks.
You can find remote working opportunities on job boards such as Indeed or Monster. Simply input: “remote” or “online” in the location search field to see who is hiring for working online.
Get Hired for Freelance Work
The freelance world is experiencing a major boom during the times of quarantine. While everyone is stuck at home, you don’t have to let your skills lay dormant. Consider working as a freelancer to generate some extra income while waiting for the stay-at-home orders to disappear.
Freelancing is slightly different than working remotely full-time – it allows for more schedule flexibility. It can give you a more diverse set of clients instead of strictly working with one company.
Keep in mind that some freelance gigs are lucrative enough to have enough consistent work from one company, but it typically lacks having a benefits payment package like full-time employees.
So, what kind of jobs can you find for freelance work? Nearly anything!
People hire freelancers for projects ranging anything from administrations and virtual assistants to more creative work like design and editing. Some of the top freelance skills include:
- Virtual assistant
- Coding
- Graphic design
- Web Design
- App Development
- Writing
- Translation
- Project management
With our online capabilities today, you can find projects for almost any skill online. The world of freelancing continues to grow, and it an excellent way to grow your income online.
A few of the top sites for finding freelance gigs are on Upwork, Freelancer, or Fiverr. These sites allow you to set up a profile to detail your skills, experience, and land paying clients.
Generate Ad Revenue
If you’ve been looking for ways on how to make money online, you’ve most likely already considered ad revenue. Generating money from ads is one of the staples to making money online. While you’re in quarantine, now is the perfect time to set up the income stream for yourself that will still be beneficial even when we all get back to work.
Some of the best ways to start generating money from ads are by:
- Creating a website/blog
- Making Youtube Videos
- Starting a Podcast
Creating a website or blog is a great way to earn passive income from ad revenue. If you consider yourself an expert in a particular topic or industry, set up a website to showcase your expertise.
With web building platforms such as WordPress and Bluehost, making a website is easier than ever, and anyone can do it!
After your website is live, sign up for the Google Adsense platform to automatically post relevant ads to your site. The only thing left for you to do is to grow your traffic.
Making Youtube videos also utilizes the Google Adsense program. Instead of writing about your expertise and passion, shoot a series of videos to upload to Youtube. Once your channel gets enough hits and subscribers, you can start to place ads on the videos and get paid every time somebody watches it.
Starting a Podcast is one of the latest trends and seeing a spike because of the quarantine. You can get paid by hosting a podcast by having paid sponsors for the entire show or just a brief mention of a company during your episode.
You can make podcasts as fun as you like and create them right from home to upload online to start building your listening audience.
Create a Digital Product
During the time of global quarantine, physical locations are seeing a significant decline in revenue. We’re no longer able to go to the book store and buy books, watch movies at the theater, attend concerts from our favorite artists, or even prospect a new property to buy for our real estate portfolios.
Instead of being a consumer of these products, you can take advantage of the quarantine by becoming a creator of these products. Creating a digital product is a great idea for making money online during quarantine – you’ll start to create digital assets for yourself to potentially make passive income.
Based on the above examples, some of the digital product alternatives you can consider are:
- Writing an ebook
- Create a film
- Record a song
- Buy domain names
Creating digital products is the perfect revenue generator for creative people during quarantine. They require a bit of skill, talent, and creativity to create something that someone wants to purchase.
There are lots of methods for leveraging these digital assets to make money without even leaving home.
You can self-publish ebooks on the Amazon Marketplace and get paid for each sell. Online streaming companies for shows and music are the new norm – imagine selling a TV show to Netflix or getting a top streaming hit on Apple Music.
Instead of physical real estate, you can start to consider online real estate or domain names. Many people are making money by flipping domain names – buy a domain name and resell it for profit. Websites such as Flippa have even created an online marketplace to make it easier to buy and sell domains.
Sell a Physical Product
Making money online doesn’t always have to involve virtual things – you can also leverage online marketplaces for selling physical products. You have plenty of options for how you can sell physical products online, the most popular being:
- Old items at home
- Buy and sell goods
- Dropshipping
There’s an old saying that goes: “there’s money in your house,” which becomes a lot more evident as you start thinking about how to make money online. Being home in quarantine is an excellent time to clear out some of the “junk” in your house to make room for new things.
Let’s be honest, most of the stuff you find might go directly to the trash bin, but everybody has things of value lying around that could bring in big bucks when sold online.
As you’re cleaning out your house, think about un-used Christmas electronics or old exercise equipment that you can post on eBay to make some extra money.
Selling things lying around your house is the perfect practice for getting into buying and selling goods. You’re not the only person in the world reading this article, so there are lots of other people looking to make some quick cash.
You can start to source products online, either from resell marketplaces or online retailers. Once you receive the items, resell them on other marketplaces, or hold them for a short time for the value to increase if you’re patient.
Dropshipping is for more advanced online sellers, but something everyone can do! Dropshipping eliminates your task of ordering and re-shipping a product – you just have to market the products, and the retailer will ship it to your customer after they order.
One of the best sites to set up your dropshipping site is Shopify – there are lots of resources available online for how to set up your shop and how to source products.
Affiliate Marketing
Just like ad revenue, affiliate marketing is one of the top ways you can make money online. The flexibility for affiliate marketing and available programs makes it suitable for anyone interested in earning some extra cash.
Affiliate marketing works by marketing someone else’s product online and getting paid based on your performance. Some of the payments you might receive are:
- Commissions
- Revenue share
- Referral fees
Commissions and revenue share give you a percentage of the products sold after someone purchases them. Some programs, such as Rakuten Marketing, provide you with affiliate product companies to earn money directly from the sale of that product.
Amazon also has an affiliate program that takes advantage of internet cookies. When someone clicks on your Amazon link, if they purchase anything from the site within a specific time, you get a commission based on their order (regardless if they order your promoted product or not).
There are also affiliate programs for service-based companies. Any time someone signs up for a particular subscription service or logs in using your provided link, you can receive benefits.
Keep in mind that not all affiliate programs pay you cash directly. Some programs provide other benefits such as future discounts or free perks. While you might not make any extra money, you can keep some extra cash in your pocket if you actively use the services.
Your primary task as an affiliate marketer is to promote the products and services as best you can. You can use a variety of promotional channels, including social media, video, blogs, podcasts, and more. The more your audience trusts your recommendations, the more likely they will make a purchase, giving you the chance to earn extra income.
Teaching Online and Tutoring
One industry significantly impacted by the quarantine is education. With all schools and universities closed, many parents have had to become full-time teachers. The phenomenon introduced a lot of people to the already major industry of online teaching and tutoring.
If you consider yourself a great teacher or want to pass on your expertise, teaching online and tutoring might be the best way for you to make money online.
Many people living abroad as expats discovered online teaching to be a lucrative career to support their lifestyle. There’s never a shortage of demand for English language teachers and programs such as Italki and VIPKID.
These platforms give you the chance to teach kids from around the world how to speak English in one-on-one sessions via video call. Make your lesson plans fun and engaging, and you’ll have a steady stream of classes every day.
Language isn’t the only skill in-demand. Thanks to the quarantine, we have a demand for every kind of teacher – whether you’re a math teacher, history teacher, or university professor for phycology. Many people are looking for your expertise to continue their kids’ education during the quarantine.
You don’t always have to use online platforms for teaching and tutoring online.
If you already had students that you tutored, shift your in-person meetings to online meetings. Platforms such as Zoom and Go-to-Meeting give you a chance to expand your sessions from one-on-one to group classes. You might even be able to charge more with private tutoring sessions.
Conclusion
With so much uncertainty due to the quarantine, making money online is the perfect opportunity to give you a bit more comfort during these times. With enough practice, you might even be able to turn your online revenue into your main source of income.
We hope you enjoyed this post on how to make money online during quarantine! Try out one or more of these strategies and find your favorite to start making money from home.
