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How To Make Money  Online In 2024

How To Make Money 💰 Online In 2024

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Today, we’re going to discuss two methods for earning money online.

1.Website Shipping business.
2. Drop shipping business websites.

1. Website Shipping Business

Earning money online may not be easy, but it’s one of the most accessible ways to achieve your financial goals. However, it requires time, effort, and dedication to hone your skills. The internet offers solutions to almost every modern problem, providing a vast array of opportunities. Whether you want to learn a craft, sell a product, or educate others on a subject, you can find what you need with just a click. There are numerous ways to make money online, such as through podcasts, blogging, affiliate marketing, freelancing, and online surveys. We’ve identified some of the best online earning websites in India that can help you generate passive income or even build a full-time career.

How do Online Earning Websites Work?

Different online earning websites operate in various ways to help users make money. Let’s explore the different types of websites and how they function.

1. Freelancing Websites

Freelancing platforms such as Fiverr, Guru, and Upwork offer a marketplace for users to connect with potential clients. These websites allow users to list their services and set prices based on different levels of difficulty and complexity. Acting as intermediaries, these platforms facilitate the connection between sellers and buyers. Once a deal is made, the platforms take a commission from the total order amount for providing a secure and trustworthy online work environment.

2. Partner Programs

Affiliate websites and partner programs, such as YouTube and multiple program , enable you to share their services and products with your network at no cost to you. These platforms pay you a commission for every sale or lead you generate.

3. Surveys/Tasks

How easily can you earn money by taking surveys or completing simple tasks? Quite comfortably! These online platforms, such as ySense, work with large corporations and startups to understand customer behavior and changing perceptions. By participating in surveys or tasks, you help generate data that these companies find valuable. In return, you get a portion of the fees these websites charge their clients. Your daily responses are collected and analyzed to provide useful insights to companies, making your efforts worthwhile and financially rewarding.

1. Google AdSense

Google AdSense

Publishers can monetize their online content using Google AdSense. AdSense matches relevant ads to your website based on your site’s traffic and content. Advertisers create and pay for these ads to promote their products, and the amount you earn depends on the prices advertisers are willing to pay for specific ads.

AdSense ads are displayed across all devices, including desktops, mobiles, and tablets. The platform operates on an EPC (earnings per click) and CPC (cost per click) model. This means publishers earn revenue when users click on the ads shown on their websites.

The amount you earn from AdSense varies based on several factors, such as the volume and type of traffic your website attracts, the number of advertisers in your niche, the nature of your content, and the placement of your AdSense ads. These elements collectively influence your potential earnings, making it important to optimize each aspect for better revenue.

Site Insights:
Website Google AdSense
Launched In March 2003
Average Site Visitors 251K (Ahrefs)
How can you Earn by Joining AdSense AdSense provides a content monetization solution where you can show ads to your users through blogs, websites and apps and earn as per the CPC & CPV models.
Earning Opportunity $0.2 – $2.5 per 1,000 views

2. YouTube

YouTube

The YouTube Partners Program offers creators several ways to earn money on the platform. Through advertising revenue, channel memberships, super chats, super stickers, merch shelves, and YouTube Premium Revenue, creators can monetize their channels. Additionally, creators eligible for the YouTube Shorts Fund may receive Shorts incentives, further enhancing their earnings.

To qualify for the YouTube Partner Program, creators must have a YouTube channel with over 10,000 subscribers and 4,000 valid public watch hours. Meeting these criteria allows creators to access the program’s monetization features and start earning from their content.

Site Insights :
Website YouTube
Launched In Feb 2005
Average Site Visitors 4.6B (Ahrefs)
How can you Earn by Joining YouTube Here you can upload videos that may be related to the tutorials, reviews, games, etc. You can join a partner program and earn per view or you can make money through other channels like brand collaborations and affiliate marketing.
Earning Opportunity $0.2 – $2.5 per 1,000 views

 

3. Shutterstock

Shutterstock

Shutterstock offers artists a lucrative opportunity to establish a passive income stream that continues to generate revenue even while they sleep. As a global marketplace, Shutterstock allows photographers to share, sell, and promote their services to a wide audience.

With the potential to earn up to 40% on each photo sale, it’s no surprise that Shutterstock has paid creators over $1 billion in commissions. The amount you earn from Shutterstock depends on your tier, which increases as you sell more content licenses. Different earning levels exist for photos, illustrations, vectors, and videos.

When creating content for Shutterstock, it’s essential to have complete ownership of the content’s copyright. Additionally, all work must be original to be eligible for sale on the platform. Following these guidelines ensures that your content meets Shutterstock’s standards and maximizes your earning potential.

Overall, Shutterstock presents a compelling opportunity for artists to monetize their work and build a sustainable income stream by leveraging the platform’s global reach and commission structure.

Site Insights :
Website Shutterstock
Launched In 2003
Average Site Visitors 38M (Ahrefs)
How can you Earn by Joining Shutterstock? Shutterstock allows you to license your photos, illustrations, vectors and videos.
Earning Opportunity 200$ to 500$/month

 

4. Upwork

Upwork

Finding trustworthy websites to connect with potential freelance employers can be challenging. While Upwork doesn’t offer direct employment, it serves as a platform to connect freelancers with businesses looking to hire. On Upwork, freelancers can offer a wide range of services including editing, writing, graphic design, web development, ghostwriting, accounting, booking, or consultancy, among others. The platform allows freelancers to earn money based on the hours they work and offers flexibility in setting prices for their services.

To start earning on Upwork, freelancers should first identify their skills, create a polished profile, browse available jobs, and start sending out proposals. Building a positive reputation through client reviews is key to attracting new clients and growing your freelance business on Upwork.

Site Insights :
Website Upwork
Launched In December 2013
Average Site Visitors 8M (Ahrefs)
How can you Earn by Joining Upwork? Upwork is an freelancing platform where you can earn by getting freelancing jobs online.
Earning Opportunity $20-25/hr

 

5. Swagbucks

Swagbucks

Swagbucks, launched in 2016, has quickly become a popular and user-friendly website for earning money online. It offers various ways to earn, such as watching videos on YouTube and browsing retailers like Amazon. This platform is particularly appealing if you enjoy watching videos or online window shopping. Additionally, you can participate in online surveys to win prizes and gifts.

To start earning on Swagbucks, create an account and complete a few daily tasks to receive rewards. These rewards can be in the form of money transferred to your bank account, or as gift cards and coupons. The platform provides a simple way to earn money online, especially for those who enjoy engaging in simple online activities.

Site Insights :
Website Swagbucks
Launched In 2008
Average Site Visitors 1.1M (Ahrefs)
How can you Earn by Joining Swagbucks? This is an activity based platform where you can earn money by doing activities like watching videos, browsing and doing other tasks.
Earning Opportunity $1 to $5 a day

 

2. Drop Shipping Business Websites.

Modalyst dropshipping marketplace dashboard with a Wix online store and the Wix Stores dashboard

Dropshipping has emerged as a popular and straightforward method to launch an online business, eliminating the typical challenges associated with traditional retail, such as purchasing, storing, and shipping inventory. In a dropshipping model, when a sale is made through the online store, the order is forwarded to a supplier, who then manages the delivery process directly to the customer. This approach enables store owners to concentrate on other critical aspects of their business, such as marketing and branding.

To get started with dropshipping, it’s essential to understand the concept and how it functions. By grasping the fundamentals, aspiring dropshippers can begin their journey into this business model, leveraging its advantages to establish and grow their online stores effectively.

What is a dropshipper?

A dropshipper is an individual or business responsible for accepting customer orders and then passing them on to a supplier for fulfillment. Typically, dropshippers operate online stores to market and sell products. When a customer makes a purchase, the dropshipper places an order with the supplier, who then ships the product directly to the customer.

For instance, imagine you own an online dropshipping store specializing in pet products. If a customer buys a cat collar from your store, you would forward the order to your supplier, who stocks a warehouse with various pet goods. It’s worth noting that in some resources, the term “dropshipper” can refer to the supplier. However, for the purpose of this article, dropshippers are defined as the sellers of dropshipped products.

What are dropshipping suppliers?

Dropshipping suppliers play a crucial role in fulfilling orders placed by retailers on behalf of customers. They are responsible for storing products, packaging them for shipping, and arranging delivery to the customer’s address.

Suppliers can be individual entities or platforms that host directories of suppliers, such as AliExpress. Additionally, some manufacturers also function as dropshipping suppliers.

In the context of the pet store example, the supplier would be the company that receives the order for the cat collar, packages the product, and ships it directly to the customer.

What about wholesalers?

Wholesale suppliers are distinct from dropshipping suppliers. While dropshipping suppliers ship products directly to customers on behalf of retailers, wholesalers sell products in bulk quantities to retailers.

For example, if your pet store purchases a large quantity of organic dog treats at a discounted price, stores them, and then sells them individually to customers, you are operating as a traditional retailer working with a wholesaler.

How does dropshipping work?

Here’s a step-by-step breakdown of how the standard dropshipping process works:

1. Partner with a dropshipping supplier

To begin dropshipping, first, identify a supplier that offers the products you intend to sell. Upon signing an agreement, the supplier will manage the storage, packaging, and shipping of customer orders.

You have the option to partner with a business within your niche for this purpose. Alternatively, you can utilize a dropshipping app to sell products sourced from multiple suppliers.

2. Set up an online store

After selecting your supplier, the next step is to create your online store. You can list the products from your supplier at prices you set.

Integrate a dropshipping app into your store to ensure that product listings remain updated and to automatically forward customer orders to your suppliers.

  • DSers connects Shopify stores to AliExpress.
  • Zendrop has a catalog with more than a million products.
  • Spocket includes dropshipping suppliers in the US, Europe, Brazil, and India.

3. Receive a customer order

When a customer visits your store and makes a purchase, they proceed through the checkout process as usual. They pay for their order, receive an order confirmation, and then await delivery.

4. Forward the order to the supplier

After your customer completes the payment for their order, you need to send the order details to your dropshipping supplier. If you’re using a dropshipping app, this step can be automated.

5. Supplier prepares and ships the product

The dropshipping supplier then prepares the order and ships it directly to the customer. To enhance the shopping experience, many suppliers offer branded invoices and custom packaging.

6. Customer receives the product

The customer receives their product directly from the supplier, while any customer service needs are managed by the store.

Six steps of dropshipping, from partnering with a supplier to the customer receiving the product.

6 benefits of dropshipping

Here are six reasons why dropshipping has become a popular ecommerce model for businesses:

  1. Low costs
  2. Wide selection of products to sell
  3. Flexible location
  4. Easier to start
  5. Easier to test
  6. Easier to scale

1. Low costs

Dropshipping requires minimal upfront investment since you don’t need to buy inventory. This makes it an attractive small business idea, with many dropshipping stores run from home using just a laptop.

However, due to its low barrier to entry, dropshipping faces high competition among entrepreneurs. To succeed, you’ll need to invest your time and apply tips from dropshipping experts to make your business stand out.

2. Wide selection of products to sell

Utilize dropshipping to provide your customers with a diverse range of trending products. Since you don’t hold unsold inventory, you have the flexibility to change your product catalog as needed. If suppliers introduce new items, you can promptly list them for sale.

3. Flexible location

With a dropshipping business, you have the flexibility to operate from anywhere with an internet connection. As long as you can communicate with suppliers and offer timely customer support, you’re not limited by your location in running your business.

4. Easier to start

Dropshipping removes many retail hurdles. Running an ecommerce business becomes easier when you don’t have to:

  • Manage or pay for a warehouse
  • Monitor inventory
  • Pack and ship orders
  • Track inventory for accounting
  • Handle returns and inbound shipments

However, successful dropshippers diligently manage the fulfillment process and prioritize delivering a satisfying customer experience.

5. Easier to test

Dropshipping serves as a valuable fulfillment model for testing customer interest in a new product category. Stores can assess the viability of selling a dropshipped product before making a commitment to purchase inventory.

6. Easier to scale

Scaling a traditional retail business requires careful planning. Unexpected large order volumes can be challenging to accommodate, leading to potential stockouts.

In contrast, dropshipping businesses often scale more efficiently. Additionally, you can expand your market reach by dropshipping on popular marketplaces such as Amazon, eBay, and Etsy.