How to Earn Money Online in America
Do you know that most of the young millionaires in the world are online gold diggers?
Believe it or not, but many startups and teens have made their fortune online.
Creating and starting brands, doing business was never so easy as it is today.
Not only businesses, online jobs and freelancing have thrived a lot in recent times. And it will be on the rise in future as well.
In this era of internet, you need not to be physically present at a work place or office to earn lively hood.
Covid 19 Lockdown has taught the world many ways to earn online while being at home.
Let’s have a quick go-through of the most rewarding online earning methods of 2023 in United States.
This “Low or No Investment” E Commerce business model has been very popular in United States in recent years. Easier to do , Low risk involved and Higher ROI makes it a favorite for startups and even for big established businesses.
Drop shipping is business model in online retail in which business does not invest in stock of a merchandise. It takes order from customer, pick it from supplier and dispatch it to customer.
From home decor to FMCGs and in almost all product categories there are plenty of drop shipping suppliers in America making drop shipping easier than ever.
Drop shippers in America can sell on their own websites, social media pages (Facebook & Instagram shops) or famous e commerce platforms like Amazon, e bay, Walmart, Wayfair etc.
Crypto Trading & Crypto Mining
Crypto Currencies have change fates of many. There are lots of examples which show right decisions at right time in digital currencies have made people super rich.
Bitcoin since 2017 has seen several ups and downs. It went down to 80% initially, then we saw massive surge up to 300 % in over period of three years. So, it is actually the game of patience and timely decisions.
Bitcoin, USD Coin (USDC) Tether, Litecoin, Ethereum, BNB, Binance are some of the top Cryptocurrencies you can invest and trade in United States.
Despite all the super success stories in the air, I will recommend not to buy more that 5 % of your disposable income or savings.
While buying any of Crypto Currencies for trading or investment one must keep in mind that crypto currencies are highly volatile.
Apart from Crypto exchange / trading; Crypto mining has also been very profitable.
Crypto mining is actually process of creating new units of virtual tokens on the block chain, which later are floated in to the market.
Crypto mining is rather more complex than crypto trading and one should dive in to it with proper awareness and knowledge.
NFTs (Non-Fungible Tokens)
You must have seen or heard of one of the most expensive Bored Ape # 8817 BYAC NFT which was sold for whooping $ 3.4 million.
Like Crypto currencies, NFTs are also digital tokens (regarded and traded as assets) value of which is anticipated to appreciate. NFTs are normally art pieces, collectibles that may range from graphic arts to sports collectibles.
NFTs are traded by using crypto currencies. There are specific market places where NFTs are available for sale and purchase against certain tokens.
As the scope of this article is just to briefly cover most effective ways of online earning in America, we will go into details of earning by NTS later on in another article.
Different ways of earning through NFTs are:
- Creating / Minting NFTs
- Flipping NFTs
- HODLing NFTs
- Staking NFTs
- Trading NFTs
- Royalties Generation
- Investing In A Passive Cryptocurrency Mining Protocol
- Play-to-Earn (P2E) Silks NFT Games
Blogs are websites where written, photographic or other media content about a topic, event, situation etc. is published. Normally blogs are discussions and informational weblogs. Bloggers write and publish their content regularly for readers.
If you are good at writing; and can write interesting and compelling articles and features then earning up to $ 50000 a year is not difficult at all. Trust me many successful bloggers are earning more than $200,000 per annum by working 15 to 30 Hours a week.
There are multiple ways a blogger can earn such as Google AdSense, Paid Ads, Referral Marketing and Affiliate programs etc.
In the beginning blog income is low and might be discouraging but it increases with time. As the blog matures income rises. All it depends on niche you writing on, weblog traffic, demographics of that traffic and most importantly quality of the blogs and consistency in publishing.
You can start off by simply making free blog on WordPress com or blogger com. Alternatively, you can purchase domain name of your choice & web hosting service, hire someone to create website and you are all set to go. Now regularly publish blogs and wait for wealth to knock your door.
Copywriting is another job for writers. Copywriters write content for brands, businesses or websites.
Copywriting includes all types of written content for websites, advertising campaigns, flyers, broachers, billboards, TV & Radio Jingles, Packaging writeups etc.
One can get copywriting jobs from freelancing platforms such as freelancer com, O desk, Fiverr etc.
Similarly, many publishing houses float copywriting jobs on their websites.
E Books Publishing
E Book Publishing has also been a legit way of earning and writers are still earning good living from it.
Though last five-year trends show that physical book reading has increased as compared to e books. But writers must not worry about it. Interesting & compelling e books still can bring a decent living.
If you are a natural story teller and can confine your readers in your content, then get registered on any good e book publishing platform and start earning. In the beginning income from e book may be low but its sure to come.
Some of the top e book publishing platforms are given below:
- Barnes & Noble Press
- Amazon Kindle Direct Publishing (KDP)
- Kobo Writing Life
Before registering to e publishing platform, you must consider
- Popularity among readers (Readers Traffic)
- How much it pays off (Royalty in percentage)
- How much it charges as registration fee (Most of the platforms offer for free)
Graphic Designing Skills were never in such high demand as they are now. Growing number of online businesses and brands have created a demand pull that is to be catered yet.
Graphic design tools such as Adobe Creative Suit, Canva Etc. has made designing super easy and convenient.
Thanks to freelancing platforms like Upwork, Fiverr, Freelancer etc. which make getting hired for design jobs as freelancer very easy.
You can make any of the design area your specialty and start making handsome living.
Some of the hottest methods of earning as graphic designer are:
- Logo designing
- Design consultancy for brands
- Font designing
- Designing & Selling Stickers
- Designing Social Media Graphics.
While searching on google for images you must have seen watermarked photographs on shutter stock or other similar platforms. These images / photographs are not available for free they are on sale for a price.
Professionals and amateur photographers around the world sell their exclusive photographs as digital products and stock images.
You can float your photographic work for sale on platforms like
- Adobe Stock.
Or you can display your photos on your own website for sale.
In my view Vlogging is the coolest way of earning of this era.
Vloggers most commonly broadcast videos on their YouTube channels but Facebook videos are also getting popular among audiences and content creators. Like YouTube; Facebook Vids can also be monetized for earning.
Earning through videos is dependent on number of subscribers (followers in case of Facebook), watch time, views and demographics of audience.
Now majority of vloggers are sharing video content not only on YouTube but on Facebook in parallel.
Many traveling, food, sports, hobbies, informational and entertainment channels on YouTube are earning millions a year.
Social Media Influencers:
Daily an average social media user scrolls down some 300 ft of content on mobile while using Instagram, Facebook, TikTok, or twitter. Having this much influence on user’s life, social media accounts / celebrities can affect people’s opinion and ultimately on their buying behavior. That is why brands hire social media influencers for marketing and product endorsements. While hiring an influencer number of its followers and their demographics is considered as prime factor.
The more followers you have the more you can earn simple is that. Recently Khaby Lame; the most followed TikTok star has been hired by McDonald’s as global brand ambassador.