MODERN WAYS OF MAKING MONEY ONLINE.
You want to make some money right? Of course. Everyone needs to make money. The internet has transformed the way we do business. It has opened up borders and removed limitations on what you can do and achieve based on geographical regions or financial resources. With a computer, an internet connection, and a personal drive, there is little that can stand in the way of you making an income online.
From online surveys to renting out your house, there is no shortage of clever ways to make an online income. Please note it takes patience, persistence, failures, and hard work to build a successful online venture. There are no get-rich-quick schemes. The quickest ways to an online income are shortcuts that do not last or pan out to be scams. You have to put in time, effort, blood, sweat, and tears to be successful.
Let’s dive in and explore the ten modern ways to make money online in Kenya.
eCommerce is the selling and buying of goods and services over the internet. The industry is booming, and the easiest way you can start is via dropshipping. This is a fulfillment method where a store does not keep an inventory of the items it sells but instead purchases it from a third-party supplier who ships the item directly to the customer. The store owner does not see or handle the product.
For example, a customer buys from the store and makes a payment of Sh1,999. The store owner then forwards the order details and customer’s address to the supplier and pays the wholesale price of Sh499 and he is left with Sh1,500 as profit. The supplier then ships the item directly to the customer. This model of eCommerce requires less capital to start, and you only need a laptop and connection to the internet. There are many resources, such as eComProo.com and Shopify, that can help you get started.
Blogs are informational websites where writers share their views on subjects of their choice. There are many profitable niches one can blog about. Photography, health, fitness, career, fashion, gardening, and finance are some examples. You can monetize your blog by:
i) Placing ads on your site. The ads are informed of Cost Per Click (CPC) or CPM (Cost per 1,000 impressions). In the case of CPC, you are paid for the ad-click when readers click on click on them while you will be paid for the number of people who have viewed your ads in case of CPM. If this is your preferred method of monetization, you may consider using Google Adsense.
ii) Selling private ads and sponsored posts
iii) Affiliate Marketing: In this case, you can blog about an advertiser’s product, and they pay you a commission for every sale that came from your website. ClickBank is a sure platform for monetizing your blog with affiliate marketing.
iv) You can sell digital products such as photos, music, apps, online courses, and videos.
v) Sell memberships. For example, if you own a career blog, you can charge Sh1,000 for members to access a private job board.
3) Freelance Web Development, Design, and Maintenance
You got the skills. You have learned HTML and CSS. You have already trained in PHP. Python and MySQL. You can be your own boss. It is challenging starting out as a freelancer. You will need to be disciplined and strict with yourself.
But, the benefits are immense. You can set flexible working hours, rate of pay, and be your own boss. Also, you choose to work on interesting projects and have a better life-work balance. Another reason you may want to consider becoming a freelance developer is there is a huge shortage of developers worldwide, and contract salaries are high.
4) Offer Digital Marketing Services
There are people and individuals willing to pay for your services if you have the skills to promote their products and services using the internet. Some popular types of digital marketing include:
i) Search Engine Optimization (SEO)
ii) Search Engine Marketing (SEM)
iii) Social Media Marketing (SMM)
iv) Email Marketing
v) Online advertising (Google Ads and Facebook Ads)
vi) Influencer Marketing.
If you have a large online following on Facebook, Instagram, and or Twitter, then you can promote other brands’ products and get paid.
ALSO READ: Seven ways Kenyans are making money online
5) Launch an informative and entertaining YouTube channel
With more than 5 billion videos being watched every day, YouTube is the largest video hosting website in the world. It is the second largest search engine with a majority of its users coming to be informed and entertained. You can launch your own channel and start monetizing with ads once you hit the 1000subs/4000hr of view time. With every 1000 views, you can make from Sh200-400. If you have 50 videos getting 10,000 views per month, then that would translate to Sh100,000 – 200,000 in monetary gains.
6) Record a Podcast
People are getting busier each day and consequently, are looking for passive ways to consume content. This is the reason podcasts are a craze at the moment, presenting you a great opportunity to build an audience and generate money. Here are some ways you can monetize your podcasts:
i) Stream it live on YouTube and make money from ads
ii) Find traditional sponsorship (advertisement)
iii) Sell your own products
One of the most successful and popular podcasters is John Lee Dumas, who makes Sh20M per month from his Entrepreneur On Fire podcast.
7) Write and Sell eBooks
Did you know you can make good money online by packaging your knowledge into a downloadable Book that helps people start a business, learn a new skill, or even advance their careers? You can sell your eBook on Amazon. Amazon self-publishing gives you access to their massive audience to sell your book. They will take 30% as their fee and leave the remainder for you.
8) Do Graphic Design For Local and Online Businesses
If you have a creative mindset and motivation, you can help businesses create their brands and make money in the process. Tools such as Visme, Venngage, Stencil, and Adobe Illustrator are becoming increasingly easy-to-use, and any creative can make money by being a graphic designer for local companies. You can also sell your designs on marketplaces such as 99Designs.com, Dribble, and Behance.net
9) Sell Stock Photos
Stock photography is the supply of photographs of commonplaces, people, landmarks, nature, events, etc. often licensed for specific uses on a royalty-free basis and can be used and reused for commercial purposes. Here are five websites you can use to sell your stock photos and make money online.
i) Adobe Stock
10) Flipping Websites, Domain Names, and Mobile Apps
There is a thriving online marketplace for selling and buying websites, a practice that is also known as flipping. The same is true for domain names and mobile apps flipping. Websites and mobile apps have become critical tools in communication and eCommerce, and people are looking at them more and more as serious sources of income.
Through flipping, people have sold their valuable apps, websites, and domain names from hundreds of millions to tens of billions. Flippa.com and EmpireFlippers.com are some of the platforms you can use to sell your digital assets. The domain name and mobile apps are also sold on these platforms.
Did I miss anything? I would like to know how you personally make an income online. You can share that in the comment section, add some details, and I may add them to this list.
Other ways you could earn extra money in Kenya. Times are difficult, creditors are calling, and that activity simply isn’t paying enough – what do you do? You start considering extra money and asking yourself, “what am I able to do to make cash?” There are a number of avenues you may attempt however realistically, you simply do not have the time!
The general public has families to balance and a few have college to cope with. In this age of networking opportunities to earn were made plenty, but with this surplus, you need to be that a great deal careful. Within the following, we have indexed eight maximum professional and green approaches to make cash online.
The PeopleString social community is the final solution to the query, “what can I do to make cash online?” The founders of the community have determined to offer returned 70% in their sales to the members. PeopleString is free to join, but all participants earn a 2% cut of what their referrals earn for existence! PeopleString marketers earn 25% lifetime.
The possibilities to become a coveted PlayStation entrepreneur are restricted and they arrive up periodically so that you should live in their loop. Wondering how they are able to pay unfastened members? It is in the advertiser’s bucks; this is the gas of all social networks. The distinction is those other networks keep every dime for themselves.
There are various methods to receives a commission right here: play video games, watch tv classified ads, use the quest engine… Quite lots the entirety you’re already doing online (for free)! PeopleString integrates together with your FB and Twitter debts so that you can clearly receive a commission in your updates or tweets. Also, try the sector’s coolest e-mail that is self-destructible among other things.
This community pushed gathering area for informal writers, authors, and content publishers is one of the first-rate ways to make cash online. If you like to jot down you may earn more money residually for the life of your paintings. HubPages is relied upon by hundreds of thousands of site visitors each day as an editorial listing. Tons of visitors come in right here for facts!
As you post poetry, freelance paintings, or blogs built-in Google commercials appear within the frame of your content material. You could even pick to up-sell eBay and Amazon merchandise. Tools your writings to famous search phrases and watch how smooth you turn the site visitors into extra cash.
HubPages also has a neat social element with its accolades gadget. Make a contribution often to the network and they reward you with more than simply money. Even if you are not large on the writing you may still earn via asking questions. This is much like Yahoo answers however more profitable.
A good autoresponder system can without a doubt position you for whilst to retire from that process. Skilled home commercial enterprise proprietors know the power of building a listing, and an autoresponder gives you that power. There’s always extra cash in a list of possibilities.
As you generate leads over the years you could promote merchandise to them. If you are a blogger including an autoresponder on your pages will help you quite in growing and dealing with a subscriber listing. Subscribers simply followers, and fans mean that they will as a minimum look at whatever you provide them!
Many autoresponders will come up with the possibility to end up their affiliate. The reimbursement plans are usually sturdy, and this hot net advertising device is needed to survive. So long as there’s a line business there is a need for autoresponders.
The quickest manner to make more money online in this listing is the usage of eBay. Promote merchandise or stuff that you no longer want via auctioning or placing a set rate on them. All you need to get began is a PayPal account and a free eBay club. As soon as you have got the ones you’re no longer far from launching your very own online shop.
eBay provides sellers with clean shipping options which might be so included you may print postage right from domestic. USPS, UPS, and FedEx are some of your options, and customer support is great.
Understand that the financial system is global now, and there are matters you can have easy get admission to that a person on the opposite side of the sector may also desperately need. Often instances eBay will supply non-save owners 50 free listings each month. You can have a pair of hundred bucks in your closet proper now!
15. critical Viral seasoned
Crucial Viral pro is a traffic generation useful resource this is satisfactorily suited for marketers who can be already worried about home-based totally possibilities. What makes VVP so exquisite is that it comes with a constructed-in downline builder. Marketers can get their hands on banners, textual content advertisements, and branding substances to help them increase their earnings by using growing their business.
The key here to make more money is to let traffic building up over time. With their prompt service and the capability to sell a mess of income possibilities with one link, Viral critical pro is certainly well worth a glance.
Adzly is an advertising community similar to Google AdWords however an entire lot more exciting. Individuals can be a part of Without spending a dime and feature commercials shown over a network of masses of hundreds. After becoming a member of a member is advocated vicinity widgets on their websites in exchange for marketing area. So, what am I able to do to make cash with Adzly? There are two approaches:
A. Sell your opportunities effectively.
B. Earn associate commissions beginning at 10%.
Online advertising and marketing will in no way give up and enterprise proprietors want the publicity that is simple to set up, yet has the capacity to head viral quickly. Adzly is the way to accomplish that.
You could earn extra money online with Amazon just like you may with eBay. This principal online retailer of books, media, and devices has made early retirement a clear possibility for thousands of households. Although arguably greater professional than its counterpart, eBay, Amazon lacks the auctioneer measurement.
You also might not be able to sell as many categories of gadgets as on eBay. However, in case, you are brilliant at locating books at backyard income and thrift shops, or CDs and movies from pawn stores you’ll do just great. Open and hold a digital storefront for a month-to-month subscription and improve your profits extensively.
You may even observe to be an Amazon accomplice and earn commissions via referring humans to purchase the goods of different individuals. Amazon receives loads of traffic especially for the duration of the stop of the year buying season. Get in on this movement!
If you want to be on camera you may love earning more money on YouTube. Locate your area of interest (be it pottery, toddler improvement, or teaching) and create video variations of your content material. While most people ask, “what can I do to make cash online?” they rarely don’t forget YouTube for solutions.
Video advertising is confirmed to be a great shape of social media because potential customers trust less difficult once they see a character or product at paintings. You may even combine your techniques with eBay for a greater interactive selling revel in.
Exercise top SEO strategies to get a number of search traffic and you will get paid from YouTube’s ad partnerships. In case your motion pictures are authentic and are approximately hot key phrases, individuals who watch your motion pictures can click commercials and also you get paid. Videos additionally assist you to build your listing, and take into account; the cash is in the listing.
REMEMBER WEALTHY AFFILIATE MARKETING PLATFORM, THE BEST ON-LINE UNIVERSITY WERE YOU ARE IN TITTLE TO HOST 10 WEBSITES AND BLOGS AND ALSO GO THROUGH CURRENT TRAININGS ON HOW TO RUN ALL TYPES OF ONLINE BUSINESSES. THANKS AND BE SUCCESSFUL.