How To earn from home in 2020: Beginners Guide

How To earn from home in 2020: Beginners Guide

How to earn money from home? Probably these days question is more actual then ever. With Chinese virus going around the World many of us have to stay locked down. If your current job let you work from home, that´s fine, I guess, but what to do when working from home isn’t work out?

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Achieving financial freedom through work from home might be dream of many and important thing is, it is possible. As crazy as it sounds there are literally millions of people doing it wright now.

Paid online surveys

How ever a quick internet search will reveal you many of useless copy-paste guides about paid online surveys and free gift cards. But in reality, you already might know, if it seems too good to be true, it probably isn’t true. I have tried it myself and I am telling you, paid online survey sites is simply spending a lot of time on an activity that pays very little in return.

Just few month ago I registered account with superpay.me. Despite tons of positive feedback and positive reviews on Trustpilot, I was able to make 3.00$ USD per two hours.

Besides, there are several other issues associated with paid online surveys sites. Some of them might turn around and sell your contact information to spammers.

Legitimate Earn from home Opportunities

Now, here’s the good news. The majority of legit “earn money from home” strategies aren’t that complicated. Like any business venture, it just takes time to grow.

You have to devote the time and energy required to get your idea off the ground. Whether your goal is to build a sustainable passive income stream or simply earn a few extra bucks to complement your part- or full-time income, all you need to earn from home is a computer, a quiet space, a strong work ethic, and willingness to stick with your idea even if your journey is slow at start.

Blogging

Probably the easiest way to start earning from home is to create your own blog. You can read my article about How to Start a WordPress Blog in 2020. Blogs aren’t just venues for bored or extremely talented people to share their thoughts about anything and everything. They can also be a legitimate source of income.

In these days you can create your own web page even without special knowledge about codding, and it costs less then 2.00$ USD per month. Create a blog and leverage it into affiliate sales or product endorsement deals.

“I don’t have any hidden talents”, you might say. Don’t worry! Blogging journey begins with an idea. You should be familiar with the subjects of your blog – ideally from personal experience or formal training – and you will have no difficulty writing about it fluently.

In other words, write something you are genuinely passionate about. You will be surprised how many people might share your passion. Bottom line – blogging is fun. You get to write about things you enjoy and along the way you meet people who share similar interests.

Become a Youtuber

The same as it is with blogging, with YouTube, you can educate, encourage, and get your word out, all for free! You can build a business without having to invest a bunch of money into it right away.

However, YouTube typically requires certain skills, such as video editing, video production, social media, and so on. Becoming a YouTuber is a process. Expect to spend hundreds of hours researching, planning, and recording videos without seeing a single dollar in return. The reality is that you will not be able to keep up creating content unless you love doing it. The same as with blog, the trick is to find a niche you are interested in and knowledgeable about, and then provide content that stands out from the crowd. Take your time and research the niche you’re going to enter.

Draw inspiration from other popular creators, but also try to notice what their content lacks and how you could improve upon it. Remember that viewers want value from the time they invest in watching your videos. Targeting a specific audience and providing unique content ensures that they will return even more.

Become a social media influencer

Over the years influencer marketing campaigns have seen a huge increase in popularity for good reason. Even these days anyone can become an influencer on social media as long as they spend some time learning how to become one and then and then put the work in.

Although, becoming a successful Instagram or Facebook influencer isn’t easy. It’s no secret in 2020 these are a very different platforms, than it was just a few years ago. It important to remember that while growth today is more like a struggle with windmills, it is still more than possible. Brands become more and more adapted to the capabilities of micro influencers.

Her is a small tutorial how to start:

  • Pick a niche. (Opt for a niche that you are interested in and then keep creating content consistently for that niche.)
  • Establish an expertise in that field.
  • Keep researching and then post content to your domain of interest.

Before you start publishing content on social media, you should take some time to better understand your target audience. To became a successful you need to know what you are aiming for. This will help you build a loyal follower base.

Sell your stuff online

You don’t feel like a writing a blog and you find yourself not creative enough to make YouTube videos or became a social media influencer. Don’t worry. There is still chance for you to realistically earn money from home.

There are stories of people making millions of dollars on silly products thanks to their unique marketing approach. These days you can sell stuff online even without having your own webpage or online shop. Probably the best platform to start, is eBay. Yes, you heard me right. The company that many people used a decade ago has fallen out of favor a bit in recent years.

Nevertheless, the eBay had 180 million active buyers as of the first quarter of 2019. So, eBay is still very big relative to the other top eCommerce sites.

Share of Ecommerce sales in US.

 201720182019
Amazon42%44,8%47%
eBay7,6%6,8%6,1%
Walmart3,3%4,0%4,6%
Apple3,8%3,8%3,8%
The Home Depot1,4%1,6%1,7%
Source: Emarketer

As you can see from table above, eBay may not be able to compete with Amazon’s massive amounts of organic traffic, but it has an active audience all its own. It has 182 million users worldwide and has 23 international websites reaching consumers from the United States to New Zealand. eBay is unique because it emphasizes its sale of rare and collectible items. In fact, 432,000 collectible items are sold on the website daily. Because of its focus on these specific products, eBay doesn’t require sellers to get special permission to sell within certain categories, like coins and jewelry.

Many old items you have sitting around at home can be worth serious cash, but to really get the money rolling in on eBay. Selling on eBay isn’t just for those who are dropshipping goods from China – you can get regular money by selling things you no longer use.

When it comes to eBay, one seller’s junk is another man’s treasure, and it’s astounding what people will fight to buy. For example, faulty electrical items, shift well, as clever bods fix them or use them for spares.

Do your research, on eBay you can see exactly how many other items have been sold and how other sellers have described their products. Find the item you want to sell and check only the “items sold” in the left gray bar. You will be able to see how many prices attracted similar goods and how high the winning prices were.

The categories that sell particularly well on eBay are:

  • Auto parts,
  • Used goods, and Closeouts,
  • Collectables.

Sell your old snapshots

Do you have any random pictures that are somewhere or take up space on your computer? Another way to earn money from home is to sell your old snapshots. Sell them on photo sites like Alamy or Shutterstock. Making money from photography allows you to pursue your passion and turn it into a career.

Actually there are list of websites out there ready to pay for your photos. The most popular ones are stock photo agencies. There are also a few websites where you can sell your pictures directly to clients or even as artwork. Once you upload the photos, all you have to do is sit back and watch your profits grow. In addition to not only helping you sell photos online; stock photo agencies also provide information on current trends. In other words, they give you ideas and tips on what images are more likely to earn you money.

The Bottom Line

Whatever you decide to do – Blogging, making YouTube videos, becoming a social media influencer or selling on eBay is a path to your financial freedom. Like any other job, it will take time and effort. However, being a blogger, you’re in the driver’s seat. You’re the boss. You work as much or as little as you want.

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