Money is the motivation behind everything nowadays and the success of every business is quantified in terms of how much money it gives back in return.
Employment and unemployment are usually on topic wherever you go. But ever since the Internet, it is no longer business as usual for most employers and employees! People are now getting to virtual online work platforms contrary to the past when employers and employees were confined to their geographical locations. This makes it possible for you to literally work for any company or client around the world from anywhere you want.
Making Money Online; What It Entails
For most people, surfing the internet is just part of your day to day life.
However, whilst most people simply use the internet to login to facebook, check news sites or watch cute cat videos on youtube, some people are actually earning a living from it online.
There are very many ways of making a modest living online but the two most common methods are:
Freelancer – SEO, Web Design, Graphics Design. Whatever skills you’ve got that is transferrable online, there are people willing to pay for the service.
Affiliate marketing – Make money selling other peoples products. Sounds easy enough provided you can generate traffic and conversion to your website.
The best part of it all is that you don’t have to waste time travelling to your clients’ location. No. You only have to contact them and once the negotiation process is done (online), You can get down to working and after completing the contract as agreed, submit the work online. If you use seo for affiliate marketing then you don’t even need to deal with clients.
Freelancing has a big future in employment in my opinion. In years to come, most of the world’s population will be working and employing online. For example, as per now, around 50 million people in the US alone work online.
There are online platforms via which the employees and employers meet. These platforms are referred to as online work platforms. It’s no longer just the odd small business turning to these online work platforms, huge companies also use these for the flexibility of hiring a skilled contractor without all the red tape.
The main platforms on the market at the moment are; Upwork, Freelancer.com, Fiverr and Guru. But there are many more of these each offering something unique.
Of course, your online money making ventures are not limited to being a freelancer or online contract work. Other ways to make money online include trading Forex, commodities, stock and binary Options. These require skills and I would not advise you to jump in lightly as they require investment and high risk.
How to Get Started in The Online Job Market
You need skills. Remember working online is still a form of employment and in every employment the employer will always go for specific skills. You therefore have to have learn and perfect some skills. Now you may have graduated with a journalism degree so you can write great content which is highly in demand right now, or you are an experienced graphics designer. When you are qualified and experienced you can get a job anywhere.
However the beauty of the internet is that it allows you to learn skills which aren’t even taught in schools or colleges. Search engine optimisation or digital marketing for example is a case of learning from online material and trial and experience. If you want to learn seo there are plenty of available guides online, I wrote a guide to local seo myself.
If you have the skills, you can go ahead and sign up to one of the many sites. The platform of your choice should have ample clients looking for freelancers with your type of skills and should also be secure. For example, if you are a web developer, you should look for platforms like freelancer.com or Upwork where there are many clients who require web development services.
Every online working platform makes money by cutting some amount from the pay that the client makes. Different online working platforms cut different percentage from what your client pays you. For example, Upwork will cut 10% of the pay while
Fiverr will cut 20% of your pay. So take that into consideration.
You will be required to add some information on how you will be withdrawing your funds. This will require you to have a link from your online work platform to your bank account. There are various ways to withdraw funds to your bank account. Some of the most popular ways to withdraw your funds is via PayPal, Bank Wire Transfer, Payoneer and Skrill. You have to ensure that the information that you disclose at this point is safe to avoid instances of your bank account being hacked into.
After registering yourself with an online work platforms of your choice, you will have to work on your profile. The profile is what reflects your skills to potential clients. When a client wants to know whether you are capable of performing a certain task, they will first look at your profile to see whether you have the necessary skills or experience. Working on the profile is one of the harder parts to perfect.
How to Make Your Profile Look Appealing
The first thing is to complete your profile to 100%. In most cases, you will be required to fill a form with your name, country of origin, your telephone on mobile number, your email address and an upload of your picture. The picture should be very decent to portray professionalism.
Add your education background as well as any work or employment history that you have had. You should be careful to provide an academic background and work history that matches the skills that you claim to possess. This will go a long way in giving your clients that confidence that you are extremely good in whatever you do.
In some online work platforms, you will also be required to do some tests related to your skills as a way to ascertain that you are really good in whatever you claim to be good at. Before taking any test, ensure that you understand the areas that are covered in the test for you to score highly. The higher the points you get in these tests the better placed you are among your fellow freelancers with the same skills as you.
Then, the most important thing on your profile is your reputation among the clients that you have had a chance to work for. When you are given any task, you should ensure that you do it to perfection so that the client will rate you high or even come back to you for extra work. When you get many positive reviews (5 stars) from your past clients, you stand a greater chance when clients are making a decision on whom to offer their contracts to from a large number of applicants.
What You Need
For you to work online, you will require:
A bank account
That’s it. To summarise; learn some valuable skills, make use of available digital resources, sign up to an only work platform, perform the task well, get paid!