7 Ways Technology Can Earn You Money in 2021

If you’re trying to earn some extra cash, you’ve probably researched multiple ways to get this done online. There always seems to be a guru, expert, or influencer earning high income and wanting to share their tips with you. Unfortunately, those tips or techniques offered will typically involve signing up for a webinar, course, or purchasing an eBook. If you’re tired of trying to find legitimate ways technology can help you earn extra cash, consider the following seven methods.

Sell your extra junk online

Whether you’ve been holding on to items you just don’t need, or you want to purge the cupboards, selling your items online can be a hassle-free way to earn some cash. Many websites allow users to post items free of charge, complete with photos and a description. If you’re looking for a local seller, find an online platform that caters to your area. For unique or specific items, you may want to look into a specialized website. This is particularly true for rare things that collectors may want to bid on.

Tip: If you’ve already decluttered your home and still want to find products to sell online, consider browsing local garage sales or thrift shops in your area. Look for high-quality items like clothes, appliances, toys, tools, or antiques that you can turn a quick profit on by selling online.

Become Your Own Brand

If you’ve got an engaging personality and live for social media, consider becoming an online brand. Many individuals have found extra income by simply monetizing the activities they do daily. This can include YouTube channels, sponsored content on Instagram, TikTok, and OnlyFans. Remember, you don’t have to step outside of your comfort zone when creating content; simply be an authentic version of yourself. If you’re looking to connect with influential people, consider joining a sugar baby website. By building your online brand, you’ll continue to earn income while increasing your following online.

Sell Your Photos Online

With most smartphones having the same functionality as a high-quality camera, selling your photos can be done online for quick cash. When you’re choosing pictures to sell, consider finding a niche that you’re exceptionally good at. These images can include abstract, city-life, scenery, or people (with their consent, of course). The idea is to build up your portfolio until you have multiple images to post online. Spend a few minutes deciding which platforms you’d like to sell the pictures on; they can vary by payment method. Some venues will offer pay-per-view, while others will offer a download payment plan.

Start Affiliate Marketing with Your Blog

For those individuals who have established blogs (or anyone looking to start a blog), consider joining affiliate networks. An affiliate is any company or service that offers a commission for selling products online. Traditionally, you’ll connect your viewers to their products through blog posts, videos, email marketing, or social media accounts. When the viewer clicks the link, they’ll be taken to a platform to purchase the product. Should the viewer buy the product, you’ll receive a percentage of the final sale.

These products may work best as a review post or connecting a product that is relevant to the content shared. For example, if you’re posting online cleaning hacks, connecting your viewers to a new vacuum or duster would work better than a car rental link. Try to ensure all your content is current and up-to-date when posting. You’ll also have to indicate when you receive financial compensation for your content, mainly if you’re doing sponsored posts or affiliate payments.

Consider Teaching Others Online

We all have specific talents, whether it’s repairing bikes in your free time or delicious baking. Using these skills to your advantage can add some extra money to your account. Teaching methods can vary; online courses, seminars, ebooks, or even a profitable blog dedicated to your specific talent can all be passive income streams every month. For those wanting to push their income potential further, consider running a monthly workshop for individuals to practice their skills in real-time.

Start an eCommerce Business

When most people hear of online companies, they picture massive warehouses, staff, and headaches. For most business owners, selling products online can be a large or small as you’d like. If you’ve perfected a hand-made item, consider using a website catering to craft items to sell your products. For those without an artistic side, dropshipping may be the perfect business model.

Dropshipping allows a business owner to sell various products to their customers while the manufacturer or supplier handles the item’s shipping. This means the products will stay in their warehouse until they ship directly to the customer. To get started, you’ll want to create a website, find a reputable supplier, and start posting.

Consider Multiple Earning Options Simultaneously

While these aren’t the only methods people can use to earn money online, all recommendations indicated above require minimal to no investment to get started. One of the most complex parts of starting a business is the steep investment that often comes with it. Slowly earning income over time will allow you to grow the business steadily without sacrificing time, energy, or valuable income. Many of these options are interchangeable or can be used together. For example, if you’re starting a course online, building your brand through social media can help with your overall sales. Likewise, a company that wants to start teaching others can sell finished products on craft sites.

This article does not necessarily reflect the opinions of the editors or the management of EconoTimes