Top 10 Ways to Make Money Online for 2020

If you are planning a career change, why not take the leap and do your own thing for 2020? Be your own boss and run your own business! Here are the ten best ways to make money online for 2020:

#1 Start an Online Store

One of the best ways to make money online with your own store is to either sell your own products or resell products or services from other companies. Starting your own store can be a big commitment, but if you do it right it pays off long-term!

#2 Learn to Become a Web Developer

With all the new tech and software popping up each day, web developers have lots of ways to earn money online. Starting from scratch means learning the basics first, and then progressing to learn all the advanced skills later on as you gain more experience. Why not start by taking a course if you’re a beginner?

#3 Become an Affiliate Marketer / Social Media Influencer

If you like to spend a lot of time on social media, why not earn money online as a social media influencer? Once you gain more followers on social platforms like Instagram, you can start promoting products as an affiliate marketer and get earnings every time one of your followers buys those products.  

#4 Make Money Online Trading Stocks, Shares & Currencies

If you have business or financial savvy, or enjoy keeping track of the stock market or currencies, you can make it a full-time gig. There are even sites that let you hone your skills without investing at first!

#5 Make Money Online as a Web or Graphic Designer

If you’re not into coding, you can still make money online with graphic design which can develop into designing websites. Today, many platforms let you design a website from scratch without ever having to write a single line of code which is perfect for beginners.

#6 Earn Money Online as a Digital Marketing Expert

Not a single business can make money online without digital marketing. Get familiar with the basics and build a name for yourself through methods like blogging, guest posting, and PPC. Then, you can sell those services to other businesses.  

#7 Earn Money Online Selling Homemade Products

If you love DIY projects, why not earn money online by selling those products? Research on how viable it would be to monetize your craft, and start with an account on handmade shop sites such as Etsy.

#8 Earn Money Online Re-Selling Products & Services

Reselling someone else’s services or products is one of the best ways to make money online if you’re not interested in making your own products. You will be a vital link in the supply chain, connecting manufacturers and customers without the need to spend money on product testing!

#9 Earn Money with an Online Job

Why not earn money online with a fully online, remote job? Become a blogger, product tester, writer, transcriber, financial advisor, and many more. Research online job employment sites and see what skills are sought after, there are thousands of opportunities around the globe, you just need to find the right one.  

#10 Make Money Online Outsourcing

One of the final best ways to make money online is to outsource part of your services. If you want to run a content management business, you can outsource writing, while keeping the marketing strategy part in-house. Outsourcing allows you to expand and take on more clients so you don’t hit that ceiling like when you’re a freelancer on your own.

Which of these ways to make money online for 2020 is the best fit for you?