*Article contributed by Rosana Beechum.
Finding new sources of income is always a great way to boost your cash flow. By earning more, you can save more and invest more in the future. The internet is your friend when it comes to finding new sources of income. Many of you are already familiar with earning ad revenue and working on small online projects.
Aside from the more traditional ways of making money online, there are new opportunities you can explore today. Using nothing but a laptop or your smartphone – and the skills you already have – you can do more (and earn more) from anywhere.
Become a Micro-Influencer
You don’t need thousands of followers to be a social media influencer. Brands are switching to micro-influencers to connect with and expand their reach. A micro-influencer is basically anyone with 100 to 1,000 followers on social media.
Micro-influencers are seen as more effective than larger celebrities and influencers for two reasons. First of all, brands don’t have to spend as much money to reach a highly targeted audience. At the same time, micro-influencers also generate higher user engagement with every post.
So, how can you get started with becoming a micro-influencer? Monetize YouTube subscribers and Instagram followers that match brands and corporations, there are platforms that will help you market your social media accounts.
Have Conversations
Do you know that you can make money online doing nothing but talking to other people? You can talk to your social media followers, open an online consulting business, or explore additional income streams from conversations.
Similar to becoming a micro-influencer, the key here is connecting with the right audience. A lot of people will pay for 15 minutes of good conversation or tips on how to grow their business. You can offer your knowledge and experience through and make easy money.
You don’t even have to jump through hoops to set up a hotline. If you check out this app called Callmart, you can get money out of conversations immediately. You’ll be surprised by how easy it is to work at home and generate real income from calls.
Produce Content for Others
From the two opportunities we’ve discussed so far, it’s easy to see how content is a valuable thing to sell online. A lot of people have great ideas for content that will wow the audience, but not all of them can turn those content ideas into articles and videos that others can enjoy.
This is where your content creation services come in handy for them. You can multiply your YouTube earnings or advertising revenue by producing content for your viewers, all while offering content creation services to fellow creators with great ideas.
The opportunity has an added benefit too. As you make contents for others, you learn how to be consistent and can tap into new sources of ideas for your own content. This way, you can work towards boosting your YouTube income as well. All of these opportunities are easy to explore. The internet – and the many platforms and apps available today – certainly make finding new things to do and more sources of online income easier.
*Article contributed by Rosana Beechum.