5 Innovative Ways To Make Money Online In 2019
Let’s start with a basic assertion; we’re increasingly inclined to make and spend our money online in the digital age.
This is reflected by the global rise of e-commerce, which is projected to generate revenues of $4.88 trillion by the year 2021. This is fast becoming the most lucrative way of selling and distributing products to customers throughout the world, while online shopping also offers genuine convenience to consumers who want to buy goods from the comfort of their own homes.
When it comes to making money online, there’s certainly a number of innovative options available to individuals. Here are five of the most effective:
Take Paid Surveys
Another popular way of making money online exists in the form of paid surveys, which enable individuals to participate with brands and receive money simply for sharing their opinions.
The amount of money on offer varies from one survey to another, with some offering you up to £5 for as little as a few minutes work.
On a similar note, platforms like Swagbucks offer an opportunity for users to generate revenue simply by surfing the Web and watching specific videos. This represents a relatively passive source of income that can accumulate quickly over time.
Get Paid for Searching the Web
On an even more fundamental level, it’s now possible for everyday citizens to earn income by searching the Internet and trawling search engines such as Google or Yahoo.
To achieve this, you simply install an add-on to your standard Web browser and conduct searches to reveal targeted and sponsored results alongside organic alternatives.
With this method, you can make money simply by searching the World Wide Web as usual, with sites such as Qmee.com providing a platform to make this as lucrative as possible.
Wager Online and Leverage Free Bets
Online gambling represents huge business in the digital age, with casino gameplay and sports betting accounting for more than 93% of the virtual sector’s GGY.
In terms of making money, however, sports betting offers a superior option to customers, as this enables you to use insight and knowledge to identify the most likely outcomes.
Some of the best betting apps can help in this respect, as they offer detailed sports tips and guides that can be accessed in real-time. These can be used to inform your sports wagers and seek out the very best odds, increasing your chances of winning and potential returns in the process.
You can also look to capitalise on the plethora of free wagers offered by operators in the virtual market, by ‘matching’ these at a betting exchange and wagering for and against a selected outcome.
Financial and Social Trading
If you’re new to the financial markets, you’ll be interested to know that currency alone generates daily trading volumes of around $5.3 trillion across the globe.
This highlights the lucrative and increasingly diverse nature of the financial marketplace, which offers a unique opportunity for citizens to generate income over a short and extended period of time.
For newcomers, sites like eToro enable users to leverage social trading in order to build an investment portfolio. More specifically, users can follow established traders and replicate their most profitable ideas, while sharing tips and advice with those in a similar position to them.
Launch your own Website
If you’re in the market for passive income, one of the best things that you can do is launch a website.
Not only are there now numerous hosting resources that enable you to build a functional website from scratch in minutes, for example, but this asset can help you to establish several passive revenue streams for the future.
Paid advertising is one option, while you can also charge interested parties to publish content on your blog once the site begins to receive some traction.
While it will obviously take time to build and establish your website from a traffic and SEO perspective, this can deliver a significant yield over a sustained period of time.