Innovative Ways Of Making Money Online In The UK In 2023

Published on: 04 April 2023 Last Updated on: 01 December 2023

The cost of living is rising at an alarming rate, moreover in the UK.

Having a side hustle that provides extra income avenues makes a huge difference. The online space avails endless possibilities to do just that. You only need a computer, internet connectivity, interest, and time to explore and take up one of the numerous online money-making ways from the comfort of your home. Will anyone say no to working in their pajamas?

Statistics show that online businesses have enormous financial potential in the United Kingdom as many prefer ordering products and services via the internet. Read on for a few benefits of remote work and some profitable online ideas you can try out.

How Do You Make Money Online in the UK?

Many people in the world today prefer working from home to traditional employment. Remote gigs are highly flexible, and some require little or no training to set the ball rolling for success.

Tutoring, blogging, digital product sales, and freelance writing are among the most profitable online business ideas. Affiliate marketing, e-commerce stores, social media management, and personal brand sales are some of the most successful business models.

The online space has leveled the playground. It ensures you can earn from your skills or through sharing knowledge. You can succeed by being a virtual assistant, providing SEO and web or graphic design services for pay, or venturing into online retailing. Plus, you’ll do all that without investing a dime or formal training.

Here are ways of making money online that you can try out today.

1. Set up an Engaging Blog

Blogging is a sought-after way of earning money online. It allows you to leverage your knowledge and personality for profit. The beauty of blogging lies in simplicity. You reap handsomely from the opinions you share.

You can connect with and advertise for companies and brands or sell your own products and services once you develop credibility. Create a following of consistent visitors and monetize your channels to smile at the bank.

2. Start a Podcast

Podcasts create a community around an interest because they address topical issues. You require engaging, usable, and high-quality content to attract and keep an audience that allows you to monetize. Like blogging, podcasting only requires you to start with your existing skills and area of interest or expertise to earn a decent income.

You can mint money from the podcast by selling products or teaching interesting courses your audience loves. Alternatively, you can earn affiliate commission by connecting products and brands to your podcast or secure sponsorship.

Finally, your podcast can allow you to run crowdfunding campaigns or receive donations from regular listeners to produce high-quality content. The icing on the cake is that it can also help you market and sell your branded merchandise for that extra dime.

3. Participate in Paid Online Surveys

Companies are continuously looking for concrete client feedback about their products and services. Surveys have hence become a hot cake. Businesses are willing to pay you for your opinions.

Give them feedback and earn a little money during your free time. All you need to do is find a paid survey platform, sign up, create a profile, and share your opinions about products and services. You will make £1 – £20 daily without the need for starting capital.

4. Join Freelancing Platforms

Freelancers offer their valuable expertise for money. Freelancing is among the most popular forms of self-employment online, with little or no startup costs. You can live comfortably as an online freelancer in the UK, offering writing, web development, social media management, teaching English with a UK TEFL course or expert SEO services. Build a great portfolio and enjoy the freedom you cannot get inside a formal work environment. Freelancing eventually makes you resilient and self-reliant.

5. Set up an E-commerce Business

People are conducting business over the internet now more than ever and reaping huge profits. You can reach your customers anywhere, anytime. People are turning to e-commerce en masse in 2023, especially in the UK.

It is economical and quick to go to market as modern-day shoppers start their search from the internet. Besides, it is very cost-effective and adequately serves niche markets. Shoppers often shop online before they consider going to a physical store.

6. Venture Into Dropshipping

People favor dropshipping for its simplicity. You can ship and sell products you don’t stock or own. It allows you to engage your consumers with countless products. It has a low starting cost and diverse options for increasing consumers. You don’t have to deal with other business-associated risks, like warehouse theft. You get to maximize cash flow because you don’t stock the products unless you sell them. Try it!

Conclusion

Understand what works best for you to earn money online. Choose activities that match your strength and interests and start earning. The fact is you can become profitable online in the UK without dealing with high business startup costs!

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Arnab

Arnab is a professional blogger, having an enormous interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, He carries out sharing sentient blogs.

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10 Lucrative Online Gigs You Should Try Now

Need work? Don't have a good-paying job? What if you have a job but just can't make ends meet? In most cases, working a single job might not be enough for those who need the cash or those who are in debt. Although your job might be paying good, the odds might be stacked against you, which is why you should look for excellent online gigs to help you earn more. Of course, online gigs are only part-time jobs, so you get to have a say on when you work it. Having a flexible schedule means you don't have to part ways with your full-time job. As long as it's paying good, and your body can handle it, then go for it. Although most consider online jobs as part-time, some posts can offer full-time slots, which makes it more lucrative. With that said, here are 10 Lucrative Online Gigs that you should give a go to earn extra money: Disclaimer: The majority of the figures used in this article are estimates and come from this reference. A lot of factors can influence how a person earns — for example, skill, age, experience, knowledge, etc. 10 Lucrative Online Gigs You Should Try Now: 1. Virtual Assistant: There are lots of businesses that work online and heavily rely on VAs or Virtual Assistants to do administrative tasks. The tasks VAs do can depend on the company's transactions. Typical functions for VAs include responding to emails, making appointments, scheduling meetings, distribution of documents, etc. Rate: $15-$75 per hour 2. Freelance Writer: Writers often come up with articles, ideas, blog posts, and other necessary content for a project or client. The demand for writers is high, as most clients and jobs often look for excellent writers to create unique, high-quality work. Rate: $150-$1500 per article or content created 3. Teacher for Online Courses: Although this job may require you some certifications to proceed, teaching online can be an excellent way to earn money. Specific fields often need people online to impart knowledge to students. The most common teaching jobs often involve language subjects. Read more: Online Schools The Only Source For Personalized Education Rate: $1500-$2500 per semester 4. Greeting Card Designer: Everyone can do this job easily. Even if you don't know how to draw, some programs can help you design stuff with ease. You also don't need to draw well to write greetings, slogans, mottos, etc. Rate: $275-$500 per accepted illustration 5. Online Reseller: Being a reseller means you have to have some capital before you start. Don't worry, though, the money you'll need isn't that big. You can sell items such as USB cables, memory cards, mobile phone screen protectors, etc. Rate: Depends on your overall profit 6. House Sitting: Some families don't feel secure when they're on vacation. This is where online house sitters come in. As the name suggests, you just watch their house while the owners are gone. Aside from being extra attentive with everything going on, that's just it. Rate: $25-$45 per day 7. Social Media Manager: As social media is a crucial part of a business to succeed, some of them rely on social media managers to take care of their social media profiles. These people are responsible for posting timely content, managing messages, requests, shares, views, likes, etc. Rate: $16.68 per hour (average rate in the U.S.) 8. Medical Transcriptionist: Some agencies or clients may need certifications for this job. Medical Transcriptionists transcribe orders from a patient's chart, transcribe any orders that come through the phone, medication orders, etc. You need a computer, a suitable earpiece, good hearing, and keen attention to detail for this job. Rate: $17.17 per hour 9. Web Developer: Web Devs are in demand because they have the know-how on managing websites, creating one, and all the other technical, demanding stuff such as coding. Businesses who want to get online always get in touch with web dev. Rate: $119,550 annually or depending on the project 10. Translator: If you're fluent in two or more languages, then you can perfectly work as a translator. Industries that need translators are numerous. Some of your clients can come from hospitals, educational institutions, technical services, government sectors, etc. Rate: $30 per hour (average rate in the U.S.) Takeaway: If working a single job can't make ends meet for you, then you can try the jobs mentioned above to help you earn extra cash. Remember, work hard enough, and you'll soon reap the rewards. Read Also: 5 Places To Get Fast Cash 5 Ways To Make Money From Home 5 Reasons Why You Need To Hire A Career Coach

5 Ways to Make Money from Home

Life is full of surprises and good things come with a price. When students go to colleges and universities, all they think about is how they could earn money during their free time. For the employed ones, they look for ways to earn money during their free time. Either way, the money we earn does not get enough because even if you are highly paid in the workplace, you’ll still need to buy something and when you get it, you desire to buy something even better. Besides, if you are looking for extra money to pay off debts, boost your monthly income, support your family, or save for your retirement, there are a thousand and one ways to make money. Based on your expertise, schedule, skills, and situation, money-making opportunities are all over you such as taking various gigs on the side or looking for a new job. With the current technology, you can make extra money at the comfort of your home using a smartphone, laptop, or computers. If your current salary is too little for you and your family, here are some of the best ways to make extra money. 1. Freelancing : If you are so passionate about writing and doing graphic designs, there are so many freelancing jobs you can land on and get good money out of it. Some of them don’t require technical skills but simple skills and time that someone else don’t. The best thing about freelancing is that it has everything for everyone and you can work for clients from all over the world. For beginners, skyword.com is the best place to establish themselves. You sign up for free, create an account and add the best writing samples. A team at Skyword will review the sample and assign you stories depending on your portfolio and at the end of the day, you will make good money. As a freelancer, you don’t need to quit your job because, with a stable internet connection, you can work after work and during the weekends. 2. Online surveys : The online survey is increasing in popularity as one of the best money-making opportunities, especially among the students. If looking for a side job, you can opt to fill out online surveys during your free time and get paid. There are many research companies across the world that hire new members to test new products and answer surveys, and you could be one of them. Filling a form takes a few minutes and some of them are paid as much a $5. For starter, you can make extra money on these online surveys; i-Say, The Opinion Panel, MySurvey, YouGov, Hiving, Panel Opinion, Branded Surveys, Harris Poll, New Vista, PanelBase, among others. 3. Virtual assistant : If you possess exceptional communication skills and a good computer, its time you start making good money with what you have, and it could be no better than becoming a virtual assistant. As a virtual assistant, your work could be typing out emails, setting up appointments, or even buying supplies. The benefit of becoming a virtual assistant is that you work from the comfort of your home and the work can be done outside normal business hours making it a perfect side job to earn extra money. If you are still wondering how to get started, sites like VirtualAssistants.com and Zirtual are there at your service to help you find an executive in need of flexible assistance. Craigslist is also a perfect platform for you to find virtual assistant jobs and on a good day, you can get as much as $100 per hour, but even when you get $25 per hour, it's better than none. 4. Start a blog : If you have an interest in politics, nature, relationships, technology, animals or any other thing that directly affect human beings, you can turn your passion into a money-making opportunity by starting a blog. When starting a blog, you need a tool that can help you to get your content on the web. This tool is commonly referred to as a blogging platform. There are many blogging platforms around, and whether you are an IT expert or not, choose a clear and simple platform such as WordPress.org. Select a perfect domain name that focuses on the brand perspective, human perspective, SEO perspective, and legal perspective. Set up your blog and then configure and design your blog. By designing a blog, you give your blog a good face that can attract people to your site and make them stay. Finally, start creating great content that people may be interested to read. Go a step further and upload your content on the web and share it through your social media platforms. After sharing, engage your readers by reaching out to them personally, responding to their comments or doing any other thing that could make them come back. With the readership you have, you can start making money through one or more income streams such as advertising income, affiliate income, events, recurring income, and promoting a business. With continued work and experimentation, you can make good money out of blogging. 5. Tutor online : If you are good at any subject especially in the technical areas, you can monetize your expertise by teaching high school students or adults with less knowledge or experience than you in those particular areas. You do not have to fix your schedule and meet every interested person because you can teach them through online tutoring. In layman’s language, online tutoring is teaching in a virtual or networked environment whereby, learners and teacher are separated by space and time. All you need is a computer or laptop and a stable network and enjoy making money by teaching the subject you love most. Read Also : How To Make Money On Youtube Easy Ways To Make Money Without Doing Much Online Gaming Websites That Make Money

How To Make Money With Your Smartphone

People often dream of making money in a quick and easy way. The ultimate dream would be to make a quick buck with the use of your handheld device since everyone has one these days. A smartphone is a handy device that most people use for calls, texts, and browsing the web, and it’s currently one of the quickest ways to make money. Here are some of the ways that you can make money with the use of your smartphone: 1. Doing side hustles: If you want to make money with your smartphone, then you can start by doing side hustles with mobile apps. Side hustles are small jobs that you can do during your free time. These jobs and businesses can be done full-time, but you have the option of doing them part-time or freelance. If you have the right resources and investments, you can turn these side hustles into main sources of income. Here are some of the apps you can participate in: Airbnb - This accommodations app is famous for being a good source of income. You can use the Airbnb app to manage your own accommodation and also create an experience where you can tour someone to your locality. This side hustle allows you to make as much money as you want, as long as you have a good rental space, hometown adventure ideas, and a creative spirit. Uber or Lyft or Grab - These companies have their own strengths and weaknesses but they share a common principle of just needing a registered car and a smartphone to start taking rides. Your car-hailing application may depend on your continent or locality since some of these apps are only limited to certain parts of the world. Nevertheless, it’s a good side hustle to participate in a car-hailing service app. Deliveroo - this app is popular in the United Kingdom, which requires a bicycle and a smartphone. You can earn money by delivering food from restaurants to households. Since you will be biking across town, it’s also a good way to exercise while making money through your phone. 2. Watching videos: There are more ways to make money online and it often includes watching ads, trailers, and other content in video format. People love videos so marketers and advertisers have come up with ways to encourage more people to watch their ads, trailers, and promotional materials. These apps are so interactive that getting rewards and cash is considered a bonus. Here are the video apps for making money: Fronto - This Android app displays ads and news on your device’s lock screen. Interacting and viewing the videos or ads allow you to earn points that you can exchange for coupons, cash, and other rewards. Viggle - you can earn while watching TV or listening to music through your mobile device. 3. Doing what you normally do on your phone: These days, even browsing, playing, and other activities on your phone would earn you money. There are apps that are interested in your daily phone usage and would be willing to pay you for participating in their promotions and partnerships. Here are some apps that pay you for just doing what you normally do: Swagbucks - This app requires a higher level of understanding and usage to earn more points, but it pays you for things that you already do online anyway like surfing, shopping, and playing games. There are currently eight iOS apps and two Android apps, plus browser toolbars. Perk TV - similar to Swagbucks, you can earn while doing normal internet activities like watching videos, taking quizzes, playing games, and more. 4. Participating in auctions: You could have a lot of items in your house that you want to dispose of. Collectible items like unopened comic books, action figures, and limited edition prints can be sold through auctions through your mobile device. There are a lot of online apps that endorse auctions or the selling of collectibles. The current top auction apps for both Android and iOS are: eBay Copart LiveAuctions SmartAuction Pickles Live eBid AuctionSniper Manheim While most of the aforementioned applications are approved in their respective app stores, you can double-check their credibility beforehand. Prior to participating in any of the apps, make sure that you read the reviews of other users to make sure that they are legitimate. If they have issues with cashouts and transactions, then it’s a red flag to watch out for. Final Thoughts: Smartphones are the most common devices that people use on a daily basis, so it’s a thrilling opportunity to have them for something other than taking selfies and posting social media updates. As technology progresses, you can be sure that there will be more money-making ventures and apps in the future. Read Also: How To Make Money On Youtube 5 Ways To Make Money From Home Easy Ways To Make Money Without Doing Much

Innovative Ways Of Making Money Online In The UK In 2023