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E-commerce insights

Make money from home during lock down

With the world stuck at home thanks to the outbreak of the coronavirus, you may be looking for ways to supplant the gap in your income this month. Although many businesses have asked their employees to work from home, experts predict that supply chain operations may come to a screeching halt. Freelancers are having to make do despite the sudden drop in paying work. Over 3 million people in the US alone are filing for unemployment, expansions are being put on hold and there’s a growing fear that mass lay-offs will ensue.The good news is that there are ways to make money from home, and we’re here to walk you through some strategies you may want to consider to keep you afloat in this trying time. Here are 4 ways to earn money from the comfort of your home. 

Google Adsense 

If you have a website or blog, Google Adsense is one of the best ways to monetize it. This free service finds and fields bids from advertisers who want to use your site as ad space. AdSense does all the work for you, screening possible ads for quality and relevance to your content. This way you not only earn an income, but also advertise products or services that your audience are actually interested in. AdSense has a huge network of online advertisers for you to tap into, and only the highest paying ads will go live on your site. You get control over which ads are accepted; you can block certain ads and choose those which suit you best so that AdSense can recommend advertisers tailored to your brand and your content. You will have to have a Google account to sign up for AdSense, but not to worry, sign up is quick and simple. To enable the service, all you need to do is copy a piece of code and paste it to your website- AdSense will walk you through the entire process. You can get an idea of what revenue you could be earning by visiting the adsense site and entering your website’s category, region and monthly page view. As one might expect, many companies have decreased their ad spend hugely in light of coronavirus, so you may not see huge earnings, however, in dire times such as these, it’s important that you explore every avenue. 

Teaching online 

Employers may be encouraging skills-development from home during the lockdown period, which makes this an opportune time for you to teach online. You can set up your online course on platforms like Teachable.com where you can manage your virtual students, get access to payment gateways and marketing tools, not to mention over 20 million students in the Teachable network. All you need to do is create your course, upload your content and start sharing with students on the website. You can teach anything from your native language to web development to social media marketing, the power is in your hands. 

Freelance writing 

Freelance work will be difficult to come by as businesses pull that on spending and try to save money where they can. However, there are still opportunities for freelancers to make money from home. If you’re new to the freelance game, the first step is to sign up to a freelancers’ network where you can find work and proposals. Websites like Fiver and Upwork post thousands of jobs per day where you can pitch content and negotiate with employers. The work you do on these platforms, the more credible you appear and the more work you’re likely to get in the future. Once you’ve completed enough tasks, people you’ve worked with will verify your skills and you’ll be able to get higher paid work, as well. Companies are reeling to get their heads around the impact of the coronavirus on their business operations, so now may be a good time to pitch content relevant to the pandemic.

Start an online business 

Despite ongoing issues with production delays and e-commerce fulfilment, sales for necessities are on the rise as consumers avoid shopping in physical stores. Amazon saw a huge spike in the cost of face masks and hand sanitizers recently as people scramble to purchase limited supplies to avoid contracting the coronavirus. Naturally, you’ll need to do your research on which products are in high demand in your region during this time, however it may be a good idea to consider selling your products online as millions shut their doors to the outside world. It’s important to note that fulfilling your orders during this time is going to be challenging; with supply chains under immense strain, you’ll need to keep your customers abreast with regards to how your operations will be handling product delivery and so on. If you already have an e-commerce business, you should take a look at our article on how the coronavirus may affect you. 

ShoppingFeeder would like to reiterate the importance of staying informed during this time, and reminds you to stay home and stay healthy. 

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