Category: Finance & Investment

20 Legitimate ways to make money online in India (Or anywhere else)

 

 

Internet users are increasing day by day in India and so is the opportunity to earn online. Therefore, lots of people like me searching opportunities to make money online which is not a scam. If you have been thinking, “How do I make money online in India?”, “Is making money online in India possible?” or even “What are the legitimate ways to make money online in India?”, then this is the right place for you.

I am one of you and searching legitimate ways to make money online in India. But remember one thing clearly that it is not a get rich quick scheme.

You have to put the hard work and wait at least for six months before you earn any amount of money.

But if you want to learn regularly and work hard then the online world has a very high potential to make money, even millions and billions.

Hence, I’ve come up with a list of 20 ways you might actually make legitimate money online / making money from home in India (Or anywhere else), based on my online research.

 

Disclaimer: All opinions and views that are expressed here are on the purely individual basis and for informational purpose. None of the articles are to be construed as giving financial or investment advice of any type whatsoever. We do not guarantee the accuracy of the information as well. Please do your own research before doing any sort of investment.

 

1.Make money online in India: Monetising your blog

You may start a blog to show your passion and feelings to the world. But many other bloggers blog because they want to monetize it and make money from it. Blogging has the highest potential to make money online in India or any country of the world. When you are starting your blog then you may start earning by the help of advertisement in your blog.

There are many sites which you can apply for and earn money by displaying ads on your blog. These are a few popular ones that most bloggers use in monetizing their blogs:

Google AdSense – Adsense   is the one of the most popular advertising program used by the most of the well-known bloggers of the world. For using Google Adsense you have to go to their website and apply for approving your site. The approval of the Adsense team is not easy but you will get it if you try again and again. After the approval, you simply have to put ads on your pages and you earn money when visitors click on the advertisement.

 

PropellerAds – PropellerAds is a good alternative to Google Adsense which also pay you for your page impressions along with the clicks on the advertisement. They provide many types of ads like banner ads, pop-unders, dialog ads, mobile ads etc. You can get approve from propeller Ads in minutes and start to make money online from day one.

Bidvertiser – Bidvertiser is another alternative to Adsense and their minimum payout is $10. They also provide many forms of ads like Native ads, pop-under, Domain redirect, and XML. It is also easy to get approval and earn money from day one.

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Media.net – Media.net is one of the best alternatives to Adsense and I personally use it with Google Adsense and it works fine. Many well-known publishers use the Media.net advertising platform like Forbes, Elle, and Yahoo.

Chitika – Chitika is also another alternative ad, to begin with. It has a low minimum threshold and many well-known publishers like Yahoo use it. They have smart ad technology and RTB platform.

PopAds – PopAds specialize in popunders on the internet. The publisher gets to choose the prices and they use SSL technology just like the banks.

Infolinks – Infolinks is also a good alternative to Adsense. Their algorithm delivers intent-driven ads to the right users in right time. You can create a new revenue stream from your sites unused space. They specialize in ads which integrate better with the page.

 

Some people argue that Advertising on your blog can’t earn you much money rather than pennies if your audience is low. And it hindrance user experience of your visitors.

But I say that you are here to earn some money, actually lots of money in the long run. Then why you don’t show the intent from the beginning? Therefore, you can start using ads from the beginning to earn money from blogging. And there are other streams of earning money from the blog. Like you can sell courses, teach other bloggers, sell other companies products on your blog etc.

 

 


2.Make money online in India: Sell your old or unused items

 

You can sell your old and unused items rather than keeping them with the garbage. When these old and unused items pile up then it is very hard to keep them tidy. Then you can earn some bucks and others in any of the countries will be benefitted by these items.

If you have rare Pokemon cards like the Pokemon Illustrator card, you can sell it for $100,000 now!

You can also sale your clothes, books, mobiles and other gadgets, and even unused internet data or anything that is in demand. You can directly sell these items on big sites like AmazoneBayFlipkart, Jabong, SnapdealMyntra etc.

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3.Make money online in India: Set up an online business

 

Are you passionate about something and build it in your home? Then you can easily set up an online business.

Setting up the cost of an online business is very low and you don’t even have to buy or rent a physical shop. The cost of setting up is low as you don’t have to rent/buy a proper shop lot. You can simply set up a Facebook page and you can start selling items online. To be on the safe side, perhaps you need to apply for a license to do business online (if any). If you are not familiar with Facebook (though I doubt it), you can use marketplaces like Amazon, ebay, Flipkart, Jabong, SnapdealMyntra and even in Instagram and so on.

 


Make money online in India

4.Make money online in India:  Translation

 

Translation is a good way to earn money online in India without any investment. If you are bi-lingual or multi-lingual (most of the Indians are), you can provide translation services online. Translation is a very essential and desired quality around the world nowadays. But there are certain languages which are in more demand like Spanish to English, Chinese to English and Hindi to English.

You can choose to be a full-time translation job online or just work part-time from home on your leisure time.

If you are looking for an additional or side income then you can try these sites which provide an excellent income earning opportunity online.

 

Upwork – Upwork is the best freelance community out there in my point of view. It is the combination of Elance and oDesk. There are thousands of job waiting for you to bid, posted on daily basis. There is two type of Membership though Premium and free but you can start with the free Membership which is great.

Freelancer – This is also a great freelance site to try out. For the free membership, you can do a job 8 times a month. Paid membership will give you the opportunity to work on hundreds of bids per month.

PeoplePerHour – PeopleperHour is a UK based Company. You can bid on jobs or may get hired based on your profile.

Fiverr – No bidding is required in Fiverr and there will be no job posting. Here you will have to create a campaign to sell your services and clients will browse your campaign or profile to choose whether you are providing the best value for their money or not.

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For the experienced and established translators there are special sites like followings:

TransPerfect  

Gengo

ProTranslating

Translation Services 24

Capita Translation

They are very well established sites for freelance work and you can easily access and try them out.

 


5. Make money online in India:  Transcribing

Transcribing is writing the audio files into the written form. You have to listen and then write from movies, dialogues, and conversations. But remember that it is very time consuming and hard work.

If you are at the beginning of your online endeavor then you can try transcribing as it does not require special skill and technique.

 

You can find transcribing work in any freelance writing sites like Upwork, Freelancer, PeoplePerHour etc.

 


6. Make money online in India: Affiliate marketing

Affiliate marketing is promoting other companies products or services on your blog so that readers of your blog read or see these and they buy the product. Then you can earn a commission from those sales from the companies you are affiliate off.

Many bloggers earn full time with the help of affiliate marketing. Therefore, it is a very good way to earn apart from advertising on your blog.

 

There are many companies and platforms which provides the chance of affiliate marketing.

Awin – Awin is a great affiliate program. They partners with many advertisers and you can earn a commission when someone buys with your affiliate link.similar with Commission Junction.

Amazon Affiliates – Amazon pays 10% for most of the items sold from your affiliate link but sometimes you can even earn 15 %to 20%. They provide banners and posters and textual links.

Wealthy Affiliate – It will provide a website for you to blog about a certain niche, for e.g. how to earn through day trading. You will have to provide traffic to their site and you earn when people buy from your links.

Commission Junction – They are also another good Affiliate website.

 


Make money online in India

7. Make money online in India:  Data entry

Data entry works are easiest kind of work on online. You basically have to copy and paste the data into a database or an excel document. But most of the Data entry jobs are fraud and scams. They will simply ask you money for providing jobs and then will run away.

Therefore be cautious about the company which is providing the data entry job.

Some of the legitimate Data entry job providing sites are Upwork, Freelancer, PeoplePerHour or other freelance sites.

 


8.  Make money online in India: Website designing

You can provide your website designing service if you are good at it. Even in India, there are many companies which provide website designing services. I know it because I got many calls and emails from the service providers at the beginning of this blog.

 

You can find website Designing platform from the similar companies which provide translation, transcribing and data entry jobs.

 


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9. Make money online in India: Domain Flipping

Domain Flipping is one of the riskiest ways of making money online in India or anywhere else. There are individuals and companies out there that actually make a business out of flipping domains; in other words, buying and selling domains.

A domain name is “a distinct subset of the Internet with addresses sharing a common suffix or under the control of a particular organization or individual” or in simple words, your website address, for e.g. “Amazon.com”, “Bluehost.in” and “hemendrapatar.com.

GoDaddy  is one of the most popular platforms to buy website. But there are many other domain seller companies like Bluehost, Hostgator etc.

You can buy domain names from a very low price from about $10 each for a year. You can earn a lot of money by buying good domain names and selling them to other companies or individuals.

This is the list where you can find the domains which were sold for millions of rupees.

 


10. Make money online in India: Writing articles

Writing articles is a very handsome way to earn part-time or even full-time income online in India. If your writing skill is even modest you can earn a lot while having the prospects of continuous improvement.

These are some of the companies that actually pay for writing articles online.

Listverse – It pays you $100 for writing ‘listicles’, i.e. the article should be of lists comprising ten or more things/items.

Funds For Writers – The topics of this site are about helping other people to earn a living through writing, and they pay $50 per article.

eCommerce Insiders – They pay in the range $75 – $125 per article which have to be related to eCommerce and online retailers..

Article writing is an excellent way to earn money from India or anywhere else.

 


11. Make money online in India:  Sell your eBook

Ebook writing has taken a shape of the big industry. You can become a millionaire selling Ebooks to many platforms like Amazon KDP ,

Barns and Nobles , iBooks etc.

I personally tried it and found it amazing. It is not very difficult at all. You can choose to write non-fiction books within 10 to 20 thousand words and earn a decent income from it. But like anything in this world, it takes time to get the ball rolling.

In Amazon, you can earn the royalty of about 70% or 35% depending on where your buyer is located.

These are my books which I have published on Amazon,Kindle Direct Publishing.

 


Make money online in India

12. Make money online in India:  Be an online YouTuber

 

You might have stumbled upon in many of your favorite YouTubers many times a day. You also probably know that many YouTubers are earning millions from their videos. Anyone can become a Youtuber if he has some decent skills of creating and recording videos.

You might not know that people are making millions from youtube. Again, not an easy option, but very much doable for anyone who can record & upload videos on a particular topic.

Basically, if you are not a camera shy then you can earn decent money from it and may become a famous person. Most of the people fall into two categories which are running a successful YouTube channel. One is the funny and entertaining videos like Bhuban Bam and others are niche related videos like fashion, makeup, beauty tips, lifestyle, tech, and gadgets etc.

Two kinds of people can make successful YouTube channels, one who make funny & entertaining videos, second who can make highly helpful videos for a niche audience (like students, mothers, housewives, tech geeks).

The YouTubers mostly earns money from the ads, affiliate marketing, and reviews.

 


13. Make money online in India:  Design t-shirts

If you’re good and creative ideas and can design things then why not give a shot at designing t-shirts sell it online? You can either do it your own and sell it locally through Facebook or Instagram and other platforms.

These are some of the sites that will pay you to design t-shirts online:
TeeSpring

Skreened

Cafepress

Spreadshirt

Zazzle

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14. Make money online in India:  Monetising your Instagram account

Instagram is another method to make money online in India. You can potentially earn millions from your Instagram profile if you have a huge amount of followers like hundred thousand.

You earn money when the sponsors advertise their products and services in your profile based on the likes you get or the number of followers you have.

Go to gosnap if you are an online influencer.

 


15. Make money online in India:  Design and sell apps

If you have talent and creativity in programming apps, you can start designing them and sell them on the Apple iTunes App Store or the Google PlayStore. It is really a well earning opportunity for the online entrepreneurs.

You can earn $5 per download plus the advertisement money. Look at the apps like Facebook, Amazon which have millions or even billions of downloads.

Popular games like PokemonGo and Candy Crush have made fortune for their creators.

 


16. Make money online in India:  Selling your Instagram pictures

Instead of just posting photos on Instagram, you can sell them to many companies online and earn good bucks.

There are companies that will actually buy good photos such as:

Twenty20 – They will provide their website to set up an online gallery by uploading images. You can earn lots of money if your photos are good enough.

Snapwi.re – In this website, the buyers will ask for the photos which they want, for e.g. “girl doing a yoga pose” and the users will upload related photos. The selected ones get the money.

Instaprints – Transform your personal photos into wall art, home decor, apparel, fashion accessories, phone cases, and more! They allow you to make a portfolio and set the selling price of your photos from Instagram.

They allow you to create a portfolio by importing your photos from Instagram and you set your selling price.

 


Make money online in India

17. Make money online in India:  Doing micro jobs

 

In these days you can earn online by doing Micro jobs. Micro jobs include doing very small things like posting on social media, commenting, translating short sentences providing insights to files etc.

You would be able to earn only a little money for every task. Such as only 5 cents for commenting in YouTube. But if you do these jobs in bulk then it will soon pile up to hundreds of dollars.

Therefore following are the list of sites where you can apply and find these micro jobs online.

 

Amazon Mechanical Turk –  This is a very good micro-task provider with unlimited task or jobs. But it is very difficult to get your application accepted if you are not a US citizen.

Spare5  (Also known as Mighty Ai) – It is pretty simple to sign up here. And you have to get a PayPal account to be paid. Indians can also be accepted easily here. You can do here a variety of jobs like deriving the meaning of or providing human insights into audio, video, or image files. However, there are very less amount of tasks available.

Microworkers – They are also a big micro jobs provider, and you can do trivial jobs like image annotation (facial spots detection), surveys, image mining (Logo), image quality rating, data mining, content moderation etc.

Clickworker – This is another alternative website which gives you jobs like surveys, create or correct text, copy editing etc. but there may not be tasks available for an Indian.

 


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18. Make money online in India:  Online stock trading

Perhaps you have heard of Warren Buffet, the richest person on the earth for some period and constantly hold the spot of being the second richest person. He has been trading stocks for seventy plus years beginning from his childhood/

Then why you should not invest in stock trading or market? Especially when it is made so simple that even a grade one student can invest in stocks today.

You no more need to call your broker everytime you want to buy or sell a stock, thanks to the advancement of technology. You can do it by simply touching your mobile screen or clicking the keyboard.

There are many online brokerage firms available in India like Zerodha, SharekhanAngel broking etc.

But I trade inZerodha and strongly recommend it. Because they have  zero fee and provide good support. I have been personally using it for months now and fully satisfied with the outcomes.

 


19. Make money online in India:  Participating in the paid survey

The paid survey simply means that the MNCs want to know about their customer’s taste, behavior and what they want. They pay you for providing answers to their simple questions like your monthly or yearly income, which car you own, what do you do for living, etc.

Most of the paid survey is not applicable to Indians. But many of them pay a handsome amount of money. You can earn a living by doing online survey.

 

These websites like ClixsenseSwagbucks,  Neobux, and YouGov along many others will pay Indians to take surveys.

You can check the whole list here.

 


20. Make money online in India:  Telecommuting jobs

This is the last job on my list i.e. Telecommuting jobs such as work as a virtual assistant or an interpreter.

You can use the site Flexjobs to find different types of Telecommuting jobs in India(however you have to pay $14.95/month or $49.95/year). They take this fee because they keep the scammers away and enlist only the legitimate ones.

Some of the other companies which you can try are

indeed

timesjob

naukri.com

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It is the time to Action:

These are the only few jobs that you can do online in India to earn a decent income. There are hundreds of ways to suit your needs and capability to earn online.

But you don’t have to only read and know about these ways! You have to jump at it right now. Don’t worry and give up if you don’t make any money at the beginning for at least six months or so. Remember that Rome was not built in a day. You will need time to learn and apply the knowledge before you can become an online entrepreneur.

Thank you and all the best for your online adventure.

 

 

Mid caps and Small caps can crash in 2018

The Mutual Fund companies are a big factor in the market. Because they run the money of the public. And in India, most of the general people invest in mutual funds. These Mutual Fund companies are regulated by the government throughSEBI, Securities and Exchange Board of India SEBI changes it’s regulations from time to time so that the Mutual Fund companies are under control. Therefore SEBI had made some new regulations for the Mutual Funds to keep safe the money invested by the general public.

 

 

The Mutual Fund companies run on the money of the general public. So they try their best to get the highest return on their investment. Because we the public buys Mutual Fund mostly by comparing the return of past two to three years. when the company has a good return in two to three years it comes to the top of the list. So, it is preferred by most people hence they have a high cash flow. And they only need that!   You may think that it is a good thing to thing to earn a high return in a short period. No, it is not good.

 

 

Because in order to get more capital inflow from the public, they try to get more return by investing in Mid Caps and Small Caps. The large caps Mutual Funds invest in many Mid and Small Caps and the Mid Caps invest in many Small Caps. Because it can give them a high return. But there is also very high risk in the Mid and Small Caps. Because Mid Caps and Small Caps are very volatile and unstable. It can be Bearish in no time. And due to the liquidity crunch, it is very difficult for the Mutual Fund companies to sell these stocks. Hence their customers can lose their money.

 

Suppose an old gentleman doesn’t want to take high risk and invested in a large caps Mutual fund. He would think that his investment is safe and earn a decent amount of returns yearly. But the Large Caps Mutual fund may invest that fund in Mid and Small caps and try to earn a high return with high risks. So, it is a form of deception.

 

 

Therefore, the Government and the SEBI has made regulations to control that. From now onwards the Large caps Mutual funds would not be able to invest in Mid and Small Caps funds and Mid Caps fund would not be able to invest in Small Caps funds. In this way, the investor’s money will be relatively safe. And now these MId caps and Small caps hold by the Large and Mid Caps Mutual fund companies would have to sell their Mid and Small caps Stocks in a bulk.

When all the companies will sell their stocks in a short period of time there would be a sharp fall in the prices of the Mid caps and Small caps in the following month of 2018.

 

 

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How can an ordinary people invest in stock market

The stock market is a very scary topic for most people in the world. They simply think that it is just a gamble market. People gamble in the market and they win a large sum if they are lucky. And lose all their money if their luck is bad! This is not the case at all. Stock market rather is a product of hard work. You have to study the different companies thoroughly in order to understand them and to buy their stocks. But that is not all you have to study their portfolio, returns and debts, managerial quality, low price and so on. Usually, it takes very long time to properly understand the stock market. It is really a hard work. Therefore, we, the general people can’t understand it properly and play gamble because we often don’t have time to learn and patience it requires.

 

The world is in a new era today. This is the era of the internet. The Internet is really taking over the world. Today we can’t imagine our world without it. And in near future, it will become an essential thing like food, cloth, and house. It has revolutionized the world mostly in the better way and it will continue to do so.

 

The Internet has also touched the stock market. Now you can buy and sell a stock in a millisecond with the click of a key. You don’t need to go to the banks and follow different instructions, keep a trader and give a large fee. Today you can just go to Zerodha and open a account with a 500 Rs fees. There is not any hidden fees whatsoever. They give the opportunity to trade freely on equity with no fees. And flat Rs 20 on intraday and F&O trades! They have more than 8 lakhs clients and does 8% of daily retail trade volumes across BSE, NSE, and MCX. How amazing it is especially when the banks will charge thousands of rupees in every transaction you make. Because banks charges on the percentage of money traded.

How to open an account with Zerodha? You have to follow a simple method to open an account in Zerodha. Follow the below instructions to open the account:

  1. Go to their website https://zerodha.com/
  2. Click to ‘Open an account’ and then enter your credentials. Your name, mobile number, and email address.
  3. Click the button ‘continue to sign up’. Then you have to create a password and then continue.
  4. Then you can deposit rupees five hundred to open the account.
  5. You have to upload the documents through a computer or mobile device with an internet connection of course. An agent will contact you and then you have to send the required documents to their office by post. And don’t post the documents by ordinary post as it may not be able to reach the destination and you would have no proof in such cases. Always register it to avoid such circumstances.
  6. You can buy from the day you have open the account but you can only sell after your physical documents reach their office.

 

That’s it enjoy the trading and earn a lot of money. If you have any queries and problems then don’t hesitate to call their agent. They are very supportive and prompt to solve your problems. And don’t forget to research on stocks because remember that it is not by luck but by hard work you can get success in the Stock market.
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