How to Make Money Online in South Africa
The internet offers many money-making opportunities which seems endless. Hence making money online in South Africa is a pretty easy thing to do so far you learn the ropes
If you are reading a post that means you are looking for ways to make money online while residing in South Africa.
I’ll be talking about 8 simple things you can do online that have the potential of earning you a decent source of income if you want to make money online in SouthAfrica. Most of these things will only require the skills you already have or something you can quickly learn and master. So get your PayPal account ready because if you follow the ways to make money online in South Africa outlines in this artcle, you will fast be on your way to making cool bucks!
In a nutshell, here are the eight ways to make money online in South Africa:
1. Online Coaching Business
Do you have any skills someone else would want to learn? You can make lots of money from online coaching in South Africa.
You can teach different skills online. It could be digital skills, language skills, musical skills, and many more. No matter what your skills are, chances are, there is someone, somewhere wanting to learn it.
The shining spot of online coaching is that you can teach multiple people at the same time which saves you lots of time and energy, unlike one-on-one coaching.
2. Sell Digital Products
If you don’t know what digital products are, also known as information products, these are anything (information) that is delivered digitally — by downloading it. These include resource packs, e-books, PDFs, and more.
Have any skills that you find easy to do? You can document the work process and make it available in form of a digital product. You’ll be surprised to see that there are people who will pay to learn what seems like a passing breeze to you.
Digital products are a great way for you to generate passive income. You only have to create the product once, and you can sell it multiple times as you like. It leverages both time and effort.
This method of making money online is perfect for people who are accustomed to selling their time for money. Having an asset that makes you money even while sleeping changes everything.
3. Create an online store
After the post-covid-19 period and series of lockdown restrictions, naturally, a lot of businesses adjusted to these changes by shifting the work focus online. There no other perfect moment to create an online store in South Africa than now. There are now tools and software that allow you easily create and manage your online store, which is not available in the past.
An online store gives you a global reach, it’s easy to create, and requires less time and effort than the traditional brick-and-mortar businesses.
The major downside of creating an online store business is that tech expertise may be needed plus it requires a large investment to start.
A great platform that helps you host your online store is Shopify. Shopify aims to breach the inequality gap between big and small businesses and it’s doing a great job at that. Setting up an online store with Shopify is very easy.
Dropshipping is one of the few risk-free ventures you can test your hand with if you’re new to the world of online business.
What separates a dropshipping store from a normal online store is that, in dropshipping, you don’t have to deal with delivering the products to your customer. Also, it does not require a lot of capital to start a dropshipping store.
Your job as a dropshipper is to act as a middleman between a supplier and an end-user. You sell the product for the supplier and then you pay a pre-agreed portion of the money you made to the supplier. The supplier handles the shipment of the product to the buyer instead of you.
5. Using podcasts and YouTube videos
Another great way of making money online is by audio blogging (Podcast) and video blogging (YouTube).
Podcasting is becoming a global trend nowadays and there are still lots of opportunities to explore in the field. If you like sharing your opinions with other people but camera-shy, then podcasting is the right way to go. If you can build up a large audience, monetizing your podcast is very easy. You can make more for promoting a brand or product or by asking your audience money for the fund, some will be glad to hand over their cash for more content from you.
Don’t mind the glaring of the camera? It’s time to open a YouTube channel! Audio blogging and video blogging are pretty much the same, the only difference is the means of delivering the content.
Building a large audience base is hard work and requires that you post quality content consistently but definitely worth it.
6. Start a Blog
Blogging when done the right way is an amazing way of earning passive income on the web. Although it takes time before you start earning from it, once the ball gets rolling, it can become a major stream of income with decent monthly earnings.
In contrast to an e-commerce store, blogging requires at least a year before you start making decent money from it. There have been lots of successful blogs that earn above R20,000/month, so you’ll have to be patient and persistent about it. Good things do not come easy, does it?
There you have it! A total of six ways you can make money online in South Africa in 2021, and that’s not all you can do. Making money online can become a means of livelihood for some people and a better alternative to quitting the 9–5 job for some. Just take action!