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Best Ways to Earn Money in India – 10 Different Ways in 2020

Earning money online is one of the most trending topics now, people all over the country are looking for easy and best ways to earn money in India. Most people are looking for online earning methods that give them extravagant amounts of money, which begs the question that how much money are we talking about here?

First of all to answer your question to earn money of such kind requires dedication, inclination, and determination. The number you have in mind doesn’t come that easily. Online the best ways to earn money in India are easy, but a lot of work has to be put into it. If hypothetically you are looking for the best ways to earn money in India Rs1,00,000 a month or more than Rs 1 lakh a month, then you must put in some work towards it.

If you want an answer to “How to make money online in India?” then I can provide you with 100 ways, but if you want to know about the top 10 most effective ways to earn more than Rs 1lakh a month then you need to go through the recommended 10 ways given below. These are the best ways to earn money in India.

So, out of the various ways to make money online, we have narrowed down the 10 best ways to make money in India more than Rs 1 lakh a month.

  1. SHOPIFY and DROPSHIPPING

Shopify is the best platform to start selling online and earn money. Shopify provides you with all the necessary tools to start your business from scratch.

It is easy to use and you don’t have to worry about the delivery part too.

There are literally hundreds of videos online teaching you how to start your own dropshipping business, using Shopify but if you want to go through a detailed process with an easy approach, then you can start watching from this video.

Here are some details you must keep in mind before starting your dropshipping journey

  • Initial Investment: Rs 5,000-30,000/-
  • Experience and Skills Required: Its for everyone
  • Time Investment: 2-6 hours per day, depends on how much work you put into it.
  • Expected Return in 1 Year: Rs 50,000-10 Lacs/month

Now, to start your dropshipping business you need to follow some basic steps

  • Decide a niche for your website
  • Signup on Shopify and get a 14day free trial
  • Go to unsplash.com to get elegant, copyright-free images that you can later compress with tinypng.com to use on your website.
  • Watch the above video and follow these basic simple steps and you are good to go.
  1. BLOGGING

ways to earn money

Searching for how to earn money online? Or easy and the best ways to earn money in India? Then this option is best for you. If you have a penchant to write and express then this filed awaits you.

You can start this online work from home anywhere. Blogging is one of the best ways to earn money in India. You can start by making a website on WordPress or a free one at wix.com. With very little investment you can start hosting at hostinger.in. It is very cheap and you don’t have to worry about learning how to design a website, as you can take your blog online in just a few clicks through WordPress after buying a hosting plan for hostinger.

You can watch these videos to start your own blogging website easily: Click Here, Click Here

Blogging can be on any topic or niche you like, there are no limitations to it. Once you are done with setting up a website and hosting your domain, you now need to have a niche to attract the right kind of audience to your blog. Now once that is done, all you need to do is register to google AdSense or Media Vine to start getting ads on your website, for payment.

  • Initial Investment: Rs 1,500-5,000/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 1-4 hours a day
  • Expected Return in 1 Year: Rs 10,000-1 Lac/month

You can earn more than the mentioned amount, but it takes time to scale a blog and there is no limit to what you can make using this online earning technique.

  1. AFFILIATE MARKETING

Affiliate marketing is the promotion of somebody else’s product online using various mediums like Instagram, Facebook, WhatsApp, Blogs, Websites, etc. So, your job is to only successfully sell a product in order to earn money out of it. You will be paid based on commission after every successful transaction. A successful transaction will get you a 2-15% commission of the MRP of the product.

  • Initial Investment: Rs 2,000-5,000/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 3-8 Hours a day
  • Expected Return in 1 Year: Rs 10,000-5 Lac/month

Watch this video to learn more about affiliate marketing and how you can start: Click here

You can start doing affiliate marketing by making your amazon associates account for free, while registering they may ask you to link a website, you can link your facebook’s page link too if you have ample friends and followers.

After registering you can simply start earning money through this online job. Your task is to sell amazon’s pre-existing top listed products, for which the list would be provided to you already.

If you like to write, then you can also practice writing product descriptions to increase the chance of selling the product from your link. For every successful sale, you earn a 2% to 20% commission, depending on the product’s price.

  1. FREELANCING

ways to earn money online

The question of how to earn from home? And how to make money online? are quite popular and very commonly asked. The answer to this question has many tangents, but if I talk about this particular one which is freelancing, I will say it’s one of the best ways to earn money in India online and eventually build a career out of it.

  • Initial Investment: Rs 0
  • Experience and Skill Required: For everyone and anyone
  • Time Investment: 2-8 hours a day, depending on how much you want to make.
  • Expected Return in 1 Year: Rs 10,000-2 Lac/month

The money earned varies from person to person and line of work. There are many options available in freelancing. You can become a content writer, graphic designer, artist, translator, virtual assistant, video editor, and more.

Watch this video to get a deeper understand of freelancing and how you can become a freelancer: Click Here

To start freelancing in any of the above-mentioned fields you can go to Freelancer.com, Fiverr.com, Upwork.com, or CheggIndia With no investment and excellent ROI, freelancing is a boon for anyone who is ready to put in some hours of their day to it.

To start as a freelancer, and become a Subject Matter Expert and earn money online.

Become a Subject Matter Expert

  1. INSTAGRAM INFLUENCER

Being an Instagram influencer in 2020 is actually a great idea. The job of an Instagram influencer is to build an audience and establish credibility and persuade the followers by the virtue of their honesty and integrity.

Instagram is one of the biggest social media platforms, there are more than 800 million monthly active users on this platform and it is being used by almost every one of this generation.

Nowadays most of the big/small companies are using Instagram as a marketing tool to grow their business online. These companies contact Instagram influencers or similar pages which have a huge following for promotions to attract followers on their own page.

  • Initial Investment: Rs 0/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 1-2 Hours a day and depending on how much you want to earn
  • Expected Return in 1 Year: Rs 1-2 Lac/month

Watch this video to get a clearer idea about becoming an Instagram influencer.

You need a minimum of 10,000 followers to become an influencer.

  1. START A YOUTUBE CHANNEL

genuine ways to earn money online

Starting a YouTube channel is no big deal but making it popular and turning it into a profession takes time, energy, and determination.

Big YouTubers like Bhuvan Bam, Carry Minati, Ashish Chanchlani took months and years to reach this level. Their popularity and acceptance have increased in these couple of yours only.

They started with whatever camera and phone they had and reached this level, so consider this way of earning online in India, one the best and most lucrative.

Take a look at this video before starting your YouTube channel: Click Here

  • Initial Investment: Rs 0/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 1-6 Hrs/Day, depending on how much you want to work and your niche
  • Expected Return in 1 Year: Rs 50,000-8 Lac/month which depends on the niche

The monetization part comes after this, now to answer the question of how to earn money without investment, you just have to reach a benchmark of 10,000 subscribers and register on google AdSense, and you start earning through ads on your channel.

You can also earn through product placements, promotions, and sponsors.

  1. SELLING ONLINE COURSES

If you have great skills in any particular niche(s) you can teach it to others too, you don’t have to have a degree or be a teacher. You can simply make videos of you explaining the topic in detail and provide a great learning experience to your audience in 10-20 videos, fully covering the topic.

For reference you can watch Pat Flynn’s video on how he sells his courses and earns $100,000 monthly: Click Here

  • Initial Investment: Rs 0-5000 month/-
  • Experience/ Skill Required: For everyone and anyone
  • Time Investment: 2-6 Hours a day depending on the topic of your course.
  • Expected Return in 1 Year: Rs 1-10 Lac/month which depends on the topic (eg Digital marketing courses are more in demand these days)
  1. Virtual Assistant

A virtual assistant’s job is to keep track of a business’s data, by doing administrative tasks and keeping everything organized. Virtual assistants are basically freelancers working at home or remotely. You have to handle various tasks like composing emails and responding to them. You also need to create business documents with PowerPoint and do data entry in Excel.

You are also responsible for responding to business inquiries, managing blogs, websites, sales data, and more.

You can refer to this video to get more idea about this field: Click Here

You can start on Fiverr.com or Upwork.com

  • Initial Investment: Rs 0/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 9 hours a day
  • Expected Return in 1 Year: Rs 50,000-4 Lac/month which depends on the number of hours
  1. Translator

Knowing your own language can be such a beneficial thing, you can simply start working as a translator online, hence this answers your question on how to make money online too.

Being a translator requires you to know whether your language properly or a second/third language thoroughly.

Plenty of international businesses and even national businesses are looking for people who can translate for them.

Having good proficiency is the only thing you need to start your journey as a translator.

You can start by registering on Fiverr or Upwork: Click Here

  • Initial Investment: Rs 0/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 9 hours a day
  • Expected Return in 1 Year: Rs 50,000 – 2Lac/month which depends on language and company hiring you.
  1. Web Development

As you are aware that Online earning in India in the future, no matter if you have an offline job or not, you can still have a side hustle, a part-time job, or a niche where you explore your passions and earn some extra income.

Web development is a great field, but it’s becoming common day by day, so your aim should be to become the best in class, in order to get hired for a heavy paycheck.

Before getting into it, you can check out the given video to gain some insights: Click Here

  • Initial Investment: Rs 0/-
  • Experience and Skills Required: For everyone and anyone
  • Time Investment: 9 hours a day
  • Expected Return in 1 Year: Rs 20,000- 1Lac/month which depends on the number of hours

You can start by registering yourself on Fiverr and Upwork

Conclusion

Given the above are the most effective and best ways to earn money in India. Most of them are part-time, which leaves you the time to pursue other hobbies and do something recreational. Web development, Virtual assistant, translator, selling online courses, YouTuber, Instagram influencer, freelancer, affiliate marketing, blogging, and drop shipping are the 10 best options for people of all ages and backgrounds. With the least amount of skills and experience required, these 10 best ways to earn money in India have proven to be the best ways to earn money and quickly too. Most of them require Rs 0 investment and all of them offer impeccable returns.

Subject Matter Expert Jobs