A Comprehensive Guide to the Top 10 Best Ways to Earn Money in India:
Quick Summary
- Dedication and continuous effort can help you earn substantial income online.
- Freelancing, content writing, affiliate marketing, online tutoring, social media management are considered the best online money making methods.
- There’s nothing called a get-rich-quick scheme as earning over Rs 1 lakh per month demands hard work.
Table of Contents
With the rise of digitalisation, the search for the best ways to earn money in India has increased significantly. Many individuals are searching for online opportunities to make substantial income. However, it’s important to understand that earning a significant amount of money online requires dedication, inclination, and determination.
While there are various ways to earn money online in India, it’s important to note that it’s not a get-rich-quick scheme. If you are looking to earn more than Rs 1 lakh per month, you need to put in a considerable amount of effort and hard work.
Some of the best ways to earn money in India online include freelancing, content writing, affiliate marketing, online tutoring, and social media management. These avenues not only provide flexible work schedules but can also generate a considerable income with consistent effort.
Additionally, blogging, drop-shipping, starting a youtube channel and other digital assets have also become popular ways to earn money online. With proper research and guidance, these investments can provide substantial returns.
In this article, we will discuss some of the best ways to earn money in India online and provide you with the necessary information to get started.
Top 10 Best Ways to Earn Money in India – 2024
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:
- SHOPIFY and DROPSHIPPING
- BLOGGING
- AFFILIATE MARKETING
- FREELANCING
- INSTAGRAM INFLUENCER
- START A YOUTUBE CHANNEL
- SELLING ONLINE COURSES
- VIRTUAL ASSISTANT
- TRANSLATOR
- WEB DEVELOPMENT
1. SHOPIFY and DROPSHIPPING
It 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.
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 drop-shipping business you need to follow some basic steps-
- Decide a niche for your website
- Signup on Shopify and get a 14 day 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.
Recommended Read: How To Start Dropshipping In India- Complete Guide For 2024
2. BLOGGING
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 for writing and express, this field 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 hosting.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.
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.
Recommended Read:
- Building a Business Website? 8 Key Steps To Building Small Business Website
- How to Make Money Blogging: Free Guide for 2024
3. AFFILIATE MARKETING
Affiliate marketing is promoting 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 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
You can start doing affiliate marketing by making your amazon associates account for free or many more, while registering they may ask you to link a website, you can link your Facebook page link too if you have ample friends and followers.
After registering you can 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, you can also practice writing product descriptions to increase the chance of selling the product from your link. You earn a 2% to 20% commission for every successful sale, depending on the product’s price.
Also, read: Best Affiliate Marketing Platforms for Beginners
4. FREELANCING
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.
To start freelancing in any of the above-mentioned fields you can go to Freelancer.com, Fiverr.com, and Upwork.com. 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.
Recommended Read:
- How to Become a Freelancer from Scratch?
- Top 10 Freelancing Sites in India to Kick-Start Your Career in 2024
5. INSTAGRAM INFLUENCER
Being an Instagram influencer in 2024 is a great idea. The job of an Instagram influencer is to build an audience and establish credibility and persuade the followers by virtue of their honesty and integrity.
Instagram is one of the biggest social media platforms, there are more than 2.4 billion monthly active users on this platform and it is being used by almost every one of this generation.
Nowadays, most of big/small companies are using Instagram as a marketing tool to grow their business online. These companies contact Instagram influencers or similar pages with a huge following for promotions to attract followers on their 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
You need a minimum of 10,000 followers to become an influencer.
6. START A YOUTUBE CHANNEL
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.
- 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 monetisation part comes after this, now to answer the question of how to earn money without investment, you 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.
Recommended Read:
7. 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 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.
- Initial Investment: Rs 0-5000 month/-
- Experience/ Skill Required: For everyone and anyone
- Time Investment: 2-6 Hours a day depending on your course topic.
- 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).
8. VIRTUAL ASSISTANT
A virtual assistant’s job is to keep track of a business’s data, by doing administrative tasks and keeping everything organised. Virtual assistants are basically freelancers working at home or remotely. You have to handle various tasks like composing emails and responding to them. 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, and sales data.
One 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
9. 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 proper or a second/third language thoroughly.
Many international 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.
- 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.
10. WEB DEVELOPMENT
As you are aware, 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 pay-check.
- 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
Final Thought
In conclusion, there are numerous opportunities available for individuals to earn money online in India. From freelancing to selling products online, the options are vast and diverse. However, it is important to remember that earning money online requires dedication, hard work, and patience. Finding the best ways to earn money in India can take time, but with the right skills, knowledge, and effort, anyone can make a good income online. So, explore the different methods mentioned in this article and find the one that suits you the best. Remember to always be cautious of fraudulent websites and opportunities and only choose reliable and legitimate ways to earn money online. With the right mindset and determination, you can start your online earning journey today and achieve financial freedom.
Frequently Asked Question
How can I earn side income in India?
There are various ways to earn side income in India. Some of the popular options include:
1. Freelancing
2. Online tutoring
3. Selling products online
4. Delivery services
5. Paid surveys
These are just a few examples of ways to earn side income in India. You can explore various options and choose the one that suits your skills, interests, and schedule.
How can I make 1000 a day in India?
There are several ways to make 1000 a day in India such as online tutoring, affiliate marketing, freelance work, content writing, and social media management. You can also consider starting a small business, investing in the stock market, or driving for ride-sharing services.
How can I make extra income?
You can make extra income by taking up a part-time job, doing freelance work, selling products online, participating in online surveys or focus groups, renting out property or belongings, offering services such as tutoring or pet-sitting, or starting a side business. There are many ways to make extra income, depending on your skills and interests.
Here are some useful resources:
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