The COVID-19 pandemic impacted the lives of so many people and wreaked havoc on the economy. It disrupted even the best-laid financial plans and a long road to recovery lies ahead. The economy is starting to pick up as the virus begins to lose its grip but it is taking time to recover after such a bad 2020.
During the pandemic, more people began going online for various activities than ever before. If you’re struggling to find new sources of income, here are some ways to make money online post-pandemic.
Sports betting
One online activity that became very popular during the pandemic was sports betting. While people were in lockdown and couldn’t physically attend sports events, they could still experience the excitement of being able to bet online.
At Betus.com, there is no sign of the popularity of sports betting abating now that the economy is recovering. Sports are helping to bring the economy back to life and revenue from sports betting is increasing all the time. Those who win money from sports betting take it seriously and stick to proven strategies, such as managing their bankroll carefully.
E-learning
Anyone with an educational background can make money online by starting an e-learning business. The importance of e-learning became very evident during the pandemic when schools closed and social distancing measures were in place.
Children had to quickly adjust and the demand for e-learning keeps increasing, even though many schools have now reopened. The pandemic appears to have ignited a growing demand for online courses and you can sell your expertise in training courses that offer expert knowledge.
Consulting
Consulting is a very diverse field. People offer their consulting services in marketing, law, politics, business etc. They teach people everything from how to develop an online course, how to start a dropshipping business or how to grow a following on social media. Making money as an online consultant can take a bit more time to set up than some other income streams, such as affiliate sales.
However, it is usually well worth the extra effort. Using a blog to funnel visitors to a business consulting service can be very profitable. Those who have the courage to push themselves to become experts in their industry can earn more and moreover the years.
Podcasting
All that‘s really required to start a podcast is a microphone and a recording app. It is possible to earn money through sponsorships and ads. Popular podcasts can generate thousands of dollars every month through sponsorships. There are other ways to benefit from podcasts, too, even with a small audience.
Being in the earbuds of listeners is a powerful way to create trust and boost authority. Podcasters should not be afraid to promote products or services that are relevant to their audience. A podcast can be a marketing tool to turn listeners into subscribers and prospects into paying customers.
Mobile apps
Even before the pandemic, dating apps, immersive games and VR apps were on an upward trend. There is plenty of money to be made in the mobile app industry. Those who have an idea for such an app still have room to enter this market because there is a growing demand.
One factor that will affect revenue from a mobile app is the monetization strategy used. Mobile apps can make money from ads, in-app purchases and subscriptions. It is important for mobile app designers to conduct research into who would want to use the app. Mobile apps do not have to be complicated to be profitable - they just have to work well for users.