Undoubtedly, the internet has made it easier than ever for people to connect, not only on a communication level but also for transactions. This has opened up opportunities to earn money from the comfort of your own home. Imagine making money while sipping a margarita on a beach in Bali – it sounds like living the dream, doesn’t it?
This dream can become a reality if you start an online side hustle that can unlock multiple income streams. But putting all the fun aside, whether you’re looking for a side hustle to supplement your income or want to start a full-time online business, there are plenty of opportunities available in the Philippines.
Here are some tips on how to make money online in the Philippines that are applicable to both beginners and seasoned business owners. As long as you have an internet connection (of course!), you’re ready to roll.
1. Freelance writing
If you possess a way with words, freelance writing can be an excellent way to make money online. Numerous websites, blogs, and companies are always on the lookout for skilled writers to create content for them.
While ChatGPT may seem to put freelance writers out of work, the tool has its limitations when it comes to originality and creativity, qualities that you, as a freelance writer, can provide. The more innovative your writing style, the greater your chances of standing out from your competitors.
By offering your writing services online, you can access a global market and find clients who are willing to pay you a fair rate for your work. You won’t be limited to just clients in the Philippines.
Another advantage of selling freelance writing services online is the low cost involved since you don’t need any special equipment or software. All you require is a reliable computer and internet connection.
Lastly, content is essential for websites seeking to establish an online presence, especially for SEO purposes. This makes it even more critical for writers to create unique content that is highly appreciated by search engines. As a result, there are always opportunities for freelance writers to find work and earn a steady income.
2. Online tutoring
The emergence of remote learning has led to the creation of numerous online tutoring websites that enable people worldwide to earn income by teaching students. This surge in popularity is likely due to the pandemic, which has greatly accelerated the growth of the education technology industry.
Similarly, online tutoring can also be a lucrative way to earn money in the Philippines. According to Statista, students who receive peer tutoring generally perform better academically than those who do not, indicating a consistent demand for tutoring services among parents who wish to improve their child’s academic performance.
Therefore, if you possess expertise in a particular subject and are able to leverage technology, you can undoubtedly excel in the online tutoring industry. This is because your services will stand out among competitors, making it easier for you to attract potential clients.
3. Selling clothes online
Selling clothes online is one of the easiest ways to earn money because it does not require any hard skills like writing or tutoring. All you need are clothes and an online platform such as marketplaces or your own website to start selling.
In the Philippines, selling clothes is a great idea because Ukay-Ukay is a popular activity among Filipinos. If you have any old or new clothes gathering dust in your closet, it might be time to consider selling them to earn some extra cash while cleaning up your closet. One person’s trash is another person’s treasure, literally!
4. Dropshipping business
Adopting the dropshipping approach is another interesting method for online selling. With this tactic, you can sell products online without the need to personally fulfil or ship orders. Instead, a third-party manufacturer will handle the process on your behalf when a customer places an order through your website.
Dropshipping is an ideal ecommerce model for startups and small businesses because of its minimal initial setup costs and lack of restrictions on the type of products to sell. All you need is a reliable supplier who can fulfil your orders and provide quality products to your customers. To learn more about finding the right dropshipping suppliers, you can refer to our detailed article on this topic.
5. Renting out your stuff
Nowadays, not only vehicles and living or working spaces are up for rent. Almost any product can be rented too. Sometimes, people don’t want to buy a product but require access to it for a specific period of time.
For example, when planning a camping trip and in need of a tent, it makes more sense to rent the camping equipment rather than purchasing it for a one-time use.
Therefore, if you have items that are rarely used or that people may be interested in renting, why not consider putting them up for hire? This way, you can earn extra income from items that would otherwise be collecting dust in your living space.
Moreover, Statista has projected the revenue generated from renting and leasing personal and household items in the Philippines is estimated to reach around 10.2 million U.S. dollars by 2024. This figure indicates that renting out your possessions can be a lucrative opportunity to explore this market niche.
6. Affiliate marketing
Affiliate marketing refers to the promotion of other people’s products with the aim of earning a commission on the sales made through your promotion. Some examples of affiliate programs can be found on popular websites such as Amazon, Lazada, and Zalora.
To succeed in this form of marketing, having a website or a strong social media presence is crucial to generate interest and drive traffic to the product you are promoting. And that is also one of the key metric companies will look at in their selection process.
Companies offering affiliate programs often use traction as a metric to evaluate potential affiliates. Once selected, you will receive a unique link that earns you a commission for each sale made through that link.
7. Participating in online surveys
Companies are constantly seeking consumers to test their websites and digital products and provide feedback on new features. They are willing to pay people to take surveys to gather insights that can help improve their products or services.
Just like selling clothes, taking online surveys does not require any hard skills. You don’t need to be an expert in using a product or service to participate in online surveys.
To get started, sign up for survey websites like Swagbucks, Survey Junkie, and Toluna to earn some extra income in your free time. However, keep in mind that online surveys are not a way to get rich, but they can be a great way to earn some extra money.
Online presence is key
From the above mentioned ideas, it is evident that prior experience, specialised skills, or in-depth knowledge are not mandatory to earn money online, except for being a tutor.
However, besides participating in online surveys, the other methods require you to create an online website, either with ecommerce features or without it. This is because having a website is crucial to establish your identity or brand and help with its promotion.
Therefore, it’s time to take action and start earning money online. If you plan to operate a website with ecommerce features, Shopboxo provides a free and quick setup for your online store in a matter of minutes.