If you are living in the UK or planning to visit the UK soon you should know how to make money online in the UK as this will significantly aid your stay.
It is no news that in the world today, there are a lot of ways people make money, both in the UK and outside the UK, online or offline, legitimate or not. There are just several ways to make money.
In today’s article, we’ll take a better look at how to make money online in the UK.
Today, there is virtually nothing you can not do with the internet, whether you want to generate some side money, earn some quick money, or just want to kick start an innovative business idea the internet is the perfect place to do it.
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The internet offers limitless money-making opportunities it doesn’t matter whatever your skill sets are or what level of education you have attained. If you know what to do on the internet, you will make money.
One of the most beautiful parts of making money online is that you make money from the comfort of your home and you control your time while earning, this is quite exciting especially when you consider how unstable the economy is today.
If you have some free time and would like some extra ways to make some passive income, just sit back and relax as we run you through a list of 15 ways how to make money online in the UK
20 ways how to make money online in the UK
1. Test And Review Products
You can make money from simply reviewing and testing products. Brands are always in search of people who can review their products and give feedback before launching.
There are a lot of sites where you can sign up and start reviewing and testing products, to get started reviewing products, sign up to market research sites such as ProductTestingUK.
You only have to carry out a few simple tasks like filling out a questionnaire to determine which target markets fit the product’s demography. You can also get paid to test digital products, otherwise known as usability testing.
2. Complete Paid Online Surveys
Just like testing and reviewing products, companies, and brands want to know what people think about the product or service they are offering so they pay people to take online surveys so they can know how best to hone their products, services, and marketing campaigns to suit their clients and customers. Many companies are using online surveys as a market research method to gather public opinion.
To start earning money with paid surveys, sign up to online survey sites like Swagbucks, OnePoll, etc, Swagbucks for instance is one of the largest survey sites in the world and pays out regularly currently has paid out over £400 million to survey completers.
3. Become A Youtuber
Do you have contents that are sellable? if so, you can start making money from youtube. Getting started might be easier than you think.
YouTube pays about 45% to 50% of ad revenue every month to YouTubers. These numbers translate to an average of about £5 to £7 per 1000 views, which means you will earn an impressive passive income from old videos you have made
You may think it’s tasking, well, not quite although it will require an amount of effort. The practicalities are simple and straightforward. You will need a camera, a computer, some editing software, and a high-speed internet connection for a swift operation in uploading videos.
Related: How To Register Your Business In UK
4. Create And Sell Stock Photos
Are you an exceptional photographer? Do you capture moments you know it’s worth selling? Selling stock photos is a simple way to make money online and still get the chance to do what you love.
There are a lot of markets you can sell your photos. Companies usually buy a subscription to a stock agency, where they have the right to use the stock images on the site they have paid for. Several companies buy stock photos to save time and money in place of arranging a photo shoot, writers of blogs, news stories, and website owners also need stock imagery to use on their pages.
5. Buy And Sell Domains
You can make a lot of passive income by buying and selling domains, in 2010, the CarInsuranmce.com website domain was sold for more than £38 million, you may not make as much in one sale but you are sure to make a minimum of £0.99 annually when you purchase a domain from a registrar like GoDaddy, Bluehost, Hostinger and after a while when its increase in value you can then sell them off for a good profit
You will stand a better chance of buying and selling domains with more general and common names.
6. Start An Online Store
You can make money by selling stuff in an online store. Creating an online shop is a lucrative way to make money online. An online store otherwise known as an ECommerce store offers a wider range of reach and you can target customers from anywhere in the world. There are several sites where you can set up an online store, an example of such a site is Shopify.
All you have to do is create awareness, make your brand strong and advertise your store on social media and Facebook ads to increase traffic to your website.
7. Trading Online
Trading online can be a lucrative way how to make money online in the UK, trading online typically involves buying and selling stocks, shares, and currency. Trading has been made easy now as many trading platforms provide trading simulators for new traders to practice.
You can take advantage of the forex market as there is a very high percentage of profit, The FOREX market alone sees a daily trading volume of about 3.9 trillion pounds.
8. Online Tutor
Another way how to make money online in the UK is to teach your skill online. If there is something you know you can do well, and that there are others who would want to learn the skills as well, then you can make money teaching it online.
Also, there are a lot of platforms that can help you effectively teach virtually, these platforms include FaceTime, Skype, and Google Hangouts, the make it pretty easy to tutor remotely from home.
9. Freelance Writer
Did you know you can be paid for how well you can use words?
If you’re a guru with words and have your way around grammar, then freelance writing would be a sure way to earn some good money regularly.
You may need to initially source for some firms, organizations, or individuals who would need your writing service online. Create a site that will showcase the best of what you do and make it known for anyone to see and most importantly make it easy for people to reach you.
There are websites you can approach with your content, these websites include Listverse, BeaFreelanceBlogger, and more…
10. Copy Editor
If you can spot typos, construct proper grammar, and have an accurate overall readability skill then you can start earning money being a copy editor.
There are a lot of industries out there that are seeking and ready to pay a copy editor to proofread, fact-check, and edit content or media work to ensure proper grammar, syntax, and punctuation are correctly used
Related: How To Introduce HR To Your Business
11. Virtual Recruiter
Virtual recruiters source, screen, evaluate, and interview new staff. Some companies are happy to pay someone who can source candidates virtually for them before delivering them for the second-stage interviews. These recruiters are mostly independent contractors who work remotely
12. Start Dropshipping
Another way how to make money online in the UK is through dropshipping. Dropshiping is a fast-growing aspect of eCommerce.
It is a method of selling online without having to physically handle the product, you only initiate orders of products from your supplier when you receive orders from customers, and in most cases, the products are delivered directly from the supplier to the customers saving you the stress and logistics of delivering it to the customer
13. Buy And Re-sell Limited-Edition Products Online
There is a strategic way to make money in reselling, although every reseller has its own strategy: a very strategic method is to invest in a few limited releases and stay awhile on them as they appreciate, you sell them out with a high profit made on it.
Limited edition items are the most profitable products to resell, resellers buy trending products and sell them for added profit. Many resellers use free apps such as Fillr to reduce their checkout times, and apps like Fillr will autofill your details for you.
14. Buy And Sell Cryptocurrency
Trading in cryptocurrency is another way how to make money online in the UK, trading cryptocurrency involves buying digital currency such as Bitcoin, Ethereum, and the likes for a particular price and selling it out for a profit. One of the platforms you can resell is Coinbase.
Although you will need a level of trading skill to be able to trade crypto because trading online requires some skills and is never without risk. Only remember to invest what you can afford to let go
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15. Test Websites And Apps
Companies pay testers to test the usability of their websites and apps before launching them. They do this to evaluate how easy to use the website or app is, also to get to identify any bugs or glitches.
As a website or app tester, you can earn money with just a computer and a microphone, the microphone because oftentimes you’ll need to record your testing moment and give verbal feedback so that the company can evaluate an authentic user experience.
You stand a good chance as a tester as there are very high numbers of software providers, new apps, and websites. There is no standard fee for testers, payment differs per provider, but you are sure to earn somewhere around £1 to £36 per test you can increase your pay by taking a course in UX or UI development.
- Related: 10 Top Best Social Media Benefits For Small Businesses
- Related: How To Introduce HR To Your Business
- Related: How To Register Your Business In UK
With this list of how to make money online in the UK, you will surely find your way around a few bucks. Let us know your favorite way in the comment box below.