It’s fair to say that the coronavirus pandemic has changed the way we live our lives for the foreseeable future, perhaps even permanently. As the economic lockdown persists, many Americans are reevaluating how they can make a living while being confined to the home. Here are three ways you can generate income at home to ensure that even during lockdown the dollars keep coming in.
Move your business online
If you are self-employed and unable to access working environments, you are no doubt trying to maintain productivity while working from home. A simple way of doing this is to move your business online. A website can take the place of a physical shop or office, showcasing your products and services with the added benefit of testimonials from happy customers. Add an instant messaging service, and you can chat in real-time with customers, discussing products as you would in the office. Having an online presence widens your customer base and discoverability, opening up your products and services to those who are outside your vicinity. With the help of online platforms instantly connecting you to people from all over the world, you might be surprised at how efficiently you can conduct your business online.
Monetize your blog or YouTube channel
Thanks to ad revenue and sponsors, monetized blogs and YouTube channels can provide a surprisingly regular source of income. However, WordPress sites and low-quality videos will not tempt subscribers. Devise a strategy for the nature of content that you want to put out and a schedule for uploading videos and blog posts. To build a loyal follower base, it is best to choose one topic you are passionate about and stick to it (for instance, a YouTube channel reviewing films, a blog showcasing vegan recipes, etc.). High-quality, interesting content that doesn’t rely on spam or clickbait will soon attract followers and ad revenue and, perhaps, sponsorship. Be warned, though: subscribers will soon sense if you are less than sincere about your content and only in it for the money!
Offer online classes
Do you have a teachable skill? It could be the ability to play an instrument, speak another language, or even project management. As people spend more time at home due to lockdown, they are looking for ways to pass the time that are more constructive than simply watching Netflix. There are plenty of popular platforms that can help you develop your creative skills, with classes ranging from web design to flower arranging. If your skills fall into the professional development category, you could offer a class on LinkedIn Learning. This will boost your own LinkedIn profile while enabling others to boost their resumes in time for reentering the workplace. If the thought of teaching on large global platforms intimidates you, there are other options. Zoom has seen an enormous burst in popularity since the lockdown. Why not offer a Zoom class in your specialist subject, advertised on your town’s Facebook page?