6 Online Business Ideas To Earn 7-Digit Salary In The Philippines
ONLINE BUSINESS IDEAS – Here are 6 online business ideas to earn a seven-digit salary in the Philippines.
Jeff Bezos, whose net worth is above $100 billion, is the richest person in the world as of this writing. What does he do? He founded Amazon, the largest online shopping store in the world.
Businessmen who traded oil and steel were among the wealthiest and most powerful individuals on the earth more than a century ago. Today? You’ll recognize icons like Jeff Bezos, Mark Zuckerberg, Bill Gates, and Google founders Sergey Brin, and Larry Page. These people made billions by developing internet services and online services. Proof shows online firms are dominant in the modern world.
Here are 6 Ways to Earn Money Online in the Philippines
1.Blogging & Content Publishing
In the early years of the internet, “web log” or simply “blog” was developed to function as an online personal journal. A blog is different from a standard website in that it primarily functions as an “online journal” where the author expresses his opinions and posts them in reverse chronological order.
In addition to blogs, there are two alternative ways to publish blog content:
Podcasting
Podcasts are episodic collections of digital audio files (some also contain video) that may be downloaded or streamed online. The majority use the standard chat show style, while others merely narrate material. The Tim Ferriss Podcast and Joe Rogan are two well-known examples.
Video blogging, or vlogging
In essence, video blogs are websites that deliver content in video form. Because of its popularity and reach, YouTube continues to be the top platform for vloggers. PewDiePie and Casey Neistat are two well-known vloggers.
2. Create an Online Store: E-commerce & Dropshipping
Different types of business transactions carried out online are referred to as electronic commerce, or Ecommerce. Online shopping is an example of e-commerce in action.
What is Dropshipping and how it works?
Imagine being the owner of a pet shop that specializes in selling different kinds of pet food. However, you only purchase pet foods if a consumer places an actual order, as opposed to having actual inventory sitting in your physical store.
By avoiding the issue of having perishable pet food on hand, it avoids possible losses should they unavoidably go bad. But more crucially, it enables you to launch your business rapidly without having to purchase products or inventory that you will later market.
All of these tasks are online. There is no requirement to open a physical store.
Dropshipping is what it is. Customers place orders/purchases with the retailer (you), who then sends them directly to your suppliers. They will then handle producing and supplying the item before sending it straight to the customer.
Setting up the online store (website, social media page, etc.) and payment system is your main job.
3. Freelancing Business
What is Freelancing?
It’s a word used when a self-employed worker provides services to clients, typically on a contract basis. Additionally, freelancers frequently handle several clients at once.
- 3D Artist
- Academic Writer
- Accountant
- App Developer
- Architect
- Artist
- Book Designer
- Book Editor
- Bookkeeper
- C Programmer
- CAD Designer
- Comic Artist
- Commercial Writer
- Computer Programmer
- Concept Artist
- Copyeditor
- Creative Director
- Web Developer
- Electrical Engineer
- Fashion Designer
- Fashion Stylist
- Fiction Editor
- Film Editor
- Flash Designer
- Game Developer
- Digital Marketer
- Graphic Designer
- Industrial Design
- Interior Designer
- Interpreter
- IT Consultant
- Logo Designer
- Marketing Consultant
- Media Buyer
- Medical Transcription
- Motion Graphics
- Online Tutor
- Photo Editor
- Product Designer
- Professional Services
- Video Editor
4. Affiliate Marketing
Promoting a business or another person’s product or service with the intention of making money from each sale is referred to as affiliate marketing.
5. Website Flipping
Build/buy/improve a website, add value or income, and then market it. In a nutshell, that is what website flipping is.
It works on a similar principle to cable TV series when people identify and purchase dilapidated homes, remodel them, and then sell them for an impressive profit.
6. Launch a Startup: Selling Digital Products
What do mp3s, videos, software, and apps all have in common? All of them are easily delivered and distributed online.
A product or tool that may be produced once and disseminated numerous times is referred to as a “digital product.” As a result, it has a clear advantage over physical products in terms of the production and distribution of inventory.
What can you say about this article? Leave your comments and reactions below.
READ ALSO: CRYPTO WALLET: Reasons Why Crypto Wallet Is Needed
Please like and follow/subscribe:
Philnews YouTube Channel
Philnews.ph FB Page
Viral Facts