The implementation of quarantine and social distancing has transformed most people’s work lives into something unfamiliar by setting people back concerned with losing hours, suffering pay cuts, or worrying about unemployment. However, there are still a variety of resources for additional income that adhere to social distancing rules and could ease the tensions plenty of students are feeling at this time. Here are some ideas to pursue during your spare time in quarantine to rake in some extra money.
- Affiliate Marketing/ Referral Program
Affiliate marketing or Referral Program is an ideal opportunity for those looking for alternative sources of income during the pandemic.
In simple terms, you sign up for an affiliate program, and recommend the company’s products to your friends, your relatives, and others. A referral program is simply a process in which the company prime and reward customers for spreading the word about their product or service. Currently, there are many platforms and products building a referral program such as Bitcoinnami (also known as King mining) – a mining project which brings some attractive incentives for its investors through mining program:
- Direct bonus: you will get 5% value of your downline’s investment. Whenever the people you referred invest in mining BTCN, you will get 5% value of this package. This commission will automatically add to your wallet instantly after they purchase successfully. It also works in case they upgrade their investment. For example, when the person you introduce invests in a $ 10,000 package, you will receive: $ 10,000 * 5% = $ 500.
- Pairing bonus (or binary income): You have the sole discretion to arrange the people you introduced into your binary tree in order to get the greatest profit with 5% binary income from King Mining. For example, on your right team you have 5 members that invested $42,000 in total. And on your left team you have 6 members that invested $30,000 in total. King Mining gives you 5% residual income of the volume that would equal $30,000 x 5% = $1,500.
- Level bonus: In addition, you will receive a weekly bonus every time the following conditions are met. This is a lifetime commission.
|Level||Number of F1 active||Total value of 3F1’s package (USD)||Ratio of 3F1 buying package||Reward|
Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.
The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders.
- Online teaching
Around the world, online teaching services are experiencing a boom due to rising demand. The outbreak of the COVID-19 epidemic has forced more than 1.7 billion students out of schools and many of them online.
In fact, online tutoring platforms have grown by 50% in active users since the outbreak of the epidemic.
According to The Economist, meditation guidance apps, online fitness classes or online cooking courses are in the top search keywords.
In addition, in the context of numerous business closures, layoffs, and imminent economic recession, the number of people wanting to improve new skills and qualifications through online courses will also increase rapidly.
What is a freelancer? It is a self-employed individual providing services to many customers. Freelancers often make money from each job they complete for a client, either project-based or hourly.
Applying what you are doing in your current job to other units is a fast and easy way to make money.
Freelance careers have also grown in popularity in recent years. According to a 2019 study of Freelancer in the US by Upwork, 4 million people became freelancers between 2014 and 2019.
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