Young Urban Project

How to Make Money Online in India [Without High Investment]?

The Internet has opened up new ways to earn for anyone – whether you have experience in business or not. There is an unimaginable number of ways of how to make money online in India or anywhere else in the world.

Most of the rules of traditional business do not apply to online businesses. And the best part is, these online businesses do not require a heavy investment that traditional businesses used to require.

In fact, let me highlight that while there are some online businesses that do not require a physical product, there are also certain online businesses that don’t even require you to have a product.

Really low barriers to entry is one of the biggest reasons why people are flocking to find out how to make money online in India.

I have written this blog post to introduce you to some Proven ways for earning online – no matter what part of the world you are sitting in.

You don’t need an office, or staff, or heavy investment to get started with this. It also doesn’t matter if you have any work experience or not.

All you need is passion and a computer.

Why is there a surge in search for how to make money online in India?

Let me share an astonishing statistic with you. The Indian freelance economy which is ranked as second has an estimated count of 15 million freelancers.

This is coherent with the thought process of the current working generation that prefers flexible work culture.

The hectic jobs and the endless traffic jams (especially in the metro cities) have led to adverse effects on the physical and mental well-being of people.

These are some prominent reasons why a lot of people are quitting their jobs and starting their own businesses. This allows them to work on their own terms.

There are numerous stories of such people across the country who have leveraged the power on the internet and they run successful businesses today.

You will also find real stories of successful freelancers in our Ultimate guide to freelancing – Stop Working for Peanuts.

Top 9 ways of how to make money online in India in 2021

I have given a fair understanding of each of these online businesses and you need to choose one that is closest to your skillset and/or your liking.

Please note: The potential earning figures given are indicative and might vary from business to business.

1. MAKE MONEY ONLINE WITH BLOGGING

How to make money online in India with blogging

You need to have a passion and consistency to be successful in blogging. Today the range of topics you can write blogs on is limitless.

Initial Investment:Rs 2,000-5,000/-
Experience/ Skill Required:Anyone Can Start
Time Investment:1-2 Hrs/Day
Expected Return (1 Year):Rs 5,000- 50,000/month

2. MAKE MONEY ONLINE WITH AFFILIATE MARKETING

In simplest terms, Affiliate marketing is the act of promoting, either products or services of someone else, to your community or followers, and earn a commission whenever sales happen through your affiliate link.

You need to find products or software that is relevant to your audience and share it with them so they can avail them (the products or software).

Whenever you join an affiliate program, you are assigned a unique ID and a specific URL to use when promoting the company’s product. You can use these links in your blog, posts, stories or email marketing to share with your audience. When a potential buyer clicks and subsequently makes a purchase through your affiliate link it gets credited to you and the payment is made depending on the payment cycle. (This may vary for different products and services).

Let me help you get started with a few websites that have affiliate program.

Hubspot Affiliate Program: As an affiliate for HubSpot each product tier has a different commission attached to it. If you have a large business audience and you can manage to sell their products for businesses, you can earn upto Rs. 75000 approx. with just one referral purchase.

Amazon Associates: Amazon Associates pays commissions between 1% and 10%, depending on the category the product purchased falls under. The most valuable items are the clothing and beauty products which give a 10% commission.

E-bay partner network: The eBay Partner Network typically gives a commission of 50% to 70% of auction fees (this is not the sale price) For each item sold, eBay charges the seller an auction fee. You earn a percentage of the revenue eBay earns from that purchase, based on the product category.

Flipkart Affiliate Program: This is another popular e-commerce affiliate program in India. The commissions vary from 1% to 12%. The various categories of products available are Books, E-Books, Mobiles, Computers, Toys, and Cameras.

Apart from these programs, you can also signup with Affiliate Marketplaces which include products and software in every category under the niche. The marketplaces pay a much higher commission than the above platforms because in this case, each business decides how much do they want to give out as commission.

Some of the best affiliate marketplaces in the world are:

If you are allowed in your affiliate agreement (check the terms and conditions with the company) you can even add a valuable bonus from your end to make the deal sweeter for your customer.

People love bonuses and this gives them an incentive to buy through you.

However you need to start by building a loyal and respectable following.

Once you do that this will be a wonderful business model that can generate passive income for you.

Initial Investment:Rs 3,000-5,000/-
Experience/ Skill Required:Anyone Can Start
Time Investment:2-3 Hrs/Day
Expected Return (1 Year):Rs 10,000 – 1 Lac/month

3. MAKE MONEY ONLINE WITH FREELANCING

Freelancing is on an upward trajectory as a career choice across the world. It probably is the first choice when you think of how to make money online in India.

I can think of endless examples where people have left cushy jobs to start their freelance business and have started earning 3X-5X by working only 6-8 hours on an average a day.

There is an amazing sense of freedom you experience with freelancing. Be it any field the need for freelancers is there.

Though I would suggest not to leave your existing job immediately. Build a steady stream of income before jumping full time into freelancing. You can start by building your portfolio and connecting with potential clients.

This will help you build a decent profile before you make the switch full time and ensure your basic expenses are taken care of.

You can start by simply registering on one the common freelancing websites and posting your offered services.

To help you We have a detailed guide on freelancing which you can refer to.

Initial Investment:Rs 0/-
Experience/ Skill Required:Anyone Can Start
Time Investment:2-12 Hrs/Day , depending on how much you want to make
Expected Return (1 Year):Rs 10,000-2 Lac/month

4. MAKE MONEY ONLINE WITH SOCIAL MEDIA CONTENT CREATION

If you ask how to make money online in India, I’m sure you will certainly hear about ‘Social Media’. A lot of people, especially in the travel, food, fashion & lifestyle domain have started off by creating an Instagram profile. It is one of the easiest ways to start and test waters.

Social Media has given a fair opportunity to people across industries and geographies to start and grow a business.

In fact, I started Young Urban Project as an Instagram account before there was anything else.

Here, I am not just talking about Content Creators (influencers) who earn lacs of rupees per month through paid promotions with brands. I am also referring to small business owners who start by building their social media presence and showcasing their products or services.

Social Media helps build strong connections, trust and allows businesses to monetize the community.

If you are a small business owner, all you need to do is understand and start experimenting with Ads and see your business grow.

To start first evaluate these three steps:

  • How you can tie a product category to your niche (For example if you are into Fitness you can tie up with fitness wear, fitness supplements, etc.)
  • Engagement by your followers.
  • Revenue channels you wish to explore.

Even if you have a smaller following but your audience is engaged you can start making money and gradually increase your community.

You can start making through one of these ways:

  • Do sponsored posts for brands.
  • You can paid service through your account (example consulting)
  • You can start creating and selling products either physical (food items, household items) or digital (e-books).
  • Sell licenses for your photography or videos.

Remember that Brands don’t just look for the size of your audience but also their loyalty and engagement.

5. MAKE MONEY ONLINE WITH DROPSHIPPING E-COMMERCE STORE

If you are looking to start your own e-commerce business but don’t want to get into the hassle of manufacturing and supply chains and want to do so without investment, that Dropshipping is your solution.

Let me explain how dropshipping works:

Shopify is the easiest way to do this.

Let me explain the steps to help you understand better.

Where to get Dropshipping products from?

You can find dropshipping vendors from the following platforms:

But just setting this up isn’t enough. You need to put in the work to be consistent and drive traffic and ensure sales grow.

Initial Investment:Rs 10,000-30,000/-
Experience/ Skill Required:Anyone Can Start
Time Investment:2-4 Hrs/Day , depending on how much you want to make
Expected Return (1 Year):Rs 50,000-10 Lacs/month

6. MAKING MONEY ONLINE BY STARTING YOUR OWN YOUTUBE CHANNEL

Youtube is a great place to start making money. If done strategically you can earn up to a six-figure income a year.

You could build and put content videos on just about anything as long as you are providing value to your customers and grow your subscriber base.

There are a few ways you can decide on how to go about your YouTube channel:

You just need some basic equipment and knowledge to start making high-performing YouTube content:

Once you start making high-value content and be consistent with it, you will be able to monetise it.

7. MAKE MONEY ONLINE FLIPPING WEBSITES

An offbeat way on how to make money online in India, website flipping is pretty similar to flipping houses in real estate. You just buy a website “renovate” it which basically means improve the design and copy and then sell it for profit. However, unlike the long hours put in the actual real estate flipping where you have to deal with dirt, workers to get things done, mite-infested areas, and whatnot, the digital equivalent helps you make money without all the hassle.

There have been some high worth deals in website flipping and this has attracted a lot of people.

I would like to put a word of caution here. If you are looking at this as a short term way to make quick money, please rethink. But if you are keen on learning and leveraging the mechanics and doing this strategically you have an opportunity waiting for you.

It takes time to understand how the market works, what’s trending, how to attract buyers, and what can make you a decent sum.

To get started you can refer to some pointers I have listed.

8. MAKE MONEY ONLINE WITH VIRTUAL ASSISTANTSHIP

If you are looking for not-so-usual ways on how to make money online in India Virtual Assistantship is something you can explore. A virtual assistant is someone who works for remotely. With the pandemic hitting the scope and importance of this has risen. Today majority of people have access to internet. This works well for small businesses who need help in running their processes, but may not be willing to hire a full-time employee or to spend the extra money on office space.

As a virtual assistant, you can perform any administrative task that a traditional secretary or assistant would, such as make travel reservations, handle expense reimbursements or pay bills.

You can do it this from the comfort of your home. The interaction with clients happen either online or by phone. Your expertise will decide how much money you make through this.

Typically a contract is signed when a virtual assistant is hired.

You could register on freelancing sites (Fiverr, Upwork, freelancer.com) to look for this kind of work.

There are a number of Freelance market places that can be explored for this (There are communities like Virtual Assistant Network Association that you can consider joining on Facebook also).

9. MAKE MONEY ONLINE BY DEVELOPING MOBILE APPLICATIONS

With a huge surge in the usage of smartphones, the demand for applications, or apps as they are popularly known, has also shot up. There are over 3 million apps for the iPhone and over a million apps in Google’s Android market.

Mobile Apps are selling like hotcakes. The App developers work on creating functionally and aesthetically pleasing apps that will help address a problem for the target audience.

While iOS have a higher number for the average purchases, Android dominates in terms of total users.

The kind of work associated with Mobile app developers is generally: Create, Test, Update, and Manage applications. They are also responsible for programming a mobile app and designing its user interface.

You don’t need to work with a company. You can pursue your own freelancing work also in App development.

You can either join a course or degree through a college or university to learn how to build apps or you can self-learn (without formal education).

A few courses you can take up from:

Another option is to go to a coding Bootcamp. This generally is for a duration of three to nine months. You get to learn the skills needed for app development and also get to build a portfolio that can be shown to prospective clients once you start working.

There are also some no-code app development platforms that are gaining a lot of popularity. These platforms allow you to build mobile apps without writing a single line of code.

Some of them are mentioned below:

Hope the tips mentioned in this article will help you get started with how to make money online in India and you will be monetizing your skills in no time.

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