Can You Make $100-200K Per Year Online?

Making money online is a lot easier than making money offline. If you want to get a job, it is very difficult in the real world, however, in the virtual world you can get a job easily, even if you don't get a job, you can start on your own and it does not cost you a lot of time and money to get started on your own. Let's say you are a graphic designer, in the real world, you will have to apply for jobs in the ad agency and design house and it might be very difficult to get accepted. In the virtual world, you have numerous options from freelance marketplaces like Fiver and Upwork to selling your own design through Etsy and selling design services on your own website. If you are not getting as many contracts as you want, or if you are not making a lot of money as a graphic designer, you can try learning other things and enhancing your skills. For example, you can try learning social media marketing and try working as a graphic designer as well as social media manager.

However, the most important question is, "Can you make $100-200K per year online?

How Can I Make 100-200K Per Year Online?

Most of the people who work in regular jobs are making $100-$200K per year (well, I am not talking about blue-collar workers). If you work online and if you want to make as much as people are making from their offline jobs, you should also be making $100-$200K per year. So, how do you earn $100-$200K by working online?

Here are some of the common methods to work online

Freelancing

Affiliate Marketing

Vlogging

Blogging

eBook writing

Selling online, etc.

Can you make $100-$200 per year by doing the aforementioned work?

Based on my experience, it is difficult to make $100k-$200k per year by working on just one or two methods, however, if you try multiple methods, you might be able to make that amount. For example, you can do everything from freelancing, affiliate marketing, vlogging, and blogging, to ebook writing, and selling online, content creation, to make $100K-$200K. You can maximize your earnings only when you do multiple things at the same time.

You can make a lot of money through affiliate marketing, dropshipping, print-on-demand, digital products, and online courses provided you have SEO and digital marketing skills.

Affiliate marketing is the easiest method to make money as you do not need elaborate skills. If this worked, you can make a lot of money, but for a lot of people, it is difficult because they lack proper strategies.

Can Anyone Build Multi-Million Dollar Business Online

Do you know where you can make most of the money these days?

Well, if you said the world wide web, you are right.

Jeff Bezos was once the world’s richest man, thanks to Amazon. Mark Zuckerberg was once the youngest billionaire. Thank’s to Facebook.

While the world’s most valuable company Apple makes money from the offline business, a lot of big businesses actually made money online. So, the question is can anyone build a multi-million dollar company online?

While it is possible to build a multi-million dollar company online, not everyone has the capacity to do so.

In order to build a multimillion-dollar company, you need to create a product that will have millions of users. Meta is one of the most valuable companies thanks to almost 3 billion Facebook users and over 1 billion users on Instagram and Whatsapp.

Jack Ma is one of the richest people in China, thanks to his company Alibaba and Aliexpress. Do you know what these companies actually do to make money? Well, these companies only provide platforms for users to do business.

In order to build a valuable company online, you need to create something that will be used by tons of people. Your product will be used by tons of people only when they find it very valuable.

Can You Become Rich By Selling Online

There are different ways to sell online, you can sell products or services. You can from your own store, ecommerce marketplaces, freelance marketplaces, and even social media. Some of these selling methods are free, whereas some methods require some investment. When you are selling from your own store you keep the entire profits, however, when you are selling from a third-party store, you pay commissions.

By the way, how much money can you make by selling online? Can you actually become rich by selling online?

This question cannot be simply answered with YES or NO! The answer depends on a lot of things.

Research: You need the ability to research the market, product niches, competitors, etc.

SEO: You need to do SEO on your store and product page.

Designing and manufacturing: You need skills to design and create products.,

Marketing: Selling is directly linked with marketing, you need marketing skills to sell online.

Money: Some online selling methods are free to use but you still need money to run ads.