How Can You Make Money Online In Canada? Quick Ways To Make Money Revealed

How Can You Make Money Online In Canada

The business of buying and selling was once the default definition for any activity that involved making money. It’s not so simple anymore with the advancements made by the internet. E-commerce has taken the world by storm, as there are now more ways than ever for people to make money.

If you’ve been dreaming of becoming your own boss or simply shopping for ideas on how to make extra money, you’re in the right place.

President of Shopify Harley Finkelstein, had this to say – “In 2021, more people Googled “How to start a business” than “How to get a job”. This is not just the year of the entrepreneur – this is the start of a new era where being an entrepreneur is people’s first choice for a career.

Best Ways How To Make Money Online In Canada

Here are some of what you can do online to earn some extra bucks. From freelancing to affiliate marketing and everything in between, these 10 suggestions will put you in the same league with thousands of people already doing it:

1. Find Freelance Work

Freelancers contributed an estimated US$1.4 Trillion annually to the US economy in 2023.

Being self-employed is a dream that many 9 to 5 workers seem to want but are never quite able to see through. Taking on freelance work is one good way to take control of your career and can give you more time to spend on activities you love.

The first step to becoming a freelancer is to turn your skills into a marketable online service. If it’s needed and you can do it, there’ll be clients looking for you to solve their problems. Once you’ve got this on lockdown, set your price and get paid for your deliverables.

2. Start a YouTube Channel

Start a YouTube Channel

YouTube is a good way to make money for individuals passionate about creating video content. It takes less than three hours to start a YouTube channel, but growing it and maintaining an audience is a continuous process.

A good tip is to build an audience through authentic content before monetizing your channel. Once you’ve reached 1,000 subscribers, you can then monetize it through YouTube’s Partner Program and start earning for views.

3. Become a Virtual Assistant

You can maintain a good work-life balance while using your skills as an assistant to make money online. Of course, you’d need to be computer savvy first but once that’s out of the way, nothing is stopping you.

Providing administrative support services to clients is the main function of a virtual assistant. Common things you can be tasked with include calendar management, handling communication, and scheduling appointments. If you make enough money doing this, you’re probably going to let go of your 9 to 5.

4. Gamble

Gamble

The online gambling market in Canada is a lucrative industry projected to have revenues of up to US$4.19 Billion in 2024. This vast amount is a sum of wagers placed by gamblers, which you’ll get a piece of if you play strategically.

Casino games like Invaders From The Planet Moolah allow you to win money with little risk. With a betting range from as low as C$0.25, you don’t need to break the bank to bet on this game. While you can inadvertently hit huge payouts when gambling, it’s good to remember that luck plays a big role.

5. Start a Podcast and Monetize It

Over 60% of consumers remember podcast ads more than ads on billboards.

If you’ve got a good voice and are not shy talking about things you’re interested in or passionate about, starting a podcast is a great way to make money. The number of people who listen to podcasts continues to grow, so there’s a visible market for it.

Get started by setting up an account with a podcast service like Spotify, then create and begin posting episodes. Once you’ve got a loyal band of viewers, you can make money by monetizing your podcast with ads or sponsorship deals.

6. Become a Social Media Influencer

From a professional perspective, you should know how to engage potential customers to become a successful social media influencer. As long as you can create engaging content, you’re good to make money.

Once you can produce engaging content, build your following on relevant social media platforms. You can then monetize your influence by connecting with brands willing to pay you to promote them.

7. Try Affiliate Marketing

Try Affiliate Marketing

Entrepreneur and YouTuber, Russell Brunson – “Being an affiliate marketer is very cost-effective. You don’t have to put much money in an affiliate program in order to gain a lot.”

Reports about how CasinoCanada partners with RollXO Casino recently made waves and is one good example of a successful affiliate system. As a money-making venture, affiliate marketing has been tried and tested, and remains a great strategy for earning money online.

Becoming an affiliate is easy. Look for an affiliate program that’s relevant to your niche and apply for it. Once you start incorporating your affiliate link into your content, you’ll make money every time someone clicks and makes a purchase.

8. Start an E-commerce Business

E-commerce is simply the process of buying and selling in an online marketplace. In this case, you’re the seller and your wares are digital products like ebooks or online courses.

Like blogging or other, selling digital products can become a high-revenue stream business because it’s scalable. There’s no limit to how many times you can sell a particular item. By ensuring your products meet unique needs, you’ll keep making money.

9. Online Surveys

Taking surveys online is a good way to make some extra money but unlike some suggestions on this list, it won’t give you a full-time income. A 30-minute survey may pay you up to $10 as an incentive, but not many pay as much.

If you want more value for your time, try participating in in-person focus groups or one-on-one video interviews that pay more. Still, always remember that high-paying surveys are few.

10. Become a Dropshipper

This low-cost business model involves shipping products to customers directly from a manufacturer or vendor. It’s a good way to make money online as a beginner as it requires minimal investment.

To become a Dropshipper, source for suppliers and build an online store, then generate orders. Handling shipping or inventory is not your responsibility – you’ll only need to make sales and provide support to customers.

Final Words

Making money online in Canada has become very easy and you can get started immediately. Simply consider any of the options we have listed that aligns well with your goals and lifestyle. Get started on your journey to financial freedom!