Many people all over the world want to make money from home. With the progress of technology, the online work (Money Online) became very popular. Here are 5 ways on how to make money from home.
1. Social Media Manager
Social Media Manager is a very popular way because the social media keep growing every day.
So if you were to become a social media manager your job would entail sending/receiving friend requests, posting multiple times per day, engaging and reading incoming comments, etc.
You’d think that this is something that anyone could do, but there are many successful entrepreneurs and business owners out there that are gladly willing to pay someone to handle these mundane tasks on their behalf.
2. Forex and Cryptocurrency
Forex is an acronym for Foreign Exchange.
With Forex you are buying and selling currencies just like people buy and sell commodities like coffee, metals, etc.
This is an invaluable skill to learn because when you have it, you can write your own paycheck. Just keep in mind that you will have to pay some hefty capital gains taxes on anything that you pull in.
Cryptocurrencies like Bitcoin are not only something that you buy and hold. You can actually trade cryptocurrencies as well.
3. Network Marketing Company
Many people are oblivious to the fact that network marketing is a 100+ billion dollar per year industry. A network marketing company gives you the chance to become the CEO of your own organization from day number one.
In Corporate America, you typically start off at the bottom of the ladder and are forced to work your way up. In Network Marketing, you start off at the top of your organization, but you’re responsible for building and training a team of independent sales representatives who have common goals.
4. E-Commerce Business
You can also get involved with e-commerce. You know, things like eBay, Amazon, and even Shopify.
This is where you have yourself a virtual business. You can sell virtually anything that you can muster up from your imagination.
Drop shipping is also a big part of successful e-commerce selling. Otherwise, you’ll need your own products to sell and most people don’t have that.
E-commerce is a great way to make money working from home if you’re not really a people person and you’re not cut out for the sales life.
5. Affiliate Marketing
Affiliate Marketing is all about selling other people’s products/services. A very effective and popular way to make money from home.
Virtually every company has an affiliate program these days. For example, if you refer someone to Time Warner, they will pay you.
By simply sharing products and services that you use every day you can earn a percentage each and every time someone makes a purchase from your individual affiliate link.
All of these ways are great to make money from home if you have the right knowledge. However, if you plan on making money from home online you’re going to need to receive the proper training. Otherwise, it could really take years for you to learn and become a master of online marketing.
The New GDPR Laws. How Affect Your Online Business
The GDPR stands for general data protection rights of the individual and it affects all businesses from all over the world. This was designed to protect EU citizens from the unauthorized use of personal data, such as in sharing and selling to other businesses. Many cases of theft have happened and more than once many of us have gotten emails that we have never signed up for.
Sales GDPR Compliant. Data Protection
If you fail to make your leveraged sales GDPR compliant either by willful disregard or by accidental neglect. There will be consequences involved for the business.
The first time is a warning, then followed by a reprimand and if it continues small fines to large fines can be imposed. However, you should do your own research and talk to a lawyer about the possible penalties involved if you do not comply with the regulations.
You don’t want to lose time from marketing because you forgot to make a way to protect the data of your prospects.
WordPress Websites that use Woocommerce for Leveraged Sales
If you use WordPress and any software for digital or physical products for your leveraged sales program, you will have to be compliant in all areas. Just because your data handler, this doesn’t give you an opportunity to be excused.
As a data handler, it is your responsibility to use data processors that are legitimate. So be careful of third party vendors that are not trusted by BBB or whatever the equivalent authority in your area.
You do have to warn all visitors of any tracking tools, and cookies that you set in their browsers. You do have to provide a way for them to opt out of them.
This includes any leveraged sales in Woocommerce stores that ask for emails and subscribe to newsletters. You must warn and provide an opt-out of such trickery.
The European Union will find you and punish you accordingly if you fail to protect, offer an opt-out and warn visitors. There are plenty of resources available to help you get compliant with these international regulations and in most cases, you can implement your new policies and your tools for free.
Attention! Don’t risk losing your leveraged sales business by ignoring these regulations.