Lockdowns and Quarantine are happening worldwide due to the Coronavirus outbreak, which has affected the livelihood of many people.
Thousands of Americans have lost their jobs, and this public health crisis has quickly turned into an economic crisis as well.
Social distancing has become the norm, which places more jobs at risk. We are not sure how long this will go and how bad it will turn out, but one thing is certain.
We all have to make financial changes to make sure that we will make it through this crisis.
We might get help from the federal government through financial aid, but how long will this last?
Man’s ability to adjust and be creative during trying times has risen once more. Individuals who are affected by the restrictions imposed to combat the coronavirus pandemic are now finding new and innovative ways to make money at such a time as this.
We share some of the ways people are making money from the current situation.
Gig Economy Type Jobs
Supermarkets and online delivery services are booming during the coronavirus outbreak.
If you lost your day job due to the pandemic, why not consider these gig economy type jobs for the meantime?
Former employees are now applying as Uber, Lyft, and Doordash drivers. Grocery and food delivery drivers and bikers are also in high demand.
Shop assistants and Operations Managers are also needed to handle the enormous demand that supermarkets have been experiencing during this crisis.
Popular Online Business Models You Can Make Money From
As the number of coronavirus patients continues to rise, more and more people are working from home.
Industry leaders like Facebook, Google, Amazon, and Twitter have announced that the majority of their staff are required to work remotely due to the outbreak.
We have to accept the fact that working from home is the new normal for many US workers.
Companies are closing their doors to contain the spread of the virus, and many employees have lost their jobs.
No need to worry because there is a silver lining to all of these. Didn’t you notice that we may have restrictions on mobility, but we still have internet access?
This means that an online job or business may be the best route that you can take while this situation is lingering worldwide.
Freelancing
While it may be true that specific industries have experienced a downturn when it comes to freelancing opportunities, but this doesn’t mean that there are no longer any opportunities available.
If you have a freelance job that is in the travel and tours business, you will definitely take a hit.
You need to think out of the box and not hang on to your industry. The tourism industry won’t be getting better anytime soon, so why not look for work in industries that are thriving during this time?
Try visiting freelance job sites like Fiverr and Upwork to know more about what’s available for you.
E-Commerce
Online retail is a booming business, even before the pandemic started. As an online seller, you can leverage by offering products that are in demand during a health crisis like this.
Alcohol, hand sanitizers, toilet paper, health supplements, face masks are just some of the products you can sell on your online store and expect a favorable return.
You are not limited to offering physical products during this time; you can offer your services or digital products.
If you worked offline before but can deliver your service virtually then, you are still in business. There are private tutors, music teachers, and personal health trainers who are experiencing more bookings for online tutorials during the pandemic.
Affiliate Marketing
Being an affiliate marketer is one of the best ways to start an online business. All you need to do is partner with a company to sell their products and earn a commission from them.
You don’t have to shell out any money for product inventory; the only investment is the website that you will use to promote your affiliate products.
Again, choose products that are in demand during this current situation that offers affiliate programs.
Amazon has decided to prioritize essential items like household staples and medical supplies at this time, Amazon affiliates don’t usually promote these items, but if you can find a supplier with an affiliate program, then this is the way to go.
Non-essentials like electronic goods are expected to decline, so you should choose your products as an affiliate marketer wisely.
Video game consoles sales are expected to rise as more people are getting bored while they stay indoors.
Why Selling Online is the Safest Business During a Pandemic
A pandemic can shake things up, but if we do our due diligence, we can thrive during this crisis.
Online selling is one of the best ways to make money during the coronavirus outbreak.
Take note that the internet and delivery services are still ongoing during a lockdown, so we should take a closer look at selling online as our best way to make money during the coronavirus outbreak.
