How To Make Money Online Guide | The Market Size, Work From Home, Remote, and AI Opportunities

Apr 13, 2024
4 People Read

BY Leroy A Brown

In today’s interconnected world, the internet is more than a platform for communication and entertainment. The internet is also a place to make money.

It does not matter if you are an entrepreneur or just looking to make some extra money. There are vast opportunities online.

There has never been a better time to explore the abundant possibilities that await.

So, how can you access this digital goldmine and start cashing in?

  

Custom GPTS

As a custom GPT creator, you are creating a solution to a problem using ChatGPT.

GPTS are custom versions of CHATGPT created for specific tasks.

GPTS are generative pre-trained transformers. 

No coding is required to create custom GPTs.

For example, if you need to analyze some data fast, you may create a custom GPT to do it for you.

 

HOW DO YOU START 

You start by learning how to create custom GPTS.

You may learn to build custom GPTS at https://www.youtube.com/watch?v=yovM84oJrL4.

Then, you sign up with ChatGPT-4 or upgrade your current ChatGPT account.

You will require at least ChatGPT-4 to make your custom GPT.

You can make as many custom GPTs as you want to.

 

WHERE DO YOU FIND CLIENTS

You may contact companies or individuals directly or market and advertise your custom GPT(s) on social media and other channels.

You may also get customers from the over one hundred million (>100 million) ChatGPT users.

Since 2024, OpenAI has launched its OpenAI GPT Store, and American custom GPT creators can now earn money based on the number of people who use their custom GPTS.

You may also use your custom GPT(s) to solve problems for individuals and businesses.

 

THE CUSTOM GPT MARKET

Since November 2023, there are over three million (>3 million) GPTs for personal and commercial use.

Artificial intelligence (AI) has advanced significantly in generative AI and large language models (LLMs).

Generative AI is an expert system that can make many types of content, such as images, video, audio, text, and synthetic data. 

Synthetic data is non-real-world information created using algorithms or computer simulation to instruct machine learning and mathematical models.

The models are used to produce content from datasets.

For example, ChatGPT is a chatbot made by OpenAI using a language model. 

ChatGPT has over one hundred and seventy-nine million (>179 million) users and over 1.5 billion website visits in January 2024. 

The United States of America (U.S.A.) is ChatGPT’s largest market, accounting for over ten percent (>10%) of users, and ChatGPT has over ninety-five million (>95 million) weekly users.

The global chatbot market size is estimated to be over $4.5 billion in 2022 and is projected to be over $15 billion in 2028.

Factors driving the chatbot world market are:

  • Increase in demand for customer self-service.

  • Increase in demand for customer engagement.

  • Increase in demand for 24x7 customer support.

  • Increase in demand for generative AI.

 

Opportunities for the global chatbot market are:

  • Increase in demand for more human-like experiences.

  • Increase in demand for better customer service.

  • Increase in demand for more insightful customer data.

 

Some major global chatbot market players are OpenAI, Google, Microsoft, and IBM in the United

States (U.S.), Baidu in China, SAP and Rasa in Germany, and Haptik in India.

 

Voice-Over

Voice-over (also known as off-stage or off-camera commentary) is someone’s voice you hear reading an audiobook, captions on a video, narrating a movie, etc. 

Voice-overs are also used in video ads, podcasts, audiobooks, animated films, etc.

If you have watched Disney movies like Lion King and Happy Feet, faceless YouTube videos, listened to audiobooks, etc., then you have heard voice-overs.

 

HOW DO YOU START

If people love hearing you speak, you have a good command of the language, you can engage with individuals, you enunciate well, etc., then this is probably for you.

Your client may provide the equipment, or you may have to.

The equipment involved is usually a microphone, computer, and editing software. 

You may learn more about voice-over at https://www.youtube.com/watch?v=7S5ZKQLISDM.

 

WHERE DO YOU FIND CLIENTS

You may apply to companies like The Walt Disney Company, Universal Animation Studio, and Marvel Studios Animation in the United States of America (U.S.A.); V.C.M. Interactive Inc. and Gardner Productions in Canada; Alzahra Studio| VFX & Animation in Dubai, United Arab Emirates (U.A.E.), and Flystudio in Malaysia. 

You may also offer your services directly to companies or on marketplaces such as Voiceit.ca, Audiobook Creation Exchange (A.C.X.), Voices.com, and Fiverr. 

 

THE VOICE-OVER MARKET

There is a high demand for voice actors because of the various media forms such as audiobooks, e-learning, videos, podcasts, animations, social media, etc.

The voice-over market is estimated to be over $1 billion in 2021 and is projected to be over $2 billion in 2026.

The voice-over industry involves professional voice talent, voice-over actors, and voice actors.

One of the factors driving the voice-over market is the advancement in technology.

Streaming services like Netflix and Amazon Prime have significantly impacted the voice-over market.

The voice-over market is considered competitive because it is relatively easy to enter. 

However, the various types of work available make it possible to do very well.

There is a trend to use artificial intelligence (A.I.) to improve efficiency.

Virtual reality (V.R.) will require more voice actors for immersive experiences. 

 

Freelance Writer

Being a freelance writer is offering literary services to individuals when you decide. In other words, you work when and how long as you wish.

For example, you may do five (5) jobs in two (2) days and take the rest of the week off.

Freelance writing involves producing articles and website content, editing manuscripts, blog posts, ghostwriting, and video scripts, to highlight a few.  

 

HOW DO YOU START

If you are good with grammar, able to persuade others with your writing and do good research, then this is probably for you.

The equipment involved is usually a computer and writing software like Microsoft Word, ChatGPT, and Gemini (formerly Google Barb). 

You may discover more about freelance writing at https://www.youtube.com/watch?v=-iScbwDSgl8.

 

WHERE DO YOU FIND CLIENTS

You may apply for jobs or offer your services to entities like newspaper companies such as The Toronto Star or New York Times, magazines like Toronto Life and Fortune, and companies that offer writing services such as Urban Writer and Thewrite-direction.com.

You may also apply for jobs on the platforms of LinkedIn, Indeed, and ZipRecruiter. 

Additionally, you may offer your services directly on marketplaces such as Guru, Upwork, and Fiverr. 

There is a trend where freelance writers thrive by specializing in a specific niche. 

 

THE FREELANCE WRITER MARKET

There is a demand for freelance writers to create content as more individuals and businesses realize they need to have and maintain their online presence.

Artificial intelligence (AI) is used to do much of the work that freelance writers do, and it has helped many freelance writers be more efficient and take on more assignments. 

The global freelance writer platform market was over $3 billion in 2020. 

In 2023, the annual earnings for United States (US) freelancers grew to over $1 trillion. 

It is projected that by 2027, over fifty percent (>50%) of the working population will consist of freelancers. 

 

Book Cover Artist

As a book cover artist, you create covers that attract customers for publications. 

For example, you may do book covers for self-published authors (also known as indie authors) to help them attract customers and increase sales.

 

HOW DO YOU START

If you have artistic skills and can design and be creative, this is probably for you.

The equipment involved is usually a computer, designing software like Photoshop and Adobe, and artificial intelligence (AI) like Dalle and Midjourney. 

You may discover more about book cover design at https://www.youtube.com/watch?v=2vsKsbIyF8M.

 

WHERE DO YOU FIND CLIENTS

You may apply to book publishers like Anvil Press and Breakwater Books in Canada, HarperCollins Publishers and Penguin Random House in the United States of America (U.S.A.), Candid Creation in Singapore, and Bakwa Books in Cameroon.

Also, you may offer your services directly on marketplaces such as 99design and Fiverr. 

 

THE BOOK COVER GLOBAL MARKET

The book cover global market has grown as more physical books and e-books are published. And as more self-publishers emerge, book covers have become vital for marketing.

Countries like Canada and the United States (U.S.), which have a tradition of publishing, good online and offline selling infrastructure, and literacy among the population, offer excellent markets for book cover designers.

The global books market was estimated at $91 billion—$144 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of over 1.5% from 2024 to 2030.

Technological advancements, increased incomes, and more people purchasing books are expected to continue to boost the market.

Academic publishers are the major players in the global book market and continue to be linked to educational systems worldwide.

 

Online Course Creator

As an online course creator, you are developing a formal way for persons to learn a particular skill or subject.

For example, you may develop an online course to teach people how to do Facebook marketing. 

 

HOW DO YOU START

If you are an expert in an area and want others to have that specific knowledge, then this is probably for you.

The equipment involved is usually a computer, a site to host your course, and software(s) that allow you to write, edit, and create the course.

Some platforms offer many features, such as Teachable, Udemy, and Thinkific. 

Of course, you may also set up your website or use all-in-one service providers like Systeme and Kartra. 

You may discover more about creating courses at https://www.youtube.com/watch?v=gf8ZRP8gjEI.

 

WHERE DO YOU FIND CLIENTS

You get your clients typically by marketing and advertising your online course(s) on social media

like Facebook, TikTok, LinkedIn, and YouTube.

 

THE ONLINE COURSE MARKET

The online course market has grown as more people share their knowledge or use it to earn money.

Also, the online education market is growing as customers seek more convenient, not as expensive, and flexible ways to learn. 

The global online education market is about $185 billion in 2024.

The online education market is projected to have a compound annual growth rate (CAGR) of over 8.5% from 2024-2028.

The Online Education market is forecasted to be over $257 billion by 2028.

In the United States (U.S.), the online education market is estimated to be worth over $87 billion in 2024.

 

Virtual Assistant

As a virtual assistant (VA), you may reply to emails, answer phone calls, schedule meetings, order supplies, do research, listen to feedback, do bookkeeping, enter information in databases, and manage social media for individuals or companies remotely.

 

HOW DO YOU START

If you are good at organizing and getting things done, this is probably for you.

You simply need an internet connection, a computer, a phone, and whatever else the job requires.

 

WHERE DO YOU FIND CLIENTS

You get your clients typically by marketing and advertising your virtual assistant (VA) services on social media like Facebook, TikTok, LinkedIn, and YouTube. You may also offer your services on marketplaces like Fiverr and Upwork.

 

THE VIRTUAL ASSISTANT (VA) MARKET

There is an increased need for virtual assistants (VAs) as entrepreneurs become busier and want to systemize their operations.   

The virtual assistant (VA) market is projected to be about $25 billion by 2025 and may continue to increase as people seek human interactions instead of robots.

You may discover more about virtual assistants (VA) at https://www.youtube.com/watch?v=PhYBV5huPCQ.

 

Affiliate Marketing

As an affiliate marketer, you promote a company’s or person’s product(s) or service(s) in return for a commission from sales.

 

HOW DO YOU START

If you are good at seeing opportunities to make money and like to share good products or services with others, then this is probably for you.

You start by searching for products or services or getting to know the ones you are already using or familiar with.

Another way to start is to complement your interests. 

For example, if you have a blog about being healthy because that is what interests you, you may consider selling products and services related to wellness, such as supplements and yoga classes.

After identifying the products or services you want to be involved with, you may contact the company or individual who owns the products or services to join the affiliate program.

After signing up and becoming a member, you can use the link given to you as the page or website where your potential customers can purchase the products or services.

You will receive a percentage (%) from each sale as payment.

You may check this out about wellness - https://bit.ly/healthearning.

You may learn more about affiliate marketing at https://www.youtube.com/watch?v=j2ec_o34ErE.

 

WHERE DO YOU FIND CLIENTS

You usually get your clients by marketing and advertising the products or services on social media like Facebook, TikTok, LinkedIn, and YouTube. You may also advertise on search engines like Google and Bing and even do direct mail.

 

THE AFFILIATE MARKETING MARKET

The global affiliate marketing industry is estimated to be over $16 billion and is projected to grow to about $27 billion by 2027.

In the United States (U.S.), over fifteen percent (>15%) of all internet orders were by affiliate marketing.

Approximately eighty percent (80%) of brands use affiliate marketing to enhance brand awareness and increase sales.

About thirty percent (~30%) of online publishers use affiliate marketing to help bring in revenue, while some significant brands use affiliate marketing to boost sales.

Travel, education/e-learning, and beauty/skincare are considered some of the most profitable niches.

Amazon Associate is considered the most popular affiliate marketing program.

 

Blogging  

As a blogger, you will share valuable information about your interest in a specific topic or subject in written format online.

For example, suppose you are interested in organic gardening or have products you want to share with the world. In that case, you will consider having a website where you write information about organic gardening regularly so others may see, read, and hopefully act the way you want them to, such as making a purchase, signing up for a free trial, or subscribing to your YouTube channel.

 

HOW DO YOU START

If you are good at seeing opportunities to make money and sharing products, services, and information on a particular topic with others, then this is probably for you.

You may write the information or use artificial intelligence (AI) like ChatGPT to assist you. 

You may use web content providers like Tumblr, WordPress, and JetPage to create a website or channel suitable for blogging. 

You may discover more about blogging at https://www.youtube.com/watch?v=lS5we7qSFyY

 

WHERE DO YOU FIND CLIENTS

The people reading your blogs will be your primary clients. 

You can attract more readers by ensuring your blogs or articles are engaging, attention-grabbing, and search engine optimized (SEO). 

Also, you may market and advertise your blog on social media and other channels to attract more readers, followers, and subscribers.

You can monetize your blog through affiliate marketing, Google AdSense, doing blog posts for advertisers, offering ad space, selling your courses, offering consultation, and more.

Additionally, you may use ad management companies like Mediavine and Adthrive to help you make money from digital ads. 

 

THE BLOG MARKET

The global blogging industry is estimated to be over $16 billion and is projected to grow by about $27 billion - $500 billion by 2027-2032.

There are over five hundred million (>500 million) blogs online, with over sixty percent (>60%) of customers still preferring to read about products and services on a blog. 

Blogs provide many leads for small and big businesses.

Tumblr and WordPress host the majority of blogs on the internet.

The four (4) blog niches considered the most popular and grabbing the most readers are lifestyle, arts and crafts, travel, and food.

However, personal finance blogs appear to earn the most money.

 

Dropshipping

As a dropshipper, you are selling products on an online store without having to handle the goods yourself. 

You do this by selling the products, then the information from the sale is sent to your supplier.

Your supplier then fulfills the order/purchase by packaging and shipping the products to your customers directly.

Both you and the supplier get paid automatically by sales.

This form of selling products online reduces the need for a lot of money and time to start, store, and manage goods.

 

HOW DO YOU START

If you are good at seeing opportunities to make money and like to share good products with others, this is probably for you.

You may contact suppliers of the products you want to sell directly and link them to your e-commerce website.

Sometimes, your e-commerce provider can help you find suppliers compatible with your website. 

You may use e-commerce providers like Bigcommerce (https://bit.ly/powerfulecommerce), Shopify, or a niche-specific company like PureTrim https://cariporterinc.puretrimgo.com/.

You may also use Fulfillment by Amazon (FBA) to handle your products and even set up a shop on Amazon.

 

WHERE DO YOU FIND CLIENTS

You may attract customers in several ways, as follows:

*

Write blog posts related to or showing how your products solve whatever problems your target audience is having.

Market and advertise your products on social media like TikTok, LinkedIn, Facebook, YouTube, Pinterest, etc.

*

Sell your products on sites like Amazon, TikTok Shop, Etsy, and Facebook Marketplace. 

*

If you don’t mind dealing with products, you can market, sell, and advertise them by having stalls at farmers’ markets, seminars, conferences, pop-up shops, festivals, and so on.

 

THE DROPSHIPPING MARKET

The global dropshipping market was estimated to be over $199 billion in 2022 and is projected to be about $1.8 trillion by 2032.

In 2022, the Asia-Pacific region accounted for over forty percent (>40%) of the global dropshipping market.

Fashion was the largest segment of the global dropshipping industry, with over thirty-four percent (>34%) of the market.  

Global digital commerce is projected to be over $9 trillion by 2027.

 

e-book

As an e-book author, you sell or give away information you have written digitally in book format.

 

HOW DO YOU START

If you are good at seeing opportunities to make money and you like to share valuable information, then this is probably for you.

You may start by writing the information you want to share or have someone else (usually a ghostwriter) write it for you.

Then, you format the information digitally in book format and sell it online.

 

WHERE DO YOU FIND CLIENTS

You may sell your e-book on your own website, use an all-in-one system like Systeme, or an e-commerce provider such as Bigcommerce (https://bit.ly/powerfulecommerce).

You may also sell your e-book on self-publishing platforms like Amazon KDP (Kindle Direct Publishing), Apple Books, Smashwords, Kobo Writing Life by Rakuten Kobo, BookBaby, Kitaboo, Draft2Digital, Blurb, Gumroad, Lulu Press, Barnes and Noble Press (formerly Nook Press), Ingram Spark, and Google Play Books. 

 

THE E-BOOK MARKET

The global e-book market is estimated at over $14 billion in 2022, and it is forecasted to have over 1 billion readers by 2027 and over $42 billion by 2029 in market size.

The United States of America (U.S.A.) has the largest segment of the e-book market because of the number of customers and its digital framework.  

 

 

Additionally, you may have the following questions:

 

How can I make $100 a day from home online?

Any gig, side hustle, online opportunity, or extra income source can make $100 a day or more.

Nevertheless, not everyone gets these results.

Blogging, driving for Uber or Lyft, selling things online, being a virtual assistant (VA), renting your home, yard, or pool, etc., are things you may consider for earning at least $100 a day.

 

How can I earn money online?

You may earn money online by applying for jobs or doing online activities like trading. 

Some of these jobs are labeled as remote or work from home.

Examples of these online jobs or activities are providing customer service, being a medical transcriptionist, and data entry.  

Other ways to earn income online include selling your own products or services, selling other people’s products or services as an affiliate, and being a freelance writer. 

 

Can you really earn money online?

Yes, you can earn money online, especially if you provide products or services that people want.

For example, you can join with a known entity that provides natural health care products that help relieve pain, lose weight, grow back hair, provide nutrition the body needs, etc.

The company also provides almost everything, such as a website, marketing materials, guides, etc., to sell its products online or in person in return for commissions. You may check them out at https://bit.ly/healthearning.

Also, you may sell products already on Amazon that people are seeking out and buying. You will earn a commission from each sale made through the link you are assigned. 

This type of earning is called being an affiliate marketer, and it is done through Amazon’s affiliate program, Amazon Associates. 

 

How can I make real money online?

You can make real money online by selling a service or products online.

Examples of services you may provide online are being a customer service representative for a company working from home or offering to write articles for clients remotely.

Products you may sell online are your baseball cards on eBay or furniture on Facebook Marketplace.

 

How do I make money online legally?

You can legally make money online by selling a service or products. Then, you deliver the service or products as agreed with the paid customer.

You may also consider becoming a registered company for tax efficiency.

 

How can I make quick cash?

You can make quick cash by doing tasks that pay immediately, such as doing cash jobs advertised on Kijiji, where you are usually paid cash right after the job is completed.

You may also offer services like cutting grass or selling products online on sites like eBay and Craigslist.  

 

You may discover more at Leroy A. Brown at https://leroyabrown.ca/.

 

Leroy A Brown is an author, speaker, and consultant who helps clients increase, maintain, and grow their money while being healthy and mindful. You may follow Leroy A Brown on LinkedIn at https://ca.linkedin.com/in/leroy-a-brown-268ba850.