Best Methods to Earn Money Online | Sri Lanka | 2022

“How to earn money on the internet?” or “How to earn money online?” is a popular question from the young generation. Do you have the same question in your mind right now? We are going to discuss some important and unpopular methods for making online money in Sri Lanka. Maybe you think these methods are not easy at first. You will realize they are not actually that hard after finishing reading. For some, you don’t need money to start at all. For a few, you should have some money in your wallet.

In this article, we introduce you to several ways to make online money with a brief explanation. If you need any further clarifications, do not hesitate to put a comment or contact us.

• Freelancing in Freelancing Sites (Truelancer, Fiverr, Upwork)
•  Investing in Colombo Stock Exchange
• Trading (Forex, Binance)
• Start a Website or Blog
• Dropshipping
• Selling Photos on Shutterstock
• Micro Jobs and Paid Surveys

Freelancing in Freelancing Sites

Freelancing is just selling a skill you have. Didn’t get it? Okay here is an example. Let’s say you are good at writing. So, you can get orders from clients to write articles and blogs, and they will pay for you. Not just writing, you can do so many things like graphic designing, web designing, android app development.

There are several freelance websites including Upwork, Fiverr and, Freelancer. But they are quite competitive. If you are new to freelancing, we recommend you the Truelancer platform. The competitiveness is less related to other platforms. Read more: Complete guide to start earning with Truelancer. Use the following links to take a visit. 

Go to Truelancer

Go to Upwork

Go to Fiverr

Go to Freelancer

 

Investing in Colombo Stock Exchange

 Trading in Colombo Stock Exchange (CSE Sri Lanka) is one great way to get an income very easily. You should have some money to start trading with Colombo Stock Market, just to buy shares. You can go to Colombo Stock Exchange official website to take a look. Before starting with Sri Lankan Stock Market, you have to register and select a stockbroker.

You just buy shares from a listed company and sell them when the stock price is higher and gain some profit. There is a risk too. But you can practice trading with vstox. You can learn more about Colombo Stock Exchange in upcoming articles.

See Colombo Stock Exchange Listed Companies Here.

 

Trading (Forex, Binance)

 These platforms are similar to trading in Colombo Stock Exchange, but global markets. Binance is a crypto exchange like bitcoin, and Forex is for FOReign EXchange. You can gain high profits than in Colombo Stock Exchange, but keep in mind, they are more RISKIER!

Visit Forex, Binance

 

Start a Website or Blog

 Starting a website is one of the greatest investments for the future. You need to buy the domain and hosting. However, you can start a free website or a blog from blogger.com  and wordpress.com.

But how to make money? Google AdSense is the wizard who makes. After creating a considerable audience, you can monetize your website with AdSense. They will show ads on your website and pay for that. You have to start your blog in English or another language which you can get AdSense approval. (i.e., You cannot monetize Sinhala blogs with Google AdSense).

You better know about SEO (Search Engine Optimization), Keyword Research, and other SEO tools. Let’s talk about Google AdSense in detail from an upcoming article.

 

Dropshipping

 

“Dropshipping” meaning?

This is like being an intermediate seller but without a physical store. What dropshippers do is contact a dropshipping supply, advertising a product from the supplier or original seller in their eBay or AliExpress store. When the dropshipper receives an order, he places an order to the original seller with the shipping details of the buyer. Dropshipper keeps some profit in this process.

Before starting dropshipping, we recommend you have a good idea of dropshipping and marketing techniques. Also know well about the legality of dropshipping. As an example, we just read that we have to find a dropshipping supply. But do dropshipping without informing the supplier is illegal.

 

What are the dropshipping websites?

There are a lot of dropshipping websites where you can start earning. AliExpress dropshipping, eBay dropshipping are two major ones.

You can find dropshipping tutorials anywhere on the internet. I will mention some for you.

eBay dropshipping tutorials.pdf

Dropshipping Sinhala tutorials

 

Selling Photos on Shutterstock

 Did you ever think you can make money from the collection of nice clicks you have got? It is totally possible! All you have to do is be a contributor to Shutterstock.

Before that, visit Shutterstock to see the photos they have already got, and take an idea. To be a contributor, you have to register as a Shutterstock contributor. Become a Shutterstock Contributor

After that, you can submit your photos and they will be reviewed. If the submissions got approved, you will receive an amount of money every time one of your photos is downloaded by anyone from Shutterstock.

 

Micro jobs and Paid Surveys

 Did you ever think you will be paid for filling out surveys? Or for doing some clicks and scrolls? You can do that with micro job sites and paid survey sites. This is a good way to make your pocket money.

In micro job sites, you will be paid to do small work or gigs like following on Twitter, upvoting in forums, and so on. Some of the most popular micro job sites are, Picoworkers, Microworkers, and Clickworker.

Also, you can find out several paid surveys including Metro Opinion Sri Lanka and Swagbucks, where you can just answer some questions and earn some pocket money.

 

To summarize, we talked about 7 methods to earn money online. Making money online is not very hard if you have a unique talent. You can go higher and higher in freelancing. If you don’t have, no problem! We have got a lot of ways to earn money other than freelancing. Hope you enjoyed reading and see you with a new article.

Don’t hesitate to put a comment for any clarifications!