Posted by Are you looking to earn a little more money? If you think that your daily 9-5 job is not enough for you, getting into side gigs can help you earn more money. But how do you earn more money in Malaysia? There are a multitude of ways where you can set up your side income, here are 11 ways that you can consider looking into.
1. Vending Machines
It’s easy to earn money by selling convenience items on vending machines, but it’s a pretty high investment. A single vending machine unit may cost you from around RM15,000 to RM30,000. Check out this 99Designs on how to start a vending machines business.
2. Laundry Machines
If you’re already a landlord, it can be a good idea to start your coin-operated laundry machines. The amount of income you can make through laundry service may vary depending on the area you choose and the type of services you can provide. If you are looking to get into your own laundry business, this 99Designs will show you that you don’t need tertiary skills to make income as a laundry entrepreneur.
3. Shopping Rewards
Shopping apps can be a great way to earn passive income through your regular purchases by getting cash-back-earning credit cards, special programs or apps. That being said, you need to avoid getting carried away with overspending which defeats the purpose of trying to earn money. So it’s best to use them for things you would have to purchase regardless. Head over to this 99Designs to find out what are the best cashback credit cards in Malaysia.
4. App Creation
There are many types of innovation in the field of mobile app development and it has become even more straightforward to build your app and sell it to earn income. While it’s important to figure out who you are selling it to first, you will need to ensure what industry and markets that interest you before getting started.
5. Art and Design
Design your artwork and build your network with interested clients or companies to print it for you on canvas, t-shirts, bags and various merchandises. You can get a cut of the profits from the merchandise or you could opt to sell your designs on sites such as Fiverr, DeviantArt, BigCartel, Zazzle or 99Designs.
6. Online Courses
Are you experienced in a certain field and wish to impart some of your knowledge to others? Online courses are the fastest and most impactful ways to share knowledge and you can leverage it by turning your expertise to produce your income besides demonstrating your skills in the working industry. Explore some of the top online courses site such as Udemy, Domestika and Futurelearn,
7. In-Stream Ads in Your Videos
If you are skilled in producing video contents, you can make some income through in-stream ads in your videos. In-stream ads are essentially short video or image ads that help video creators to earn money through their video contents. Checkout YouTube Partner Program where you can make money through various features such as advertising revenue, channel membership, merchandise shelf, and more.
8. Selling Stock Photos
Selling your rights for companies and interested parties to use your photographs can also be a great way to earn some income. There is a wide range of stock agencies that are looking to purchase and feature photos on the web. Some of the most prominent sites include Shutterstock, Adobe Stock, iStock, Alamy, Depositphotos and Dreamstime.
9. Vehicle Ad Space
As a car owner, you can get paid to place ads on your car. Depending on the type of ad campaigns, they are usually run from two to six months long. Some of the prominent car wrapping companies include Mybump, Moola and more.
10. Website Display Ads
There are many ways to generate passive income on the web and one of the most lucrative ways is through website display ads. You can choose to either write a blog or create a website so that you can display relevant ads for passive sales. Check out Google AdSense and learn how you can earn money from Google Ads.
11. Affiliate Marketing(Blogging)
Compared to most passive income methods, affiliate marketing is a low-cost way of making money online. You don’t have to spend time or money developing your product or service, the simplest approach is through writing a blog and referring customers to e-commerce websites, who then pay you a commission. Some of the top affiliate programs available in Malaysia are Lazada, Photobook, Zalora, EasyStore, Exabytes and Shopify.
Leave us your thoughts on the comment sections below. Head over to Jobstore.com and unveil your next job opportunity.
You Jing is a content writer who writes career and lifestyle contents to inspire job seekers and employers alike on their journey to work-life balance, empowerment and transformation in their career path.
Reach me at youjing@jobstore.com