As we come to the close of 2018, we need to evaluate specific technologies that have helped people to make a decent living by working online either actively or passively. It’s relatively simple to tell where particular technologies are headed because they don’t appear overnight and takes time before they take off and finally become adopted by clients.
This article will explain the four new trends of earnings that will dominate 2018.
The modern approach to Banking
The approach that the banks are now using will soon become outdated. The conventional methods of making payments will now become obsolete. Transfer-wise first challenged the banks by providing a more secure and affordable way of sending or receiving money internationally using their system.
In 2018, Transferwise launched a Borderless account that comes with an ATM card that will allow you to send or receive money internationally at zero fees; in fact, you will only pay for the foreign exchange rate when you are making the payments. Monzo is another money transfer service that has disrupted the banking sector in the UK.
People are nowadays earning a decent income by designing and using mobile apps to send or receive money. Besides, they can use these apps to access credit facilities. The apps operate transparently and have user-friendly interfaces. Internet income is a great website that will guide you on how to make money online without any investment.
E-commerce Dominance
It is a well-known fact that online stores have overtaken the traditional brick-and-mortar shops. Online retailers have become more innovative in making customers to load their shopping carts. People are nowadays buying or selling goods or services online via their e-Commerce stores. E-commerce is now accessible to everyone and retailers are doing their best to improve the quality of customer service that they offer to their clients every day.
Many e-commerce stores are now using AI, various payment options, ordering history of the client to improve their customer experience. These retailers are stocking multiple items under one roof to the advantage of customers. Customers are not required to leave their home for them buy products and services. Amazon and ASOS are the biggest E-commerce stores that helped people to buy or sell their products or services online. You can earn money by creating your e-Commerce store and selling goods or services online.
Data Privacy
How you access and store information is becoming more crucial nowadays. Earlier this year, there was an uproar about the security of our data online after Zuckerberg testified to the Congress about the safety of Facebook accounts. Many people will opt to select convenience over the privacy of data.
For a long time, companies used to share their client’s information with third parties without their knowledge. With cyber attacks and data leaks becoming standard around the world, businesses are enforcing strict measures to curb cyber-attacks. People are earning a good income by offering data protection services to companies all over the world.
The Experience Economy
The age of experience economy has finally dawned on us. Take, for instance, opening a new restaurant. Traditionally you were only required to walk in a restaurant and order your favorite food. Nowadays, things have changed, and you can now order your meal online using the many food apps that are available on the market, you can make money by designing food apps for hotels or restaurants online.
There are new ways of making money that has come from the latest tech trends that were introduced in 2018. The conventional methods of earning an income are slowly becoming obsolete. People have embraced various technologies to help them make money either offline or online.