10 best ways to earn money online in BD [online income BD tips 2023]

How to earn money online in Bangladesh-10 best ways for online income BD

Hey, do you want to make online income bd in 2023? If this is what you want, then you are in the right place.

Now there are different ways to earn money online. But all of the methods are not suitable for all today I will describe the best and most profitable ways to earn money online.

Online income is the process of earning money from the internet by using your skills, knowledge, creativity, or passion. Online income can be a great way to supplement your regular income, achieve financial freedom, or pursue your dream. Online income in BD has been growing rapidly in recent years, thanks to the increasing internet penetration, digital literacy, and e-commerce platforms.

However, online income in Bangladesh also faces some challenges, such as a lack of awareness, skills, resources, and trust. That’s why you need to know the best and proven ways to make money online in Bangladesh in 2023. These are the methods that have low investment, high demand, flexible schedule, and global market.

let’s dive into the 10 best ways to earn money online in BD 2023

1. E-commerce

E-Commerce is a platform where you can sell digital products through online. If you want to get assumptions you can visit Daraz or Shopify. You can sell anything from fashion accessories, home decor, beauty products, electronics, books, courses, etc. To start an e-commerce business, you need to have a product idea, a supplier or manufacturer, a website or platform, and a marketing strategy. You can source your products from local suppliers or use dropshipping services like AliExpress or Spocket to avoid inventory and shipping costs. You can use platforms like Shopify, WooCommerce, or Magento to create your online store and use tools like Google Analytics or Facebook Pixel to track your sales and conversions.

The budget needs to start an E-Commerce business in BD

The tentative budget for starting an e-commerce business in Bangladesh in 2023 is around 50,000 to 100,000 Taka (around $600 to $1200 USD). This includes the cost of domain name, hosting, platform fees, product sourcing, marketing, etc. The possible monthly income for an e-commerce business in Bangladesh in 2023 depends on various factors, such as the type of product, the price point, the profit margin, the traffic volume, the conversion rate, etc. However, a realistic estimate is around 100,000 to 500,000 Taka (around $1200 to $6000 USD) per month.

2. Affiliate marketing

Affiliate marketing is the method of earning commissions by promoting other people’s or company’s products or services on your website, blog, social media, or email list. Affiliate marketing is one of the easiest and most passive online income sources for Bangladeshis in 2023. You don’t need to create or manage your own products or services; you just need to recommend them to your audience.

To start affiliate marketing, you need to have a niche and audience, a website or platform, and an affiliate program or network. You can choose products or services that are relevant and valuable to your niche and audience from platforms like Amazon Associates, ClickBank, CJ Affiliate, etc. Semrush, Ahrefs, Moz, and similar tools are useful for you. to find keywords and optimize your content for SEO.

Nowadays to start afilate marketing need not invest mass money. anyone can start passive income from multiple sources. First of all, you need to build trust and credibility with your audience.

The budget needs to start affiliate marketing in BD

The tentative budget for starting an affiliate marketing business in Bangladesh in 2023 is around 10,000 to 20,000 Taka (around $120 to $240 USD). This includes the cost of domain name, hosting, platform fees, content creation, marketing, etc. The possible monthly income for an affiliate marketing business in Bangladesh in 2023 depends on various factors, such as the type of product or service, the commission rate, the traffic volume, the conversion rate, etc. However, a realistic estimate is around 50,000 to 200,000 Taka (around $600 to $2400 USD) per month.

3. Freelancing

Freelancing is the method of offering your skills or expertise as a service to clients or customers online through platforms like Upwork, Fiverr, Freelancer, etc. Freelancing is one of the most flexible and rewarding online income sources for Bangladeshis in 2023. You can work on projects that interest you; set your own rates and schedule; and work from anywhere with an internet connection.

To start freelancing, you need to have a skill or expertise that is in demand online; a portfolio or profile that showcases your work and experience; and a pricing and payment system. You can offer services like web development, graphic design, content writing, digital marketing, data entry, etc. You can use tools like Grammarly, Hemingway, Canva, etc. to improve your work quality and productivity.

Some of the benefits of freelancing are that you can work on diverse and challenging projects; earn more money and recognition, and learn new skills and knowledge.

The tentative budget for starting a freelancing business in Bangladesh in 2023 is around 5,000 to 10,000 Taka (around $60 to $120 USD). This includes the cost of equipment, software, platform fees, etc. The possible monthly income for a freelancing business in Bangladesh in 2023 depends on various factors, such as the type of service, the skill level, the demand, the competition, the rate, etc. However, a realistic estimate is around 30,000 to 150,000 Taka (around $360 to $1800 USD) per month.

4. Blogging

Blogging is the method of creating and publishing content on your website or blog on a specific topic or niche. Blogging is one of the most creative and influential online income sources for Bangladeshis in 2023. You can share your opinions, insights, stories, or tips with your audience and build a loyal and engaged community.

To start blogging, you need to have a niche and audience; a website or platform; and a content strategy. You can create content on topics like business, lifestyle, health, technology, etc. You can take advantage of platforms like WordPress, Medium, Blogger, etc. to create your website or blog and use tools like Yoast SEO, Google Search Console, etc. to optimize your content for SEO.

Some of the benefits of blogging are that you can express yourself and your passion; establish yourself as an authority and a leader; and connect with like-minded people. Some tips and examples for blogging are:

• Choose a niche that you are passionate and you have proper knowledge about the niche
• Create original, engaging, and valuable content that solves your audience’s problems or needs
• Use different formats and media to diversify your content, such as text, images, videos, podcasts, etc.
• Use social media and email marketing to grow your traffic and subscribers

The tentative budget for starting a blogging business in Bangladesh in 2023 is around 10,000 to 20,000 Taka (around $120 to $240 USD). This includes the cost of domain name, hosting, platform fees, content creation, marketing, etc. The possible monthly income for a blogging business in Bangladesh in 2023 depends on various factors, such as the niche, the audience size, the traffic volume, the monetization methods, etc. However, a realistic estimate is around 40,000 to 200,000 Taka (around $480 to $2400 USD) per month.

5. YouTube

YouTube is the method of creating and uploading videos on your YouTube channel on a specific topic or niche. YouTube will be one of the most entertaining and viral online income sources for Bangladeshis in 2023. You can create videos on topics like comedy, music, education, gaming, beauty, etc., and reach millions of viewers and subscribers.

To start YouTube, you need to have a niche and audience; a YouTube channel; and a video strategy. You can create videos using your smartphone, camera, or computer and use tools like Filmora, Adobe Premiere Pro, etc. to edit your videos. You can use tools like TubeBuddy, VidIQ, etc. to optimize your videos for SEO.

Some of the benefits of YouTube are that you can showcase your talent and personality; attract a massive and loyal fan base; and collaborate with other creators and brands.

How YouTube Monetization Works

YouTube monetization is the process of earning money from your videos by displaying ads on them. To be eligible for monetization, you need to meet some requirements, such as:

-You need to get 1,000 subscribers and 4,000 watch hours in the past 12 months
– Having an AdSense account linked to your YouTube channel
– Following YouTube’s policies and guidelines
– Creating original and advertiser-friendly content

Once you meet these requirements, you can apply for the YouTube Partner Program (YPP), which will review your channel and decide whether to approve it or not. If approved, you can start earning money from your videos based on the number of views, clicks and impressions they generate.

There are various ways to earn money such as:
– The quality of your traffic, source country, niche type of video, price of specific ads, adblock, the actual click rate, etc.
– The revenue share between YouTube and you (YouTube takes 45% of the ad revenue and you get 55%)
– The payment threshold ($100) and the payment method (bank transfer or Western Union)

According to Social Blade, a website that tracks YouTube statistics, the estimated monthly earnings for a YouTube channel with 1 million views range from $250 to $4,000. However, this is only an approximation and the actual earnings may vary significantly.

How to Succeed on YouTube in Bangladesh

YouTube is a competitive and saturated market, especially in Bangladesh, where there are thousands of channels competing for views and subscribers. To stand out from the crowd and grow your audience, you need to follow some best practices, such as:

Finding your niche and target audience: You need to identify what kind of videos you want to make and who you want to watch them. You should choose a niche that you are passionate about and that has a high demand and low competition. For example, some popular niches in Bangladesh are education, entertainment, comedy, music, beauty, gaming, etc.

Creating high-quality and engaging content: You need to produce videos that are informative, entertaining, useful or inspiring for your viewers. You should also pay attention to the technical aspects of your videos, such as the audio, video, lighting, editing, etc. You should aim to upload videos regularly and consistently to keep your audience interested and loyal.

Optimizing your channel and videos for SEO: You need to make sure that your channel and videos are easy to find and rank well on YouTube’s search engine. You should use relevant keywords in your titles, descriptions, tags, thumbnails, etc. You should also use catchy titles and thumbnails that attract attention and curiosity. You should also add captions, subtitles, cards, end screens, playlists, etc. to enhance your videos and increase their visibility.

Promoting your channel and videos on social media: You need to leverage the power of social media platforms such as Facebook, Twitter, Instagram, etc. to spread the word about your channel and videos. You should create a social media presence for your channel and share your videos with your friends, followers and groups.

6. Podcasting

Podcasting is the method of creating and distributing audio content on your podcast on a specific topic or niche. Podcasting is one of the most informative and intimate online income sources for Bangladeshis in 2023. You can create audio content on topics like news, sports, culture, religion, etc., and reach thousands of listeners and subscribers.

To start podcasting, you need to have a niche and audience; a podcast name, logo, and description; and a podcast hosting platform. You can create audio content using your smartphone, microphone, or computer and use tools like Audacity, GarageBand, etc. to edit your audio. You can use platforms like Anchor, SoundCloud, Spotify, etc. to host your podcast.

Some of the benefits of podcasting are that you can share your voice and opinions; build a strong relationship with your listeners, and interview guests and experts.