The gig market represents big business, with this entity having more than doubled in size between 2016 and 2020.
As a result, it now accounts for 4.7 million workers, with one-in-10 working-age adults now working on gig economy platforms (up from one-in-20) just four years ago.
Of course, this includes full-time workers and people who leverage the gig economy as a way of earning additional income. But what exactly are the best side hustles in 2021?
Become a Freelance Writer
Freelance writing remains one of the top 10 markets in the gig economy, with demand continuing to increase for this service year-on-year.
There are many different types of content required both one and offline, from web copy and blog posts to product descriptions and even technical whitepapers.
In the wake of the coronavirus pandemic, it’s also arguable that businesses are beginning to adapt their models and employ a smaller core of employees, creating the need for a higher proportion of freelancers in specialist fields such as copywriting.
You may not need a journalism degree or previous writing experience to enter this market, but in this instance, you may have to work for a lower market rate when starting out.
Trade the Forex Market
The forex market is also an appealing way to make money in the digital age, with this enabling you to trade currency pairings as derivative assets online.
As a highly leveraged market, you can also open relatively large forex positions with a minimal deposit, making trading far more accessible and opening up the possibility for enhanced gains.
Of course, you’ll need some knowledge of the forex market if you’re to achieve a profit, while a keen sense of determinism will also reduce the risk posed by human error and emotive trading.
If you do decide to get started, we’d recommend that you compare the market for no deposit bonus forex promotions, as this will provide a sum of initial capital that’s not contingent on making a deposit.
Manage Facebook Ads for Small Businesses
Facebook has become a key marketing resource for small businesses across the globe, offering access to more than three billion active global users at the most recent count.
While SMEs may be increasingly inclined to advertise on Facebook, however, many lack the expertise or confidence to do this effectively.
So, if you have an understanding of social media marketing and use Facebook frequently, you may be able to offer your services as a manager of branded ads.
Of course, you may also have expertise in a specific advertising niche, and it’s important to focus on this to ensure that you can receive the highest level of remuneration.