Are you looking for a way to earn money online without investment? If yes, then you must have heard of Quora. Quora is a popular question-and-answer website where people can ask questions on any topic and get answers from experts.
You may be wondering if you can also earn money from Quora. The answer is yes! You can earn money from Quora by providing helpful and informative answers to questions.
In this article, we will show you how to earn money from Quora without investment. But before we get started, let’s first understand what Quora is and how it works.
What is Quora?
Quora is a Q&A platform where people can ask questions on any topic and get answers from experts. It is similar to Yahoo! Answers but with better user experience and quality of content.
Quora allows anyone to ask a question and get answers from people with first-hand experience. For example, if you want to know about the best travel destinations in India, you can ask a question on Quora and get answers from people who have already traveled to India.
How Does Quora Work?
Quora works in a very simple way. People ask questions on any topic, and other people with relevant knowledge or experience provide answers to those questions.
It’s that simple! You can either ask a question or answer someone else’s question. Asking and answering questions on Quora is completely free.
How Can You Earn Money from Quora?
Now that you know what Quora is and how it works, let’s find out how you can earn money from it. There are two ways to make money from Quora: by becoming an advertiser or by becoming an influencer. We will discuss both methods in detail below:
1) Advertising on Quora 2) Becoming an Influencer Let’s start with advertising first… Advertising on Quora Advertising on Quora is pretty simple. You just need to create an advertisement and target the right audience for your product or service. For example, if you are selling travel packages, you can target people who have shown interest in travel-related topics on Quora. When someone clicks on your ad, they will be redirected to your website or landing page, and you will be charged for the click. The cost-per-click (CPC) of ads on Quora depends on various factors such as the targeted audience, the ad quality, etc. However, the CPC for most ads ranges between $0.25-$0.50 per click . So if you are getting 100 clicks per day at $0 .50 CPC , your daily ad spend will be $50 . And if your website converts at 2%, then you will get 2 sales per day , which means your daily revenue will be $200 . So advertising on Quora can be quite profitable if done correctly . However, it’s not easy to get a lot of clicks on your ad unless you have a very attractive offer or unless you are targeting the right audience . Also , keep in mind that the CPC of ads tends to increase over time as more advertisers start bidding for the same keywords . This is why it’s important to keep track of your CPCs and adjust your bids accordingly . Becoming an Influencer If you don’t want to advertise on Quora , there’s another way to make money from it , which is by becoming an influencer . An influencer is someone who has a large following on social media platforms such as Facebook , Twitter , Instagram , etc . They use their influence to promote products or services through sponsored posts or reviews . And this is where YOU come in… You can become an influencer on Quora by providing helpful and informative answers to questions related to your niche . For example , if you are an expert in digital marketing , then you can provide answers to questions related to digital marketing strategies , social media marketing , etc . As your reputation grows on Quora , more people will start following you . And once you have a large enough following , brands will start approaching YOU for sponsored posts and reviews … which means YOU will be making MONEY ! So these were two ways through which YOU can make money from Quora without investment … i . e … by advertising or by becoming an influencer … Now let’s find out how much money YOU can actually make from these two methods… Advertising : If done correctly , advertising could help YOU earn anywhere between $100-$500 per day … Influencer Marketing : If done correctly , influencer marketing could help YOU earn anywhere between $500-$5 000 per day ! So these were some ways through which YOU could make money from Quora without investment … Hope this helped…