How Much Do Digital Nomads Make?

Are you getting bored with your latest Job? Do you wish to live a carefree life where you could become your boss? Might you want to say goodbye to your current Job and be flexible with your work? A few years ago, this seemed to live after retirement. But trust me, in today’s world, this would be possible if you wish. You don’t need to wait till retirement. We, SiteRank Tech Solutions, a Digital Marketing Agency in Kolkata, know all the possibilities and can guide you to live a stressless life being a digital nomad.

In the present scenario, digital nomad has become a well-known and trendy word. All the credits go to the internet and the current market scenario where a person can easily do his Job while travelling.

It looks very attractive to travel lovers and those getting bored in their regular office life. But before taking any decision, research carefully about the work process in detail and ensure your financial benefits. SiteRank Tech Solutions, a leading and trusted IT company in Kolkata, is happy to solve all of your queries.

Let’s look at some points where you can get a clear idea.

How Digital Nomads make money

There is a simple answer to the query. Digital marketers work and make money online. However, their pay scale is different, but some of the established digital nomads earn over $100000 per annum. The package looks attractive. It can be possible in various methods.

There are so many possibilities. You can be an obedient employee of a company where you must follow a definite work process. Almost 35% of nomads belong to the category. You can work as a freelancer, an entrepreneur, or a business owner. The fact is whether you would be able to work online while you travel.

Above all, you must have a certain skill for what you can be being paid.

There are several ways to earn money as a digital nomad. They are:

• Digital Marketing.
• Social Media marketing.
• Website Designing.
• Graphic Designing.
• Editing.
• Copywriting.
• Web development.
• SEO.

And many more.

You can learn all these skills to start your journey as a digital nomad. You can start making money online with the skills and give your career a boost.

Different factors can determine how a digital nomad can learn. They are:

• Job Domain.
• The skill level.
• Experience.
• Nature of the client.
• Location of the client.
• Type of the Job.

Let’s discuss a few words on each of them.

Job Domain:

Job domain is a key factor in being a digital marketing nomad. For example, the salary of a web developer as a digital nomad is not equal to that of a translator. The field plays an important factor in earning money as a digital nomad. It also gives your career a boost.

The skill level:

The skill level is also required like any other digital nomad job. The more high-quality product you deliver to your client, the more they will pay you according to the quality of work. Doing high-quality work requires skill efficiency; you must be a master of that.

Experience:

Experience is one of the essential factors in any work field. Your experience as a digital nomad keeps a value to the clients. At the time of beginning, Someone who starts his nomad journey with less experience will surely earn less than Someone who is well experienced in the respective field. As a social media marketing agency in Kolkata, we also prefer experienced persons.

Nature of the Client:

It is something you cannot ignore. If you provide a service to a business person or a company, you can make much more money than offering your service to a single person or a new freelancer.

Location of the Client:

Your client location directly impacts your income per annum. If your client base belongs from Asia, you can expect low earnings. Because in Asia, most of the jobs are outsourced and offer low cost.

If you choose a client base with high service costs, offer more money than the local market.

Job Type:

Nomads freelancing on well-known platforms keep a percentage of the money, impacting their earnings per annum.

Stress-less Job:

It is one of the main reasons why Someone chooses the digital nomad life. A large number of nomads said that they remained stressed before joining as digital nomads. The daily office routine can be stressful to some people. Of course, it makes a difference. A person who chooses the digital nomad life prioritizes his life experiencing many new things.

Although they earn less money, they remain happy and less stressed.

Range of income:

The package per annum of a digital nomad is quite attractive. They earn between $10000 to $170000 per year. Isn’t it a big range?

According to a report by Flexjobs in 2018, 40% of digital nomads earn more than $50,000 per year, whereas 18% earn more than $100,000 annually. At least 30% of digital nomads get money the same as their regular office job.

You must keep a target to earn $30,000 in a year which is $2,500 per month. It is an acceptable range where you can go for a trip without maintaining office hours.

You can also follow tips like balancing the work-life, creating more funnels to earn more, maintaining the budget, following cost-effective travelling, etc.

Conclusion:

There is not so much to conclude. As a Leading Digital Marketing Agency in Kolkata, we can suggest you do what you want. It is completely fine if you are okay with the current office job. But if you are passionate about travelling and want to live a stress-free life, try the digital nomad profession. Both of them have their facilities. It is completely up to you. But digital nomads also earn a lot of money despite all the stress.