One of the best things about data entry jobs is that they’re consistent, reliable, and can certainly help you pay the bills.
Data entry jobs likely won’t ever make you rich though, and the work can be repetitive.
However, their popularity persists because many offer flexible hours and don’t require much other than the ability to type.
Data entry is about moving a vast amount of information online, but just why are there so many positions out there, are they even legit, and are they worth your time?
What is Data entry
As the name suggests, data entry is entry of any kind of data in a special form.
Data entry jobs require you to compile the raw data into some informative manner so that it could display some valuable result.
Data entry can be performed online as well as offline.
Offline Data Entry
In the case where you do not require internet connection for performing data entry, it is called offline data entry service.
You do not require to work with the data on pen paper, but you need to convert the data and send it on e-platform.
The person who is performing the data entry is known as data entry operator.
There are different types of companies with raw data in hand and they need to process that data in order to run various statistical tests on that data to find valuable answers.
But these companies do not want to spend much on the process of compiling the data so, they hire data entry firms to do the required work.
The most common practice used by offline data entry companies is by providing all the files and folders which requires to be filled.
The most common forms of offline data entry are:
1. Conversion of hard copies into soft copies.
2. Form filling data entry.
3. Handwritten data entry.
Online Data Entry
As the name suggests, in the case where you require internet connection for performing data entry, it is called online data entry service.
The most common practice is to be provided with all the files and folders which requires to be filled and submitted on a digital platform.
The most common forms of online data entry are:
1. Data mining: This is a new way of data entry where you need to search for data hidden on online platform, process them and submit the processed data to the client.
2. Accounting data entry: Companies prefer to recheck their accounts in order to make sure they don’t face any taxation issues. So, they approach data entry firms and you need to check their accounts.
3. Insurance claims and data entry: There is a huge list of insurance claims with the companies and they need to keep that in a perfect order to maintain records.
4. Numeric data entry: Sometimes, the data is not numerically correct or the data is not marked correctly with numbers. Companies needs to apply numbers to the data in order to make it listed in a perfect manner.
5. Database entry: Sometimes, there is more than one database for an existing data which creates confusion. Therefore, there is a need to merge these databases to create one major database.
6. Mailing list entry: Companies have a large number of clients and their contact details. They need to manage this in order to work efficiently.
7. Data entry of logistics: In recent past, there has been an increase in the logistics industry. Companies need someone to keep details systematically and they appoint data entry firm for that.
Skills Required To Start Data Entry Jobs
So if you’re looking for a second job to earn some extra money or if you’re looking to gain some work experience, data entry jobs are a good place to start.
Since there is an array of services under the Data entry sector, the skills required are also specific to the type of service but the general skills which are required are as follow:
1. Typing skills with perfection.
2. Digitalise paper documents with accuracy.
3. IT skills and knowledge of software related to the specific service.
4. Reading skills par excellence.
5. Effective Scheduling.
6. Communication skills both in writing and verbal.
7. Management of deadlines and timeframes.
8. Other computer skills is a plus.
Looking for Online Data Entry Jobs
As a job seeker, particularly if you’re seeking freelance gigs or side hustles, you’ve likely come across plenty of job listings for data entry clerks.
They sometimes come under different names: data entry operators, data entry workers, data entry processors … the list goes on.
Industries that hire data entry clerks are wide and varied: Anything from healthcare to retail to accounting and research.
Depending on the project, some data entry jobs are long-term — with new data received regularly that need to be entered into computer systems — while other companies, such as those moving towards digitization, will hire data entry clerks for a set time.
Here are our top 11 picks for places to go for online data entry jobs:
A data entry jobs can be performed from home with minimal startup costs.
Even if you don’t have the appropriate computer hardware or software at home, the cost of a computer and the necessary software is relatively low.
Some of the other positives involved with starting a data entry business include:
– Large base of potential clients: Because so many industries need data entry services, there’s a large pool of potential clients. Many of them also outsource the work because it often is cheaper to contract with an outsider provider than to hire full-time staff to do the work. This means you can build a base of local clients, especially if you have connections in the area.
– Crowdsourcing options: If finding local firms is difficult, there are many organizations and businesses that post projects on crowdsourcing sites. This can be a good way to stay busy and build a history of quality work for your data entry business.
– Specialization: If you have experience or connections in one particular industry, you can market yourself as someone who specializes in that particular field. For example, you might have years of experience working in medical offices or in investment offices, giving you insight and knowledge that can help you build a base of clients in those industries specifically.
Data entry can be tedious work, sitting at a computer for hours and repetitively typing information. It can put a strain on your eyes, hands, and wrists.
If you can’t handle this type of work or are unable to break up the monotony, this might not be the right business for you to start.
Other potential negatives include:
– Low pay: Most jobs pay by volume, so you often have to do a lot of work to make a steady income.
– Offshore competition: Some firms will hire people from outside the U.S. to handle some jobs. They’ll do this through crowdsourcing sites or through established relationships with foreign data entry operations. In terms of cost, it can be difficult to compete with these workers.
– Avoiding scams: There are a number of work-at-home scams associated with data entry work found online. Most reputable crowdsourcing sites vet the clients posting projects or provide some type of protection. It’s still possible to be a victim of a scam online, however, when you don’t know exactly who you’re dealing with.
Many companies and organizations record and track vast amounts of information, creating a market for data entry jobs.
Some companies do this work in-house, but others contract with outside firms. If you are an exceptional typist with an eye for detail, providing data entry services might be a great idea for you.
On the downside, it might be boring and repetitive job and you have to work to targets which can be difficult as your mind is inclined to wander due to a lack of stimulation.
One of the positive aspects of the job is that it is pretty easy so you don’t have to take it home with you at the end of the night.
You work 9 – 5, can wear whatever you want and receive a weekly pay package.
Dan is contributing to cashtipsandtricks by providing his expertise as an investor and entrepreneur.