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Data analytics is often combined with data science, but the two concepts actually are quite distinct. Data science is a macro field involving a mix of programming and statistical analysis, building algorithms and predictive mathematical models to process and manipulate data. Data analytics involves the statistical analysis of data sets to find actionable insights, often to inform business decisions in marketing, pricing, sales, and product development.
Recommended for: people who are passionate about and know numbers and data and have experience in this domain.
How much can you earn? As a freelancer, you can set your own rate, but you will want to price competitively in order to sustain your lifestyle and receive a consistent flow of projects. Companies will pay upwards of $20 per hour for data analysis services
Start-up costs: none
If you’re passionate about numbers and data and have some experience in this area, you’re in luck: this is a highly sought-after skill as companies need data analysts to help them understand their data and learn how to leverage it.
However, you do need to have some experience with data, data analysis, statistics, and the tools and software needed to perform this work.
But if you do, you can advertise your services on platforms like Fiverr and either work on a freelance project basis or even as a part-time or full-time remote job.
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