If you're ready to enter the ecommerce fray, you could sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account like ones offered by Stripe or PayPal. Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.
If you do any shopping online (and if you don’t, who are you?), you are probably familiar with cash back apps. The premise is pretty simple: find something you like online, buy it through a cash back portal like Rakuten or find a coupon code, and save some money you would have otherwise spent. The rewards are usually modest, but they add up over time.
Pay can vary greatly, depending on your level of experience and area of expertise. For example, management consultants, who help organizations identify strategies to increase efficiency, can make anywhere from $17 to $170 an hour, on average, according to PayScale. RenoFi, an online marketplace for home renovation loans, is seeking renovation project consultants to review and report on the feasibility of residential construction projects. The job listing does not specify pay rates but notes that ideal candidates may have worked previously as a general contractor, a position that pays an average $15 to $63 an hour, according to PayScale.
Have you heard of drop-shipping? It’s a method of retail where the seller doesn’t actually have a physical inventory. Instead, when a customer makes an order, you purchase the item from a third party, and they ship it directly to the customer. “This means you’ll never have to fork over a single dime to store your products or maintain your inventory,” advises International Living. “And you’ll never have to buy products in bulk, hoping to sell enough to recoup your investment.” This method can be done with online selling platforms like eBay or Amazon. You can find out more about drop-shipping in this helpful article from Shopify. Internet Money
Insurance is an industry that hires a lot of telecommuters, and the work-from-home jobs available are quite diverse—including underwriters, appraisers, case managers, insurance agents, as well as positions in IT and project management. While many insurance companies hire these positions directly as work-from-home jobs, others may offer flexible options for existing employees or part-time telecommuting. Affiliate Marketing
One challenge that retail businesses and chain restaurants face is keeping the customer experience the same across several different locations. In order to monitor across different locations, companies will hire “mystery shoppers” to secretly shop at a store and then provide feedback on their experience. And of course, these mystery shoppers are paid for their time. Work From Home
I am unemployed (60 years old) and am considering trying to work from home full-time (currently living with my sister, mother, and another younger sister). My mother and sister currently pay for all the bills. I have a computer with no mic and am searching for opportunities to make money from home (around $35,000-$40,000/year salary would be ideal). Any suggestions? Online Income
Try flipping houses if you have experience with making home repairs. As you may know from watching popular home improvement shows, flipping homes involves buying up a lower valued property that needs work, and then fixing it up for resell. To get started, you’ll need to have financing either through a bank a partner. Then, you can buy a property that’s priced below market value. After you renovate the property, you may be able to sell it for a profit.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it. Online Income
Bootstrap: This means you’ll be self-funding your business. While not everyone will have the funds to pay for everything they need to start a startup, bootstrapping means that you retain 100% control over your company. You’ll be using the financial tools you have at your disposal—whether that’s financing your business growth with credit cards, personal loans, traditional business loans or a home equity line of credit. The payoff if you can bootstrap your company to an exit or IPO though, is that you might not ever have to work another day in your life. Online Income
Better yet, you can even upload your own book to one of the world’s largest book sellers: Amazon. With Amazon self-publishing, you set the price, retain the rights to your book, and get access to Amazon’s massive audience. For every sale, you keep 70% with Amazon taking the remainder as a fee. If you want to get started, check out Tara Gentile on CreativeLive as she shows you how to use your existing body of work to write an eBook within the next week. Who knows, you might just write one of the best business books or blogging books of the year! Work From Home
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out the Squadhelp platform where you can earn a little extra money online by naming brands, services, products, company slogans and even help out on the logo design front if you’ve got the chops.
Opdyke also points out that for all the damage coronavirus has wrought and all the damage still to come, it might have some positive outcomes when it comes to the work world. “What this crisis is demonstrating is the capacity for so many workers to untether themselves from cubicles and work from home—or wherever,” he says. “In the cold, corporate calculus of a post-corona world, I think we’re going to see an increasing number of visionary companies realize that there are vast cost savings to be had in letting workers work from wherever. There’s no need to pay the costs of running a cubicle farm when workers already have places they can work—their home, a coffee shop, wherever. And I think we will see increased productivity from this because workers will be motivated.”
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
Bootstrap: This means you’ll be self-funding your business. While not everyone will have the funds to pay for everything they need to start a startup, bootstrapping means that you retain 100% control over your company. You’ll be using the financial tools you have at your disposal—whether that’s financing your business growth with credit cards, personal loans, traditional business loans or a home equity line of credit. The payoff if you can bootstrap your company to an exit or IPO though, is that you might not ever have to work another day in your life.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time online personal trainer can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out a few of the top fitness blogs and observe how they make money online from their content sponsorships, affiliate earnings and product sales.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you’re using one of the best CRMs for small business—and start building your own community!) Work From Home
“In recent years, YouTube has grown into the go-to source for all manner of video courses and guides,” says International Living. “Instructors can monetize their videos by charging a subscription fee or password protecting content for paying customers only.” This article shares some tips from one real estate agent who made $100,000 in one month on YouTube. Another piece of advice from International Living: Get to know the phrases that people search for. To find potential search phrases, start typing “how to [your topic]” into YouTube’s search bar and notice what phrases are generated in the auto-fill dropdown. Make sure to use the same keywords when you write your video title, description, and tags. Internet Money
#2-Freelance Writing – Freelance writers get hired to provide content for clients. Find a niche you're comfortable with and write whatever topics your client needs. There's a lot of work out there for freelance writers. Writing is something that will always be in demand. Clients need content for their blogs and that's what writers bring. Some freelancers earn 6-figures per year and you can too. Online Income
If you can listen and type, you can be a transcriptionist. Some positions, such as in the medical field, may prefer applicants with technical knowledge of the subject matter. But plenty of opportunities — including those at Literably (a reading assessment service for students from kindergarten through eighth grade) and Pactera Technologies (a global digital consulting firm) — require no prior experience and provide on-the-job training.
Step back from the full-time grind and try offering your knowledge and skills as an independent consultant. This can be a particularly attractive move for pre-retirees in a variety of industries hoping to ease into retirement, as it lets you trim back your hours as you see fit but maintain your senior-level pay rate if you stick with your area of expertise. You might even be able to talk to your current employer about transitioning a full-time position into a contract role. Otherwise, a number of online job boards — such as Upwork and FlexJobs — and staffing agencies — such as Wahve (which specializes in working with pre-retirees) and Robert Half — can help connect you with clients. Work From Home
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period. Internet Money
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
One of the cool things about Google AdSense is that it's so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance to get this thing going, which makes it a no-brainer if you have a website already. Work From Home