Are you looking to create a passive source of income to add some extra money? Or maybe you want to quit your job and work from home? There are a lot of possibilities, thanks to the internet.
More and more people are making money online, and despite what you might hear, there is still room for those who have the willingness to learn and work toward their goal. This article will present some ideas you can try. And remember that if one of them does not work out, you can move on to the next one.
Idea #1 – An Online Store on Shopify
According to Shopify Plus, the worldwide retail ecommerce sales will reach almost 5 trillion dollars by the end of 2021. The market and demand for products continue to grow, and you can jump on the idea.
There are a lot of great tools, such as Opinew Shopify Product Reviews App and Importer, that make running a store easier. It might be challenging to find the perfect product and market it to attract customers, but if you can get a break, there is no ceiling as to how much money you can create.
A profitable online store can become a sole source of income that requires only a few hours of attention every week once you automate most processes.
Idea #2 – Blogging
Blogging is still a good way to make money, especially if you feel like you can produce quality content consistently. The number of people who love to read is not decreasing, but they are moving online.
A blog can be about anything, so long as it is interesting. When you build a readership, pick any of the available monetization methods. It would probably be better to avoid running ads as those slow down the website’s speed by a lot. Instead, look to include affiliate links, create a crowdfunding page, or sell opportunities to guest post on your blog.
Idea #3 – Affiliate Marketing
Affiliate marketing is no longer about Amazon and Clickbank. While these two programs provide the widest selection of products to promote and are still an excellent choice for newcomers, you can find plenty of other great affiliate partnerships.
There is no need to develop a website. Social media or a simple landing page will work fine so long as you can drive traffic to the affiliate links and convert that traffic into sales.
Idea #4 – Customer Support
The need for customer support reps grows in the wake of the most recent Coronavirus pandemic. Businesses are moving online and need someone who can manage the influx of new customers.
Working in customer support means that you will need to respond to messages on social media or live chat on the website. Emails and phone calls are also on the list of tasks.
The start might be slow and difficult, but once you get the hang of things by gaining a bit of experience about the customers, products, and the work itself, it should be good.
Idea #5 – Freelancing Gigs
Freelancer platforms like Fiverr and Upwork have plenty of work opportunities even for those who are not that great with computers. A good example is data entry jobs.
On the other hand, having skills like writing, graphic design, or knowledge about SEO will give you an edge as professionals of their craft are always in demand.
Starting on freelancing platforms is always hard because there are already a lot of people with positive reviews on their profile. You will have to start from the bottom and move your way up.Look for any advantages you have that might increase the odds of getting selected among the candidates. Perhaps you have a great internet connection? Or maybe you are available
during particular hours? If you believe that it helps, include such information in your bidding proposal.
Idea #6 – Instagram Marketing
Instagram is one of the most popular social media platforms in the world. One billion active monthly users (Oberlo, 2020) is the perfect indicator of that.
You will need to pick a niche and build your profile. Focus on consistency as new content is what keeps people engaged. And remember that there is an option to schedule Instagram posts in advance to make sure you do not miss any day of the week.
Idea #7 – Self-Publishing a Book
Amazon has a self-publishing program that allows writers to publish their books without having to deal with annoying agencies that reject the majority of submissions.
You will be in charge of marketing, and the number of book sales depends entirely on the effort that you put in.
Idea #8 – Streaming
Streaming has become one of the most popular forms of entertainment. At first, platforms like Twitch TV were about gamers, but the status quo has changed a lot recently.
You will find a lot of variety channels, such as cooking, podcasts, music, or arts. Study other streamers to become successful yourself. Download Twitch streams to your computer in case your internet goes down or you are on a trip. Put the time to good use and understand what makes streamers good at what they do.
Knowing these little details will make it easier to create a successful channel and make money from subscriptions, donations, or sponsorship deals.