Buy From Alibaba
Alibaba is a Chinese eCommerce store that matches Chinese suppliers with buyers all over the world. Prices are extremely cheap, providing the possibility of large profits. However, with the potential profits comes more risk. As you are dealing with suppliers in China, if the quality of the product that arrives isn’t up to standard there is little that you can do about it.
Products also have to be bought in bulk and shipped across the world, and customs tax needs to be paid. That said, Alibaba provides both the possibility of arbitrage or white labeling products, which can then be sold on Amazon or elsewhere.
Create Your Own WooCommerce Store
Once you have decided what type of product you are going to sell, you need to decide where to sell them. Selling merchandise on Amazon or eBay isn’t your only option. Creating your own eCommerce store is another way to promote your products and generate sales. Once you have decided what you are going to sell, whether it is white labeled products, your own designs, or other people’s merchandise, you can set up an eCommerce website to display these products.
WooCommerce is arguably the best WordPress eCommerce plugin for turning your website into an online store. Features include automated online payments, affiliate marketing support, product management, and much more.
Create an eCommerce Store with Shopify
Shopify is another great option if you are wanting to create your own eCommerce store. Shopify is arguably easier to set up than WooCommerce but will give you less control over your storefront and cost you more long-term. However, if you have little to no experience in creating websites or using WordPress, or you are working on a very tight time schedule, then Shopify may be the perfect eCommerce platform for you.
Many Shopify website owners will buy products on Alibaba Express and populate their sites with those products.
Sell on Etsy
If you are a creative type, then you could make money online by designing and selling crafty products on Etsy. Etsy sells a range of beautiful and original items from independent suppliers. Categories range from jewelry, clothes, and accessories, to art, collectibles, and vintage. So if you have some stunning crafty creations, Etsy is the perfect platform from which to sell.
Resources: Etsy Alternatives how to sell your items beyond Etsy.
Niche Affiliate Amazon eCommerce Store
A niche affiliate site often presents like an eCommerce store. To get started with an affiliate site, choose your niche then display products with pictures, descriptions, and prices, just as you would on an online store. However, when visitors click the ‘buy’ button, they will be taken directly to Amazon, to make the purchase. You then make an affiliate fee for sending the traffic to Amazon but have none of the packaging hassle, or initial financial output creating or buying the products.
Resources: Affiliate Marketing
Dropshipping
Dropshipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a dropshipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site, and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue. It can be very easy to start a Dropshipping Business.
Merch By Amazon
Merch by Amazon is another service offered by Amazon that will enable you to make money online without any initial outlay. To get started you need to create an account with Merch by Amazon. Then simply design some T-shirt logos or slogans, and upload them to your Merch account. You will need to choose a T-shirt type, color, and price, and Amazon will create product pages for each T-shirt. When someone makes a purchase, Amazon takes care of production and shipping. And you are paid a royalty for your design.
Printing Fulfillment Services
There are numerous printing companies that will print your designs onto not just T-shirts, but also hoodies, hats, posters, cushions, bags, and phone cases, to name a few items. These businesses also offer fulfillment services. This means that you promote the merchandise on your own site and once you sell a product the printing company will not only print your design but also send the item directly to the buyer. So all you have to do is concentrate on the marketing and selling of your products, and the fulfillment company will take care of the rest.
Selling digital products can be just as successful as selling physical products. Graphics, software, eBooks, design elements, sound effects, songs, and videos are just a few types of digital products that are in popular demand. So if you can turn your hand to creating digital products, let’s have a look at how you can make money online from this skill.
Create Your Own Digital eCommerce Store
Setting up a digital download store can be a great way to make money online from your digital assets, charging visitors a fee to download each digital product. Easy Digital Downloads is a popular WordPress plugin that will enable you to turn your website into a complete eCommerce solution for selling digital downloads.
Sell eBooks on Amazon
Ebooks can be relatively easy to write. Couple that with Amazon, a perfect platform to sell your eBook on, and you could be looking at earning an income through your writing. Once you join up with Amazon’s Kindle Direct Publishing scheme, you can self-publish your eBook in less than five minutes.
If your writing skills aren’t up to scratch don’t let that stop you. Find a capable freelance writer to produce the book for you. The only downside to this is the initial outlay of paying the writer, but this should be recouped in time once the eBook starts selling.
Self Publish Paperbacks on Amazon
As well as selling your eBooks, Amazon can also create paperback copies of your book. CreateSpace, an Amazon-owned company, will help you self-publish your book. A relatively straightforward process, you must upload your work to CreateSpace and submit it for review. Your book will then be displayed on Amazon, printed on demand, and shipped by CreateSpace when purchased. And you can collect up to 70% royalties for each book sold.
Resources: [easyazon_link identifier=”B01277905E” locale=”US” tag=”makeawebsitehub-20″]How to write a book (book)[/easyazon_link]
Create and Sell Design Elements on Envato
If you have graphic design skills then you could make money online by creating and selling your own design elements, like templates, fonts, graphics, and other assets. This is a great way to earn extra money and build up a portfolio of work, which could lead to you picking up freelance graphic design jobs. Websites like Envato Elements pay you a fee per element sold, which can become quite profitable if your work is popular.
Sell Your Photos Online
If you are a professional photographer or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way to help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
Build a Premium App
If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Build a Free App
Free apps have more chance of being downloaded and can be monetized through selling advertising space on the app itself. However, if you want businesses to pay to advertise on your app you will have to be able to prove a high number of downloads. So make sure you are prepared to put in the effort to promote your app once it is created.
Create and Sell a SAAS
Creating Software as a Service (SAAS) and charging people to use it can be a good money earner. Charge your customers a one-off fee to access the tool you have created, or monthly recurring payment. A useful and popular SAAS can expect a high return, so if you have the programming skills for such a task it may be well worth the cash rewards.
Design Themes
If you are a confident web developer then designing your own themes is an obvious path to follow if you are looking to make money online. ThemeForest sells a wide assortment of developer themes, including themes for WordPress, Shopify, Weebly, and Tumblr, to name a few. Once you have created your theme, get it accepted onto the ThemeForest marketplace and make money each time it sells.
Develop WordPress Plugins
Leading on from designing themes, you may want to try your hand at creating WordPress plugins. To increase sales it is worth creating both a free and pro version of each plugin. Free plugins can be added to the WordPress Repository, so your plugin reaches a wide audience. Users can then upgrade to the pro version to access advanced features.
Create and Sell Websites
Successful websites can sell for a lot of money. Websites like Flippa provide a platform to showcase websites to interested buyers. If you are skilled at putting websites together and know how to drive traffic and build a following, then creating and selling websites might be an effective way for you to make money online.
Re-sell Web Hosting
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
Become A Twitch Streamer
Making money from streaming on Twitch is definitely a thing! There’s a captive audience waiting for you on Twitch. tv. Twitch Streamers, like Youtubers, make money through ad revenue and subscriptions to their Twitch channels. People like Ninja ( aka Richard Tyler Blevins) are making money hand over fist on Twitch these days – just by playing video games. He makes over $500k a month from his channel and other various sponsorship deals.
Become a YouTube Vlogger
Famous YouTube vloggers have followings in the hundreds and thousands and have become celebrities in their own right. And through advertising on their videos, they have made big bucks. Popular YouTube vloggers can be paid by companies to promote their websites, products, and services.
Becoming a vlogger is very easy. Simply sign up with YouTube, create your own YouTube channel, and start making and posting videos. The harder part is deciding what to vlog about, and then promoting your channel and growing your audience.
Allow Advertising on Your YouTube Videos
If your YouTube channel has received over 10,000 views then you can begin to make money from your videos through advertising. YouTube places relevant ads on your videos, which in turn, if clicked on, will earn you money. To get started with this, simply sign up with Google AdSense and YouTube will take care of the rest.
Be an Instagram Influencer
Similar to a YouTube vlogger, if you have a large or engaged following on Instagram then you could become an Instagram Influencer. You will be paid to promote products in your photos, from wearing certain clothes to action shots of you using particular merchandise. As your Instagram following grows, you may start out simply receiving freebies in return for a picture of you with the item in the shot. However, for those with followings running into millions, you can expect large payments to display products in your pictures. Use sites like Hype Factory to help connect you with companies prepared to pay for your influence.
Sponsored Tweets
For those with a large Twitter following, you can make money from your Tweets alone with Sponsored Tweets You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.
Brand Ambassador
Many big businesses are looking for social media influencers to become long-term ambassadors for their brands. This would involve you working closely with one particular band, and promoting their clothes, products, and services. You may also be restricted from promoting other brands, so check out the small print before agreeing to any long-term agreements.
Promote Your Own Products
If you have your own eCommerce store, social media is the perfect platform to showcase your products. Demonstrate your products in use and tell your social following why they need to buy your merchandise. Most social media channels allow you to add ‘buy’ buttons to your pages, allowing your followers to easily click through to your site and make a purchase.
Advertise Affiliate Links
Posting pictures of products and their affiliate links on your social media channels is another way to make money online through social media. Link to Amazon or to other affiliate program’s websites to make a fee from any purchases your social media followers make.
Advertise Affiliate Products
A popular tactic to make money on social media is to pay for advertising affiliate products. Create ads for particular affiliate products that are big sellers and have a high yield. Then target these ads at specific custom audiences to ensure your ads are viewed by those who will have an interest in the product you are promoting. If viewers click through your advert to the product page and make a purchase then you will earn an affiliate fee.
This is a slightly risky strategy as you have to pay upfront for adverts with no guarantee of sales. However, advertising is a quick and easy way of reaching your target audience. And, by using affiliate programs, you don’t have to deal with any physical products yourself.
List items for Sale on Facebook
If you have second-hand items to sell, or in fact your own products that you have created or white labeled, then you can sell them through Facebook. Post your products on some of Facebook’s many selling pages, and people can then view your goods and message you about payment and pickup.
Buy & Sell CryptoCurrency
Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that aren’t run by a government or institution. Bitcoin is the most well-known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is around $60k per Bitcoin!!
If you want to try your hand at Crypto trading then sign up for Binance, the biggest and best crypto exchange.
Teach online
Sharing your passion and skills by teaching online is yet another way to make money online. Sites like Skillshare are always looking for teachers to create courses and support their students online. And Skillshare’s top teachers make up to $40000 a year.
Expert Mentoring
If you are an expert in your particular field of business you can earn high fees for your advice. Clarity is a business website for startups and entrepreneurs. Sign up with Clarity as a mentor and then make money online by conversing with customers.
Become a Life Coach
If you have an interest in helping others then you might want to become a life coach. There are numerous winson edu you can complete to give you the necessary qualifications and experience to become a successful life coach. You can then start promoting your life coaching services online and picking up clients.
Create Virtual Events
If you have a background in marketing and a passion for a particular niche, then organizing a virtual event may be just up your street. A virtual event could span a day or longer. Individual live sessions would be run by experts in the field. And conference features would include live question and answer sessions, forums, and plenty of free giveaways. Visitors to the virtual event would pay to attend, so the more effective your promotion of the event the more money you would make.
Buying and Selling Domains
Buying and selling domains can be extremely profitable, with a single domain earning you thousands. However, this is a long game, and you may be waiting years for someone who is prepared to pay big money for one of your domains.
Day Trading
Day trading is a very popular method of trading. However, to enter into this line of business you will need to have some upfront capital. And if you want to be successful you will need to do some research into what is involved. I recommend you sign up to Etoro to learn what to do and begin trading.
Forex
Instead of trading stocks or commodities, another option is to trade in currencies. Forex, also known as Foreign Exchange or Currency Trading, is the largest market in the world. If you haven’t dabbled in trading before, start small, and remember don’t risk more money than you can afford to lose.
Become a Bank
If you have spare cash sitting in your bank account and already have the capital to invest, then you could consider becoming a bank. Zopa is a peer-to-peer platform that will lend your money to others wanting to take a loan. You make interest on the money lent, which is paid back in monthly repayments.
Matched Betting – No Risk ( If you do it properly! )
Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income. Matched betting is the number one biggest and most popular way to make money online in the UK.
Enter Competitions
There are numerous online competition websites displaying thousands of competitions for you to enter. These competitions could win you prizes, gift cards, holidays, and cold hard cash. Spend time each day finding and entering competitions. The more you enter, the better your chances of winning.
Fill Out Surveys
Filling out surveys for cash can quickly amount to a tidy monthly payout. Sites like Gold Opinions reward survey completion with gifts, cashback, vouchers, e-Cards, money, and much more.
Simply signup and start answering questions. This is an ideal money-making hack for those wanting to fill a few minutes of their spare time making extra cash.
Get Paid to Review Music
Slice the Pie is a review site that will pay you for every review you post. Leave feedback on tracks, artists, clothes, and more, to help brands make decisions on what works for their audience.
Get Paid to Watch Videos
Type up Audios
If you are a fast typer then getting paid to type up audio tracks may be for you. Take Note Typing is always looking for transcribers who can work from home typing up scripts. An excellent home job option.
Work on Amazon Mechanical Turk
Amazon Mechanical Turk has thousands of tasks available for you to choose from. Select the jobs you want to complete and work on them from home in your own time. Pay is low, but can quickly add up over time.
What is Amazon Mechanical Turk?
It’s a service that enables you to make money online by undertaking small, paid microtasks. The tasks that you can expect to do is stuff like rating an Amazon search result, spelling checking, proofreading a listing, basic translating, etc.
Become a Clickworker
Similar to Amazon Mechanical Turk, ClickWorker offers a number of online jobs for those looking to make money online to pop up their income. You can select the job that interests you, from correcting text to participating in online surveys, and then complete the work whenever is convenient for you.
Test Websites and Apps
If you have a decent understanding of what makes a good website from a user-experience perspective, then your knowledge and opinions could earn you money.
The website user-testing will pay you $10 for every website or app you review. Simply sign up and then start reviewing. Each review should take 20 minutes, and you will need to complete a set of tasks whilst on the app or website.
Most sites like usertesting.com pay ~$10 per 20 minutes, or ~$30 per hour, which is awesome for just looking at a website and giving your honest opinion.
Sell old cell phones
Nowadays, cell phones go out of fashion and function every 2 to 4 years. Trading up your smartphone for the newer model seems to be the thing to do. With this fast-growing trend, there’s an opportunity for you to make some extra cash by selling your phone and maybe buying old phones for cheap from friends and family and flipping them on a site called Gazelle. Gazelle is a new cell phone selling platform that will pay you either cash or gift cards for your old cell phone.
By using this platform, there’s the opportunity of turning “cell phone flipping” into a small part-time business if you’re able to consistently get your hands of cheap secondhand mobile phones. Note that Gazelle will only pay you for smartphones that work. Not old Nokia 3210s and very old models.
.jpg)
No comments:
Post a Comment