Everyone is an expert in something. Maybe you know a lot about copywriting or meal planning or raising a credit score. And, if you can teach what you know, there’s probably someone who’s willing to pay for it.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
Santa Mail has been around since 2003, and as far as I can tell, it was the first company of its kind. Since then, at least four sites offering the same service have popped up. Even though someone may come along and offer something better, for now, Santa Mail is at the top of its niche.
Fulfilled by Amazon: Rather than drop shipping, Amazon lets you store your products in their own warehouses, making them available for Free 2-Day Shipping to Prime members. Which has been proven to significantly increase sales.
Tracey Wallace is the Editor-in-Chief at BigCommerce, where she covers all things ecommerce: marketing, design, development, strategy, plus emerging trends, including omnichannel and cloud replatforming.She is often featured in publications, such as Forbes, Entrepreneur, Mashable, and ELLE, along with leading BigCommerce partners like HubSpot and Square. She launched her career in ecommerce with Y-Combinator backed Shoptiques.
Courses and other knowledge products like e-books, are what’s called passive income. That simply means that once the upfront time and effort is put in, with just a bit of regular upkeep and marketing you’ll be able to continue to sell and make money from them for months and years.
Many small businesses don’t have room in their budget for a full-time IT employee, so when their systems go on the fritz, they’ll usually call a computer-savvy friend or family member. If you have experience working on computers and networks, you can eliminate their need to call in a favor and offer immediate remote technical assistance.
Instead, go with a self-hosted site (like my blog here is)—this means your blog will be hosted on your own server and you’ll have full control over it. There are tons of highly reputable, affordable companies you can choose to host your website, like Bluehost, Kinsta, or A2 Hosting.
If you can couple video production with the ability to be creative, you can make videos go viral. If you can do that, your £500 video is going to be worth £5,000 or even £50,000 to a client. Checkout the results from the Old Spice video campaign!
There are freelance sites, such as the popular oDesk, that often have jobs for virtual assistants. Just as with physical assistant positions, you will get paid for helping executives with a wide variety of tasks.
Shopify is a great example of the freemium model. By offering some applications for free, they get exposure for their whole business. Since the company was founded in 2004, they have acquired 30,000 customers, including Pixar and the Foo Fighters. Their revolutionary “build-a-business” competitions in the past have produced over $70,000,000 in revenue for over 14,000 entrants.
Although it is only in the early stages Code Academy is going to be one of those online training centres that really stands out from the crowd. More than one investor has seen the potential that is has with the Academy getting over $12.5m in investment within the first 12 months, including investments from Richard Branson and Yuri Milner.
It doesn’t pay much, but if you’re a healthy person and want to make a bit of extra money online, the AchieveMint app will reward you for doing things like walking, tracking your food, or taking health surveys. AchieveMint works by connecting to fitness apps you might already be using like Fitbit, RunKeeper, Healthkit, and MyFitnessPal and then giving you points for certain actions. For every 10,000 points, you earn $10 with no limit on your earnings.
While most of the ideas for making money online we’ve covered so far can be done on the side, if you’re looking to completely change your career and start working online there are thousands of companies looking to hire who don’t care where you are.
You can test your market. If you have an idea, start blogging about it. Answer the common questions people might have and provide valuable content in your idea’s niche. Once you have an audience, you can pitch a product/service to them and effectively test that market before jumping into it.
Starting a blog isn’t as hard as you think. All you need is hosting and a domain. To make money online from a blog you need to gain large amounts of traffic from a specific niche. See how I do it here. You can earn cash using:
By the end of the week, hopefully, your book has eclipsed the top 5,000 or 10,000 overall paid ranking. From there, raise the price to $2.99, and continue raising the price $1 at a time every few days until it stops selling (then, lower it back by a dollar). This will tell you the optimal price for your book.
Why not turn your hobby into an online business? You can monetize most hobbies multiple ways. You can create a blog about your hobby where you sell advertising. You could also write a book, create an online course, or provide training online. You could set up an ecommerce site where you sell your products. If you are ready to get started, check out our guide to start a small business.
Do you love video? The bar for entry is much lower than it used to be. Now, you can create high quality videos from your smartphone. Upload those videos on a site like YouTube, and monetize it with advertisements. If you get popular enough, you can also benefit from company sponsorships.
With tens of thousands of new drones being purchased, and subsequently crashed or damaged, there is an opportunity to start an online drone blog, advice, and repair business. Here’s the clever part: use a 3D printer to print good quality spare parts cheaply and use those for repairs and spares. Customers with damaged parts can order them online, have them printed, and delivered. Alternatively, they can post the damaged drone to you to your workshop, have it repaired, and sent back.
Once you’ve established yourself in any of the numerous freelance verticals online, spending your time focusing just on doing inside sales (booking freelance contracts with high-value clients) and then subcontracting your work out to other freelancers can be a great way to make money online.
Resume writing can be one of the most difficult tasks ever. If it’s not difficult for you, consider a career in resume writing. While you may not have repeat business, you’ll get a lot of great referral traffic.
If you’re a longtime reader of Foundr, you’ll be familiar with this simple tool. If you’re not, the business model canvas is basically a worksheet that helps break down the nine essential elements of your business. It’ll allow you to take an objective look at your business idea and consider areas that you might not have thought about before.