Selling your know-how can really pay off. Even if your know-how is super nerdy and small — I created an online course that teaches people how to start a business proofreading transcripts for court reporters. Lives have been changed in the process, including mine! The course has earned me over $166,000 in profit since its launch in February, exactly four months ago today.
Depending on what hosting service you decide to go with, the initial cost can potentially be as low as $5 a month. On average though, purchasing a single domain name and setting up a basic wordpress site shouldn’t cost you more than $10, leaving you with just enough to invest into your site’s design.
Many major retailers will pay you for promoting their businesses on your websites and social media pages. They might pay you in cash or gift cards. For example, some restaurants might give you a gift card if you check in on Facebook or Yelp.
Not only is Airbnb a great way to make extra money online by renting out your spare bedroom, but you also get the benefit of meeting new people (if that’s your kind of thing). You can even rent out an entirely new apartment just to manage as an Airbnb.
Now, it’s time to plan out your show. If you’re doing an interview-style show, you’ll now want to start getting some guests involved. You can use your existing social network to reach out to people you already know or are connected with on Twitter or Facebook. You can also head to Medium or Amazon to find authors or experts on topics specific to your niche.
If you happen to have a bit more free time, then reach out to the event organizers and see if you can volunteer or help in any way. That way you’re guaranteed a backstage pass and a higher chance of striking up a conversation with an expert one-on-one than if you just walked in through the door.
Strategy #5: Get your site listed in local search directories. Current estimates say 40 percent of search engine queries are now for local businesses and services. When you combine this with research that indicates 92 percent of local searches convert later offline, you can start to see a pattern of consumer behavior.
Ask yourself, “Is the product expensive?” There are costs associated with manufacturing, distribution, reselling, etc. If your product isn’t expensive (at least $50 or more), there may be no profit left by the time you sell the product.
Strategy #1: Establish your credibility. When you sell a service, you’re typically selling a relationship with yourself. And this requires spending more time and effort establishing your credibility and developing a rapport with your visitors than is typically required on a site selling a physical product.
This program allows you to earn money by including affiliate links to different products offered by Amazon. When a visitor views your blogs or social media pages and clicks through the Amazon links on your site, you will earn commissions from Amazon on qualifying products bought during that session.
Affilorama is a great resource for anyone looking at starting their journey in affiliate marketing. The email marketer’s best friend is their email list; you have to have an email list! I use Aweber to collect subscribers.
This was very helpful. 2 of my most recent ideas are in the top 3. I ‘ve let fear and just being overwhelmed keep me stagnant and now I am just at a point where I am ready to take action. I know I will be successful!
How you define quality content depends on your audience and what they find valuable. At Foundr, we’ve found that our Instagram audience likes motivational quotes and updates about what’s going with the Foundr podcast.
Videos are becoming more and more popular. From Instagram and Snapchat Stories to Facebook Live video, videos will only continue to grow. If you’ve always loved the thought of being behind the camera, now is the time you can take an advantage.
When I first heard about Santa Mail, I had one of those “Why didn’t I think of that?” moments. The premise couldn’t be simpler: Parents order letters for children, and Santa Claus himself puts a note in the mail. For just under $10, your kids will get a personalized letter from Santa that is (genuinely) postmarked from the North Pole in Alaska. The site isn’t flashy, but it’s simple and effective.
Could you expand on the “Find a developer” part. You mention there are loads that are looking to partner up with people but from my experience most want paid a lot of money to consider developing your idea.
The $15-$20 is to cover the ticket price, but the majority of these events are usually free. Keep an eye out on the speakers and guest lists and see if there’s anyone you’d like to connect with. Being in the same room with them will make it that much easier to develop a rapport and establish a relationship.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
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.
Take a look at what problems you’re facing right now in your life, whether it’s something that annoys you a little bit, or something that can potentially uproot your entire day. See if you can find a solution to that problem, if you’re experiencing this issue, you can be pretty sure there are others out there who are going through the same thing.
Learn from entrepreneurial experts. ($20) The average ticket price for your local entrepreneurial event is $15-$20, the knowledge and connections you get from it though? Priceless. Total cost so far: $127
Every day, couples in love get engaged. And every day, couples who have fallen out of love separate or break an engagement. When the latter happened to Josh Opperman, his fiancee was kind enough to return the engagement ring, and he didn’t know what to do with it. Since the wholesale markup on engagement rings is insanely high, he would have taken a huge loss in returning it. So instead, he started his business, I Do Now I Don’t, an online marketplace for unwanted engagement rings. Customers can buy rings at prices far cheaper than you’d find at a traditional store, and you can sell at rates that are better than you’d get if you tried to return the ring. Business started booming, and now you can buy and sell other jewelry items there too.
Journalists, doctors, lawyers, academics, and researchers record interviews every single day and need someone to transcribe what’s been said. So, if you’re comfortable with listening to the same audio over and over while writing it down you can make good money online doing transcriptions.
Parking is at a premium in most thriving cities. Renting an unused space in your driveway or vacant deeded parking space can generate additional income. Advertising availability on Craigslist exposes this opportunity to local people, and up-and-coming apps like JustPark also allow you to easily rent out your parking space when it’s not in use.
The benefit here is that you don’t have to risk buying up stock in a product and losing money if it doesn’t sell. The entry barrier is lower and you don’t have to invest nearly as much to get started.
You’ll also need to provide evidence that other clients have been satisfied with your services. Depending on the nature of the service you provide, you may choose to do this in a few different ways. Testimonials from clients are a great way to establish your credibility. An online portfolio of your work might be another option (for example, landscapers might include pictures of well-manicured properties they designed and maintain). However, if the confidentiality of your clients is important, you may need to approach this a bit differently by including more general descriptions of problems you’ve encountered and steps you’ve taken to solve them, with no names or clues that could give away identities. If privacy is important to your clients, then visitors to your site should be able to understand why you can’t reveal names and exact details. But again, don’t assume they’ll know. Be sure to explain this.
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.
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.
It’s a good question. Because while almost all the selling and traffic generation techniques I teach work equally well for both product- and service-based business models, there are a few unique challenges faced by those selling services that warrant special discussion.
With over 3.2 billion people now actively using the internet, we’re well into a massive transformation in how the world does business. We’re living in an age where there’s no longer limitations on what you can achieve based on geographic location or lack of financial resources.
1. Network with other local businesses. If you want local traffic, start making personal connections with other local business owners–preferably those with sites of their own. Look for ways to position your service and your site as a resource to their customers, and then request a link on their site or get permission to leave your business cards (printed with your URL, of course) in their lobby or next to their cash register. Even consider rewarding local business owners for sending traffic and leads your way by offering them a special gift, a discount off your service or even a portion of the profits.
Similar to selling your freelance services, you can also start selling your knowledge and advice in an area you specialize in as a coach or consultant. If you can bill yourself as an expert, there are tons of people out there willing to pay for your time.
To be a great graphic designer, you don’t need to be great at drawing, you don’t need a college degree, and you don’t need to buy a fancy expensive computer. But you do need to be a visual thinker, you do need to specialize in something, and you definitely need a portfolio.
How many email newsletters are you bombarded with every single day? There’s a reason for that. Marketing to an actively interested group of email subscribers is one of the best ways to make money online. There have even been million-dollar businesses built from simple email newsletters like TheSkimm, or Mister Spoils. Each newsletter targets a specific type of user with interesting, daily content, while also partnering with relevant companies and affiliates to bring in extra money. If this seems daunting, it’s not. Tools like MailChimp, ConvertKit, AWeber, and ActiveCampaign, make it easier than ever to get started with email marketing.
No matter how much free information there is out there in the world, nothing really beats learning directly from the experts themselves. But in order to do that, you’re going to need to be able to get in touch with them first.
So you must walk a fine line, making sure that you keep confidential client information confidential, while (1) proving that you’ve satisfied the needs of other clients like them with great results and (2) demonstrating your ability to customize your service to meet their personal, unique needs.
However, the majority of the site would focus on establishing the value of the actual product–the gift baskets–and providing detailed information about guarantees, delivery procedures, etc. Including reams of misplaced information about the website owners could actually hurt sales more than help because, in this case, visitors’ chief focus should be directed to the value of the product.
Shopify and Squarespace each offer a 14-day free trial of their services, which is more than enough time for you to get a basic version of your store up and running as a test. Other sites like Big Cartel allow you to use their service for free if you have fewer than five product listings.
While Etsy is a great place to get in front of potential customers who wouldn’t have otherwise found you, once you’re up and running and have built a decent audience, you can move your store over to Shopify and retain a larger portion of the income you make from selling your goods.
Are you interested in home decor? Do you love re-imagining home spaces? Consider a career as an online interior decor. You can create mood boards, set up design strategies, and make furniture and fabric recommendations all online.
For example, a site that sells a product like gift baskets might include some brief “About Us” information that gives details about who the website owners are, why they started their business and how long they’ve been online.
If you’re willing to spend a little more, and I’m talking about $5 more here, I’d personally recommend GetResponse with their most basic plan costing you $15 for up to a thousand subscribers. Even then, they also offer a generous 30-day free trial, more than enough time to get your business up and running.
You need to make it easy for your visitors to contact you. Provide an online form, your e-mail address, phone number, fax number, physical mailing address and any other relevant information (like the best times to call you). And make sure this information is highly visible and easily accessible from every page of your site. Why not invite a few honest friends to check out your site and time them to see how long it takes for them to find your contact information? What’s obvious to you may not be obvious to the rest of the world.
For the former, do a smoke test by building a simple landing page advertising your product and what it’s all about. You don’t need a ton of bells and whistles; all you need to know is whether or not people will actually pay money for it.