Mobile applications are more popular than ever, and people are willing to pay good money for ways to manage their lives from their smartphones. If you have a great idea and happen to know coding, you can run with it and create your app yourself. If you just have an idea and don’t know the ins and outs of how to turn it into a reality, there are plenty of software developers looking to collaborate with people on app creation.
You can never assume that providing information about what you’ve done for other clients will enable visitors to your site to make that leap and picture what you’ll be able to do for their businesses. You need to be very, very specific about what you’re offering. To help you do that, look at other similar service providers and ask yourself these questions:
Whether you’re selling your own new products or reselling other goods, you still have to consider how much stock you’re going to carry, how you’re going to fund upfront purchasing costs, and where you’re going to store your inventory. Remember, even if you avoid paying rent on a storefront, you still need to store your inventory somewhere.
You’ve thought about it every year. You’ve gone over countless online business ideas in your head and imagined what your life would be like if you could quit your job and generate money on the internet.
I’m sharing everything I’ve learned over the past decade, pulling from my own experience in earning a consistent $10,000/mo or more in side income (on the side of my day job) from online sources like affiliates, courses, freelancing and other ways to make money online that we’re exploring in this guide.
There are over 300,000 translators in the world for a reason; they are needed. In a world where more and more companies are using outsourcing, those that speak other languages are indispensable. Whether you are negotiating deals for an import-export agent or replying to company emails, there is work out there.
Find a profitable market. Brainstorm some ideas, do keyword research, and try to get as specific as possible. For example, there is probably a lot of competition for selling surfboards. But if you narrow it down to surfboard racks, you may have a better chance of standing out in the market.
Take a few ideas and run with them – by this time of the next year, you very well may have your own successful and profitable online business! Just be sure to report back here and let me know your results!
The difference between operational and successful is in mastering man’s greatest nemesis — time. Get firsthand accounts from successful entrepreneurs who have grown their home based business into online behemoths.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Telemarketing services are great for appointment setting as well as creating warm leads. More and more companies are looking to outsource their marketing efforts and this is where you could fit in. Telemarketers charge £15-30 per hour depending on the size and type of operation.
Larger companies can hire an agency or full-time staff member to run their Facebook and Twitter accounts, but small businesses often have to handle their own social media marketing. With so many responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of social media to spend time developing and implementing a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.
Keep in mind that you don’t just start a blog and expect the money to roll in. You need to create content consistently, and it also needs to be content that educates, informs, or entertains people. In other words, it needs to capture their interest in some way.
People on your email list are not only more likely to be customers, but you can use the power of email to help nurture a lead by regularly sending them quality content through something like a newsletter.
If you’re a skilled worker in a specific niche, like marketing, design, or software development, there are specialty marketplaces that cater just to you. These are amazing places to make money online as you know that the people visiting them are looking specifically for the skills you have. Check out places like 99Designs or Dribbble for designers, Cloudpeeps for marketing and SEO professionals, and TopTal, Crew, or Gigster for high-level software developers. Once you’ve built up your development skills, you can begin building a brand for yourself as a higher-value consultant and start charging brands for larger projects like implementing an entire WordPress security overhaul or migrating a website from http to https.
Once you’ve gathered a list, put together a template outreach email (as you’ll be doing this over and over) that’s short and clear with expectations. Tell your potential interviewee who you are, what your podcast is about, and what you’re asking of them. Do a few test interviews with friends and family to make sure everything is being recorded at the quality you want and then book your first episode.
Nearly every company is now looking to build a website. In fact, even those companies that have a website are looking to make sure that theirs looks bigger and better than the competition. You can learn how to earn money from home with practically no investment and this is certainly one of the best business ideas for someone wanting huge amounts of flexibility.
Strategy #2: Be specific about exactly what you’re offering. We’ve already talked a bit about this, but this is such a common mistake I see website owners making–whether they’re selling a service or a product–that I think it warrants further explanation.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started.
Like I said, this process can be a bit overwhelming. And that’s why I put together this free master course to help break this entire process down into easy to follow steps that’ll get your blog off the ground and generating readers in less than 1 week.
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.
A web developer is someone who knows how to build a website from the bottom up. In order to do this, you need to learn coding, which will take time and hard work. But if you’re willing to put in the effort, it can pay quite well.
Most predictions say the market for 3D printing will reach $16.2 billion by 2018 (1), and you can take a chunk of that by printing 3D blueprints, prototypes, and anything else your customers need. You’ll probably want to start by focusing on one niche, like: 3d printing for dolls, etc.
My favorite online business idea is a service that solves a problem, gives back to the environment, and can financially assist any charity across the U.S. I started My Kid’s Threads, an online consignment service that features amazing high-end designer children’s clothing for purchase or consignment, after working 15 years in eCommerce for Fortune 500 companies. Busy families love the convenience of shopping online, saving money, and giving back to charities or earning some cash for their kids’ outgrown clothing.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
Some people have made big dollars by owning desired domains and selling them to hungry buyers. For a minimum investment of buying domain names you feel will be popular (typically $10 to $20), you might make a big profit selling it down the line.
Content creators, marketers, publishers, attorneys, political groups, and probably a few college students—the potential client list is endless. Start with very competitive pricing, but as your project load builds, ramp up to charging more.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
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.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
If you’re a crazy-good writer, you can (and should) charge crazy-good prices. Proof is the pudding, though, right? Where has your work been published? If you haven’t been published, your “perceived value” will be less.
Bridging the gap between online and offline shopping and getting people over the uncertainties of online shopping is key in converting customers. In order to do this, online retailers must create a flawless shopping experience that caters to the needs of their customers. Four Mine is an online jeweler specializing in diamond engagement rings and wedding bands. What’s unique about us? We offer a free try-before-you-buy replica ring service. Our high quality diamond simulant and metal alloy rings look and feel as close to the real ring as possible. Consumers can try their favorite three styles at home, with no obligation to purchase.
I tried it and received an unusual, metal, spider-like object. It winds up and moves along the floor or tabletop. I looked it up and found that it usually retails for about $28. While I wouldn’t necessarily have bought it in the first place, for $10 I got a pretty good deal.
The college debt crisis is everywhere. News, politics, they can’t get enough of it. People are afraid to go into debt now, and a lot of them will pay good money for help through the financial aid maze.