Even before the United States was hit hard by COVID-19, businesses have been leaning toward online marketing. For consumers, it’s easier, more convenient, and even cheaper.
While this transition has left some business owners scrambling to adjust, it’s also opened a lot of doors for online entrepreneurs. You might be surprised by how many ways there are to make money online.
We’re here to provide a few suggestions. Keep reading for seven of the best sources of income to be found right from your computer.
1. Sell Products Through Third-Party Dropshippers
Do you have great ideas for t-shirt designs or other products? But what if you have no means to produce or store these products?
Third-party dropshipping companies exist for just that reason. You can create a shop full of customized products and market it through your website. When a customer places an order, the drop shipper produces and ships the product for you – taking a cut, of course.
2. Sell Ebooks
If you don’t have any ideas for products but are sitting on a wealth of knowledge and expertise, you may want to consider selling Ebooks to make money online. Establish your niche and identify your target audience. Then market to those people by expressing how your Ebooks can solve their problems and make their lives better.
You won’t get instant cash like you would pawning your car, however. It will take time to grow your audience, generate leads, and make sales.
3. Host Online Webinars
For coaches and consultants of all kinds working from home, you may be able to make decent money hosting online webinars. Depending on your expertise, you can promote your webinar to people who need help in specific areas of their lives. They can pay a small fee to be granted access to your webinar.
Webinars are also fantastic platforms for promoting other products and services.
4. Use Affiliate Marketing
If you like the idea of selling items online but don’t have the inclination to create your own, you can do affiliate marketing for MLM companies. You sell their products and receive a commission.
You can also get other people to sell under you and receive a commission of their sales as well.
5. Use Your Platform to Promote Other Brands
If you don’t want to handle products at all, you can consider promoting other businesses’ products and services through your platform for a fee. If you have a respectable social media following, you can get paid to publish posts promoting other brands.
However, you’ll need at least 5,000 followers before brands start looking at you as an influencer.
6. Manage Other Businesses’ Digital Marketing
Just because you don’t have your own business, it doesn’t mean you can’t make money online. If you know your way around digital marketing, you can offer services online to other businesses. For example, you can help manage their website, content marketing, email campaigns, and social media profiles.
7. Sell Crafts on Etsy
Finally, if you’re the artsy type, maybe it’s time to take a chance on yourself and start selling your crafts online. You can use platforms like Etsy as your digital storefront.
Don’t hesitate to use your own website and social media accounts to promote your products as well.
Looking for More Ways to Make Money Online?
If you’re looking at a path of online entrepreneurship, our website can help.
Find businesses that can help you get started and check out our other articles pertaining to business ownership. Good luck!