Now that there are approximately 3.2 billion people using the internet, there’s never been a better time for creative people to get on the web and start making some extra cash. The way that people launch companies and sell products is changing drastically, and there’s practically no limit on what you can achieve, even if you don’t have a lot of resources to get you started.
There are so many different ways to make money offline, and even more ways to make money online that it’s hard to know where to start. That’s why we’ve put together this list of easy and effective options to help launch you into the world of online selling.
1. Try Affiliate Marketing
If there’s a specific niche that you find appealing, and you think that you can write some decent blogs about it, then there could be a job for you in affiliate marketing. Affiliate marketing simply means that you launch a blog and write about or review products for a specific company or marketplace. You get special links that you can use to send people to buy that product from your blog.
Whenever someone clicks on one of your links, the website will track that the purchase came from you, and you’ll earn a small commission for your work. At first, the money you earn might not seem like much, but there are plenty of people who now make a serious side income from affiliate marketing.
2. Design and Sell Software
In the digital world, there’s a huge need out there for useful software. Whether it’s an application to help with consumer products or a specialist app that’s designed to solve a very specific problem, there are plenty of ways that you can get involved in selling software. People will even buy games that they can play on their phone if you can convince them that you have something fun to offer.
If you need evidence that software can lead to success, just look at Slack – this application is currently one of the most popular tools in the collaboration world, and it got to that point in less than 2 years. If you don’t’ know much about coding, there are plenty of places to learn online too.
3. Sell Services as a Freelancer
If you have a marketable skill that you can offer to people part-time, like writing blogs, or designing websites, then you’ll be in a great position in this new economy. There are websites available for freelancers everywhere which are perfect for giving you a new way to start making some extra money.
Although freelancing might not be one of the most scalable business ideas in the world for people who want to earn cash on the web, solopreneurs can easily build a strong business for themselves using this strategy. You’d be surprised how much you can earn money for online, including project management, answering emails, or creating graphics.
4. Start an eCommerce Site
If selling services doesn’t seem like the best way forward for you, then you can always try going the physical product route instead. There are plenty of people out there who have earned a killing finding a niche product in their market and selling it online. However, you’ll need to think about how you’re going to run your company.
For instance, some people buy the products and store them in a warehouse until their customers buy them. On the other hand, you can always consider using a dropshipping service. This means that you work with a company who ships the product directly to your customer after they purchase it, without you ever having to physically own the item that they buy. Drop-shipping is probably the cost-effective way to start an online company.
5. Start an Online Coaching Service
Finally, just like selling freelance services, you could also start earning money by selling your advice and knowledge in an area that you specialize in. You’ll need to make sure that you have a reputation as an expert before you can really start to take advantage of this option. However, if you can make a success out of coaching, then it’s a very lucrative way to start building up your income.
In some cases, you may even be able to package your knowledge into a program you can sell in the form of a webinar or online learning course. This way, you’ll be able to continue earning cash without doing a lot of extra work. All you’ll need to do is market yourself to the right customers.