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 great camera for taking Instagram photos, 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.
There are loads of resources for making money online as an affiliate. You could source products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies have their own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
However, if you're looking for realistic ways you can start earning money online now, then it really truly does boil down to seven paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
If you have an interest in antiques or collectibles, become a seller on eBay, Etsy, or niche communities. Build a home-based business around collectibles you love. You probably already collect such items, so you know where to find more products to sell. You also know the market prices to charge. Open an online store to showcase your products to a larger audience.
Enjoy freelance writing? Your skill may lead to a home-based business as a professional blogger. It helps if you can make posts look attractive through photography and graphic design. You make money by blogging for corporate clients who pay for your services. Or run Google AdSense ads, or insert affiliate marketing links to get paid whenever someone buys through your link.
What It Is: Transcription essentially involves you listening to audio files and typing out what you hear. Easy enough, right? Companies usually hire transcriptionists without much experience, so some job postings might only require you to have a computer and keyboard to get started. Transcription jobs can vary from transcribing a college lecture to a doctor's medical dictation, while most companies allow you to make your own schedule.
Owning a business can be a good path to working from home. For an initial investment, franchises offer an established business with brand awareness, a business model, a territory and maybe even access to capital. There are franchise opportunities in mailing and shipping, cosmetics, travel, marketing, employment and staffing, retail and many more industries.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable? What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Franchises can cost a lot of money, but there are opportunities for less than $50,000, says Jania Bailey, CEO of FranNet, a franchise marketplace. “You might be able to get financing from the (Small Business Administration) or the lenders the brand works with. It’s a little more affordable than people think. If it takes $100,000, you might need $20,000.”
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.