Working from home may become the “new normal” in the coming years, whether you are a university student, a full-time mother caring for children, a 9-5 worker, or a retired senior citizen.
The economic downturn, the epidemic affecting income, work without a goal, returning to work without a sense of satisfaction, all of the above reasons make many people hope for an extra income, and the past year of working at home has undoubtedly created an ideal environment, with more people actively developing their own side business, and even becoming a Slasher.
Highly popular websites, Facebook pages and IG accounts can attract and gather a large number of readers and followers, and I believe we all follow many of these pages and accounts on our social media platforms every day. The current pulse of events. By running your own social platform page or personal website or blog, you can continuously share your unique experience, insights and information in your familiar field, and naturally you will gradually become a Key Opinion Leader (KOL) in your field. On the other hand, as you work deeper in the field, you will also have the opportunity to get in touch with related brands and collaboration opportunities, and make more friends or Fans in the same field or with the same interests, further building up a quality network and contacts, which will be an important foundation for you to continue to generate more income through networking in the future.
Whether you are writing a Blog or running a Facebook page, it can be said to be a zero-cost way to make extra money from the comfort of your home. If you are a bit more demanding and want to set up a website to run your own personal brand, in fact, it only costs $70 ~ $90 per month to rent a server, and you can make them your online earning tool.
Here’s a tip for those of you who want to run a website. Even if you don’t have much time to spare, once you decide to start your business, you may want to write a post every week and share it. After a few months, as your website, blog or page gradually attracts traffic and followers, you will naturally start to receive collaborations, which means you can start earning extra income from these sites!
Ways to increase revenue from personal websites and social media pages.
- Brand partnerships or sponsored sharing posts
- Website placement in Google Adsense ads
- Affiliate Marketing
- Customer base remarketing
2. Be a Youtuber, Live Streamer
If you are not good at writing articles, you can also consider running a YouTube channel to produce a series of videos on your favorite topics, and become an influential YouTuber as the channel attracts more and more viewers and subscribers, whether it’s advertising revenue from increased video views or brand partnership opportunities from increased subscribers. These become additional passive income.
The goal is to attract enough internet and visitor traffic, or enough viewers, to earn money in the same way you would if you were to create a YouTube video. Doing a good job of these things will add more points to your hard-working video.
If you don’t have an idea of what type of video to make, try to make a video teaching, share your knowledge to the internet and everyone else. The number of viewers and revenue can be higher.
In addition, live streaming is also a very popular way to earn money online. You can use YouTube, Twitch and other platforms to live-stream your life, games and even online shopping, all of which can generate a significant amount of income for the live streamer.
3. Online auction
If you only have a small business, selling parts or raw materials that can be wholesaled in large quantities, you may want to consider putting them on the auction platform, which may be more cost effective than running an online store. If you can’t think of anything you can use to run your business, why not start with the items you don’t use at home?
4. Open an online store in a large e-commerce platform
With the rise of local online shopping platforms, more and more people are getting used to using online shopping to buy daily necessities, which is becoming more and more popular and promising.
The advantages of setting up an online store on these large platforms such as amazon and ebay are obvious, the first advantage is the high visibility, high browsing volume, consumers are more likely to see the products of these e-commerce platforms when searching for goods in Google, and even provide delivery integration services; the disadvantage is of course the high platform share, there may be a lot of similar goods on the platform, easy to generate price competition, lowering profits.
There is another important point that must be mentioned, in the era of big data, online consumer behavior and patterns are very valuable data, but the use of these large e-commerce platform is equivalent to give away these data, they will not necessarily share these data with you or for you to access, which in effect limits your analysis of customer information, and has a lot of impact on your development of strategies to improve sales and effectiveness.
5. Set up a website, web design
As mentioned above, you can cash in on visitor traffic or followers by operating your own website and social media. Sophia will also provide a series of tutorials to help you learn how to set up and design a website from scratch. In addition to enhancing your personal branding independence, you can also master the skills of website creation and design, and make it one of the ways to earn extra income. Income, and these skills Sophia will be talked about one by one.
6. set up their own online store
The above mentioned some of the advantages and disadvantages of entering a large e-commerce platform to open an online store, then there is no way to get rid of these restrictions? Yes, that is to set up your own personal brand or company’s e-commerce website, their own online store!
For example, having a dedicated domain name and complete management rights for your store will help you to build your brand awareness and also enable you to have a more accurate grasp of the consumer list and information, so that you can better analyze and formulate market and development strategies. In this website, we also provide detailed instruction on website and online store setup to help readers build their own brands and businesses.
On the other hand, a self-owned online store can reduce the reliance on third-party e-commerce platforms, and the publicity, marketing strategies and online store enhancements are 100% fed back to your own online store and brand, so that you will not be a dowry for others.
As for the practical side, if you want to set up your own online store, you can consider using many of the current developed one-stop e-commerce platform set-up services, such as Shopify.
Of course, in addition to the above-mentioned monthly subscription form of online store set-up services, there are more advanced and cost-saving ways to open an online store. It is the WordPress setup method that we have been mentioning, and it can do the same with the WooCommerce suite, even with higher freedom and customization, and the related settings and teaching are not difficult to master.
Finally, we will explain the 3 common business models of online stores, which can be generally classified as:
- Homemade goods – such as homemade or family-owned small workshops to make jams, pastries, chocolates and other food products, jewelry, aromatherapy, silver bags and other handicrafts, mostly in small batches or customers first order in the production of the way.
- Wholesale sales – buy wholesale from manufacturers and put them in the warehouse, and then sell them in the network. It is the most traditional and common business
It is the most traditional and common mode of store operation, with large capital turnover and inventory pressure. - Dropshipping – Simply put, it can be interpreted as a drop-shipping model, where you notify the supplier to ship the goods to the buyer after the customer has placed the order and paid for them.
8. Translation
If you have studied translation or are fluent in multiple languages, you can earn extra income by working part-time or taking on translation projects. There are many types of translation, such as translation of website content, translation of business and legal documents, translation of literary works and translation of newspaper and magazine reports, etc., depending on your interest. Translation work is usually charged in two ways, on a per project basis and on a per word basis, and Spanish, Mandarin, and German translations are more popular in the Unitied States.
9. Foreign Language Instructor
If you think you are proficient in a foreign language and have obtained a recognised qualification in the relevant language, then becoming a part-time foreign language tutor can be very rewarding. Foreign language tutors are similar to tutors in that they can also work from home or teach students online through different tutor platforms, but you can also choose to teach in the traditional way by having students come to your home or teach at your home.
Instructor income varies slightly depending on the language being taught, and generally speaking, courses in languages that fewer people are proficient in usually cost a little more.
10. Use your professional skills
Join the Fiverr platform for professionals and become an expert. You will have the expertise to help solve all kinds of difficult service needs, and you will be the one to decide the service quotation. Fiverr is a great way to make extra money doing things you’re good at, and it’s a great way to test out new skills.
11. Provide ride-sharing services
Join platforms such as Uber and become a driver partner to provide chauffeur services for passengers on the way, and earn extra income by providing fast and convenient delivery services for individuals and companies.
12. Be a part-time delivery boy
Use your free time to earn extra income as a delivery driver for shared delivery services such as Seamless, GrubHub or Uber Eats. This is a great way to earn some extra money on the side, as long as you are able to commit to long hours and reliable service.
13. Pet Caregiver
If you like cats and dogs and other small animals, have you ever thought of becoming a pet caregiver? Many pet owners may be busy with work or temporary business trips and travel, they need loving and animal-loving pet caregivers to take care of their pets, such as taking dogs for a walk or taking care of temporary pets at home. If you are interested in this, you can become one of the caregivers through pawshake platform and be matched with related jobs. 14.
14. Be a courier
If you don’t want to deliver, you can also choose to become a Pickup Courier, even if it’s a commute to work or to a meeting place with friends, you have the opportunity to earn an extra income along the way.
15. Tap into your first Cryptocurrency
Cryptocurrencies have been on an incredible rise lately, and you’re actually on board with the craze. Use NiceHash, Unmineable and other software to mine your spare computer at home or in your spare time.
16. Freelance Writer
In the age of new media and self-media, where content is king, there is an endless demand for people who can write articles and articles, and as a freelance writer, you are no longer limited to traditional media. You can do all sorts of things.
17. Digital Service Consultant
Many companies, due to shortage of manpower or lack of suitable skills, often choose to outsource the work that requires professional skills, such as CRM customer relationship management, SEO search engine optimization, precise placement of Google and Facebook ads, etc. are very much in demand. If you have these skills, consider becoming a digital services consultant to provide your expertise and advice to these companies on a part-time or Freelance basis.
18. babysitting
If you are a child king and love children, have you ever thought of becoming a part-time nanny? Many families with children may not have enough energy to take care of their children due to busy work schedules. If you are interested in this, you can become a part-time nanny through the Nanny&me platform and be matched with related jobs. Finally, some of the platforms that can receive Freelance projects are Fiverr and Upwork.