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.
Once thredUp receives the bag, they’ll inspect your items before choosing which ones to list. The site says they accept less than 40% of items on average. To increase your chances of getting accepted, make sure your items are clean, name-brand, less than five years old, and are in excellent condition. Depending on the popularity of the items you send, you’ll be paid either after processing or once your items sell.
What it does: Every marketer needs to understand SEO. Ahrefs makes this job simple and straightforward. You can track keyword performance, measure your social metrics, perform backlink analysis, analyze your content, explore trending content, measure your keyword positions and do keyword research. It’s a robust all-in-one SEO tool that will put you on the path to outrank your competitors.
Podcasts are red-hot. Want to create one? All you really need is a laptop and a good microphone. And here's the other good news: Podcasts don’t need to run daily, and because they're not live, you can record multiple episodes at once. According to International Living, there are many ways to make money from a podcast, including commercial sponsorships or advertising products or services. “I can record and broadcast a podcast wherever I am in the world," says podcaster Luis Congdon. "It’s remarkably simple, and it can also be profitable. Using a lightweight and low-cost microphone and a laptop I’ve recorded from a hut in the Philippines, a co-working space in Bali and even while staying on a farm in Colombia.”
Get samples. When you first start out as a freelance writer, it can be hard to get work without any published samples. However, it is possible to get quality samples if you are willing to do some writing for free. First, you can publish content on your own blog or website. Also, you can write guest posts for someone else’s blog. Finally, you can write blog posts for free in exchange for a byline.
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Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you’re using one of the best CRMs for small business—and start building your own community!)
A social media management tool is what facilitates businesses to engage in social media across different communication channels. From social media monitoring to reporting, a social media management tool comes with features that allow you to generate leads and sales by reaching the company’s targeted audience across all social networking, microblogging, photo sharing, and video sharing platforms.
Many people fancy themselves as designers. If you have a unique idea for a new product then it may be time to get it designed. This can be a long process involving prototypes, discussions with factories, package design, and much more. However, the profits once the product is on the market could be substantial. And remember, with Amazon FBA, your products can all be stored and shipped by Amazon, giving you time to think up your next invention.
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Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. I’ve done webinars to promote my financial planning practice and to drum up interest in my online course for financial advisors. With a webinar, you’re basically offering a lot of tips and advice for free — usually in a live format. At the end though, you pitch your paid product or service with the goal of securing a few deals.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.
Beyond that, there’s no additional cost for selling 100 copies or 10,000 copies of your course, after all, it’s all digital content that’s hosted on the internet! Think about it, once you’ve recouped your initial capital from producing the course, all additional revenue generated by your course are net profits, a truly remarkable aspect of selling online courses.
Once you’ve had children, many parents find themselves caught in the trap of needing to work but wanting to stay home with their kids. Creating your own parenting blog can not only be a way to make some money, but it can also help you connect with other parents and make sense of those crazy sleepless early parenting years (it does get easier don’t worry!)
E-Commerce Portals. The best way to improve your at-home crafts business’s visibility and credibility is to launch your own website. And the best way to monetize that website is with a turnkey e-commerce portal. Shopify is a relatively cost-effective, feature-rich option for serious sellers – you can build and maintain a decent store for $15 to $20 per month. Volusion and Squarespace are worthy, comparably priced competitors.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
Satrap is not a financial advisor & MoneyPantry.com is for entertainment & educational purposes only. Material shared on this blog does not constitute financial advice nor is it offered as such. As mentioned in our Disclosure page, MoneyPantry may have a financial relationship with some of the companies mentioned on this site, including Credit Card providers, and as such it may be compensated with a referral/commission fee. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.
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