Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. And by far, the best webinar platform out there is certainly GoToWebinar. Hands down, there isn't even another platform that comes close.
While this takes a significant amount of money up front, it can be very profitable for relatively little work. Purchasing a website can be done on several different online marketplaces, allowing you to tweak the site to your liking in order to increase revenue or traffic. Re-selling the same website for more than your original buying price (plus the standard 10% marketplace commission) gives you a chance to make money both on the sale, and on any ad revenue the website brings in while it is in your possession.
Having so many options will help any passive income newbie maximize sales, but it’s Merch by Amazon that nets sellers the big bucks. It’s prestigious not only because it’s affiliated with a trillion-dollar company but also because it attracts so much traffic. According to Statista, Amazon.com got 2.6 billion visits worldwide in July 2018 alone. And because it’s so lofty, it takes a lot of elbow grease to become successful on Amazon.
Consider your expertise. If you take the time to reflect on your experiences, you will realize that you have more knowledge about which to write than you might think. Begin by listing three assets that define you, such as your profession, a special hobby or a personality trait. Next, list three things that inspire you, such as religion, education or charity. Finally, list three of your dreams, such as getting married, traveling or spending more time with your children. These three lists should give you many ideas of topics about which you can write.
Like talking to people and helping walk them through problems? You can bring in extra income as a contract customer support superstar for companies all over the world. Due to the 24/7 nature of online businesses, companies are looking for people in different time zones to help deal with issues that their users are having. Better yet, if you have experience in service or retail you’ll be perfectly suited. Check out indeed or the other remote job boards I listed earlier to find opportunities.
Alibaba is a Chinese eCommerce store that matches Chinese suppliers with buyers all over the world. Prices are extremely cheap, providing the possibility of large profits. However, with the potential profits comes more risk. As you are dealing with suppliers in China, if the quality of the product that arrives isn’t up to standard there is little that you can do about it.
When money is tight, using coupons can help save you a few bucks. However, with Coupon Chief it can also help you make money online. They offer a Pays to Share program where you’ll receive 2% of sales from the coupons you share on their platform. You’ll need to add coupons that haven’t already been shared. In return, you’ll make a 2% commission. The company has already paid out over $1.4 million in commissions.
Take good pictures. Some of the options below don’t require you to actually take the picture and sell the product, but for the ones that do, make sure you take a clear picture that makes your product stand out from the others. If you’re going to be taking a lot of pictures, set up a small “studio-like” area in your home with a backdrop and proper lighting to really make your pictures come across as professional. And of course, you’ll want a good camera too.
Be professional. When you submit a résumé, don’t type it in ALL CAPS and please don’t avoid the caps lock like the plague. Know how to use it without looking incompetent. Write in complete sentences with proper grammar. Of course, there will be exceptions, but even with the exceptions, you must keep it professional. You’re building their view of you.
If you are a professional photographer or have a real flair for photography, then selling your images on other sites could be an idea. This could be done alongside your own photography site, as it is a good way to help get your work viewed by a wider audience. There are numerous stock image websites to contribute to, but choosing a popular high-end site like Shutterstock should ensure your photographs make you some money.
That’s long been the case for online entrepreneurs. Everyone has a Facebook friend or two entrenched in “network marketing” like LuLaRoe and Beachbody. Instagram is packed with sponsored content, a.k.a. #sponcon, and there are dozens of apps that pay people to take surveys. Ask anyone in that world, and they will surely tell you how hard it is to survive.
Write pitches. If you have located a client for whom you want to write, send pitches, which are topic ideas for articles. Write pitches that not only show your expertise, but also demonstrate your enthusiasm for the topic. First, read the publication to which you are sending pitches to familiarize yourself with what they publish. If applicable, identify a specific section and send our pitch to the appropriate editor. Also, include a brief summary of who you are.
Print on demand (or simply “merch”), where passive income thrives, took about two decades to get off the ground. CafePress, an online gift shop that calls itself “the recognized pioneer of customizable products,” launched back in 1999, followed by Zazzle in 2005 and Redbubble in 2006. By 2007 the trend had caught on widely enough that the Washington Post referred to custom T-shirts as a “growing market” and CNET published a listicle of “20 rad T-shirt sites.” Society6 started in 2009, then Teespring in 2012, and Merch by Amazon in 2015.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
YouTube has launched the career of many a musician, including Justin Bieber, the teen pop sensation who earned $108 million in the past two years. But have you heard of Karmin, the pop duo who signed a million dollar record deal after their Chris Brown “Look At Me Now” cover went viral? The duo, real-life couple Amy Heidemann and Nick Noonan, hit it big when the video gained over 68 million views after its upload in April 2011, propelling Karmin to a million dollar deal with label heavyweight Epic Records just a month later. "Brokenhearted," the lead single from their debut album, has now gone platinum.
You do not have to be a singer to become a YouTube star. If you are lucky, you could shoot a video of your child, pet, or a double rainbow that strikes a chord and goes viral. YouTube might then get in touch asking you to become a partner, meaning the site will run ads along with your clip and share over 50% of the revenue with you. The father of "David After Dentist" has made more than $100,000 from YouTube ads alone. As well as advertising, viral video celebrities can diversify into TV appearances, merchandise and even iPhone apps, as the creator of "Charlie Bit My Finger" has done.
VIPKID provides an international learning experience to children in China between the ages 4-12. Headquartered in Beijing, the company offers fully immersive one-on-one English language instruction provided online by highly qualified teachers. The curriculum is based on the U.S. Common Core State Standards and uses a flipped-classroom approach to foster creativity and critical thinking skills.