Self-motivated eBay users who want a flexible schedule can launch an eBay store. This business requires knowledge of what sells, how to price things, and how to market listings. Fun and profitable, it can be built around your hobbies and experience.
Only the seller’s time and scope limit growth. Success comes from specializing in offering popular things you love. With inexpensive starting and maintenance costs, your income potential is nearly limitless.
Build and monetize a website
Starting a website in 2023 is easier than ever if you know how to monetize it.
Remember that starting a website doesn’t guarantee revenue. Consistently develop material that teaches, informs, or entertains. It must intrigue them.
The website must also sell something—ad space, digital products, sponsored articles, coaching, ebooks, etc.
Blogging can be lucrative (some bloggers make $50,000 per month) if you put in the work and stick with it.
Start Affiliate Marketing
Affiliate marketing: Promoting a product for a commission is affiliate marketing.
Most affiliate marketers use two methods:
- Info products
- Promote ebooks, membership sites, video series, etc. Affiliate marketing with low barriers to entry can make you up to 50% commission, and it is easy to identify products to promote.
- Amazon partners
- Amazon affiliates do well. Millions of products are available, making it profitable. Visit Amazon Associates Program for details.
Note: Before starting affiliate marketing, you need to know some SEO and copywriting (more on later).
E-Commerce Website
E-commerce is a great way to make money online. The upside is that the greatest affiliate marketers specialize in romance, weight loss, and generating money online. Competing with the greatest is hard.
In many countries, e-commerce competitors are old-school business people who may or may need to gain online marketing skills. You can take advantage of their outdated, glitchy websites by improving them.
Still hard. It takes hard work and standing out among hundreds of thousands of e-commerce websites and online retailers. But filling a niche and using the correct marketing can make your e-commerce shop profitable.
E-commerce store startup tips:
- Locate profitable markets. Brainstorm, investigate keywords, and be specific. Surfboard sales may be competitive. If you focus on surfboard racks, you may stand out in the market.
- Is it expensive? Manufacturing, distribution, resale, etc., cost money. If your product costs less than $50, you may make no profit when you sell it.
- Is the product in a growth market? Don’t get involved if your market is declining, like the VCR market. Instead, choose an up-and-coming industry for maximum profit and growth.
- Consider Shopify. E-commerce platform Shopify. With some web expertise, you can install a good-looking store quickly, cheaply, and without scripting. Shopify offers a 30-day free trial.
Self-Publish a Book on Amazon
Amazon book publishing have you considered creating a book but needed to know how? Editing, formatting, marketing, etc.?
Amazon makes self-publishing books easy and profitable. You can write your book and make money with simple and inexpensive methods.
Secret ingredient: Amazon will promote your book if you sell several hundred copies in the first week. Thus, you can profit. We’ll explain afterward.
Book authoring tips:
- Validate the book by surveying friends, email lists, and PickFu. Before creating the book, validate your idea to increase the odds of people buying it and avoid wasting time.
- Try to follow an outline.
- Write 30–60 minutes daily.
- Amazon-format the book.
- After writing and formatting, visit KDP.amazon.com. Log into Amazon and pick “Kindle eBook” under “Create a New Title.”
If you have no audience, self-publish on Amazon first. That way, you can validate your course idea, grow your email list (make sure to have an email opt-in at the front and back of the book), and roughly draft the course (since it will probably be similar to the book).
Become a YouTuber
Videos are growing. Videos will rise on Instagram, Snapchat, and Facebook Live. If you’ve always wanted to direct, now’s your chance.
Start a vlog and sell products or develop a YouTube channel to attract visitors to your website in 2023.
YouTube videos can help you gain paid speaking gigs and improve your storytelling.
If you have a smartphone with a good camera lens, you can start filming your first video immediately!
Start App Development
Mobile apps are growing every year. This may work if you have a cool, useful, or enjoyable phone or tablet app idea.
Coding is helpful but optional. Many app developers are looking for partners.
The app industry is saturated, therefore, validate your app and do your homework before investing a lot of money.
Facebook Advertising
Facebook grows. Businesses spend more on Facebook ads. However, many old-school firms need help understanding Facebook ads. Even newer organizations need more time to understand how to maximize Facebook’s marketing ROI.
Thus, they need Facebook ad experts to help. This is easy to learn. You can then offer to help businesses generate profitable Facebook ads.
Learn and Master SEO
Web optimization SEO (Search Engine Optimization) helps websites rank higher in Google for particular “search terms.” Higher rankings bring more relevant traffic and money.
Another valuable internet marketing talent. Google’s algorithm changes make it difficult. Search rules change. Always learn and try new tactics.
Companies will always pay SEO experts.
Copywriting
Copywriting involves using words to persuade people to act. Sales pages, email marketing, and great blog content are examples.
Copywriting can be a lucrative online career for writers.
It’s fantastic for personal independence. Copywriting lets you work remotely and schedule yourself. Building a blog, affiliate marketing, and more is easier when writing well.
