Whether you wish to create an extra income stream or you are simply looking to replace your 9-to-5 job, there are several different ways you can make money online.

In this article, we’ll go over 3 easy ways you could start making money online from the comfort of your home.

1.) Build An Online Store With No Inventory

Online shopping has become a trend almost all over the world.

Did you know there are over 2.14 billion online shoppers in 2020?

By 2023, eCommerce sales are predicted to reach $6.5 trillion, according to Statista,

So, how do we get started making money with no actual inventory of our own? this e-commerce business model is called dropshipping.

The dropshipping process works like this:

• You have a product that you buy from a supplier for in this example $100.
• You take that product and place it on an online store you built for $200
• A customer buys the product from you.
• You place the order from the supplier for $100 letting them know you’re dropshipping.
• You Keep the $100 profit, do that 10 times that’s $1000.

Below is a figure to visually explain to you:

Sounds pretty straight forward right? Well, it is, and luckily it gets even better, thanks to world-class technology that automates the manual labor we would encounter.

Every step of the dropshipping process is actually automated with a simple Shopify and Oberlo integration.

Below is a list of what you need to get started

• A never give up mindset
• Google chrome browser
• An online store on Shopify ( no coding experience required ) – CLICK HERE to start a 14-day free trial.
• Oberlo, you can install Oberlo from the Shopify app store after you have signed up for a free trial..
• Oberlo Chrome extension on the google chrome app store.
• A Facebook Ad account – follow this guide to set up your Facebook ad account.
• eComhunt – winning product finder.

Here is a video that will guide you on setting up a dropshipping store:

2.) Start A Niche Blog

Is there a certain thing that you love and are truly passionate about? Or, something that really intrigues your interest and you’d like to write about it?

Well, did you also know you could monetize your blog with relevant affiliate partnerships and grow your income stream while writing about what you love?

Yep, we’ll this is all possible and it’s quite easy to start, all you need to do the following:

• Buy a name for your blog here at Bluehost
• Sign up for WpEngine for easy to set up WordPress hosting
• Watch this guided video to set everything up and start writing.
• Sign up for affiliate networks like Shareasale and start promoting niche related products/services.

We also recommend our SEO guide, the SEO principles and strategies in our SEO starter guide for online stores can be applied to any online business.

3.) Print-On-Demand Business

Starting a Print-on-demand business is another great way to make a good side income that could potentially turn into a big brand that generates thousands potentially millions of dollars every month.

Starting a print on demand business is pretty easy, you are practically starting an online store with merchandise that you design but do not hold inventory, the shirt is printed as soon as the order comes in and sent out to your customer.

The print-on-demand company will charge you in this example, $12 for a shirt, and you will sell it on your store with your design for $30, when a make a purchase you automatically pocket $18.

Pretty cool right? and also, you are not only limited to shirts, there is a huge catalog of items that you could sell with your design on.

Below are the 9 steps you can take to start this type of business:

1. Think of a niche or topic that you love.
2. Go to Pinterest, and search for your topic/niche to get some inspirations
3. Create a free Canva account to create your designs, you can also hire someone to bring your designs to life at Fiverr
4. Pick a provider and sign up, we recommend that you use either Printify or Printful
5. Start a 14-day free trial with Shopify to build out your store by clicking here ( no coding experience required )
6. Follow these 6 steps to set up your Shopify store
7. If you chose Printful, follow this guide to integrate Printful with Shopify
8. If you chose Printify, follow this guide to integrate Printify with Shopify
9. Share your design on social media and tell influencers on TikTok, Instagram, and other social networks to promote your store and get some sales funneling in!

We hope you enjoyed this quick guide on different online businesses you can start from the comfort of your home. If you have a friend or family member that may benefit from this guide, do share this guide with them.