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