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Do you need business ideas as a side hustle? Starting a side hustle could potentially grow into a massive business that leads to financial freedom. There are more ways to start a side hustle now than ever before, and we are bringing you the most popular ones that have worked for others.
If you have the time, commitment, and desire to start a side hustle, then we have got you covered with these 5 business ideas. Some require no prior skills or specialized education, which means anyone with spare time can make extra money.
Amazon FBA – Sell Products as a Third Party Seller
Amazon allows everyday people to register a Seller Central account and sell products on their platform. In fact, third-party sellers account for the majority of Amazon sales, so it’s a massive business model. Furthermore, Amazon offers a service called FBA (Fulfilled by Amazon), which handles the shipping, picking and product packing. Your role is to send the products to an Amazon warehouse, create an amazing listing, and they will take it from there.
How do you become successful as an Amazon seller? It’s a long journey, and picking the right products to sell is part of the puzzle. You need to enter niches with high demand but low competition. Product research tools like Helium 10 and Jungle Scout can help you figure out the sales and keyword search data to find a great niche.
Furthermore, we recommend you invest in a reputable Amazon FBA course or mentor to show you the ropes. There is a lot to learn, from finding the right products to optimizing the listing on Amazon. It’s estimated that on Amazon sales will reach $746.22 billion in 2023, which means the platform continues to be a great place for generating sales.
Dropshipping – Sell Products Without Ever Touching Them
Dropshipping is a simple business model, which involves buying products from a supplier and selling them on an e-commerce platform or your own store. We recommend platforms such as Shopify, which provide more control over your customers compared with selling on Amazon.
Regular folk such as a bank employee have used dropshipping to make over $100,000 per year. The individual dabbled in other ventures like affiliate marketing before finding an informative course on dropshipping.
However, the business model has a low success rate because many sellers don’t do the extra work required to stand out in a crowded marketplace. Building a brand goes a long way toward driving extra sales – even if you’re sourcing and selling products at the same price as competitors.
Finally, finding reliable and trustworthy suppliers to deliver products to your customers as promised is important. Consider placing a test order to determine the packaging quality and delivery speed.
Sell handcrafted products – Etsy is a Great Place to Start
Do you have a hobby such as knitting clothes or painting the nature you see in the backyard? You can sell these unique handcrafted products on websites like Etsy. It’s a marketplace that specializes in handcrafted products and over 80 million people have downloaded the Etsy app, so it’s a popular website with excellent traffic.
To succeed on Etsy you must have excellent product photos that convey the quality and use case. Lifestyle photos are a big hit on the platform, which means you need to show people using your products in the images.
Also, people want to know who the person is behind the handcrafted goods. Provide a passionate story about the brand such as how the hobby started, how long it’s taken to perfect your craft and your thought processes for coming up with the designs.
Finally, research the marketplace and find gaps that you can fill. For example, if you’re an expert glove and hat knitter, look for ones you might want to buy but are not available on Etsy. This could be a theme based around Christmas or various animals – any design that isn’t selling on Etsy is a good starting place.
Teaching an Online Course – Spread Your Knowledge and Make Money
Do you have a skill or degree in a subject you can pass on to others? Then take advantage of the multiple teaching platforms to make money while sharing something you already know. Fortunately, many platforms exist that facilitate the teaching process and will help you find new students. Some of the top ones include Udemy, Skillshare, Teachable, and Thinkific.
You can teach just a few hours per week as a side hustle, or grow it into a full-time business as you acquire more customers and a bigger reputation. 75% of US undergraduates were enrolled in at least one e-learning course, so it’s an education format familiar to most students.
However, give some thought to how you will run the classes. Include visual aids and break information down into digestible chunks to ensure your classes provide value and are easy to follow.
Freelancing – Get Paid For In-Demand Skills
Websites like Jooble and Upwork allow anyone to make money on the side from a large list of clients. These freelancing platforms allow all freelancer types to participate, including writers, programmers, video editors, virtual assistants and much more.
You can start by creating a profile and sending proposals on job offers created by clients. It can take a while to receive a response because other freelancers are competing for the same job. However, with perseverance you’ll get a gig that potentially forges a long-term relationship with the client.
Around 47% of workers worldwide are freelancers, so it’s an employment format that is popular, and there is a lot of potential for the average person to make it a successful side hustle.
You can apply for Freelance writer no experience jobs in Remote by visiting this link.
Final Thoughts
The business ideas in this article are just a few ways to earn extra money. Most of these side hustles allow you to earn money at your own pace and for hours of your choosing. Therefore, they are perfect for stay-at-home parents or earning extra money alongside your main job.
Has one of these business ideas as a side hustle got you interested? Then take the plunge and get started to bring the idea into reality.
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