Do you feel overawed by the number of home based business ideas out there? We know that it can be tough to choose from all of these options, but we’re here to help. In this blog post, we’ll share 11 proven ways for you to make money from home with your own home business!
Let’s get started!
1. Voice Over Talent
With the technology innovation, we can now effectively use our voice to introduce information. Use it draw attention through audio clips and podcasts or simply create an audiobook for freelancers who work from home and do not spend that much time on the internet.
This is a niche market and can be very profitable in the right hands. Big online names like Amazon, Google, and Microsoft are only a few who use voice-over talent for their advertisements and videos.
You could, however, focus on creating content for your own websites or YouTube channels. In this case you will be able to keep all the profits since you will own the rights.
To start this online business, you must have….
- good microphone
- recording equipment
- skills or basic knowledge of creating an audio script, setting up recordings, and editing them for clarity and efficiency.
- Remember that it is not only your voice but also your acting which could win you, clients.
This is an upfront home-based business that requires minimum effort and capital. You can sell your digital or paperbacks on Amazon Kindle. You could even create your own website to run your e-book business.
There are many excellent books on the internet today to compete with. If you want to make it big in this industry, you must ensure that what you publish is relevant and of high quality.
To sell e-books, you don’t need any special skills, but if you have a flair for writing, it could be an excellent source of income. Visit online bookstores to see what books are most demanded.
Then create a product that will satisfy that need or a new genre in which people may not have ventured yet.
To sell e-books, you will need a PayPal account to receive payments, a website or blog you can host on a hosting company, and a good marketing strategy to get your book in the right hands. You can also use social media sites like Facebook and Twitter to promote your work.
3. Online Course
There are various online courses and training programs available today. Some are free, but the quality is not as good as those that come at a cost.
With this home-based business, you set up your own training academy, which will help students learn various skills like playing an instrument, cooking, or improving their manners.
Most of these online course providers require that you promote your work through affiliate marketing. You would need to set up a website or blog, write high-quality articles, and promote your services. Once you build a strong following of regular clients, this could be an excellent source of income.
4. Web Designing
Using the power of websites, social media sites, and blogs, one can quickly turn these platforms into money-making machines. Many people earn an online income promoting products they know about on these platforms or offering services like web designing to help others build professional-looking websites.
You can also be a freelancer and work for clients with their own websites. Apply your expert knowledge in SEO or social media marketing to ensure that you build up their online presence. This online business will require a good understanding of HTML, CSS, and other coding languages and excellent designing skills.
5. Social Media Marketing
This is one of the emerging businesses on this list because it can be done from home or anywhere with an active internet connection. All you need to do is use your social media accounts like Facebook, Twitter, Instagram, etc., to promote other people’s products and services for a commission.
This business can be very profitable. Since it involves promotion, you will need a marketing strategy that works best on the social media platform you have chosen as your niche market.
Social media marketing can quickly go viral so pick wisely. Learning from those who have succeeded before.
Bloggers are online media personalities who write about their interests, life experiences, and the problems they face in their lives. They use platforms like WordPress, Tumblr, etc., to share their knowledge with other people while earning a living at the same time. The more you write, the more views your blog gets, which means you get more money.
You can also use affiliate marketing on your blog. Make it a source of income while giving your readers quality advice on the products or services you are promoting.
You will need to get hold of an attractive domain name for your blog. Learn content publishing and build a loyal following of readers before you can start making any significant amount of money.
7. E-commerce Store
If you have used the internet to buy or sell any products online, you will know that various sites provide this service, which gives people the option of setting up their own stores. An eCommerce business idea requires very little investment. It can be done even using your mobile phone to create an online store.
While this is an easy way to make money, you will need a lot of traffic to your website. You can get traffic by building a solid following on social media. Write engaging content that will attract people to your e-commerce store.
8. Dropshipping Store
This is a business model where you use the services of online marketplaces like eBay, Amazon, etc., to sell products without keeping them in stock. You simply find the best quality products on these sites. Buy them at wholesale rates.
Then sell them at a premium to your customers without having to worry about shipping or storage costs since you are not handling the goods directly.
This is one of the easiest ways for anyone without any technical knowledge to make money online. You don’t have to worry about product ordering, delivery, or customer service.
All the hard work is done by companies like eBay, Amazon, and Storenvy. They do all the packaging, shipping, etc.
Dropshipping stores will require a lot of marketing using social media sites to build a loyal customer base who will trust you enough to buy from you. You can also create affiliate relationships with other e-commerce sites and bloggers whose products fit in your niche market so that they promote your store for a commission.
9. Affiliate Marketing
This is the business of promoting and selling other people’s products and getting paid commissions for doing so. You can join affiliate lineups like Amazon Associates to sell products and get a cut of the profits.
This kind of marketing is trendy online because it requires little investment. It has low barriers.
Anyone can do it without any knowledge of coding or web development. You need to create an attractive website that convinces people to buy products or services offered by the company you are promoting.
A dropshipping store is an e-commerce business where you do not have to worry about inventory, product packaging, or shipping since all these services are handled by other companies that specialize in dropshipping. You only need to place orders with the companies operating the shipping once you have received orders from your customers. You can sell products at a premium on these sites since they take care of all the logistics.
Other websites offer dropshipping services but charge a fee for doing so, which makes it an expensive option compared to setting up your own store using platforms like Storenvy and eBay.
11. Sell Your Own Photos Online
Want to get paid for taking pictures? Set up a website that will showcase your work and sell them to stock photo sites like Shutterstock, iStock, etc. The more appealing and unique your photos are, the more money you will make from them.
Of course, this is not a get-rich-quick scheme, and you will need to put in some effort in the beginning before your work starts getting noticed. However, once you start creating a following online, it can become easier to move up the ranks of these sites, which usually require you to sell particular numbers of photos every month.
Also, you can opt to sign up as a contributor at websites like Foodie’s Feed and Rev Thumbs, which pay you for your content monthly.