Generating an extra $500 to $1000 a month may seem impossible right now, but in this article we show you different online side hustle ideas that have the potential to be highly profitable. Let’s begin!
You may not see an immediate ROI or return on investment on blogging, but the good thing is it’s pretty much passive income when you start getting some traction. The sky’s pretty much the limit when you think of the income you’ll get from your blog, especially once you get a good amount of traffic from search engines and social media!
You can promote your affiliate links on your blog or your social media accounts. Just make sure you promote something that’s going to actually add value to your followers.
You can promote sponsored products via video marketing. You can do video reviews and tutorials on YouTube and monetize it with ads and affiliate links!
Social media influencer
When you’ve got a considerable following on social media, and you get pretty good engagement rates on your content, then you’re technically a social media influencer. You can easily command premium rates from brands who want to do business with you.
Social media manager
Not all businesses know what to do with their social media accounts. As a social media manager, you have the opportunity to make a significant impact on businesses. The great thing is you can have many different clients at the same time because it’s relatively easy to automate social media activity!
Sell information products
Selling eCourses and eBooks are very popular nowadays. It’s relatively easy to create content like these and it’s easier to just outsource it to freelancers who can write faster and better than you. You can even purchase content that is already created called Master Resale Rights (MRR) content to resale or Private Label Rights content that allows you to add your own name to it, make modifications to the content so that it matches your unique voice and viewpoint. These options are inexpensive and allow you to start a knowledge-based business in as little as 48 to 72 hours.
If you’re interested in freelancing online - like writing, designing, building apps and websites, etc. – check out sites like Fivver (https://www.fivver.com), Upwork (https://www.upwork.com) and Freelancer (https://www.freelancer.com). Note, however, that these are global marketplaces. There are people from all over the world competing on price and skill. If you want to set yourself apart from the competition and you’re extremely confident in your skills, don’t be afraid to bid rates you know you deserve!
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