There are ways of making money online today. E-commerce is one of the most prominent online businesses today with more and more people learning how to make money selling products online. Statista, the statistical portal reports that in 2017, about 1.66 billion people worldwide purchase goods online. During the same year, global e-retail sales amounted to a staggering $2.3 trillion U.S. dollars. Projections show a steady growth of up to $4.48 trillion by 2021.
If you have some business flair, there’s no need to go out of the house to do some selling. First, learn how business is conducted at Amazon, eBay or other eCommerce sites. Then, find the products you think can be sold fast in the global market. A PC or laptop is all you need at home, excellent products for sale, and an internet connection. You only need to invest time and some effort in this business.
You can advertise a merchant’s product online. This method is called affiliate marketing. Or you can use social media to advertise the product to earn a higher commission. This commission is known as a “passive income” since as an affiliate marketer you would not know right away how many have bought the merchant’s product as a result of your marketing efforts.
You can build websites for others if you have a flair for graphic and web design, and charge them for a fee, using the platforms of favorite building sites like WordPress.com, SiteBuilder.com, Wix, BoldGrid, Weebly, Shopify, Squarespace, and iPage Website Builder. If you have an exceptional creative imagination, you can be a success.
If you have a flair for writing you can go into the writing and service-based business at home. You can offer a writing service for individuals and companies, or write, edit and publish e-books for clients. You can provide your services for virtual support, a one-person call center. All you need is a PC or laptop at home plus a Wi-Fi and telephone connection.
Or just invest a small amount of $15, create your blog site, and later buy a domain, create your blogs, or let your friends contribute stories and then sell advertising space. Along with affiliate income, you can have a regular income from the commercial operation of a blogsite.
If you have some experience working in a bank or a finance company, you learn the skills of a financial planner and become a financial aid planner to help parents plan their kids’ college education and save money.
Another online business activity that is becoming popular in the United States and even in some developed countries is called the consignment shop. Connect with suppliers of recycled clothes and other favorite items for sale and become a consignment shop owner. Pay only for those items that are sold and divide the profits 50/50 with the supplier. Choose products that have value among consumers like wellness products, leather goods, and small electronic items.
You can also go into the gardening business by establishing a backyard herb farm outside your home that can be profitable. As a fast-growing industry, you can plant herbal teas in your backyard, or culinary herbs, medicinal herbs, even marijuana if it is legal in your state. Selling these herbs online can bring you unlimited income every year.