Amazon: Many people don’t realize that Amazon is a haven for third party sellers, including regular Joes and Janes cleaning out their attics and garages. If you plan to sell more than 40 items per month on Amazon, consider registering as a professional seller. You’ll need to pay a $39.99 monthly subscription fee, a referral fee that usually ranges from 6% to 20%, and a $1.35-per-item closing fee for media items. You won’t pay the $0.99-per-item selling fee, however. Alternatively, register as an individual seller. The fee schedule is the same as for professionals, except you do have to pay the selling fee and don’t have to pay the subscription fee.
The truth is, it takes smarts AND heart. And I’ve got both by the bucket load. I’m the mentor you’ve been praying for. I’m not kidding about that, I’ve lost count of the number of clients who have told me that they prayed for the best mentor to help them make their online business dream reality, and the next thing they knew, like a genie from a magic lamp, I showed up in their world. I know it’s no coincidence that our paths have crossed at this moment in time.
Getaround is the sharing economy's answer to rental agencies. The company allows you to rent out your car on an hourly or daily basis, starting at $5 an hour. Depending on your vehicle's market value, you set the price per hour, and Getaround takes a 40% cut to cover 24/7 roadside assistance and driver insurance. According to the Getaround, earning potential for renting your car when you're not using it is up to $1,000 a year.
A side hustle takes time out of your day, daily, so ensure everything is going right. It is not possible to set up your website, schedule your content, and forget about everything until next month. Set aside time in your calendar regularly for your side hustle and outline actionable goals for this time so you know what you are doing is valuable. If you have a day job, aim to give three to four evenings a week and perhaps some hours at the weekend to your side hustle, depending on what it is.
Try selling ad space to advertisers who are interested in your target market. A site that sells rain gear, for example, might be interested in advertising to gardeners since they spend a lot of time outside. Another option would be to create a joint venture with other businesses. Maybe you know a great local landscaper who has never considered offering his service online. You could set up an arrangement where you earn a portion of the profits on any sales you send his way. Then, write a quick e-mail promotion about his service and send it to all of your customers who live in his area.
Ratings. Whenever someone buys a book from you, they will have the opportunity to give the transaction a rating. This is when they’ll tell other potential buyers whether the book was in the condition that you described, whether it was mailed on time, and if your communications were pleasant and helpful. One bad rating can hamper sales, and a couple of them can downright stop them. Excel at customer service and your ratings will help your company grow.
Online Profits University is a unique framework to help you start and grow a profitable online business that is a true ASSET, not a job. As soon as you join you get a custom roadmap that meets you exactly at your current starting point, and lays out a success path to your profitable online business in as short a time as possible with step by step proven methods taught by yours truly. (I’ve personally generated over $8,000,000 in online sales using these strategies).
But the really great thing about the sales model is that once you have your main revenue stream running smoothly, you can add every single other profit stream I mentioned above in order to diversify your income and explode your profits! For example, let's say you run a small business that manufactures garden tools. When you set up your sales site, you can sell your own product (garden tools), earning the largest profit margin. This should be your main source of income, so make sure you focus on this first.
I have been really disappointed with the survey gig. They underestimate the time they take to complete by like a third and often I find myself spending 10 minutes in what seems like a survey only to find out it’s a pre-survey qualifier, where it feels like I’m giving them so much personal information that I ought to be paid, but at the end of it I’m told I don’t qualify but the award like the equivalent of a penny or two to thank you for your time.
15. Private Labeling. In this side hustle, you identify hot-selling products and bring your own to market to compete with them. There’s an art and science to this, including negotiating with suppliers (often overseas), but in this episode of The Side Hustle Show, 7-figure Amazon seller Greg Mercer shared his top 3 Amazon FBA product sourcing guidelines and tips.
Your Ads. The key to success will be in your ability to get the word out about your classes. Word of mouth will play an important role in your marketing efforts because taking classes is something that friends like to do together. Don’t just rely on friends and family, though. Post fliers in supermarkets, churches, and school bulletin boards. You’ll definitely want to have an online presence so people who are searching your area for such classes will be able to find you. You can establish one by creating a website, and then using digital media to spread your message. And don’t forget your neighborhood as a source of business. Take some time to visit your neighbors, even if you just visit one block a day, and tell them about your new business.
Experience. Whatever area you want to work in as a consultant, you must be able to show clients that you’re qualified to advise them. If there are organizations related to your field, make sure that you’re a member of them. Similarly, if you can take a course and become certified or registered in your field, do it and then add that to your credentials.
My 10-year-old son brought home a book from our park’s free library box. It was a biology textbook – teachers edition. He said it looked interesting and hey, it was free (having no idea you could sell it). I scanned it in my Amazon seller app and realized it was worth around $150. He was so excited. We listed it for sale for $130 and it sold! Going to tell him, he just made $130!
Food. The second word in “Bed and Breakfast” is just as important as the first. Some B&Bs have tried to serve their guests muffins, juice, and coffee in the mornings, but the most successful hosts understand that the breakfast they serve will make a lasting impression on their guests. You can get creative and serve the type of breakfast traditional for the area that you’re in. For instance, if your home is located in the South, then eggs, grits, and biscuits may go over well, while Southwest guests may appreciate a traditional Tex-Mex meal. Whatever you decide, make it memorable and make sure that your guests feel welcome and appreciated. Make it memorable, and they’ll spread the word for you.
Breaking In. Many people find that once they’ve completed their training, getting their first job can be difficult because many companies require a minimum of two years experience. Many newbies start out by volunteering to get some history under their belt. It’s not impossible to land a job fresh out of school, but you’ll need diligence and persistence, and probably a little luck.
4. Recommend affiliate products. Recommending affiliate products creates a "no-risk" partnership that allows you to promote another company's products or services on your site to earn a percentage of their sales. As one of the company's "affiliates" or promotion partners, you earn a commission each time someone you've referred to their site makes a purchase. To advertise their wares, you might post a banner on your site that links to the affiliate program's site, or you might publish an article about the company and their products in your newsletter.