Do you have plenty of travel hacking tips? Know enough to teach people how to do digital marketing? Whatever that niche may be, as long as you have the skills and a strong desire to learn continually, then you can sell these solutions in the form of an information product. Informational products are one of the largest online business markets out there.
Marketing Land has everything you want to know about digital marketing under one roof: social, SEM, SEO, mobile SEO, and analytics — you name it, they’ve got it. It’s one of our favorites because they’re always serving up content that is fresh and thought-provoking. If you need to brush up on your SEM or SEO, they’ve got plenty of free how-to guides on SEO, SEM, mobile marketing and more for you to take advantage of.
You can sell anything online to make money. The better question is what you should sell online that you’re interested in. It also depends on your goals. If you’re just trying to get some extra money now, then clothes and electronics are a good bet. If you want to open a store and sell things online full time, then you’ll need to explore your options based on your interests.
Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
The rise of the chatbot has been extraordinary to witness. Thanks to the ubiquity afforded to us by chat on platforms like Facebook, we've grown quite used to chatting with friends and family across all our social media networks. That's why AI-powered chatbots present a new digital frontier for businesses looking to automate and relinquish much of the man-power it takes to have a chat with its customers.
Zappos, Sears, Way fair, and Amazon are just a few of the larger known business brands that started with drop shipping. Even without your products in stock, you can still feature and sell the items on your website. Drop shipping takes the shipping process off of your plate entirely. When people buy from you, they purchase it from a third-party seller who then sells your item to your customer.
If you have previous experience as a computer programmer or have skills in this field, then there is plenty of work you can pick up as a freelancer. If lack of confidence is holding you back, then Free Code Camp is an excellent way to get your foot in the coding door. This organization provides free courses where you will build real-life apps and programs, giving you experience and plenty to add to your CV.
The final step to starting an online business is actually getting your first customer. You cannot have the best online business without having great customers behind you. This involves discovering how to get in front of your audience, sending out the right message to entice customers, and devising a pricing structure that works for the majority of customers to effectively give customers what they need.
The team at ahrefs have done a great job of modernizing SEO. Their blog tinkers on the edge between old and new school search engine tactics, from keywords to link building and beyond. One of the strongest characteristics of this blog, and why it has made the list, is the data-driven nature of its content that is backed up by an engine of up-to-date SEO metrics.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Carnegie Mellon has one of the most successful technology transfer records in the country and invests heavily in helping its students and faculty bring research to the marketplace. Through vehicles like the Center for Technology Transfer and Enterprise Creation and Project Olympus, an on-campus incubator, CMU is helping students blaze the notoriously treacherous path from thrilling research and bright idea to marketable product.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
“You don’t have to appeal to every single person, but if there is somebody or a small group of people that really believe in the content you’re sharing and they find value in it, if you’re actually serving the aspirations that they have, then they will share that with others, they will make that a part of their life. And eventually, having that personal platform allows you to accomplish not only the things that you want for yourself and your family but ultimately the legacy you want to leave in this world.” – Adam Braun
Pro tip for first-timers: Carefully consider the pay rates that are listed. Penny Hoarder Carson Kohler has used the platform to find freelance writing gigs, and she reports low rates — like $3 for 500 written words. It’s probably not worth it. (And, yes, you’ll have to scroll through a whole lot of these low-paying listings to find the good ones.)