Side businesses are a good way for professionals to earn some extra income. There are several options available when it comes to starting a side business. Some of these options include Photography, gardening etc.
If you’re a professional, you can use your skills to start a side business. The most feasible option available to you is to start a business online. There are several options available to you when starting an online side business. Here they are.
1. Selling your own creation
If you’re good at making baked items, you can sell them online. There are several ways to market your own products. Social media has made it easier to reach more potential customers. You can market your product in several ways.
The easiest way to get started is to create a Facebook page. You don’t need a professional logo design at the start. Grab a cupcake image from the web and create a Facebook fan page to get stared. Make a good description about your product, list the prices, put up some pictures of the cupcakes you’ve made and you’re good to go. Ask your friends and relatives to spread the word around about your product. A benefit to you is that you’re already a professional, and you would have connections with people at your workplace. You can even market the product among them, and there’s a high chance they will purchase your product.
2. Affiliate marketing
In affiliate marketing, you sell someone else’s product for a commission. Affiliate marketing is considered one of the best earning online side businesses for professionals. This type of marketing can be done through blogs, emails, social media etc.
There are many products and services that can be marketed. Affiliate marketing requires engaging content to be created, which tempts the readers to make the purchase. If you’re good at writing words that appeal, Affiliate marketing is a good option for you. Commissions build up and at the end of the month; you may even find you made more money than your professional income.
3. Freelance writing
There are millions of websites online. Therefore, there are a lot of freelance writing opportunities available. Freelance writing, even as a side business, can lead to a four figure income per month.
Freelance writing business can be done in 2 ways. The first way is that you make online contacts, get some work and outsource it to other freelancers. You can make a team of freelancers, and outsourcing work can lead to a good deal of earnings per day, without requiring you to do much work.
Secondly, you can run a freelance writing business yourself by opening up a website. You can mention that you can type a certain number of words per day or per week as you have a professional job. A good hourly rate can earn you decent income overtime.
This is also a well-known online side business. There are a lot of monetization methods of blogging. A few examples include pay-per-click ads, affiliate banners etc. Starting a blog is easy. You need to purchase a good domain name, good web-hosting and install a simple theme to get started.
Blogging doesn’t require a lot of monetary investment. You can start a decent blog with $50-$100. There are several options available to you when starting the blog. It would be best to choose a niche that interests you the most. You’ll slowly get readers and advertisers when you build your blog overtime.
Once you pick up the option of starting one of these online side businesses, here’s how you can devote your time in making them grow.
1. Work between lunch breaks
The best thing about starting an online side business is you can work from anywhere. You can use the lunch break to take our 40-50 minutes to write a blog post, and get it up live.
2. Make a plan
Your side business won’t be successful if you don’t find time to make a ‘real plan’. You can create a time table for working on your business, and give yourself deadlines on achieving tasks. You won’t get success if you don’t give as much priority to your side business as you do to your real job.
3. Work on weekends
Professional jobs have weekend breaks. To get your side business running quickly, you can work on it on the weekends. You would also be able to focus more on weekends rather than during the week.
If you manage to start a small side business successfully, you can grow it overtime. You don’t need to invest a lot, but you need the right strategy. There are several online websites that help small businesses to grow by giving tips, video tutorials etc. Websites such as Income.com offer help in growing a small business.