With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you.
This is an awesome list. This is definitely one worth bookmarking to come back to. There are just so many ways to make money these days, especially with the internet. I especially like #38, and would even recommend taking it a step further and creating your own stock photo site. If you’re able to take a ton of photos, you can put them on your website too and have people choose how much they want to pay. Sure, you’ll have a lot of people that use them for free, but you’ll also get some people happy to pay a decent amount of change. It’s actually something I’m considering doing myself. I just have to get a decent camera. 🙂
Any way you slice it, this experience has been preparing you for the role of social media manager – this tends to be an independent contractor gig, but you can make a pretty penny if you can help small businesses or other professionals build buzz and their social media following. So if you can write a mean tweet (in a good way) or lay out an attractive Pinterest graphic, consider going full social: check out my post on how to become a social media manager.
Market your course: The beauty of using a course to make money online is that you can continue to sell it for as long as you’d like. Look for niche communities on Facebook, LinkedIn, or Reddit that might benefit from your content. Guest post on relevant blogs and sites. Look for anywhere you might be able to get in front of the right people. With just a few hours a month you can continue to generate sales.
If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.