Online businesses are the new way to get ahead. They are one of the best ways to make money in Canada, can be started with little investment, and offer the opportunity to work on a flexible schedule. But one of the most beneficial aspects about running your own online business is that you don’t have to rely on it as your sole source of income, but rather work on it as a part-time online side hustle.
Starting a side hustle with a busy schedule does not have to shun you from trying to make money on the side. In order to successfully start an online business part-time, you must build up your skills and knowledge about what will work best for you in advance. Once you have acquired this knowledge, it is easy to find an online side hustle that fits into your busy schedule. To help streamline the process, we are going to provide you with 5 of the best online side hustles to start, the skills required to start, and some tips to being successful. Lets get started:
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Online Learning Products
Online learning products, such as an eBook or online course give you the opportunity to share your knowledge and expertise with others. You’ve got skills and experience, why not put them to good use? These learning products allow you to do just that. The possibilities are endless with this side hustle. If you enjoy sharing your knowledge and want to gain recognition for it, then selling online courses might be the right side hustle for you!
Most entrepreneurs prefer starting a business that isn’t time intensive and requires little overhead expense. Online learning products meet every one of those requirements and more. There is no limit on how much money you can make from creating online courses: it all depends on how well they’re created! People can learn anything these days, and they love a one-stop shop where all the information is in a simple and helpful course.
Online learning products require little to no start up expenses, so if you’re just starting out, then this may be the perfect way for you to make extra money without risking too much of your own finances. You can get started today! With this easy-to-learn skill set, it won’t take long before you see your online course making money while you sleep!
A Quick Guide To Creating Your Learning Product:
- Plan and outline an idea. Come up with a concept and create an outline or blueprint.
- Create the course. Put it all together and finalize with each lesson.
- Sell your course. Set up a shopping cart, create an online store, and begin selling!
- Market your product. Online courses can be marketed anywhere, but nowadays social media sites are the easiest way to get started.
Remember that creating an online learning product isn’t just about making money, but can be a fun learning experience as well!
Affiliate Marketing
Affiliate marketing is the promoting of products online through your own website by creating articles and blog content about a companies’ product/service offerings. These online affiliate programs allow you to generate income by placing ads on their website that link to products. You can also place banner ads on websites with links that redirect customers to the site you are advertising. Affiliates are paid a commission for each product sold through their links or banners. This allows you to make money from home by simply linking your blog posts together and adding an Amazon widget at the end of them!
The best way to begin affiliate marketing, is to start small with one product at a time. Work with just one company initially until you gain enough experience/feedback to become profitable. Learning how affiliate marketing works takes time so don’t expect immediate success even though you might already be skilled in other areas of business (tech skills are not required).
Keep in mind that you won’t be able to reach every single person online. This can make it difficult when you want to market your product/service because that means that sometimes you will have to focus on smaller groups of people (niche style marketing) or wait until more people come online. Try to get a lot of visitors on your site but keep in mind that not every visitor is going to convert into a customer/buyer; take your time and focus on these three tips:
- Start small and focus on gaining experience
- Prioritize creating engaging content and compelling advertisement copy
- Work on improving your writing skills
In this blog post, we will discuss the 6 steps that you need to take to get started in the affiliate marketing field. Affiliate marketing can be a great way to generate income, and it’s something that anyone can learn how to do.
Drop Shipping
Online drop shipping is a business model that allows entrepreneurs to run their businesses without having any physical products. This means you can position yourself as a middle man between an eCommerce retailer and your end consumer; the consumer purchases products from the eCommerce company, but they are shipped directly from the manufacturer to the customer.
Drop shipping is when a product isn’t in stock at the time of sale, but it’s ordered by a customer and then shipped later when inventory arrives in your warehouse for re-shipping.
To put it simply:
You’re selling someone else’s product, instead of trying to sell your own. The profit lies in how much markup you add onto the price you pay for each item. If you choose to go this route in order to make money online, you need to find drop shipping partners and suppliers that allow you to sell the product on your website inexpensively.
The easiest way to get started with drop shipping is by using Oberlo: an app that lets you quickly add items from AliExpress and eBay onto your Shopify store without having to set up any listings or deals yourself. They also provide support for all kinds of different providers so just search around until you find one that works for you.
Some simple tips to keep in mind if you want to be successful at drop shipping is to:
- Have a clear idea of who your customer is
- Understand what products are right for your store
- Optimize your conversion rate by finding the best way to display/promote goods on your site
- Correctly price goods so you make profit but also cover shipping costs, time to market, etc.
Strategy Tip: You can do online drop shipping without owning or managing any inventory! This saves you from having to worry about getting charged for extra storage space that goes unused. Also it’s important to note that there are many different ways to go about drop shipping; beyond Oberlo, other popular apps include Dropship Direct and Storenvy! Make sure you understand them all before choosing one because they have pretty big differences between them.
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Freelance Writing/Blogging
Freelance writing is a great way to make money while you’re working on your other passions. While it may not be the most glamorous job, there are many benefits of freelancing that can outweigh the negatives. Great content is a must in todays digital space, and thus created a massive opportunity for entrepreneurs like yourself to take advantage of this and create a solid online side hustle.
In order to write for clients, you need two things: a portfolio of published pieces and experience with the subject matter that you’re writing about. You’ll also need enough time to devote yourself to completing projects on tight deadlines without sacrificing quality or your sanity too much! If any of these sound like they could be a challenge, now is the time to start working on them!
If you want to start writing for clients, start putting together a portfolio of your favourite blog posts now so that you can show potential clients later. You can get started with this by submitting to local sites or getting in touch with local magazines and newspapers to write reviews and recommendations about things going on around town. If you can get published there, it will be much easier to get published online.
Another way to build up your portfolio is by doing freelance editing. There are lots of people who need their work edited and perfected, and this can be a great way to see how writers work and what they look for in terms of content readability and information flow. This will help you become a better writer – but it can also help you find any holes in your own skillset!
Social Media Manager
A social media manager is the online equivalent of a public relations specialist or marketing director. They are responsible for managing all of the online activity associated with their company, including running advertisements and promotions on social media. It’s an online side hustle that’s really worth your time because online marketing is rapidly growing in demand.
As online advertising becomes more competitive, online marketers are looking for new ways to promote their products and services online, which means that social media managers are in high demand. There are tons of courses you can take online to help you start, and social media managers can make a pretty penny if successful.
Some of the key ways to become successful at social media managing and marketing is to be creative, work hard and to promote products that you’re really passionate about. Some other tips to get started are:
- Build your online presence
- Connect with influencers online
- Make online and local connections
- Stay up-to-date on the latest online marketing trends
There are tons of online courses that can teach you how to build a side hustle as a social media manager online, so look into those if you think this is something that you would be good at.
Conclusion
Now that you’ve learned about online side hustles, are there any specific online marketing or writing projects you want to start pursuing? If so, now is the time. The internet has created a unique opportunity for entrepreneurs like yourself who need supplemental income. Whether it’s freelance blogging or social media management, these online jobs provide an excellent way to make money while doing something that interests you! Now all you have left to do is go out and get started on your new online side hustle. Which of these online marketing tips would be most helpful in starting your own successful freelancing career? Let us know!
