Ever since the idea of online auctions came into existence, the online selling market has been on the rise. Many are interested, but don’t know how to get started. There are still all kinds of ways to make money by selling online, whether you’re selling what you already have or buying and selling like a store. Before we get started, here are a few general tips when selling anything online:
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Craigslist. Craigslist is the scrappiest of the major online resale options. Its major perk is its enticing profit potential, thanks to the total lack of listing and selling fees for most items. The disadvantages are many and include potential safety risks and higher chances of nonpayment. If you do choose Craigslist, keep your wits about you and use the buddy system.
Bootstrap: This means you’ll be self-funding your business. While not everyone will have the funds to pay for everything they need to start a startup, bootstrapping means that you retain 100% control over your company. You’ll be using the financial tools you have at your disposal—whether that’s financing your business growth with credit cards, personal loans, traditional business loans or a home equity line of credit. The payoff if you can bootstrap your company to an exit or IPO though, is that you might not ever have to work another day in your life.
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.
Giving Assistant. Giving Assistant puts a charitable spin on online shopping discounts. Functionally, it’s similar to Qmee and Piggy, but users have the option to donate their earnings to their favorite charities. Of course, those who prefer to pocket their cash still can. You can reliably earn 5% cash back with Giving Assistant and more at select merchants.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
If you do any shopping online (and if you don’t, who are you?), you are probably familiar with cash back apps. The premise is pretty simple: find something you like online, buy it through a cash back portal like Rakuten or find a coupon code, and save some money you would have otherwise spent. The rewards are usually modest, but they add up over time.
Lime, for instance, will pay you for collecting scooters around town, charging them, then returning them to a “LimeBase”, which is just a consolidated location of scooters (like in the image above). A scooter typically takes around 4-6 hours to charge. What most juicers do is collect the scooters in the evening, bring them home to charge, and then return them to LimeBase in the morning. Bird, another popular scooter company, works in a very similar way. For anyone willing to hustle, this is a great way to make money.
Start With Freelance Copywriting Platforms. When I first started working as a freelance writer, I was shocked to discover just how many freelance writing jobs were available for the taking. You can find work on dozens of reputable websites, from general-purpose freelance platforms like Upwork to writing-only portals such as Textbroker. These gigs don’t pay handsomely – starting writers earn little more than $0.01 per word on Textbroker, for instance. And the writing is often monotonous: lots of product descriptions, ad copy, press releases, and throwaway blog posts. But they’re great for getting your foot in the door, learning what editors expect from freelance writers, and becoming a better writer overall.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.