1. Buy and Sell Websites
The process of buying and selling websites is like the process of flipping homes — you buy a house that has investment potential, fix it up, and sell it for a higher profit.
The process is pretty straightforward. But, just know that there are risks involved. So, don’t invest money in a site you can’t afford to lose.
Here’s how you buy and sell sites for a profit:
- You find an undervalued website that you know you can improve. For this, check out marketplaces like EmpireFlippers, Flippa, and We Sell Your Site.
- Do your research to uncover revenue and traffic numbers, link profiles, and the real reason why someone is selling the site.
- If everything checks out, purchase the site.
- Make site improvements to maximize its traffic and revenue.
- Sell the site for a better profit.
If you’re interested in exploring this process in-depth, then check out these articles and success stories from Hostinger users:
- How I Turned My WordPress Blog Into A Five-Figure Business
- 20 Ideas for Your First Online Side Business
- 10 Steps to Making a Profit Buying and Selling Websites
- How I Made $180,000 Profit Buying And Selling Websites Part-Time
- How to Buy and Sell Websites: Expert Advice on Maximizing Your Profit
2. Buy and Sell Domain Names
You can also buy and resell domain names, just as you would a website.
Use tools like Just Dropped to purchase a unique domain name. Then, re-list the domain names, wait for buyers and sell them for profit.
Some people have been able to make hundreds or thousands of dollars per year employing this exact strategy.
You can start doing it here on Hostinger with our domain checker. Simply enter your domain name and we’ll provide all the available options for you.
3. Sell Stock Photos and Footage
If you love to take pictures or recording footage, then you can make money off this passion.
There are tons of sites that allow you to upload your stock photos and footage. These sites have huge user bases, and when someone licenses your photo, you get paid.
Some of the biggest stock photography websites include:
If you’re a videographer, then some of the top sites are:
When creating your stock portfolio, spend some time browsing through the marketplaces above to find the most popular styles.
Then, create your own niche and upload as often as possible — the larger your portfolio is, the greater your chances of success.
Beyond making money with your photos and videos, using websites like these can help to build a fanbase for your work as well.
4. Invest in Cryptocurrency
Chances are cryptocurrency appeared on your radar with the huge Bitcoin peak. However, even if you didn’t invest in Bitcoin and other cryptocurrencies a few years ago, it isn’t too late.
Investing in cryptocurrency is a lot like any other form of investing, and there will be some risks involved. But, by taking the time to educate yourself you can make some sound investments that’ll pay off in the long-run.
The first step in your cryptocurrency adventure is to get your knowledge and skills up to speed. BitDegree is a great resource that’s full of useful tutorials and courses that’ll get your cryptocurrency knowledge up to speed.
There are multiple approaches to earn money off cryptocurrency including:
- Investing in coins before they IPO, or grow in value
- Learning how to program and work with blockchain
- Become a cryptocurrency writer
- Getting a job at a cryptocurrency startup
Since cryptocurrency and blockchain technology are still in their beginnings, it’s a great time to learn the necessary skills to position yourself for future success.
5. Sell Your Crafts on Etsy
There are more ways to earn money for your services and that doesn’t only include driving an Uber or Lyft. If you specialize in making handcrafted goods, then you could make a nice living selling these types of goods online.
Etsy is one of the biggest platforms for selling your crafts — from unique iPhone cases to shirts, rings, and much more.
You can get started without a website or an online presence. They already have a large audience you can tap into directly. Plus, if you develop enough traction, then you can always transition over to your own self-hosted eCommerce store in the future.
To increase your chances of success keep the following tips in mind:
- Do your research to make sure there’s an existing demand for your creations on Etsy
- Consider how much time it will take to make each item. Is your time and material cost worth the price you’re charging?
- Think about what makes your product stand out? You’ll want to have a unique style, while still hitting the expectations of your buyers.
6. Sell Your Products on Amazon (FBA)
Amazon is one of the biggest online retailers, with thousands of products currently listed on the site.
We already mentioned how to create an eCommerce store, and this approach is similar, but the core focus here is on using the Amazon platform.
With this approach, you find products that are selling well on Amazon, and you source cheaper versions of those products. Then, you add your own branding and then re-sell the items.
You have the opportunity to sell these products yourself or work with a manufacturer who will customize these products and dropship them to your buyers.
If this sounds interesting, then check out the resources below to educate yourself further:
- The 4 Secrets of Long-Term Amazon Success [including FBA]
- Want to Make 6 Figures From Your Amazon FBA Business? Here’s How.
- Amazon FBA Success: I Sold $40,639 Worth of Physical Products in the Past 30 Days
7. Start a YouTube Channel
YouTube is one of the world’s largest search engines. But, instead of searching for websites, people are looking for entertaining, fun, or informative videos.
You can monetize your YouTube channel by using their advertising system or sending your viewers to a website you’ve monetized in another way.
You can think of building a YouTube channel in a similar fashion to creating a website, except you’re creating videos, not written content.
If you feel comfortable in front of the camera, and want to try your luck creating videos, then you’ll need to figure out what your channel will be about. Typically, there are two types of YouTube channels out there that are most successful:
- Entertaining content. This style includes content like web series, comedy videos, pranks, reviews, video game walkthroughs, and a lot more.
- Educational content. This style is more geared towards, “How to” phrases. If you have useful skills or information you want to convey through a video, then this is a solid option for you.
Once you’ve decided what kind of channel you’re going to start, it’s time to start creating. First, you’ll need to create a YouTube channel and think of a catchy name. Then, keep the following tips in mind:
- Use a high-quality camera to record your videos
- Experiment with different styles, formats, and editing techniques until you find one that gets the most traction
- Optimize your video titles, descriptions, and images to get people to click
- Create a consistent video publishing schedule, so followers know when to expect your content
8. Become a Virtual Assistant
If you’re great at planning and organization, then becoming a virtual assistant could work for you. A virtual assistant is responsible for a wide range of tasks. For example, you could do general bookkeeping, data entry, email management, research, and a lot more.
Becoming a virtual assistant can be a great way to not only grow your income but exchange contact with important people as well. Not only that, but the market and need for VAs is only growing.
A lot of small business owners are turning to virtual assistants, instead of hiring a full-time staff member.
8. Sell Your Programming Services or Software
Learning how to program can be a very valuable skill. Whether you’re looking to freelance with your skills or develop and build your own software.
Once you have enough skills under your belt, you can perform such tasks as building a consumer application, a niche web or mobile app, or even a mobile game. A lot of very successful businesses have been built on the back of software.
A lot of today’s software is built by larger companies, but, if you look through the Google Play or Apple Store, you’ll find that a lot of the most popular apps have been built by people just like you.
If you’re looking to make money off your own software or apps, here’s an approach you can take:
- Do market research to uncover what is currently needed the most
- Build an MVP version of the software
- Get feedback from initial users and beta testers
- Integrate feedback and launch the first version of your product
- Prepare a marketing campaign based on your budget
If you’re looking for inspiration, check out how Nathan Barry founder of ConvertKit was able to grow his software startup.
If building and selling your own software sounds too time-intensive, then you can profit off your programming skills right away by freelancing.
Spend some time digging through top freelancing platforms like Upwork and Freelancer and you’ll find a variety of offers your skills are suited for. Or, you can visit Remoteok.io, which highlights a variety of remote programming positions you can apply to.
9. Tutor Kids Online
Teaching English and tutoring students around the world is a great way to make extra money online. If you’re from an English speaking country, then you already have the skills to succeed.
You can also obtain an ESL certification to increase your chances of success and getting hired for the job.
Usually, you can make up to $25 an hour tutoring students over Skype.
If this kind of work sounds interesting, then check out these sites:
10. Test Websites and Give Feedback
Do you have a good eye for design or what makes a good website or app? If so, you can make fast cash online by offering your feedback and testing for usability errors.
For example, perhaps someone’s content is unclear? Does the layout confuse you? Is the navigation menu too complicated? These are valuable insights that might greatly improve someone’s online business.
There are a number of sites that’ll actually pay you for this kind of feedback. Some of the most common website and app feedback sites include:
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