UPDATED: May 12, 2022
The digital world changed everything, and there are numerous ways you can start a side hustle online. If you want to redo your kitchen, vacation to Santorini, or contribute more to your retirement fund or add to your personal savings rate, here are the top 5 online side hustles you should consider to start making money now.
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Become a Freelancer
Sites such as UpWork, Fiverr and Toptal are filled with individuals looking to earn some side income. You can find contractual jobs, creating an excel spreadsheet for a small business, writing blog posts, or entering accounting journal entries. You can also find full monthly or year long projects that fully immerse you into someone's business.
If you have a talent, or a passion, you can likely find someone who would appreciate your service. The best part is the flexibility. You can select your pay, the jobs you're interested in, and how much you’re willing and able to commit.
You’ll need to create a profile on these sites to get started. Simply select your interests and skills, and provide a brief profile summary of your work experience and the type of work you’re seeking.
When starting out, you’ll likely be initiating the contact with potential clients and submitting proposals. As you complete jobs and build a stellar reputation, people will begin to contact you looking for assistance.
Do you have a passion for fashion? Liketoknowit may be the perfect match to your Instagram! Post a picture of you in a beautiful outfit and include a link where someone can purchase that outfit. Whenever someone uses that link to buy that outfit or product, you’ll collect a commission. It’s that simple. You were going to post that picture anyway, might as well get paid for it.
Brands are always looking to tap into a specific audience. Creating sponsored posts for the brands you love may be a great way to earn some side income simply by promoting a product. Whether your audience is interested in fitness, guitars, or baking - I assure you, there is something you can market to them.
Run Social Media Accounts for a Small Business
If you’re on social media, you’ve definitely seen your fair share of ads. Lawyers, mortgage brokers, the new pizza shop in town, insurance agents, you name it. With billions of people on Instagram and Facebook, social media and online ads are increasingly important.
A local shop may make the best pizza in town, but if they are terrible at interacting with and growing their online following, they might as well be invisible. That’s where you can step in.
Dedicating a few hours a day, a few days a week, can make a profound difference in their follower community and help bring them more business.
Here are some more ways to earn money on social media.
Selling Items & Clothing
The lightly used online clothing and accessory business is booming. People are always on the hunt for a bargain, and chances are someone wants what you have.
If you have lightly worn clothes or accessories that are still in great condition, consider selling it on Poshmark. Watches, heels, bags, jeans, sweatshirts, you can sell it all!
As you build up a reputation and develop an eye for what consumers want, you will identify bargains online or in retail stores, and start buying items at a discount and selling them for a markup.
Simply take a picture of your item, write a brief description including the size, and post it on your account. You can either let potential buyers bid for the product, or sell it for a fixed price.
Poshmark isn’t the only site that allows you to do this. Amazon and eBay both have a massive market for this as well. Not only will you put some extra cash in your pocket, you’ll also free up extra closet space.
A business needs to reach their customers online, and a website is the path to do so. If you’re willing to invest some time on the front end to learn the art of website creation, the rewards on the backend could be quite lucrative.
Generally speaking, you’d charge a client a one time flat fee to create their website. However, your work doesn’t need to be finished once the site is complete. It’s not uncommon for a client to rehire you months later to update or adjust the site. Websites such as Wix and Squarespace are fun, easy to use, and satisfy most small business’s needs.
Be sure to create a website for yourself and the services you provide. Show examples of your work to potential new clients.
Start Your Online Side Hustles Now
The best time to start is right now.
You can take this as slow or as fast as you want. After all, you're looking to earn side income on your own terms, not to have yet another demanding job. Never underestimate the power of the snowball effect, or the ability to start small and build something larger over time. These 5 online side hustles are available right now.