If you spend a lot of time in the house, but you need to earn some extra money, there are plenty of opportunities these days. Around 80% of people shop online these days, opening up an enormous market for online stores and digital products – you can also consider freelancing.
Start an Online Store
It’s never been easier to start an online store and earn money from home. If you’ve always wanted to work from home and run your own business, then an e-commerce shop is an excellent choice. One of the best platforms for you to start your online store on is Shopify.
Shopify gives you a 14-day free trial allowing you to organize your business and find out how workable it is; after that, the platform charges an affordable $29 per month. To be successful, you will have to decide what you want to sell and whether you need a warehouse or not.
Sell Digital Products
If you want a profitable home business with excellent margins, then consider selling digital products on your online store or website. A digital product is a non-physical product in the form of a media file such as a PDF, plug-in, or template that can be downloaded worldwide.
Digital products include things like ebooks, digital art, photography, courses, music, and much more. These products take time to develop, but once you have them set up, they are very profitable. A digital product can be sold regularly over the long term with very few overheads.
Start Financial Trading
Another great way to earn money from home is to start financial trading. The financial markets change daily, giving you the chance to earn money easily if you know what to do. One of the best trading platforms in Forex Trading, which specializes in currency – a liquid commodity.
To start trading currencies choose a currency pair; this is a set of currencies such as Euro and Dollar. Once you have your currency pair (choose a pair that has some value), you can decide to buy or sell. Set your stops and limits on the platform, so you don’t lose money while away.
Design a Course
One example of a digital product is an online course; these are usually built around a subject that you have some specialist knowledge in. If you love writing, cooking, graphic design, digital marketing, or anything else, then you probably have some valuable knowledge to pass on.
Start by researching other courses that have covered a similar subject; it’s fine to borrow but don’t copy; also, try to find your own USP for your digital product. Next, start to create your content and learning objectives, use a combination of expertise and pro-texts for the content.
Become a Freelancer
If you have the ability to design a course for an online audience, you probably have the skill you need to become a freelancer and earn money around your household tasks. Some of the best freelancer opportunities are writing, consulting, coding, marketing, or customer services.