51 Online Side Hustle Ideas – Start Making Money Now!

There are 9.5 million Amazon sellers globally, and on average, they make revenue of $26,000 to $810,000 annually with $300 billion in gross sales. 

Why it matters

Starting an e-commerce store on Amazon is one of the easiest online businesses to start, as you can use the platform to research the best product to sell and find that product. Amazon can also store and deliver your products globally without you having to worry about logistics or storage. In essence, you can outsource almost everything without a big capital outlay. 

The term for this type of e-commerce business is “Fulfillment by Amazon” (or, to use an acronym, FBA).  And over the last ten years, it has become big business. 

It is perhaps one of the best online side hustles to start.

In the news

Venture capitalists noticed the rise of the Amazon FBA e-commerce market segment (they always notice a money-making opportunity), and they started raising funds to buy and aggregate Amazon stores.

In 2018, Thrasio launched as an Amazon aggregator in New York and so far has raised over $3.4 billion in funding and has bought over 200 FBA stores. They are now the top Amazon aggregator.

Starting a revenue-producing business that helps pay for your holidays, contributes to the rent, and puts your kids through college is one thing… but the real payoff comes when you sell a business and realize a large capital payback. 

So the good news?

It has never been a better time to start an online store, grow it and sell it for millions of dollars. And the aggregators are on the hunt for successful Amazon stores to acquire.

These are some of the numbers for acquisitions by aggregators: 

• 47% of deals sell between $2 and $5 million.
• 24% of deals close for under six figures.
• 12% of deals sell for over $5 million.

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Online side hustle opportunities

E-commerce is just one of many side hustles you could start. Here is a list of a few more to get you inspired.  

1. Virtual Assistant
2. Remote tech support
3. Coaching
4. Online consulting
5. Affiliate marketer
6. Blogging
7. Youtuber
8. Instagram influencer
9. TikTok influencer
10. Sell your handmade crafts on Etsy  
11. Online tutoring for students
12. Launch an online course 
13. Podcasting
14. Social media manager
15. Translator services
16. Online fitness trainer
17. Freelancer
18. Sell your services on Fiverr
19. Publish and sell an ebook
20. Create and sell an online course
21.  Start a monthly newsletter
22. Launch a software as a service business (SaaS)
23. Fill in online surveys
24. Freelance writer
25. Sell on eBay
26. Start an online store on Shopify
27. Sell stock photos online
28. Teach English online
29. Become a Beta Reader
30. Provide Facebook ads services
31. Buy and sell domains
32. Sell your expertise as an SEO expert 
33. Website developer
34. Customer support
35. Online nutrition expert
36. Provide online research 
37. Write CV’s
38. Sell your photos
39. Online videographer
40. Freelance designer
41. Create a video game
42. Design and build apps
43. Provide online legal advice (only if you’re a lawyer!)
44. Write speeches
45. Ghostwrite books  
46. Create and sell NFTs
47. Daytrader
48. Sell voice-over services
49. Edit podcasts
50. Create a membership community in your area of expertise 
51. Design logos for businesses

The list is large and the opportunities are endless. But the difference between success and failure? 

Action. 

Over to you.

The post 51 Online Side Hustle Ideas – Start Making Money Now! appeared first on Jeffbullas's Blog.

* This article was originally published here

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