We are going through a crisis. A crisis of a century. As the economists predict the economic recession due to COVID-19 will persist for the years to come. And, we all have started experiencing the consequences of COVID already. Many people already lost their jobs, and a lot of people are trying to create additional sources of income through online businesses to overcome this hardship.
So, at EB, we did some research to find out the hottest and trending ideas to make money during COVID-19. Well, not only during the pandemic, but also for the years to come.
Find 15 online business ideas for beginners that cannot go wrong
Don’t waste time searching for what to do. Here are the top 15 business ideas for beginners.
1. Start online teaching
Since the COVID-19 outbreak in March, the online tutoring platforms are seeing more than a 50% increase in usage. Don’t forget that this is on top of the online classes held by the schools. So, if you have the talent and qualifications in teaching, perhaps this is a perfect window of opportunity to start an online teaching gig. And, with online teaching, you will end up with a loyal customer base even after the pandemic. So, it can be a great way to do something that you good at and make money at the same time.
What to teach online
You can teach almost anything. It can be science, maths, and history classes for kids, or it can be yoga, fitness, and dancing classes for adults. It can be literally anything. People are stuck in homes, and they are willing to spend their time learning something new. So, go ahead and be their teacher.
How to teach online
Here is how to get started. First, you can pick a platform to start an online teaching gig. It can be a freelancing platform like Fiverr, Upwork, or it can be a dedicated online teaching platform like Udemy or Skillshare. Then create a gig featuring your skills and expertise. But, as you would notice, there can be a lot of tutors on these platforms. So, it won’t be that easy to get your first few students. Therefore, you can use your personal Facebook account to spread the word about your new gig. Simply create a Facebook post for your new teaching job and ask your friends to share it with their friends. That is a straightforward way to get your first few students.
2. Start a blog or a YouTube channel for affiliate marketing
Affiliate marketing is a lucrative way to make money online. All you have to do is start creating content (it can be blog posts, videos, podcasts, or whatever) to attract an engaged following, and then start promoting products and services of other businesses to your audience. For example, here in this blog, we are promoting affiliate links to Shopify and Amazon. So, if any of you click on those product links and purchase something, we would get paid a commission (not from your product price) from those businesses.
Using Amazon affiliate program to get started
It’s quite easy to get approved on the Amazon affiliate program. So, it can be a good starting point for you. Here is how to get started making money on Amazon.
First, you got to pick a content niche. That means you have to pick some sort of a topic to build your content. For example, you can start a blog or a YouTube channel about gardening, paper crafts, cooking, or whatever. However, if you could narrow down the intent of your content it is a lot easier to get affiliate sales. For example, you can start writing about how to select the best sleeping pillow. That means, all your blog posts or videos should revolve around that topic. If you select a narrowed down niche ideas, it is easier to rank your content up on Google, and the conversion rate will be higher.
Then start promoting your content on Facebook, or you can use Instagram marketing to start getting traffic. Once you have built an audience for your content, you can apply for the Amazon affiliate program. Then you can use relevant affiliate inks on your content to promote them to your audience. For example, if you are writing about gardening, you can write a blog post comparing different types of garden hoses on amazon and link them to your article. Bam, that’s it. If somebody clicks on those links and made a purchase, you can get a commission for driving that sale to Amazon.
3. Start an online shop selling print-on-demand clothes
Running an online shop is a sustainable way to make money. And, the process behind running an online shop is a lot easier than running a physical brick and mortar store. For example, if you start using services like dropshipping and print-on-demand selling, you don’t have to buy or maintain an inventory beforehand. This reduces the cost of starting an online shop to peanuts. And, if you start using a service like Shopify, you can set up a web store without costing more than $29 a month. Also, you can give it a try without having to pay first.
We have a good definitive guide to show you how to start an online store. There we provide step-by-step instructions about how to start an online store on WordPress and Shopify. And, if you don’t feel like you have enough skills or time to go through the whole process you can even hire a freelancer for less than $50 to get your store up and running in no time.
Hire an online freelancer to make your site
Hire a professional freelancer for less than $50 to get your online store up and running in no time.
How to decide what to sell online
Not every product or service is suitable to sell online. Some winning products will help you to make sales much quicker and easier. When you pick a product to sell online, think of a product that you would typically buy when you see an advertisement on Facebook or Instagram. Here are some examples of best-selling products on social media.
- Sell candles from home
- Sell socks online
- Sell pet products
- Sell kids clothes online
- Sell phone cases online
- Sell jewelry online
- Sell t-shirts online
- Sell makeup online
- Sell digital products
4. Become an online freelancer
Freelancing is one of the best ways to make money from home. Today, there are hundreds of different platforms to find freelancing gigs for almost any skill. It can be for graphic designing, writing, translations, solving math problems, or even giving out relationship advice, now you can find clients for all these gigs. Just go ahead and explore the different freelancing gig types available on a freelancing platform like Fiverr. You will definitely find a gig type that you are really passionate about.
Become an online freelancer
Make money from home by selling your skills and expertise as an online freelancer.
However, before you start listing your gig on a freelancing marketplace, make sure to be thorough with the skill that you are going to sell. For example, if you are planning to do logo designing, take a few courses, and learn the industry best practices to offer top service to your clients. The reason is if somehow you deliver a crappy service, they will leave a bad review for your gig, curbing all your future jobs. Services like Learn from Fiverr offers courses to learn the skills related to freelancing gigs. You can also find plenty of free courses online as well.
Get online – Make money during COVID pandemic
Having a strong source of extra income is essential to be financially independent. It is not only useful during a time of crisis like the COVID pandemic, but also it will help you to fulfill your dreams. So, plan ahead and start an online business or a gig to make some extra money. Here is a perfect roadmap to make money online for free. Go ahead and get started. Nature has given you an opportunity to start something new. It is up to you to take it or leave it behind.