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    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.

    Image Source

    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.

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