Selling online can be one of the fastest and easiest ways to make money. But where to start? We have compiled a few ideas for selling online to give you some inspiration.
Whether you need cash to pay back a short-term loan, add to your savings pot or fancy dipping your toe into the online-selling water to see how much cash you could make, we take a look at how to use the internet to make a profitable side hustle.
Can I make money renting out used baby gear?
Babies need lots of stuff. When your baby gets older and no longer requires a cot or a car seat, you’re left with loads of gear that you no longer need. If you don’t want to sell right away, why not make money by hiring it out?
Websites like Buggy bee and beehiveit enable you to lend your possessions to people visiting or living in your area, for a fee. All you need to do is list the item and your location on the website and wait for interest from a potential renter.
On Buggy bee, you can also sell your items online, if you don’t want to rent them out anymore. Or, if you want to save some money, you can even do a swap.
Can I earn cash building niche websites?
If you are relatively tech-savvy, building a niche website can give you a more hands-off source of income.
These websites are niche in that they cover a particular, often specialist, subject. This means that you’re going to have to spend some time researching a particular topic before you start.
For example – you could build a website selling nothing but pink fluffy slippers – set up a website called ‘www.pinkfluffyslippers.com’ and be the no.1 website for this niche.
(please note – this is purely an example of a niche website and in no way a recommended business idea)
You can earn money by affiliate marketing, advertising or digital products.
How could I make money selling t-shirts?
Earn extra cash by tapping into your creative side. Teespring is a website that enables you to create custom products to sell online. For example, you can use Teespring to upload your own t-shirt design, which you can then promote to potential customers via Facebook.
Teespring deals with all of the printing, payments and fulfilling the orders. You earn the profit you make on your t-shirts i.e. the amount of money that you make once the cost of materials is taken off.
How much could I earn on Teespring?
Some people are claiming that they have earned more than $100,000 (around £77,000) in less than 6 months by selling their t-shirts. This side hustle has the potential to become your full-time job, if you wanted it to.
What is the easiest way to sell on Amazon?
Amazon’s FBA – Fulfilment by Amazon – programme has become an increasingly popular side hustle.
You send the products you want to sell to Amazon’s fulfilment centres. When someone buys one of your products, Amazon packs it up and sends it out to the customer. Amazon manages the customer service and the returns, so you don’t have to deal with this.
Your products also become eligible for Amazon Prime and Free Super Saver Delivery.
One side hustler tells of how they made a profit of $656 (around £500) by selling local clearance products using Fulfilment by Amazon.
Is there still money to be made by selling on eBay?
The world’s largest marketplace is the most well-known way to sell online.
Whether you want to declutter your home or source the ‘next big thing’ to sell to eager customers, eBay is the obvious place to start.
While it is competitive and profit margins can be low, there are some serious success stories. Single mum Monika Milcarz Clark now earns £1 million a year after launching her own clothing line back in 2010 from her spare room.
Can I make money from my crafting on Etsy?
Unique, handmade items are in demand. If you enjoy designing and making, you could earn some extra cash by selling your creations on Etsy.
Kara Lamerato started her successful wine-themed wedding decorations business – Kara’s Vineyard Wedding – on Etsy, proving there’s money to be made by using your imagination to start an Etsy-based empire.
How do I make extra cash by teaching online?
Selling online doesn’t have to involve physical items. If you have specialist skills or in-depth knowledge about a particular subject, teaching what you know to others could be a lucrative side hustle.
Summary: Ideas for Selling online
Whether it’s a product or a service, selling online can be a successful side hustle. Do your research and work out where to focus your time and you could be boosting your bank balance in no time at all.