In today’s ever-changing economy, it’s important to have more than one stream of income. Why?Currently, especially as a woman, relying on one stream of income is a risky venture as it leaves you vulnerable in cases of economic downturns or job loss. If you’ve read to this point, you might be asking yourself, “What to do to have more than one stream of income?”
Well, thanks to the internet, making money has become even easier. Whether you are a stay-at-home mum, businesswoman, or in the corporate world, looking to start a side hustle to augment your income or turn your passion into profit, there are lots of items you can sell online to make money. In this article, you will discover some very lucrative items you can sell online and how to sell them.
Ebooks
If you are well versed in your field, then you should consider creating and marketing ebooks on platforms like Amazon Kindle Direct Publishing (Amazon KDP). You can even create your website to sell these ebooks. This way you are using the knowledge you already have to generate more income.
Online Courses
Just like ebooks, you can also develop comprehensive online courses in your field of expertise and sell them on online academies like Udemy, and Teachable. This platform allows you to educate people virtually and get paid. These courses could be in the form of audiobooks, and video materials.
Printable Templates
If you’re into graphics design, designing printable templates is a cool way to make money online. You can design resumes, planners, social media graphics, stickers, t-shirt designs, etc, and sell them on platforms like Etsy, Shopify, etc. The easiest way to promote your pre-designed templates is on social media channels like Instagram and TikTok.
And if you’re feeling buoyant, you can also pay influencers to help you promote these products.
Stock Photos
As a photographer or if you know someone good at photography, you can create an account on photography platforms like Shutterstock or Adobe Stock to sell your high-quality stock photos. If you aren’t a photographer, you can buy the copyright of photos from local photographers around you and sell them on these sites.
Digital Art
Regardless of the type of digital art you create (2D art, 3D art, NFTs, animations, branding kits, fonts and typography, etc), there’s a market for you online. All you have to do is register on platforms like Etsy, and other web3 websites where you can sell NFTs, then advertise these arts on your various social media platforms to make constant sales.
Graphic Design Services
Another very lucrative item you can sell online to make money is your service as a graphics designer. Freelancing websites like Fiverr and Upwork have loads of clients who are looking for graphics design services.
To start earning from these platforms, open an account with them, create your profile, and start bidding for gigs.
Music and Audio Clips
You can also create and sell your original music or sound effects as a musician, songwriter, or beat producer. Third-party websites like SoundCloud, Audiojungle, and Sellfy help you to sell these clips, but if you prefer to have total control of price and keep 100% of your sales, you should create your own website.
Mobile Applications
Do you know people make money from selling apps on stores like Apple and Google Play store?
If you have good programming skills and can develop apps, then mobile apps are one very lucrative item you can sell online to make money.
You can develop apps from scratch, and sell them on app stores like Apple Store and Google Play store. Think of apps tailored to a particular niche that attract young, gen-z users. For example, a keyboard app for musicians, or a makeup app for beginners in makeup artistry
Beauty and Skin Care Products
One product that will always have a market is beauty and skincare products, as women and even men are now investing in taking care of their skin.
You could be a partner with beauty brands like Oriflame and Longrich, or even create your own line of organic skincare and beauty products.
With the world entering hot summertime, think of a skincare product that will be in demand, for example, sunscreens.
Real Estate
Real estate is another very lucrative item you can sell online to earn extra cash. But then, how do you expect to sell properties online when you don’t have a property?
You can earn from real estate by either becoming an affiliate or marketing available properties online for a percentage.
All you need to do is get to know about available properties from a landlord and advertise these properties online using your social media platforms, especially if you have a large audience to get a buyer.
Clothes and Shoes
A lucrative way to make money online is by selling clothes and shoes. People are always going to buy clothes, no matter the situation of the economy. There are so many ways you can decide to sell these clothes.
You could be a wholesaler, retailer, or thrift vendor. You can even sell some of your old clothes rather than let them waste away in your closets. To sell clothes, you need to service a target audience. Build an audience online by constantly putting your wear on display on your social media pages.
Phone Accessories
With the rise in the number of content creators these days, phone accessories like tripods, phone holders, camera lenses, etc have become a very hot-selling niche.
To venture into the sale of these products, you need to find a website like Alibaba or Amazon, where you can buy these items cheaply, and then package and resell them.
Home Office Equipment
Since the 2020 pandemic, the number of remote workers has increased drastically, and as a result, the demand for home office types of equipment has increased.
These equipment includes ergonomic chairs, system mouse, detachable keyboards, printers, tables, laptop stands, etc, which will help remote workers function optimally from the comfort of their homes.
Become an Affiliate
If you like selling but don’t have the capital to get started or you don’t have any skill set to create a course or ebook, you can still make money by selling other people’s products online for a commission.
Selling this way is called affiliate marketing. All you need to get started is to register as an affiliate on any platform of your choice, pick a product you fancy, advertise these products on your social media pages, and get paid a percentage for every single sale you make.
Freelance
Apart from selling products online, you can also sell your services online to make money, especially if you have an in-demand skill set like writing, web development, product management, designing, etc.
There are lots of websites online where you can sell your services to high-paying clients (depending on your level of expertise) to make money. Some of these websites include Fiverr, Upwork, Problogger, People per Hour, etc. To start selling your services on these platforms you only need to set up your profile.
Benefits of Selling Online
Now that you know some of the best items you can sell online to make money, let’s talk about the benefits of selling online, especially as a woman building her finances.
Apart from being another stream of income and offering you financial stability, here are a few other benefits of selling online;
- Flexibility: Selling online allows you to work from home or anywhere with an internet connection, providing flexibility to balance work and personal life. This means you don’t have to worry about it taking more time from your already busy schedule. You can even make sales on vacations.
- Low Overhead Costs: Online selling often requires minimal overhead costs compared to traditional brick-and-mortar businesses, making it more accessible for women, especially those who may have limited resources.
- Reach a Global Audience: With online selling, women can reach a global audience, expanding their customer base beyond local or regional boundaries. This also translates to more sales, as you have more leverage to convert these audiences to buying customers.
- Control Over Business: Selling online gives women full control over their business, from product selection to pricing and marketing strategies, providing them with a sense of empowerment and autonomy.
- Networking and Community Building: Online selling can facilitate networking with other female entrepreneurs and building a supportive community, providing valuable connections and resources for business and financial growth.
- Opportunity for Passive Income: Selling online can provide opportunities for passive income through platforms like e-commerce marketplaces or affiliate marketing, allowing women to generate income even when they are not actively working.
- Scalability: Online businesses can be easily scaled up as the business grows, allowing women to expand their operations and increase their earning potential.
Conclusion
Finally, with the unending opportunities available to make money from selling online, you need to find the item that suits you best, and this depends on your skills, and your target audience.
Whether you choose to create and sell digital products, services, or physical goods, your success depends on your understanding of the market, your marketing strategies, and the quality of goods and services you have on sale.
Remember, selling online as a woman provides you with the opportunity to build wealth on your terms, by leveraging the advantages of digital entrepreneurship to achieve financial independence and success. Now, being armed with these ideas, you can go ahead and begin your online selling journey.
