18. CraigsList – Some things don’t ship very well. Other things may make you feel uncomfortable to sell to someone across the country. Anytime you’re selling a large item or something you just don’t want to ship, Craigslist is a great place to go. It’s simple to list your item (again, take good pictures!). If you don’t like the idea of putting your phone number out there, the interested individual can send you a message to your inbox without even getting your email address.
Interest in the niche. Passion/huge interest is a bonus. People really underestimate this point. You’ll be eating, drinking and breathing this product/niche for weeks, possibly months and years to come if it’s successful and you start focusing on growing it. Having an interest in it makes things so much easier and helps you keep going when things get tough.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
For example, if you buy a $100 suit… perhaps you could rent it out for $25 for the night/weekend and someone locally is interested in just a cheap rental (because they don’t need to own a suit for the one or two times per year they wear one). After four weekends of renting the suit, it’s paid for itself. Now, whenever it’s rented out—you’re profiting for the remaining life of the suit.
Are you just starting your first online business and not sure whether you want to be a product creator or affiliate? Personally, I prefer being an affiliate. It's not as glamorous as owning your own product, but I think it gets much closer to the idea of passive income. Check out how affiliate marketing creates passive income better than any other type of business.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand.
It can take time to build up your personal freelance business. Yet, there is more demand than ever for freelancers. So, if you want to kick start making money online through freelancing you can join one of the top freelance networks, such as Flexjobs, SolidGigs, Contena, Upwork, Fiverr, or PeoplePerHour. Sign up, build your profile, upload some samples of your work and start making extra money by doing small freelance jobs.