The world is currently in the grip of a pandemic that is likely to make this winter a challenge for most people. The challenge is not only financial; it is also social and emotional. That said, the financial aspect cannot be ignored, especially for those who have lost an income from the crisis. If you’re concerned about your financial welfare this winter, consider the ideas below for generating extra income and safeguarding your future.
Start an Ecommerce Business
Ecommerce is an excellent way to get started with a profitable online enterprise this winter. There are, however, a few things you should know before you get started. Firstly, there’s no point in competing in a crowded market or in a market that’s on a downward trend. Proper research is needed to identify a niche market that’s profitable. Secondly, to earn a reasonable income from ecommerce, you want to sell something that’s niche to the industry or something that commands a high price.
Self Publish a Book
If you’ve ever thought about writing books and earning money from your efforts, there’s never been a better time. Kindle Direct Publishing on Amazon offers writers and creators the perfect platform to reach an audience and earn money from book sales. Forget about publishers and agents taking a cut of your sales; the majority of profits go directly to you, minus a small percentage. Once you’ve written your book, it’s a good idea to market it in the right way, especially in the first week, to ensure maximum sales.
Learn Facebook Advertising
Facebook advertising is not difficult to learn, but many old school businesses either don’t know how to operate the platform or are unaware of the potential benefits of using it. If you need some extra income this winter, why not learn Facebook Advertising, become a Marketing Agency, and reach out to businesses to offer a value service. You could advertise your services on freelance websites like Fiverr and People per Hour or research businesses online you think might benefit from the service and send them a speculative email.
Design an App
The market for new Apps has exploded in recent times, with new games, services, and brand-specific apps entering the market. Apps are an excellent way to use your creativity and profit at the same time. To design and build an app successfully, you will need a great idea along with some coding skills. You can learn coding skills through online courses and coding apps. If you think programming might be for you, why not look into it, you can freelance with your skills or work for a company or brand.
Create a Digital Product
Do you have some expertise in a subject? Have you recently lost a job that you were specialised in? If so, you might want to create a digital course and earn some reasonable passive income on platforms like Udemy. With only a few simple steps, you can set up a professional-looking area to present a course from and upload it to Udemy. You can promote your course online through emails and social media advertising. At first, create a promotional offer to win new customers and earn some valuable testimonials.