Earning extra money through side hustles has never been so quick and easy. The growth of technology is creating many great opportunities for people to earn extra cash away from their primary income. In today’s world, people are able to turn their side hustle ideas into a reality through the internet and earn extra money in their free time.
Whether you are looking for money with a specific purchase in mind or just to increase a savings pot, these popular side hustles may interest you.
Reselling
If you have a passion for finding hidden gems or a keen eye for a bargain, reselling could be for you! Reselling allows you to choose a particular niche and make money from it. Whether selling second-hand clothes from Vinted or collectibles from local thrift stores, there are plenty of chances to turn a profit on second-hand goods. Reselling to a niche audience ensures that the audience is interested in the product you are selling, and there is less competition in the market.
Reselling allows you to source items cheaply and sell them for a profit. Strategies like thrift stores and car boot sales are often of use for resellers, as typically they sell hidden gems at a low price out of convenience. A small amount of time and effort is needed to source these items and resell them for profit. Items should be cleaned and photographed and posted to sites like eBay or Vinted. Choosing a specific niche can help you succeed in reselling due to the saturation of the market for your chosen items. Ensure that excellent customer service is provided to maximise positive reviews and encourage repeat customers. The more time and effort you place into this side hustle, the more profitable reselling can be.
Podcasting
With the development of modern technology, launching a podcast can be an easy task. You only need a microphone and a recording device to kickstart your new online side hustle. This can be as easy as using your mobile phone. Podcasting gives you the chance to earn some extra cash by talking about your favourite hobbies. As a podcaster, ensure you focus your content on specific topics to help build an engaging audience. Building a following based on particular interests and hobbies can help you find a dedicated fanbase and earn sponsorships and advertisements. Creating a podcast has never been easier, with a growing field of broadcasters inviting you to publish on their sites. Make sure to promote your podcasts via social media to create a brand image that is recognised.
Dropshipping
Being one of the most popular online side hustles in recent years, dropshipping is ever-growing. The online side hustle method of dropshipping provides the opportunity for passive income with little maintenance. This is because dropshipping eliminates the process of managing inventory by shipping products directly from the manufacturer to the consumer. Dropshipping is considered a much more passive side hustle, as it removes stock management from the role, with the main aim being selling these products online. Side hustlers often opt for a method like Shopify. On Shopify, orders will be placed, and the manufacturer will ship the order directly to the customer, taking a small commission fee. This allows side hustlers to gain a passive revenue stream whilst focusing on other aspects of work.
Managing Social Media
Managing social media for clients can prove to be a profitable online side hustle. Having a basic understanding of social media platforms will help you excel in this side hustle, which offers the chance to earn extra money online using a smartphone, tablet or PC. Managing social media accounts for business is a flexible avenue you can take for your new side hustle, requiring you to help businesses grow their social media pages and online reputation by engaging with audiences. Regular content updates to keep audiences active will help you excel within the social media manager side hustle. As a social media manager, you will build a portfolio for the client, possibly reaching out to potential advertisers, which can help grow the client’s business and reputation.
App Testing
Web developers will often employ side hustlers to test new websites before they launch them to the public. Side hustlers will have to test various aspects of new web applications, ensuring they all work smoothly for the business to launch. Like most side hustlers, app testing is a great way to gain passive revenue, allowing you to work from anywhere around the world as long as you have a stable internet connection. App testers will provide feedback to the company in a question-and-answer format. This side hustle helps companies gather an understanding of the faults and the strengths. Sometimes, companies will pay a larger fee for a review from a tester with more knowledge of the product; meaning, if you are a tech specialist, this avenue may work well for you!
