7 Profitable Home Business Ideas For Extra Income

Published by Tom L — 03-19-2020 08:03:18 AM


There are lots of profitable home business ideas available both online and offline. It is good to remember that it does take daily work and effort to see results from any business, no matter if it is online or offline.

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You must also be prepared to invest in your home business, spending a little money on advertising and getting the right tools in order to earn money.

Working online from home is really popular and it has several great advantages compared to working offline. Here below are my top 7 recommendations for profitable home business ideas.

7 Profitable Home Business Ideas For Extra Income:

#1. Promoting Digital Affiliate Products

Promoting digital affiliate products is the most common way for earning money online. You are promoting someone else´s products and earn a commission every time a product is sold through your unique affiliate link. You can earn a lot more money promoting digital products than physical products. This is because there is no shipping and warehouse needed.

The customer can download the products instantly after payment. There are many marketplaces online for digital products. In my opinion, the best way to start is to sign up for a free affiliate account at Clickbank and follow the simple instructions for how to get into affiliate marketing today.

 

#2. Video Production For Clients

Another profitable home business idea is video production for customers. Companies and people are looking for high quality videos to promote their products and services on YouTube and other video search engines. You can start a video production home business even without your own website if you want to. 

A Pro Tip: In order to get clients fast for your new video production business, join the biggest online marketplace for freelance services, Fiverr.com. Learn more here (review)

 

#3. Buying And Selling Domain Names

Buying domain names for cheap and selling them for a profit is quite simple to do, it takes very little time and investment. You can purchase domain names at any domain registrar at the registration price (around $15 per year) and then resell it for a profit. It is good to know that there is a huge difference in domain names, not all domain names are worth a lot of money.

 

Here are a few tips:

  • Try to choose top level domain names, .com, .net and .org. A .com domain name is the best.
  • Check expired domain names. One of the best places is ExpiredDomains.net 
  • Try to include an "action-word" in the domain name. Such as "buy" or "best".
  • Try different keyword tools to come up with ideas. Then check if the domain name is available.

You can find more useful domain flipping tips on YouTube. There are also courses available that shows in smaller detail how to get the most out of this profitable home business idea.

 

#4. Write articles, make videos, do programming... for others!

Are you good at writing content, doing search engine optimization (SEO), making YouTube videos, programming... People are willing to pay good money to get something done online. For instance, bloggers are always looking for high-quality, unique content. They may lack the time to conduct all of the research and writing themselves, so they outsource it to Fiverr.com. Read more here.

 

#5. Start a YouTube Channel

YouTube is the world´s biggest video search engine and the world´s second-largest search engine. You can create a free YouTube channel and start making interesting videos about anything you like. Those who have turned YouTube videos into a huge business for themselves focus on a specific topic and create really high-quality videos regularly.

They earn money through Google Adsense advertising and by recommending products they use on their videos. This is a really profitable home business idea if done right. You will need some equipment and knowledge in order to start making YouTube videos. You must also know how to market your videos in order to get as many views as possible. The more traffic you get to your videos, the more money you will make.

A Pro Tip: Did you know that you can also make money from YouTube videos without creating your own?

 

#6. Online surveys

Doing online surveys for money is quite simple. All you need is a computer with Internet access, then search for websites that offer online surveys.

You can sign up for different survey sites for free, and they will pay you when you have completed a survey. To earn *real* money, you must complete a large number of surveys on a daily basis; this can become a full-time job. In most cases, you need to live in the United States to be able to do online surveys for money.

 

#7. Blogging

Blogging is one of the most profitable home business ideas. You could start a self-hosted Wordpress blog and start writing useful and helpful articles on your blog regularly. You would earn extra income by recommending affiliate products and from your email list. There is a learning curve and a lot of technical stuff when it comes to setting up a blog. Fortunately, there is a lot of useful information available online where you can learn all you need.


About Tom L

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