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Rent out your house or a spare room

Posted: Mon Dec 23, 2024 6:35 am
by Nihan089
Since you invest time and money in maintaining your home, why not make it profitable? Renting out your home or a spare room can be an additional source of income. Platforms like Airbnb or Agoda make it a little easier. But don't overlook the fact that some cities are starting to regulate tourist or short-term rentals.

Next steps: Add more options to your side business by selling products to your customers. Through Shopify Collabs, you can earn commissions on the sale of products that they find useful. For example, if guests love the soap you use in your bathroom, you can put a QR code on it that takes them directly to the page where they can buy it.

11. Offer digital marketing services
The rise of online businesses has triggered an increase in demand for digital marketing services . Those starting an online business often look for freelancers who can handle content creation, social media, website optimization, and other similar tasks.

Next steps: Take advantage of the versatility of this market to advertise your services on freelance platforms. It wouldn't hurt to create a simple website to showcase your skills and a portfolio of the projects you've completed.

12. Join the affiliate marketing business
Affiliate marketing involves advertising a company's products or services on your platform and earning a commission for each referred sale you make (usually through a code or link). It's a great way to combine several side hustles.

If you have a podcast, you're an influencer, or you have your own store, it's much easier for you to get into affiliate marketing. You'll be able to earn passive income while working on different side businesses and activities that you're passionate about.

To get started, head to a marketplace like ShareASale , ClickBank , or CJ Affiliate and search for products that best fit your tastes and preferences. If you're already a content creator, influencer, or online course developer, the Shopify Affiliate Program can also be a good alternative.

Next steps: Check out this list of the best canada phone number example affiliate programs for marketers and content creators.

13. Create a blog or newsletter
Blogging is one of the most popular side hustles out there, but monetizing it isn’t always a simple task. That’s why bloggers often turn to websites like Substack , a platform where freelance writers can post work directly to their audience and earn income through regular subscriptions.

This allows bloggers to build their audience and maintain a steady stream of monthly income without having to resort to intrusive ads, sponsorships, or seeking freelance writing jobs.

Once you've built up a stable following, you can consider making money from other related activities, such as selling merchandise to your fans. This is a great opportunity to give your personal brand exposure .

How to boost a brand through a personal story
In this guide to telling a brand story, entrepreneur Charlotte Cho explains how her personal experience and culture influenced the creation of her skincare brand. Her background as a beauty blogger allowed her to launch this new venture after already gaining the trust of her audience.