By Austin Miller, Content Marketing Manager
More and more moms are finding ways to money from home, sometimes leading them to become the primary source of income. Although no business is easy to run, (let alone while watching kids), the internet has made this a much more viable option.
So here they are, 5 Proven ways for stay at home moms to make money online in 2017 and beyond...
Social Media Freelancing
Businesses large and small are rapidly coming to the realization that they need to maintain a presence on social media platforms in order to maximize their promotional efforts. However, having a top-notch social media presence takes time, work and effort that few business owners can put in. This is why freelance social media marketers have become a premium in the world of online business.
If you can learn the best practices for leveraging social media and turning views, likes and shares into sales conversions, you have a skill set that is valuable to practically any business. There are many free and relatively inexpensive online courses that teach exactly this skill set. If you have even a decent familiarity with social media, and learn a few new tricks to top off your knowledge base, you can begin helping businesses to grow with social media marketing.
Niche Website Ownership
Have you ever wondered how much money your favorite websites make by providing free content to readers and viewers? Surprisingly, the answer is that some large websites make thousands or even tens of thousands of dollars per month without ever charging their audiences a dime. This is done through advertising and affiliate marketing, which are methods that allow website owners to earn money when viewers click on an ad or follow a link and buy a product.
If you want to get in on a business that you can scale and grow year after year, consider niche website ownership. Building a website from scratch is much easier than you think, and is relatively inexpensive. If you want to hit the ground running with a site that is already profitable, you can buy an established website through various website marketplaces. Buying a site that is already making money will cost you much more than building your own, but it will also take much of the uncertainty out of entering this business for the first time.
If you would prefer to build a brand and sell physical products, then e-commerce might be the best online business opportunity for you. E-commerce involves purchasing goods from wholesalers and then selling them to retail customers at a higher price that allows you to make a reasonable profit. You can sell through your own website platform or through retail platforms like Ebay and Amazon.
Some of the most successful e-commerce entrepreneurs sell through their own site and through various third-party platforms to maximize sales volume. Although e-commerce is one of the most labor-intensive and costly means of making money online, it is also among the most profitable for those who become successful in it.
Think the e-commerce route might be right for you? Check out our interview with the mom and owner of Sweet Peach Kids who turned her expensive shopping habit into a successful e-commerce business.
If you're one of the lucky few who knows coding well enough to develop apps for smartphones, you have a skill with the potential to make you a great deal of money. App development is also something that can be monetized in diverse ways. You could, for example, develop your own apps and sell them through various marketplaces to create a passive income for yourself. Most app developers, however, choose to make their money in the more reliable way of developing apps for people or businesses who want to try to sell them.
Some freelance app developers can command prices of $50 per hour or higher, depending on their experience levels and skill sets. If you want to begin making serious money online in a growth market, app development is one of the best options currently available.
Teaching people new skills online has historically been one of the most reliable ways to make money in the digital marketplace, and this is as true today as it was five years ago. If you are expert in practically any subject, there's a good chance you can monetize the knowledge you already have as an online teacher.
One way to do this is to go to online teaching sites that will set you up for one-on-one teaching sessions via video call with students who want to learn what you know. Such sessions are paid by the hour. If you want to create a more passive income that will allow you to educate many students at once, consider creating video courses and putting them on course platforms such as Udemy or Skillshare.
These platforms will allow to you sell courses for prices of your choosing and profit from them each time a new student decides to take one of your courses. Online teaching definitely earns a solid spot on our top 5 Ways for a Stay at Home mom to make money online list.
In the past, "work from home" opportunities might have been replete with scams or offers that were too good to be true. But now that there are many real online jobs for stay at home moms that anyone with a little bit of (okay, A LOT of) hard work and determination can do to help support their family.
If you have been thinking of finding a way to make money online, 2017 is the year to finally take the plunge and indulge your entrepreneurial spirit. The online marketplace is ripe with opportunity for people with all types of skills and from all walks of life, so make the decision to start your online business and see what kind of success you can create for yourself in the coming year.