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Do you have any unused clothing, jewellery or sports equipment gathering dust in your drawer or cupboard? Or a piece of furniture or kitchen appliance you no longer use? There are now a number of sites, platforms and apps available to sell these unwanted items online, such as eBay, Gumtree and Facebook Marketplace. When it comes to pricing your items, make sure to check the price of similar products on the platform you choose and to take into account the original value of the item and its current condition. You may be surprised with how much people are willing to pay for your forgotten belongings.
Another way you may be able to earn money from the comfort of your own home is by offering the use of your skills to complete different tasks or projects online. For example, if you are a writer, graphic designer or developer, you could market these skills and find clients or companies online who are willing to pay you for them. There are a host of platforms (often referred to as digital or crowdsourcing marketplaces) now available to help you market your services to individuals and businesses online, such as Airtasker, Freelancer and Fiverr. When signing up for these platforms you will often have to first create a profile listing your skills and experience, and then you can usually go about browsing and bidding for particular jobs. If you are successful with your bid, you will then complete the work and be paid the agreed amount. These platforms may take a service or project fee from the amount you earn, so it’s important to be aware of these fees or charges before signing up. If you choose to use Freelancer, the company recommends to be competitive with your bids on certain tasks, particularly in the early stages when you have yet to establish a reputation, but not to undersell yourself if you believe your work is truly above average.
If you have a flair for arts and crafts, there could be money to be made in making and selling handmade goods online, such as jewellery and fashion accessories, clothing and homewares. There are a number of online platforms where you may be able to sell these items, such as Etsy, Shopify and Amazon. Before you go about turning your crafts into extra income, it may be a good idea to calculate roughly whether you can generate enough revenue from the sale of your items to cover the costs that go into making the inventory needed (e.g. materials, labels, packaging) and any other incidental expenses (e.g. fees for listing products on a platform).
If you have some spare time on your hands, an option is to complete online surveys for extra change. Some market research companies offer cash and others offer vouchers, with the total amount varying depending on the platform. You may also be able to earn additional money by referring friends to also complete the surveys. Some platforms include Octopus Group, Swagbucks, Triaba and PrizeRebel. Do your research on the platform before signing up to check its reward system works for you. Related article: 20 quirky side hustle ideas to help you make money
Blogging has become a more common method to make money online, but setting up and monetising your own blog can take a lot of work and the competition from other bloggers can be fierce. You can start a blog using a variety of platforms, such as WordPress, Blogger, Weebly, Tumblr, Wix and SquareSpace. From there you will need to start posting and build traffic to your blog and consider spreading awareness using other platforms such as social media. The more traffic your blog has, the easier it will likely be for you to then make partnerships to monetise your blog. Some ways you may be able to make money through your blog include selling advertising space, doing sponsored posts (e.g. writing paid promotional content), providing product reviews, or selling your content to other news or digital media sites. How much money you could make through your blog will depend on several factors, such as the quality of your content, how competitive your topic is, the engagement and retention of your audience, and how you can then generate traffic off that audience engagement.
If you have a teaching or tutoring background, or expertise in certain areas, you could look into becoming an online tutor. You can find online tutoring jobs on websites such as Cluey, Tutors Field, Tutify and The Tutoring Company or you can search for online tutoring gigs on crowdsourcing platforms such as Freelancer, Fiverr or Airtasker. You may also be able to teach a language, such as English, online, particularly if you are bilingual with some teaching or tutoring experience, though this may not always be a requirement.