5 Easy Home-Based Business Ideas
There are hundreds of Home-Based Businesses, some of which are easier than others. But whether you’re a newcomer or seasoned entrepreneur, you can make money online and put some extra cash in your pocket using the following techniques:
What in the world is Amazon MTurk and how can you make money from it? Owned and operated by the world’s leading e-retailer, Mechanical Turk (MTurk) is a crowdsourcing marketplace where businesses pay “Turkers” to perform various tasks known as Human Intelligence Tasks (HITs). Upon completing the task, the Turker receives compensation in his or her account. MTurk HITs pay anywhere from $0.01 to $50.00, depending on the level of work required.
Some of the different HITs offered through MTurk include the following:
- Analyzing social media users’ sentiment
- Complete surveys and questionnaires
- Identify objects depicted in images
- Identify and classify buildings in satellite imagery
- Verify the street address and contact information for local businesses
- Perform specific Internet searches and list the results
- Identify duplicate product listings on e-commerce websites
- Write comments and blog entries
If you really want to earn some serious cash online, you should consider Affiliate Marketing. With Affiliate Marketing, you earn a commission (either flat rate or percentage) for selling other companies’ products and services through Online Marketing. Assuming you have a website, simply advertise your Affiliate Links, at which point you’ll make money whenever someone follows the link and buys the product or service.
Another simple way to make money online is Drop Shipping. Drop shipping is similar to Affiliate Marketing in the sense that you sell a product for another company in exchange for commission. You advertise a product on your website, and when a customer buys it, you send the details to the respective manufacturer or distributor, who then ships it to your customer.
What makes Drop Shipping different from Affiliate Marketing, however, is that YOU are typically responsible for fulfilling customer orders. If you fail to forward a customer’s order, that customer will end up paying for a product that he or she never receives.
Originally launched February 2012, Fiverr is an online marketplace that lives up to its namesake by focusing on $5 jobs, known as “gigs“. You probably won’t make enough to quit your day job, but selling gigs through Online Marketing can certainly put some extra spending cash in your pockets. And furthermore, Fiverr recently changed its policy, allowing sellers to increase their base price to $25, $50 or $100 (Note: Fiverr takes a 10% cut from all sales).
I know what you’re thinking: How am I supposed to make money on Fiverr without any skills or experience? Well, the great thing about Fiverr is that you can post gigs for just about anything. Popular gigs include voice acting, logo design, banner design, content creation, social media marketing, resume creation, language translations, press release creation, drawing, copy editing and much more.
There are more than 110,000 Forums currently on the Internet — a number that’s growing larger with each passing month. Many of these forums need Moderators to, well, moderate users’ posts. When spammers, hackers or other nefarious individuals join a forum, it can hurt the forum’s reputation and overall quality. A forum moderator, however, ensures all users comply the forum’s rules and regulations, banning repeat offenders.
You’ll likely need some basic HTML coding experience when working as a Forum Moderator. Assuming you have the skills, this is a great way to make money online. Check out Indeed.com for a list of forum moderating jobs.