But, you've heard enough gloom and doom so-to-speak, haven't you? I want this ChicaBlog Post to be a breathe of fresh air, sense of encouragement, and beacon of hope to you!
In light of the current uncertain circumstance with employment-rates, you're going to learn five legitimate ways to make money online. No matter if you've lost your job, or if you're interested in diving ALL in and pursuing your own online revenue stream --- this ChicaBlog Post is for YOU!
I know first-hand that starting a blog can be a massive undertaking. There’s a lot of ends & outs to blogging. But, it opens up a unique path for making money - via the sharing of information - to help an ChicaAudience that you already would want to help. And, you can utilize so many different outlets to generate cash in one single ChicaBlog Post, alone!
You write a ChicaBlog Post on the topic: 15 Ways to Boost Creativity While in Quarantine.
Amazon Affiliate (or alternative affiliate program) sales = $100
Watches Brand Partnership advertising = $300
Payment from Google Ads for YouTube video views = $200
TOTAL EARNINGS = $600
This is for one single ChicaBlog Post that you share. Imagine if you shared two ChicaBlog Posts a week with this same framework? That could equal of TOTAL EARNINGS of $1,200 a week. This is actually a minimal amount you can potentially generate overtime. But my point is, it’s so doable FROM HOME.
This process doesn’t happen overnight. It does take time.
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There is a crazy huge rise in the NEED for useful software.
This software you create could range from a specialist app used to solve a particular niche problem --- OR even a silly, time-wasting game people can play on their phone. You can truly create a massively successful business (online!) if you build software that really helps and/or entertains people.
Have you heard of the software app Slack? This was a simple, side-project at first. Now, it’s a $2 billion company in JUST two years. I use Slack to communicate with my ChicaConsulting clients - and it’s SO easy to use & very convenient!
1. You have a great idea for a software app, you validate the idea with real customers, you raise money to hire developers to build, launch, and scale your software. If everything is made right, your software will be accepted to the Apple and Google Stores. You'll then make money every time someone downloads it or pays for a premium feature.
2. The cheaper path assumes that you have the design and development skills yourself to build your dream, amazing software. Of course, this will take more time to get your software off the ground — BUT being able to lead the development of your software app lets you retain more ownership IN your business and be MORE in control of your path --- making this a lower-cost, but higher time investment towards making money with your software.
Another amazing software app example is the up-and-coming app for female entrepreneurs called Society Gal - a Social Marketplace, Where Entrepreneurs & Creatives Connect, Collaborate, Buy & Sell. I am a proud contributor to this app - and I have the pleasure of seeing it mold and grow from ground up! This app is currently in private beta. Looking forward to it coming fully available for you!
This is actually one of the OLDEST and MOST TESTED ways of making money online.
For example, sites like Shopify make it SO seamless to manage your OWN online shop by which you sell your own physical products.
SO, WHAT THINGS SHOULD YOU CONSIDER WHEN SELLING YOUR PHYSICAL PRODUCTS:
1— how much stock you’re going to carry
2— how you’re going to fund upfront purchasing costs
3— where you’re going to store your inventory.
A UNIQUE WAY TO SELL: Drop shipping: When you effectively partner with a manufacturer or wholesaler to sell their products.
RESULTS OF DROP-SHIPPING?
1— you don’t pay upfront costs to buy inventory
2— you aren’t sitting on unsold items
3— you don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shoppable products, drive in customers — and almost everything else done for you.
IMPORTANT NOTE on DROP-SHIPPING:
There’s a higher price per product and your margins are lower, BUT you’re able to start your online store with little more than a Shopify framework and some unique images of your physical products.
When a customer makes a purchase, you in turn buy the product from your supplier who then ships it directly to your customer.
No inventory. No handling products yourself. No shipping by hand. AMAZING!
(Pin this pinnable photo so other amazing Chicas will gain Value & Encouragement)
WAYS TO SUPPLEMENT INCOME WITH YOUR PHYSICAL PRODUCTS:
These platforms do take a percentage of your earrings. But, it’s a great means to market your physical products on a vast scale if you’re just getting started OR do not want to manage/pay for your own e-commerce Site.
Recently, I had the opportunity to partner with Jessica Lynn, Poshmark reseller. I shared the experience in my Instagram stories. I offered her the clothes I planned to sell/donate in exchange for payment. She received more high-quality inventory. And I was compensated + had the clothing taken off my hands. Great win/win! Not to mention I cultivated a new, amazing relationship!
You can also start selling your knowledge and advice in an area you specialize in as a Coach or Consultant.
There are TONS of people out there willing to pay for your time, If you can provide your own expertise from genuine experience.
Being an online coach or consultant is a GREAT way to make money online — instead of giving your client ongoing deliverables (like when you’re a freelancer).
You’re teaching them to be better, faster, and stronger than their competition in a 1:1 intimate experience. Your expertise actually BECOMES the product you’re selling.
The Kajabi platform has provided a seamless, hassle-free means to setup my Consulting Services. If you're looking for a platform to host your Coaching & Consulting Services, you are in total luck! Choose Kajabi.
005. Create Online Courses to Monetize Your Knowledge
Online courses are your means to package your knowledge into a high-value course and sell it for YEARS on YEARS to come.
Courses are a form of passive income — which simply means that once the upfront time and effort is put in, with just a bit of regular upkeep (and marketing) you’ll be able to continue selling and making money from them for months and years!
BASIC COURSE-CREATION STEPS:
I’ve made several online courses, and the beauty really is in the process. I recommend more of a limited-time offer Program. One that is released on a week-by-week basis for "X" weeks — to generate more accountability and encourage your ChicaMembers to stick to the Program and thus see positive results.
002. Build & Sell Software.
003. Start an E-commerce site & sell physical products.
004. Start Online Coaching & Sell Your Advice.
005. Create Online Courses to Monetize Your Knowledge.
BOOKMARK THIS ARTICLE IMPORTANT NOTE: Make sure YOU Bookmark this ChicaBlog Post to have when YOU need a place to turn in order to receive encouraging action-steps for 5 Genius Ways to Make Money Online Legitimately in 2020! Remember, Chica: Being fully in-tune with your needs, goals, and circumstances allows you to better know, love, and express YOURSELF and thus your ChicaBusiness, too. Harness your ChicaCare and have fun building very intentional self-awareness. Become more ChicaConfident in Your Unique Voice. You can even ask a fellow Chica for help if you're feeling lost or frustrated! We should EACH be strategic, intentional, and positive when we ALL come together as ChicaSisters to remind each other who we TRULY are as communal Chicas!!! 🙂
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