Many of us will struggle to think how we got by without the Internet. It’s become the automatic go-to place to research topics, interact with friends and even watch crazy cat videos – but how can we use it to make money?
1. Become a trader on eBay
The Godfather of e-commerce, eBay has been going since 1995 and boasts over a million users worldwide. The site can be used to buy and sell practically anything. The key to success here is to focus in on specific products and to be as niche as possible. Businesses that are doing well on eBay have clear products marketed to a defined audience.
2. Sell goods you’ve made
If you enjoy jewellery making in your spare time – why not turn it into a business? Services such as create.net allow you to set up and run your own online shop.
3. Start a blog
There are millions of blogs out there, but by setting one up and building a loyal readership you’ll have the potential to create an income and even a springboard to bigger and better things employment-wise.
4. Take online surveys
Answer questions, review products and get paid for it? Sounds good to us. While doing this won’t earn you thousands, you have the potential to make £200+ a year. Good sites to use include: swagbucks.com, mysurvey.com and crowdology.co.uk.
5. Set up a photo library
Whether you’re a budding photographer or you just enjoy taking nice snaps on your holiday – why not make some money out of your photographs? If you have the time and resources to set up your own website and generate traffic, go ahead – if not, upload your pictures to a site such as istockphoto.com and earn upwards of 15% commission whenever your images get downloaded.
If you want to start a new business, getting financial advice is paramount. For more information on hiring an accountant, please see our Starting a Business page.
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