51 Online Side Hustle Ideas

There are 9.5 million Amazon sellers globally, and on average, they make revenue of $26,000 to $810,000 annually with $300 billion in gross sales. 

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Why it matters

Starting an e-commerce store on Amazon is one of the easiest online businesses to start, as you can use the platform to research the best product to sell and find that product. Amazon can also store and deliver your products globally without you having to worry about logistics or storage. In essence, you can outsource almost everything without a big capital outlay. 

The term for this type of e-commerce business is Fulfillment by Amazon” (or, to use an acronym, FBA).  And over the last ten years, it has become big business. 

It is perhaps one of the best online side hustles to start.

In the news

Venture capitalists noticed the rise of the Amazon FBA e-commerce market segment (they always notice a money-making opportunity), and they started raising funds to buy and aggregate Amazon stores.

In 2018, Thrasio launched as an Amazon aggregator in New York and so far has raised over $3.4 billion in funding and has bought over 200 FBA stores. They are now the top Amazon aggregator.

Starting a revenue-producing business that helps pay for your holidays, contributes to the rent, and puts your kids through college is one thing… but the real payoff comes when you sell a business and realize a large capital payback. 

So the good news?

It has never been a better time to start an online store, grow it and sell it for millions of dollars. And the aggregators are on the hunt for successful Amazon stores to acquire.

These are some of the numbers for acquisitions by aggregators: 

  • 47% of deals sell between $2 and $5 million.
  • 24% of deals close for under six figures.
  • 12% of deals sell for over $5 million.

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Online side hustle opportunities

E-commerce is just one of many side hustles you could start. Here is a list of a few more to get you inspired.  

  1. Virtual Assistant
  2. Remote tech support
  3. Coaching
  4. Online consulting
  5. Affiliate marketer
  6. Blogging
  7. Youtuber
  8. Instagram influencer
  9. TikTok influencer
  10. Sell your handmade crafts on Etsy  
  11. Online tutoring for students
  12. Launch an online course 
  13. Podcasting
  14. Social media manager
  15. Translator services
  16. Online fitness trainer
  17. Freelancer
  18. Sell your services on Fiverr
  19. Publish and sell an ebook
  20. Create and sell an online course
  21.  Start a monthly newsletter
  22. Launch a software as a service business (SaaS)
  23. Fill in online surveys
  24. Freelance writer
  25. Sell on eBay
  26. Start an online store on Shopify
  27. Sell stock photos online
  28. Teach English online
  29. Become a Beta Reader
  30. Provide Facebook ads services
  31. Buy and sell domains
  32. Sell your expertise as an SEO expert 
  33. Website developer
  34. Customer support
  35. Online nutrition expert
  36. Provide online research 
  37. Write CV’s
  38. Sell your photos
  39. Online videographer
  40. Freelance designer
  41. Create a video game
  42. Design and build apps
  43. Provide online legal advice (only if you’re a lawyer!)
  44. Write speeches
  45. Ghostwrite books  
  46. Create and sell NFTs
  47. Daytrader
  48. Sell voice-over services
  49. Edit podcasts
  50. Create a membership community in your area of expertise 
  51. Design logos for businesses

The list is large and the opportunities are endless. But the difference between success and failure? 

Action. 

Over to you.

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