Chapter 8
Working Online From Home
No doubt, a 9-5 on-site job provides more stability and structure in life, but many people still prefer the flexibility and independence that comes with home-based jobs or jobs in which you work online.
Due to the increase in technological advances, working from home has become fairly simple now, and there’s no reason why not to opt for it.
Here are some ways to work online from home:
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Amazon FBA
Amazon FBA stands for Fulfillment by Amazon and is a service that Amazon provides, which assists sellers by providing them with services of storage, package and shipment.
This way, sellers have to face less of a burden and can work more flexibly.
Sellers ship their merchandise to Amazon, where they store items in warehouses, and when someone orders them, employees at Amazon package and ship it.
This is a good opportunity for people with new businesses because since you will be working for Amazon's shoppers, you will have a higher chance of your business growing.
Amazon will ensure that your shoppers trust you right off the bat, and Amazon will do the best of all the hard work of packaging and shipment!
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Drop Shipping:
Drop Shipping is a model in which the seller doesn't store the goods that are to be sold in stores with themselves but instead contacts the seller or manufacturer directly when an order is placed, who then ships the product directly to the customer.
You can choose the products you want to sell, and your supplier can deliver them directly to your customer's doorstep.
This saves you from paying for storage space, and even packaging and delivery charges.
You can sell a wide variety of items through drop shipping.
Sign up to websites that provide you access to suppliers online to get started on building your online store.
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Fiverr and UpWork
With freelancing online becoming an increasingly chosen option for many people working online, the number of websites providing platforms for these workers has also been increasing.
Fiverr and UpWork are two of the most popular freelance platforms that provide a diverse array of opportunities for people trying to earn money online.
Both these platforms allow you to connect directly with clients who are looking for work in a particular field of work or skillset.
These platforms are quite hospitable to new freelancers as long as you follow their guidelines and term of conditions, of course.
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Affiliate Marketing
Affiliate marketing is performance-based marketing in which their businesses reward one or more affiliates for each customer or visitor brought in due to the marketer’s efforts.
All it is involved is an advertiser, publisher and consumer.
The publisher promotes the services or products being provided by the advertiser through their channels, such as links or promo codes.
When a consumer clicks on these links and buys the services or products being offered, the publisher gets a share of the profit.
You can get paid for each sale being made, for the number of clicks on the links or get paid a fixed rate for a stipulated period.
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Network marketing
Network marketing is a business model that works from home and depends on person-to-person sales by self-governing agents. For this, you will have to build a network of business partners or salespeople to help you look for leads and close sales. It is also known as Multi-Level Marketing and usually appeals to home
workers because of the independence that comes with this job. In network marketing, choosing the right company to work for is essential.
Since you'll be responsible for pitching and selling products for them, make sure the products or services they're selling are safe and legal.
Sincerity and enthusiasm will play a huge part in making this successful for yourself.
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Self-Publishing
Self-publishing is fairly self-explanatory; it is when the creator publishes a media without the use of a professional publisher.
Self-publishing is usually done of written forms of media such as digital magazines or eBooks.
The most obvious way of making money through self-publishing can sell your media.
You can earn between anything from one dollar to thousands of dollars through self-publishing, depending on how well received your material is.
There are many self-publishing platforms such as Kindle, CreateSpace, and Barnes and Nobles Press, to name a few.
Even though there is no cost for printing, publishing and distributing, royalties sold per eBook is usually not very high, and after initial sales, the number of sales generally decreases.