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14 Excellent Home Business Ideas to Make Money Online in 2020

Operating a home business is becoming a common practice.

Making an average of $500,000 a year, it’s no wonder people are starting their own businesses on the internet.

Freelancing is also becoming a prevalent phenomenon. If the number of freelancing people keeps rising, there will be more freelance workers than traditional hires by 2027.

And, let’s face it – working from home is an appealing idea. Other than cutting commute time and costs, you get to be your own boss and control your own schedule and income. You can also make more time for your personal life and interests.

But starting a successful business from home is practically impossible without a website.

With more customers looking for small businesses through search engines, having a website will help to reach your market.

Furthermore, more freelancers are looking for opportunities online. Creating a professional website will help you stand out among your competitors.

If you want to start your own home business, we have some creative ideas up our sleeve.

Home Business Ideas That Pay

We’re going to discuss some home business ideas based on what you need to prepare for the job, where to look for opportunities, and how much you’re estimated to make.

1. Ghostwriter

A ghostwriter is an author that writes content under someone else’s name.

Nowadays, people typically hire ghostwriters for content on social media, blog posts, newsletters, or anything related to personal or business branding. On average, ghostwriters make about $64,421 per year.

If you already have writing and researching experience, ghostwriting could be the job for you – as long as you’re okay with not having your name on the final product.

You can set up a writing portfolio and send pitches to potential clients.

You can also find ghostwriting jobs on online job boards. Reedsy is a great marketplace to start if you want a gig in the publishing industry.

2. Content Writer

Content writers are always in high demand. With more businesses going online, employers need writers to craft their online marketing content.

This job usually overlaps with other writing positions, such as technical writing and copywriting. But in general, you’ll be writing in the voice of your client’s brand to create content on web pages, blog posts, FAQs, and other platforms.

Since content writing is part of digital marketing strategies, you should also learn how to implement best SEO practices into your workflow.

A part of the job involves getting more people to read and engage with your content to raise brand awareness. Getting familiar with SEO will help increase your client’s website’s organic traffic.

Find content writing jobs at marketplaces like Scripted and Remote.co. They provide tons of freelance content writing opportunities from reputable clients.

You can expect a starting salary of $31,000 annually. But with several years of experience, you could be making $54,895, on average.

3. Blogger

If you want to combine passion with business, blogging could be the job for you.

These days, however, you can’t just rely on your writing skills and niche to make money by blogging.

Bloggers mostly get their income from affiliate links, sponsorships, merchandise, online courses, and more.

Thus, it’s really important that your blog has a sizable following and a strong online presence. After starting your blog, focus on creating high-quality posts, building connections with other bloggers, pitching partnership ideas to businesses, and growing your readership.

Also, you have to learn some basic technical skills and digital marketing strategies. This will help optimize your blog for search engines and get you more traffic as a result.

You can also guest post for company blogs. Content writing on blogs remains a vital tactic for business marketing. Though some do not offer financial incentives, these blogs can get you more exposure.

So get a website, start writing, and make connections.

There are tons of online blogging tips and courses from bloggers like Sue Dunlevie if you need assistance. Before you know it, you could be making $40,173 with your blog annually.

4. Copywriter

Copywriters have a slightly different focus than content writers. They craft promotional content for businesses – from ads, website copy, newsletters, social media, and more. Most importantly, they must create content that persuades.

Typically, copywriters are creative individuals. They are detail-oriented and able to communicate well with different teams and clients.

If you have experience in copywriting at an agency, consider starting a freelance business from home. Create a portfolio to show off your best work and spread the news on social media to attract potential clients.

However, if you’re new, you can create your own copy from scratch to build your portfolio. Or, get some ad or social media copy for your friends or family members going.

Then, look for freelance copywriting jobs at Scripted or PeoplePerHour.

Once you’ve built a solid clientele and an impressive portfolio, you can expect a yearly salary of $62,593.

5. Dropshipper

Want to start an online shop? Try dropshipping. As a dropshipper, you can create a store without dealing with warehouses first-hand. You only need to be the merchant that connects your customers to your product suppliers.

To be a dropshipper, you have to work with wholesalers who are willing to have their products displayed on your online store. When a customer orders a product, you will contact the supplier to have them send the product directly to the customer.

Dropshipping has low startup costs. Also, it’s quick to get started and location-independent too. All you need is an online store and access to supplier directories like Salehoo. Additionally, it’s recommended that you pick a niche market to maximize profit.

However, you also have to wear many hats. One, you need some technical knowledge to manage your online store. Two, you have to be able to handle customer inquiries or complaints in case there are shipping or inventory issues.

There are no clear estimates for how much drop shippers make in a year. But if you can manage your business well, this job can generate about $100,000 in profit.

6. Podcaster

Podcasting is on-trend. About 150 million people in the US listen to podcasts monthly, and this number just keeps on growing.

In a way, podcasting is similar to blogging.

The difference is that you’re creating content in audio form. If you prefer speaking to writing, podcasting could be the right platform for you.

To start a podcast, pick a niche that has a growing audience. Then, there are several things you need to invest in.

First, you have to get a set of audio equipment and software for audio editings, like Adobe Audition, or a similar alternative.

Second, you need a website to host your podcast. Though there are podcast hosting platforms, you will have more control over your content and monetization when you have a website.

Then, you can list your podcast episodes on Spotify or Apple to boost your listenership.

When you’re just starting, you can make money with podcasts by doing affiliate marketing. Alternatively, set up a membership on Patreon.

Once you’ve grown your audience, consider joining podcast advertising networks such as AdvertiseCast or Midroll.

The amount of profit generated from podcasting varies greatly. The most successful podcasts can make up to hundreds of thousands of dollars in a year.

For others, it might take a while to generate profit at all. But as long as you keep making high-quality content, maintain your marketing, and monetize your podcasts, you could be making a decent income.

7. Affiliate Marketer

We’ve mentioned affiliate marketing several times – but what exactly is it?

Affiliate marketing refers to promoting a product or a business and gaining a fee from that promotion. You can find many influencers, bloggers, YouTubers, and podcasters doing affiliate marketing related to their niche.

However, you can actually build your own business entirely based on affiliate marketing – as long as you have a platform to recommend new products and build your audience.

Usually, affiliate marketers would use blogging or social media to promote products. But you can start your own email lists and send newsletters about your recommendations to your subscribers as well.

There are several ways affiliate marketers get paid. Some merchants will give you commissions per sale or per lead. Or, they’ll pay you every time someone clicks on an affiliate link.

Nowadays, many businesses have their own affiliate programs, think Amazon. There are also sites like ShareASale that compiles lists of available merchants who provide affiliate programs.

Generally, it will take some time to make money from affiliate marketing. The income varies with each affiliate program and marketing tactics used, but estimates say you can make about $50,592 per year.

8. Online Tutor

If you have teaching experience, becoming an online tutor or starting a course could be the perfect home business idea.

Online tutoring aims to help kindergarteners, school students and college students with their classes, just like traditional tutoring. But some also offer classes for professionals.

Online courses, on the other hand, have a wider selection of topics – from business, tech, design, art, to almost anything you can imagine. Thus, online courses can be great if you have unique expertise to share.

If you have never taught before, you can start by deciding the learning outcomes. These are skills or knowledge your students should have when they’re finished with your course.

Then, structure a course outline to determine what materials are relevant to the outcomes.

With your own online tutoring or course website, you can choose the method of teaching. You can use videos, write tutorials, or do one-on-one calls with your students.

If you already use an online education platform like Udemy or CourseHero, your website can be used for hosting exclusive or premium classes.

Online tutors can expect to make about $23,867 a year.

Meanwhile, there is more disparity among the earnings of online course instructors. Yet, on average, you can expect to make between $25,000 to $50,000.

9. Virtual Assistant

Do you have great self-discipline and time management skills? If so, you could be a virtual assistant. You’ll handle everything an assistant does but from the comfort of your own home.

As a virtual assistant, you’ll do any administrative tasks upon your employer’s request. From replying to emails, scheduling, booking appointments, researching, to shopping.

Other than that, expect to do tasks you’ve never done before. You might have to manage a blog, website, social media accounts, or even an online store. Some might want you to handle customer relationship management too.

That being said, you have to be willing to learn on the job. On the bright side, you might end up with new skills that other industries are looking for as a result.

To start your career, you can build an online resume of your past experience and skills that can be useful as a virtual assistant. Then look for jobs at boards like FlexJobs and Indeed.

Approximately, you can make about $37,500 annually being a virtual assistant.

10. Graphic Designer

The demand for graphic designers is higher than ever. They play an important role in visualizing a brand’s idea and make it appealing to its audience.

If you don’t have a degree in graphic design, sign up for classes online to get started. Make sure to get the right hardware, like a computer, a creative tablet, and a digital pen. Lastly, familiarize yourself with graphic design software, such as Adobe Creative Cloud.

On top of that, graphic designers must have good communication skills. You have to be able to understand your client’s needs and translate them into a visual.

Having a visually-attractive portfolio website is a must. You can start by creating mockups for an imaginary company to build out your portfolio.

When you’re ready to go ‘pro’, sign up on design job boards like Coroflot and CreativeGuild to look for freelance opportunities.

Also, use your Instagram to show off the latest updates of your work. This way, you can network with other designers, businesses, and enthusiasts to get more job opportunities.

After getting past the entry-level phase, you could expect a yearly salary of $49,174 as a graphic designer.

11. Web Developer

If you’re interested in becoming a freelance web developer, you’re in luck. Dubbed as one of the hottest jobs in the market, the need for web developers is expected to grow and grow.

Essentially, the job of web developers is to build and manage websites. Some developers are tasked with maintaining the front end, and others the back end. Meanwhile, developers who have skills to handle both are called full-stack developers.

To work in web development, you need to learn various programming languages, along with HTML and CSS. For beginners, it’s recommended to start with front end languages first before learning about the back end.

These days, there are many online education platforms for web development. Websites like Codecademy and Treehouse can help you start your journey.

Once you have developed your skills, create a portfolio for your projects. Then apply for jobs at boards like Stack Overflow to find remote work opportunities.

On average, you can make about $79,154 annually after a few years in web development. If you have a high-demand specialty, your salary might go up to $140,000 a year.

12. Social Media Manager

Every business needs social media for their branding and marketing. If you are good at managing and building your own social media accounts, this job is for you. Having experience in marketing and writing is also a benefit.

As a social media manager, you’ll create social media strategies that can communicate your client’s brand and engage with the audience. You will also supervise the growth of the account and respond to messages.

Some additional requirements include photo editing skills, SEO knowledge, and content management.

To show off your skills, try building a following for your own accounts as a social media manager. Then make a portfolio that displays your personal brand on Instagram, Twitter, Facebook, and other sites.

Once you’ve grown your clientele, you can include other social media accounts you have handled to your portfolio.

As a starting point, find remote social media manager jobs at directories like FlexJobs and SimplyHired.

Or, send pitches to small businesses and ask if you can work for them. Use this opportunity to start getting experience for your resume.

Once you have two to four years of experience in social media management, you can earn an approximate annual income of $56,609.

13. Editor

Writers and editors go hand-in-hand. An editor’s task is not only to proofread for grammar and style.

They also check for facts, come up with content ideas, and evaluate materials based on how interesting they are to readers.

There are many types of editors. A developmental editor assists writers with their content and structure.

Copy editors, on the other hand, help verify facts, proofread, and ensure the text’s style follows the publication guidelines.

As a freelance editor, you can choose your own specialization.

Having editing experience will help in establishing your career as a remote editor. Or, if you’ve been writing for a while and want to jump into editing, you can find online courses on how to become a freelance editor.

Regardless, collect all your past editing work to create a resume and portfolio to strengthen your credibility.

When starting out, you can find freelance editing jobs at sites like Freelancer. On average, self-employed editors make about $50,000 every year.

14. Translator

Can you speak more than one language? If so, consider becoming a translator.

If you’ve never translated before, sign up for some online translation courses to get started. Then start your own translation projects. You can try watching an English-speaking movie and writing up your own subtitles.

It’s also recommended for translators to pick a niche. This will determine which skills you want to develop. Additionally, if there aren’t many translators in your niche market, you can charge higher rates.

Once you’re ready, establish your business with an online resume and portfolio. Then, look for freelance translating jobs at marketplaces for translators like ProZ.com. Or, you can join translation networks such as Translated.

How much you make will depend on the languages you choose. Rare language combinations mean the translation will cost more. But generally, you can expect a yearly salary of approximately $49,595.

How to Ensure the Success of Your Home Business

One way to make sure your business succeeds is to get yourself a website.

Today, 97% of users go to search engines to learn about a business. Thus, a website functions as a hub for users to get to know a business or brand.

You can provide the necessary information to establish your credibility so that potential customers want to do business with you.

When you have a website, the probability of attracting potential customers will also get higher. You can use the best SEO practices to get your site to rank higher on search engines.

Or, launch a PPC ad campaign so that your business has a better chance of reaching the targeted audience.

Your website can also be transformed into different platforms, depending on your needs. It can be a portfolio, an online store, a blog, and more.

For instance, you can create a booking page for your services on your website. That way, your customers can arrange for your services from their mobile device anytime.

And don’t get discouraged before you even start. Creating a website is now quick, affordable, and easy.

Website builders like Zyro allow you to create websites without any technical knowledge, thanks to its user-friendly interface.

How to Create a Website for Your Successful Home Business

Here’s how you can build a website for your home business with Zyro.

Zyro Website Builder for Home Business

1. Sign Up to Zyro

First, create a Zyro account and choose a payment plan according to your needs.

If you want to test how Zyro works, stick with the free plan. You can upgrade to a premium plan when you’re ready.

The premium plan costs $2.99/month and comes with features to support your business site.

With 3GB of bandwidth and 1GB of storage, your website can load faster and handle more content. Also, you’ll get a domain transfer and ad removal to keep your home business website looking professional and on-brand.

2. Pick the Right Domain Name for Your Home Business

Next, get a domain name. It’s recommended for businesses to purchase a custom domain with its own TLD to establish credibility. Otherwise, your URL will be yourdomainname.zyrosite.com.

Most businesses would include their brand name in their domain. If you haven’t decided on a business name, you can use the domain name generator to get you there.

Your domain name must be short, simple, and catchy, so people can easily remember it. Make sure it’s also relevant to your brand.

Don’t worry if you get stuck – Zyro has a domain name search tool to help you find a good and available domain.

Remember to also pick the right domain extension. Most commercial sites would go with .com as it is the most used extension – what people would expect you to use. You can also go for .xyz or .online as they are considered as good alternatives to .com.

3. Create a Logo and a Website for your Home Business

Before making your website, you’ll need a logo for your home business. Go to the Zyro Logo Maker to begin. You’ll find various shapes and layouts to experiment with. Don’t forget to add your business name and tagline. Once you’re satisfied, you can download your logo to your computer.

Zyro Logo Maker for Home Business

Let’s move on to your website. On Zyro, go to the Templates page and choose one. In this case, we’ll use the Fashion Pop-Up Store template. Select Start Building on the thumbnail. And you’ll be led to the Editor page.

Now, start customizing the content. With the Zyro website builder, you can click on any element of the page and edit its content. For instance, if you want to change the page title to your business name, just select the element and click Edit Text.

Edit Text on Zyro Template

The same goes for buttons, images, and paragraph texts. If you need more content, add more elements from the top left side of the page. You can add videos and maps to your website as well.

Add Elements on Zyro

To change the images, click on one and select Change Image. You can either choose a photo from Unsplash or upload your own.

Unsplash Images on Zyro

If you’re not confident in your copywriting abilities and don’t want to write paragraph text, let AI Writer take care of it.

This AI-driven tool will generate professional, SEO friendly content for your site, based on the requirements you put in. Start by selecting the topic, category, and paragraph style.

Zyro AI Texter

Click Generate text to see what the tool has come up with. Select the content option that you’re happy with and edit it to match your brand.

When you’re done with all the edits, go to Settings on the top left side. On the General Info tab, you can edit the site’s title and description, as they appear on search engine result pages.

If you want to connect your domain to your website, you can do that from the Domains tab.

When you’re finished, go back to the Edit page and click Publish site. Your website is now live.

Make Money Online with a Home Business in 2020

Whether you want to be a graphic designer, a dropshipper or a podcaster, starting your own online home business today is not that hard.

With Zyro, you’ll have a home business website up and running in no time.

To create a website with Zyro, you need to:

  • Sign up for an account
  • Pick the right domain name for your business website; make sure it’s simple, catchy, and relevant to your brand
  • Create a logo with the Zyro Logo Maker
  • Build your website; remember to use the AI tools to help you with creating your website content

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