1. Start dropshipping
Let’s start our list off with one of the most popular ways to make money online. According to Google Trends, dropshipping’s popularity is rising, highlighting its viability as a business idea. With success stories about how an entrepreneur made $6,667 in eight weeks or how a store owner made six figures selling just one product, there’s plenty of proof that dropshipping is a real way to make money online.
If you don’t know what dropshipping is, it’s a business model where you sell a product to a customer, but the supplier stores, packages, and ships the product to your customers on your behalf. With Shopify dropshipping, you have access to millions of products that you can add to your store. Some Shopify dropshipping apps allow you to hand-pick your product images, edit item descriptions, and give your business a personalized vibe, so people will love shopping with you.
The best way to make money dropshipping? Most entrepreneurs have been focusing on a few marketing strategies:
- Running Facebook ads
- Having influencers promote their products
- Sending direct messages (DMs) to potential customers on social media
Ready to start a store but need products to sell? Handshake is where online entrepreneurs go to buy products at wholesale prices.