Best Side Hustles for Teens
Often finding yourself with some extra time on your hands? Here are a few side hustles to make good use of your time and earn some cash.
Reselling on Amazon
It sounds complicated, but reselling products on Amazon can be an easy way to make some money as long as you make some good decisions. The most important part of this process is to either find a good product that is proven to sell well or an unproven product that no one is selling. For most of us, the latter would be easier, as there is way less competition. If several sellers sold the same product on Amazon, they would constantly be trying to undercut each other. Therefore, if you can find a product that is both in demand and not found on Amazon, it could be very promising. It is also important to understand that any advantages you have in selling a product could easily be taken away as new sellers come and go.
Affiliate Marketing
Affiliate Marketing is a practice where a party is rewarded for each visitor or buyer that they bring in. While affiliate marketing is very situational, if you have the right setup, you can start right away. The most important part of affiliate marketing is gaining a following either on social media or on a website. To advertise successfully, you must have a large following so that it reaches enough people. An easy way to start affiliate marketing is with Amazon Associates. Setup is easy, and it is often more successful than other programs due to the Amazon branding.
Flipping Domain Names
A domain name is a particular set of letters that correspond to a certain website. To get one, you need to buy one, either straight up if its available or making an offer to whoever currently owns the domain. To flip domains, you need to first own one. Look for domains that are likely to be relevant to buyers. After you buy and register a domain, all you have to do is look for a buyer. This side hustle takes patience, so get ready to wait months for some domains to sell. The profit can be huge though, like when the domain CarInsurance.com sold for almost 50 million dollars!
