Raising your kids can be challenging but rewarding. But just because you stay at home does not mean that you cannot help with the family expenses.
People tend to rely on the Internet more and more, especially now that there is a pandemic. Hence, it is not surprising that home businesses are sprouting here and there.
In the United States alone, there are about 15 million home-based businesses. And their nature ranges from online boutiques to accounting firms.
That said, there is nothing wrong with starting an online business from home. And if you do not know where you would like to venture, here are some ideas:
Online Tutorial Classes
If you have a knack for teaching, this might be the online business idea that you are looking for.
Moreover, the current pandemic has boosted the demand for online teachers and tutors. That’s because there are schools that opted to conduct their classes online. However, not every parent can manage to help their kids with homework.
This is where you come in.
You can opt to teach a specific subject like AP calculus or US history. Another option is to handle a particular school grade. For instance, you would prefer to teach any subject to middle school students.
eBook and Online Courses
Similar to providing online classes, you might also want to sell informational products like eBooks online.
This is ideal if you want to impart knowledge to people but do not have the time or resources to hold a live class.
And what’s cool about selling informational products is that you can go niche. If you are passionate about cleaning like Mari Kondo, you can write an eBook about home cleaning.
But that also means leveraging various digital marketing tactics. That’s because you will be unable to sell your eBooks and online courses if people do not know that it exists.
Luckily, there are different digital marketing strategies for small businesses that you can also apply to promote your eBooks.
Another business idea you might want to consider would be e-commerce.
What’s cool about having an online store is selling various products without the need to have a physical store. And you can sell any products, as long as you abide by the federal and state law.
Another benefit of starting an e-commerce store is that it does not have to cost much. There are affordable e-commerce platforms that allow you to DIY an online store.
But if you are not that tech-savvy, you can hire a freelance e-commerce web developer instead.
Speaking of e-commerce, an ideal venture for stay-at-home parents would be dropshipping.
What happens is that you can sell products online and forward all order details to your suppliers. From there, they will handle the product delivery.
This means that you get to sell products online without the need to rent a warehouse or worry about inventory.
And you can sell virtually any products. It is just a matter of finding a product that sells like hotcakes.
Luckily, many dropshipping guides teach you how to be successful in this kind of business.
If you have tons of items that you would want to sell, you can sell them online.
Luckily, there various online marketplaces where you can sell second-hand items. There are Facebook Marketplace and other FB groups.
You can also opt to create your online community marketplace. All you need is to find the e-commerce platform that suits your needs.
Plus, you will need to develop a screening process for potential sellers. This is to ensure the buyers’ safety and that you are not providing a platform to scammers. Otherwise, it can ruin your business reputation.
Meanwhile, starting an online food delivery business is ideal if you have a knack for cooking.
As mentioned earlier, there is a growing demand for various online businesses due to COVID-19. And since not everyone can go out to buy food, food delivery is a viable option.
Moreover, there are various revenue models for starting an online food delivery business. The simplest one would be pre-ordering a meal and then delivering it on the promised day.
If you do not consider yourself a good cook, but you know someone who is, you can opt to sell their special menu to your customers. It is just a matter of having a proper revenue-sharing model.
If you cannot handle being in the kitchen, perhaps you can opt to start an online grocery business.
What you can do is ask for price lists from local groceries and farmer’s markets in your area. Promote them online and collect orders from customers.
Once everything is accounted for, you can start buying the items, repacking them, and bringing the good to your customers.
What’s cool about this online business idea is that you help the businesses in your area. And this can help drive your local economy.
Niche Subscription Boxes
This online business idea is like the online grocery but for other items. A typical example would be curated beauty products.
Mind you, this kind of business has seen a whopping 800% increase in sales. Plus, it enables you to support other home businesses.
If you are into the beauty niche, you can opt to include a lipstick made by a friend. Now that there is a pandemic, you might want to curate cleaning products or personal protective equipment.
Online Selling can be a Worthwhile Endeavor
It is expected that more than 2.14 billion people worldwide will buy goods and services online. Hence, starting an online business can be a worthwhile endeavor, even for stay-at-home parents.
It just a matter of knowing what products you want to sell and how to build an e-commerce website.
Plus, you also need to learn a thing or two about digital marketing. We suggest you start with Search Engine Optimization and Pay-per-click Advertising. That way, you can promote the products and services that you sell online.
Do you want to start an online business from home? Let us know in the comments what you have in mind.