How to Sell Products from Home to Earn an Extra Income

The cost of living and raising a family is ever-increasing and if you’re feeling the financial stress, you’re not alone. It can be hard to make extra money, especially when you are restricted by the everyday responsibilities of being an adult. But the age we live in can offer you a variety of options to help you make extra money without leaving your home. Read on to find out how to sell products from home to supplement your income.

1. Get Your First Great Idea

making your own skincare products

If you’re wanting to sell products from home, you will need to spend some serious time brainstorming. You should ask yourself questions like what do you enjoy? What are your talents? If you are selling or making something you enjoy, you are more likely to feel and become successful.

For example, if you are passionate about crafting, cooking, or other creative artistry, maybe you should consider making your own products to sell. If you are passionate about jewelry, fashion, home décor, health and wellness, and makeup, maybe you could consider direct-selling these types of products.

2. Get to Know Your Products

Before you learn how to sell products from home, you should get to know your products. Any successful business person knows that you cannot just sell any product, and there a few things you should focus on. The product you are selling should be chosen based on these 3, core factors:

  • Cost: You want to be able to make a good profit off of each sale, so you should focus on products that do not cost much to manufacture or buy. Beware however, since you need to balance cost and quality properly.
  • Portability: If you are selling products from home, you will need to maximize your shipping-capabilities. The products should be able to be shipped easily and affordably.
  • Convenience: Surprisingly, this may be the most important factor because no matter what type of product you sell, it must be something customers need. The product should make life easier and/or better in some way.

3. Know Your Target Market and Educate Yourself

know your target audience

Products are marketed to more specific people for a reason. Women are more likely to buy jewelry/fashion, and maybe men are more likely to buy products that make their jobs/personal lives easier. No matter what product you choose to sell, you need to educate yourself about who you are selling it to. This target market is who you will primarily focus your marketing and advertising to.

You should also familiarize yourself with the product’s general market. Is the market for these products competitive? How competitive? What could you do to set yourself apart?

4. Find the Right Business to Join/Start Making Your Product

After you have decided what type of product you may want to sell, you need to figure out how you will do it. If you are making your own products to sell, you should start making them and testing them on possible customers (family, friends, etc.). This can give you a good base to start from to test out how your products are liked, factors you should changes, and possible price-changes.

If you have decided to sell already-made products through a direct-sales company, do so with care. Do research on various companies, their pay, their requirements, and all of their fine-print. You can find a variety of reputable companies that allow you to sell their fashion, jewelry, makeup, health, and other products from home.

5. When You Can, Always Buy Wholesale

If you have to purchase products or items to make your products, you must approach it with a good business sense. When you buy wholesale, you can buy large amounts of items for a lower cost per item. This means spending more money up-front, but also gaining more back in profit with each sale. Shop around and never purchase more than you can handle selling.

6. Become a Savvy Business Person

online bank transaction

Learning how to sell products from home means you will need to become your own accountant, bookkeeper, and manager. If you are serious about selling, try opening a new bank account that is only used for work-purposes. This makes everything easier when it comes to taxes.

Obviously, you will always need to arrange for a way for customers to actually buy your product. Figure out how you will receive payment and ensure your customers’ transactions are always safe. You should also familiarize with business software to keep track of your revenue, expenses, and more.

7. Market Your Products (and Yourself)

In today’s world, it’s all about how you market your products. You can create your own website, use social media, advertise locally, make business cards, and put yourself out there. You should encourage everyone you know and all of your customers to review your products, distribute cards, and invite their friends to take an interest.

8. Respect Your Customers

Successful entrepreneurs know that taking care of your customers should be your top priority. When a customer places an order, you should make sure the product is shipped expeditiously and with care. The package should be presented in a way that makes a good impression when it arrives. If a customer is upset with their order, always offer refunds or exchanges. This aides in having a great relationship with customers.

9. Keep Branching Out

When you are just beginning, you should consider starting out with only a few products. Once you get your feet wet and start to really understand your side-business, start branching out. It can be profitable for you to start extending your product-base and offering a wider variety of options. As you keep extending this base, you can start moving up to bigger and better things.

Summary

Our current society has created the ideal environment for people to be able to make a little extra money from home. If you are among the many that want to get your hands dirty learn how to sell products from home, remember to do your research, maximize your profits, and always stay ambitious.

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How to Sell Your Clothes Online Now that You Are a Stay at Home Mom

As a stay-at-home mom, you might be wondering how to help build up your bank account while still taking care of the kids. Working at a traditional job might be out of the question for several reasons. However, that doesn’t mean you can’t make your own money. One of the best sources of quick cash may well be as close as your own closet – and, particularly, the clothes within.

Figuring it out how to sell your clothes online is the modern alternative to taking your clothing to a consignment shop. You get to clean out your closet and make money at the same time. At the same time, many women who might actually wear your old clothing can get a good deal. This article will detail the steps you need to take to make sure you can sell your clothes online and still turn a profit. Doing so could be a great way for you to help build up your own personal funds.

light hanger of steel with silver crown , clothes for women

How to Sell Clothing Online

On a basic level, selling clothing online is simple. There are dozens of stores you can use, some of which will even take the clothing off your hands without a buyer.

This is usually a way to make some quick cash. However, you shouldn’t opt for this solution if you want to get the entire value of your assets. Therefore, you should be looking to sell clothing directly to your buyers. Instead of putting yourself in a position where you only provide the product to a middle-man, you can make a profit off of anything you sell.

As you might imagine, this is usually a better fit for those who have a closet full of clothing that they never wear. This is usually helpful if you’ve got relatively recent styles that are a bit too big or too small for you. Even more vintage clothing can find buyers online.

If you’ve recently given birth, you might also want to think about selling some of your maternity clothing. Not only will you probably not be wearing it again in the near future, but there is a huge market for maternity wear. Below are 7 tips you can use to make sure you get the most out of your attempts to sell your old clothes online.

Sort Your Clothes

Before you figure out how to sell your clothes online, you have to asses all the products you can sell. Go through your closet and set aside the clothing you want to get rid of first.

This clothing should be relatively in-style and must be in great condition. As a rule, if you wouldn’t pick it up at a store, your potential buyers probably won’t be happy to take it off your hands.

Do Market Research

The fact is that learning how to sell your clothes online is as much about knowing the market as it is about having the right clothes. Go look at other sellers and figure out what they’re selling and who they are charging.

Don’t try to sell clothes too far out of season. Moreover, make sure you know exactly what is in style and what’s fallen by the wayside. This will make selling much easier on you.

Learn about Shipping

Shipping is something that often hurts a seller’s bottom line when you are learning to sell your clothes online. Shipping costs can be huge, especially if you are conducting business across the country.

Go ahead and go online to figure out how much it would cost to ship a particular item cross-country. Know that you may need to factor at least that much of a cost into every item you sell. If the cost is too prohibitive, you might need to shrink your potential audience down to a local market.

Go Social

Another key part of learning how to sell your clothes online is learning where to sell. Your primary marketplaces are going to be through social media. Use sources like the Facebook marketplace to make sure you can sell to people in your area. Not only is this a good way to get a quick sale, but it’s a great way to save on shipping.

Track Prices

blank price tags of different shapes and colors

Go online and start looking for clothing prices in your area. If you are charging more for an old shirt than a new shirt costs, you’re either selling a great vintage piece or you don’t really want to make the sale.

Prices always fluctuate in stores. Therefore, make sure you’re willing to change your own prices online. It’s a quick way to make sure you keep ahead of the market.

Check eBay

While working with free online services is great, don’t forget about eBay. The auction site will give you access to more customers than almost any other platform, but at a price. You’ll have to pay a fee to list your clothing and you’ll have to list your shipping costs ahead of time. As a result, there is some risk involved.

If you think you can get a great price for a certain outfit, though, there’s no better place to sell. If you want to know how to sell your clothes online for the biggest profit, this is where you’ll want to look.

Know Your Margins

The last key part of learning how to sell your clothes online is understanding your own profit margins. While selling new clothing might seem like it’s all profit, the truth is you’re really only making money on certain transactions. In time, you’ll be able to understand the exact point at which putting together a package is no longer worth the effort. Once you gain enough experience, you can become one of the mom entrepreneurs people look up to.

In Conclusion

As you can see, selling clothes online isn’t as easy as just posting an ad and forgetting about it. If you are willing to put in the work, though, you can make quite a bit of money off of the products that are just sitting in your closet waiting to be worn.

Make sure to follow all 7 of the steps listed above and to keep your eye out for changes in the market. The more you’re able to handle this for yourself, the more money you’ll ultimately be able to bring to the table. Now that you know how to sell your clothes online, get out there and start selling!

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How to Test Free Products for Money for an Extra Source of Income

It can be exciting to get a chance to test out a product that no one else has ever used. While most people will probably never be chosen to test-drive a brand new car or to try out the latest smartphone, it’s easier than you think to start testing out more mundane products. In fact, there is a thriving community of people online who test free products for money.

This is a great way to make a little extra money. Not only do you get access to interesting new products, but your review of the item can help you to build up your savings. It’s an ideal job for a stay-at-home mom, especially because it takes relatively little time. The hardest part is getting started. However, once you establish your own system, you’ll be able to test products at whatever pace you like.

happy stylish woman tests new in store fragrance with a perfume sample

 How to Test Free Products for Money

Testing free products is actually a very important part of the product design cycle. You’ll be among the first people to see a new product and determine how it holds up in the real world.

While you probably will spend most of your time dealing with household items, some of the items that start out with at-home testers end up being big sellers later down the road. This can be a fantastic way to try something new while still earning you a bit of money on the side. It’s not enough to replace a full-time job. Nonetheless, it can give an important source of extra income.

It’s important to note that getting started in this field can be a little harder than you might think. It’s not that there aren’t plenty of companies out there that want your help. However, there are many scammers out there take advantage of people who want to test free products.

As such, a list of tips has been compiled that will not only help you figure out where to find the free products to test, but also how to make sure you are working with a legitimate company. Below are 7 tips that will help you to get started and stay safe at the same time.

1. Use Common Sense

The real key that you must remember when you decide to test free products for money is that some deals are just too good to be true. No one is going to give you a free iPhone and a thousand dollars just for entering your name into a system. If you think that a deal is too good, there’s a very good chance it’s a scam. It’s better to turn down a great deal than to be suckered into a scam.

2. Do Research

Spend some time at your computer doing research about the companies that will let you test free products for money. If you get an offer, search for the name of that company. You want to make sure they haven’t been involved in anything shady.

The good news is that a quick search will give you most of the information you need. It’s the first place you should start when looking for good testing programs.

3. Join Online Groups

Now that you’ve done your general research, you can start networking. There are hundreds of online groups full of people who test free products for money, so join up with one.

There might be local groups on social media platforms or national groups that you can find online. These will be your best source of recommendations. Take anything you read there with a grain of salt, but do use these resources when you can.

4. Check Rates

Always make sure you check the rates for the work you do. Rates vary wildly for testing different products. You do want to make sure that the money you are paid is worth your time.

Always make sure that you read the fine print on any contract. The last thing you want is to be paid in coupons or gift cards to a store that’s not near your home. If you deem the contract as trustworthy, you can add a new entry to your freelance work from home.

5. Sign up

The sign-up process to test free products for money is usually made to weed out most of the applicants. If you get a chance to sign up, do so quickly and answer the survey questions as truthfully as you can.

Even if you get turned down from one product test, your information might still be used to help hook you up with another product. The goal is to keep signing up until you eventually get to test out a product.

6. Work Quickly

woman with glasses biting on a crayon in front of laptop

Always make sure to adhere to the time frame agreed upon in your testing contract. You might have anywhere between a few days and months to test the product. As always, it’s better to err on the side of speed.

The faster you complete the assignment, the faster you can get paid and the faster you can move on to the next test. Make sure to provide valuable feedback, though, so the company knows that you are a useful product tester.

7. Keep in Touch

Once you get done with a product test, keep in communication. Keep on filling out surveys and make sure to regularly e-mail the testing company to see if they need your help.

The worst that can happen is that you’re turned down. At the same time, a best-case scenario will help you to test free products for money sooner than if you waited around for an offer. The companies that do the testing may have a specific cycle in which they test. Therefore, it’s a good idea to stay in contact with multiple companies at a time.

 In Conclusion

Choosing to test free products to make money can be a great way to get paid if you are smart about your choices. Follow all the tips above and make sure to stay away from anything that makes you feel uncomfortable.

Those who test products often can make a good bit of extra money. As a result, make sure to get as involved in the process as possible. Now that you know what to do, you can get out there and start making money.

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How to Open Your Own Phone Answering Service for Small Business from Home

Ever caught the entrepreneurial spirit and wished to open a phone answering service for small business? A lot of small business owners have a hard time with keeping an individual staff for 24 hours per day and seven days per week. They must address the requirements of the client as soon as they can to keep away from losing their business.

Therefore, outsourcing the office calls has become one of the ways that businesses can help to serve their clients in an affordable manner. This practice opens the door of opportunity to anyone who wants to serve clients in an affordable fashion. As a home-based business, you don’t have to invest as much capital. All you need is a computer and telephone bandwidth. This way, you can meet the incoming needs of phone calls. Let’s take a closer look at the minutiae of starting such a career path.

beautiful woman working at home talking at the phone in front of computer

How to Open Your Phone Answering Service for Small Business from Home

Luckily, this is a low-cost business. As a result, you will only have a few expenses with it. Some of the supplies you will need include:

  • Desk.
  • Fax machine.
  • Computer.
  • Printer.
  • Basic office supplies.

How much you spend depends on what kind of quality you want to enjoy with your office supplies. Usually, people want something a little above average. You might also want to invest some cash in a client retention management program. This tool will link some of the specific incoming phone calls to a single business.

If you’re looking at a realistic budget for all the equipment and supplies, you can expect to pay anywhere from $2,000 up to $10,000, depending on your needs. You will fix your rates based on the hours you will work for each client. For example, you might have a plumber who wants you to take incoming calls. You can accomplish this work for the standard work hours. As a result, you will earn around $100 per client a month for answering a specific number of phone calls.

Now that you know the basics, you can proceed to discover 8 tips on how to open a phone answering service for small business. These guidelines will show you what you need to do to have your new income source up and running from the comfort of your home.

Tip #1 Join a Marketing Network

To bring in customers, you will need to join a local networking group to learn how to market your business. You can join a business association. Such a group will help you to meet with the small business owners of your region. These are people who might be looking for services such as yours.

The best way to get them to remember you is to have a business card and a professional website. This way, you make it easy for people to contact you. You might also send out a newsletter or postcard to bring in the clients.

Tip #2 Look at Call Volume

As you set a price, look at the call volume. Clients with a larger number of call volume should be charged more than those who send a fewer number of phone calls in your direction. A higher call volume will also keep you busier for longer. This means the price should reflect how busy you will be during this time.

Tips #3 Speak with a Lawyer on the Contract

Before you begin to work with someone, first speak with a lawyer to have a good grip on the setup. This will tell you what to expect. The lawyer will keep your best interests in mind when reviewing the contract created for a phone answering business for small business.

Tip #4 How to Find the Best Prospects

Some of the best clients to go after will be the construction companies, doctors, electricians, and plumbers. Any of those businesses where you have someone “available 24/7″ will be a good client to recruit for your customer database.

They will often need someone to help with their calls day and night for they can’t always be on the phone. Technological advancement has made this an even better opportunity.

Tip #5 Add a Personalized and Friendly Touch

This will make all the difference in whether you win a client over or not. When it comes to professional phone answering service for small business, some of the specific things you will do include taking messages, delivering specific messages to the caller, and providing them with basic information. You will also clarify the intent of the phone calls so that your client can organize and arrange a meeting with their customers.

Tip #6 Working It into the Schedule

When you first start, you may not want to work 12-hour days because this can feel like a bit much when you do it by yourself. Instead, it might be a wiser choice to look for businesses that operate from 9 am to 5 pm or 6 pm. It makes it easier for you to do your job while still fitting everything into your family’s schedule.

Tip #7 Decide on How Many Clients You Want

happy business woman selecting digital profiles of people

This is because the number of clients that you take will dictate how to set up your service. For example, if you only plan to have between eight to 10 clients, you may just want to have separate phones for each client with each phone marked.

However, if you plan to have more than that, you will probably want to have access to a switchboard. This will make your operation cost more. On the other hand, it will be more effective with space. The switchboard can help to accommodate a larger amount of business activity.

Tip #8 Take Care of the Legal Side of Your Business

Finally, you should look at the financial and the legal end of your business. For example, check with your local zoning office to be certain you can run a home-based business. In some cases, you might need a specific permit to be able to operate a business in the area. However, a phone answering service for small business will be less of a nuisance than, say, drum lessons. As a result, you should have an easier time getting a permit.

You will also want to speak with a tax specialist. You want to get as many tax deductions as possible when you run a phone answering service for small business because the rules and regulations will be different.

In Conclusion

In a world where the market is overcrowded, small businesses need to be there for their clients and potential customers at any given moment. This is where you come in to take advantage of some of the best jobs for stay at home moms. You can declutter their schedule by being their representative via phone. A phone answering service for small business allows you to open a handsome source of income without leaving your home.

If you made up your mind to start a new career, this concise guide can show you where to start. On the other hand, if you are already working in this area, do share your professional experiences with our readers. We’d love to hear from you!

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