Hobby’s are great! The difference between a hobby and a job, is usually the fact that you get paid to do a job, and you pay something out to enjoy your hobby. Whether your hobby is knitting, surfing, restoring vintage cars or photography, there are several ways that you can make money online.
- Etsy -> I’m going to get this one out of the way up front. If you’re making or designing something this is a great marketplace for your product. The great thing about Etsy is it’s popularity and it’s status as boutique products, which allows you to charge premium prices. Your only challenge will be taking high quality photos and writing engaging descriptions of your work. Etsy is free to join, however you pay $0.20 to publish a listing to the marketplace. A listing lasts for four months or until the item is sold. Once an item sells, there is a 3.5% transaction fee on the sale price. This makes Etsy a very inexpensive way to get your products out there, and depending on their demand, a medium to high volume of inventory.
- eBay eBay is great for niche sellers of used products that want to reach a wide audience. It’s inexpensive to start, and shipping is processed through the paypal interface. The challenge with eBay is getting top dollar, historically, eBay profits are similar to a yard sale or garage sale. If you can expect a book to sell at a yard sale for 50 cents, that is what you would expect on eBay. You can pick up a small additional amount in the handling fee for shipping, but unless your product is high sought after and unique or collectible, ebay sales requires a high volume of inventory.
- Poshmark -> Poshmark is specifically a buy/sell social market for fashion. This includes clothing, shoes, accessories and more. If you have access to high end products and are able to sell them for low end prices this is a great venue. If your hobby is shopping, you could visit the local thrift and consignment shops for bargains and then resell them on poshmark. For all sales under $15, Poshmark takes a flat commission of $2.95. You keep the rest. For sales of $15 or more, you keep 80% of your sale and Poshmark’s commission is 20%. Once your sale has been delivered and received by your buyer, the earnings from your sale are yours.
- Amazon – > I love amazon, I think everyone I know shops at Amazon. Here’s the thing about selling your stuff, if it’s original stuff… in other words if you have designed original t-shirts or coffee mugs or art, you need to purchase a set of UPC so you can sell it on Amazon. UNLESS you apply for and receive an invitation to the new AMAZON store called: Handmade on Amazon. This is a special area on Amazon for handmade artisan products. In direct competition with Etsy, and much higher end as the entry is by invitation only.
- Affiliate Marketing -> THIS is my favorite and I saved it for last. Almost every company that sells products has a Affiliate or partner program. That means that you get paid to drive traffic to their site. Let’s say hypothetically that your hobby is photography. You can setup a blog to showcase your photos and write a little bit about your camera, and include a link to B&H Photo. If the link is your affiliate link, and someone clicks through and buys something, you get a percentage of that purchase. *IMPORTANT* this really only works if your information is valuable and authentic. There are A LOT of affiliate scams out there, so do you homework, but this is probably the easiest way to make money online with your hobby because you don’t need any inventory just spend a little time writing. For more information about Affiliate Marketing, you can go here.
My hobby is crafting, I love to try new things that express my creativity… and I love them even more if they can be completed in 15 minutes or less! HA HA HA HA HA HA. My other hobby is websites, I LOVE crafting a compelling and informational website, so this particular website is a labor of love. I hope you enjoyed the information and if you did, take one finger and LIKE this post on your tool bar… SHOW THE LOVE!
have an amazing day