There are many business ideas for ladies sitting at home, and anyone can find opportunities to get started. Usually, you only need a laptop, an internet connection, and the motivation to build a profitable online business and earn money from home.
Without further ado, let’s dive into 10 the most lucrative business ideas for women:
1. Affiliate Marketing
Affiliate marketing is a beginner-friendly business model. The great part about it is that you don’t need to sell your own products or have any experience, technical knowledge, or a big budget to start. You simply recommend other people’s products and earn commissions when they buy your suggestions.
There are affiliate programs and networks that you can join and choose available products. When you find the ones you like, you get an affiliate link and start promoting them on your blog, social media, YouTube, forums, or anywhere else you want.
There are thousands of women who regularly earn great money from home by promoting fashion, beauty, or fitness products.
It is not about spamming links, but you need to become an authority in your field and build a follower list. Affiliate marketing works well with blogging, video marketing, and paid advertising. If you want to start at a low budget, you can go with any of the two first options.
As an affiliate marketer, you want to create content relevant to the products that you promote to improve the chances of making sales. The commissions for an affiliate marketer can vary from 5%-75% per sale, while you can promote any type of product you want. There are affiliate programs in every niche and industry.
Blogging is a business idea that sounds great for moms and housewives who stay at home regularly. There are plenty of mommy blogs on the internet with a lot of traffic and profits.
If you want to start blogging, you can begin with something that you love, have a passion for, or anything that is in your interest zone. While you need to create content, your focus can be on your passion and not necessarily on writing. My point is that you don’t necessarily have to be a good writer to start a blogging business.
Your content ideas can be based on your experience and knowledge about that topic, while you can keep learning about your niche. You may need to learn some skills through the process like SEO and social media marketing. Learning the basics will be fine for most bloggers at the start.
There are plenty of ways to monetize your blogs when you start getting traffic. Some common ones are affiliate marketing, paid ads, sponsored posts, or your own courses and ebooks.
3. Freelance writing
Freelance writers create content for other marketers and companies. It is quite different than other business models that need content because you follow instructions and deadlines.
So, if you have a skill that could be useful for other online businesses, you can earn money from home by providing your service online.
There are many niches of freelance writing. For some popular ones, you can find blog writing, SEO writing, email writing, copywriting, and graphic design. We can also add services that require some writing skills like proofreading, editing, and writing product descriptions.
The upside of this business model because is that you can make money from the beginning. In other business alternatives, you must build your business first, attract visitors, and then earn money. As a freelance writer, you get paid from your work right away.
Most brands need content to support their blogs and social media campaigns. There are too many opportunities for freelancers these days. If you build your reputation and grow your skills, you can increase your hourly rates as much as you want. The top freelance writers earn $100 per hour or more.
One of the bigger downsides of Freelancing is that you can’t always control your working time. Sometimes you might have to work to tight deadlines to complete freelancing projects, so if you are a mom who is taking care of a baby at home, you might have difficulties balancing your time.
4. Start A YouTube Channel
Starting a YouTube channel is similar to blogging, but you create videos instead of blog posts. You need to choose a niche and start creating quality and interesting videos. YouTube can send you a lot of traffic and subscribers if you are good enough. Then, you can make money with Google AdSense, affiliate marketing, or promote your own products.
The most popular way to earn from YouTube is GoogleAdsense, where the ads are automatically placed in your videos. YouTube will pay for your video views, however, in the beginning, the payouts might not seem impressive.
By having 10,000 daily video views your estimated earnings stand around $14-23 per day. But, if you can generate 50,000 daily views you can get over $100 a day.
With affiliate marketing on YouTube, you don’t necessarily need so much traffic to generate that amount of money. If you are promoting a great product that sells, you can earn significant money even with a few hundreds of views.
Consistency is a big part of a successful strategy. No one has created a profitable YouTube channel with 2-3 videos, so it takes some commitment to make it work.
Your earnings depend on your niche, and how hard you are willing to work. Many YouTubers earn six-figures per month or more, but it doesn’t happen overnight.
Unlike blogging on your website, successful blogging on Youtube requires creating your own content, and you can’t outsource that to others. So willingness to put yourself in front of the camera can be a great advantage towards developing a successful YouTube channel.
5. Become A Virtual Assistant
Virtual assistants are helpful to many websites because they can handle many types of tasks. Usually, their required skills depend on the business that hires them.
In some cases, virtual assistants need to have minimal computing knowledge and speak in basic English to get paid with the minimum rates. However, the more skills you have, the more important you can become for those who need you.
You can become:
– Social Media Virtual Assistant
– SEO Virtual Assitant
– Real Estate Virtual Assistant
– Research Virtual Assistant
– eCommerce Virtual Assistant
– Data Entry Virtual Assistant
+ many more
The average salary for virtual assistants in the USA is $15.70. However, the top virtual assistants earn $50 per hour or more.
If you want to find a job as a virtual assistant, you can visit freelance platforms like Fiverr, Upwork, Freelancer, and browse for jobs. Usually, they don’t have demanding requirements.
6. Domain Flipping
Domain flipping can be a way to earn some extra money, and you can also scale it and turn it into a very profitable business. A few years ago, the internet was in shock with the million-dollar sales of different domain names.
Many start-up companies with great starting budgets are ready to purchase domain names that match their business names. If they see that the domain with their business name is unavailable, you might the one owning the domain name they need. Often, big brands are ready to pay up to 6 or 7 figures of dollars for the desired domain name.
So the idea here is simple, you buy a cheaper domain name and later sell it for the price you want. You can buy a great domain name and make it all yours from just $69 on JustDropped.com. And on the Estibot platform you can estimate how much roughly the domain s worth in the market.
However, all the rare and valuable domain names have already been discovered, so chances that you will get rich quickly are quite low. People who are serious about domain flipping will usually focus on the consistency with smaller profit margins.
The good news is that you can still buy and sell domain names and make money. The positive side of this business idea is that you don’t create any content but search for opportunities and underpriced domain names.
It is like an online market trading. You need to spend some time learning the value of each domain name, and the budget you should start with.
7. Selling On Amazon
Amazon is a huge marketplace with thousands of sellers and millions of visitors every month. If you are not scared of some competition and believe you can attract visitors from the marketplace, it can be a good option for you.
You will need a budget to buy inventory, but you can get into any niche you want and sell any type of product. Amazon sells everything these days, so it’s on to you to do your research and get started.
Amazon gives the option to the sellers to use the FBA business model. You can create labels that you can use in your products. It’s a type of branding inside Amazon. There are no secrets in this business model because many people sell products for years.
Also, you can do affiliate marketing with Amazon by recommending its product to people. With Amazon, you can earn from 1% to 12% commissions depending on the product category.
Compared to other affiliate marketplaces, Amazon offers quite low commission payouts, however, its products tend to convert well, because Amazon is considered as a trustable supplier.
The amazing part about Amazon is that you can earn commissions from the customer’s total shopping cart price. For example, if you refer a visitor to Amazon’s website and he buys something else, or he just ads more products to his cart on top – you get a commission of all the products he buys.
8. Being A Life Coach
Life coaching is a growing industry, and many people ask for help or advice from life coaches. You probably need to know some important things and apply them to yourself before helping others, but there are many courses out there to learn the basics
Life coaches get into many niches like fitness, weight loss, money, fulfillment, happiness, relationships, motivation, and more. You don’t have to know everything, but you can focus on one niche and become an expert on it over time.
The professional life coaches charge $100-$300 per hour. Anyone who has some special skills or abilities can see the potential of this business model. The only problem is that you need to master the techniques you teach before going out there and tell people what to do.
Once you are confident with your knowledge, you can start coaching your audience and there are many ways how you can do that. You can create an online course to sell, host webinars, make YouTube videos, or do 1 on 1 coaching.
9. Create An Online Store
If you don’t like to create content and Amazon selling seems too stressful for you, there are other ways to make money. Today, you can create your online store, and the great part about it – you don’t necessarily have to invest and buy the products to make a sale.
This business idea is about Dropshipping. You can create an account on an eCommerce platform that allows you to build your store. Then, you need a provider who is willing to ship the products for you. So, you add the products to your store, and when you make a sale, the original buyer delivers them.
It is a straightforward process, but you still have to market your products and get traffic. You can create and put some Facebook ads or do the work it takes to generate free traffic.
The negative side of dropshipping is that your profit margins for each product probably won’t be high, because you only make the difference between your price and the original price. You also have no control in the shipping process – a bad provider sometimes may affect your business negatively.
10. Create Digital Products
If you are good at something that you can teach, you may consider creating digital products. They can include anything from ebooks to simple instructional videos. You probably need a passion for your niche. A passion will be an important factor helping you to create great products and keep learning the new trends.
You have the option to join marketplaces with digital products and list your products instead of trying to create a new website. It’s a business model that allows you to make passive income. If you create a good product once, you can sit back and watch it making sales for years.