Money Making Hobby Ideas - 21 Hobby Ideas to Make Money
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Money Making Hobby Ideas - 21 Hobby Ideas to Make Money
Money Making Hobby Ideas - 21 Hobby Ideas to Make Money Hobbies are a lot of fun, but you know what is even better? Turning your hobby into a way to make money! There are many different ways that you can enjoy yourself while making a little extra cash doing something that you enjoy. In fact, here are 21 ways to do just that. 1. Information Products By selling the expertise that you have as information that can help others, you can contribute to your hobby’s community, all while making some money. Information products can include e-books, newsletters, interviews, DVDs and much, much more. 2. Affiliate Marketing Affiliate marketing is great way to launch your online hobby business, with relatively low start up costs and hardly any risks. The principle behind affiliate marketing is simple; you promote somebody else’s products on your website and they pay you a commission for any sales you make. 3. Create How-To DVDs Many people have made a lot of money selling instructional DVDs that cover everything from common activities to niche hobbies. With a decent camera and some entry-level editing/DVD authoring software, you can make professional “how-to” DVDs that will help others to use the knowledge that you’ve accumulated. 4. Coaching Depending on your hobby, you may be able to earn an income by sharing what you have learned directly with those who want to acquire similar knowledge. Coaching can mean everything from personal lessons to workshops or tutoring in a specific area, so find a way to make it work for you! 5. Ebay Ebay is not just a popular site where you can get rid of old stuff. You can also sell original products, including the how-to DVDs we already discussed and many other items on this ©Copyright 2010 http://www.hobbydollars.com
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Money Making Hobby Ideas - 21 Hobby Ideas to Make Money list. Ebay makes it easy to create your own digital, web-based storefront from which to sell your products. 6. Web Store If you prefer, you can forgo the previous suggestion and create your own online store. Doing this is not as difficult as it sounds, and many web hosting sites will help you to create your store and website with very little hassle whatsoever. 7. Membership Sites One way to sell your expertise and knowledge is to create a subscription based membership site, where paying members will have access to special content that regular visitors do not. Doing this can be a lucrative way to make money off of a hobby-based website. 8. Selling a Service Offline While the internet makes being an entrepreneur very simple, there is still something to be said for selling a service offline. You can do this out of your home by using word of mouth for advertising, for example. Meanwhile, you can use the internet to bolster awareness of what you offer! 9. Offering Downloadable Needlework/Embroidery Patterns If you do create your own site for something like needlework and embroidery, consider offering downloadable patterns. Even if you offer them for free, the traffic that you attract may help you to bring in ad revenue. 10. Paid Newsletters Similar to an online magazine, you can offer paid newsletters, perhaps as an added bonus to a membership site. To do this, you will really need to make sure that your content is topnotch and one of a kind, of course! 11. “Of the Month” Club Book of the month clubs, DVD of the month clubs…people love clubs. Why not take advantage of this affection for monthly clubs by having one of your own! Tie it into your hobby of choice and watch the customers line up to get something new from you every month! ©Copyright 2010 http://www.hobbydollars.com
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Money Making Hobby Ideas - 21 Hobby Ideas to Make Money 12. Blog about Your Hobby with Google Adsense for Revenue Creating a blog is very easy these days, and with Google Adsense, finding paying advertisers that match your site’s interests is also very simple. One great way to market your love for your hobby is with a blog that takes advantage of this kind of advertising. 13. Selling at Craft Shows, Offices and Trade Events It is good to have an offline presence along with an online one. By selling face-to-face at craft shows, offices or trade events, you can make a personal connection with customers, who will then refer friends and loved ones to your website. 14. Selling Items other Hobbyists Need to Enjoy Their Hobby When you are knowledgeable about a hobby, you have inside knowledge as to what kinds of items other hobbyists need. Why not capitalize on that knowledge by offering items to other hobbyists like yourself? This is a great way to make money online or through a traditional brick-and-mortar store. 15. Streaming Audio You can add another dimension to your website or blog by offering streaming audio, such as in the form of podcasts or online radio shows. You can give tips, discuss current hobby events, and have guests from within your hobby’s community! 16. Online Video As an extension of creating how-to DVDs, why not put videos online with tips and tricks to help beginners and other hobbyists alike? Doing so will make your website more dynamic and attract attention to what you are trying to sell. 17. Online Seminar If you prefer, it may be a good idea to offer a more detailed approach by conducting an online seminar. This can include audio, video, lessons that are customizable as you go, and interaction with those taking the seminar via chat, forums or e-mail.
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Money Making Hobby Ideas - 21 Hobby Ideas to Make Money 18. E-Mail Tip of the Week about Your Hobby One way to make money from your hobby is to offer a free e-mail tip of the week service (this allows you to build an email list to promote other products related to your hobby). This will subtly remind customers about what you offer while providing a valuable tip to them that they will definitely appreciate having been given. 19. Workshops Workshops can be very similar to seminars, and can consist of an hour or a series of events. In a workshop, you will want to teach your attendees a very specific set of skills, which can be done online or offline in a traditional environment. 20. Teaching A lot of these tips have one thing in common: teaching. Teaching is the best way to not only share your knowledge with others, but earn an income based on the expertise that you have. When you can help others while also generating income, why not do so? 21. Showing Others How to Make Money from the Hobby When you become successful, one of the questions that you will get all the time is, “how did you do it?” What can you do then? Make money by teaching other people how to make money! Pass along what you have learned, all while turning your knowledge and experience into even more cash! If you can think creatively, you can find even more ways than this to turn your hobby into a way to make a lot of extra cash. Hobbies are not just fun, they are also big business. Think of all of the money that you may have spent on guides, books, materials, supplies, or all the time you have spent researching information on your hobby online. As you can tell, you can easily use your experience to start earning some of that money back, plus a little extra! Want to learn more? Visit: http://www.hobbydollars.com/ to sign up for the FREE “Cashing in on Your Favorite Hobby” online course.
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