Stay at home moms know that they’re providing their family with the care and attention they need. A couple of my friends have chosen to stay home with their kids, and they love it!
But at the same time, they’ve both said that they’d still like to contribute financially by finding a way to make money at home. Based upon a lot of the comments I get from my readers, there’s a lot of other mothers who feel that way as well.
So today I’m going to talk about how to make money online for stay at home moms–check it out below!
Why Working Online Is Perfect For Stay At Home Moms
When you’re looking to make money working from home, there are a lot of ways to do it. You could run your own daycare, refinish and resell old furniture, maybe grow produce and sell it at the local farmer’s market.
But as a stay at home mom, many of you have demands on your time that don’t have to be considered by others–children at home! You’ve got to have a way to earn income that gives you the flexibility to take care of the kids and still keep up with all your responsibilities.
A daycare may not work for your home and there’re all kinds of state regulations you may need to consider. Projects like refinishing furniture or gardening can take a lot of time and you need to have the room for them away from curious little ones.
But there’s one way to make money from home that is ideal for a stay at home mom–an online business!
Here are some great benefits that you’ll love:
- It’s inexpensive to start an online business–If you’ve already got a laptop, you have the equipment you need. No other business is as cheap to start as creating one online.
- Work any time it’s convenient–No matter what activities you’re doing with the kids, you can work on your business whenever you have free time or after you’ve put them to bed!
- No technical or programming knowledge–Technology has made it so easy to work online that any beginner can start and run a successful business.
- Run your business from anywhere–As long as you have your laptop and an internet connection, you can work on your business. Sit on your patio and work while your kids are enjoying the sunshine in the backyard!
- No strangers coming to your home–I’ve never been comfortable with people coming to my house to see things I have for sale, especially when my children were younger. No worries about that with an online business!
- You’re in control. You are in charge of all aspects of your business, so you can make it work around you and your family’s life any way you want to.
So you can see that an online business is a great opportunity for stay at home moms. But what kind of business can you start and which one is the best for you? Let’s take a look!
Business Models To Choose From
While there are many, many ways to make money online, there are 4 basic business models that I feel a beginner should look at:
- Affiliate Marketing
- Selling Products Online
- Freelance Writing
- Creating eBooks
Let’s go into each one in more detail to see which online business is right for you!
Plus, your income potential is unlimited as far as how much you want to earn and how big you want your business to grow!
Affiliate marketing is simply referring people to retail websites and earning commissions if they make a purchase. To do this, you create a website and provide information to others who are interested in your topic, which is called a niche.
Now, a lot of people I talk with are immediately intimidated at the idea of starting a website. But creating a website is super easy–it can be done in less than 3 minutes with no technical knowledge needed!
Another worry is, “But I don’t know how to sell things.” That’s easy–you don’t have to!
All you’ll be doing is providing information in the form of informational blog posts, product reviews, how-to guides, etc. You won’t sell anything, you’ll just provide links to retailers where your visitors can get more information about purchasing items.
So where do you learn how to run an affiliate marketing business? Unfortunately, there are an enormous amount of scams out there who will try to convince you that they have the secret to making enormous amounts of money fast, and with hardly any effort!
I can tell you from experience that all you’ll accomplish with these programs is a smaller bank account. In my case, a much smaller one. Finding out how to avoid scams is the best knowledge you can have when starting an online business.
My #1 recommendation for a full service affiliate marketing program is a legitimate platform that offers tremendous value at a very low cost. The best part is that you can try it out for free!
The program is Wealthy Affiliate, and their platform has everything you need to create and successfully earn money online. Step-by-step guides and video training modules, world-class website hosting, live training events, and so much more.
You can create your first website for free and see if affiliate marketing is for you. If you’re like me and see the potential for earning income online, you can have 10 websites and access to their entire platform for only $49 per month. It’s an absolutely awesome value!
You can check out my full review of Wealthy Affiliate and get your free website today!
Selling Products Online
You’ll set up an online store, find suppliers for the products you want to sell, build your inventory, drive traffic to your store, and ship out the items to your customers.
With dropshipping, your customers purchase products on your site, then you order them from a supplier who processes it and ships the items directly to your customer.
You don’t keep any inventory, you don’t ship any merchandise, and you’re not dealing with a lot of customer service issues. This saves you an enormous amount of time and stress while you’re running your business at the same time you’re taking care of your family.
There are 2 platforms I can recommend where you can create a beautiful online store, learn great tips for selling products online, and find great suppliers:
~ Shopify–Probably the most popular today, Shopify is an eCommerce platform where you can create any kind of online store and sell any product you choose.
Their Basic package starts at $29 per month plus various credit card and processing fees. They also offer a great deal of information to help beginning sellers set up and run their store.
~ SaleHoo–The SaleHoo Supplier Directory is an invaluable tool when trying to find legitimate suppliers for merchandise to sell in your store. Their strict standards ensures that you can be confident of any company listed in their directory.
The price to access this list, which contains 8,500+ reputable supplies, is just $67 for a full year or $127 for lifetime access. Many of these companies are dropshippers, and I believe the price is a terrific value!
While selling products online is a great way to make money online, it does have a few disadvantages for beginners when compared to affiliate marketing.
Even if using dropshipping, running an online store requires a longer learning curve in order to start earning money. You’ll need to learn:
- How to choose the right products
- How to choose the best suppliers
- How to manage product availability
- How to handle customer service issues
- How to handle returns, complaints, and refunds
Another disadvantage is the expense of getting visitors to your store. While you can learn to drive organic traffic to your affiliate marketing site, that is impractical with an online store.
You’ll want to use paid advertising, such as Google Ads, Facebook Ads, Microsoft Ads, etc. to get potential customers to see your products. For beginners with no experience, this can be very expensive with no guarantee of getting enough sales to cover the costs.
On the upside, if you have a budget to work with, you can usually start to make money faster than with affiliate marketing.
Do you have any experience writing? If so, freelance writing might be just what you’re looking for!
Here are the most popular freelance writing gigs:
~ Copy/Content Writing–Have you ever written advertising copy, a blog post, eBooks, or website content? If so, you could freelance for any number of companies or website owners looking to outsource these tasks.
~ Feature Writing–Magazines, newspapers, and online publications will pay for article/feature writers. You will need some experience to be successful with this type of writing. But if you can inform and entertain readers, there is a market for you!
~ Social Media–With the explosion of social media, like Facebook and Pinterest, many businesses hire freelancers to schedule and post on these social media accounts.
~ Blogging–Creating and writing your own blog is becoming a very popular way to make money online. There are many ways to monetize your site with advertising once you start getting substantial traffic.
Blogging and Affiliate Marketing can also enhance each other. Many bloggers start to monetize their site with affiliate links as their traffic grows, and most affiliate marketers write a blog on their sites to develop organic traffic–Win/Win!
~ Technical Writing–Do you have a background as an expert in a subject? Many companies are looking for freelance writers who are knowledge in their field to write manuals, policies, and other documents.
~ Proofreading/Editing–In addition to writing jobs, there are many opportunities out there for editing and proofreading. The income is higher for these jobs than many other writing gigs, but most freelance editors need to have a degree in English, journalism, or communication.
If freelance writing looks like a good fit for you and you’d like a great guideline to get started, I recommend reading my full review of My Freelance Paycheck.
Most of the freelance writing jobs above will require you to adhere to deadlines and other restrictions that may not be practical for those with very small children or those with super busy schedules.
If that’s you, but you’d still like to earn money by writing, you could look into creating and publishing your own eBooks!
Now, if that seems intimidating, it shouldn’t. There are many platforms out there that are making self-publishing easier every day, and many charge a percent of the sale as payment. So that means you don’t have to pay upfront costs for distribution.
To get started you can take advantage of a lot of free software available, and get a great book and logo from a site like Fiverr. Here are just a few places you can publish your eBook:
- Apple eBook Store
So if you’ve always wanted to be a published author, creating and selling eBooks could be just what you’re looking for!
How Much Money Can You Make?
The good news is that you can earn considerable income with any of them. However, there are definitely some things you need to consider:
~ Affiliate Marketing–The income potential is limited only by how much time and effort you’re willing to put in. In fact, there are many affiliate marketers who are making $100,000+!
But it can take a few months or longer before you start earning any income at all, and a year or more before you’re making significant, consistent income. On the flip side, affiliate income can be a passive income source long after you put in the work.
So if you would like to start earning money right away, freelance writing or selling products online may be the way to go. Check out the following video to learn the realistic timeline for earning money online with affiliate marketing:
~ Selling Products Online–Once you get your online store set up and advertising going, you can start earning money faster than with affiliate marketing. The earning potential is also virtually unlimited depending upon how much work you do.
However, keep in mind that if you’re a beginner, your sales may be slow until you get more experience with choosing products, creating ads that convert, and working with suppliers. You’re also going to be limited by your ad campaign budget.
~ Freelance Writing–Freelance writing gives you the best combination of earning income faster without having to spend a lot of money to do it. However, those with experience will be able to earn more significant money sooner than beginners.
The average writer earns between a few hundred and a few thousand dollars a month. While not as much as affiliate marketing or selling products online, freelance writing can be a terrific way to start bringing income to your household much more quickly.
~ Creating eBooks–Earning money from selling eBooks is very satisfying and enjoyable, however, it’s probably the least lucrative business model as far as income.
A good 20,000 word eBook sells on average for $2.99-$3.99, and some self-publishing platforms like Amazon can take up to 70%. So you’ll need to sell many copies to earn any kind of substantial income.
The most successful authors write many eBooks or a series that they can package together to increase the chance of having a big seller that becomes very lucrative.
How To Find A Legitimate Program
Making money online is a subject that has spawned an enormous amount of poor quality or just downright scam programs designed to empty your wallet. It’s extremely easy to fall prey to one of these scams and lose money, and I speak from experience.
In order to avoid these, there’s one piece of advice you need to remember–there is no fast, easy money online!
No legitimate program will ever make a promise like that. But nearly ever scam I’ve ever reviewed will swear to you that thousands of dollars are just waiting for you if you buy their system!
When you see one of these, remind yourself that there is no fast, easy money online and walk away. Avoiding online scams is the very best way of ensuring that your online business has a chance to succeed.
If you’re a stay at home mom who wants to contribute financially to your family, you’re not alone. There are thousands of women starting their own online businesses and earning a very lucrative income from home.
So what is your goal? Do you want to earn some extra money to pay a few bills? Or maybe you want to make a full time income working at home?
No matter what you want to achieve financially, you can have success learning how to earn money online as a stay at home mom.
I’d love to hear your comments below!