Marketing is an important part of any business, but this is especially true with side hustles. If you want to make money by selling products or services, people will need to find you first. Instagram is the most popular online marketing tool that side hustlers can use for free – it’s a great way for you to communicate with existing and potential customers.
The most popular freelancing jobs on Upwork include writer, web developer, data analyst, graphic designer, and programmer
A side hustle doesn’t have to be about selling products or monetizing your favorite pastime. Almost a third of all side hustles revolve around providing a service to others. This could include photography sessions, cleaning a house, fitness classes, or providing lifts to destinations.
Real estate is one of the most popular and lucrative side hustles
Making it big as a YouTuber or influencer is incredibly difficult, and there’s no way to predict success. If you’re one of the lucky ones, this side hustle can be incredibly rewarding – when it comes to both money and building a business. If you build a large and loyal following, it’s likely your YouTube career won’t be a side hustle for long.
Instagram is the most popular social media platform to promote side hustles
If you’re looking for a profitable side hustle, consider real estate! While this will be more time-consuming than others, real estate side hustles earn approximately $90 per hour, so it’s a great industry to earn money with. If money is your primary aim, real estate is a good alternative to becoming an influencer or creating content, for example.
Other high-paying side hustles include online business, freelancing/consulting, and investing
Side Hustle Nation surveyed side hustle owners to analyze the types of businesses being built. The most popular include online business (such as blogging and online courses), freelancing/consulting, ecommerce (selling products via online stores or marketplaces), and investing (such as real estate, crypto, and stocks). These are some of the highest-paying side hustles, earning people over $1,000 per month on average.
Finding success as a YouTuber or influencer can result in earnings of over $10,000 per month
Here are just a few side hustle statistics to show what’s popular:
32% of side hustles involve selling a service
Now, there’s no way to guarantee the success of your side hustle – but some industries are more popular than others. Whether you’re turning your hobby into a business, or serving your community in some shape or form, there are plenty of ways to build a side hustle from scratch.
If you already possess certain skills, such as graphic design or coding, why not channel that energy into a side hustle and get paid for your work? Freelancing platforms, such as Upwork and Fiverr, list jobs that you can apply for in your free time. Tapping into the job roles above could earn you around $20,000 per year if you dedicate roughly 15 hours to the work each week.