Monday, 18 March 2013

Turn Your Hobby Into A Business Using One Of These 3 Ideas

By James Kupe


Be honest, are you among those why would truly like to make a great living doing something you are passionate about? If you would really like to turn a hobby or pastime into a business, this article gives you 3 easy ways to accomplish just that.

Option 1 - Create Products And Sell Them At Markets And Fairs

This is one option that thousands of people take very seriously. On any weekend all around the country you can find markets and fairs bursting at the seams with stalls and vendors. It's not for the faint hearted, but if you have a bit of showman in you, you could do very well buying other people's items (or making things yourself) and selling them this way.

The good thing about promoting your products at a market is that if you choose one that's related to your hobby's theme, you'll most likely have a steady stream of interested prospects walking past your booth all day.

The disadvantage of these types of events is that many markets draw in people trying to find deals, so people will try to bargain with you all day, which can get old pretty quickly if you aren't used to doing it, or if it's not fun for you.

Option 2 - Use eBay To Sell Products Related To Your Hobby

There are people all over the world earning regular profits from their hobby by selling merchandise and how-to information on eBay. The upside is that you have a thriving, global marketplace for your products. Plus, it doesn't matter how unusual or obscure your products are, there's bound to be at least a few people interested in buying from you.

The drawback is that you have to keep running new auctions, you have to ship the products you sell, deal with customers, arrange payments, follow up and generally make certain your company keeps going every day.

Option 3 - Turn Your Passion For A Hobby Into A Website

The benefits of this technique are that once you build your site, you can sell all kinds of products and services to people all over the world, plus monetize in any number of ways (Adsense, Chitika Ads, Text Links, etc.). The downside of advertising products related to your hobby through a website is that many sites never attract enough visitors to make a full time income.

There's nothing more heart breaking for a web business owner than spending the time and money building a business online and then never seeing enough visitors to make it pay. You'll need to do a bit of study and work out how you are going to attract customers to your online store, but once you know how to do that, you'll be off and running. It is certainly possible to turn something you love into a profitable business. All you need is the right vehicle, a proven system, some useful examples and a mentor to show you the ropes. Find these, and your chances of success are greatly improved.




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