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Travel Website for Sale | Potential Profit: 5000$/month
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Description: Fully Automated Travel Website – Hotels, Flights, Cars – $200/day Potential
Huge Profit through travel affiliate programs (Flight, Hotel, & Rental Car). Start an online business with this gorgeous, professionally designed, affiliate travel website. It is a powerful travel comparison website that allows users to find the best prices for hotels, flights, and car rentals. This type of website is currently very popular as more people try to save money when booking their next vacation.
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How to Start: You can build a website and online business from scratch or go with a readymade solution provided by Sitefy.
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Investment: 99$ to start the website.
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Skillset & Learning: No skillset required. Basic skills are required that can be learned in a couple of hours.
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Success Rate: Moderate to high, reliant on the monthly traffic to the website.
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Pros & Cons: It takes very little time to start this online business and ROI is the highest among all the businesses mentioned.
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Market Size: Globally, travel and tourism directly contributed approximately 2.9 trillion U.S. dollars to GDP
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Whom to Hire: You can hire developers, designers and marketing experts from different freelancing platforms or you can go with a readymade all-in-one solution.
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Where to Hire: Freelance platforms, specialized tech companies.
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Biggest Source of Marketing: Organic Traffic across the globe.
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- Virtual Event Hosting Service
- Description: Dive into the realm of virtual events by offering hosting services. With the rise of online gatherings, there’s a growing demand for skilled hosts who can manage and engage audiences effectively.
- Earnings Potential: $500 – $2,000 per event.
- How to Start: Build an online presence showcasing your hosting skills. Utilize social media platforms and create a professional website.
- Investment: Minimal – mainly for a quality microphone, camera, and website hosting.
- Required Skillset: Strong communication, adaptability, and tech-savvy. Learn through online courses, webinars, and practice hosting mock events.
- Success Rate: High, given the increasing popularity of virtual events.
- Pros and Cons: Flexibility, low startup costs, and potential for high earnings. However, competition can be fierce.
- Market Size: Expansive, with virtual events becoming a staple in various industries.
- Whom to Hire: Consider hiring social media managers to boost your online presence.
- Event Photography and Videography
- Description: Capture the essence of events through your lens, providing clients with memorable visuals.
- Earnings Potential: $300 – $1,500 per event.
- How to Start: Invest in a quality camera, build a portfolio, and create an online presence on platforms like Instagram.
- Investment: Moderate – camera equipment, editing software, and marketing materials.
- Required Skillset: Photography and video editing skills. Learn through online tutorials, workshops, and practice.
- Success Rate: Moderate to high, depending on your skills and marketing efforts.
- Pros and Cons: Creative expression, potential for repeat business, but equipment costs can be a barrier for entry.
- Market Size: Steady demand for event visuals across industries.
- Whom to Hire: Consider collaborating with freelance editors during peak periods.
- Event Planning Consultancy
- Description: Leverage your event coordination expertise to advise and assist businesses in planning their own events.
- Earnings Potential: $500 – $3,000 per consultation.
- How to Start: Establish a professional website, network with industry contacts, and market your consultancy services.
- Investment: Minimal – website hosting, business cards, and marketing materials.
- Required Skillset: Extensive knowledge in event planning. Gain experience through internships, workshops, and industry conferences.
- Success Rate: High, especially with a solid reputation and networking skills.
- Pros and Cons: Autonomy, potential for high earnings, but initial networking may take time.
- Market Size: Substantial, as businesses of all sizes seek expert advice for successful events.
- Whom to Hire: Administrative support for handling inquiries and scheduling.
- Event Content Creation
- Description: Create engaging and shareable content related to events for social media, blogs, or YouTube channels.
- Earnings Potential: $200 – $1,000 per content piece.
- How to Start: Develop a content strategy, build a strong online presence, and collaborate with other event professionals.
- Investment: Minimal – quality camera, basic video editing software, and social media promotion.
- Required Skillset: Creativity, storytelling, and basic video editing. Learn through online courses and practice.
- Success Rate: Moderate, with consistent content creation and effective promotion.
- Pros and Cons: Creative expression, flexibility, but building an audience may take time.
- Market Size: Growing, as businesses recognize the importance of engaging content for event promotion.
- Whom to Hire: Consider collaborating with graphic designers for visually appealing content.
- Event Catering Coordination
- Description: Connect with local caterers and offer coordination services to streamline the catering process for events.
- Earnings Potential: Commission-based – typically 10% of the catering bill.
- How to Start: Network with local catering companies, build relationships, and create a professional website.
- Investment: Minimal – website hosting, business cards, and marketing materials.
- Required Skillset: Negotiation, organization, and interpersonal skills. Gain experience through internships and networking.
- Success Rate: High, with effective networking and a solid understanding of local catering options.
- Pros and Cons: Commission-based earnings, potential for repeat business, but coordination challenges may arise.
- Market Size: Substantial, as events of all sizes require catering services.
- Whom to Hire: Administrative support for handling inquiries and scheduling.
- Event Equipment Rental
- Description: Invest in event equipment (e.g., tents, chairs, lighting) and offer rental services to event organizers.
- Earnings Potential: $500 – $2,000 per event.
- How to Start: Purchase quality equipment, create a price list, and market your services to local event planners.
- Investment: Moderate – purchasing equipment and marketing materials.
- Required Skillset: Basic knowledge of event equipment and logistics. Learn through industry publications and networking.
- Success Rate: Moderate to high, with proper equipment maintenance and effective marketing.
- Pros and Cons: Recurring revenue, potential for growth, but initial investment can be substantial.
- Market Size: Significant, as event organizers often seek cost-effective equipment solutions.
- Whom to Hire: Logistics support for equipment transportation and setup.
- Event Decor Rental
- Description: Curate a collection of event decor items (e.g., centerpieces, linens) and offer rental services to event planners.
- Earnings Potential: $300 – $1,500 per event.
- How to Start: Build a diverse decor collection, create a user-friendly website, and market your offerings.
- Investment: Moderate – acquiring decor items and marketing materials.
- Required Skillset: Aesthetic sense and attention to detail. Learn through attending design workshops and staying updated on trends.
- Success Rate: Moderate to high, with a unique and appealing decor collection.
- Pros and Cons: Creative expression, potential for high earnings, but inventory management can be challenging.
- Market Size: Substantial, as event planners seek unique decor options for memorable experiences.
- Whom to Hire: Administrative support for order management and logistics.
- Event Marketing Services
- Description: Utilize your marketing expertise to help businesses promote their events effectively.
- Earnings Potential: $500 – $2,500 per event.
- How to Start: Develop a marketing strategy, build a professional portfolio, and market your services to event planners.
- Investment: Minimal – website hosting, marketing materials, and potentially paid advertising.
- Required Skillset: Digital marketing knowledge and creativity. Learn through online courses, workshops, and hands-on experience.
- Success Rate: High, with effective marketing strategies and a strong online presence.
- Pros and Cons: Autonomy, potential for high earnings, but building a client base may take time.
- Market Size: Significant, as event organizers seek innovative ways to promote their events.
- Whom to Hire: Consider collaborating with graphic designers and social media managers.
- Event Sponsorship Acquisition
- Description: Assist event organizers in securing sponsorships by leveraging your network and negotiation skills.
- Earnings Potential: Commission-based – typically 10-20% of sponsorship value.
- How to Start: Build relationships with potential sponsors, create a proposal template, and market your services.
- Investment: Minimal – website hosting, business cards, and marketing materials.
- Required Skillset: Networking, negotiation, and proposal writing. Gain experience through internships and networking events.
- Success Rate: Moderate to high, with a strong network and effective proposal strategies.
- Pros and Cons: Commission-based earnings, potential for repeat business, but securing sponsors may be competitive.
- Market Size: Substantial, as events often rely on sponsorships for funding.
- Whom to Hire: Administrative support for proposal preparation and follow-ups.
- Event Talent Booking Agency
- Description: Connect event organizers with talented performers, speakers, or entertainers for their events.
- Earnings Potential: Commission-based – typically 10-20% of talent fees.
- How to Start: Build a database of talented individuals, create a user-friendly website, and market your agency to event planners.
- Investment: Minimal – website hosting, business cards, and marketing materials.
- Required Skillset: Networking, talent evaluation, and negotiation. Gain experience through attending events and building industry contacts.
- Success Rate: Moderate to high, with a diverse and talented roster.
- Pros and Cons: Commission-based earnings, potential for repeat business, but talent availability may vary.
- Market Size: Significant, as events often seek unique and captivating performers.
- Whom to Hire: Administrative support for talent coordination and communication.
In conclusion, the world of side hustles for global event coordinators is rich with opportunities. Each of these ventures allows you to leverage your event planning expertise while exploring diverse and potentially lucrative niches within the event industry. Whether you choose to step into the virtual realm, focus on specific event elements like catering or decor, or provide valuable services like marketing and talent booking, there’s a side hustle tailored to your skills and interests. Embrace the journey, stay adaptable, and watch your side hustle flourish into a rewarding venture.
