In the dynamic world of sports marketing, International Sports Marketing Managers often find themselves seeking additional avenues to leverage their expertise and maximize income. Whether you’re looking to diversify your revenue streams or explore new challenges, here are 10 side hustles tailored to complement your role:
-
Travel Website for Sale | Potential Profit: 5000$/month
-
Description: Fully Automated Travel Website – Hotels, Flights, Cars – $200/day Potential
Huge Profit through travel affiliate programs (Flight, Hotel, & Rental Car). Start an online business with this gorgeous, professionally designed, affiliate travel website. It is a powerful travel comparison website that allows users to find the best prices for hotels, flights, and car rentals. This type of website is currently very popular as more people try to save money when booking their next vacation.
-
How to Start: You can build a website and online business from scratch or go with a readymade solution provided by Sitefy.
-
Investment: 99$ to start the website.
-
Skillset & Learning: No skillset required. Basic skills are required that can be learned in a couple of hours.
-
Success Rate: Moderate to high, reliant on the monthly traffic to the website.
-
Pros & Cons: It takes very little time to start this online business and ROI is the highest among all the businesses mentioned.
-
Market Size: Globally, travel and tourism directly contributed approximately 2.9 trillion U.S. dollars to GDP
-
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.
-
Where to Hire: Freelance platforms, specialized tech companies.
-
Biggest Source of Marketing: Organic Traffic across the globe.
-
- Sports Influencer Collaborations
- Description: Engage with sports influencers on social media platforms to promote brands and products related to the sports industry.
- Earnings Potential: $1,000 – $10,000 per collaboration, depending on the influencer’s reach.
- How to Start: Connect with influencers via social media, negotiate terms, and outline campaign objectives.
- Investment: Minimal to moderate for influencer fees; negotiate based on influencer popularity.
- Skillset: Relationship-building, negotiation, and campaign management. Learn through online courses or industry events.
- Success Rate: High, with proper influencer selection and effective collaboration strategies.
- Pros and Cons: Direct access to engaged audiences; potential inconsistency in results.
- Market Size: Booming, with influencer marketing projected to reach $13.8 billion by 2023.
- Whom to Hire: Virtual assistants for outreach and campaign coordination.
- Where to Hire: Freelance platforms like Upwork or specialized agencies.
- Sports Podcasting
- Description: Host a sports-focused podcast, featuring interviews, insights, and discussions.
- Earnings Potential: $500 – $5,000 per episode, based on listenership and sponsorships.
- How to Start: Set up a podcast, choose a niche, and invite guests with unique perspectives.
- Investment: Moderate for equipment and hosting platforms.
- Skillset: Public speaking, content creation, and basic audio editing. Online courses and workshops are widely available.
- Success Rate: Moderate to high, contingent on consistent content production and marketing.
- Pros and Cons: Build a loyal audience; time-consuming content creation.
- Market Size: Growing, with 104 million podcast listeners in the U.S. alone.
- Whom to Hire: Audio editors or virtual assistants for administrative tasks.
- Where to Hire: Platforms like Fiverr or specialized podcast production services.
- Sports Event Consultancy
- Description: Provide consultation services for planning and marketing sports events.
- Earnings Potential: $2,000 – $20,000 per event, depending on scale and complexity.
- How to Start: Leverage your network, showcase past successes, and offer comprehensive event packages.
- Investment: Low to moderate for marketing materials and networking events.
- Skillset: Event planning, marketing strategy, and vendor management. Gain expertise through industry conferences and courses.
- Success Rate: High, with effective networking and client relationship-building.
- Pros and Cons: Diversify skills; potential for intense work schedules during peak event seasons.
- Market Size: Extensive, with the global sports events market valued at over $135 billion.
- Whom to Hire: Event coordinators and marketing specialists.
- Where to Hire: Networking events, industry forums, and freelancing platforms.
- Sports Merchandise E-commerce
- Description: Launch an online store specializing in sports merchandise and memorabilia.
- Earnings Potential: $5,000 – $50,000 monthly, depending on product range and marketing efforts.
- How to Start: Choose a niche, set up an e-commerce platform, and source quality products.
- Investment: Moderate for inventory, website development, and marketing.
- Skillset: E-commerce management, digital marketing, and customer service. Learn through online courses and tutorials.
- Success Rate: High, with a well-curated product range and effective online marketing.
- Pros and Cons: Global reach; challenges in inventory management and competition.
- Market Size: Substantial, with the global sports merchandise market exceeding $15 billion.
- Whom to Hire: Graphic designers for branding and virtual assistants for order processing.
- Where to Hire: Freelance platforms and specialized e-commerce agencies.
- Virtual Sports Coaching
- Description: Offer online coaching sessions for aspiring athletes or enthusiasts.
- Earnings Potential: $50 – $150 per hour, depending on expertise and demand.
- How to Start: Establish an online presence, create coaching packages, and leverage social media for promotion.
- Investment: Low for marketing and creating coaching materials.
- Skillset: Sports coaching, online presentation, and marketing. Attend coaching seminars and utilize online resources.
- Success Rate: High, with effective marketing and positive client testimonials.
- Pros and Cons: Flexible schedule; challenges in standing out in a competitive market.
- Market Size: Growing, as the demand for online coaching surges globally.
- Whom to Hire: Virtual assistants for scheduling and administrative tasks.
- Where to Hire: Freelance platforms or personal networks.
- Sports Blogging and Content Creation
- Description: Establish a sports-focused blog or YouTube channel, creating engaging content.
- Earnings Potential: $1,000 – $10,000 monthly, based on views, sponsorships, and affiliate marketing.
- How to Start: Choose a niche, create a content calendar, and optimize for SEO.
- Investment: Low for website hosting, video equipment, and marketing.
- Skillset: Content creation, SEO optimization, and basic video editing. Utilize online courses and platforms.
- Success Rate: Moderate to high, with consistent content production and effective promotion.
- Pros and Cons: Build a personal brand; requires dedication to content creation.
- Market Size: Expansive, with the global sports media market projected to reach $180 billion by 2023.
- Whom to Hire: Freelance writers or video editors.
- Where to Hire: Freelance platforms or specialized content creation agencies.
- Sports Photography
- Description: Provide photography services for sports events, athletes, or sports-related brands.
- Earnings Potential: $500 – $5,000 per event or project, depending on scale and usage rights.
- How to Start: Invest in quality photography equipment, build a portfolio, and market your services.
- Investment: Moderate for equipment and marketing materials.
- Skillset: Photography, photo editing, and marketing. Attend photography workshops and online courses.
- Success Rate: Moderate to high, with a compelling portfolio and effective marketing.
- Pros and Cons: Capture unique moments; requires initial investment in equipment.
- Market Size: Substantial, with sports photography in high demand for events and marketing materials.
- Whom to Hire: Assistants for logistics and equipment management.
- Where to Hire: Networking events, industry forums, and freelance platforms.
- Sports App Development
- Description: Develop and market a sports-related mobile app catering to a specific niche.
- Earnings Potential: $5,000 – $50,000 monthly, depending on app popularity and monetization strategies.
- How to Start: Identify a gap in the market, hire app developers, and focus on user-friendly design.
- Investment: High for development, marketing, and ongoing updates.
- Skillset: App development knowledge, project management, and marketing. Collaborate with experienced developers or learn through courses.
- Success Rate: Moderate, with thorough market research and effective marketing strategies.
- Pros and Cons: Passive income potential; requires substantial upfront investment.
- Market Size: Expanding, with sports apps gaining popularity globally.
- Whom to Hire: App developers, designers, and marketing specialists.
- Where to Hire: Freelance platforms or specialized app development agencies.
- Sports Affiliate Marketing
- Description: Partner with sports brands to promote their products and earn commissions on sales.
- Earnings Potential: $500 – $5,000 monthly, depending on affiliate partnerships and audience size.
- How to Start: Join affiliate programs, create content promoting products, and leverage your audience.
- Investment: Low for marketing and creating affiliate-friendly content.
- Skillset: Digital marketing, content creation, and analytics. Learn through online courses and affiliate marketing platforms.
- Success Rate: High, with strategic product selection and effective promotion.
- Pros and Cons: Passive income potential; requires consistent audience engagement.
- Market Size: Growing, as e-commerce and affiliate marketing become integral to the sports industry.
- Whom to Hire: Virtual assistants for analytics and campaign management.
- Where to Hire: Freelance platforms or specialized affiliate marketing agencies.
- Sports Analytics Consulting
- Description: Provide data-driven insights and analytics services to sports teams, agencies, or brands.
- Earnings Potential: $3,000 – $30,000 per project, depending on scope and client.
- How to Start: Showcase expertise, build a portfolio, and network with potential clients.
- Investment: Low for marketing materials and attending industry events.
- Skillset: Data analysis, statistical modeling, and presentation skills. Learn through online courses and industry conferences.
- Success Rate: High, with a strong analytical background and effective client communication.
- Pros and Cons: High-demand skill; requires continuous learning to stay updated.
- Market Size: Expanding, as sports organizations increasingly rely on analytics for decision-making.
- Whom to Hire: Data analysts or assistants for administrative tasks.
- Where to Hire: Freelance platforms or industry-specific job boards.
These side hustles provide International Sports Marketing Managers with diverse opportunities to capitalize on their expertise, expand their networks, and increase income streams. When considering a side hustle, it’s essential to align your chosen venture with your skills, interests, and available resources, ensuring a successful and fulfilling experience in the world of sports business.
