In the long run, product sellers earn their side income from buying up products that they can sell online at a higher price again. This requires – as before the days of the Internet on the flea market – a certain flair or else a thorough price research of a sales product.
A little time-consuming, this side income is already. On the other hand, it is relatively easy to store bought-up goods at home and to deal with products that you yourself find exciting.
How do order placement portals work?
In the U.S., there are apps and websites like Fiverr, where anyone can offer a service that they are proficient in and want to offer for $5. This application in particular is also accessible to German users. However, there are also German-language portals and exchanges for such work. Mainly you will find there interview transcriptions, data controls or jobs for writing texts, occasionally there are also completely different ideas.
Orders can be placed by anyone who has paid work to do.
Client and contractor negotiate the price and decide on each other, which may result in a small agency fee. This is usually paid by the contractor. Then the work can begin.
- Accepting home work through contracting portals is a bit risky, since you arrange the payment of earnings among themselves.
- The portal is only responsible for the mediation, but does not collect any receivables and does not take the payment upon itself. That is why you need to carefully consider for whom you are taking on work. An advance payment secures, is however surely not in each case so simply possible.
- Used by the self-employed to obtain orders.
It may therefore be that clients require business registration, as they too are tradespeople and must issue and receive invoices. However, to occasionally get exciting jobs and work individually with real contacts from home, such portals are a good and reliable source of orders.
What to watch out for when working from home online on foreign websites?
Websites such as Amazon’s Mechanical Turk or the American app Fiverr are among the most popular foreign providers of home-based work on the Internet. They are basically open to German users as well, but are geared towards their respective markets. That’s why you have to pay attention to a few additional things when working from home on foreign websites.
First of all, you need to be very confident in the foreign language the website works with. Usually, one needs to have a good command of English in order to use additional resources, as most of the foreign home work opportunities on the Internet originate from the English-speaking world. This is not only for understanding the portal, but also for performing tasks. For example, if one is checking records in English from the USA, one will have to learn to understand the American address system and will have to rely on English-language sources for research. Also, in quality controls, one would quickly be noticed if one were not yet confident enough in the language.
With small side earnings, the billing is usually unproblematic. However, especially foreign websites like to transfer money to a PayPal account, because such transfers are feasible without great difficulties in the international area. Such a PayPal account can be set up quickly and the money can be transferred from there to a bank account, for example. If you work commercially, you should clarify once with your tax advisor how, for example, income from the USA is regulated under tax law and how you have to proceed with it.
How can you recognize serious home work on the Internet?
Unfortunately, the keyword “working from home on the Internet” does not exactly enjoy the privilege of being considered reputable. All too often, one encounters dubious offers, pyramid schemes and exaggerated promises that the provider cannot keep afterwards. Sometimes there is even the risk of data theft – or worse. So how can you recognize serious home work on the Internet and protect yourself from fraudulent offers?
Basically, you should become very alert if the job consists of marketing. Often, this involves eBooks, subscriptions or sometimes even products. eBooks can even still be harmless, what’s risky about them is the amount of time you have to invest in selling them – it’s often not worth it unless you’re a savvy and experienced online marketer. Subscription models, on the other hand, which often disguise their true offer, pose legal risks if customers find out they’ve fallen for a subscription trap.
- Offers that promise extremely high earnings and do not want to reveal the content of the work until they are contacted are also dubious.
- One may assume that the type of home work is not something that one would do voluntarily, because otherwise it would be communicated. Basically, one should also not arrange for any payments to be made in order to open up the opportunity of working from home on the internet.
- This is not necessary with serious opportunities. Presumably, once the payment has been made, one will never hear anything about the home-based work again.
With all due caution, however, there are always new, innovative home-based work opportunities on the Internet. Not everything that carries this designation must be unserious. If in doubt, a Google search for the name of the provider will help. Often, testimonials will appear among the first search results, which you can use to quickly determine whether the home-based work is reputable or not.