7 Most Lucrative Side Hustles in 2024 | Name.com

7 most lucrative side hustles in 2024

Nowadays, a traditional 9-to-5 job isn’t the only path to financial stability. More people than ever are embracing the freedom and income potential of side hustles. In fact, surveys indicate that 39% of the U.S. workforce has some type of secondary income stream beyond their primary job.

In 2024, the appetite for these flexible “side-gig” opportunities shows no signs of decreasing. Fueled by a desire for extra cash, more control over their time, and the pursuit of passion projects, go-getters across industries are seeking out lucrative side hustles.

If you’re ready to capitalize on booming opportunities and start unlocking financial freedom, read on for 7 of the most lucrative side hustles of 2024.

#1. Digital Marketing

The digital world is ever-expanding, and with it, the need for skilled digital marketers. Businesses, both large and small, need professionals who can navigate the complex waters of:

• Online and pay per click (PPC) advertising
• Search engine optimization (SEO)
• Email and campaign marketing
• Social media management

With the right skills and strategies, digital marketing ranks among the best top-paying side hustles—especially for those with expertise in specific niches or industries. Consider a .marketing, .market, .agency, .consulting, .digital, .social or .online domain name to solidify your professional online brand in this lucrative space.. 

#2. Web and Presentation Design

Successful business owners find themselves too busy running their businesses to give proper time and attention to their enterprise’s more aesthetic elements. 

From crafting intuitive user interfaces to designing captivating slide presentations, creatives with an eye for detail are invaluable in helping overwhelmed entrepreneurs establish their online presence. As you build your portfolio and reputation, you can attract higher-paying clients to transform your side hustle into a genuine source of income. 

And, building your online portfolio can be easier than you may think with the Wix Website Builder and our hub of resources to start your web and design side gig online. Combine that with a .design or .graphics domain, and you have secured a robust digital foundation to build your design platform on. 

With the right combination of creativity, technical expertise, and business acumen, the possibilities for growth and profitability in this field are limitless.

#3. Content Creation

In 2023, the Global influencer and creator market increased to $21 billion, with no signs of slowing down. With a low barrier to entry yet potential for significant returns, this broad category covers a variety of mediums, such as: 

• Blogs 
• Videos 
• Podcasts 
• Social media posts
• Photos
• Infographics

Interestingly, 70% of paid content creators spend less than 10 hours a week engaging audiences with fun, educational, and value-driven content. By opening the door to partnerships and advertising opportunities, creators can talk about what they love—and get paid for it. 

Content creators understand the value of maintaining a presence across platforms and seek efficient ways to guide followers between them. With most platforms allowing only one social link, creators utilize their ‘link in bio’ as a centralized hub for all their content. Choosing a .bio or .link domain not only clarifies the page’s intent but also resonates with the widespread familiarity of the “link in bio” concept, offering users confidence in navigating curated content effortlessly.

Choosing a .bio domain for this link ensures clarity, aligning perfectly with the widely recognized term “link in bio”. This reassures users that they’re in the right place.

#4. Online Tutoring

Post-pandemic, the shift towards remote learning has increased the demand for knowledgeable tutors. Anyone with a few hours of spare time and subject matter expertise can start online tutoring, teaching in areas such as:

• Academic subjects for K-12 students 
• English as a Second Language (ESL)
• Art, music, or other hobby-related skills

Tutors with an engaging teaching style and the ability to build rapport through a screen can often charge even higher rates, all while setting their schedules from the comfort of a laptop or smartphone. Start your online tutoring side hustle by securing a .study, .academy, .coach or .education TLD. These can be paired with our top-notch tools designed for launching an online business, like Google Workspace, Titan Emai, or WordPress Hosting.

#5. Sitting Services

While not a new concept, sitting services have certainly taken on a new dimension in the modern era. From pet sitting and house sitting to babysitting and even virtual sitting (assisting with online tasks or customer service), there are numerous opportunities to turn your caregiving skills into a money-making side hustle. 

Secure a care-focused domain like .care, or .baby for babysitting, .house for housesitting, and .pet for petsitting. This will help build trust with your network and showcase your professional experience online. With the rise of on-demand services and the increasing need for trustworthy and reliable sitters, this side gig offers plenty of potential for those with a passion for helping others.

#6. Real Estate

From flipping homes to managing rental properties, real estate offers multiple avenues for generating passive income streams. 

Although real estate investing requires more upfront capital compared to other side hustles, the potential returns make it an attractive option for those seeking to build long-term wealth.

Create your professional real estate platform and start securing more listings by adopting a domain like .condos, .properties, .rental, .homes, or .property.

#7. Domain Reselling & Domain Flipping 

In the online world, brandable domain names are prime virtual real estate. These domains create lucrative opportunities for side hustlers with online businesses:

• Domain reselling – By integrating domain reselling capabilities into your platform, you provide your customers with an invaluable service to search for and secure their domain name, to earn you passive revenue on each transaction. 

• Domain flipping – While more research-intensive, opportunistically buying and selling highly brandable domains enables savvy investors to pocket profits with minimal time investment.

Whether through an integrated reseller program, aftermarket, or speculative flipping, having domain investing in your portfolio means capitalizing on an ever-growing global demand.

Start your side hustle with Name.com

Regardless of which side hustle you choose to pursue, having a solid online presence is crucial for success. Embark on the journey of establishing your side hustle with Name.com as your trusted partner. Our platform offers a diverse array of domains, premium tools, and services tailored to help you build and grow your online business effectively. 

Whether you’re just starting out or looking to expand, take the first step toward transforming your side hustle into a thriving enterprise. Visit Name.com today and discover how our comprehensive domain services, website builder, email solutions, and more can empower your entrepreneurial journey.

Sources: 

Bankrate. Survey: 39% have a side hustle, and 44% believe they’ll always need one. https://www.bankrate.com/personal-finance/side-hustle-survey/
Exploding Topics. 30+ Incredible Creator Economy Statistics (2024). https://explodingtopics.com/blog/creator-economy-stats