The Services With the Highest Profit Margins to Sell via Drop Servicing
The Services With the Highest Profit Margins to Sell via Drop Servicing
Drop servicing may have been all the buzz a couple of years ago, but it's been around for decades in one form or another. It's a simple way to make money by finding someone who needs a service performed and then hiring someone else to do the work for you while pocketing the difference.
There are a lot of services that can be drop serviced, but not all of them are created equal. Some have higher profit margins than others, and some are just more in demand than others.
If you're thinking about starting a drop servicing business, or if you're just looking for ideas of what services to offer, here are some of the most profitable options:
1. Graphic design
Graphic design is always in high demand, and many businesses and individuals are willing to pay top dollar for quality work. You can find graphic designers on sites like Fiverr or Upwork, and you can easily charge $50-$100 per design project.
The key here is to find a designer who can produce high-quality work quickly. The faster they can turn around projects, the more money you'll make. Also, be sure to get a portfolio of their work before you hire them so you can see what they're capable of.
2. SEO services
SEO is another service that is always in demand. Businesses are constantly looking for ways to improve their search engine rankings, and they're willing to pay good money for it.
You can offer many different SEO services, such as keyword research, link building, and on-page optimization. Since it's super easy to outsource SEO work, this is an excellent option if you're looking for a high-profit margin business.
Also, don't shy away from offering SEO to local businesses in your area. There are a lot of small businesses that could really benefit from SEO but don't have the budget to hire a full-time in-house person or agency.
3. Social media marketing
Companies these days need someone to manage their social media accounts. This involves posting content, engaging with followers, and running ads. Social media isn't going anywhere, so this is a great long-term business to get into.
Like SEO, there are a lot of different aspects to social media marketing, so you can offer various services. You can also specialize in one platform, such as Instagram or Facebook.
The best part about social media marketing is that outsourcing is relatively easy. You can hire someone to do it from sites such as Onlinejobs.ph or find a freelancer.
4. Copywriting
Copywriting is another high-demand, high-profit margin service. Businesses will pay incredible amounts of money for quality copy, and it's a skill that is always in demand.
The amount of money you can make drop servicing copywriting is crazy. You can easily charge $500-$1000 per project, and some projects can take as little as a couple of hours to complete.
Of course, the key here is to find a copywriter who can produce quality work quickly. Once you find a good copywriter, you'll be able to make a lot of money drop servicing this service.
5. Web design and development
Every business needs a website these days, and many have no idea how to build one. That's where you come in.
You'll need to understand the lingo and have at least a basic understanding of how to design and develop websites. You pass along the work to whoever you hire and have them design the site. You should expect the customer to want minor changes, which shouldn't surprise you. It's rare that any design is perfect right out of the gate, so you'll want to find a designer willing to make changes for free or at a very low cost.
These are just a few drop servicing ideas to get you started.
Any service that's performed online can be drop serviced. These are just a few ideas to get you started. The key is to find services that are in high demand and that you can easily outsource. Once you find a few good services, you can earn a decent amount of money without much work.