4 Trending Revenue Streams for Interior Designers
/There are several ways to create income as an interior designer other than just offer your typical services and trade products. Depending on your situation some of them may be more inline with your current business. A few of the most popular ways I see interior designers growing their businesses today are below.
1. Affiliate income – You can become an affiliate for several vendors selling furniture, home décor, art, fabric, window treatments and everything else your clients are already purchasing. Add your links to social media and start making sales from people who don’t hire you for your services. I know interior designers who have created mood boards with shopping lists and posted them on Pinterest, Instagram, Facebook, their blog and subscriber email to make more sales.
2. Courses – Online education is huge and there are people all over the world making millions of dollars selling their online courses. It is a lot of hard work to create a course, market it and manage it but you can create one course and sell it over and over again, even while you sleep.
3. Online stores – You could create your own store and sell a variety of things such as a book you’ve written, fabrics or artwork you’ve created, refurbished furniture pieces and a variety of other things.
4. Coaching – Online business coaching is another growing industry and there are many people who benefit from working with a successful interior designer in the industry. Your target market will pay for your mentoring, expertise and knowledge to help them gain success in a quicker fashion than if they were to have to reinvent the wheel themselves.
I’ve personally seen interior designers successfully implement the options above into their businesses. At the end of the day you’ll yield the best results with the options your most passionate about. With any of the above you won’t make money overnight but with some time and dedication you have the potential to make more money than you ever thought possible.
With the new year quickly approaching, what are your goals for your business for 2020? Are you ready to add another revenue stream?