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| Photo by Fiona Murray on Unsplash |
Although it may not be generally recognized, typing names is a legitimate way to earn money online, generating and selling names to businesses, to be more accurate!
I want to talk about this little-known internet business opportunity today because I think it’s a great concept for a side business.
Are you prepared to begin?
Here is all the information you require regarding typing names to earn money.
How can I type names online to earn money?
Although that might seem completely unbelievable, it is true:
Just inputting names will bring in money. In truth, typing names online may be done in a few different methods that allow you to earn money.
But now, I want to concentrate on a specific typing side business opportunity provided by an online business called Squadhelp.
Why use Squadhelp?
The truth is that compared to other typing jobs, Squadhelp actually gives you more options to generate money. It can also be a very lucrative side gig as a result.
So let’s explore Squadhelp in more detail and how you may earn money online simply by typing names.
Squadhelp: What is it?
Did you see how much that one cost?
You’ll make a fortune when this company name sells if you’re the one who came up with it.
Because there are plenty of companies and business owners on Squadhelp, I say “when.” They have so far assisted more than 14,000 brands all around the world in finding the ideal name.
And it’s understandable why they choose Squadhelp, as companies can additionally,Perform audience testing on the names they have selected.
Partner with Squadhelp branding consultants to hold competitions to find and secure names, logos, and taglines from beginning to end.
Have Squadhelp conduct trademark research and file for trademark protection.
Check out Squadhelp’s very own video describing how their platform functions for more details on how the service operates from the standpoint of a business:
Is Squadhelp a real company?
Yes, Squadhelp is a legitimate website that pays people to name companies and design logos. Approximately 14,000 firms and entrepreneurs have already benefited from the over 70,000 creatives, that make up the Squadhelp online community, which has helped them find names, logos, and slogans for their businesses.
Additionally, Trustpilot has given Squadhelp a rating of 4.6/5, which is considered “Excellent.” Therefore, you should surely take into account this high ranking while making your choices if you want to get paid to name businesses or access thousands of name suggestions for your company.
On Squadhelp, is it possible to generate money?
Yes, to be brief. Creating names for businesses on Squadhelp is undoubtedly a way to generate money.
Simply have a peek at one of the most popular Creatives on the platform right now:
By winning naming competitions and selling names on the Marketplace, this Squadhelp user has already earned more than $70,000.
Therefore, there is undoubtedly money to be made.
However, you’ll need to create names that are actually distinctive and original, or if you like, logos and taglines, to be truly successful on Squadhelp and make excellent money typing names.
How much money can you make if you have good name ideas?
The number of contests you enter, the prize money, the number of contests you win, and whether or not you use the Marketplace to sell there will all have an impact on how much money you can make on Squadhelp.
The quantity of each contest’s reward depends mostly on the pricing bundle a company chose.
Squadhelp offers the following plans for business names, and you can check how much you’ll make by winning each kind of naming competition, to give you an idea:
- Bronze: Business Cost: $299; Creative Award: $135
- Gold: Business Cost: $449; Creative Prize: $200
- Managed — Business Cost = $999, Prize to Creative = varies, but expect $300-$500
- Platinum — Business Cost = $749, Prize to Creative = $300
How do I join Squadhelp and start swiping names for cash?
Squadhelp registration is simple and, better yet, free.
Simply visit Squadhelp and click “Signup” in the top right corner to get started.
This screen will appear when you set up an account:
Click the “Join as a Creative or Marketplace Seller” link if you wish to be compensated for naming businesses.
You will be somewhat vetted as a new Creative on the site once you join Squadhelp. Only 2 contests will be automatically assigned to you so that you can submit your entries. Apart from these 2, you won’t be allowed to participate in any other competitions.
If companies “like” some of your submissions in those first two categories, Squadhelp will grant you access to all contests currently open to Creatives.
Next, let’s look more closely at competitions and other revenue-generating opportunities on Squadhelp.
How do you profit from Squadhelp?
1. Enter competitions
After setting up your account, you should start entering and winning naming competitions. This is THE BEST way to do it if you want to earn money inputting names.
Most Squadhelp contests last for approximately a week, and the average price is between $100 and $300, however, some do pay winning Creatives considerably more.
You should start by looking for contests that are currently open for entries. I advise using the filters Naming Only, Active Contests, and Prize Guaranteed to narrow down the search results.
The search dashboard appears as follows:
- Only Names
- Taglines and Names
- Only the tagline
- Logo & Design
When you search for naming contests, they will tell you who can enter and what you need to do to enter.
Consider the following contest descriptions:
Other features of the contest search results include the prize amount (represented by a jewel icon), the company’s industry, and whether or not the contest is open to all creatives or Tier A Creatives.
Tier A Creatives: What are they?
These Squadhelp creatives have (often) won many contests or made sales of names on the Marketplace, demonstrating repeatedly that they have good naming ideas.
So how do you become Tier A?
The solution is easy:
Don’t enter competitions with just any name. On this platform, inputting names can earn you money, but:
Your names should match the description of your company, be distinctive and appealing, and be available as a comparable domain name.
But don’t worry. Squadhelp will automatically verify that the URLs or domain names associated with your smart name suggestions are also available.
You may now assess the success of your name suggestions after entering a contest.
Businesses will categorize your suggestions as:
- Sorry, no thanks.
- on the right path.
- Enjoy it.
- adore it
- Shortlisted.
If the words “Love it” or “Shortlisted” appear next to your names, you can be sure that you have a chance to take home the contest’s grand prize.
2. Market names, logos, and taglines there.
Selling on the Squadhelp Marketplace is a terrific way to use Squadhelp and earn money online by inputting names.
However, you won’t usually just list names for sale. You’ll put together a sort of “brand package” that contains name of the company
- Domain/URL that corresponds
- Logo
- A brief “About” statement
- Potential applications (what industries and types of companies the name matches well with)
- Used root words
- Important emotions and feelings (the name triggers in consumers)
The stronger each of these sections is, the more likely it is that you will be able to make money creating and selling names.
And there are numerous business categories for which you can generate names. Squadhelp’s top categories are:
- Beauty
- Consulting & Agency
- E-Commerce
- Clothing & Fashion
- Finance
- Actual Estate
- Tech
You are free to generate and market brands in any areas that catch your attention or that you feel you have strong ideas for.
How much money can you expect to make selling on the Squadhelp marketplace?
You can make thousands of dollars selling branding packages if your names, logos, and descriptions attract businesses.
The phrase “thousands of dollars” is not a typo.
The average price per sale is between $2,000 and $5,000!
Additionally, if your names don’t sell right away, you can eventually lower your price and put them up for auction. Once offers are made, you can compare them before selecting the best one for your business.
So go typing if you have some amazing concepts for company names and list them on the Marketplace. This is a great method to increase your revenue on the Squadhelp platform, especially if you can design eye-catching matching logos.
Last but not least, you can earn money by signing up as an affiliate with Squadhelp.
You’ll immediately get access to an affiliate dashboard after signing up.
Three additional options to earn money are displayed on your dashboard:
- Every client who starts a Squadhelp contest receives $30.
- Every purchaser of a domain from the Squadhelp Marketplace will receive $35.
- When friends or family members register for a Squadhelp account, you can earn points.
As a result, you can earn more money if you encourage friends and relatives to utilize the platform as Buyers or Creatives.
How am I paid for typing names on Squadhelp?
You must set up your Paypal or Payoneer account on Squadhelp to receive payment for any contests you win or names you sell.
To get any money, you must additionally submit a W9 form and your tax identity details.
You cannot receive payments by a direct bank transfer or by using any other method since Squadhelp only accepts payments through PayPal and Payoneer.
