Are you ready to unlock the secrets of making some extra cash from the comfort of your own home? Today, we’ve got a treat for you as we reveal five proven and surefire ways to make $50 a day online in 2023!
The internet offers countless opportunities to earn money, and we’ve done the research to bring you the best methods to boost your income. Whether you’re a student looking to save for that dream gadget or a stay-at-home parent seeking financial flexibility, these strategies are here to help you achieve your goals.
1. eBay, Jumia, Amazon Arbitrage
You can easily make $50 a day with this method. It involves finding reasonably cheap products on these marketplaces, creating a similar listing with better descriptions and images, and then marking up the item prices by $5-$10, depending on how expensive the product was in the first place.
When someone places an order with you, you go to the original seller, buy the item from them, and have it shipped directly to your buyer. This means you won’t have to deal with shipping fees.
However, you also have the option to have the item shipped to you and then you send it to your customer. In this case, you will need to pay shipping fees, which will reduce your profit.
This concept can also be applied to Facebook Marketplace. You can source cheap products on eBay, Jumia, or AliExpress, and list them on the Facebook Marketplace. When you find interested buyers, buy the item from the marketplace and deliver them.
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2. App Re-skinning
Re-skinning an app means slightly modifying its source code to create an application that looks completely different. When browsing through the app store, you will find some apps with similar looks, the same concept and design, but not identical. These are re-skinned apps.
With app re-skinning, you can earn five dollars or more per day, depending on your approach. To earn from app re-skinning, you need to buy an app template, modify the template by changing the graphics, and sell the app.
Typically, re-skinning an application will take one to three hours, depending on your experience. Each app will usually earn you $100 to $300.
The best part about app re-skinning is that you don’t necessarily need any coding experience to earn from it. To get started, visit sites like Chumpamobile to buy an app template. Afterwards, change the graphics, app icon, and name. Then, sell the modified application on an auction marketplace like Flippa.
App re-skinning may seem a bit complicated at first, but once you get into it, everything becomes familiar, and you can make a lot of money in a relatively short time.
3. Affiliate Marketing As a Business Model
Affiliate marketing is one sure way to earn at least five dollars a day if you know your way around it. What We like about it is that it’s less risky, and you don’t have to deal with inventory. You can even start with just your device and internet connection.
All that’s required is to discover where the demand and supply are. Unlike drop servicing and drop shipping, you don’t have to build your supply chain.
In case you’re wondering what affiliate marketing is, it involves promoting other people’s products and services using affiliate links. If someone signs up, buys something, or takes a certain action, like filling out an online form or entering their email address, you get paid a commission.
It’s easy to find affiliate products to promote since many companies worldwide have affiliate programs or are listed on affiliate networks.However, remember that affiliate commissions vary from company to company and from one network to another.
For example, ClickBank’s affiliate commissions range between 40% and 80% per sale. If you sell just two products that cost $50 and offer a 45% commission each, you will make (2x$60×0.45 = $54) that day.
This means you need to figure out how to sell two products daily to meet your everyday target. One sure way to do this is to identify those in dire need of the product and recommend it to them.
How to Promote Affiliate Offers
There are two ways to promote your affiliate offers. The first method is free traffic sources, while the second is paid advertising.
The paid traffic method is easy and guarantees faster results but requires money. All that’s required in this method is to create an engaging ad and post it on your favorite ad network, targeting those interested in the product.
Examples of the ad networks you can use include Facebook, Google Ads, and YouTube Ads. However, remember that you must learn copywriting basics to write engaging and persuasive copy that drives sales.
On the other hand, the free traffic method takes a bit of time and requires hard work since you will drive free and organic traffic to your offers. You can do this in many ways, including blogging, writing articles on forums, YouTube and social media.
If you’re using forums and social media groups, you can write articles and direct the traffic to your website or your affiliate offers. However, we don’t recommend directing traffic directly to your affiliate offers because forums and social networks may shut you down.
Many forums, including Quora, Reddit, and LiveJournal, will not permit you to insert affiliate links directly. Therefore, you should use a bridge page instead.
A bridge page is an intermediary page to create a shield between your article network, forum, or social network and your affiliate offer. The better strategy is to direct traffic to your blog or Web 2.0 property. It would be best to do the same with social media platforms like Facebook or Twitter.
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Making $50 a day freelancing is possible. Let’s take Upwork as an example. There are many jobs posted on the platform. The lowest job rate you will find on the platform is $5/hr.
If you can complete a task on the platform daily, you’ll make $50 daily. Besides Upwork, there are several other sites where you can find freelancing jobs. These include:
- Flex Jobs
You must have digital skills to make money with this method. The freelancing skills you need to make $50 a day online include writing, graphic design, video editing, voiceover, and transcription. You can take online courses on platforms like Alison and Coursera to acquire a digital skill you can offer clients on these platforms if you don’t already have any.
5. Start Dropshipping
Dropshipping is another proven way to make $50 a day. This online business is similar to eBay, Jumia, and Amazon arbitrage. The only notable difference between the two is that in arbitrage, you’ll buy the product before selling it to a buyer. But with dropshipping, you can list the product even without buying it.
Dropshipping is a business model where you act as a middleman, selling products to customers without holding inventory. Making $50 a day through dropshipping is achievable. All you need to achieve it is a well-executed strategy and consistent effort. Below are the steps to follow to make $50 a day online through dropshipping:
- Product Niche Research: Conduct thorough market research to identify a profitable niche with sufficient demand and low competition. Look for products with a high potential of generating sales and fit within the $10-$30 price range.
- Find Reliable Suppliers: Look for trustworthy suppliers who offer dropshipping services. Popular platforms like AliExpress or Oberlo are excellent resources for finding suppliers.
- Set Up an Online Store: Create a user-friendly and visually appealing online store using platforms like Shopify, WooCommerce, or BigCommerce. Make sure to optimize your store for mobile devices as well.
- Product Selection: Carefully select products that align with your chosen niche and have good reviews and ratings. Avoid products with long shipping times or quality issues to ensure customer satisfaction.
- Marketing and Promotion: Implement effective marketing strategies to drive traffic to your store. Utilize social media marketing, influencer partnerships, content marketing, and paid advertising to reach your target audience.
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There are many ways to make $50 a day online in 2023 consistently. From doing eBay arbitrage or re-skinning apps to affiliate marketing and freelancing. By tapping into your skills, interest, and available resources, you can generate a constant income stream flexibly and conveniently.