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Millions of people are now turning to the internet to make money.
I've done most of these side hustles over the last seven years or so to fill in income while I was building my business and I think you're going to want to stick around because this year I'll be trying each one of these side hustles as a challenge.
These are the ways to make $100 per day online:
Affiliate Marketing
Now, you may have heard of this one, affiliate marketing. This side hustle comes in many different forms. Affiliate marketing is a very popular way to increase your income, probably because there is practically zero barrier to entry. It's pretty simple you just refer customers to other companies existing products, and you get paid a commission.
The more consistent your sales are, the more money you make. And the best part is you don't have to deal with customer service at all. Plus, the higher price of the product, the higher the commission. Websites like Amazon and Clickbank are great if you want to get started. If you can find a higher priced product that you believe in that you can refer customers to, you'll get a higher commission.
Therefore, you'll have to sell fewer units of that to get to your hundred dollars per day. Otherwise, you can sell a lower price item and sell a higher number of those units to reach the $100 per day.
The most authentic way to do affiliate marketing and not feel salesy is to recommend products that you use and believe in, and that's exactly what I would recommend.
Online Surveys
There really are authentic websites out there that pay you to take surveys.
SurveyJunkie is a great market research website that lets you earn about two to $5 per hour depending on your location. Some people have even earned over $200 when they're part of a demographic that's ideal for research being carried out on the website.
Another similar option is Respondent.io
They pay you money to participate in one-on-one consumer research and focus groups. Marketers need this information and they're willing to pay you for it. The money you earn through Respondent obviously depends on the kinds of surveys you take. But because companies like Alibaba, Ebay and Weebly use Respondent for their market research, you can easily earn around $100 to $200 per survey. Both Respondent.io and SurveyMonkey are 100% legit and will definitely help you make some quick cash on the side with honestly little to no effort.
Physical Product
With the growing rise in ecommerce, especially during the pandemic, people are switching over to online shopping now more than ever, and there's a massive opportunity in the ecommerce physical product space. So, dropshipping is where you'll see the most competition since you won't need to invest in inventory. But it's still possible to get this kind of business to well beyond $100 per day.
Beyond dropshipping though, selling a unique or at least a white labeled product is probably the way to go. That way, you're building a valuable brand or an excitable venture. With the rise in ecommerce, there are endless online marketplaces that you can use to sell stuff. The most popular ones include Shopify, Etsy, Amazon, and a new option in Walmart Plus.
But it's important for your products to get the right exposure for higher sales. Most of these websites have a system where you need to select two or three trending keywords or important keywords and include them in your product listing.
For a higher search ranking, you'll want to do plenty of research to see what products are selling well, what products won't cost much to ship, or what kind of products might be trending up. All important aspects to dive into before choosing your first product and setting up your store. While physical products can have a higher barrier to entry,
Digital Product
are the exact opposite, which is why they are likely a better option for your first side hustle. You won't have to deal with any type of physical inventory, packaging or shipping, and they have a much higher profit margin, so you make the product once and deliver it to your customer online. Customers can easily access products after a quick download of additional files. With websites like Sellfy, Wix, Squarespace and ClickFunnels, you can easily create your own online store to sell all kinds of digital products like e-books, audiobooks icons, fonts, printables templates, the classic nuts and presets, and so much more.
All you need is a computer and some time to get your store up and running to turn your hobbies into full time earning opportunities. And if you have something to sell as a digital product, you probably also have skills you can get paid for.
Selling your services online
With platforms like Fiverr and Upwork, you can sign up to work as a freelancer in pretty much any field that you're interested in or skilled in design on your one to five. Most marketable skills come up with your pricing and then make a profile on these freelance platforms. This can include graphic designing, digital marketing, writing or translation, YouTube editing, podcast editing, animation, sound effects, music production, voiceover recording, funnel building, being a virtual assistant, data entry, research, pretty much anything that you can think of. You could sell as a freelancer on one of these sites that makes it really easy for you to connect with business owners who need these services.
I've seen Fiverr sellers with nearly 100 jobs in their queue.
So, if you have valuable skills and the time to fulfill orders, you can very quickly be making $100 per day on any of these freelancing sites. And what's great is that you can actually build this into a full-time business and income if you want too as well.
Coaching and Courses
Another fantastic option, and probably the best option - is to start coaching others.
Once you've mastered the art of coaching, you can actually take your teaching to the next level by designing and offering an online course. The great thing about teaching online courses is that it's completely scalable. You're no longer trading your time for money. So, people sell courses in a huge variety of subjects like photography, cooking, personal development, marketing, technology, fitness, and so much more.
There's so much opportunity. If you can think of something that you know how to do better than other people or more than the average person, you can fill it as a course.
Platforms like Coursera, Podia, Teachable, ClickFunnels, Kajabi, and so many more options provide your students with a fantastic course experience.
Depending on how big the pain point and therefore how valuable your skill is to the market, you can charge anywhere from $100 to a $1000 per course.
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