Before you sign up for another grocery delivery job, have a look at this list of inventive ways to generate money. Many need you to be creative, while others aren't your typical side hustle.
While some of these money-making ideas are simple ways to make an extra $20 per month for your savings account, others may earn you hundreds or thousands of dollars, and others will even get you started on your own side business.
6 Creative Ways To Make Money
Scroll down to uncover methods to complement your full-time work or just to find a unique way to make money. Links are provided to help you get started.
1.Create Podcasts
Earning potential: $22 per episode with 1,000 listeners to $27 per episode with 1 million listeners.
You may offer subscriptions to listen to podcasts or utilize them as an advertising platform if you make them. A fast search on iTunes can reveal whether or not there is a demand for a topic you may supply. If there is, make your podcast the greatest on the subject or give it a cool spin.
You may generate money in a variety of ways, the most popular of which is advertising. Once you have a fair number of listeners, you may attract advertisers who will pay to be included in your podcast, generally in the form of native advertisements – ads that are read directly by the presenter within the podcast.
Advertisers pay depending on the “cost per thousand listeners,” or CPM, of a podcast. (The M is an abbreviation for the Latin word "mile", which means "thousand.") The average CPM for a podcast with 500 to 999 listeners is $22, according to advertisecast.com. Rates rise as the number of listeners increases. The CPM for podcasts with 100,000 to 999,999 listeners is $27 on average.
Midroll, for example, assists podcasters in finding advertising.
You may also charge a monthly membership fee (often between $5 and $15) or crowdsource funds directly from your listeners via services like Patreon, Go Fund Me, or Indiegogo. It's generally better to use an all-of-the-above strategy.
Links:
1. Midroll
2. Patreon
3. Go Fund Me
4. Indiegogo
2. Start A Spray Tan Bussiness
On Amazon, you can get a hand-held spray tan machine and tanning lotion for $300. Then charge $25 for each person, which is less than what tanning salons charge. Once you've tanned 25 customers, the machine is paid for, and everything after that is profit, profit, profit.
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3. Join An Online Focus Group
Earning potential: $20 per hour up to $600 per week
Focus groups may pay quite well for the amount of time you actually "work," offering a steady stream of side money.
Most focus groups take between 30 and 90 minutes to complete. When participating in a focus group remotely, you may be requested to complete a multiple-choice survey. The majority of the time, though, you will do a phone or Zoom interview with a live person.
You may be asked to answer questions like your favorite margarita recipe, how you're coping with pandemic parenting or a survey about your job.
Some focus groups may need you to spend time outside of the interview. For example, you may be required to test a certain product or keep a record of your experiences. This extra time is frequently factored into pay.
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4. Post Reviews and Photos
Potential earnings: $10 to $25 with gift cards, free items, or services
You might connect with firms ready to pay for product evaluations if you have a large Instagram following or your own blog or website that receives a lot of traffic. For example, at SocialSpark.com, you may be compensated for showing your followers why you appreciate a certain product.
Accept assignments only for items you truly enjoy to prevent selling fake reviews.
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5. Write For Revenue Sharing Sites
Potential earnings range from $50 to $500 per article.
The revenue-sharing services that pay for content, such as Dotdash and HubPages, are the simplest to enter into.
These websites do not need you to be a well-known author. You may write as many articles as you like, and if they produce income (in the form of clicks, views, sales, or shares), you'll earn a cut.
Some sites may pay you a fixed price of 70% of what they gain from your work, while others will pay you each view or remark. In any case, if no one sees your content, you make no money. But, hey, at the very least, you get a byline. If you're a new freelance writer, they can help you build your portfolio.
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6. Test Websites
Earning potential: $10 for each 20-minute to one-hour shift.
Websites should be highly user-friendly – so simple to use that even a drunk person can use them.
Richard Littauer, a user experience expert, took the notion extremely seriously. He founded "The User Is Drunk," a company in which he assessed people's websites after consuming too much beer. And his concept took off.
“I immediately increased my price for reviews from $50 to $500,” Littauer told The Penny Hoarder, “hoping that people would stop purchasing so that I wouldn't have to be drunk all the time.”
To maintain a continuous flow of work, you may need to be innovative, like Littauer was, and develop your customer base. Sign up for services like UserTesting and TryMyUI to increase your chances of obtaining more tasks (and earning more money).
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