Top 3 Ways to Make $100 Per Day as a Broke Individual
Hey, fellow Freedom Fighters! In today’s guide, we’ll explore three effective strategies to help you earn an extra $100 per day, even if you’re currently low on funds.
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Now, let’s jump into the first method.
1. eBay Drop Shipping
For those in dire financial straits, eBay drop shipping offers a promising solution without any upfront costs. Here’s a quick breakdown:
- Identify Demand: Search for trending products on eBay, like bunk beds, and analyze sold listings to gauge demand.
- Find the Supplier: Connect with a supplier (e.g., Walmart) offering the product at a lower cost.
- Leverage eBay Traffic: List the product on eBay using the supplier’s images and information, tapping into eBay’s extensive user base.
Pros and Cons: While this method requires no advertising expenses, the downside is the lack of ownership over traffic, leading to increased competition.
2. Shopify and Facebook Ads
For those ready to take the next step, setting up a Shopify store and using Facebook ads can offer more control over your business. Here’s a simplified guide:
- Niche Research: Identify a passionate niche on Facebook, such as fishing enthusiasts.
- Utilize Shopify: Set up a Shopify store and source products from platforms like AliExpress.
- Facebook Ads: Run targeted ads to your chosen niche, directing traffic to your Shopify store.
Pros and Cons: This method provides increased control over branding and potential for higher profits but demands more effort in setting up and managing ads.
3. Instagram Influencer Marketing
As you accumulate experience and resources, Instagram influencer marketing can be a lucrative option. Here’s a brief overview:
- Find Influencers: Identify Instagram influencers within your niche, like cat lovers.
- Product Promotion: Reach out to influencers, offering compensation for promoting your product.
- Profit from Sales: Capitalize on the influx of interested buyers as the influencer showcases your product.
Pros and Cons: While this method offers targeted exposure, success depends on effective collaboration with influencers and requires an upfront financial investment.
Conclusion:
In summary, these three strategies provide a progressive path for individuals aiming to make $100 per day.
Whether starting with eBay drop shipping, advancing to Shopify and Facebook ads, or exploring Instagram influencer marketing, choose the method that aligns with your resources and goals.
Best of luck on your journey to financial freedom! If you found this guide helpful, don’t forget to Clap, Comment, and Follow for more insightful content.
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