Connect with us

AFFILIATE MARKETING

10 Easy Ways to Increase Your Income in 2023

Published

on

10 Easy Ways to Increase Your Income in 2023

Are you ready to earn extra money through a side hustle or a new career move? In today’s world and with the right skills, you can boost your monthly income or make a steady stream of passive income relatively quickly. And so if you’d like to know how to make 5K a month working from the comfort of your couch, we’ve got you covered.

Earn some extra cash with these methods. They may require an initial investment of your time and energy, but they can yield huge dividends when you want to start making money online. 

Let’s dive in!

Top 10 Ways to Make 5K a Month

Here are ten creative ways to boost your monthly income starting right now. 

Freelancing with Skills You Already Have

Chances are you have a few talents you started to hone at your current job. Whether you have a knack for words or a way with graphic design, you have a skill that other people might be willing to pay good money for. You can easily find freelance gigs in online marketplaces such as Upwork or Fiverr

Keep in mind that freelancing is not a chance for passive income though. Instead, you will be working to earn that extra cash.

That being said, a freelance gig is still great because you can complete it around your other hobbies, family commitments, or responsibilities. It’s a great way to earn more money during evenings and weekends when you need a little cash infusion. 

You can even complete your work from anywhere in the world, making it great for people who want to travel and afford a luxurious life abroad. 

A few skills that you might be able to make a living with include: 

  • Writing or copywriting
  • Graphic design
  • Search engine optimization (SEO)
  • Transcription
  • Translation
  • Web design

Blogging or Content Creation

10 Easy Ways to Increase Your Income in 2023

Chances are that you have already seen how much monthly income successful bloggers make. You can earn money through blogging by paid advertising, affiliate marketing, or starting your own affiliate program for products that you might sell on your site. You can even write a sponsored blog post for another company and watch the income start to stack up! 

And there are lots of great courses that teach you step by step how to start and grow a profitable blog like The Authority Site System (TASS). It’s a blueprint developed by SEO and affiliate marketing experts with the exact direction you need to kickstart your online business journey.

Of course, blogging isn’t the only form of content creation to consider. 

If you feel comfortable on camera, then it might be time to consider starting a YouTube channel. Once you reach 4,000 watch hours and 1,000 subscribers, you can apply for their YouTube Partner Program, where you earn money based on ads that run on your videos. 

Important to note here is that this a long-term strategy to earn 5k a month. It will take time to build up an audience and start amassing gross income from these avenues. However, if you start now, you could have a nice source of passive income into the future.


Virtual Assistant

1679724930 731 10 Easy Ways to Increase Your Income in 2023

Have you worked as a receptionist or an executive assistant? Maybe you just have great organizational skills and want to experience financial freedom. You can start your own online business as a virtual assistant. 

Virtual assistants make almost $25 per hour on average which means you would need to work 50 hours per week to make a $5,000 monthly salary. 

While it may not be the fastest path to bolstering your savings account, it can be great if you have experience in this area that allows you to command top dollar. The more you can charge per hour based on your experience, the more lucrative this position could be. 

Most virtual assistants will want to specialize their skills and charge a per-project rate. For example, you may charge a monthly fee for managing social media accounts or keeping an email inbox clear. This keeps you from trading hours for dollars and grants you a bit more financial freedom. 


Start an Amazon FBA Business

1679724930 498 10 Easy Ways to Increase Your Income in 2023

Amazon is easily recognized as the go-to place for most people to make a purchase. Take advantage of their name brand recognition and start selling your own wares on their site. Fortunately, this is even easier when you start an Amazon FBA business. 

FBA (Fulfilled by Amazon) is just that: an order that is fulfilled by Amazon while you pocket the profit. How does it work? 

  • You find an item on sites like Alibaba or Jungle Scout that has profit potential. 
  • Set up an Amazon FBA account. 
  • Send the products to Amazon fulfillment centers. 
  • Someone orders your product. 
  • Amazon packages and ships it for you (for a fee). 

For more information on Amazon FBA businesses, here is our case study on starting an Amazon FBA business


Taking Pictures and Selling Stock Photos

1679724930 298 10 Easy Ways to Increase Your Income in 2023

Do you have an eye for taking good pictures? Even a beginner can make good use of YouTube channels and the library to learn more about the art of taking a great photo. Plus, with the improvement in the quality of smartphone cameras, you may not even need to invest in any new equipment.

Instead, you can sell your pictures online to stock photo websites for extra cash. There are tons of places where you can upload your pictures to earn money, including Shutterstock, iStock, Getty Images, and more. 

This is a great passive income idea, as you earn more money based on the number of downloads you have. If you have lots of photos available, the odds are that you will get more downloads over time, snowballing your potential income.

Of course, if you have a knack for photography and some good selling skills, you can also make a living as a freelance photographer. You can take pictures for businesses, couples sessions, maternity sessions, and newborn photographs, just to name a few times when a professional photographer could be involved. 

If you have some equipment and a little bit of creativity, photography is a great side hustle (or main income source). 


Proofreading or Editing

1679724930 657 10 Easy Ways to Increase Your Income in 2023

While most people think of becoming a freelance writer, this isn’t the only area where your skill with words could prove useful. There are lots of different ways to approach a career as a freelancer. Proofreading and editing are also highly sought-after skills for those with a strong command of the language and an eagle eye for technical details. 

You will spend your days reviewing documents for spelling, punctuation, and grammar errors. While it may not necessarily be glamorous, and it isn’t a source of passive income, it can be a great online business idea. 

You can learn proofreading through online courses to give you the confidence to start charging what you’re worth. A good proofreader can make up to $70,000 per year – well above 5k per month! 


Facebook Marketing

1679724930 17 10 Easy Ways to Increase Your Income in 2023

Many people want to use social media to advertise their goods and services. Unfortunately, few business owners have the time or energy to keep up with their Facebook ads. This is where you can come in: earning up to $85,000 annually as a Facebook ads manager. 

Perhaps the best part of managing Facebook ads is that you don’t have to trade hours for dollars. Instead, you can charge a flat monthly fee based on the services you specialize in.

You could charge $1,000 per client – meaning you would only need five clients to make 5k a month.

If you can sell your services to local businesses, you’ll be well on your way to bolstering that savings account in no time at all with the extra income you’ll earn. 

The best part is that you don’t need a degree in marketing to be successful here. You can learn through the free and extensive library of resources offered by Meta

Learn more about whether this is right for you by learning some Facebook ad tips from expert Monica Louie.


Self-Publishing Books on Amazon KDP

1679724930 170 10 Easy Ways to Increase Your Income in 2023

If you truly want to bolster those retirement savings, then it might be time to think about what you can do with Amazon KDP. You can self-publish several short books or even short stories to earn a solid income, mostly passively. The more books you can publish, the higher the likelihood of making money with this passive income idea. 

It’s similar to being a freelance writer, but you’ll be working completely for yourself. 

The best part is that your business will grow exponentially with the more books you publish. When a reader finds one book and enjoys it, they are likely to seek out your backlist and purchase others.

What do you do if writing isn’t your strong suit? You can still self-publish on Amazon KDP by publishing low content books like notebooks, journals, and more. For more information on how to start a self-publishing business with low content books, see our complete guide here. 


Creating a Course

1679724930 987 10 Easy Ways to Increase Your Income in 2023

Do you have a marketable skill that other people would pay to learn? You can market an online course that will help you earn passive income monthly. Plenty of platforms, such as Teachable, make creating your online course a breeze. 

If you want to know how to make 5k a month, creating a course is one of the best ways to go. Some course creators can earn up to $50K per month – a great way to supplement your income. 

The best part is that you can set it and forget it. Once the content is created, you can have a completely hands-off way to earn money. You can even set up an affiliate program for your course, allowing others to advertise for you in exchange for a cut of the sales.

Given that you have to do minimal work for this, it’s a great way to start a thriving online business. 


Real Estate Crowdfunding

1679724930 523 10 Easy Ways to Increase Your Income in 2023

If you have some money upfront to invest, you may want to consider real estate crowdfunding. Using apps like Fundrise, you could see a return on your investment as high as 22 percent (the actual returns for 2021 were 22.99 percent).

You purchase a share of a real estate investment trust, where the property may be used differently. Some might be flipped for profit, while others are established as rental properties. Either way, it generates solid returns month over month. 

The best part is that you don’t have to be an accredited investor to start investing in real estate. You can get started with just $10 per month, but you must invest a pretty significant amount to earn $5K per month. 


Final Verdict: How to Make 5K a Month 

Are you ready to achieve a new state of financial freedom? Whether you want a side hustle or a full-time income, these different ways of going about it will help spark your creativity. With a little hard work, you can start earning serious extra cash to save money, pay your bills, and afford the lifestyle you have always dreamed about. 

You can even stack several of these strategies on top of one another for compounded effects.

So ask yourself – which method will you try first? 



Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address

AFFILIATE MARKETING

With Its Novel Affiliate Model, The Sporting News Bets on Lifetime Value

Published

on

With Its Novel Affiliate Model, The Sporting News Bets on Lifetime Value

Sports publisher The Sporting News raised $15 million in Series A funding in September, in large part because of the unique affiliate marketing model it employs.

The company, like a growing number of sports media newsrooms, generates revenue from referring its readers to sportsbooks and gambling operators. 

But unlike traditional affiliate models—where retailers like Amazon pay publishers like Wirecutter on a cost-per-acquisition basis each time a customer makes a purchase—The Sporting News uses a revenue-share structure, meaning that it receives a percentage of the lifetime value of the new customers it sends to gambling operators.

“When it comes to delivering a customer to a platform with a longer use case, it is short-sighted to take a one-time fee,” The Sporting News CEO Rich Routman said. “If I send someone to a streaming platform, and they spend $10 a month for five years, why would I take a $20 bounty? I’ll take $2 a month for five years.”

The model enables The Sporting News to act more as a long-term partner to the sportsbooks it works with, sharing in their successes by generating revenue when their referrals spend money. This year, the sports-betting industry in the U.S. is projected to generate $7.62 billion in revenue, according to Statista.

Interest in this kind of model has risen as publishers look to diversify their revenue streams.

While affiliate marketing and commerce are critical in these efforts, they are challenging because publishers have to stack up thousands—if not millions—of individual purchases to make the operation worthwhile. 

But revenue-share models let publishers generate recurring income from the customers they generate while placing the onus on them to source quality referrals—a dynamic similar to performance advertising.

Potential in other publishing sectors

The revenue-share model is commonplace in Europe, where the sports-betting market is more mature. The Dutch firm Better Collective, for instance, projects 2023 revenues of $345 million, according to company filings.

But it’s rarer in the U.S., where gambling on sporting events became legal federally just five years ago. So far, only sports publishers have embraced the model, as it functions best in industries in which customers have high lifetime values.

But there is no technical reason why it wouldn’t suit other media companies with similar market dynamics, such as software sales or subscription services, said Bryce Widelitz, vice president of publisher innovation at partnerships management platform impact.com.

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

How Creators Are Powering Social Commerce

Published

on

How Creators Are Powering Social Commerce

Storyboard

In the ever-evolving landscape of social media and shopping, a profound shift is underway as retail giants like Amazon and Walmart, along with social media platforms such as TikTok and YouTube, rely on creators to delve deeper into social commerce.

At the forefront of this transformative journey are creators, emerging as pivotal players in steering the course of social commerce.

From Walmart launching its own creator marketplace to the emergence of TikTok Shop, here are the key developments.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

Cyber Monday 2023: The best extended deals from Amazon, Walmart, Best Buy, Apple and more

Published

on

As a participant in multiple affiliate marketing programs, Localish will earn a commission for certain purchases. See full disclaimer below*

There is still time for Cyber Monday savings. If you didn’t have time to pick stuff up on Cyber Monday, don’t worry as many of your favorite brands still have extended Cyber Monday sales. Here is every major brand’s extended Cyber Monday and Black Friday 2023 sales that you need to know. Check out best Cyber Monday deals under $100 and best Cyber Monday deals on Amazon.

Deals from top retailers

Amazon

Amazon’s Cyber Monday event has ended, but there’s still time for holiday shopping with sales up to 71% on all things tech, household appliances and more.

Cyber Monday 2023 The best extended deals from Amazon Walmart

This is your last chance to get the Apple Airpods 2nd Gen for under $100.

1701217563 216 Cyber Monday 2023 The best extended deals from Amazon Walmart

The most powerful Beats headphones yet, the Studio Pro is on sale for more than 50%.

1701217563 213 Cyber Monday 2023 The best extended deals from Amazon Walmart

Hisense 58-Inch ULED 4K Smart Fire TV

The crisp Hisense TV is on sale for 41% off.

Walmart

Walmart’s Cyber Monday Deals is live until supplies last, with massive sales on items from Dyson, Sony, Apple and more.

PlayStation 5 Disc Console Marvel s Spider Man 2 Bundle 9fc9b318 ba6b 405b b92c bf0721b790f2.c760fb26883b8d4b58035c153ae089cb

PlayStation 5 Spider-Man 2 Bundle

The PS5 bundle comes with the hit Marvel’s Spider-Man 2 disc for 10% off.

Xbox Series S Xbox Wireless Controller Robot White 3 Month Game Pass b1d78fad 0369 42b4 8c24 ba8d60d2bcc4.299fa1cfbfe7b6c32f7965818e9003e7

The Xbox Series S bundle comes with an additional Xbox controller and a 3-month Game Pass subscription.

BISSELL Symphony All in One 1132A Steam Vacuum Cleaner Blue Silver 5d3b22b2 cf21 41c7 8196 5d2cd3e03607.b126797891bf30821ca852c907fabaa2

The fan-favorite Bissell Vac-and-Steam All-in-one is on sale for nearly $100 off.

Home Depot

Home Depot is offering Cyber Monday deals online and in stores now through 11/29, with up to 60% off on home appliances.

Best home products deals

HexClad Cookware

Gordon Ramsay’s favorite cookware brand is offering 50% off their excellent pan and pot sets for Cyber Monday 2023.

HexClad 12-piece Cookware Set

At 40% off, you could have Gordon Ramsey’s favorite 12-piece cookware set for the lowest price ever.

Dyson

Dyson deals are the best, with many of its revolutionary hair products and vacuums now on sale for up to 50%.

1701217563 385 Cyber Monday 2023 The best extended deals from Amazon Walmart

Dyson Supersonic Hair Dryer

Dyson’s revolutionary Supersonic Hair Dryer is on sale for the first time this year – grab this excellent product for 25% off.

West Elm

West Elm is giving 70% off on many of its best luxury furniture for extended Cyber Monday sales.

roar rabbit geo inlay nightstand 24

Roar & Rabbit Geo Inlay Nightstand

This beautiful nightstand is going for 30% off at West Elm.

Solo Stove

Solo Stove is the best fire pit retailer on the market, so get their warmth for up to 40% off.

MESA Stainless Flame On White?io=transform%3Afill%2Cwidth%3A1100%2Cheight%3A1100

Secure some holiday warmth with the table top Mesa fire pit for 22% off.

Tech and entertainment

Hulu

Take advantage of Hulu’s amazing Black Friday deal for a limited time! Subscribe to the Hulu (With Ads) plan for 99 per month for one year, current regular monthly price after. Get this deal now by clicking here. Ends 11/28/23. Eligibility restrictions and terms apply.

Best jewelry, clothing and fashion deals

Crocs

Crocs’ Cyber Week sale are hosting sales up to 50%.

crocs

The Classic Clog is a classic for a reason at 25% off.

UNIQLO

UNIQLO is having its only sale of the year, with amazing Cyber Week deals for your online shopping experience.

Nordstrom

Nordstrom has Cyber Monday deals until midnight tonight, offering up to 82% off across all categories like Nike, UGG, Calvin Klein, Tory Burch and more.

Lululemon

The popular athleisure wear company has a number of great extended Cyber Monday finds, especially in their “We Made Too Much” page for the holiday shopping season.

Best haircare and cosmetics deals

Find deals from Ulta, Sephora and more.

Ulta

Ulta’s Cyber Monday sales are now live and ends Tuesday November 28th, with up to 50% select beauty products.

The Walt Disney Co. is the parent company of Hulu and this ABC station.

* By clicking on the featured links, visitors will leave Localish.com and be directed to third-party e-commerce sites that operate under different terms and privacy policies. Although we are sharing our personal opinions of these products with you, Localish is not endorsing these products. It has not performed product safety testing on any of these products, did not manufacture them, and is not selling, or distributing them and is not making any representations about the safety or caliber of these products. Prices and availability are subject to change from the date of publication.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

Trending