Although I think that creating content through blogging and building an email list is the best possible long term business, I’ve found another method to make 50 dollars a day which deserves attention in my opinion. The idea is to make money quickly.
‘How To Make 50 Dollars A Day’ Method
This method includes doing arbitrage between two or more different marketplaces. Using this method you will be able to take advantage of the price difference of doing exact same service on different marketplaces.
Probably you’ve head of Fiverr, a site where you can offer different services like: link building, article writing, banner creation etc. The idea is to find great sellers on Fiverr (based on their ratings, response) or similar sites and testing them by actually buying their gigs. When you totally sure these sellers are doing a great job, you can offer the same service but on another gig site like Seoclerks for example.
You should change the title and description of a gig and not just copy the gig. In some way you will become connector between your buyer and your service provider. Because your customer satisfaction should be your top priority, make sure to choose the best possible service providers.
Doing some keyword research on Google keyword tool would be also a smart idea, because you want keywords people are searching on Google in your titles and descriptions. In this way your gigs will get more attention, and more attention means more sales.
Offering Gigs On Different ‘Micro – Jobs’ Sites
When you find gigs on Fiverr (5$ cost per gig) offer these services on Seoclerks for 10$ (one idea). There are even micro jobs sites which offer services for 1$. The difference in price is your profit. Another tip for you is that you can combine two separate gigs on Fiverr for example to create one gig on another ’micro job’ site.
Also, it’s necessary for you to have some initial money on your Paypal account to start doing arbitrage. You can’t start with zero $ with this model.
Check this list of ’micro jobs’ sites if you plan to implement this strategy:
I just want to add that I’ve never used this strategy. The inspiration for this blog post came from the Digitalpoint forum thread.
The difference between this model and blogging is in the amount of time that you need to put in work each day for about the same profit. In case of blogging, if you build your blog consistently your profit will increase in the same way. Still I think some people might be interested in this, because for sure they can get additional income to their full – time jobs or some other internet marketing projects.
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