Today’s video, titled “3 Beginner Side Hustles To Make Money FAST,” by the YouTube channel “Not Taught At School,” offers valuable insights and strategies for those looking to earn some extra income through side hustles. The video presents three beginner-friendly side hustles that have the potential to start generating money within the next seven days. These side hustles include buying surplus or customer returned items from wholesalers and reselling them on platforms like eBay or Amazon, utilizing print-on-demand services to create and sell custom products, and starting a YouTube channel for affiliate marketing and video monetization. The video provides detailed information, resources, and links for each method, making it a valuable resource for anyone interested in pursuing these side hustles.
Not Taught At School’s video on “3 Beginner Side Hustles To Make Money FAST” offers valuable tips and strategies for individuals looking to earn additional income through side hustles. The video discusses three beginner-friendly side hustles that can start generating money within the next seven days. These side hustles include reselling surplus or customer returned items, utilizing print-on-demand services to create and sell custom products, and starting a YouTube channel for affiliate marketing and video monetization. The video provides detailed information, links to relevant courses and articles, and also includes additional videos on related topics. This video is a valuable resource for those seeking to explore these side hustle opportunities.
Method 1: Buying and Reselling Surplus Items
Researching wholesale marketplaces
When getting started with buying and reselling surplus items, the first step is to research wholesale marketplaces. These marketplaces are where you can find suppliers and wholesalers who offer surplus and customer-returned items at discounted prices. Some popular wholesale marketplaces include Liquidation.com, B-Stock Solutions, and Direct Liquidation. Spend some time exploring these platforms, understanding their terms and conditions, and comparing prices and available inventory.
Finding profitable products
Once you’ve familiarized yourself with wholesale marketplaces, the next step is to find profitable products to resell. Look for items that are in-demand, have a consistent market value, and can be sold at a higher price than what you purchased them for. Research current trends and consider items such as electronics, fashion accessories, home decor, or even bulk items like cleaning supplies or health products. It’s essential to choose products that align with your target market and have a good potential for resale.
Setting up an online store
To sell the surplus items you purchase, it’s crucial to set up an online store. This will serve as a platform for showcasing your products and processing orders. Platforms like Shopify, WooCommerce, and BigCommerce are popular options for creating an e-commerce website. Choose a user-friendly platform that allows you to customize the design, insert high-quality product images, and implement a secure payment system. Your online store should also have clear and detailed product descriptions to attract potential buyers.
Navigating eBay and Amazon
When it comes to selling surplus items, eBay and Amazon are two popular platforms that offer a wide customer base. Both platforms have different selling models, such as auctions or fixed-price listings, so it’s important to choose the selling strategy that aligns with your products and goals. Research the policies and guidelines for selling on these platforms, understand the fees associated with each sale, and optimize your product listings to rank higher in search results. Utilize keywords, high-quality images, and appealing product descriptions to attract potential buyers.
Pricing and marketing strategies
To maximize your profits when reselling surplus items, it’s important to develop effective pricing and marketing strategies. Pricing should take into account the cost of the item, any repairs or refurbishments needed, shipping fees, and desired profit margin. Conduct market research to determine competitive pricing for similar items. Additionally, implement marketing strategies such as social media advertising, email marketing campaigns, or partnerships with influencers to increase visibility for your online store and attract potential buyers.
Method 2: Print-on-Demand Custom Products
Choosing a print-on-demand platform
Print-on-demand allows you to create custom products with your own designs and have them produced and shipped directly to your customers. Start by researching and choosing a reliable print-on-demand platform that suits your needs. Some popular options include Printful, Printify, and Gelato. Consider factors such as product variety, quality, pricing, shipping options, and integration with e-commerce platforms like Etsy or Shopify.
Designing and creating custom products
To succeed in the print-on-demand business, focus on creating unique and visually appealing designs that resonate with your target audience. Use graphic design software like Adobe Photoshop or Canva to create custom designs for your chosen products. Take into consideration current trends, popular themes, and the preferences of your target market. Experiment with different designs, colors, and fonts to create a diverse product range that appeals to a wide range of customers.
Setting up an online store on Etsy
Etsy is a well-known online marketplace for handmade and vintage items, making it the perfect platform for selling print-on-demand custom products. Start by setting up an Etsy shop and optimizing it with high-quality product images, detailed descriptions, and relevant keywords. Create a cohesive brand identity and ensure that your shop’s visual aesthetics align with your target audience. Promote your Etsy shop through social media, email marketing, and collaborations with influencers or other Etsy sellers to increase visibility and sales.
Promoting your products
To drive traffic and sales to your print-on-demand products, it’s crucial to implement effective promotional strategies. Utilize social media platforms like Instagram, Facebook, and Pinterest to showcase your products and reach a wider audience. Create engaging content, collaborate with influencers or brand ambassadors, and utilize targeted advertisements to attract potential customers. Additionally, consider implementing strategies like offering discounts or running exclusive promotions to encourage repeat business and incentivize new customers.
Managing orders and customer service
As your print-on-demand business grows, it’s important to establish efficient order management systems and provide excellent customer service. Use the tools and features provided by your chosen print-on-demand platform to track orders, manage inventory, and handle shipping and fulfillment processes. Respond promptly to customer inquiries, resolve issues or complaints in a professional manner, and aim to exceed customer expectations. Providing exceptional customer service will lead to positive reviews, repeat business, and referrals.
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Method 3: Starting a YouTube Channel
Finding your niche and target audience
Before starting a YouTube channel, it’s important to find your niche and define your target audience. Research popular topics and trends on YouTube, identify gaps or underserved areas, and choose a niche that aligns with your interests, knowledge, and skills. Understanding your target audience will help you create content that resonates with them and increases the likelihood of building a loyal subscriber base.
Setting up a YouTube channel
Setting up a YouTube channel is easy and straightforward. Sign in to YouTube using your Google account, click on your profile picture, and select “Create a channel.” Follow the prompts to configure your channel name, profile picture, banner image, and channel description. Ensure that your channel branding reflects your niche and resonates with your target audience. Familiarize yourself with YouTube’s community guidelines and copyright policies to avoid any violations.
Creating engaging and valuable content
The key to success on YouTube is consistently creating engaging and valuable content that appeals to your target audience. Research popular content formats within your niche and analyze the performance of similar channels to gain insights. Plan and script your videos in advance, ensuring that they are well-structured, visually appealing, and provide value to your viewers. Utilize storytelling techniques, visual aids, and engaging editing to captivate your audience and keep them coming back for more.
Monetizing your videos with ads
Once your YouTube channel gains traction and meets the eligibility requirements, you can monetize your videos through the YouTube Partner Program. This program allows you to earn money through advertisements that are displayed on your videos. Set up an AdSense account and link it to your YouTube channel to start monetizing your content. Promote your videos to increase views, engagement, and ad revenue. Additionally, explore other revenue streams such as brand partnerships, sponsored content, or merchandise sales.
Implementing affiliate marketing
Affiliate marketing is another lucrative way to monetize your YouTube channel. Research and join affiliate programs that align with your niche and target audience. Promote products or services by including affiliate links in your video descriptions, recommending them within your content, or creating dedicated review videos. Be transparent with your viewers about the use of affiliate links and ensure that your recommendations provide genuine value and align with your audience’s interests.
Growing your subscriber base
Building a loyal and engaged subscriber base is essential for long-term success on YouTube. Regularly analyze your video performance, monitor viewer engagement, and learn from audience feedback. Optimize your content based on audience preferences, experiment with different video formats, and collaborate with other YouTubers or influencers within your niche. Engage with your audience through comments, live streams, and community posts to foster a sense of community and strengthen your relationship with your subscribers.
Conclusion
Earning money through side hustles can be a rewarding endeavor with the potential for significant financial growth. Before choosing a side hustle, evaluate your skills, interests, and goals to find the most suitable option for you. Whether it’s buying and reselling surplus items, creating and selling print-on-demand custom products, or starting a YouTube channel, invest time and effort into learning and implementing effective strategies. Stay consistent, committed, and adaptable to maximize your earnings. Continually explore and learn new side hustles to expand your income streams and financial opportunities.