How To Make Your First $1 Online

The biggest question I always get is “how can I make money online?”

There are so many ways to start a business online, but this post is specifically how to make your very first $100 online.

This is just a couple of actionable things you can do today, whether you have money to spend, or not, that can potentially make you some good money.

Sell something on eBay you don’t use or need anymore

There are a ton of things sold on eBay every day and a lot of them are used.

Look around your home and make a list of things you don’t use much anymore and would be willing to part ways with. If you have an old laptop laying around, old digital camera, a tablet you don’t use much, or anything else related to electronics, you should put that on your list.

Look it up on eBay to find comparable listings and filter by recently sold to see what people are actually paying for it.

When you have an average dollar amount that comparable items sold for, list yours at .01 cents and make it an auction, then set your reserve price at the lowest amount you’d be willing to take for it. Make your auction 1-3 days long.

This way it gives potential buyers reason to bid now and watch the sale until it runs out. Usually, auction listings don’t start seeing a high amount of bidders until the very end, so hold out until the end of the auction and don’t fret if your item doesn’t start seeing a lot of bidders right away.

Usually, auction listings don’t start seeing a high amount of bidders until the very end, so hold out until the end of the auction and don’t fret if your item doesn’t start seeing a lot of bidders right away.

If your item successfully sells above your reserve price, congratulations!

Now, it’s time to ship the item to your customer. If the product you sold is over $100, then be sure to ship with USPS, UPS, or FedEx and get a tracking number, signature delivery, and insurance for the item.

eBay uses Paypal to process payments, so you’ll need to have a Paypal account set up to get paid. They might hold your funds for 21 days when you first get started, but you can get around this by following their directions and providing them with the information they ask for.

eBay might also place a hold on your funds for a few weeks until you build up a positive reputation with them. Don’t fret, this is like having escrow. Your money is safe and it will be released to you as soon as the item is delivered and the customer leaves you a positive review.

So, be sure to ask for a positive review from your buyer.

Once you sell one item on eBay, don’t stop there. Ask your friends and family if they would be willing to give you anything they own and don’t use anymore for you to sell on eBay.

They might understand because they’ve heard of eBay before and they know it’s an auction site. It’s actually one of the oldest e-commerce sites online and was the first auction site of its kind on the web. You can operate a business much like Goodwill Industries on eBay.

You just need to put out the message to your friends and family that you’re accepting donations for anything they don’t use. You might have to go through some garbage to find the gems, but it could prove to be more lucrative than you think, especially if you like to go to thrift stores anyways.

Sign up for a ride-sharing app like Uber or Lyft and give your first 5 rides

This is one of the best ways to make money online if you're just getting started because it's super easy. All you need is a car and you're all set. My favorite thing about driving is that you can make some good money, drive on your own schedule, and meet cool people. You never deal with the same people every day and you will travel to new places you may have never gone if you weren't giving someone a ride.

This is perfect for a side-hustle, but I wouldn't recommend driving full time as it can take a toll on your car. The best times to drive are either in the morning or at night and during big events. Both Uber and Lyft have their own version of a supply/demand equalization tool called prime time. This gauges how much demand there is for drivers in any given area and how many drivers are in that area. If you can be in the right place at the right time, like during a festival where there isn't any other choice for getting home, you can stand to make 2-3x the normal rate.  

Start a YouTube Channel and Create Videos To Review Products You've Used

If being a video personality is something you would be good at, then this online money making method might work for you. The key to doing this successfully is to identify products you have used that are also available on Amazon. Amazon has a very lucrative affiliate program where you can share your special referral link with your audience and if they buy it after clicking, you will get a commission.

If you are not an Amazon customer, other big online retailers have affiliate programs too like eBay, Walmart, Target, and much more.

To get started, you'll need a camera and some video editing software. Try to film the video with good lighting and good audio, and be sure to show off the product as much as you can. Talk about the pros and cons, what you liked and what you didn't like if anything, and ask the audience to use the link in the description below if they want to buy it and let them know that you will be supporting you and your channel so you can bring them more awesome content.

That's it in a nutshell. There is more to it like doing proper keyword research and identifying products that have a chance of ranking in the organic results, but if you just review everything you've used, you're bound to come across a few good ones.

You would be surprised at how quickly new YouTube videos get ranked. It can happen overnight. The best thing to do is to stay consistent. Film as many reviews as you can and then schedule them to be posted once per week. Keep filming reviews and keep scheduling them out so that you can build a brand of consistent quality in terms of video production, content, and timeliness.

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