Many of us are looking for ways to make some extra money in this tough economy. I have been working online for a couple of years now. Some of the income earned is from my personal business but in my quest to be able to continue working from home, I have looked for some additional ways to earn extra cash. None of these methods will make you rich or anything but they are ways to put a few additional dollars in your pockets. Here are five that are working for me.
1. Auction & Online Advertising Sites
These are places online where you can go and list items for a price are great at earning some extra money. The next time you clean out your closet or redecorate your home, you might be able to sell some of your unneeded items online. Some costs small fees and some are free depending on the method and/or site you choose. It is always important to make sure what is expected from you, if anything before placing a listing. I have sold everything from used children’s toys and books to old purses and clothing on these types of sites.
- Ebay: This is the most popular and reputable of the online auction sites. Once you set up an account, you can list your items with a starting bid or a buy now price. There are options as to how long you should list your item as well as a great deal of help links that will help you with pricing, shipping charges, etc. It is a little bit of a process to get this set up. There are also listing fees for each product you list on the site and money earned goes directly into your Paypal account. The benefit of using an auction site is, you have the capability to earn more than just listing it for a set price. Remember when setting your starting bid price however, make sure you are okay with accepting no more than that. Having nice pictures, a detailed description as well as a fair price will increase your selling power.
- Craigslist: If you are looking for an easier set up process, you might want to try out online classified advertising sites. Although controversial, Craigslist is the most popular. Even though you need to set up an account to list something, the process is much easier. Often times, just like a local newspaper, you are mostly marketing to your surrounding areas. Unlike your local newspaper though, it is free to place a classified ad on Craigslist as well as many other online classified ad sites. My only word of caution is to protect yourself when dealing with transactions for these types of sites. When listing products on an auction site, you will more than likely be shipping that item out to the buyer. Ads from classified ads sites often require verbal communication and face to face meetings. Responding to the potential buyer via email is the best. If you do need to communicate by phone, use your cell phone. And when meeting to sell your item, meet somewhere is a public place. Never go to their home or invite them to yours.
2. Surveys/Focus Groups
There is always a lot of talk on the internet about taking surveys for money. The first thing I have to say about this is you should NEVER pay any money to be a part of a survey or focus group. These sites are almost always useless. I will not say they are scams because they give you information on surveys, however, you can probably find all of this information without paying anything for it. As easy as it may sound, it isn’t always. Many of the sites entice you to join with $5 or $10 sign up bonuses but it will take you forever to obtain the additional points to earn another $5 or$10. Recently I came across two that I feel are worth sharing.
- 20/20 Panel: This is a focus group site where you can participate in online research studies. If you happen to live in the Queen City of Charlotte, NC like I do, Nashville, TN or Miami, Fl, you also have the opportunity to give your opinion during an in person focus group in the 20/20 Panel office located in those cities. The sign up process is simple and you could be paid anywhere form $30 to $150 for the groups your participate in. You will be notified via email of you acceptance or not, and you will then begin to receive emails as opportunities arise for you. I would also recommend becoming a fan of them on Facebook and following them on Twitter as they often mention their opportunities on these sites as well.
- PaidViewpoint: Although this is a fairly new survey site, it is very promising so far. What stands out to me about this site is, no matter what, I get a little money and it takes very little time. Many of the other survey sites have long surveys that you take your time to do just to find out you did not qualify, thus receiving no compensation in the way of money or points. Once again, you are not going to get rich but for about 2-3 minutes you will get paid anywhere from $.10 to $10
I will be updating this soon with more opportunities soon. In the meantime, I hope you get started making a few extra dollars on the sites I mentioned. What are some other ways you earn extra cash?