10 Ways to Make Money Online with a Low Budget
Are you a teenager, student, or someone with a low budget looking to start an online side hustle? Look no further! In this article, we will take you through 10 different ways to make money online with a low budget. These methods are what I wish someone had told me when I was starting out with little money. They would have allowed me to quit my full-time job and travel the world while still making money. Stick around for the entire article to learn how you can potentially change your life.
eBay Drop Shipping
One of the first recommended ways of making money online for a teenager, student, or anyone with low capital is by doing eBay Drop Shipping. Many people believe that selling on eBay is dead, but that's far from the truth. eBay is still the number two most visited e-commerce platform in the world. eBay Drop Shipping is a viable way to make money online, especially for someone with a low budget. You don't need to buy any inventory; all you need to do is open up your eBay account, find products, start selling, and list that product on your store. Your supplier will be responsible for packing and shipping the inventory to your customers. To do this successfully, you need to find a winning product. The main tool that I recommend beginners to use when it comes to finding winning products is Zeke analytics.
Shopify Drop Shipping
Drop shipping on Shopify is different from eBay. One of the main benefits of drop shipping on Shopify is that you're going to be able to build your own website, giving you more control over your products and customers. However, you're not necessarily able to get free traffic because Shopify requires you to build your own website. There are three ways to get traffic going to your Shopify website: Tik Tok organic, Google shopping Drop Shipping, and paid advertising.
Low Content Books
Low content books are a side hustle that you've probably never heard of before. You can use a software called book bolt to figure out exactly which low content books people are actively searching for on Amazon. From there, you can design the low content book and upload it to the KDP, which is Kindle Direct publishing platform. You're not going to have to pay anything until your book has been sold.
Automated pH Tess YouTube Channel
You can start an automated pH Tess YouTube channel without showing your face or using your own voice. You're going to be able to use free tools like chat GPT when it comes to doing the research for the videos that you plan on making. You're also going to be able to use various different voice generation tools to actually narrate the video.
Thumbnail Maker
You can become someone that helps someone run their YouTube channel, specifically when it comes to making thumbnails. Once you learn the skills of graphic design, you don't necessarily need to pay anything once you've built up a client base of YouTubers that reach out to you for you to make their thumbnails.
Short Form/Long Form Video Editor
If you're someone that believes that they have the skills when it comes to editing YouTube videos, you can use free tools that you probably have on your laptop right now, like iMovie. You can also create short form videos directly from your phone.
Build Your Own Short Form Video Platform
You can build up your own short form video platform by repurposing other people's videos that already exist on the internet. The main benefit of building up a short form platform that you own is that you're going to be able to direct the traffic anywhere that you want to.
Amazon Associates
Amazon Associates involves you signing up to the associates program and getting a unique URL for every single product that's available on Amazon right now. If someone clicks on your link and buys that particular product or even if they buy any other product on Amazon within a 24 hour period, you're going to be able to earn something called an affiliate commission.
Blogging
Blogging involves building a website and writing articles about whatever you want. You can write articles about product reviews with all of the different products on Amazon within a specific niche. The good thing about blogging is that you're not only going to be able to make money when it comes to promoting physical products on Amazon, but you can also make money when it comes to Google AdSense.
Promoting Softwares
Promoting softwares involves you promoting a digital product that you don't own. The good thing about promoting softwares is that you're going to be able to earn a recurring commission. You can promote your affiliate link by doing blogging, YouTube, Instagram, or building up an email list.
Conclusion
These are the 10 different ways to make money online with a low budget. Each method has its pros and cons, but they're all viable ways to make money online. Whether you're a teenager, student, or someone with a low budget, there's a method that will work for you. Start your online side hustle today and potentially change your life.
Highlights
- eBay Drop Shipping is a viable way to make money online, especially for someone with a low budget.
- Drop shipping on Shopify gives you more control over your products and customers.
- Low content books are a side hustle that you've probably never heard of before.
- You can start an automated pH Tess YouTube channel without showing your face or using your own voice.
- You can become someone that helps someone run their YouTube channel, specifically when it comes to making thumbnails.
- You can build up your own short form video platform by repurposing other people's videos that already exist on the internet.
- Amazon Associates involves you signing up to the associates program and getting a unique URL for every single product that's available on Amazon right now.
- Blogging involves building a website and writing articles about whatever you want.
- Promoting softwares involves you promoting a digital product that you don't own.
- Each method has its pros and cons, but they're all viable ways to make money online.
FAQ
Q: Can I make money online with a low budget?
A: Yes, there are many ways to make money online with a low budget.
Q: What is eBay Drop Shipping?
A: eBay Drop Shipping is a viable way to make money online, especially for someone with a low budget. You don't need to buy any inventory; all you need to do is open up your eBay account, find products, start selling, and list that product on your store.
Q: What is Amazon Associates?
A: Amazon Associates involves you signing up to the associates program and getting a unique URL for every single product that's available on Amazon right now. If someone clicks on your link and buys that particular product or even if they buy any other product on Amazon within a 24 hour period, you're going to be able to earn something called an affiliate commission.
Q: What is blogging?
A: Blogging involves building a website and writing articles about whatever you want. You can write articles about product reviews with all of the different products on Amazon within a specific niche.
Q: Can I make money promoting softwares?
A: Yes, promoting softwares involves you promoting a digital product that you don't own. The good thing about promoting softwares is that you're going to be able to earn a recurring commission.
