1. AFFILIATE MARKETING

#2 DIGITAL MARKETING

Similar to affiliate marketing, you can earn money by promoting digital products or creating your own. As someone new to digital marketing, I find it challenging to create my own products, which is why I’m exploring affiliate marketing for some initial income. Digital marketing, like affiliate marketing, requires significant effort and isn’t a quick way to get rich. With affiliate marketing, you’re promoting products you already use, while creating digital products involves finding a unique selling point, which can be tough without sales experience. Once you identify a profitable niche, it can be lucrative, but it may present a learning curve, especially if you lack design skills.

#3 Prediction Markets

Prediction markets are not widely discussed yet. They work like a stock market where you bet yes or no on outcomes. If you are correct, you earn money; if you’re wrong, you lose money. In my opinion, prediction markets are a gamble. If you’re a beginner, I recommend focusing on safer and less risky income streams instead.

#4 Freelance Design

Freelance graphic designers can make a lot of money on things like Fiverr and Upwork. People are willing to pay for done-for-you services because, in the digital space, people pay for convenience to save time and make money. If you have experience in graphic design, this could be good for you, especially if you’re a professional with years of experience but don’t want to work in an office, being chained to a desk.

#5 selling stock imagery

If you’re a photographer or not, you can sell stock images to earn money. With AI, selling stock imagery is easier now. Just ensure the website’s terms of service allow it. The downside is you need to sell many images to make a profit, so it could be a good option if you have plenty of time.

#6 selling on Etsy creative market and other marketplaces

Selling on Etsy and Creative Market can be profitable if you know your target customer. Remember, you are also a consumer, so consider what could make your life easier. Think about what product you could create to solve a problem. Keep in mind that people don’t just buy products; they buy from people.

TikTok shop or other live selling platforms

TikTok shop weaves into affiliate marketing but is highly profitable you don’t even have to show your face anymore to do live selling or make TikTok shop videos all you have to do is talk about the product and get a small commission every time someone buys it

#7 surveys+ research studies

This one is, in my opinion, by far the most boring of all of them, and they don’t even pay you that much for each survey, so if you’re going to do this side hustle, make sure that you are doing your research on high-paying surveys. You could also do research which studies such as sleep studies mental health studies there are so many you could be a part of however they do take a commitment but you do eventually gain a little bit of money from it but I wouldn’t consider it a side hustle it’s something you would do every once in a while to earn extra money if you want to do so and help research.

#8 custom GPTs

Everyone and their mother is on ChatGPT; it is one of the biggest AI tools today. If you’re familiar with AI training, creating custom GPTs to solve problems can be profitable. I have made my own custom GPTs, but they take time. However, training something to perform a complicated task is rewarding. You just have to open a Google Doc and interview the chatbot with in-depth questions to guide it. It’s crucial that the GPT knows exactly what it’s doing; otherwise, you end up with a computer lacking direction, which can result in a crash.