Hey guys, so I just joined this platform like a month ago. So much valuable information around and consuming it can actually take you to reach your dream goals. I am seeing so many people like me who are struggling to make even 10$ a day. I'm sharing a method that can potentially make you an extra 30-35 dollars a day depending on your answering abilities.
Now the platform I'm talking about is coursehero. So what's happening is, you make an account with this site and start answering questions. I made an account with coursehero a few months ago( it's a bit difficult to get accepted) and started answering questions. But the trick is, i wasn't answering those questions by myself.
What i did is, i took chegg's membership as well and i used to copy paste answers from there. More than 60% of the times, what will happen is, the question you get to answer on coursehero has already been answered on Chegg.
Now what you need to do is, just don't copy that answer verbatim, as sometimes the person is posting question on both Chegg and coursehero and if he gets to know that you took it from Chegg, he's gonna report you. This happened with me quite a few times and they banned my account. What you have to do is, add your own twist to it like write it down on a sheet of paper or make some diagrams etc etc. It usually takes like 10 mins to answer one question and the price per question goes to 16 dollars also. Economics, maths, these are some hot topics and offer a hell lot of money.
I invested 14 dollars on Chegg, and made like 370 dollars in total on coursehero. I could have made more if my lazy ass hasn't copied the answers as it is.
The hardest part is getting the application approval. If anyone knows how to do it easily, please share here as well so that others can benefit too including me.
I'm attaching some photos of my income.
It's time vs reality mate. I had the same exp before few years bk, selling tickets for learning on-demand tech courses below $50 and redirecting the traffic to tech-adopting locations/countries and it works. But in my case what happened was, let's take an assumption, prepared 5 courses and constantly bumped on different channels both organically and direct with social pushing.
Leads and enquiries came, and conversions too happened at the expected rate, considering 10-15 conversions per month per course for $49. $49 x 12 = $588 monthly revenue. Later to that gross, other than your general hosting expenses, salary for the person who follows up with the lead to till the course training duration ends, the daily time you've put on for live training, etc, and occupying your time for another few courses to repeat the same, you're making 4 x 588 = ~$2000 USD, it's like you don't have any other time doing it and after cutting all the gross expenses, $2000 - ~1000 = $1000 is your real profit.
It's not bad but again said these are all-time vs reality. Doing that case, regular time work or a contract on the same field can fetch you x 3 times what you're making. But the trick is, the business works once it's been scaled to another level, instead of achieving 10-15 conversions, make a minimum 3 conversions per day and equating to more than 50 - 90 conversions per month/course, also to increase the total course you're selling from 3-5 to min 15-25 different topics and attain the same flow.
On your new scalable case, 20 courses x 50 conversions per month at $49 per sale, i.e., 20 x 50 x 49 = $49000. Here while doing it on volume and as a tech-proctored firm with proper staff for marketing and sales to tech tutors, let's say if you burn 40% of your entire gross revenue, then
Gross = $49000
Burning rate: $49000 x 40% = $19600
Profit = $29400 is your profit
Additionally, you can increase the volume of conversions by increasing more sales channels other than organic, paid traffic, and most importantly the affiliates and if the affiliates work well, there is a big show. In order to attain the stage I'm telling you you cannot do it just by scaling it without pre-investment and which will kill the time and money.
Time vs Reality. So do start with some pre-investment to balance everything.