- Apr 3, 2017
- Reaction score
You can look to invest in crypto
btc or eth trust meHey,
I earned 100$ and I want to invest where I can get 100% returns on monthly basis or weekly.
I am ready to work for it any ideas you'll suggest I really want to look into that because I was permanently
working somewhere and I left that job because it sucks !
Now I want to learn and earn, I earned a little from the help on BHW I get everytime and I'm still learning.
I searched some ways to earn so please tell me is it good to start :-
- Insta + CPA
- Reddit + Imgur + CPA
- Snapchat + ewhoring + cpa
Suggest me something where should I invest my 100$ to build something from which I can generate some income.
Waiting for some good responses
For me, the thing that has worked best so far is dropshipping on eBay. I started just a couple of months ago and started making money two days after I listed my first item. I started slowly, but sold around $7,000 worth of stuff in my first month (at an average margin of 15%, for a profit of a little over $1000). A few other people I know (through a FB group of people who help each other navigate the dropshipping world) grew theirs a little faster and made more right out of the gate (~$30,000 sales/~$3000 profit in their first month), but they also ran into problems like ending up in "PayPal jail" or having eBay lock down their listings for growing too quickly (and therefore looking suspicious), so I'd recommend growing to the larger profits over the course of 2 or 3 months. Of course, YMMV. However quickly you get there, you can definitely make good money working very few hours per day. A number of the folks I know through my group are selling between $60,000-$100,000 per month ($6,000-$10,000 in profit) and work on it ~3 hours a day.
The best part of dropshipping, imo, is you can make money right away, you can make money pretty consistently, and you don't have to mess with advertising, SEO, domain purchases, landing pages, traffic/follower generation, or any of that other fiddly stuff. And, if you do it right (ie, retail arbitrage), you don't have to mess with Alibaba or importing or any of those other headache-inducing things. Seriously, it's super simple and super easy.
I'm also not paying for a guru, e-book, class, seminar, or going down any kind of sales funnel. All the information I've gotten is free.
That being said, I personally do pay a little more than the $100 you're looking to start with. I pay $150/mo for a piece of software that streamlines a lot of the process for me and $25/mo for a Basic eBay store (so I can get the free listings and reduce the Final Value Fees every month). True, that's more than you're looking to invest in whatever you end up doing, but I made more than enough to cover the costs in the first month I did it, so I was never really out that money. It just came out of my first month profits. And, honestly, you don't NEED any software. I just use it for ease and to save some time in research, listing, price-tracking, etc. For a little more time and effort, you can certainly do it without.
Now that I've learned various ways to increase my profit margins, I also buy thousands of dollars worth of discounted gift cards every month to that end -- so that's technically another cost -- but I pay for those out of the money I get from the buyers, so that never actually comes out of my pocket either. The sales pay for my entire monthly cost many times over. That's what attracted me to dropshipping in the first place. All the costs are alley-ooped from the buyer and never actually come out of my own pocket.
I've been lurking around BHW for a little while and see that there are other ways to make more money, but a lot of them seem to have a higher initial investment and/or are a lot more complicated. And I've seen a lot of complicated methods on here that make a lot less money. IMO, dropshipping is the way to go, particularly if you're starting out with not much money.
The "downside" is that you do need to put in some work to find the items to list, stay on top of fulfilling your orders, and check in every day for price changes and out of stock items, but that's why I pay for software (it automates some of that for me and streamlines the rest). I also follow a method that doesn't require me to sell within a niche or maintain any sort of store (no Shopify or any of that nonsense) and instead focuses on listing various, miscellaneous items I find that are currently selling above a particular threshold (sniped from other sellers/listings). At no point am I trying to create a store or a brand or even attract repeat customers (though I do get some of those when people have enjoyed the experience of buying from me and buy certain items over and over again). Like I said, the only reason I pay for an eBay store is for the free listings and lower Final Value fees (the amount eBay takes off the top when you make a sale).
Anyway, if you're looking for a good way to make money quickly and fairly consistently with a very low startup cost (or no cost, if you're willing to put in slightly more work and take a little longer finding items to sell), I recommend dropshipping. I've found, BY FAR, the most success from it. If you're truly willing to put in a little work, you WILL make money from it.