10 Ways to Make Quick Cash for Online Entrepreneurs
Many people in today’s world are struggling to make ends meet and are looking for ways to make quick cash. Not only does this happen with brand-new online entrepreneurs who have not yet positioned themselves to experience profits, but it also happens to some of the best marketers with the purest hearts.
Being faced with a dried-up income can be a terrifying situation. You haven’t done anything to deserve this type of stress, and money stress is one of the most common and severe forms of anxiety you can have.
There are plenty of slow-growth business models you have probably learned about and are working towards. It makes sense to take your time and establish your brand as you build your products and promotions as a niche leader.
But sometimes, the urgent need for an influx of cash rears its ugly head, and you must quickly make a little bit of money. It might be a few hundred dollars, or it might be a couple of thousand dollars.
Below, you will see a quick moneymaking blueprint for two different groups of online entrepreneurs – those who are new and do not yet have an audience to cater to and those who may have a list and products but have a dried-up income.
Part 1: Make Quick Cash for New Marketers
Today’s economy has made many people get a second job to make ends meet. Some can’t find work and have turned to online careers to achieve their financial goals and needs.
Even if you don’t have an audience or subscribers, you can do a few things as a brand-new online entrepreneur to earn money quickly. Below, I will show you five methods with the details you need to get some money coming in quickly.
Choose the one you feel most comfortable doing based on your skills and knowledge. It is not the time to worry about perfection; instead, do your best and put yourself out there to start your earnings immediately.
Create and launch a PLR Funnel with Affiliate Incentives to Make Quick Cash
One of the quickest ways to earn money is to create something that busy marketers can use immediately to save themselves time and money. Consider creating and launching private label rights (PLR) when considering your options for making money fast.
If you can write, create videos, create graphics, or even record audio, you can assemble a PLR package that will sell. Consider some of the biggest sellers regarding marketing, health, weight loss, survival, personal development, etc.
Create a Bundle
You can put together a PLR package that is unique and well-written and that customers will be hungry to use in their business that day. If you have your own domain and hosting account, which should cost no more than $5 total per month, you can create a sales page and list it on a site like Warrior Plus, where many different affiliates can find it, as well as customers who shop directly from the marketplace.
The key to success with PLR is to pack a lot of value into your launch. You can use dictation tools and get approximately three times as much content created as you would typing, even if you are a quick typist.
You can get a PLR bundle ready that day or within a week and have a complete funnel with a front-end, a smaller bundle priced as a no-brainer to convert, with an additional one or two upgrade offers.
If you want to earn more, create a smaller front-end pack of approximately 14 pages for $7 and offer affiliates 100% commission, but make sure you have a couple of upgrades where you only provide 50% commission but with more content at a higher price point.
Front End Commissions
Affiliates love to find deals that give them 100% on the front end. They also love it when the price point is low enough that it ensures most of their list will convert on that initial purchase because then it puts their customer into the funnel and allows them to earn more on the upsells.
In addition to the incentive of 100% on the front end, you can create some special perks for top affiliates you want to recruit. It may include an exclusive 5-page bonus or graphics pack you give the best affiliates to use for their customers.
Or, it might include a cross-promotion if you know that individual is worthy of you promoting to the list you will be building through your product launch. It can also have a banner ad below the download links on your thank you page.
To earn quick cash, you must recruit affiliates personally and immediately give them everything they need, such as the bonus and the swipe files for their promo.
Make sure you give them a review copy upfront. If you are new to the industry and not very well known, you must go above and beyond to get them onboard, but with the right affiliates, you can earn thousands of dollars within days.
Create a Readymade Full Content Bundle for a Single Owner to Make Quick Cash
Another option, if you can churn out content very quickly, is to create a readymade complete content bundle that you offer to sell to just one person. Instead of hiring a ghostwriter and waiting for the project to complete, this content will be just as exclusive yet ready to use.
This option works well if you are currently networking with fellow marketers, or you can be a friend of them on social media and announce the bundle sale to those you know who would be interested.
For this purpose, providing a complete bundle they can use in all business areas is more enticing. Go with a niche topic in demand, like those listed above.
For the content to sell quickly, you will want to price it like an affordable ghostwriter, at approximately $7 to $10 per page, with a page being 450 words each.
You can create a bundle that includes the following products and sets:
- 5 blog posts
- 5-page lead magnet report
- 20-page eBook info product
- 5 product reviews
- Five email autoresponders
- 5 social media posts (text, graphics, video, etc.)
So, for those 45 pages, it would cost an established marketer $450 to have a readymade complete package of content that only they could access. It works well if you just need a little bit of money immediately and don’t want to go through the entire process of a launch and recruitment over several days.
Make Quick Cash by Creating a Bite-Sized Mini-Course That’s In-Demand
If you are good at creating courses, such as eBooks or over-the-shoulder video courses that you record with screen capture software, you can create bite-sized mini-courses that will easily convert due to the price point.
You’ll be helping people learn a small task, and they will be willing to pay $12-$17 for the lesson. For this approach, you don’t want to try to cover something broad, like everything to do with blog success or email marketing.
Instead, you will want to take one aspect of those topics and create a mini course you can list on a site like JVZoo or Warrior Plus (or even in the old Warrior Forum). So, for example, you can teach people how to set up a domain, hosting, and WordPress.
Or, you might cover how to write product reviews for your blog. Or how to write emails that convert better. Focus on small, narrow topics to create multiple courses that are low cost and high value.
If you want to put a funnel together for the quick launch, include a bundle of templates or content as the first upgrade, followed by a done-for-you service for the second upgrade.
Create a Dirt-Cheap Quick Gig to Make Quick Cash That’s a Time-Saver for Marketers
Services are always in demand for busy online entrepreneurs. They manage not one, but often many, different business models or niches. They need lots of help but sometimes hang onto tasks themselves because some freelancers are too expensive or the cheaper ones deliver poor quality.
If you have a talent for ghostwriting, graphics, or administrative work, list some cheap gigs on Fiverr and social media. It’s even more effective if you have specific portfolio examples of the quality of your work.
For example, if you can write ten pages in a day or create an eCover with a one-day turn-around time, create a gig so that it’s low-cost enough that marketers will flock to your offer.
You can even have package deals, such as significant discounts on more extensive eBook ghostwritten packages, or an entire suite of graphics, such as an eCover, sales page graphics, banner ads, and more.
Typically, the advice would be to maintain a competitive, equal price point as you build your business.
But when times are tough, giving a significant discount on your services is okay to get the income you need to pay your bills or put food on the table. No rule says it must be permanent.
Present a Strategic Partnership Offer for a Product Launch Where You Do the Work to Make Quick Cash
Lastly, you are brand new to the industry, but you bring some skills to the table. In that case, you should research who would be a good fit for you to partner with if you were to present them with the opportunity to launch a product where you do all the work and they bring the reputation and list.
For example, if you are quick and good about making one-page printables, you could find a marketer who specializes in that topic. Approach them with a readymade bundle of content or a course that teaches something specific that you know about.
Tell them you are new and would like to partner up to be a co-vendor with them. You can even offer to write the sales copy and the JV page to help recruit affiliates.
You want everything ready to go and done ahead of time so that when you approach them, they must say yes. Many marketers are just working on other things and would love to partner with someone who did a great job with something to earn 50% of the sales based on their reputation, brand, and list.
Part 2: Rapid Profits for Stagnant Sales
When you have an established business online, you may feel a bit of a stigma or shame whenever sales dry up, and you are in a situation where you need a quick influx of money.
But this is nothing to be ashamed of. It’s not your fault that the economy has performed poorly and that many existing customers struggle to purchase your products or services.
Work Fast to Develop a New Low-Ticket Item for Quick Cash
As someone in this business for any time, you may have been selling courses or products at a higher price point. Whenever you need a fast injection of money, you can develop some low-ticket items instead.
Remember that if you struggle with sales, it often means others are, too. Not only will your colleagues be struggling, but your customers as well. Both groups will appreciate having a new, no-brainer product to promote or buy based on an attractive price point.
If you have an existing course teaching something comprehensive and need quick money, you can extract one lesson, expand on it, and sell it as its course.
Let’s go back to the printables example. It is a popular business model because many consumers know what Etsy is, and many marketers are eager to learn how to sell them.
If you have an A to Z course that teaches everything about launching a printables business, you can extract one of those lessons, add a bit, and launch it as a mini course.
An example of this might be if you have a lesson on creating templates that you can work with repeatedly. Your entire course can be just about the template process. It might be perfect for someone who already knows how to sell on Etsy and doesn’t need all the additional course information, but they would love to know your secret to template creation.
Have a Bundle Product Sale to Make Quick Cash Using Big Value for a Low Cost
Regardless of what kind of products you have been selling today, package a bunch of them up and have one or more bundle sales. It works well for selling courses, private label rights, or software tools.
Bundle deals are great because they allow you to give a lot of value at a lower price point but still enough to make it worthwhile. It is perfect for not doing additional work to make money quickly.
For example, if you have released ten eBooks in the past, you can package up three of them for one of your bundles. Or, package all ten up if you want to. The only time you don’t want to do this is if you recently launched something at full price, then turn around and quickly put it on sale for everyone else.
If you sell private label rights, you can take packages of similar topics and bundle those up for a quick burst of money. If you have a store with a variety of niche topics, take all or several packs that have to do with marketing or health and bundle those up for a discount.
This work is complete, so you must create a new sales page and zip up the files. You can put a package of 10 PLR packages that equal 350 pages total where you are selling it for 90% off at just $35.
Buyers will love to get the extreme value discount, and affiliates will love to jump on board because they know their target audience will love it, too. You can even create a new, free front-end package of 5-10 articles and then use your bundle deals as the upsells.
Find a Marketer You Do a Private Launch For Quick Cash
In the previous part, we talked about how newbies can find another marketer to partner with for a brand-new launch where they do all the work, and the other marketer brings their reputation, brand name, and list to the equation.
It is a vital part of having a successful launch, so it’s not as if the other person isn’t playing a role in whether you make money. But as an existing, seasoned marketer, you will already have some experience creating products for yourself.
Offer Priority Or Exclusivity
You can find marketers who will jump at the chance to be the only person or the first person able to promote your product. Sometimes, you should approach the top affiliate prospect and offer them a 48-hour advance promotion before it goes live to everyone else to make quick cash.
It is acceptable if other affiliates know you have a special deal worked out so that one affiliate will get the first promo dibs. Or, if you know of an affiliate that can bring in a big chunk of money, such as $10,000 or more, you can make a private arrangement for them to be the only person to promote.
Not only will this help you with an immediate influx of money, but it also helps build your list because those buyers will be subscribers if they accept the confirmation email sent out to them.
Tailor Your Product to Their List
For this to work well, look at the person you are considering making this arrangement with and create a product launch quickly tailored to their list.
Study what they create for their products and what they promote to come up with something you know their list will love. Please pay attention to all the details, such as price points and sales copy, to mimic what appeals to them as an affiliate.
You can do this with courses that teach strategies in any niche, whether marketing, weight loss, or something else. Or, you can do it with private label rights content. You must identify the best person to bring in the most money and create something you feel will be an excellent fit for their list.
Go ahead and create the content or course and then approach them with the private or advanced deal so that they can see the content or course immediately. If you ask ahead of time, they may turn it down, but if you give them the course and they are impressed with it, and everything is ready to go live, they’ll be more likely to say yes.
Sell PLR to a Course or Content You’ve Created
You may have been creating info product courses for a while for many existing marketers. Even if you only have a single course ready, you can turn that into private label rights and sell those to buyers to make quick cash.
Some people who bought the original course may want to purchase the private label rights if they are impressed with the quality of the content. You can set something up so they pay a little more to get those rights since they have already purchased the product for personal use only.
It is something you can do with both eBook courses as well as video courses. With a text-based course, you will simply be giving them editable files. Preferably, you should go through and extract anything that has personalization in it, such as your storyline.
You could also add elements such as a sales letter that they can use to hit the ground running with their sales. You might write one from scratch or allow them to have your sales letter because it’s proven to convert.
If you have a video course, you can sell them the video files, but you can also create text-based transcripts of those and turn them into an eBook. Consider including the sales letter for that as well.
You can even do this with some tools. Suppose you want to allow people to have the ability to resell something like a plug-in. In that case, you can sell the private label rights to that, but make sure your license clearly states that you will not support their customers if they change anything or don’t want that responsibility.
Make Cash Fast by Offering Your DFY Expertise at an Affordable Rate
Lastly, if you are a seasoned marketer and is known by your colleagues in the industry, you can offer a done-for-you service to your customers and those of your affiliates who want to use it.
An example would be something you would typically see in an upsell. Returning to our examples of printables or private label rights sales, you might offer a service where you set up someone’s store for them.
This setup is a technical task that often overwhelms many newbies. So, even if they purchase a course on how to sell printables or private label rights, they may struggle with getting everything going from the beginning.
Or, if you sell private label rights, you might have an option that you announce to upload the content onto their blog for them and schedule it on their social media platforms.
You can even offer a service where you repurpose or rewrite the content that you have sold to them. These are time-consuming tasks that they may want to unload onto someone else, but they feel more comfortable with the person who initially taught them how to do the job.
Remember, many people are struggling to make ends meet currently. You don’t have to sit on the sidelines waiting for the economy to recover. There are plenty of opportunities to leverage your skills, assets, and abilities to make a lot of money quickly.
