We are right in the holiday season. And this is the time for colossal holiday shopping offers like Cyber Monday deals and discounts. If you did save cash to spend during the holidays, you are on the right track. And if you are short on money, you are probably looking for ways to make money during the holiday season.
So, how do you make money off of Cyber Monday and the holiday sales? You are in the right place; this article helps you learn different ways to make money with Cyber Monday deals.
When is Cyber Monday 2021?
Cyber Monday is typically the most important day for eCommerce businesses, and the majority of the sales are online. The idea of Cyber Monday dates back to 2005 when the National Retail Federation (NRF) designed it as a marketing strategy to boost online shopping. Like Black Friday for brick-and-mortar businesses, Cyber Monday is a big event for online sellers and consumers.
You’re probably wondering, “when does Cyber Monday happen?”. Cyber Monday takes place right after Black Friday. This online shopping event happens on Monday following the Thanksgiving celebrations of every year. Cyber Monday 2021 will be on Monday 29, November.
Although Cyber Monday is a 24-hour online shopping event, some online stores offer Cyber Monday deals throughout the week.
Ways to Make Money on Cyber Monday
Cyber Monday and Black Friday are the best festive time to earn a good and quick income. So, here we are with some smart ideas to help you in your shopping without giving much load on your credit cards.
1. Resell on Items at A Profit
One of the ideal ways to earn an income on Cyber Monday is to sell products online. Remember, this is the time when people shop purely online. Cyber Monday statistics show that this is the biggest online shopping event, with 82% of shoppers buying stuff online on Cyber Monday.
Black Friday will see 76% of consumers make purchases, which means that Cyber Monday is the biggest day to make sales. Hunt for deeply discounted products from manufacturers and resell them during Cyber Monday.
The best thing about reselling is that you don’t have to deal with the merchandise because your supplier can fulfil the order for you. You’re probably asking, “where can you resell items online?”. There is a boatload of websites for online resellers. You can resell products on Amazon, eBay, Shopify, Etsy, Swappa, Ruby Lane, and Bonanza.
Reselling on these eCommerce sites has benefits like online shop tools and features to make it easy to sell your items. Also, these sites offer secure order, shipping and payment.
You can resell pretty much anything from clothes and accessories, kitchen appliances, electronics, books, toys, tools, and home improvement products. Source your products to resell using websites and apps like Oberlo, Handshake, and Alibaba.
2. Start a Blog
Another excellent idea to help earn revenue on Cyber Monday is to start a blog. “Wait, what?”. Hear me out! Blogging is still profitable in 2021. One Marcus Cook was able to make $2000 a month on a barely new blog. So with an excellent strategy, it is possible to make blogging your profitable side hustle.
Blogging is an excellent and profitable online business, but one of the biggest challenges is often the blog hosting fee. You see, many web hosting companies offer irresistible offers on domain names and web hosting during the Cyber Monday event. And these can be the perfect time for you to get your blogging business up and running.
Search online for Cyber Monday discounts on Blogging tools like domain and web hosting, Search Engine Optimization tools, writing programs, and social media scheduling tools.
Some web hosting deals offer deep discounts on longer hosting plans. And these plans are the best because it gives you enough time to get your blogging project off the ground and start making money.
Some Cyber Monday website hosting deals come with a free domain name, so this is the best time to get your website domain name. Also, Cyber Monday is the perfect time to purchase office items to help you kick-start your online business. Take advantage of the Cyber Monday offers to buy your laptops, desktops, and office furniture.
3. Affiliate Marketing
Cyber Monday is the ultimate event to make more sales if you are an affiliate, especially for eCommerce stores, software, and web hosting companies. Promote your affiliate offers on Cyber Monday and boost your side hustle revenue.
There are a thousand and one affiliate networks that you can join to earn passive income. Some of these networks include;
- Amazon Associates
- Share A Sale
- Flex Offers
- Market Health
- eBay Partner Network
- CJ Affiliate
You can be an affiliate for online services, physical and digital products. The commission differs with each affiliate network, but the earning potential is unlimited.
4. Get Rewards and Cashbacks on Your Cyber Monday Deals
If you spend $1463 on average this holiday, why not get back a part of this cash? Seriously, research predicts that an average American over a thousand dollars on gifts, holiday decor, and more this season. Focus on getting rebates and rewards on your Cyber Monday purchases.
If you prefer credit cards to pay for your Cyber Monday shopping, consider credit cards with the best rewards and cashback programs. A credit card company like Chess offers credit cards with cashback and rewards. You will get a $200 bonus for spending $500 with your Freedom Flex card.
Additionally, they have rewards like 5% on purchases worth $1,500 and 1% back on every other purchase. Use shopping apps to snag discounts and app rewards. You can consider some shopping apps like Amazon, Walmart, Home Depot, and Macy’s. Another is to consider Cyber Monday deals apps that will reward you with coupons and rebates. Some of these apps include Rakuten, Ibotta, and RetailMenNot.
5. Monetize Your Skills
The easiest way to make money on Cyber Monday is to monetize your skills. Do you have customer support experience, design, copywriting, or social media management? Offer your services to online merchants and get paid. The best place to start is to create a contractor account with freelance sites like Upwork, Clear Voice, and Fiverr.
Cyber Monday is the season when copywriters, virtual assistants, and graphic designers are in demand. Online sellers need savvy people to do product listing and run marketing campaigns. If you’re an email copywriter, this is the peak season to get paid to write emails. Get your portfolio ready and price your services right.
6. Make and Sell Custom Gifts
Can you make custom holiday gifts for sale? Creating handmade gifts to sell on Cyber Monday is also an excellent idea to make money. People cherish personalized items and will pay you to make custom gifts for them.
The best part is that crafting helps you explore your creativity and keeps you busy. You can craft a range of products and sell them on Cyber Monday. Some of the popular custom gifts you can make and sell online include;
- Handmade blankets
- Dog treats
- Gift baskets
- Digital planners and printables
- Subscription boxes
You can also buy, customize and resell phone cases, cups, crocs, hoodies, T-shirts, accessories, shoes, office stationery, and bags. The best places to sell your custom-made gifts include Instagram, Facebook Marketplace, Shopify, Etsy, Amazon, and eBay. Remember, you will need supplies and marketing skills to make your business a success.
7. Start a Pet-Sitting Business
Do you adore pets? You can start a pet-sitting business this holiday and make it your side hustle. People who plan to go for a vacation will hire you to watch over their pets until they return.
According to the USBLS (US Bureau of Labor Statistics), you can earn an average of $12.68 an hour or $26,370 per year as an animal caregiver.
But remember, there is a catch. You need experience in animal care —either through caring for your animals or working at an animal shelter—, a license and compassion for animals. There are many pet-sitting job boards to help you get gigs.
8. Be a Product Tester
Another easy way to earn money on Cyber Monday and throughout the holiday season is to be a product tester. Brands need users to test their products before releasing them to the market.
As a user tester, you try out products and services and give an opinion. Brands will compensate for the time you use to test their products with cash or give you their products for free. You can get paid money to test apps, websites, and many other products.
Also, you can quickly complete these tasks using your smartphone or laptop. The best thing about user testing is that it pays more for short and straightforward tasks.
For instance, as a tester at User Testing, you can make $4 for a 5-minute task or up to $120 for interviews. Moreover, the best user-testing sites that pay include; UserTesting, uTest, Validately, Userlytics, and Userfeel.
9. Take Paid Online Surveys
Do you have free time to spare during the holiday season? You can earn cash on the side with paid online surveys. The market research in the US stands at a whopping $24.3 billion, which means research companies are willing to pay you to take quick surveys online.
Now online surveys can’t replace your full-time income, but they can be an excellent opportunity to earn some money online. Some online survey sites pay as high as $50 for every survey you complete, and some can send you products in exchange for your opinion. Some of the high-paying survey sites include;
- MindSwarms. This is one of the high-paying survey sites, and it will pay you to give your insights through video surveys. The survey has seven questions, and it can take you up to 20 minutes, and you can earn $50 per survey.
- Survey Junkie. This is another survey site that will reward you with money to complete their online surveys. Typically, you can earn up to $5/hour to complete surveys. Also, they have other tasks like installing their browser extension, referrals, and focus groups. The focus groups at Survey Junky pay more, and so it is worth a try.
- Pinecone Research. PR is one of the best survey sites that will pay to voice your opinion as a consumer. Typically, you will make a minimum of $3 for every survey that you take. Pinecone Research will reward you with 300 points that you can redeem for cash or gifts.
- Survey Club. Perhaps the best and highest-paying survey website, Survey Club is another site you should try and earn passive income.
Additionally, Survey Club has more than just surveys. You can participate in high-paying research, product testing, join focus groups, private panels, and clinical trials.
Moreover, their food focus group, for instance, rewards participants with $115. A general survey can earn you $1-3 per task. You can also earn through the Survey Club affiliate program.
- Harrispollonline. This is also another legit survey website that is worth your free time. Harris Poll Online rewards through Amazon Gift Cards, Starbucks, and iTunes cards. Also, you will have a perfect opportunity to enter their $10,000 sweepstakes whether you qualify to complete a survey or not.
- InboxDollars. Do you want to earn extra cash by watching videos, playing games, or taking surveys? InboxDollars is the perfect website and a fun way to earn income online.
This website pays its members to fill out surveys, watch videos, play games, read emails, shop online, and much more. Typically, InboxDollars pays up to $20 for a complete survey and jaw-dropping rebates when you shop online.
What’s more? They have a $5 bonus when you sign up. Therefore, Cyber Monday is the best time to snag online deals and discounts. And it can also be a time to create a side income for yourself.
Get low-priced products to start your business during Cyber Monday. Also, get rewards and money back on your online purchases this Cyber Monday. Hopefully, you will take action with one of the above tips and create a side income source.