8 Online money making sites without investment

8 Online money making sites without investment

Here we present you with the best online money making sites without investment. I have compiled eight best places for you, to help you bring in that revenue.  Below are some of the best websites to earn money online without breaking the bank:

Online money making sites without investment

FIVERR

 Online money making sites without investment

Fiver is an established freelance site and their tag line is “Freelance services for the lean entrepreneur” . Fiver is easy to use as it enables one to post the services they can provide and in turn get paid. The website ensures you get paid before you complete your work so do not worry about getting ripped off.  Everything costs a $5 minimum but not to worry, you can ask for more with different levels for different services, such as:  extra work or ‘bolt-on’s for your services, early delivery dates.

Pros: Comes with a protected payment before work. Requires no marketing. You get to work on your terms and it’s quick and easy to set up.

Cons: Due to high competition its hard to establish a business. You have to do your own accountancy books and it might be difficult to build a solid  income.

ETSY

etsy

Etsy is a marketplace to sell your products. Etsy specializes in handmade, originally designed, vintage items and craft supplies. The website currently charges a $0.20 listing fee per item and a five percent commission per sale, plus Paypal fees. You can  either start selling with a free Standard plan, or choose a paid plan.

Pros: Due to its few product categories, users are more likely to be interested in your product. Easy to use, create coupon codes and promotions for customers.Easy to download all your listings to a CVS file with one click and move to another platform.

Cons: More saturated. Sellers have similar products therefore competition is high. Design customization is quite limited.

TaskRabbit

 

task rabbit

TaskRabbit is a site to find individuals willing to do various tasks around the home e.g Weeding someone’s garden, cleaning someone’s garage, putting together a bookcase or running an errand. You can do as many tasks and it can be a part time or full time job.

Pros : Set your own hourly rate. No specific level of education or work experience to be a Tasker.  Payment from clients is secure, as you get paid through the TaskRabbit app or site. TaskRabbit is the middleman, this makes finding work easier than other alternatives like craigslist.

Cons: Only available in 39 metro areas. Lots of competition . Takes a 30% commission fee from your earnings. Tasks are performed on short notice. Need to pay a $20 registration fee to get started

ThredUp

thredup

ThredUp whose tagline is  “secondhand clothes, firsthand fun” is an e-commerce company that aids you make money by selling your clutter for cash. ThredUp sells women’s and kid’s clothes. Wondering how it works ? All you need to do is send your clothes in a ThredUp bag with a prepaid mailing label, and ThredUp will decide the value.

Pros: Fast shipping. Professional photos taken for you

Cons: Shipping and returns are not free. Clothing might have odor. Must enter your email to shop the site. Returns come in the form of store credit. Garments might be damaged.

SWAP

 Online money making sites without investment

Swap is an online consignment store just like ThredUp. You can send in used cloths, toys, games and swap will help you sell them. If your item is rejected, you have to pay a fee to get it back. If  an item is priced for less than $10, you’ll get a 30 percent credit to buy something from Swap.com or 20 percent of the sale price back in cash. If your item sells between $10 – $20, you’ll earn a 50 percent credit or 40 percent back in cash. If the item sells for more than $20, you’ll receive a 70 percent credit or 60 percent cash.

Pros: High commissions, with up to 70% for store credit and 60% for cash. Send up to three boxes per month. Takes all photos. Sends you supplies you need for shipping items. Offers a SureSell Guarantee.  No worries about customer complaints, returns, or anything else.

Cons: No much sellers. You can not set your own price. Consistent shipments with rejected items may lead to you getting  banned. Shipping and selling fees are involved, which can cut into your profits. Extensive review process and strict acceptance criteria.

CRAIGSLIST

 Online money making sites without investment

Craigslist is a hub of jobs and work to apply for. Craigslist is an easy and  simple way to build a portfolio and make money. It aids culinary job seekers use the internet to find job leads.

Pros: Easy to get started. Low pressure environment. Constant stream of new jobs. Easy money. It’s affordable as Craiglist job ads range in price from free to $25 in most cities.

Cons: Clients are not always reputable.

UpWork

 Online money making sites without investment

UpWork formerly known as oDesk  helps freelancers find work and “make things happen” just as their tag line says. It’s a great website to start as a beginner  as it’s easier to establish your self as an up and coming freelancer.

Pros:  Great for beginners. Easy to setup and  use interface. Good design.

Cons: Prices can be too low . Slow to build a big business

Freelancer

freelancer

Freelancer as the name implies lets individuals hire expert freelancers for any job online. As a freelancer you have the ability to earn points from the projects you complete and milestones you hit. Everything depends on your skills and abilities, as their is no shortage of jobs on the site.

Pros: Easy to use. More reliable jobs.

Cons: You pay for membership and test. Hard for low-budget new starters.

What other online money making sites without money do you know about?


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