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How To Make $50 to $100 A Day Online: 5 Best Methods For 2023

What skills do you need to earn 50 to 100$ a day online?

Several concepts on this list don't necessitate acquiring new skills to generate an additional fifty dollars daily. However, the methods that tend to be the most profitable (and often enjoyable) typically involve a learning curve. The positive aspect is that you can acquire knowledge in virtually any area online without any cost. A great starting point is Skillshare's extensive collection of online courses. Utilizing this link provides you with an extended free trial, allowing you to enroll in as many courses as you wish during that period.

How To Make $50 to $100 A Day Online: 5 Best Methods For 2023

Finally, once you've honed your skills, you may discover that many of these approaches can be pursued as employment options while traveling the globe. If your objective is to navigate the world while working, take a look at this extensive guide on becoming a digital nomad.

5 Best  Ways to make $50 a day online in 2023

Whether your goal is to establish a lasting and sustainable side hustle or you're simply eager to discover ways to quickly earn $50 online, this list has something tailored to your needs. Let's commence.

1. Get paid to play video games

If you're a gaming enthusiast, this opportunity is tailor-made for you. Platforms like Twitch and Facebook Gaming open the door for you to live stream your gaming sessions, amass a following, and eventually start earning. Nowadays, the gaming realm extends to blockchain-based games like Axie Infinity and Defi Kingdoms, offering real monetary rewards.

Let's zero in on Twitch for now. There are multiple avenues to pocket $50 or more a day while playing video games. Your overall earnings will encompass ad revenue (approximately $3.50 per 1,000 views), subscribers ($4.99 – $24.99 per subscriber), donations (Bits, Cheers, and Patreon), sponsors, affiliate marketing (which we'll delve into shortly), selling your own products (guides, merch, etc.), and YouTube revenue (uploading your streamed videos to YouTube).

Consider this breakdown: 

• 210 "level 1" subscribers = $35/day
• 3,000 views/day (at $3.50 RPM) = $10/day 
• Donations = $3/day
• YouTube ads = $2/day 

And this doesn't even encompass potential earnings from affiliate marketing, sponsorships, or selling your own merchandise. To illustrate, CNBC notes that the average professional Twitch streamer can rake in $3,000 to $5,000 per month working 40 hours a week – a far cry from a mere $50 a day. 

To ascend to this level (and surpass it), you'll need a compelling reason for why people should subscribe to you. Whether it's due to your exceptional gaming prowess, teaching and explanatory skills, or your entertaining and engaging personality, if you're a gamer with remarkable skills, charisma, or aesthetic appeal, this could very well be your dream job.

2. Earn commissions as an affiliate marketer

Have you ever had a gym, chiropractor, hairstylist, or another service provider offer you a bonus for recommending them to your friends? Think of affiliate marketing as the digital equivalent of this concept. With affiliate marketing, you promote a company using a unique link, and when someone clicks on your link and makes a purchase from that company, you earn a commission.

There are numerous ways to generate $50 per day through affiliate marketing. You might create a video comparing three popular vacuum cleaners on YouTube and include affiliate links in the description. Alternatively, you could produce a tutorial, online or in real life, incorporating affiliate links to essential tools and equipment. Another avenue is assisting people in setting up their websites and using your affiliate link for their hosting plan. The possibilities are extensive.

3. Set up websites for small businesses

It's surprising how many small businesses still lack websites or are stuck with outdated, unappealing sites that don't function well on mobile devices. Imagine charging $300 to set up a basic website, a task that only takes a few hours once you become proficient. To reach $1,500 (or $50 per day), you'd need to complete five websites per month.

But the potential doesn't stop there. Each client will likely require additional services like purchasing a domain, a hosting plan, perhaps an email marketing service, and potentially other paid plugins and software. Here's where your affiliate links come into play. For instance, the hosting company I utilized for Project Untethered offers $50 to $100 for every referral, depending on volume.

Consider this scenario: if you build six sites per month and guide each client to the hosting service, you could earn $75 per person, totaling an extra $450 per month. This brings your monthly earnings to $1,950 (or $65 per day), and we haven't even explored other potential affiliate opportunities.

The best part is, acquiring the basics of setting up a website isn't particularly challenging. With a free trial from Skillshare, you could learn in less than a day. This minimal learning curve makes it an ideal opportunity for new freelancers. Once you grasp the fundamentals, you can gradually delve into more advanced site-building skills that offer even greater earning potential.

The real challenge isn't acquiring the skill; it's finding clients. However, once you establish a rhythm, building basic websites becomes an excellent way to quickly earn $300 online (or whatever rate you decide).

4. Freelance your skills

Embarking on freelancing is one of the swiftest routes to establish a steady online income. Whether you excel in freelance writing, graphic design, web development, or any skill that businesses require without the commitment of hiring a full-time employee, freelancing offers diverse opportunities.

Among these, freelance writing stands out as one of the most prevalent options. Contrary to popular belief, you don't need to channel your inner Ernest Hemingway to succeed as a freelance writer. With effective self-marketing, you can earn $50 per day  and even more with just average writing skills. 

5. Start a drop servicing business

Enter drop servicing, also known as digital arbitrage, a potential evolution for freelancers seeking the next level in their ventures. In this model, you position yourself as the intermediary, connecting individuals in need of a digital service with capable service providers.

Consider this scenario: envision you establish a website selling logo designs for $75 each. Rather than investing time in crafting each logo personally, you delegate the task to more affordable freelancers, retaining the profit. For instance, if you discover a logo designer on Fiverr willing to create the logo for $25, you pocket a $50 profit. Execute this process daily, and you're looking at a consistent $50 per day.

While this example simplifies the concept, it captures the essence of drop servicing. For a more in-depth understanding of how this business model operates, explore my comprehensive guide on starting a drop servicing business for beginners.

If you're eager to experiment with this idea, several affordable and free drop servicing courses are available to help kickstart your journey. 

Conclusion

 The possibilities for making $50 to $100 a day online in 2023 are diverse and dynamic. Whether you're looking to build a sustainable side hustle, enhance your skills, or embark on a new entrepreneurial venture, the key lies in finding a method that aligns with your interests, skills, and dedication. As the online world continues to evolve, staying adaptable and open to learning new strategies will be essential for those seeking to thrive in the realm of online income generation.