I tried five popular TikTok side hustles, but earned $20,000 in three months selling my own products online... - The US Sun

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She finally found her niche selling digital products online and was able to make over $20,000 in just three months.
These online products never go out of stock, don't require shipping and packaging fees, and can literally make you money while you sleep.
Diamond then made products online using Canva, a free graphic design platform, and created her own website for sales.
2 Diamond was losing money trying side hustles before she found one that worked for her Credit: TikTok/herdesignsco 2 Diamond made over $20,000 in 59 days Credit: TikTok/herdesignsco She lost $530 trying out wholesale shipping, and another $288 when she opened an Amazon Storefront.
Sales and profits Diamond said she was able to make over $20,000 in 59 days with her first eBook.

I tried five popular TikTok side hustles, but earned $20,000 in three months selling my own products online... - The US Sun

AS side hustles get more popular, people are learning first-hand that they can lose money trying to make more. TikTok user and entrepreneur Diamond experienced this while she was trying to find a way to earn extra money. 2 Diamond was losing money trying side hustles before she found one that worked for her Credit: TikTok/herdesignsco 2 Diamond made over $20,000 in 59 days Credit: TikTok/herdesignsco She lost $530 trying out wholesale shipping, and another $288 when she opened an Amazon Storefront. Her gig as an affiliate marketer didn't make her any money, and she only made $100 when she tried dropshipping. She finally found her niche selling digital products online and was able to make over $20,000 in just three months. Diamond built off this and now offers courses teaching others how to do the same thing. Building her business Diamond shared the steps she took to build her business on her TikTok HerDesignsCo. First, she found a niche in the market by researching business trends. She used forum sites like Reddit to look for a problem within the niche she could provide a solution for. In her case, she realized more people were looking for digital products like ebooks, templates for planners and journals, and digital art. These online products never go out of stock, don't require shipping and packaging fees, and can literally make you money while you sleep. Diamond then made products online using Canva, a free graphic design platform, and created her own website for sales. She uses social media sites like TikTok to advertise her products and reach buyers. Sales and profits Diamond said she was able to make over $20,000 in 59 days with her first eBook. She shared a screenshot showing she made $7,372 in one day, with 76 payments. Shopify explained the reasons behind these high profits include low overhead costs, flexible products, and the ability to automate shipments. However, this is a booming business that is quickly growing, so the competition is fierce. As always when making extra cash online, be aware of the tax implications and what you need to do. Similar side hustles Heather, who runs the account itsheatherstudio, said one of the major keys to her success has been print on demand through Etsy. In a recent video, Heather explained the upsides of utilizing this service. The process allows sellers to sell products without printing, packing or shipping any items, similarly to how Diamond sells her digital products. Sellers can create and advertise custom designs on things like shirts, hats, or mugs, but don't need to own or create any physical inventory. Once an order is placed, the printing and shipping of the product are handled by a third-party supplier. As Heather explained, the strategy allows her to earn thousands of dollars in a month without leaving home or putting in the physical labor to fulfill orders. Sellers who use a print-on-demand fulfillment model can also spend more time promoting their brand on social and refining their designs. The strategy has become a key aspect of e-commerce, as the print-on-demand market was valued at $4.9billion in 2021, according to Grand View Research. The Sun compiled a list of the best 10 money-making side hustles for 2022. Plus, see how one TikToker made $40,000 in one day after trying 26 different side hustles.
The Original Article can be found on The US Sun

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