Before financial technology start-ups became all the rage, there was TransferWise. In 2011, TransferWise launched to disrupt the money transfer sector, which it has. It enables people to send and receive money–internationally and locally–at mid-market exchange rates and low fees. All costs are known upfront and guaranteed (up to 48 hours). By contrast, many money transfer companies and banks markup exchange rates and charge high fees. Some even hide their pricing details in their terms and conditions.
TransferWise customers can hold 40+ currencies and get bank account details for the US, UK, Eurozone, Australia, and New Zealand through a “borderless” multi-currency account. A debit Mastercard is also available in some regions.
Dropshipping is an order fulfillment method that enables you to sell products without holding inventory or purchasing products up-front. Instead, when a product sells, you buy it from a third party that will ship the item directly to the customer. The third-party can be a manufacturer, wholesaler, or another retailer. Dropshipping removes the fears and costs associated with buying and carrying inventory that may not sell. Separation from supply chain management, inventory, and order fulfillment differentiate dropshipping from traditional retail models.
Dropshipping, by itself, isn’t a business. It’s one aspect of running an online store. It’s critical to realize that because you’ll need a robust understanding of online retail to achieve your goals and sales targets.
Over the past few years, bitcoin and other cryptocurrencies have surged in search engine queries and the public interest. A growing desire for all things blockchain and digital currency has produced many exchanges, applications, products, and services. The appetite to trade cryptocurrencies has increased as well. However, making money with bitcoin and cryptos aren’t limited to only buying and selling them.
Many crypto exchanges and SaaS companies utilize affiliate marketing programs to grow their users, trading volumes, and sales. An affiliate program compensates publishers (bloggers, YouTubers, and influencers) for sending traffic to a merchant’s site.
Can you make money on Fiverr without a skill? No. As a freelancer, as with any profession, you need a skill to make money. Even if you list a service only to outsource it (service arbitrage), you will still need project management, management, and organizational skills to complete the gig.
Should you promote your Fiverr profile and services? It depends on your income goals and how much you want to depend on Fiverr. If you join Fiverr to make a full-time income, then you should consider some free or low-cost marketing activities. For example, you could add your Fiverr profile link to your website or LinkedIn profile. If Fiverr isn’t going to be your primary income stream or focus, then don’t worry about marketing your services. Even if you do no marketing, Fiverr spends millions of dollars on advertising to attract new users.