What’s up NewGen family! Man I don’t even know where to start, this whole entire year has just been crazy beyond comprehension. In my personal opinion biblical. Rumors of wars, the passing of Kobe Bryant (Rest in peace), COVID-19, and now a damn race war… Man I think it’s safe to say we need the remote from Adam Sandler and click to 2021! Never the less, today we’re here to talk about the top 3 ways to create income right now during this pandemic. Since millions on millions of people have lost their jobs and now collecting unemployment, making money right now is definitely more challenging now more than ever. With that being said let’s go ahead and dive right into today’s blog topic.
E-commerce/Dropshipping:
Now I’m starting off with this one is because we are in a time now where the shift is happening. Two years ago along my journey of learning dropshipping and going through the phases of creating, failing and doing over again, one thing that kept me going is that I knew that major department stores are going out of business and its due to people are shopping online. Stores like Toys R us, JC Penny, Sears, etc… are seeing their revelation of their companies, that was two years ago. Now, 2020 with the pandemic has pretty much headshot all of these businesses and many more. With majority of the world still under quarantine, everyone is on the internet now more than ever. More people on the internet means more online shopping.
Between 2020 to 2025, E-com/Dropshipping will dominate because, department stores are dying (or at least on life support). So what are the steps of building my first E-com/dropshipping store? Well it’s simple:
- Find a product
- Create an online store around the product
- Create/run ads to your store
- Start generating sales
Now of course there’s WAY more that goes into it, but this is just the basis of it. I personally recommend using Shopify when you’re creating your store, because it’s beginner friendly and they give you different tips and tricks to create and achieve your first successful E-commerce website. Right now they’re having a 14-day free so I highly recommend hoping on this opportunity especially at it’s beginning stages. Click here to get started! For more info on E-commerce/dropshipping check out my post, “Key tips you need to know when starting a Shopify store…” for more in-depth explanation.
Social Media Marketing Agency:
Now this is for the people who don’t necessarily want to deal with the responsibilities of running an E-commerce brand/dropshipping branded store. A lot of these physical businesses such as restaurants, dental offices, etc… the owners of those businesses for the most part are leaving a huge chunk of money on the table simply because they don’t know how to take advantage of the internet (Or in all honesty are just too f***king lazy to learn) that’s where you come in!
So what exactly do you do to get started? Well first learn how to market. My personal advice, take 2-3 weeks aside and actually learn Facebook ads/Google AdWords because that is the most crucial part of being able to do this. What exactly will you be doing? As a social media marketer, you’ll be creating/taking over the client’s social medias for their business and you will be running ads and you’ll be bringing traffic (potential customers) towards their business which will put more money in their pockets.
The more clients you take on and provide good results, the more money you’ll make. Now how do you get paid from doing this and do you have to use your own money? In the beginning you want to provide value ( a test run) to your client and show them that you’re worth the extra investment. You know when you’re in the mall and you walk past the food court and you got the people handing out free samples of their food. Well it’s the same concept. Give them a taste and if they like, you can write up a contract and they’ll give you a budget to utilize to grow their business. You can easily make an extra $1,500-$3,000 a month per client. Imagine having 4-5 clients paying you $1,500 a month, you do the math. For more info about SMMA check out this video by Kevin David for a more in-depth overview.
Print on Demand:
Now this is a unique take on making money online because, this isn’t talked about too much. For all of my creatives out there this opportunity and the time we’re in right now is GOLDEN! Especially with COVID-19 most shipping times for online businesses are extremely pushed back and may be a good minute before they go back to normal. So what exactly is P.O.D ? It’s pretty much similar to dropshipping, but instead of already made products, you’re creating the designs. That’s right, YOU!
Clothing, accessories, phone cases, necklaces, etc… you’ll be creating the designs via photoshop. Afterwards, the fulfillment center manufactures it and sends it to your customers. Fun fact, my clothing line (01 Vision) started off as an P.O.D but will very soon become an actual clothing retailer. So what’s a good P.O.D company to go through? Me personally I use Printful. Very reliable, tons of different items to customize, fast shipping, great customer service, been using them now for 2+ years now.
Now how would you market this? I actually recommend using Instagram influencers, but of course do a lot of research on Instagram influencers before reaching out to them and utilizing their platform. They’re essentially cheaper then using Facebook ads if done right. $100 on the right IG influencer can bring in mad weight and build data so when you start using Facebook ads, you already have a head start.
In conclusion…
We are only 6 months into 2020 and as you can see a lot can happen in a mere 6 months. This pandemic will either do two things to you and that’s either make you more lazier than you already were or bring out that inner hustler in you. With all the bars, malls, clubs, etc… closed, you literally have nothing but time to invest in yourself and be a better version of yourself by the time this pandemic passes. Getcha ass up and get at it, no excuses! Y’all stay safe out here, especially if you’re protesting in the streets. Much love! New blogs coming this week.
New Generational Wealth 