5 Apps that can make you money.

 


1.     OfferUp

How it works: OfferUp, which recently merged with competitor Letgo, functions as a local marketplace that you can use to sell your products. If you want to reach a wider audience, OfferUp can also ship within the continental United States. Create an account and take a picture of your smartphone, car, bank, or whatever you sell. Once you add a title, description and price, you can place your ad and chat directly with buyers through the app. Then you will send or arrange a meeting with the buyer. [Note: If you decide to continue this during the pandemic, follow proper cleaning and hygiene.

 

 

Payment: Cash as deposit on debit card or bank accounts

 

Pros: Building a list is easy and quick, and you get paid instantly when you make a cash sale. You can also look at reviews and ratings from a potential buyer to get an idea of ​​how reliable they are in advance. When you ship your item, the costs are paid by the buyer and OfferUp offers the label

 

Disadvantages: You are responsible for personal meeting with local buyers and managing transactions. Sellers must pay a service fee of 12.9%, as a minimum of $ 1.99, for sh ipping.

 

 

 

2. Poshmark

 

 

How it works: The Poshmark app is tailor-made for selling clothing and accessories. After signing up, take or upload photos of your item, fill out a description, price it, and share the list. You can also present items at the app's "Posh Parties," which are virtual shopping events focused on particular brands, categories and themes. Poshmark emails you a prepaid shipping label once your purchase is made. Then send the package. Payment: Check or direct deposit to a bank account.

 

Pros: Poshmark makes the entire process easy, from sale to shipment. Plus, you don't need to meet strangers to make a sale. The company will cover lost packages and handle issues between you and the buyer. Receiving a payment is also relatively quick; Poshmark issues the money within three days of the buyer receiving the order.

 

Cons: You will pay a fee to sell through Poshmark. The company charges a commission of $ 2.95 for sales of less than $ 15 and a commission of 20% for sales of $ 15 or more.

 

 

 

 

 

 

3. Swagbucks

How it works: ​Swagbucks is a cash-back and rewards app. You earn points, called "SB," by shopping, taking polls, watching videos, playing games or fulfilling other tasks through Swagbucks. You can redeem those points for gift cards or get cash back to your PayPal account. The total points awarded can vary by task. For example, surveys are typically worth about 40 to 200 SB points each. The minimum balance required to redeem depends on the payout option you choose, but some gift cards are available for as low as 140 SB

 

Payment: ​Gift card or PayPal

 

Pros: ​Swagbucks offers many easy ways to earn rewards, and there’s no waiting period to cash in. Payments usually arrive within 10 business days after redemption. You can also get a $10 bonus with a qualifying $25 purchase when you join.

 

 

Cons: ​It doesn’t pay much; one SB is worth about a cent. With many tasks valued at pennies, it can take a fair amount of time and effort to make substantial money. Additionally, you won’t qualify for every survey or task. Users often report getting kicked out of surveys in the middle of taking them. This can be due to demographics or dishonest or inconsistent answers, according to Swagbucks.

 

4. Fiverr

How it works: ​Fiverr is a freelancing marketplace that features gigs in over 200 categories, such as programming and video and animation. You create a profile as a "seller" highlighting your expertise. Then, post the gig you’re offering, which will include pricing and a description of your services. Clients, known as "buyers," can click through and place orders. You’ll get paid once you complete the job. Fiverr assigns seller levels based on performance. As you move up each tier, you’ll be able to sell more “extras,” such as a faster delivery time.

 

 

Payment: ​PayPal, direct to a bank account or credit to a Fiverr Revenue Card (a prepaid card). Minimum withdrawal amounts vary and you may be charged a withdrawal fee, depending on which option you choos.

 

Pros: ​You don’t have to worry about tracking down buyers because they come to you. You can also earn tip.

 

Cons: ​Fiverr takes 20% of your earnings for every gig, including tips, and there’s a standard 14-day waiting period to withdraw money after completing an order

 

 

 

 

5. Ibotta

 

How it works: ​Ibotta lets you earn cash back on in-store and online purchases at over 1,500 brands and retail chains. Originally for groceries, it has expanded to include clothing, entertainment, pet supplies and other categories. Offers can be product or retailer-specific — and some will automatically be applied. For others, you’ll need to complete an additional task such as watching a video or taking a poll

There are three possible ways to earn cash back in stores: Add offers and submit your receipt in the app after your shopping trip, link your retailer loyalty accounts or purchase a retailer gift card through the Ibotta app. For online purchases, you shop through the app or website.

 

Payment: ​PayPal, gift card or direct to a bank account

Pros: ​You’ll receive cash back on in-store purchases quickly — typically within 24 hours. Ibotta also offers up to a $20 welcome bonus, referral bonuses and variety of payment methods.

 

 

Cons: ​Making money can be a slow process. You must have at least $20 in cash back to redeem your earnings (or $25 for certain gift cards). For online shopping, the pending period for earning cash back varies by retailer. But for some, it can take several months to get credit for your purchase. For example, at the time of this writing, the pending period for Macys.com is up to 90 days

 

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