How to turn $5 into $6?

13 replies
How to turn $5 into $6?

Yeah, you read it right. See. I know that if you want to make a better profit margin you're required to invest more than $5 (lol). So let's just say, I just want to utilize this $5 I have and make 10-20%.

What are some possible ways? Also, I'm interested in long-term ideas but nothing more than a month (30 days). It's 5bucks come on!
#turn
  • Profile picture of the author cititoru
    Buy some trafic to your CPA offer on Fiverr and you might make more than $6.
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    • Profile picture of the author Tomas Lodén
      Originally Posted by cititoru View Post

      Buy some trafic to your CPA offer on Fiverr and you might make more than $6.
      Yeah Fivver is a good place if you have something good to offer and want to make a few quick dollars. Never tried it myself but have alot of friends making good money from giggs. Good Luck.
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  • Profile picture of the author TheInfoMarket
    Find a high rated gig on fiverr that can promote your business. If you choose wisely, based on your niche and the type of promotion, you could make a good return on your ($5) investment.
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  • Profile picture of the author Danny Shaw
    I would pay people 1$ to sign up for $1.50 cpa offers. There are lots of places to find people willing to do this.
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    • Profile picture of the author thedark
      Originally Posted by Danny Shaw View Post

      I would pay people 1$ to sign up for $1.50 cpa offers. There are lots of places to find people willing to do this.

      Is it right to do that ? I mean, if they found out, they will remove your account. You may be sure that they can't find out but let me tell you how would I say if I was the owner of the program: the leads are collected and paid for so they can sell something to those people. If the leads that you send to them never convert or click any ad, then there is no point in continuing the contract with you. On a small scale, this could work because you are too little to make your fraud to count, but you can't scale it.

      I think that the goal of the thread starter is not to make 1$ profit. He want to find a way to make more money than he invest. Things are not that simple. Most people will tell you that you either build a product to sell, or you build a good landing page to sell affiliate offers or to drive the traffic to CPA leads.

      The problem is that you need to invest time and money into your product. Maybe at first you will spend hundred of dollars or more in advertising until you make your sales copy better so you can make a profit.
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      • Profile picture of the author butters
        Originally Posted by thedark View Post

        Is it right to do that ?
        No, Simple as that.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Danny Shaw View Post

      I would pay people 1$ to sign up for $1.50 cpa offers.
      You don't think that might be dishonest? How would you feel about what you've suggested if you owned the company paying people the $1.50?!
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  • Buy 5 bottles of water for $1 a piece.

    Walk down a busy street on a hot day. Preferably in the parking lot of a festival or fair with long lines to get inside.

    Sell the bottles of water for $1.20 each. You now have $6.

    Hell, it's hot and people are desperate - sell them for $2 and you make 100% profit. Or sell them for $3 each!

    Okay, maybe that's not fair because it isn't online. But it's still good food for thought.

    Online scenarios aren't that much more of a stretch. How can you do it with websites? Content? eBooks? Physical goods? 20% margin is not that far out of reach when you break it down.
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  • Profile picture of the author KevL
    Sell something for $6 that you can pay $5 for on fiverr
    Fiverr has a wealth of different offerings from people who'll do all sorts for a fiverr, that you can easily sell for $6. In fact, I know that there are some people re-selling fiverr gigs for hundreds!... Just a case of finding the right gigs, and finding the right people to sell them to. Be a good middle man
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  • Profile picture of the author tomerep
    maybe this is one of those pyramiding scams.lol but if you really want to turn 5$ to 6$, maybe you can try to buy something that people really want, like in ebay or something, and sell it for again for 20% more.
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  • Profile picture of the author vick2011
    I do appreiciate the suggestions. The only personal problem I have with fiverr, well there are a few in general.

    1. Finding a "reliable" seller who can actually "deliver". Why? Because look most of us have used Fiverr, we know "how" it works. We also know that (if you don't know, please stop reading) some sellers build their business based up on "fake" buyers which build their reputation to selling and providing low quality services.

    2. Too much competition as a "seller". People offer "too good to be true" (3T Scams).

    Now look, I can go to IGA and buy 12 bottles of 600ML bottles of water for $5 and sell it in a hot city day @ $3.00+ per bottle. But, I'm here to learn how I can turn a small investment into earning/returning back even 10-20% of the initial investment. "ONLINE".

    Please explain, thanks !
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  • Profile picture of the author isaacsmithjones
    1. Get a PLR Pack for like $0.99.

    2. Rebrand it (write a better listing, and put on a different image)

    3. List a bunch of copies on ebay for $1.50 - You can list a total of 20 for the $2.

    4. One is likely to sell like every 4 days... That's 8 in 32 days.

    That's $12

    Not sure about ebay and paypal fees in the US, but let's say they come to like $0.50 per sale, then you've spent $3 on those fees.

    Spending: $1 (rounded) on PLR Pack, $2 on listing items, $3 on sale fees.

    Note: Sale fees come AFTER you get the money, so you're not spending more than you have.

    You spent a total of $6, and earned $12.

    $6 profit :-)

    P.S. Your ebay and paypal fees are likely to be less, but I'm just guessing.
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  • Profile picture of the author Nail Yener
    Originally Posted by vick2011 View Post

    How to turn $5 into $6?

    Yeah, you read it right. See. I know that if you want to make a better profit margin you're required to invest more than $5 (lol). So let's just say, I just want to utilize this $5 I have and make 10-20%.

    What are some possible ways? Also, I'm interested in long-term ideas but nothing more than a month (30 days). It's 5bucks come on!
    Find someone who writes articles for $5, also find someone who wants to buy articles for $6. Connect the dots.
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