affiliates marketing

Side Hustle Statistics – Millennials Are The Worst at Side Hustles

By Ken Roberts 19/11/2022 3 mins read

Side hustle stats might surprise you. It is possible to make a lot of extra money if you're willing to work hard. Childcare, bartending or social media specialist are some of the most popular side hustles. In fact, 27% of side hustlers prefer their part-time jobs to their full-time jobs.

Millennials are among the worst side hustlers

Millennials are notorious for being uncommitted, disloyal and uncommitted to their full-time jobs. To make extra income, these workers often turn to side hustles. These side hustles can range from freelancing to volunteering, building a business or anything in between. Some Millennials do it to make money, but they also enjoy it because it suits their values and personality.

A recent BankRate survey found that more than half of American millennials have a side project or job. There are many reasons why this is the case, but many side jobs were inspired by hard working conditions. The recession resulted in a drop in the number of jobs, and many millennials opted to settle for a less inspiring career path. Many side hustlers work for themselves, often at no cost.

Gig workers offer childcare, bartending, social media specialist, or freelancing

The gig economy has become a very popular way for people to supplement their income. There are many gigs that you can do, including bartending, freelancing and childcare. These flexible jobs provide steady income and can be done in one day. Finding the right gigs is the greatest challenge for gig workers. Here are some popular gigs.

Many people opt for part-time employment, aside from freelance work. Part-time jobs tend to be more stable than gig work because they are usually assigned by task or shift. It's great to have flexibility, especially if your current job is in the office or studying. There are many gigs available that will suit your skills.

A website makes you more money than someone without one.

Many successful entrepreneurs started with blogs. Ramit Sethi (best-selling author in the personal finances industry) and Tim Ferris (best-selling author in the personal finance sector) made over $5,000,000 in a week selling a course that they had created on their blogs. These two cases show how side hustles can be combined to make money. Affiliate marketing can make it easy to make money online.

If you are looking for a side business, choose one that is aligned with your passions. If you are passionate about babysitting, real estate, and dogs, you should choose a side hustle that is easy to fit into your day. Make sure you find a side hustle that matches your interests and your skills. If the venture isn't financially feasible, it won't be profitable.

Website-owning Millennials earn more than those who don't have one.

It is no secret that millennials who have a website make more than those without. The millennial generation has suffered from the Covid-19 pandemic as well as the recession. There were fewer opportunities to gain income or progress their careers when there was no work. This set millennials back financially, which negatively affected their self-esteem. According to the Pew Research Center, the recession cost younger workers nearly $22,000 in lost income. There are many ways for millennials who want to supplement their income. This includes side hustles as well as investment opportunities.

One proven way to generate high volumes of content quickly is to engage with millennials through a product sampling campaign. 86% will write reviews after receiving a sample or free product. In addition, loyalty points or discounts can motivate millennials. Many clients offer sweepstakes entries to PowerReviews as an incentive for reviewing. This is a great method to reach millennials and to create an online community.

FAQ

What are some quick ways to make money on the internet?

There are many ways to make money online. Here are a few ideas you may not have thought of yet.

Become an affiliate marketer
Sell your Products
Start a Blog
You can create a course
Write articles
Promote Other People's Products
Offer Consulting Services
Teach Online Courses

How can you make money online in 2022

Many people are forced to work from home because of the pandemic coronavirus. This could allow you to take control of your schedule and spend less time commuting. However, many jobs still require physical presence. Here are some ways you can make money online if your goal is to be your boss.

1. Sell your products

2. Become an affiliate marketer

3. Start a blog

4. Offer freelance services

5. Create digital designs

6. Write articles

What is the best affiliate network for beginners?

Amazon Affiliate Program, the best affiliate network for beginners, is it. It is possible to get started with the program without investing. This is one of the most renowned affiliate networks.

Amazon Associates is a great option if you're interested in joining the Amazon Affiliate Program. Referring customers to Amazon.com is another way you can earn commissions.

Statistics

BigCommerce affiliate program , you receive a 200% bounty per referral and $1,500 per Enterprise referral, with no cap on commissions. (bigcommerce.com)
According to the Baymard Institute, 69.82% of shopping carts are abandoned. (shopify.com)
Some 70% of consumers say SMS is a good way for businesses to get their attention. (shopify.com)
According to research from Adweek, over half (51%) of TikTokers make purchases from brands they see in the app. (shopify.com)
One of the most well known sites is the Amazon affiliate program, Amazon Associates , which boasts the largest market share of affiliate networks (46.15%). (bigcommerce.com)