The psychology of making money.

A new way to make money online, Conclusion

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The gig economy has become a part of our work culture, while e-commerce marketplaces have created a global playing field for ordinary people looking to sell products and services. Against that backdrop, there are many time-tested opportunities out there to make some money on the sidefrom selling your photos online to taking paid surveys.

Some of these are easy, but others take time, creativity and even a bit of overhead. And, as always, do your own due diligence to make sure these options are right for you. Become a sneakerhead Selling sneakers online is becoming big businessand not just for Nike and Adidias. Sneakerheads are flocking to these platforms to flip rare kicks, which they usually snap up directly from big brands before marking up the price online.

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A big player here is StockX. Befitting its name, its website looks more like a stock trading platform than an online 100 earnings on the Internet without investments store.

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Buyers place bids and sellers place asks, and a transaction happens automatically when the two sides align. StockX collects a 3 percent payment processing fee on all salesplus a 9.

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The takeaway: The secondary market for collectible shoes is having a moment. Look no further than Facebookwhich now offers payment in exchange for permission to track your phone usage. Inthe social media company launched Study from Facebooka market research app which collects user data about phone activity in return for a monthly payout. The company says it won't use the data to target advertisements or to sell to third parties; it simply aims to learn about the habits of smartphone users.

You have to register and receive an invite from Facebook to participate, with the app only available in the U.

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The company Datacoup has been around since and offers to help people sell their data anonymously. Then there are options like Panel Appwhich doles out rewards to users who take location-based surveys.

1. Money-making strategy: Drive for Uber or Lyft

Overall, this trend should continue to provide regular opportunities for people hoping to make money. Case in point, on Prime Day in Amazon offered U. Follow the example of thrifty teenagers People have long gone online to clear out their closets, but Gen Z is now getting in on the action.

Look no further than Depop. Often described as a mix of eBay and Instagram, Depop is an international marketplace for fashionable secondhand items, from vintage Prada to newly trendy Old Navy sweatshirts from the early s.

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Sellers have profile pages where they post pictures, descriptions and hashtags, while buyers can follow their favorite sellers and scroll through their posts in a feed. Like other online marketplaces, there are potentially some overhead costs for sellers and Depop takes a 10 percent cut of each sale.

The platform was originally launched in Milan inbut in recent years it has grown to command a cult following, with 15 million users in countries around the world. Among active users, 90 percent are under the age of 26, while an estimated one-third of all toyear-olds in the U. The craze appears to be taking hold in North America as well. Depop says the number of items sold in the U. The takeaway: Depop is far from alone in the online thrifting space, but the platform has tapped into a market of teenage tastemakers, creating a vibrant new way to buy and sell online.

Sell away on social media People are accustomed to buying and selling on A new way to make money onlineCraigslist or Etsybut social media platforms are now encroaching on their market. Take Facebook, for example. The move will allow Marketplace users to ship items anywhere in the continental U.

This comes after Facebook began letting users hire contractors, cleaners, plumbers and other home services through Marketplace starting in Not surprisingly, Instagram is also beefing up its e-commerce features.

Influencers, creators and online businesses can now tag products directly in posts, making it easier for their followers to buy from them. Facebook is also adding new business tools to its messaging platform WhatsApp, which will allow people to view a product catalog directly within the app when chatting with a business. The takeaway: In its drive to facilitate our every online action, Facebook is making it easier to buy and sell a diverse array of products and services.

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Rally Rd. The company reported in that it had 50, members who have combined to invest millions, with an average age of 26 among its user base. It has now expanded to offer other collectibles, from a first edition copy of Harry Potter and the Philosopher's Stone to a Honus Wagner baseball card.

The goal is to eventually sell these items to private collectors at a profit.

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Still, investors with the right appetite should find plenty of opportunities to get in on this trend. Another player here is Masterworksan online platform focused on fine art.

Become a sneakerhead

Founded init extends shares in works from Picasso, Monet and Warhol. The company reported that more than investors took part in the sale.

Keep up with gig economy opportunities The gig economy is nothing new at this point, thanks to companies like GrubhubFiverr and Rover.

But the gig landscape continues to change, and you can still find new ways to make money from this flexible style of work. Take Uber.

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The ride-sharing giant recently rolled out a new app that matches gig workers with a variety of different temporary jobs. The project, called Uber Works, launched initially in Chicago in October The company has partnered with different businesses in Chicago to offer gigs doing everything from assembly-line work to bartending. But Uber Works is far from the only new gig economy opportunity.

For example, the recently launched app Drum promises businesses access to a network of salespeople on demand. The takeaway: New opportunities continue to arise in the gig economy, allowing more people with different skills to earn money online. These days, Instagrammers or YouTubers with as few as 1, followers can attract sponsors.

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These online tastemakers are often dubbed as micro-influencers or nano-influencers, in marketing jargon. Micro-influencers generally have between 2, to 50, followers, while nano-influencers have 2, or less although the exact designations are very much up for debate. In fact, influencers with only 1, followers can generate 85 percent higher engagement than those withfollowers.

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As a result, their followers often get a more personal experience and their recommendations come off as more trustworthy. The numbers back this up.

A study suggested that 78 percent of millennials were either indifferent or had a negative view of celebrity endorsements. But how can you get sponsors aboard? There are also platforms like Patreonwhich allow independent content creators to make money by selling memberships to their fans.

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Related: 18 Ways for Digital Nomads to Make Money The rental economy continues to open up Basically everything you own can now become a source of extra income, thanks to the rental economy. The model popularized by Airbnb has now gone far beyond renting rooms and homes. Some newer Airbnb-style marketplaces include Jettlywhere you can rent out a private jet, or Swimplywhere you can rent out your swimming pool.

The list goes on and on.

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In Octoberthe company announced it would start allowing people to rent out animals as part of its experiences section. That means people can now paddleboard with corgis or go skateboarding with a a new way to make money online.

The takeaway: Like the gig economy, the rental economy continues to evolve, with opportunities to loan out your belongings extending to nearly every corner of existence. But what about for normal folks with mediocre hand-eye coordination?

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In recent years, live mobile games like HQ Trivia have become an easy way to have some fun and potentially make a little money. HQ Trivia popularized live mobile gaming inwhen it began hosting twice-daily competitions that attracted millions of people to compete for prizes reaching into the thousands. InTally revealed a pop-up mobile game where participants can win cash prizes for making predictions around major live events, from NFL games to the Oscars. More from Entrepreneur Get heaping discounts to books you love delivered straight to your inbox.