How can I make some extra cash online in 2023?

According to a report by Grand View Research, the global online freelancing market is expected to reach USD 455.2 billion by 2027, growing at a CAGR of 15.3% during the forecast period.

A study by Upwork found that 63% of companies use freelancers, and 59% of freelancers have experienced an increase in demand for their services during the pandemic.

Shopify estimates that the global e-commerce market is projected to reach USD 4.9 trillion by 2023, with online sales accounting for 15.3% of total retail sales.

According to Oberlo, the average conversion rate for online shoppers is 2.35%, meaning that for every 100 visitors to an online store, only 2-3 will make a purchase.

A survey by Thinkific found that 75% of online course creators earn over $1,000 per month, and 25% earn over $10,000 per month.

The affiliate marketing industry is projected to grow to USD 13.4 billion by 2027, at a CAGR of 10.3% from 2020 to 2027.

80% of online businesses fail within the first 5 years, according to a report by CB Insights, citing reasons such as lack of market need, running out of cash, and not having the right team in place.

Research by NerdWallet found that the average American has 3.5 unused gift cards, worth an estimated USD 130 billion, which can be sold online for cash.

According to Entrepreneur, the top 5 online business ideas include digital marketing services, e-learning platforms, online coaching and consulting, affiliate marketing, and selling products on Amazon.

A study by Mailchimp found that email marketing campaigns have an average open rate of 21.3%, click-through rate of 2.6%, and conversion rate of 4.3%.

The gig economy is expected to grow to USD 455 billion by 2023, with 43% of Americans participating in the gig economy, according to a report by Intuit.

Online surveys can pay up to USD 50 per survey, with some websites offering up to USD 100,000 in rewards, according to a report by The Penny Hoarder.

Creating and selling an online course can earn up to USD 50,000 in revenue, with platforms like Udemy and Teachable offering course creation tools and marketing resources.

A report by Hostinger found that 60% of online entrepreneurs start their business with an initial investment of under USD 1,000, and 40% start with no investment at all.

According to Forbes, the top 5 online business models include selling products, offering services, creating and selling online courses, affiliate marketing, and creating and selling digital products.

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