29. Set up a daily deals site

Creating a daily deals site is an ingenious way of making money without dealing with the end-to-end sales process. You won’t have to deal with product manufacture, storage or delivery – you’re merely matching customers will products and taking a cut of the profits.

 

A daily deals site offers discounts and offers on products and services for one day only. Finding merchants is relatively easy – they need only provide discounts for a day, and they will often experience a boost in sales, making them likely to return.

 

To get going, all you need is a website. After this, you’ll need to find merchants who can offer credible products and services with attractive discounts.

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