How to make money on Black Friday & Cyber Monday in 2020

A few years down the memory lane, the concept of black Friday and Cyber Monday might be naive for you but today it sure isn’t. These two events are marked as the biggest sales days in the retail world. Initially, these days or events were marked and celebrated in the US only but now these are known and celebrated all over the world.

While most of the people are busy partying and having fun during the holidays, some view the holiday season as the biggest opportunity to make money. Black Friday and Cyber Monday are no exception.

Black Friday and Cyber Monday are the Friday and Monday following up after the US holiday of Thanksgiving. Black Friday is marked as the first day of Christmas shopping and retailers offer exceptional bargains and discounts. Cyber Monday is celebrated the next Monday where great bargains and discounts are offered by online retailers.

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This time is nearing up to Christmas and everyone is looking to shop and there cannot be a better time to attract customers. What better way to make people shop then offering great discounts?

Now, many people believe that they will be able to make money on these famous retail events only if they have a store or have something to sell but this is not the case. If you own a store and merchandise, good for you but if you don’t you will still be able to make money on Black Friday and Cyber Monday!

What makes it a great time to make money is that people save up the entire year and look forward to this time of the year. They are willing to spend big and you can make good money.

Still wondering how? Then keep reading and I will fill you in on how you can make money on Black Friday and Cyber Monday.

Here are the top 30 ways to make money on Black Friday and Cyber Monday.

30 ways to earn money on Black Friday and Cyber Monday

Related articles to money-making:

30 ways to make money on Black Friday and Cyber Monday in 2020!

#1 Buy gift cards for less

There are so many platforms and applications that offer gift cards. Every year there are several gift cards that are not redeemed on time and are sold for less during this time of the year.

Not many know about this great trick but you can buy such gift cards a few days before the Black Friday and Cyber Monday on websites such as “Raise”. Once you purchase the cards at a discounted rate, you can convert them into cash and shop all you want on Black Friday and Cyber Monday sales, only to resell the items later for a profit.

If you are not convinced by the idea, then you have no idea how many people are willing to pay a little higher for their favorite products once they are unable to grab in a sale. So, don’t forget to buy the hot items of the rack and sell them at a profit later.

#2 Drive a Taxi

No, I am not kidding. During the Black Friday sales, so many people are looking to commute and if you are a part of services such as Uber, you will be able to make a lot of money due to the increase in your surge price-earnings.

If you own an independent private taxi, you will still be able to make a lot of money. So many people are moving around and looking for possible commute options. So, don’t forget to cash on this golden opportunity this year.

#3 Personal Shopper

The discounts and offers during this period are crazy. People go ballistic and the queues are super long. People start piling up in front of their favorite stores even before they open, and some people just cannot deal with the stress and pressure of such a crowded and busy place.

But they also do not want to miss out on the amazing deals and offers. That is where you can step in. You can offer your services as a personal shopper. You go to the stores, face the rush and the crowd, wait in the long queues and shop for people and they pay you in return.

So, if you think that you have the stamina and patience to shop in places that look like a madhouse then don’t forget to become a personal shopper this year-round.

#4 Professional Line Sitter

You probably read that twice rite? But it is true and as I have been mentioning again and again that the lines are super long, and shopping is not a very pleasant experience especially if you don’t have a lot of patience. So, people offer to stand in line for other people and charge a fee for it.

You can make someone else stand in the line for you while you grab a bite or look around and come to shop and pay when it is your turn. You step in for people who don’t have the stamina or time for such long waiting periods and can earn up to $40. Not a bad deal, right?

#5 Private Labeling

People are crazy about shopping this time of the year. For them, anything that is being offered on a discount is a good deal and they don’t think twice before swiping their credit cards.

You can also private label your products on ebay and Amazon and maximize your sales. Trust me, people will spend, and you will be able to earn a lot more than you usually do.

#6 Buy excessive products

This is perhaps the most effective way to earn money during the time of Black Friday and Cyber Monday. Almost everything around this time of the year goes on discount. From electronics to smart gadgets, apparel, and household goods, cosmetics and whatnot. Although for this method you will need some good amount of money on your hands to invest it surely pays off.

All you need to do is keep an eye on the best discount offers and deals and buy products at cheap rates. From laptops, mobiles, electronics or any other product; you just buy them at cheap rates and wait for the middle of the year when the prices return to normal.

Then, you resell all these items and earn a GOOD PROFIT. This method really works and can make you earn a lot of money.

#7 Drop-Shipping

Black Friday is the craziest time of the year. Great sales and amazing discounts make people come out of their homes and shop like crazy. While some people are up for the huge crowds, the busy roads, the chaos and the mess some people just can’t take all this stress.

But they still want to avail of all the amazing deals. They would rather stay indoors and shop online. This gives you a great chance to make money. You can look for wholesalers and buy products in bulk and sell them online at a profit.

You basically act as a middle man between the seller and the buyer and make money in between.

#8 Offer delivery services

As much as the retail stores are going crazy there is a huge volume of people who prefer to shop online. Obviously, after many sales, shipping companies are also loaded with orders to be shipped.

You can also start up a delivery and courier service and deliver goods to people who shopped online. You can always offer a low rate to bag clients but still, you will be able to make a lot of money this way on Black Friday and Cyber Monday.

#9 Record it all on the camera

As crazy as this time of the year is; not only is everyone a part of this event but media houses like newspapers, magazines, and social media reporters are also on the move.

You can also go out there and take pictures and record videos of the busy streets, long lines, and amazing deals and later sell them to the media houses to earn money. Everyone is footage crazy and will buy your content very quickly.

More than often because of the rush and heavy traffic, an interesting thing or two happens in the stores, such as a fight, someone stealing, bumping and hitting because of the huge crowd and if your camera covers any such event; media houses will pay you to get hold of the content. So, get those cameras rolling and start recording.

#10 Hold Garage Sales

Black Friday and Cyber Monday are all about sales and discounts. It does not matter whether people go to the mall or high-end brands to purchase or stop by a random garage sale to check out the stuff. It is all about shopping.

You can also conduct a garage sale in your backyard and earn money because when you put stuff on a discount (it doesn’t matter if the stuff is old or of no use to you) people buy.

People are in the buying mood and spirit this time of the year and your chances of selling all the stuff you don’t need any more are at an all-time high. So, don’t waste this golden chance and earn money.

#11 Help people shop

It is chaotic around Black Friday and Cyber Monday. People just want to shop on sale and save money. Many find it very difficult to organize their finances, coupons (if they have any) and their time.

You can help people plan and organize their shopping in return for some cash. You can organize their coupons and tell them what to buy and where to buy it from. You can fill them in on all the discounts, deals and offers being offered and whether they can avail any more discounts using their coupons.

You help them shop effectively and efficiently and they pay you in return.

#12 Gift Wrapping

This may look like a joke or a small thing to you, but it really is not. Black Friday is basically the first day of Christmas shopping and while people are at it, they would very much like to get them wrapped as well. Buying gifts for all their friends and family among such chaotic conditions is enough of a task let alone wrap them too.

So, if you set up a gift-wrapping stall somewhere in the mall or inside a store then you will be able to make a lot of money. Some people also leave the gift-wrapping task till the very end but those who have to mail it to their friends and family like to get the gifts wrapped immediately.

You can also use your car as a makeshift gift wrapping station if you don’t find a place within the stores. The interested shoppers WILL get their gifts wrapped from you.

#13 Sell snacks

When I was standing in the huge line at one of my biggest stores waiting for my turn; I was so hungry. I wanted someone to either get me something to eat or offer some snacks.

In the middle of all this, I saw a few people legit selling water bottles and snacks to people standing in the lines at a much higher rate and PEOPLE WERE BUYING THEM and I did it too because I was hungry and stuck.

It was then that I realized what a great idea it was to sell snacks during such times. It even takes more than 5-6 hours waiting in lines to either get in the store or check out and if someone is selling snacks at such a time, people buy!

#14 Food Trucks

Black Friday is not less than an event. People take off from their offices just to reach their favorite store on time. It is a madhouse everywhere and such a great time to earn money.

People walk, run and rush to buy their favorite products. They have to wait and often stand for hours which get them very hungry besides getting furious of course. Setting up a pop-up food stall or a food truck is a great option. If you can offer some great tasting food or already own a food truck then this is a great time to set up one in front of the shopping malls and retail stores.

People are tired and hungry from all the shopping and they Buy and Eat.

#15 Offer babysitting services

According to a recent survey, the need for babysitters increases by a massive 40% margin during Black Friday promotions. As I have been mentioning, again and again, people are crazy for Black Friday deals. My mom went to stand in line outside her favorite makeup store 5 hours before it was to open.

There are a lot of other shopping crazy women and people in general who want to be the first one to grab their favorite products and deals. Obviously, they require someone to take care of their kids so that they can shop without a care in the world.

Offering your services as a babysitter can help you in making a good amount of money.

#16 Open a store at Shopify

This is the season to shop. People have their credit cards ready and are fully charged to jump on all their favorite deals and products. They go around reviewing the discounts and deals before they open.

You can also start a store at Shopify around this time and flash the SALE sign to earn money on Black Friday and Cyber Monday. People are willing to spend, why not take advantage of this willingness and earn money?

#17 Sell on Etsy

Black Friday and Cyber Monday are not just celebrated in the US anymore but people from all around the world wait eagerly for the amazing discounts and bargains. It is convenient for them to log on to online platforms such as Amazon, Shopify, and Etsy and make purchases.

Etsy is a great market place for many people to sell and buy goods. The items being sold on Etsy are unique, vintage, customized, handmade and artistic. If you have a shop on Etsy, you can also introduce discounts and deals on your listings and earn money on Cyber Monday.

I have also done a separate post on “How to earn money on Etsy without doing anything.” If you have any queries regarding how to make a shop and money on Etsy; you can always read up my post.

#18 Pet Sitting

Again, just like mothers and fathers need someone to look after their kids while they are away shopping in peace, the pet parents also need pet sitting services. You never know how long it might take to shop and stand in those long queues, so having someone on board will help you relax your nerves and shop without any distraction.

So, if you have some free time on your hands and can look after a couple of pets for some time, then you should totally offer your services as the pet sitter and make some money while the parents shop away.

#19 Avail the Cashback offers

There are so many apps that offer cashback rewards and deals and especially during Black Friday, they offer even greater deals. This is a great way to save up on money (or earn money) by shopping through cashback app’s such as Ibotta and Ebates to earn cashback.

I have also done a detailed post on “Apps that pay you real money” and “how to make money through your phone?” you can check them out for more insights and tips regarding making money through apps.

#20 Social Media Consultant

Black Friday is big for the sellers and the buyers. If people are looking for the hottest deals and the best bargains, then the business owners and the retailers are also looking for people who will be able to promote them on social media and make more and more people aware of their offers.

Usually, companies and brands are interested in out-sourcing this job and if you are a technology and social media savvy person, and then you can apply to be their social media consultant. You will be required to guide and overlook their social media promotions and marketing team. You will also be required to come up with new, effective and innovative marketing strategies.

If you have what it takes to be a social media consultant or know someone who has (you can always outsource the job as well and earn commission), then you will be able to make money on Black Friday. Brands are desperate around this time to make sure they bag the highest sale volumes and will be willing to pay you a good amount of money in return to your services.

#21 Flea Market Sales

As Black Friday marks the first day of Christmas shopping, retailers attract a lot of customers. Everyone is looking for discounts and the best deals out there. Flea markets also attract a lot of customers towards them. You can also set up a pop-up shop in the flea markets and sell handy stuff like jewelry, clothing items, food, and snacks and earn a lot of money.

#22 Sell Christmas Gifts

Everyone shops from the Black Friday sales for Christmas Gifts. Of course, people shop for themselves as well, but majorly they shop for items that they would be able to gift at a discounted price.

If you don’t own a big retail store, you can still make money on holidays just by selling Christmas gifts. You can sell them at flea markets, various online platforms and even on your own webpage or blog. There is a wide range of Christmas Gifts that you can sell from and make money.

As I said earlier, people are in the mood to buy and when they hear or read the word Christmas Gifts, they feel attracted and compelled to buy. Do not let such an easy and golden opportunity go to waste.

#23 Entertain the Crowd

The long waits and lines can be boring. You can always entertain the crowd and earn money. You can sing, dance or play any musical instrument. While everyone is waiting in the lines and getting bored, they wouldn’t be having any better option than to listen to you or see your performance. And you can make money out of it, so don’t forget to drop by the shopping places this year with your instruments.

#24 Become a Virtual Assistant

Professionals and retailers are busy during this period. They need to make sure their inventory is stocked, and everything is in place. There are a lot of other chores to do as well. Sometimes, these professionals run short of staff members and are looking for temporary virtual assistants who can take care of the online duties and a lot more.

You can also offer to become a virtual assistant to these busy professionals and earn money in return. This is an effective way to earn money because it is a short time job and will pay you well. Who knows, you might be able to land a permanent job with some of the biggest retail stores in the country?

#25 Sell Security gadgets

Around the time of Black Friday, the stores are loaded with many people. The stores are so crowded that it becomes impossible to keep an eye on each customer which might lead to an unpleasant incident.

If you have any security gadgets, devices or techniques; this is a great time to sell them to the stores and earn money. Smart gadgets or even smart software and apps (that you might have developed yourself) will sell for a good amount of money during this time.

My brother worked on this security app all year round and sold it for a good amount during this time to one of the biggest retail giants. So, you can also create something like this yourself or get it made to sell it to stores. Trust me, you will be able to earn some good money this way.

#26 Rent a vending machine

It is natural to feel hungry and tired after waiting in lines for so long and shopping amidst such huge crowds. A very wise approach is to rent a vending machine and load it up with snacks and drinks. It is a great way to earn money.

This is a very practical approach as people are bound to eat when they get hungry waiting for a long time. For people with kids, vending machines are a lifesaver and you will be able to earn a lot of money this way.

#27 Sell Shopping bags

This is also a great way to earn money on Black Friday sales. People either forget to bring shopping bags of their own or run short of No one is aware of how much they will be shopping and often require more shopping bags.

Because people park their cars far away from the malls due to traffic, carrying goods in their hands is not a great idea. They are looking for shopping bags to carry their gifts. You can make money on Black Friday by offering to sell extra shopping bags.

#28 Set up pop-up stalls

If you do not have a huge inventory of products, you can still gather some unique and artistic goods and set up a pop-up stall and make sales. You can buy products from thrift stores and sell them during the Black Friday rush.

You can sell hair accessorize, offer people to play mobile games to distract them, sell vacation packages, host contests, market weight-loss products and take photos. There are so many things you can do to attract customers and make money. All you need to do is to cash on the buying spirit of the buyers and earn money.

#29 Sell books

Keeping the Christmas spirit in mind; you can sell cooking books, books for kids, advent calendars and a range of other books. People are often interested in cooking books to try out different and new recipes for Christmas and New Year.

Books make for an extremely nice gift. People from all age groups can be gifted books. There is a great chance that you will be able to make money on Black Friday if you think about selling books.

#30 Sell Christmas Decorations

Even if people are not looking for Christmas decorations in general but if you set up a pop-up stall with beautiful decorations on display, you can always catch the customer’s eyes.

Especially with the holiday season around the corner, people don’t mind buying a few extra things to gift or even decorate their own trees with them.

Summary

Black Friday and Cyber Monday are the biggest retail events in the country. Every year the hype has been increasing and in the year 2020, the anticipation and response will be even greater.

If you are interested in making money on Black Friday and Cyber Monday, you can try any of the above-mentioned methods.

Be smart about your approach and don’t miss out on such a golden opportunity to make money. It is the start of the holiday season and people are in the buying spirit. Cash on this buying spirit and make money during the holidays.

Have you also wondered about making money on Black Friday and Cyber Monday? Have you tried any of these methods before? Do you know of any other method that I haven’t mentioned? Let me know in the comments below, I would love to hear all about them!