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How can $200 be doubled in a month? filter_list
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How can $200 be doubled in a month? #1
I lost my job a few months ago, and then I chose to plunge into the deep sea of social media. I was scared because I knew it was very competitive and I was prepared. I asked a lot of experienced bigwigs, looked up a lot of tutorials, and even asked about AI, and finally I started my battle on YouTube, here's my approximate allocation of funds for this month, can anyone help me see how else can be improved?

I started with $200:
1. AdsPower Subscription
Cost: $20/month
Purpose: Manage multiple YouTube accounts safely, avoid account bans, and streamline operations.(I also made a little extra money with it, about $40, but I didn't count the calculations below)
2. YouTube Channel Creation & Content Production
Equipment Investment: $100
Purpose: Purchase basic recording tools
Software Tools: $30
Purpose: Subscribe to video editing software
3. Affiliate Marketing Promotion
Promotion Budget: $50
Purpose: Invest in social media ads or boost YouTube videos to increase visibility and attract clicks on your affiliate links.

Estimated Monthly Earnings
Video Views: Assume each video receives 1,000 views, totaling 5,000 views per month.
Click-Through Rate (CTR): 2% (100 clicks).
Conversion Rate: 5% (5 sales).
Commission Per Sale: $20
Total Income: 5 sales × $20 = $100
Net Profit: $100 - $20 (AdsPower) - $50 (Ads) = $30

Of course, the real data is not so neat, and it is just erased for the sake of easy viewing xD

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