How to Earn Extra Money With myCred’s Free add-ons

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Everyone wants to make a little extra cash on the side and what better way to do that but with add-ons that don’t cost you a dime from your pocket?

Without wasting your time, let’s move on to the core point, how myCred can help you earn extra bucks, and that’s too using FREE gamification add-ons.

earn extra money mycred addonsDo you have an idea how behavioral science compliments gamification?

If you do not know, let us explain it a bit.

Gamification encourages users to participate in desirable behaviors, demonstrates them a progressive path to unlock several virtual rewards, and takes advantage of human psychological proclivity for gaming.

Never underestimate the power of digital rewards

You can implement gamification to increase consumer engagement and influence consumer behavior. In order to achieve this, consumers should be rewarded with virtual items (like points, badges & ranks) for specific behavior (e.g., buying something, signing up, using the product, filling out their profile).

When you reward your customers with virtual prizes like points, badges, and ranks, it’s a proven fact, they tend to engage more and spend more.

Here are a few free myCred add-ons that can help you earn extra money:

#1 myCred MemberPress:

Before knowing the advantages of myCred MemberPress free add-on, first, you need to know what membership sites actually do?

How do membership sites work?

A membership site is a website filled with content that’s only accessible to members who pay a subscription fee. It often includes access to an ongoing community. As the owner of a membership site, you’ll have to release new content regularly to keep people paying for access.

extra-money myCred MemberPressMembership sites add a layer of stability and reliability to your income stream that just doesn’t exist when you sell one-off products or services. They help you weather the highs and lows that naturally come with self-employment.

Calculate it yourself!

Let’s say you charge people $25/month to access your membership site. (Frankly, that’s pretty cheap. Some go as high as $199/month.) At that price, you only need 80 members to make $2,000/month for yourself. Isn’t it a piece of cake?

What does myCred MemberPress FREE add-on do?

myCred Membership integrates myCred with the MemberPress WordPress plugin. The integration awards myCred points when membership is subscribed and developed using Memberpress.

What you can do with the myCred MemberPress add-on?

(i) Award points on the purchase of a new membership: Give users points when they purchase a subscription product.

(ii) Award points when membership is renewed: Give users points when they renew their subscription product.

(iii) Award points when a specific membership is purchased: Give users points when they purchase a specific subscription product.

Just imagine gamifying the process of buying new subscriptions on your membership site and a renewal strategy for subscribed members. How much extra money you can generate through engaging and retaining your subscribers… keep counting!

#2 myCred For GD Star Rating:

What are crowdsourcing websites?

Have you ever realized that all these billion-dollar profitable platforms like Facebook, Twitter, Youtube, and Instagram are based on a crowdsourcing mechanism?

Me and you who use these sites and post several types of content daily like status, pictures, videos for our social networking friends & peers to like them or show their reaction to it. It populated these platforms and attracted advertisers for marketing opportunities.

myCred GD Star RatingThis is how such profitable crowdsourcing websites earn jaw-dropping revenue through advertising and content monetization just because of our engagement with these platforms.

By following a similar strategy you can build a crowdsourcing site/blog and allow the registered users to post content on it.

What does myCred For GD Star Rating FREE add-on do?

myCred For GD Star Rating is a powerful, highly customizable, and versatile rating plugin that allows your users to vote for published content on your website. With mycred for GD Star Rating, you can reward your users with points every time they rate published content or its authors on your website.

Using myCred For GD Star Rating free add-on, you can mobilize active users on your crowdsourcing website and be able to display different types of advertisements and paid reviews for different brands.

This is how you can generate extra money using myCred For GD Star Rating.

#3 myCred LearnDash:

The COVID-19 has resulted in schools, colleges, and universities shut all across the world. Globally, over 1.4 billion students are out of the classroom. As a result, education has changed dramatically, with the distinctive rise of e-learning, whereby teaching is undertaken remotely and on digital platforms.

earn extra money myCred LearnDashResearch suggests that online learning has been shown to increase retention of information, and take less time, meaning the changes coronavirus have caused might be here to stay.

Click here to know the future of online learning in terms of solid numbers.

What is LearnDash?

LearnDash transforms your WordPress site into a powerful learning management system (LMS). In minutes you can create & sell courses, track user progress, and award certificates.

How does myCred LearnDash FREE add-on work?

myCred LearnDash add-on enables online learners to spend and gain points on courses, lessons, topics, and quizzes. Users can easily create courses through the Learndash plugin, and the overall work is performed in a virtual atmosphere. It is an excellent integrated plugin that engages users, keeps them motivated to focus on their studies, and provides numerous ways to earn points & badges.

myCred LearnDash efficiently manages user logs and point balances from one single dashboard. It helps users automatically award points to your users with points whenever they complete a particular goal or action.

A few examples of online course selling platforms:

Platforms like Udemy, Coursera, Khan Academy & ByJu’s are earning billions by selling online courses globally. If you are already in the education industry or want to create your practical courses based on your profession, you can easily build an online course selling website.

myCred can help you to gamify your LMS-based website. It has all the capabilities to engage students in your learning track and drive them to buy more courses.

FREE advice: If you are seriously willing to start your online courses selling setup and an LMS-based website sooner, LMSExperts is one of the best agencies to consult with. Contact them ASAP.

Wrapping Up!

Earning a bit of extra money isn’t difficult as it seems. All you need to do is make an intelligent strategy and understand consumer behavior. Try myCred FREE add-ons and generate comparatively better income.

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