Can I Get Some Money Please

5 Common Internet Business Models Simplified 

Most beginners

Who are new to online marketing tend to get overwhelmed by the sheer variety of

ways one can make money online.  Regrettably, all money-making approaches are NOT made equal. 

Survey Sites, performing microtasks for pennies, etc., are largely a waste of time and effort.  Whereas other methods such as affiliate marketing, arbitrage, product development, etc. are very lucrative. 

Knowing Which business model to choose is imperative to succeeding online.  You don’t wantto devote some time and effort trying to ice skate uphill.  It’s best to go with the 5 recognized internet business models below. 

     

  1. Freelancing

If you are on a limited budget, it’s better to start out with freelancing. The fantastic thing about freelancing is that it forces you to master a skill which you can use to create an income online. 

Ideally, your skills must be related to internet marketing.  For Instance, Digital graphic design, content creation, search engine optimization, video

creation, etc.. 

Visit freelance websites like Fiverr, Upwork, Legiit, etc. to get an idea

of what the popular gigs are.  So long as you have the skills to provide similar

services, you will have the ability to make money. 

It may take you a while to gain traction, but sooner or later customers Will hire you, and if you do a fantastic job and deliver the work on time or earlier, you can bet you’ll have repeat customers. 

As you get more popular, you can raise your rates and so on.  The Money you earn from freelancing can be used to finance your other online

businesses. 

     

  1. Merchandise creation

Product creation is among the fastest and most lucrative ways to construct An online income.  Once more, you may need skills and expertise.  

For example, if you are into fitness or survival or you’re really good at Building niche sites, you can write a book or create a course on what you’regood at. 

From there, it’s only a matter of marketing to your niche audience.

Although this description simplifies things a lot, the point you should note is

that creating and launching your own infoproducts or real products is one

of the best ways to make an income online. 

     

  1. Affiliate Advertising

If you don’t wish to create products and deal with customer service, that is understandable.  You’ll probably be interested in affiliate marketing.   This business model is relatively hands-off. 

You’ll be promoting other people’s products and be getting a commission

Every time you make a sale.  There are thousands of products to market on ClickBank, Amazon, Commission Junction, etc.. 

As long as you can drive traffic to the sales pages, a percentage of

Your traffic will convert to sales and commissions for you. 

     

  1. Ecommerce

Ecommerce has seen a boom because of the COVID pandemic.  Millions of people are shopping online and getting used to it. 

In ecommerce, you can either sell tangible products you create or you

May dropship products produced by suppliers together with your own branding.  

Another sort of ecommerce is called’Print On Demand’.  In this

Business model, you’ll create designs which will be printed on hats, mugs, shirts, etc..  Sites like Custom Cat, Gear Bubble, etc will create the goods with your designs and send them out.  It’s a really hands-free procedure. 

Ecommerce does demand a budget to begin.  You’re looking at

Everywhere from 1k to 4k when you’re starting out.  You will want to run advertisements and so on. 

This is a VERY profitable business model when you move on to a winning

product.  There are many marketers making 6-figure sums with dropshipping/print on demand. 

     

  1. Kindle publishing

Kindle publishing is best suited for those who have always wanted to be

writers and publish their own book.  If you are skilful, you’ll have the ability to

generate 6 figures in royalties. 

You’ll also need to know how to outsource some of your writing so that

It’s possible to scale up faster.  The secret to increasing your profits is to not only write yourself, but to employ other people to write for you. 

Selling on the Kindle market requires marketing skills too.  It’s

Not all about being a good writer. 

These 5 business models are a good place to start from.  If none of them

Seem like your cup of tea, you may research other business models such as

domaining, arbitrage, etc.. 

If you Pick a legitimate business model and you are focused and

Consistent, you may reap the rewards and have an online business you can be proud of.

Can I Get Some Money Please

Do I Need a Site to Succeed Online? 

This is a Very common question and is asked by tens of thousands of beginners that are trying to build a business online.  Before answering this question, it’s important to understand why it is being asked. 

The answer To this is simple — it seems intimidating to construct a blog or blog.  Newbies squirm at the notion of the’technician’ involved.  In fact, with WordPress and all the plugins available, building a website is a breeze nowadays. 

If it seems Too formidable, you could even find a freelancer on a site like Fiverr or Legit to construct a website for you for only $30 to $40.  It really is an easy process. 

By watching About 10 to 20 tutorials on YouTube (absolutely free), you’ll have a great idea of how to make pages and posts and so on.  It really is simpler than you believe. 

Now let’s Look at why a site is essential to succeed online.  Could you succeed without one?  Yes, you can… BUT it will be much more difficult and will take you more.  Your chances of success would be slimmer too. 

     

  • Establishes authority and an Internet presence

Having a website gives you a 24/7 presence online and makes you look Like a power in your niche.  Like Jay Conrad Levinson said,”Your websiteis the window of your business.  Keep it fresh, keep it exciting.” 

     

  • Opportunities for passive income

When you have a website, you can replicate it with informative and helpful content.  By sprinkling affiliate links in the content, you will increase your

odds of making passive affiliate commissions. 

You never know who’ll be stumbling on your site and reading your

Content and curiously clicking on the hyperlinks.  Yet, it happens all the time. 

     

  • Reduces your costs

Having a website will help mitigate your business costs.  If your blog is

Popular, you can have ads on it too.  These different income generating

opportunities will only be accessible to you if you have a website. 

The extra income you create will help to defray the overall costs on your

Company and keep you in the green. 

     

  • Drives traffic and extends reach

 

A website is also a form of traffic generation.  Individuals who find your website Via the search engine or social networking properties can be contributed to your sales pages, landing pages, etc.. 

Your Site is not just a hub for your viewers to hang out in, but

Will also act as a conduit to funnel them in to your listing or get them on your

sales pages and warmed up enough to buy your products. 

A website is available to people all over the world.  The same can not be Said for videos or social networking sites which might be blocked in some countries.  You have a much wider reach. 

     

  • Helps you build a list

Even if you do video marketing, you can have a link on your video description To a landing page on your site to capture email addresses.  After that you can market to your list later on. 

The same applies to Pinterest, Instagram, etc..  Never build a home on

rented land.  You should always have links from other sites pointing to your

landing page/website so that you build your own list. 

     

  • Aids with marketing

Another point to note is that a website lends credibility to your

business.  For those who have a YouTube channel, a connected website will make

everything seem more legitimate and assist with your company immensely. 

 

For example, if you run a gardening channel where you always put out

Videos on gardening tips and you have thousands of followers — by having a gardening site, you’ll be able to sell books on growing beautiful roses or vegetable gardening hints. 

This is just an example, but you get the point.  You Will Need a website to

Sell your own products. 

By now you will realize that it’s not an issue of if you Want a website, But more of when you are going to build your own website.  Imagine your website to be a piece of virtual property which will generate profits and gains for many years to come. 

Does that sound exciting?  You bet it is.  So, cast your fears aside and

Go right ahead and build your online property.  You’ve Got online guests waiting to visit it.  Start on it now and you will have a beautiful site in a couple of weeks.