How Can I Get Free Money Now

5 Common Online Business Models Simplified 

Most beginners

Who are new to internet 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 Websites, performing microtasks for pennies, etc. are mostly a waste of time and energy.  Whereas other methods such as affiliate marketing, arbitrage, product creation, etc. are extremely rewarding. 

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

     

  1. Freelancing

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

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

creation, etc.. 

Go to freelance sites like Fiverr, Upwork, Legiit, etc. to get an idea

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

services, you’ll be able 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 good job and deliver the job on time or sooner, you can bet you are going to have repeat customers. 

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

businesses. 

     

  1. Merchandise creation

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

For Instance, if you are into fitness or survival or you’re really good at Building niche websites, you could write a book or create a course on which you’regood at. 

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

Although this description simplifies matters a lot, the purpose you should note is

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

of the best ways to make an income online. 

     

  1. Affiliate marketing

If you do not wish to create products and deal with customer support, 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 due to 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 with your own branding.  

Another type of ecommerce is known as’Print On Demand’.  In this

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

Ecommerce does require a budget to get started.  You’re looking at

Everywhere from 1k to 4k when you are starting out.  You’ll need to run advertisingand so forth. 

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

product.  There are several marketers making 6-figure amounts 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 have to know how to outsource some of your writing so that

You can scale up faster.  The key to increasing your profits is to not only write yourself, but to hire others to write for you. 

Selling on the Kindle marketplace 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’re focused and

Consistent, you will reap the rewards and have an internet business you can be proud of.

How Can I Get Free Money Now

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will ask you to master new skills and get several moving

parts in alignment for your company to be the a well-oiled machine. 

It can be

Intimidating when you find how little you know.  Every time you learn

something new, there will be something else that you will need to figure out. 

It will

Almost seem like a never-ending procedure… but rest assured, that with time you’ll

master the fundamentals and get your ducks in a row.  Below you’ll find 3 common

difficulties that many beginner marketers face. 

When You’re

Aware of what these are, you will know what to do. 

1.   Choosing a business model

This is undoubtedly the most important decision you’ll need to make.  There is

A myriad of methods when it comes to earning money online.  There’s freelancing,

arbitrage, product development, ecommerce, Kindle publishing, domaining and much

more. 

The key to succeeding faster than most of the other people online will

Be to focus on a single business model.  Ideally, you should pick one that you may

be innately suited to. 

For Instance, if you prefer working for others, freelancing is appropriate

for you.  There are numerous freelancers such as writers, copywriters, graphic

designers, software designers who make 5 to 6 figure sums working as

freelancers.  If you are good, you’ll be sought after. 

If You Want to build your own company where you’re your own boss, you’ll

Need to look at the skills you’ve got or your natural abilities.  If you write well,

Kindle publishing may be calling your name. 

If you enjoy teaching others, you can create classes and launch your own

products.  So, ask yourself what you truly enjoy doing and what you’re good at.

 This is the key to unlocking your success online.  Do what you are naturally

good at. 

2.   Mastering the ‘tech stuff’

Countless newbies quit on their internet marketing dreams just because

the tech stuff overwhelms them.  The truth is that almost all of the technical details

are easy, when you know how. 

And if you really do not want to do it, you can always hire a freelancer

to do it for you.  Never quit on your internet business simply because you can’t

form a tech issue out.  Rest assured, there are thousands of qualified and

reliable freelancers who can assist you. 

In most cases, you can learn just about anything from setting up a blog

To automating delivery of a product and more, by simply doing a few Google

searches or look on YouTube for tutorials. 

These 2 free resources are lifesavers.  Technical issues can seem

Intimidating, but do not let them scare you off your online marketing path.

 There is not any rush.  Take your time and fix them, or pay someone to do it for

you. 

3.   Learning to drive traffic

Traffic generation is one of those skills that you MUST possess if you

Want to succeed online.  While you could hire agencies to do it for you, if you are a beginner, it’ll be costly. 

It’s better to learn it yourself so that you don’t need to rely on other people.

The key to success with traffic generation will be to focus on a couple of methods.  Not more. 

For example, you may choose to focus on Pinterest advertising and Facebook

ads.  As soon as you decide on the traffic generation method/s, stick to the selected ones before you see results. 

It may take time for you to get the hang of things, but once you master

The fundamentals, you’ll see trickles of traffic … and it’ll snowball into

enormous amounts of visitors. 

The 3 difficulties mentioned above are nothing to be worried about.  Adopt

A proactive approach and take consistent focused action daily and online success

Will necessarily be yours.