How Can I Make Some Quick Money

5 Common Internet 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 equivalent. 

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

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

     

  1. Freelancing

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

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

production, etc.. 

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

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

services, you’ll 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 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 on.  The Money you earn from freelancing can be used to fund your other online

businesses. 

     

  1. Merchandise creation

Product creation is one of the fastest and most lucrative ways to build

An online income.  Once again, you may need skills and expertise.  

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

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

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

that creating and launching your own infoproducts or tangible products is among the best ways to create an income online. 

     

  1. Affiliate marketing

If you do not wish to create products and deal with customer support, that is understandable.  You’ll likely 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

Each time you make a sale.  There are thousands of products to promote 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 witnessed 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 providers together with your own branding.  

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

Business model, you’ll create designs that will be printed on hats, mugs, shirts, etc..  Websites like Custom Cat, Gear Bubble, etc will create the products

with your designs and send them out.  It’s a very hands-free process. 

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

Everywhere from 1k to 4k when you’re starting out.  You will want to run advertisingand so forth. 

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

product.  There are several 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 be able to

generate 6 figures in royalties. 

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

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

Selling on the Kindle marketplace requires marketing skills also.  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 might research other business models like domaining, arbitrage, etc.. 

If you Pick a legitimate business model and you’re focused and

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

How Can I Make Some Quick Money

        3 Common Difficulties Most Newbie Marketers

Trying to build

An internet 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 discover how little you know.  Each 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 process… but rest assured, that with time you will master the basics and get your ducks in a row.  Below you will find 3 common

difficulties that many beginner marketers face. 

When You’re

Aware of what these are, you’ll know what to do. 

1.   Selecting a business model

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

A plethora of methods when it comes to earning money online.  There is freelancing,

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

more. 

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

Be to focus on one business model.  Ideally, you should select one which you could be innately suited to. 

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

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

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

freelancers.  If you’re good, you will be sought after. 

If you prefer to build your own company where you’re your own boss, you will

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

Kindle publishing might be calling your name. 

If you enjoy teaching others, you can create courses 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’re naturally

good at. 

2.   Mastering the ‘tech stuff’

Thousands of newbies quit on their online marketing dreams just because

the tech stuff overwhelms them.  The reality 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 online business simply because you can’t

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

dependable 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 much 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 resolve 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’re

a beginner, it will be costly. 

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

The key to succeeding with traffic generation is to focus on a couple of methods.  Not more. 

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

ads.  Once you decide on the traffic generation method/s, stick with the chosen

ones until you see results. 

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

The basics, you will see trickles of traffic initially… and it’ll snowball into

massive amounts of visitors. 

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

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

Will necessarily be yours.