How Platforms Make Money

        3 Common Difficulties Most Newbie Marketers

Trying to build

An internet business will require you to master new skills and get several moving

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

It can be

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

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

It will

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

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

issues that many beginner marketers face. 

Once you’re

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

1.   Selecting a business model

This is by far the most important decision you will 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 success faster than most of the other people on the internet will

Be to focus on one business model.  Ideally, you should pick one that you could be innately suited for. 

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

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

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

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

If you prefer to build your own company where you are your own boss, you’ll

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

Kindle publishing might 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 are good at.

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

good at. 

2.   Mastering the ‘tech stuff’

Countless 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 just because you can not sort a tech issue out.  Rest assured, there are tens of thousands of qualified and

reliable freelancers who can assist you. 

Typically, you can learn just about anything from setting up a blog

To automating delivery of a product and much more, just by 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 internet marketing path.

 There’s absolutely 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 You Have to 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 far better to learn it yourself so that you do not need to rely on other people.

The secret to succeeding with traffic generation is to concentrate on one or two

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 with the selected ones until 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 is going to snowball into

massive amounts of visitors. 

The 3 difficulties mentioned previously are nothing to be concerned about.  Adopt

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

Will necessarily be yours.

How Platforms Make Money

5 Common Online Business Models Simplified 

Most beginners

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

ways one can earn money online.  Unfortunately, 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 like affiliate marketing, arbitrage, product development, etc. are extremely rewarding. 

Knowing Which business model to choose is crucial to succeeding online.  You don’t need to spend some 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 better to begin with freelancing. The fantastic thing about outsourcing is the fact that it forces you to master a skill thatyou can use to generate 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.. 

Go to 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 deliver similar

services, you’ll have the ability to make money. 

It may take you a while to gain traction, but sooner or later clients

Will hire you, and if you do a good job and deliver the work on time or sooner, you can bet you are going to have repeat customers. 

As you get more popular, you can increase your rates and so forth.  The Money you get 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 construct An internet income.  Once more, you will need skills and experience.  

For example, if you are into fitness or survival or you are 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 things a lot, the purpose you need to note is

that creating and launching your own infoproducts or real 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

Every 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 into 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 with your own branding.  

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

Business model, you are going to create designs which 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 require a budget to begin.  You’re looking at

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

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

product.  There are many 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’re skilful, you’ll have the ability to

generate 6 figures in royalties. 

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

You can 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 also.  It’s

Not all about being a good writer. 

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

Look like your cup of tea, you might research other business models such as

domaining, arbitrage, etc.. 

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

Consistent, you will reap the benefits and have an online business you can be proud of.