How Ro Make Extra Money

        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 business to function like a well-oiled machine. 

It can be

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

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

It will

Almost appear to be a never-ending procedure… but rest assured, that with time you will master the fundamentals and get your ducks in a row.  Below you will find 3 common

difficulties that many beginner marketers face. 

Once you’re

Aware of what these are, you’ll 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 making money online.  There is freelancing,

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

more. 

The key to succeeding 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 example, if you prefer working for others, freelancing is appropriate

for you.  There are many 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 Want to build your own company where you are your own boss, you will

Need to check at the skills you have or your natural talents.  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 are naturally

good at. 

2.   Mastering the ‘tech stuff’

Thousands of 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 just because you can not form a tech issue out.  Rest assured, there are tens of 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, just by doing a few Google

searches or look on YouTube for tutorials. 

These 2 free tools are lifesavers.  Technical issues can seem

Intimidating, but don’t let them scare you off your internet marketing path.

 There is no 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

Wish to succeed online.  As you could hire agencies to do it for you, if you are a beginner, it will be costly. 

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

The key to succeeding with traffic generation is to focus on one or two

methods.  Not more. 

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

ads.  As soon as 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 fundamentals, you’ll see trickles of traffic initially… and it is going to snowball into

massive amounts of traffic. 

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

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

Will inevitably be yours.

How Ro Make Extra Money

5 Common Online Business Models Simplified 

Most beginners

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

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

Survey Websites, 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 extremely rewarding. 

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

     

  1. Freelancing

If you are on a tight 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 create an income online. 

Ideally, your skills must be related to internet marketing.  For example, 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 provide 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’ll have repeat customers. 

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

companies. 

     

  1. Merchandise creation

Item creation is among 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’re really good at Building niche sites, you could 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 among the best ways to make an income online. 

     

  1. Affiliate marketing

If you do not wish to create products and deal with customer service, 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 purchase.  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 called’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 goods with your designs and send them out.  It’s a really hands-free process. 

Ecommerce does require 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 Really profitable business model when you latch 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

You can 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 too.  It’s

Not about being a good writer. 

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

Look 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 benefits and have an internet business you can be proud of.