How To Get Free Money Now

5 Common Internet 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.  Unfortunately, all money-making approaches are NOT made equal. 

Survey Websites, performing microtasks for pennies, etc. are mostly a waste of time and effort.  Whereas other methods like affiliate marketing, arbitrage, product development, etc. are extremely lucrative. 

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 start out with freelancing. The fantastic thing about outsourcing is the fact that it forces you to master a skill which you 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.. 

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

of what the popular gigs are.  As long as you have the skills to provide 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 work on time or sooner, you can bet you are going to have repeat customers. 

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

companies. 

     

  1. Merchandise creation

Product creation is among the fastest and most lucrative ways to build

An internet income.  Once more, you may need skills and experience.  

For Instance, 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 are good at. 

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

While this description simplifies things a lot, the point you need to 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 marketing

If you don’t wish to make 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 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 into 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 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 that will be printed on hats, mugs, shirts, etc..  Sites like Custom Cat, Gear Bubble, etc will create the goods with your designs and ship them out.  It’s a very hands-free process. 

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

Everywhere from 1k to 4k when you are starting out.  You’ll need 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 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’re skilful, you’ll be able to

generate 6 figures . 

You will also need 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 other people to write for you. 

Selling on the Kindle marketplace requires marketing skills also.  It’s

Not about being a good writer. 

These 5 business models are a fantastic 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 are focused and

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

How To Get Free Money Now

4 Crucial Skills You Will Need to Succeed Online 

 

It’s common

To see people posting questions on social media to boost participation.  Among the

most common questions posed is,”What skills do you need to succeed online?” 

Invariably,

You will see people mention copywriting or paid advertisements or branding… and other similar skills.  While those are important skills, there are 4 inherent skills that you absolutely MUST have before the remainder will work for you. 

If you’re a

Beginner to online marketing, it’s even more important that you possess these

skills.  Below you’ll see 4 crucial skills you will need.  It may seem obvious to you, but you will be amazed at how most people drop the ball here. 

They get so

Busy focusing on marketing-related skills that the fail that the 4 basics below.   Be aware of these skills and hone them to your advantage.3

     

  1. Learning the ropes

To succeed online, you ought to be a good student.  This is the first Skill you must develop. 

Choose one business model and examine it well.  Proceed into it and

discover the nuances and methods involved. 

It’s good to have a broad idea of what is required.  For Instance, if you’ve Decided to try ecommerce and you’re going with dropshipping, you’ll need to

know how to: build a shop, select products that will sell well, source for suppliers, guarantee product delivery with your branding, provide customer

support, process refunds, etc.. 

You’ll need to know every part of the company model.  This may seem Intimidating, but you do not need to learn it all at one time.  The best way to do it’s going to be to learn in stages. 

Which brings us to another point…

     

  1. Applying the techniques taught

When you learn how to build a store, go ahead and build it even if you

Have no products to sell.  You must APPLY the knowledge you have learned… and you should do it as soon as possible. 

Building an online business is all about taking steps even when you can not

See the entire staircase.  This will require courage and faith, but that is just how it is. 

When You build your shop out, you can start finding products to populate

Your store, and then it’s an issue of promotion and fulfilment and so on. 

This principle applies to all online business models.  Learn a bit and

Then do a bit… then find out a little more and do a bit more.  You will learn by doing. 

If you try and finish all the theory before you start, you will be

Overwhelmed and could never start.  Application of knowledge is the second skill. 

     

  1. Iterating your way to success

Iteration is just another word for repetition… but in this case, we replicating

The process to get a series of outcomes.  Here’s the hard truth — not every product you try to sell will succeed. 

In actuality, for 10 goods you attempt, just 1 may be a winner.  This is normal.  As you get better, you’ll create a nose to sniff out winning products, but even then, you will have duds. 

The same applies to many other online companies.  This is a numbers

game.  Not every book you write will sell well.  Not every domain you buy will be

sold for thousands… and not every product you launch will be a winner. 

That should not stop you from trying over and over.  The more you create, The more winners you’ll have.  Look at your failures and mistakes and analyzewhat went wrong.  From there, it’s only a matter of making changes and tweaks to improve your performance. 

Repetition is the mother of skill… and it’s the third one you must master. 

     

  1. Scaling up

The final skill assumes that you have already built a successful online

Company that making adequate profits.  However, to go from 4 figures a month to 5 or 6 figures will ask you to scale up. 

This is a skill by itself.  You Will Need to manage your budget, outsource Many tasks, automate processes, and sell more products either by upselling or cross-selling. 

You may need to increase your marketing budget or employ a team of writers, etc.. 

More profits requires more work.  Since your time and energy is finite,

You will need to learn how to scale up.  As soon as you master this skill, the sky is the limit for your company. 

Take note of those 4 crucial skills and master them.  You don’t need to Do it all at once, but you’ll certainly need master them all to achieve online Success in the long term.  Get started today.