How To Get Free Money Online

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 Sites, 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 very rewarding. 

Knowing Which business model to choose is imperative 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 online 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 create an income online. 

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

production, 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 provide similar

services, you will 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 fantastic 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 earn from freelancing can be used to fund your other online

businesses. 

     

  1. Product creation

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

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

From there, it is just 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 don’t wish to make 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

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 suppliers together with your own branding.  

Another sort 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..  Sites like Custom Cat, Gear Bubble, etc will create the products

with your designs and ship them out.  It’s a really hands-free procedure. 

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

Everywhere from 1k to 4k when you’re starting out.  You’ll need to run advertisements and so forth. 

This is a VERY profitable business model when you move 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’re 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 hire others 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 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 choose a legitimate business model and you’re focused and

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

How To Get Free Money Online

Do I Want a Website to Succeed Online? 

This is a Very common question and can be asked by tens of thousands of beginners who are trying to construct a business online.  Before answering this question, it’s important to knowwhy it’s being asked. 

The answer To this is easy — it seems intimidating to build a blog or site.  Newbies squirm at the thought of all the’tech’ involved.  In fact, with WordPress and all the plugins available, building a web site is a breeze nowadays. 

If it seems Too formidable, you may even find a freelancer on a website like Fiverr or Legit to construct a site for you for just $30 to $40.  It really is a simple process. 

By watching About 10 to 20 tutorials on YouTube (absolutely free), you’ll have a good idea of how to make pages and posts and so on.  It really is simpler than you believe. 

Now let’s Look at why a website is essential to succeed online.  Could you succeed without one?  Yes, you can… BUT it will be much more challenging and will take you longer.  Your chances of success would be slimmer too. 

     

  • Establishes authority and an online presence

Having a website gives you a 24/7 presence online and makes you seem

Like an authority in your niche.  Like Jay Conrad Levinson said,”Your websiteis your window of your enterprise.  Keep it fresh, keep it exciting.” 

     

  • Opportunities for passive income

When you have a website, you can populate it with informative and useful

content.  By sprinkling affiliate links in the content, you will improve your

odds of making passive affiliate commissions. 

You never know who will be stumbling on your Website and reading your

Content and curiously clicking on the hyperlinks.  However, it happens all of the time. 

     

  • Reduces your costs

Having a website will help mitigate your business costs.  If your blog is

Popular, you can have ads on it too.  These different income generating

opportunities will only be accessible to you if you’ve got a website. 

The extra income you make will help to defray the overall costs in your

Business and keep you in the green. 

     

  • Drives traffic and extends reach

 

A site can also be a form of traffic generation.  People who find your website Through the search engine or social media properties can be led to your sales pages, landing pages, etc.. 

Your website is not just a hub for your viewers to hang out in, but

Will also act as a conduit to funnel them in to your listing or get them on your

sales pages and heated up enough to purchase your products. 

A site is available to people all over the world.  The same can’t be Said for videos or social networking sites which may be blocked in some countries.  You have a much wider reach. 

     

  • Helps you construct a list

Even if you do video advertisements, you can have a link in your video description To a landing page on your site to capture email addresses.  You can then market to your list later on. 

The same applies to Pinterest, Instagram, etc..  Never build a house on

rented land.  You should always have links from other sites pointing to your

landing page/website so you build your own list. 

     

  • Aids with marketing

Another point to note is that a website lends credibility to your

business.  If you have a YouTube channel, a connected site will make

everything look more legitimate and help with your company immensely. 

 

For example, if you run a gardening channel where you constantly put out

Videos on gardening hints and you have tens of thousands of followers by having a gardening website, you’ll have the ability to sell books on growing beautiful roses or vegetable gardening hints. 

This is just an example, but you get the point.  You Will Need a website to

Sell your own products. 

By now you’ll realize that it’s not an issue of if you need a website, But more of when you are going to build your own website.  Imagine your website to be a piece of virtual property which will generate profits and dividends for years to come. 

Does that sound exciting?  You bet it is.  So, cast your fears aside and

Go right ahead and build your online property.  You have online guests waiting to visit it.  Start on it today and you will have a beautiful site in a couple of weeks.