How To Make A Little Extra Money Online

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will require 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 really know.  Every time you learn

something new, there’ll 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 will master the fundamentals and get your ducks in a row.  Below you’ll find 3 common

issues that most beginner marketers face. 

When You’re

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

1.   Choosing a business model

This is by far the most important decision you will need to make.  There is

A myriad of methods when it comes to earning money online.  There’s freelancing,

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

more. 

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

Be to focus on one business model.  Ideally, you should select one that you may

be innately suited for. 

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

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

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

freelancers.  If you are 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 have or your natural talents.  If you write well,

Kindle publishing may 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 secret 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, once 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’t

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

dependable freelancers who can help you. 

Typically, 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 tools are lifesavers.  Technical issues can seem

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

 There is not any rush.  Take your time and resolve them, or pay someone to do it for

you. 

3.   Learning How to drive traffic

Traffic generation is one of those abilities that you MUST possess if you

Wish 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 you do not need to rely on others.

The key 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.  Once you decide on the traffic generation method/s, stick with the selected ones before you see results. 

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

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

enormous amounts of traffic. 

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

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

Will necessarily be yours.

How To Make A Little Extra Money Online

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 methods are NOT made equivalent. 

Survey Websites, performing microtasks for pennies, etc., are largely a waste of time and effort.  Whereas other methods like 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 some 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 limited budget, it’s best to begin with freelancing. The good 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 should be related to internet marketing.  For example, Digital graphic design, content creation, search engine optimization, video

production, etc.. 

Visit 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 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 fantastic job and deliver the work on time or sooner, you can bet you’ll 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. Product creation

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

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

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

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

While this description simplifies matters 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 Advertising

If you don’t wish to make products and deal with customer service, that is understandable.  You’ll probably 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 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 type 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..  Sites like Custom Cat, Gear Bubble, etc will create the products

with your designs and ship them out.  It’s a very 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 will need to run advertisingand 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 are 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 hire 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 fantastic place to start from.  If none of them

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

domaining, arbitrage, etc.. 

If you choose a legitimate business model and you are focused and

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

How To Make A Little Extra Money Online

4 Crucial Skills You Will Require to Succeed Online 

 

It’s common

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

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

Invariably,

You’ll see people mention copywriting or paid advertisements or advertising… and other such

skills.  While those are important skills, there are 4 inherent skills that you absolutely MUST have before the rest will work for you. 

If you’re a

Beginner to internet marketing, it is even more important that you have these

skills.  Below you will 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 . 

They get so

Busy focusing on marketing-related skills which the neglect the 4 basics below.   Know about these skills and hone them to your benefit.3

     

  1. Learning the ropes

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

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

discover the nuances and methods involved. 

It’s great to have a broad idea of what’s required.  For example, if you’ve Decided to attempt ecommerce and you’re going with dropshipping, you will need to

understand how to: build a shop, choose products that will sell well, source for suppliers, ensure product delivery with your branding, provide customer

support, process refunds, etc.. 

You will need to know every area of the business model.  This may seem Intimidating, but you don’t need to learn it all at once.  The best way to do it will be to learn in stages. 

Which brings us to another point…

     

  1. Applying the techniques taught

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

Have no products to sell.  You must APPLY the knowledge you’ve 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 faith and courage, but that is just how it is. 

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

Your store, and then it’s a matter of advertising and fulfilment and so forth. 

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

Then do a little… then find out a little more and do somewhat more.  You’ll 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 repeating

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

In fact, for 10 goods you attempt, just 1 might be a winner.  This is normal.  As you get better, you’ll develop 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 purchase will be

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

That should not stop you from trying over and over.  The more you produce, The more winners you’ll have.  Study your mistakes and failures and analyzewhat went wrong.  From there, it is just a matter of making changes and tweaks to improve your performance. 

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

     

  1. Scaling up

The last skill assumes that you’ve already built a successful online

Business that making decent profits.  But 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 Several tasks, automate processes, and sell more products either by upselling or cross-selling. 

You Might Need to increase your marketing budget or employ a team of writers, etc.. 

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

You’ll need to understand how to scale up.  Once you master this skill, the sky is the limit for your company. 

Pay attention to those 4 crucial skills and master them.  You do not need to Do everything at once, but you will certainly need master them all to reach online Success in the long run.  Get started today.