How To Make A Lot Of Extra Money

        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 be the 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 will need to figure out. 

It will

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

master the basics and get your ducks in a row.  Below you will find 3 common

difficulties that many 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 plethora 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 success faster than most of the other people online will

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

be innately suited for. 

For example, if you prefer working for others, freelancing is suitable

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 are good, you’ll be sought after. 

If You Want to build your own business where you are your own boss, you will

Need to check at the skills you have or your natural abilities.  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’

Countless newbies quit on their internet marketing dreams just because

the tech stuff overwhelms them.  The truth is that most 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 simply because you can not sort a tech issue out.  Rest assured, there are tens of thousands of qualified and

dependable 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 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 fix them, or pay someone to do it for

you. 

3.   Learning How to drive traffic

Traffic generation is one of those skills You Have to possess if you

Wish to succeed online.  While 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 need to rely on other people.

The key to success with traffic generation is to concentrate on a couple of methods.  Not more. 

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

ads.  As soon as you choose the traffic generation method/s, stick to the chosen

ones until 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

massive amounts of visitors. 

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

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

Will necessarily be yours.

How To Make A Lot Of Extra Money

5 Common Internet Business Models Simplified 

Most beginners

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

ways one can earn money online.  Unfortunately, all money-making methods 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 extremely lucrative. 

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 best to go with the 5 proven internet business models below. 

     

  1. Freelancing

If you’re on a limited budget, it’s better to begin with freelancing. The good 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 should 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 will have the ability 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 job on time or sooner, you can bet you’ll have repeat customers. 

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

businesses. 

     

  1. Product creation

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

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

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

From there, it is 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 tangible products is among the best ways to create an income online. 

     

  1. Affiliate Advertising

If you don’t 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

Each time you make a sale.  There are thousands of products to market 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 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 with your own branding.  

Another type of ecommerce is called’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 goods with your designs and send them out.  It’s a really hands-free procedure. 

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

Anywhere 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 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 have the ability to

generate 6 figures in royalties. 

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

It’s possible to scale up faster.  The secret to increasing your earnings is to not only write yourself, but to hire 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 good place to start from.  If none of them

Seem 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 are focused and

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