How To Make A Quick Buck On The Stock Market

5 Common Online Business Models Simplified 

Most beginners

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

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

Survey Sites, performing microtasks for pennies, etc. are largely a waste of time and energy.  Whereas other methods such as affiliate marketing, arbitrage, product creation, etc. are extremely rewarding. 

Knowing Which business model to choose is crucial to succeeding online.  You don’t wantto spend some time and effort trying to ice skate uphill.  It’s best to go with the 5 recognized online business models below. 

     

  1. Freelancing

If you’re on a limited budget, it’s better to start out 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 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 fantastic job and deliver the work on time or sooner, you can bet you’ll have repeat customers. 

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

companies. 

     

  1. Product creation

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

An internet income.  Once again, you may need skills and expertise.  

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 which you’regood at. 

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

While this description simplifies things a lot, the purpose you need to note is

that creating and launching your own infoproducts or real 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 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 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 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 suppliers 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..  Sites like Custom Cat, Gear Bubble, etc will create the goods with your designs and ship them out.  It’s a very hands-free procedure. 

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

Anywhere from 1k to 4k when you are starting out.  You’ll want to run advertisingand so on. 

This is a VERY 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 in royalties. 

You will also have 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 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 good place to start from.  If none of them

Seem 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’re focused and

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

How To Make A Quick Buck On The Stock Market

Do I Want a Site to Succeed Online? 

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

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

If it seems Too formidable, you could even find a freelancer on a website like Fiverr or Legit to construct a website for you for just $30 to $40.  It really is an easy procedure. 

By watching About 10 to 20 tutorials on YouTube (absolutely free), you’ll have a great idea of how to create posts and pages and so forth.  It really is easier than you think. 

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

     

  • Establishes authority and an Internet presence

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

Like a power in your niche.  Like Jay Conrad Levinson said,”Your websiteis the 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 helpful content.  By sprinkling affiliate links in the content, you will increase your

chances of making passive affiliate commissions. 

You never know who’ll be stumbling on your site and reading your

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

     

  • Reduces your costs

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

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

opportunities will only be accessible to you in the event that you’ve got a website. 

The extra income you create will help to defray the overall costs on your

Company and keep you in the green. 

     

  • Drives traffic and extends reach

 

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

Your Site is not just a hub for your audience to hang out in, but

Will also act as a conduit to funnel them into your list or get them on your

sales pages and heated up enough to buy your products. 

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

     

  • Helps you construct a list

Even if you do video marketing, you can have a link on your video description To a landing page on your site to capture email addresses.  After that you can 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 websites pointing to your

landing page/website so that you build your personal list. 

     

  • Aids with advertising

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

business.  For those who have a YouTube channel, a connected site will make

everything seem more legitimate and assist with your company immensely. 

 

For example, if you run a gardening station where you always put out

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

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

Sell your products. 

By now you will realize that it is not an issue of if you Want a website, But more of when you’re going to build your own site.  Imagine your site to be a piece of virtual real estate that will generate profits and dividends for many 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’ve Got online guests waiting to visit it.  Start on it now and you’ll have a gorgeous site in a couple of weeks.