How To Make Extra Money From Your Home

        3 Common Difficulties Most Newbie Marketers

Trying to build

An internet business will ask 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.  Each time you learn

something new, there’ll be something else that you will need to figure out. 

It will

Almost appear to be a never-ending procedure… but rest assured, that with time you will master the fundamentals and get your ducks in a row.  Below you’ll find 3 common

difficulties that many beginner marketers face. 

Once 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’ll need to make.  There is

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

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

more. 

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

Be to focus on one business model.  Ideally, you should select one that you could be innately suited for. 

For Instance, 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’re good, you will be sought after. 

If You Want to build your own business where you’re your own boss, you’ll

Need to check at the skills you have or your natural abilities.  If you write well,

Kindle publishing might 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 key to unlocking your success online.  Do what you’re naturally

good at. 

2.   Mastering the ‘tech stuff’

Thousands of newbies quit on their online marketing dreams just because

the tech stuff overwhelms them.  The reality 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 just because you can not sort a tech issue out.  Rest assured, there are thousands of qualified and

reliable 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 do not let them scare you off your online marketing path.

 There is no 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.  As you could hire agencies to do it for you, if you’re

a beginner, it’ll be costly. 

It’s better to learn it yourself so that you don’t need to rely on others.

The secret to success with traffic generation will be to concentrate on a couple of methods.  Not more. 

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

ads.  As soon as you decide on the traffic generation method/s, stick with the chosen

ones before you see results. 

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

The fundamentals, you’ll see trickles of traffic … and it is going to snowball into

enormous amounts of visitors. 

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

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

Will inevitably be yours.

How To Make Extra Money From Your Home

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.  Regrettably, all money-making methods 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 very rewarding. 

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

     

  1. Freelancing

If you’re on a tight budget, it’s best to start out with freelancing. The good thing about freelancing is that it forces you to master a skill thatyou 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.. 

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 deliver 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 job 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

businesses. 

     

  1. Product creation

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

For example, if you are into fitness or survival or you are 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.

While this description simplifies matters a lot, the purpose you should note is

that creating and launching your own infoproducts or tangible products is among the best ways to make an income online. 

     

  1. Affiliate Advertising

If you do not 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 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 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 with your own branding.  

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

with your designs and ship them out.  It’s a very hands-free process. 

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

Anywhere from 1k to 4k when you are starting out.  You’ll need to run advertisements and so on. 

This is a VERY profitable business model when you latch 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 have the ability to

generate 6 figures . 

You will 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 earnings is to not only write yourself, but to employ others to write for you. 

Selling on the Kindle marketplace requires marketing skills too.  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 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.