How To Make Money As A Highschooler

5 Common Internet 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.  Unfortunately, all money-making approaches are NOT made equivalent. 

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

Knowing Which business model to choose is imperative 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 recognized internet business models below. 

     

  1. Freelancing

If you are on a limited budget, it’s best 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 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 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 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 good 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 increase your rates and so on.  The Money you earn from freelancing can be used to finance your other online

businesses. 

     

  1. Product creation

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

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

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

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

Although this description simplifies matters a lot, the purpose you need to note is

that creating and launching your own infoproducts or tangible products is one

of the best ways to make an income online. 

     

  1. Affiliate marketing

If you do not 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

Every 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 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 called’Print On Demand’.  In this

Business model, you’ll create designs that will be printed on hats, mugs, shirts, etc..  Websites like Custom Cat, Gear Bubble, etc will create the goods with your designs and ship them out.  It’s a really hands-free procedure. 

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

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

This is a Really 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 have the ability to

generate 6 figures . 

You’ll also have to know how to outsource some of your writing so that

You can scale up faster.  The secret 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 too.  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 may research other business models such as

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 Make Money As A Highschooler

4 Crucial Skills You Will Need to Succeed Online 

 

It’s common

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

most common questions posed is,”What skills do you have to succeed online?” 

Invariably,

You’ll see people cite copywriting or paid ads or advertising… and other such

skills.  While those are important skills, there are 4 underlying abilities that you absolutely MUST have before the remainder will work for you. 

If you’re a

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

abilities.  Below you’ll see 4 crucial skills you’ll need.  It may seem obvious to you, but you’ll be amazed at how most people drop the ball . 

They get so

Busy focusing on marketing-related skills that the fail the 4 basics below.   Be aware of these skills and hone them to your benefit.3

     

  1. Learning the ropes

To succeed online, you MUST be a fantastic student.  This is the first Skill you must develop. 

Choose 1 business model and study it well.  Go deep into it and

discover the nuances and methods involved. 

It’s good 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

know how to: build a store, select 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 part of the business model.  This may seem Intimidating, but you don’t need to learn everything at once.  The best way to do it’s going to be to learn in phases. 

Which brings us to the next 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 put on the knowledge you have learned… and you should do it as soon as possible. 

Building an online business is about taking steps even when you can’t

See the entire staircase.  This will require faith and courage, but that’s just how it is. 

Once you build your shop out, you can start finding products to populate

Your store, and then it’s a matter of promotion and fulfilment and so on. 

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

Then do a bit… 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 may never start.  Application of knowledge is the second skill. 

     

  1. Iterating your way to success

Iteration is another word for copying… but in this case, we repeating

The process to acquire a collection of outcomes.  Here is the hard truth — not every product you try to market will triumph. 

In fact, for 10 products 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’ll have duds. 

The same applies to many other online businesses.  This is a numbers

game.  Not every book you write will sell well.  Not every domain you buy will be

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

That should not stop you from trying over and over.  The more you produce, The more winners you will ever have.  Study your mistakes and failures and examine what went wrong.  From there, it’s just a matter of making changes and tweaks to enhance your performance. 

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

     

  1. Scaling up

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

Company 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’ll need to manage your budget, outsource Many tasks, automate processes, and sell more goods 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 will need to learn how to scale up.  As soon as you master this skill, the sky is the limit for your business. 

Take note of those 4 crucial skills and master them.  You do not need to Do everything at once, but you will definitely need master them all to achieve online Success in the long term.  Get started today.