How To Make Money At 14 Online

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.  Unfortunately, all money-making methods are NOT made equivalent. 

Survey Sites, performing microtasks for pennies, etc., are mostly a waste of time and effort.  Whereas other methods like affiliate marketing, arbitrage, product development, etc. are extremely lucrative. 

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

     

  1. Freelancing

If you are on a tight budget, it’s best to begin with freelancing. The fantastic thing about freelancing is that it forces you to master a skill which you can use to generate an income online. 

Ideally, your skills should be related to online marketing.  For Instance, Digital graphic design, content creation, search engine optimization, video

creation, etc.. 

Visit 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 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 good job and deliver the job on time or sooner, you can bet you’ll have repeat customers. 

As you become 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

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

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

For example, 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 what you are good at. 

From there, it is 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 make an income online. 

     

  1. Affiliate marketing

If you don’t wish to create 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 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 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 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’ll need to run advertisements and 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’re skilful, you’ll be able 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 profits 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 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 Pick 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 Money At 14 Online

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 approaches are NOT made equal. 

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 ideal to go with the 5 recognized online business models below. 

     

  1. Freelancing

If you’re on a tight budget, it’s best to begin with freelancing. The fantastic 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 online marketing.  For Instance, Digital graphic design, content creation, search engine optimization, video

creation, 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 provide similar

services, you will be able 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 forth.  The Money you get from freelancing can be used to finance your other online

companies. 

     

  1. Merchandise creation

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

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

For example, if you are into fitness or survival or you’re really good at Building niche sites, you can 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.

Although this description simplifies things a lot, the purpose 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 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 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 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 providers with your own branding.  

Another sort 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..  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 demand a budget to get started.  You’re looking at

Everywhere from 1k to 4k when you are starting out.  You will want to run advertisingand so forth. 

This is a VERY profitable business model when you latch on to a winning

product.  There are many marketers making 6-figure sums 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 be able 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 hire other people 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

Look like your cup of tea, you may research other business models like domaining, arbitrage, etc.. 

If you Pick a legitimate business model and you’re focused and

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

How To Make Money At 14 Online

4 Crucial Skills You Will Require to Succeed Online 

 

It’s common

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

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

Invariably,

You’ll see people cite copywriting or paid advertisements or branding… and other similar 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 possess these

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

They get so

Busy focusing on marketing-related skills that the fail that the 4 basics below.   Know about these skills and hone them to your advantage.3

     

  1. Learning the ropes

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

Choose one business model and examine it well.  Go deep 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’ll need to

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

service, process refunds, etc.. 

You’ll need to know every part of the business model.  This may seem Intimidating, but you do not need to learn it all at once.  The best way to go about it’s going to be to learn in phases. 

Which brings us to another point…

     

  1. Applying the techniques taught

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

Have no products to sell.  You have to APPLY the knowledge you have learned… and you should do it as soon as possible. 

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

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

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

Your store, and after that it’s an issue of promotion and fulfilment and so on. 

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

Then do a bit… then learn a bit more and do somewhat more.  You will learn by doing. 

If you try and finish all the theory before you start, you’ll 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 replicating

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

In actuality, for 10 products you try, only 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 most 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 you launch will be a winner. 

That shouldn’t stop you from trying over and over.  The more you create, The more winners you will ever have.  Study your failures and mistakes and examine what 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 final skill assumes that you’ve already built a successful online

Business that making decent profits.  However, to go from 4 figures a month to 5 or 6 figures will require you to scale up. 

This is a skill on its own.  You Will Need to manage your budget, outsource Several tasks, automate processes, and sell more products either by upselling or cross-selling. 

You may need to increase your advertising budget or employ a team of writers, etc.. 

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

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

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