How To Make Money By Writing Articles Online

5 Common Internet Business Models Simplified 

Most beginners

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

ways one can earn money online.  Unfortunately, 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 such as affiliate marketing, arbitrage, product creation, etc. are very lucrative. 

Knowing Which business model to choose is crucial 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 proven online 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 thatyou can use to create an income online. 

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

production, 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 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 job on time or sooner, you can bet you’ll have repeat customers. 

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

companies. 

     

  1. Merchandise creation

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

For Instance, 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’regood at. 

From there, it is only a matter of marketing to your niche audience.

Although this description simplifies matters a lot, the point you should 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 do not wish to make products and deal with customer support, 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 into 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 providers 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..  Sites 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 advertisements and so on. 

This is a VERY 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 be able to

generate 6 figures in royalties. 

You’ll 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 profits 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 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 are focused and

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