How To Make Money Fast Legally In Canada

5 Common Online 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 Sites, 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 crucial to succeeding online.  You don’t need to spend time and effort trying to ice skate uphill.  It’s best to go with the 5 proven internet 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 generate 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.. 

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

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

businesses. 

     

  1. Merchandise creation

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

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

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’regood at. 

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

Although this description simplifies things a lot, the purpose you should note is

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

of the best ways to create an income online. 

     

  1. Affiliate Advertising

If you don’t 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

Each time you make a purchase.  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 seen 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 are going to create designs which 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 demand a budget to get started.  You’re looking at

Everywhere from 1k to 4k when you are starting out.  You’ll need 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 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 have the ability to

generate 6 figures . 

You’ll also need 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 other people 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 fantastic 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 rewards and have an online business you can be proud of.

How To Make Money Fast Legally In Canada

Do I Want a Site to Succeed Online? 

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

The answer To this is simple — it seems intimidating to build a blog or site.  Newbies squirm at the thought of the’technician’ involved.  In reality, with WordPress and all the plugins available, building a website is a breeze these days. 

If it seems Too formidable, you may even find a freelancer on a website like Fiverr or Legit to build a website for you for only $30 to $40.  It really is a simple procedure. 

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

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

     

  • Establishes authority and an online 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 site is your 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 improve 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 the time. 

     

  • Reduces your costs

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

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

opportunities will only be available to you in the event that you have a website. 

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

Business and keep you in the green. 

     

  • Drives traffic and extends reach

 

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

Your website 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 warmed up enough to purchase your products. 

A site is available to people all around 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 advertisements, you can have a link on your video description To a landing page on your blog to capture email addresses.  You can then market to your list later on. 

The same applies to Pinterest, Instagram, etc..  Never build a home on

rented land.  You should always have links from other sites pointing to your

landing page/website so you build your personal list. 

     

  • Aids with marketing

Another point to note is that a site lends credibility to your

business.  If you have a YouTube channel, a connected website will make

everything look 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 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 Will Need a website to

Sell your own 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 website to be a piece of virtual property that will generate profits and gains 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 have online guests waiting to visit it.  Start on it today and you’ll have a beautiful site in a few weeks.