How To Make Money On Online Business

Do I Need a Site to Succeed Online? 

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

The answer To this is simple — it sounds intimidating to construct a blog or site.  Newbies squirm at the notion of all the’tech’ involved.  In reality, with WordPress and all the plugins available, building a web site is a breeze these days. 

If it seems Too formidable, you could 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 great idea of how to make pages and posts and so forth.  It really is easier than you think. 

Now let’s Look at why a site is essential to succeed online.  Could you succeed without one?  Yes, you could… BUT it will be more difficult and will take you longer.  Your odds of success would be thinner too. 

     

  • Establishes authority and an Internet presence

Having a website gives you a 24/7 presence online and makes you seem

Like an authority in your niche.  Like Jay Conrad Levinson said,”Your websiteis the window of your business.  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

odds of making passive affiliate commissions. 

You never know who’ll be stumbling on your Website and reading your

Content and curiously clicking on the links.  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 as well.  These different income generating

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

The extra income you create will help to defray the overall costs in your

Company 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 media properties can be contributed to your sales pages, landing pages, etc.. 

Your Site is not just a hub for your audience to hang out in, but

Will also act as a conduit to funnel them in to your listing or get them on your

sales pages and warmed up enough to buy your products. 

A website is available to people all over the world.  The same can not be Said for videos or social networking sites which might be blocked in some countries.  You have a much wider reach. 

     

  • Helps you build a list

Even if you do video marketing, you can have a link in your video description To a landing page on your blog to capture email addresses.  After that you can market to your list later on. 

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

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

landing page/website so you build your own list. 

     

  • Aids with marketing

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

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

everything seem more legitimate and help with your business immensely. 

 

For example, if you run a gardening channel where you always put out

Videos on gardening tips and you have thousands of followers — by having a gardening site, you’ll have the ability to sell books on growing beautiful roses or vegetable gardening hints. 

This is just an example, but you get the point.  You need a website to

Sell your own products. 

By now you will realize that it is not an issue of if you need a website, But more of when you’re going to build your own site.  Imagine your site to be a piece of virtual real estate which will generate profits and dividends for years to come. 

Does that sound exciting?  You bet it is.  So, cast your fears aside and

Go ahead and build your online property.  You’ve Got online guests waiting to visit it.  Start on it now and you’ll have a beautiful site in a couple of weeks.

How To Make Money On Online Business

        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 be the a well-oiled machine. 

It can be

Intimidating when you find how little you really know.  Each time you learn

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

It will

Almost seem like a never-ending process… but rest assured, that with time you will master the basics and get your ducks in a row.  Below you’ll find 3 common

difficulties that most beginner marketers face. 

Once you’re

Aware of what these are, you’ll know what to do. 

1.   Choosing a business model

This is undoubtedly the most important decision you’ll need to make.  There is

A plethora of methods when it comes to earning money online.  There is 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 a single business model.  Ideally, you should pick one that you may

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 that make 5 to 6 figure sums working as

freelancers.  If you are good, you’ll be sought after. 

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

Need to look 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 are good at.

 This is the secret to unlocking your success online.  Do what you are naturally

good at. 

2.   Mastering the ‘tech stuff’

Countless newbies quit on their internet marketing dreams just because

the tech stuff overwhelms them.  The reality is that most of the technical details

are easy, once 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’t

sort a tech issue out.  Rest assured, there are tens of thousands of qualified and

dependable freelancers who can help you. 

In most cases, 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 internet marketing path.

 There’s absolutely not any 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

Want to succeed online.  As you could hire agencies to do it for you, if you’re

a beginner, it’ll be costly. 

It’s far better to learn it yourself so that you don’t have to rely on other people.

The key to success with traffic generation will be to concentrate on one or two

methods.  Not more. 

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

ads.  Once you choose the traffic generation method/s, stick with the chosen

ones until you see results. 

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

The basics, you will see trickles of traffic initially… and it’ll snowball into

massive amounts of traffic. 

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

A proactive approach and take consistent concentrated action daily and online success

Will inevitably be yours.

How To Make Money On Online Business

5 Common Online Business Models Simplified 

Most beginners

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

ways one can make money online.  Unfortunately, all money-making methods 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 development, etc. are extremely lucrative. 

Knowing Which business model to choose is imperative to succeeding online.  You don’t need to spend some 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 tight budget, it’s better to begin with freelancing. The good thing about freelancing is 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 fantastic job and deliver the job on time or earlier, you can bet you are going to 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 finance your other online

businesses. 

     

  1. Product creation

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

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

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

From there, it’s only 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 one

of the best ways to make an income online. 

     

  1. Affiliate marketing

If you do not 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

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 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 with your own branding.  

Another sort of ecommerce is known as’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 products

with your designs and send them out.  It’s a really hands-free process. 

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

Anywhere from 1k to 4k when you’re starting out.  You will want to run advertisements and so forth. 

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 are 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 key to increasing your profits is to not only write yourself, but to employ others to write for you. 

Selling on the Kindle market 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 might research other business models such as

domaining, arbitrage, etc.. 

If you choose a legitimate business model and you are focused and

Consistent, you will reap the benefits and have an internet business you can be proud of.