How To Make Money On The Side As A Student

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will require you to master new skills and get several moving

parts in alignment for your business to function like a well-oiled machine. 

It can be

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

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

It will

Almost seem like a never-ending process… but rest assured, that with time you’ll

master the fundamentals and get your ducks in a row.  Below you’ll find 3 common

difficulties that many beginner marketers face. 

When You’re

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

1.   Choosing a business model

This is by far the most important decision you will need to make.  There is

A myriad of methods when it comes to making money online.  There’s freelancing,

arbitrage, product creation, ecommerce, Kindle publishing, domaining and much

more. 

The key to success faster than most of the other people online will

Be to focus on one business model.  Ideally, you should pick one that you could be innately suited for. 

For example, if you prefer working for others, freelancing is appropriate

for you.  There are numerous freelancers such as writers, copywriters, graphic

designers, software designers who make 5 to 6 figure sums working as

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

If you prefer to build your own business where you’re your own boss, you will

Need to look at the skills you’ve got or your natural abilities.  If you write well,

Kindle publishing may 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’re good at.

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

good at. 

2.   Mastering the ‘tech stuff’

Thousands of newbies quit on their internet marketing dreams just because

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

are easy, when 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

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

dependable freelancers who can assist you. 

Typically, you can learn just about anything from setting up a blog

To automating delivery of a product and more, just by doing a few Google

searches or look on YouTube for tutorials. 

These 2 free resources are lifesavers.  Technical issues can seem

Intimidating, but don’t let them scare you off your internet marketing path.

 There’s absolutely not any rush.  Take your time and resolve them, or pay someone to do it for

you. 

3.   Learning to drive traffic

Traffic generation is one of those skills You Have to possess if you

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

a beginner, it’ll be costly. 

It’s better to learn it yourself so that you don’t need to rely on others.

The key to success with traffic generation will be to concentrate on a couple of methods.  Not more. 

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

ads.  As soon as you choose the traffic generation method/s, stick to the chosen

ones before you see results. 

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

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

massive amounts of visitors. 

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

A proactive strategy and take consistent focused action daily and online success

Will inevitably be yours.

How To Make Money On The Side As A Student

5 Common Online Business Models Simplified 

Most beginners

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

ways one can make 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 energy.  Whereas other methods like affiliate marketing, arbitrage, product development, etc. are extremely rewarding. 

Knowing Which business model to choose is imperative to succeeding online.  You don’t wantto devote time and effort trying to ice skate uphill.  It’s best 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 freelancing is 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

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 fantastic job and deliver the job 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 forth.  The Money you get from freelancing can be used to finance your other online

businesses. 

     

  1. Merchandise creation

Product creation is among the fastest and most lucrative ways to construct An internet income.  Once more, you may need skills and experience.  

For example, if you are 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 only a matter of marketing to your niche audience.

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

that creating and launching your own infoproducts or tangible products is among the best ways to make an income online. 

     

  1. Affiliate marketing

If you do not wish to create 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

Each time you make a sale.  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 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’ll create designs which 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 procedure. 

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 forth. 

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 are skilful, you’ll be able to

generate 6 figures in royalties. 

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 marketplace requires marketing skills too.  It’s

Not all 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 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 online business you can be proud of.