How To Make Money Online As A High School Student

5 Common Internet Business Models Simplified 

Most beginners

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

ways one can earn money online.  Unfortunately, all money-making methods are NOT made equal. 

Survey Sites, performing microtasks for pennies, etc. are mostly a waste of time and effort.  Whereas other methods like affiliate marketing, arbitrage, product creation, 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 recognized internet business models below. 

     

  1. Freelancing

If you’re on a tight 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 which you 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 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 good job and deliver the job on time or sooner, you can bet you are going to 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 one of the fastest and most lucrative ways to construct 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 only a matter of marketing to your niche audience.

Although this description simplifies things a lot, the point 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 Advertising

If you do not 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

Every 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 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 together with your own branding.  

Another type 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 send them out.  It’s a really hands-free process. 

Ecommerce does demand a budget to begin.  You’re looking at

Anywhere from 1k to 4k when you’re 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 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 are 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

You can scale up faster.  The key to increasing your profits is to not only write yourself, but to hire other people to write for you. 

Selling on the Kindle marketplace requires marketing skills also.  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 like domaining, arbitrage, etc.. 

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

Consistent, you will reap the rewards and have an online business you can be proud of.

How To Make Money Online As A High School Student

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will ask 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 know.  Each time you learn

something new, there’ll 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 will master the fundamentals and get your ducks in a row.  Below you will find 3 common

difficulties that many beginner marketers face. 

When You’re

Aware of what these are, you will know what to do. 

1.   Selecting 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 is freelancing,

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

more. 

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

Be to focus on a single business model.  Ideally, you should select one that you may

be innately suited for. 

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

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

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

freelancers.  If you are good, you will be sought after. 

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

Need to check at the skills you’ve got 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’

Thousands of newbies quit on their online 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

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

dependable freelancers who can assist 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 online marketing path.

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

you. 

3.   Learning How to drive traffic

Traffic generation is one of those abilities that you MUST 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 you don’t need to rely on other people.

The secret to succeeding 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.  Once you choose the traffic generation method/s, stick with the selected ones before 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 … and it’ll 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 Online As A High School Student

What Do You REALLY Need to Create a Successful Online Business? 

Building an Online business can seem like a complicated and arduous procedure.  There are several moving parts and you will need to get them all in working and runningsmoothly to begin generating profits. 

While there Is some truth to the scenario mentioned above, the reality is that to create a successful online business requires only 5 components.  

The ‘make Money online’ scene is replete with courses and programs and’techspeak’ which only confuses and discombobulates most beginners.  This’sound’ drowns out the fundamental concepts of online marketing. 

In truth, The 5 elements below are all you really need. 

     

  1. An informative and engaging blog

Having a website is Essential.  It doesn’t matter whether you are doing Kindle Publishing or affiliate advertising using social media sites, you absolutely MUST have a blog/website. 

This will enable you to build your list and a relationship with your

audience.  The issue with relying on social networking accounts such as Facebook or YouTube is that you’ll be subject to their rules and they can throw you out at any time without warning. 

Thousands of people have lost their accounts and noticed their businesses|companies} dry Up overnight because they put all their eggs in one basket… and it was someone else’s basket. 

Build your own site that you could call your own.  This is crucial.

     

  1. Products you can sell or market

To make money on the internet, you have to sell something.  If you’re an affiliate Marketer, you’ll be promoting other people’s products — and once again, something needs to be sold that you make a commission. 

However you look at it, you’re selling.  As obvious as this may

Noise, so many novice marketers never seem to wrap their head around.  They are so busy purchasing products and consuming information that they don’t realize they are NOT selling anything. 

You’ll not make a cent if you don’t sell.

     

  1. Traffic

Traffic is the lifeblood of any online business.  Contrary to popular

Belief, a gorgeous website and decent content alone are no guarantees.  You’ll have to actively generate traffic to your site. 

You can either use paid visitors (faster but more difficult/expensive to

Master) or free traffic which basically is either search engine optimization or

siphoning off traffic from more popular sites. 

You may do a mixture of both or concentrate on just one method.  Either way, you MUST make traffic generation a daily endeavor.  Do something each and every day which will contribute to generating traffic to your web properties. 

     

  1. A budget

People often scoff at estimates such as”It takes money to make money”… and

They use quotations such as”You do not lack resources.  You lack resourcefulness.” 

These self-help quotes aside, the truth of the matter is that you

Can’t multiply by zero.  You’ll need money to get a domainname, cover hosting and an autoresponder.  If you’re doing paid advertising, you will need funds for that also. 

While the amount of money needed to build an online business is a

Fraction of what you’d need to build a brick-and-mortar business, the reality is that it helps to have a few hundred dollars on your budget when you’re starting out. 

Therefore, if you have a day job, do save until you have some funds for your

business.  Don’t be too quick to quit your day job.  Work at your job while

working on your business. 

When You earn enough online to rival your monthly salary at your day Job, you can decide if you wish to quit and go full-time. 

     

  1. A responsive email list

The last and most important component is your list.  There is no denying The efficiency of a responsive list.  A list of buyers (people who’ve bought from you before) is invaluable. 

Subscribe to a reliable autoresponder service such as Aweber,

GetResponse, ConvertKit, etc. and build your list. 

These are the 5 fundamental factors that will decide if your online

Company takes off or fails.  Do give them the attention they need and your Company will soar in record time.