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.  Unfortunately, all money-making approaches are NOT made equivalent. 

Survey Websites, performing microtasks for pennies, etc., are largely 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 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 proven online business models below. 

 

1. Freelancing

If you are on a tight budget, it’s better to start out with freelancing. The good 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 should be related to online marketing.  For Instance, 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 customers Will hire you, and if you do a good 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 fund your other online

companies. 

 

1. Product creation

Item creation is among the fastest and most lucrative ways to construct An online income.  Once again, you may need skills and expertise.  

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

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

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

that creating and launching your own infoproducts or real 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 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 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 with your own branding.  

Another sort of ecommerce is called’Print On Demand’.  In this

Business model, you are going to 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 ship them out.  It’s a very hands-free procedure. 

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

Everywhere from 1k to 4k when you are starting out.  You will want to run advertisingand so on. 

This is a Really 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’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

You can scale up faster.  The secret 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 about being a good writer. 

These 5 business models are a good 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 choose 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.

        3 Common Difficulties Most Newbie Marketers

Trying to build

An internet business will require 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.  Every time you learn

something new, there’ll 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

issues that many beginner marketers face. 

Once you’re

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

1.   Choosing a business model

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

A plethora 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 on the internet will

Be to focus on a single business model.  Ideally, you should pick one which you could be innately suited to. 

For example, 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’re good, you will be sought after. 

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

Need to check 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’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, 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 internet 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. 

Typically, 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 don’t let them scare you off your online marketing path.

 There’s absolutely no 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 abilities You Have to possess if you

Want to succeed online.  As you could hire agencies to do it for you, if you are a beginner, it’ll be costly. 

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

The secret to succeeding with traffic generation is to focus on one or two

methods.  Not more. 

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

ads.  As soon as you choose the traffic generation method/s, stick with the selected ones until you see results. 

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

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

massive amounts of visitors. 

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

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

Will inevitably be yours.

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 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 effort.  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 wantto devote some 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 limited budget, it’s better to begin with freelancing. The good thing about freelancing is that it forces you to master a skill thatyou can use to generate an income online. 

Ideally, your skills must be related to online 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 will be able 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 good 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 forth.  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 online income.  Once again, you may need skills and experience.  

For Instance, if you’re 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 just a matter of marketing to your niche audience.

While this description simplifies things a lot, the point you need to note is

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

of the best ways to create an income online. 

 

1. Affiliate Advertising

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

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 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 suppliers together with your own branding.  

Another type 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..  Websites like Custom Cat, Gear Bubble, etc will create the products

with your designs and send them out.  It’s a very hands-free procedure. 

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

Anywhere from 1k to 4k when you’re starting out.  You will want to run advertisingand so on. 

This is a Really 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

It’s possible to scale up faster.  The key 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 too.  It’s

Not 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 like domaining, arbitrage, etc.. 

If you Pick a legitimate business model and you’re focused and

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