How To Make Money Online In Africa

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

Building an Online business can seem like a convoluted and arduous process.  There are somany moving parts and you will need to get them all in working and runningsmoothly to start generating profits. 

While there Is some truth to the situation 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 newcomers.  This’sound’ drowns out the fundamental concepts of internet marketing. 

In truth, The 5 components below are all you actually need. 

     

  1. An informative and engaging blog

Having a website is a MUST.  It doesn’t matter whether you are doing Kindle Publishing or affiliate advertising using social networking 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 media accounts like Facebook or YouTube is that you’re going to be subject to their rules and they can throw you out at any time without warning. 

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

Build your own site which you could call your own.  This is vital.

     

  1. Products you can sell or promote

To make money online, you have to sell something.  If you’re an affiliate Marketer, you will be promoting other people’s goods — and once again, something has to be sold for you to make a commission. 

No matter how you look at it, you are selling.  As obvious as this may

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

You will 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 good content alone are no guarantees.  You’ll have to actively create traffic to your website. 

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 mix of both or focus on just one method.  Either way, you MUST make traffic generation a daily endeavor.  Do something each and every day thatwill contribute to creating traffic to your web properties. 

     

  1. A budget

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

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

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

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

While the amount of money needed to build an Internet Business is a

Fraction of what you would need to build a brick-and-mortar company, the reality is that it helps to have a couple hundred dollars in your budget when you’re starting out. 

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

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

working on your business. 

When You earn enough online to rival your monthly salary in 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’s no denying The efficacy of a responsive list.  A list of buyers (those who’ve purchasedfrom you before) is invaluable. 

Subscribe to a reliable autoresponder service such as Aweber,

GetResponse, ConvertKit, etc. and build your list. 

These are the 5 basic factors which will decide if your online

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

How To Make Money Online In Africa

5 Common Internet 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 approaches are NOT made equivalent. 

Survey Sites, performing microtasks for pennies, etc. are mostly a waste of time and energy.  Whereas other methods like affiliate marketing, arbitrage, product creation, etc. are extremely rewarding. 

Knowing Which business model to choose is imperative 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 are on a tight budget, it’s best to start out with freelancing. The good thing about outsourcing is the fact that it forces you to master a skill thatyou 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.. 

Go to freelance websites like Fiverr, Upwork, Legiit, etc. to get an idea

of what the popular gigs are.  So long as you have the skills to provide similar

services, you’ll 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 work on time or sooner, you can bet you’ll have repeat customers. 

As you become 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 may need skills and expertise.  

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

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

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

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

of the best ways to make an income online. 

     

  1. Affiliate Advertising

If you don’t wish to make 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

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 into sales and commissions for you. 

     

  1. Ecommerce

Ecommerce has witnessed 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 suppliers together with your own branding.  

Another type of ecommerce is known as’Print On Demand’.  In this

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

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

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

This is a VERY profitable business model when you latch 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 have the ability to

generate 6 figures . 

You will also have to know how to outsource some of your writing so that

It’s possible to scale up faster.  The secret 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 are focused and

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