How To Make Money Online Legit 2017

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 earn money online.  Regrettably, all money-making methods are NOT made equivalent. 

Survey Sites, 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 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 proven online business models below. 

     

  1. Freelancing

If you are on a tight budget, it’s best to start out with freelancing. The fantastic thing about freelancing is 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.. 

Go to 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 provide similar

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

As you get more popular, you can increase your rates and so on.  The Money you earn 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 may need skills and expertise.  

For example, if you are into fitness or survival or you are really good at Building niche websites, you can 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 marketing

If you don’t wish to create products and deal with customer service, that is understandable.  You’ll likely 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 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 into 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 type 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..  Websites like Custom Cat, Gear Bubble, etc will create the goods with your designs and ship them out.  It’s a really hands-free procedure. 

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

Anywhere from 1k to 4k when you are starting out.  You’ll want to run advertisements and so on. 

This is a Really profitable business model when you move on to a winning

product.  There are several 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’re skilful, you’ll be able to

generate 6 figures in royalties. 

You will also need 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 employ 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 good place to start from.  If none of them

Look like your cup of tea, you may research other business models such as

domaining, arbitrage, etc.. 

If you Pick 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.

How To Make Money Online Legit 2017

4 Crucial Skills You Will Need to Succeed Online 

 

It’s common

To see people posting questions on social media to boost engagement.  Among the

most common questions posed is,”What skills do you need to succeed online?” 

Invariably,

You’ll see people mention copywriting or paid advertisements or advertising… and other similar skills.  While those are important skills, there are 4 inherent skills that you absolutely MUST have before the remainder will work for you. 

If you’re a

Beginner to online marketing, it’s even more important that you have these

skills.  Below you will see 4 crucial skills you will need.  It may seem obvious to you, but you’ll be amazed at how most people drop the ball here. 

They get so

Busy focusing on marketing-related skills which the neglect the four basics below.   Know about these skills and hone them to your advantage.3

     

  1. Learning the ropes

To succeed online, you MUST be a fantastic student.  This is the first Skill you must develop. 

Choose one business model and examine it well.  Go deep into it and

discover the nuances and methods involved. 

It’s great to have a broad idea of what is required.  For example, if you’ve Decided to try ecommerce and you’re going with dropshipping, you will need to

know how to: build a shop, choose products that will sell well, source for suppliers, ensure product delivery with your branding, provide customer

service, process refunds, etc.. 

You will need to know every area of the business model.  This may seem Intimidating, but you do not need to learn it all at once.  The best way to go about it’s going to be to learn in phases. 

Which brings us to another point…

     

  1. Applying the techniques taught

When you learn how to build a store, go ahead and build it even if you

Don’t have any products to sell.  You have to APPLY the knowledge you have learned… and you should do it as soon as possible. 

Building an online business is about taking steps even when you can not

See the entire staircase.  This will require faith and courage, but that is just how it is. 

When You build your shop out, you can start finding products to populate

Your store, and then it’s a matter of advertising and fulfilment and so on. 

This principle applies to all online business models.  Learn a bit and

Then do a little… then find out a bit more and do a bit more.  You’ll learn by doing. 

If you try and finish all the theory before you start, you’ll be

Overwhelmed and may never start.  Application of knowledge is the second skill. 

     

  1. Iterating your way to success

Iteration is another word for repetition… but in this case, we replicating

The process to get a collection of outcomes.  Here is the hard truth — not every product you try to market will succeed. 

In fact, for 10 products you attempt, only 1 may be a winner.  This is normal.  As you get better, you’ll create a nose to sniff out winning products, but even then, you’ll have duds. 

The same applies to many other online businesses.  This is a numbers

game.  Not every book you write will sell well.  Not every domain you purchase will be

sold for thousands… and not every product you launch will be a winner. 

That shouldn’t stop you from trying over and over.  The more you produce, The more winners you’ll ever have.  Study your failures and mistakes and analyzewhat went wrong.  From there, it’s just a matter of making changes and tweaks to improve your performance. 

Repetition is the mother of skill… and it is the third one you must master. 

     

  1. Scaling up

The last skill assumes that you have already built a successful online

Company that making decent profits.  But to go from 4 figures a month to 5 or 6 figures will require you to scale up. 

This is a skill by itself.  You’ll need to manage your budget, outsource Many tasks, automate processes, and sell more goods either by upselling or cross-selling. 

You Might Need to increase your marketing budget or employ a team of writers, etc.. 

More profits requires more work.  Since your time and energy is finite,

You’ll need to understand how to scale up.  Once you master this skill, the sky is the limit for your company. 

Pay attention to these 4 crucial skills and master them.  You don’t need to Do everything at once, but you’ll definitely need master them all to reach online Success in the long term.  Get started today.

How To Make Money Online Legit 2017

        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 company to function like 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 appear to be a never-ending process… but rest assured, that with time you’ll

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

difficulties that most beginner marketers face. 

Once you’re

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

1.   Selecting 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 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 which you could be innately suited for. 

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

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 are good, you will be sought after. 

If you prefer to build your own company where you are your own boss, you will

Need to check at the skills you’ve got or your natural talents.  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 key 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 truth 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 online business just because you can’t

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

reliable 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, 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 online marketing path.

 There’s absolutely no 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 abilities that you MUST possess if you

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

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

The key to success with traffic generation will be 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 decide on 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 will see trickles of traffic initially… and it’ll snowball into

massive amounts of traffic. 

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

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

Will inevitably be yours.