How To Make More Money With My Money

        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 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 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. 

When You’re

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

1.   Selecting a business model

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

A plethora 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 on the internet will

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

For Instance, 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 are good, you’ll be sought after. 

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

Need to check at the skills you have or your natural talents.  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 are good at.

 This is the secret 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 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 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 resources are lifesavers.  Technical issues can seem

Intimidating, but do not 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 will 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 is to concentrate 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 until 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 … and it is going to snowball into

enormous amounts of visitors. 

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

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

Will inevitably be yours.

How To Make More Money With My Money

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.  Regrettably, all money-making methods 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 development, etc. are very rewarding. 

Knowing Which business model to choose is crucial to succeeding online.  You don’t need to devote time and effort trying to ice skate uphill.  It’s ideal to go with the 5 recognized internet business models below. 

     

  1. Freelancing

If you’re on a tight 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 create an income online. 

Ideally, your skills should 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 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 fantastic job and deliver the job on time or earlier, you can bet you are going to 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 finance your other online

businesses. 

     

  1. Merchandise creation

Product creation is among the fastest and most lucrative ways to build

An internet income.  Once more, you may need skills and experience.  

For example, if you’re into fitness or survival or you’re 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 matters 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 make 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 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 into sales and commissions for you. 

     

  1. Ecommerce

Ecommerce has witnessed 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 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..  Sites like Custom Cat, Gear Bubble, etc will create the goods with your designs and ship them out.  It’s a very hands-free process. 

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

Anywhere from 1k to 4k when you’re starting out.  You will need 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 have the ability to

generate 6 figures . 

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

You can scale up faster.  The key to increasing your earnings is to not only write yourself, but to hire other people 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 fantastic place to start from.  If none of them

Seem like your cup of tea, you may research other business models like domaining, arbitrage, etc.. 

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

Consistent, you may reap the benefits and have an internet business you can be proud of.