What Side Jobs Can I Do

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 equivalent. 

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

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

     

  1. Freelancing

If you are on a limited budget, it’s better to start out with freelancing. The fantastic 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 internet 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.  So long as you have the skills to deliver similar

services, you’ll 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 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 fund your other online

businesses. 

     

  1. Product creation

Product creation is one of the fastest and most lucrative ways to build

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

For example, 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 which you’regood at. 

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

While this description simplifies matters a lot, the purpose you should 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 don’t wish to make 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

Each time you make a sale.  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 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 with your own branding.  

Another sort of ecommerce is called’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 send them out.  It’s a very hands-free process. 

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

Everywhere from 1k to 4k when you’re starting out.  You will want to run advertisements and so forth. 

This is a VERY profitable business model when you latch 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 . 

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 earnings is to not only write yourself, but to hire others to write for you. 

Selling on the Kindle market requires marketing skills too.  It’s

Not all 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 may reap the rewards and have an online business you can be proud of.

What Side Jobs Can I Do

4 Crucial Skills You Will Require to Succeed Online 

 

It’s common

To see people posting questions on social media to boost participation.  One of the

most frequent questions posed is,”What skills do you have to succeed online?” 

Invariably,

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

If you’re a

Beginner to internet marketing, it is even more important that you have these

skills.  Below you will see 4 crucial skills you’ll need.  It might appear 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 4 basics below.   Be aware of these skills and hone them to your benefit.3

     

  1. Learning the ropes

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

Choose one business model and study it well.  Proceed into it and

discover the nuances and methods involved. 

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

understand how to: build a shop, choose products that will sell well, source for suppliers, guarantee 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 don’t need to learn it all at once.  The best way to go about it will be to learn in stages. 

Which brings us to the next point…

     

  1. Applying the techniques taught

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

Have no products to sell.  You must put on the knowledge you’ve 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 courage and faith, but that’s just how it is. 

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

Your store, and after that it’s a matter of promotion and fulfilment and so forth. 

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

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

If you try and complete all the concept before you start, you’ll be

Overwhelmed and could never start.  Application of knowledge is the next skill. 

     

  1. Iterating your way to success

Iteration is another word for copying… but in this case, we repeating

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

In fact, for 10 products you try, just 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 will have duds. 

The same applies to most 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 that you launch will be a winner. 

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

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

     

  1. Scaling up

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

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

This is a skill by itself.  You Will Need to manage your budget, outsource Several tasks, automate processes, and sell more goods either by upselling or cross-selling. 

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

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

You will need to learn how to scale up.  Once you master this skill, the sky is the limit for your business. 

Take note of these 4 crucial skills and master them.  You don’t need to Do it all at once, but you’ll certainly need master them all to achieve online Success in the long run.  Get started today.