What To Sell Online To Make Extra Money

        3 Common Difficulties Most Newbie Marketers

Trying to build

An online business will ask 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 know.  Each time you learn

something new, there will be something else that you will need to figure out. 

It will

Almost seem like a never-ending process… but rest assured, that with time you’ll

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

issues that many beginner marketers face. 

Once 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 will need to make.  There is

A myriad 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 succeeding faster than most of the other people online will

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

For example, if you prefer working for others, freelancing is appropriate

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 business where you are your own boss, you will

Need to look at the skills you have 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’re 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 online 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 online business simply because you can not sort a tech issue out.  Rest assured, there are tens of thousands of qualified and

dependable 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 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 do not let them scare you off your internet marketing path.

 There’s absolutely no rush.  Take your time and fix 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

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 you don’t have to rely on other people.

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 decide on the traffic generation method/s, stick to 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’ll see trickles of traffic … and it’ll snowball into

enormous amounts of traffic. 

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

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

Will necessarily be yours.

What To Sell Online To Make Extra Money

5 Common Online Business Models Simplified 

Most beginners

Who are new to internet marketing tend to get overwhelmed by the sheer variety of

ways one can earn money online.  Unfortunately, all money-making approaches are NOT made equivalent. 

Survey Websites, performing microtasks for pennies, etc., are mostly a waste of time and energy.  Whereas other methods such as affiliate marketing, arbitrage, product creation, etc. are very lucrative. 

Knowing Which business model to choose is imperative to succeeding online.  You don’t need to spend some 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 are on a tight budget, it’s best to begin with freelancing. The fantastic thing about freelancing is that it forces you to master a skill thatyou can use to create an income online. 

Ideally, your skills must be related to internet marketing.  For example, Digital graphic design, content creation, search engine optimization, video

production, 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 deliver 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 sooner, you can bet you are going to have repeat customers. 

As you get more popular, you can raise your rates and so on.  The Money you get from freelancing can be used to fund your other online

companies. 

     

  1. Merchandise creation

Product creation is one of the fastest and most lucrative ways to construct An internet 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 which you’regood at. 

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

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

that creating and launching your own infoproducts or tangible products is among 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 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 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 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..  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 require a budget to get started.  You’re looking at

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

This is a Really 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’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

You can scale up faster.  The key to increasing your profits is to not only write yourself, but to hire other people to write for you. 

Selling on the Kindle market 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 like domaining, arbitrage, etc.. 

If you choose 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.