You generally hear one of two things when you ask how to make money online.
First,
some people will tell you that there are no simple online money making
opportunities and that online business has become too complicated. But
that's not true.
Second, some people will promise you that you'll make millions online. Whilst that is true for some, it's not common.
If
you want make money online in 2016 it can be done, but it does take
time and you don't have to have a business degree to do it. Here are 5
basic business models that generally achieve a good level of success for
everyday folk.
1. Affiliate Marketing
Affiliate
marketing is a popular way to make money online when people are
starting out with their own internet business. Profit is made by
promoting the products or services of others and earning a commission.
Your job as an affiliate is to promote your chosen products to a target
audience and if they buy via your affiliate link, you earn a commission.
2. Information Marketing
People
use the internet to find information and many people are prepared to
pay for that information online if they can get is quickly from a
trustworthy source. If you are a specialist or professional in a
specific market you can sell information when people see you as an
authority in your chosen field.
3. Membership Websites
A
membership website is just the same as being a consultant in the
offline world. Your job is to help and counsel clients with your
expertise. This is a very profitable way to make money online as people
tend to stay clients for lengthy periods. You can also recommend
relevant affiliate products to your members.
4. Service Provider
When
you provide a service such as writing, design, website development or
being a virtual assistant, you get paid for the work that you do for
your clients. Freelance websites like Elance and UpWork have countless
numbers of customers looking for people like you who are offering their
skills in return for payment.
5. Product Creator
This
is where you make a profit selling your own products. The easiest
products to produce are digital products, like an eBook, report, audio
course or video training series. You create it once, and you can sell it
over and over as your customers can simple download it when they buy it
from you. You don't even need to be an expert in a particular subject
to create a digital product. You just need to know more than the average
person on your chosen subject.
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