In my last three articles, I talked about my ups and downs in affiliate marketing, the two sides of that business model, and why giving value to people is more important than anything else, including self-confidence in the success of your business. Here, I am going to explain the 6 different internet marketing models that is pretty general by definition.
1. Affiliate Marketing
The first model is by far the most basic and yet essential for all beginners to get started. That’s by promoting other people’s products and services, whether digital or physical, and they get paid in return. There are many ways to do it, but that’s another topic I’ll cover for the day.
2. Electronic commerce
The second model is electronic commerce.
While at first glance it may seem similar to promoting physical products as affiliates, it is not.
What this essentially means is that instead of having a physical store that can cost you tens of thousands in rental, staffing, and inventory costs, you can have a virtual one in the form of an e-commerce website.
Unlike the traditional model, it is not necessary to have a large inventory at home.
You just need to have good connections from reliable suppliers who are willing to deliver the products to your customers while making sure they are in excellent condition and exactly what your customers require when ordering.
The only downside is that building an eCommerce store is a big challenge. Especially for a beginner who doesn’t know anything about web design.
Even if you hired a freelancer, you may have to pay hundreds or even thousands of dollars due to perceived value, as you can earn much more in your store than you initially invest in the long run, even though you may not be able to earn that money. immediately.
3. Local business consulting
If you’ve already mastered website building and ranking at the top of Google, you can be a local business consultant for offline business owners, whether they’re running businesses, cafes, or stores.
If you can also get clients through other online strategies, it will be even better.
However, I do not recommend it to newbies, as most business owners are very selective about who to hire as well as who to hire in job interviews.
4. Self-employed
You can also do freelance work for internet marketers if you are good at creating websites, writing content such as articles, blog posts, e-books and short reports, designing banners, e-covers, and graphics.
But don’t expect to get paid high unless you are an experienced programmer and software developer.
You can head to sites like Elance, Fiverr, and Guru to offer your services.
5. Mobile applications
This is another profession you can consider if you like to learn and earn money designing mobile apps for people.
Given the fact that iPhones are very popular these days and people tend to surf the web via laptops and desktops, this is another model to consider.
6. Creating and selling your own information products
I covered this topic briefly in my article on the two sides of the affiliate marketing coin.
What this means is that you write your e-books and design your own video tutorials to teach people how to do certain things based on your experience and knowledge.
It doesn’t have to be just internet marketing.
It can be other things like smart business investing, smart financial management, personal development, and health-related topics.
Or even hobbies based on your personal passion and that of others.