5 Online Business Models You Can Start Today MRR Ebook With Audio

Sample Content Preview

Introduction

There is an almost overwhelming amount of information with regard to how to succeed in the world of online business. Unfortunately, you have finite resources and must manage your business as efficiently as possible. Which is why you should focus your strategy on the models that work.

Every business model will have distinct advantages and disadvantages, but remember to choose a business model that suits your lifestyle and your personality. It is going to take a while to pay off, and the initial choice of business is critical. Below are 5 of the better online models to use when creating your new business.

Business Model #1 - Blogging

Blogging is possibly one of the oldest online marketing methods. It is also one of the best and has stood the test of time for a reason. The blogging model is very straightforward.

Simply find something you are passionate about and blog about it every day. Many people are saying that the days of starting a blog and making money are over, as it has become too competitive. But this is just not the case.

The vast majority of people give up after a few months, and they stop posting as consistently. Eventually, they just stop altogether. To be successful at blogging, it is necessary that your post every day and don’t give up. This is the only way forward. If you are passionate about your blog and post consistently, then you will make money. For this reason, it is important to really commit before starting a blog. It is equally important to make sure you are passionate about the topic and that you can write about it every day until it pays off.

Once you have a large amount of traffic, there are a wide variety of monetization methods. You can insert affiliate links to pages or products. You could also have sponsored advertisements on your blog pages. While it can be difficult to keep blogging for a year or so with nothing to show for it, in the end, you have a site that makes money without actually supplying the product itself. Blogging is a slow method but it definitely works. Once you have made it to the other side then it requires little maintenance. You can even train a high-quality freelancer to replicate the work while you derive the benefits of the traffic. At this stage, you can also syndicate content on your site and feature guest posts.

Even if you don’t have a blog as a full-time source of income, it is still a good idea to have a business blog post. It is useful for generating discussion and for some extra links. Keep in mind that you will also need to promote your blog. The “build it and they will come” approach does not work with blogging. You can be writing the best material but if it is not promoted, nobody will know about it.

Business Model #2 - YouTube

Youtube is a great way to reach an audience. Most of the newer generations prefer video as compared to written content. While this applies to the wider population, it especially applies to millennials and those of Generation Z (people typically born between 1995 - 2005). With the proliferation of video games consoles and other kinds of devices, YouTube and other video platforms are increasing in prominence. They are usually easily integrated into such devices.

Video content also results in increased sales in comparison to written content, which is another great reason to use the platform. A video is far more effective than a blog post and is much easier to digest for a modern audience. Consider that time is the most valuable commodity, and a video can get your message across far quicker. People may not even bother with a long blog post.

YouTube can be an exclusive business model or something that you do on the side to promote your business. If YouTube is to be used exclusively, then it can be similar to blogging. Identify yourself as a subject matter expert by releasing videos and you will gain subscribers over time. You can them monetize your videos. The difference is that while blogging might take a while, with YouTube you can build up a following very quickly. Additionally, YouTube channels will most often contain a link to the business page. This will result in increased site visits and help with SEO.

YouTube is now home to influencer marketers who have tens of thousands of followers. They are paid well by companies to market to their followers and it is now an industry in itself. If you happen to be knowledgable about a particular industry and are also good with videos, then YouTube marketing could be incredibly profitable right now. It’s free, quick to upload, has a huge audience, and people love video more than other kinds of content.

As there are over 1.5 billion active users on YouTube, the audience is massive. While over 90% of businesses now have their own Facebook pages, less than 10% have their own Youtube channel. This means that companies who engage in YouTube marketing may have a competitive advantage as it is an underutilized tool.

Business Model #3 - Physical Products and Amazon FBA

While Amazon FBA is often marketed inaccurately as a get rich quick scheme, it can be very lucrative if it is used correctly. Amazon FBA (“Fulfilled by Amazon”) is simply the sale of products using Amazon’s world-class delivery system. Here is how it works -

1. Ship your products to Amazon.
2. List your products on Amazon.
3. Customer places an order through Amazon.
4. Amazon handles delivery, storage, and even customer support.

Amazon does take a sizable chunk of your earnings. Moreover, it can be difficult to establish your brand when it is listed on Amazon. However, they are handling the delivery, product listing, storage, and customer support. It is still a remarkably effective business model that can take a lot of stress out of the entire process.

Another way to sell physical products is to use dropshipping. This is where you process the orders on your website but the distributor is responsible for the delivery of the product. The main advantage of this is that you don’t have to keep stock of any inventory, you just promote and sell the product, acting as a middle man.

• License: Master Resell Rights
• Category:Ebooks
• Tags:2020 Ebooks With Audio Master Resale Rights