How to Make Money Online – Follow the People Who Have Been There
Making money online is just as easy or difficult as making money in the “real world”. It requires hard work, instinct and a good understanding of the business models that work best.
This brief article will look at the main (and most profitable) business models to make money online.
Affiliate Marketing. In this business model the affiliate marketer makes money by selling the product or service offered by the Marketer for a share of the profit. If you a product to sell affiliate marketing is the best way to get a share of the market with minimal effort.
Leads. This business model focuses on generating leads for other peoples websites, products and services. The art is to generate focused traffic for your clients. Clients will generally pay for a lead either when a certain action is carried out by the potential client, this is called PPA (paid per action) or when the client buys a product, this is called PPS (paid per sale).
E-commerce. This model is the time tested business of selling goods directly to consumers (retail) or to other businesses (wholesale). E-commerce is probably the easiest way to sell a product because it can be done with zero stock and minimal overheads.
Publishing. This is the business of generating attention to your website content or product in order to sell advertising to other companies. The art is to provide content that is popular and drive your traffic to the most profitable advertisers. Publishers either create their own product or pay freelance writers to do so. A good understanding of Search Engine Optimization and good writing skills are a must when you are searching for article writers.
Whichever model you choose it is important to do your research before you invest time and energy in any particular scheme. Doing your homework before you invest your hard earned cash will maximize your chances of success.