Choosing an online business model that will fit in with you, your time availability and resources to explore it will by far be better. Within this articles, I will provide a brief list of popular internet business models and will reveal to you the one you will be better off with just right for all those who yearn to have a business on the internet, without much hassles and time demands. These are credible ways to make money with money online:
1. Affiliate marketing of physical products
2. Online trading of Forex, options, commodities and stocks.
3. Affiliate marketing of digital product
4. Online business services, like copy writing, web design, graphic works, scripting jobs, etc.
5. Reseller programs on various products
Looking at the above 5 models, you will agree with me that a newcomer will not find it funny, when faced with the decision to select. While the aim of this article is not to discuss in-depth all 5 ways to make money with money online, we will only look at a better option to most newcomers to this game with regard to time, learning curve and initial outlay.
If you were to ask for my suggestion, I will wholeheartedly endorse No. 3 in the list, reason is that depending on your ability you can still move on your pace and earn while you learn. Affiliate marketing of digital products will always be an all-time favorite when it comes to getting up early with an internet model to run with. The profit margin is very high with regard other affiliate business of physical products whose commission are within the neighborhood of 5% to 15% maximum, the kind you found at places like Amazon Company.
In helping with sales of digital products, you can to earn more that the owner of the product, now this may sound crazy, but it is true. You earn as much as 70 -75% per sale for most products. And the best of it all is that you don’t have any inventory to manage, no staff to organize, no payroll headaches, no product delivery, no customer service duties and your business can be highly touch button automated, it can run on its own without your invention day in day out 24 hours a day and 366 days a year, while you use your time on other things.
That is not to say that affiliate marketing is easy, if anybody tells you that it is, its is not true. It is this psychology that made it impossible for some to make progress when they are confronted with some challenging aspect of this online money making business model. So, all I will say for now is that while online affiliate marketing may not be that easy, you will need to learn from those who have been very successful in this field before you can start testing the waters, you will need super affiliate marketers, whose result prove that they can be relied on and called masters in the field they feel they can mentor you on.
So, don’t reply on your limited know-how, or resort to scratching here and there for a few a bounces in ideas, this will mean you are not giving your new business the attention it deserves.
Remember irrespective of your mentor’s dictates, you can always think and operate outside the box (know-how), this is the advantage you possess as an amateur as the saying goes that experts usually think within the box, while amateurs operate outside the box. So step up, come on board the online affiliate marketing terrain and go wild with your marketing innovations.
Think about how much a 75% commission on every sale will have on your balance sheet monthly, and assuming you are making up to four sales a day of $25 profit, this will result in a whopping $3,000 coming in to you in a month and that means a $36,000 extra earning a year. So, if you have been thinking about trying your hands in any online business model, affiliate marketing of digital products, like eBooks, software, and website membership services is really a better option to run with at start.