Making money online isn’t really as straightforward as it the guru’s make it sound.
It has been said so many times before you only make money when a product or service is sold to the a customer but what’s just as important is HOW you go about doing it.
What is the approach that you employ?
What is your business model?
It’s important to have a business model.
It’s something that you shape your business around, and it’s something that can either make or break your business.
Not to worry though, as you can easily model your business after a successful one.
Here are some of the more (currently) successful business models that you model your business after
Creating Information Products and Marketing Them
TO be a publisher of your very own products can be very profitable for your business.
In addition to selling your very own product, you have the power to do the up-sells, down-sells, back-end offers, affiliate programs, joint ventures.
It has been said, and I think I would agree that you don’t really start making real money until you have your own product to promote.
You may think you don’t have the skills or experience to create your own product…
…but think again, you will see that product creation can be achieved by anyone who is prepared to follow a few simple steps.
I ABSOLUTELY love this strategy.
Membership sites = recurring income = steady and stable income month after month.
You sell your membership and get paid on month 1, and on month 2, and on month 3 etc, etc.
In fact as long as you have that person as a member you have income.
In terms of passive, you can’t get much more passive than that!
You just have to come up with a something that people are willing to pay for each passing month for access.
It is a common held myth that setting up your own membership site is complicated and expensive.
Building Your List
I’m sure you are not surprised to see list building just HAS to go on any list of effective business models.
Again we are talking security.
When you add someone to your list they immediately become a potential recurring buyer.
Any time you need/want cash, you just need to send out a mail to your list promoting a product…
…either yours …
…or someone else’s as an affiliate.
People you have built a relationship…
… are much more likely to buy from you than they would a stranger.
So building a list and building a relationship is a must,
It’s never too late to start building a list and it’s never too early to begin.
So there you go you won’t go far wrong with these three complimentary business models.
That is, of course, if you are looking for a business that will provide you with a secure on-going online income.