3 Online Business Models You Can Start For Free
The choice of online business model can have a huge impact on future success. When you starting out, make sure that you select a model that matches your lifestyle. The following choices of mine are long term and scalable business models that can secure financial success.
Blogging is still one of the best ways to make money online. Blogging takes consistency to work, and the results can take a while to materialize. But blogging is still essential. Even if it is not going to be used as the primary form of income, having a blog is a good way to promote your other business or to bolster your reputation. Once a blog generates enough traffic, it can be monetized using affiliate links or paid advertising.
In many ways, videos are taking over from written content. Customers like videos more than written content and video content has the potential to go viral. YouTube is the biggest video streaming platform and it is easier to create a video than is commonly believed. You can use YouTube to build up a following and then market to them. This method is far quicker than blogging in most instances.
Sell physical products online with the help of other services like Amazon FBA, Shopify or Woo Commerce. Dropshipping model with Shopify platform will make it easy for you to find a supplier and products, set up your website and connect customers with suppliers without you having a warehouse. The success will depend from marketing and branding. Choose products from any niche you love and build a brand around it, market, scale 🙂 There are many free YouTube tutorials as well online courses that can help you to learn all necessary skills you need to start,
If you are an expert on a particular topic, then you should consider creating your own online course. This is not as difficult as it sounds, but you will still be responsible for marketing and promoting your course. However, Udemy is one of the most well-known online course platforms and has a deal program you can join where they will offer your courses for discounted price and they will do advertising as well so you don’t have to worry much.