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seven little ways to make money online I
think when it comes to making money
online
most people they make it so complicated
right and make it there's so many steps
and and so many business models and so
many even strategies and different
tactics today I'm going to give you some
clarity so 7 legit ways to make money
online way number one and that is
ecommerce ecommerce I'm referring to
selling let's say on Amazon Shopify
right you're selling a a physical
product maybe you get it from China you
get it from Alibaba even when you're
selling products on eBay right that's
like e-commerce business model it's one
of the most profitable business models
online however it also is the one that
requires you the most amount of capital
and experience now you're dealing with
customer service right you're building a
team you're fulfilling the product you
are dealing with the image the photo
your driving traffic maybe through the
search engine right you're doing pay
traffic you are trying to treat your
e-commerce site so that you get more
sales right and then maybe you do
something fairly a deal but your margins
are usually not very very high because
you're selling a physical product a b2c
model business to consumer so what it
means that you just sell a lot of volume
in order to make any significant amount
of money right second legit way to make
money online and that is drop shipping
now what if you don't have a product to
sell what if you don't have a lot of
money a lot of capital to get started
then what do you do while drop shipping
is an other model there are a lot of
people making these are amount of money
with this model now with this model
you're basically working with a whole
seller or a distributor where they have
all the products and they would do the
fulfillment what do you do you're
actually acting as a like a marketer
right you're driving the traffic through
social media email marketing your
website you can set up like a virtual
storefront where you take the order and
then you send the order to a wholesaler
or a distributor they would ship it for
you
typically they they would charge you
money and sometimes they charge you kind
of like a handling fee could be a $2 $3
five dollars and that's how you make
money now your margin is very thin
because you're selling one item at a
time you have to be very careful knowing
how much you could spend to acquire each
customer to drive traffic how much you
can spend to acquire each visit to your
website so your metrics you have to know
very very well because this thing you
could spend a whole bunch of money and
if you don't make those sales you're the
one that's taking the risk right the
whole seller the distributor there's no
risk right they only fulfill a product
when you make a sell so as a marketer as
a drop shipping business model you're
the one that's doing all the marketing
you have to front end a lot of marketing
costs and you only get paid after you
make a sale the third legit ways to make
money online and that is affiliate
marketing I love the affiliate marketing
model that's actually how I made my
first fortune on the internet my first
bucket of gold now what's beautiful
about the affiliate marketing model is
you're acting as a middle person right
it doesn't require you to have your own
product you can choose a handful of good
products that you believe in and you
don't have to deal with the inventory
you don't have to deal with the
fulfillment all you need to focus on is
being a good middle person to sell these
products online and you can test
different traffic sources and you can
pay traffic or free traffic dry them to
the affiliate offer for and from there
that's it right when you measure and
track the performance and then you'll be
able to get a commission check every
single month even after all these years
until this day for the work that I did
two three five eight years ago it's an
affiliate marketer I'm still getting
paid right it still it still provides a
nice stream of income points for the
work that I did so many years ago so I
love the affiliate marketing model but
that's one catch in order to be a good
affiliate marketer guess what you have
to be a good marketer you have to know
what you're doing in terms of like doing
online type marketing right you have to
know what is it that you are working on
it is not an easy thing but it is easier
than other types of ways to make money
online oh I got a message here
awesome
that's a hydrated legit way to make
money number four and that is SAS or
software business now software business
is a huge business online it is a model
that it's absolutely scalable if you
know what you're doing and you can see
companies making millions of dollar tens
of millions of dollars hundreds of
millions of dollars I'm talking about
like Infusionsoft it could be active
campaign
it could be go to a meeting right it
could be even hosting tracking software
a software that solves a problem in the
marketplace now this model why is it so
powerful is because it doesn't matter if
you sell that that piece of software to
one customer or 10,000 customers it is
the same product that gets replicated
then many many many users can use at the
same time and that's why such a powerful
business model and when it comes to
technology now you can high developers
you can hire programmers to develop
those software for you problem is a
software not done right you could burn
hundreds of thousands of dollars
millions of dollars before getting a
return but if you know what you're doing
software on the Internet
absolutely one of the most powerful ways
to make millions of dollars online
number five Google Adsense
now Google essence is an advertising
program that allows you to run ads on
your website or blog or YouTube videos
and you get paid when visitors click on
them the ads are generated from business
that use the Google AdWords account now
with Google you need to have a lot of
traffic maybe you can create some kind
of block maybe it's through your YouTube
channel but you need a lot of visitors
to make any significant amount of money
now the good thing it is free to join
right isn't call generating you join but
the downside is you need to create a lot
of content in order to create a decent
amount of income or to maintain a good
income I have a friend of mine who used
to make a ton of money with Google a
cent at his heyday he was making over a
million dollars a year with just a cents
and now guess how much his blogs make
him less than thirty thousand dollars a
year so it's one way to make money but
it's not as good as it used to be legit
way to make money online number six and
that is what I call the expert business
now we're talking about packaging your
expertise your skills your knowledge
your passion into some kind of a product
I'm talking about online courses I'm
talking about training programs I'm also
talking about services that you could
provide maybe you are a digital marketer
you are running a social media agency
you are doing any types of programs that
enhance people's business and hence
those lives that's what I call the
expert business number seven the last
legit way to make money online and that
is through YouTube now with YouTube you
think about YouTube could put everything
together for you let's say you have an
e-commerce business you could create
demonstration videos and upload them to
YouTube and in the description you can
drive all that traffic back to your
ecommerce site you can do also tutorials
teaching people how to use your products
on YouTube as well or if you're in a
drop shipping business it is the same
thing you can have various keywords
different types of videos on YouTube
that people are searching for right now
and they watch the video they like the
product and then click on a link and
they could go to your website your
virtual storefront and buy from you and
then when you get an order
you can send that to your wholesaler and
they can fulfill the order for you as
well and remember we also talked about
the affiliate marketing business now
because the affiliate marketing business
is so competitive it's not just you as
an affiliate promoting that particular
offer that particular product one of the
ways you can make yourself stand out
instead of just driving traffic to their
offer directly in between you can drive
them to you
or email list right where you are
educating informing your potential
buyers through YouTube through videos
through content building their trust and
then once they want to learn more about
it they click on link and then they
could buy your affiliate offer as well
as sense you can combine that obviously
with YouTube because Google owns YouTube
YouTube is using the Google Adsense
platform the expert business software if
you want to reach a mass-market very
very quickly you can easily run ads on
YouTube and giving away maybe a a free
trial the freemium model for your
software and from YouTube they could see
it you can reach millions and millions
of people just like that and from there
you can get a lot of users even you want
to test out the product you want to see
how if you like the software that's one
way to do that and that's why I think
YouTube if you have a strong YouTube
channel you can combine all these ways
of making money into this one thing if
you have a strong YouTube channel you
will enhances any of these revenue
streams that you have right now if you
want to know how I've grew my YouTube
channel from zero to over a million
subscribers in record time without
spending a dime on advertising click the
link here and get yourself register for
my free masterclass I'm going to take
you behind the scenes and share with you
my personal story how I became a
youtuber kind of by accident and how I
have made over a million dollars
directly from YouTube if you want to
know how I do that click the link here
or somewhere here and I'll see you in
class