There are many way of making money online. To make money online – the transaction has to happen between 2 person. You basically is selling something like services, product or your time to exchange for the money.
Over 7+ years online, i have found out a few online business model and developed them to automate the whole process as much as possible.
Information! If you are just starting out, check out the highlighted ones
Here are some business model that i discovered:
- Blogging + Selling ad space (Longest and take time to setup)
- Product Creation – Ebook, Video Course & Membership
- Selling Services
- Become a broker – Provide product or service at a markup price
- Video Marketing – CPA/Affiliate offer
- Affiliate Marketing
- Warrior special offer (WSO)
- Product launch (Jvzoo)
- Cost per action (CPA Marketing)
- Webinars that sell products
- Become a trainer/coach
- Become a fiverr/outsourcing site service provider
- DPD product seller
Most of these might require a lot of work upfront. But when you setup the system and traffic in place. You can hire a team of people to help you manage that part of your business.
But most important is you create an automated system working for you and you just have to focus on traffic generation to get more leads and sales for your business.