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ichiranth · 3 years ago

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7 Best Business to Start Making Money Online(2023 Guide)

In the past few years there is a drastic trend where individuals are looking to make money online for extra cash.

We blame technology for killing our jobs and businesses. But, we can use modern technology to make a bit of side cash or even make a full time income by scaling up to a larger scale.

This particular article lists 7 different business models like

Blogging business, Ecommerce business, Freelancing, Content Creator, Social Media Marketing Agency, Affiliate Marketing, Starting a podcast helping you to make money online.

Caution: The Business Models we will be discussing in this particular blog post are not get rich schemes.

Patience, Quality Content and Consistency is what an online business owner needs to get successful.

What do I need to start an online business?

You will need:

A decent wi-fi connection

A Laptop

How to Make Money Online

1.Starting a profitable Blogging business.

Creating a Personal Blog is one of the best ways to make cash online. The particular page you are reading is also nothing but a blog post.

What is a Blog?

An article written by an individual to provide information for its readers.

There are wide range of Categories where people usually start to write blog posts on

Make Money Online(Business Models)

Technology

Movie Blogs

Personal Updates and many more.

There is no better time to start a profitable blogging business than today itself.

The Truth is :

Majority of the bloggers fail to make money online because they follow the outdated advice that is actually “Write articles to rank on Google to Get traffic “.

Successful bloggers advise you “to write something about what you are passionate about “ so that you might never run out of content and will help you to build a profitable business.

That is why you need to ditch all this advice and stay updated on which methods actually work in the current market.

As a Blog owner you need to treat your blog like a startup and think like a CEO.

How can I start a Blog in the 2020s?

1.Set up your blog

2. Pick a niche

3. Install Wordpress(recommended)

4. Install a blog theme (Kadence Themes- Recommended)

5. Post high quality Blog Posts

6. Distribute your content

How can you bring traffic to your blog?

You can write a perfectly SEO optimized blog post which ranks at 1st page of google where you can get more organic clicks.

To achieve that try applying keyword research to find the best trending keywords for which you can rank for.

Make sure you find keywords with less keyword difficulty and high search volume.

The second method is Content Distribution. You can publish a blog post on your website and then promote that piece of content to a target audience existing on the different platforms.

Twitter, Tumblr, Reddit, Youtube, Facebook groups are the best sources of organic traffic to your blog other than search engines.

How to monetize the traffic?

After publishing more than 10 high value pieces of content on your blog now it's time to apply for an Adnetwork where you get paid for every one thousand impressions on ads of your website.

You can also promote affiliate links based on your niche by joining several affiliate programs.

Selling your or others services like consultations, Resources, Courses and many more help you make money with the audience you built.

So without wasting further time set up your wordpress website, publish quality content for your readers and monetize your traffic.

2. Set up an Ecommerce Store

Ecommerce is nothing but the process of buying and selling the goods or a particular service through an electronic network via the internet.

In recent times the popularity of the ecommerce business models has skyrocketed through the roof.

Large portion of the consumers prefer buying from an Ecommerce store nowadays.

Using this to your advantage you can use this business model to make extra cash or even a full time income if done in the right way.

How to set up an Ecommerce store?

The very first thing you need to do is the research about the wide range of ecommerce niches.

After selecting the suitable niche it's time to find the winning product in the market to sell for the customers.

Then you have to select the right ecommerce platform to set up your store

Best ecommerce platforms are:

Shopify

BigCommerce

WooCommerce

After you have been done with your business name, logo and website design you are ready to start selling your products and make multiple commissions.

How to Grow an ecommerce store?

In this digital era, Content is the king. Creating content on multiple social media platforms like Youtube, Instagram, Facebook and many others will help to increase the brand awareness among the audience.

This helps you in marketing for free and gain the attraction of a large audience.

Use this to educate your audience about your brand and start selling the products they like.

Being present in numerous ecommerce platforms like Amazon, Ebay, Etsy, Shopify will help your brand enormously.

Being omnipresent will surely increase your brand awareness as you are not being dependent on only a single platform.

You can also run a paid Facebook, Google Ad campaigns which allows your customers to be able to redirect to your online store and be able to buy your products.

3. Become a Freelancer

Freelancing is offering service to a client or a business in exchange for a fixed price.

Google has more freelancers(54%) working for them than permanent members(46%).

How do I Start Freelancing?

You basically get paid when you sell a service to a client.

This is why it is important to identify which skill you are passionate about.

If you could not figure it out, no worries here are some popular services freelancers offer to make six figures in revenue.

Video Editing

Graphic designing

Email Marketing

Content Writer

Copywriter and many more.

After selecting the service you wish to offer to your clients, you need to learn and master your service.

Take the help of Youtube and Online courses to learn your skill.

To find clients:

You can use freelancing platforms like

Upwork

Fiver

PeoplePerHour

Freelancer and many more.

You can also create content on different social platforms and promote your services which in turn will help you get more popular than your competitors.

Platforms like Youtube, Facebook, Instagram, Reddit, Linkedin will help you get multiple high paying clients and freelancing platforms ever will.

You can also cold email, send a Dm to small content creators explaining about your services and what price you charge for your services.

Always provide some of your free samples of work for your clients which helps them trust you more.

As you become more and more experienced, start increasing the prices of your services and look for high paying clients.

4. Become a Content Creator

Anyone who creates the content is a content creator.

Content creation is the process of creating digital content.

How to get started as a content creator?

Creating content is the best way to build an online audience

And make money. To start as a content creator:

Choose the type of content you want to create and create a content calendar which helps you stay organized and consistent.

Recognize your target audience in the market and offer value through your content.

At last share your content with the market and always be open for feedback and criticism.

Be consistent with your content to be a successful content creator.

How to grow as a content creator?

To grow as a content creator you need to be consistent, determined and hardworking.

Always try to make sure that you improve your content quality with every single upload you make.

The thumbnails and title need to straight hookup viewers to catch their attention.

When you publish a piece of content, do not forget to distribute it to multiple social media platforms which will help you grow your personal brand during the early stages.

Collaborating with the creators in your space will help you build connections and allow your audience to engage with your content.

How do I get paid as a content creator?

As a content creator, there multiple ways you can be able to monetize:

Adsense

Sponsorship

Affiliate Revenue

Selling your own service or a products

Adsense:

There are millions of content creators who make a living out of Adsense revenue which they generate with the help of their content.

Advertisements you will be able to skip after 5 seconds on youtube is a great example for this.

Sponsorship:

Ever seen your favorite influencers promote a product or a company to his audience?

This is because the influencer was paid by the company to introduce the company to his brand to the audience.

Sponsorships make a large portion of the revenue if you are a content creator with a large followers base.

Affiliate Revenue:

After growing your online audience you can make a commission for every single customer you bring to a company.

To do this, you need to join an affiliate program of your niche and then place those affiliate links in the description.

When somebody buys a product from the link in your description box you get a small part as a commission.

3. Social Media Marketing Agency

SMMA(social media marketing agency) is a bureau which offers social media services to a client or an organization.

With the rise of influencers like Iman Gadzhi who has been making millions from his agency this business model has been on trending recently.

How to start a SMMA agency?

You need to think of a professional business name and name your agency.

Now, it's time to decide which service would you like to offer your clients

There are many services like:

Email Marketing

SEO

Creative Service

Then you need to choose a particular niche for your agency to work for.

Some of the profitable niches are:

Gyms

Restaurant

eCommerce and many more.

After all these steps you have finally set up a SMMA agency which is now ready to offer the services to their clients.

How do I find clients for my Agency?

Finding a client is one of the key factors in keeping up the revenue of an agency.

You can use Google Maps and make a list of nearby local businesses to eventually contact them about how you as an agency owner will help them bring in more potential customers.

You can book meetings with owners basically explaining about your services and how much you are going to charge for your services.

You can run Facebook or Google Ad campaigns targeting the right audience so that you can keep signing new clients regularly.

6. Affiliate Marketing

This business model pays you commissions for every single sale you make for another brand.

Affiliate Marketing involves the affiliate promoting the brand’s product or a service to their own audience.

You get paid a small part as a commission whenever someone buys a product or service through your link.

How to get started with affiliate marketing?

Main drawbacks of this business model is that it is very difficult to make an income online unless you have a large online audience.

You can promote affiliate links on your Youtube video description box, Instagram stories and on many other social media platforms.

There are many high paying affiliate programs which pay creators or bloggers anywhere from 5$ to 100$ per sale.

Websites like Clickbank, Digistore24, JVzoo allow you to choose products and sell them helping you to make commissions.

How do I bring visitors for my affiliate links?

You can run Facebook,Google or Bing Ad campaigns to drive real traffic to your affiliate links.

You can promote your links to your online audience across different social media platforms.

7. Sell an Online Course

Sharing your knowledge via online course platforms is one of the best ways to make money online.

Platforms like Thinkific, Kajabi helps you in selling your course online to the market and makes it easy to collect payments, offering easy integration with Stripe which is super helpful.

You can run Youtube, Facebook, Google Ad campaigns to find customers who will buy your courses.

You can create free helpful content to build trust among your audience which will drastically help you in increasing your course sales.

Which business model will you apply this year to make money online?

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ichiranth · 3 years ago

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How to Start a SMMA(Social Media Marketing Agency)in 2022

https://tailoredtech4u.blogspot.com/2022/12/social-media-marketing-agency-with-no.html

How to Start a SMMA(Social Media Marketing Agency)in 2022

Its no wonder that social media has billions of active users out there every single day. Don't you really think there certain businesses who are actually trying to use social media to attract customers and grow their businesses? And how do you exactly take advantage of this situation? Well this where Social media marketing comes into the matter. You could generate wholesome amount of revenue by starting a Social Media Marketing Agency even with no experience.

What is Social Media Marketing Agency?

An organization ,company or a bureau that provides service where it uses social channel in particular way to attract multiple customers to the business owners.

There 2 types of services you can offer to your clients:

①Social Media Management

→You can use your client's social media to engage with their audience and generate more content to increase your reach and follower count

→The more the Followers ,Engagement and reach more the number of customers.

②Social Media Ads

→You can start a Facebook Ads campaign or a Google Ads campaign to drive more traffic to your client's website.

→More the traffic more the number of customers.

Which Niche Should I Choose?

If you are a beginner and looking out to start a social media marketing agency with no experience, it is very vital to niche down your services to you could get better results even much faster.

This type of approach also allows you to be seen as a specialist since you have mastered in specific area with expertise.

You can offer services to your clients like:

→Facebook Ads

→Google Ads

→Seo

you could choose industries like:

→Online consultations

→Auto dealerships

But sometimes not niching down your services has its own benefits as well.

If you are a beginner who is starting a Social Media Marketing Agency with no experience then these are the best business you can start with to offer your services to:

→Solar

→Plumbing

→Landscrappers

→Roofing

and other companies as well,

You can offer your services to your clients and get paid.

How To Price Your Services?

The best model to get paid which even majority of the professional businesses use is

Hourly Rate Model:

→You charge the amount of dollars for every single hour you work in helping your client to bring in more customers(50$/hr,100$/hr).

→No amount of work goes unpaid since you are pricing your services for the amount of time you spent.

Percentage Model:

→You price a small percentage of the money spent on Ads for your service.

→This model works way well when your offering your services to those businesses who spend a huge amount of money(20k-100k$/Month) on ads. →The best model to get paid if you are starting a Social Media Marketing Agency with no experience is the

Retainer Model:

→You charge a Direct Monthly Fee to get the work done ,

→It is simple ,easy and beginner friendly

It is important to know that you need to increase your prices for your services as you gain the experience.

There are clients who are willing to pay anywhere from five figures to six figures for your services.

How Do You Find Clients For Your Agency?

An agency without clients is like a plain without a propeller.

So here are few common ways to find Clients for your agency:

Google Maps

→Google Maps is one of the best ways to find clients during your agency's initial stage.

→You can list down the local business around you and extract information(Name, Email, Phone number)from their personal website.

→You can book a meeting with the business owner where you will be explaining how you will help them skyrocket their profit margins by offering your service.

Popular Ecommerce Stores

→Lets say you have found a product which could be advertised easily. You can cold email or direct message the brand on instagram saying that you have devised a perfect plan to market that product on social media which would help the brand on that ecommerce store generate more sales.

→While you are writing an email or sending them message make sure at first you personalize and compliment the product. Then present a problem which is stopping them from increasing the sales. As you identify the problem and put it in front of the the brand owner present them the solution you provide by offering your services and make it a no-brainer.

→Next step is to book a meeting with brand owner explaining your services, prices and how you would help them in increasing their profit margins.

#finance #business

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