7 creative ways to make money in 2019 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 creative ways to make money online way
eCommerce I’m referring to selling let’s say on Amazon, Shopify, ebay etc
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, 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.
You’re doing pay traffic, trying to treat your e-commerce site.
So that you get more sales 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.
7 creative ways to make money in 2019
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.
You’re driving the traffic through social media, email marketing or from your blog / website, you can set up like a virtual storefront, where you take the orders and then you send the order to a wholesaler or a distributor.
They would ship it for you typically they would charge you money and sometimes they charge you kind of like a handling fee could be a $2 $3 $5 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 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 creative ways to make money 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.
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.
You can test different traffic sources and you can pay traffic or free traffic try them to the affiliate offer for and from there.
That’s it 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 or eight years ago.
It’s an affiliate marketer I’m still getting paid, 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.
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.
SAS or software business.
Now software business is a huge business online, and its another creative ways to make money
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,
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 users can use at the same time,
That’s why such a powerful business model and when it comes to technology.
Now you can hire developers you can hire programmers to develop those software for you.
Problem is a software not done, 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.
7 creative ways to make money online in 2019
Google Adsense is best in creative ways to make money |
Google adsence 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,
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 adsense at his heyday,
He was making over a million dollars a year with just adsense
Now guess how much his blogs make him less than 30,000 dollars a year.
So it’s one way to make money,
But it’s not as good as it used to be.
7 creative ways to make money online in 2019
In this list of 7 creative ways to make money online Expert Business is the best way.
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.
Hence those lives that’s what I call the expert business
In this list of 7 creative ways to make money online in 2019 , Youtube is the only best and easy way to make money online in 2019
Learn More: How much money Youtubers made in 2018
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.
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,
7 creative ways to make money online in 2019
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 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.
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.
Read more: Best Online Money Making Sites in 2019