Choosing The Right Business Model

In this How To Make Money Online in 2020 Choosing The Right Business Model Post I cover the following topics:

Overview:

  • Overview of the Various Business Models
  • Products (Physical & Digital) – Your Products, Someone Else’s Products
  • Services – Consulting, Coaching, Freelancing
  • Outsourcing
  • Affiliate Marketing / Programs
  • Not Sure?  What Business Model, Products, Services?

Watch The How To Make Money Online In 2020 – Choosing The Right Business Model Video Below

Various Business Models

  • E-Commerce – Amazon, Shopify, Dropshipping
  • Network Marketing, Multi Level Marketing, Direct Sales
  • Consulting, Coaching
  • Freelancing – Fiverr , Upwork
  • Content Marketing
  • Blogging, Video Marketing
  • Social Media Marketing
  • Franchising
  • Offline Business Marketing
  • Affiliate Marketing

Products

  • What Products Are You Going To Offer? 
  • Physical Products – More Overhead, Usually Less Profit Margins
  • Digital Products – Immediate Fulfillment, Usually Higher Profit Margins
  • Information Products?  Software Products?  SaaS Products?
  • Your Own Products or Someone Else’s Products?

Services

  • Consulting
  • Coaching
  • Freelancing
  • DFY (Done For You Services)

Outsourcing

  • Fiverr.com
  • Upwork.com
  • Onlinejobs.ph

Affiliate Marketing

  • Many Companies Offer Affiliate Programs
  • Selling Someone Else’s Proven Products – You Get A Commission
  • Companies – Wal Mart, Best Buy, Amazon, Many Others
  • Affiliate Marketplaces  Clickbank, JvZoo
  • Other Affiliate Programs – Web Hosting, Email Marketing, SaaS, etc.
  • Pros – You only concentrate on Marketing / Selling 
  • No order fulfillment, no payment processing, 
  • No providing customer support – all performed by the company
  • Commission Levels – various from 5% up to 100% 
  • Great Way for Beginners To Start

Not Sure Where To Start?

  • If You Are Still Not Sure, You Can Model After Me
  • My Biz Model – Affiliate Marketing – Tools & Training
  • Every Business Owner Needs Tools & Training No Matter What Niche
  • I Focus On Digital Products
  • I Only Recommend Products I Use And Trust
  • I’ve Gotten To Where I Am Today Because Of Self Learning / Training & Tools
  • The Wealth Niche With Digital Information Products – Multi Billion Dollar Market

Leave a comment

Your email address will not be published. Required fields are marked *

6 thoughts on “Choosing The Right Business Model”