Ideas for Making Money Online: 5 Main Business Strategies
Who does not like making extra cash while working at home? Or even making a living by working just online? In this new free course, I will share almost everything regarding my online businesses, my plans, ideas for making money online, and my secret tips.
Before we start, we will talk about business strategies that make money online and how to start working online. I will also show you many ideas for making money online easily. Let's get started now.
Main Online Business Strategies – Ideas for Making Money Online
1. SAAS Business
Software As A Service is simply building a website and providing a service that is sold on a monthly basis. So, you are selling memberships which is a great way to make money online. For example, Netflix is considered a SAAS business that you subscribe to monthly to watch movies.
2. Freelancing
It is when you provide or sell your skills (Gigs) online. For example, if you are a graphic/logo designer you can provide your skills and sell them online.
All you have to do is create a profile and publish your “Gigs” or services on freelancing websites. These websites include Fiverr, upwork, freelancer.com or else. Such website are grand freelancing websites, so they offer great opportunities to earn money online.
3. Affiliate Marketing
If you are following my channel, you know I talk a lot about affiliates. It is one of the best strategies to make money online and work from home.
Simply, affiliate marketing is promoting affiliate products and services for other companies or people. When you promote an affiliate product, you'll earn a commission per sale or maybe sometimes per lead, action, sign up…
4. Content Creation
This means that you will create content like for example a blog and you publish articles. You may also create a YouTube channel and publish videos. Another option is creating an Instagram account and publishing content on it, whatever type of content and you monetize it.
Monetizing something means to make money from the content you share. For instance, you can publish ads on YouTube videos or publish ads on your Facebook page. Maybe you can sell your services through your blog, promote them, or even provide shout-outs to other services…
5. Online Stores
Creating an online shop and selling products, that can be physical or digital, is one of the ideas for making money online.
What I mean by digital is like selling eBooks, online courses, designs, or logos. Whatever you are selling, you can sell digital products in an online store.
By physical products, it can be mobile phones, maybe your DIY stuff, flowers, whatever you want.
So, these are the 5 main strategies that almost 99% of people who are successful and working online went through.
Applying the 5 Ideas for Making Money Online in My Business:
Let us see now how I applied all these strategies in my online business and how I connect things together.
When you go on my website, the first things you'll see are the main heading, title, menu, email Sign Up box, and the main navigation. So, a simple, clean, and straight-to-the-point website.
Main Heading
You will see in the main heading that it says that the website is all about online business, digital marketing and educational tips about new skills that will help you grow in your business.
Subscription Box
The big box with which anyone can use to subscribe to my newsletter. Email marketing is very important if you have a business online or offline.
If you are not building an email list, then you are losing a lot of customers, traffic, and clients. I am using ConvertKit for my private email list. You can see that today I have only 4 thousand subscribers although I'm receiving 264 thousand visits monthly. This is because I keep my list very active to keep a high open rate and click rate.
Menu
Through this big, simple, and attractive menu, I can point people to my other services. This means that I'm connecting my online businesses, websites, and services together. I will post on my YouTube channel how I created my website step by step so don’t worry about it. This is an indirect idea for making money online.
Main Menu
You can see that I am again pointing to all my other services like my academy, my blog, my service website, my eBooks, my SAAS services, and the giveaway page.
The idea here is that on my main home page, anyone can know what this website is about. Anyone can subscribe to my email list, so I can build my email list. Additionally, anyone can navigate through the menu or reach any of my services and other websites from the main menu.
How to use the Ideas for Making Money Online inside the website?
The website is like a navigational map to all of my businesses.
1. Academy
I built my academy with thinkific. If anyone clicks on my academy, they will be redirected to where I'm selling my online courses. An online academy is a form of a Digital Store that helps to make money online.
2. Blog
If you go to my blog, you will find articles, tutorials, something valuable that people will love to read and implement. Something that will help people.
On my blog, you will see that I am linking to my main website and other websites. I am promoting my online courses, my other paid services and my other websites as well as affiliate marketing.
If you open for instance any article, let's say one that explains how to install an SMTP server. in the image below, You can also see many links inside this article. These are affiliate links that anyone can use to buy an affiliate product, and I will earn a commission. This means that you can earn money online with affiliate links.
I am using CJ.com to check the numbers I am getting thanks to the commissions.
I am connecting everything together by posting all of my websites' links in my blog. It is dynamic because let’s say you are promoting only the blog, the blog itself will promote the other websites.
3. SAAS Business Models
If you go to my links “by h-educate”, you will have a list of services. In the link shortener, you'll have Link.me.
Link.me is SAAS business model. In short, it's a tool that people subscribe to on a monthly basis to use. Thus, selling monthly memberships is yet another form of making money online.
4. Freelancing
Back to my main website, if you click on services link, it will redirect you to my services website on which I provide my Gigs (services). I have a total of 6 services now, and will have more soon. So, here on this website, I provide my freelancing services. This means that I sell my gigs for the purpose of benefitting people and making money online.
5. Affiliate Marketing
You can go to my YouTube channel and check my videos. I have multiple affiliate marketing case studies and tutorial videos. Like I said before, it is all about promoting products for other people, for other services.
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