7 Mistakes To Avoid If You Want a Successful Online Business. page 4
There are a number of different online business models that you can choose from. Some examples of
this are:
• Affiliate marketing
• CPA marketing
• Selling your own products and services
• Freelance services
• Dropshipping
• Dropservicing
• Amazon FBA
• Your own ecommerce store
• Self publishing
It is critical that you choose the right online business model that suits your circumstances. To open
your own ecommerce store or participate in Amazon FBA you will need to invest some money to
purchase stock to sell. Do you have this money available? If not then you could borrow it but you are
taking a risk here.
If you do not have a lot of time available then creating and selling your own products and services is
going to be tough. You can outsource the creation of products but you will need to spend a fair bit of
money doing this.
Do you have a particular skill that is in demand? Here are some freelance services that are always in
demand:
• SEO optimized content writing
• Copywriting
• Graphic design (logos etc)
• Programming
• Web design and development
• Creating mobile applications
• Search engine optimization
• Social media marketing
If you have any of these skills then you can market them and make good money online. You will need
to be disciplined if you are going to do this as your customers will expect work of the highest quality
delivered on time.