10 WAYS (Business Models) 10 TO MAKE MONEY ONLINE.
In my experience when many people want to start doing business Online or Offline. The doves think of one or two ways.
Buying Products from a Spouse or Making a Product and Selling it in a store or in excess online via a few Instagram or Facebook websites. Today I have brought you another 10 Business Models.
Going back to the Articles I wrote last time. If you haven't read it yet, please read it and then return to finish this article. Today I will give an example of one business idea where you can use more than 10 different (10 Business Models) methods to make money.
Why do we need to learn about these business modes? Everyone has their own way of life, skills and interests. For example, you are an employee going to work in the morning until one o'clock in the evening. If you want to do some kind of business it will be hard for you
There are people who do not like to live in the same place (shop), others like to use the internet, they are slow to write, talk, teach, etc. There are people who have business capital and others do not. All of these will help you choose which business model to use to start your business.
My examples today I will use the same area of Health. This area is most profitable because No matter what status a person has, they will need to be happy and healthy and one is ready to buy a product or service that will help them achieve that.
Remember you do not have to be a professional or an expert in this area to be able to hit the ground running. You can share your own experience, do research and share information obtained from other sources, you can interview an expert, etc. Read more below.
The Health Zone is a very wide area. Suppose for today you have chosen to deal with Weight Loss. This area can also go further. Weight loss for busy people, Weight loss for men / women / children / the elderly, Weight loss for diabetics, etc.
Most people who see an opportunity like this will want to rush to find or create a product / solution that solves the problem then the person is facing obstacles such as capital, location (eg I am in the village), time to do business, Skills, (insert other barriers here) etc.
For us online traders in this area of health. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo. There are options (Business Models) that you can use. Using one example, Weight Loss for Women
1. Create a YouTube channel in which you grow up offering a wide range of tips specifically about weight loss for women, There are many contents you can post, exercise tips, diet types, what accesorries to buy for example smart watch, interview local experts.
How to Make Money: Youtube Ads, Advertising Advertisers eg people living forever living, Affiliate Products links (I'll talk about below), Sell those products you recommend on your channel, Sell ebook, etc. This requires you to have many viwers to make money.
2. eBook: If you like to write. Write a book about that topic. Weight loss for women. Then sell it online. The beauty of this Business Model is its low cost and high profit and you have no limit on selling your book only in Tanzania. And you can sell it forever.
3. DropShiping. This is a business model in which you grow up with an online shop where if the customer needs a product he pays you your money you are going to buy that product at a lower price elsewhere then the seller sends the customer directly without the product coming to you. (Lesson for another day)
4. Affiliate Marketing: In short you are growing up selling other people's products but not like dropshipping. You get a commission% When everyone buys the product at the store
5. Professional Blogger: This is like Youtube but create your own FREE blog in which you grow up giving various tips specifically about weight loss for women, then you will make notes for ads, etc. (There are about 10 ways to make money for a blog. Next time I'll explain)
6. Membership Website: This is a webiste you are developing which you are selling membership. Specifically for women who want to lose weight. There you will find various tips and training. example slimmingworld.co.uk This can be done even with whatsapp / Telegram group.
7. Nutrition, Workout & Meal-prep Plans: These are exercise plans or weight loss exercises. You create and sell them either on your website or on whatsapp. Example nutrisystem.com Possibilities are endless here. Only you and your creativity
8. Coaching / Mentoring: This may be online exercise instructions, etc. For weight loss for women. For those who are professionals and experts in this area this area is suitable for them.
9. Subscription Box: This grows as a membership person registers and grows up paying let say per month you grow up sending him some weight loss pills every day. (It can be a mess or anything, BE creative)
10: For those who are accustomed to selling physical products here you can sell Weight Loss Suppliments, Equipments, Accessories like Smartwatches, Sliming Tea, Sliming Belt (Dumb Product), etc. Do research ach laziness
BONUS TIPS: You can be a Women Weight Loss Influencer. Also you can create a weight loss app if you are good at codes or pay someone to do it for you example loseit.com
NOTE: I’ll be frank and tell you that your options are limited if you have absolutely no money to invest in an online business. However, its possible to start from nothing, and some of the business models that I have mentioned in this guide costs almost 0 $ to start.
Lastly this is not a get rich quick scheme. It needs dedication and hardwork. Also those business models above I just touched on. Try wasting your time on YouTube, Google digging more. Thank you for reading.
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