Week 5: Monetization Techniques Lesson Overview: In Week 5, we will explore various monetization techniques that can be used to generate revenue for your online business. This lesson covers different revenue models, including ad revenue, subscription models, affiliate marketing, and creating and selling digital products such as e-books, online courses, and membership sites. Learning Objectives: By the end of…
When you look at your competitors in the digital product space, you’ll notice that many of them are offering eBooks, video courses, memberships, and similar products. These options are proven to be successful, and we’ve explored several of them in this website already. But there’s another product that’s gaining traction: creating and selling apps. Not only are apps increasingly…
When you think about popular sales platforms like Etsy, homemade physical goods usually come to mind. However, there’s also lucrative opportunity to sell digital goods on these traditional platforms. In this article, we’ll delve into this unexplored territory. Here are the key questions we’ll address: – What kind of digital products can you sell? – Where can you showcase…
Looking for a unique way to boost your revenue? Consider creating a hybrid product – a combination of digital (for instant download) and physical (shipped in the mail) components. Imagine you’re selling a text-based course. You could release the course in parts over time, and then send out course materials like workbooks via mail. Now, you might be wondering,…
Introduction So, let me spill the beans on how to make your product business not just profitable but also successful. The key? It’s all about crafting a product funnel. Now, what exactly is a product, you ask? Well, it’s essentially a series of interconnected products designed to achieve the following goals: 1. Attract potential customers by offering them a…
Amazon FBA offers a convenient solution for sellers looking to streamline their operations by outsourcing storage, shipping, and customer support. This service is highly favored for its ability to allow sellers to concentrate on building their brand, marketing their products, and boosting sales. By enrolling in the FBA program, Amazon takes care of storing your inventory, fulfilling orders, and…
The gig economy offers a flexible way to earn extra income, individuals to work on their own terms. Many have even transitioned from traditional 9 to 5 jobs to focusing solely on their side hustles, leading to a comfortable living. Within this economy, the main focus is on freelance work, including one-time and contract jobs. With proper marketing,…
Why do you need this? You need a customer avatar so you understand to who you’re trying to sell—the perfect customer who will spend big, make repeat purchases, and promote your business to others. The avatar is basically an imaginary person who represents a segment of your market. When you create content, ads, emails, products, etc. you are…
2 Unusual Ways to Make Money Online There are numerous opportunities to earn money online, ranging from traditional methods like content writing and web design to more unconventional approaches. While it’s important to avoid get-rich-quick schemes, there are two distinctive ways to make money online that we will explore. 1. Making Predictions: If you possess a talent for accurate…
Many businesses are exploring paid models for their content, such as offering fee-based newsletters or eBooks. However, there are pros and cons to these approaches. Some organizations choose to offer both free and paid versions of their newsletters, with the free version containing basic content to entice readers to upgrade. But is it worth the effort? eBooks also present…
Let’s get nuts… You know… Cults get…
Starting a passive income business is an…
