4 Ways to Make Money Online
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Similarities between online business and real estate
The real estate market is called real estate market in English. When interpreted literally, it is interpreted as'substance + land + market'. As you may know, the key to the real estate market is location conditions. Therefore, choosing the right location is the key to sustainable real estate profits. No matter how beautifully built, if the site selection is wrong, the construction project will be destroyed, and the investment amount, let alone profits, will not be recovered, resulting in bankruptcy.
On the other hand, if you are in a promising place with a large floating population, even if it is a collapsed building, or even an empty land where no buildings have been built, its value will increase day by day, and you will be able to use numerous startup items without much trouble. Of course, it is a fixed order that sustained profits follow.
Likewise, online business has a structure similar to the location conditions of real estate. A website is like a real estate on the Internet. The position of the real estate market is the place my website occupies in search engines. In other words, if your website is ranked #1 in search engines with a specific search term (a lot of monthly searches), you're guaranteed a mathematically predictable continuous return.
Of course, you have to go through stages such as product development and optimization of the purchase conversion rate, but the'money-making system' comes from its positional competitive advantage online. This positional competitive advantage can be learned by anyone. In that sense,'online business' is a land that must be conquered in order to earn continuous income, straightforwardly speaking.
The infinite possibilities of Online business
The website is real estate on the Internet. This is because if you have a competitive edge on the first page of a search engine, the value will continue to increase. As you can easily see in websites that auction websites like FLIPPA, you can see that many sites that are well-selected even without a substantial profit model are trading at high prices of over $100,000.
Going forward, imagine that you own a website that is not only well-positioned, but also has an independent, sustained revenue model. And by applying the model,'Online Business No. 1, Online Business No. 2, No. 3, No. 4… 'Let's imagine that we can expand the market. Not only can you escape the confines of '9 o'clock work 5 o'clock work', you can also become the owner of real estate on the Internet, that is, online business.
The range of markets to which the revenue model can be applied is in the United States, Europe, Asia, and beyond Africa, to put it simply, there is no limit. This is because the website is connected to the Internet, a single network that unites all countries. And the business model isn't limited to just affiliate marketing.
Affiliate Marketing, the fastest and easiest business model
It is called affiliate marketing in Korea, and most bloggers are already implementing or will be starting this business model. Relatively reliable services include Link Price and Leaders CPA, and, unlike overseas click per sale (CPS) services such as CLICKBANK, they focus on CPA (Cost per Action).
The advantage is that you can experience affiliate marketing in Korea as well, and that you can easily start using Tstory or 4 major portals (if you take into account the ambush of low-quality blogs). The downside is that due to the nature of the CPA network, you must make a contract with the customer and vendor we recommended through blogs to receive profits.
In other words, even if the sales between the customer we referred to and the company actually do occur, the performance may be missed for various reasons. These things happen frequently both abroad and domestically.
AdSense, business model using click advertisement
AdSense is a really good business model. Many bloggers are already making money by introducing AdSense into their blogs. However, the return rate of the domestic AdSense market is not very high, and if you use the well-known domestic blog marketing model, you need to continuously upload one or two articles every day.
Even after going through this process, there is no guarantee of great returns. Because the platform that many marketers are all-in on is not their own real estate. High profits cannot be guaranteed with blogs that depend on the four portals or other services. However, if you create real estate on the Internet with your own specific keywords detected through scientific big data analysis, AdSense can guarantee continuous high profits. Of course, there is no need for heavy labor of writing quality articles every day.
The advantage of internet marketing is freedom and choice. It aims to improve the quality of life, ultimately enjoying financial freedom and adjusting my own time. If you are tied to writing every day and have to constantly write, your life will be no different from 9 to 5 pm
Email marketing
Email is a really important marketing tool. Sending emails to customers is like sending excellent salespeople directly to them. The higher the success rate leading to sales, the better. As the saying goes, Money is in your email list, email marketing is a really important and important business model. Those with experience working in sales companies will be familiar with the importance of sending direct mail.
However, not many people make big profits from regular email marketing. Because the people filling up most of my email lists aren't loyal customers who are impressed with my service. In general, email marketing in Korea is considered the same as spam marketing. It's a sad reality, but it's accepted as an industry orthodox.
However, there are best ways to make customers impressed by our service and waiting for the emails we send. The secret is the'trust' that is gained by providing the content that customers really need. In other words, we build trust through our own online business, and make readers willing to enter emails into our email list voluntarily – by the needs of our readers.
Linkage with offline business
Based on statistics in 2014, sales generated in Korea through online business amounted to KRW 1200 trillion. On the other hand, the market size of offline business, which has not yet taken advantage of online, is eight times that of online. In other words, online business is like a gold mine that has not yet been discovered.
If you have an offline business that you are running, or if you have a business item, you must consider how to link it to an online business. It is a fact that everyone knows that selling products (whether products or services) only offline and selling them online is a different dimension in the number of customers you can handle.
Spending our time and life to make someone's dream come true without stepping into such a land of great opportunity will be the biggest RISK in life. There are always two paths in front of us. It must be entirely our right to decide which path to choose, right? I hope that everyone who reads this article will be able to discern your inner voice and become an Entrepreneur who will realize your dreams.
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