Learning Online Business

Guide to success for starting an online business from beginner to manager

Sponsored by Eonads

Online business is getting sexier, people say. But in reality, there is rarely anyone who knows the principle.
If we look for information on Google about how to start an online business, most of us find websites that offer paid membership.

Then we are told to recruit other people. It sounds like MLM, but online.

That is not business, we are tricked by others so that we give money and work for them.
Now I will open your eyes. I will teach you a REAL online business.

Let's start...

Just like an offline business, online business is not just one type. There are several branches or paths that you can take.

The principle is the same ...
... provide products/services, then make other people come to us.

Be careful if someone offers a magical business that generates hundreds of thousands of dollars instantly ... It's a scam.
If in the offline business it is impossible, in the online business it will also be impossible.

There is only one thing that distinguishes. If in the offline business, we make shops, offices, restaurants, stalls, and so on. Meanwhile, to run an online business, we create a website.

Choose online or offline? This is the consideration.

Although the process is the same, because the media is different, of course, there are certain considerations before starting.

Not everyone fits into an online business.

Maybe after reading the following, you will prefer to run an offline business.

The pleasure of running an online business:

  • The system runs automatically when it is built
  • The market potential is greater than offline
  • Can be started with a lower effort and cost
  • Not bound by time and place
  • Compared to offline businesses in the same model, their income is relatively greater
The following is not a shortage of online businesses, but things that usually make people disappointed with online businesses:

  • The process is the same as an offline business: making, marketing, and selling products
  • Many people are too quick to give up (because they want instant income)
  • You still need to work hard, online business is not magic that can make money while you sleep
  • Not a passive income as many people talk about
There are 5 types of business models that are most often run online.
Certainly, not only these five models but usually other online business models are derivatives or branches of one of them.

Now we will discuss one by one.

In addition to the explanation for each type, I will also discuss whether the model is suitable for you or not.

1. Selling products/services online

This is the easiest, everyone must understand.

The difference with an offline business, you will sell products/services through the website. It can be from your website, social media, or online markets such as Amazon, eBay, etc.

Because this is clear, I will not discuss it too much.

This business model is suitable for you who:
  • Already know the products/ services to be sold
  • Already have an offline business, want to "expand" into the online market
  • Do not have large funds, or do not have funds at all
  • Need direct income
2. Become an ad publisher

Ever wonder, why on the internet are many blogs and websites that provide information for free?

Because they put advertisements.

There is one of the largest ad networks, called Eonads. That is often used by website owners.

The process is like this:
First, we create a website that provides information or as a community forum, then we invite others to come to the website.
After the website is popular, we register at Eonads.
If it is accepted then we get a code that can be copied and pasted onto the website. After that, the ad will appear automatically.
Every time a visitor clicks on an ad that we post, we get a commission. The commission varies between $ 0.01 to $ 5 (even more) per click.

This business model is suitable for you who:
  • Want semi-passive income
  • Want to run a potentially large side business
  • Like to write
  • Not in need of fast income
The most commonly used type of website is a blog, so to be a successful publisher, you must like to write.

3. Make a subscription service

This business model can take many forms, the similarity being in the payment system: subscription.
So, customers pay a routine monthly or annually.

Here are some examples of the form:
  • Blog with premium content
  • Forum with paid membership
  • Paid software/app
  • Courses, consultations, or other subscription services
  • Digital magazine
This subscription service business model will be increasingly popular going forward. Even now almost all software / app-based businesses have a subscription system.

This business model is suitable for you who:
  • Have or can make their products, or...
  • ..can provide added value from existing products
  • Need a stable direct income
4. Referral/CPA/Affiliate marketing

Affiliate marketing is a business model where we promote other people's products, then we get a commission every time it is sold.

Also called referral marketing or CPA marketing.

Besides advertising, this is the most popular among bloggers.
The reason is that their income is (far) higher than advertising and they don't need to bother making products.

This business model is suitable for those of you who:
  • Want semi-passive income
  • Not in need of fast income
  • Do not have many funds to start
Most people who start affiliate marketing usually rely on blogs, so learn how to create and develop a blog.

5.Build a startup

A startup is a new business built on a completely new work model and process, not imitating any business that has existed before.

So, for example, you start a business in the form of an online store that sells clothes, that's not a startup. Because the model is common.

But if you make an app to book a taxi from a smartphone (like uber), it's a startup.

This business model is suitable for you who:
  • Likes to innovate and accept new challenges
  • Want to make something big, even change the world
Although startups can generally be started without funds and not directly earning income, you will need investors who are willing to fund.

That's the 5 most popular online business models today.