The title of this article was click bait. There’s actually over 1000 steps to generate even a single cent online, and let me tell you – most of them are hard. Despite this - it IS possible to make money online, and it’s even more possible to enjoy every step of the journey. One of the less complicated internet business models is the good old fashion – Online Store.
It’s a straight forward process of identifying a product to sell, purchasing the units on mass, listing them on your website and then shipping it to the customer. The reason why this business model works, is the same reason so many offline stores work; People buy stuff. People buy stuff all the time, and will continue to do so for ever.
There are countless blogs, experts and books available that will show you how to set up a store in the most cost efficient way and the ‘best and only method’ and of course the good old fashion ‘guaranteed success’ model. The truth of the matter is, the only way to make an online store succeed is hard and smart work.
In saying that, a good go-to resource that has a fantastic list of companies to use for all things digital is: http://startupbros.com/resources/
These guys literally spend their lives helping people start their dream businesses buy providing them the tools and direction to help everyone on their own unique online business journey.
So, without further ado, here's the 6 steps which I personally tell people when I’m faced with the question: How Do I Make Money Online?
It's this interest or passion that will ultimately push you through the hurdles towards your ultimate goal. Countless people give up on their ecommerce stores because they just lose interest. It’s the genuine passion for a product or industry that powers individuals forward to drive a successful business.
to grow your business faster than you could have ever imagined. People DO change their lives online all the time. Know this. Use some outside-of-the-box thinking. Research clever marketing ideas, sneaking ways to save money in your dispatch, high consumer spending habits, emerging economies. Utilize the amazing pace and reach of today’s technology to help explode your business as fast as possible.
The reason why Online Selling sometimes fails, is because the sellers gets over it. They have to manage too many processes and it doesn't work out to be a very good $ per minute rate. Systematize and outsource as fast as you can. Once again, refer to the above link to Start Up Bros to find some nifty ways of automating some very fundamental processes.
Is to simply sell what people (the masses) are searching for. Don't spend hours of time guessing, researching and trying to predict product trends while unsuccessfully trying to avoid your unconscious bias. Just because you like a product, it doesn’t mean the majority of people will. Use Trendosaur to see what the next top selling product will be and stock up on it. In January 2014, Trendosaur helped one of its subscribers in England discover the selfie sticks about 2 months before the craze blew up. The subscriber imported them on mass and made a whopping £55,000 Revenue in one month. (Profit was about a quarter of that)
Who have done it before. Contact online store owners through their customer service lines. Ask them questions about how they grew their business. No one is hiding anything in this game. People actually like to boast about exactly how they did it. Generate as many conversations as you can and you’ll find that people will give you a surprisingly generous amount of their time and knowledge if you show them respect.
Meaningful interpersonal relationships do. (Nothing to do with creating an online income I know, but I just wanted to throw it in there).
Listen and give to all those around you and the world will become a better place.
Peace and Love Baby!