Transcript

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hey how’s it going Aaron Chen here hope you’re well if you’re watching this
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video right now then you’re looking for some online business ideas okay so you
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want to build a business online you don’t really know what the options are
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over the next couple of minutes I’m gonna share with you four or five
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different business models that you can potentially build on the internet okay
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my name is Aaron Chen I’m an online entrepreneur been online for nine years
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eight of those nine years I failed miserably until I really figured out you
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know what I was doing over the last year I’ve generated over a thousand sales in
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my business and I want to share with you exactly how I did that and one of some
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of your options when it comes to online business okay so let’s talk a little bit
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about some online business ideas okay I’m just gonna kind of run through a
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four or five right and I’m gonna talk about what you know some of the
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advantages are and what are some of the disadvantages with some of these
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business models so the first business model really is ecommerce right
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ecommerce is really really hot right now you know if you’re watching this video
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its 2017 coming towards the end of 2017 even in 2018 ecommerce is gonna be very
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very popular it’s just one of those things where there are some very very
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good programs like Shopify and that’s why it’s become very very popular the
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problem with e-commerce is actually like a few other business models that I’ll
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talk about in a second it’s very competitive because everyone is starting
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to do it now it’s a it’s a hot it’s a trending you know online business skill
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set so a lot of people are doing it right now and because a lot of people
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are doing it when you go on Facebook and you know Google and stuff like that
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whenever you see ads for them a lot of these guys are selling ecommerce
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products right they’re building some sort of e-commerce store but the problem
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even though it’s very good if you can figure it out
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the problem with e-commerce is that if you don’t do it in a very specific way
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you’re gonna waste a lot of money on on buying traffic you’re not gonna get the
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conversions that you want you’re not gonna get a return on investment or ROI
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I like to talk about ROI right and so it can be a very very complicated business
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model if you don’t know what you’re doing okay so ecommerce is definitely
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something for I would say an advanced marketer so I would not recommend
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starting with e-commerce all even though it can be a great strategy
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if you know what you’re doing okay so that’s that’s the first option the
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second option is network marketing right so what is network marketing and network
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marketing which is also known as MLM multi-level marketing I’m sure you’ve
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heard of companies like Amway MonaVie Herbalife right these are some of the
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biggest multi-level marketing companies in the world you know it’s basically
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where the a lot of these companies might have some sort of product and you know
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what you do to sell those products or how you gain income is you recruit a lot
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of people into your downline as they call it right usually you start with
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your friends and family and then you move over to something else and you
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could traditionally it’s an offline business model but like me when I first
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started nine years ago I moved onto the internet because you can find a way to
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basically generate leads through the internet and then you can turn your
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offline network marketing business into an online network marketing business
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right and it’s really in theory it’s a great business because if you can
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recruit a lot of people and the product is very good you know your downline if
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it keeps building you can create residual income or passive income in
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your business and life right but the problem with network marketing is that
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you know it’s rarely the case and even if you figure out how to market online
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really really well you’re still just focusing on bringing people into your
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business and building your downline and that’s a problem because if it’s not
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product focused what tends to happen is a lot of these companies get shut down
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by the FTC or by by the government’s right whether you live in the US or you
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know the UK or Asia it doesn’t matter where you live mmm a lot of the time
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these guys are breaking the rules and some of these companies don’t end up
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being around for you know more than 2 to 3 years you know I’ve been in I’ve been
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in for MLM companies and out of the four two of them got shut down after just
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over a year okay so you know yes companies like Amway and Herbalife
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are still around okay so that’s that’s cool but if you just focus purely on
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recruitment recruiting you know people into your downline it’s it’s it can be
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very very challenging right and you don’t want to build a business where you
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don’t even know if it’s gonna be around morale right so in you know you know
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technically speaking it’s kind of a good business model but you know a long-term
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mmm it’s it’s a little bit you know so so so I wouldn’t focus on network
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marketing but that is also an option right for for building a business
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the third option I would say and a lot of people talk about this is blogging
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right so when you think of an online business a lot of people think of
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blogging and blogging is literally like setting up your blog and you can use
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websites like WordPress or Wix WI XCOM that’s very popular now Wix is basically
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a website where you can just go onto it and you can set it up as drag-and-drop
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you don’t even need to you know learn any code WordPress
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even though WordPress is a super stable platform it’s a little bit more
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old-school and you have to learn a bit of you know coding and stuff like that
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so you might need to hire someone to build your blog but blogging essentially
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is when you build your own little blog and usually you pick some sort of niche
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market to be in you know whether that is weight loss or internet marketing or
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gardening you basically pick a topic that that you’re very very passionate
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about and you start to write articles on them okay and as you write articles and
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you focus on ranking that blog on Google what happens is your articles will rank
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for particular keywords it will you know show up on Google when people that do a
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search it would drive people back to your blog and then once your blog starts
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to get lots of viewers and I’m talking about like in the hundreds of thousands
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per month right then you can start to monetize your blog by you know adding
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banner ads on the side or maybe you can have guest people come on and and you
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know they can pay you for for writing a guest article or you can generate leads
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and you know lead them to your own product you can basically do whatever I
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mean if you have a website that has thousands of people are thousands of
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eyeballs coming to your website every single month you can find different ways
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to monetize your website right blogging is great the problem with blogging is
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that because it’s so dependent on ranking on Google and Google changes
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that algorithms all the time your websites could be ranking today but
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tomorrow bang
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everything’s just gone okay so that’s why even though blogging you know again
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and it you know it sounds great and all but you have to learn so much about such
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engine optimization it’s ridiculous and because Google knows that everyone is
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trying to gain this system they’re constantly changing that algorithm so
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you know you might be ranking today but tomorrow all your articles are gone and
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your blog doesn’t even show up on on on Google anymore and that happened to me
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okay which is why I stopped using that strategy even though it you know if you
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do really well and you don’t mind learning all the SEO stuff it can be
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pretty good and a lot of people do blogging as well but again I think it’s
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pretty complicated okay so that’s another another option in terms of
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building an online business ideas. okay so what’s the last one right what am i
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doing well after all that time and you know building on you know trying all
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these different business models push-button software MLM top tier sales
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blogging you know doing all that I found that the best thing for me was to go
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back to being as simple as possible because I wanted to build a business
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where I wasn’t gonna get shut down or you know you know it didn’t I didn’t
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want it to be super complicated I didn’t wanna have to create a product because
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again you need a lot of lot of knowledge before you can create a product that you
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can sell for yourself right so what I settled with was affiliate marketing
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okay an affiliate marketing is basically when you take a product that somebody
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else has created and then you resell it to a group of people that are looking to
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solve a particular problem okay and you could sell affiliate products on
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anything you can go to websites like Clickbank or jvzoo and they’ve got
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thousands of products in every single niche area that you can think of whether
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it’s whether it’s a product about love weight loss getting six-pack ABS
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gardening you know Wine internet marketing there’s so many different
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things that you can sell products on right now the great thing about
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affiliate marketing is that it’s very simple you just pick a product you sell
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it if you if you manage to sell it then you earn a commission and usually the
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Commission is anywhere from 50% to a hundred percent sometimes okay the
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problem with a fillip Marketing is that on the outset it looks very very simple
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but in for you to get conversions where you’ve
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got positive ROI it can be very very complicated and that’s why it took me a
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very very long time to figure it out but out of all the business models that I
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just spoke about it’s actually probably the simplest online business you know
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online online business that you can actually start right because all you
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have to do is focus on one thing and that’s understanding and learning how to
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become a very very good internet marketer that’s it okay you don’t have
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to do anything else you don’t have to you don’t have to figure out how to you
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know create your own products you don’t have to you know go to China and you
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know find some physical goods and then you know fly it back to your home
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country you know to store it in your garage you know you don’t have to you
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know learn how to set up an e-commerce website you don’t have to recruit your
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friends and family it’s very very simple you just have to learn how to become a
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very very good marketer okay so that is the business that I decided
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to settle on right and these are some of the business models that you can
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potentially try okay so let me know what you thought in in the comments below you
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know have you tried any of this but these business models before and if you
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are looking you know to spend a bit more time with me and you want to learn how
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to become a very very good affiliate marketer okay then all you have to do is
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click on the link right below this video and there’s a little link right there
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it’s gonna lead you to my website all you have to do is enter your email
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address on the next page and I take you through some training on exactly how I
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built my affiliate marketing business and how you can copy it exactly for
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yourself if that’s what you want to do okay so let me know what kind of value
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you got from this video today give me a thumbs up please if you thought this
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video you know it was good at all okay let me know what you thought in the
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comments below please subscribe to my channel if you want to look for more
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videos like this coming out on a regular basis and I wish you all the best in
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your online business endeavors and I hope you enjoyed this video today about
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online business ideas okay take care of speak to you soon

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