HOW TO MAKE MONEY ONLINE IN 2020
The 2 best ways to make money online in 2020 and beyond.
If you’re someone that’s watching this right now and you’re brand new you’re looking to get started making money online but you’re not quite sure where to start or what are the best opportunities for you to pursue in 2020 and beyond.
we going to help you with that, or if you’ve already got an online business you’re already making money online great we gonna help you discover what are the best trends and opportunities that can really allow you to grow your business even further by putting more time attention and focus into that.
so let me give you an idea right now of where the Internet is and where it’s going the potential the growth and the opportunity, right now today there are about 4.3 billion people that have access to the Internet that’s a lot of people but over the next ten years that number is projected to increase to 7.5 billion people, so essentially over the next decade there are an additional 3 billion people they’re going to have access to the internet that never did before and that means that that is such an incredible opportunity for someone like yourself and myself to take advantage of the internet because it doesn’t matter what you’re doing online.
if you’re selling on Amazon or Shopify or your Facebook page or Instagram you’ve got a youtube channel a podcast no matter what it is you is gonna benefit from all this potential growth automatically just by more and more consumers getting access to, the internet buying things online with all the technological advances that are coming whether it’s 5g technology which is already here but it’s becoming more mainstream it’s making a lot it a lot easier and faster for people to use and get access to the Internet to entrepreneurs like Elon Musk who are launching satellites into space so that the entire world can have access to high-speed, mean these are game-changers that when you’re part of the internet you know a rising tide raises all boats if you’ve got a boat in the water and the tide rises the internet increases improves technology advances you benefit from that so that’s why I’m so bullish on the Internet and the opportunities because I believe that the Internet has been the great advantage and breakthrough of our lifetime and starting an online business and learning
how to leverage the internet to make money from it is the greatest opportunity that we have and that’s why you see so many people today becoming millionaires and multimillionaires and billionaires Imean there are kids that are in their 20sthat are now becoming billionaires whether it’s a Kylie Jenneryou know leveraging Instagram and social media to you know Mark Zuckerberg and starting Facebook I mean it’s really mind-boggling.
The world that we live in today and the opportunities that present itself and it’s not that any of this is easy of course it’s hard work to build a business there’s a mindset there are a lot of components and being successful with anything, but if you’re committed enough and you put your time your attention your focus into learning the internet learning, how to build a business learning how to leverage internet marketing then it can truly change your life in so many incredible ways.
now let me dive into the four best ways the ones that I think have the greatest opportunity and potential.
First One is The E-COMMERCE
eCommerce and specifically selling on Amazon okay selling on Amazon Amazon is the largest online retailer in the world, in fact just actually the other day I was just reading about Black Friday the time of this video we just had Black FridayCyber Monday which are the biggest retail events of the year it says on theYahoo Finance US Black Friday shoppers stay away from stores make 7 billion-plus splurges online that’s not even including cyber Monday is just after Black Friday where people are more are known to actually buy online but the statistics and the data all shows and points to people buying less and less,
in physical retail stores, less and fewer people are buying from brick-and-mortar stores, they’re not buying from Walmart and Target and these you know this stores as much as they used to I mean if you think about it such a hassle to get out of your house put on your shoes and get in your car drive to Walmart you can look for parking and then you’re gonna walk through the aisles and you have to you know to check out the product behind the clerk and the whole process of shopping is kind of getting a more old-school compared to what you can do today.
from the comfort of your home you take out your phone you take out your computer you can you have way more variety of products that are available on Amazon, for example, you got AmazonPrime, you already got your credit card length you just fill out your shopping cart hit checkout and then before you know it the next day or a few days after that the products are arriving at your door, and Amazon I mean not only are they the biggest retail giant I mean if you look at Target Walmart, they’re investing more into their e-commerce to take advantage of it but Amazon is bigger than all of them combined and one of the greatest advantages of Amazon I’ll go more into the model in ways that you can make money from Amazon but with Amazonthey’re on the cutting edge of all the technological advances.
I mean in terms of their fulfillment center mean with robotics and artificial intelligence those are new advances that Amazon’sheavily investing into which makes it easier and better and faster and cheaper for someone like yourself or myself to sell on their platform they already have hundreds of millions of people that used amazon and they’re growing massively international you know with their ability to better ship products and get products from their warehouses to the consumer’s hands and doors faster they’re the cutting edge of so Amazon is a company that is only going up there’sonly more and more potential from AmazonI mean they grow about 20% every year.
it’s staggering the opportunity of it I mean when I look at almost everyone that I know that sells on Amazon or Shopify or online in general there their numbers are going up year after year.
because as Amazon grows you grow you benefit from that so as I said arising tide raises all the ships soAmazon I think is one of the best opportunities now when I look at Amazon what is an Amazon sell Amazon sells books and everything else, alright so they started as a bookstore online but they’ve branched off to selling pretty much everything you can possibly think of is on Amazon.
so the bigger opportunity on Amazon is private labeling products selling physical products so, for example, the process of that but it’s deciding on a product that you want to sell in Amazon that has high potential demands and then what you do is you find a supplier that’s manufacturing that product whether that supplier is in the United States whether it’s in China whether it’s in any other country around the world and you have the manufacturer product you put your own packaging your own label on that product installed private labeling if you can make the product better you should if you can make it improve it, of course, you always want to do that or differentiate in some way but you then get that product made overseas you ship it to the UnitedStates or whatever Amazon platforms are selling it could be in Europe it could be in Canada it could be in Australia.
but you send it to Amazon’s fulfillment centers and then you set up your Amazon listing and now you have your own real estate on Amazon’s website do you have your own product listing with images the price reviews all of that, and then you learn how to how to rank your product on Amazon you can run Amazon ads there are so many strategies available on how to sell your product but Amazon does a lot of the heavy lifting for you because they take care of the fulfillment for you and they even help you with the marketing of your product.
so Amazon is not going away the opportunity of it is huge ok with physical products, as well as books ebooks, are great as well when I look at books whether you want to write books yourself or hire a ghostwriter to write for you or partner with other authors you, can publish Kindle books, you can publish paperback books, or hardcover books or audiobooks right I mean audiobooks, is it’s got huge potential because more and more people they can see the content through audio write podcasts and audiobooks of that nature so there’s so much potential in Amazon I think that’s one of the greatest opportunities that are you know that has been for the last years but continues to grow I don’t see it slowing down there are many opportunities for someone that brand-new because there are so many types of products that you can sell, and there’s not enough competition in my opinion, because there the amount of demand that consumers have on Amazon far outweighs the number of competition there that there.
is so Amazon is great and I think Amazon is the most powerful platform for e-commerce but also leveraging Shopify which is creating your own online store you don’t get the same benefits at Amazon does for you but animals but Shopify a lot gives you more control over your brand and your products so starting on amazon and then transition you to Shopify I think that is one of the best strategies out there in terms of building a business creating passive income and creating the life that you want so that’s number one.
Number Two Would Be MARKETING AFFILIATE
marketing affiliate marketing is my favorite way of making money online, and affiliate marketing is always going to be relevant and always have the opportunity and potential because affiliate marketing is when you promote other people’s products.
now all of these companies that sell online whether they sell on Amazon they saw on Shopifythey’ve got their own course their own digital product no matter what it is the number one challenge that every company online has is selling their products, they want to get more sales right they want to increase the number of buyers and customers that they have and so that’s why all of these companies out there including Amazon they have affiliate programs, an affiliate program that anybody can join their free to join so for example if you want to join amazon’s affiliate program you can if you want to join an affiliate program for most products out there you can, andwhen you join their affiliate programthey’re gonna give you a percentage outof every sale you generate for them,sothey give you an affiliate link you canuse that link under blog on your YouTubechannel your social media you knowyou’re running ads or whatever it is youcan use that link, and when you gen whenyou drive traffic and people click onthe link and they buy the product youearn you earn a commission from that.
you know it’s pretty awesome because you didn’t have to create the product you didn’t have to invent it you don have to take the risk, you didn’t have to invest in inventory, you didn’t have to build a team, and have customer service and all the expenses that are involved in creating and selling a product, as an affiliate marketer you can just promote someone else’s product by sending your affiliate link or whatever it is and you make Commission’s from it so affiliate marketing is one of the best ways it’sone of the easiest ways to make money online and get started because you don’t have to invest as much time or money or take as big of a risk as selling your own product.
okay, so I love affiliate marketing gives the opportunity to promote any product on amazon that you want as an affiliate earn a commission from it and there’s a lot of products you can sell that are higher ticket specifically online courses where you can earn a higher commission from, you can earn a higher commission from that and it’s great.
so affiliate marketing is always relevant because every company is always gonna welcome affiliates I always want people to help them sell and promote their products and they’re more than happy to give you a commission from that affiliate marketing is great it’s one of the best opportunities, and often what I look at to this might be a bit more advanced I look at how you can combine them together because listen if you’ve got a product you’re selling on Amazon your own Shopify store whatever, you’re collecting the buyers and customers, and ultimately your goal of that is not just to have a one time buyer a one time consumer but someone that is gonna buy from you again and again so you always want to build an email list of your buyers and customers whether that selling on Amazon or Shopify, but they’re always a back-end component to every business because it’s a lot easier for you to profit from customers you already have, then going out there and acquiring new customers.
as the customers you already have they’ve already bought from you they’ve already raised their hand they’re looking for help they already trust you because I’ve already purchased from you once and you’ve delivered for them a great product it’s a lot easier to for you to profit from them by focusing more on how to serve your existing customers and one of the best ways to do that is through affiliate marketing because if you have an email list then you can promote products to them and share them sure more additional products that can help serve them that you could be an affiliate for that you didn’t have to invent or create yourself and you can earn commissions from that.so I always look at how you can combine them together right how you can leverage affiliate marketing with physical products combine the two together to increase her back end and ultimately the long-term value of your customers.