The internet has completely changed the way that people look at making money. It’s all too common to see a new method promised to be better than the last. In the last few years, we’ve seen drop shipping, digital marketing, re-selling, and freelance working as the best ways to make money whether this be passive or active.
This goes to beg the question: are there any better ways to make money more effectively with little to no effort? Whilst this may be partly true, the answer is what you’d expect. To put it bluntly; the answer lies within the product or service you want to use to create your own success story.
Use your own knowledge and interests
This may sound generic, but allow for some consideration at least. What tends to be missing in a lot of products or services offered is the passion that drives a success story. If you’re unsure of your product or don’t necessarily believe in what you’re doing, you need to make a change and shape this into what you personally feel is right and something you can support with immense passion.
As with many things, people can get bored, tired or burnt out of promoting a product or service there’s no real belief in. In reality, any type of business or service goes through the first stages in a growing stage, where the product hasn’t reached potential, the clients have not been convinced just yet, or the service simply hasn’t got the reach needed to get that push in the right direction.
In any case, you need to set goals for the business. This can be anything you feel is scaled well, such as followers on social media, to getting good reviews from your first few customers, or anything you feel is appropriate to your product. It’s vital to keep in mind that you’re not expected to blow up within the first few days, weeks, or months no matter how ideal that is.
That is to say, whether you’re looking to start a fan-club, writing company, sports blog or new dropshipping idea, it’s essential to keep the basics first and build from a solid foundation. If none of these ideas interest you, you can explore crypto options here, as things begin to hot up again over the spring and summer. Doing so, set some short-, medium- and long-term goals for your ventures. This will ensure that you always have the drive to achieve the next goal, then the next.
Don’t forget to celebrate each goal before replacing it, each one should be as important to you as the next and if you don’t or can’t reach the goal, replace it and drive to meet the next one.
Often for many, shortcomings are seen as failing, this isn’t the case whatsoever. If you’re under the impression that some of the biggest companies in the world, Apple, Microsoft, Google; all of these companies miss some of their goals. This can drive people away and often results in another good idea dropped in the mud. This article is a prime example of some of those companies not meeting goals, albeit regarding carbon emissions, this is still a public failure for some of the largest corporations in the world. Failure is often room to grow and innovate new ways of doing so.
Incentives are key
Over the digital age, we’ve been able to see almost every incentive under the sun. First, you’ll need to identify what is logistically possible for you to offer, something scalable, yet attractive for the customer. For example, if you’re running a dropshipping store and are struggling for sales, you can have an incentive of a limited-time discount, or a voucher for existing customers for leaving a review. The possibilities for this are extensive and time-sensitive promotions have always been a great tool in sales.
Making the extra effort with your early customers is essential. You can think of these as your very own marketing tool and while the internet can provide you millions of customers or clients, the word of mouth is still incredibly powerful. Should you follow up with a customer, asking how they found their product/service, they’ll see you and your business as customer-focused and will most likely spread the good word to their friends. Don’t underestimate this as a tool for success.
There’s a plethora of ways to start your own business, the internet has made this process infinitely easier and the best example of this is dropshipping businesses, mostly hosted on Shopify. Shopify essentially began the dropshipping hype, with the best example of this being GymShark, which began on Shopify, using in-house suppliers for their apparel which later down the line changed to their own supply lines. Check this article out for a great example of a man-turned-millionaire through exactly that.
