An online idea or a website cannot be called a business if it cannot generate money for you. Monetization (or monetization model) refers to any strategy that can be employed or applied to a website or an online idea that can generate money from it.
For example if you build a website with the intention of making money, building the website and putting it there will not produce money. You need to implement or include something that will bring in money. A website can only act as a tool or vehicle to generate revenue. The monetization model is what actually brings in the money. The most common monetization models are those where you sell a product or service, or where you put links on your website from programs where you get paid if someone clicks on them.
Once you have your monetization model in place, the next challenge is to get prospective clients and customers to visit your website. The rate and number or people visiting a website is referred to as web traffic.
In online business, the more people you can get to your website, the higher the probability that you will make money. Different online businesses require different levels of traffic to be able to generate good profits, but it still all boils down to getting people to visit your website or click on your link. And the best way to get people to visit is by using various advertising and marketing strategies, free or paid.
How to Learn Online Business in Nigeria
A lot of people have been asking me how they can learn online business so that they too can start making money online.
Well, the best way to learn online business including all the knowledge areas like the seven branches and various monetization models is to get a mentor who knows what they are doing so that they will guide you as you learn. This will make things easier and faster for you. If you will like us to mentor you then you should register for the Master of Online Business Course.
You can get it from the following link (https://moneymaker.ng/shop/mob).
When on the page, Click on Buy Now then click on Next Step then fill your details (or log in if you already have a MoneyMaker account). Next select mode of payment (you can pay through bank or card online). For the exact process of buying things on our website visit https://moneymaker.ng/howtopay. Please try to read everything on the page so as not to miss any vital information.
Another way to get the M.O.B course is to join MoneyMaker.ng as a Silver Agent or a Gold Agent because as a bonus you will also get access to the MOB course and the Mini importation course and you also become an affiliate and can start earning commissions plus many other benefits so if you have enough money it is better to join as (or upgrade to) the Silver or Gold Agent but if you don’t have enough money then you can buy only the MOB now and later upgrade to Agent.
See the different MoneyMaker.ng membership plans: https://moneymaker.ng/plans
See how MoneyMaker.ng works: https://moneymaker.ng/howitworks
If you don’t have a dime and you want to make money online then you can start learning for free today using free resources available on the internet, just do a Google search for each of the foundational areas mentioned earlier in this article and you will find a lot of free articles, tutorials and resources on them.
Free Online Business Course: If you have not yet taken our 7 day free email course on making money online, that would be a very good place to start learning how to make money online. Click here to register for the free course