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hey guys it's me series Venice editor , at wholesale kids and in this video I'm , going to give you six online business , ideas so that you can create your own , small digital business now close my , subscribers here hope it can probably , guess what some of these ideas are going , to be but I think even my subscribers , might be surprised at some of these , ideas especially idea number four the , great thing about lot of these ideas , is they require very little startup , money if you're willing to Putin the , works then you can create your own small , online business as well and has actually , got a special gift with me on this video , today marvelling Mussolini is a , multi-millionaire who owns several , successful digital businesses he is also , the co-founder of Soho which is actually , how I met him and plus he's also a New , Zealand er like me so be aware he also , has a funny accent now there are two , people that have massively influenced my , life it was here to change my life by , teaching me the world of e-commerce and , it was Mark to change my life by , teaching you the world of affiliate , marketing so I'm really excited to have , them on video today alright let's jump , straight into it idea number one start a , YouTube channel lot of people ask me , this exact question Sarah if you're a , successful online seller why do you even , bother having YouTube channel well , I'll tell you why it's a form of income , diversification would very quickly , barely on that income diversification is , very important which is one of the , reasons why I teach multiple business , model son this channel and'm not gonna , lie it's pretty profitable every month , this channel makes tens of thousands of , dollar show well let me tell you now it , is not from Asuncion fact as you may , or may not have noticed we actually have , Administered off so we get nonsense , money at all YouTube Ad sense usually , pays around$1 to $2 per thousand views , in the previous four weeks hopes , appeared had$W reviews if we had , essence oven that means would have , made between two hundred seventy eight , dollars to five hundred and fifty six , dollars we'vie also recently get emails , from people that want to do sponsor ships , on this channel as how you , I always turned it down yes I do promote , and Ire commend product son this channel , but'vie only promote andiron in , products that I use and I'm not going , to sell my soul for two hundred and , fifty dollars given that those are the , two common ways to make money on YouTube , how are we able to make tens of , thousands of dollars every month with , less than hundred thousand subscribers , and the answer is sim pleas through , affiliate marketing no map is going to , give you a deeper explanation as to what , affiliate marketing is very shortly but , let me give you a quick rundown , affiliate marketing is when you promote , someone else's product and if somebody , purchases the products because of you , then you get a commission pack on sale , and this is usually tracked through a , unique URL which shows that the person , bought because of you for example on , this channel we have video which shows , you how to use gentle Scout to find , great products to sell on Amazon and in , the video description of that video we , have an affiliate link to jungle scout , and this USN't some big secret in the , video give a very clear disclaimer did , the link in the video description is an , affiliate link but it comes to affiliate , marketing honesty is the best policy why , well because when you recommend a , product and you're getting a commission , cut on sale at the customer purchases , that because of you then obviously , they're going to become skeptical are , you just recommending it for the money , for don'tube dishonest and create more , distress by hiding the affiliate link , and pretending like Yaren't getting , commission cuts of sale be upfront and , honest the other way that we create , trust is that we show how we use these , tools in tutorial form so that others , can see that they are genuinely helpful , that they are useful and that they a , worth purchasing not everyone will use , your affiliate link but if you provide , genuinely useful advice in your video , then a lot of people will use your , affiliate link as at hank you sort of , time and effort that you speak creating , it another way that we build trust is , that the majority of our videos don't , even use any tools or have any affiliate , link sin the description we only use , tools if they are relevant to the video , we focus on providing genuinely great , content and it's funny if you focus on , creating great content for the viewer , and you treat money ass secondary , concern and once you guys find is that , you're going to make more money because , when you do recommend products people , are actually going to trust you and that , is actually great lesson for anyone , who is starting business if you start , business on the basis of helping , people rather than cheating people , you're going to go much further if you , go Meccas people add some money in sure , maybe you'll make quick buck but they , will go and tell others and your , reputation will be trashed but if you , sell and Brittany products that genuinely , help people and sexy problems in not , only will they go and tell others that , you'whelped them but you will also , create repeat buyers but I digress the , point here is that if you want to start , a YouTube channel do not start it with , the focus being on getting money through , Absence through sponsorship sand , Sears look for more lucrative ways to , monetize and usually that means that , you're either going to be selling other , people's products through affiliate , links or if you're even more about you , can sell your own product sand of course , don't make crappy videos that are just , designed to sell that there are no , shortcuts here you have to make good , videos all right let's switch over to , mark so he can tell you more about , fill ion marketing idea number two become , an affiliate marketer thanks Sarah yes , affiliate marketing is hugely profitable , I make tens of thousands of dollars from , affiliate commissions every month here's , screenshot of just one of my click , bank accounts and as you can see that in , the past four Weeks'vie made over , $W,W and in just three months , generated over forty-seven thousand , dollars from Commission's selling a , product that is in the supplement niche , so what does affiliate marketing Sarah , touched on this briefly but I'll explain , it a bit more now affiliate marketing is , when you don'thieve your own product to , sell and instead you sell someone else's , product and when you make a sale you get , a commission for it so sales attracts , through unique URL when someone clicks , on that URL they get cook eat that , cookie then tracks them and it means , that the merchants can tell if somebody , bought the product directly after , clicking their link so what this means , then is that you don'tend to , a product of your own to sell you can , actually start making money online by , selling other people's products what it , means is that you just need to focus on , generating traffic from people who might , be interested in buying the products , that you are promoting now Sarah has , already explained how having a YouTube , channel can be one really great source , of traffic but there are lots of others , out there too , some examples include Facebook , advertising Google Ad Words 3 search , engine optimization traffic having your , own email newsletter list social , platforms like Instagram or Pinter est , and more and you'vie got two main options , the first is that you can direct your , traffic directly to an offer for example , Sarah directs people directly to buy , jungle scout in her video and sometimes , like in the case of that example it is , best to do that but usually it's best to , actually direct that traffic to a , freebie offer like a Reebok let's , say then that you were really into , organic gardening for instance so you , decided to promote products related to , this what Would recommend you do is , create Reebok to help people who , are also interested in this so it might , be something like the 7 steps to , creating an organic garden then when , people get their free abjure them , that they give their email address and , that they opt-in to receive your , newsletter series so in this newsletter , series you should send them lots of free , helpful information about organic , gardening to prove that you're an , authority and that they can trust your , recommendations then to build a , relationship but you should also use , this newsletter furies to recommend , great products that are related to , organic gardening that you think that , your subscriber swill like and find , helpful and of course when you do that , you can use your affiliate link by , instead directing traffic to your free , book you'll you'll capture their email , addresses so that you can remark it to , them again and again instead of just , one-off which is why this method is so , powerful and so lucrative idea number 3 , reselling items online , method is really simple it simply goes , going out there and finding items in the , real world that are really cheap and , then reselling them on sites like eBay , and Amazon for example this is Pokemon , leaf green version which by the way , includes the Game Boy is font wireless , adapter which is let's pick Co now I , picked this little bad boy up Angara's , out for about $W now if I were to , resell there on the New Zealand version , of eBay which is called trade me I could , get you from to $W for it , NOW don't do this business model , anymore but I like to keep these video , games around for nostalgia because this , was my first foray into online selling , now if you go Tao thrift store to , Jericho to Grisliest and even to buy , and sell Facebook groups you'll often , find items that are priced lower on , there than their going price on eBay and , Amazon if you want to get even more , sophisticated with this method you can , do something that's called retail , arbitrage this business model is when , you find items priced lower and retail , stores any going price on Amazon you , then gonad buy awfully stock and their , retail store and then ship it in to , Amazon for example here in New Zealand , we have some candy called pineapple , lumps now I can go and buy this at a , supermarket for $2.NOW that'sin New , Zealand Dollars if you convert that , teenage base dollars it costs just 2 , dollars and sixteen cents but on Amazon , they are selling for over $8 in u.s. , dollars these days notice , that I specifically mentioned Amazon to , retail arbitrage and not for eBay and , this is the two reasons once there is a , great culture of buying brand-new items , on Amazon than there is on eBay so it , means that the prices are usually higher , and so amazon has an amazing program , called fulfilled by Amazon this means in , that you can take the items that you , purchase ship them into an Amazon , warehouse and then they will pick pack , and ship out the item to the customer , when they order Ito used to do retail , arbitrage my stuff when Iowas younger , it's something that I no longer do , anymore explain why in my video that , is actually called why I quit retail , arbitrage the main reason is because , fact that it's Nita salable method , since you always need to be sourcing , item sand those because of the fact that , you're usually sourcing discounted stock , from the store so you live Ina , week-to-week which items are going to be , discounted in a store but even though it , wan'trig ht for me that dozen'change , the fact that if you scale the Smiths , that as far as it can go you can still , build six-figure business and it , actually really easy to get started , that's why I included it on the list of , best online business ideas because of , the fact that it'Avery newbie friendly , all right let's move on to the next , business idea and this business model , has made marks millions of dollars idea , number four create and sell your own , digital products with the help of , affiliates so remember how earlier I was , discussing affiliate marketing and how , you can promote someone else's product , and get commission cut to the sale , let's flip that on its head why not , instead of promoting someone else's , product you make your own product and , then affiliates promote it for you , that's what I DI have several products , one of them that I co-own is called , manifestation miracle and it's a , self-development course and it makes me , tens of thousands of dollars every , single month and the best part is I , don't have to drive traffic to it , because my affiliates are doing that for , me the business mo delis simple create a , great product then place it on a , marketplace like Click bank Click bank of , the site where merchants can list their , product sand affiliates go to click bank , looking for products to promote so this , is how they discover your product and , how they start promoting it if you make , a great product that has a high , converting sales page then you'll be , able to attract affiliates to come and , promote your products for you and it's , very passive and hands-off and get this , by having your own products you now have , list of customers and their email , addresses so take meas an example , have a huge customer base for , manifestation miracle know that these , people are willing to buy personal , development courses it means that I'm , being able to use that email list to , promote other self-development products , to them that they will be interested in , and it means that'm able to use my , email list with us which is built for me , by affiliates by promoting my products , to then promote affiliate offers and , make even more money and it's honestly , the best of both worlds and , and it's a fantastic online business , idea idea number five drop shipping okay , okay although my subscribers here host , okay probably expected this to make the , list and I cannot help it it's a really , really good business idea drop shipping , is a great business model for beginners , because it means that you can sell items , online without having to buy them in , advance you see you usually have to buy , items in advance when you sell them , online picks business idea number three , retail arbitrage to do that you need to , go to a retail store purchase this kind , of stock and then gross balance so drop , shipping is different you list items , that you have not already bought to do , this you find drop shippers and these , are suppliers that well are willing to , drop ship you see most supplies work , troopship course they require you to , purchase items in bulk and they you go , and ship them to your partner but as a , supplier it will need to drop ship then , what they'll do is that you purchase , items individually and then they will , ship their individual items out to your , customer so what you do is you list item , to the drop shipper has to sale but you , put a mark upon it price and then when , the customer purchases the item from you , you get to keep the difference in , profits one really good thing about this , business model is that it requires very , little startup money because of the fact , that the customer has already purchased , the items from you in advance now there , are ten basis of drop shipping that I , teach on this channel one of them is , called how to start express drop , shipping store with no static money and , I'll have a link to that video in the , description below , the other method involves drop shipping , on Amazon and I have avid for that , titled making money with troopship , business and of course , I will have a link to that video in the , description below okay let's switchback , to mark so he can give you our final , ideas for creating an online business , idea number six private labeling your , own physical products , I don'just create digital products , like courses and books create and , manufacture my own physical products too , for example one of my products is a , knife sharpening stone and another is a , vegetable serializes method is , simple you simply import products , cheaply from China and you resell the , on Amazon via your own website for , massive profits by selling them on , Amazon you get to take advantage of the , fulfilled by Amazon program so you can , let Amazon manage and handle the orders , for you making it very passive the , reason why it's called private labeling , is because you place your own logo and , branding on the item this increases the , value of the item so that you can charge , an even higher price for it , yes that requires you to put money up , front to buy item sin advance but it has , the huge advantage that you don't need , to worry about managing customers orders , plus it's pretty neat to be selling your , own physical products with your own , brand here's an additional bonus tip you , can increase your margins by beckoning , them to relevant digital offer for , instance if you are selling dog leashes , you might want to up sell people to a dog , training guide that they can purchase , instant online access to or you may wish , to affiliate to someone else's offer if , you don't happen to have one of your own , to up sell to alright those are our six , online business ideas if you have any , questions about them be sure to ask them , in the comment section below and we will , answer as many questions as we can if , you like this video appreciate this , gybes thumbs up and subscribe to us , here at wholesale care for more great , videos about making money online and if , you would like to start your own online , business but you don't know how then you , should be sure to download our free , book how to make ten thousand dollars a , month online with drop shipping you'll , find a link on how to download this , incredible life-changing in the , video description below , hi there and thanks for watching this , video created by us here and will fail , W Otis our mission to help , that is why we'vie created eight which , shows how he would yes that you can make , handouts knowledge extinct every month , with drop ship even if you don't have , startup money invest of all we're giving , away this book for free and yet we , really need absolutely free so if you'd , like to get this potentially climbed , teaching link , in this video description in Canada .
