Easy

Some jobs are physically difficult such as oil rigs, construction and commercial fishing. Other jobs are mentally and psychologically difficult such as sales, medicine, or technology. Everyone has their own personal preference for the type of work that they enjoy. 

Few solopreneurs would likely seek out a career in commercial fishing, oil working, logging, or other dangerous occupations. Most people will also be working their main job full time while they build their side business during their free time. Having this flexibility is important for long term success. 

Choose Your Hard

Whatever business you start it's inevitable you will encounter difficulties. The question then becomes, what type of work will inspire you to overcome these challenges? Many people struggle to find their purpose and don't commit to one thing long enough to see real results. 

It's tough running a business, and gets even more difficult when you find success. When you start to make money, government and former friends will come out of the woodwork to get a piece of your wealth. Unfortunately the alternative isn't much easier, staying broke and giving up on your dreams. 

Lucrative

How much money would it cost for you to live the life you want? According to studies, approximately $75,000 is the amount for most people to be content. By comparison the average salary is only about $20/hr or $40,000 per year.

Most businesses need to earn far more than $75,000 in annual revenue in order to hire full time employees. If this business is a solopreneur or side hustle, this amount could be more than adequate. It’s important to be realistic about your goals and what you truly want from your business.

It's fun to dream about becoming wealthy, but it's also important to be realistic and set attainable goals or risk burnout. 

You Will Probably Never Be A Movie Star, Pro Athlete or Billionaire

For 99% of people reading this article, you will likely never be a movie star, professional athlete, or Billionaire. This may be a painful realization to accept, but this also forces you to focus on all the realistic and proven ways you can achieve your dreams of financial freedom.

The more important question is, would you really want to be one of these celebrities? Everyone has personal struggles, but for celebrities their struggles are on public display for celebrity gossip and social media. Even with all their fame and fortune, many celebrities struggle with the same problems they had before.

There will never be a moment when you earn enough money to make all your problems go away. The process of overcoming adversity and following through on your goals will give you the inner strength to help face your new challenges that come with having more money.

Fun

Unfortunately many people work jobs they don't like just to pay the bills. Their dreams and goals get further away as the years pass by. Life happens and people have more responsibilities like families and children. Having a successful side business can drastically improve someone's life. 

An additional income source will allow for additional time with family, friends and pets. Without the stress of taking a job just to survive, you can also focus on getting a more fulfilling job. You will also be able to save for things like vacations, newer vehicles and pursuing hobbies.

Having fun will almost be inevitable if you have a lucrative business that’s also easy to run. You will have more time and opportunities to enjoy the fruits of your hard work. Ultimately happiness and fulfillment must come from within and often involves working through past traumas.

Succeeding at your goals and making money is an extremely satisfying feeling you will likely want to repeat. As your business grows you will also make new connections and find new opportunities.

Types of ELF Businesses

Video Editing Tools

If you plan upload video content then you will need to use an editing program to make high quality videos. With the growing demands for video content, many platforms are now offering their own editing tools. You can also download one of these amazing free programs to make videos offline.

1. Davinci Resolve

2. InVideo

3. HitFilm

4. StreamLabs OBS

Content Creation Tools

A common saying in digital marketing is “content is king”. Producing written content is closely related to your SEO and how you rank for your target keywords. These free tools will help you create and manage your new posts as you grow your website and scale your business.

1. Google Drive

2. Google Docs

3. OpenOffice

4. NotePad++

Affiliate Marketing Tools

Having a lot of views and traffic doesn't mean anything unless you have an ability to monetize it. Affiliate marketing is one of the easiest and most popular ways for beginners to start their online business journey. When someone makes a purchase through your affiliate link, you earn a commission.

1. ClickBank

2. WarriorPlus

3. Share A Sale

4. MunchEye

5. ShoutCart

Private Label Rights Products (PLR)

PLR products are like a swiss army knife for online business. You can resell PLR as your own digital products, create content, use as a lead magnet, and many more possibilities. PLR is a very low cost way to jump start your online business and start earning money.

1. PLR Database

2. PLRme

Search Engine Optimization Tools (SEO)

SEO determines how well your new content will rank in Google and other search engines. High value keywords often have high competition for digital traffic. By understanding this process you will learn how to find lower competition keywords and new opportunities to rank your website.

1. Google

2. Google Analytics

3. Google Search Console

4. All In One SEO (AIOSEO)

Website Building Tools

Today beginners can build amazing, professional looking websites without any coding skills for a very low cost. The only required purchases will be a domain name and hosting. These other free tools listed below are some of the most popular ways to start building your new website.

1. WordPress

2. Elementor (Freemium)

3. WordFence Security

4. NameCheap Domains

5. HostGator

E-Mail Marketing Tools

Building an email list is one of the most valuable assets for a digital marketer. With an email list you will be able to advertise different products and affiliate offers. Channels can get banned overnight and subscribers lost, but with any email list you will always be able to stay in contact with fans.

1. Get Response

2. Herculist

3. Europe Safe List

4. 60 Second Traffic

How Work From Home Job Scams Work

Do you think you would be able to spot this as a fraudulent invoice?

Something wasn't sitting right with me so I decided to lookup this office depot location and call them directly. When the employee answered I began laying out what was going on with this suspicious invoice I received and before I could even finish she answered, “it's a scam”.

This was not the first time she had heard this story and added, “we don't even sell apple products”. Sure enough, it was an Apple MacBook Pro M1 on the invoice. I had been expecting that this equipment was being shipped to me preinstalled with the software for my new job.

The scammer told me that the equipment was being shipped from their vendor, and they would send me a check for the cost of the equipment. Of course this made me suspicious, but I now understand how scammers prey upon people's hope for a good opportunity.

I received an email with a check for $3,400 which was exactly the cost of the equipment. I later found out some scammers will sometimes give a check for a value even higher than the equipment cost to help sell the scam. I did as instructed and deposited the check using my bank's mobile banking app.

The next morning I took opened my banking app to see that the funds from the check had been deposited into my account. Around noon I received a message from the scam employer regarding the funds. I told them I had received them, but what he said next set off my alarm bells.

There was an personal type gmail account and I was to send them the $3,400 in varying amounts using a banking system called Zelle. I later found out this system makes recovering your funds impossible, leaving you 100% responsible for all the full amount. 

Remote Job Scams vs. Frauds

Most people are familiar with both scams and frauds, but often don't the details and differences between the two. This distinction is extremely important because it helps determine who is liable when money is lost to cyber crime.

Frauds

One of the most common types of frauds involve criminals using stolen credit cards being used to make high ticket purchases. Credit card companies have protections in place to protect card holders from being held permanently liable for these unauthorized charges.

Other types of fraud can include bank and check fraud, like from the movie “catch me if you can”. An employee taking money without permission or other types of financial crimes.

Scams

Scams operate slightly differently because they often require active participation on the victims part. Scammers are highly intelligent and know exactly how the banking systems work, and what they need their victim to do to remove these safety protections.

One of the most classic scams is a Nigerian prince, or some other elaborate story requiring the victims assistance. It's dangerously easy to dismiss the victims as stupid for falling for an obvious lie. Scams take on endless and sophisticated variations that catch highly intelligent people everyday.

When I spoke with my bank's support agent she unfortunately knew this story all too well. Luckily I was able to realize it was a scam before it was too late. She encouraged me to share my store with others so they can better help protect themselves from becoming another scammer victim.

How To Spot A Work From Home Job Scam

From the very beginning there were little details that made me suspicious. With so many people looking for jobs online, this is becoming one of the most prime targets for scammers because the potential value of this traffic is so astronomically high, tens of thousands of dollars per year per job.

It's not unusual to get a lot of messages from recruiters and suggestions when looking for jobs on platforms like Indeed. When I received a message regarding this position, the company appeared like the perfect fit. The first red flag was when my first interview was done via Skype text messaging.

After the Skype session I was directed to take an additional survey which I completed. A few days later I received an email letting me know that I was selected for this position. They emailed me an employment offer on an official looking letterhead.

In hindsight the scammer also appeared to rush this process, requiring a response within a few days. I emailed them back a completed job offer and was directed to another Skype messaging session. Up until this point I had never spoken with anyone on the phone, just instant messaging.

The red flags were really starting to add up, but my hope that this great job was real kept me engaged. It felt like a scam, but I didn't realize how until the money actually showed up in my account. It was only my suspicion and verifying everything that I realized what was happening.

Trusting Your Gut

Intelligent educated people are often actually more vulnerable than less intelligent people with street smarts. Scammers operate within the cracks of the system, navigating it like their personal highway. People looking for a job are going to be far more vulnerable to requests from a scam employer.

It's possible there are some legitimate employers who use skype messaging as an initial screening. Taken on their own, it might not mean anything, but if you ever start to feel that it might be a scam, then it's probably a scam.

I believe that thousands of years of human history have given us a natural instinct when something isn't right. Scams and frauds have existed as long as civilization itself, they just adapt and change with the times and new technology.

Finding Legitimate Work From Home Opportunities

There are tens of thousands of legitimate work from job opportunities currently available today and growing. One of the best ways to get a good paying job is to develop good paying, high value skills. This will make you more sought after by employers and help you earn more money.

Another great option for employees is to start a blog or other small online business. Any additional income will help people improve their own personal financial situation. This should be a supplement to your existing job until you have no choice but to go full time.

Looking for a job is never fun, but it's a necessary part of life to reach your goals. The resilience you build applying for jobs and facing rejection are the same skills you will need when you have your own clients and your own business.

Don't let your feelings of needing a job cloud your judgment when you notice requests that seem off to you. Be confident and speak up, any reputable employer should be more than happy to actually speak with you and answer any questions you have.

Hopefully my story about this incident will help someone avoid falling victim to this new scam targeting job seekers. Always trust your gut, it's usually right about things like this, even if you can't see the scam at first. In this case it saved me $3,400 which would have been devastating. 

High Demand Jobs vs. Low Demand Jobs

Some jobs like food service and retail have higher employee turnover than most jobs. Food service and retail are physically demanding jobs with lower pay than specialized jobs. This can make it difficult to attract quality talent.

Semi-skilled workers who primarily use phones and computers are in an especially difficult position as they face more national competition for entry level remote work. As software tools become more advanced, less people are needed to provide customer support for issues.

The best thing job seekers can do is to develop high demand skills with the most long term earning potential. Anyone who has ever had frustration with an automated phone system understands that soft skills like customer service and sales are difficult to replace with computer systems. 

Too Much Employer Choice

Businesses that require on site employee's are limited to hiring employee's that live within a reasonable commuting distance. This drastically reduces the available candidate pool for employers to choose from, which makes finding specialized, skilled workers more difficult.

It's been documented that having too many choices can actually cause people more stress than just having a few choices. The fear of missing out (FOMO) on the best product can cause indecision and often the consumer leaves without choosing a product at all.

The prices of goods and services are determined by market forces such as supply and demand. With many more people looking for remote work jobs, employers have a massive market to choose a candidate. This also makes it much more difficult on the average remote worker to find work.

Work From Home Job Shortage

Browsing different job related online forums such as reddit.com/r/recruitinghell/ gives a fantastic insight from the perspective of the countless people looking for professional jobs. Reading job postings myself have some exceptionally specific skills such as 3+ years in Mining related SaaS Sales.

It's hard to imagine finding a candidate with that specific of a background, if they even exist at all. It's posting like these that illustrate some of the difficulties in the current job market between companies and their employee's.

Working from home is quickly becoming one of employee's top job requirements and major selling point for companies. While local on site jobs seek local employee's, remote job postings are frequently flooded with stacks of applications.

For someone seeking a job quickly, good work from home jobs are difficult to find. It may be necessary to find an onsite job temporarily while you continue your work from home job search. This is another example of why creating additional passive income sources is so important. 

Since the events of 2020 forced many businesses to adopt a work from home business model, employee's are very reluctant to return back to the old ways. With so much of modern business being automated anyways, there's very little reason to require workers to commute onsite each day.

Employee's were forced to adapt and reconsider their career and professional goals. Many people decided that a 1-2 hour daily commute simply wasn't worth the stress and the amount of gas it cost to go to work each day. This work from home job demand caused a massive real estate increase in rural areas.

The job market is changing and employee's are seeking more flexibility in their work life balance. Jobs that involve physical products and services will always require people onsite. Most office type jobs can easily be done from home, yet companies are still reluctant to fully embrace working from home.

Work From Home Jobs Hurting Commercial Real Estate

The massive rise in work from home jobs has had a massive effect on the commercial real estate market. Office parks sprang up in the late 1970's through 1990's as more people moved into the suburbs. Today these type of buildings are quickly becoming obsolete and a relic to the past.

While companies clearly save money by having employee's work from home, they may be lose money in other ways through related financial interests. Some companies spent tens of millions of dollars or more on their corporate office infrastructure which could fall in value if suddenly left vacant.

New businesses without these pre existing liabilities are best able to position themselves for long term growth. Companies can focus on recruiting the best talent from all over the world instead of worrying about paying for office related expenses and they can easily scale their team as needed.

A Race To The Bottom For Employee's

From all indications it appears the demand for work from jobs is much more than the current supply. This puts job seekers at a disadvantage where they have to compete harder for jobs. Employers are able to benefit by being able to negotiate lower salaries and increase job responsibilities.

Work from home jobs are essentially following the basics of a [drop-service business model]. Websites like fiverr have thousands of freelancers who have your exact job skills employers would need. Through freelancers they can avoid paying employee benefits and other expenses.

As companies seek ways to reduce costs, employee payroll is typically the #1 target. New tools have given massive boosts to productivity, reducing the need for employee's. These same tools also give average people a chance to build their own business easier than ever before.

Protecting Yourself From Unemployment

Getting fired from your job can be a terrifying and stressful event in someone's life. Especially if your termination was through no fault of your own, after years of dedicated hard work. Suddenly your next thought turns to how you will pay your bills, and if you have enough money saved to make ends meet.

One of the best ways to protect yourself from unemployment is to create additional income streams. There are countless side hustles people start based off their hobbies and interests. Learning high income and future proof skills are also a great way to build the life you want for yourself.

You can demonstrate your value and skills to the world and future employers by starting a website and/or social media pages. This can also quickly become a passive income source when you begin to monetize your traffic.

As your side hustle begins to earn more money, you will have less and less fear about getting fired from your job. Eventually your side hustle can grow into a full time business that will start earning you more money than your current job.

If you want to learn more about how you can start your own online businesses to protect yourself from recession and unemployment, enter your email below to receive our free collection of business and marketing e-books for beginners. 

How CPA Digital Marketing Works

Affiliate programs pay marketers commission when they sell products and services. CPA networks pay marketers each time a prospective customer completes an action such as completing a survey or entering their email. Unlike affiliate marketing, CPA digital marketing doesn't require a customer purchase.

A CPA commission will require that a visitor fully completes the action, otherwise no commissions will be given. Many content creators use CPA digital marketing as an additional way to monetize their online business.

Lead generation is an important part of every business and especially online. Having an email list of qualified leads can generate tens of thousands of dollars a month in revenue. Companies are happy to pay a small fee in order to gain more customer data. 

Cost Per Acquisition (CPA) and Pay Per Click (PPC) Ads

PPC Ads operate in a similar way to CPA offers. In addition to paying google for PPC traffic, companies are also paying CPA digital marketers to generate traffic. This allows beginners to start earning money more quickly and build momentum.

One marketing strategy is actually using PPC ads to earn CPA commissions. Paid traffic has the benefit of immediate targeted traffic so that you can test your ad campaigns. As long as you earn more CPA commission than you pay in ad spending, you are earning a profit.

Ads in general have a poor reputation and low conversion rates. This should be considered when running a CPA digital marketing campaign. You should choose quality offers that will reflect positively on your brand long term. Don't fall into temptations to use unethical or illegal tactics as a shortcut.

CPA Digital Marketing vs. Affiliate Digital Marketing

CPA digital marketing is really just another form of affiliate digital marketing that compensates marketers for generating leads. Some affiliate programs pay commission on both leads and affiliate sales. CPA digital marketing can help bridge the gap to get the first initial commissions.

With Affiliate Marketing a customer needs to purchase a product through your affiliate link which gives you credit for the sale. If someone clicks your affiliate link but does not make a purchase, then you earn nothing. Also, if a customer returns the product or cancels the order, you lose your commission.

Affiliate digital marketing has the benefit of having better user search intent and much higher affiliate commissions. People are rightfully suspicious of scams online, so you will first need to build trust with your audience and promote quality products. 

CPA Digital Marketing Pros and Cons

Pros:

Traditional affiliate digital marketing requires someone to make a purchase using your affiliate link. If they don't make a purchase, or return the product, then you will lose your affiliate commission. With CPA digital marketing you will get paid every time someone completes a survey or other sign up.

Cons:

One of the biggest negatives about CPA digital marketing is the association with low quality offers and scams. As a result CPA offers typically pay low amounts per action and conversions can suffer. It can be difficult for beginners to earn a significant income with CPA digital marketing alone.

Earning Money with CPA Digital Marketing

The amount of money earned from CPA digital marketing is typically fairly low, often under $3 per lead but this can vary depending on the offer. Compared to affiliate commissions on physical products, earning money through CPA can be much more profitable.

In order to start earning money with CPA, you will need traffic to promote your offer. Since many of the CPA offers involve giveaways, finding related groups is a good place to find free organic traffic. You should also use a URL shortener when posting your CPA links on social media platforms.

With your CPA links you can start promoting by adding them into the description and bio on your social media pages. When visitors and viewers click this CPA link, they will be taken to the CPA offer you selected. With tools like linktr.ee you can promote multiple CPA offers on one page.

How To Start A CPA Digital Marketing Business

1.Find a Quality Offer

Unfortunately there's a lot of scams and low quality offers associated with CPA digital marketing. You should do your due diligence to pick the best offer you can find. Once you find an offer to promote, you will create your own custom CPA hop link so that you can get paid for customer actions performed.

CPA Networks

The first step with CPA digital marketing is finding offers to promote. There are many popular CPA networks such as CPA Grip, OfferVault, and ClickBank. You will want to find a quality offer with good performance to promote. 

Some Popular CPA Networks Include:

Most CPA networks will have all the performance data available so that you can choose the most profitable offer to promote. It doesn't make much sense to promote offers with low conversion rates and don't make much money.

2. Drive Traffic To Your Offer

Traffic is the lifeblood of every online business, and CPA digital marketing is no different. Luckily there are ways for beginners to get started using free and low cost traffic. Since many of the CPA offers involve giveaways, there are dedicated online forums and social media pages where you can advertise free.

Driving traffic to a CPA offer uses many of the same basic principles of digital marketing in general. The more followers and views your content gets, the more people will see and click your offer.

Other free traffic sources where you can advertise your product include:

CPA Content Lockers

One way to increase your CPA conversions is by using a content locker with a lead magnet. You upload a file such as an e-book, checklist or other lead magnet. One someone completes an action they will have access to download your lead magnet.

Having an enticing lead magnet can dramatically improve your CPA earnings. Lead magnets are an essential part of building a sustainable online business. One of the easiest and fastest ways to get a lead magnet is by using a quality PLR product. 

3. Test and Repeat

Digital marketing is a process that involves testing new ideas and analyzing performance data. This information is what companies use to determine if ad campaigns are profitable or not. When you find a strategy or a traffic source that is successful, you will want to repeat what is working.

CPA Affiliate Digital Marketing Hybrid Strategy

Affiliate marketing and CPA marketing are not mutually exclusive, you can absolutely combine certain aspects with each other. Gaining a prospects contact information is usually the first step into eventually converting them into a customer.

One possibility is adding your other related affiliate links into your lead magnet on your offer. This way you have more opportunities to earn money if a reader clicks on the link inside your ebook and makes a purchase.

Ideally CPA digital marketing should be a tool that will enhance your business and drive more traffic to your website. 

Summary

Despite some scams and low quality offers associated with CPA digital marketing, this is a great business model for beginners to get started making money online. Major companies spend tens of millions of dollars in digital advertising and CPA marketing allows beginners to earn money.

CPA marketing can be incorporated into your existing digital marketing strategy to generate additional passive income. Once you have the systems in place with your CPA links, very little maintenance is required. Simply post your links in the description and start earning money from your traffic.

What Is A Digital Asset?

A Digital assets is a piece of intellectual property that can be monetized in a variety of ways. Digital assets provide value by being engaging to the audience and can be used to generate massive amounts of traffic. Digital assets can also be sold directly or monetized with affiliate programs.

Television, music and movies are all digital assets we consume on a daily basis. A popular movie franchise can generate billions of dollars in sales and merchandise rights. With this understanding, content creators can build their own digital assets for long term passive income.

Digital assets need to provide something of value to the end consumer. This value could be entertainment, education or ideally both. Digital asset will help drive traffic to your social media pages and website where you can start earning money.

Digital Asset Passive Income

With Music and Books, musicians and authors both create nonphysical, digital & informational type product. After the initial costs of producing these products, every sale thereafter is almost pure profit. This is a great business model for beginners looking to build long term wealth.

Musicians and authors receive long term passive income in the form of royalty checks. Year after year they receive a percentage of the revenue generated from their song or book. The internet has created amazing new opportunities for beginners to apply this model to earn money online.

In the internet marketing world, digital assets generate billions of dollars in revenue every year. Courses and professional coaching sessions can cost thousands of dollars per sale. Luckily for beginners, it's never been easier for them to purchase and sell their own digital products.

When you create a popular piece of content, that blog post or video becomes a digital asset that people will watch, read and share. This will have a massive benefit to your page or website and your content will be shared with more people, growing your website and channel.

Creating Digital Assets

2 of the most common digital assets today are e-books and online courses. This can be a daunting challenge for beginners with no experience producing content or building websites. There are many tools available such as AI content writers and PLR to create digital assets quickly.

Your website itself will also become a digital asset and a piece of digital real estate. Website traffic represents potential revenue based on keywords and market demand. High value keywords can generate tens of thousands of dollars or more per month.

As your website traffic grows, you will create another digital asset in the form of an email list. Getting a visitors email address is often the first step in the sales funnel process. It often takes multiple exposures to an offer before customers actually make a purchase

AI Content Creation Tools

One of the most popular and advanced AI writing tools is called Jasper. This tool uses advanced algorithms to create content in a variety of tones. I've included a link below that explains some of these capabilities.

AI tools also integrate with SEO tools like SurferSEO that help optimize written content to rank in Google for target keywords. This can significantly improve your website's organic search traffic.

PLR Digital Assets

PLR is an acronym for Private Label Rights, which is a digital product license. This license allows you to purchase a low cost digital product, and resell at a profit forever. There are many poor quality and outdated PLR products, so you should find a quality digital product.

PLR products often come with other resources such as sales funnels templates, cover photos, and sales copy to help you resell your PLR product.. 

Selling Digital Assets

Digital assets can take on many forms and covers most intellectual property. Whomever has ownership rights to a digital asset has the legal rights to sell that product or license the rights to other companies to manufacture products containing their intellectual property.

Digital products and services is a massive, multi billion dollar market online. Digital products offer the highest return on value and can include e-books, videos, courses, coaching sessions and more.

Once you've created your digital asset you will have a product which can start earning you money. Authors selling their books digitally on Amazon is a great example of how you can sell these digital assets.

Building Passive Income With Digital Assets

After you've put in the hard work of creating a valuable digital asset, you will need to create the systems to start earning money. The first step in earning money from a visitor is getting their email through providing something of value such as a checklist or e-book.

Digital assets that are used to collect emails are also known as lead magnets. Lead magnets are one of the best way to turn your website visitors into customers. In future posts we will discuss lead magnets in greater detail and how they the first step in your sales funnel process.

This lead generation step is often missed by beginner affiliate marketers, resulting in lost revenue. After a visitor downloads your digital asset, you can then direct them to an affiliate offer and potential sales. Even if they don't buy initially, you will still have their email to add to your email marketing list.

Inside your digital assets are more opportunities to earn passive income. You can put your affiliate links directly within the content of the digital asset itself. As people read your content and then take action through one of your links, you will earn consistent money long term. 

Warnings:

With affiliate marketing one of the biggest dangers for beginners is posting their affiliate links directly on social media. Your affiliate links can be detected by social media systems as spam and removed automatically. This is a poor business strategy anyways and can be avoided by creating valuable digital assets.

Hosting and Delivering Your Digital Asset

Once you have your digital asset in the form of a PDF, you will need a way to deliver this to your audience while also collecting their email. Ideally you should be using your lead magnet to also drive traffic to your website, where you can easily deliver their lead magnet.

Typically this process is done through an email optin box, where you enter your email to receive a download link. This optin adds their email to your master email list and begins the 1^st step in your initial email automation.

You will also need an email hosting provider such as GetResponse or Active Campaign. These providers may allow you to upload your PDF as an attachment in the email. You can also upload your digital asset PDF to a google drive, allow sharing, and use this download link to deliver your PDF.

Summary

Most people spend hours a day consuming content and other people's digital assets. In order to start making money in this market, a mindset shift is required to go from consumer to producer. The blogs you write and videos you make will become you own digital assets.

Social media platforms wouldn't exist if not for the people actually producing content on these platforms. Engaging content that generates views gets rewarded by being promoted to new viewers. As your email list and subscribers grow, so will your income.

Creating digital assets are one of the best free ways to build long term passive income. The only cost is time, which can be as little as a hour or so each day. Are you going to be part of the 99% who only consumer content, or are you ready to become a content producer and change your life?

What is Drop Servicing?

Drop servicing is a business model where a company sells a service and uses freelancers to complete the work. The drop servicing company acts as a broker between clients and freelancers and earns a profit.

By using freelancers, beginners can quickly compete in the marketplace and build systems that can grow and scale. Beginners can avoid the expenses of hiring full time employees, and only pay for services as needed, after they sell those services to a client. 

How does Drop Servicing work?

Let's say a marketing agency sells an SEO package to their clients for $2000. The marketing agency would then find qualified freelancers to complete this work for $1000, earning a $1000 for the company.

The benefit to this business model is that the marketing agency can hire freelancers after they sell services to the client. Beginners starting out can avoid the time and expense of hiring full time employees to fulfill these services.

With the rise of the gig economy, websites like fiverr are full of freelancers looking for work. Drop Servicing or Service Arbitrage is a way to start a business by using independent contractors to provide deliverables to clients in need of those services.

Drop Shipping vs. Drop Servicing Business

In recent years many entrepreneurs have started their businesses based on drop shipping products from China. This business model faces many challenges and unexpected costs for beginners. Earning profits is becoming much more difficult with rising shipping costs and longer shipping times.

With drop shipping, entrepreneurs find trending products on Chinese wholesale websites like Alibaba or Aliexpress and attempt to sell them for a profit on their own Shopify stores or other platforms. 

Common Drop Shipping Problems Include:

Product Returns

With drop shipping products, returns will cost you a lot of money. It may often cost more to ship a product back than the value of the product itself. How will you handle storage and processing of defective products? These are very common issues in the drop shipping business.

Damaged & Missing Items

Quality control is an ongoing concern for drop shipping products coming from China. Products may arrive with damaged packaging, broken pieces, or may never arrive at all. Combined with long shipping times, this makes for unhappy customers.

Processing Orders

Each time a customer purchases your product, and order is placed with the wholesaler and then shipped to the customer's address. As you sell more products, this process can quickly take up the majority of your time. You will need to purchase additional services to help grow and scale your online business.

Long Shipping Times

Drop shipping products from China often take 2 weeks or longer to arrive to the customer. Amazon typically offers 2-3 day shipping along with package tracking. There is little incentive to order through your drop shipping store compared to just buying it on Amazon like everything else.

Low Profit Margins

The actual profit earned on each drop shipping product can be very low, making it very difficult to even cover expenses. You will also be in competition with large corporations like Amazon and Walmart. You also won't know which products will sell until after you spend money on ads.

Drop Service Arbitrage

In terms of business profitability, drop servicing is much better overall. The profit margins are much higher, and you can see a greater return on all your efforts.

As an employee, you have a certain set of skills that your employer pays you for. What if there was a way you could outsource your job at a profit? With drop servicing you can do exactly that by using freelance services and new artificial intelligence tools.

Entrepreneurs can build a successful drop servicing business by building relationships with businesses and freelance workers. This process of earning a profit from outsourcing services is also known as service arbitrage.

Businesses today can't afford to ignore the profit potential from social media and online business. Without having a website, it's difficult for customer's to even find their products or services.

Common Drop Services Include:

Graphic Design

Having a professional looking and engaging photo can have a massive effect on generating engagement. These graphic design services can include creating video thumbnails, info graphics, logo design and many more. 

SEO Ranking

Many businesses don't have the time or money to dedicate towards a full time marketing team who can get their sited ranked their website in Google. This can be a very lucrative service if you are able to deliver reliable value to your customers and increase traffic.

Content Creation

The internet thrives on new content that will keep people engaged on social media platforms. This is one of the best ways to use free traffic to market your business. These services may include creating Facebook pages and posts, email sales letters, websites and more.

Video Editing

YouTube is one of the world's largest search engines and a great way to reach more customers. This is another service that you could offer as part of a drop service business. Video services can range from simple editing to creating advanced motion graphics.

Blog Post Writing

Blogs today have become one of the best sources for organic traffic online. Being able to rank for valuable keywords can generate tens of thousands of dollars in revenue. This requires writing professional content that will help a website improve their SEO rankings.

How To Start A Drop Service Business

1. Choose A Niche

What services do you hope to offer your clients? If you already have experience in a certain area, that's a good place to start. Think about what services are currently in demand that also fit with your knowledge and experience.

Equally important is selecting services that are also currently in demand with a high profit margin. You may need to readjust your niche once you start marketing your services and receive feedback from different businesses you speak with.

2. Finding Freelancers

Once you have selected the services you will be providing, you will need to find people to fulfill those services. Online marketplaces like Fiverr, 99designs, Upwork, Guru, Flexjobs, and Freeup are all great places to find freelancers.

Although drop servicing uses freelancers to complete the majority of the work for your clients, your brand and reputation are on the line. It's your responsibility to ensure that the work produced by your freelancers is professional quality that will satisfy your clients.

Some important considerations for your freelancers:

3. Launch Your Business

The next step after selecting your niche and fulfillment, you will need to advertise your services. The most important part of your new online business is establishing an online presence. It's highly recommended that you create your own website and social media pages.

One of the most inexpensive and popular ways for beginners to get started is by using WordPress. The main essentials for building a website is a domain name and hosting provider. Your web presence will become the first point of contact for future customers. 

4. Marketing and Lead Generation

After you've created a professional looking website and social media profiles, you will need to collect leads and find customers. 

Successful Strategies Include:

5. Your First Sale

Most businesses understand that social media can increase their profits, but they often struggle putting an effective plan into practice. Marketing skills can take years to master, and business owners are too busy actually running their business. This is where you can step in to provide value.

You will need to understand the needs of your clients so that you can create a quote based off the market rates on freelance platforms. Once you know the cost of outsourcing these services, you can send your client a pricing quote.

Drop Service Business Costs

The core essentials to start a drop servicing business are very inexpensive. The monthly cost of purchasing a domain name and hosting is about $20 or less. Hiring freelancers will be the largest expense, but will only apply once you've found your first client.

You will need to create spreadsheets of the costs of all the different clients services you will be providing. Once you know how much these services will cost, you will be able calculate your profit margins and run your business properly.

Drop Service Business Laws and Taxes

Disclaimer:

This information should not be considered financial or legal advice. With any business, you should always follow all laws and regulations for your operations. You should do your due diligence regarding contracts for the deliverables that you will provide to your client.

You will also need to keep diligent records of all your business expenses for tax purposes later. This will include all the money you spent on domains, hosting, page builders, email hosting, and most importantly all the money you pay your freelancers.

It may be wise to consult a license tax professional regarding any state and local taxes you will owe. There are also many online resources you can use to prepare your own taxes. 

Summary

Drop servicing is a great business model for beginners that avoids many of the common pitfalls with drop shipping. There is a low barrier to entry and a high profit margin on services rendered. All you need is a simple basic website and some social media pages.

This business provides real value to customers and has the potential for massive growth. If you provide high quality work to your clients, you will establish a strong reputation and generate even more business.

Like all businesses, drop servicing will require dedication and consistently taking action towards your goals. Too many people don't see instant results and get discouraged. Creating passive income sources require putting in the hard work upfront so that you can reap the benefits for years to come.

If you want to learn more about drop servicing and other ways to make money online, please subscribe to our newsletter and check out our resource pages for information and tools about starting an online business.