This Business Model Can Improve Your Chances of Success
Today we are going to reveal what is the most lucrative business model in the online world.
I learned these insights from the first internet marketer who broke a record by selling $1M in less than 24 hours!
Can you guess who this guy is? Let me know in the comments below.
Basically, we have 5 core business models in the online market:
1. eCommerce products: buying physical goods (typically from china) and selling via website or Amazon.
2. Consultant/Coach: selling your expertise like weight loss coaching, mortgage consulting, and more.
3. InfoProducts: selling digital products like courses, ebooks, newsletters, reports, and so on.
4. Agency Services: digital marketing services, PR agency, funnel building, design, etc.
5. SaaS Companies: selling software as a subscription.
We will analyze them based on the following parameters and will reach a conclusive decision.
- The complexity of the business model
- Time To Market
- Capital Investment
- Profit Margin
- Scalability
Each model will be ranked on a scale of 1 to 5, where 5 is the best outcome. In the end, the business model that gets the highest score wins.