In this video, you’ll learn about the two best online businesses to start as a beginner in 2024: print-on-demand and affiliate marketing with videos. Print-on-demand involves creating designs that can be printed on various products like t-shirts and coffee mugs. Amazon Merch is highlighted as an example of a print-on-demand service. The video also offers a step-by-step tutorial on print-on-demand for free. On the other hand, affiliate marketing with videos involves creating content that recommends products or services and includes referral links. This business model allows you to reach a wide audience and earn commissions when people make purchases through your links. The video provides real examples and insights into the profitability and scalability of affiliate marketing. The speaker, Greg Gottfried, has made over a million dollars in commission with this business model and offers a paid course for those interested in learning more. Overall, this video aims to provide valuable information and cut through the noise of outdated business models to help beginners succeed in the online business world.
Print-on-Demand
Definition and Concept
Print-on-Demand (POD) is an online business model that allows individuals to create designs that can be printed on various products such as t-shirts, coffee mugs, or hoodies. The designs are uploaded to print-on-demand websites, where they are showcased in a virtual marketplace. When customers place orders for products with specific designs, the print-on-demand website takes care of printing, shipping, and customer service. The individual who created the design earns a commission from the profit made from each sale.
Print-on-Demand Websites
There are several print-on-demand websites available that provide platforms for individuals to showcase their designs and earn money. One popular example is Amazon Merch, which allows sellers to upload their designs and have them printed on products that are fulfilled by Amazon. Other print-on-demand platforms include Teespring, Redbubble, and Society6, each offering its own unique features and opportunities for designers.
Example: Amazon Merch
Amazon Merch is a prime example of a print-on-demand platform with a wide reach and customer base. Sellers on Amazon Merch can take advantage of Amazon’s massive customer base and distribution network. This means that their designs have a greater chance of being seen by potential buyers, leading to more sales and earning potential. Amazon handles the printing, shipping, and customer service, making it a convenient and accessible platform for beginners.
Design Creation Tools
Creating designs for print-on-demand products may seem daunting for beginners, especially those without prior graphic design experience. However, there are various tools available that make the process easier. These tools often provide pre-made templates that can be customized with different graphics, fonts, and colors. Canva and Adobe Spark are popular design creation tools that offer user-friendly interfaces and a range of design options.
Step-by-Step Tutorial on YouTube
For those looking to dive into the print-on-demand business model, there are comprehensive step-by-step tutorials available on platforms like YouTube. These tutorials guide beginners through the entire process, from choosing a niche to creating designs and optimizing product listings. They provide practical advice, tips, and tricks that can help aspiring print-on-demand entrepreneurs succeed. These tutorials often come from experienced sellers who have already found success in the print-on-demand market.
Affiliate Marketing with Videos
Definition and Concept
Affiliate marketing with videos involves creating videos that recommend products or services and include referral links in the video description. Referral links are unique URLs provided by companies for their affiliate program. When viewers click on these links and make a purchase, the affiliate earns a commission. Video content creators can monetize their channels by creating engaging videos that showcase products or services they believe in and including their referral links.
Creating Videos
Creating videos for affiliate marketing requires some level of video editing skills and engaging storytelling abilities. Video content creators need to produce high-quality videos that captivate their audience and effectively promote the product or service they are recommending. They can use various video editing software, such as Adobe Premiere Pro or iMovie, to enhance their videos and create visually appealing content.
Example: YouTube Video Recommending Fishing Rods
As an example of affiliate marketing with videos, imagine a YouTube video that focuses on recommending fishing rods. The video content creator, someone with expertise in fishing, creates a video discussing the best fishing rods for beginners. They showcase different fishing rod brands, provide detailed information about each rod’s features, and share their personal recommendations. In the video description, they include referral links for each fishing rod they discussed.
Referral Links and Commission
Referral links are essential in affiliate marketing as they track the sales made through a content creator’s recommendations. Companies provide unique referral links to their affiliates, and when someone clicks on these links and makes a purchase, the content creator earns a commission. The commission amount varies depending on the company’s affiliate program, and it can range from a percentage of the sale to a fixed amount.
Scalability and Profitability
One of the significant advantages of affiliate marketing with videos is its scalability and profit potential. Videos can continue to generate passive income for content creators over time. For example, a YouTube video recommending fishing rods can still rank well in search results even after two years. The video can continue to attract new viewers and generate sales, providing a steady stream of income for the content creator.
Successful Examples
There are numerous successful examples of affiliate marketing with videos across various niches. Apart from the fishing rod example, there are videos recommending skincare products, fitness equipment, and technology gadgets, among others. Many content creators have found success in affiliate marketing by developing a loyal audience who trusts their recommendations. By consistently producing valuable and trustworthy content, they can generate significant commissions from their referral links.
Speaker’s Million-Dollar Commission
The video highlights the impressive success of a particular speaker who has made over a million dollars in commission through affiliate marketing. This success story showcases the potential profitability of the business model when implemented effectively. It serves as inspiration for aspiring affiliate marketers and demonstrates that the business model can indeed lead to substantial financial rewards.
Paid Course and YouTube Masterclass
The speaker also offers a paid course and a YouTube Masterclass for those interested in diving deeper into the world of affiliate marketing. These educational resources provide additional guidance, strategies, and insights to help individuals maximize their success in affiliate marketing. While the course and masterclass require an investment, they offer valuable knowledge and expertise from an experienced professional.
Benefits of Print-on-Demand and Affiliate Marketing
Relevance for 2024
Both print-on-demand and affiliate marketing are highly relevant and promising online business models for 2024. They have proven to be resilient and adaptable to changing market dynamics. The demand for unique and personalized products offered by print-on-demand continues to grow, and companies like Amazon Merch ensure a wide reach and customer base. Affiliate marketing, on the other hand, capitalizes on the increasing popularity of video content and online shopping, making it a lucrative and sustainable option for aspiring entrepreneurs.
Reaching a Wide Audience
Both print-on-demand and affiliate marketing offer the opportunity to reach a wide audience. Print-on-demand allows individuals to showcase their designs on popular e-commerce platforms, reaching customers worldwide. Affiliate marketing leverages the power of video content and online platforms like YouTube, which have a vast user base. By creating engaging content and optimizing their reach, individuals can tap into a global audience, increasing their chances of generating sales and earning commissions.
Earning Commissions
One of the main benefits of affiliate marketing is the ability to earn commissions. Every time someone clicks on a referral link and makes a purchase, the content creator earns a commission. This incentivizes creators to produce high-quality and persuasive content that encourages viewers to take action. Print-on-demand, on the other hand, allows individuals to earn a profit from each sale made through their designs. By utilizing established print-on-demand platforms, individuals can focus on creating designs and letting the platform handle the logistics.
Scalability and Profit Potential
Both print-on-demand and affiliate marketing offer scalability and profit potential. With print-on-demand, individuals can create designs that can be printed on various products, allowing for a wide product range and potential customer base. As sales increase, so does the earning potential. Affiliate marketing, on the other hand, allows for passive income generation as videos continue to attract views and clicks on referral links. Both business models can be scaled up by creating more designs or producing more video content, leading to increased profitability.
Conclusion
Choosing the right business model for an online venture is crucial for success. In 2024, print-on-demand and affiliate marketing with videos offer promising opportunities for beginners in the online business world. Print-on-demand allows individuals to showcase their designs on established platforms like Amazon Merch, while affiliate marketing with videos leverages the popularity of video content and referral programs. Both business models have the potential to reach a wide audience, earn commissions, and offer scalability and profit potential. By investing time and effort into these models, individuals can set themselves up for success in 2024 and beyond. So, if you’re looking for the best online businesses to start as a beginner in 2024, consider print-on-demand and affiliate marketing with videos. Thumbs up and support these business models as you venture into the online business world!
