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2 Business Models That Has Made Internet Marketers Rich. - Business - Nairaland

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2 Business Models That Has Made Internet Marketers Rich. by SamsonDGreat(m): 3:02pm On Apr 14, 2023
There are a lot of business models on the internet, but there are two I would like to discuss and let's share our opinion on which one you think has made more millionaires.

1. Information Marketing
This is a simple business model of finding what problems people are having, and then creating an information based product around it to help them solve that problem.

Problems like:
How to relocate to Canada from Nigeria
How to last long in bed
How to sell more products on WhatsApp
How to date a beautiful woman
How to... DO ANYTHING

And these products usually come in form of

PDFs (ebooks and Reports)
Audio/podcast
Videos (Courses)
Pre-recorded masterminds
Membership sites etc

(Note: The first three are the most popular)


This business model has made a lot of people millions in Nigeria.


The second Business model is e-commerce

2. E-Commerce business:

This is a business model where you research unique physical products, buy them at a good price and resell at a much higher price of 2x, 4x, 8x profit margin.

How is this possible?

It's simple, remember this is not the common e-commerce sites like jiji and jumia are doing.

Here, you are selling products that are unique (meaning, they're hard to find)

And you're targeting a rich audience with good buying power.


Products here can be:

Teeth whitening pen
Stretch marks eraser cream (that is not common)
Hot air fryer etc.

So, if you get the products for 5k per unit, you can sell them for as high ad 15k - 35k if you know how to position.

I have seen millionaires in this business model also... Especially in Lagos, Nigeria.


Now, if you're interested in learning any one of them, you can reach out to me, but for now let's discuss...

which do you think is more easy, and can make people more money in the long run?


Information Marketing
Or
E-Commerce?

Let's discuss!

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