1. This website uses cookies to improve service and provide a tailored user experience. By using this site, you agree to this use. See our Cookie Policy.
    Dismiss Notice

Starting off - which direction to go?

Discussion in 'Making Money' started by ynwa1892, Jul 12, 2019.

  1. ynwa1892

    ynwa1892 Newbie

    Joined:
    Jul 12, 2019
    Messages:
    4
    Likes Received:
    0
    Hi all,
    This will be a long post. Please skip to the bottom section if you don’t feel like reading this post in its entirety.

    I am currently doing the ‘complete digital marketing course’ in Udemy. I have been following and have had an interest in digital marketing for many years now. 5+ years at least. I have never actually taken it upon myself to go ahead and start trying something in the field. Despite being a relative noob, I do understand how digital marketing works.

    I have some exams at the end of August, which after completing, I intend to go all out in becoming a digital marketer. As of now, I can dedicate around 2 hours a day to it, which I mostly allocate to doing the course or researching what to do. Come September, I will be able to treat it as a full-time job. I can probably allocate an average of 5-6 hours a day (some days more, some less), 7 days a week. In terms of budget, I can probably set aside anywhere between 2-4k USD for advertising, inventory or whatever other costs I may come across, depending on what avenue I take.

    My goal is to be making some money by Dec 31st of 2019. I am realistic. If I can even make 100 USD a week by then, with opportunity to scale, I’d be happy. Despite being based in Ireland, I would be living in India by then, as I have spent much of my time travelling and settled in the country the last few years – so I can afford to make less initially. Of course, I would like to be making thousands per month eventually, like all you other successful marketers out there.

    I am not sure which avenue of digital marketing to pursue. The three ones that standout to me are affiliate marketing, advertising agency and e-commerce. Ultimately, I would like to sell my own product, though I have nothing concrete in mind yet, despite having a few ideas. I am unsure on how to progress with this idea without having a definite product.

    I know people say to stick to your interests and what you are good at, but I don’t have many skills or interests. I enjoy writing, Cryptocurrency, football (soccer) and have had a lot of experience with weightlifting and diet in the past (and plan on starting again). I really enjoy self-development as a topic as well. I also enjoy travel and have spent much of the past few years away from home. I studied Computer Science at college, but I didn’t excel at or enjoy it.

    With all that said, what would you guys guide me towards? I am thinking of just starting a personal blog on my journey in digital marketing/crypto/health and fitness and everything else for the meantime, until I have something solid to work with. Maybe even a crypto specific site. I understand I might not be able to monetize these efficiently for some time, but it would be a learning process for when I do go ahead with whatever I do.

    So keeping the following in mind:

    - Can work as good as full time at whatever I do.
    - Budget of 2-4k. Depending on what I do. Can potentially add another 100 dollars each week
    as well.
    - I want to make $100 a week by December 31st (or be well on track towards that)
    - I like the idea of selling a product, though don’t have a definite product in mind yet (I do
    have a few rough ideas and trying to come up with more all the time)
    - Interests/skills include: Self development, Crypto, Football, Weightlifting/Diet, Writing,
    Travel, Research

    Taking the above into consideration, what area would you suggest I focus my attentions on? I am willing to work hard and stick at it and don’t expect overnight results.
     
  2. GringoMonkey

    GringoMonkey Supreme Member

    Joined:
    Dec 26, 2013
    Messages:
    1,278
    Likes Received:
    880
    Occupation:
    Making and Spending Money Online
    You outline in your intetests weightlifting / diet. Do you feel confident enough to be the face of your business?
     
    • Thanks Thanks x 2
  3. ynwa1892

    ynwa1892 Newbie

    Joined:
    Jul 12, 2019
    Messages:
    4
    Likes Received:
    0
    Not at this moment in time. I am out of shape at the moment. I feel to far behind the curve to properly delve in to that sector.

    I did however have one potential dietary product in mind, though there are a few competitors, so I would need to see what I could offer above and beyond them.
     
  4. hiepdn

    hiepdn Regular Member

    Joined:
    Jun 20, 2015
    Messages:
    232
    Likes Received:
    74
    Here is what you can do, it is actually what I am planning to do:
    Search for tours, hotels anything related to travel package in India.
    Understand them, know what are the differences to promote them.
    Start by writing articles about India, make it enjoyable for readers, get closer to them.
    Utilize social media to expose your blog.
    Start promoting those tours and products above. Get commission.
    Profit?

    Keep in mind, it is not as easy as it sound but that is the gist of it. You don’t have to invest heavily, but do something to make yourself unique.
     
    • Thanks Thanks x 1
  5. ynwa1892

    ynwa1892 Newbie

    Joined:
    Jul 12, 2019
    Messages:
    4
    Likes Received:
    0
    I did think of something like this. I do have a fairly good knowledge of the country, I am still based here, my girlfriend is Indian and I have many friends here. I was also considering making use of cheaper products in India and marketing them to the rest of the world. I did have another idea of marketing other peoples products who aren't as tech savvy and taking a commission or selling for an inflated price.

    I am certain there is money to be made here, its just choosing the right path.
     
  6. aidenhera

    aidenhera BANNED BANNED

    Joined:
    Nov 30, 2016
    Messages:
    3,060
    Likes Received:
    888
    Gender:
    Female
    start from pushups my friend
     
  7. hiepdn

    hiepdn Regular Member

    Joined:
    Jun 20, 2015
    Messages:
    232
    Likes Received:
    74
    Everybody has ideas. Just do it and make the differences.
     
    • Thanks Thanks x 1
  8. Naijalife

    Naijalife Regular Member

    Joined:
    Mar 7, 2019
    Messages:
    215
    Likes Received:
    58
    Hiya do your research on the cheaper products I am sure that there are things that people find hard to get or expensive from India since your in Ireland plenty of Asian shops and African shops you could reach out to. You could also open an online store also. Think outside the box.
     
    • Thanks Thanks x 1
  9. Aty

    Aty Jr. VIP Jr. VIP

    Joined:
    Jan 27, 2011
    Messages:
    7,214
    Likes Received:
    4,881
    Home Page:
    If nothing goes right, go left.
     
    • Thanks Thanks x 1
  10. vendis

    vendis Registered Member

    Joined:
    Jul 8, 2016
    Messages:
    98
    Likes Received:
    48
    Gender:
    Male
    Seems like your a very motivated person, and have realistic expectations. Making $100 a week is achievable within 6 months. Monetizing a site is all about traffic anyway, and in six months you could already be established in at least one form of traffic.

    You mentioned you'd have 100 dollars a week for marketing. That's not bad. You could get creative with that. If you really want to get traffic fast, try learning about media buying online.

    Since you plan on starting a blog, learn all about content marketing as well. The following is a good resource.

    https://www.quicksprout.com/content-marketing/

    Start publishing quality content for some of the topics you mentioned. I'd start with just one niche in the beginning so you don't get overwhelmed. There're lots of affiliate marketing opportunities for all the niches you mentioned I believe. Also a product to sell wouldn't be impossible especially in the health and fitness niche.

    The important thing is to take action. Seems you already know enough already in theory so why not just start doing it.

    No one can tell you exactly what to do regarding your business. You just have to be honest with yourself on what path you're willing to commit to and just go from there.
     
    • Thanks Thanks x 2
  11. ynwa1892

    ynwa1892 Newbie

    Joined:
    Jul 12, 2019
    Messages:
    4
    Likes Received:
    0
    Thanks for the detailed response. I think I am going to try go the route of creating my own product from raw materials I can source here in India. I'd register my business in Ireland. I feel if I can get quality raw materials/ingredients for a good price and create a good product, I can market it well. I already have an idea in place and I am currently researching demand, suppliers, costs/profits, legality and how to market it best.

    Now I need to figure out all this stuff among other things. Can anyone point me in the right direction on where to learn about the things mentioned above. Basically sourcing materials, creating products, the legality of starting a company for it and how to do so, shipping, which platform to use for shops.. All that sort of stuff. Thanks!
     
  12. Naijalife

    Naijalife Regular Member

    Joined:
    Mar 7, 2019
    Messages:
    215
    Likes Received:
    58
    Hi yes I can help you with advice on starting a company in Ireland, shipping and the best platform to use for shops good idea btw feel free to. Pm me
     
  13. vendis

    vendis Registered Member

    Joined:
    Jul 8, 2016
    Messages:
    98
    Likes Received:
    48
    Gender:
    Male
    Not really an area I'm familiar with. As I don't really do physical products. Tried to do it awhile back with weight loss supplements, but the rules and regulations were too restrictive here I decided to back out from that.

    Although I'm not familiar with this way of doing business, especially the legal side of things as that will vary according to where you're from, I think Amazon is a good platform as any to market your products. Or Shopify? Again, not really my area of expertise so it’s just off the top of my head. Good luck anyway with your venture.
     
    • Thanks Thanks x 1