Ways to make money as a digital platform
Travel the world without draining your savings. Earn money from anywhere in the world. What sounds like a dream at first has long since become reality for many digital nomads. These are the most common ways to make money on the go.
Freelancers
Many digital nomads start their nomadic existence as
freelancers. The classic freelancer offers his skills for individual orders.
The most common areas of activity are copywriters, designers and programmers.
But editors, consultants and (language) teachers also work as freelancers.
The great advantages of this
activity
The great advantages of this activity are the simple
processing and the direct payment. At the beginning, all you need is your
laptop, a suitable program for your work and an email address. You will receive
your payment immediately for each completed order. This gives security,
especially in the start-up phase, and makes it easier for you to start life as
a digital nomad.
Productive service
A productized service is a kind of evolution of being afreelancer. As a freelancer, you work through each client's order individually.
A productized service delivers a ready-made solution that can be customized for
individual customers. Instead of starting from scratch for every job, you
create a scheme that fits 95 percent of your customers' problems. Depending on
requirements, the remaining 5 percent are then designed individually.
Virtual Assistant
The assistant to the head of the company is also available
in digital form. Many digital nomads start their new lives with this model.
Starting out as a virtual assistant is ideal for many digital nomads, as they
often have all the necessary skills (computer skills, organization, online
skills). As a virtual assistant, you work for a boss. You take on everyday
tasks for him such as email processing, appointment coordination, travel
planning, etc.
The exact activities
However, the tasks can also be more comprehensive and go as
far as the creation of presentations and decision-making bases. The exact
activities always depend on the respective agreement. A good virtual assistant
platform is something like Beach Shift.
Sale of digital products
Digital products have the advantage that they do not require
a warehouse or large logistics. They are therefore made for digital nomads. The
range of digital products is very large. From a regular eBook to a guide to
building niche sites to a better writing course, the options are endless.
Beautifully and make a living from
their blog.
They all have in common that once they have been created,
they can be scaled almost at will. Since the products are not stored in the
classic way, you do not need additional space if you have more customers. The
entire payment and shipping process can be handled via digital marketplaces
such as DigiStore24. Of course you can also run it on your own website. But
that is usually more complicated. There are countless examples of selling
digital products. One of them is Walter Epps and his writing clan. There he
explains to people how they can write beautifully and make a living from their
blog.
Sale of physical products
With this business model, you do not trade in digital
products, but in physical ones. What initially sounds like a classic offline
business is also becoming interesting for digital nomads thanks to modern
components. The most common is using the Amazon FAB program to sell physical
goods as a digital nomad.
Earn money from anywhere in the
world.
With a normal trading model, you purchase the products from
a manufacturer, store them and ship them if you buy them. The Amazon FAB model
works the same way, except that Amazon does a lot of the work for you. You are
looking for a manufacturer from whom you can buy on favorable terms. This is
often done via Alibaba. You can have the produced goods delivered directly
from the manufacturer to an Amazon warehouse. You then create a product page on
Amazon where your product is offered and sold. When it comes to the purchase,
Amazon takes care of the purchase process and shipping. In the case of
complaints also the return. They charge a fee for storage and shipping. With
these components you can trade from anywhere in the world with a good internet
connection.Gil and Thomas from Private Label Journey have made this lifestyle
their own and report on their experiences on their website.
Drop shipping
Drop shipping is also a trading model for which you do not
need your own warehouse or logistics. You look for a manufacturer for your
product and let them produce your goods. In contrast to Amazon FAB, the
manufacturer keeps the goods in his warehouse. If you now sell a product via
your website (or via Amazon etc.), the manufacturer will receive a message.
He then sends the goods directly to the buyer. Since most
producers are based in Asia, shipping takes a little longer. There is no
intermediate storage for this. For this type of business, a very good business
relationship with the manufacturer or supplier is necessary. Since you do not
have access to the goods, you must be able to rely on its consistent quality.
Affiliate marketing
An affiliate makes money by recommending other people's
products and receiving a commission for doing so. This can happen in different
forms.
The classic in affiliate marketing is creating niche
websites. You create a page on a topic and recommend suitable products there,
for example safety razors (this is a wet razor). On the page you explain
everything important about this type of razor. In an accompanying blog you can
also mention interesting accompanying facts, e.g.
Works with digital products.
Beard care in general or current beard styles. Then you link
to different razors via an affiliate program. If your reader clicks on the link
and uses it to buy the product, you will receive a commission - without your
reader paying more. Of course, the same also works with digital products.
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