Best Way to make 6-Figures Online In 2023 (NOT SMMA)
Last updated: Jul 30, 2023
The video is about different online business models, such as dropshipping, YouTube automation, and social media marketing agencies, and the drawbacks and challenges that come with each of them, ultimately leading to the recommendation of lead generation as a game-changing business model to make six figures online in 2023.
This video by CantFaizMe was published on Jul 4, 2023. Video length: 07:10.
This YouTube video titled "Best Way to make 6-Figures Online In 2023 (NOT SMMA)" discusses different business models and their drawbacks for making a six-figure income online.
The video highlights the challenges and limitations of dropshipping, YouTube automation, and social media marketing agencies. The speaker emphasizes the importance of finding the right business model with higher profit margins and lower investment.
The video then introduces lead generation as a game-changing business model that, if done right, can lead to a monthly income of at least ten thousand dollars.
Drop shipping requires finding the right product and can require a high amount of startup capital.
Many people spend a lot of money on ads without success and margins can be as low as 10%.
Amazon FBA offers convenience but has high storage costs, strict regulations, and limited personal branding.
YouTube automation can be expensive and there are risks of demonetization and dependence on YouTube.
Social media marketing agencies can provide global clients but can be challenging for beginners and require effective client acquisition and service delivery.