Businesses make money for an entrepreneur when such an entrepreneur produces or formulates a solution to a particular need or problem in their locality and there are people who are willing to pay for that solution. The above statement is the foundational principle of making money through e-commerce and all the books or articles that you are going to read on the internet about making money through e-commerce only find a way to word it differently.
If you identify a little problem and solve it, then you can make a little amount of money but if you identify a big problem and solve it, then you can make a large amount of money. The major lesson to note as an entrepreneur is not to focus on the money but on the solution you can provide. When you get that right, the money will always come through.
In the rest of this article, we will be examining some e-commerce ideas that have solved problems and that you could consider if you want to make more than $100K per annum
What products do you think people in your locality need and will be willing to pay good money for? The moment you find out the answer to that question, you are on your way to making more than $100K as an online entrepreneur. The next step will be to either build your own e-commerce website or register as a merchant on a popular e-commerce website and market your products via social media or ads.
You simply can’t go wrong with a career in graphic design. There is a continuous demand for magazine covers, book covers, reports, posters, etc. If you turn out to be very good at it, you can make way above $100K per year because your clients that are satisfied with the services you have provided will continue to refer you to other potential customers.
It’s the digital age and everyone wants to have a website these days. So, if you have website design skills, you can register your services on freelance websites. Work your way slowly from there and you will be making way more than $100K per annum in no time.
Write and sell an e-book
If you have good writing skills, you can consider monetizing it. Write a book on a topic you have noticed that people often search for and sell the book either on your website or on a merchant website like Amazon. With a good marketing strategy, you can make about $100K in a year.
At Design X Global, the focus is on excellence. They offer a large array of services including; Website Optimization, Application Development, ICO Development, and Digital Marketing. Each of these services is designed to optimize your company’s digital footprint.