Friday, March 14, 2014

121- 3 Easy Proven Online Business Models If You Want to Make Money at Home

3 Easy Proven Online Business Models If You Want to Make Money at Home

3 Easy Proven Online Business Models If You Want to Make Money at Home

To build an online home-based business not many people know that the strategies and tricks found on the internet could be of no use until you gain an understanding and choose a proven business model. You will be surprised that even the most appealing Internet marketing strategy is of no use until you can apply it to YOUR business.


3 Proven Online Marketing Business Models


Including all the models, affiliate marketing is the most popular as there are no restrictions on its set up. Anyone can join an affiliate program for free. You can promote a product or a service on the Internet, which someone will buy. You get paid commissions. Affiliate marketing does not carry any risk other than the time you invested. You have the advantage not to spend money and time creating products. You are not dealing face to face with your customers. You handle no stock.

With very minimal investment to make, affiliate marketing is the most preferred choice among all the business models.

What's the success rate with this model? The truth is not many affiliate marketers are making money. Approximately about 5% of affiliates make some money. 1% of affiliates do very well indeed. They are classified as the "Super Affiliates". They can make thousands of dollars.

2) E-book and other Digital Information Publishing

Writing e-books and creating other information products is another model you can implement from home. Compared to affiliate marketing you will only make money when the products are sold.

You need more knowledge base than affiliates if you choose to create your own products. You also need investment in terms of money and time to start up your business and to keep it running. The rewards are far higher if you do it well.

Marketing E-books and other information products can be a very profitable business venture. It is a profitable business for two simple reasons. There are very minimal production and maintenance costs involved. You do not spend a single cent even if you produce millions of copies of the product. You recover the initial start-up costs by selling just a few copies of high-margin products. You can recruit an army of affiliates through sites like ClickBank to sell your products for you.

This model requires persistence and commitment. But if it is done properly, it is a very profitable business model.

3) Online Based Network Marketing

Opinions say that network marketing when done on the internet has great potential to make money. However, almost 90% of the people who take this approach tend to get it wrong. They do because they think they are in the network marketing business. But actually they are doing affiliate marketing.

Network marketing involves face to face meeting with prospects. Most network business marketers rely only on the internet. They hide behind their computers, without a face to face contact with their networks. Network marketing systems are not easily explained to prospects without a face to face meeting with them.

Internet based network marketing is simple if you understand it, and provided you are willing to put in the effort which could cost money and time. If you decide to use the internet in your network marketing business, you only need it to build a data base of the names and contact details of people you wish to talk to. YOU cannot rely on your computer alone to build relationship with your prospects and hoping to help them to start their own businesses.

It is not necessary to have a high-tech system and pretend that your auto responder is building relationships for you. The key is to adopt simple systems that you can duplicate and able to teach people that you have built a working relationship with.

To conclude, these are the three proven online businesses which anyone can easily implement from home. You can now decide on the model of your choice.



Article Source: EzineArticles.com

No comments:

Post a Comment