People see internet business through an extremely narrow lens. You’re either flogging your stuff on eBay or you’re trying to make it big and be the next Mark Zuckerberg. The reality is that there are hundreds if not thousands of different ways in which you can do business online. There are tons of different business models that cater to any goal or ambitions that you might be thinking of taking whether its selling other people’s products online as an affiliate or creating your own products and selling them yourself, or maybe you just want to use the internet as an extension of your already established offline business. The possibilities are endless!The internet is a global population full of enthusiasts of all kinds looking for solutions and products to solve their own personal problems. It’s a global market in which everyday people can take advantage of, all they need is some sort of value to give, or skills necessary to guide people to value that somebody else has created.The Benefits of an Online BusinessLow Start-up Costs:If the entrepreneur deep down has been calling out to you, you might want to consider the start-up costs on an online business. In comparison to a traditional “Bricks and Mortar” businesses the start-up costs are substantially lower for an online business. A business owner who launches their ventures online enjoy a substantially lower start-up cost than those who choose the offline approachThe “real World” business owner must pay for commercial space, physical inventory, printed stationary and allot more. As an internet business owner, your only real expenses will be your domain name and hosting account. Even if you do need to buy inventory or maybe your outsourcing technical skills to get things started your overall start-up cost will be incredibly lower than your offline starting costs.Increase In Earning Potential:If you’re employed full time or working your way up the corporate ladder, your earnings are determined by the amount of hours, and position your in. The time it takes to double your income would be obscene in the offline world, (not impossible, But defiantly harder) say you’re making $80,000 a year, how long do you think it would take to make that $80,000 to $160,000. My guess is a very long time.
Online if you learn to sell one product you can teach yourself to sell 50. If you create 1 successful business what’s to say you can make another, or maybe a few more. There’s a whole market for website flipping. People make a living off creating websites and online businesses and flip them for people who want a business that already has market traction. The truth is that the sky is the limit for your online business.Job Security:When you learn the skills required to sell products online, or create some sort of online revenue the chances are that you’ll be able to repeat this process. If you’re willing to learn the skills necessary to take your business to the next level is up to you. There’s not going to be a shortage of affiliate programs or people online to sell to.Wider network clients and buyers:If you were to start a business in your country’s capital city or the most populated city in the world, you would be pretty confident that the earning power of your business would be astronomical. There are people making a killing in your local cities with successful businesses. Now imagine how many people are online, online you have access to a huge global network of clients and buyers.Online you don’t have to compete against other agencies in your area for the same small pool of customers and clients. Instead you have access to an enormousness pool of people in which you only need the tiniest fraction to make yourself an incredibly comfortable living. You’re free to think as big as you want online. There’s no shortage of people or market space.Free Time:Wouldn’t you love to have the time to do the things you want in your weeks and days? I remember watching some of Ray Higden’s videos about his story of when he was in corporate America. He says he spent more time with picture frames of his kids then actually seeing them.Don’t you hate having to wait for traffic, taking orders from a boss, asking permission for taking holidays? Having an online business fixes all of this. You’re able to work at home when you have an online income. You can spend more time with your family, spend time traveling and best of all having the time to do the things that you want to do.Your business is open and running 24/7Instead of the 9-5 opening hours of the traditional “Brick and Motor” shop, when you set your business up online its open 24 hours a day, 7 days a week, 365 days a year. You can literally make money while you sleep! You do the work upfront and then you reap the rewards long after you’re done.You’re even able to automate most aspects if not all aspects of your business depending on your business model. There are endless amounts of products available to help automate your business. By doing this you can turn your online business into a valuable asset that will provide for you constant passive income.Freedom to Work from AnywhereYou physical presence doesn’t matter when you’re working online. As long as you have a laptop and an internet connection you’re able to work from half way around the world if you want. Where you work is totally up to you, whether it’s in your favorite coffee shop or if it’s while you’re on holidays the decision is totally yours!The Satisfaction of working for yourselfMy opinion is that creating your own business or enterprise beats working for someone else or underneath someone else. The satisfaction of creating your own income and knowing that it’s you that’s in charge of your pay check infinitely more fulfilling then being another cog in the corporate machine.The principles of Online business success is the same as any offline business. You have to have a great idea, have a good solid business plan and there should be a value proposition for potential clients. With the increase in new technologies getting your business online is become easier and cheaper. The best time to start is right now!If you enjoyed this article or this article helped you in anyway please re-tweet or comment.Andrew
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How To Build A Successful Online Business – Online Marketing Mentors
How to build a successful online business may take time and effort. Most that come here fail, but why? Usually it is due to a lack of real information on how to build, brand and manage their business or, they simply did not try.Time and time again have I seen individuals, small business owners and everyone else, try to truly build a successful business or even presence here on the Internet. With the multitude of cheap affiliate programs and so-called guru’s pushing their products around I was amazed at the failure rate. The so-called professionals continually tell us for years that 98% fail here, but my question is why? Why, if their product is so good are so many failing here?What Does It Take To SucceedDetermination and follow through would be the mindset for any successful business to be built, online or offline. Within the Internet marketing community itself failure should not be an option as success can most likely happen at some point. What I mean is that if you stick around long enough, know how to market and brand yourself and products here, it will happen, time is what kills the entrepreneur here.There are many “flash in the pan” opportunities we see all day online, but these are completely full of hype and usually without any solid platform from which to learn and grow your business. The affiliate marketing industry is full of these types of programs that promise the world for success online, only to have 98% or more fail. STOP THE FAILURE.Know What To Do OnlineBuilding brand awareness, starting off on your future with an online business is simple. Learn what it takes to not only survive here, but learn how to market properly and effectively. The one piece advice anyone, including myself who has found a good deal of success know that it came from learning and applying the fundamentals.There area host of some very simple platforms and strategies you can learn, and it can be mastered in a very short amount of time. But, this is where the “flash in the pan” idea of getting rich quick online hyperbole has taken hold of your mind, letting you believe that if in days you see no real income, you will never see success.NOT TRUE. While some of us have seen our businesses grow rapidly online, it was still a few months or so before the real success began. It took days to learn and weeks to apply to where we began to see the traffic we knew was already there waiting for us. Your customers, clients and prospects are here, they are on the Internet and they are waiting for you, but they have to find you.Proper Marketing StrategiesThere are many basic platforms you must use when building a business online. Regardless of what the so-called Guru’s may say, the basics are the basics and even they built lists this way and continue to do so.· Building a website and blog are extremely important, and how to build them correctly.· Understanding Search Engine Marketing is a must for the online entrepreneur.· Learning how to create valuable information and content that get found online.· Video marketing and it’s important role of truly branding you and your business.· Article marketing.· Sales copy and how to convert your traffic through the sales funnel.· E-mail marketing.· Social media marketing and how today it is the rising star for any successful entrepreneur online.These are just a few of the most familiar and basic foundation you should not only know, but use in your daily method of operations online. Even local business owners looking to build there presence online and drive more traffic through their doors are beginning to see the importance to their survival with Internet marketing today.Online Marketing MentorsAs an online marketing mentor, and those who have worked with me for years have seen, failure was due to only two factors: no real knowledge base of online marketing and building a business here or, they were simply lazy and looking for the “flash in the pan” way out. The former however, this was the biggest reason for failure with any would-be entrepreneur online, no real solid understanding of search engine marketing and how to convert the traffic that is here.There are a few simple keys to success with any business online, understand online marketing, know your business here and follow through with effort and patience. For those who have seen people get rich here overnight with their businesses, remember, they were here for months or years before that day just like you, trying to figure it all out.