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"7 Advantages of Starting Your Own Legal INTERNET BUSINESS&Making Money Online" by legalwealth(m): 12:17pm On Aug 19, 2012 |
Now that you are here friend, I presume you are planning to start an Internet business, or you already own one. But just in case you are still undecided on starting one, let me give you 7 ‘Excellent’ reasons why you should start one TODAY! SEVEN Advantages Of Making Money Online 1) Global market. The Internet knows no boundaries, be it cultural or territorial. More and more people are getting to the Internet for a variety of reasons from sourcing for information to shopping online. This is indeed one of the fastest growing markets in the world today. 2) Mobility. As long as you have an Internet connection, you can operate your business anywhere, and I mean ANYWHERE. Be it your bedroom, toilet, Australia to Hawaii. It doesn’t matter. 3) Flexibility. Nobody cares if you wake up in the middle of the night to work and sleep late the next day, or you might want to take a week off from work and go on a vacation. You CAN do that. 4) Low capital. I’m not saying NO capital. Most, if not all Internet businesses will need some kind of initial investment or expenses, but compared to an offline business, this is peanut. 5) Leverage on technology. In MLMs or network marketing, the concept is to leverage on people, but in the Internet world, you can leverage on technology. There is a lot of software that will help you to automate a lot of tasks which otherwise would have taken much of your own time to do. 6) Minimal overhead cos ts. Other than your Internet connection fees, hosting fees and a couple of other miscellaneous fees, you practically do not have anything else like an offline business do, like rental, salaries for employees, etc. 7) Entrepreneurship. You are the BOSS. How much you make and what you do is entirely your decision. Your destiny is in YOUR hand! Nobody dictates how many days in a year you can take off and when you can take off. The best part is nobody tells you what time to wake up on a Monday morning (I sure love this.). Now that we have dealt with the reasons why you SHOULD have an Internet business, we can proceed to the second part of my introduction, which is the purpose of this book. What it hopes to achieve. THIS IS NOT ABOUT INTERNET MARKETING! You read that right. I’m not here to teach you Internet marketing know-how. I’ll leave that to the marketing gurus. But I’ll show you 9 Internet business models that you can copy from. When I say copy, I don’t mean literally COPYING the whole website (i.e. known as STEALING). I actually meant modeling after them. After all, the fastest way to success is to find a mentor and model after him or her. Don’t do it the hard way and reinvent the wheel. “If you want to be successful, find someone who has achieved the results you want and copy what they do, and you’ll achieve the same results” Anthony Robbins This report serves to explain 9 different types of Internet business models so that you are aware of what kinds of businesses are available to you. I’ll explain how each of them works, what do you need in order to start (at least the basics), the different ways you can make money with those business models, the pros and cons. Where possible, I’ve been generous enough to include a couple of interviews from my membership site. If you like what you read, do If you already own an Internet business, you might want to create an additional stream of income by starting business number two, three or even nine for that matter. BUT, why show you different models of Internet businesses instead of just telling you that this business is the best and that business is the best? Good question actually. If you scour the Internet for business opportunities, you will be flooded with hundreds, if not thousands of them. Each one claiming to be the best. But exactly which is the BEST? Actually none of them. Each business model is unique and different. And each of them has their own pros and cons. The BEST business model would be the one that you suit you. But in order to come to that conclusion, you’ll need the necessary information about all of those businesses. If you choose the wrong business, you would not persist or strive for it. You won’t enjoy it. And worse of all, it’s likely you will not succeed. If you have noticed, there are a lot of proponents on making money from information products. I do agree that selling information products is an excellent way to make money online. But does that mean you will need to sell information products in order to be successful? NO! There are plenty of other businesses that can make you money. Selling information products is NOT the only way. When you read the interview stories with people who are making money with their Internet business, you’ll notice that not all of them are in the information product business or the Internet marketing turfs. In the course of your online business, you will have to spend quite a lot of time searching for certain tools and services like web hosting, auto responders, mailing software, web designing, forums, and so on. BACK TO BASICS There are certain basic components that you need when starting your online business. Of course not all business models will require each of them. But I’ll explain the few basic components that MOST will need. 1) Domain Name Depending on what you want out of your domain name, this will determine how you choose it. If you are looking for a short, catchy and easily remembered domain name, then go for something short and unique. But if you want your domain name to have good rapport with the search engines, then go for keyword rich domain names. (This is the general understanding. Whether it really HELPS in the Search Engines or not cannot be guaranteed) 2) Web hosting You need to find a good web hosting company. There are many in the market out there. Check out which one will suit your business needs. Generally, you’ll need secure server capabilities. As is the common practice now, they should be offering you cgi capabilities and ftp accesses. One thing to take note, do not be tempted by FREE hosting. Nothing is FREE in this world. The risk of your site having downtime and lousy support far outweighs whatever you can save by not having a proper hosting company. But if you are just testing out some mini-sites, then it’s okay to go for free hosting. But be forewarned, you get what you pay for. 3) Order processing If you are selling something that needs to accept payment, then you will need to be able to accept credit card payment online. If you don’t, you are missing out on 90% of your potential sales. It’s quite simple to set-up a third party merchant account with one of those companies that provide this facility, i.e. accepting online payments. Got it? Good, let’s ROCK ‘n ROLL! COPYCAT BUSINESS #1 - DIRECT RESPONSE WEBSITE This is one of the most common business models you will see on the Internet. Why? Because it’s one of the simplest website to create. A typical direct sales website will have one sales letter (typically a rather long one) ‘persuading’ you to buy the product it is offering. And if the visitor likes the product, they proceed to the order page to purchase. If they do not wish to buy at that point in time, they leave. But are they let off that easily? Not really. The experienced marketer will find a way to get hold of the visitor’s email address so that they can keep in touch with the visitor again. The reason is simple. Majority of your visitors will not buy on their first visit or first contact. Studies have shown that it takes on average of 7 contacts before a sales is concluded (for your information, this applies to both online and offline marketing). In order to have the optimum results for converting visitors into customers, you need to contact them on average, 7 times. By capturing their email address, you can email them with some useful information and at the same time pr omoting your product again, thus increasing your chances of conversion. Nuts ‘n Bolts Your OWN product. This does not necessarily means a product you create on your own. It can be something you created, you bought a resale rights to or even something that others created for you. But the bottom line is you have to have CONTROL over the product. Product visual. Whether you like it or not, visuals do appeal to the eyes, one of the human sensors. Visuals alone will not define your success, but it will assist you in converting MORE sales. Sales letter This will make or break your business. Whether your visitor decides to buy or not will depends on how persuasive your letter is. There are lots of resources on how to write persuasive and compelling sales letter. If you are a Warrior member, you can download lots of excellent Payment processor You NEED to accept online orders. I’m sure you have heard that. Pop-Up Window If you want to capture your visitors email address, this feature (whether you like it or not) will increase your sign-up rate by more than 200% as compared to just using a sign-up form at your site. Auto-Responder Messages Prepare a series of messages to be sent out at certain intervals (example everyday or every two days) to those who opt to sign-up to your mailing list. Remember, do not just send out blatant sales messages. Before you even reach the 7 series, they would have already unsubscribe. th Instead, offer something useful and informative relating to your product, and subtlely recommends that they need your product. The Goodies This model can be extremely profitable, especially if your product is an intangible one like downloadable e-Books, software, audios and so on. Your product and delivery cost is practically zero. After having built a successful website on your product, you can automate a lot of the tasks involved. This will free up your time to launch another website. After selling your product, there are opportunities to profit from recommending related back-end products to your customers. resources for FREE. The Baddies You need to have a product. To some people, this can be quite a challenge. The next thing you need is writing your sales copy. Depending on your command of the English language, this can be easy or challenging. I suggest getting some resources to learn how to write compelling sales copy. The next tough part is driving traffic to your website. Please do not have the impression that visitors will ‘automatically’ visit your website just because you are selling something which you ‘think’ they need. Tough luck! Tips, tips and tips Internet marketing plays an important role in this type of website. There are lots of Internet marketing books and courses that you can learn from. Of course, there has not been a manual that is the Bible of Internet marketing. Simply because marketing is dynamic and unique to each business, you need to tailor what you learn specifically to your website. To be continued later... but YOU can download my FREE Reports and Ebooks by subscribing to me or being one of my subscibers via WWW . ACTION PLANS TO SUCCESS . INFO or http://2go.wall.fm/forum/topic/14 for more step by step guide of making money and creating wealth legally. To your success Presegs Adesida 1 Like |
Re: "7 Advantages of Starting Your Own Legal INTERNET BUSINESS&Making Money Online" by AFOLSNETWORKS(m): 1:29pm On Aug 19, 2012 |
Nice post, but better if summarised. In case u want to design a website visit www.afolsnetworks.com or call the number on signature below. |
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