For all your online business building info! , 2020-03-30 11:15:18
Which Web Business is Best for You?
On day you decide that you want to make money online and start an online business. After all, many people have done it before you and so why shouldn’t you get a piece of the online money pie. But before you can get to the part where you make any money, you need to decide what you want sell. Without a product or service there is little change of making large sums of money.
There are many ways to make money online, but if you take a closer look, you will see that there are only three general forms of online business strategies, which are:
- Buying and Selling.
- Creating and Selling.
- Commission Selling.
Let’s take a closer look at each of these subjects.
Buying and Selling
The most common strategy for buying and selling on the internet is by using a web-shop.
Not only “real” products (such as camera’s or computer parts) are sold online, but also electronic products (information products, in the form of e-books, audio-books or video’s.)
The web-shop can either be a standalone web-shop or “web-shop” on eBay. In fact, many people start there online money making business on eBay and later move on to a “normal” web-shop. Wether they by the products at wholesale, flea-markets or local auctions, if it is bought at the right price, then anything will sell on eBay.
If you have a web-shop then you should look into drop-shipping. Drop-ship wholesalers packages and send the sold product to the customer for you. If want to know more on making money online – use drop ship wholesalers then click the link.
More on making money on eBay can be found here:
Creating and Selling
This form will give you total control. Many people follow this strategy; they make their own products or service and try to sell them online. (Not all people make each product on themselves. There are also a lot that hire a freelance writer or programmers to do work for them.)
The products that are made are usually information products in the form of eBooks, video or audio. They try to gather information on a niche topic and write it down in an eBook. This eBook (video or audio-book) is then sold using a landing-page. A landing-page is usually one web-page (using its own domain name, title of the eBook for instance) where traffic is guided to using Pay Per Click ads (Google Ad Sense for instance) or a web-site with actual content on the same subject. Most of people also use their own affiliate program (see strategy Commission Selling) to drive traffic to their landing page.
You can start a new business online selling existing products and/or services. Usually these product or service is owned by a third party and you will make a commission if can convince someone to buy the product from them. The people that sell on commission basis are called affiliates.
There are affiliate programs on just about any niche product or service you can think about. (Take a look on clickbank.com for affiliate programs.) If you have a topic or niche where you want to develop your business around, you’ll more than likely be able to find an affiliate program you can join.
If you like to read more on the affiliate business then take a look at these links:
- Avoid these common mistakes in affiliate marketing
- Selling a product online
- Make money online with affiliate programs
- Affiliate Marketing – Something for you?
- Internet marketing acronyms
That is all on these three general forms of online business strategies. Whatever strategy you choose to make money online, we hope you be successful!
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