Which unique home based business opportunity will you use to monetize your site, or to make it generate income? As you consider starting an online business you too need to consider this most important element of building your business regarding which internet business models you will use to build your online business. You will either create a unique home based business opportunity or not.
For each business you build, you will choose one of these models that will work best for your particular business and niche you’ve chosen. Now, the more sophisticated and experienced you become the more likely you will combine some of these. But starting out you want to keep things simple and you want to focus so you can get up and running. It actually all started because I wanted to transfer my Site Build It (SBI) website to WordPress.
Attempting to eat the whole pie at this point will simply frustrate and delay your initial success. Your goal is to build a unique home based business opportunity that works 24/7.
In my case for instance, I wanted to produce my e-book way too soon and I lost some time and energy focusing on that before I was really ready. I’m just working on that piece of the puzzle now after having set it aside for some months. I really wish I had signed up for a service like Site Build It right form the start. Let’s look at the basic list of choices of internet business models you might use to create your own unique home based business opportunity. Under each of these are also sub topical methodologies and we’ll discuss those below as we go.
Building a list of names and email addresses for future mailings
Using this model your primary goal is to capture names and email addresses so that you can send specific offers based on the reason they came and responded to your initial ad? The idea here is that you will be using a landing page with a form that will request the information in exchange for something – it could be an e-book, an email course, entrance into the website really anything of value that will entice folks to provide their name and email address.
So, using this internet model you advertise (paid or free), receive visitors, but receive nothing at this time, and you provide them with the information or request for which they came. In this method the email list is everything combined with the knowledge of the reason they visited and completed the form.
Armed with a list of prospective customers who have “opted in” or given you permission to send them future emails (always with the right to remove that option), you then begin to make very targeted offers for the kinds of products and services they are likely already buying or that you hope will buy in the future. If this method is used it will create a unique home based business opportunity that can work in a very big way if managed properly.
This is far and away one of the most popular internet business models chosen by beginners. This is because you can start immediately. You have no cost associated with the product itself but rather just your costs of setting up and then advertising in some form or another.
Typically you will be representing big name companies or well known name brands online (such as in the online business world, the companies may be huge, doing millions of dollars of business every week but the name may not be recognized by the average person). By representing these companies you already have name recognition when representing household names.
When doing affiliate marketing you might use a website that is Informational, a Review type, or simply use landing pages to redirect visitors to the primary corporate site to make the transaction. So, this too needs to be decided within the framework of choosing which internet business models to use you also must decide what marketing method you will use.
Affiliate marketing is one of the most powerful online businesses and while it is not really a unique home based business opportunity, it can generate a lot of cash using this model. Go to the button on this site for more details about how to begin an affiliate marketing business:
Promoting your own product or service
When promoting your own product or service you choose a slightly more challenging route unless what you have is really phenomenal and the profit margin is so large that you have plenty of room between marketing costs and profits. And generally speaking you will have a very high profit margin if you have created or invented a product or service that you alone own. This is the way many of the big name online operators started.
Here too, though, it is all the more important to decide on which internet business models you will choose from because this choice will determine all you do from here on out. You can really use any of the models shown here or develop your very own (which will still typically be a form of these). So, this too can be developed into a very unique home based business opportunity as long as you think it through completely and build it properly. It is a little harder but may be very rewarding.
Building a Network Marketing Business – Two Forms
Millions of people are attempting to build either network marketing businesses, direct marketing businesses OR multi-level-marketing companies both on and offline.
To learn more about the differentiation between these business models go to my article here: Network Marketing / Direct Marketing / MLM – Defined
Focus to Win
You’ve now read through the Big 7 Steps to starting an online business and the rest of this site (beyond these 7 introductory pages) is all about putting these steps into action so you can build your own unique home based business opportunity. As always, you may contact me at anytime using the form below for any assistance. I’ve suggested a few links to which you can go from here: Book Excerpts from Building a Purposeful Business
Usually when someone types in work from home extra income into the search engine a myriad of choices become available on the page Google, Yahoo or MSN send you to.
I have found the question most people are asking is: What can I do to earn some money by working from home rather than what my site is primarily about – Building Your Own Online Business.
So, with this in mind I’m going to send you to a page that I wrote to address this matter of earning extra income so you can find some surefire, simple ways that YOU can make it work for YOU, that is You Can work from home extra income can be YOURS.
But before you go that page, understand that the more you invest of yourself in terms of time and energy into any project but particularly an online endeavor, then the more you will earn in rewards whether this is more money, satisfaction of achievement, the feeling of success or personal growth.
So, the next page WILL DEFINITELY provide you with some great ways about how you can easily, simply and immediately begin to generate an income! But it will not be thousands of dollars to per month. Anyone that tries to tell you that you can make big bucks but do little or nothing or just do some work online, is simply not telling the truth, so try to avoid that kind of hype.
But to Absolutely Change Your Life!
To generate the BIG DOLLARS online you will need to do a number of things that this site will explain to you in detail but to begin with I simply suggest you start here for simplicity: Plug in Profit Site – Simple, Clean, Informative
Go here to learn more about online businesses if you are not quite ready to start just now. Work from home extra income here
Now here is an affiliate company that pays for surveys so this is one of the easiest affiliate programs to do and this company is the top in the industry.
Real Home Businesses
If I can help you think through your choices: whether earning extra income OR building a business for significant income, use the form below to contact me with any questions.
Here is one of the simplest ways to get started online with a site that is up and running within 48 hours and all the affiliate relationships established. The training is fantastic as you’ll learn all about internet marketing as you go and grow.