The New Age of Business - Selling Online
There are many opportunities to make money online today that did not exist just 10 short years ago.
Depending on the business model that you decide on, there is a way to make a lucrative living based solely online.
Here are some examples of online business models: 1.
Online storefronts: a.
This is where you offer the same products that you offer in your brick and mortar storefront, but you give people the opportunity and convenience to order online.
Whether you are looking to buy a pair of jeans, or a video game, many people expand upon their existing business by adding a web version of their existing business.
b.
Another method is featuring products that would traditionally be sold in a brick and mortar location, but you choose to see everything online.
The easiest way to go about this method is that you would feature and sell certain products, but rather than stocking the items, you have your wholesellers drop ship the items for you.
The great thing about this method is that you don't have to keep an ongoing inventory, and you don't need to go through the hassle of shipping and tracking your orders on your own.
2.
Selling Digital Products: Digital products are products that can be instantly downloaded upon purchase.
Whether you obtain rights to resell other people's digital products or your own, this is very easy to achieve and can be started with little to no money online.
Digital products can include e-books (electronic books), software products, e-zine subscriptions, and membership websites where additional value is added every month for a monthly fee.
Since there is nothing to ship, and there is an unlimited number that something can be downloaded, this is a great place to start.
3.
Affiliate Marketing: Affiliate marketing is powerful because you don't have to have your own product or website to sell other people's products.
All you have to do is drive traffic to a particular product or service, and when people buy, you get paid.
The commissions range depending on the products, but expecting 20-50% is highly possible, especially considering that the actual seller isn't spending any money for your marketing efforts until there is an actual sale.
On the other hand, if you are good at networking and building trust, people will flock to purchase the products that you speak about.
4.
eBay eBay is a great source of making money online.
In fact, they have tons more traffic than the largest search engine, Google.
Many people try to advertise with Google to get traffic and sales, but eBay's traffic is ready and willing buyers.
They don't go to eBay to look for information; they are going there to buy something.
As you can see, there are many ways to earn a full time living working online.
The best place to start is by identifying which direction to take, and then begin to move in that direction.
Every day, there are millions being spent online.
Why not direct some of that to you.
Depending on the business model that you decide on, there is a way to make a lucrative living based solely online.
Here are some examples of online business models: 1.
Online storefronts: a.
This is where you offer the same products that you offer in your brick and mortar storefront, but you give people the opportunity and convenience to order online.
Whether you are looking to buy a pair of jeans, or a video game, many people expand upon their existing business by adding a web version of their existing business.
b.
Another method is featuring products that would traditionally be sold in a brick and mortar location, but you choose to see everything online.
The easiest way to go about this method is that you would feature and sell certain products, but rather than stocking the items, you have your wholesellers drop ship the items for you.
The great thing about this method is that you don't have to keep an ongoing inventory, and you don't need to go through the hassle of shipping and tracking your orders on your own.
2.
Selling Digital Products: Digital products are products that can be instantly downloaded upon purchase.
Whether you obtain rights to resell other people's digital products or your own, this is very easy to achieve and can be started with little to no money online.
Digital products can include e-books (electronic books), software products, e-zine subscriptions, and membership websites where additional value is added every month for a monthly fee.
Since there is nothing to ship, and there is an unlimited number that something can be downloaded, this is a great place to start.
3.
Affiliate Marketing: Affiliate marketing is powerful because you don't have to have your own product or website to sell other people's products.
All you have to do is drive traffic to a particular product or service, and when people buy, you get paid.
The commissions range depending on the products, but expecting 20-50% is highly possible, especially considering that the actual seller isn't spending any money for your marketing efforts until there is an actual sale.
On the other hand, if you are good at networking and building trust, people will flock to purchase the products that you speak about.
4.
eBay eBay is a great source of making money online.
In fact, they have tons more traffic than the largest search engine, Google.
Many people try to advertise with Google to get traffic and sales, but eBay's traffic is ready and willing buyers.
They don't go to eBay to look for information; they are going there to buy something.
As you can see, there are many ways to earn a full time living working online.
The best place to start is by identifying which direction to take, and then begin to move in that direction.
Every day, there are millions being spent online.
Why not direct some of that to you.
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