3 Easy, Money Making Internet Business Models

3 Easy, Money Making Internet Business Models
by: Gobala Krishnan
Copyright 2005 Gobala Krishnan

Amid all the noise and hype on the Internet today, not many people realize that all the ideas and techniques you can find are petty much useless if you don't first understand your business model. In other words, even the most amazing Internet marketing technique will not work if you don't understand how to apply it to YOUR business.

The 3 most popular business models are:

1) Affiliate Marketing

This is perhaps the most popular one out there, since there are absolutely no barriers to entry. Almost anyone can sign-up for an affiliate program for free and start promoting the product or service on the Internet with hopes that someone will buy, giving them instant commissions. Affiliate marketers don't carry any risk, since they do not pay for the creation of the product, they do not handle customer service and they do not need any up-front investments.

When you consider that those are the top three things people want to avoid, it's no surprise that almost everyone and their neighbor promotes an affiliate program or another. In fact, if there is a single reason why the Internet today is so proliferated with ads and banners, it's because of affiliate programs.

Even though there are so many affiliate marketers out there, only 5% ever make any money and only 1% makes big money. The "Super Affiliates" do it very differently from all the other millions; therefore they earn the big checks.

You can get a good idea of how to be a good affiliate marketer here: http://affiliatemarketing.sitesell.com/globalmillionaire.html

2) E-book and Information Publishing

Sitting at the other end of the spectrum, e-book authors need to be more disciplined in their approach to Internet marketing. Of course, they also need to invest more than affiliates do. While affiliates can get away trying to "get something for nothing" the same is not true for the e-book type of business.

If you're thinking about publishing and selling your own e-book online, and you think it's going to be easy, think again. You'll need to learn a lot more than affiliates are required to. You'll need to spend some amount of money getting your business up and running. However, when you do it right, the payoff in this online business model is much more rewarding.

The reason why e-book marketers and "Infopreneurs" make more money is simple; they have very, very low production and maintenance costs. Anything digital doesn't cost a single cent to be produced in millions if necessary. Whatever initial start-up costs spent can be covered by selling just a few copies of high-margin e-books, and you can even recruit an army of affiliates who are more than willing to do all the selling for you.

Of course, it's not as easy as it sounds, but the point is, when done properly, the "E-book Publishing" model is a truly profitable business.

You can learn more about e-book publishing at http://egoods.sitesell.com/globalmillionaire.html

3) Internet Based Network Marketing

I've heard many people say that the Internet and network marketing are a match made in heaven. In my opinion, though, almost 90% of people get it wrong when it comes to Internet based network marketing. People in this business usually think they're talking about network marketing, but in reality they are talking about affiliate marketing.

They try to make the Internet do all the work. They hide behind their computers and pretend everything's going great. They focus on selling more and more every month. They have systems that are so complicated only they can understand it. Well, that doesn't sound like network marketing to me!

Internet based network marketing is simple if you understand it, and are willing to put in the effort. The role of the Internet here is only to get you the names and contact details of people you can talk to, after which YOU, not a computer, has to build a relationship with these people and help them to start their own business.

For this simple purpose, it is not necessary for you to have a high-tech system and pretend that your auto responder is building relationships for you. It's not going to work. The key is to have simple systems that are duplicable, something you can teach to all those people you have built a relationship with. For this purpose I use NetMarkPro at http://www.netmarkpro.net/globalmillionaire and teach my own affiliates to use it too.

E-book authors, no matter what they say, have no obligation to teach you their "Secret Strategies to Become a Millionaire” of any variations to that. The reason is simple; why tell you the absolute truth when you'll end up as their competitor? No one wants more competitors, right?

Internet based network marketing is very much the opposite of that. You HAVE to tell people EVERYTHING you know or your business will never take off. For this reason alone, I always recommend that if you're new to the online world, you need to first join an Internet based network marketing business at least to learn. Rest assured, no one will be selling you half-baked truths when their success ultimately depends on yours.

These are the Top 3 most popular online business models today. There are more, of course, and you can read about it at http://case-studies.sitesell.com/globalmillionaire.html

No matter which model you choose, make sure you understand the basics, and stop listening to and buying things that are not applicable to your business. Information overload can stop you before you even get started.


--------------------------------------------------------------------------------
About the author:

Gobala Krishnan is an author and Internet based network marketer. Get his free report at http://www.MyInternetDream.com today and find out how you can achieve financial freedom on the Internet.

3 Easy, Money Making Internet Business Models

3 Easy, Money Making Internet Business Models
by: Gobala Krishnan
Copyright 2005 Gobala Krishnan

Amid all the noise and hype on the Internet today, not many people realize that all the ideas and techniques you can find are petty much useless if you don't first understand your business model. In other words, even the most amazing Internet marketing technique will not work if you don't understand how to apply it to YOUR business.

The 3 most popular business models are:

1) Affiliate Marketing

This is perhaps the most popular one out there, since there are absolutely no barriers to entry. Almost anyone can sign-up for an affiliate program for free and start promoting the product or service on the Internet with hopes that someone will buy, giving them instant commissions. Affiliate marketers don't carry any risk, since they do not pay for the creation of the product, they do not handle customer service and they do not need any up-front investments.

When you consider that those are the top three things people want to avoid, it's no surprise that almost everyone and their neighbor promotes an affiliate program or another. In fact, if there is a single reason why the Internet today is so proliferated with ads and banners, it's because of affiliate programs.

Even though there are so many affiliate marketers out there, only 5% ever make any money and only 1% makes big money. The "Super Affiliates" do it very differently from all the other millions; therefore they earn the big checks.

You can get a good idea of how to be a good affiliate marketer here: http://affiliatemarketing.sitesell.com/globalmillionaire.html

2) E-book and Information Publishing

Sitting at the other end of the spectrum, e-book authors need to be more disciplined in their approach to Internet marketing. Of course, they also need to invest more than affiliates do. While affiliates can get away trying to "get something for nothing" the same is not true for the e-book type of business.

If you're thinking about publishing and selling your own e-book online, and you think it's going to be easy, think again. You'll need to learn a lot more than affiliates are required to. You'll need to spend some amount of money getting your business up and running. However, when you do it right, the payoff in this online business model is much more rewarding.

The reason why e-book marketers and "Infopreneurs" make more money is simple; they have very, very low production and maintenance costs. Anything digital doesn't cost a single cent to be produced in millions if necessary. Whatever initial start-up costs spent can be covered by selling just a few copies of high-margin e-books, and you can even recruit an army of affiliates who are more than willing to do all the selling for you.

Of course, it's not as easy as it sounds, but the point is, when done properly, the "E-book Publishing" model is a truly profitable business.

You can learn more about e-book publishing at http://egoods.sitesell.com/globalmillionaire.html

3) Internet Based Network Marketing

I've heard many people say that the Internet and network marketing are a match made in heaven. In my opinion, though, almost 90% of people get it wrong when it comes to Internet based network marketing. People in this business usually think they're talking about network marketing, but in reality they are talking about affiliate marketing.

They try to make the Internet do all the work. They hide behind their computers and pretend everything's going great. They focus on selling more and more every month. They have systems that are so complicated only they can understand it. Well, that doesn't sound like network marketing to me!

Internet based network marketing is simple if you understand it, and are willing to put in the effort. The role of the Internet here is only to get you the names and contact details of people you can talk to, after which YOU, not a computer, has to build a relationship with these people and help them to start their own business.

For this simple purpose, it is not necessary for you to have a high-tech system and pretend that your auto responder is building relationships for you. It's not going to work. The key is to have simple systems that are duplicable, something you can teach to all those people you have built a relationship with. For this purpose I use NetMarkPro at http://www.netmarkpro.net/globalmillionaire and teach my own affiliates to use it too.

E-book authors, no matter what they say, have no obligation to teach you their "Secret Strategies to Become a Millionaire” of any variations to that. The reason is simple; why tell you the absolute truth when you'll end up as their competitor? No one wants more competitors, right?

Internet based network marketing is very much the opposite of that. You HAVE to tell people EVERYTHING you know or your business will never take off. For this reason alone, I always recommend that if you're new to the online world, you need to first join an Internet based network marketing business at least to learn. Rest assured, no one will be selling you half-baked truths when their success ultimately depends on yours.

These are the Top 3 most popular online business models today. There are more, of course, and you can read about it at http://case-studies.sitesell.com/globalmillionaire.html

No matter which model you choose, make sure you understand the basics, and stop listening to and buying things that are not applicable to your business. Information overload can stop you before you even get started.


--------------------------------------------------------------------------------
About the author:

Gobala Krishnan is an author and Internet based network marketer. Get his free report at http://www.MyInternetDream.com today and find out how you can achieve financial freedom on the Internet.

An Online Home Based Business Is Not Rocket Science

An Online Home Based Business Is Not Rocket Science
by: Kirk Bannerman


A few years ago when I first started my online home business I
didn't have a clue regarding how to go about it. I had never
done any Internet marketing, and didn't know anything about
websites or search engines or any of that other online business
stuff...in short, I was a complete rookie. In retrospect, the
two major things that really helped me was that I refused to be
intimidated and I kept a realistic perspective (both in terms of
initial financial results and the time frame necessary to become
successful).

I know from my own years of experience that relatively few
business ventures are started on the Internet by people with
the experience, motivation, determination, backing, and support
that it takes to even have a reasonable chance of success.

Real online business people are those who work hard, who immerse
themselves deeply in marketing and advertising, and who put in
long hours in the beginning in order to see their Internet-based
businesses succeed.

Achieving success in an online business is not difficult to
comprehend. There is indeed a learning curve, but it's not brain
surgery. The process of learning isn't as much the issue as are
the personal traits of motivation and determination.

Develop your marketing plan and execute it. There's no magic in
this online home based business stuff. We're talking real world
here. It's not nearly as romantic as winning the lottery, yet
many of the thousands of people I have helped to start up their
home businesses on the Internet clearly came in with what I have
come to refer to as the "magic/lottery" mentality. Many of those
folks went off to chase another rainbow after a few months, but
some of them also came to their senses and buckled down to
develop very successful home based businesses.

Run, don't walk, away from all of those people that offer you
"shortcuts" or "success secrets" (probably in exchange for some
of your money). I mean, if they had it all figured out, why
would they sell this "magic answer" to you for a few bucks
instead of just keeping it private and then making tons of
money for themselves? (I'll leave it to you to connect the dots)

A key point to always keep in mind is that...business is
business. Regardless of whether you are on the Internet or
operating a business in a shopping mall. The same
fundamental principles apply to both businesses.

1) You need to have a product, or products, to sell.

2) You need to advertise to get customers to buy your
products.

3) You need to provide support to your customers who buy
your products as a result of your advertising efforts.

4) You need to build a loyal customer following, so you can
maintain a profitable business over a period of time.


Many people fall into the trap of believing that because
they are doing business on the Internet, some of these steps
can either be skipped or they need to overemphasize one area
or another.

The bottom line regarding an online business is that you will
need to advertise and you will need to take care of your
customers.

Run your online home business just like a real company
because it is, in fact, a real business and you have a real
opportunity to either be successful or to fail. The primary
difference between an online business and a traditional
business is location (no traditional "storefront"). Nearly
everything else is essentially the same. You have products
and your objective is to sell those products to people who
want/need your products.

Remember, building a business takes time, determination,
and patience. Far too many people seem to think that the
traffic is just going to pour in once they have put up their
own website on the Internet. As anyone who has had a website
for a while knows...this simply is not true, but it is often
the reason people get frustrated and quit. The fact of the
matter is that you need to diligently promote/advertise your
website in order for your online home based business to
flourish and prosper.

One of the most important bits of advice that I can pass on to
you is that you must be patient. Most people start their online
home business with great enthusiasm and high expectations. Often,
after a few months, they become disappointed and frustrated
because they are not already making a large amount of money.

These impatient home business entrepreneurs then often start to
jump from one program to another every few months (never allowing
themselves enough time to succeed at any of them) and, finally,
throw up their hands in frustration and declare that they just
can’t make money online.

Stick with your business and don’t give up. Dogged persistence
(much like the tenacity of a pit bull) is an absolutely vital key
to your eventual success. Don’t give up when things become
frustrating and you are not achieving the immediate success you
expected. Give your online home based business sufficient time to
develop and you realize the success you are seeking.

There is nothing magical about running an online home based
business. It should be run the same as any traditional "bricks
and mortar" business and it will succeed or fail depending on
the time and effort you put into it.

There are many very ordinary people working at home and making a
very good living on the Internet, will you be the next one?




About the author:
Kirk Bannerman operates his own successful home based business
and also coaches others seeking to start their own home based
business. For more information visit his website at http://www.home-based-business-team.com