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Internet Based Business Models - Part 2
Getting Started At Home in Your Very Own BusinessInternet Based Business Models – Part 2Still here? Excellent, I’m proud of you.Really, I mean that.Never give up on your dreams.. ever, and they will reward yourpersistence and faith by coming true. A simple philosophy butincredibly powerful one that I whole-heartedly believe andbeginning to experience.OK, let...
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...’s pick up where we finished last time.Last time we discussed: •Turn-key businesses •Affiliate programsand •Drop shippingNext I want to talk about:Advert Revenue – did you know when you visit someone’s site andclick on a Google advert the website owner makes money?It works like this, Miss A has a product to sell so she paysGoogle (in this example) to advertise her product.There are 2 places to put the ads – (1)on the Google resultspages, you know the ads you see down the righ...
...t hand side of theresults pages, they are called ‘Adwords Ads’ and every timesomeone clicks, Miss A pays for it. (2)The same type of ads arealso sometimes displayed on websites, usually, but not always,they are also displayed by Google but this time they’re called‘Adsense Ads’.If you are the website owner in situation (2), every timesomeone clicks on one of Miss A’s ads on your site, half of thefee she pays will go to you and the other half to Google.Get a lot of clicks and it can add up fast. I’ve only juststarted doing this and found it an excellent additional anotherrevenue stream for my business.Selling on eBay – its no secret that eBay has created more athome buzinesses than anything else in the history of the world.Its not difficult to set up and the great thing is you don’thave to go looking for customers.They come to you with their credi.t card already in their hands.Believe me, when you begin your very own business, you willappreciate the beauty of having customers that ‘look for you’.You would be excused for thinking eBay is only a place to sellthat old skate board, or retired TV but it is much, much morethan that. With supposedly over 30,000,000 registered users,everything imaginable is being sold.I’ve seen websites selling for 8-figures, $300,000 Ferraris and$1.20 vintage clothes pegs. Because there is such a huge scopeof possibilities, there are many ways to make dollars.For example: -You can use drop shipping to sell productwarehoused by someone else. This is the method used by most BIGsellers on eBay. -Or purchase things cheap on eBay and resellthem at a higher price by writing a better advert and listing itin a better category. -Or pick up bargains at your local trash‘n’ treasure and sell them on eBay for a profit. -Or resell adigital product (eg. ebook, software, audio etc) created bysomeone else but you own the resale rights to (very simple todo). -Or create your won digital product and sell it on eBayRecently I’ve been testing how selling one of my own products oneBay will go. I’ll keep you posted.Resell Rights – many book authors sell resell rights. That is,for an additional fee, you can purchase the right to sell thebook and keep 100% of the proceeds. Often, the rights come withthe book at no extra expense. Why would someone ‘give you’ theright to sell their book and keep 100% - I’ll tell you when welook closer at resell rights.There are literally hundreds if not thousands of books availablewith resell writes.Well, that’s another 3 methods for you to think over. What doyou like so far, you don’t have to decide now because we willgive each a closer look soon.Next time we will continue this discussion and I’ll cover theremaining ways for getting into your very own business using theInternet.Until next time, remember persistence pays off – BIG TIME. YourFriend Murray Hughes 007 Work From Homehttp://www.007workfromhome.com/internet-based-business-models-2.htm
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