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Main Page –› Internet & Computers –› Business & Investment Opportunities
 

Internet Based Business Models - Part 1

 
Author: Murray Hughes
 

Getting Started At Home in Your Very Own Business

Internet Based Business Models - Part 1

I'm going to congratulate you again.

By reading this you are already displaying the #1 most vital ingredient to enjoying success.. persistence. Keep it up!

This time I want to talk more about the choices you have available to you as a person wanting to get started in your very own business.

There are so many ways to do it I couldn't possibly cover them all here. But since my expertise is in using the Internet to build a business, that's what I'll teach you.

We will just skim over the different ways for now, but don't worry because we'll re-visit them later for a closer inspection.

Let's have a look at the different ways to do it:

Turn-Key Business - this type of business is great if you are a complete novice and just starting out. They are called 'turn-key' because everything is set up ready for you to start immediately, that is, you just turn the key.

Usually, turn-key businesses are in the network marketing industry. That's a dirty word to some but an effective way to make massive dollars if you are prepared to do it. Some of my income comes from this type of business.

Affiliate Programs - a simple arrangement where you direct customers to a merchant and receive a commission on everything the customer buys. It can be anything from tropical holidays to pen sets to downloadable ebooks.

Many online merchants have an affiliate program in place, which you can easily sign up for. Then you send people to the web address the affiliate program gives you. I make a lot of my dollars from affiliate programs.

Drop Shipping - this time you are the merchant. But before you say 'not for me' listen to this. You don't have to see the product, touch the product or even purchase the product that you sell.

This is how it works. You find a product that is available from a wholesaler that you could sell for a profit (I'll show you where to find them later). You set yourself up as a merchant with a website (easier than it sounds, I'll also tell you more about this in a later issue). Then you get visitors to your site, through advertising or search engines like 'Google'.

Every time someone buys, you send the order to the wholesaler, they will send the product to the customer and send you a bill. You pay the bill from the customer's money and the left-over is your profit.

Sounds tedious but there are ways to automate the process to run without you doing much at all. I've never tried drop shipping but done a lot of reading and no some people making over 7 figures with this method (yes, 7 figures!).

OK, these are a few models for you to think about, but that's not all by a long shot. I'm spreading them out over a couple of issues so you have the chance to do a little extra research and think them over.

Until next time, remember persistence pays off - BIG TIME.

Your Friend,

 
 
 

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