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Wednesday, February 6, 2008

Home business

The 2 most popular business models are:1) Affiliate MarketingThis 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.2) E-book and Information PublishingSitting 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.

1 comment:

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