Adding Streams Of Internet Income To Your Online Business
As consumer demands change almost daily, rather than rely on one form of online income, it is a good idea to offer a variety of products on your online business website which in turn will generate streams of internet income for you.
Ideally, your main service or product that you are offering should generate your first stream of internet income. For more experienced internet marketers this may well be a product that they have developed themselves. There are numerous ways to generate streams of internet income and we will discuss a few in this article.
However, before you can do that you will need to get set up with your own online business in order to be able to effectively market multiple products on one website.
So your first step is to get a website of your own and start your own online business. Without one you cannot expect to make a good income online.
It just does not make sense not to have your own website and to waste time marketing five or six products separately when you could be marketing them altogether on one site. So, top priority is to get a website and domain of your own.
It certainly is possible to earn online income without a website, rather like it is possible to make money in the street without having a shop of your own. An example of this would be the auction sites. If you are serious about earning multiple streams of internet income then your own online business website would be the main channel through which the online income will flow.
Once you have setup your own online business website then your task is to spend most of your time consistently driving targeted traffic to your website.
When visitors arrive on your site offer them something for free in return for their email address. This enables you to build your list and keep in contact with them. The first email that goes out from your auto-responder, after they have signed up, would contain the link to the free offer you promised them and then return to the theme of the advertisement that first attracted them to your site, which will most likely be your primary service or product.
Offer your visitors valuable freebies and useful information rather than give them a sales pitch. Your goal is to develop a long term relationship with your visitors, so don't give the impression that you are desperate to sell something to them.
Now that your business is set up and running, you can add additional streams of internet income to your online business.
Affiliate programs offer a great selection of products that you could use for a second stream of internet income. As there are thousands of affiliate programs on the internet, do spend some time to find the right ones. A two-tier affiliate program which is free for you to join, may appeal to you plus you may want to consider a network marketing program, which will require normally a monthly payment, but will offer a higher financial reward.
Once you are getting sufficient traffic to your website you may want to consider adding a third income stream in the form of posting adverts, such as Google Adsense or offering advertising space to other businesses.
You could even start offering your visitors the same internet tools that you have used and feel would be beneficial to them too. Many hosting companies offer an affiliate program, so if yours does then recommend them and earn a residual income. You may have purchased a keyword or seo ebook that you found extremely useful, so sign up as an affiliate and offer them for sale too. You could add these to your website or offer them by email to your list of opt-in subscribers.
You could generate another stream of income by packaging your own personally written unique articles into an ebook and selling them on your site or offer the ebook to your subscribers.
You can add a further stream of internet income to your online business by developing an affiliate program of your own to increase sales of your own product and this will also leverage your reach across the internet.
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
Cynthia Minnaar runs her own Online Business Ideas site full-time from home. She invites you to learn more about how to start your own online business and generate multiple streams of internet income.