Internet Based Business Models – Part 1

Internet Based Business Models – Part 1

I’m going to congratulate you again.

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

This time I want to talk more about the choices you haveavailable to you as a person wanting to get started in yourvery own business.

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

We will just skim over the different ways for now, but don’tworry because we’ll re-visit them later for a closerinspection.

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

Turn-Key Business – this type of business is great if youare a complete novice and just starting out. They arecalled ‘turn-key’ because everything is set up ready foryou to start immediately, that is, you just turn the key.

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

Affiliate Programs – a simple arrangement where you directcustomers to a merchant and receive a commission oneverything the customer buys. It can be anything fromtropical 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 tothe web address the affiliate program gives you. I make alot of my dollars from affiliate programs.

Drop Shipping – this time you are the merchant. But beforeyou say ‘not for me’ listen to this. You don't have to seethe product, touch the product or even purchase the productthat you sell.

This is how it works. You find a product that is availablefrom a wholesaler that you could sell for a profit (I’llshow you where to find them later). You set yourself up asa merchant with a website (easier than it sounds, I’ll alsotell you more about this in a later issue). Then you getvisitors to your site, through advertising or searchengines like ‘Google’.

Every time someone buys, you send the order to thewholesaler, they will send the product to the customer andsend you a bill. You pay the bill from the customer’s moneyand the left-over is your profit.

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

OK, these are a few models for you to think about, butthat’s not all by a long shot. I’m spreading them out overa couple of issues so you have the chance to do a littleextra research and think them over.

Until next time, remember persistence pays off – BIG TIME.Your FriendMurray Hughes007 Work From Home

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