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Home –› Business & Services –› IT Services
 

Internet Based Business Models - Part 2

 

Author: Murray Hughes

Getting Started At Home in Your Very Own Business

Internet Based Business Models - Part 2

Still here? Excellent, I'm proud of you.

Really, I mean that.

Never give up on your dreams.. ever, and they will reward your persistence and faith by coming true. A simple philosophy but incredibly powerful one that I whole-heartedly believe and beginning to experience.

OK, let's pick up where we finished last time.

Last time we discussed:

" Turn-key businesses
" Affiliate programs and
" Drop shipping

Next I want to talk about:

Advert Revenue - did you know when you visit someone's site and click on a Google advert the website owner makes money?

It works like this, Miss A has a product to sell so she pays Google (in this example) to advertise her product.

There are 2 places to put the ads - (1) on the Google results pages, you know the ads you see down the right hand side of the results pages, they are called 'Adwords Ads' and every time someone clicks, Miss A pays for it. (2) The same type of ads are also 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 time someone clicks on one of Miss A's ads on your site, half of the fee 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 just started doing this and found it an excellent additional another revenue stream for my business.

Selling on eBay - its no secret that eBay has created more at home buzinesses than anything else in the history of the world. Its not difficult to set up and the great thing is you don't have 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 will appreciate the beauty of having customers that 'look for you'.

You would be excused for thinking eBay is only a place to sell that old skate board, or retired TV but it is much, much more than 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 scope of possibilities, there are many ways to make dollars.

For example:

- You can use drop shipping to sell product warehoused by someone else. This is the method used by most BIG sellers on eBay.

- Or purchase things cheap on eBay and resell them at a higher price by writing a better advert and listing it in a better category.

- Or pick up bargains at your local trash 'n' treasure and sell them on eBay for a profit.

- Or resell a digital product (eg. ebook, software, audio etc) created by someone else but you own the resale rights to (very simple to do).

- Or create your won digital product and sell it on eBay

Recently I've been testing how selling one of my own products on eBay 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 the book and keep 100% of the proceeds. Often, the rights come with the book at no extra expense. Why would someone 'give you' the right to sell their book and keep 100% - I'll tell you when we look closer at resell rights.

There are literally hundreds if not thousands of books available with resell writes.

Well, that's another 3 methods for you to think over. What do you like so far, you don't have to decide now because we will give each a closer look soon.

Next time we will continue this discussion and I'll cover the remaining ways for getting into your very own business using the Internet.

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

Your Friend,

Author Bio:
Murray Hughes is a specialist in this area. Murray has written several articles in the past on this topic.
You can also reach this article by using: information technology services, it professional services, information technology management
 
 
 

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