MY POINTS
REASONS WHY YOU SHOULD DO BUSINESS ON THE INTERNET!
SPEED: It’s fast and it’s even getting faster by the day. e.g sending mails to your customers or clients.
COST: The cost of doing business on the internet is low and insignificant compared to your profit margins while that of offline is expensive. e.g sending mails by courier is costlier than sending it through the internet.
DELIVERY TIME: Mails, products and services can be delivered instantaneously to the customers as compared to offline business
OPERATIONAL TIME: Your business can be operational 24hrs a day, 7days a week, 365days a year while offline businesses always have off days, holidays and weekends.
GEOGRAPHICAL LIMITATIONS: On the internet, there are no Geographical limitations. The Whole World is your market while a business is limited or influenced in its profitability by its geographical area in Off line businesses
CUSTOMER BASE: Your customer base is limited with Off line businesses while it is Unlimited on the internet.
DRESS CODE: You can sit at home in a Pyjamas or in your boxers and T-Shirt and still make cool cash weekly on the net while you must dress formally to do business off line.
LOCATION: Your internet business can be run from anywhere in the world with your Computer or Laptop and an internet connection while your off line business would require that you report at a fixed location to get things done.
WAYS TO CREATE WEB WEALTH
How much money you make depends on your understanding of how things work online and on the products and services you choose to offer. Again, Your level of success on the net depends on the strength of your product idea and the combination of marketing techniques that you employ to get the word out about your website and your product.
JOIN AFFILIATE PROGRAMS
Affiliate programs are simply a system by which you make money from promoting other peoples products or services. As an affiliate, you are actually in the business of selling the products and services being offered for sale by other website owners. In return, you will receive a commission for every sale made from your referral. e.g www.clickbank.com , www.amazon.com , www.commissionjunction.com , www.ebay.com , e.t.c, e.t.c
CREATE AN AFFILIATE PROGRAM
If you’ve got a very hot product or service you really want to make big bucks with it, then you should consider starting up your own affiliate program. What this means is that you will create a system or program that allows hundreds or thousands of websites owners to sign up with you for the purpose of promoting your products to visitors to their websites.The best part is that you won’t pay them until they make a sale so you won’t have to worry about huge overheads or salaries.With a sound knowledge of how the internet works and a free email address, you can start making money from this program.
If you are able to put up a very strong sales letter to push the product, then an affiliate program can help you make serious money.You will also need to get the right technology involved to enable you to track sales and pay commission as at when due to loyal and hard working affiliates. There are more than enough companies online who are willing to help you set up your own affiliate ( for a fee of course ). All you need to do is to search for a list of top companies that offer such services online.Such companies that can help you set up your own affiliate program are - www.clickbank.com , www.affiliateshop.com :affiliate shop will help you set up your own affiliate program and turn you into an affiliate merchant.
BUILD AN AUCTION SITE
www.ebay.com is an auction site and it does a few million dollars worth of business each year. An auction site is a site that allows people offer stuffs for others to bid on.The way to go about it is to create your own niche ( from a truly brilliant idea ) and that you should employ the use of extremely powerful and suitable web technology that would actually make it possible to hold your own in your chosen field.
CREATE A FORUM
Web Forum is simply a website that allows anybody air his or her opinion on any subject or topic and have other visitors to the website respond to the views shared by the one who started the topic or thread.
Web Forums are online discussion groups. e.g www.nairaland.com , www.naijadollar.com e.t.c,e.t.c
BUILD A MEMBERSHIP SITE
An approach to making money online is to provide a unique and useful service ( like a dating site for young and unmarried people ) and thus limiting the entry or the use of your website to registered members only.Thus Visitors to the site and those who wish to benefit from your services will have to pay a registration fee to enjoy the facilities you offer.For this sort of web business to have a better chance of succeeding however, you would do better to provide a bait ( some sort of free service ) to achieve your desired results. An example of Membership site is www.membershipsiteowner targeting those who run membership sites.One way it beats others is that you get your money every time as long as you give them the best. www.successuniversity.com : A motivational membership site that gives motivational products to its members every month. www.audiomotivation.com : Provides access to motivational MP3 messages monthly. www.soundsoccer.com : A membership site for football coaches. Others are www.myretirementhelp.com , www.mathtutordvd.com
HOW DO I HAVE MY OWN?
Have a website (register a domain name and pay for Hosting)! You need a membership site script : A script is a code that prevents every dick and Harry from having access to your site. Some site script are free and some you pay for it but the free one saves Limitations. Visit google.com and search for membership site script. e.g www.hotscript.com. I CAN ALSO PUT ONE UP FOR YOU AT A TOKE...
BUILD A PORTAL WEBSITE
Portal Websites are websites that are built in the Yahoo model. They are websites which serve as landing grounds for visitors to the internet. They offer free valuable and attractive services (like free email or free search facilities ) that make web surfers to make frequent visits to these sites. More are www.lycos.com , www.hotmail.com , www.gmail.com , e.t.c
Google.com is another example of a Portal website. Google’s free search engine attracts tons and tons of web surfers to its website on a daily basis, i.e It attracts a few million hits (visits ) every day from surfers looking to find some very useful information.
START A DIRECT SALES OR ECOMMERCE WEBSITE
This is a website that is built strictly for the purpose of selling your products or services.e.g www.amazon.com , Jumia Nigeria, Konga, Dealdey, Yudala, Payporte, Vconnect, and Kara e.t.c . These sites usually have their products or services details which promote the strength, advantages and benefits of their Products.
MY LAST WORD!
The followings are the ways WEBSITES OR WEBSITE OWNERS make their moneys. The ball is in your court to choose which part you want to follow:-
*Sales of products and services
*Sales of banner and adverts space
*Referral fees through affiliate programs
*Renting out your mailing Lists
*From your database of satisfied customers, The more of a product or products that a Website owner can sell, the more money he or she will make. The more people a site can attract to visit it on a daily basis, the more other website owners will be willing to pay to advertise on such sites.
Whether you run a portal or a direct sales website, TRAFFIC is the name of the game!
TRAFFIC refers to the number of visitors to a website on an hourly, daily, weekly or on a monthly basis.
Therefore, the higher the TRAFFIC, the more likely it is that the site will succeed.The job of every site owner is to find creative ways and means to attract traffic ( people who are interested in the products or services you are offering ) to his sites. This requires that you direct your marketing efforts towards a particular niche.
- It took 30 years for radio to reach 50Million users.
- 13 years for TV to do the same
- While 5 years for the Internet to achieve this same feat.
REASONS WHY YOU SHOULD DO BUSINESS ON THE INTERNET!
SPEED: It’s fast and it’s even getting faster by the day. e.g sending mails to your customers or clients.
COST: The cost of doing business on the internet is low and insignificant compared to your profit margins while that of offline is expensive. e.g sending mails by courier is costlier than sending it through the internet.
DELIVERY TIME: Mails, products and services can be delivered instantaneously to the customers as compared to offline business
OPERATIONAL TIME: Your business can be operational 24hrs a day, 7days a week, 365days a year while offline businesses always have off days, holidays and weekends.
GEOGRAPHICAL LIMITATIONS: On the internet, there are no Geographical limitations. The Whole World is your market while a business is limited or influenced in its profitability by its geographical area in Off line businesses
CUSTOMER BASE: Your customer base is limited with Off line businesses while it is Unlimited on the internet.
DRESS CODE: You can sit at home in a Pyjamas or in your boxers and T-Shirt and still make cool cash weekly on the net while you must dress formally to do business off line.
LOCATION: Your internet business can be run from anywhere in the world with your Computer or Laptop and an internet connection while your off line business would require that you report at a fixed location to get things done.
WAYS TO CREATE WEB WEALTH
How much money you make depends on your understanding of how things work online and on the products and services you choose to offer. Again, Your level of success on the net depends on the strength of your product idea and the combination of marketing techniques that you employ to get the word out about your website and your product.
JOIN AFFILIATE PROGRAMS
Affiliate programs are simply a system by which you make money from promoting other peoples products or services. As an affiliate, you are actually in the business of selling the products and services being offered for sale by other website owners. In return, you will receive a commission for every sale made from your referral. e.g www.clickbank.com , www.amazon.com , www.commissionjunction.com , www.ebay.com , e.t.c, e.t.c
CREATE AN AFFILIATE PROGRAM
If you’ve got a very hot product or service you really want to make big bucks with it, then you should consider starting up your own affiliate program. What this means is that you will create a system or program that allows hundreds or thousands of websites owners to sign up with you for the purpose of promoting your products to visitors to their websites.The best part is that you won’t pay them until they make a sale so you won’t have to worry about huge overheads or salaries.With a sound knowledge of how the internet works and a free email address, you can start making money from this program.
If you are able to put up a very strong sales letter to push the product, then an affiliate program can help you make serious money.You will also need to get the right technology involved to enable you to track sales and pay commission as at when due to loyal and hard working affiliates. There are more than enough companies online who are willing to help you set up your own affiliate ( for a fee of course ). All you need to do is to search for a list of top companies that offer such services online.Such companies that can help you set up your own affiliate program are - www.clickbank.com , www.affiliateshop.com :affiliate shop will help you set up your own affiliate program and turn you into an affiliate merchant.
BUILD AN AUCTION SITE
www.ebay.com is an auction site and it does a few million dollars worth of business each year. An auction site is a site that allows people offer stuffs for others to bid on.The way to go about it is to create your own niche ( from a truly brilliant idea ) and that you should employ the use of extremely powerful and suitable web technology that would actually make it possible to hold your own in your chosen field.
CREATE A FORUM
Web Forum is simply a website that allows anybody air his or her opinion on any subject or topic and have other visitors to the website respond to the views shared by the one who started the topic or thread.
Web Forums are online discussion groups. e.g www.nairaland.com , www.naijadollar.com e.t.c,e.t.c
BUILD A MEMBERSHIP SITE
An approach to making money online is to provide a unique and useful service ( like a dating site for young and unmarried people ) and thus limiting the entry or the use of your website to registered members only.Thus Visitors to the site and those who wish to benefit from your services will have to pay a registration fee to enjoy the facilities you offer.For this sort of web business to have a better chance of succeeding however, you would do better to provide a bait ( some sort of free service ) to achieve your desired results. An example of Membership site is www.membershipsiteowner targeting those who run membership sites.One way it beats others is that you get your money every time as long as you give them the best. www.successuniversity.com : A motivational membership site that gives motivational products to its members every month. www.audiomotivation.com : Provides access to motivational MP3 messages monthly. www.soundsoccer.com : A membership site for football coaches. Others are www.myretirementhelp.com , www.mathtutordvd.com
HOW DO I HAVE MY OWN?
Have a website (register a domain name and pay for Hosting)! You need a membership site script : A script is a code that prevents every dick and Harry from having access to your site. Some site script are free and some you pay for it but the free one saves Limitations. Visit google.com and search for membership site script. e.g www.hotscript.com. I CAN ALSO PUT ONE UP FOR YOU AT A TOKE...
BUILD A PORTAL WEBSITE
Portal Websites are websites that are built in the Yahoo model. They are websites which serve as landing grounds for visitors to the internet. They offer free valuable and attractive services (like free email or free search facilities ) that make web surfers to make frequent visits to these sites. More are www.lycos.com , www.hotmail.com , www.gmail.com , e.t.c
Google.com is another example of a Portal website. Google’s free search engine attracts tons and tons of web surfers to its website on a daily basis, i.e It attracts a few million hits (visits ) every day from surfers looking to find some very useful information.
START A DIRECT SALES OR ECOMMERCE WEBSITE
This is a website that is built strictly for the purpose of selling your products or services.e.g www.amazon.com , Jumia Nigeria, Konga, Dealdey, Yudala, Payporte, Vconnect, and Kara e.t.c . These sites usually have their products or services details which promote the strength, advantages and benefits of their Products.
MY LAST WORD!
The followings are the ways WEBSITES OR WEBSITE OWNERS make their moneys. The ball is in your court to choose which part you want to follow:-
*Sales of products and services
*Sales of banner and adverts space
*Referral fees through affiliate programs
*Renting out your mailing Lists
*From your database of satisfied customers, The more of a product or products that a Website owner can sell, the more money he or she will make. The more people a site can attract to visit it on a daily basis, the more other website owners will be willing to pay to advertise on such sites.
Whether you run a portal or a direct sales website, TRAFFIC is the name of the game!
TRAFFIC refers to the number of visitors to a website on an hourly, daily, weekly or on a monthly basis.
Therefore, the higher the TRAFFIC, the more likely it is that the site will succeed.The job of every site owner is to find creative ways and means to attract traffic ( people who are interested in the products or services you are offering ) to his sites. This requires that you direct your marketing efforts towards a particular niche.
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