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The Newbie’s Guide To
Online Fortunes
A Very
Simple And Easy Guide To
Starting Your Very Own Home Business
On The Internet, As
Soon As Possible!
The
Simple And Easy Step-By-Step
Way To
Start An Online Business
Ok, now
that you know the basics of the what the
internet is I can teach you the simple
basics of starting your very own online
business! So lets get started:
Setting
your online business goals:
The
process of setting goals and objectives
and then designing strategies for
attaining them is essential when
starting an Internet Business. So, you
end up with what is called a business
plan.
To set
specific goals for your new business,
first ask yourself this question:
Why
do I want to start an Internet
Business?
We
already covered this in the early
chapter, which is why you’re reading on!
Okay, next question:
What product or service can I offer
to the people on the Internet?
OR.....
Do I have a product or service that
people are looking for on the
Internet?
To save
you some research work, I’ve included
the list of Top 17 Best-selling items /
categories on the Internet below:
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1.
Clothing
2.
Toys and Video Games
3.
Electronics
4.
Computer Hardware
5.
VCDs / DVDs
6.
Books
7.
Greeting Cards
8.
Home Furnishing
9.
Jewelry
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10.
Health
11.
Travel
12.
Automobile
13.
Real Estate
14.
Online Trading
15.
Music
16.
Food
17.
Sports
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When
identifying a need, doing market
research is part of your homework. One
of your first steps should be to find
out what it means to do business online
and to determine the best ways for you
to fit into the exploding field of
e-commerce (electronic commerce). The
more information you have on the
following aspects of the Internet, the
more likely you are to succeed in doing
business online:
Competition:
Familiarize yourself with other existing
Internet Businesses that are already
doing what you want to do.
Customers:
Research the various kinds of customers
who shop online and who might visit your
site.
Environment:
Explore the special language and style
of online communication – in other
words, know the culture of the Internet.
If you are not yet familiar with the
culture of the Internet, then the best
way to learn is to subscribe to e-zines
(electronic magazines) and newsletters
for your reading.
Write
all your ideas down on a piece of paper.
Ask yourself, “What do I have that
people are looking for on the Internet?”
Take your time. This is not supposed to
be an overnight activity. So, don’t be
surprised if you take days. Taking your
time and doing a thorough market
research on the Internet beats jumping
onto an opportunity at first sight.
What if
you don’t have any products to sell?
I would like to take this chance to get
a HUGE MYTH out of the way. If you think
you NEED to have a product to sell to
make money – then you’re dead wrong,
really.
You’ll
be glad that you’re wrong after I tell
you this. You still CAN make money
without having to create your own
product. And there are several instances
you DON’T NEED to HAVE a product to sell
at all in order to make money!
How?
Quite
simply, you can either be a referral to
earn a commission or sell advertising
spaces on your website or newsletter.
That, my friend, is just a speck of a
dust. There are still many other ways
you can make money on the Internet
WITHOUT having to have your own product
to sell.
Furthermore, you can either:
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Buy
Resell Rights to someone else’s
product and start selling it on the
internet. All you would need to do
is buy resell rights to an info
product, upload it to the internet
and drive traffic to it via Google
Adwords…and there’s your 1 hour
online business. You could also....
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Sign up as an affiliate and promote
someone else’s product (this is even
easier than the first business). All
you’d need to do is sign up to an
affiliate program and drive traffic
to your affiliate link…Again, you
can use Google Adwords to drive
traffic to the link.
This is
good news to those who are already
sweating over the thought that of
needing to create or have their own
product to sell to make money! However,
the 10 Step approach to setting up your
own Internet Business presented in this
chapter gears more towards “selling
products or services”.
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