Now to give your income a momentous boost, repeat this process with several other digital products.

By time you make your first money, re-invest funds in other businesses to multiply your profits and create "multiple sources of income".

Deploying this strategy you repeatedly build multiple income streams plus gain priceless experience in long run!

Accepting credit cards for your products is critical. Go to StormPay ( http://traffic-engine.net/stormpay )once you have products and website ready to go; now you're in business making money passively, without lifting a finger! Your customers pay for product and money gets transferred to your bank account (or by checks) easily and automatically!

The easiest way to sell online and admittedly most guaranteed is marketing informational products.

There's no other such good you can offer to a "starving market", than informational products; they are easy to develop and won't cost you a penny to duplicate them to infinity (opt for ebooks, software, audio courses...).

Whether you sell 10 or 10000 of digital products, your "manufacturing costs" remain same - a flat zero expense!

I have coined a fantastic system for receiving thousands of visitors without advertising; just by giving away free reports!

See www.traffic-engine.net for details. The money-making impetus that Internet offers to home based business owners is unrepeatable. You are not limited by geographical location. You don't need to stock products. The curbs of a regular job do not bind you.

You only need:

-> In-demand information products that cater to a "fertile market".

-> A direct-response website that gathers email addresses.

-> A system to follow-up with prospects offering back-end products that compliment your "flag ship" product.

-> Low-cost advertising and a viral marketing mechanism to generate referrals.

-> Replicate this process with other industries and "clone" your income!

Can you see tremendous potential of running a home-based business? Ok, if you just start out your online business from scratch, you'd need to master a few jacks of trade to become successful.

Astutely, now you have just "sniffed basic formula" for online success. You need a blueprint - a step-by-step guide to bump your wings.

So, I highly recommend going to http://traffic-engine.net to model a prototype methodology that will help you understand exactly how "system" works.

You won't need to become a sales-letter dynamo. There's no need to make your own products either; just creed to duplicate a "ready-made" marketing plan.

Then, entrench with techniques and follow preliminary steps we just outlined and in a couple of weeks you're in business - even on a strictly limited budget.

It is essential to make a profile of your customer base and use this information in developing marketing strategies. By being aware of customers needs and wants, you can often predict their future behaviour.

To ensure you don’t get caught into trap of researching unnecessary information, find out why you need to do research:

§To increase information you already have? §Defining a problem? §Investigating an opportunity §Evaluating a strategy your already implementing

It can be a little bit daunting conducting market research, here are a few examples of how you can access information required:

§Financial records §Customer surveys/ feedback §Staff surveys/ feedback §Testing products or services §Industry associations §Libraries §Government agencies §Industry exhibitions and trade shows §The Internet

The Marketing Plan

The essentials of a marketing plan include:

§Sales performance §Business opportunities §Sales objectives for next 12 months §Summary of marketing strategy including who, what, where, when, how much §Pricing strategy §Location §Advertising and promotion §A plan with an evaluation procedure

Marketing involves everything from logo design, pricing, advertising, promotion, sales and down through to customer service.

Selling

Not your business, your just starting it, but your products! Selling is where you approach your clients, inform them about your product or service and reach an agreement where they purchase your product or service. As this transaction is repeated business grows, and so does your profits. Many people often underestimate time it takes to sell your product. It may take 50 alls/ visits before someone might be interested. The more people you approach, more opportunities you will create, better your selling technique becomes. Fear of rejection is normal when you first start out in business, but in order to succeed you must overcome this fear and build your confidence.

Building Awareness

Some ideas to build awareness of your product or service include:

§Keeping a mailing list of clients you have worked with §Talking to other small business operators §Listing your business in yellow pages §Write short articles for newsletters, or better, start your own §Give short talks at business clubs §Business cards, stationery, brochures §Written references

Other ways of informing potential customers about your business is by use of media. These include:

§Stationery §Press advertising §TV, radio, cinema §Business directories §The Internet

I hope this article has set you on path to create your own home based business and empower you to reach your financial destiny. In next article, I will cover some of ins and outs of growing your small business from home.

Click Here To Get Other Resources On Home Based Business Ideas & Opportunities

I Am Making As Much Money Part Time From My Home Business As I Was Working Full Time In My 9-5 Job. Want To Hear My Story? http://www.parttimeincome.org

I publish Home Business Tips, a fresh and informative newsletter dedicated to supporting people like YOU! If you’re looking for the best rated home business opportunities, latest time saving tools and helpful support from a friend in the business, come by and a grab a F-R-E-E subscription today at: http://www.parttimeincome.org