What should I sell On-LineWritten by David Bell
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In my opinion, selling a product online has, by far seen biggest profit potential in long run. Once you get a successful product, you can automate system and move on to new products that will generate multiple streams of income. If you need immediate cash flow, providing a service is fastest way to produce instant income... but it will never pay off as big, in long run, as selling a product with a high profit margin. If you sell a service, think about how you can transform it into a product. One of best examples I can think of is regarding people who submit websites to search engines. Because competition got so fierce and their business began to suffer, some wrote and sold reports revealing how search engines work and tricks for getting sites listed higher etc. The reports were priced at $20 -$100, and entrepreneurs in our example found new markets to tap. I hope this helps in your future marketing decisions.
David Bell is Manager, Online Marketing, at http://www.wspromotion.com/ , a leading Search Engine Optimization services firm and Advertising Agency.
4 Steps To Unleashing Profits In Your Online BusinessWritten by Jeff Smith
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3. They monetize their traffic using Adsense or selling advertising on their sites. For high traffic pages where adding paid ads or Google's Adsense will not impact their own sales, they will run ads to further monetize their sites.
4. Sell their time. You will find that truly successful people online LOVE to help people succeed. But...for every person who is really dedicated to succeeding there are 10 "tire kickers" who want someone to hand them success on a silver platter. It doesn't work that way, nothing works that way. So, in order to leave time to help those who really want it, coaching programs are formed. Yes - you have to pay big money, but you should easily be able to get 10X value for money spent.
So as you can see, there is no ONE single way to build your wealth online.
Instead, you build a diversified, rich and healthy business by focusing on these 4 pillars. Not only will you earn more money, but your business will be stronger and build momentum faster when you do.
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