4 Key Trends You Need to Know About The Passive Income Super Highway!Written by Jim Young
The Internet has created financial freedom for millions of individuals who see opportunities and were willing to take action.Here are 4 key trends that will greatly benefit internet home businesses: Trend #1: The Exponential Growth of Internet. This is no secret - however here are some of results from a research report by eTForecasts: By end of 2005 number of worldwide Internet users will double to 1.12 BILLION. This is staggering! This means 1.12 Billion people (and growing) who will be searching for information, products, and opportunities online. This means 1.12 billion people that you can reach by internet. Market Reach: If only 0.1% of them want to "escape rat race", and you offer them opportunity to do just that, you'll have 1.12 MILLION potential customers. Trend #2: The Growth of Home-Based Businesses. "It is anticipated that by year 2005, 50% of households in United States will be involved in a home-based business." - Newsweek Magazine Home-based business is a $427 Billion a year industry. That's more than pharmaceutical industry, food industry, and consumer goods industry - combined! How? Because of sheer numbers of people in business for themselves who are now working from home. The extremely low start-up costs, flexible hours, and Internet are fueling growth of home business segment. By 2005 as many as 150 Million people (in North America alone!) will be enjoying freedom and benefits of owning their own Internet business.
| | What DO You Need to Build a Successful Internet-Based Home Business? Written by Lynne Homewood
What DO you need to build a successful Internet-based Home Business? I am asked that question almost every day. Obviously, MANY people would love to make some money with their computer, but they have no idea HOW! What's worse, they often try and just end up losing money due to either their own lack of experience or fact that there are just so many scams out there built to make 'The Company' money not YOU!The most important part of an Internet-based business is your website. It is your salesman, your image builder, first, and possibly ONLY, contact you will have with your potential customers and clients. Therefore, you want a very professional-looking site and that means no misspelled words, no bad grammar, no clashing colors, and an easy-to-read layout. You also want to make sure you have a webpage that loads quickly (too slow and many visitors will leave before they even see it) and that usually means go easy on graphics. If you've been on Internet/Home Business scene for any length of time at all, you've no doubt heard that "the money is in list", you MUST have your OWN mailing list to succeed. In order to build your own list you need a lead-capture system. The best lead-capture systems generally employ a relatively short webpage, offering something free, in return for a visitor's name and email address, while visitor agrees to receive email from webpage owner. If this system is tied into an autoresponder, all better: statistics tell us that most people view an ad or are exposed to a product at least 7 times before they decide to buy. An autoresponder allows you to send a series of messages, providing that repeat exposure automatically. A great advertising plan is also essential to a successful business, online or off. We are extremely fortunate that there are quite a number of cheap (and even free) Internet-based advertising systems and strategies that actually work. The trick online, even more than in 'real' world, is VOLUME. Great copy-writing is also crucial: an ad (especially a headline) that stands out can bring an incredible click-thru ratio. Pair that with riveting web-copy and you've got a winner! Since most people start a Home Business in their spare time, and work a 'regular' job as well, automation is also key to a successful business. A home business that requires you to spend hours on phone, selling, recruiting, training, conferencing, etc. can be difficult, even impossible, for average person. Further, most people do not enjoy this type of work, and it can be a real drain on your time, as well as your emotions, dealing with dreaded 'rejection factor'. People who start an Internet-based business, or who want to "make money with their computer", expect to use their computer to do a lot of work for them, and rightly so. An Internet-based business, especially, should be as automated as possible. Automation is really ONLY way a person can build a SUCCESSFUL business in a reasonably short amount of time.
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