What should I sell On-Line

Written by David Bell


One ofrepparttar first things you will have to decide when setting up an Internet business is whether you want to sell a product or a service, both of which have their advantages and disadvantages. Products: Advantage: unlimited income potential because you are not constrained by time,repparttar 134891 way you are with a service (the more product you sellrepparttar 134892 more income you make - especially when you are automated). Disadvantage: requires stocking and shipping (or drop-shipping from a supplier). Disadvantage: generally requires you filling large amounts of orders to make a reasonable living, unless you have a product with a very high profit margin. Services: Advantage: it is easier to make a profit quickly becauserepparttar 134893 entire price of a service is paid to you (except for any overhead). Advantage: services can generate a great residual income becauserepparttar 134894 client may want to hire your services again and again. Disadvantage: you are limited to a modest income because you can provide only so many services each day (unless you hire employees to perform services for clients).

4 Steps To Unleashing Profits In Your Online Business

Written by Jeff Smith


Ever wonder howrepparttar thousands of "underrepparttar 134890 radar" web businesses that earn well over $100,000/year (many with much higher sales) out of their own home do it?

Overrepparttar 134891 last year I've hadrepparttar 134892 great fortune to speak with many of these true, hidden entrepreneurs at conferences, seminars, and in my own coaching and consulting business.

What I'm about to share with you also came true for me, and is outlined in more detail in my Ultimate Information Entrepreneur's Success Package over at: http://www.infoproductcreator.com

Here's an example of their business model:

1. Information Products. Without a doubt, each one of repparttar 134893 successes I know market their own infoproducts. For some, it's an ebook. Others have special reports. Still others run online coaching programs, membership sites, paid newsletters, teleseminars, or produce digital audio or video products. It's not their only source of income, but is a MAJOR source of income, and more important, brands them an expert in their field leading to success with #2 and #3 below.

2. Market related Affiliate Products. Again, in almost every case, these online success stories become experts at finding and creating joint venture deals with partners.

But, they work differently than most affiliates.

They start by ALWAYS reviewingrepparttar 134894 product they will market. Second, they look for a different way to presentrepparttar 134895 product or service - a more beneficial way to show usersrepparttar 134896 real benefit inrepparttar 134897 affiliate product. Third, they userepparttar 134898 branding from #1 to negotiate higher commissions and focus on high commission programs only.

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