What do you think are keys to earning BIG BUCKS on Internet?
First, let's break this down into two categories. Category #1 entails offering an extensive line of products, extensive services, departmentalizing your web design, accounting, billing, shipping, receiving, marketing, sales, inventory, personnel management, staffing, administration...
Whoa! What is this? I am not a corporation! I'm one person with a PC in my bedroom, screaming kids, barking dogs, a skeptical spouse, a regular job, and two hours between kid's bed time and mine to try and make a difference in all our lives.
So, what's category #2?
Category #2 is affiliate programs or MLM.
Ok great, but what are keys there? Actually, they are almost opposite of keys to success for category #1 business. There are 3 main points, and each intertwines logically with other. Here they are.
Part of magic of network marketing over Internet is how little it takes to get started. In fact, it's a mistake to have a large initial investment. The vast majority of MLM programs cost no more than $50 to join. In real world terms, starting a business for ONLY $50 is unheard of! On Internet, however, it's a reality. Many programs pay commissions of 40-50% on referrals as well, making a return on your investment incredibly fast.
So why dump a large investment into a program BEFORE you can see how well it will work for you when you can start much more easily with little to lose? Besides, BIG Bucks do not come from ONE sale, but multiple sales generated by a large network in your downline, and that large downline is much more likely to develop if initial cost to joining your program is a small one.
The real key to success in network marketing is through a successful downline. If you are a great recruiter yourself, you will do better than someone who isn't, but even still, there is real POWER in mathematics of geometric progression in a network. Ideally, each person you recruit joins others in next level under you, and they in turn create next level beyond that. The numbers per level grow exponentially so long as each member that joins also refers others. Again, low investment is one key that will ensure all referrals will in turn gain referrals themselves.