Internet Based Business Models – Part 2

Internet Based Business Models – Part 2

Still here? Excellent, I’m proud of you.

Really, I mean that.

Never give up on your dreams.. ever, and they will rewardyour persistence and faith by coming true. A simplephilosophy but incredibly powerful one that Iwhole-heartedly believe and beginning to experience.

OK, let’s pick up where we finished last time.

Last time we discussed:

• Turn-key businesses
• Affiliate programs and
• Drop shipping

Next I want to talk about:

Advert Revenue – did you know when you visit someone’s siteand click on a Google advert the website owner makes money?

It works like this, Miss A has a product to sell so she paysGoogle (in this example) to advertise her product.

There are 2 places to put the ads –(1)on the Google results pages, you know the ads you seedown the right hand side of the results pages, they arecalled ‘Adwords Ads’ and every time someone clicks, Miss Apays for it.(2)The same type of ads are also sometimes displayed onwebsites, usually, but not always, they are also displayedby Google but this time they’re called ‘Adsense Ads’.

If you are the website owner in situation (2), every timesomeone clicks on one of Miss A’s ads on your site, half ofthe fee she pays will go to you and the other half toGoogle.

Get a lot of clicks and it can add up fast. I’ve only juststarted doing this and found it an excellent additionalanother revenue stream for my business.

Selling on eBay – its no secret that eBay has created moreat home buzinesses than anything else in the history of theworld. Its not difficult to set up and the great thing isyou don’t have to go looking for customers.

They come to you with their credi.t card already in theirhands. Believe me, when you begin your very own business,you will appreciate the beauty of having customers that‘look for you’.

You would be excused for thinking eBay is only a place tosell that old skate board, or retired TV but it is much,much more than that. With supposedly over 30,000,000registered users, everything imaginable is being sold.

I’ve seen websites selling for 8-figures, $300,000 Ferrarisand $1.20 vintage clothes pegs. Because there is such ahuge scope of possibilities, there are many ways to makedollars.

For example:

• You can use drop shipping to sell product warehoused bysomeone else. This is the method used by most BIG sellerson eBay.
• Or purchase things cheap on eBay and resell them at ahigher price by writing a better advert and listing it in abetter category.
• Or pick up bargains at your local trash ‘n’ treasure andsell them on eBay for a profit.
• Or resell a digital product (eg. ebook, software, audioetc) created by someone else but you own the resale rightsto (very simple to do).
• Or create your won digital product and sell it on eBay

Recently I’ve been testing how selling one of my ownproducts on eBay will go. I’ll keep you posted.

Resell Rights – many book authors sell resell rights. Thatis, for an additional fee, you can purchase the right tosell the book and keep 100% of the proceeds. Often, therights come with the book at no extra expense. Why wouldsomeone ‘give you’ the right to sell their book and keep100% - I’ll tell you when we look closer at resell rights.

There are literally hundreds if not thousands of booksavailable with resell writes.

Well, that’s another 3 methods for you to think over. Whatdo you like so far, you don’t have to decide now because wewill give each a closer look soon.

Next time we will continue this discussion and I’ll coverthe remaining ways for getting into your very own businessusing the Internet.

Until next time, remember persistence pays off – BIG TIME.Your FriendMurray Hughes007 Work From Home

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