The birth of the Internet and the mass availability of Personal
Computers in the late 80's changed peoples life forever, Everyone
now has had the potential to be their own boss whether you
are mother at home looking after your children or a manual
laborer there are opportunities in abundance . Just a search
on Google for business opportunities will bring up more offers
than your parents would have had in their whole life. So it
must be easy to make a living from the internet right? No
it's not, you need a firm business plan and you need to work
hard at it.
Setting up and running an online business does have several
advantages over setting up a "normal" business.
You can usually run it in conjunction with your current job,
your potential market is bigger your initial overheads are
usually smaller and you can operate it from the comfort of
your own home. Once you decided that you want to enter into
the world of E-commerce you then need to take a lesson from
main stream business and create a business plan.
The very first thing you need to decide is what type of business
is right for you and then research the market. Possible businesses
open to you are.
An Affiliate Program
An Adsense Program
Selling Products
With an Affiliate Program you are paid a commission for selling
a companies products. You have no contact with the customer,
all you do is provide sales leads to the company of whom you
are an affiliate. An Adsense program is where you take an
existing website of yours about a particular subject and add
contextual Adverts from Google's Adsense program. When a person
clicks on an advert you then receive a few cents. There are
2 approaches to Adsense programs, build a well respected Niche
site with lots of traffic the more traffic you get the higher
the Click Through Rate (CTR) and thus the higher the income.
The second method is sometimes referred to as the shotgun
method, build lots of sites with less traffic but earning
a smaller amount from each site. A $1 a day income from each
of 50 sites is better than $40 from 1 site. It is worth pointing
out here that it against Google's TOS to build site specifically
to target Adsense revenue.
The final E-commerce method we will look at is the most similar
to mainstream business, selling a product. You build a web
site with a shopping cart and give as many details about the
products as possible. The products can be something you make
yourself, or a product you buy in bulk or a product from a
drop shipper. With drop shipping you sell products which are
then dispatched from a location elsewhere by a 3rd party.
If all this sounds too easy it's not. Setting up the business
is just the start of it, the hard work needs to start now.
You need to get traffic, the more traffic you get the higher
your sales will be. In addition you need to look at the performance
of your site and tweak the layout so you make more sales.
You need to get your site onto the first page of Google and
other search engines. You may need to write adverts and operate
an pay Per Click program. In short you need to become an expert
in many new subjects. If you have the drive and dedication
then it is possible to make a good income from E-commerce
but don't expect to spend an hour a day at the computer and
the rest of your time on your Yacht.
Mark Thompson has spent a number of years traveling
the World and Racing Motorbikes, when funds got low he worked
as an IT consultant In London. He now lives in Spain and runs
a number of Websites Including http://www.WorldoftheWeird.com
and http://www.theincomesite.com
