Niche product in the market
A niche product is when you have a specific product to focuse on, where there is specific market need, price range, production quality and the demographics in a targetted and small market segment.
Decide what you want
Write it down
Make a plan
Work on it everyday
Some of the best business ideas to make money are online because it is simple, affordable and for the willing, available to anyone with an internet connection
When I look back at my personal journey as a successful online marketer, apart from the skills and knowledge needed to work online, more importantly I had the desire to create an income that would sustain me and my family wherever I lived in the world and what ever life throw at us.
Yes, it sounds very cliche, young and trendy to have the belief that we can sit on the beach or just at home and create an income from my laptop. But, without spending a vast amount of money getting my own business started, it was a massive relief to understand what was possible if only I stuck at it.
Think of a easy online business to start before anything
I have many friends who have had the passion and the desire to start a business and then realizing that things are not going as well as expected. Of course, most of us have been in this situations and ending by losing our shirt in the project, which is why I simply recommend to anyone thinking about starting a business to see if it's possible to find a easy online business to start rather than with bricks and mortar because as I said at the start of this article the best business ideas to make money are online.
This was the first question I asked when someone, in fact a good friend suggested to me about starting online businesses. I was a bit out of my depth and really not ready for what was expected from me, but that first encounter into the world of home businesses, network marketing and the MLM industry was an eye opener that allowed me to see for the first time that there really was an alternative to the daily drudge.
I had started my life as a metal worker but soon found that even though I enjoyed the friendships I had in the work places, I could see no future. The long working hours took the toil and finally pushed me into a more positive direction.
To be honest with you all, my first home business did not go as well as I wanted, but I learnt a lot about myself and what makes me tick But as they say life is a journey and during that journey we have the time to develop skills and knowledge to allow ourselves to become the person we want to be, which in my case was to become a successful internet marketer.
So, what my main interest was for me, was the benefits of running a home business, what was I going to gain from it and I mean more than money even though I hoped that money would be apart of the benefits.
In reality you can spend as much as you like on your business, but from my experience as well as for prudence reasons, I would suggest starting at the cheaper end of the market at about 35 - 50$ or 20 - 40€ if you live in Europe. The main reason is because in the early stages of any business keeping the costs down is a good policy because there will be other expenses as time goes on, so think as a business and keep costs down.
In addition, looking for a company that has products you would personally use because even though you may prefer the online method of marketing the products and business opportunity. But, also, you may want others to feel the passion and belief you have when you talk about your business. This belief aspect will also come through during your online marketing method, that we will discuss later in the page.
A niche product is when you have a specific product to focuse on, where there is specific market need, price range, production quality and the demographics in a targetted and small market segment.
Retention rate is measuring how many customers your company retains at the end of a given period. To achieve a high retention rate the product should be disposable and something the customer needs or wants to buy on a regular basis so you create a good residue income and return customer base, so always find out what the company's retention rate is before joining their opportunity. 65-70% retention rate is a good base mark.
You should be looking at high quality, even high end products because this is always a good marketing mantra and the individuals who purchase high quality products generally have the money in the first place
Cheap products works with large supermarkets, but low cost products means you need to sell more to achieve the same results as selling high quality and high priced products. If the customer is getting a high quality product they are expecting to pay a reasonable price for it. So, do not concern yourself with an expensive product line. You don't see many poor Rolls Royces salesmen.
From my personal experience and a lot of failed attempts at marketing online I have found that the best business ideas to make money is a blended approach in regards to sustainability of your future business. What I mean is that there is a life cycle to online marketing and so spreading yourself a bit is better than just concentrating on one platform or method.
Getting back to your customers or prospects is vital to keep them in the loop and reminding them who you are and what you are offering. Depending on who has subscribe to your newsletter will depend on the type of email they should receive. For example, if your blog or website is offering information about new products, then the subscriber should receive emails about the benefits of the products and how to buy them. If on the other hand you have a webpage that shares information starting a business, you should send your subscribers emails about the benefits of running a home and online business.
Regardless how you look at it answering every email personally will take a massive amount of time and effort out of your working day, so automating this part of your marketing system is vital. However, if someone does reply to your emails it is also important that you do reply personally allowing the customer or prospect to feel that there is someone interested in their needed.
Content marketing
Content marketing is my main method of marketing, it can be used for promoting almost anything online. According to the people who know, 88% of business to business and 76% of business to customer marketing is content marketing via the internet. The main reason is that is works and even though it is time consuming to create the content, the visible longevity of your content online and the possibility of automating your business is a powerful and time freeing marketing method.
Creating content on a blog platform, landing page or on social media is a very powerful method of marketing your business and products. As I mentioned, this is a very time consuming method in the start, however once you have created the content and placed it online your content is speaking to prospects about what you have to offer 24 / 7. Content marketing really needs to be integrated into your auto reply system to get the best results out of this method.
The negative aspect of content marketing is that it does not provide instant results, however don’t worry it does arrive in the end and when it does it is surprising how well it works.
Content marketing is still one of the most successful and affordable marketing methods around. It is one of those marketing methods that has sustained the track of time and will give you a sustainable and long term online success in the future.
So, my final words on content marketing is that if you want to be successful online “suck it up” and start writing and sharing some content.
Social media marketing
We all understand what social media is, but this is a very different when marketing a business or products. There are a vast amount of platforms available online, but the importance of the platform is less important than the influence you have on them.
The key to social media success is having “informational social influence” which simply means that your social media actions and behaviors are influential and are followed by other around you.
For example, you are walking down the street looking for a nice restaurant for lunch and see two places next door to each other, however one is full with people sitting outside eating alfresco and enjoying the experience and the other is empty.
Which restaurant do you choose?
I am sure you all say, the full restaurant because all those people can not be wrong, they must offer great food and a great service.
This also applies to social media marketing. The most successful online marketers support and back up their products, businesses or services with social reinforcement. This is achieved by liking, rating, commenting or product reviews helping to confirms to others that the products offered are great and should be purchased. Done correctly, this method is a powerful and achieves great results.
Yes, of course, but there will be a learning process, so work is required. If someone is willing to learn and take advice it is completely possible for anyone to use these methods in an online business. When someone joins this industry I simply suggest starting from the beginning and try not to use every tool and platform from day one. Consider using one platform such as the auto reply system and then start building towards online success.
Without questions, if you join the business available on this page, my role is to help and support you until you understand as much as we do about running an online business and being successful.
As apart of my support system for my team, I help and support them individually to build their businesses online. However, not everyone wants to or even need to run their business in this way, but for those who do I will be available to you.
It will be a long road, but you will over time feel empowered that you are able to create your own wealth and income from home or anywhere else you want to be and support your family and yourself to a better life.
No, this type of business is for everyone. So, do not concern yourself about your social class, gender, race, disability or education, as long as you are determined and motivated to succeed you have the qualities to become a successful online marketer.
Below I have put a short overview of what our business opportunity is offering, however if you would like further details click on the “Learn More” buttons on this page and we will share more concise details with you asap….
If you are still reading this page you have read my brief overview on how to start a business from home online and I am guessing you are still interested in pursuing this journey and learning how to start your first online business.
I have put simple steps to starting your own business below.
Thank you for your time, if you have any further questions about how to start a business from home message me below and I will get back to you asap and answer your questions.