Sunday, October 16, 2011

Internet Business

Having your own Internet business is a dream shared by many. However, for every one that makes it big in the online world, hundreds struggle and most of them fail to make anything.

The reason is mainly because they do not have the right information, and perhaps more important, they don't put in the right amount of effort to make it work. The offers that tell you about how easy it is to become rich online, working two hours a day, three days a week in your pajamas rarely ever come true for anyone.

There is almost always work involved in an Internet business. It doesn't always have to be hard work, but you will have to put in some effort, especially in the early days. However, with the right plan and with the right amount of effort, you could have a successful Internet business up and running in a few months.

One relatively easy way to start an Internet business is to become an affiliate for other people's products. Affiliate marketing has many advantages. You do not have to carry stock, you have no fulfillment worries, and you will be paid automatically what you are due.

One excellent resource that will teach you affiliate marketing for free is Affilorama. In a nutshell, you can go to an affiliate network, such as Commission Junction or ClickBank and sign up as a publisher.

You can then browse through the various merchants and decide which products to promote. This decision may be made on the basis of the affiliate commissions you will earn. Real world items like washing machines and beds may have a relatively low affiliate commission percentage, but the relatively high price of the item can compensate. Digital items tend to have higher affiliate commission percentages.

Your Internet business could be based on a third-party advertising model. The Google AdSense program is perhaps the best known of these. Google will let you sign up for their program, subject to approval, and then you can set up a website and display AdSense ads through the inclusion of a piece of embedded code. Whenever a visitor clicks on an AdSense ad, you will earn a percentage of the revenue.

There are other similar ad programs that will pay you when a visitor clicks an ad. There are also cost per acquisition (CPA) programs where a company will pay you if a visitor fills in a form and signs up to receive further information about something.

The company will then have acquired a lead, someone they can legally market to, and who will hopefully purchase from them in the future. CPA offers can be very lucrative if done right. The attraction of starting an Internet business based on this kind of model is fairly obvious; you will not have to work too hard to make money, but you will have to set it up properly first.
Another common type of Internet business is the service based 

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