And No I Don’t Mean Girls With Home Internet Business T-Shirts On, Although That Does Sound A Good Idea For A Promotion….
I mean the many different models you could choose to start your own home internet business. And there are loads.
If you read my post on choosing the right internet business opportunity for you you will know that I am a big advocate of sitting down and firstly, writing out what your ideal home internet business would look like.
The industry you would like to be in, the products you would like to sell and promote, the kind of people and partners you would like to work with.
Because once you have this blueprint, then it’s just a matter of finding the right home internet business model to apply to your particular plan.
Lets look at a few of the different models that could work for your internet business :
Home Internet Business Model No 1. Affiliate Marketer
No product of your own to sell? No problem , affiliate marketing lets you promote other people’s products for a % of the sale. Usually from 10 % to 50%.
Just find a product you would like to sell and ask about their affiliate program. Nearly all companies have them these days.
Or go to the big affiliate networks like Clickbank or Commission Junction and scroll through the thousands of products you could promote.
Sounds great… and the “affiliate model” has exploded since Amazon.com first brought it into public prominence in 1997. Millions of affiliates send billions of visitors to tens of thousands of companies in return for a payment. And major research houses like Forrester Research project the affiliate model to grow massively over the next few years
Word of warning though, stick to your marketplace that you have decided on.It’s easy to get your head turned by all the offers to promote people’s products. Find the best products and offers in your marketplace that you know about and speak with authority.
Home Internet Business Model No 2. Referalls / Finders Fee’s
Very similar to the affiliate marketer model.
Get paid a referrer or finder’s fee by an offline business for finding a customer (or a “lead”) for it. This home internet business model is as classic as business itself. The internet, though, makes it far more cost-effective.
The right “middle man” can make all kinds of money by bringing two sides together.
It can be as simple as referring people to a restaurant that you always eat at, and asking the manager for a % for every customer you bring him in.
There are hundreds of ways you could apply this to your marketplace. Just get your thinking cap on !
Home Internet Business Model No 3. Information Products
Think you have sopmething to say about your marketplace. An E-Book or special report is a quick, simple and efficient way to show people you know what you are talking about.
And the beauty of them on the internet is that once you have written it once, that’s it. No more printing or publishing costs, no more expenditure of time and effort.
Once it’s done, it’s on autopilot.
And then you can use the people thay buy your e-book as a very targeted list of customers for any of your recommendations.
Whether it be dog training tips or investment advice, everyone has some knowledge that is worth something.
Then it’s just a matter of finding the people that are searching for what you have got.
Home Internet Business Model No 4. Your Own Hard Product
Whether it be shoes, candles or badger biscuits, if you have a hard product, you can sell it over the internet. Maybe you know someone in a different country that wants to export some things. maybe you want to import somethings.
The internet provides you with an instant shop front to sell your products.
Importing and exporting is as old as houses, what sells for one price in one country often sells for a completely different price in another. If you can bring the product over and sell it at a profit, you are on to a winner.
Just get researching.
That leads us to……
Home Internet Business Model No 5. Dropshipping / Wholesaling
You don’t even have to handle the product with dropshipping. The company you buy from will send the goods directly to your customer for you. How simple is that.
Works well with another buisness model thats been around since ancient times, wholesaleing.
Wholesaling is simply buying something in bulk, breaking it into smaller units and selling the units individually at a profit.
This works in absolutely any industry. Lets say a pair of armani jeans costs £45. You arrange to buy 10 pairs direct from a wholesaler at £35 each.
You sell them over the internet to individuals for £40 each. Again, old as houses. just look at the big sports shops like JJB and Sports Direct. Pile them high and sell them cheaper than anywhere else can.
There are a million variations on these home internet business models. Which ones appeal to you ?
