Internet Marketing Today » internet

There’s Money All Over

Stanley Huddle — Sun, 12 Jul 2009 02:56:07 +0000

Does the recession have you down? Far too many people are running around wringing their hands, worrying about whether the recession will end. The reality is that the recession does not apply to everybody. In Bismarck, North Dakota, for example, the unemployment rate is a meager 3.7%. Last year happened to be very good for energy and accurate culture, two of the state’s major exports. The Internet is the same way. Even if the recession has hit the town that you live in very hard, major commerce is still being conducted online every day. The key is to start a home-based business that leverages the Internet and that can produce a recession proof, highly lucrative income.

Time Marches On

Stanley Huddle — Sun, 12 Jul 2009 02:54:04 +0000

Motorola’s prototype for the first cellular phone — descriptively called “the brick” because of its appearance — dates back to 1973. Of course the inventor of the phone, John F. Mitchell, had no idea that by 1998 wireless products would account for almost 70% of the company’s revenue. The same holds true for the Internet. In the early 90s, marketing online was yet to happen. Today, with the advent of Web 2.0 technologies, the Internet is the world’s most dynamic marketplace. Internet millionaires are being created every day, and this trend will only continue to pick up momentum.

Bring Your Passion to Life

Stanley Huddle — Sun, 12 Jul 2009 02:48:41 +0000

The world would be a better place if we could all have a career in something that we’re passionate about. Unfortunately, we are often limited to the type of business we can be in by our geographic location and job availability. There is one place though where these limitations don’t exist: the internet.

The internet is the largest marketplace in the world and there is a consumer market for just about anything and everything. When you start an online venture you don’t have to worry that there may not be enough local business to turn a profit. You also don’t have to take on the heavy overhead costs of renting a storefront and getting a business loan.

If you are passionate about something, chances are that many others are as well; they might just not reside in your town. When you start an online business, you are able to reach potential customers all over the world from the comfort of your own home. This means you can seek out the market that would be most interested in the product or service you have to sell and market your business to them.

Perhaps you love to knit big woolly socks but you live in San Diego where people don’t tend to wear big woolly anything; you could market your business to people in Alaska or Canada without having to leave the sunshine or uproot your family.

Not only does starting an online business and working from home make it possible to develop a career in something you care about, it enables you to create your own work schedule so you can focus more of your time on other things you enjoy doing as well. You can do something you love while traveling the world or dedicate more time to your family and loved ones.

When you truly believe in the work that you do, you are motivated to work harder and make the most of your life. There`s no reason to spend 40 plus hours a week doing something you’re not happy with or not proud of when the opportunity to do something you’re passionate about is sitting on your desk at home.

Behind just about every passion there is a business possibility and the internet provides the platform to make that possibility a reality, and bring your passion to life.

Qualities of a Successful Online Entrepreneur

Stanley Huddle — Sun, 12 Jul 2009 02:40:07 +0000

Successful online entrepreneurs are the select few who realise that the internet is a great way to build a virtual business of their own and not just a way to make a few extra dollars. With the right skill set, anyone from a retiree to a stay-at-home mom or even a university student looking to be his own boss can be an online entrepreneur.

One of the key skills a successful online entrepreneur needs to possess is the ability to work from home and yet give the job at hand all their attention. This is crucial because even though doing business online allows one the flexibility of working from home, it demands as much time and attention as any other organisation. Most people find this hard to do, as working from home comes with its own distractions. Another skill which is significant is the need to constantly work towards gaining and retaining a competitive edge over other businesses that offer the same services. Competitiveness coupled with strong business ethics and values are crucial to a successful online business.

One of the cornerstones of starting and maintaining an online business is knowing which segment will be most profitable and how best that profit can be tapped into. A well-organised day-to-day running of the business, coupled with an ability to convince customers as to why they need to do business with one online business over the other have decided the fate of many an online business.

One of the misconceptions that exist around doing business online is that it is all about getting a fast return on investment. With most online businesses, this is not the case. The first few months are slow and bring little profit. However, the businesses that do survive the first few months go on to make significant profits. Another misconception that exists is that the internet offers you the first pick of who you want to do business with online. Beginner online businesses may not be able to be picky about who they work with and which businesses they partner with. Any reliable business that increases an online entrepreneur’s virtual footprint is a step in the right direction.

A passion for the medium, coupled with a strong focus on long-term benefits that an online business offers can help you become a successful online entrepreneur. The knowledge of which business segments generate the most traffic and yield the most benefits are the true earmarks of a successful online entrepreneur.