I can easily name more advantages of Internet business: test and adjust your marketing methods fast, don't need to talk to strangers, you can start as a hobby first while keeping your full-time job, you can work whenever you want to (if you are as lazy as I am, you should know what I mean)...you have the idea. What more can you expect? Just go online!
Can You Still Make Money Online?
You've heard of enough bad news. Economic downturn, dot-com fallout, weak stock
market, all the online scams...Some people just don't believe this "e-business" kind of
thing any more.
But before you walk away, I want you to think about something for a moment. Did you
know that between 1998 and 2000, online shopping within US grew a staggering 580%?
It's true. Forrester Research reported growth from $7.8 billion US in 1998 to $45 billion
US in 2000. And online sales reach $5.7 billion in December 2001, - up 14% from
December 2000, in spite of bad economy.
You can read more detailed and latest report here.
Now think about this. Online consumers couldn't care less about the dot-coms dropping
off the Web. More and more people are coming online to shop, and the number of
purchases that they're making each year are continuing to increase. Those new to eshopping
are making 9 purchases a year and those with more web experience (5+ years
online) are making 20 purchases a year.
So what's going on? Online spending is growing at fantastic speeds. e-Shopping is
becoming a routine part of consumer life. Yet all we're hearing about right now is failed
dot-coms. One by one, companies like Furniture.com, Pets.com, MotherNature.com,
Toysmart·com, Living.com, Mortgage.com, Garden.com, etc... have closed their doors,
and each time the pink slips are handed out, the media has a feeding frenzy. Feature
stories promising easy wealth and overnight success have now turned into the dot-com
obituaries. It's enough to make your head spin.
And that's why these statistics I've just shown you are important. Obviously the whole
story is not being told. If online shopping has reached 5.7 billion per month, all of this
money must be lining someone's pockets.
But whose?
A large portion goes to individuals just like you, and small businesses who sell unique
products directly at their web sites!
Small is a big advantage. Big businesses dominate the traditional business world. The
Wal-Mart's and Microsoft's have steadily forced smaller, family-owned businesses out of
the way. Not so on the Internet. Three out of four Internet businesses are very small,
often only one person working from home.
You can find many direct sales web sites popping up online everyday. Some will fail.
The
ones making money all have something in common:
. Focus on a well-defined, easy-reachable niche market
. Sell a unique product or have a unique selling proposition
. Streamlined sales process
. Active and effective web site promotion
. Develop backend products
(I'll guide you through each aspect in this ebook.)