Tuesday, August 21, 2007

What Are The Types of Internet Home Based Business Opportunities?

Susan J Miller

A simple definition of an Internet Home Business is: 'a purposeful activity operating or occurring in a home area, a base of operations'. Do you know how many different genres of internet home business are available to choose from? GENERAL CATAGORIES, not Specific Jobs. There are too many to discuss here, but I will give you an overview some of the most popular. Internet home based businesses have become very popular all over the world. The onset of the internet has facilitated the process of having your own home based business completely operated from the comfort of your own home. The main reason to start an internet home business is usually economic, we want an extra income, and hope to replace existing offline income with an income producing internet home based business. There are a multitude of opportunities available online. No wonder internet home based businesses are becoming so prevalent. It may seem overwhelming with the number of choices available, it becomes challenging finding the internet home based business that fits your individual needs. You must first decide what TYPE of Internet Home Business you want to participate in. The variety of internet home based business types include copywriting, article writing, data entry, online customer support, internet marketing, advertising, research, health care, temporary job services, online auctions, affiliate marketing, franchises, and online multi level marketing to name just a few. Advantages of Internet Home Business Flexibility and Time are just two advantages Home Based Business offers the entrepreneur. There are many advantages of having a home based business, The ability to choose your own hours, or schedule your day to fit in family or offline work commitments is very appealing. You can work fewer hours and earn more money by working an internet home business. Other advantages are reduced travel time and cost, controlling the amount of money that you bring in and, of course, not putting up with the usual office politics that prevail in many off line positions. Internet Home Business Disadvantages The main disadvantage of running an internet home business is disciplining yourself to get work done, you must not procrastinate! You also must find a place, a 'home office' where you can work uninterrupted at your internet home based business for the times you choose. A 'public' place such as the kitchen table is not suitable because of interruptions by family members and others. Remember you can, an should, keep work and family life separate but close! Examples and Explanations of Internet Home Based Business Types As discussed above, various genres of internet home-based businesses are available to choose Take the time to research these options before you begin. Choosing the best internet home based business for yourself means you must explore the various types of internet home based businesses that appeal to you and find out availability and profitability of said business. First, we explore the various types of internet home business: Auctions: Online auctions require selling of new and used items to online customers. They are a great way to achieve that second income. Knowledge of website coding comes in handy but is not necessary on some auction sites. Writing good ad copy is a plus in persuasively describing the items that you want to sell. Online auctions can generate a good source of online income. You should find, or develop, a product that your online customers will want to buy, at a reasonable cost. This can be accomplished through wholesalers, droppshippers, even garage sales! eBay is by far the most recognized online auction, but other sites such as Bidz.com (jewelry), Ubid.com, Overature.com,Amazon.com, Yahoo.com, YouBuyandSell.com, and Ebid.com are worth researching.. Affiliate Marketing An Affiliate is described as 'an associate, or member, of a company effectively controlled by another or associated with others under common ownership or control'. In Affiliate marketing you receive a commission every time you sell someone else's product or service. The products include eBooks, eCourses, Advertising, Online Business Education - anything you can imagine. In order to be a successful Affiliate home based business marketer, you should have a good understanding of coding, as well as good marketing skills. Often, you will be promoting a ready-made website, but your web skills come into play when you incorporate the links into your own website. Proper support and learning coding techniques are very helpful to your success in Affiliate Internet Home Based Business. Examples of good Affiliate Websites are: (Stand-alone:) FreeAdDepot, TargetAdsDepot, and CBDeluxe. ClickBank, CommissionJunction and LinkShare are good sources for affiliate links to enhance your own website. Article Writing Writing original articles as a way to make a second, or sole, income has become very popular online. If online content is king, copywriting has become a lucrative way to start an internet home business. Copywriting includes writing articles, press releases, and content to promote other people's websites instead of having their own. Writing interesting and informative articles requires time and patience as well as a good working knowledge of spelling, grammar, and punctuation skills to successfully use copywriting as your home based business. . It may be hard to break into copywriting as an Internet Home Business at first, thus making it difficult to make money in the beginning. There are many writing opportunities online such as copywriting, sales letters for other websites, and script writing to name a few. Data Entry In today's world of 'instant communication' many companies are hiring people with office skills (typing) with computers to work at home as their data entry specialists.. This benefits both the company and the employee. By working at home, you can be more flexible in your working hours, and the company saves money because they don't have to provide workers with supplies, insurance and office space. A win-win situation! You can also do a search on Google, Yahoo etc., plus local online and offline classified ads to help you locate a data entry job in your search of an internet home business. Franchises A Franchise is 'the right or license granted to an individual or group to market a company's goods or services in a particular territory'. Consider a business franchise opportunity as your internet home business. Franchise Businesses are an attractive choice for a home based business because most of the risk has been eliminated. Franchises have a ready made name-brand product or service for you to provide your customers. The hardest part of any business (testing and polishing) has been done previous to your involvement. Essentially, someone else has done the time-consuming work for you. There are certain questions you must answer before you leap however. Ask and answer these questions: Is the location and market right for this product/service? How about start-up costs? On-going costs? What guarantees from parent company (if any) are there? Research and interview other franchise business owers as to their success. Is the product/service presented as a Package (product, training, etc) or just a stand alone product/service? Which better suits your needs? What kind of marketplace competition is out there? It is an exciting step to buy into and run your own Franchise Business, but do your homework, talk to other franchise owners and look over several proposals from different parent companies before you plunge! Make sure it is the right step for you so there are no regrets later. Online Customer Service Customer Support Personnel for major companies working from home as an Internet Home Business is becoming more prevalent. Do a search for internet jobs in customer service if you think you have the qualifications.. The work hours may not be as flexible in this type of employment as others we have mentioned ( at home writer or data entry), your hours will be more set - possibly evenings or weekends. However, since some don't want to be available during certain times of the day there may be more opportunity for those who can. As a Customer Service Specialist, you can still enjoy the benefits of an internet home business, personal space and time for family. You can adjust quickly to the specific hours required by your employer.. Online MLM Internet home based business opportunities in multi-level marketing (MLM) have become very popular, and are easy to run. Traditional MLM businesses require cold calling, finding like minded people to join your company.. Internet Home Business MLM marketers are not required to do cold calling. You will need a website however, but good MLM internet home businesses provide you with a personalized website. Like traditional MLM they provide the training, coaching and mentoring of their program, and you belong to a very strong team. Everyone benefits by helping you to succeed. How Do You Choose A MLM Internet Home Based Business Opportunity? Do your research and find a company that has a proven track record, run by people who know the business and are successful with their product and marketing efforts. Do they : 1) each have products that are valuable in and of themselves?, 2) each have compensation plans that are among the highest seen on the net? and 3) are each run professionally with training sessions that guide you through them. These internet home businesses are here to stay! A good example to look at is: http://www.sitewizardseo.com/2369 You are taught how to become successful in all areas of your life and members have the opportunity to make an income that can replace your existing offline income without working traditional offline hours. You are free to enjoy family, fun, and entertainment all the things you desire out of your life. Paid Surveys Paid Surveys are used by companies to collect data about various products/services. Taking Paid Surveys are a way to make money as an internet business, and have been around for a long time. There are many companies that are creditable and profitable. The greatest advantage is obvious - you get paid for expressing your opinions by survey taking. Take into account the reputation, others' comments, and your 'gut' feeling about the company when deciding to sign-up. When researching a company, check out the reviews on their product/.service. These reviews should be by someone who has the experience of being connected to the company. Remember "if it's too good to be true, it probably is!"
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About the author

Susan Miller is creating http://www.internetbusinessdepot.com to be a 'One-Stop'

Resource for all things involved in Internet Home Based Business. Find links to

businesses mentioned in this article, along with other 'helps' such as software,

in-depth descriptions of topics, internet jobs and more.

http://www.internetbusinessdepot.com

http://www.internetbusinessdepot.com

smiller@internetbusinessdepot.com

1 comment:

Anonymous said...

it's just easy to put up a business in the internet. potential clients can see what you have just with a few clicks.