Which Online Business Model is Right For You?
Posted 4th March 2015 at 10:33 PM by T S Chan
Most beginners jump from one business model to another on a regular basis -> Wasting time and money!
You should look for a business model that appeals to you right from the beginning, focus on it and work hard to make it profitable in the long run.
I'm revealing now a few model and each of them have their own advantages and disadvantages. Choose wisely.
First Model: Create Your Own Products
You can do this yourself or hire professionals. After that set up a website and an affiliate program (via Clickbank or Jvzoo).
Once the whole system is up and running, you'll selling the same product over and over again.
And other marketers can promote your product and make a commission.
Advantage: you're in control because the more product you created the money you're going to pocket.
Disadvantage: you can invest lots of money and time on your product but may not pay out.
Second Model: Promote Affiliate Products
What you need to do here is to direct traffic to your vendor's product and if some of your prospect buy, you make a commission.
Before you start making money through this model, you should build a list, develop good relationship and establish yourself as an expert in your niche.
Advantage: you don't need to invest time and money to create products.
Disadvantage: competition is fierce because there are lots of other marketers promoting the same offer as you.
Third Model: eBay Seller
You don't have to worry about driving traffic to your product when you sign up as an eBay seller.
Because eBay is one of the high traffic site online.
You can sell info products on eBay in CD formats and ship it as a physical product (eBay has changed it's policy and download version is not permitted)
Advantage: you don't have to crack your head looking for traffic
Disadvantage: when eBay changes it's policy, it might give an negative impact to your online business.
Conclusion: There’re advantages and disadvantages in every online business model. You need to look at your own strength and weaknesses to choose a right one.
You should look for a business model that appeals to you right from the beginning, focus on it and work hard to make it profitable in the long run.
I'm revealing now a few model and each of them have their own advantages and disadvantages. Choose wisely.
First Model: Create Your Own Products
You can do this yourself or hire professionals. After that set up a website and an affiliate program (via Clickbank or Jvzoo).
Once the whole system is up and running, you'll selling the same product over and over again.
And other marketers can promote your product and make a commission.
Advantage: you're in control because the more product you created the money you're going to pocket.
Disadvantage: you can invest lots of money and time on your product but may not pay out.
Second Model: Promote Affiliate Products
What you need to do here is to direct traffic to your vendor's product and if some of your prospect buy, you make a commission.
Before you start making money through this model, you should build a list, develop good relationship and establish yourself as an expert in your niche.
Advantage: you don't need to invest time and money to create products.
Disadvantage: competition is fierce because there are lots of other marketers promoting the same offer as you.
Third Model: eBay Seller
You don't have to worry about driving traffic to your product when you sign up as an eBay seller.
Because eBay is one of the high traffic site online.
You can sell info products on eBay in CD formats and ship it as a physical product (eBay has changed it's policy and download version is not permitted)
Advantage: you don't have to crack your head looking for traffic
Disadvantage: when eBay changes it's policy, it might give an negative impact to your online business.
Conclusion: There’re advantages and disadvantages in every online business model. You need to look at your own strength and weaknesses to choose a right one.
Total Comments 0
