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In you warriors opinion which online business model do you think is the best?

by imagoodguy
11 replies
Hello i have a question for you warriors, i would like your opinion on this -which online business model do you think is the best(Not exactly the best but you guys should know what i mean lol) and also what is the pros and cons of your selection and how successful have you been with that selection? info marketing, affiliate marketing, e-commerce etc...
#business #model #online #opinion #warriors
  • Profile picture of the author Dan Allard
    I think the list building/info product model is the best, and it's what I'm trying to switch to (to get away from service).

    Create a giveaway product (videos, ebook, audiobook) and offer it from a squeeze page. Set up an autoresponder email series with more free info (and build up a story- make them want something that you can offer). Then make your offer- which is another product you created. Once they buy, give them some time to soak in the info, then partner up with others and sell them affiliate products, more of your products, or a coaching service.

    Hmm scratch that, get them on your list and sell them something reoccurring. Like a membership site, monthly-fee based product or service, etc. Then drive traffic to it like crazy.
    Signature

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    facebook.com/WantrepreneurToEntrepreneur

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    • Profile picture of the author imagoodguy
      Thats sounds good, i have heard that this model is a great one. Anybody have anymore opinions...
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  • Profile picture of the author Giftys
    In my opinion, the "best" is what you're most passionate about. Your passion will drive you and make you work harder. We do e-commerce and have had a lot of success with it so we stick with it. But I also have a service-related company (Giftys.com) and I do local IM consulting too. Diversity is good as long as you don't bite off more than you can chew.

    Hope this helps!
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    • Profile picture of the author imagoodguy
      Originally Posted by Giftys View Post

      In my opinion, the "best" is what you're most passionate about. Your passion will drive you and make you work harder. We do e-commerce and have had a lot of success with it so we stick with it. But I also have a service-related company (Giftys.com) and I do local IM consulting too. Diversity is good as long as you don't bite off more than you can chew.

      Hope this helps!
      Thanks for the great post gifty
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  • Profile picture of the author flippianstar11
    Banned
    agree with giftys
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  • Profile picture of the author PatrickP
    Pick a small niche that you actually know a good deal about and have a good deal of interest in it.

    such as:
    Stamp collecting
    Baby sitting
    Bodybuilding
    and so on.

    Look how to make a product which is a twist on an existing product. Something that will make people think WOW that is amazing, and will help you spread the word.

    Go on forums telling people about your product and offering free samples to the Moderators and other people who are well respected.

    Pros
    You can test this for little to no money before you spend any money
    You are actually selling something people want(if you choose the right item)
    The potential profit is HUGE
    You can automate it just like any online company.

    Cons
    It takes some upfront money
    You need to ship items out or have company do it for you


    Just a thought it might be good if people also post what sort of success they have had with their choice. Without this it is just a list of what people's opinions are and doesn't hold a whole lot of water for real world results.
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    • Profile picture of the author Boston Joe
      List building and recurring billing are best in my humble opinion. It keeps the money coming in long after that first initial sale. It is a lot easier to sell to someone who has bought from you before rather than finding another customer.
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      • Profile picture of the author PatrickP
        Originally Posted by Boston Joe View Post

        List building and recurring billing are best in my humble opinion. It keeps the money coming in long after that first initial sale. It is a lot easier to sell to someone who has bought from you before rather than finding another customer.

        What business model do you think this is best like the OP asked?
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        • Profile picture of the author Boston Joe
          Originally Posted by PatrickP View Post

          What business model do you think this is best like the OP asked?
          I don't understand the question. I said building a list and recurring billing.
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          • Profile picture of the author PatrickP
            Originally Posted by Boston Joe View Post

            I don't understand the question. I said building a list and recurring billing.
            My apologies Joe. I am not well versed in the online info lingo. My background is selling physical products online. I thought you meant a list of past customers and thought ok customers from what business lol

            Again sorry for not understanding. Boy you know something about one sort of industry and come to realize it doesn't mean you know ANYTHING about a related industry
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    • Profile picture of the author imagoodguy
      Originally Posted by PatrickP View Post

      Pick a small niche that you actually know a good deal about and have a good deal of interest in it.

      such as:
      Stamp collecting
      Baby sitting
      Bodybuilding
      and so on.

      Look how to make a product which is a twist on an existing product. Something that will make people think WOW that is amazing, and will help you spread the word.

      Go on forums telling people about your product and offering free samples to the Moderators and other people who are well respected.

      Pros
      You can test this for little to no money before you spend any money
      You are actually selling something people want(if you choose the right item)
      The potential profit is HUGE
      You can automate it just like any online company.

      Cons
      It takes some upfront money
      You need to ship items out or have company do it for you


      Just a thought it might be good if people also post what sort of success they have had with their choice. Without this it is just a list of what people's opinions are and doesn't hold a whole lot of water for real world results.
      Awesome post!, i just added the success part to my original post
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