Information
Warehouse Home
Home Business Home
(Article
List)
Learn
about becoming a data entry pro:
Click Here!
1035 Home Business Ideas (plus lots of
bonuses). There is a lot of valuable
information here for the money!
Click Here!
Did you ever
want to sell on the Internet but you didn't have a product?
You can buy resale rights to all these products for a very
reasonable price. Sell on your own web site, by email or on
eBay! For information
Click
Here!
Make $$$ writing Google AdWords from home: Click Here!
Get paid for
taking surveys! Click
Here!
Establish a
home typing business:
Click
Here!
|
Affiliate Products or Create Your Own? You Decide...
|
|
by: Mal Keenan
|
Copyright 2005 Mal Keenan
Every business need products or services to sell and without these you
DO NOT have a businesss. Makes sense, right?
If you are thinking of starting an online business you need to decide
whether you want to sell your own products or whether you want to do as
I do and sell other peoples' for commissions.
I have been making a full-time income from home as an Affiliate
Marketer since 2004. I sell other people products and services.
If you are new to online marketing you may not believe it is possible
to sell without ones own products. I was convinced when the company
checks started rolling in.
Let us first look at some ideas for creating your own product.
Discovering what people need and want is tantamount to finding a
lucrative market for your work at home business. There are three things
you should look for in determining the profitability of a particular
market:
1. How great is the demand? 2. How scarce is the supply? Or restated,
how much competition will you encounter? 3. Will you be able to provide
for this demand?
If the answer to all the three considerations above are favorable, then
you have for yourself a good market that your online home business can
cater to.
Of course, there are some tricks and tactics that you could use to find
ideal markets. Here are some of them:
* Go to www.inventory.overture.com or www.nichebot.com and type in the
type of business you wish to pursue. The results will show how many
searches were made, direct or related, for that particular subject over
the past few weeks.
* Make a search for the same business type in any of the search
engines. These results will show how abundant or scarce your
competition will be.
* From time to time, there are special reports that are published which
enumerate hot niches waiting to be exploited. Niches, of course, are
highly specialized markets that most businesses tend to overlook.
Once you find a market, it's time to come up with a product.
Information products, ie. E-books, are the most ideal for your online
home business. They can be digitally delivered, and they don't require
physical space for stocking.
There are four popular ways by which you could come up with an
information product for your online home business:
* You could create these products yourself. Maybe you are an expert in
a certain area? Could you write a special report? Don't forget to check
out if there is a demand for the info as outlined above.
* You could hire someone to create them for you. Elance.com is a
favourite for online marketers to have products created and I have used
them on quite a few occasions myself.
* You could use existing products that have been created by others,
through the purchase of their resale rights.
Mike Hill is an expert on using Public Domain Works for this purpose.
You can check out his site here:
http://www.malkeenan.com/offers/publicdomainworks.html
Then there is Affiliate Marketing.....
You can join affiliate programs in 1000s of different markets in almost
any topic imaginable and choose to pre-sell any of the products they
have to offer. As mentioned above this is my preferred method.
When choosing affiliate products you want something of quality which
also offers high commissions. Most quality affiliate programs will also
offer tools in the form of graphics and pre-written ad copy to help you
make your money.
Some affiliate programs will offer 75% commission to you for selling
their service online. I would be looking for at least 50%, especially
for low priced products like e-books.
For high priced items, marketing seminars, marketing course etc. I
would expect 30-50%.
The benefits of selling affiliate products is that you don't have to
worry about payment processors nor product support, which can be a
nightmare.
Selling affiliate products frees up a lot of my time. The way I see it,
there is no point working at home unless it allows me more freedom to
do the things I like to do.
Whether you choose your own product or to go the affiliate route there
is a lot of money to be made, IF you do the right things.
I am here to make your decision easier and give you whatever help and
advice I can to enable you to proceed.
Contact me anytime for ideas and advice.
I genuinely want to help.
About the author:
Mal Keenan is publisher of Home Business Tips newsletter:
http://www.home-business-tips-newsletter.com
Check out his work at home opportunities website:
http://www.workathomebiz.info/
Circulated by Article Emporium
|
|
©2005 - All Rights
Reserved |