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Tuesday, 26 June 2012

Types Of Genuine Online Businesses

If you have ever dreamed of being your own boss then you are probably wondering what types of online businesses are available for the stay at home business owner. There are dozens of ways of making money online but most people choose to utilize one of the top three methods for making money online. Each option offers its own benefits and disadvantages. Regardless of which type of online business you choose, it can only be successful if you are putting in the time and the hours to grow your business and help it generate website traffic, consumers and ultimately sales.

Affiliate Marketing
Affiliate marketing is the type of online business where you market a product for a manufacturer and receive a portion of the profits. Typically affiliate products are information products such as eBooks which are easy to download instantly by the consumer after purchase.
 Depending on where you find your affiliate products, the payment amounts and dates will also vary. Affiliate marketing is one of the most popular options because it allows you to sell products without having to worry about storing them anyplace or placing the orders through the manufacturers website.

Another popular method of starting an online business with very little money is to use the process of drop shipping. Depending on the products that you are selling you can sell items direct from the manufacturer on, or your own personal website. There are restrictions as to what types of products can be sold on both and A drop shipping manufacturer will supply you with the list of available products which you can sell all or some of through one of these mediums. As a business owner you can charge whatever price for the products that you want. There are millions of products that you can sell through drop shipping. Essentially, this is like having a brick and mortar store but it only exists online. When you receive an order you will have to access the manufacturers websites and submit the order to them. The company will then ship the product directly to the consumer using your shipping information. An authentic drop shipping manufacturer will not charge any type of monthly fee to access their products.

Information Products and Services
If there is a specific niche of information that interests you then you can use it to make money online through information products and services. For example, if you are interested in fitness and nutrition you could choose to offer online coaching services for customers. Additionally, you could write an eBook that is based in thorough research that informs the consumer of what they want to know about your specific topic. Information products are also the best way to build credibility for all types of business. If you are a plumber, for example, you could have a 50 page eBook written on common household mistakes and fixes that are related to plumbing. While you may get buyers from around the world, it will build your professional appeal to consumers in your local area who utilize your services.

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