An online business is potential goldmine .Are you cashing in yet?
Many people in the world are making good money out of their
websites so could you?
Why you should do business online?
Unlike other businesses, the capital needed is little. All you need
is a laptop, a mobile phone and internet connection.
Expensive equipment and stuff hiring are cost you won’t incur
during start up but later on, as it expands you may require an administrator.
A set location is not necessary. Working from home, school, your
car or laptopistan (any restaurant or coffee shop where laptops are welcomed)
the convenience factor is huge, especially if you have little children.
You can choose your working hours, some people work better in the
morning, others at 2am, when most of the world’s asleep and there are no
interruptions. An online business suits everybody.
How to do business Online?
v Consultancy services- If you are an expert in your field, you can tailor your website
so that professionals in need of your consultancy services would pay a fee on
logging in and get a one on one session with you. Health professionals have
taken advantage of this and other professions are yet to catch on.
v Online shops-You could open a gift shop or clothing store.(think mama mike’s)
with a catalogue of your wares. Payments are made online or on delivery. Easy
to set up with minimal costs, but competition is fierce.
v Product marketing-Approach a popular dealer to establish consumer attractive deals
that you can post on your website, and receive
cut of the generated sales. Models to learn from include local sites
Mocality and Rupu
v Advertising forum-Your website would act as an advertising channel for various products.
You source for advertisers depending on your site’s niche. If your website
specializes mainly in say, cars, you could get motor and spare parts companies
to advertise. Google Adsense pays depending on the number of clicks (views)
your site gets.
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