For a first-time internet entrepreneur, the top internet businesses to consider have five things in common:
1) the market is accessible
2) the business is inexpensive to develop
3) the niche has excellent profit potential
4) the business can be built with a flexible time commitment
5) the entrepreneur is passionate about the subject matter
Work at Home Moms and Dads
As a parent, you need the flexibility to build your business in spurts when the opportunity arises. Many stay at home parents become infopreneurs because of the residual income potential and the work-life balance it offers. If built strategically, your business will continue to grow when you step away to focus on what’s most important.
Niche market research can help you discover where to focus to attract the most attention. One of the easiest ways to do this is to develop a content-rich website about a specific subject or theme and grow the site using in-demand keywords.
Long Tail Marketing
Long tail marketing means to go after niches which are so small they are often overlooked. For example, you could build a web page based on a keyword that only draws 5 people a day but has little competition. Now, if you built ten of those pages, you would have 50 people visiting your site every day. Incredibly, if you could build two pages every week for the next 12 months, you would generate roughly 500 people per day (15,000 people per month) visiting your site a year from now.
Do What You Love
The top internet businesses are a pleasure to build. Of course you’ll be working but if you’re focused on something you enjoy, it won’t feel like it most of the time.
Passive Income – Work When You Want
If you set your business up properly, you will be able to make money online twenty-four hours a day through the power of automated order processing and delivery. For more information don’t miss the Infopreneur FAQ.
Many of the top internet businesses incorporate at least one affiliate component. Affiliate marketing is basically word of mouth marketing. If someone purchases a product based on your recommendation or referral, you are paid a commission.
There are a gazillion or so affiliate programs online so do your research before jumping in – there are a lot of mediocre products being sold this way. But if you discover a great product that helps people and has a good commission rate, you can make a lot of money recommending it.
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