Can the Average Person Really Make a Living Online?
Can you really make money online? The answer is a resounding "Yes!"
First, though, you need to understand how this game really works. The right
mindset is crucial to your success.
You've probably come across numerous business opportunities already. I know
you're actively searching for information. I hope you haven't become jaded
already by the con artists out there who make false promises.
The fact is you can profit significantly and, yes, even quickly once you learn
the right way to do business online. So, approach this article with an open mind.
What E-Commerce is really all about
There's nothing magic about the Internet. It's really just another medium of
communication. The difference between doing business online versus doing
business in a brick and mortar establishment is this:
1. Your potential customer base spans across the globe if you so desire. You
aren't limited by your location.
2. Your business operates 24/7. You can still make sales even when the workday ends.
3. Your overhead is significantly lower than it would be in a traditional
business, and the barriers to entry are lower as well.
4. You can create non-traditional businesses which will have no parallel in the offline world.
As an online entrepreneur, you also enjoy a wider range of options in number of
products you sell, their method of delivery and your profit margin after expenses.
Sounds great, right? It truly is an ideal situation for the small, home based
business owner; but don't quit your job just yet.
An online business requires just as much focus and dedication to get off the
ground as any other business, so forget about working at home in your underwear
right off the bat.
The first thing you need to do is investigate your options. What type of
business can you start online? Which businesses are the easiest to set up?
If you already possess some business knowledge and common sense, you're off to a
great start. The real challenge comes when you start translating this knowledge
to match the rules of online commerce. The game is played a bit differently on
the internet than it is on the streets.
Newcomers often have difficulty sorting out the differences between business
models versus business strategies.
Here are some of the most common online business models: