First there are basically two types of PURE online selling. You're either:
• Selling your product
• Selling someone else's product.
Selling your Product:
eBay, Amazon, Craigslist, or whatever your medium is. You have a product that people want and you post an ad or list it at auction and sell it. Simple.
Selling someone else's product:
This could come in many forms. But basically you are either a Sales Rep or an Affiliate. The difference between the two: Sales rep you are employed by the company. An Affiliate you just sell their product and maybe sell others.
So a sales rep sells one product and tries to convince people why their product is superior. He gets commission maybe a salary, maybe health and other benefits and has to work every day to build up his leads to be able to close or make sales month in month out of the same product or company products.
An Affiliate is self-employed. They can sell whatever product they want and tend to cater to their customer's needs. They tend to specialize in niche products like sales reps, they still have to build leads to close sales, but they don't get all the benefits of a sales rep. But they do have one opportunity over sales reps. they can make a lot more money.
A lot of sales reps work for a company to get the skills they need then go out on their own because they do all the work to build the company but don't make what the owners do. There lies the key Element that is learned. The employee has a safety net. Benefits and a semi stable job. (I say semi because they can downsize or automate or do whatever they need to cut cost) The affiliate learns like the sales rep without the safety net and the benefits.
The Hard TRUTH
No matter which way you go it's about developing leads. The sales rep usually has the luxury of Brand Advertising. Major company's like NIKE, Boeing, and etc. spend millions of dollars on TV, print, radio, newspaper, cable, billboards, online, etc. to drive leads for their sales reps to follow up.
Now I say sales reps usually have the luxury of leads but they still have to call, visit, stop in follow up, pass out business cards, do their own advertising in some cases to get their own leads to build their employers business.
Some People in Insurance, Real estate, and the financial industry have the backing of the Brand Name but are Independent business owners. They have to pay for their own local advertising but have the luxury of National Advertising. But still have to go out and get leads and close sales.
SO How does all this relate to online business opportunities?
Online business opportunities require people to have:
• Startup Capital
• funding for advertising
• knowledge of sales
• customer relationship building skills
• most important Time to Build their business
These people are entrepreneurs in the most basic form.
Most people that have succeeded in online business opportunities have:
• Built lists of people looking for their product or service.
• Cultivated and built trusting relationships with people on those lists.
• Spent the time learning marketing.
• Spent the time and or money advertising to market their products or services.
Now there are people making Millions and Billions in online business opportunities. But these people have mastered all of these things and promote their own products and services.
So the head lines are true. But to think you can start an online business and not spend any money well then you will fall victims to all the scams of people selling you their reports on how to do it for free.
Now that we see the potential how do you know which online business opportunities are right for you?
Well that lies in the opportunity. First ask yourself these questions?
• Do I want to call and talk to people?
• Do I want to go out and talk to people?
• How much time can I devote to my business?
• What type of training if any does the online business opportunity provide?
• Who are the people teaching it and do they do the business themselves?
• Am I able to commit to an advertising budget monthly for 6 to 9 months and not see much return?
• What is the startup cost?
• Are there different levels of getting in?
• Do they offer a partnership?
• How do they conduct training?
• How many sales do I need to make to make the kind of money I want?
• What are the conversion numbers in order to make that kind of money?
• Do they have people who are available to help me out 24/7?
Now that you know there is lots of money to be made in online business opportunities, the question remains is it right for you.
• Selling your product
• Selling someone else's product.
Selling your Product:
eBay, Amazon, Craigslist, or whatever your medium is. You have a product that people want and you post an ad or list it at auction and sell it. Simple.
Selling someone else's product:
This could come in many forms. But basically you are either a Sales Rep or an Affiliate. The difference between the two: Sales rep you are employed by the company. An Affiliate you just sell their product and maybe sell others.
So a sales rep sells one product and tries to convince people why their product is superior. He gets commission maybe a salary, maybe health and other benefits and has to work every day to build up his leads to be able to close or make sales month in month out of the same product or company products.
An Affiliate is self-employed. They can sell whatever product they want and tend to cater to their customer's needs. They tend to specialize in niche products like sales reps, they still have to build leads to close sales, but they don't get all the benefits of a sales rep. But they do have one opportunity over sales reps. they can make a lot more money.
A lot of sales reps work for a company to get the skills they need then go out on their own because they do all the work to build the company but don't make what the owners do. There lies the key Element that is learned. The employee has a safety net. Benefits and a semi stable job. (I say semi because they can downsize or automate or do whatever they need to cut cost) The affiliate learns like the sales rep without the safety net and the benefits.
The Hard TRUTH
No matter which way you go it's about developing leads. The sales rep usually has the luxury of Brand Advertising. Major company's like NIKE, Boeing, and etc. spend millions of dollars on TV, print, radio, newspaper, cable, billboards, online, etc. to drive leads for their sales reps to follow up.
Now I say sales reps usually have the luxury of leads but they still have to call, visit, stop in follow up, pass out business cards, do their own advertising in some cases to get their own leads to build their employers business.
Some People in Insurance, Real estate, and the financial industry have the backing of the Brand Name but are Independent business owners. They have to pay for their own local advertising but have the luxury of National Advertising. But still have to go out and get leads and close sales.
SO How does all this relate to online business opportunities?
Online business opportunities require people to have:
• Startup Capital
• funding for advertising
• knowledge of sales
• customer relationship building skills
• most important Time to Build their business
These people are entrepreneurs in the most basic form.
Most people that have succeeded in online business opportunities have:
• Built lists of people looking for their product or service.
• Cultivated and built trusting relationships with people on those lists.
• Spent the time learning marketing.
• Spent the time and or money advertising to market their products or services.
Now there are people making Millions and Billions in online business opportunities. But these people have mastered all of these things and promote their own products and services.
So the head lines are true. But to think you can start an online business and not spend any money well then you will fall victims to all the scams of people selling you their reports on how to do it for free.
Now that we see the potential how do you know which online business opportunities are right for you?
Well that lies in the opportunity. First ask yourself these questions?
• Do I want to call and talk to people?
• Do I want to go out and talk to people?
• How much time can I devote to my business?
• What type of training if any does the online business opportunity provide?
• Who are the people teaching it and do they do the business themselves?
• Am I able to commit to an advertising budget monthly for 6 to 9 months and not see much return?
• What is the startup cost?
• Are there different levels of getting in?
• Do they offer a partnership?
• How do they conduct training?
• How many sales do I need to make to make the kind of money I want?
• What are the conversion numbers in order to make that kind of money?
• Do they have people who are available to help me out 24/7?
Now that you know there is lots of money to be made in online business opportunities, the question remains is it right for you.
