It’s an interesting fact that more than 50 million people are able to access the Internet today, while the technology itself is still very young. Of these 50 million people, it is estimated that over half have set up home based online businesses with their computers. Now, think of what this means. It’s a massive (and expanding) audience, coupled with the savings on overhead costs from using your online business for advertising and marketing. You can see how there is a lot of potential to succeed.
Below are a few guidelines to help you to cash in on the online home business boom that is becoming more and more popular.
Make a decision on what you will be selling.
Starting a home business, even one that only involves one computer connected to the Internet, is always an ongoing process of making new decisions. In most online home businesses, you’re likely to settle on one of two areas: products or services.
If you’re interested in products, you can either handle the whole operation yourself, including the handling and processing of orders and payments, as well as shipping and stocking goods, or you can just do the marketing for a company that does the administration for you. Your online home business in this case will be concerned with getting this company orders, and receiving your own commission for this.
You can also decide to provide services rather than products in your home-based business. There are advantages to doing so. If you provide services, you can get what’s called a `residual’ commission