Work at Home Business part 2

2. BIG Profits- This is important as the advertising needed to result in sales can be quite costly. For some $1000 price point business programs, it isn't unusual to spend $200, $400 or even $600 to make that $1000 sale. Of course, there are ways to also spend $0 in advertising, but the reality is advertising is often on the range where to make $1, you may need to spend $0.40. Your profit is still $0.60. Would you do that over and over if you had a automated system in place to make this happen? Big Profits allows enough profit so your advertising cost is well covered by your selling price. You can't do much advertising to make a profit on selling a $20 ebook for example. 3. Hot Products- Yes, the product must be tangible and have use and value. There are many new business opportunities that offer $75,000 or more worth of downloadable products that sell for $1000. That's pretty HOT, and full of value. Having a product that can be downloaded, means NO shipping. Now that is just way too easy. 4. Leads and Traffic- This is probably the most perplexing for most new work at home business owners. An online business will never make any money without a source of leads (prospects). The key to providing leads to an online business is they need to be targeted. This means you need to advertise to a niche market of people looking for exactly what your offers. Seems so simple a concept, but so may people struggle in building their prospect list. 5. Support and Training- as with any business start up, you need to learn your work at home online business program.Make sure that your business program has ample training and resources so you know exactly what to do to get those prospects to your System. This is not always easy to figure out when doing your due diligence on an offer.

Work at Home Business part 1

The internet changes daily as far as what works and what doesn't when it comes to making money online. If you are new to work at home online businesses, your head can spin with all the hype, sales pitches , and outright lies as far as the reality of starting up an online home based business. There are however a few things to look for in your search for a work at home business that can become some nice additional income, or even better, your "job". Working at home, generating $1000 a day is far from what I call a "job". To help ease your frustration, and point you in the right direction for what you should be looking for in today's online marketplace, the following summarizes the 5 essential ingredients in a winning work at home online business opportunity. Later in this brief overview, I will offer a "secret" to online success that is rarely mentioned in the many articles written on the subject. 1. SYSTEM- This may be the most crucial item to your success. You need a System that generates prospects, educates them on your business opportunity, sorts and weeds out those that are not interested in your offer, then closes the sale at a conversion rate that ensures profitability. The System must be as automated as possible so you aren't spending hours cold calling or following up with people that are probably not interested, then trying to use your sales closing skills to make a sale. Think of the successful off line businesses such as McDonalds, Tim Hortons or Subway. Do you think they could duplicate those businesses all over the country, setting up new franchise owners to run these businesses, without a SYSTEM that works?

Definition E-Commerce

E-commerce is a business transaction through
electronic media (Internet, e-mail, extranet, intranet,
EDI), which supports the buying or selling of goods
or services. More often it is known as trading online.
Whether to trade online is for many companies
dependent on the software available, the website
they own and the Internet connection they have.
However, the initial decision to trade online is nota technology issue – it is a business decision.

E-Commerce Opportunity

A secure e-commerce Web site can provide businesses with powerful competitive
advantages, including increased online retail sales as well as streamlined application
processes for products such as insurance, mortgages, or credit cards. E-commerce credit
card sales can be especially lucrative: according to independent analysts, cash

By offering products and services on the Web, businesses can gain unique benefits:
· New customers: Anyone with an Internet connection is a potential customer: millions
around the world are already using the Internet for business transactions. Web
storefronts are open 24 hours a day, and require no investments in brick and mortar.
· Cost-effective delivery channel: Many products and services, such as software or
information, can be distributed directly to customers via the Web, enhancing the
customer experience and increasing profitability by eliminating the shipping and
overhead costs associated with order fulfillment.
· Streamlined enrollment: Paper-based enrollment workflows are fraught with delays.
Applications for insurance, a mortgage, or a credit card, for example, can be held up
in the mail. And once received, application information must be entered into
computer systems manually, a labor-intensive process that can introduce errors. By
accepting applications via a secure Web site, businesses can speed application
processing, reduce processing costs, and improve customer service.
· Better marketing through better customer knowledge: Establishing a storefront on
the Web positions enterprises for one-to-one marketing—the ability to customize
products and services to individual customers rather than large market segments. The
Web facilitates one-to-one marketing by enabling businesses to capture information
about demographics, personal buying habits, and preferences. By analyzing this
information, enterprises can target merchandise and promotions for maximum impact,
tailor Web pages to specific consumers, and conduct effective, tightly focused
marketing campaigns.
No business can afford to ignore this opportunity. But businesses also can’t ignore the
potential pitfalls. Before entering the fiercely competitive e-commerce arena, businessesmust carefully assess and address the accompanying risks.