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What Is The Best Online Business To Have in Today’s Economic Environment?
Written by: Joe MackeyArticle Overview: With all of the hyped-up online businesses out there on the internet, I thought it would be appropriate to outline what key elements are required to look for in determining a legitimate online business.
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What Is The Best Online Business To Have in Today’s Economic Environment?
There are obviously too many online companies
out there trying to desperately assert this claim of being the best online business
to have. Yet sadly there are many, if
not the predominant majority of online businesses that fall far short of this
claim. Since you are reading this
article, I’ll assume that you have a good idea of what benefits one would gain
by operating an online business. So
let’s stay focused on what is, and what makes up the key elements supporting
the claim of the best online business to have and operate from home or anywhere
for that matter.
Let me first list what I consider the top 8 components that would
help support this claim:
1)
Minimal time requirements to maintain your site
2)
Easy access to support
3)
Proven system/product that is updated frequently
4)
Product with Low competition (hard to duplicate)
5)
Product line in high demand
6)
High price point product line
7)
High commissions
8)
High Residual Income
Though sites like Clickbank, Paid Survey and Commission Junction and
the like could arguably hold claim to items 1, 2 and 3 it would be hard to make
any serious money with these programs as either the commission split percentage
is based on a low cost product and thus, you’d need to sell an enormous amount
of product to offset your marketing cost.
Or, there is no long term residual income of high percentage to help you
leverage your time to any noticeable degree.
To offset the weaknesses of the above mentioned internet businesses,
and to hold claim to the best online business to have, one would need to be
involved with a high demand product with a high dollar commission paid out and
not just high % commissions (as 50% commissions sounds great, but not if it’s
based on a low price point product line).
In addition, though there are some online businesses that provide a
residual income component, only 1 that I can find offer a high residual income
above 30%.
In fact, I was able to find one company that provides ALL 8 components
stated above and supports their claim to the best online business to have in
today’s economic environment. Not fully
understanding their program, but realizing this may be the only legitimate
online business opportunity that I could produce the six figures I was
searching for, I took one step at a time and realized they were for real (to my
surprise). Since that day, I followed
each step that I was counseled to do and am truly blown away at the opportunity
that lays before me with my new found (part time) career! Though it took me months to find, I found a
true online opportunity, and have been able to leverage my time while working only a
few hours a day operating an online business from home.
To Your Success,
Joe Mackey
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About the Author: Joe Mackey RSS for Joe's articles - Visit Joe's website Joe Mackey has spent over 18 years in the real estate industry and has a CCIM designation. From commercial and residential appraisal, property management, and acquisitions of over $400M of commercial property which has closed. Over the past year, Joe left the RE industry and has started his own internet marketing company. An evolving industry w/constant changes and challenges. Most of all he likes helping others gain a head start in educating them on how to start and operate their own online business. Joe Mackey, Internet Marketing Success Coach 801-472-6462 http://www.HomeMoneyMachine.net Click here to visit Joe's website What Is The Best Online Business To Have in Todayas Economic Environment |
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