Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Your Online Business-Multiple Streams of Income and Where To Get Them

Your Online Business-Multiple Streams of Income and Where To Get Them

The first question everyone asks when they initially think about starting an online business is a the most natural one, "What do I sell?" Sometimes that is followed by, "Where do I find it?" The third question is usually, "OK. I know what and where, now how do I go about doing it?"

#1 What do I sell online?

Tangible and Intangible Goods, just like you would offline.

#2 Where do I find it?

Look around you, the options are endless.

The answer to all three questions is actually as simple or as complicated as you want to make it. The following list contains a few practical suggestions to jump-start your thoughts on the matter.

Physical Goods:

~ Artwork and Handcrafted Items

The internet is the perfect venue for unique items because the range of your audience is worldwide, and they can generally be inexpensively reached. Think of it this way. If you have just one customer per square mile locally, then a single permanent advertisement in the form of a web page posted online, exponentially expands the square mileage you can reach with your single advertisement and therefore the number of potential customers you have.

This same principle applies to almost every item that you can think of to sell online.

~ Yardsale, Flea Market and Auction finds

The same analogy applies to scavenged items. Antique, vintage and unique items will, of course, always do better, since invariably there will be a collector out there somewhere who needs what you are selling because of the rarity of those items within their local marketplace.

Everyday items also do well in this category, if they have a everyday desirable value such a fine condition second hand designer or children's clothing, car parts, Legos, comic books and books, for example.

~The same items sold in your brick and mortar store or business
~Discounted and remaindered items from your local warehouse shop
~Items from a wholesaler that supplies brick and mortar shops

Unless it is an everyday, ordinary item that can be purchased locally most anywhere in the world, you can generally find a market for it online. And, even the ordinary can find the right market if you can heavily discount it or sell it in the right bulk quantity.

~Items from the proverbial magical Dropshippers list
~Items purchased in bulk from importers and wholesalers

If you want to get into this, think twice...and then think twice again. There are hundreds of people out there willing to sell you Ebooks containing secret Dropshipper's lists. The majority of them are probably not worth the paper they are electronically written on.

~Practical items that everyone needs, sold in bulk or discounted

Unless you have a product that you are the importer, originator, or creator of chances are good that you will not be able to compete in this market. The large manufacturers have long since discovered the secondary market available to them via an online catalog.

~Eclectic items that collectors and others may want or need

If you have access to, or live near the source of anything unique, you can almost always find a market for it online. Local rocks, minerals and gems, dirt with known, new or historically "touted" specific mineral properties, plants, seeds, pine cones, herbs, naturally occurring aberrations such as driftwood, vines, and interestingly shaped fungus, dried gourds, natural fabrics, even something as simple as homemade preserves or rags for rugs. Look around you and what makes the area where you live and work unique. Chances are excellent that you can find something that will sell online. Just be sure to check the Import and Export laws to make sure your product can be legally sold and shipped across State, National or International borders as required.

Intangible Goods:

~ Intangibles online products and as services

Advertising services, virtual assistant, writing, art, word and film editing, copywriting, the possibilities are almost endless because if you have a creative or other skill whose final product lends itself to being able to be transferred back and forth electronically, you have cut your overhead to almost nothing. My original custom web design business was built almost entirely on this premise, and its current incarnation expands on that theme. Over the years I have had more customers that I have never met live and in person, than those I have actually shaken hands with.

~Software, Ebooks, domain names, custom or Biz in a Box websites

This is an entire theme unto itself, so please see my article:

How To Build A Business Out of Thin Air or Using Online Wholesalers To Build Your Online Business

# 3 Now that I know what and where, how do I get started?

That is the easiest one of all to answer.

You just do it. You start with a little research. Then you purchase your first Domain Name, then you add Hosting, and then you put up a blog, or a custom or a Biz in a Box website of your very own to advertise your product, and finally you promote, promote, promote.

So to summarize:

In today's world most everyone begins with the premise that the Internet is the perfect advertising venue for the small or upstart business because it levels the playing field in a way that no other advertising medium ever has in the past.

Truer words were never spoken.





Your Online BusinessMultiple Streams of Income and Where To Get Them - To learn more about this author, visit Teresa Bohannon's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website

John Alexander
John has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center.
I look forward to hearing from you! - Visit John Alexander's Website

Cheryl Matthynssens

Cheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur.  Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well.  A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles.  She opened up a small affiliate site - The Balance Guide-  to help others find resources for mental and emotional well being.  Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com

- Visit Cheryl Matthynssens's Website

Richard Jefferies
For an online Car Loan Calculator and finance for a cheap car loan. Get approved on car loans or car finance in Australia with cheap bank car loans and finding a car finance broker. Commercial car loans including business car finance and car lease. Car Loan Calculator has information on finance companies and getting the right cheap car loan from banks at best car loan rates and a online car loan calculator for all finance in Australia. Get the best car finance with our help at Car Loan Calculator and Finance Ezi. - Visit Richard Jefferies's Website

Stephanie Robey
Stephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals.

She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com   Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences.  Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University.

Read Steph's Blog
Meet Steph and Dave
Sign up for our Free 7-Day BootCamp: Self Employed & Rich
- Visit Stephanie Robey's Website

Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas.  We specialize in internet consulting & internet marketing
- Visit Jeff Foster's Website

Jay Kubassek
(Jay's Full Bio: EvanCarmichael.com/jaykubassek)  In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.

 

As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)

 

Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. 

 

Jay resides in NYC with his wife Jamie, son Milo and dog Cooper.  Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Teresa Bohannon
(Visit Teresa's Website) Teresa Thomas Bohannon is a web designer, hosting & domain provider & internet marketing consultant. Teresa founded Spun Silk Web Design in December of 1995 as one of the first free standing female owned web design firms in the country. Teresa is also the founder the LadyWeb Family of Informational & Educational Websites, created to help women and men who dreamed of starting their own businesses find their way inexpensively through the available maze of website options, domain and hosting providers, and software solutions. Teresa's latest ventures are the MyLadyWeb Self-Installing AdSense & Affiliate Websites, a simplified turnkey option for beginning AdSense entrepreneurs, & LadyWeb's Things To Sell Resale Shop & MyLadyWebsGiftGivea way a free marketing cooperative. Teresa is a published author of short stories and holds an MA in history. In addition, she is the Human Resource Administrator for a non-profit agency. Teresa's personal cause is revitalizing literacy by reading "with" children.

Teresa Bohannon is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Teresa Bohannon's

Complete
List Of
Women-Entrepreneurs
Articles

Name
Email
Author's Free Downloads
Meditation Guide Icon Meditation Guide
Solving Problems Icon Solving Problems
How Search Engines Work Icon How Search Engines Work
Positive Thinking Icon Positive Thinking
Basic SEO Guide Icon Basic SEO Guide
Selling Shovels Icon Selling Shovels
Mental Imagery Icon Mental Imagery
Power of Concentration Icon Power of Concentration
Adopting Creative Thinking Icon Adopting Creative Thinking
Residual Income Icon Residual Income
Social Bookmarking Guide Icon Social Bookmarking Guide
Make Attitude Your Ally Icon Make Attitude Your Ally
Easy Product Ideas Icon Easy Product Ideas
Innovative Thinking Icon Innovative Thinking
Make Attitude Your Ally Icon Make Attitude Your Ally

More Teresa Bohannon
To Make Money OnlineStart By Giving Away The Farm Success Key Three
Low And No Budget Home Based Businesses Any Woman Can Start Part Three
Starting Your Own Online Business Is Actually Too Darned Easy
AIDAS The Simple Step By Step To Great Sales Copy Online
How To Promote Your Business For Free By Giving Downloadable Gifts
What Is A USP And Why Do I Need One To Sell My Product
Low And No Budget Home Based Businesses Any Woman Can Start Part Five
Super Guru Mega Launches Are They All Just Scams
Step By Step How To Start Your Own Home Business Steps 1222
Successfully Promoting Your Offline Business In An Online World
Free Downloads


 
 
 


Evan Elite Authors
Stephanie Robey  
Dave Kurlan  
Linda Richardson  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Working From Home Icon Working From Home
Federal Antitrust Laws Icon Federal Antitrust Laws
EQ SUCCESS STORIES Icon EQ SUCCESS STORIES
Best Cover Letter Icon Best Cover Letter
Campaigns to Customers Icon Campaigns to Customers
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Productivity Blogs To Watch In 2009
Top 50 Productivity Blogs
Top Blogs To Watch In 2009
 
Top 50 Business Plan Blog Posts for 2008
Top 50 Business Plans
Top Business Plan Blogs
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Watafutaji E Group Dar es Salaam, Tanzania,
Watafutaji E Group
Dar es Salaam, Tanzania
SEO For Africa

If I Were A Startup...
Gord Hotchkiss, $113k to $1.5 Mil in 5 years
Gord Hotchkiss
$113k to $1.5 Mil in 5 years
Julie Mitchell, $470k to $1.1 Mil in 2 years
Julie Mitchell
$470k to $1.1 Mil in 2 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Leon Leonwood Bean, L.L. Bean
Andrew Carnegie, Carnegie Steel
Andrew Carnegie
Carnegie Steel
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Jeffrey Gitomer, The Sales Bible
Jeffrey Gitomer
The Sales Bible
Guy Kawasaki, The Art of the Start
Guy Kawasaki
The Art of the Start
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Pluck it for the Bucket
By Jeanie Marshall
     Feeling the Positive Opposite
By Jeanie Marshall
     Noticing Energy for Personal Empowerment
By Jeanie Marshall

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More popular articles
- Consulting Franchises
More Information