This is the fifth in a series of seven articles that tell you how to sift through all the home business opportunities you hear about every day, and find the PERFECT home based business for you.What makes an opportunity P.E.R.F.E.C.T.? In the first four articles in this series, we learned that the “P” in PERFECT stands for “Profitable”, that the first “E” in PERFECT means “Easy”, that the “R” stands for “Real”, and that the “F” means “Fits With Your Desired Lifestyle”.Key Number Five-
The second “E” in PERFECT stands for “E-Friendly”. The PERFECT home business will make heavy use of “online marketing”, and can be completely focused on it, using the internet and e-mail as a channel for direct marketing of your product or services. If you’ve ever wanted to make money on the internet, make sure your business is E-friendly for both marketing and product delivery.”E-Friendly” means:• Marketing can be conducted entirely on the internet and through e-mail.For purposes of this discussion, you want to make sure your home business can be operated using “online” internet and e-mail marketing methods. Up to 100% of your business may come from that marketing channel.However, you may not want to ignore “offline” direct marketing. In fact, for some products, it could be a mistake to focus only on internet marketing. I started out with classified advertising and small space ads in magazines and with post card mailings. But for now, focus on internet and e-mail marketing.• Products or services can be digitally delivered.The best of all worlds here is for customers to place their orders on the internet and for the product to be instantly delivered to them as a PDF, MP3, or other digital file. Your costs are extremely low for digital delivery and your customer gets instant gratification of their need by getting the product quickly.• Fits into a market or market niche where related key words are searched for often on the internet.If the key words related to your products are not searched for regularly on the internet, you will have lots of problems using the internet to market your products. The lack of related key word searches is one piece of evidence that there may not even be a market for your products.If there are many key word searches related to your product, it validates that there is a market for it. It is best if the key words imply the searcher has an intention to buy, rather than an intention to just gather information.So, the PERFECT Home Based Business must be E-FRIENDLY. And, it must be PROFITABLE, EASY, REAL, and must FIT WITH YOUR DESIRED LIFESTYLE.
How To Discover Your PERFECT Home Based Business – The Fifth Of Seven Keys – It Is E-Friendly
Considerable Factors Involved in Product Creation & Marketing
The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.
Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.
The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.
It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.
Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.
The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.
People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.
How To Start A Home-Based Business – 5 Steps To Make It Happen
Whether you are considering starting your own home-based business for the goal of bringing in a few extra dollars every week or you want to be earning six-figures within the next year, you can achieve these goals with the right dedication and the right tools to get it done the right way. If you want to start something that will last for years to come, then you have to go into it with the attitude that you will stick with it no matter what happens and that you will dedicate yourself to being ethical and delivering only great quality products and services to your customers.
With that said, you really can earn a full-time income or more from the comfort of your own home, and while it may seem like a difficult endeavor, it is actually simple to start and build a successful home-based business. If you are ready to take action, you can use the following five steps as a starting point to building a great work-from-home business.
The five steps to get yourself started include:
1. Sell the right products for maximum benefits
A great way to start is with a few lower-priced items, and the best way to scale your business is to develop more products that are sold at a much higher price. While you may be wondering what to sell and where to get your products, you should realize that the best way to make a lot of money is to sell your own products. It is so simple to create information products from home, meaning an ebook, an audio course, or even a video course can be made quite easily and can be sold from anywhere between $20 to $1000′s. If you are serious about making real money from the comfort of your own home, I encourage you to strongly consider going this route.
2. Get a website
Setting up a website has never been easier and the cost is so low that no matter what your budget, you can afford it. And the best thing is that setting things up is so simple and straightforward that you don’t really need to have any experience or expertise to get things up and running.
3. Start building a customer list
The best way to make money is to develop a customer base. When you start doing business from home, it is important to collect the names and email addresses of anyone who shows interest in your business, both online and offline.
4. Create plenty of good stuff to give away
You will have to provide potential customers with something they can use to gauge your expertise. If you were to write an ebook, then a good idea would be to take out a chapter and give it away as a teaser, so that your customers could see what you have to offer, increasing the likelihood of making more money.
5. Find a mentor
Find someone who has already built a successful home-based business and get some advice from them. This can help you avoid common mistakes, help you move forward faster, and help you achieve better results in less time.