Online Income Solutions
When I
first started researching for solutions to earning an income online I was
overwhelmed by all the information on the subject. I was so frustrated that I
almost threw up my hands and said "to hell with it!" Fortunately I
learned a lot just by exposure to the massive ordeal, and luckily because of
the enormity of the Internet I gleaned what I needed to obtain successful
plan. I hope I can help you by eliminating all the superfluously, unnecessary
input data you are bombarded with. It really boils down to two very important
basic elements in selecting a legitimate viable business model; Product
selection and Customer base. Product selection: Let's be realistic and honest with ourselves; In order to produce a sustainable income Online (or anywhere) money has to change hands, (someone has to sell something and generate a reasonable profit). If we all agree on this premise it stands to reason our first step is to try to sell a product or service, that hopefully, is in demand. You may be lucky enough to have your own product or service that has been field tested and proven to be marketable. If this is the case, you have eliminated the time-consuming phase of selection and are only left with the remaining, but demanding phase of increased production and distribution to meet the increased orders. Your price point (selling price) of the product and/or service may be lower because you have eliminated one stage of profit-sharing ladder (wholesale purchase) to achieve the desired end income. Unfortunately the large majority of the individuals looking for Online income solutions do not have their own products and/or services to market. Therefore must depend on others to supply the necessary sales items. The main criteria for these acquired products and/or services is; the scrutiny of heavy competition with similar items in the marketplace. You will find that these type of acquired items (goods and/or services) are not usually sold on the open market, i.e. retail stores, catalog sales, etc. where they are subjected to intense rivalry and standard marketing practices, which tend to keep the prices low. If you are selling products and/or services produced by others they must have the capability of supporting a healthy price markup to the end-user to support the distribution, promotion, and commission costs incurred along the way and still be affordable. The sales price needs to support, and promote the perceived value to the end-customer. Customer base: Again it's logical that to complete this simple equation, someone has to purchase these promoted products and/or services in reasonably large quantities to meet and sustain any viable income stream. Most product and/or services sold online are one-time sales; consequently, you will need a steady stream of ready-to-buy patrons. This dilemma is the time-worn criterion to any business (online or anywhere). This all-important leg of any business model will determine the success or failure of every commercial venture, no matter what product or service one attempts to market. Fortunately the Internet affords the vastest pool of potential customers ever amassed in the history of man. You will find the most successful time-tested business models are the ones that have mastered the harvesting of perpetual qualified leads (customers) from the infinitely, fertile fields of the Internet. Substantial, sustainable incomes are real online income solutions afforded to those who find a company that meets and exceeds these two all important principles. |
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