“It goes without saying that the Internet relies on great content. I found this article which helps crystallize the whole thing on blogging and content … Enjoy.
Best Online Business Ideas for 2011
By Dennis Howe
Here are a some of the best online business ideas that will help grow your business!
The company. The business you invest your time and money in is important. Most online businesses are affiliate based and is my favorite type on online business. That means your contribution to the company operation is to conduct business marketing. Several of the business product or service providers will expect you do the selling, but I’m more of a “hands off” business operator, so I steer clear of them or let a professional sales staff handle the day-to-day selling. However, your idea of best business practices would be to generate your own business sales. Typically, affiliate marketing will not require that you purchase expensive business equipment, like the credit card terminals or carry an inventory of products. The supporting online business should handle that for you.
The product. The product is extremely important. Be sure you do your due diligence for researching the best business and products. Make sure you get an idea about your business product/service provider from other persons or organizations, such as the Better Business Bureau, that will not have an equity in the business. Check to see if the product or service has received online business or industry awards for notable achievements such as trade and business magazines or articles. Further, make sure the product has value for others and is in demand. Your product line should offer “small” (less that $100) and “big” (more than $100) ticket items. By offering both, you’ll have the smaller items to sustain the business, but knock it out of the park with the “big” ticket items. That’s where you’ll make the big bucks.
Lead generation. Purchasing leads from a lead broker can be very expensive and can quickly drain your bottom line. Google “Adwords” advertising charges are ridiculous. You’ll find the competitive Pay-Per-Click (PPC) costs well over $3.00 per click for effective advertisements. The best idea for generating leads is the creation of my own leads. It’s fun and keeps me challenged. I particularly like the idea of creating the best leads through professional online articles and blogs. This business idea will demonstrate several things to a prospective information seeking entrepreneur. First, because you’ve taken the time to document your online business efforts and experiences, your business articles will imply professionalism and will demonstrate that you are serious about your trade. Second, the lead source (online blogs / articles) is a semi-permanent lead generator and will crank out leads over and over again for you as long as you remain an active contributor. Conversely, purchased business leads are a one-shot deal. Once you’ve qualified your paid lead, they’re gone. Therefore, my preferences are for blogs and articles.
Stay the course. Despite some claims, the best online business ideas do not include making a thousand dollars in one night, while you sleep. That’s just not likely to happen. However, if you persevere in promoting your online business, the rewards will come. Keep adding online content (build on your experiences), use professional business blogs and articles, and pass along this information to others. Following these guidelines help you to generate the results you expected when you started your business, which is the goal to have the best online business possible.
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