If you are trying to figure out how to start an online business, I bet you are a little overwhelmed. So to narrow down the topic of an online business, I have decided to focus on three types of the cheapest and easiest online businesses.
Affiliate Marketing
Creating Ebooks
Membership Sites
Affiliate Marketing:
Affiliate marketing basically means selling other people's products online for a commission. Affiliate marketing is the quickest and cheapest way to start an online business. There is no inventory to keep, no order fulfillment, and no customer service to deal with.
You can become an affiliate marketer of almost anything. From digital products, to computers, to clothing, and many more items. All you need to do is find a product or service that you believe in and want to promote.
This is how it works. You will sign up for an affiliate program with a company that has created products or offers a service you want to promote. Once you sign up on their website, then they will give you a special affiliate link that is only unique to you. Once you have that link, you can start promoting the product or service on your website or blog, in an email, or even on Facebook, Twitter, and other social networking sites.
Write An Ebook:
An ebbok is an electronic book that you download to your computer. You can read it directly from your computer or print it out. The great thing about ebooks is...you don't have to wait for them to be shipped. You receive them instantly. And people LOVE instant information!
You can create an ebook for next to nothing and sell it for 100% profit!
There are different ways you can create ebooks:
Brain storm and research your topic
Hold a teleseminar: Have somebody interview you, have the interview transcribed, and then turn it into an ebook.
Blog posts: If you have a blog that covers a certain subject, you can turn your posts into an ebook.
Type your ebook into a word document, then convert it to a PDF.
Membership Site:
A membership site is a website that provides information or services to those people who register and pay to be a member.
Most membership sites bill their members on a monthly basis. Once someone signs up as a member, depending on the owner's set up, they are automatically billed each month. Those who sign up to become members have access to member's only information provided by the site owner on a regular basis.
Types Of Membership Sites:
Ongoing: Every month members will pay you for the content in your site. With this type of membership site, you will add content on a regular basis.)
Fixed Term: This type of membership site will last for a specified amount of time. It could last for 3 months, 6 months, 12 months, etc. This is a great way to present lessons into manageable chunks. You could actually turn your ebook into a fixed term membership site.
Membership sites are great because it is residual income. Meaning: recurring monthly payments.
Learning how to start an online business can be a bit overwhelming at first. Narrow down which type of online business sounds best for you, research your topic, and then start learning. Take it one step at a time. Before you know it, you will have an online business up and running.
Article Source: http://EzineArticles.com/3000317
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