Now one of the reasons why some people are motivated in working from home is often different from person to person.But the main factor is a desire to earn a reliable salary that does not require you to leave home every day."John Smith" would be oblivious to this possibility of course.Think of the advantages of not having a boss leaning on you everyday.!!.You will be your own boss.!!
But dont be seduced by the endless stories of roads to riches, the road is not paved with gold, but their are nuggets to be found if you do your research properly.Work loads can paradoxically be higher for home businesses than outside in the real world.But always test part time before you jump into a fulltime career working from your house.
At this stage you appear to be very interested in an online income based around the vagaries of the internet.This is because you realise the immense possibilities a small business can achieve online rather than offline.The two obvious ways of making an income are selling a service or selling a product.
At this moment you are obviously interested in an online income based around the combination of home and the intenet.This is because most marketers realise the amazing immense possibilities an individual can achieve online for a smaller outlay than offline business model.Their are only two obvious ways of making an income which are selling a service or selling a product.!Thats it.!
Even if you have no site then a marketer could be advertising products or services utilising google adwords which is maintained or yahoo ads etc.Both methods require a certain level of knowledge which is lightly touched on in this article.The sequence is find a product you think would sell, learn a method of promoting it and then find low competition keywords for that generic term.That method is called "long tail" keywords. For instance, instead of trying to compete for the word "mercedes" which would be difficult, you might compete for "discount mercedes in michigan" which will have less competition.
During a class of his students gary halbert, master salesman, asked the following question "if you and I both owned a hamburger stand and we were in a contest to see who could sell the most hamburgers..what advantages would you like most to have on your side to win.?"The students shouted back answers like "I would use the leanest,tastiest hamburger meat" or "my prices would be lower" etc etc.Gary waited and then said "the only advantage I want is a starving crowd" .All he meant was you must know what the target market actually wants.!
Internet marketing, just like other forms of marketing requires two key factors for you to research to work out if you can make a sales killing.The first is traffic levels, ie, how many potential customers there are, and the second is Visitor values.Or, what is each of these possible customers worth to me.The main problem with knowing traffic levels is are their actually buyers for this.?For instance, a search for terms like pranks and jokes etc would show huge traffic levels but with a zero level of potential buyers.A tool which is ignored but simple for traffic levels and competition is the google adwords suggestion tool.
When using Google suggestion tool go to "results are tailored to.." and click edit and choose country.Type in your main keyword and tick "use synonyms" box.I personally dont tick "dont show ideas for new keywords.." for this method.We now see the "Approx Avg Search Volumne" for a monthly guesstimate.Then we literally look for the long tail keywords from the bottom up and see if we can find a decent search number.Then if we are going for the US market we enter United states google search and see what is the number of competitors are for each term.
To find the rough numbers after using google adwords suggestion tool we search for "keywords" to find web sites "built" around these keywords to some degree.To find values of the possible customer/niche we go to the adwords tool we go to the left hand side and select "Show estimated Avg .CPC".We then multiply traffic by cpc(value per visitor) and arrive at Total market value.Anything above one million dollars per month is a definite possiblity, you just have to find long tails to get pages to rank.Generally speaking, when comparing two similar niches, the one with the higher customer value will be more profitable.!Thats when you start to consider number of competitors, strength of competitors, your products price, conversion rates, and your ability to optomise the site to compete with your competitors.
But dont be seduced by the endless stories of roads to riches, the road is not paved with gold, but their are nuggets to be found if you do your research properly.Work loads can paradoxically be higher for home businesses than outside in the real world.But always test part time before you jump into a fulltime career working from your house.
At this stage you appear to be very interested in an online income based around the vagaries of the internet.This is because you realise the immense possibilities a small business can achieve online rather than offline.The two obvious ways of making an income are selling a service or selling a product.
At this moment you are obviously interested in an online income based around the combination of home and the intenet.This is because most marketers realise the amazing immense possibilities an individual can achieve online for a smaller outlay than offline business model.Their are only two obvious ways of making an income which are selling a service or selling a product.!Thats it.!
Even if you have no site then a marketer could be advertising products or services utilising google adwords which is maintained or yahoo ads etc.Both methods require a certain level of knowledge which is lightly touched on in this article.The sequence is find a product you think would sell, learn a method of promoting it and then find low competition keywords for that generic term.That method is called "long tail" keywords. For instance, instead of trying to compete for the word "mercedes" which would be difficult, you might compete for "discount mercedes in michigan" which will have less competition.
During a class of his students gary halbert, master salesman, asked the following question "if you and I both owned a hamburger stand and we were in a contest to see who could sell the most hamburgers..what advantages would you like most to have on your side to win.?"The students shouted back answers like "I would use the leanest,tastiest hamburger meat" or "my prices would be lower" etc etc.Gary waited and then said "the only advantage I want is a starving crowd" .All he meant was you must know what the target market actually wants.!
Internet marketing, just like other forms of marketing requires two key factors for you to research to work out if you can make a sales killing.The first is traffic levels, ie, how many potential customers there are, and the second is Visitor values.Or, what is each of these possible customers worth to me.The main problem with knowing traffic levels is are their actually buyers for this.?For instance, a search for terms like pranks and jokes etc would show huge traffic levels but with a zero level of potential buyers.A tool which is ignored but simple for traffic levels and competition is the google adwords suggestion tool.
When using Google suggestion tool go to "results are tailored to.." and click edit and choose country.Type in your main keyword and tick "use synonyms" box.I personally dont tick "dont show ideas for new keywords.." for this method.We now see the "Approx Avg Search Volumne" for a monthly guesstimate.Then we literally look for the long tail keywords from the bottom up and see if we can find a decent search number.Then if we are going for the US market we enter United states google search and see what is the number of competitors are for each term.
To find the rough numbers after using google adwords suggestion tool we search for "keywords" to find web sites "built" around these keywords to some degree.To find values of the possible customer/niche we go to the adwords tool we go to the left hand side and select "Show estimated Avg .CPC".We then multiply traffic by cpc(value per visitor) and arrive at Total market value.Anything above one million dollars per month is a definite possiblity, you just have to find long tails to get pages to rank.Generally speaking, when comparing two similar niches, the one with the higher customer value will be more profitable.!Thats when you start to consider number of competitors, strength of competitors, your products price, conversion rates, and your ability to optomise the site to compete with your competitors.
About the Author:
Mike Williams has been involved in marketing for the last 10 years on the internet.Check out his mildly humourous marketing tirades at work from home
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