There are an incredible amount of benefits of starting your own online business. If you’re still on the fence about it, I think you should take some time out to really reflect about what the next income opportunity that will be next for you. If you hate working a job, then obviously a business is for you.
And if you want to own a business, you will have to decide whether or not the business will be offline or online. And since you’re reading this lesson here today, I’m assuming that you want to start an online business – which is a smart thing for so many reasons. The internet is an awesome place to sell things without having a brick and mortar business that you have to go to manage employees everyday.
So let’s get started talking about why you should enter into an online business, and the benefits that it has to offer. To me, just the idea of owning my own internet business gets me excited, and makes me want to do better for myself. This is why my business is successful, and is also why many people choose to do an online business as their favorite way to make money in their spare time.
Here’s online marketing benefit number 1:
1) Costs are low
To get started with your own online business, the costs of doing business are incredibly low. There are some money making business opportunities out there that don’t even require you to have your own website or even an email autoresponder. That’s how cheaply you can begin making money online without doing much of setting everything up.
This isn’t like an offline business where you have to pay rent, manage employees, manage inventory, visit the store every so often, work there yourself, and etc. You can run your entire business on a computer, and come out incredibly profitable in the end. It’s really that easy.
Here’s another benefit of online marketing:
2) Getting customers is easy
Did you know that it’s easier to sell a $37 product online than it is to sell it offline? It’s true, and this is just one more reason why I love marketing on the internet. You can sell all kinds of high priced products online, and people will sit there and buy it from you also. So yes, getting customers is very easy to do online.
And the more customers you get, the more money you will make in your business – because 80% of your total business income will come from sales from recurring customers (we call this “backend marketing”). Getting customers can be as easy as pie – especially if you know how to get a lot of traffic back to your website.
You will want to consider these 2 benefits of online marketing today if you want to have a booming business. Despite today’s economy, you can still make money online, and now is the best time to start one – especially if you’ve recently just lost your job, and only have limited amounts of money to spend on advertising and marketing.
By Noah Kirk