Earn Money From a Home Based Business

Home Based Business

What if I was to tell you that there was a way to make money online from home for free? Would you believe me? That the initial cost is less than a pizza from one of the major pizza chain companies. This is what is on offer along with the best training and support anywhere on the internet.

The Internet Income University is a name you may or may not have heard of it but it is definitely worth having a look at as it offers free training and support. When you decide how you want to earn money online from home you must first decide how you are going to promote your service or product(s). If you are new to promoting online you will need training and support. This is where the Internet Income University excels. They even give you a free website that is working in 24 hours; all you need to do is pay for your website to get hosted. What makes them special is that membership is completely free, you get free training and support to help you earn money online from home. You also get 14 quality video lessons that cover things like You Tube promotion, Pay Per Click, Banner Ads and Article Writing and if you want you a free website the option is available. Promoting Your Business Using Article Writing The fourth training module covers article writing and keyword generation and how to place yourself at the top of the search engines by writing quality articles using keywords. This video alone is worth signing up for the free membership. A good quality article may require anywhere from 30 minutes to one hour to write, and it is this marketing method to earn money online from home.

Article writing is the most efficient way to promote your business and it is totally free if you do it yourself, you can pay other people to do this for you, but once you get the knack you can write ab article a day and get traffic to your website. Each article should relate to your website and have a word count of at least 400 words. By supplying a quality and informative article you give the reader some useful advice and get yourself visitors to your website.

Summary

If you want to make money online from home, with the right support, training and mentorship you will succeed. Once you have your business the next challenge is promotion, and with an online business article writing is free if you do it yourself. So make a decision and start your online business from home and invest one hour a day and see if you have what it takes for success to start and promote your own online business, giving you the extra income or financial freedom that you are looking to earn money online from home.

8 Questions Every Entrepreneur Should Answer Before Writing An Online Business Plan

Whether you are writing your ideas and goals on a napkin at the corner cafe or hiring a professional writer to put your thoughts to paper, your online business plan is the lifeline to any entrepreneur’s success when leveraging the internet to promote and market your products and services. While business plans come in all shapes, sizes and formats the core elements should be the same. So make sure your online business plan is up to par by asking yourself these key questions. It can mean the difference between a successful home business and a failing one.

Key Questions Every Entrepreneur Should Ask When Writing An Online Business Plan

#1 Do you have what people want? What value do you have that people will be willing to pay for… is it a product, service, skill? You can have what YOU think is the brightest idea, but if no one if buying or no one needs what you’re selling, then you are out of luck. One of the main goals of your online business plan is to define what problems and challenges your target market needs and solve their problems with the knowledge and expertise your posses. This will help you outline the unique features and benefits of your product or service. Make sure you have them written out and use them as a reference when developing your sales and marketing materials.

Always remember this: If you are not solving problems you are not making money.

#2 What, who, and where is your target market? I know I know, this is more like three questions in one, but before you get to marketing your product to any and everyone, know your niche… health and wellness, internet marketing, social media, wine, motivational speaking, custom invitations, video marketing, etc. Next know who you are targeting… athletes, small business owners, corporations, the rich, the poor, college students, stay at home moms… I think you get my point here. Lastly, know where your target market hangs out both online and offline. For example does your ideal customer frequent the gym, the internet, Facebook, day cares, or church functions, small business seminars.

By answering these 3 questions you will define what your ideal customer looks like… what we like to call your AVATAR. Only when you have a crystal clear idea on who you are selling to and where you can find them can you focus the right time and energy into the most effective and profitable marketing and lead generation strategies.

#3 Who’s your competition? Unless you have invented a product that has never been seen before you will always have competition… and even if your novel invention is a first to market… if it’s a goldmine, the competition is not too far behind. You will always be competing with someone else. Other business owners, other marketers, other distributors, other entrepreneurs within your niche.

Once you know the other players in the game you can adjust your marketing plan and brand to be a cut-above the rest. If there is nothing unique about your offerings, mo perceived added value a customer gets from joining or buying from you, or if you are priced too high over your competition who is providing comparable products and services, then you’ll lose every time.

#4 What’s your intention statement? What the heck is an intention statement. Your intention statement is the core of your success map will communicate what you are trying to do and how you plan to do it. It can be one sentence or as long as a couple of paragraphs but keep it concise and to the point. The shorter, the better.

#5 What is your personal promise to your customers and business partners? Start with “I promise to… ” Offer a gourmet coffee experience at a decent price? Provide step by step tutorials on building a brand from home? This is something you have to know. I promise to provide online marketers cutting-edge access to the most effective Facebook marketing strategies.

#6 What are my greatest challenges or obstacles? Identify what might keep you from being successful. Inferior resources, limited knowledge, lack of strategic partnerships, fear, the wrong attitude (yes your mindset if the greatest obstacle of them all). It’s important to identify these things, so that you can come up with solutions. The better PROBLEM SOLVER you become the better plan of action you will have for dealing with these road blocks.

#7 What are your marketing and sales plans? Develop a plan that will maximize your business exposure, help you generate targeted leads and then convert those leads into buying customers. Will you market online, using social media, Facebook, billboards, trade shows, at local meet ups. Do you have an elevator pitch (can you quickly tell someone what you do in 15 seconds or less) and create value while doing so? What are the price points for your products and services? Also, what are your sales goals?

#8 Do you need a staff or external support? While most of us are solo-entrepreneurs or small business owners, ask yourself can you achieve your marketing and sales goals by doing everything on your own? There may be some tasks you do not know how to do or even want to do yourself. If this is the case, you must account for future employees, the possibility of outsourcing or investing in learning the skills you need to run your ship if paying others is not an option.

The better prepared you are as an entrepreneur, whether you run a home based business or small retail shop, you must have a success map that will guide you along the way. The worst feeling you can have as an entrepreneur is to have your visions and dreams collapse because you failed to plan!

Best Business Rescue Tips That Will Jumpstart Your Company Right On Track!

Due to unstable economic changes, you can see dozens of businesses closing down their doors as they succumb to financial pressure and distress. So if you’re experiencing the same dilemma too, how can you rectify and innovate your marketing plan and strategy and achieve a successful business rescue? Well, look no further as here are easy tips to help your company hunker down and weather the storm in these tough times!

Business Rescue Tip No. 1: Conduct a comprehensive inventory of all your assets

Equipment, supplies, land and buildings are considered your assets and it is important to do a complete and comprehensive inventory so that you can easily identify if you’re putting them to good use. This is mainly why most businesses fail is that they don’t fully maximize the resources available. For example, you have unused space in your building so why not try sub-leasing it to another company to generate more income? Also, if you have surplus supplies on hand, why not sell them off so that you can obtain more stocks that have better sales conversions? Some assets may just be in plain sight and all you need to do is determine what they are and reinvent them so that they can be more marketable.

Business Rescue Tip No.2: Improve Company Visibility To Attract More Customers

Formulating a good advertising strategy can help improve company visibility. And with better visibility, you can attract more customers to come to you. You can do this by talking to local media, doing product launches, advertising via social online channels or creating websites where you can provide news and other updates of the services and products offered by your company.

Business Rescue Tip No.3: Increase Sales

First of all, you need to identify what products and services that have high sales conversions and try recreating a strategy that would increase it even more. So try packaging two or more products that would highly complement each other and offer a marked down price as compared to buying each of them singularly. Often, people are pretty keen in getting a good bargain so it would be highly effective if you offer bulk discounts to make it even more appealing for your customers.

Business Rescue Tip No.4: Know What Your Market Wants

If you’re selling the wrong type of products and services then it’s very difficult to gain any type of profit. Plus, it can be very costly in maintaining or storing them. So why not concentrate the mindshare and the resources used on other types of products and services that sell easily. Hence, it is important that you should have a particular market in mind of whom you wish to target. Once you’ve decided on that, the next step is to find out what they want. So send out emails, post polls via social media or do surveys to get consumer feedback on what they like or don’t like. In that way, you can easily determine what are the things that you should focus and invest on.

Business Rescue Tip No.5: Strategize Pricing Scheme Appropriately

This is a particularly important business rescue tip since how you price your products and services can make or break the overall success of your company. Make sure that the amount of money that your customers spend for the commodities offered is in par with degree of quality that should come in return. Often, many businesses go downhill because they do not give their customers their value for their money. Hence, if you’re going to do price increases be sure that you’re able to justify it. If not, your customers would be dissuaded and would have a tendency to look for other options with your competitors.