Are you struggling how to recognise a reputable online home based business? when I started on the internet 4 years ago I hadn?t the faintest idea what to look for I knew that owning an internet business was the future and I admit I have made mistakes and wasted a lot of money ? it?s a minefield out there However, these mistakes made me understand what I should be looking for and the frustrations did not deter me. So I set about making a list of all things that were missing from my past business ventures online to help me and others what they should be looking for in finding a professional, legitimate and rock solid business online. I wasn?t looking for a Get Rich quick Scheme I wanted to be in business for the long haul. I hope these will help you in your search as they helped me and 12 months down the line I am now enjoying not only a growing income but one that gives me personal satisfaction ? the opportunity to make a lot of money if I wish- it?s up to me what I want
Firstly I would exercise my Due Diligence. You must research the company I cannot express enough on this ? GOOGLE them. Who are the people behind it and what kind of management structure do they have. do your research on the people in management, do these people have a soul. are they giving back to those less well informed and unfortunate, do they support charities and show a genuine concern. These are the companies who are in it for the long haul they are not just in it for themselves and want to leave the world a better place. this is imperative in obtaining a feelgood factor that you have found the right reputable online home based business and genuine company.
The next thing of course is the Product. after the influx of weight loss programmes, lotions, potions, vitamins..these products have now saturated the market and whilst you can be successful with many MLM companies some still advocate selling to friends, neighbours and family which can be uncomfortable. In addition many online and offline affiliates work hard marketing products which yield very low commissions.
Its imperative to find a Niche Product that has not a lot of competitors has great appeal and people want or need, that the product will not go out of fashion and has global reach, as with many tangible products there are so many difficulties importing/exporting to other countries this will limit your market therefore there is no room for expanding your business. Particularly in the new growth areas such as the UK, Asia and India.
Its vital that a 24/7 Support Network is available with live help with the business set up, full coaching which is totally up to date of all new compliances and regulations on marketing on the internet, a easily contacted mentor, live conference calls, webinars and a forum, in order that you are ahead of the game, the interaction will keep you focussed and not left out in the cold. So you are not left all alone tearing your hair out searching on the internet for days, weeks to find the answers, the 24/7 support network experts are on hand to solve that problem immediately.
Marketing, Marketing, Marketing need I say anymore unless you show your product to the maximum level and to the maximum capacity of potential buyers it is inconsequential what your product is. unless you have an Online Marketing system again which keeps up to date with the latest online marketing tools and resources which in are in line with any new compliances and regulations. In other words a forward thinking company. this is the only way you are going to sell your products and make any money. So lets look at the options for example a company is offering to teach you their online marketing methods you must say to yourself would you respond to their adverts and would you buy from them. do they offer Branding Development, Web 2.0 Marketing, Social Media Marketing, Twitter, YouTube, Facebook, MySpace, LinkedIn and more. SEO, Organic and Sponsored Listings (PPC)..Its important here to establish that you are in control of each marketing method that you are able to track your sales, where they are coming from for example Twitter, Google?you must have your own personalised tracking embedded into whatever method of marketing you are using, so you know you will be paid.
In addition are there follow up autoresponder emails, a friendly call centre readily available to help or make sales, these are essential services which not only present your business in a professional manner these services are indicative of a highly organised and reputable company to be dealing with and also help to speed up making contact with a potential sale but more importantly you feel more comfortable in striking a relationship with a caller who may wish do business with you in the future as the time may not be right for them at the moment, however they will remember you as a personable, genuine person who is available to offer options and work out a personal business plan for them. Is there help in finding a merchant account perhaps template sites to get you going before self branding. Can I start with very little capital in other words are there options available to me so if I had little capital to invest I could still have the opportunity to work my way up ? without resolving to hard sell to friends and family, for me this a strong key factor in looking for a reputable online home based business.
The Compensation plan or Commission plan, how much money will I be paid. a rule of thumb here is if you do not understand the compensation plan and it is confusing. do Not Join Them
If the compensation/commission plan is not paid direct to you in other words you must receive the purchase price which of course includes your commission. So you do not have to wait for your commission you merely send to the product owner their product fee, so you already have your commission. I would only consider minimum commissions of 500. more importantly having access to an achievable residual income, so once you have established your business you can enjoy in life what you enjoy doing or want to do.
So in short I would say there would be seven key points to consider before choosing a reputable online home based business:
1. Due your due diligence on the company being ROCK SOLID
5. 24/7 Support Network
6. Get Paid Today Compensation Plan/Commission plan min of 500 and Achievable Residual Income
7. does the Company give back to the Community/Support charities
How to Recognise a Reputable Online Home Based Internet Business
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