Chitika

Friday, January 15, 2010

Is is Really Possible to Make Money From Home Using the Internet?

There are numerous methods such as surveys, affiliate marketing, or even running your own online store. There are also millions (am I really exaggerating) of get rich quick schemes advertised online too. When it comes right down to it, you can make money online from your home. But the catch is: it takes time, effort, and energy; as do all things worthwhile.
An online business is just like any brick and mortar business. You must provide some goods or services in return for compensation. But with the internet, your business is not limited to your neighborhood, city, or even country. Your market place is the world and all the consumers around the world. You still need to find your target market, but it is hugely expanded with the internet.
So how do you take advantage of this world wide marketplace we call cyberspace? Ah, that is the question. First you have to think like an entrepreneur. You have to decide what is your product or service. What is your brand? What makes you better than your competition, etc.
One of the fastest growing industries online is Network Marketing, also know as MLM (multi-level marketing). This industry has been around for decades and is now being studied in business schools. It is based on word of mouth advertising. You tell the people you know, they tell the people they know, and so on. Many network marketing companies have reached Fortune 500 status. It is a very effective and extremely profitable.
It is almost like buying a franchise in a large corporation because you become the CEO of your own business, but you don't have to pay hundreds of thousands of dollars to start. Most legitimate and successful companies have low sign up fees. Then your sponsor trains and supports you to be successful and you sponsor others and help them achieve the same success. It is brilliant!
This industry combined with the power of the internet is exploding. You have many different types of companies to choose which goods or services you want to promote. Then you have the online tools to market anywhere your company does business.
Network Marketers and every other business in the universe, realize that the present and future of advertising, is the multi-media marketplace. This fact has created a new industry of online marketing because it is new to many and constantly changing as all technology changes rapidly. Therefore, the answer is a resounding YES, you can make money from home using the internet. The age old question is what business are you in? The dilemma now is, how will your business participate in the growing and limitless expanse of the internet?

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