Now a day,pretty much everyone is talking to embark on a business venture one way or the other to attain financial security.But the very first question stares you in the face is to start from where,what,how and when.In this article, I will explain a few avenues and the hardles,you going to face in the persuing your online dream.Starting an online business is neither a piece of cake nor a rocket science. It requires,like any conventional business,well thought idea,a proper business plan, a shere determination,and willingness to work hard.It will take time to come into a presentable shape and form,hence a total dedication and commitment required. there are few example of online business types or the model,who the fit for your purpose.E-commerceThe prime example of this kind of business is setting up an online store on platform i.e shopify.Online store is the digital form of a physical store,who sells certain merchantizes or products.Online store can operate like a Physical store,where customers pay a visit and do their shoping and take their items,means you take payments. Similarily,in cyber space,when someone visit your online store and buy a product,you do the shipment from your own stock.This way you can make sure the quality,match the exact required product and get delivere as promised.This is a very much seemless and smooth process,but the drawback is you have to have the product stored and ready to be delivered,which required a great deal of investment and a storage facility.DropshipingDropshiping is where visitors,visit your online store,make a purchase,and a third party on your behalf made the product delivered direct to the customers,from their storage.You don’t buy the stock,hence no storage space required for your business operation. The worst drawback in this model is,you can’t control the quality,exact match of the product and a prompt delivary.Affiliate MarketingIn this type of online business model,you actually sell,someone else products or services and earn a very generous commission.You don’t have to deal with any of after sale inquery,but you have to market the products or services yourself and have to bear all the cost involve.You do need a proper marketing strategy to lauch your product,otherwise,it can hit pretty badly in the pocket. Affiliate marketeer use different models or ways to promote the products or services to achieve sales,few of them are mention underneathAffiliate LinkMost of the affiliate marketing newbies,they just go to the affiliate market Places like Clickbank, and grab a link or two and smoothers it all over the internet,in hope of making some sales in return of some commission. It is a very flawed method and seldom produce a profitable results.Sale FunnelsFunnels are basically a series of few pages,from two to several,where the visitors are chanells through a desired path to the check out pages,if you struck lucky and made a sale,you earned some commission. The funnel mode,definately is better way than the splashing affiliat links everywhere.This system has the major drawback is its very shortlived,you have to do it all over again and again to get some results,and the you have to bear the cost as well,evey single time you launch a marketing compaign.Hub Affiliate ModelIn this model you use the funnel to bring the traffic to your landing page,where you acquire their basic info and store it to build your own list. The opt-ins go to the check out page and finalized their purchase and earn you well deserved commission. Those who don’t make any sale,but you manage to get their attention enough to bring them to your world(hub) and you have their details,so you can retarget them on a fraction of intial cost to bring them in, in first place.Hence,My verdict is Affiliate Marketing is far more better option to explore your potential in digital or cyber space and fulfill your dream of freedom and financial security via an online venture.If you are interested to explore Affiliated Business System,click the link on this page,where you can learn a lot in depth about this hub centric Affiliate Business System,free of charge.aassy11Jun 17, 2024UncategorizedLeave a commentWrite a comment...