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5 Hot Internet Businesses For 2005Nowshade Kabir If you are planning to start a new business in 2005, you should seriously consider one of the many Internet based businesses available today. The online businesses have numerous inherent advantages in comparison to their brick and mortar counterparts. Investment is relatively small The basic elements to start an online business are the followings: a good product or service, an online presence, and a good marketing plan. All these things can be done on a shoe-string budget. You won’t require more than US$ 2000 to start any of the business described below. In most of the cases, the investment can be even lower. Quick to launch Once you know, what products or services you are going to sell, you can, basically, start your business within three to four weeks. Some of the online businesses don’t even take more than two to three days to start. Large audience Internet is big and it’s getting bigger! Whatever business you prefer to start, Internet allows you to tap instantly into a huge number of potential customers, which is, virtually, impossible to do with a brick and mortar enterprise. Huge growth potential With the Internet, sky is the limit! If you have a good product, service or idea, you can create a dot com behemoth over night! Smart guys are doing this! Internet success examples are abound. Work from home The best thing about online business is you can take care of it even while you are on vacation. No office is necessary; you work from home, if that is what you prefer. Less paper work Since starting for your quotation and purchase orders to the invoices and shipment tracking, everything is done online; you hardly have to do any paper work. Check out an example of how easy it is to manage your business processes online at http://www.rusbiz.com/deal_manage.html Flexible time schedule No longer have you had to work nine to five! You set your own schedules. Although, with any new business, initially, you have to work very hard, however, the time flexibility allows you to do other important things whenever it’s necessary. There is no limit to Internet business ideas. Savvy entrepreneurs are constantly coming up with mind-boggling online projects and striking rich in no time. Here I have chosen several of the online businesses with great upward potential with proven success history. Selling information If you are asked, what do you do on the Internet most of the time The answer, most probably, will be searching or retrieving information. You are not alone! A survey conducted by Neilsen Media Research shows that Books and Information Category tops the highest selling product and service on the Internet with a significant margin in comparison to other categories. This makes information a natural product for sale on the Internet. Information sells online in the formats of e-books, articles, reports, data, whitepapers etc. If you have expertise in any specific field, you may consider selling your ideas in one of the mentioned format. Check out Clickbank’s marketplace to get a good idea what people are selling. You will be truly amazed by the scope of ideas! Resources Travel agency According to Jupitar Research the U.S. online travel market has grown at a fast pace over the last year, totaling $54 billion in 2004, or 23% of travel purchased. The online market is projected to grow to $91 billion in 2009, or 33% of travel purchased. Apart from being a soaring market, travel agency is also highly rewarding and satisfactory business. The interesting thing about this business is your own network of acquaintances is also your potential customers. The success of this business will depend on your target market and product that you are going to sell. Choose a very niche product and focus on a specific market segment. For example: Red Sea Rivera of Egypt is increasingly becoming a primer destination for many sun worshippers. Try working with several of the hotels from this area. Create package deals and offer to European customers. Resources
eBay store eBay has grown into the largest online marketplace in the world. Entrepreneurs are taking advantage of this. Opening a store on the eBay is fairly easy. However, the competition is stiff! There are nearly half a million stores are selling almost anything you can think off. In order to be successful you have to choose your products very carefully. The best selling items on the auction marketplace are collectibles, books, computer software and hardware, clothing, home and garden supplies, business supplies, wholesale lots, DVDs, special events tickets and even cars and real estates. If you don’t have your own products or you don’t want to physically handle a product, you can consider selling drop-ship items. The main reason why you should mull over selling your products through eBay is the sheer number of visitors eBay gets. By no means, an average website can bring you so many customers. If you find difficulties doing the auction sales yourself, you can also concentrate on seeking out products and selling them through eBay drop off stores. You can also come up with your own drop off store. Resources
Web service firm Services required by the Internet users and online businesses are increasing enormously. The Internet service industry is evolving so fast that for their various requirements, many companies, today, prefer outsourcing as oppose to doing things by hiring employees. Large and small companies started to realize that it’s more cost-effective and time-saving to outsource sophisticated business related services, which are not their core business. This has created a flourishing industry, part of which did not even exist several years ago. To be successful in this market you have to know what’s the odds are. A rush to provide complex solutions of vast range that fail to provide benefits at reasonable costs for businesses will sure take you out of business very fast. The services that you can provide may include:
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Export Import Business Thanks to the Internet, getting into import export business has never been easier. As the nations are accumulating wealth, their demand for foreign made products is also swelling. You can be a part of this action too! Whether you are planning to import or export, Internet resources can be of great help too you. The trade leads site, B2B exchanges and various marketplaces have made sourcing and selling products and services globally simple, effective and inexpensive. You can also create your web store with many of the B2B exchanges and run your business processes solely online. Resources
| | | | RELATED ARTICLES Federal Loans, Grants and Assistance Investing in real estate for personal or commercial purposes will always be big business in the United States, and you now have the governments backing at your fingertips. OPM - The Art Of Leveraging Equity lender, hard money lender, private investor or what ever term one uses can be a great source of funds to do real estate transactions and the question of how to find them comes up often! Paralysis By Analysis Every day we get emails and telephone calls from people who want to get started in Real Estate. We hear, I am just checking out your program. Or, I’ve been researching for the past six months to try and find a program. While researching and checking out programs is an important step, so many of these individuals never follow through to the next step, which is getting started and moving forward. Online Classifieds Choosing a Classified Website and creating your advertisements. Finding and Managing Quality Reciprocal Links: A Tutorial for The Newbie All of us want to increase traffic to our web sites. It helps our search engine rankings, and is a very cost-effective way to provide us with potential new customers. One of the best, and certainly least expensive, ways to do that is by exchanging links with sites similar to our own, or that contain content our own visitors are likely to find interesting and useful. It is important to restrict our exchanges to such sites because if we indiscriminately exchange with everybody and anybody we become what is known as a “link farm” and wind up being banned by the search engines. No one wants to be banned by the search engines, so this article will discuss how to find relevant sites with whom to exchange links, and how to keep track of them after you have exchanged the links. Even though there are software programs that will do most if not all of this for you, they have various flaws and inadequacies. If you are one of those people who prefer the personal touch, this article is for you! 5 Simple Steps:Earn an EASY ROTH-IRA Million!!! So, you wanna earn a million dollars, super-duper easy How would you like the federal government to give you a big, huge tax break Wouldn’t it feel deliciously good to earn a Million Dollars of income, completely tax free How would you like to earn a million dollars of income passively, quietly, without lifting a finger Well, put your seatbelts on, folks, because in a brief nutshell, I’m going to introduce you to the financial vehicle that you’ve been looking for! Welcome to the wonderful world of investing through a ROTH IRA in 5 simple steps: Engage the Power of the Internet to Find Your Perfect Home Finding the perfect home is always a challenge. Its easy to be overwhelmed by the number of choices and all the time required. But the challenges have gotten much easier for buyers who use My Buying Buddy®. Its a system that permits "virtual tire kicking" of homes listed by the Multiple Listing Service MLS. How To Boost Affiliate Profits Using Secret Domain Tricks Want to increase your affiliate link click-through rates and profits Ethics in Business... A Lost Art While watching Face the Nation one Sunday earlier this year, Bob Schiffer discussed the airline industry, his mother and ethics in business. Like Bob, I think it is a sad commentary today, that we have to police businesses. Whatever happened to going into business to provide a needed service, being loyal to employees, and keeping promises. Do I Need Raised Letter or Full Color Business Cards If youve been searching around for business cards that will best represent the image you want to portray for your business, then youve no doubt encountered many options. The Big Two, as I like to think of them, are "Raised Letter" and "Full Color." Dont Overpay for a House, Even in Todays Market If theres one thing American investors love, its an over-inflated market.Which is why they keep buying houses and new ones keep coming onto the market.According to the latest data, housing starts rose an annualized 3.4% in September, matching a 17-year high.Whoo-ha!Go, baby go. Timing Is Everything When It Comes To Buying Homes The old adage that “timing is everything” especially applies to buying a new home.And trying to be at the right house at the right time and get it for the right price can be tricky.Here are some guidelines to assist you: What To Expect In Closing Costs On A Home Purchase Many are taking advantage of this year’s low mortgage rates to purchase a home. Pent up with excitement, many families, who have scrimped and saved for a down-payment, jump for joy when the mortgage lender finally approves their application.But, they should realize that there’s a whole new set of expenses that must be covered before actually closing on the sale. Organizing Your Day One of the hardest things for most individuals working from home is to stay focused. One of the best ways to stay focused is organization. In addition, being organized will help your time management skills. The two are very much intertwined. 13 Steps to Increasing Your Link Luck Link development can be an absolute nightmare. It takes up most of a marketer’s time and the yield isn’t always what we originally hoped. Worrying about PR, one way inbound links, triangle linking, where to find quality sites to exchange with, it’s all just a huge headache. To be honest, there’s no real way to wash your hands of it, unless you have a huge budget for purchasing text links or to hire someone to do your linking for you. So here are 13 ways to increase your linking luck. They require a little bit of effort, but executed properly, these steps will only bring your site success. How Do You Profit From O.P.P. In a previous article we introduced you to the concept of O.P.P., or Other Peoples Property, and the many ways in which you can profit. How to Prepare Yourself for Owning a Dual Purpose Second Home If you are thinking about buying a second home, you are not alone.A 1995 survey by the American Resort Development Association found that 60 percent of households surveyed feel they have a likely chance of purchasing a recreational property in the next ten years, a figure that rose 30% from the survey in 1990.The average age for the majority of vacation home buyers ranges from 40-50 years old.Qualifying as the baby boomer generation, this group of second home buyers consists of 80.5 million people out of the U.S. population of more than 260 million.Demand for vacation homes is rising as a result of consumers’ increasing desire to capitalize on low interest rates, low unemployment rates and a strong real estate market offering many viable second home options. Why Its Important to Get Pre-Approved Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home. Buying New Construction...How Do I Begin The prospect of shopping for a new construction residence can be quite daunting, but the rewards of owning a brand new home out-weight the disadvantages if you know the potential pitfalls. The following are important considerations: Overall Dollar Budget, Location, Cost Per Square Foot, Finishes, Upgrades, Parking and Delivery Date. Optimizing for Visitors not Search Engines Most people feel that optimizing is to target the search engines alone. In my opinion, this is not the only case. Optimization requires a balance of traffic enhancements and a user friendly atmosphere that provides clear navigation. Most will agree it would be much better to have people accept offerings from a Site, rather than masses of people who do nothing. Here are some general tips and thought to make pages user-friendly. |
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