Economic times are tough. Your credit card debt is taking you forever to pay off. You’re worried about job security. Your mortgage is high. Your bills are endless. You feel like you can never get ahead when you’re barely getting by. You need another source of income, but between your full-time job, family and other commitments, you just don’t have the time. The answer: start a home-based business.
Welcome to the Internet. If you want to get out of debt, get ahead and create a secondary source of income for your family, the best way to do this is to start thinking out of the box and start thinking online. There are a number of ways to make money through the Internet, here are just a few:
Multi-Level Marketing (MLM): this is also known as Network Marketing. This is a form of marketing that compensates sellers for both the product they sell and the sales from people they have directed to the company. Those involved with MLM are usually rewarded on a commission basis, through a trickle- down effect: a customer base is expanded through MLM, whereby each marketer is granted a commission as the network expands. Successful MLM results in a number of people receiving royalties from the sales of one person. Successful MLM utilizes social networking mediums such as Facebook, LinkedIn and Twitter.
Direct Sales Marketing: this is a form of marketing, usually unsolicited, which involves the seller directly sending messages to the consumer (through emails, phone calls, etc.). The consumer directly responds to the seller, such as by calling a toll-free number or going to a website. This is also referred to as direct response marketing, and it’s more personal than some other forms of marketing. Some online channels of Direct Sales Marketing include: email, Internet banner ads and pay-per-click ads.
Affiliate Marketing: this is a form not too dissimilar from MLM, but focuses less on building networks and more on driving traffic to websites. Affiliates make money from their marketing efforts for the visitors and/or customers (traffic) brought to various websites. Some common channels for Affiliate Marketing include: search engine optimization (SEO), email marketing and paid search engine marketing. This concept of revenue sharing is becoming increasing popular among Internet marketers.
These are only a few ways to tap into the world of Internet marketing. The best way to start making a solid secondary income is to begin a home-based online business – be it selling products for a company, building networks, selling advertising space on your own website or being paid to drive traffic to various websites. There are so many ways to tap into the online marketing world from the comforts of your own home. Join thousands of others just like you who have reaped the benefits of having a home-based business.
Paul Birdsall teaches online marketing through his FREE 7 Day Online Success Boot Camp. You can learn more about Paul and take his online boot camp here: http://www.7DayOnlineBootCamp.com
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