| For most of us, making more money for a dreamed | | | | major types of products you can start to sell on the |
| lifestyle is rather difficult if not impossible, barring a | | | | Internet: |
| major career change. So it is a good idea to open our | | | | 1) Signing up Affiliate Programs to earn commission |
| eyes to look at ways outside of our nine to five | | | | 2) Buy Resale Rights from others |
| routine jobs. | | | | 3) Creating your own products |
| As a medical graduate, I have never imagined myself | | | | The second component is the Website, acting as your |
| sitting in O2 Arena with over 7,000 people, attending | | | | online shop. There are three elements required for |
| Andrew Reynolds's Entrepreneur Bootcamp to learn | | | | every website: |
| Internet business. This event, however, opened my | | | | 1) Register a domain name, host it with a reliable |
| eyes completely. | | | | webhosting service to make sure your online shop |
| The fact is that there is over 1.5 billion Internet users, on | | | | 'open' 24hours a day and 7 days a week. |
| every 1.6 seconds, someone new logs onto the | | | | 2) Write a powerful salescopy serving as your |
| Internet, to shop, to find information, to communicate, | | | | 'salesman' to sell your products. |
| and to looking for businesses. Internet has become the | | | | 3) Open a PayPal or a ClickBank account to accept |
| biggest market place and the most powerful media | | | | payment online. |
| which reaches millions of people instantly. The Internet | | | | And the thirdly, you need to have Traffic, which is the |
| is now the most profitable business with over 200 | | | | blood stream of your online business. There are three |
| billion sales last year according to Forrester Research. | | | | major traffic generation techniques: |
| It's a no risk and low cost instant business for | | | | 1) Search Engine. Start with paid traffic, such as |
| everyone. | | | | Pay-Per-Click advertising to generate immediate traffic |
| Unlike changing a career, starting an Internet business is | | | | or go for Search Engine Optimization to get your |
| much easier than we think, even though you have no | | | | website listed high on Google; |
| prior knowledge and experience whatsoever. All you | | | | 2) Affiliate Program or Joint Venture to borrow traffic |
| need to know is how it works and how it makes | | | | from others. |
| money for you. | | | | 3) Viral Marketing, the most powerful traffic generating |
| There are three key components constitute of every | | | | technique. |
| Internet business, which are: | | | | Although the above classic formula sounds simple, for |
| 1. Product | | | | a newbie, a complete stranger and a new beginner |
| 2. Website | | | | with no previous knowledge and experience, it still |
| 3. Traffic | | | | takes time to learn how to put it all together. |
| First, you need to have a valued Product to sell. Three | | | | |