Showing posts with label Based. Show all posts
Showing posts with label Based. Show all posts

Wednesday, July 24, 2013

MLM Home Based Businesses


MLM home based businesses, also called multi-level marketing and commonly compared to popular affiliate programs, are Internet businesses that can be used by individuals to generate income. An MLM home business is a great way for individuals to take part in a business that sells both goods and services to consumers. There are a variety of needs that multi-level marketing services can meet through these services. Taking part in MLM businesses is easy to do with the many different companies and retail organizations that offer this type of business for individuals to invest in. The most important part of becoming involved with an multi-level marketing home business is teaching investors the foundation and fundamentals. To help with this learning process, many companies have created software, websites, and other programs to assist individuals in beginning a career in network marketing on the Internet. This information can put people on the fast track to business success. There are many different goods and services that can be used with a home business. Many of these home based businesses are founded to provide opportunities for individuals who want to work, but want to do so at their own pace or schedule. Cosmetics, home decorations, storage containers, and a variety of other products are often sold in this type of company or arrangement. Other products that people may equate with MLM include clothing and other household products. Services that can be found through multi-level marketing often will include cleaning services or other similar things. These home businesses provide many great products and services that individuals can purchase from trusted friends and relatives.

Many popular businesses and companies have been founded through the form of an MLM home business. Cosmetic companies are often very popular in this style of home based businesses. Many individuals enjoy the convenience of shopping through a company where they can try the products out before making a purchase. This also gives individuals more comfort in making large or more expensive purchases because they have experience with the product before spending the money. Several companies founded in this format have become quite successful and popular because of the format more than anything else. They have the ability to attend a party with demonstrations of products and services. There is usually a hands-on portion of the demonstration where products can be tested by the individuals, allowing them to get answers to all questions before even thinking about purchasing the products. Many of the individuals who are in network marketing also have websites where products or services can be purchased, if a party or organized demonstration is not convenient.


For someone interested in taking part in MLM home based businesses, finding information can be done in a variety of ways. One of the easiest and best ways to get current, up-to-date, and accurate information is to seek help from someone involved in multi-level marketing. Many individuals have family members or friends who are into some form of this business. There are many cosmetic companies that work this way, with representatives present all over the country. If a family member or friend is not available, contact a local individual. Almost everyone will know of someone who can be of help in this situation. Websites on home businesses can also be found. They often provide information on the founding of the company and popular answers to the questions that people may be curious about. If the company does not have a website or the answers are not available, many other websites on the subject and company can often be found through a search engine. Individual consultants or distributors for the company may also have personal websites that will offer information on the company and the individuals experience with the organization.


MLM home based businesses can provide many great opportunities for individuals who are interested in beginning a home based business. There are many products and services that can be sold or distributed through a multi-level marketing business. As individuals seek information and become interested in taking part in this type of business, they will find many companies that work in this manner. Many cosmetics, storage containers, and home decorations are sold through these types of home based businesses. Finding information on a home business can be completed through many different resources. Seeking help from a family member relative, company website, or search engine can be a great way to understand more about a particular network marketing company or the structure behind this type of organization. It is very important for an individual to be aware of the company or organization that they are getting involved with. Most companies require a start-up cost to become part of the organization. While most companies are honest and real, some people may create false companies and information to get people to invest money in nothing. Usually, when this happens, the individual disappears with the money and the person has lost whatever they have invested. "And that we may be delivered from unreasonable and wicked men: for all men have not faith. But the Lord is faithful, who shall stablish you, and keep you from evil." (2 Thessalonians 3:2-3)


 

Mlm Home Based Business


When considering a MLM home based business, a number of questions cross the potential participant's mind. An individual may wonder if the program is a legitimate business offer or just some type of fraud. How much will it cost to begin this endeavor, and will people continue to be interested in the product? Once the initial round of offering the product or service to family and friends has been exhausted, is there a market for these products? Or, as countless other people have unfortunately experienced, will this program wind up costing the person far more money than it provides? These legitimate questions deserve to be answered before investing time or money in a MLM home based business. Take a look at how a MLM home based business works. Although there is not just one way to run such a business, these ventures usually have some common features. The participant, who may be called a variety of titles (distributor, affiliate, partner, etc) agrees to represent a company and its products or services. In return, commissions are earned on the sale of the products. Bonuses or further discounts may be offered as an incentive to recruit other representatives. Additional commissions may also be earned on sales made by distributors who were recruited. (Hence the 'multi-level' aspect of these businesses.) No additional salaries are given except that which can be obtained through the two avenues of developing a large customer base or obtaining percentages of sales resulting from the endeavors of recruits.

No doubt certain familiar organizations which operate through the model of a MLM home based business can be easily recalled: Amway, Avon,...the list goes on. These types of businesses can be found in every part of the United States and in many other countries and many are legitimate. However, there are always unscrupulous individuals who seek to take advantage of another person's inexperience or vulnerability. Often people seeking to supplement their income through a MLM home based business are in need of funds and may be unaware that schemers are poised to take even more of their hard-earned cash.


There can be some difficulty in distinguishing between a legitimate business and illegal substitutes such as a pyramid or Ponzi scheme. A pyramid scheme may claim to be a MLM home based business, but there is one important difference. In a pyramid scheme, the victim is paid primarily for the amount of recruits he can assemble. New recruits may be asked to pay for training materials, or may be required to buy a substantial amount of 'starting inventory' of their own. Thus earnings are not based upon sales made to individual customers so much as on expanding the base of recruits.


On the other hand, MLM home based businesses generally follow a '70% rule', which stipulates that members must sell 70% of their previous inventory before purchasing more. This keeps members from buying products solely to qualify for bonuses or additional discounts on future purchases. However, this is not a hard and fast rule. At times, even personal purchases can go towards qualifying one for these bonuses. A pyramid scheme can still be distinguished by the fact that it involves exchanging money for enrolling others into the program, without a tangible product or service being offered. Participants are required to purchase a product which costs the company little or nothing to produce, such as an ebook or the right to sell certain information to others. Usually, the person makes one significant purchase, and is promised incredible benefits. Fake or misleading information and testimonials are often part of the presentation. Each sale brings a fee to the original seller. Money travels up the chain, and the system usually only benefits the originator and possibly a few other 'higher-ups' before it collapses. This happens because, as the scheme progresses, it takes more and more people to sustain the effort. One person needs to recruit two people. Those two need to recruit two more each. Then, those four recruit their own two, and by that time, the original manager can reap a significant reward. However, the system may stall as additional people are unable to be found, or the amount of individuals required to sustain the effort makes it likely that law enforcement officers are notified.


Ponzi schemes work in essentially the same way. Often, instead of a product, incredible interest rates are promised on certain 'investments'. Early payouts at unbelieveable interest rates encourage the victim to invest even more money and to recruit others into the program. However, often no actual investments have ever been made. Further complications result when greedy managers use false names to fill out the charts and thus end up pocketing even more of the 'investments' without ever actually contributing their own money. Either money or a desirable product is offered to the one at the top of the pyramid, who receives the benefit and then leaves the structure. By filling the top positions of the chart with false names, thieves pocket most of the money or other rewards before the scheme collapses. Bottom-level participants wind up gaining nothing, and also lose their original investment.


The Federal Trade Commission offers helpful Internet articles about these matters. Read them before investing in financial schemes which seem too good to be true. The observations offered by Solomon in Proverbs 11:19-20 seem applicable here: As righteousness tendeth to life: so he that pursueth evil pursueth it to his own death. They that are of a froward heart are abomination to the Lord: but such as are upright in their way are his delight. Simple checks outlined in the articles offer tips for distinguishing between a MLM home based business and a pyramid or Ponzi scheme. Check with the Better Business Bureau to authenticate a business' history. Beware of those who rush prospects into decisions before they can consult with a spouse or lawyer, as this is a sure sign that something is not on the level.


 

Saturday, July 13, 2013

Internet Based Business

Start an Internet Based Business


How to start an internet based business - Starting an internet based business is a venture that can literally be started for pennies and turn into a million dollar operation. Before a person gets too excited about that prospect, though; the amount of work that will go into a million dollar venture will be enormous. So, let's just start with the basics. The definition of an internet based business is one in which there is no brick and mortar building. The business is primarily performed utilizing the internet. There are no traditional employees that come into the office or warehouse and clock in. As a matter of fact, there is no time clock. People get their work done on their honor. Workers are self-motivated. If they do not perform, they do not get paid. If a person underperforms, that person will get paid less. If, in fact, the person overperforms, the reverse is true. There are loads of monetary dividends for work well done.


In a traditional business model, (as opposed to an internet based business) a person would develop a product that they are certain is needed. After testing in the marketplace, they would tweak it according to feedback received from the testing process. Then, there would be a period of limited production. After a certain number of sales and adequate data has been collected, there would be a production schedule and marketing plan developed. On the web, it actually works in reverse. One would begin with the market research. After finding out what the market is looking for, a product or service would be developed. Using the right keywords in targeted content, prospective customers would directly find the products and/or services offered. It is imperative that an individual be dedicated to the sought after goal in an internet based business. Because using precise keywords will make success possible, attention to detail is critical. "When a man hath taken a new wife, he shall not go out to war, neither shall he be charged with any business: but he shall be free at home one year, and shall cheer up his wife which he hath taken." (Deuteronomy 24:5)

Sales are not the only goals for an online business. Sometimes companies are looking for leads. Perhaps the goal is to get people to complete a short information form, get individuals to sign-up for a newsletter, or have people register in an online community. Putting together the right copy is the key. Good content will include the key words and phrases people use to search the internet to find what they are looking for. Knowing what these key words and phrases are is the real challenge. There are an enormous number of tools and a great amount of information available (without charge) to help anyone who really wants to start an internet based business. Using the Google Keyword Tool a person is able to identify, not only keywords that people are searching, but related words and phrases and seasonal data, as well. And to more precisely target website traffic using search engine optimization, a person could use a product offered by both Google and MSN called SEO Book Keyword Tool. The Overture Keyword Selector Tool is a register of the key phrases that are searched in Yahoo from the previous month. These are the most popular and regularly used tools; but they are not the only ones available.

A company or individual would find out which search terms are the most popular in the field or topic area of their product or service. It takes a focused person to go far in an internet based business. Careful study of what pages are returned with these searches, will identify trends that a person could then use to begin to develop pages of content and test what keywords will bring in the traffic. Once ample traffic has been built up, then the call to action is presented. The desired action should be apparent on the content pages. A click here or a sign-up there will bring in sufficient data to make a determination about what product or service will meet the needs of the searchers; or in this case, the prospects. Using this process allows sales to be made before even having a product. The bottom line is that content is king. Content is anything that can be digested on the internet. Words, photos, video, and audio are all considered content. Ezines, newsletters, blogs, and articles are full of content. A good entrepreneur would register for subscriptions of all types of feeds using RSS (Real Simple Syndication) to stay ahead of the competition. YouTube offers video content. One could even utilize photos to display pictures of the work you do through a program called Flickr. In addition to all the tools that are available for the taking, there are many avenues of publicity. There are press release and article websites as well as follow-me tools like Twitter and FriendFeed.


If a person is determined to make a go of an internet based business, one thing is sure the world is wide open. The world-wide web is vast and awesome. Most any venture can be started for pennies. One can start spending money only after money has been made; saving literally thousands of dollars in the process. Basically, the internet levels the playing field in many ways. Since there are no buildings, employees, or offices required; the start-up costs are very low. Your time is used instead of money for payment in-kind. Each day presents a new opportunity to thrive and overcome in an internet based business.

Thursday, July 11, 2013

Home Based Mlm Business Opportunity

Why Start a Home Based MLM Business Opportunity


A home based MLM business opportunity is also commonly called network marketing. The focal point of this type of marketing is to have meetings, presentations, or parties where the products and services are presented. The prospective customer gets to feel, taste, handle, or otherwise experience the offers from the company. These people are asked to purchase or sign up to receive the company offers on a regular basis. Furthermore, these same prospects are offered the opportunity to earn extra income by making this same offer to their friends, family, and neighbors. A home based MLM business opportunity is really the majority of MLM marketing companies. MLM merely stands for multi-level marketing. It's called that because the company is built one level at a time. In a traditional business model, the company is already formed with most of the layers in place. When the company grows, perhaps additional layers are sandwiched in, but by and large the whole operation is steady and stationary. The people who hold the positions in the company may or may not move up, but often times people get raises in the positions already held by them. In a multi-level marketing model many people can hold the same title. The individual is promoted based on sales and recruitment performance as opposed to application for the next level position. Some people think of a home based MLM business opportunity as a negative business model. Yet, one of the largest and best known companies world-wide is uses a multi-level marketing model: Amway. In years past, people often thought of Amway in a negative light because of the fact that Amway representatives marketed their product line clandestinely. That is, a person would be invited to a presentation and would not know, until some time in the middle of the meeting, that they were there to hear about a multi-level marketing opportunity. Amway is now known as Quixtar. Quixtar is no longer secret. And multi-level marketing has proven itself a powerful market force. Avon and Mary Kay are women's beauty product companies that use this business model very successfully. "Thou shewest lovingkindness unto thousands, and recompensest the iniquity of the fathers into the bosom of their children after them: the Great, the Mighty God, the LORD of hosts, is his name,"(Jeremiah 32:18) The home based MLM business opportunity business model is great for a very motivated person. The model also tends to lend itself to married couples working together.


The business model of the home based MLM business opportunity is network marketing. Beginning with the network that a person has already developed in everyday life, the person begins to share the products and services with these people. The truth is that most people sign up with a particular MLM because a best friend or aunt introduced it as a good opportunity. A person might not have ever even heard about the company previously. Just because a person has not heard of the company is not, of itself, a reason not to sign up with them. Yet, the wise thing to do is some research on a company. Not every company that says they are multi-level marketing can be considered such. For example, a pyramid may be promoting itself as a network marketing company. One of the first things one must do is be able to tell whether a company is a reputable company or merely a scheme to separate one from hard earned money.


There is one test, in particular that a true network marketing company must pass. A home based MLM business opportunity has a tangible product that the company offers. That means an individual can touch it, feel it, and give it to someone else. There are very few multi-level marketing companies that don't meet that simple criterion. If an individual happens to come across a company that doesn't quite meet the criteria, they can check with the Federal Trade Commission (FTC) to find out if the company is reputable or not. The FTC will clear things up for anyone who needs questions answered. The FTC has information on which companies to steer clear of. Remember, just because a company has been around for a long time that is not what makes them reputable.


Now, once a person has found out that they have selected a valid home based MLM business opportunity, the next step if to figure out how to actually make money in it. These opportunities lend themselves to a flexible work schedule; however, an individual must actually have a schedule. The organization will give everyone guidelines and goals. Supposedly, when a person works according to the plan, they will become successful. Transversely, if one fails to follow the plan, that person will not succeed. This idea is consistent with the axiom "When you fail to plan, you plan to fail." Nevertheless, it does take work to build up a good clientele. The credo is to invite, invite, invite. Then, it's important to remain positive and active. Attend meetings, purchase training materials, keep your recruits involved and excited.


Additionally, in order to make a significant amount of money one will need to earn what is called residual income. Residual income is great. This revenue stream comes from all those people that are recruited as you build your business. When the recruit make sales, a little bit of their profit goes to the person who brought them into the organization. In a home based MLM business opportunity it is not unheard of to become a millionaire. It's a long way from a part-time income to millionaire status, but in MLM, like no other opportunity, it is very acheivable.


 

Wednesday, July 10, 2013

Home Based Business Network Marketing

Home Based Businesses Are Growing


Home based business network marketing has grown in recent years to become a major force for putting people who wish to work from their house in touch with those companies looking for home-based workers. Anyone looking for a home based mlm business opportunity will find plenty of choices on the Internet. Some are turnkey operations, where a product is purchased and resold to a buyer who visits the seller's web site (which has usually been set up for them by the parent company). Whether it's simply a direct sale, where a price is stated and the buyer pays it, or the sellers have a suggested price and it is sold to the highest bidder, this kind of market can be quite successful. This home based business network marketing is open to any kind of product an individual wishes to peddle. Most often, there is a specific product involved, and the array of products is astounding. Many sellers end up selling products that fit their interests. Health-promoting products or weight loss programs might be the thing, or environmental safety may be a seller's interest. Of course, these are a very small representation of the kinds of opportunities one can find when beginning an Internet search. Multilevel business marketing (mlm) pays partners when other people join the team selling their product. A home based mlm business opportunity is often just what people are looking for when they want to stop the daily grind of going to and from an office every day. The notion of sitting at one's computer and generating income has a certain attractive charm. However, sellers shouldn't quit employment immediately, and start at-home work as its replacement. The income received when first starting won't be enough to survive. However, selling on a part-time basis until income can be built up to a comfortable point is recommended by most of the advertisers in this industry.


Some of the businesses available in this industry make truly outrageous promises. Testimonials of people who claim to have earned $50,000 the first month might be true, but unlikely to be anything like the average person can expect, and those kinds of claims should probably send potential sellers scurrying the opposite direction. Potential sellers are much safer looking at those business in the home based business network marketing who promise training and mentoring to learn the industry, and are up front about how much time it might take to build sales to a profitable level. Most will require some sort of investment in the beginning, and the amount of that investment will be a factor in deciding which avenue to take. It should not be a large investment. If a large sum of money is required, look at it very carefully before participating. The Better Business Bureau is a helpful source to avoid fraudulent companies. Either way, God will help lead His followers to the best means of making a living. "A man's heart deviseth his way: but the LORD directeth his steps" (Proverbs 16:9).


Not too long ago the only home based businesses listed on the Internet were those that required stuffing envelopes, or doing some kind of handwork, both of which didn't pay much at all. That has changed dramatically, so that stay-at-home moms, retired people, or anyone looking for a change have opportunities to be found through home based business network marketing. There are even places for writers to ply their trade and make money without leaving the comfort of their own houses. Whether it is through a company posting information on the Internet, or writing for an on-line magazine, wordsmiths can find a way work for money regularly at home, and often in an area that particularly interests them. Of course, their product doesn't come under the home based mlm business opportunity, but for those who don't want to sell things, this is a viable alternative. There are familiar companies that have long been home-based that can now be found on the home-based venue such as those in women's makeup and certain household products. Instead of going door to door as in the past, one can now sell on the Internet from home. With so many of our citizens owning computers now, it makes sense that businesses are taking advantage of that means of recruiting workers.


 

Wednesday, March 13, 2013

Home Business Opportunities - Four Home Based Business Opportunities To Choose From

Home business opportunities are virtually everywhere you look online. And the promoters of each home based business opportunity often claim that the opportunity they promote is the best business opportunity to join. This often makes it difficult for newbies to make the right choice, the choice that best suit their situation. This article takes a look at the four broad categories of home business opportunities so you can identify the option that suit your circumstances and therefore make informed choice.


The four broad categories of home based business opportunities are:


1. Opportunities that involve building an information rich web site from scratch and thereafter monetizing the resulting traffic


2. Opportunities that involve joining affiliate programs that offer unique affiliate links for promoting the affiliate product or service


3. Opportunities that involve joining a network marketing home based business opportunity that offer free distributor web site to members and


4. Opportunities that involve getting paid a fixed amount for completing a set of tasks online


Let's take a closer look at each option above.


The first online business opportunity involves building your dream online business from scratch.


The right process requires you to do the following:


identify your passion brainstorm topics that fall within your passion or interest using appropriate brainstorming software identify a profitable niche that matches your passion or interest Assemble low competition keywords that define your niche Draw up a site blueprint Design your web site Write content for your web site using the low competition keywords brainstormed earlier Promote your web site massively online Add income generating streams to your web site Cash your money month after month


If you conclude that the above process is tedious and time consuming, you're probably right.


But why?


It's because it's business... it's online business. And online business takes time, effort, and creativity just like offline does.


The second home business opportunity mentioned above is affiliate program marketing. With this type of online business, you join the affiliate program of your choice and promote the affiliate links you're given using a blend of online marketing techniques. Some online marketing techniques will produce more results than others. So, you need to track your sales promotion efforts or campaigns to determine what works and what doesn't for the specific affiliate program you promote. Then drop campaigns that don't work and do more of what works.


The third category of home based business opportunities are MLM home business opportunities that offer members free distributor web sites to promote the MLM business opportunity. As with the affiliate program model, members of this type of MLM business opportunity promote their member web site url and register new team members using the tools on the member site they were given.


The fourth online business opportunity involves completing a set of tasks in expectation of being paid a pre-determined amount.


This kind of opportunities include:


paid to write paid to attend to customers (online customer service jobs)


... and other such online job opportunities.


WARNING: Verify that the internet job opportunity you're interested in is legitimate before you join!


Each of the home business opportunities described above have their pros and cons.


Option 1 above requires you to do a lot of work without immediate reward. With this type of online business, you're basically writing an online book or journal. And you don't get paid for writing a book until it's finished and it starts selling, right?


In simple words, this option is a long-term business where you build traffic or your own customer base through content writing and marketing. This is a tedious but rewarding way to build a long-term business. With this type of home based business you own your traffic or customer base. And when you own your traffic, you own your business.


Option 2 is affiliate program marketing. This system involves selling a product or service by finding a market for it. Depending on where you advertise or promote the affiliate programs, you can begin to make money right away.


Here's one thing to remember though.


Not everyone makes money from promoting affiliate program products despite spending a lot of money in advertising.


Why?


It's because affiliate program marketing success requires a set of skills. To succeed, you need to learn the skill-set that guarantees success. Option 3 is much like option 2. You get paid for promoting a network marketing opportunity.


However, unlike most affiliate program opportunities that are free to join, virtually every network marketing home based business opportunity require members to join with a registration fee. Besides the registration fee, members must buy at least one pack of the MLM product they promote every month to stay active and qualify to earn commissions (at least in most programs). This means there is a maintenance cost for most MLM business opportunities.


Option 4 is the most direct form of online business. You get paid to complete a set of assignments. The problem with this is that it's like having a day job... when you stop working, you stop earning. Whereas with the other kinds of home business opportunities discussed above, you can build your business to a point where what you earn far outweigh the efforts you put in. And you can put your business on auto pilot.


What home business option is right for you right now?


It depends on your current circumstances. In my candid opinion, the overall best option is one that allows you to build a long-term business and put your business on auto pilot down the road.


I'm talking passive income!


Bottom line.


It's your life. Choose how you want to live it.