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What is the best business to start? by adaugo

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· @adaugo ·
What is the best business to start?
Starting up a business is by no means an easy task. If you want to learn how to make money online, you need to have good business ideas, but you also need a great marketing plan. The good news is with a domain and hosting, alongside some basic skills, your ideas can become a reality. Each of the internet business ideas below are competitive niches, so make sure you go in with all guns blazing!

Starting up a business is by no means an easy task. If you want to learn how to make money online, you need to have good business ideas, but you also need a great marketing plan. The good news is with a domain and hosting, alongside some basic skills, your ideas can become a reality. Each of the internet business ideas below are competitive niches, so make sure you go in with all guns blazing!



1. Become an affiliate

Learning how to earn money online as an affiliate isn’t easy. But there are lots of people worldwide that are making over $1,000,000 a year doing it. Most will not be a successful unless they have some formal help and training. Affiliate stores are web stores where people purchase items on a site, but through a third party.

Amazon is one of the most popular affiliate programs in the world, and it’s getting more popular by the day, but it really shouldn’t be considering the commissions are so low! It’s not just Amazon that you can affiliate with; there are 1,000 affiliate programs to choose from. Although Amazon can be lucrative, there are some much better options out there, allowing affiliates to earn up to 75% commission in some cases! Work in your own time

Build multiple sites
Work in your own time
Focus on product niches that you have an interest in!
2. Start an ecommerce store

At the forefront of the internet revolution has been ecommerce stores. Nowadays you can get an easy to use, fully functional ecommerce store design for as little as £500; then you just need a domain and hosting. Of course, how much you profit depends on your methods and effectiveness of marketing which might include:

Print media
PPC (pay-per-click)
SEO (search engine optimisation)
Networking
Event sponsorship
The list goes on…!
3. Earn Cash From Blogging

Starting a blog isn’t as hard as you think. All you need is hosting and a domain. To make money online from a blog you need to gain large amounts of traffic from a specific niche. See how I do it here. You can earn cash using:

AdSense
Selling banner advertisements
Affiliating to sites such as Amazon & eBay (see #2)
Offer premium services or member areas
Example – TechCrunch

TechCrunch is a popular Web 2.0 blog and makes a reported $200,000 per month. Originally started by Michael Arrington, it was eventually acquired by AOL for a reported $25,000,000. There is money to be made by blogging and it’s cheap one of the cheap and easy home based businesses to get started with.

4. Sell on eBay

Selling on eBay successfully is not easy. You need to be able to able to target a niche where the profit margins are high and competition is low. If you pick the right product (particularly unbranded products) you have a chance to import items and make huge profit margins. SaleHoo is awesome for finding suppliers.
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