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Opportunity

Starting A Work From Home Business Ideas and How To Market Them Online

Starting a work from home business ideas can be found very easily online, just Google “top 10 online business opportunities” and you’ll get back nearly 24 million results. Now that’s one way to get ideas, but if you’re not sure what type of work from home business you want to start, I suggest a little different approach.

Instead of trying to decide right away which work from home business idea is right for you, find an internet-marketing training program and learn how to market online first. Learning how to market online will give you a better perspective on how internet business works, and make it easier to choose the right business opportunity.

Why should you learn to market online? Go back to the Google search I talked about earlier. When I searched “top 10 online business opportunities” I got back nearly 24 million results. Who do you think gets more customers, the 10 businesses on page 1 of my search, or the other 23,999,990 business from page 2 on back?

Learning how to effectively market online and getting your website or video on the first page of a Google search, gives you the ability to reach nearly 2 billion people online for very little or no cost. How else can you reach that many potential customers without spending enormous amounts of money?

Here Are A Few Starting A Work From Home Business Ideas You May Not Be Aware Of:

Become an affiliate marketer and earn commissions for promoting other people’s products

Develop your own products like e-books or how-to guides

Become an internet marketing consultant, develop online marketing plans for individuals and businesses

Market you service business (massage therapy, day care, wedding planner etc.) online and generate an unlimited source of customers for your business

There are a lot of internet-marketing training products, franchises and training and mentoring programs to choose from online. Prices can range from a few hundred dollars to as much as $ 70,000 dollars. Do your research and find the one that’s right for you and your budget. You don’t need to spend $ 70,000 to learn online marketing, but don’t think you can learn to market online for a $ 100 either. Try to find a program that fits your budget as well as your needs.

Here are some of the things a good online marketing program should include:

How to research and secure domain names

How to use web hosting services like GoDaddy or HostGator.

How to build websites, blogs and landing pages using tools like WordPress and Optimizepress

How to create a sales funnel using your blogs, landing pages and websites

How to manage your prospects using autoresponder services like Aweber and Get-Response

How to promote using articles and videos

Search Engine Optimization

How to use social media

Make sure they teach both free and paid methods of online marketing

The best programs provide coaching and mentoring, frequent live trainings and online tutorials

Invest in yourself and your future, and learn to market online. Radio, television and print advertising is on the decline, newspapers and magazines are struggling to stay alive. Yellow Page ads are on the decline, and they’re starting to place their customers online with websites and other forms of online advertising. Statistics show by next year, internet marketing will be a 7 Billion dollar a year industry.

Even though many businesses currently have websites, most of them are not being optimized and are nothing more than digital brochures that few people will see. By learning to effectively market online, you will be able to generate an unlimited source of new customers for your business, plus your expertise in internet marketing is something almost every business on the planet is willing to pay you for!…

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Business Plan

How to Write a Business Plan – The Market Analysis Section

Your business plan will include a Market Analysis section. This is the portion of the plan that will require the most research; rightfully so, since it will be a true indicator of whether you have a viable business or not.

The business plan Market Analysis will include:

Clearly define your industry or market. Provide statistics of the size of the market. You should also document any trends or cycles and a forecast for future growth or decline.

Pinpoint your target market. You should get as detailed as possible in defining your customer demographics. Narrow it down to age group, gender, income, lifestyle and locale. The more you understand your consumers, the better. Be sure to include any supporting statistics available in the appendices section of the business plan. Your market analysis should also indicate any motivating factors that will trigger your customers to purchase your products.

Market test results. Whether it be customer surveys or pols, you should have concrete statistics to support your industry research. In this market analysis section you should highlight the end results but the full details of the test should be available in the appendices section for further investigation by the reader.

Turnaround Time or Lead Time should be clearly defined. Indicate how long will it take to fulfill your orders or deliver the product to the customer. Are you capable of handling volume orders?

Discuss the barriers or road blocks you anticipate when creating a place for your product in the market and how you will overcome them. You need to briefly discuss what your competition’s strengths and weaknesses and how you compare.

The Market Analysis is a very important section of your business plan. It may be well worth your while to solicit the aid of a market research company who is experienced in surveying and poling consumers to help you more clearly define your target market. Since this factor is the foundation of your sales and marketing plans, it is of utmost importance that you get this right.…