With so many scams online today finding the right online business opportunity can be quit a challenge. Most successful online entrepreneurs have spent large sums of money and time before figuring out what truly works.
There are three major mistakes online business opportunity seekers make
1. They sign up for a program because they think the product is the greatest thing since sliced bread. If you were selling brand new BMWs for $100 a piece and your car lot is out in middle of nowhere, no one will find you and your end result will be no sales. Don’t look at the product, look at the business model and the marketing system the company has in place. If they have a decent product, websites that convert and a system you can plug into to get people to your site, your chances for success will increase dramatically.
2. Look closely at the quality of training they offer. One of the most common practices is to get people into an opportunity then sell them on the back end with various eBooks on internet marketing. A solid company will have live webinars and step by step videos in their back office that teach you how to market your product on the internet. This should be offered to you at no additional cost. Remember, traffic is the life blood of your online business, without it you have no business at all.
3. Many online business opportunities claim they have great support, then you sign up and find there is little to no support at all. Look for a phone number and call it before signing up to get a better feel of how much support they actually offer. Watch for two numbers, some will have a number for new online business opportunity seekers and a separate number for support. Many companies will answer the phone to sign you up, but once you join getting through on the support line is next to impossible.
Here is an example of what a solid online business model should look like.
After joining your online business opportunity you should be set up with a lead capture page and a website, this is a simple but very powerful model for making money online. The biggest obstacle new people have is getting traffic to their system. This is where the companies training comes in, they should teach you the skills necessary to start getting people to your lead capture page. When a potential prospect arrives at your lead capture page they will have to put in their name and email before being forwarded to your website. Their name and email is captured in an autoresponder. An autoresponder is a program preloaded with a series of follow up emails that are sent out automatically in a structured sequence. This puts your follow up marketing on autopilot.
One tip is to look for online business opportunities that sell high end products. This will allow you to become what is called self funded. Let’s say you make $1000 sale from your online business opportunity. You then put that $1000 into paid marketing methods on the internet. If that $1000 makes you $4000, you reinvest a $1000 and do it all over again. A combination of free and self funded marketing can send hundreds even thousands of people a day to your lead capture page, resulting in exponential growth in your business.
Finding the right online business opportunity can be just as easy as it can be hard. The difference is knowing what to look for when examining different opportunities. There are other variables to look for but the basics I have mentioned here should point you in the right direction.