Five Kinds of Successful Online Businesses

by: Scott Oliver

If you're seriously considering starting an online business, it makes sense that you would want to choose something that's going to do well right from the start. When you're investing time and money in your business, it would help to know if you're setting yourself up for failure or for success. Here are five different kinds of online businesses that have proven to be a hit with customers. Perhaps you can find your perfect business idea here too.

Health and Weight Loss

Everyone either wants to lose weight or wants to improve their health. We're a society that wants to take care of our bodies and if we look good at the same time, that's all the better. If you want to start an online business, you might want to focus on ways to help people lose weight or simply to improve their health. You can do this by offering fitness and health related products on your website or perhaps by offering eBooks that will help them make better health decisions. Try to find something that relates to a question or a concern a person has about their health - and then you have a viable and profitable business plan.

Beauty

While it used to be that beauty was something that only women talked about, that certainly isn't the case any longer. That said, women are still the consumer group that is much more likely to invest in makeup and skin care products, though men too are looking to improve their appearance. With anti aging face products, both genders can begin to reclaim their youthful appearance, which will help them feel more confident in any setting. Selling high quality makeup products and helping customers with their choices is a great business plan, as it allows customers to have the department store experience from the comfort of their home.

Exercise and Sports

But weight loss isn't the only concern with it comes to health for customers. Exercise and sports are other areas where you can make a profit with your online business. For example, selling sporting equipment or products related to sports fans is still a big business. When you work with the team and their product line, you will be able to access thousands of fans who want to support their team with licensed products.

Fashion

Of course, fashion is still a hot seller, no matter where you are. If you can present high quality fashions on your website, you will attract not only the teenaged sector, but also those in their twenties and thirties - of both genders. Look to celebrity and gossip magazines to show you what's hot and what's not and then look for a vendor that sells the same or similar items that you can them turn around to sell for a profit.

Low Price Goods

No matter what you choose to add to your website, if you can sell products available on other sites for a much lower price, you are going to do well. This goes for fashion, beauty, exercise, sports, etc. If you can find high quality products that can be sold at much lower prices, you will draw in many more customers than you could have with higher priced goods. For example, if you can find a way to sell organic goods and clothing for much cheaper than healthy food specialty stores, you can help those that want to be healthier, but can't afford the higher prices of other stores.

No matter what you choose, try at first to think of things that you yourself might want to buy online - chances are good that you're not the only one.

Work at Home Business: Goal Setting and DMO

by Bob Storrs

How to set goals for your home based business to maximize your chances of success. Why it is important to have a DMO or Daily Method of Operation.

Now that you've decided to start a Work at Home business whether it's a network marketing business or an online internet business the first thing you need to do is to figure out what you want to accomplish in your business. For most people the reason they want to start a home based business is to earn extra income or perhaps to quit their job. Whatever it is you need a plan to make it happen.

If you are going on a trip and call your travel agency they are going to ask you where you want to go and when you want to arrive. Only when you have that information can you plan your journey.

The same reasoning applies to your business. Your destination is the amount of money you want to make but it's equally as important to know WHEN you want to accomplish this. For example, you might say you would like to make an extra $2000 per month but you can't just leave it at that. You have to put a time limit on it. So you would say I want to make $2000 per month by the 31st of December of this year. This creates a fixed point that you can focus on just like a beacon. It is an amazing truth that when people have goal with a time limit the chances of reaching that goal are dramatically increased.

One caution you must take in setting your goal is that it must be something reasonable to reach. If it's too far out of sight and you fail to attain it you may become frustrated and give up. But even if you fail to reach your goal and get only half way there you'll be that much further

along than if you didn't set your goal in the first place. You can always reset your goal with the confidence that what you've done so far has been successful and by just keeping on doing what you've been doing will get you where want to be.

Now when you have established your goal and the time frame for when you want to reach it, your next step, and this is very important, is you must write it down and put it where you can see it many times a day. This could be in your office, on the refrigerator, in the bathroom or in your car. You want this goal to be impressed on your subconscious mind as much as possible. The reason this is so important is that your subconscious mind is like a computer. It will do whatever you tell it to do. It is an uncanny fact that when your subconscious mind believes, for example, that you will make $2000 per month by the end of the year things come together to make this a reality even when you don't know how it's going to happen.

Now there's one other ingredient in this formula that goes along with a written goal and that's WORK. Yup, it's true, the only time SUCCESS comes before WORK is in the dictionary. This is where something called a DMO or Daily Method of Operation comes into play. Your DMO consists of all those tasks that you must do on a daily basis if you're going to realize your goal. Your exact tasks, of course, will depend on the nature of your business, but it could be the number of calls you make to prospective customers or ads you place to drive traffic to your website or maybe write articles like this one.

Along with your daily tasks you should keep a written log of your activity and the results so you know what works and what needs to be changed. If you don't do this you won't know what needs to be tweaked.

Remember that just like an airplane flying from point A to point B there are course adjustments along the way. Your business will need adjustments and fine tuning as you progress toward your goal.

Goal setting and developing a plan of action have been proven to work over and over in building a successful business. You can have any success you desire by starting with these basic fundamentals and putting them into ACTION.

I wish you success in your business endeavors.

Your thought of the day . . . . . . .

"The real voyage of discovery consists not in seeking new lands, but in seeing with new eyes."

~Marcel Proust

About the Author

Over the past 13 years Bob Storrs has built a successful network marketing business that spans the US and 8 foreign countries. He also uses the internet to market these products and is an affiliate for others. Get the free report for hundreds of home business tips and tricks at http://www.BucketsOfBucks.com.

How to Choose a Home Base Business

A home base business is a good way to earn income on the side. Today's world requires people to earn extra money anyway they can to support the rising cost of living. There are simply too many choices of a home base business today. Some requires minimal work. Others would require you to devote some two to three hours a day so you'll earn.

Home base businesses could be classified according to a skill-related business, marketing business, and knowledge and experience-related business. Of these businesses, the most lucrative would be the marketing business. Every company established in this world earns by selling their product or promoting their services. So if you can help in the marketing of a certain business, then you will be part of their success. Companies are more than willing to compensate people who have played a crucial role in their business.

This is where MLM's or multi level marketing businesses come in. This is actually a marketing strategy implemented by most companies operating both online and offline. MLM is conceptualized to maximize the earnings of company itself and the people who agreed to be part of the marketing group.

The process works by recruiting as many people as you can under you. These people would then recruit others, basically doing the same things as you do. Along the way, you are also expected to sell some of the products that are associated with the MLM business. For every sale you make, you are paid a certain commission. The more sales you make the bigger money you take home.

But that's not all. Whenever your downline closes a deal, a small part of that sale goes to you too. That's how the MLM company repays you for having many recruits. So when you think about it, you can still earn even if you don't sell the products yourself. For as long as your downlines are active, you are going to get a fat paycheck. That's how MLM's can provide you with a residual income - a type of income every person dreams of.

But then again, not all people are good at selling. For them, the other options for a home base business would work.

Skill-based home business is for people who are good at something, like making crafts, repairing automotives, computers, or small appliances. This is also for people who are good at secretarial works, typing, and data processing. The other type of home base business is for the professional. If you have adequate experience and substantial knowledge about something, then you can help others and charge a substantial amount for it. This is where consultation services belong. Doctors could set up clinics near their residence and see patients during the weekends. Engineers can also offer the same service.

These are your different options for a home base business. As more and more people need additional household income, MLM businesses are getting more and more popular. It is very important that you consider the right opportunity so that you can maximize your profits. With an MLM business, you are almost sure of a good income if you do it right.

Skills-based and experienced-based home business would require you to do some real work on your free time so you'll earn some. If you prefer to generate money that way, then that's really your choice.