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Quick Profit Or Long Term Income?

 
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Robert Nixon

When you start an internet home based business, you must look at what you can achieve in return for your efforts and investments.

Too many have somehow gotten the idea that what they want is a quick profit from making multiple one time sales.

This sort of thinking will end up with you either not making anything or a short term gain, then nothing. The reason is that you will constantly be working to make a sale, over and over and over again. Most businesses, whether on the internet or not, make their income by REPEAT sales to the same people. What if you owned a local 'supermarket' and your local community members only came in ONCE? You would quickly close your doors. NO, they make it by you coming in over and over.

A good business has products people know about and desire, related products and are there for more than, let's say for the sake of this sample, a year. Your supermarket carries not only milk and bread but canned goods, meats, and what you need for them like seasoning, eating utensils, plates.....well you get the idea.

It is the same with you, what you are indeed looking for is called residual income.

This is making money from repeat business. You want a product that performs in order for the person that purchases it, will 'renew' or 'up-grade' on a cyclic basis. Many do this by charging 'membership' fees for associates, or 'term' fees for the use of software.

I have a program that will only cost you about $20.00 a month for the use of a great marketing package of marketing software. If you want to save money then you can get it on a yearly basis at a reduced cost. Every month you pay your dues, I make money. MONTH after MONTH after MONTH. IF you pay for it once I will make $5.00 once and that's it. BUT if you renew monthly for say ten months...you do the math.

IF I invest $10.00 a month for your purchase, then I only need two sign ups to break even. Everyone after that is pure profit. If I make $2.00 on every sale you make and you make five sales a month, I get my ten back EVERY month from your efforts. This is called 'tier' payments and a great way to make income just by my relationship with you. Many companies will call this your 'downline'. The best way to create and keep a 'downline' is by maintaining a two way relationship by providing training, support and advice to them.

Is this easy or hard for you? If it is hard, then you are doing something wrong. You will have to look at your product or service and how you are advertising it, and where. If you have a good product or service that performs well for you but the problem seems to be with your site returns from search engine inquires, then you will want to work on the ranking of your site.

When I had my shareware business I made income from people coming back and ordering the 'full' versions of my products. I would give the authors a percentage and after shipping, etc, I would make my income. The money was in the 'hard disk', as on-line down loading was very difficult on the early internet and most PC's would not have the disk space nor the connection speeds to do this effectively.

Once the internet caught on, then it seemed the whole internet became with scams and con artists that sold people on the idea of investing with them to make the quick buck. Many of the programs sold (and still being sold) is really 'shareware' that people use for promotions. The market of selling 'shareware' is flooded and only so many can make a living selling it.

You need a solid product such as a health supplement or credit card service (those were examples only but you get the idea), then use your 'shareware' to promote the product or service, not the shareware. Only sell the shareware when your customers ask for it. This is how real money is made on the internet, first providing a good, tangible product and making income by repeat sales.

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Robert Nixon is the owner of http://www.cpucash.net and editor of a free weekly newsletter, both dedicated to assisting new internet business people that have their own domains but low start up budgets, how to achieve good rankings, etc on the internet at no charge for the information.
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Article published on December 08, 2005 at Isnare.com
 
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