subject: Which is the Best Online Business? [print this page] Which is the Best Online Business? Which is the Best Online Business?
Run a Google search for "best online business" and you will get so many responses you might feel overwhelmed. Not surprisingly, most people view such claims with a great deal of skepticism. After all, it is easy to say you have the best business idea, but if you are under no obligation to prove the statement, how are interested individuals to sort the chaff from the grain?
Can you trust an online business review?
Tragically, even these need to be taken with a grain of salt. Who wrote the review? Is it truly by an unbiased party or was the article written by someone with an agenda? How can you tell the difference?
One of the first things you want to evaluate is how the article is written. If it speaks poorly of all but one company, odds are good that the goal is to get you to join a particular organization. Any company that needs to spend a majority of its time denigrating other businesses probably isn't doing very well, so avoid these.
If the content seems to simply present the pros and cons of several business types, you may have hit a legitimate source of information. It can also help to check out the Better Business Bureau website to confirm you feelings.
The top online business offers provide more than a product
That's right, if all you are getting when you sign up with a company is an expensive set of samples and a brochure on how to sell, pass on the offer. Few people have a built in set of sales techniques that will reap substantial rewards. For just that reason a responsible online opportunity will be paired with good training and assistance.
Look for an option that includes one to one mentoring, assistance in setting up a website, direction on how to promote your own products, or an offer to join your mentor in selling the product. Instruction on how to design a successful marketing campaign is just as important as any other aspect. With the proper boost it won't be long before you are an excellent marketer in your own right.
Not all opportunities are the same
The majority of online businesses work through a multi-level marketing arrangement. These offers are reasonable if you get in on the ground floor. Since a significant percentage of your income will come not from selling a particular product but from recruiting others, you want to have solid marketing skills already in place. If you don't know how to recruit people into your downline, this can be a very frustrating experience.
Another option is called GPT or "get paid today." This structure involves a lot less recruiting; in fact, you only get residual income from a few individuals, but this one offers the advantage of providing a higher end product with better commissions. Sales skills are still important, however, this type of company usually provides better training and a quicker return on your investment.
Finally, you can consider franchises. Frankly, these are very expensive and present some serious challenges to the entrepreneur who would like to see a profit. Remember, the more franchises are available the more competition you face immediately. While you are expected to stick to the company "formula," they may not offer much in the way of training or support once they have your fee.
Reach a Conclusion?
The best online business is one that provides you with good support, an established marketing plan you can use and is of interest to you. Everyone has specific things they hope to accomplish with their Internet company, so take the time to find one that will suit your needs.
