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5 of the Hottest
Internet Opportunities
By Terry Dean
Most of my newsletter
articles are born out of the questions that my faithful readers ask me
every week. So, keep those questions coming. I keep a busy schedule with
many different projects going continually, but I will do my best to answer
each and every one of them. The three questions
that I get asked most often are: 1. How do I design my own
web site? Today's article deals
with question number three. What are the hottest opportunities for the
Internet entrepreneur? Below, I will give you five suggestions I have for
you to create a successful web business, but I do want to interject one
other element first. The most successful
business for you will almost always be the one that you find the most
interesting and exciting. If you love what you do, you will be able to put
in long hours promoting it and taking care of it. There is an old saying
that if you do what you love for a living you will never have to work a
day in your life. So, instead of looking
for a business based on how much you can earn up-front, choose a business
based on your love for that business. The most successful and fulfilled
people are individuals who are following a dream or vision of theirs. They
are not just out trying to make a buck.
So, make sure you take
these potential opportunities with a grain of salt. If they don't meet
your interests, find something that does. You will have much more fun in
your business if you do what you love. 1. Software There is no denying
that the most profitable business online has been and will continue to be
selling your own software. More millionaires have been produced overnight
through their own software program than anything else. The richest man in
the world also made his fortune selling software. Almost every Internet
user has one thing in common. They need software for their computers
(except for the minority of users who have Web TV's and similar
equipment). Every Internet business person I know spends hundreds or
thousands of dollars yearly on software.
Software is easy to
distribute online. You can offer a free demo of your software on thousands
of sites such as
http://www.download.com for free. When someone purchases your
software, all you have to do is send them over a password to access the
full functions of their new purchase. No hard product has to be delivered
through the mail in most cases. Like I mentioned
above, this has been and will continue to be the most profitable
opportunity on the web. The problem with it lies in the actual creation of
the software itself. Besides having an idea of what needs to be created,
you also have to have the skills to create it. There are three ways
to own your own software. #1 You Could Design it
Yourself. If you don't currently have any programming knowledge, it is
easy to find someone to teach you. Almost every local community college
has courses on programming. By taking these and applying yourself to them,
you could learn how to design software yourself.
#2 You could hire
someone else to design it. Find some people who have taken these kinds of
courses and offer to hire them to design the software you have an idea
for. By going to a private programmer, you will be able to get it created
for a much lower cost than any other way. #3 You could find
software from a private designer that you want and offer to buy reprint
rights to it. This would be the quickest and easiest way to get into
business with software. Find a program you want that is not promoted very
well and make an offer. All they could do is accept or refuse. No problem. The most profitable
focus for the small business and private programmer would be in designing
tools for small businesses on the Internet. By focusing on this market you
will be able to avoid competition with the major software companies out
there which have basically ignored the small business person online. So
keep this in mind for your software business. 2. Subscription Sites If you pay much
attention to the Internet at all, you have probably noticed how many
subscription sites are popping up. Although subscription sites used to
only be promoted by the adult sites online, they are definitely going
mainstream now. Any business which has
audio, video, special reports, books, software, daily updated content, and
more has a potential subscription site available to them. It has already
been proven that people are willing to pay for highly specialized content
which they want or need. Subscription sites
have several advantages over other methods of delivering your products
which we are only now beginning to realize.
Each of those
advantages can spell a big difference to small businesses. What if you
could have your product delivered automatically to everyone who orders
without having to spend a penny out of your own pocket and without having
to spend a second taking care of the order. It can all be taken care of
without any involvement from you whatsoever. No matter what type of
business you are in, there is probably a potential subscription site idea
available. 3. Audio and Video
Delivered Online As the Internet grows
and connection speeds increase, audio and video are going to become much
more commonplace. We live in a TV generation and you can expect video to
become standard to web sites as more and more tools become available to us
in this area. Right now, you can
offer audio or video on your web site by using RealProducer or Emblaze
along with a host of other tools. If you become familiar with these tools,
you could begin to offer your services to convert video and audio for
companies to a format they can use on their web site. Plus, you could begin
to use it on your own web site to add more content and interest to your
site. Expect more and more sites to be using it as we move into the next
millennium. As a side note, an
interesting web site I have found while exploring is at
http://www.radiodestiny.com/ .By using their software, you can
actually start up your own radio station online, for fun or profit. 4. Full Service
Internet Sites Most people do not
like having to learn new technology and skills. This is the biggest
hindrance to businesses coming online. As a matter of fact, only 5% of
smallbusinesses People in general do
not want to buy a book and figure out how to design a web site. They want
it to be designed for them. They don't want to have to market their site.
They want it done for them. Businesses are looking for a full service
Internet business where you design their site, provide or find their
hosting, and market their site online. I currently know of
several companies which offer this type of service to companies and charge
$5,000 - $10,000 per customer. Just think if you sold this type of service
for $3,000. You would have to sell 300 $10 books to earn the same gross
profit. Would you rather deal with one customer or 300? 5. Internet Hubs In
Every Area of Interest This type of business
could be created in any niche market or area of interest. You could create
a theme site or Internet hub in gardening, motorcycles, dolls, puppies,
etc. Anything that you have as an interest or hobby could usually be
turned into a theme for your web site. The key to this type
of marketing is to become the place that everyone wants to go in your area
of interest. In other words, you would want to be a portal or starting
point for people searching for information or products on your subject.
Create a list of links to all of the good content sites in your market.
Start a discussion board for people to participate. Publish an ezine for
them to subscribe to. Find written, audio, and video content to place on
your site.
Then, start searching
for products they are interested in. Pick up magazines and search through
the ads for potential products you could sell online. Offer to Joint
Venture with the owners of these products and endorse them to your
visitors.
In other words, design
a site that is the only one they need to visit online in your subject.
Then, market it every where and send out press releases to every potential
publication.
Once your traffic
soars, so will your profits. Terry Dean, a 5 year
veteran of Internet marketing, will Take You By The Hand and Show You
Exact Results of All the Internet Marketing Techniques he tests and Uses
Every Single Month" Click here to Find Out More: |
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