Ryan Ringold

Ryan Ringold is an entrepreneur who has made a full time income on the internet since March of 2002. He has driven hundreds of thousands of visitors to his websites and has earned hundreds of thousands of dollars. Ryan Ringold coaches both experienced business owners and novices on how to make more money using the internet.

Tuesday, September 30, 2008

4 Reasons To Start A Home Based Internet Business Today!

The internet is an exciting, fast moving, and ever changing marketing medium for building value and delivering content to customers. It has come a long way since its humble beginnings, yet it is still in its infancy and it will be used in the future in ways many of us haven not even considered.

Desire

Nowadays, anyone with a strong desire and a will to succeed has an opportunity to capture a small percentage of the billions of dollars being spent online. Affordable marketing tools make it easier to accept sales, track statistics, create websites, follow up with customers, ship products, and build customer loyalty.

Million dollar businesses are being started, built up, and operated from the comfort of one's home regardless of age or prior experience levels.

The internet makes it possible for just about anybody to become successful, and the objective of this book is to deliver information that you can use to achieve success.

Right place at right time

Have you ever wished that you could be at the right place at the right time? Most of us have thought about it at one time or another.

Perhaps you have wished that you could go back in time and buy stock in Microsoft or Google when they started. What if you had the foresight to purchase hundreds of website domain names before the internet became popular like Nike.com, Coke.com, IBM.com, McDonalds.com, or GM.com. You could have sold these names for millions of dollars. Some people made plenty of money doing this.

FACT: You are at a very special time in history... right here, right now.

The internet is just getting started and it is in its infancy. The internet has already changed the world. It has changed the way business does business, and it has changed how consumers buy and spend their money. The internet has allowed ordinary people to start extraordinary businesses. It has given people an opportunity to make incredible profits, even from the comfort of their own homes.

Modern Day Gold Rush

Today, opportunities available to home-based business operators can be equated to a modern day Gold Rush.

The prices of computers continue to drop rapidly, while with each new generation of microprocessor chips, their technological capabilities have dramatically improved. Therefore, the equipment needed to operate an online business is minimal-- far more affordable than ever before to get started. In fact, you can launch an online business with little more than a PC with a basic internet connection, and an idea for a product or service to sell.

Faster dial up connection speeds, DSL, and broadband Internet connections allow users to surf the web faster than ever. Audio and video are exploding online with these faster speeds, giving users new multimedia experiences.

People from all walks of life and of all ages are becoming computer literate and finding themselves exploring the Internet on their own. People from almost all income levels are finding their way into cyberspace in records numbers, with thousands of new people making their way online every week.

Most of these people, just like you are consumers with major credit cards, checking accounts, and a PayPal account for making online purchases with their computer.

The Internet's fast-growing popularity has made it an attractive and viable marketing tool for companies looking to reach a broad audience of computer users, plus niche markets made up of people with very specific interests, wants, and needs.

The good news is that it hasn't even scratched the surface.

The Explosion of Online Sales

Online shoppers in the United States spent only $7.7 billion in 1998. By the year 2000 that figured almost quadrupled to $28 billion, according to the U.S. Census Bureau.

Since then online retail purchases more than quadrupled again by jumping to over $130 billion in 2007.

In 1999 online purchases made up only .6% of all retail purchases in the US. Today, 3.4% of all retail sales are made on the internet. This is a 567% increase in 8.

Let's put these explosive numbers in perspective: If you owned a home in 1999 that was worth $150,000, then in 2007 it would have been worth $850,500 if it increased by 567%. It would have increased by $700,000 in just 8 years!

Imagine if the price of a $30,000 car increased by 567% over 8 years, then it would sell for $170,100. Could you imagine having to pay another $140,000 for that same car 8 years later?

Consumer spending on the internet is exploding and there is no end in sight. Skeptics claim that shoppers will slow down because of identity theft and credit card fraud.

I say no way.

The numbers prove it.

Online security is increasing. Consumers are more educated with the risks online, and how to avoid falling prey to internet scams.

These numbers will continue to climb with more consumers getting online daily. Online purchases also climb as consumers become more comfortable purchasing online; which results in more frequent transactions from customers and higher dollar volumes spent through internet purchases.

Is it too late for you to get started on the internet with an online, home-based business?

I believe there is no better time. What are you waiting for?

Discover How To Build Your Own Online Internet Business!

Download my FREE $47 Report right now at:
Lazy Ass Internet Marketing

Making Money Online In 6 Easy Steps

There are many ways to make money online. I do use several strategies to generate income for myself; however, my single biggest profit center is selling my own products. Selling your own products is where the money is waiting for you.

The best way to do this is to find a niche market and sell an information product.

Here are 6 simple steps to niche marketing:

Step # 1 PRODUCT CREATION: Researching and creating multiple products in multiple niche markets and offering those products for sale on unique websites.

There are many ways to make money online. I do use several strategies to generate income for myself; however, my single biggest profit center is selling my own products. Selling your own products is where the money is waiting for you.

When it comes to selling your own product, you can sell a digital product which is downloaded from your website after the customer pays you for it or you can sell a physical product that needs to be shipped to them. I sell both and you should start with what you are comfortable selling. I started with digital products because it is simple to do.

Some of the benefits of selling a digital product are that you have no shipping because it's immediately delivered to the customer via download; you have no inventory, and you have no product cost after the product has been developed.

Step # 2 COPYWRITING: Writing a KILLER sales letter that becomes your 24/7 salesman on your website (money site).

Your product is sold by the words that prospects read on the screen when they arrive at your site. So after developing a product, the second step is to put a sales letter on your website that becomes your 24 hours per day, 7 days per week, and 365 days per year salesperson.

The sales letter has only one job. Sell your product! I have found that many people shy away from writing sales letters or they do it completely wrong.

The truth is that it's really not that hard once you understand the psychology behind it and learn a few proven formulas. Yes it will take some practice, but once you get more comfortable and get your style polished, then you'll be able to whip them off over and over again.

Step # 3 GENERATING TRAFFIC: Once you have a sales letter on your website, then you need to send traffic it.

There are many ways to get traffic, but I think the easiest and quickest way is to pay for it. For example you can buy pay per click, banners ads, or ads in online newsletters. These are only a few of the many ways that you can buy traffic.

I've found that the next quickest and easiest way to get traffic is to start an affiliate program. An affiliate program is similar to having a sales force working for you without the headaches of hiring or managing people. As individuals (or businesses) sign up as an affiliate with your program, then they get special links that they use to send prospects to your website.

Step # 4 CAPTURING SALES: The fourth step involves the proper tools that allow you to accept credit cards and process a sale. You'll need a merchant account or an account with PayPal or Clickbank (Clickbank is only for digital products).

1Shoppingcart is also a very powerful tool that allows you to automate your sales process and your customer follow up.

Step # 5 INCREASING VISITOR VALUE:
Increase the value of the customer by up-selling, cross-selling, and offering backend products and revenue generating sources.

There are ONLY three ways to increase revenue in any business. The three ways to increase your revenues are:

1. Increase your number of customers

2. Increase the average transaction size

3. Increase the frequency your customers buy from you

The easiest of these three strategies is increasing the transaction size (number two above) and the second easiest strategy is increasing the number of times a customer buys from you (number three above).

Step # 6 DUPLICATING YOUR EFFORTS:
Once you have your first product selling from a website, then duplicate your efforts and begin your next project. One site is good, but two is better.

As you make profits from one website, then you can direct your efforts to your next project and start over following steps one through six again.

Go Wide Into Niche Markets For Multiple Streams Of Income

I have many websites that make $200 to $600 per month. I have less websites that make thousands of dollars per month or even tens of thousands per month. The secret, however, is to go wide into many niche markets.