New Home Based Business Ideas – How Online Opportunities Enhance Success

New home based business Ideas? How about a home based business which you:

1. do not need to spend much time to set up?
2. do not need to spend a single cent as start-up cost?
3. do not need to spend a single cent to get the products or inventories for your business?
4. do not need to spend a single cent to market your product?
5. do not need to bear any risk if it fails?

If you answers are “Absolutely! Yes!” then you should start exploring online home based business. Follow the following simple 5 steps of new home based business ideas and leverage on the online opportunities to start making money online.

Step 1. Sign up for a PayPal account (an online opportunity to receive money from your customers without incurring any cost and without any constraint)

It will just take you a few minutes to sign up for a free PayPal account. Once you have a PayPal account you could start receiving money from your global online customers 24/7. Unlike the conventional business where you need to rely on the conventional banking systems to receive money from your customers and you may also incur account opening cost.

Step 2. Conduct Research for a profitable niche market (free online opportunities to determine who are your profitable customers for your online home based business)

Conduct your own online research. Visit ClickBank, Amazon, eBay websites. These are the online platforms for you to find out what products are ranked high or popular to determine your profitable niche customers. Leverage on Google AdWords keyword tool to confirm the popular niche markets for your home based business. A high demand niche market is the key to earn money online. All these researches could be done within a day and without spending a single cent.

Step 3. Source for a product for your niche market from the affiliate networks (free online opportunities to obtain the products for your home based business)

Join an affiliate program. It is a business model where you make commissions from promoting the merchants’ products or services through online means. You could get all the products for your niche market for free from the affiliate networks, for instance ClickBank, PayDotCom, LinkShare, etc. You could promote as many products as you wish. Affiliate networks are the free sources for the products of your online home based business.

Step 4. Create your own blog as a platform to market the products to your niche market (free online opportunity to have a store for your home based business without the need to pay rental)

You could create your own blog for free within minutes, for instance at Blogger.com. It just takes a few easy steps. In a matter of minutes you can start posting text, photos, videos, etc. to your blog. Post or write something interesting about your affiliate product on your blog. Place your affiliate link on your blog. Your blog will be your free online “store” for your online home based business. It is the platform for you to market your product and earn money online.

Step 5. Promote your blog and affiliate product through article marketing (free online opportunity to market your online home based business’s product to your online customers)

There are various ways to generate traffics or customers for your online business. But for a start, you only need to focus on article marketing.

You could sign up a free article directory account with EzineArticles, GoArticles, etc. Start writing 250-500 words articles about your niche market or your affiliate product. Alternatively, you may outsource the articles writing to the online professional writers. These articles will help you to generate traffics or to get online customers.

Remember to place your blog’s address at the resource box of all your articles. Your readers may be enticed to visit your blog and will find the affiliate products at your blog. They are your potential niche customers. This is an effective way for you to market your online home based business to your global online customers.

With the above mentioned online opportunities, you could start your online home based business within weeks or even days and at the comfort of your home. Your online home business could operate 24/7 and never stops helping you to earn money online. By using these ideas, you do not need to invest a single cent to start your home based business. This will certainly increase your profit margin. If you fail, you could easily start a brand new online business again at anytime and anywhere. With the power of World Wide Web, there is no geographical constraint for you to earn money online and you will have global customers for your online business. You should leverage on this online opportunities to make money online.

Now, are you able to see how these online opportunities could enhance your success? What are you waiting for? Join the bandwagon, take action and start an online home based business and start earning money online.

How to Choose A Home Party Business

People love a home shopping party. In the convenience of their own home, they invite friends and family to shop without heavy crowds, noisy distractions, or inclement weather. Moms in particular appreciate the flexibility of home shopping parties. Before signing up, take time to research each company. With effort, you can choose a reputable company and make money from home with your own party plan business.

Products

Products you can sell as a work from home party business include:

  • Arts and Crafts
  • Baby Products
  • Bath and Body or Spa
  • Books for Adults and Children
  • Candles
  • Cleaning Supplies
  • Coffee or Tea
  • Food
  • Handbags or Luggage
  • Jewelry
  • Kitchen Tools
  • Organizational Aids
  • Romance or Adult toys
  • Skincare and Cosmetics
  • Toys

How to choose a product to sell

Choose home party products for which you possess passion. You will find success when you sell a product you use and love. If you do not currently use any home party products, look for consultants in your area. Consider purchasing a few items to test and inspect in your home before starting your work from home business.

Ideally, home party products should be able to sell themselves. Choose a quality product that creates continuous revenue. Customers will pay more for products that produce the promised results. Additionally, consumable products such as makeup, food, and candles produce repeat customers. Look for a unique product with a distinctive sales angle or unique characteristic.

Choose a product with a money back guarantee. Customers feel confident purchasing products from a company that guarantees their sales. This guarantee also gives customers a chance to try new products with little risk.

What to look for in a company

After you choose a product, investigate the company. Join a company with compatible philosophy, ethics, and values. For example, an animal lover would not want to sell products that are tested on animals.

Discover the sales requirements. You may be willing to sell a quota each month or perhaps you would rather enjoy more flexibility. Consider your home responsibilities, annual vacations, and seasonal obligations when deciding if you can regularly meet the quota requirements.

Sign up to sell products for a company that offers free training and free assistance. You will be your own boss, but you answer to a corporation. Be sure you will receive adequate assistance with product questions, order placement, and customer service. Ask about booking tips, recruitment help, marketing strategies, and messaging boards for consultants. Many companies offer annual conventions as training and networking support for consultants.

Understand the commission. Not only do you need to understand the earning potential, but you also need to be able to explain it to others who may also wish to sell the product. Ensure the product sustains the level of income you require. Ask about rewards, incentives, and promotions for new and veteran consultants.

Find out how much inventory you must purchase in advance. Companies may offer pre-packaged sales kits or allow you to pick which products you wish to buy.

A quality company provides quality tools to sell their products. Inspect brochures, order forms, video presentations, websites, and sample products offered. Ensure these tools are customer friendly. Additionally, discern how much you will pay to purchase the sales tools.

Choose a company that allows flexibility in sales venues. Companies may choose to restrict where and how you can display or sell their products. You want freedom to market and grow your work from home business at various locations such as business expos, community events, yard sales, and open houses.

Getting Started

Successful consultants possess organization skills with friendly and outgoing personalities. If you enjoy meeting new people, talking about a product, and traveling, you may find success in this business. Be willing to accept the reality of regular evenings away from home and consultant requirements such as a business bank account or internet access. Additionally, you will need a calendar to plan parties and a phone to contact customers.

After you receive your starter kit, familiarize yourself with the products, brochures, order forms, and consultant resources. Print business cards, and ask friends to host parties. Host an open house with other home party consultants to display your products and offer customers one stop shopping.

Customers appreciate a genuine consultant. Concentrate on placing the customer first rather than on making a sale.

Home party businesses offer flexibility and a variety of products for everyone. Find a product you use and love to start your successful work from home business. With effort, you can make money in sales to support your family and open a successful work from home business.

Should You Lead With Your Home Based Business Opportunity Or Your Company Product?

With any home based business you have two options on how you can approach someone about your home based business opportunity. Some people like to approach with the business first and some people like to approach with their company’s product or service.
There is no right or wrong way to build your home based business. Both of these strategies have their pros and cons. I want to give you some thoughts on each strategy and give you an idea of which one you would like to use.

Leading With Your Home Based Business Opportunity.

With any home based business you want to always find a way to invite someone to take a look at your business. Which ever method you use you always want to invite someone and not just overwhelm with information if they didn’t ask to take a look.
Leading with your opportunity is a great way to get started making money right away with your business. This is a short term approach to getting you paid in your particular company. The great thing about this strategy is that you can use your product or service as a backup if someone does not want to join your home based business. Let’s say you approached someone about your opportunity and they weren’t interested. This is a great time to offer them to try your product or service. Tell them this is a chance for them to see how great the product or service is without making a commitment to joining your business. If it’s someone you know personally tell them that they would be doing you a great favor by trying it out and tell them why your started your home based business. People are more willing to do you a favor if it’s going to help you out in a big way. I have no problem asking someone to try out my service because I make it clear to them how much it would mean to me. Let’s say they try out your product or service and like it you can always approach them again about the business because they know the product or service does work. Even if they don’t join your business you now have a loyal customer who will tell others about the product or service and recommend it to someone they know!

Leading With Your Product Or Service.

Leading with your home based business product or service is another way to approach someone about your business. Tell someone you know about how great the product or service and how much of difference it has made in your life. People love testimonials and if the product or service has changed your life in some way tell them about it! Ask them a favor like I mentioned before and how much it would mean to you if they did so. Because down the road they may ask you for a favor. Leading with your product or service is a long term investment in your business so to speak. It takes longer because they are trying out the products or service and this takes time. The great thing about this approach is that if you have a superior product or service and they love it you can then tell them that they can make money just for referring others to use the product or service! They are a walking testimonial because they know it works, it’s worked for them and they will have no problem approaching others about how great it is! I’ve seen this approach work wonders and people who are passionate about a product or service will do wonders in your home based business.

You have to remember that your home based business is your business. Build your business however you want to! If you want people to try out your products first then go for it! This is why your started your home business in the first place was to be your own boss. Always remember that you always want to make it duplicateable for your team to use. Start having fun with your business and approach the business how you want to. I just wanted to give you a few ideas on how to approach someone about your home based business. Hope this answers your questions about using one of these strategies for your own particular company. Please keep yourself posted I have many great articles to come to help you with your home based business!

Start a Home Travel Business and Profit From the Multi-Billion Dollar Online Travel Industry

Yes, it is true. You can make money online working from home and can actually make a lot of money if you work hard, stay focused and execute. You can build a home travel business and live the Internet lifestyle you always dreamed of by operating an online home travel business. This article will put to rest any misgivings you may have had about starting an online travel business. I will not sugar coat it. In fact much of what I have to say will probably cause an up-roar in some parts of the online travel industry. I am aiming to tell it like it is.

The TRUTH!
Who really Makes Money in Online Travel. The truth is that you can’t really make a lot of money reselling other businesses travel products. This statement is directed towards the home-based travel agent market. Yes, its easy to get started as a home-based travel agent and the online travel agencies can provide you with your own personalized white label branded website, including quality customer support but in the end you are NOT building a business, you are only paying yourself a salary.

Don’t be fooled.

I am amazed at the amount of junk that there is online out there catering to the make money online from home crowd, touting selling travel as the route to freedom and riches. This truth is probably the most important fact anyone will ever tell you if you are just thinking about entering the online travel business. Let me repeat this for you one more time.

It is difficult to become rich and build a company reselling other companies travel products. You can become rich over time by building a business that sells your own uniquely branded travel products. You can get rich and build a business if you “own the travel product.”

Owning the travel product means that you are contracting directly with travel suppliers under your company’s own contracts, you are not just reselling a travel product owned by another travel business, tour operator, travel agency or travel consolidator. Your business creates the travel product by doing deals directly with travel suppliers. Your contracts with the travel suppliers become your businesses own unique inventory for the travel products you will be selling. The new travel product becomes your own brand. Your online travel business sells the travel product directly to consumers online or wholesales it too other travel agencies, travel agents, tour operators and resellers.

The Home based Travel Agent Dilemma.
I know I am opening up a can of worms here by disclosing this information but it’s really the truth. My intent is not to knock anyone down but to provide insight into how the online travel business really works and to show you WHO is really making the money and how you can make real money by deciding from the get go to actually build a business.

Yes, if you want to make $20,000-$50,000 working from home then reselling cruises or popular travel products will be the best option for you but if you want to make real money, six or seven figures and you want to build a business that has real tangible value and can be sold later then you need to develop and sell your own travel products.

The Internet is NOT causing Travel Agencies too shut down.
I believe that the main reason that brick and mortar travel agencies are closing is not because of the Internet but because all they are really doing is reselling other companies travel products. The Internet contributed to the destruction of the traditional brick and mortar travel agency but the biggest factor in the down fall of travel agencies and travel agents in the travel industry is due to the fact that they are not selling anything unique or different from anyone else. It’s really a business model established to fail in the long run.

How do you own your own travel product? You can own your own travel product in two different ways.

1. Your business acts as a travel supplier providing tours, guiding, travel and tourism related activities or you own a lodging property.
2. Your business partners with two or more travel suppliers to resell their individual travel products under a unique package that you own.

What type of Online Travel Business do I need to start where I can own my own travel product, sell packages and build a real business?

-Online Travel Agency
-Online Tour Operator
-Online Tour Guide
-Online Travel Broker
-Receptive Tour Operator
-the Hybrid

Let’s discuss a little about each type. There are many directions you can go.

OTAs or Online Travel Agencies traditionally sell everything underneath the sun; including lodging, air, cars, vacation packages, and much more. On a hierarchy level of all online travel businesses, this would be the most expensive and most challenging type of online business to start. It’s doable don’t get me wrong it would just take much longer and be more expensive to startup.

If you second tier niche and focus on contracting your own lodging deals and contracting with activity suppliers you could easily build a smaller more focused OTA. Another option would be for you to utilize the Global Distribution System (GDS) for air, car and for lodging that you could not contract yourself. I don’t recommend this last option as you’ll be just reselling product you don’t own but as long as you can combine the non-owned GDS products with your own contracted travel products you could create a nice win-win for the bottom line.

Online Tour Operator’s sell dynamically packaged trips and pre-packaged trips to vacationers. I believe building an online tour operator business is your best option at building a successful online travel business.

Now let me first state that the name is a little miss conceiving because of the word “Tour.” There is a big difference from a tour and a trip. On a tour there usually is a tour guide or person leading the tour with the travel participants. On a trip the traveler is traveling by themselves or with other people but there is no tour guide involved. In the travel business they call this a FIT trip, Drive vacation or Fly-Drive package.

I favor selling trips, where the traveler buys a tour or trip product then attends the trip by themselves on their own time. The reason being for this is two parts.

1. You don’t have to be the tour guide and you don’t have to hire one either.
2. You have 100% more freedom by not actually participating in the tour itself. Just think of the time involved of actually going on a tour with a group or individual people.

We operated tours when my wife and I owned the Yellow Breeches House Fly Fishing Lodge and B&B. We ran fly fishing excursions with lodging and guiding. Guess who was one of the guides? Yes, you got it. Yours truly. I would not change the past for anything. I learned so much from being a fly fishing guide and owning a lodging property. I just wouldn’t want to run that type of business again. There are much better travel business models out there. That’s part of the beauty about this report is that I am able to share some true life, realities for you.

Sell Trips not Tours. This is the most important thing I can tell you regarding wanting to live the Internet life style and working from home enjoying the freedom that comes from owning your own online travel company. You won’t be living any Internet lifestyle if every week you are giving tours.

Online Tour Guide’s provide tours to individuals and or groups. If I didn’t scare you off from above that’s ok, the tour guide business is a great business and it’s easy to get started with limited investment. This is a great business to enter the travel business and starting learning about how to build a business.

If you love dealing with people and spending much of your time outside then this is probably the best travel business for you. This is serious work, day-in-and-day-out, as you are always outside in the elements. This travel business could be a stepping-stone for you to then go ahead and build an online tour operator business. I have a really good friend that owns a kayaking guide service. He runs eco-adventures that include island hoping for three to five nights. He just loves it.

Let me share a little strategy with you that will totally change the way you build or grow your existing tour guide business. Hopefully by now you’ll already see it and be way ahead of me but if not here it is.

Create packages for your tour guide business that includes lodging, meals and your guide or tour service. You probably sell trips, guiding and or tours as an hourly or day product. Take the next step and package in lodging and meals and maybe a third activity. Sell packages to your clients and you will super-charge your revenue in a very big way.

Example:
Take an existing kayak guide that sells day trips for $250 for 2 people. Now create overnight packages. Create a new product line for your business.

1. Contract with a lodging supplier to buy lodging for your kayak packages.
2. Contract with two local restaurants to buy dinners for your kayak packages.
3. Sell a 2 night, 1-day kayak excursion, with 2-dinners. Make money off the lodging, dinners and a 3rd activity and you can seriously start adding more profits to your business.

Online Travel Broker – this is a new business category I stumbled upon. I believe this is a type of business you could start with literally no money. It’s just a matter of understanding the travel business. Here is how an online travel broker operates.

Every travel supplier needs sales representatives. Your travel broker business contracts with travel suppliers to represent their business and help them sell more of their travel products. Many smaller travel businesses don’t have sales representatives. This may be your entry into the online travel business industry.

Let’s say you live in a resort town or area and there are 4 golf courses nearby or 3 ski resorts. You represent the travel supplier’s products, finding larger partners and or resellers that would resell or distribute your client’s products. This business is just a matter of finding other travel suppliers that need sales representatives and finding larger companies looking for new travel products to sell and distribute. You make money by earning a percentage of all future sales booked or earn a flat fee per contract you sign. This would be a great way to enter the travel business as a part-time business. You could start with not much investment and build out slowly.

Receptive Tour Operators receive inbound travelers from foreign countries. This is a B2B business (business-to-business). You build an Online Tour Operator business but you don’t sell your travel products directly to consumers or vacationers online, you sell your owned travel products to wholesalers or other tour operators in foreign countries that then resell them directly to travel agencies and the consumers in their country. If you live in a world- renowned destination area or region where foreigners come visit you can build a successful receptive tour operator business. The receptive tour operator business takes longer to develop as the buyers of your travel products will be other travel companies, tour operators and seasoned travel business won’t necessarily want to do business with a company that is new or just in startup mode. Adversity can be overcome though, through focus, determination and having an owned travel product that a wholesaler or foreign tour operator believes he can sell and make money.

The Hybrid – build an Online Tour Operator business that caters to individual vacation travelers. After the business starts selling trips and or tours, start building a Receptive Tour Operator business component.

I hope you have enjoyed a little insight into the world and possibilities of the online travel business and what it will take to start a home travel business.