All one has to do is surf the Internet and you will see all kinds of business opportunities that claim to make money on line with 10 to 100 streams of income with little or no effort.
If you have been involved with any of these opportunities you might have realized that with the amount of time and cash flow required to make money on line developing something like this was not really paying off. Advertising costs alone can sink you fast.
Lets examine what true multiple streams of income are. You must first have customers filling up their shopping cart and then checking out or paying you for a service, no matter what kind of business you own if you are going to make money on line.
If you understand that one customer represents one stream of income. Common sense tells us that the more customers you have, increases your potential to make money on line. However this doesn`t guarantee that all customers will return to make future purchases.
This is typical in any business. You do realize that you only need a percentage of repeat customers to create multiple streams of income. What that percentage is has several variables. The most important one is what you are marketing to make money on line. Is it a product or service that appeals to the masses and is it consumable.
Consumable products don`t have to be a type of food, drink or nutritional product, it can be information used to do continuous training. However you do want to find something that will be reordered on a set schedule whether it be weekly or monthly in order for you to continue to make money on line .
Jack Shea
Future SEO Master
Skype jmshea2
509-301-1079
No comments:
Post a Comment