List Of Colleges For Online Business Degrees
Online business directories are a very popular place to advertise a business. Lots of people have found many ways to run a successful (profitable?) Online business, I have personally made a decent living selling items and information on a ‘popular’ auction site but the method(s) I have learned are only a few and I am currently still looking to learn other methodology and processes.
As a result, the profit margins are incredibly low and don’t justify the time and money you’ll have to sink into the venture — especially when you consider the fact that people can just as easily find the same product on Amazon (and for much cheaper too).
For example, Amazon affiliates can potentially rake in obscene amounts of commission dollars if they work at it. Simply sign up as an affiliate to sell a company’s products using your special referral link, and you can get a commission for each product sold without lifting a finger.
To identify your ideal customer, simply consider the type of people that would be most interested in your product or service and have the financial ability to purchase it. In many cases, this is more art than science, but a Google search for consumer trends may reveal useful information.
That is, if you were to open a storefront business of any kind, unless you have a good marketing strategy, a good location, a product that people need and want, a handle on what your competition is doing, and the financial resources to stay the course (usually 3 to 5 years), you’ll probably struggle just to have enough money to pay your rent never mind enough money to live on.