A lot of free online business directories are getting full attention right now because a lot of customers are getting several benefits from it due to the fact that they hold a compilation of information for different businesses. However rampant these online directories are in our time today, many small businesses still cannot afford it because almost all of them are requiring payment. Given this fact, the question now is despite being required to pay a certain amount, why should people still depend on these directories?First of all, these online business directories are a very good form of advertising for a lot of online businesses out there. Even though the business is just a small one and is just starting out, the fact that a lot of people look into these directories daily already increases the chance that these small businesses will receive more traffic. The job of attracting a lot of people will already be done by these directories given the fact that many people consult them; the only thing you have to do is back this up with interesting enough advertisements to succeed in convincing people to check out your online business. In addition, people will have the liberty to place in as much links they want in these online directories as long as they can really afford it. These directories do not impose limitations to entrepreneurs because anyone who can afford it can simply do as they please with their links.And speaking of limitations, people who visit these directories are not faced with limited choices of online businesses that are already huge and famous. Either small or large businesses are given an equal opportunity when their links are placed in these online directories. Therefore, if you are an entrepreneur who is just starting out with your brand new business, it is a good idea for you to start with online directories because here, it doesn’t matter how long you have been running your own business as long as you choose a field that generally interests a lot of people. Besides, instead of spending your money just to print out advertisement flyers, you can just save them and use them for other things related to making your business more successful. At least with an online directory, even though you spend a small amount for listing your link, you are somehow assured that people will really see your link because people visit these directories daily. Unlike with manual advertising, you will not be sure that people will be able to find their way to your flyers. Therefore you are not assured that the money you spent will really benefit your business in the long run.For those people who are thinking twice about listing their business link to free online business directories, just think about how your money will be more worth spending on them than on the manual process of advertising. Obviously, these online directories will bring in more profit for your business because of how much people patronize them.
If you are considering venturing into the world of e-commerce or are failing to make any money online, it is worth spending time posing the question “do I have an effective online business model”. So many people are sucked into the world of e- commerce with big promises of making fast cash on demand, without paying proper attention to their business concept and their business model.Any business, whether that be online or offline needs to have an effective business model for it to be successful, it is the very back bone of your business. The following business model is my preferred business model that can be used across many different niches and markets online. It also works extremely well for offline ventures as well, for people who are independent contractors / self- employed.An effective online business model – the three parts you need.The following business model is made up of three parts that work together to form the overall business income, as said before it can be applied in any market or niche.1) Residual Income – This is income that comes to you in the form of a recurring payment over a set time period, usually monthly. This may come to you in the form of recommending people to a particular membership site, can come from continued use of a product that you have already sold to the customer once or even as part of an agreed contract package, all most like a retainer salary. This is income that comes in day after day, week after week, month after month, for work that you have done once.2) Joint Venture or affiliate income – This is where you make sales of other people’s products and you will receive a commission for the sale. It is a one off payment on a per sale per product basis. You could for example sell a training course or guide, tickets to an event, physical products such as books or DVD’s anything really that pays you a commission per sale.3) High Ticket – This is where it really gets interesting and this one concept has the ability to transform your income online and even offline. A high ticket product is something that carries with it a price tag that is four figure or more and is a direct sale to you (i.e. you keep all the profits) or a very generous commission on other peoples products (four figures or above commissions). Typically your high ticket income will come in the form of a product, service that someone considers extremely valuable. An example online could be a business opportunity to join, a membership of a community, a coaching and mentoring package the list goes on. An example offline could be a sports coach selling a large package of lessons and coaching to one individual e.g. a golf professional selling a twenty lesson package instead of his usual four lesson or five lesson package.The above three points I believe are absolutely crucial in creating an effective online business model and therefore a profitable online business. If one or more of the components are out of harmony with the rest then you will find yourself struggling to generate the kind of income you are looking from your e-commerce efforts.To find out more on how you can create your own effective online business model using the above concepts as your road map to success, visit the link below.