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Saturday, January 3, 2009

Ways To Turn Your Internet Based Home Business Into A Profitable One

By Cynthia Minnaar

Due to the fact that many home internet based businesses do not have a plan in place to generate targeted traffic and convert those website visitors into paying customers is the reason they are not profitable.

To become more profitable with your home internet business here are five things that you can do.

1. Many Internet marketers make the mistake of focusing on features and not benefits, so create a marketing plan that concentrates on the benefits your potential customers will receive.

Benefits are what your product does specifically for your prospective customer, whereas features are what your product has. Put yourself in your customer's shoes when you plan your online advertising and focus on benefits which will turn a website visitor into a buying frame of mind.

2. Go the extra mile and set up a web page to pre-sell your prospect on what the product offers before you ask them to buy, instead of doing what most internet marketers do which is spend a lot of time selling when a visitor arrives on their site.

A website visitor customer needs information to put them into a buying mood, hence the reason you see so many pre-sell and review web pages written about affiliate products today. You can use the same strategy to sell your own products more online whether you are an affiliate marketer or not.

3. Be sure that the products you are offering are currently in demand. There are certain markets that people will always spend money in and you need to be offering these products to ensure long term success.

An example is Golfers, who are always trying to improve their game and will spend a lot of money doing so. Others that sell well online daily are diet and weight loss products. Information products that solve a problem are a potential product in demand.

Keep your eyes peeled and look around you to see what is in demand. Check the bookstores for the best selling books and have a look at what is being advertised on the TV.

You can find out what people are searching for with the top search engine by using Google Trends. You need to sell more online by offering products that are currently in demand in order to become more profitable with your home based internet business.

4. By offering multiple ways for your customer to pay will increase your profitability. Be sure to offer PayPal as this is a fast way to process payments and they accept major credit cards too. It is a good idea to offer a second payment processor to cater for those who are unable to use PayPal. You can also allow people to pay you by check, bank wire or COD if your product lends itself to this type of payment processing. In order to sell more online you need to make it easy for people to do business with you.

5. You home internet based business will become more profitable when you start advertising your products in multiple ways. You need a broad advertising campaign to attract targeted traffic otherwise you will never increase your profit.

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Cynthia Minnaar runs her own Internet Based Home Business full-time from home. She invites you to subscribe to her free Newsletter and receive free internet income training.