Do you have any experience of the Internet? You probably have and now that you are retired you can use the Internet to your advantage. There are millions of transactions taking place online every day and you can be part of this. Learn how your online business could provide you with as little or as much additional income as you want.
You need to be prepared for your online business as just diving right in is very unlikely to provide you with the results that you are looking for. Yes, you could purchase an online business opportunity and follow the plan that it recommends, but what works for others may not work for you.
You will read throughout this course that you need to treat your online business as a “real business”. This means that you will need to make an investment to present the right image to potential leads and customers. The good news is that the investment required is very small.
The most important thing about starting and running a successful online business is visitor traffic. Never believe that when you set up your website that visitors will just come to it. There are billions of websites on the Internet and you need to drive traffic to yours. Here is a reality check for you:
No traffic = No income
The most common reason why people fail with their online businesses is that they do not get enough traffic to their website and their offers. They are lazy when it comes to traffic generation and expect miracles. In this chapter we will explain the different ways that you can generate traffic.
Affiliate marketing is one of the easiest online businesses that you can start. If you are unsure what affiliate marketing is, it is basically where you promote someone else’s product or service and they pay you commission each time a sale is made through your promotional efforts.
The biggest drawback with affiliate marketing is that you have to share the revenue generated with each sale with the product owner. Another disadvantage is that you do not own the customer so you cannot promote other related products to them.
You can overcome these disadvantages by creating your own products and services. Here you will keep all of the sales revenue (unless you have affiliates promoting for you) and you will own the customer so that you can promote other offers to them.
There will always be a high demand for certain services. The good news here is that you do not have to deliver these services yourself. Let's take a look at some of the most popular services that customers are looking for these days.
We have some other ideas for online businesses for you as a senior or a retiree. These are good ideas and people have made them work so you need to decide if they are right for you or not. So, let’s get straight to the ideas.
Here are the best practices that we highly recommend you follow to choose the best idea for an online business and set it up for success. By following these best practices, you will give yourself the maximum chance of success with your new online business and make the income that you desire.
Now that you have a number of proven online business ideas and the knowledge to set everything up correctly and how to drive traffic to your website it is down to you to take action.
About the teacher
Eric is the Founder of the Baby Boomers Academy a division of Above the Sun Consultant Group Inc.His experience online includes managing and overseeing virtual global offices and entrepreneurs in countries around the world. Eric is a growth-focused visionary, with many years behind the wheel of leadership in Senior-Level Management, Operations, Team Building, Client Relations, and Information Technology. Eric is now offering his expertise via Master Classes, Private Mentoring Sessions and Online Courses for anyone wishing to create their own successful online presence.If you want a real, value-based, sustainable business - if you want to escape the frustrations of chasing from one online marketing fad to the next, then you’ve come to the right place!