When you are starting a business or looking into an area to market to it is essential to investigate that market. You are saying ya right I have heard this over and over. So why the internet?
From the reading that I have done to date regarding the internet and the number of businesses and users who use it, I must say it is nothing short of incredible.
The internet boasts some 55 million web sites on line. That number is supposed to hit the 600 million mark by the year 2010 and beyond. It is incredible. And the actual user/buyer base will be well beyond 600 million. Do you understand what this means. That kind of market is astounding. The potential of accessing it and marketing to it is very great.
With some decent regulation and policing that was needed to protect businesses and individuals from fraud, the sky is the limit you might say. So why would you want to market on the internet. Aside from what I stated above that are very good reasons, here are some very powerful reasons that are to be considered as well.
A big one here is the cost to get started. You can put together a very small budget to start with and if you stick to it and stay consistent you will see results. One of the best ways to get started and get your feet wet is to become an affiliate and market an affiliate business or product. This way you can learn a lot of the things you need to know and do in order to be successful online. Once you have mastered some strategies and you have gotten to know your way around you can apply what you have learned to other project businesses of your own creation.
Another very good reason is the amount of people that can be targeted with your advertising. You would be hard pressed to get hundreds thousands or even millions into your hardware store in a month or your candy store or pet store. But an online store could have millions visit it in one month.
And then there is the selling factor or face to face networking with potential customers. A lot of people will not take the step into owning their own business because they can not or do not do well marketing or selling to other people. So the internet is a great place to build a presence that does not rely totally on ones selling abilities alone. In fact some people might build a presence that reflects a personality that they could otherwise never pull off face to face with a customer.
One of the best reasons which goes along with the small budget aspect is that you can test your ideas quickly and inexpensively on the internet. This is key because you do not sink a lot of your money in until you see that it will work.
So the point is that the internet is a very large (and getting larger every day) arena for business. It is dynamic and fun. It takes work like any thing else worth doing and the potential for success is huge and not just monetarily either. It is a great place to share information and ideas too.
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