- A market
- A product
- A website
- Traffic
Your market is where your customers are.
Your market may be farm equipment buyers or people who collect birdhouses or chocolate lovers.
You need to know your market before you need to know your product.
Your market determines what products they want to buy, how much they are willing to pay for them, how they want the products delivered and so on.
Then you need a product or line of products.
You can create your own products, sell products that you have purchased at a lower price or sell products of others on a commission basis.
There really is no right or wrong way.
Just pick the product sourcing method that is right for your home business and for your goals.
Next you'll need a website.
Most online home business owners have a website.
There are ways which you can get by for a while without a website, but if you are planning on building a long-term, profitable business you will need one.
You can build your own website, hire someone to build it for you.
Some companies provide you with a simple website to market their products and some will provide you with a very sophisticated sales funnel to sell their products.
This increases the profitability of your business while removing any technical barriers you may encounter.
Lastly, you need traffic.
If you are not proficient in marketing your home business online then you will need to learn some marketing skills.
If you do not develop marketing skills your business will go nowhere fast.
I have chosen to market high profit products using one of the most cutting edge marketing platforms in existence.
This company has also taught me the marketing skills I needed to build a serious, long-term home business online.
Click on the link below right now and see the system and products I use in my business.