Why Have An Internet Marketing Business?
"The Internet Gold Rush is under way" Bill Gates, chairmanMicrosoft Corporation.
Early settlers understood if you are going to build acommunity, build it near a permanent, abundant source offresh water. And that's why in all countries around theworld, communities were built around streams, rivers andlakes. That's good common sense.
Now let's apply that same wisdom to developing a business.
If you are going to develop a work from home business, develop it near a permanent (or long term), abundant sourceof cash flow. You'd agree with that wouldn't you? Againthat's good common sense.
More succinctly, you identify where huge amounts ofmoney are being spent in a growing industry with good longterm prospects.
The Internet complies with these criteria better than anyother industry in history. Gold, silver, coal, oil, LPGhave all been massive industries but you either had toleave home to stake your claim, invest more than theaverage person could ever afford before even seeing yourfirst dollar, the resource dried up and the opportunityended or the industry became obsolete.
If current Internet and e-commerce trends continue, which atthe moment there appears to be no reason why they wouldn't, indeed a new age in consumerism has arrived. The statisticsspeak for themselves.
[U. S. online retail sales are expected to reach $65 billionin 2004, and will continue to grow by a compound annualgrowth rate of 17 percent through 2008 to top $117 billion, according to a report issued from Jupiter Research.
"Market Forecast: U. S. Retail 2004-2008," the growth inonline retail will be due in part to new online buyers, notjust veterans, who have come to embrace the medium. Jupiterexpects that the online buying population will grow by 14percent in 2004, representing 30 percent of the U. S.population. By 2008, one-half of the population will makepurchases online.
Online retail growth will be fueled by another factor:increased average spending per buyer. In 2004, onlinebuyers are expected to spend an average of $585 person, upfrom $540 per buyer in 2003. That trend in higher spendingis expected to increase over the next five years: Through2008, average spending per buyer will be close to $780 perbuyer.] Taken from an article by Laura Rush, Clickz. com
They are extremely promising statistics and the implicationsfor those of us who are creating an Internet presence noware profound. If you are able to develop an effectiveInternet marketing business now, your income could grow ata compound rate for the next several years.
There are additional reasons why now is the perfect timingfor starting an Internet marketing home business:
Building and developing web sites no longer requires you tolearn HTML code. There are several software products thatmake building web sites easy and enjoyable.
Making your site available on the Internet for other peopleto visit is very cheap. For example, buying a name can costless than $6/year (if you know where to go, see cheapdomain names) and having it available on the Internet cancost as little as $7 to $8 per month or even cheaper ifyou're prepared to settle for lower quality standards.
You have immediate access to a world-wide market; over 729.2million (March 2004).
If you sell a digital product distributions costs arepractically zero (amazing isn't it!)
Profit margins are very, very high; levels unheard of in thetraditional business world.
Your number 1 salesman (your web site) will never take aholiday, working day after day 24/7 for a little at $8/month!
There is no better time than now to begin your business andchange the course of the rest of your life. Every journeybegins with the first step but no one can take it for you.
Take action now.
Written by Murray Hughes