Business Ideas

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Adding Value to Customer Transactions

Written by Marc on April 16th, 2014 with 2 comments

Add Value to Customer Transactions One of the easiest ways to increase your business income is to increase the value of your transactions.  In many respects this should be common sense, but let’s take a moment to delve deeper into this subject.

When you consider your customers are already warm prospects, you should try to add value (and therefore increased revenue) to every transaction.  Chances are that you have already experienced this type of behaviour during your personal interactions with other businesses and if you are not incorporating this strategy into your …

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Working with Proven Business Models

Written by Marc on April 20th, 2012 with 2 comments

Proven Business Models Like Franchises Can Provide Great Return on Investment.When it comes to launching a business, you have many options including creating something completely new or working with established business systems and models.  What I am talking about here is the “business in a box” style company where the products, market research, and business systems have already been established.  A classic example of this would be a franchise – the idea here is that most …

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Reducing Distractions with a Work Computer

Written by Marc on July 23rd, 2009 with 1 comment

working-on-laptop I know that one of my biggest challenges with my online business is staying focused.  The problem for me is there are many different distractions like Facebook, checking email, or keeping up on the latest news on Twitter.  Though these tasks are interesting, they also reduce my ability to get some useful work done in a day.

So, I have decided to purchase an Asus EEE PC which is a netbook computer.  If you aren’t familiar with what a netbook is, you can think of it as a really small laptop (10” screen in …

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Niche Research Without Using Keyword Tools

Written by Marc on June 6th, 2009 with no comments

I know that pretty much every website that you will read will tell you that you should use keyword tools to do your research.  Some of the more common ones that come up include Wordtracker, Adwords external tool, and a few others.  These tools do provide valuable advice and can be a great resource to find a niche for your next site.

But you can do keyword research without keyword tools.

I know that this might be a little bit against the grain, but hear me out.  You see, lately I have been working on creating some niche store websites.  Specifically, these are eBay affiliate websites and they will just be another income stream in my business operations.  …

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Niche Domination Tactic: Locally First then Globally

Written by Marc on February 26th, 2009 with 2 comments

leader in your niche If you have any niche (topic centered) websites, chances are that you have done some niche research.  Usually in these instances, you are looking for topics that have good monetization abilities and low competition.  I know that I have done research this way myself, and for the most part it works really well.

But, I would say that this method isn’t the easiest way.  Most gurus and other online experts tell you that this is the way to go, but let me share with you a method that I …

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Slow and Steady Wins the Race

Written by Marc on January 19th, 2009 with 1 comment

turtle One of the biggest challenges that new business owners face is to curb their expectations of an instant windfall.  Many of these owners will give up on their business prematurely since they figure that it just won’t work and therefore they quit.

A good example of this phenomenon would be the dot com craze of the late nineties.  It was much like the goldrush of many years ago, and many people looked to the Internet to make a quick buck.  But when the dust cleared, many didn’t make their fortune and turned their backs …

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Best Customer Service Ever

Written by Marc on December 30th, 2008 with no comments

One of the big things that you should be focusing on with respect to your business is customer service.  In fact, your dealings with your customers are the lifeblood of your business, and if you neglect your customers, you will quickly see that your business doesn’t exist anymore.

Now, I am not going to make some sort of lecture about what your should do with respect to your customer service needs.  That is not what I want to talk about right now – instead of complaining about customer service, I actually want to praise one company that impressed me this week.

Yesterday, I received a phone call from GoDaddy.com.  Now, they are a domain registration company (if …

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Diversification Essential to Succeed Online

Written by Marc on October 24th, 2008 with 1 comment

I know that there is a lot of talk about diversification when it comes to investing in stocks or mutual funds.  But when it comes to business (specifically online business), it seems that this subject is quite often overlooked.

There are many people that will tell you that the way to succeed online is to create a site, optimize it, and market it and the money will come.  Now, I suppose there is a possibility that it could happen that way (take for example Facebook.com as an example), but chances are that it won’t.

Unfortunately, it can sometimes be hit or miss when it comes to the success (and revenue) that a website will generate and that is …

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Testing Markets out with Squidoo

Written by Marc on October 17th, 2008 with no comments

I know that I have talked about Squidoo.com quite a bit on this blog over the past few months.  There is a good reason that I am talking about it, and I would like to share it with you today.

You see, the biggest challenge for most of us who are building websites is that we just don’t know if a certain idea will work or not until we try it.  I suppose that this is something that is true no matter what your business is, but it would be nice to test out a market before we made any investment of capital into it, right?

Well, Squidoo lets you do just that: you can pick …

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Creating an Online Business with No Budget

Written by Marc on September 1st, 2008 with no comments

One of the biggest hurdles for some people with respect to starting a business is finding the capital to make it happen.  The problem is that most people don’t have much in terms of savings or other money to spare, and the thought of shelling out a lot of money to invest in a new business venture can be a large hurdle.

But thanks to the development of Web 2.0 sites, that is no longer a problem.  Quite a few of these Web 2.0 properties allow someone with no money to earn their first dollars online.  Sure, there is a bit of a time commitment, but beyond that, no money is required.

A good example of these types …

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