3 New Online Businesses You Can Try When You're Out of Ideas


by Jamal Dohan

Almost every person stuck in the offline rat race has had at least a couple of fantasies about running all of their own businesses online so that they can get out of the drudgery. But the eternal question for most of them is what to do. The kind of business you decide to go after is an incredibly important decision and a lot of people find it incredibly frustrating. For the most part, people choose one of two options: affiliate marketing or the creation and selling of unique products. You can also choose between selling or providing a service. You need to go with what is in your heart because if you do not, then that will cause problems way down the line.

This is a great way to use other niches both to promote the niche in which you work and the business you operate. The one trick to making this work is you have to do research and follow some criteria. You need to find niches that are related in some way to yours, and they have to be close enough so the people in those niches will want your product or service. Your job, then, will be to build Facebook pages filled with original and relevant content that target those various audiences. First of all, you need to give them really good and useful information that will help them out. You can then expose them to your business and sites, etc, or capture leads.

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Testing in marketing and advertising is the foundation for real success on the net. But most marketers never do it and many larger businesses do not, either, and they have little clue about it. For this, you are going to be a split testing expert which means you need to learn quite a lot about copywriting. The whole reason to do split testing is to increase your rate of conversion. In this situation you are going to offer a "conversion rate consulting service" and teach businesses how to increase their conversion rates. It's not hard to pair this sort of consulting with other sorts of consulting (like site usability).

If you are hoping to get involved in the really competitive niches you can do this relatively easily. The idea is to take a later approach to them instead of one that is head on. The goal should be to pick niches that interest you, do your research and then find some sub-niches in which you can publish good content. What you need to do next is build an eBook or a series of videos about the sub-niche or the content and then start marketing. What you're going to do is come at it from a new angle--using a different approach to go after the same audience.

Maybe as you've gone through your learning curve you've heard of the idea of using Other Peoples' Money (or OPM) for a variety of business needs. This is a principle that has withstood the test of time and has been responsible for generating quite a few incredible fortunes. This article has covered some similar ideas that all employ the concept of utilizing leverage. Hopefully now that you know more about using leverage you'll be able to get out there and make a major difference.

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