Home Based Business Ideas – Attract Targeted Traffic That Produces Sales

When you build a web site you have to send targeted traffic to it. It is targeted traffic that will translate into sales. There are a number of home based business ideas that can help you to drag people to your web site, just like sheep to slaughterhouse. Some of the targeted traffic generating ideas will require you to pay, others are free. The following list of home based business ideas to attract targeted traffic is by no means exhaustive. You may want to add a few more.

  • Free contests where people win valuable items will make your site loved. This is a basic need of human nature that you can exploit. The important thing is to make the contest regular and predictable.
  • Consider adding a forum to your web site. People love discussing issues with likeminded people. A forum will mean added responsibility on your part. So be prepared to set aside time to moderate the forum.
  • People want to be updated with the latest information. Offering the latest news on developments in a chosen niche will boost your chances of attracting targeted visitors.
  • Chat rooms are becoming popular with an increasing number of people. Creating a chat room and allowing other websites to link to it will result in more visitors to your website.
  • Bonuses will help pre-sell your customers. Remember to indicate the normal value of a bonus item as that will heighten people’s appreciation for it.
  • Visit the best news channels to find out the best fonts and size of text for your home business website. Large companies spend thousands of dollars testing what works best. You will be surprised at the difference this makes to you sales.
  • Include hard evidence on your home based business website to back up your claims. People are becoming very skeptical about online offers. This will increase the stickiness of your web pages encouraging your visitors to stay longer at your home based business web site and hopefully buy your products.

The above list gives you some home based businesses ideas on attracting targeted traffic to your website, with potential to turn into sales. Just taking one of these ideas and implementing it may result in more targeted visitors to your website and thousands of dollars in sales. You can also improve the suggested home business ideas before you implement them, which can make them even more valuable. Some internet marketers have been able to build successful businesses on just one of the above ideas. It would be a mistake to ignore or underestimate them.

Home Based Business Ideas

Truthfully, there are so many home based business ideas out there that it would take all day to write about them all, so I’ve decided to just focus on what I consider to be the best. My personal favorite home based business idea that I think is the most relevant when it comes to building your home based business in this day and age…

Using the Internet.

The internet has been around for well over 15 years but it is still a reasonably untapped resource when it comes to marketing your business.

And the truth is, out of all the people who are marketing on the internet, 90% of them have no idea what they are doing. Which leaves a 10% margin for serious entrepreneurs to really excel.

But hold on a minute!

If your thinking you can’t be one of the 10% of home based business owners that are doing amazing things with their businesses on the internet…You’re wrong. With the right training and a little hard work and willingness to learn some basic skills, it really isn’t as hard as you’d think.

The internet seriously is the place to be marketing your home based business opportunity because you’re marketing it to the the people who are already thinking about owning their own business.

I mean think about it, nowadays when people want to do research and find out information about something or more importantly, an mlm business opportunity, they don’t wait for a flyer to land in their letter box or check all the pull-tabs on their local notice board or wait for a family member to join with a company and hope that they get asked to join. No. They head straight to the internet and do their due diligence.

And that is where they will find you, happily waiting to sign them up.

It really can be that simple once you know what you’re doing. Especially with all the different ways that you can use free websites to your advantage…

Sites like Facebook, Twitter, MySpace, YouTube and other video sites, Ezine and other article sites, forum sites and that’s just to name a few.

I know of one lady that gets 25-50 leads a day, strictly through Facebook. Imagine that. Most home based business owners using traditional methods don’t even generate 50 leads in an entire year.

Like I said before, all it takes to start growing your home based business online is learning a few new skills and putting them into action.

Home Based Business Ideas – Feasibility of the Business

Given their popularity, there are zillions of home based business ideas that you can find floating around in the market. The question to be asked here is whether these ideas are actually feasible for you and for the market.

Since a home business start up does not require huge financial resources, there is little room for error and small mistakes can make you end up with less money than what you started off with.

Feasibility analysis is an important part of all businesses, big and small, since it helps the entrepreneur in formulating effective strategies for business operations.

Market feasibility

The first part of your feasibility study is to check out whether or not the market is ready for the product you are offering. If a particular product technically does not serve the needs of your prospective customers, you might want to think twice before marketing it.

Also, you should know what kind of audience you are marketing to. Some products can work for all age groups while others may cater to just one particular group like kids or teens or even senior citizens. Home business ideas do not necessarily fail because they are not good enough. Some ideas can fail because the market is not conducive to them at that point in time.

Personal feasibility

The market alone does not decide if an idea is feasible for you or not. You will need to also consider your limitations and resources wisely while conducting the feasibility study of any business. For instance, you can make plans to earn 10,000 dollars in the first two months of your startup. However, to be able to achieve that amount of income, you will also need to invest a much higher amount. Business ideas that you choose, are centered about your personal commitment. If a particular business opportunity needs you to work for 18 hours a day in order to be successful, it means that you are essentially cut off from your other commitments, which makes the idea not feasible.

Competition

Whether or not a particular business idea is feasible for you is also, to a certain extent, decided by the competition in a specific niche. If there are already a lot of players in a particular market, then you will need to come up with a really unique idea to make it feasible for you.

Feasibility report

Before you start out with your home business, it is always a good idea to have a feasibility report prepared. You can either do this yourself or hire the services of a good consultant to do it for you. Consultants will be able to give you a thorough report which is normally prepared by using surveys, web seminars and the Internet.

Home based business ideas can be successful only if they are implemented after considering all the factors very closely. If you have taken enough measures to ensure that you can stay in the market, there is no reason why you won’t have a satisfying experience.