Internet Marketing Business Models
There are many Internet marketing business models that in some form provides the highest paying net salaries online.
Simply defined, Internet marketing is nothing more than marketing products and services on the Internet.
It is the process of finding people who are interested in a specific product or
service and linking them to a product or service on the Internet that solves their requirements.
The concept of effective marketing is simple to understand.
If you walk into a crowded room and ask everybody “who’s hungry for Pizza?”.
The people who raised their hands for Pizza, are the interested parties who
comprise your target market.
You can then either provide them with the specific type of Pizza they want
yourself, or link them to a Pizza provider who is able to make them what they want.
The most effective marketers would also determine, who in the crowd wanted which type of Pizza and how much they were willing to pay for it.
There are a number of Internet marketing business models and practices that are used to do this, but the highest paying net salaries are generally earned by individuals using the following three.
- The E-Commerce Model
- The Affiliate Marketing Model
- The Email Marketing Model
E-Commerce is an online store where goods are sold either to individuals or businesses.
You can operate an e-commerce site several ways.
Storefront businesses frequently set up an e-commerce store to sell their products on the Internet and create a secondary source of revenue.
They are already selling their own product or service and are looking to expand their marketing territories.
The majority of storefront businesses already have a physical inventory warehoused in some sort of brick and mortar facility.
Another way to operate an e-commerce site if you do not already have a storefront business, is to sell a physical product on the Internet using wholesale drop shippers.
This e-commerce model is great if you have no physical product to sell of your own.
Sales are made based on product demand.
You market the product and when you sell the goods, the drop shipper delivers the product for you. You then pay the drop shipper their fee and pocket the difference without having to deal with the usual problems of conventional storefront businesses.
Affiliate Marketing is similar the the second e-commerce business model.
The concept of affiliate marketing is to promote other people’s products or
services and when a sale made or a desired action is taken, you earn a commission which is usually based on a percentage of the sale.
Affiliate marketing is where the big boys play and were you can earn some outstanding net salaries.
Many people who have never considered marketing or owning a business get into affiliate marketing at the entry level to make money quickly.
You can promote any type product or service without having to deal with the
inventory, shipping, or customer services problems associated with conventional businesses.
Many people new to affiliate marketing start out promoting digital Clickbank
products.
Clickbank is an online site that offers a huge number of digital products on almost any topic you can think of.
Because the products are digital, the commission schedules which are a large percentage of the sale cost, are quite liberal.
Email marketing is another way to earn six figure net salaries.
The concept of email marketing is to get people to opt-in to your email list.
This can be done in several ways but usually by offering a valuable free digital gift in exchange for the visitor’s name and email address.
A series of email promotions are then sent to the list subscriber over a period of time.
Using auto-responder technology, it is relatively simple to schedule follow up
promotions and sales to list members and build relationships with them that
will eventually lead to sales.
Statistically email marketers earn at least one dollar per month for each person on their list however, there are a variety of factors that can affect this figure.
Targeted email lists for instance, can earn considerably more.
Although there are many other Internet marketing business models, the best way to become successful is to choose just one of the above and master it thoroughly before moving on.
The really successful marketers have learned to incorporate at least two Internet marketing business models to routinely make six figure net salaries.
Unlike the top net salaries, most other jobs regardless of their pay scale also come with a ceiling.
Jobs associated with commission only are usually the highest paying salaried positions, but even they have an upper dollar figure that is hard to surpass.
Athletes and star actors who routinely make millions in salaries may be the exception but for most of us, the odds of becoming a Hollywood star or a top athlete isn’t a realistic proposition.
Some other high paying occupations that many of us aspire to are lawyers, doctors, dentists, politicians and company CEOs.
All of these occupations make six figure salaries and more but without extensive specialized training, they are unattainable to the average “Joe”.
So how does an average person earn a potentially high paying salary?
It may be hard to believe but one of the highest paying careers that just about anyone can learn, can be done from comfort of your own home.
It is career field that is filled with scams, misinformation and unrealistic promises where only the most dedicated workers are able see through the hype to succeed.
Most people who enter this career field fail but those who do succeed earn the top net salaries online.
Making money online, specifically through Internet marketing, is a career that makes many individuals hundreds of thousands to millions of dollars annually.
Countless numbers of people have successful web sites online and many of them earn six figure net salaries and even more.
If you are serious about earning one of those six figure net salaries and don’t mind working hard to achieve it, Internet marketing is one of the best ways that an individual without specialized training can succeed without having limits put on their income.
Although Internet marketing is one of the highest paying jobs there is, success depends on your ability to work hard, formulate a plan of action, execute that plan and improvise as unforeseen obstacles pop up along the way.
More than most careers, Internet marketing is an endless learning experience.
You must be able to sift through the barrage of “make money online” scams that you will face on a daily basis, to adjust to changing market conditions and take advantage of economic downturns that puts most of the country in fear.
If you are “self starter”, willing to learn and have good work ethic, you can be making one of the top net salaries online with Internet marketing.
Making six figure net salaries online or in the job market requires motivation and a sincere desire to succeed.
Nothing in this world can stop you from earning a six figure net salary or even more, if you have a sincere desire to do so.
The recognized income level that brings the most happiness to people is said to be $200,000/year.
Once your net salaries exceed this level, your happiness will begin to ebb.
The government along with 47% of the people who pay no income taxes, have the time to protest wall street and “big business” and who brazenly expect the “rich” to pay more of their “fair share”, will do their best to keep you from enjoying your money.
If you are now making over $200,000/year, I’m sure you have already formulated an exit strategy to hide from the envious 99%.
If you are not currently making six figures and still want to suffer the perils of wealth, you can read on and learn the basics on how to do so.
Here are some of the basics necessary for making six figure net salaries.
Sincere Desire
A sincere desire to succeed is often correctly referred to as passion. Regardless of which term you use, it is an essential quality that you need to focus towards your goal.
Whatever avenue you choose to travel for your Internet business, will require a great deal of dedication and passion if you hope to succeed.
Optimism
When things start to go south in your business and eventually it will. You will need to believe in the depths of your soul that things will get better.
This deep belief is called optimism. It is what drives people in the right direction and keeps them going when thinks look the bleakest.
Optimism, like faith, will make you do great things because you believe things will improve.
A mustard seed worth of optimism like faith, goes a long way. Optimists always find the right direction.
Effort
Six figure net salaries don’t drop out of the sky, they normally require a great deal of effort.
I have yet to meet a lazy millionaire. Long hours, little sleep and dedication all fall under the “work ethic” umbrella.
If you are a lazy individual without a good work ethic, short of buying a winning lottery ticket, you will probably never achieve a six figure net salary.
Results require effort. No effort equals no result.
Education
The more you educate yourself and the more knowledge you acquire, the easier it is to earn six figure net salaries.
The Internet is a goldmine of knowledge. Even if you have had little to no formal education, the Internet can be a great equalizer.
Using the Internet, you can educate yourself on almost any topic under the sun or acquire a formal education if your have the time.
The more you know about your niche topic or market, the easier it will be for you to succeed. Education is knowledge and knowledge is power. You’re never to old to learn.
Personality
Charisma is a quality that makes others hang on your every word.
Depending on what type endeavor you embark on, it’s important that people gravitate to you.
People are naturally drawn to people who have a great personality. People will “want” to help you and will “want” to engage in business with you when you are pleasant.
They will shy away from you if they detect a hint of malice or aggressiveness.
When you are decent and respectful to people, they will respond to you in kind. With all the hate and bigotry in this world, you’ll find that embracing others goes a long way in business.
Attitude
Along with a good personality, comes a good attitude. When you have an “attitude of gratitude” people sense it in your personality and respond to it.
A bad attitude in any business stands out like a sore thumb. It has a negative affect on how people treat you and will prevent you from achieving success in any business.
Outside of starting and running a successful Internet business, there are plenty of ways to achieve a six figure income.
Dockworkers make an average of over $100,000 a year and that doesn’t include benefits.
Most of our police and firemen make over $100,000 a year. Again this does not include their pensions which are worth considerably more.
We all know that doctors and lawyers make six figure incomes and if that doesn’t suit you, you can always run for office and become a politician.
If you haven’t noticed, most politicians enter office broke and quickly achieve the million dollar threshold.
One guy I knew in the military married into money. In his case, the girl was gorgeous but I wouldn’t recommend it as a long term venture.
Starting your own store front business in the right market will definitely earn you a six figure salary but until it gets rolling along, you might find yourself working a side job as well.
The best way to make six figure net salaries is to create a business online in a profitable niche market that has relatively little competition.
A tall order you say! Not really.
Upcoming articles will show you how to do it.
Remember, if you follow the basics listed above, nothing can stop you from earning six figure net salaries except you.
Top net salaries worldwide vary greatly but if you make even the average per capita income of American workers ($47,500), you are considered rich by world standards.
Are You Wealthy?
Net salaries like everything else in this world are relative.
To give you some perspective, if everyone in the country earned over a million dollars a year online, million dollar net salaries wouldn’t be regarded very highly.
Conversely, if everyone in the country earned only $10,000 a year, everyone would consider themselves wealthy.
Every once in a while, to keep everything in some perspective, it’s good to see how we compare to the rest of the world salary wise.
The following average per capita incomes for 2010 were obtained from the IMF and as you can see, the average American per capita income ranks well within the top ten worldwide.
- Austria $ 39,100
- Australia 39,632
- Brunei 47,500
- Hong Kong 45,000
- Luxembourg 80,000
- Netherlands 40,800
- Norway 52,230
- Qatar 88,300
- Singapore 57,230
- Switzerland 41,800
If you were born an American or in any one of the above countries and earned only a mediocre net salary, your standard of living is way above the poverty level and you would be considered wealthy citizens in many world countries.
So what are top net salaries of Americans compared to those of citizens around the world?
How would your expected salary stack up?
The 2010 Internal Revenue Service database numbers provide the statistics that you often hear about in the media, of the top wage earners in America.
Here is how the combined 99% of American wage earners fare in comparison to the top 1%.
50% of Americans earn less than $33,048
The top 25% of Americans earn $67,280
The top 10% of Americans earn $113,799
The top 5% earn 159,619
and the top 1% earn 380,354
When you compare the Top 25% of American incomes to the list of the Top 10 per capita income countries in the world, you will quickly see that our standard of living is considered wealthy in most countries and certainly way above world poverty levels.
2010 FEDERAL INDIVIDUAL INCOME TAX DATA SUMMARY
Top net salaries are based on worldwide statistics and unless your Internet business is focused on international trade where unfair wage practices might be a factor, the wages of the rest of the world never significantly impact net salaries in our country.
The only limits to what top net salaries will be are what an individual puts on them self.
