People around the world are looking for ways to protect themselves and their families from being infected by swine flu. But it seems most of them didn’t realize that their income will also be largely affected by it.
One thing for sure, you could avoid being affected by staying away from public areas as much as possible. The fact is that the economy is down and people are looking for different ways to generate income. Many of them could think of finding another job to earn extra cash.
But swine flu comes. One thing you can do to both protect your body and you income is to stay away from public areas like working places and work at home. To start your own business, for example, doing online business, is definitely a smart choice.
There are lot of online business opportunities you can start with. Althoug some of them are scams, you will find some good and legal online business opportunities which will substitute your regular income.
There are three common online business opportunities:
1. Affiliate business
Pro: Usually you don’t have to purchase the product before enrolling its affiliate program. Commissions are vary from 8% to 75% of each sale you make.
Con: Too many competitors. You really have to compete with thousands of other affiliates and the merchants as well. Unless you are a super marketing guru and doing very well in online marketing, you could barely make any profit by doing just affiliate business. Because only 3% of affiliates are dominating the market and sharing 95% of total profit in any affiliate business.
2. Sell own products
Pro: You will have a lot more channels to see your products. Before eBay and Amazon are quite popular. Now there are ClickBank, PaydotCom and more.
Con: The competition of selling your own products are as high as selling affiliate products. For example, people can now access to much free information to create ebook within one day. There are many duplicate content because of that. So customers are getting more and more hesitate to buy one product even if it is a unique one.
3. A good online business program
Pro: Usually you can tell whether that business program is legal or not, simply by checking its pay plan. If it does not require you to invest money first to make money, chances are they are decent business opportunities.
These kind of business programs allow you to build your residual income business. You’ll get benefit from it so that many others are getting benefits as well. To share good things is a common character of humans. These online business opportunities even reward you for referring their programs to others. That’s the big advantage of these online businesses.
Con: You still have to learn how to do the business and promote it. Fortunately people in the same business are more willing to help you because they will be greatly rewarded for doing so and making you successful. You couldn’t make big success without teamwork.
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