This morning I scanned my news feed on Facebook, as I do most every morning. I came upon a status update from a friend, something that fits in nicely here on the Virtual Earner blog, so I thought I’d write a little something on the topic today.
So, here is what my friend had to say about online business:
It amazes me at how many people (wrongly) believe how money can be made on the internet, or don’t believe at all money can be made on the internet.
Here is what I think. It’s all about three things: A) Giving people what they want, B) Being able to be found, and C) The right strategy.
I want to tackle the last part first. It seems apparent to me, that you don’t make a million dollars with one website, you make a dollar with a million websites! Of course the milion part is not real, but you should get the point!
What do YOU think?
And here is what I think…
I think that business is business. Business on the Internet compared to business on Main Street is like comparing having a business on Main Street compared to having business over on 12th Avenue. It’s just two different locations. The same practices still apply. The same needs apply. Yeah, there are a few differences, but when you boil it all down, there are a few hallmarks of business whether it is virtual business on the Internet, or if it is a brick and mortar store down on Main Street. What are those hallmarks of a good business?
- Offer value for your customer.
- Offer great customer service.
- Offer fair prices.
Sure, there are other things too, but if you get these three things right, you will experience success. You will succeed, whether your business is on the Internet or on Main Street. You’ll even succeed on 12th Avenue as well! 😉
What I am saying is that there is nothing magical about the Internet. The same rules apply on the Internet as what apply on Main Street.
One thing that the Internet does, though, is that it levels the playing field in many ways. Let’s say you have a grocery store. You can set up a website that equals Safeway’s website, even if you are a small player. You can’t do that in the real world unless you have a ton of money, because Safeway has a ton of stores, and the money to do things that you can’t dream of. But, on the web, you are a lot more equal.
Want to make money on the Internet? One thing is for sure. You can’t make any money unless you actually do something though. Talking about it is not enough.