Home-Based Business Idea – 11 Reasons Why Capitalizing on the Word Free is Good For Business

Here’s a home-based business idea for thought – did you know that Famous Amos got rich simply by giving away free samples of his famous chocolate chip cookies? Here’s 11 ideas for giving things away for free that can greatly increase your business profits.

1.) Free is the best form of advertising. People are naturally attracted to the word “free”. If you cannot give away free samples another form of free is the “puppy dog” approach. Like a sports car, let a “qualified” prospect take it home for a day, like a new puppy and let them fall in love with it.

2.) Seeing is believing. Sometimes you cannot explain in words to people how great something is. You just have to show it to them to get their attention. Show people how great your business idea is by giving them a free sample.

3.) Giving away freebies lowers peoples defenses. It’s easier to give something away than it is to try to sell something. People don’t like to be sold. It triggers their natural radar defense mechanism.

4.) People love to give their opinion. Do you have a great idea for a product? If possible, ask people to try it out so you can get their opinion on it.

5.) With the right product, you can make up small samples that are dirt cheap to produce. This means advertising can cost you next to nothing.

6.) The best form of advertising is word-of-mouth. If people love your freebies they will tell all their family, friends and associates about them – especially today with text messaging, Face Book, My Space and all the social online stuff going on.

7.) The best lead you can get is a referral lead. Giving away freebies can let others do the selling for you. And by highly recommending you, your product or your service, prospects will be pre-sold on you and your company.

8.) By giving away free stuff you’re building friendships. You’re not just building business relationships. You have the chance to build lasting friendships with people. This is a more relaxed way to work your home-based business.

9.) Giving away free stuff allows you to have more fun with your business. And when it’s fun you are more likely to succeed. Giving things away is less stressful for you and the prospect than trying to sell them something.

10.) Free done right, can be the most powerful form of advertising. Always try to include the word “Free” in all your advertising. It’s still the most powerful attention-getting word. Free can create a lot of “buzz”.

11.) Most importantly, giving things away for free creates a great way to follow up or get back with prospects. Statistics prove that with any home based business idea, 48% of sales people never follow up with a prospect and that 80% of sales are made on the fifth to twelfth contact.

Now you know how to get all the free advertising and free leads you can possibly handle to launch your home based business idea successfully. Free advertising and free referrals are the most powerful ways to grow your business. These two things can be done easily through giving away free samples of your precious products. Now all you need to do is look forward to making money hand over fist!

Best Home Based Business Ideas – Top 10 Ideas For Getting Big Success Online

Although the hardest part of getting started on the internet is finding the right business, every successful business owner starts with someone coming up with the right business idea at the right time. So you just have to be alert while finding one such business for you and the best home based business ideas to get success online. See that you select the opportunities on the internet that have reputation. After starting in the beginning, you can stick to what is working for your business owner. But it is a good idea to test your business by doing some research and trying new strategies on your own for taking your business to higher earning levels.

There are two categories in general: People who fail to make money on the internet and those who are successful. Most of the people fail because of the lack of planning and skills. Convenience is the primary reason why people are diverted towards surfing on the internet. Survey shows that the kind of the products that sell best on the internet are those that either increases knowledge or fulfill customer requirements.  Hence the success of your business will depend upon selection of the right product or service that will provide wanting benefits to the customers.

Here are the best home based business ideas that can help you to fall into the category of successful people:

1. Build a theme oriented website having various business options for opportunity seekers in general.

2. Find a niche and target markets where people are spending money.

3. If you don’t have your own product, join affiliate programs and sell other peoples product.

4.Find the home based business entrepreneurs who have experience, so that you can use their recommendations efficiently.

5. Write review of products including their benefits by creating pre selling web pages, as people go online searching for information before buying products.

6. Add a sign up form to your pre selling web pages and promise to give freebies to those who will give their name and email addresses. This will help you to build your big list of subscribers.

7. Provide useful online information to the visitors by writing articles. This will increase meaningful traffic to your website on a consistent basis.

8. Dedicate more time to recruit prospects, as most of the people in your downline are not going to do anything. Only those that are serious will contact you.

9. Help your downline to build their own system.

10. Add multiple income streams to your website to ensure that your monthly income continue to grow.

Unless you have the best home based business ideas to know from where to start and how to dominate, it is difficult to set a good foundation for your business. If you’re still searching for a good business on the internet, then pick up the right business for you without wasting time, depending on your passion.  To begin with find one that fits your talent and your budget. Know your audience and stick to it. The sooner you do, the sooner you will be on your way to get what you want in life.

How to Choose the Right Home Based Business Idea For You – 8 Tips

The number of options available for a home based business idea can be overwhelming. Many established true home business models have potential for success.

The most appropriate business model depends on the essential skill sets and resourcefulness of an individual. Passion and desire for the same can generate regular income and thereby improving the lifestyle. Initial ventures can be carried out without the risks or heavy investments. Home based business models require concentrated efforts and hard work to generate profits.

Financial necessities and investment requirements must be adequate enough to establish the desired business model. Networking skills and ability to learn from the leaders in the same business will prove fruitful for long term growth.

The following pointers can serve as a guide to choose the right opportunity:

  • A special talent for a certain activity which provides personal joy and fulfillment can be pursued as a home based business. Example: A passion for words can propel a work from home career as a freelance writer.
  • A business plan must be decided with the criterion of time. Certain ventures require commitments and regular deadlines to act upon. Success and business profits are proportional to the extent of dedicated efforts.
  • Individual ability like selling skills and networking potential has to be acknowledged. Product and service based business models require extensive marketing and communication work. The ability to connect to people can never be ignored.
  • Personality characteristics like temperament and educational training can provide cues to choose business models from a known area of expertise. Previous experience in the same functional area can be an added advantage.
  • Areas of interest and leisure activities can indicate professional strength and weakness of an individual. Marketable activities that can work as a business model can be pursued. Example: Craft work associated with high creativity can involve pottery and ceramic products.
  • Professional qualification and expert knowledge can enable an individual to provide home based consulting services. This should be accentuated by high demand for the service or product like in every business model.
  • A home based business idea must work to provide for an existing market demand and must have sustained long term viability.
  • Lifestyle factors like ability to travel, financial resources and market conditions have to be considered as primary determinants.

A complete business plan must be prepared which is inclusive of all factors and growth determinants. The financial resources earmarked for the venture must work and provide for the business until there is generation of profits.

Opportunities for growth, risks and difficulties must be tabulated and studied in depth with the research material. Acknowledgement and assessment of competitors can take away fear of uncertainty associated with home based business ideas.

Darrell Lischka

Looking For Home Based Business Ideas?

Where do you start when looking for home based business ideas? Sometimes this very thing stops home business seekers in their tracks. I know it did me. Years ago, when I first started thinking about starting a home based business, I couldn’t get past the “what can I do?” question.

A good place to start is to take inventory of the following.

o Interests – what interests do you have that could be turned into a business?

o Knowledge and skills

o Education and experience

Write down all that comes to mind in all of the above categories. Then see if there is an overlap in anything. Maybe one of your interests is photography and you have done some courtesy photographing of family and friends. Could you take your experience and interest and turn it into a business?

Next, you need to do some research on your home based business ideas and find out if what you would like to offer is something people need and are willing to spend money on. There are some areas that lend themselves to people who are seeking free things – stay away from those.

If you want to offer your services/products locally, think about what group of people would be interested in your business and where you would find them.

If you are thinking of an online business, check out how many online searches there has been for what you want to offer. You can use a free tool, Google Keywords to check this out. Join some online groups or forums in your niche and be aware of what people are talking about and looking for answers to. Yahoo groups are a good place to start. You can also go to Google, type in your niche + forums and join some of them that are active.

When looking for business ideas, be a good listener. Notice what others are talking about and the concerns and challenges they have. Can you provide a solution? If so, you just might have a winning home based business.

One of the keys to finding home based business ideas that you will really enjoy and profit from is to put to use your assets (interests, skills, gifts, knowledge, experience, etc.) to solve problems or challenges for people. None of us like problems or challenges, and will gladly pay to have them taken away.