marketingwarrioress.com

Finding the right home business model on the Internet
may or may not be a lot of work. There is no surefire
way to make money, but that doesn’t mean people will
stop trying.

People are finding ways to experiment with new
strategies and are trying to find business models that
actually work for what they need.

The answer is really a no-brainer : If it
doesn’t work, fix it. If your business model is not
working for you, change it. If you are not seeing the
profits you should from your current model, it is time
to change things.

Many businesses have gone through this sort of
change. With more and more people conducting
business over the Internet and more people using
mainstream media, it is only smart to change what no
longer works.

If the tires on your car won’t get you to where you
need to go, then it is obvious that they should
be changed.

Slow sales and slower uptake of online offerings have
forced many companies to focus on their core
competencies.

Companies are now aggressively marketing their services
to companies who need streaming media. Now many businesses
have taken their focus off of hard advertising and are
focusing on media advertising.

They were forced to change their business models or
could have suffered greatly, some even risking
going out of business.

It is very important to have a good business model set
up when going into business for yourself. Learn from
the biggest and most profitable companies.

Find Classic Movies, Collectible Dolls & Barbies,
Elvis, Betty Boop and more here:
http://www.downmemorylanetreasures.com -
with FREE US shipping!

Jan Tallent, aka the Marketing Warrioress
at http://www.marketingwarrioress.com
and owner of Tallent Agency Office & VA Services
at http://www.tallentagency.com

The development of business models has a brief
history. The oldest, most basic business model is the
shopkeeper model.

This involves setting up a store in a location where
customers are likely to be and displaying your
product or service for all the passer-bys to see.

Here is mine, Jan’s Country Discout Store, that I
am trying to sell out:

http://tallenta.my-ehost.com/country_store.php

Over the years, business models have evolved,
changed and become more sophisticated.

The bait and hook business model was introduced in the
early 20th century. This model involved offering a
basic service for a low cost, often at a loss.

This part is the bait. Then by charging compensatory
recurring amounts for refills or other products or
services, this is the hook.

Examples are the razor, which is the bait, and blades,
which are the hook, cell phones that are the bait and
the service charges and airtime that are the hook.

In the 1950’s new business models came from some of
today’s well-known companies like McDonald’s and
Toyota.

In the 1960’s, Wal-Mart was the innovator and the
1970’s saw new business models from FedEx, Toys R Us,
the 1980’s pushed Blockbuster, Home Depot and many
computer companies to the forefront with their
innovative business models.

In turn, many dot-coms suffered because of their
poorly thought out business models.

Today’s business models depend on how the technology
available is used. Entrepreneurs on the Internet have
also created new models that depend on the emergent of
technology.

Using computer technology, a business has the
advantage of reaching a large amount of customers with
a minimal cost.

Here are MY online stores:

http://www.downmemorylanetreasures.com/

with Tangible items like memorablilia, hard to find and
out of print movies, Barbies and other collector dolls, etc.

and my digital superstore:
http://www.softwarewarrioress.com

selling downloadable software, ebooks, complete digital business
packages with resale rights, master resell rights AND
private label rights.

Here is my best selling digital business in a box!
http://www.jtdhealth.com

Managing these online stores is a breeze compared to
a brick and mortar biz and at almost NO COST to run!

Jan Tallent is the editor of Rim Digest eZine at
http://www.rimdigest.com and also known as the
Marketing Warrioress at http://marketingwarrioress.com

It is essential when starting a new, home-based business
that you plan on every possible thing that could happen.

Not only does this help you reach a goal for the future,
it also helps if you are trying to get financing for your
home-based business.

This important information is what makes up a home
business model. And there are four basic components of
each stage of building a business.

A great business model can only be composed after the
components of each stage have been identified.

The components of a home business model include the
infrastructure. The core components are capabilities
and competencies necessary to execute a company’s
business model.

The partner network is the business alliances which
complement other aspects of the business model and the
value, which is the rationale that makes a business
mutually beneficial for the business as well as for
its customers.

The offering of a home business model is the value
proposition. These are the products and services a
business offers.

In short, it is what the customer gets for what the
customer pays.

A customer can evaluate a company’s value on two broad
dimensions with multiple subsets.

The vendors’ marketing and sales efforts offer a
customer value proposition.

Next come the customers. You need to know who your
target customers are, the target audience for your
business products and services.

The distribution channel is the means by which a company
delivers its goods and services to a customer.

This could be through a simple means as the postal
service or a major trucking company driving your
products across country.

Customer relationship is key in a business model.

I have several businesses, one offline, one both on AND offline and

several online. The basics are the same whether you market on or

offline. I have a brick and mortar store, a home based office where

I offer both offline document creations and Virtual Assistance online.

http://www.tallentagency.com

I also have an online store selling memorabilia, hard to find or out of print movies,

collectors dolls and more here:   http://www.downmemorylanetreasures.com/

and a digital superstore with eBooks, software, ready made businesses TO sell

digitals, resale rights products and more here: http://www.softwarewarrioress.com