Wednesday, May 27, 2009

Arkansas Business Models |Online Auctions And Affiliate Marketing

Online auctions are certainly a viable business model many Arkansas business owners might want to pursue. This includes selling on Ebay and other sorts of auction sites. For some this model is all they sell. For others these auction sites serve to supplement their brick and mortar stores or to move product they are unable to move locally.

There are many advantages to this sort of business as it allows you to put your product before a larger customer base. Additionally, Ebay especially, has thousands and thousands of visitors on a regular basis able to search within its pages for your products. This narrows the playing field from competing against all businesses on the internet to only competing against other Ebay sellers.

Many may not know that you can add Ebay stores to your offering and suggest other products to your customers. For those who don't have their own websites, this can open up many more opportunites they may not be able to use otherwise without a website of their own.

Ebay can also be used for market research if you know what you're doing. If you haven't ever been on Ebay, you owe it to yourself to take a peek.

Affiliate Marketing As Another Business Model

In a previous post I mentioned affiliate marketing as a business model, but wanted to discuss this a bit more here. Affiliate marketing can be done in various ways and in varying degrees. Almost any site can benefit from banner advertisments to supplement their website's income. Without having to hire an sales team you can do this yourself through affiliate marketing.

Some affiliate sites you can check out include:
  • Commission Junction
  • Golden Cann
  • Share A Sale
See if these offer any products that dovetail with your own products and take advantage of their banner ads, text ads, or other options. You can also use this information to help flesh-out your newsletters, blog posts, articles as reviews, or other content.

To the success of Internet Marketing in Arkansas

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