Are you looking for a scalable startup entrepreneurship business model? Nothing scales better than an online business. An online business offers the kind of automation which allows a flexible and very lucrative startup for anyone. However, choosing the right scalable model will have a huge impact on your success.
Scalable Startup Entrepreneurship – The Right Model
Anyone can start an online business and sell digital products through a website and an email list. Both the website and email list can have an audience which is built up with various ‘streams ‘of traffic. These ‘streams’ of traffic can be from various sources:
- Organic search traffic (Google, Yahoo, Bing)
- Paid Traffic – Facebook, Linkedin, Adwords, Youtube etc.
- Banner adverts placed both online and offline
- Other methods of on and off line advertising
So, we have a scalable startup ‘entrepreneurship’ business right there. Simply by using an affiliate marketing model, we can promote and sell other people’s products using this method, like any business. However, what is missing is the other part of the puzzle. Anyone can create an online business selling affiliate products. But choosing the right products is massively important, and in large part, will determine whether or not we are successful.
Scalable Startup Entrepreneurship Business – Digital Products
Why digital products? Digital products are easy. You can earn up to 50% on digital products and you don’t have to create anything of your own. Simply use a ‘proven to sell’ product and promote through your website and email list. Digital products can be instantly accessed from anywhere globally through the internet. Use the above system to scale it up and you have a scalable startup business.
The Right Business Model
What’s missing is the the right business model. You can’t just pick a product and hope it will sell by scaling up your advertising methods. The product might not work and you will have wasted all that advertising expenditure. You need the right products to sell and the right product range to sell.
Selling a simple item from Amazon, for example, as an affiliate will get you a small commission. However, you have just passed your customer to Amazon. You don’t earn any more commissions from that customer. A better model is to earn commissions for the lifetime of a customer. You can do this by joining a program which offers:
- Back end sales for which you earn commissions
You don’t make the later sales personally, but because you have referred the customer initially, you benefit from the later sales which your customer purchases.
Sales are closed by:
- A built in sales team
A built in sales team is another means to close sales after your initial referral. It means you can benefit from lifetime commissions based on an initial sale. As well as back end sales and a built in sales team, a good scalable business model will include:
- Monthly memberships
Monthly membership which you can benefit from, mean you make commissions each month rather than just at a single point of sale. They also mean that for the lifetime of a customer, you continue to earn a regular income, and for each customer you refer. This model is far better than the basic affiliate marketing model which only pays you for a single sale on a single item, whether it be a physical product or a digital product.
You can also benefit from:
- High Ticket Sales
A small value product might make you £50 in commissions online. With larger products you can make £1000+ for each sale in addition to the other benefits (above) of a model like this one.
Start a scalable startup entrepreneurship venture which has all of these benefits plus all the training and support you need. You will also have access to a global online community who can help you through the step by step process of setting it all up and getting started. Enter your email on this page to access the free video series.