Are you looking for online franchise opportunities? An online franchise is probably one of the best opportunities available for anyone who wants more time and financial freedom. Because the internet runs 24 hours a day non-stop, your internet based business can do the same. Added to this, you can benefit from automated digital sales and a global audience. This makes an online business incredibly scalable.
Online Franchise Opportunities
The main benefits of an online business are:
- Geographical freedom – work anywhere from a laptop
- No products to sell of your own – use other people’s products
- Digital products – can be accessed from anywhere globally
- Digital products + Global Sales = a very scalable business model
- This means time and financial freedom because of
- Automation and the ability to scale
Most people know that you don’t need a franchise business to sell online. A number of products are available to sell from various online affiliate marketing programs. Amazon, for example, is the biggest online retailer which anyone can join and earn by promoting their products. However, it is worth joining a business franchise for a number of reasons..
Education And Training
Most start out businesses fail online. That’s like most businesses overall really. However, the accessibility of an online business makes it open to anyone. The low cost and availability means that anyone can ‘have a go’ at starting an online business. Most fail because they don’t get the proper training and education. All decisions made on your online business are based on your knowledge. If your knowledge is flawed, your business will soon follow!
An Online Business Community
An online community allows you to engage with other people who are already succeeding online. You can access events and trainings which are being held throughout the week over the internet. You can also attend live events and meet like minded people to learn faster and ‘mastermind’ for better results.
When I started out with an online business, there was no resource like this. I struggled for years on my own. When I found a community I was skeptical. I expected to arrive at an empty building and get duped! Everyone is skeptical of sales over the internet due to certain unscrupulous sellers!
A Digital Business System
Digital sales are a big part of many online franchise opportunities. Digital sales mean automation and the ability to scale up your business globally. Physical products on the other hand are more difficult. They cost to manufacture and they cost to deliver. They cost to store too. All these savings are passed onto the seller with an online business. Affiliate marketers (those who promote the products) can earn 40% on digital products. So getting the right sales system and product range is vital to long term success.
Digital Product Range
There are thousands of affiliate products on the internet. Many of them are free to promote. However, what’s different about a product range is that you can earn ongoing commissions in a number of ways:
- High Ticket Commissions – Typically, free to promote products are also low cost and single tier. They only offer a single commission. After that, you have passed the customer to the product owners.
- Multi-Tier Sales – Sales made by your referrals are attributed to you and you can earn income on their referrals. This is tier two sales. It gives you more leverage and ability to scale up more quickly.
- Up-selling – Up-sells are a major part of a successful digital online business. Unless you earn from up-sells, you’re working hard to pass the customer to the product owner, where they benefit from lifetime sales made after your referral.
- Subscription Products – Subscriptions and memberships are another staple income for a good product range. A single sale can earn you commissions for life with a good subscription product.
Online Franchise Opportunities – Scalable and Automated
Most businesses are limited by their location and business model. An online business has automation built in. Digital products lets you automate sales and sell to anyone globally via a number of methods. The various online advertising platforms allow you to set up automated adverts and test and measure them starting with a small daily budget.
As your advertising campaigns run, you can track your results and adjust accordingly. Over time and by testing your adverts and measuring your feedback, you can determine which adverts are working. Once you find a profitable advert, you can increase your budget to reach a larger audience – knowing your advert is performing. The built in ability to scale up and reach a huge number of people over the internet is what gives online franchise opportunities like this one such huge potential.
Access An Online Business System And Community
Access an online business system, training and education platform and entrepreneurial community. Start here with a 7 day video series.Â