Online Marketing

Don’t Fall for These Home Business Scams

By Eldon Beard

When you surf the internet you will find plenty of advertisements and offers for starting your own home business. A lot of unsuspecting people spot what they think is a sound business opportunity but end up losing a lot of money. Unfortunately, it is easy to be misled by these offers, so the income seeker has to be very cautious.

Home-Based Business Scam Targets
With many of these businesses the only money earned is the money that the scammers take from unwary opportunity seekers. These scams are aimed at people who want to make money working from home. Many are aimed at mothers with young children who want to do something to improve the family financial situation but who also want to be home for their children. These scams also play on the psychology of people who are really desperate to pay their bills and are having problems doing so.

Make Money Fast Schemes
Three of the most common work from home scams are craft assembly, medical billing and email processing.

In craft assembly you pay up front for a starter kit. When the completed projects are sent back, you are told by the company that your work does not meet their standards. Nothing will ever meet the standards. The whole operation is set up to make money selling the kits (and the promise of income to people who desperately need it).

In medical billing you pay a fee for a list of clients in your area and billing software. Medical clinics rarely if ever outsource their billing to individuals. The work is normally done internally or outsourced to medical billing firms. Trying to get a refund on the money you have paid up front is next to impossible.

In email processing the scammers try to involve you in their scam. They get you to pay up front for the privilege of participating, and then you send the same emails out to others in the hope of taking their money. This has become a lucrative (for the scammers) home business scam.

Pyramid Schemes
A pyramid scheme involves recruiting people to invest money with the promise that your money will be returned many times over (for example, invest $500 and get $5000 back). In this scam you invest money and then you recruit others to invest money. Pyramid schemes are illegal in most places but they are still very common. Pyramid schemes are very similar to the email processing scam. What happens is that a very few people, those at the top of the pyramid, make money while those at the bottom never see any return on their investment. People who get into the scheme early are paid from money collected from participants who get in later. Eventually, the whole scheme collapses.

Don’t Give Your Money Away
Be wary of work from home offers that require you to put up a cash deposit for the privilege of doing the work. Avoid pyramid type schemes where you pay money to someone who promises that you will recover your money many times over just by participating. Home business scams have always been with us, but with the proliferation of these scams on the Internet, it is much easier to rip off unsuspecting victims. Be careful. If an offer sounds too good to be true, it probably is!

About The Author

Eldon Beard is a Watkins Manager with Associates All Across the USA and Canada. Watkins has been famous for quality home, personal care, and gourmet cooking products since 1868. To learn more about starting a profitable home business with Watkins, visit our site: Watkins Products Home Based Business

How to Start a Network Marketing Business

By Sherman Choo

Network Marketing is a great business and there are a few ways to go about achieving success and creating for oneself a 5 digit monthly income figure with this business model!

The 1st way to start is by using the Traditional Network Marketing business model.

These are some considerations when joining a Traditional Network Marketing company.

There are many Network Marketing companies that sell nutritional products. Do some research by finding out if the business has a history of at least 3 to 5 years. The last thing you would want happen to you would be to build a down line, and have the company close.

The products offered should be something you would want to buy, even without the duplication system. Consider if the duplication system is something that draws on your strengths. In all old school network marketing company’s, the leaders are often good speakers, or they are recruiters with a large social circle. The usual way of prospecting is by a 3 way system. To elaborate further, this system is referred by a few names, one such referral is the ABC or Advisor, Bridge and Customer system.

To be an Advisor, you will need to be able to have good oratorical skills. To be the Bridge, you will be a traffic middleman, introducing your large pool of contacts to the Advisor. The customer is the prospect. The advisor and bridge work together to bring new enrollees into the system. Should persuading people verbally and inviting contacts to events come naturally and you feel good the benefits your company and products can bring to your prospects, then this is one route you can take.

Take into consideration locating a sponsor that has a track record and can mentor you for success. The sponsor would have taken the same route and can understand, help overcome the learning curve. A journey of a thousand miles begins with a single step, and that single step would be so much the easier to have a guide to pave the way.

The 2nd way to start a Network Marketing Business utilizes the internet.

The main difference lies in the duplication system. Instead of following up with invites, and calling, leads are qualified using sales ads and email marketing. Prospects fill up a form expressing their interest and upon receipt of a link in the email, will click that link to confirm the email is valid. Messages will be sent to the prospect educating them about the automated internet MLM system and how to market it online. New enrollees then join the business by clicking on links that lead them to payment processing pages where they pay by credit card. Upon joining, they will proceed to market the same system which brought them in.

The benefits to such a system removes the element of cold calling and speaking to strangers, untargeted prospects. Rather then teach someone who has not put down any commitment to work a business; it’s more fruitful to spend one’s energy working with a prospect qualified by the automated system. Some people who do not find success in the 1st business model have found it in the 2nd.

About The Author

Sherman Choo is an Internet Marketer helping people all over the globe achieve Financial Freedom. To discover the perfect Internet Network Marketing business model that has helped thousands make money online and find out if this Internet Home Business is right for you. Visit==>http://www.success-university.us