Best Business Ideas 2012 Best Business Ideas 2012
#1 – Niche Affiliate MarketingNiche affiliate marketing is how I made most of my income in 2011 and it involves finding a good profitable niche that you are interested in, some high quality products that pay high commissions and building a website related to your niche. Once you have set up a website, most of the work involved here is in getting traffic to your site. If you put the work in upfront, this type of business can provide you with a lot of income for very little work. For example, one of my niche websites makes over $2000 per month in commissions and I put in around 1-2 hours of work per week on that site. I had to work very hard on that site for the first 6 months, but now the site is very close to being a passive income stream. If you like the idea of starting your own niche site, I can help you and coach you with this at the Affiliate Power Group.
#2 – Your Own Information Product
This is slighly more advanced than affiliate marketing as you have to be able to create a product and setup an online selling system, however, you may be surprised to learn that it is not as difficult as you might think. Again, there is a good amount of work up front to get this going, but once you have done this the amount of effort you need to put in will reduce significantly. The costs are also very low as you are creating a digital downloadable product such as an EBook so there are no manufacturing costs involved. If you want to learn how to do this, I highly recommend taking a look at Lee McIntyre’s Instant Internet Lifestyle training course. This is a seminar that originally cost people almost $1000 to attend, but he provides the videos for this full seminar for less than $20.
#3 – Freelancing
It can take a few months to get a website into a state where it is getting regular visitors and making sales. If you need money NOW, then freelancing is a great way to go. With freelancing you can start earning money from home within a few days or weeks. Types of jobs that you can do include writing articles, proof reading, translation, graphic design, virtual assistance, backlink building and more. There are lots of freelancing websites that you can join for free and start browsing jobs.
#4 – Multi Level Marketing
MLM isn’t for everyone, and is often given a bad name as there are a lot of poor MLM programs on the internet that charge high fees and don’t deliver much in the way of a product. However, on the plus side there are a lot of quality MLM programs and if you like working in a team rather than alone it can be a great way to earn money, while getting help and support from your upline. If you want to try this for free SFI is a good one and this is how I started my online business back in 2004. If you prefer a higher paying company, then MyWorldPlus is a great choice. You can read my review of MyWorldPlus here.
#5 – Google Adsense Websites
This is very similar to niche affiliate marketing, but instead of advertising products on your website, you put Google Adsense on your site instead. The ads displayed on your site will automatically be related to the topic of your site and you’ll earn money every time a visitor clicks on one of your ads. The great thing about this is that you get paid without making sales. Google Adsense is free to join, but you will need your own website before you apply. The 100K Adsense Blueprint is a good guide to makeing money with Adsense.
Hopefully these best business ideas for 2012 will give you a few suggestions for starting a new home business this year. If you have any questions please feel free to leave a comment in the box below or send me a question using the contact link on the menu above.
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