One Product, Different Ways of Business Models

You can have just that one product, and do different kinds of business models out of it. In actual fact, you just need one product to become successful in your life!

Various Possible Business Models

1. Retail Sales
2. Direct Sales
3. Network Marketing
4. Internet Marketing
5. Product Trading
6. Supplier Selling In Mass
7. Wholesaler distributing to the mass distributors/retailers
8. Barter Trading
9. Consumer-to-consumer sales (C2C is especially popular in Ebay)
10. Outsourcing sales (You be the agent, and you are just selling other people’s products, earning middle money)

What Product Should I Choose?
There are many business opportunities around the world. Many people tend to try ways and means to lure people into a business opportunity with the kind of business model that they adopted.. And anybody who is new to business, will get all excited about it and start the business with them… And in the end, they burnt their hands out of it… Why is it so?

That’s because products are actually the first thing to look at when you are approached of a business opportunity… We don’t look at the business models first because we still have a choice! Usually when a business model is decided, that’s when the company has already been established. Many people tend to lure people with the business model instead.. Because when a company is already been established, they can’t just change as they like when it affected many people working in the company.

Take a good look at the products. Do some research about that product. Have a good feel of the market for the product… Many people has the wrong feeling of the market when they see nobody is using it they thought there is no market! In fact, when nobody is using it, that’s where the market is!

Why some businessmen have preferences in their choice of business models?
Very simple, they are just being traditional, or are being comfortable with familiar stuff only… Or some of the models are not proven systems to be able to use yet…

Remember that we can have new products for the market… We can reinvent the wheel for the products if we have all the time and money..

However, try not to use new business models which are unproven… These might be a good opportunity though… You have to turn on your experience cap to determine…

Concluding
We can now use many ways of promoting a product. In the Internet world itself, there are so many ways of promoting a product! And it is all done so much easily… Physically we don’t have to move too much… But mentally we are still moving as much at home or in office…

Choose your product first… Talk about business models later….