Having a home based business and making money online is rapidly becoming the desired choice for many people looking to replace incomes lost during the current recession The economic downturn has left many people without jobs and the outcome is uncertain.
People who have traditionally relied on stable jobs are now struggling to find work.
There are several good reasons to consider making money online.
1)Rapid Growth - As an industry, marketing goods and services on internet is still in its infancy.
The growth potential for marketing your business online is staggering.
In 1995 there were only 16 million users on the internet.
Ten years later in 2006 that number had grown to over 1 billion users worldwide.
As of Sept 2009 the number of internet users has surpassed 1.
7 billion and growing.
2)World Wide Customer Base - Today nearly 30% of the world's population uses the internet.
Home based business owners are making money online in what has become truly an international marketplace.
The days of purchasing goods and services from all over the world are here.
3)Multiple Income Streams - Marketing your business and making money online also gives the home based business owner the ability to capitalize on several income streams.
Network marketing and Affiliate marketing are just a couple of ways you can make money online.
Another way that you can make money online is by selling your own products.
No longer are you limited by your geographic region.
If your product is marketable you just need to find the proper means to drive traffic to your website.
Once there, the income potential is limitless from a world-wide customer base.
There are countless online money making opportunities.
More and more home based business owners are maximizing their efforts in making money online.
You would do well to position yourself, so as to not miss out on this explosive growth industry.