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Increase Your Online Business Profits By Giving Free Stuff Away

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by Yaw Boakye-Yiadom Making money online doesn't have to be hard. Many are aware of, and have employed several marketing techniques for online businesses, such as search engine optimization, having a social media presence, and pay per click advertising, and yet, they don't believe they are anywhere near reaching their goal of making good money online, which can be very frustrating. Giving free stuff away is another great marketing method which is so effective, but sadly, hasn't been tried by many online business owners for a number of reasons. If you are wondering why it works, then here are some answers. Why Would It Increase Profits? It may sound paradoxical, but giving away stuff for free does increase profits. A common economics principle states that when prices fall demand rises. Giving away free stuff is the lowest price you can charge for your service, or product. If you are offering a service, or a product, when you give away free stuff, customers use ...

How To Increase Your Internet Business Profits Through Outsourcing?

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Internet business is said to be very profitable because of its low overhead, but how can your struggling internet business make the good profits that people have been talking about? Internet business, unlike traditional brick and mortar business, does not need a fancy premise, inventory, warehouse, offices, or even additional employees, as you can operate the business all by yourself, right from your home.  If not done right, your internet business can quickly become a nightmare, keeping you glued to your computer screen from morning till evening every single day. The solution is to outsource some parts of your business, but what is the best way to go about this? Outsource The Right Tasks Now that you know that the secret to online business success is outsourcing, you need to decide which tasks to outsource. Know your core competencies. In simple terms, concentrate on what you are good at and outsource the rest. For example, few people running online businesses have the fi...