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What is value? How do people define values?
Let’s recap our previous articles about your internet income blueprint, where we mentioned that there are 4 major ways of making money on the internet: 1. Content Publishing (Adsense revenue) |
When will people judge that the product they purchased or the services they received is of value they perceived?
This article will cover the part of “your own products”.
Let’s take a look at an example of what you can do with “your own products”.
We are going to use Online Business Cards Listing as our business example when you starting web based business.
How to Present Value of Income Stream?
There are 4 key points for you to consider when present value of income stream:
1. Help people make money
2. Save people’s money
3. Save people’s time
4. Solve people’s problem
If you could focus on one point from above as your unique selling point, or have a combination of any of the above 4 key points in whatever product or services you are to be offer when starting web based business to create your passive residual income, there is a better chance for your product/services to sell like hot cakes.
Present Value of Income Stream
In our online business card listing project, people pay only USD 10 per year to list their name cards/business cards in our online business card listing website.
This is a value that the project is creating to the market, so the present value of income stream is to help people save advertising dollars.
Imagine it is like a yellow pages / telephone book on the internet, with a display of business cards which is available to the world 24/7, and the cost is only USD 10 PER ANNUM!
What people need to do is just drop by the online business cards signup page,fill in their information, make the payment online and once you confirm their payment, just activate their account!
This suits one of the concept of starting web based business, which is to have multiple streams of passive income.
We shall further discuss automated income stream at next article.
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