– Marc Ostrofsky
Success comes from a combination of knowing what’s going on in the market, knowing where the market is headed, planning to be in the right place, at the right time, arming yourself with the right products, having the right information and taking advantage of the opportunities.
The Internet Is the Ultimate Business Tool
I believe I may have been one of the first to view the Internet as a medium to conduct business. My beliefs and viewpoints were so strong that I decided to purchase the domain name business.com. In 1995, I paid $150,000 for the domain name to a British Internet service provider. At the time, industry insiders and the media were baffled to discover anyone would pay such an absurd amount of money for a simple dictionary word between a “www.” and a “.com.” Future events justified my huge outlay of cash. In 1999, only four years later, I resold the domain name to eCompanies, an Internet incubator (investing company) looking for an easy-to-remember name that would save millions in advertising costs. The sticker price: $7.5 million. That sale landed in The Guinness Book of World Records for the largest amount anyone had ever paid for a web address to date. There was no website, no product, services or sales. So often people say to me, “I wish I had done that!” or “It was so simple, why didn’t I think of that?” Well, you still can. We are truly in the bottom of the first inning when it comes to the potential for growth and opportunity on the Internet. There are hundreds of ways to make money using the Internet. Domain names.
The Internet Approach Is Really Simple
You’ll learn how to make money on two fronts:
1. Using the Internet to enhance your business, increase sales and decrease your cost structure regardless of whether you are a retailer, wholesaler, supplier, service provider, content provider, entrepreneur or multinational company.
2. Using the Internet as the primary business model in your chosen market, often without maintaining a physical office or location other than your home office or a laptop.
Using the Internet as your primary business tool comes in many forms: selling a product; selling services; providing or selling information. You’ll learn all about affiliates – how to team up with others, sell their products and earn big commissions from them. You’ll learn how to buy, sell, lease and even rent domain names, and how website traffic is the most powerful factor for any webbased business. For that, I have included over a hundred ways to optimize and increase traffic to your website.