There are a lot of us who think that a home based business should be internet based, but must it really? Not at all, although having an online based business is definitely one way of making sure that you spread your tentacles as far out as you can.There are some home based business that are mostly fuelled mainly by talent and passion – you do what you do best, you do it, and then get a way to get people to see your product and buy it.Some people opt to go with a purely online business, and this in fact has founded an industry on its own, with people selling all sorts of ideas about home based online businesses that you can start. Its OK if this is the route you want to take, but make sure that you choose something that you love doing and something that you’re good at. You may also need to learn – marketing on the internet for example is whole different ball game from face-t0-face marketing. Enroll yourself in Internet Marketing courses and get to learn all the little things you need to know about the internet that will help you grow your business.So which is the best approach really? A mix of the 2 would be a great way to go. The world has shifted online, and if you want people to see you and buy from you, you need to be available online for them to find you. It doesn’t matter what you’re doing – if you bake cakes for weddings and parties, set up a website so that anyone searching for a good baker in your locality can find you. If you make crafts, do the same so that you can get to reach a wider market.If you decide to do a purely internet business, make sure that you learn the ropes as well as you can because the only sales you will make will be based on your internet presence and visibility. Make sure that you learn how to be at the top of a search each time, and you will see that you will start to sell.Whatever way you decide to go as a work-at-home mom, make sure that you can reach a target market, and today, this is largely done through the internet.

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

The world wide web is full of offers to start home based businesses. They will tell you that a home based business is the vehicle to generating a passive source of income and can lead to early retirement. Furthermore, it is easy to start and run, and doesn’t require much financial commitment.While there are spectacular successes for some people, on the whole, the results will be disappointing for most. More often than not, many people will quit after a few months with mediocre results, while some might tough it out for a year or two, but still with rather poor results.When I started looking into the home based business phenomenon a few years back, I firmly believed that anyone with the drive to work hard and smart, can start and run a home based business, and make it a success.But now, with the benefit of hindsight, I do not think so. The demands of a home based business are many and varied, and I think not everybody can measure up. I have listed below some traits and reasons which you should NOT have if you want are considering a home based business. If you are guilty of even one of the traits or reasons, you might want to rethink your decision to start a home business.If You Are Looking For A JobYou are going to quit your job at the end of the present month. You have budgeted about 3 months worth of expenses, and is planning to work very hard at a home business so that you can make it a success by the fourth month. You reason that even if your potential earnings fall short of the claims by the fourth month, it should still be more than enough for you to get by.If You Are Not Open To Learning New SkillsYou are not open to nor are interested in learning any new skills. You are going to depend on everything you already know to run your business and have no intention of and do not see the necessity of learning anything new even if it is called for or if your business requires it.If You Don’t Have The Entrepreneurial SpiritYou know that you are not an entrepreneur. Even the thought of striking out on your own scares you. What you intend to do is to find a home based business that comes with step by step instructions. You fully intend to follow the instructions exactly and make the business a success.If You Are In Desperate Need of MoneyYour daughter’s college tuition has to be paid in the next 6 months. Furthermore, your landlord is looking for you for a little chat about the overdue rent and you are quite sure that the bank manager will be calling you soon for an update about the overdue loan payment. So, right now, you need an opportunity or a home based business that can earn you at least a few hundred dollars a month almost immediately.If You Don’t Want To Work HardYou are entranced by the ads on the net about home based business that can make you a lot of money but needs very little work and skill on your part. You don’t want to work hard and are actually looking to make money fast.ConclusionIf you see yourself in just one of the paragraphs above, you need to take it seriously. A home based business is not a walk in the park and if you start one with a handicap, your chances of failure will increase exponentially. Do take a step back and take an objective look at your strengths and weaknesses, and then decide if a home based business is for you.