INTERNET BUSINESSES ARE A BIG SUCCESS AND WHY YOU NEED TO BE PART OF ITAfaq Khan
What are the examples of successful online businesses?
Amazon.com is THE ultimate example of an online business with over 300M users worldwide. It also happens to be about 99% automated. Other examples of online businesses include ebay.com, Zappos.com, Udemy etc.
As per statista, In 2017, an estimated 1.66 billion people worldwide purchase goods online. During the same year, global e-retail sales amounted to 2.3 trillion U.S. dollars and projections show a growth of up to 4.48 trillion U.S. dollars by 2021. In Asia Pacific, e-retail sales accounted for 12.1 percent of retail sales in 2016 but only for 1.8 percent of retail sales in the Middle East and Africa.
Consider this, even in 2018, global ecommerce sales represent only 10% or so of the global and US retail business despite extreme growth over the past decade, which means there is a tremendous upside for expansion.
- MentorBox.com is an excellent example of how a fairly simple idea can become a huge financial success in a short time. At the time of writing, MentorBox brings in about $1M a month in revenue making it an 8-figure online business.
- ProjectLifeMastery.com is yet another awesome example of how a passionate and hardworking individual can build a huge following and a financial empire. Project Life Mastery is known to be making about $250K a month in revenue making in 8-figure online business.
- SmartPassiveIncome.com, doesn’t need any introduction. SPI brings in about $166K a month in revenue making it an incredible 7-figure business.
Last but not least, subject matter discussed in this post, as well as others, is covered thoroughly in various online courses offered by Private Label Mastery.
Please feel free to share your questions or comments, I will be answering them over the next few days.
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