Most people who venture into web-based marketing begin by doing a web search for “online marketing” or some similar phrase. It doesn’t take long before they are diverted down the trail of the “business opportunity” seeker.
This is what I refer to as the BOM – the “business opportunity model”. An entire online industry has grown up around the idea of providing people with the opportunity to make money online, working from their homes. No 9 to 5 grind. No daily commute. No “boss” to answer to. And presumably no limit to how much money you can make.
Unfortunately most online “business opportunities” are blind alleys that end up leading nowhere for the vast majority of people who get involved with them. Business opportunity promoters are like the snake oil salesmen of the 1800s. They make all kinds of fantastic promises, but their systems rarely if ever deliver results – except for the promoter himself.
At their core most “business opportunity systems” are pyramid schemes that depend on a large base of gullible and often desperate people. What these schemes claim to sell is the “opportunity” to make lots of money by doing as little as possible.
The business opportunity model has virtually nothing to do with the real world of business. So it is important not to get sidetracked into thinking these promoters can teach you something about using the internet to market your own car dealership or coffee shop or sports bar. They can’t. Marketing real businesses online is a completely different animal from marketing to business opportunity seekers.
It may be true that the Business Opportunity Model can teach us things about the psychology of online buyers, or technical aspects of making sales online. But on the whole if you operate a legitimate business and want to do marketing on the web it will do you more harm than good to study the BOM or try to apply its methods to your own business.
To repeat, that’s because marketing concepts used by the business opportunity promoters are not addressing the real business world. They are not about real products like toothpaste, automobiles, vacation cruises or legal services. They are about selling illusion and deception and so they are best put out of your mind and forgotten.